EFFILOG: 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.
EFFILOG
Largest movements
- Receivables within one year +€24,948
up €24,948 (+2006.8%), from €1,243 to €26,191
of which Trade receivables: +€17,444
- Profit (loss) carried forward +€29,625
up €29,625 (+66.0%), from -€44,914 to -€15,289
- Other debts -€22,784
no longer reported in 2025 (was €22,784)
- Trade debts +€12,971
up €12,971 (+307.5%), from €4,218 to €17,189
- Tax, wage and social debts +€8,917
up €8,917 (+379.2%), from €2,351 to €11,268
of which Remuneration and social security: +€4,848
- Advances received -€3,642
no longer reported in 2025 (was €3,642)
- Gross operating margin +€34,619
up €34,619 (+132.5%), from €26,119 to €60,738
- Staff costs -€21,195
down €21,195 (-42.0%), from €50,483 to €29,288
- Financial charges +€1,287
up €1,287 (+1838.4%), from €70 to €1,357
- Depreciation -€793
down €793 (-62.9%), from €1,261 to €468
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.
Cash bridge derived
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 | €4,082 | €29,168 | +€25,087 | +614.6% |
| Fixed assets | 21/28 | €684 | €753 | +€69 | +10.1% |
| Tangible fixed assets | 22/27 | €461 | €530 | +€69 | +14.9% |
| Furniture and vehicles | 24 | €461 | €530 | +€69 | +14.9% |
| Financial fixed assets | 28 | €223 | €223 | = | 0.0% |
| Current assets | 29/58 | €3,397 | €28,415 | +€25,018 | +736.4% |
| Amounts receivable within one year | 40/41 | €1,243 | €26,191 | +€24,948 | +2006.8% |
| Trade receivables | 40 | - | €17,444 | +€17,444 | |
| Other amounts receivable | 41 | €1,243 | €8,747 | +€7,504 | +603.6% |
| Cash at bank and in hand | 54/58 | €2,064 | €2,224 | +€160 | +7.8% |
| Deferred charges and accrued income | 490/1 | €90 | - | -€90 | |
| Total equity and liabilities | 10/49 | €4,082 | €29,168 | +€25,087 | +614.6% |
| Equity | 10/15 | -€28,914 | €711 | +€29,625 | |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €13,000 | €13,000 | = | 0.0% |
| Distributable reserves | 133 | €13,000 | €13,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€44,914 | -€15,289 | +€29,625 | +66.0% |
| Amounts payable | 17/49 | €32,995 | €28,457 | -€4,538 | -13.8% |
| Amounts payable within one year | 42/48 | €32,995 | €28,457 | -€4,538 | -13.8% |
| Trade debts | 44 | €4,218 | €17,189 | +€12,971 | +307.5% |
| Suppliers | 440/4 | €4,218 | €17,189 | +€12,971 | +307.5% |
| Advances received on contracts in progress | 46 | €3,642 | - | -€3,642 | |
| Taxes, remuneration and social security | 45 | €2,351 | €11,268 | +€8,917 | +379.2% |
| Taxes | 450/3 | €2,351 | €6,420 | +€4,069 | +173.0% |
| Remuneration and social security | 454/9 | - | €4,848 | +€4,848 | |
| Other amounts payable | 47/48 | €22,784 | - | -€22,784 | |
| Remuneration, social security and pensions | 62 | €50,483 | €29,288 | -€21,195 | -42.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,261 | €468 | -€793 | -62.9% |
| Gross operating margin | 9900 | €26,119 | €60,738 | +€34,619 | +132.5% |
| Operating profit (loss) | 9901 | -€25,625 | €30,982 | +€56,607 | |
| Financial charges | 65/66B | €70 | €1,357 | +€1,287 | +1838.4% |
| Recurring financial charges | 65 | €70 | €1,357 | +€1,287 | +1838.4% |
| Profit (loss) for the period before taxes | 9903 | -€25,695 | €29,625 | +€55,320 | |
| Profit (loss) for the period | 9904 | -€25,695 | €29,625 | +€55,320 | |
| Profit (loss) for the period to be appropriated | 9905 | -€25,695 | €29,625 | +€55,320 |
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 10 October 2026 via checked.be.