EFFIX HOLDING: 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.
EFFIX HOLDING
Largest movements
- Cash +€69,784
up €69,784 (+314%), from €22,255 to €92,039
mainly Net result for the year (+€132,202) and Depreciation (+€73,272)
- Tangible fixed assets -€31,432
down €31,432 (-1.8%), from €1.8m to €1.7m
of which Land and buildings: -€47,072
- Reserves +€132,202
up €132,202 (+20.4%), from €646,516 to €778,718
of which Distributable reserves: +€135,136
- Debts after one year -€91,470
down €91,470 (-6.8%), from €1.3m to €1.3m
- Tax, wage and social debts -€27,106
down €27,106 (-95.2%), from €28,477 to €1,370
- Other debts -€26,365
down €26,365 (-12.4%), from €212,377 to €186,012
- Financial income +€102,594
up €102,594 (+6,324%), from €1,622 to €104,217
- Gross operating margin +€38,391
up €38,391 (+22.4%), from €171,371 to €209,762
- Other operating charges +€32,500
up €32,500 (+174%), from €18,724 to €51,224
- Taxes -€2,106
down €2,106 (-7.4%), from €28,477 to €26,370
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 | €2,454,559 | €2,482,941 | +€28,382 | +1.2% |
| Fixed assets | 21/28 | €2,342,635 | €2,311,203 | -€31,432 | -1.3% |
| Tangible fixed assets | 22/27 | €1,751,221 | €1,719,789 | -€31,432 | -1.8% |
| Land and buildings | 22 | €1,675,847 | €1,628,775 | -€47,072 | -2.8% |
| Plant, machinery and equipment | 23 | €58,869 | €50,768 | -€8,101 | -13.8% |
| Furniture and vehicles | 24 | €16,504 | €40,246 | +€23,741 | +144% |
| Financial fixed assets | 28 | €591,414 | €591,414 | = | 0.0% |
| Current assets | 29/58 | €111,924 | €171,738 | +€59,814 | +53.4% |
| Amounts receivable within one year | 40/41 | €80,169 | €73,289 | -€6,880 | -8.6% |
| Trade receivables | 40 | €12,677 | €15,287 | +€2,610 | +20.6% |
| Other amounts receivable | 41 | €67,492 | €58,002 | -€9,490 | -14.1% |
| Cash at bank and in hand | 54/58 | €22,255 | €92,039 | +€69,784 | +314% |
| Deferred charges and accrued income | 490/1 | €9,500 | €6,410 | -€3,090 | -32.5% |
| Total equity and liabilities | 10/49 | €2,454,559 | €2,482,941 | +€28,382 | +1.2% |
| Equity | 10/15 | €715,108 | €847,310 | +€132,202 | +18.5% |
| Contributions | 10/11 | €68,592 | €68,592 | = | 0.0% |
| Reserves | 13 | €646,516 | €778,718 | +€132,202 | +20.4% |
| Non-distributable reserves | 130/1 | €6,859 | €6,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €6,859 | €6,859 | = | 0.0% |
| Tax-exempt reserves | 132 | €28,066 | €25,132 | -€2,934 | -10.5% |
| Distributable reserves | 133 | €611,592 | €746,728 | +€135,136 | +22.1% |
| Provisions and deferred taxes | 16 | €9,355 | €8,377 | -€978 | -10.5% |
| Deferred taxes | 168 | €9,355 | €8,377 | -€978 | -10.5% |
| Amounts payable | 17/49 | €1,730,095 | €1,627,253 | -€102,842 | -5.9% |
| Amounts payable after more than one year | 17 | €1,344,552 | €1,253,081 | -€91,470 | -6.8% |
| Financial debts | 170/4 | €1,344,552 | €1,253,081 | -€91,470 | -6.8% |
| Amounts payable within one year | 42/48 | €385,544 | €374,172 | -€11,372 | -2.9% |
| Current portion of amounts payable after more than one year | 42 | €137,664 | €160,720 | +€23,056 | +16.7% |
| Trade debts | 44 | €7,026 | €26,069 | +€19,043 | +271% |
| Suppliers | 440/4 | €7,026 | €26,069 | +€19,043 | +271% |
| Taxes, remuneration and social security | 45 | €28,477 | €1,370 | -€27,106 | -95.2% |
| Taxes | 450/3 | €28,477 | €1,370 | -€27,106 | -95.2% |
| Other amounts payable | 47/48 | €212,377 | €186,012 | -€26,365 | -12.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €71,218 | €73,272 | +€2,054 | +2.9% |
| Other operating charges | 640/8 | €18,724 | €51,224 | +€32,500 | +174% |
| Gross operating margin | 9900 | €171,371 | €209,762 | +€38,391 | +22.4% |
| Operating profit (loss) | 9901 | €81,429 | €85,266 | +€3,837 | +4.7% |
| Financial income | 75/76B | €1,622 | €104,217 | +€102,594 | +6,324% |
| Recurring financial income | 75 | €1,622 | €104,217 | +€102,594 | +6,324% |
| Financial charges | 65/66B | €31,975 | €31,889 | -€87 | -0.3% |
| Recurring financial charges | 65 | €31,975 | €31,889 | -€87 | -0.3% |
| Profit (loss) for the period before taxes | 9903 | €51,076 | €157,595 | +€106,518 | +209% |
| Transfer from deferred taxes | 780 | €1,039 | €978 | -€62 | -5.9% |
| Income taxes | 67/77 | €28,477 | €26,370 | -€2,106 | -7.4% |
| Profit (loss) for the period | 9904 | €23,639 | €132,202 | +€108,563 | +459% |
| Transfer from tax-exempt reserves | 789 | €3,118 | €2,934 | -€185 | -5.9% |
| Profit (loss) for the period to be appropriated | 9905 | €26,757 | €135,136 | +€108,379 | +405% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 October 2026 via checked.be.