EFFITEC: 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.
EFFITEC
Largest movements
- Cash +€5,089
up €5,089 (+2.3%), from €220,744 to €225,833
mainly Net result for the year (+€3,955) and Receivables within one year (+€1,645)
- Reserves +€3,950
up €3,950 (+4.8%), from €82,110 to €86,060
of which Distributable reserves: +€3,950
- Financial income -€4,500
down €4,500 (-81.8%), from €5,502 to €1,002
- Taxes -€1,660
down €1,660 (-47.4%), from €3,505 to €1,845
- Gross operating margin -€1,459
down €1,459 (-22.8%), from €6,396 to €4,937
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 | €224,195 | €227,518 | +€3,323 | +1.5% |
| Current assets | 29/58 | €224,195 | €227,518 | +€3,323 | +1.5% |
| Stocks and contracts in progress | 3 | €26 | €67 | +€41 | +158% |
| Stocks | 30/36 | €26 | €67 | +€41 | +158% |
| Amounts receivable within one year | 40/41 | €3,063 | €1,418 | -€1,645 | -53.7% |
| Trade receivables | 40 | €2,133 | - | -€2,133 | |
| Other amounts receivable | 41 | €930 | €1,418 | +€488 | +52.5% |
| Cash at bank and in hand | 54/58 | €220,744 | €225,833 | +€5,089 | +2.3% |
| Deferred charges and accrued income | 490/1 | €362 | €200 | -€162 | -44.8% |
| Total equity and liabilities | 10/49 | €224,195 | €227,518 | +€3,323 | +1.5% |
| Equity | 10/15 | €217,329 | €221,284 | +€3,955 | +1.8% |
| Contributions | 10/11 | €12,500 | €12,500 | = | 0.0% |
| Reserves | 13 | €82,110 | €86,060 | +€3,950 | +4.8% |
| Tax-exempt reserves | 132 | €4,000 | €4,000 | = | 0.0% |
| Distributable reserves | 133 | €78,110 | €82,060 | +€3,950 | +5.1% |
| Profit (loss) carried forward | 14 | €122,719 | €122,724 | +€5 | 0.0% |
| Amounts payable | 17/49 | €6,866 | €6,234 | -€632 | -9.2% |
| Amounts payable within one year | 42/48 | €6,789 | €6,217 | -€572 | -8.4% |
| Trade debts | 44 | - | €187 | +€187 | |
| Suppliers | 440/4 | - | €187 | +€187 | |
| Other amounts payable | 47/48 | €6,789 | €6,030 | -€759 | -11.2% |
| Accrued charges and deferred income | 492/3 | €77 | €17 | -€60 | -77.9% |
| Gross operating margin | 9900 | €6,396 | €4,937 | -€1,459 | -22.8% |
| Operating profit (loss) | 9901 | €6,396 | €4,937 | -€1,459 | -22.8% |
| Financial income | 75/76B | €5,502 | €1,002 | -€4,500 | -81.8% |
| Recurring financial income | 75 | €5,502 | €1,002 | -€4,500 | -81.8% |
| Financial charges | 65/66B | €139 | €139 | = | 0.0% |
| Recurring financial charges | 65 | €139 | €139 | = | 0.0% |
| Profit (loss) for the period before taxes | 9903 | €11,759 | €5,800 | -€5,959 | -50.7% |
| Income taxes | 67/77 | €3,505 | €1,845 | -€1,660 | -47.4% |
| Profit (loss) for the period | 9904 | €8,254 | €3,955 | -€4,299 | -52.1% |
| Profit (loss) for the period to be appropriated | 9905 | €8,254 | €3,955 | -€4,299 | -52.1% |
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 27 October 2026 via checked.be.