E.M. CREATIONS: 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. CREATIONS
Largest movements
- Cash +€72,147
new in 2024: €72,147
mainly Receivables within one year (+€47,354) and Debts after one year (+€44,643)
- Receivables within one year -€47,354
down €47,354 (-43.0%), from €110,024 to €62,670
- Tangible fixed assets +€42,658
up €42,658 (+100%), from €42,482 to €85,140
of which Furniture and vehicles: +€47,351
- Stocks and contracts +€12,120
up €12,120 (+8.6%), from €140,586 to €152,706
- Deferred charges and accrued income -€11,078
down €11,078 (-90.6%), from €12,224 to €1,146
- Debts after one year +€44,643
up €44,643 (+1,786%), from €2,500 to €47,143
- Tax, wage and social debts +€37,273
up €37,273 (+204%), from €18,284 to €55,557
of which Remuneration and social security: +€28,147
- Other debts -€33,125
down €33,125 (-81.4%), from €40,676 to €7,551
- Trade debts +€17,416
up €17,416 (+14.7%), from €118,186 to €135,602
- Turnover +€367,867
new in 2024: €367,867
- Purchases and services +€273,737
new in 2024: €273,737
- Staff costs +€30,282
up €30,282 (+65.2%), from €46,459 to €76,741
- Gross operating margin +€21,056
up €21,056 (+28.4%), from €74,101 to €95,157
- Depreciation -€9,850
down €9,850 (-59.0%), from €16,692 to €6,842
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €306,023 | €374,516 | +€68,493 | +22.4% |
| Fixed assets | 21/28 | €43,140 | €85,798 | +€42,658 | +98.9% |
| Tangible fixed assets | 22/27 | €42,482 | €85,140 | +€42,658 | +100% |
| Land and buildings | 22 | €37,774 | €33,081 | -€4,693 | -12.4% |
| Furniture and vehicles | 24 | €4,708 | €52,059 | +€47,351 | +1,006% |
| Financial fixed assets | 28 | €658 | €658 | = | 0.0% |
| Current assets | 29/58 | €262,883 | €288,718 | +€25,835 | +9.8% |
| Stocks and contracts in progress | 3 | €140,586 | €152,706 | +€12,120 | +8.6% |
| Stocks | 30/36 | €140,586 | €152,706 | +€12,120 | +8.6% |
| Amounts receivable within one year | 40/41 | €110,024 | €62,670 | -€47,354 | -43.0% |
| Trade receivables | 40 | €110,024 | €62,670 | -€47,354 | -43.0% |
| Current investments | 50/53 | €49 | €49 | = | 0.0% |
| Cash at bank and in hand | 54/58 | - | €72,147 | +€72,147 | |
| Deferred charges and accrued income | 490/1 | €12,224 | €1,146 | -€11,078 | -90.6% |
| Total equity and liabilities | 10/49 | €306,023 | €374,516 | +€68,493 | +22.4% |
| Equity | 10/15 | €89,003 | €91,184 | +€2,181 | +2.5% |
| Contributions | 10/11 | €6,197 | €6,197 | = | 0.0% |
| Capital | 10 | €6,197 | €6,197 | = | 0.0% |
| Issued capital | 100 | €18,592 | €18,592 | = | 0.0% |
| Uncalled capital | 101 | €12,395 | €12,395 | = | 0.0% |
| Reserves | 13 | €620 | €620 | = | 0.0% |
| Non-distributable reserves | 130/1 | €620 | €620 | = | 0.0% |
| Legal reserve | 130 | €620 | €620 | = | 0.0% |
| Profit (loss) carried forward | 14 | €82,186 | €84,367 | +€2,181 | +2.7% |
| Amounts payable | 17/49 | €217,020 | €283,332 | +€66,312 | +30.6% |
| Amounts payable after more than one year | 17 | €2,500 | €47,143 | +€44,643 | +1,786% |
| Financial debts | 170/4 | €2,500 | €47,143 | +€44,643 | +1,786% |
| Amounts payable within one year | 42/48 | €208,771 | €230,450 | +€21,679 | +10.4% |
| Financial debts | 43 | €31,625 | €31,740 | +€115 | +0.4% |
| Credit institutions | 430/8 | €31,625 | €31,740 | +€115 | +0.4% |
| Trade debts | 44 | €118,186 | €135,602 | +€17,416 | +14.7% |
| Suppliers | 440/4 | €118,186 | €135,602 | +€17,416 | +14.7% |
| Taxes, remuneration and social security | 45 | €18,284 | €55,557 | +€37,273 | +204% |
| Taxes | 450/3 | €6,590 | €15,716 | +€9,126 | +138% |
| Remuneration and social security | 454/9 | €11,694 | €39,841 | +€28,147 | +241% |
| Other amounts payable | 47/48 | €40,676 | €7,551 | -€33,125 | -81.4% |
| Accrued charges and deferred income | 492/3 | €5,749 | €5,739 | -€10 | -0.2% |
| Turnover | 70 | - | €367,867 | +€367,867 | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €273,737 | +€273,737 | |
| Remuneration, social security and pensions | 62 | €46,459 | €76,741 | +€30,282 | +65.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,692 | €6,842 | -€9,850 | -59.0% |
| Other operating charges | 640/8 | €3,094 | €2,150 | -€944 | -30.5% |
| Gross operating margin | 9900 | €74,101 | €95,157 | +€21,056 | +28.4% |
| Operating profit (loss) | 9901 | €7,856 | €9,424 | +€1,568 | +20.0% |
| Financial income | 75/76B | €11 | €4 | -€7 | -63.6% |
| Recurring financial income | 75 | €11 | €4 | -€7 | -63.6% |
| Financial charges | 65/66B | €5,178 | €7,247 | +€2,069 | +40.0% |
| Recurring financial charges | 65 | €5,178 | €7,247 | +€2,069 | +40.0% |
| Profit (loss) for the period before taxes | 9903 | €2,689 | €2,181 | -€508 | -18.9% |
| Income taxes | 67/77 | €427 | - | -€427 | |
| Profit (loss) for the period | 9904 | €2,262 | €2,181 | -€81 | -3.6% |
| Profit (loss) for the period to be appropriated | 9905 | €2,262 | €2,181 | -€81 | -3.6% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.