EFFIZEN: 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.
EFFIZEN
Largest movements
- Tangible fixed assets +€21,686
up €21,686, from €0 to €21,686
- Cash +€18,892
up €18,892 (+289.6%), from €6,524 to €25,416
mainly Net result for the year (+€41,390) and Other debts (+€17,093)
- Receivables within one year +€13,631
up €13,631 (+67.7%), from €20,133 to €33,764
of which Trade receivables: +€13,904
- Deferred charges and accrued income -€1,548
no longer reported in 2025 (was €1,548)
- Other debts +€17,093
up €17,093 (+218.2%), from €7,832 to €24,925
- Profit (loss) carried forward +€16,390
up €16,390 (+624.4%), from €2,625 to €19,015
- Debts after one year +€12,097
new in 2025: €12,097
- Current portion of long-term debt +€4,812
new in 2025: €4,812
- Tax, wage and social debts +€2,276
up €2,276 (+54.0%), from €4,213 to €6,490
- Gross operating margin +€22,979
up €22,979 (+79.3%), from €28,963 to €51,941
- Depreciation +€6,810
new in 2025: €6,810
- Taxes +€1,337
up €1,337 (+114.8%), from €1,164 to €2,501
- Financial charges +€649
up €649 (+159.8%), from €406 to €1,055
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 | €28,256 | €80,917 | +€52,661 | +186.4% |
| Fixed assets | 21/28 | €50 | €21,736 | +€21,686 | +43372.8% |
| Tangible fixed assets | 22/27 | €0 | €21,686 | +€21,686 | |
| Furniture and vehicles | 24 | €0 | €21,686 | +€21,686 | |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €28,206 | €59,180 | +€30,975 | +109.8% |
| Amounts receivable within one year | 40/41 | €20,133 | €33,764 | +€13,631 | +67.7% |
| Trade receivables | 40 | €19,860 | €33,764 | +€13,904 | +70.0% |
| Other amounts receivable | 41 | €273 | - | -€273 | |
| Cash at bank and in hand | 54/58 | €6,524 | €25,416 | +€18,892 | +289.6% |
| Deferred charges and accrued income | 490/1 | €1,548 | - | -€1,548 | |
| Total equity and liabilities | 10/49 | €28,256 | €80,917 | +€52,661 | +186.4% |
| Equity | 10/15 | €16,203 | €32,593 | +€16,390 | +101.2% |
| Contributions | 10/11 | €13,578 | €13,578 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,625 | €19,015 | +€16,390 | +624.4% |
| Amounts payable | 17/49 | €12,053 | €48,323 | +€36,271 | +300.9% |
| Amounts payable after more than one year | 17 | - | €12,097 | +€12,097 | |
| Financial debts | 170/4 | - | €12,097 | +€12,097 | |
| Amounts payable within one year | 42/48 | €12,053 | €36,226 | +€24,174 | +200.6% |
| Current portion of amounts payable after more than one year | 42 | - | €4,812 | +€4,812 | |
| Trade debts | 44 | €7 | €0 | -€7 | -100.0% |
| Suppliers | 440/4 | €7 | €0 | -€7 | -100.0% |
| Taxes, remuneration and social security | 45 | €4,213 | €6,490 | +€2,276 | +54.0% |
| Taxes | 450/3 | €4,213 | €6,490 | +€2,276 | +54.0% |
| Other amounts payable | 47/48 | €7,832 | €24,925 | +€17,093 | +218.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €6,810 | +€6,810 | |
| Other operating charges | 640/8 | €231 | €186 | -€45 | -19.6% |
| Gross operating margin | 9900 | €28,963 | €51,941 | +€22,979 | +79.3% |
| Operating profit (loss) | 9901 | €28,732 | €44,946 | +€16,214 | +56.4% |
| Financial charges | 65/66B | €406 | €1,055 | +€649 | +159.8% |
| Recurring financial charges | 65 | €406 | €1,055 | +€649 | +159.8% |
| Profit (loss) for the period before taxes | 9903 | €28,326 | €43,891 | +€15,565 | +55.0% |
| Income taxes | 67/77 | €1,164 | €2,501 | +€1,337 | +114.8% |
| Profit (loss) for the period | 9904 | €27,162 | €41,390 | +€14,229 | +52.4% |
| Profit (loss) for the period to be appropriated | 9905 | €27,162 | €41,390 | +€14,229 | +52.4% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.