E-motion Services: what changed
Two fiscal 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 Services
Largest movements
- Current investments -€2.8m
down €2.8m (-55.2%), from €5.1m to €2.3m
- Receivables within one year +€1.6m
up €1.6m (+76.5%), from €2.1m to €3.6m
of which Other amounts receivable: +€1.5m
- Receivables after one year +€700,000
up €700,000 (+30.7%), from €2.3m to €3.0m
- Cash -€147,925
down €147,925 (-52.2%), from €283,521 to €135,596
mainly Receivables within one year (-€1.6m) and Receivables after one year (-€700,000)
- Other debts -€316,050
down €316,050 (-94.1%), from €335,876 to €19,825
- Tax, wage and social debts -€194,783
down €194,783 (-26.2%), from €742,296 to €547,513
of which Taxes: -€194,783
- Trade debts -€117,366
down €117,366 (-95.6%), from €122,767 to €5,401
- Financial income -€7.0m
down €7.0m (-98.1%), from €7.2m to €132,985
- Taxes -€442,683
down €442,683 (-77.5%), from €571,296 to €128,613
- Gross operating margin +€23,467
up €23,467 (+33.5%), from €70,058 to €93,525
- Financial charges +€7,457
up €7,457 (+97.4%), from €7,653 to €15,110
- Other operating charges +€1,313
up €1,313 (+28.3%), from €4,646 to €5,959
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.
Cash bridge derived
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 | €10,519,864 | €9,883,161 | -€636,702 | -6.1% |
| Fixed assets | 21/28 | €743,207 | €730,978 | -€12,230 | -1.6% |
| Tangible fixed assets | 22/27 | €714,207 | €701,978 | -€12,230 | -1.7% |
| Land and buildings | 22 | €537,392 | €560,454 | +€23,062 | +4.3% |
| Plant, machinery and equipment | 23 | €76 | €0 | -€76 | -100.0% |
| Furniture and vehicles | 24 | €176,739 | €141,524 | -€35,216 | -19.9% |
| Other tangible fixed assets | 26 | €0 | - | = | |
| Financial fixed assets | 28 | €29,000 | €29,000 | = | 0.0% |
| Current assets | 29/58 | €9,776,656 | €9,152,184 | -€624,473 | -6.4% |
| Amounts receivable after more than one year | 29 | €2,281,531 | €2,981,531 | +€700,000 | +30.7% |
| Other amounts receivable | 291 | €2,281,531 | €2,981,531 | +€700,000 | +30.7% |
| Stocks and contracts in progress | 3 | - | €13,537 | +€13,537 | |
| Stocks | 30/36 | - | €13,537 | +€13,537 | |
| Amounts receivable within one year | 40/41 | €2,064,191 | €3,644,087 | +€1.6m | +76.5% |
| Trade receivables | 40 | €140,050 | €207,018 | +€66,969 | +47.8% |
| Other amounts receivable | 41 | €1,924,141 | €3,437,069 | +€1.5m | +78.6% |
| Current investments | 50/53 | €5,134,437 | €2,301,000 | -€2.8m | -55.2% |
| Cash at bank and in hand | 54/58 | €283,521 | €135,596 | -€147,925 | -52.2% |
| Deferred charges and accrued income | 490/1 | €12,976 | €76,433 | +€63,456 | +489.0% |
| Total equity and liabilities | 10/49 | €10,519,864 | €9,883,161 | -€636,702 | -6.1% |
| Equity | 10/15 | €9,243,207 | €9,237,346 | -€5,861 | -0.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €9,224,607 | €9,218,746 | -€5,861 | -0.1% |
| Distributable reserves | 133 | €9,224,607 | €9,218,746 | -€5,861 | -0.1% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Provisions and deferred taxes | 16 | €49,500 | €49,500 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €49,500 | €49,500 | = | 0.0% |
| Pensions and similar obligations | 160 | €49,500 | €49,500 | = | 0.0% |
| Amounts payable | 17/49 | €1,227,156 | €596,315 | -€630,841 | -51.4% |
| Amounts payable after more than one year | 17 | €11,740 | €1,686 | -€10,054 | -85.6% |
| Financial debts | 170/4 | €11,740 | €1,686 | -€10,054 | -85.6% |
| Amounts payable within one year | 42/48 | €1,210,889 | €582,794 | -€628,095 | -51.9% |
| Current portion of amounts payable after more than one year | 42 | €9,950 | €10,054 | +€104 | +1.0% |
| Trade debts | 44 | €122,767 | €5,401 | -€117,366 | -95.6% |
| Suppliers | 440/4 | €122,767 | €5,401 | -€117,366 | -95.6% |
| Taxes, remuneration and social security | 45 | €742,296 | €547,513 | -€194,783 | -26.2% |
| Taxes | 450/3 | €739,996 | €545,213 | -€194,783 | -26.3% |
| Remuneration and social security | 454/9 | €2,300 | €2,300 | = | 0.0% |
| Other amounts payable | 47/48 | €335,876 | €19,825 | -€316,050 | -94.1% |
| Accrued charges and deferred income | 492/3 | €4,528 | €11,836 | +€7,308 | +161.4% |
| Non-recurring operating income | 76A | €100,887 | €0 | -€100,887 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €83,348 | €82,689 | -€658 | -0.8% |
| Other operating charges | 640/8 | €4,646 | €5,959 | +€1,313 | +28.3% |
| Gross operating margin | 9900 | €70,058 | €93,525 | +€23,467 | +33.5% |
| Operating profit (loss) | 9901 | -€17,936 | €4,876 | +€22,812 | |
| Financial income | 75/76B | €7,181,988 | €132,985 | -€7.0m | -98.1% |
| Recurring financial income | 75 | €7,181,988 | €132,985 | -€7.0m | -98.1% |
| Financial charges | 65/66B | €7,653 | €15,110 | +€7,457 | +97.4% |
| Recurring financial charges | 65 | €7,653 | €15,110 | +€7,457 | +97.4% |
| Profit (loss) for the period before taxes | 9903 | €7,156,400 | €122,752 | -€7.0m | -98.3% |
| Income taxes | 67/77 | €571,296 | €128,613 | -€442,683 | -77.5% |
| Profit (loss) for the period | 9904 | €6,585,104 | -€5,861 | -€6.6m | |
| Profit (loss) for the period to be appropriated | 9905 | €6,585,104 | -€5,861 | -€6.6m |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.