EFVEN: 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.
EFVEN
Largest movements
- Cash -€12,182
down €12,182 (-45.3%), from €26,882 to €14,700
mainly Tax, wage and social debts (-€4,690) and Receivables within one year (-€3,850)
- Receivables within one year +€3,850
up €3,850 (+21.5%), from €17,878 to €21,727
of which Other amounts receivable: +€4,273
- Tangible fixed assets -€569
down €569 (-17.6%), from €3,230 to €2,661
- Tax, wage and social debts -€4,690
no longer reported in 2023 (was €4,690)
- Profit (loss) carried forward -€3,698
down €3,698 (-12.0%), from €30,810 to €27,112
- Taxes -€9,915
down €9,915, from €9,293 to -€622
- Gross operating margin +€705
up €705 (+15.8%), from -€4,468 to -€3,763
- Financial charges -€57
down €57, from €45 to -€12
From the 2022 result to the 2023 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 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €47,989 | €39,231 | -€8,758 | -18.2% |
| Fixed assets | 21/28 | €3,230 | €2,661 | -€569 | -17.6% |
| Tangible fixed assets | 22/27 | €3,230 | €2,661 | -€569 | -17.6% |
| Furniture and vehicles | 24 | €3,230 | €2,661 | -€569 | -17.6% |
| Current assets | 29/58 | €44,759 | €36,571 | -€8,189 | -18.3% |
| Amounts receivable within one year | 40/41 | €17,878 | €21,727 | +€3,850 | +21.5% |
| Trade receivables | 40 | €423 | - | -€423 | |
| Other amounts receivable | 41 | €17,454 | €21,727 | +€4,273 | +24.5% |
| Cash at bank and in hand | 54/58 | €26,882 | €14,700 | -€12,182 | -45.3% |
| Deferred charges and accrued income | 490/1 | - | €144 | +€144 | |
| Total equity and liabilities | 10/49 | €47,989 | €39,231 | -€8,758 | -18.2% |
| Equity | 10/15 | €42,710 | €39,012 | -€3,698 | -8.7% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €8,900 | €8,900 | = | 0.0% |
| Distributable reserves | 133 | €8,900 | €8,900 | = | 0.0% |
| Profit (loss) carried forward | 14 | €30,810 | €27,112 | -€3,698 | -12.0% |
| Amounts payable | 17/49 | €5,279 | €219 | -€5,060 | -95.8% |
| Amounts payable within one year | 42/48 | €5,279 | €219 | -€5,060 | -95.8% |
| Trade debts | 44 | €589 | €219 | -€370 | -62.8% |
| Suppliers | 440/4 | €589 | €219 | -€370 | -62.8% |
| Taxes, remuneration and social security | 45 | €4,690 | - | -€4,690 | |
| Taxes | 450/3 | €4,690 | - | -€4,690 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €569 | €569 | = | 0.0% |
| Gross operating margin | 9900 | -€4,468 | -€3,763 | +€705 | +15.8% |
| Operating profit (loss) | 9901 | -€5,037 | -€4,332 | +€705 | +14.0% |
| Financial charges | 65/66B | €45 | -€12 | -€57 | |
| Recurring financial charges | 65 | €45 | -€12 | -€57 | |
| Profit (loss) for the period before taxes | 9903 | -€5,082 | -€4,320 | +€762 | +15.0% |
| Income taxes | 67/77 | €9,293 | -€622 | -€9,915 | |
| Profit (loss) for the period | 9904 | -€14,375 | -€3,698 | +€10,677 | +74.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€14,375 | -€3,698 | +€10,677 | +74.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.