E.M. CONFECTION: what changed
Two financial 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.
E.M. CONFECTION
Largest movements
- Receivables within one year -€24,631
down €24,631 (-13.4%), from €184,070 to €159,439
of which Trade receivables: -€23,227
- Tangible fixed assets -€2,388
down €2,388 (-66.3%), from €3,603 to €1,215
- Trade debts -€39,594
down €39,594 (-46.3%), from €85,522 to €45,928
- Other debts +€14,476
up €14,476 (+35.3%), from €41,038 to €55,514
- Profit (loss) carried forward -€10,690
down €10,690 (-33.4%), from €31,966 to €21,276
- Tax, wage and social debts +€9,747
up €9,747 (+37.1%), from €26,248 to €35,995
of which Remuneration and social security: +€7,933
- Gross operating margin +€13,498
up €13,498 (+42.4%), from €31,798 to €45,296
- Staff costs -€10,328
down €10,328 (-16.8%), from €61,359 to €51,032
- Depreciation -€1,052
down €1,052 (-22.3%), from €4,727 to €3,675
- Other operating charges +€724
up €724 (+148%), from €488 to €1,212
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.
Derived cash bridge
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 | €188,274 | €162,213 | -€26,061 | -13.8% |
| Fixed assets | 21/28 | €3,603 | €1,215 | -€2,388 | -66.3% |
| Tangible fixed assets | 22/27 | €3,603 | €1,215 | -€2,388 | -66.3% |
| Furniture and vehicles | 24 | €3,603 | €1,215 | -€2,388 | -66.3% |
| Current assets | 29/58 | €184,671 | €160,998 | -€23,673 | -12.8% |
| Amounts receivable within one year | 40/41 | €184,070 | €159,439 | -€24,631 | -13.4% |
| Trade receivables | 40 | €182,666 | €159,439 | -€23,227 | -12.7% |
| Other amounts receivable | 41 | €1,404 | - | -€1,404 | |
| Cash at bank and in hand | 54/58 | €601 | €1,559 | +€958 | +159% |
| Total equity and liabilities | 10/49 | €188,274 | €162,213 | -€26,061 | -13.8% |
| Equity | 10/15 | €35,466 | €24,776 | -€10,690 | -30.1% |
| Contributions | 10/11 | €3,500 | €3,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €31,966 | €21,276 | -€10,690 | -33.4% |
| Amounts payable | 17/49 | €152,809 | €137,437 | -€15,371 | -10.1% |
| Amounts payable within one year | 42/48 | €152,809 | €137,437 | -€15,371 | -10.1% |
| Trade debts | 44 | €85,522 | €45,928 | -€39,594 | -46.3% |
| Suppliers | 440/4 | €85,522 | €45,928 | -€39,594 | -46.3% |
| Taxes, remuneration and social security | 45 | €26,248 | €35,995 | +€9,747 | +37.1% |
| Taxes | 450/3 | €10,601 | €12,415 | +€1,814 | +17.1% |
| Remuneration and social security | 454/9 | €15,647 | €23,580 | +€7,933 | +50.7% |
| Other amounts payable | 47/48 | €41,038 | €55,514 | +€14,476 | +35.3% |
| Remuneration, social security and pensions | 62 | €61,359 | €51,032 | -€10,328 | -16.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,727 | €3,675 | -€1,052 | -22.3% |
| Other operating charges | 640/8 | €488 | €1,212 | +€724 | +148% |
| Gross operating margin | 9900 | €31,798 | €45,296 | +€13,498 | +42.4% |
| Operating profit (loss) | 9901 | -€34,777 | -€10,623 | +€24,153 | +69.5% |
| Financial income | 75/76B | €0 | €6 | +€6 | +6,567% |
| Recurring financial income | 75 | €0 | €6 | +€6 | +6,567% |
| Financial charges | 65/66B | €70 | €73 | +€3 | +3.8% |
| Recurring financial charges | 65 | €70 | €73 | +€3 | +3.8% |
| Profit (loss) for the period before taxes | 9903 | -€34,847 | -€10,690 | +€24,157 | +69.3% |
| Profit (loss) for the period | 9904 | -€34,847 | -€10,690 | +€24,157 | +69.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€34,847 | -€10,690 | +€24,157 | +69.3% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 26 October 2026 via checked.be.