E.M.K MANAGEMENT: 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.K MANAGEMENT
Largest movements
- Receivables within one year +€60,340
up €60,340 (+677%), from €8,911 to €69,251
- Tangible fixed assets +€26,257
up €26,257 (+127%), from €20,622 to €46,879
- Cash +€5,787
up €5,787 (+69.6%), from €8,317 to €14,104
mainly Net result for the year (+€41,428) and Debts after one year (+€37,750)
- Profit (loss) carried forward +€41,428
up €41,428 (+175%), from €23,720 to €65,148
- Debts after one year +€37,750
new in 2024: €37,750
- Tax, wage and social debts +€12,987
up €12,987 (+158%), from €8,243 to €21,230
of which Taxes: +€16,852
- Current portion of long-term debt +€5,550
new in 2024: €5,550
- Trade debts -€5,331
down €5,331 (-92.1%), from €5,787 to €456
- Gross operating margin +€33,725
up €33,725 (+90.9%), from €37,109 to €70,834
- Financial charges +€8,945
up €8,945 (+20,758%), from €43 to €8,988
- Other operating charges +€5,707
up €5,707 (+754%), from €757 to €6,464
- Taxes +€3,385
up €3,385 (+48.6%), from €6,972 to €10,357
- Depreciation -€2,030
down €2,030 (-37.7%), from €5,378 to €3,348
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 | €37,850 | €130,234 | +€92,384 | +244% |
| Fixed assets | 21/28 | €20,622 | €46,879 | +€26,257 | +127% |
| Tangible fixed assets | 22/27 | €20,622 | €46,879 | +€26,257 | +127% |
| Furniture and vehicles | 24 | €20,622 | €46,879 | +€26,257 | +127% |
| Current assets | 29/58 | €17,228 | €83,355 | +€66,127 | +384% |
| Amounts receivable within one year | 40/41 | €8,911 | €69,251 | +€60,340 | +677% |
| Trade receivables | 40 | €8,911 | €69,251 | +€60,340 | +677% |
| Cash at bank and in hand | 54/58 | €8,317 | €14,104 | +€5,787 | +69.6% |
| Total equity and liabilities | 10/49 | €37,850 | €130,234 | +€92,384 | +244% |
| Equity | 10/15 | €23,820 | €65,248 | +€41,428 | +174% |
| Contributions | 10/11 | €100 | €100 | = | 0.0% |
| Profit (loss) carried forward | 14 | €23,720 | €65,148 | +€41,428 | +175% |
| Amounts payable | 17/49 | €14,030 | €64,986 | +€50,956 | +363% |
| Amounts payable after more than one year | 17 | - | €37,750 | +€37,750 | |
| Financial debts | 170/4 | - | €37,750 | +€37,750 | |
| Amounts payable within one year | 42/48 | €14,030 | €27,236 | +€13,206 | +94.1% |
| Current portion of amounts payable after more than one year | 42 | - | €5,550 | +€5,550 | |
| Trade debts | 44 | €5,787 | €456 | -€5,331 | -92.1% |
| Suppliers | 440/4 | €5,787 | €456 | -€5,331 | -92.1% |
| Taxes, remuneration and social security | 45 | €8,243 | €21,230 | +€12,987 | +158% |
| Taxes | 450/3 | €4,378 | €21,230 | +€16,852 | +385% |
| Remuneration and social security | 454/9 | €3,865 | - | -€3,865 | |
| Remuneration, social security and pensions | 62 | €250 | €250 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,378 | €3,348 | -€2,030 | -37.7% |
| Other operating charges | 640/8 | €757 | €6,464 | +€5,707 | +754% |
| Gross operating margin | 9900 | €37,109 | €70,834 | +€33,725 | +90.9% |
| Operating profit (loss) | 9901 | €30,724 | €60,771 | +€30,047 | +97.8% |
| Financial income | 75/76B | €10 | €2 | -€9 | -84.4% |
| Recurring financial income | 75 | €10 | €2 | -€9 | -84.4% |
| Financial charges | 65/66B | €43 | €8,988 | +€8,945 | +20,758% |
| Recurring financial charges | 65 | €43 | €8,988 | +€8,945 | +20,758% |
| Profit (loss) for the period before taxes | 9903 | €30,691 | €51,785 | +€21,094 | +68.7% |
| Income taxes | 67/77 | €6,972 | €10,357 | +€3,385 | +48.6% |
| Profit (loss) for the period | 9904 | €23,720 | €41,428 | +€17,708 | +74.7% |
| Profit (loss) for the period to be appropriated | 9905 | €23,720 | €41,428 | +€17,708 | +74.7% |
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 28 October 2026 via checked.be.