E-MOTION: 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-MOTION
Largest movements
- Receivables within one year -€501,229
down €501,229 (-71.2%), from €703,737 to €202,508
of which Other amounts receivable: -€504,703
- Current investments +€198,543
new in 2025: €198,543
- Other debts -€170,726
down €170,726 (-94.6%), from €180,448 to €9,722
- Debts after one year -€166,710
down €166,710 (-53.0%), from €314,431 to €147,721
- Reserves +€26,624
up €26,624 (+4.5%), from €592,011 to €618,635
- Financial income -€614,549
down €614,549 (-97.9%), from €627,869 to €13,320
- Taxes -€49,548
down €49,548 (-84.2%), from €58,822 to €9,274
- Gross operating margin +€14,720
up €14,720 (+29.3%), from €50,243 to €64,963
- Depreciation +€2,914
up €2,914 (+14.0%), from €20,807 to €23,721
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 | €1,197,109 | €893,672 | -€303,438 | -25.3% |
| Fixed assets | 21/28 | €396,260 | €407,645 | +€11,385 | +2.9% |
| Tangible fixed assets | 22/27 | €395,260 | €406,645 | +€11,385 | +2.9% |
| Land and buildings | 22 | €381,422 | €366,630 | -€14,792 | -3.9% |
| Plant, machinery and equipment | 23 | €709 | €3,020 | +€2,311 | +326% |
| Furniture and vehicles | 24 | €13,129 | €36,996 | +€23,867 | +182% |
| Financial fixed assets | 28 | €1,000 | €1,000 | = | 0.0% |
| Current assets | 29/58 | €800,849 | €486,027 | -€314,822 | -39.3% |
| Amounts receivable within one year | 40/41 | €703,737 | €202,508 | -€501,229 | -71.2% |
| Trade receivables | 40 | €605 | €4,079 | +€3,474 | +574% |
| Other amounts receivable | 41 | €703,132 | €198,429 | -€504,703 | -71.8% |
| Current investments | 50/53 | - | €198,543 | +€198,543 | |
| Cash at bank and in hand | 54/58 | €92,314 | €81,487 | -€10,827 | -11.7% |
| Deferred charges and accrued income | 490/1 | €4,798 | €3,489 | -€1,309 | -27.3% |
| Total equity and liabilities | 10/49 | €1,197,109 | €893,672 | -€303,438 | -25.3% |
| Equity | 10/15 | €627,011 | €653,635 | +€26,624 | +4.2% |
| Contributions | 10/11 | €35,000 | €35,000 | = | 0.0% |
| Reserves | 13 | €592,011 | €618,635 | +€26,624 | +4.5% |
| Distributable reserves | 133 | €592,011 | €618,635 | +€26,624 | +4.5% |
| Amounts payable | 17/49 | €570,098 | €240,037 | -€330,061 | -57.9% |
| Amounts payable after more than one year | 17 | €314,431 | €147,721 | -€166,710 | -53.0% |
| Financial debts | 170/4 | €314,431 | €147,721 | -€166,710 | -53.0% |
| Amounts payable within one year | 42/48 | €255,667 | €92,316 | -€163,351 | -63.9% |
| Current portion of amounts payable after more than one year | 42 | €11,261 | €11,560 | +€299 | +2.7% |
| Trade debts | 44 | €4,986 | €5,992 | +€1,006 | +20.2% |
| Suppliers | 440/4 | €4,986 | €5,992 | +€1,006 | +20.2% |
| Taxes, remuneration and social security | 45 | €58,972 | €65,042 | +€6,069 | +10.3% |
| Taxes | 450/3 | €58,972 | €65,042 | +€6,069 | +10.3% |
| Other amounts payable | 47/48 | €180,448 | €9,722 | -€170,726 | -94.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,807 | €23,721 | +€2,914 | +14.0% |
| Other operating charges | 640/8 | €2,358 | €1,851 | -€507 | -21.5% |
| Non-recurring operating charges | 66A | €433 | €278 | -€155 | -35.8% |
| Gross operating margin | 9900 | €50,243 | €64,963 | +€14,720 | +29.3% |
| Operating profit (loss) | 9901 | €26,645 | €39,113 | +€12,468 | +46.8% |
| Financial income | 75/76B | €627,869 | €13,320 | -€614,549 | -97.9% |
| Recurring financial income | 75 | €627,869 | €13,320 | -€614,549 | -97.9% |
| Financial charges | 65/66B | €7,317 | €6,813 | -€503 | -6.9% |
| Recurring financial charges | 65 | €7,317 | €6,813 | -€503 | -6.9% |
| Profit (loss) for the period before taxes | 9903 | €647,197 | €45,620 | -€601,577 | -93.0% |
| Income taxes | 67/77 | €58,822 | €9,274 | -€49,548 | -84.2% |
| Profit (loss) for the period | 9904 | €588,375 | €36,346 | -€552,029 | -93.8% |
| Profit (loss) for the period to be appropriated | 9905 | €588,375 | €36,346 | -€552,029 | -93.8% |
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 14 October 2026 via checked.be.