E.M.E.: 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.E.
Largest movements
- Cash +€19,240
up €19,240 (+58.7%), from €32,771 to €52,011
mainly Net result for the year (+€40,785) and Other debts (+€26,584)
- Deferred charges and accrued income +€10,990
up €10,990 (+1,994%), from €551 to €11,541
- Tangible fixed assets -€7,815
down €7,815 (-21.4%), from €36,573 to €28,758
of which Furniture and vehicles: -€6,699
- Other debts +€26,584
up €26,584 (+172%), from €15,501 to €42,084
- Profit (loss) carried forward -€8,451
down €8,451 (-23.0%), from €36,703 to €28,252
- Debts after one year -€5,720
down €5,720 (-34.0%), from €16,836 to €11,116
- Trade debts +€5,476
up €5,476 (+638%), from €859 to €6,334
- Tax, wage and social debts +€4,883
up €4,883 (+46.0%), from €10,605 to €15,488
of which Taxes: +€6,222
- Gross operating margin +€7,357
up €7,357 (+9.5%), from €77,390 to €84,747
- Taxes +€2,277
up €2,277 (+21.0%), from €10,854 to €13,131
- Staff costs +€1,411
up €1,411 (+7.3%), from €19,266 to €20,678
- Depreciation +€1,138
up €1,138 (+17.0%), from €6,677 to €7,815
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 | €89,053 | €112,048 | +€22,995 | +25.8% |
| Fixed assets | 21/28 | €36,573 | €28,758 | -€7,815 | -21.4% |
| Tangible fixed assets | 22/27 | €36,573 | €28,758 | -€7,815 | -21.4% |
| Furniture and vehicles | 24 | €25,605 | €18,906 | -€6,699 | -26.2% |
| Other tangible fixed assets | 26 | €10,968 | €9,852 | -€1,116 | -10.2% |
| Current assets | 29/58 | €52,480 | €83,290 | +€30,810 | +58.7% |
| Amounts receivable within one year | 40/41 | €19,158 | €19,737 | +€579 | +3.0% |
| Trade receivables | 40 | €19,158 | €19,737 | +€579 | +3.0% |
| Cash at bank and in hand | 54/58 | €32,771 | €52,011 | +€19,240 | +58.7% |
| Deferred charges and accrued income | 490/1 | €551 | €11,541 | +€10,990 | +1,994% |
| Total equity and liabilities | 10/49 | €89,053 | €112,048 | +€22,995 | +25.8% |
| Equity | 10/15 | €37,703 | €29,252 | -€8,451 | -22.4% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €36,703 | €28,252 | -€8,451 | -23.0% |
| Amounts payable | 17/49 | €51,350 | €82,796 | +€31,446 | +61.2% |
| Amounts payable after more than one year | 17 | €16,836 | €11,116 | -€5,720 | -34.0% |
| Financial debts | 170/4 | €16,836 | €11,116 | -€5,720 | -34.0% |
| Amounts payable within one year | 42/48 | €34,514 | €71,680 | +€37,166 | +108% |
| Current portion of amounts payable after more than one year | 42 | €7,550 | €7,773 | +€223 | +3.0% |
| Trade debts | 44 | €859 | €6,334 | +€5,476 | +638% |
| Suppliers | 440/4 | €859 | €6,334 | +€5,476 | +638% |
| Taxes, remuneration and social security | 45 | €10,605 | €15,488 | +€4,883 | +46.0% |
| Taxes | 450/3 | €6,721 | €12,943 | +€6,222 | +92.6% |
| Remuneration and social security | 454/9 | €3,883 | €2,545 | -€1,339 | -34.5% |
| Other amounts payable | 47/48 | €15,501 | €42,084 | +€26,584 | +172% |
| Remuneration, social security and pensions | 62 | €19,266 | €20,678 | +€1,411 | +7.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,677 | €7,815 | +€1,138 | +17.0% |
| Other operating charges | 640/8 | €1,815 | €1,139 | -€676 | -37.3% |
| Gross operating margin | 9900 | €77,390 | €84,747 | +€7,357 | +9.5% |
| Operating profit (loss) | 9901 | €49,632 | €55,116 | +€5,484 | +11.0% |
| Financial income | 75/76B | €59 | €208 | +€149 | +252% |
| Recurring financial income | 75 | €59 | €208 | +€149 | +252% |
| Financial charges | 65/66B | €1,795 | €1,408 | -€387 | -21.6% |
| Recurring financial charges | 65 | €1,795 | €1,408 | -€387 | -21.6% |
| Profit (loss) for the period before taxes | 9903 | €47,896 | €53,916 | +€6,020 | +12.6% |
| Income taxes | 67/77 | €10,854 | €13,131 | +€2,277 | +21.0% |
| Profit (loss) for the period | 9904 | €37,042 | €40,785 | +€3,743 | +10.1% |
| Profit (loss) for the period to be appropriated | 9905 | €37,042 | €40,785 | +€3,743 | +10.1% |
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 15 October 2026 via checked.be.