E.M.I.I.: 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.I.I.
Largest movements
- Receivables within one year -€18,356
down €18,356 (-16.7%), from €109,859 to €91,503
of which Other amounts receivable: -€10,685
- Cash +€9,257
up €9,257 (+53.3%), from €17,364 to €26,621
mainly Net result for the year (+€69,199) and Receivables within one year (+€18,356)
- Deferred charges and accrued income -€1,862
down €1,862 (-38.4%), from €4,844 to €2,982
- Other debts -€13,180
down €13,180 (-16.0%), from €82,380 to €69,200
- Tax, wage and social debts +€3,201
up €3,201 (+9.0%), from €35,720 to €38,922
of which Taxes: +€2,620
- Trade debts -€2,884
down €2,884 (-43.3%), from €6,652 to €3,769
- Gross operating margin -€14,951
down €14,951 (-8.2%), from €181,408 to €166,457
- Taxes -€4,500
down €4,500 (-17.4%), from €25,820 to €21,320
- Staff costs +€2,476
up €2,476 (+3.5%), from €70,470 to €72,946
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 | €135,668 | €124,006 | -€11,662 | -8.6% |
| Fixed assets | 21/28 | €3,601 | €2,901 | -€701 | -19.5% |
| Tangible fixed assets | 22/27 | €3,551 | €2,851 | -€701 | -19.7% |
| Plant, machinery and equipment | 23 | €140 | €42 | -€98 | -69.8% |
| Furniture and vehicles | 24 | €3,411 | €2,808 | -€603 | -17.7% |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €132,067 | €121,106 | -€10,961 | -8.3% |
| Amounts receivable within one year | 40/41 | €109,859 | €91,503 | -€18,356 | -16.7% |
| Trade receivables | 40 | €63,607 | €55,936 | -€7,671 | -12.1% |
| Other amounts receivable | 41 | €46,252 | €35,567 | -€10,685 | -23.1% |
| Current investments | 50/53 | €0 | €0 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €17,364 | €26,621 | +€9,257 | +53.3% |
| Deferred charges and accrued income | 490/1 | €4,844 | €2,982 | -€1,862 | -38.4% |
| Total equity and liabilities | 10/49 | €135,668 | €124,006 | -€11,662 | -8.6% |
| Equity | 10/15 | €3 | €2 | -€1 | -26.8% |
| Profit (loss) carried forward | 14 | €3 | €2 | -€1 | -26.8% |
| Amounts payable | 17/49 | €135,665 | €124,004 | -€11,661 | -8.6% |
| Amounts payable within one year | 42/48 | €124,753 | €111,890 | -€12,862 | -10.3% |
| Trade debts | 44 | €6,652 | €3,769 | -€2,884 | -43.3% |
| Suppliers | 440/4 | €6,652 | €3,769 | -€2,884 | -43.3% |
| Taxes, remuneration and social security | 45 | €35,720 | €38,922 | +€3,201 | +9.0% |
| Taxes | 450/3 | €26,854 | €29,474 | +€2,620 | +9.8% |
| Remuneration and social security | 454/9 | €8,867 | €9,448 | +€581 | +6.5% |
| Other amounts payable | 47/48 | €82,380 | €69,200 | -€13,180 | -16.0% |
| Accrued charges and deferred income | 492/3 | €10,912 | €12,113 | +€1,201 | +11.0% |
| Remuneration, social security and pensions | 62 | €70,470 | €72,946 | +€2,476 | +3.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,621 | €1,691 | +€70 | +4.3% |
| Other operating charges | 640/8 | €834 | €858 | +€24 | +2.9% |
| Gross operating margin | 9900 | €181,408 | €166,457 | -€14,951 | -8.2% |
| Operating profit (loss) | 9901 | €108,483 | €90,963 | -€17,521 | -16.2% |
| Financial income | 75/76B | €2,721 | €2,279 | -€442 | -16.2% |
| Recurring financial income | 75 | €2,721 | €2,279 | -€442 | -16.2% |
| Financial charges | 65/66B | €3,001 | €2,723 | -€278 | -9.3% |
| Recurring financial charges | 65 | €3,001 | €2,723 | -€278 | -9.3% |
| Profit (loss) for the period before taxes | 9903 | €108,203 | €90,519 | -€17,684 | -16.3% |
| Income taxes | 67/77 | €25,820 | €21,320 | -€4,500 | -17.4% |
| Profit (loss) for the period | 9904 | €82,383 | €69,199 | -€13,184 | -16.0% |
| Profit (loss) for the period to be appropriated | 9905 | €82,383 | €69,199 | -€13,184 | -16.0% |
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 30 October 2026 via checked.be.