EFFICIO BY OLIVIER: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
EFFICIO BY OLIVIER
Largest movements
- Receivables within one year -€53,755
down €53,755 (-59.7%), from €90,066 to €36,311
of which Trade receivables: -€80,594
- Cash +€27,180
up €27,180 (+50.7%), from €53,560 to €80,740
mainly Receivables within one year (+€53,755) and Deferred charges and accrued income (+€479)
- Tax, wage and social debts -€18,656
down €18,656 (-43.0%), from €43,392 to €24,736
- Other debts -€4,360
down €4,360 (-87.2%), from €5,000 to €640
- Profit (loss) carried forward -€3,960
down €3,960 (-4.4%), from €90,160 to €86,201
- Gross operating margin -€129,522
down €129,522 (-99.4%), from €130,353 to €831
- Taxes -€25,125
down €25,125 (-96.9%), from €25,918 to €793
- Other operating charges -€2,621
down €2,621 (-67.3%), from €3,893 to €1,272
- Financial charges -€1,894
down €1,894 (-38.5%), from €4,924 to €3,030
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Derived cash bridge
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €146,094 | €118,577 | -€27,517 | -18.8% |
| Fixed assets | 21/28 | €817 | €354 | -€463 | -56.7% |
| Tangible fixed assets | 22/27 | €817 | €354 | -€463 | -56.7% |
| Furniture and vehicles | 24 | €817 | €354 | -€463 | -56.7% |
| Current assets | 29/58 | €145,277 | €118,223 | -€27,054 | -18.6% |
| Amounts receivable within one year | 40/41 | €90,066 | €36,311 | -€53,755 | -59.7% |
| Trade receivables | 40 | €81,280 | €687 | -€80,594 | -99.2% |
| Other amounts receivable | 41 | €8,786 | €35,624 | +€26,838 | +305% |
| Cash at bank and in hand | 54/58 | €53,560 | €80,740 | +€27,180 | +50.7% |
| Deferred charges and accrued income | 490/1 | €1,651 | €1,172 | -€479 | -29.0% |
| Total equity and liabilities | 10/49 | €146,094 | €118,577 | -€27,517 | -18.8% |
| Equity | 10/15 | €97,160 | €93,201 | -€3,960 | -4.1% |
| Contributions | 10/11 | €7,000 | €7,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €90,160 | €86,201 | -€3,960 | -4.4% |
| Amounts payable | 17/49 | €48,934 | €25,376 | -€23,557 | -48.1% |
| Amounts payable within one year | 42/48 | €48,802 | €25,376 | -€23,425 | -48.0% |
| Trade debts | 44 | €409 | - | -€409 | |
| Suppliers | 440/4 | €409 | - | -€409 | |
| Taxes, remuneration and social security | 45 | €43,392 | €24,736 | -€18,656 | -43.0% |
| Taxes | 450/3 | €43,392 | €24,736 | -€18,656 | -43.0% |
| Other amounts payable | 47/48 | €5,000 | €640 | -€4,360 | -87.2% |
| Accrued charges and deferred income | 492/3 | €132 | - | -€132 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €573 | €463 | -€110 | -19.2% |
| Other operating charges | 640/8 | €3,893 | €1,272 | -€2,621 | -67.3% |
| Gross operating margin | 9900 | €130,353 | €831 | -€129,522 | -99.4% |
| Operating profit (loss) | 9901 | €125,887 | -€905 | -€126,792 | |
| Financial income | 75/76B | €115 | €768 | +€653 | +566% |
| Recurring financial income | 75 | €115 | €768 | +€653 | +566% |
| Financial charges | 65/66B | €4,924 | €3,030 | -€1,894 | -38.5% |
| Recurring financial charges | 65 | €4,924 | €3,030 | -€1,894 | -38.5% |
| Profit (loss) for the period before taxes | 9903 | €121,078 | -€3,166 | -€124,245 | |
| Income taxes | 67/77 | €25,918 | €793 | -€25,125 | -96.9% |
| Profit (loss) for the period | 9904 | €95,160 | -€3,960 | -€99,120 | |
| Profit (loss) for the period to be appropriated | 9905 | €95,160 | -€3,960 | -€99,120 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.