EB Efficiency: what changed
EB Efficiency
Largest movements
- Current investments -€50,000
down €50,000 (-100%), from €50,000 to €0
- Receivables within one year -€45,318
down €45,318 (-94.6%), from €47,898 to €2,581
of which Trade receivables: -€25,380
- Cash +€22,189
up €22,189 (+139%), from €15,911 to €38,100
mainly Current investments (+€50,000) and Receivables within one year (+€45,318)
- Tangible fixed assets -€8,422
down €8,422 (-84.9%), from €9,915 to €1,493
of which Furniture and vehicles: -€8,300
- Other debts -€59,748
down €59,748 (-59.7%), from €100,000 to €40,252
- Profit (loss) carried forward -€11,176
down €11,176 (-100%), from €11,176 to €0
- Tax, wage and social debts -€9,355
down €9,355 (-97.3%), from €9,617 to €262
- Current portion of long-term debt -€1,735
down €1,735 (-100%), from €1,735 to €0
- Gross operating margin -€90,525
down €90,525 (-84.5%), from €107,190 to €16,665
- Taxes -€17,531
down €17,531 (-81.7%), from €21,463 to €3,933
- Financial income -€1,336
down €1,336 (-59.0%), from €2,267 to €930
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 | €126,902 | €45,259 | -€81,643 | -64.3% |
| Fixed assets | 21/28 | €9,915 | €1,493 | -€8,422 | -84.9% |
| Tangible fixed assets | 22/27 | €9,915 | €1,493 | -€8,422 | -84.9% |
| Plant, machinery and equipment | 23 | €122 | €0 | -€122 | -100% |
| Furniture and vehicles | 24 | €9,793 | €1,493 | -€8,300 | -84.8% |
| Current assets | 29/58 | €116,987 | €43,766 | -€73,221 | -62.6% |
| Amounts receivable within one year | 40/41 | €47,898 | €2,581 | -€45,318 | -94.6% |
| Trade receivables | 40 | €25,380 | €0 | -€25,380 | -100% |
| Other amounts receivable | 41 | €22,518 | €2,581 | -€19,938 | -88.5% |
| Current investments | 50/53 | €50,000 | €0 | -€50,000 | -100% |
| Cash at bank and in hand | 54/58 | €15,911 | €38,100 | +€22,189 | +139% |
| Deferred charges and accrued income | 490/1 | €3,178 | €3,086 | -€92 | -2.9% |
| Total equity and liabilities | 10/49 | €126,902 | €45,259 | -€81,643 | -64.3% |
| Equity | 10/15 | €14,176 | €3,000 | -€11,176 | -78.8% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €11,176 | €0 | -€11,176 | -100% |
| Amounts payable | 17/49 | €112,727 | €42,259 | -€70,468 | -62.5% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €112,727 | €42,259 | -€70,468 | -62.5% |
| Current portion of amounts payable after more than one year | 42 | €1,735 | €0 | -€1,735 | -100% |
| Trade debts | 44 | €1,374 | €1,745 | +€371 | +27.0% |
| Suppliers | 440/4 | €1,374 | €1,745 | +€371 | +27.0% |
| Taxes, remuneration and social security | 45 | €9,617 | €262 | -€9,355 | -97.3% |
| Taxes | 450/3 | €9,617 | €262 | -€9,355 | -97.3% |
| Other amounts payable | 47/48 | €100,000 | €40,252 | -€59,748 | -59.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,785 | €8,422 | -€363 | -4.1% |
| Other operating charges | 640/8 | €842 | €880 | +€38 | +4.5% |
| Gross operating margin | 9900 | €107,190 | €16,665 | -€90,525 | -84.5% |
| Operating profit (loss) | 9901 | €97,564 | €7,363 | -€90,201 | -92.5% |
| Financial income | 75/76B | €2,267 | €930 | -€1,336 | -59.0% |
| Recurring financial income | 75 | €2,267 | €930 | -€1,336 | -59.0% |
| Financial charges | 65/66B | €140 | €140 | +€0 | 0.0% |
| Recurring financial charges | 65 | €140 | €140 | +€0 | 0.0% |
| Profit (loss) for the period before taxes | 9903 | €99,690 | €8,153 | -€91,537 | -91.8% |
| Income taxes | 67/77 | €21,463 | €3,933 | -€17,531 | -81.7% |
| Profit (loss) for the period | 9904 | €78,227 | €4,221 | -€74,006 | -94.6% |
| Profit (loss) for the period to be appropriated | 9905 | €78,227 | €4,221 | -€74,006 | -94.6% |
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 5 November 2026 via checked.be.