A.E.M.B.: 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.
A.E.M.B.
Largest movements
- Cash +€12,525
up €12,525 (+345.2%), from €3,628 to €16,153
mainly Net result for the year (+€12,701) and Tax, wage and social debts (+€8,518)
- Stocks and contracts +€6,638
new in 2025: €6,638
- Receivables within one year +€4,907
new in 2025: €4,907
- Financial fixed assets +€3,170
up €3,170 (+35.2%), from €9,000 to €12,170
- Tangible fixed assets -€2,149
down €2,149 (-25.7%), from €8,375 to €6,225
of which Furniture and vehicles: -€3,333
- Profit (loss) carried forward +€12,701
up €12,701, from -€8,428 to €4,273
- Tax, wage and social debts +€8,518
new in 2025: €8,518
of which Remuneration and social security: +€5,000
- Other debts +€2,706
up €2,706 (+8.4%), from €32,107 to €34,814
- Trade debts +€1,165
new in 2025: €1,165
- Gross operating margin +€19,174
up €19,174, from -€2,500 to €16,674
- Depreciation +€2,024
up €2,024 (+124.5%), from €1,625 to €3,649
- Other operating charges +€276
new in 2025: €276
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 | €23,679 | €48,769 | +€25,090 | +106.0% |
| Fixed assets | 21/28 | €17,375 | €18,395 | +€1,021 | +5.9% |
| Tangible fixed assets | 22/27 | €8,375 | €6,225 | -€2,149 | -25.7% |
| Plant, machinery and equipment | 23 | - | €1,184 | +€1,184 | |
| Furniture and vehicles | 24 | €8,375 | €5,042 | -€3,333 | -39.8% |
| Financial fixed assets | 28 | €9,000 | €12,170 | +€3,170 | +35.2% |
| Current assets | 29/58 | €6,305 | €30,374 | +€24,070 | +381.8% |
| Stocks and contracts in progress | 3 | - | €6,638 | +€6,638 | |
| Stocks | 30/36 | - | €6,638 | +€6,638 | |
| Amounts receivable within one year | 40/41 | - | €4,907 | +€4,907 | |
| Trade receivables | 40 | - | €4,907 | +€4,907 | |
| Cash at bank and in hand | 54/58 | €3,628 | €16,153 | +€12,525 | +345.2% |
| Deferred charges and accrued income | 490/1 | €2,676 | €2,676 | = | 0.0% |
| Total equity and liabilities | 10/49 | €23,679 | €48,769 | +€25,090 | +106.0% |
| Equity | 10/15 | -€8,428 | €4,273 | +€12,701 | |
| Contributions | 10/11 | €0 | - | = | |
| Profit (loss) carried forward | 14 | -€8,428 | €4,273 | +€12,701 | |
| Amounts payable | 17/49 | €32,107 | €44,496 | +€12,389 | +38.6% |
| Amounts payable within one year | 42/48 | €32,107 | €44,496 | +€12,389 | +38.6% |
| Trade debts | 44 | - | €1,165 | +€1,165 | |
| Suppliers | 440/4 | - | €1,165 | +€1,165 | |
| Taxes, remuneration and social security | 45 | - | €8,518 | +€8,518 | |
| Taxes | 450/3 | - | €3,518 | +€3,518 | |
| Remuneration and social security | 454/9 | - | €5,000 | +€5,000 | |
| Other amounts payable | 47/48 | €32,107 | €34,814 | +€2,706 | +8.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,625 | €3,649 | +€2,024 | +124.5% |
| Other operating charges | 640/8 | - | €276 | +€276 | |
| Gross operating margin | 9900 | -€2,500 | €16,674 | +€19,174 | |
| Operating profit (loss) | 9901 | -€4,125 | €12,748 | +€16,874 | |
| Financial charges | 65/66B | €57 | €47 | -€10 | -17.2% |
| Recurring financial charges | 65 | €57 | €47 | -€10 | -17.2% |
| Profit (loss) for the period before taxes | 9903 | -€4,182 | €12,701 | +€16,883 | |
| Profit (loss) for the period | 9904 | -€4,182 | €12,701 | +€16,883 | |
| Profit (loss) for the period to be appropriated | 9905 | -€4,182 | €12,701 | +€16,883 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.