E.M.T. CONSULTING: 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.T. CONSULTING
Largest movements
- Tangible fixed assets +€81,671
up €81,671 (+17.0%), from €479,151 to €560,822
of which Land and buildings: +€89,166
- Receivables within one year -€28,233
down €28,233 (-64.6%), from €43,719 to €15,486
of which Trade receivables: -€28,319
- Intangible fixed assets -€20,625
down €20,625 (-11.3%), from €182,065 to €161,440
- Current investments -€19,461
no longer reported in 2025 (was €19,461)
- Reserves +€65,373
up €65,373 (+28.8%), from €227,337 to €292,710
- Debts after one year -€60,662
down €60,662 (-13.2%), from €459,293 to €398,631
- Other debts +€31,541
up €31,541 (+89.2%), from €35,343 to €66,884
- Short-term financial debts -€12,765
no longer reported in 2025 (was €12,765)
- Gross operating margin -€23,791
down €23,791 (-10.8%), from €219,390 to €195,599
- Taxes -€17,750
down €17,750 (-33.7%), from €52,735 to €34,986
- Depreciation +€14,684
up €14,684 (+23.6%), from €62,281 to €76,965
- Financial income +€2,791
up €2,791 (+7,292%), from €38 to €2,829
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 | €1,002,111 | €1,012,860 | +€10,749 | +1.1% |
| Fixed assets | 21/28 | €860,216 | €921,262 | +€61,046 | +7.1% |
| Intangible fixed assets | 21 | €182,065 | €161,440 | -€20,625 | -11.3% |
| Tangible fixed assets | 22/27 | €479,151 | €560,822 | +€81,671 | +17.0% |
| Land and buildings | 22 | €359,796 | €448,962 | +€89,166 | +24.8% |
| Plant, machinery and equipment | 23 | €4,221 | €3,015 | -€1,206 | -28.6% |
| Furniture and vehicles | 24 | €94,038 | €78,447 | -€15,591 | -16.6% |
| Other tangible fixed assets | 26 | €21,098 | €30,398 | +€9,301 | +44.1% |
| Financial fixed assets | 28 | €199,000 | €199,000 | = | 0.0% |
| Current assets | 29/58 | €141,894 | €91,598 | -€50,296 | -35.4% |
| Amounts receivable within one year | 40/41 | €43,719 | €15,486 | -€28,233 | -64.6% |
| Trade receivables | 40 | €41,239 | €12,920 | -€28,319 | -68.7% |
| Other amounts receivable | 41 | €2,480 | €2,566 | +€86 | +3.4% |
| Current investments | 50/53 | €19,461 | - | -€19,461 | |
| Cash at bank and in hand | 54/58 | €350 | €3,811 | +€3,461 | +989% |
| Deferred charges and accrued income | 490/1 | €78,365 | €72,302 | -€6,063 | -7.7% |
| Total equity and liabilities | 10/49 | €1,002,111 | €1,012,860 | +€10,749 | +1.1% |
| Equity | 10/15 | €304,359 | €369,732 | +€65,373 | +21.5% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €227,337 | €292,710 | +€65,373 | +28.8% |
| Distributable reserves | 133 | €227,337 | €292,710 | +€65,373 | +28.8% |
| Profit (loss) carried forward | 14 | €64,622 | €64,622 | = | 0.0% |
| Provisions and deferred taxes | 16 | €10,000 | €10,000 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €10,000 | €10,000 | = | 0.0% |
| Pensions and similar obligations | 160 | €10,000 | €10,000 | = | 0.0% |
| Amounts payable | 17/49 | €687,752 | €633,128 | -€54,624 | -7.9% |
| Amounts payable after more than one year | 17 | €459,293 | €398,631 | -€60,662 | -13.2% |
| Financial debts | 170/4 | €459,293 | €398,631 | -€60,662 | -13.2% |
| Amounts payable within one year | 42/48 | €228,459 | €233,462 | +€5,004 | +2.2% |
| Current portion of amounts payable after more than one year | 42 | €67,787 | €60,662 | -€7,125 | -10.5% |
| Financial debts | 43 | €12,765 | - | -€12,765 | |
| Credit institutions | 430/8 | €12,765 | - | -€12,765 | |
| Trade debts | 44 | €26,668 | €18,502 | -€8,165 | -30.6% |
| Suppliers | 440/4 | €26,668 | €18,502 | -€8,165 | -30.6% |
| Taxes, remuneration and social security | 45 | €85,897 | €87,415 | +€1,518 | +1.8% |
| Taxes | 450/3 | €85,897 | €87,415 | +€1,518 | +1.8% |
| Other amounts payable | 47/48 | €35,343 | €66,884 | +€31,541 | +89.2% |
| Accrued charges and deferred income | 492/3 | - | €1,034 | +€1,034 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €62,281 | €76,965 | +€14,684 | +23.6% |
| Other operating charges | 640/8 | €2,121 | €1,860 | -€260 | -12.3% |
| Gross operating margin | 9900 | €219,390 | €195,599 | -€23,791 | -10.8% |
| Operating profit (loss) | 9901 | €154,989 | €116,774 | -€38,214 | -24.7% |
| Financial income | 75/76B | €38 | €2,829 | +€2,791 | +7,292% |
| Recurring financial income | 75 | €38 | €2,829 | +€2,791 | +7,292% |
| Financial charges | 65/66B | €16,402 | €17,579 | +€1,176 | +7.2% |
| Recurring financial charges | 65 | €16,402 | €17,579 | +€1,176 | +7.2% |
| Profit (loss) for the period before taxes | 9903 | €138,625 | €102,025 | -€36,600 | -26.4% |
| Income taxes | 67/77 | €52,735 | €34,986 | -€17,750 | -33.7% |
| Profit (loss) for the period | 9904 | €85,889 | €67,039 | -€18,850 | -21.9% |
| Profit (loss) for the period to be appropriated | 9905 | €85,889 | €67,039 | -€18,850 | -21.9% |
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 31 October 2026 via checked.be.