eFluenz: what changed
eFluenz
Largest movements
- Cash -€119,324
down €119,324 (-14.8%), from €805,781 to €686,457
mainly Contributions, distributions and other (-€800,000) and Receivables within one year (-€69,524)
- Receivables within one year +€69,524
up €69,524 (+16.9%), from €411,325 to €480,849
of which Trade receivables: +€52,217
- Deferred charges and accrued income +€16,863
up €16,863 (+757%), from €2,226 to €19,089
- Reserves -€364,285
down €364,285 (-54.0%), from €674,865 to €310,579
of which Distributable reserves: -€364,285
- Other debts +€300,058
new in 2025: €300,058
- Trade debts +€17,976
up €17,976 (+7.9%), from €227,703 to €245,679
- Tax, wage and social debts +€12,716
up €12,716 (+7.2%), from €176,142 to €188,858
of which Remuneration and social security: +€29,750
- Gross operating margin +€468,386
up €468,386 (+50.7%), from €924,687 to €1.4m
- Turnover +€439,859
up €439,859 (+20.6%), from €2.1m to €2.6m
- Staff costs +€174,831
up €174,831 (+28.2%), from €618,949 to €793,780
- Taxes +€74,925
up €74,925 (+93.7%), from €80,000 to €154,925
- Purchases and services -€25,879
down €25,879 (-2.1%), from €1.2m to €1.2m
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,222,310 | €1,188,775 | -€33,535 | -2.7% |
| Fixed assets | 21/28 | €2,978 | €2,379 | -€598 | -20.1% |
| Tangible fixed assets | 22/27 | €2,978 | €2,286 | -€691 | -23.2% |
| Furniture and vehicles | 24 | €2,978 | €2,286 | -€691 | -23.2% |
| Financial fixed assets | 28 | - | €93 | +€93 | |
| Current assets | 29/58 | €1,219,332 | €1,186,395 | -€32,937 | -2.7% |
| Amounts receivable within one year | 40/41 | €411,325 | €480,849 | +€69,524 | +16.9% |
| Trade receivables | 40 | €404,325 | €456,542 | +€52,217 | +12.9% |
| Other amounts receivable | 41 | €7,000 | €24,307 | +€17,307 | +247% |
| Cash at bank and in hand | 54/58 | €805,781 | €686,457 | -€119,324 | -14.8% |
| Deferred charges and accrued income | 490/1 | €2,226 | €19,089 | +€16,863 | +757% |
| Total equity and liabilities | 10/49 | €1,222,310 | €1,188,775 | -€33,535 | -2.7% |
| Equity | 10/15 | €818,465 | €454,179 | -€364,285 | -44.5% |
| Contributions | 10/11 | €143,600 | €143,600 | = | 0.0% |
| Capital | 10 | €143,600 | €143,600 | = | 0.0% |
| Issued capital | 100 | €143,600 | €143,600 | = | 0.0% |
| Reserves | 13 | €674,865 | €310,579 | -€364,285 | -54.0% |
| Non-distributable reserves | 130/1 | €14,360 | €14,360 | = | 0.0% |
| Legal reserve | 130 | €14,360 | €14,360 | = | 0.0% |
| Distributable reserves | 133 | €660,505 | €296,219 | -€364,285 | -55.2% |
| Amounts payable | 17/49 | €403,845 | €734,595 | +€330,750 | +81.9% |
| Amounts payable within one year | 42/48 | €403,845 | €734,595 | +€330,750 | +81.9% |
| Trade debts | 44 | €227,703 | €245,679 | +€17,976 | +7.9% |
| Suppliers | 440/4 | €227,703 | €245,679 | +€17,976 | +7.9% |
| Taxes, remuneration and social security | 45 | €176,142 | €188,858 | +€12,716 | +7.2% |
| Taxes | 450/3 | €78,966 | €61,931 | -€17,035 | -21.6% |
| Remuneration and social security | 454/9 | €97,176 | €126,927 | +€29,750 | +30.6% |
| Other amounts payable | 47/48 | - | €300,058 | +€300,058 | |
| Turnover | 70 | €2,132,208 | €2,572,068 | +€439,859 | +20.6% |
| Goods, raw materials, services and sundry goods | 60/61 | €1,209,867 | €1,183,988 | -€25,879 | -2.1% |
| Remuneration, social security and pensions | 62 | €618,949 | €793,780 | +€174,831 | +28.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,360 | €3,189 | -€2,171 | -40.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €2,360 | +€2,360 | |
| Other operating charges | 640/8 | €456 | €1,269 | +€813 | +178% |
| Gross operating margin | 9900 | €924,687 | €1,393,073 | +€468,386 | +50.7% |
| Operating profit (loss) | 9901 | €299,922 | €592,475 | +€292,554 | +97.5% |
| Financial income | 75/76B | €495 | €580 | +€85 | +17.3% |
| Recurring financial income | 75 | €495 | €580 | +€85 | +17.3% |
| Financial charges | 65/66B | €3,106 | €2,416 | -€690 | -22.2% |
| Recurring financial charges | 65 | €3,106 | €2,416 | -€690 | -22.2% |
| Profit (loss) for the period before taxes | 9903 | €297,311 | €590,640 | +€293,329 | +98.7% |
| Income taxes | 67/77 | €80,000 | €154,925 | +€74,925 | +93.7% |
| Profit (loss) for the period | 9904 | €217,311 | €435,715 | +€218,404 | +101% |
| Profit (loss) for the period to be appropriated | 9905 | €217,311 | €435,715 | +€218,404 | +101% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.