Consult EMD: 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.
Consult EMD
Largest movements
- Cash +€784
up €784 (+3611.0%), from €22 to €806
mainly Net result for the year (+€14,585)
- Profit (loss) carried forward +€14,585
up €14,585 (+7.5%), from -€194,881 to -€180,295
- Other debts -€13,801
down €13,801 (-7.7%), from €178,303 to €164,502
No income-statement line moved by more than 1% of the activity.
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 | €2,022 | €2,806 | +€784 | +38.8% |
| Current assets | 29/58 | €2,022 | €2,806 | +€784 | +38.8% |
| Amounts receivable within one year | 40/41 | €2,000 | €2,000 | = | 0.0% |
| Trade receivables | 40 | €2,000 | €2,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €22 | €806 | +€784 | +3611.0% |
| Total equity and liabilities | 10/49 | €2,022 | €2,806 | +€784 | +38.8% |
| Equity | 10/15 | -€176,281 | -€161,695 | +€14,585 | +8.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€194,881 | -€180,295 | +€14,585 | +7.5% |
| Amounts payable | 17/49 | €178,303 | €164,502 | -€13,801 | -7.7% |
| Amounts payable within one year | 42/48 | €178,303 | €164,502 | -€13,801 | -7.7% |
| Other amounts payable | 47/48 | €178,303 | €164,502 | -€13,801 | -7.7% |
| Gross operating margin | 9900 | €14,801 | €14,735 | -€66 | -0.4% |
| Operating profit (loss) | 9901 | €14,801 | €14,735 | -€66 | -0.4% |
| Financial charges | 65/66B | €135 | €150 | +€15 | +11.1% |
| Recurring financial charges | 65 | €135 | €150 | +€15 | +11.1% |
| Profit (loss) for the period before taxes | 9903 | €14,666 | €14,585 | -€81 | -0.6% |
| Profit (loss) for the period | 9904 | €14,666 | €14,585 | -€81 | -0.6% |
| Profit (loss) for the period to be appropriated | 9905 | €14,666 | €14,585 | -€81 | -0.6% |
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.