ABU EMC: 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.
ABU EMC
Largest movements
- Receivables within one year +€30,284
up €30,284 (+232.9%), from €13,005 to €43,289
of which Trade receivables: +€16,001
- Tangible fixed assets +€4,712
new in 2025: €4,712
of which Other tangible fixed assets: +€3,764
- Deferred charges and accrued income +€1,729
up €1,729 (+1163.2%), from €149 to €1,878
- Reserves +€32,821
up €32,821 (+271.9%), from €12,070 to €44,892
- Trade debts +€10,469
up €10,469 (+588.2%), from €1,780 to €12,249
- Tax, wage and social debts -€6,431
down €6,431 (-54.6%), from €11,778 to €5,347
- Gross operating margin +€27,976
up €27,976 (+182.0%), from €15,375 to €43,351
- Taxes +€6,236
up €6,236 (+194.8%), from €3,202 to €9,438
- Other operating charges +€592
up €592 (+928.6%), from €64 to €656
- Depreciation +€563
new in 2025: €563
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 | €29,189 | €65,496 | +€36,307 | +124.4% |
| Fixed assets | 21/28 | - | €4,712 | +€4,712 | |
| Tangible fixed assets | 22/27 | - | €4,712 | +€4,712 | |
| Furniture and vehicles | 24 | - | €948 | +€948 | |
| Other tangible fixed assets | 26 | - | €3,764 | +€3,764 | |
| Current assets | 29/58 | €29,189 | €60,785 | +€31,596 | +108.2% |
| Amounts receivable within one year | 40/41 | €13,005 | €43,289 | +€30,284 | +232.9% |
| Trade receivables | 40 | €13,005 | €29,006 | +€16,001 | +123.0% |
| Other amounts receivable | 41 | - | €14,283 | +€14,283 | |
| Cash at bank and in hand | 54/58 | €16,035 | €15,618 | -€417 | -2.6% |
| Deferred charges and accrued income | 490/1 | €149 | €1,878 | +€1,729 | +1163.2% |
| Total equity and liabilities | 10/49 | €29,189 | €65,496 | +€36,307 | +124.4% |
| Equity | 10/15 | €15,070 | €47,892 | +€32,821 | +217.8% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €12,070 | €44,892 | +€32,821 | +271.9% |
| Distributable reserves | 133 | €12,070 | €44,892 | +€32,821 | +271.9% |
| Amounts payable | 17/49 | €14,119 | €17,605 | +€3,486 | +24.7% |
| Amounts payable within one year | 42/48 | €13,712 | €17,596 | +€3,884 | +28.3% |
| Trade debts | 44 | €1,780 | €12,249 | +€10,469 | +588.2% |
| Suppliers | 440/4 | €1,780 | €12,249 | +€10,469 | +588.2% |
| Taxes, remuneration and social security | 45 | €11,778 | €5,347 | -€6,431 | -54.6% |
| Taxes | 450/3 | €11,778 | €5,347 | -€6,431 | -54.6% |
| Other amounts payable | 47/48 | €154 | €0 | -€154 | -100.0% |
| Accrued charges and deferred income | 492/3 | €407 | €9 | -€398 | -97.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €563 | +€563 | |
| Other operating charges | 640/8 | €64 | €656 | +€592 | +928.6% |
| Gross operating margin | 9900 | €15,375 | €43,351 | +€27,976 | +182.0% |
| Operating profit (loss) | 9901 | €15,311 | €42,131 | +€26,820 | +175.2% |
| Financial income | 75/76B | - | €272 | +€272 | |
| Recurring financial income | 75 | - | €272 | +€272 | |
| Financial charges | 65/66B | €39 | €144 | +€105 | +266.4% |
| Recurring financial charges | 65 | €39 | €144 | +€105 | +266.4% |
| Profit (loss) for the period before taxes | 9903 | €15,272 | €42,259 | +€26,987 | +176.7% |
| Income taxes | 67/77 | €3,202 | €9,438 | +€6,236 | +194.8% |
| Profit (loss) for the period | 9904 | €12,070 | €32,821 | +€20,751 | +171.9% |
| Profit (loss) for the period to be appropriated | 9905 | €12,070 | €32,821 | +€20,751 | +171.9% |
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 4 October 2026 via checked.be.