Skip to content

EFPLUS: what changed

Two fiscal 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.

What changed

EFPLUS

BE 0429.617.750
NACE 43.222, Installation of electric heating, air conditioning, cooling and ventilation
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€6,626
2024 · -€2,030+€8,655
Equity
€28,750
2024 · €22,124+€6,626
Cash
€37,135
2024 · €1,423+€35,712
Balance sheet total
€62,579
2024 · €24,672+€37,907

Largest movements

2024 to 2025
Assets
  • Cash +€35,712

    up €35,712 (+2509.6%), from €1,423 to €37,135

    mainly Trade debts (+€23,741) and Other debts (+€7,072)

  • Stocks and contracts +€6,698

    new in 2025: €6,698

  • Intangible fixed assets -€2,500

    down €2,500 (-100.0%), from €2,500 to €0

  • Receivables within one year -€2,003

    down €2,003 (-9.7%), from €20,700 to €18,697

    of which Trade receivables: -€2,129

Equity and liabilities
  • Trade debts +€23,741

    up €23,741 (+2876.3%), from €825 to €24,566

  • Other debts +€7,072

    up €7,072 (+471.5%), from €1,500 to €8,572

  • Profit (loss) carried forward +€6,626

    up €6,626 (+27.9%), from -€23,730 to -€17,104

Income statement
  • Gross operating margin +€8,700

    up €8,700 (+1378.3%), from €631 to €9,331

  • Other operating charges +€100

    up €100, from €0 to €100

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 -€2,030
Gross operating margin +€8,700
Other operating charges -€100
Financial charges +€55
Result 2025 €6,626

Cash bridge derived

cash 2024 to 2025

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.

From operations +€35,712
Investment €0
Financing €0
Cash 2024 €1,423
Net result for the year +€6,626
Depreciation +€2,500
Stocks and contracts -€6,698
Receivables within one year +€2,003
Trade debts +€23,741
Tax, wage and social debts +€469
Other debts +€7,072
Cash 2025 €37,135
Every line side by side 34 lines
Line Code 2024 2025 Change %
Total assets 20/58 €24,672 €62,579 +€37,907 +153.6%
Formation expenses 20 €0 €0 =
Fixed assets 21/28 €2,550 €50 -€2,500 -98.1%
Intangible fixed assets 21 €2,500 €0 -€2,500 -100.0%
Financial fixed assets 28 €50 €50 = 0.0%
Current assets 29/58 €22,123 €62,530 +€40,407 +182.7%
Stocks and contracts in progress 3 - €6,698 +€6,698
Stocks 30/36 - €6,698 +€6,698
Amounts receivable within one year 40/41 €20,700 €18,697 -€2,003 -9.7%
Trade receivables 40 €4,116 €1,987 -€2,129 -51.7%
Other amounts receivable 41 €16,583 €16,709 +€126 +0.8%
Cash at bank and in hand 54/58 €1,423 €37,135 +€35,712 +2509.6%
Total equity and liabilities 10/49 €24,672 €62,579 +€37,907 +153.6%
Equity 10/15 €22,124 €28,750 +€6,626 +29.9%
Contributions 10/11 €18,080 €18,080 = 0.0%
Reserves 13 €27,773 €27,773 = 0.0%
Distributable reserves 133 €27,773 €27,773 = 0.0%
Profit (loss) carried forward 14 -€23,730 -€17,104 +€6,626 +27.9%
Amounts payable 17/49 €2,548 €33,830 +€31,281 +1227.5%
Amounts payable within one year 42/48 €2,548 €33,830 +€31,281 +1227.5%
Trade debts 44 €825 €24,566 +€23,741 +2876.3%
Suppliers 440/4 €825 €24,566 +€23,741 +2876.3%
Taxes, remuneration and social security 45 €223 €691 +€469 +210.1%
Taxes 450/3 €223 €691 +€469 +210.1%
Other amounts payable 47/48 €1,500 €8,572 +€7,072 +471.5%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €2,500 €2,500 = 0.0%
Other operating charges 640/8 €0 €100 +€100
Gross operating margin 9900 €631 €9,331 +€8,700 +1378.3%
Operating profit (loss) 9901 -€1,869 €6,731 +€8,600
Financial charges 65/66B €161 €106 -€55 -34.4%
Recurring financial charges 65 €161 €106 -€55 -34.4%
Profit (loss) for the period before taxes 9903 -€2,030 €6,626 +€8,655
Profit (loss) for the period 9904 -€2,030 €6,626 +€8,655
Profit (loss) for the period to be appropriated 9905 -€2,030 €6,626 +€8,655

Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.