EFTC SERVICES: 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.
EFTC SERVICES
Largest movements
- Cash +€150,351
up €150,351 (+94.8%), from €158,588 to €308,938
mainly Net result for the year (+€117,659) and Tax, wage and social debts (+€32,600)
- Profit (loss) carried forward +€117,659
up €117,659 (+91.0%), from €129,361 to €247,020
- Tax, wage and social debts +€32,600
up €32,600 (+71.8%), from €45,430 to €78,030
- Turnover -€172,800
no longer reported in 2024 (was €172,800)
- Gross operating margin -€15,534
down €15,534 (-9.3%), from €166,230 to €150,696
- Purchases and services -€6,570
no longer reported in 2024 (was €6,570)
- Taxes -€3,900
down €3,900 (-10.7%), from €36,500 to €32,600
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €179,791 | €330,050 | +€150,259 | +83.6% |
| Current assets | 29/58 | €179,791 | €330,050 | +€150,259 | +83.6% |
| Amounts receivable within one year | 40/41 | €21,204 | €21,112 | -€92 | -0.4% |
| Trade receivables | 40 | €17,566 | €17,424 | -€142 | -0.8% |
| Other amounts receivable | 41 | €3,638 | €3,688 | +€50 | +1.4% |
| Cash at bank and in hand | 54/58 | €158,588 | €308,938 | +€150,351 | +94.8% |
| Total equity and liabilities | 10/49 | €179,791 | €330,050 | +€150,259 | +83.6% |
| Equity | 10/15 | €134,361 | €252,020 | +€117,659 | +87.6% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Outside capital | 11 | €5,000 | €5,000 | = | 0.0% |
| Other | 1109/19 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €129,361 | €247,020 | +€117,659 | +91.0% |
| Amounts payable | 17/49 | €45,430 | €78,030 | +€32,600 | +71.8% |
| Amounts payable within one year | 42/48 | €45,430 | €78,030 | +€32,600 | +71.8% |
| Taxes, remuneration and social security | 45 | €45,430 | €78,030 | +€32,600 | +71.8% |
| Taxes | 450/3 | €45,430 | €78,030 | +€32,600 | +71.8% |
| Turnover | 70 | €172,800 | - | -€172,800 | |
| Goods, raw materials, services and sundry goods | 60/61 | €6,570 | - | -€6,570 | |
| Other operating charges | 640/8 | €355 | €394 | +€39 | +11.1% |
| Gross operating margin | 9900 | €166,230 | €150,696 | -€15,534 | -9.3% |
| Operating profit (loss) | 9901 | €165,875 | €150,301 | -€15,573 | -9.4% |
| Financial charges | 65/66B | €14 | €43 | +€29 | +215.5% |
| Recurring financial charges | 65 | €14 | €43 | +€29 | +215.5% |
| Profit (loss) for the period before taxes | 9903 | €165,861 | €150,259 | -€15,602 | -9.4% |
| Income taxes | 67/77 | €36,500 | €32,600 | -€3,900 | -10.7% |
| Profit (loss) for the period | 9904 | €129,361 | €117,659 | -€11,702 | -9.0% |
| Profit (loss) for the period to be appropriated | 9905 | €129,361 | €117,659 | -€11,702 | -9.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.