EFIMCO: 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.
EFIMCO
Largest movements
- Cash -€11,849
down €11,849 (-84.9%), from €13,954 to €2,105
mainly Receivables within one year (-€10,000) and Net result for the year (-€3,032)
- Receivables within one year +€10,000
up €10,000 (+11.2%), from €89,560 to €99,560
- Tangible fixed assets -€1,257
no longer reported in 2023 (was €1,257)
- Profit (loss) carried forward -€3,032
down €3,032 (-3.4%), from €90,442 to €87,410
- Depreciation +€1,257
new in 2023: €1,257
- Gross operating margin -€787
down €787 (-328.2%), from -€240 to -€1,027
- Purchases and services +€787
up €787 (+328.2%), from €240 to €1,027
- Other operating charges +€777
new in 2023: €777
- Financial income +€74
new in 2023: €74
of which Financial income: +€74
From the 2022 result to the 2023 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 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €104,812 | €101,665 | -€3,147 | -3.0% |
| Fixed assets | 21/28 | €1,299 | - | -€1,299 | |
| Tangible fixed assets | 22/27 | €1,257 | - | -€1,257 | |
| Furniture and vehicles | 24 | €1,257 | - | -€1,257 | |
| Financial fixed assets | 28 | €42 | - | -€42 | |
| Current assets | 29/58 | €103,514 | €101,665 | -€1,849 | -1.8% |
| Amounts receivable within one year | 40/41 | €89,560 | €99,560 | +€10,000 | +11.2% |
| Other amounts receivable | 41 | €89,560 | €99,560 | +€10,000 | +11.2% |
| Cash at bank and in hand | 54/58 | €13,954 | €2,105 | -€11,849 | -84.9% |
| Total equity and liabilities | 10/49 | €104,812 | €101,665 | -€3,147 | -3.0% |
| Equity | 10/15 | €104,697 | €101,665 | -€3,032 | -2.9% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €1,855 | €1,855 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,855 | €1,855 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,855 | €1,855 | = | 0.0% |
| Profit (loss) carried forward | 14 | €90,442 | €87,410 | -€3,032 | -3.4% |
| Amounts payable | 17/49 | €115 | - | -€115 | |
| Amounts payable within one year | 42/48 | €115 | - | -€115 | |
| Trade debts | 44 | €115 | - | -€115 | |
| Suppliers | 440/4 | €115 | - | -€115 | |
| Goods, raw materials, services and sundry goods | 60/61 | €240 | €1,027 | +€787 | +328.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €1,257 | +€1,257 | |
| Other operating charges | 640/8 | - | €777 | +€777 | |
| Gross operating margin | 9900 | -€240 | -€1,027 | -€787 | -328.2% |
| Operating profit (loss) | 9901 | -€240 | -€3,061 | -€2,821 | -1176.2% |
| Financial income | 75/76B | - | €74 | +€74 | |
| Recurring financial income | 75 | - | €74 | +€74 | |
| Non-recurring financial income | 76B | - | €74 | +€74 | |
| Financial charges | 65/66B | €49 | €45 | -€4 | -7.4% |
| Recurring financial charges | 65 | €49 | €45 | -€4 | -7.4% |
| Profit (loss) for the period before taxes | 9903 | -€288 | -€3,032 | -€2,744 | -951.2% |
| Profit (loss) for the period | 9904 | -€288 | -€3,032 | -€2,744 | -951.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€288 | -€3,032 | -€2,744 | -951.2% |
Source: filed annual accounts (NBB), financial years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.