CA EMBOURG: 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.
CA EMBOURG
Largest movements
- Tangible fixed assets -€15,095
down €15,095 (-26.0%), from €58,041 to €42,946
- Receivables within one year -€13,431
down €13,431 (-18.1%), from €74,228 to €60,797
of which Trade receivables: -€15,063
- Cash -€3,073
down €3,073 (-37.1%), from €8,288 to €5,215
mainly Trade debts (-€31,154) and Debts after one year (-€9,927)
- Stocks and contracts +€2,319
up €2,319 (+21.0%), from €11,046 to €13,365
- Trade debts -€31,154
down €31,154 (-70.2%), from €44,394 to €13,239
- Debts after one year -€9,927
down €9,927 (-18.3%), from €54,332 to €44,405
- Profit (loss) carried forward +€9,415
up €9,415 (+95.9%), from €9,821 to €19,235
- Tax, wage and social debts +€4,201
up €4,201 (+22.6%), from €18,625 to €22,826
of which Remuneration and social security: +€6,526
- Accrued charges and deferred income -€3,480
down €3,480 (-64.4%), from €5,400 to €1,920
- Gross operating margin +€36,668
up €36,668 (+27.5%), from €133,539 to €170,207
- Staff costs +€14,572
up €14,572 (+12.1%), from €120,601 to €135,173
- Depreciation +€3,876
up €3,876 (+34.5%), from €11,220 to €15,095
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 | €152,337 | €122,423 | -€29,914 | -19.6% |
| Fixed assets | 21/28 | €58,141 | €43,046 | -€15,095 | -26.0% |
| Tangible fixed assets | 22/27 | €58,041 | €42,946 | -€15,095 | -26.0% |
| Plant, machinery and equipment | 23 | €18,684 | €14,175 | -€4,509 | -24.1% |
| Furniture and vehicles | 24 | €19,274 | €13,243 | -€6,031 | -31.3% |
| Other tangible fixed assets | 26 | €20,084 | €15,528 | -€4,556 | -22.7% |
| Financial fixed assets | 28 | €100 | €100 | = | 0.0% |
| Current assets | 29/58 | €94,195 | €79,377 | -€14,818 | -15.7% |
| Stocks and contracts in progress | 3 | €11,046 | €13,365 | +€2,319 | +21.0% |
| Stocks | 30/36 | €11,046 | €13,365 | +€2,319 | +21.0% |
| Amounts receivable within one year | 40/41 | €74,228 | €60,797 | -€13,431 | -18.1% |
| Trade receivables | 40 | €31,335 | €16,272 | -€15,063 | -48.1% |
| Other amounts receivable | 41 | €42,893 | €44,525 | +€1,632 | +3.8% |
| Cash at bank and in hand | 54/58 | €8,288 | €5,215 | -€3,073 | -37.1% |
| Deferred charges and accrued income | 490/1 | €634 | - | -€634 | |
| Total equity and liabilities | 10/49 | €152,337 | €122,423 | -€29,914 | -19.6% |
| Equity | 10/15 | €17,881 | €27,295 | +€9,415 | +52.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €9,821 | €19,235 | +€9,415 | +95.9% |
| Amounts payable | 17/49 | €134,456 | €95,128 | -€39,328 | -29.2% |
| Amounts payable after more than one year | 17 | €54,332 | €44,405 | -€9,927 | -18.3% |
| Financial debts | 170/4 | €54,332 | €44,405 | -€9,927 | -18.3% |
| Amounts payable within one year | 42/48 | €74,723 | €48,802 | -€25,921 | -34.7% |
| Current portion of amounts payable after more than one year | 42 | €11,705 | €12,737 | +€1,032 | +8.8% |
| Trade debts | 44 | €44,394 | €13,239 | -€31,154 | -70.2% |
| Suppliers | 440/4 | €44,394 | €13,239 | -€31,154 | -70.2% |
| Taxes, remuneration and social security | 45 | €18,625 | €22,826 | +€4,201 | +22.6% |
| Taxes | 450/3 | €11,583 | €9,257 | -€2,325 | -20.1% |
| Remuneration and social security | 454/9 | €7,042 | €13,568 | +€6,526 | +92.7% |
| Accrued charges and deferred income | 492/3 | €5,400 | €1,920 | -€3,480 | -64.4% |
| Remuneration, social security and pensions | 62 | €120,601 | €135,173 | +€14,572 | +12.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,220 | €15,095 | +€3,876 | +34.5% |
| Other operating charges | 640/8 | €597 | €2,250 | +€1,653 | +276.7% |
| Non-recurring operating charges | 66A | €93 | €63 | -€30 | -31.9% |
| Gross operating margin | 9900 | €133,539 | €170,207 | +€36,668 | +27.5% |
| Operating profit (loss) | 9901 | €1,028 | €17,625 | +€16,597 | +1614.3% |
| Financial income | 75/76B | €803 | €1,182 | +€380 | +47.3% |
| Recurring financial income | 75 | €803 | €1,182 | +€380 | +47.3% |
| Financial charges | 65/66B | €8,503 | €9,054 | +€551 | +6.5% |
| Recurring financial charges | 65 | €8,503 | €9,054 | +€551 | +6.5% |
| Profit (loss) for the period before taxes | 9903 | -€6,673 | €9,753 | +€16,426 | |
| Income taxes | 67/77 | - | €339 | +€339 | |
| Profit (loss) for the period | 9904 | -€6,673 | €9,415 | +€16,087 | |
| Profit (loss) for the period to be appropriated | 9905 | -€6,673 | €9,415 | +€16,087 |
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 3 October 2026 via checked.be.