EFIKAGEST, Solutions & Services: 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.
EFIKAGEST, Solutions & Services
Largest movements
- Cash -€2,109
down €2,109 (-10.8%), from €19,454 to €17,345
mainly Other debts (-€2,858) and Investment in fixed assets (net) (-€1,419)
- Tangible fixed assets +€687
up €687 (+61.6%), from €1,117 to €1,804
of which Plant, machinery and equipment: +€742
- Deferred charges and accrued income -€424
down €424 (-20.5%), from €2,066 to €1,642
- Other debts -€2,858
down €2,858 (-16.2%), from €17,594 to €14,736
- Trade debts +€874
up €874 (+89.6%), from €975 to €1,850
- Tax, wage and social debts -€488
down €488 (-10.9%), from €4,481 to €3,993
- Current portion of long-term debt +€424
new in 2025: €424
- Taxes +€177
up €177 (+14.5%), from €1,220 to €1,397
- Gross operating margin +€110
up €110 (+3.1%), from €3,573 to €3,683
- Financial charges -€67
down €67 (-14.7%), from €452 to €386
- Other operating charges +€40
up €40 (+3.6%), from €1,124 to €1,164
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 | €34,756 | €32,713 | -€2,043 | -5.9% |
| Fixed assets | 21/28 | €1,117 | €1,804 | +€687 | +61.6% |
| Tangible fixed assets | 22/27 | €1,117 | €1,804 | +€687 | +61.6% |
| Plant, machinery and equipment | 23 | €968 | €1,710 | +€742 | +76.7% |
| Furniture and vehicles | 24 | €149 | €95 | -€54 | -36.5% |
| Current assets | 29/58 | €33,639 | €30,908 | -€2,731 | -8.1% |
| Amounts receivable within one year | 40/41 | €12,119 | €11,921 | -€198 | -1.6% |
| Trade receivables | 40 | €12,114 | €11,880 | -€234 | -1.9% |
| Other amounts receivable | 41 | €5 | €41 | +€36 | +670% |
| Cash at bank and in hand | 54/58 | €19,454 | €17,345 | -€2,109 | -10.8% |
| Deferred charges and accrued income | 490/1 | €2,066 | €1,642 | -€424 | -20.5% |
| Total equity and liabilities | 10/49 | €34,756 | €32,713 | -€2,043 | -5.9% |
| Equity | 10/15 | €11,706 | €11,710 | +€5 | 0.0% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €6,706 | €6,710 | +€5 | +0.1% |
| Amounts payable | 17/49 | €23,050 | €21,002 | -€2,048 | -8.9% |
| Amounts payable within one year | 42/48 | €23,050 | €21,002 | -€2,048 | -8.9% |
| Current portion of amounts payable after more than one year | 42 | - | €424 | +€424 | |
| Trade debts | 44 | €975 | €1,850 | +€874 | +89.6% |
| Suppliers | 440/4 | €975 | €1,850 | +€874 | +89.6% |
| Taxes, remuneration and social security | 45 | €4,481 | €3,993 | -€488 | -10.9% |
| Taxes | 450/3 | €4,481 | €3,993 | -€488 | -10.9% |
| Other amounts payable | 47/48 | €17,594 | €14,736 | -€2,858 | -16.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €705 | €732 | +€27 | +3.8% |
| Other operating charges | 640/8 | €1,124 | €1,164 | +€40 | +3.6% |
| Gross operating margin | 9900 | €3,573 | €3,683 | +€110 | +3.1% |
| Operating profit (loss) | 9901 | €1,745 | €1,787 | +€43 | +2.4% |
| Financial income | 75/76B | €3 | €0 | -€3 | -91.8% |
| Recurring financial income | 75 | €3 | €0 | -€3 | -91.8% |
| Financial charges | 65/66B | €452 | €386 | -€67 | -14.7% |
| Recurring financial charges | 65 | €452 | €386 | -€67 | -14.7% |
| Profit (loss) for the period before taxes | 9903 | €1,295 | €1,402 | +€107 | +8.2% |
| Income taxes | 67/77 | €1,220 | €1,397 | +€177 | +14.5% |
| Profit (loss) for the period | 9904 | €75 | €5 | -€71 | -93.9% |
| Profit (loss) for the period to be appropriated | 9905 | €75 | €5 | -€71 | -93.9% |
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 13 October 2026 via checked.be.