Efralog: 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.
Efralog
Largest movements
- Deferred charges and accrued income +€1,074
new in 2025: €1,074
- Tangible fixed assets +€862
up €862 (+105.5%), from €817 to €1,679
of which Furniture and vehicles: +€744
- Receivables within one year +€383
up €383 (+4.2%), from €9,029 to €9,412
- Trade debts +€3,263
up €3,263 (+664.8%), from €491 to €3,754
- Other debts -€922
down €922 (-96.5%), from €956 to €34
- Gross operating margin -€15,522
down €15,522 (-80.5%), from €19,288 to €3,766
- Taxes -€3,355
down €3,355 (-91.1%), from €3,681 to €326
- Financial charges +€1,506
up €1,506 (+143.1%), from €1,052 to €2,559
- Depreciation +€388
up €388 (+102.3%), from €379 to €767
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 | €30,602 | €32,822 | +€2,220 | +7.3% |
| Fixed assets | 21/28 | €1,317 | €2,179 | +€862 | +65.5% |
| Tangible fixed assets | 22/27 | €817 | €1,679 | +€862 | +105.5% |
| Plant, machinery and equipment | 23 | €817 | €935 | +€118 | +14.5% |
| Furniture and vehicles | 24 | - | €744 | +€744 | |
| Financial fixed assets | 28 | €500 | €500 | = | 0.0% |
| Current assets | 29/58 | €29,285 | €30,643 | +€1,358 | +4.6% |
| Amounts receivable within one year | 40/41 | €9,029 | €9,412 | +€383 | +4.2% |
| Trade receivables | 40 | €9,029 | €9,412 | +€383 | +4.2% |
| Cash at bank and in hand | 54/58 | €20,256 | €20,157 | -€100 | -0.5% |
| Deferred charges and accrued income | 490/1 | - | €1,074 | +€1,074 | |
| Total equity and liabilities | 10/49 | €30,602 | €32,822 | +€2,220 | +7.3% |
| Equity | 10/15 | €22,968 | €22,975 | +€7 | 0.0% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €19,968 | €19,975 | +€7 | 0.0% |
| Distributable reserves | 133 | €19,968 | €19,975 | +€7 | 0.0% |
| Amounts payable | 17/49 | €7,634 | €9,847 | +€2,213 | +29.0% |
| Amounts payable within one year | 42/48 | €7,634 | €9,847 | +€2,213 | +29.0% |
| Trade debts | 44 | €491 | €3,754 | +€3,263 | +664.8% |
| Suppliers | 440/4 | €491 | €3,754 | +€3,263 | +664.8% |
| Taxes, remuneration and social security | 45 | €6,187 | €6,059 | -€128 | -2.1% |
| Taxes | 450/3 | €6,187 | €6,059 | -€128 | -2.1% |
| Other amounts payable | 47/48 | €956 | €34 | -€922 | -96.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €379 | €767 | +€388 | +102.3% |
| Other operating charges | 640/8 | €118 | €120 | +€2 | +1.7% |
| Gross operating margin | 9900 | €19,288 | €3,766 | -€15,522 | -80.5% |
| Operating profit (loss) | 9901 | €18,791 | €2,880 | -€15,911 | -84.7% |
| Financial income | 75/76B | - | €12 | +€12 | |
| Recurring financial income | 75 | - | €12 | +€12 | |
| Financial charges | 65/66B | €1,052 | €2,559 | +€1,506 | +143.1% |
| Recurring financial charges | 65 | €1,052 | €2,559 | +€1,506 | +143.1% |
| Profit (loss) for the period before taxes | 9903 | €17,738 | €333 | -€17,406 | -98.1% |
| Income taxes | 67/77 | €3,681 | €326 | -€3,355 | -91.1% |
| Profit (loss) for the period | 9904 | €14,058 | €7 | -€14,051 | -100.0% |
| Profit (loss) for the period to be appropriated | 9905 | €14,058 | €7 | -€14,051 | -100.0% |
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 9 October 2026 via checked.be.