eFluenz: 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.
eFluenz
Largest movements
- Cash -€119,324
down €119,324 (-14.8%), from €805,781 to €686,457
mainly Contributions, distributions and other (-€800,000) and Receivables within one year (-€69,524)
- Receivables within one year +€69,524
up €69,524 (+16.9%), from €411,325 to €480,849
of which Trade receivables: +€52,217
- Deferred charges and accrued income +€16,863
up €16,863 (+757.4%), from €2,226 to €19,089
- Reserves -€364,285
down €364,285 (-54.0%), from €674,865 to €310,579
of which Distributable reserves: -€364,285
- Other debts +€300,058
new in 2025: €300,058
- Trade debts +€17,976
up €17,976 (+7.9%), from €227,703 to €245,679
- Tax, wage and social debts +€12,716
up €12,716 (+7.2%), from €176,142 to €188,858
of which Remuneration and social security: +€29,750
- Gross operating margin +€468,386
up €468,386 (+50.7%), from €924,687 to €1.4m
- Turnover +€439,859
up €439,859 (+20.6%), from €2.1m to €2.6m
- Staff costs +€174,831
up €174,831 (+28.2%), from €618,949 to €793,780
- Taxes +€74,925
up €74,925 (+93.7%), from €80,000 to €154,925
- Purchases and services -€25,879
down €25,879 (-2.1%), from €1.2m to €1.2m
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 | €1,222,310 | €1,188,775 | -€33,535 | -2.7% |
| Fixed assets | 21/28 | €2,978 | €2,379 | -€598 | -20.1% |
| Tangible fixed assets | 22/27 | €2,978 | €2,286 | -€691 | -23.2% |
| Furniture and vehicles | 24 | €2,978 | €2,286 | -€691 | -23.2% |
| Financial fixed assets | 28 | - | €93 | +€93 | |
| Current assets | 29/58 | €1,219,332 | €1,186,395 | -€32,937 | -2.7% |
| Amounts receivable within one year | 40/41 | €411,325 | €480,849 | +€69,524 | +16.9% |
| Trade receivables | 40 | €404,325 | €456,542 | +€52,217 | +12.9% |
| Other amounts receivable | 41 | €7,000 | €24,307 | +€17,307 | +247.2% |
| Cash at bank and in hand | 54/58 | €805,781 | €686,457 | -€119,324 | -14.8% |
| Deferred charges and accrued income | 490/1 | €2,226 | €19,089 | +€16,863 | +757.4% |
| Total equity and liabilities | 10/49 | €1,222,310 | €1,188,775 | -€33,535 | -2.7% |
| Equity | 10/15 | €818,465 | €454,179 | -€364,285 | -44.5% |
| Contributions | 10/11 | €143,600 | €143,600 | = | 0.0% |
| Capital | 10 | €143,600 | €143,600 | = | 0.0% |
| Issued capital | 100 | €143,600 | €143,600 | = | 0.0% |
| Reserves | 13 | €674,865 | €310,579 | -€364,285 | -54.0% |
| Non-distributable reserves | 130/1 | €14,360 | €14,360 | = | 0.0% |
| Legal reserve | 130 | €14,360 | €14,360 | = | 0.0% |
| Distributable reserves | 133 | €660,505 | €296,219 | -€364,285 | -55.2% |
| Amounts payable | 17/49 | €403,845 | €734,595 | +€330,750 | +81.9% |
| Amounts payable within one year | 42/48 | €403,845 | €734,595 | +€330,750 | +81.9% |
| Trade debts | 44 | €227,703 | €245,679 | +€17,976 | +7.9% |
| Suppliers | 440/4 | €227,703 | €245,679 | +€17,976 | +7.9% |
| Taxes, remuneration and social security | 45 | €176,142 | €188,858 | +€12,716 | +7.2% |
| Taxes | 450/3 | €78,966 | €61,931 | -€17,035 | -21.6% |
| Remuneration and social security | 454/9 | €97,176 | €126,927 | +€29,750 | +30.6% |
| Other amounts payable | 47/48 | - | €300,058 | +€300,058 | |
| Turnover | 70 | €2,132,208 | €2,572,068 | +€439,859 | +20.6% |
| Goods, raw materials, services and sundry goods | 60/61 | €1,209,867 | €1,183,988 | -€25,879 | -2.1% |
| Remuneration, social security and pensions | 62 | €618,949 | €793,780 | +€174,831 | +28.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,360 | €3,189 | -€2,171 | -40.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €2,360 | +€2,360 | |
| Other operating charges | 640/8 | €456 | €1,269 | +€813 | +178.5% |
| Gross operating margin | 9900 | €924,687 | €1,393,073 | +€468,386 | +50.7% |
| Operating profit (loss) | 9901 | €299,922 | €592,475 | +€292,554 | +97.5% |
| Financial income | 75/76B | €495 | €580 | +€85 | +17.3% |
| Recurring financial income | 75 | €495 | €580 | +€85 | +17.3% |
| Financial charges | 65/66B | €3,106 | €2,416 | -€690 | -22.2% |
| Recurring financial charges | 65 | €3,106 | €2,416 | -€690 | -22.2% |
| Profit (loss) for the period before taxes | 9903 | €297,311 | €590,640 | +€293,329 | +98.7% |
| Income taxes | 67/77 | €80,000 | €154,925 | +€74,925 | +93.7% |
| Profit (loss) for the period | 9904 | €217,311 | €435,715 | +€218,404 | +100.5% |
| Profit (loss) for the period to be appropriated | 9905 | €217,311 | €435,715 | +€218,404 | +100.5% |
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 12 October 2026 via checked.be.