eFLUX: 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.
eFLUX
Largest movements
- Cash -€307,721
down €307,721 (-62.0%), from €496,665 to €188,944
mainly Other debts (-€504,646) and Contributions, distributions and other (-€260,000)
- Receivables after one year -€200,000
down €200,000 (-100%), from €200,000 to €0
- Receivables within one year +€142,374
up €142,374 (+330%), from €43,088 to €185,463
of which Trade receivables: +€147,260
- Deferred charges and accrued income -€117,949
down €117,949 (-99.2%), from €118,898 to €949
- Tangible fixed assets +€10,643
up €10,643 (+47.9%), from €22,243 to €32,886
of which Furniture and vehicles: +€12,874
- Other debts -€504,646
down €504,646 (-62.7%), from €804,398 to €299,751
- Tax, wage and social debts +€32,764
up €32,764 (+144%), from €22,813 to €55,577
of which Taxes: +€21,764
- Gross operating margin +€83,579
up €83,579 (+31.0%), from €269,804 to €353,383
- Taxes +€17,582
up €17,582 (+27.4%), from €64,216 to €81,798
- Financial income -€9,182
down €9,182 (-100%), from €9,182 to €0
- Depreciation +€5,527
up €5,527 (+130%), from €4,266 to €9,793
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 | €880,895 | €408,242 | -€472,653 | -53.7% |
| Fixed assets | 21/28 | €22,243 | €32,886 | +€10,643 | +47.9% |
| Tangible fixed assets | 22/27 | €22,243 | €32,886 | +€10,643 | +47.9% |
| Land and buildings | 22 | €11,928 | €9,897 | -€2,031 | -17.0% |
| Plant, machinery and equipment | 23 | €1,484 | €1,284 | -€200 | -13.5% |
| Furniture and vehicles | 24 | €8,831 | €21,706 | +€12,874 | +146% |
| Current assets | 29/58 | €858,652 | €375,356 | -€483,296 | -56.3% |
| Amounts receivable after more than one year | 29 | €200,000 | €0 | -€200,000 | -100% |
| Other amounts receivable | 291 | €200,000 | €0 | -€200,000 | -100% |
| Amounts receivable within one year | 40/41 | €43,088 | €185,463 | +€142,374 | +330% |
| Trade receivables | 40 | €25,916 | €173,176 | +€147,260 | +568% |
| Other amounts receivable | 41 | €17,172 | €12,287 | -€4,885 | -28.4% |
| Cash at bank and in hand | 54/58 | €496,665 | €188,944 | -€307,721 | -62.0% |
| Deferred charges and accrued income | 490/1 | €118,898 | €949 | -€117,949 | -99.2% |
| Total equity and liabilities | 10/49 | €880,895 | €408,242 | -€472,653 | -53.7% |
| Equity | 10/15 | €45,972 | €46,337 | +€365 | +0.8% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €40,145 | €40,145 | = | 0.0% |
| Distributable reserves | 133 | €40,145 | €40,145 | = | 0.0% |
| Profit (loss) carried forward | 14 | €827 | €1,191 | +€365 | +44.1% |
| Amounts payable | 17/49 | €834,923 | €361,905 | -€473,017 | -56.7% |
| Amounts payable within one year | 42/48 | €831,448 | €358,431 | -€473,017 | -56.9% |
| Financial debts | 43 | €266 | €228 | -€38 | -14.4% |
| Credit institutions | 430/8 | €266 | €228 | -€38 | -14.4% |
| Trade debts | 44 | €3,972 | €2,875 | -€1,096 | -27.6% |
| Suppliers | 440/4 | €3,972 | €2,875 | -€1,096 | -27.6% |
| Taxes, remuneration and social security | 45 | €22,813 | €55,577 | +€32,764 | +144% |
| Taxes | 450/3 | €20,613 | €42,377 | +€21,764 | +106% |
| Remuneration and social security | 454/9 | €2,200 | €13,200 | +€11,000 | +500% |
| Other amounts payable | 47/48 | €804,398 | €299,751 | -€504,646 | -62.7% |
| Accrued charges and deferred income | 492/3 | €3,474 | €3,474 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,266 | €9,793 | +€5,527 | +130% |
| Other operating charges | 640/8 | €1,007 | €1,179 | +€172 | +17.0% |
| Gross operating margin | 9900 | €269,804 | €353,383 | +€83,579 | +31.0% |
| Operating profit (loss) | 9901 | €264,531 | €342,411 | +€77,881 | +29.4% |
| Financial income | 75/76B | €9,182 | €0 | -€9,182 | -100% |
| Recurring financial income | 75 | €9,182 | €0 | -€9,182 | -100% |
| Financial charges | 65/66B | €3,670 | €248 | -€3,422 | -93.2% |
| Recurring financial charges | 65 | €3,670 | €248 | -€3,422 | -93.2% |
| Profit (loss) for the period before taxes | 9903 | €270,043 | €342,163 | +€72,120 | +26.7% |
| Income taxes | 67/77 | €64,216 | €81,798 | +€17,582 | +27.4% |
| Profit (loss) for the period | 9904 | €205,827 | €260,365 | +€54,538 | +26.5% |
| Profit (loss) for the period to be appropriated | 9905 | €205,827 | €260,365 | +€54,538 | +26.5% |
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 13 October 2026 via checked.be.