EBEMA: 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.
What changed
EBEMA
NACE 46.839, Wholesale trade
financial year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€1.8m
2024 · €410,000+€1.4m
Equity
€13.7m
2024 · €11.9m+€1.8m
Cash
€1.2m
2024 · €437,888+€749,479
Balance sheet total
€38.1m
2024 · €35.6m+€2.5m
Largest movements
Assets
- Stocks and contracts +€1.6m
up €1.6m (+14.7%), from €11.0m to €12.6m
- Receivables within one year +€886,526
up €886,526 (+6.5%), from €13.7m to €14.6m
of which Other amounts receivable: +€1.2m
- Tangible fixed assets -€879,375
down €879,375 (-10.5%), from €8.4m to €7.5m
of which Plant, machinery and equipment: -€492,193
- Cash +€749,479
up €749,479 (+171.2%), from €437,888 to €1.2m
mainly Net result for the year (+€1.8m) and Depreciation (+€1.5m)
Equity and liabilities
- Profit (loss) carried forward +€1.8m
up €1.8m, from -€655,577 to €1.2m
- Other debts +€651,822
up €651,822 (+26.3%), from €2.5m to €3.1m
Income statement
- Turnover +€1.6m
up €1.6m (+2.6%), from €59.5m to €61.0m
- Goods and materials +€1.1m
up €1.1m (+3.6%), from €31.5m to €32.6m
of which Purchases: +€2.7m
- Staff costs -€772,908
down €772,908 (-7.2%), from €10.7m to €9.9m
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.
Result 2024
€410,000
Turnover
+€1.6m
Other operating income
-€23,248
Goods and materials
-€1.1m
Services and other goods
-€395,591
Staff costs
+€772,908
Depreciation
+€62,909
Write-downs
-€8,820
Provisions
+€18,921
Other operating charges
-€10,136
Other operating items
+€785,838
Financial income
+€37,954
Financial charges
+€174,375
Taxes
-€429,959
Result 2025
€1.8m
Cash bridge derived
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.
From operations
+€1.4m
Investment
-€617,643
Financing
-€71,702
Cash 2024
€437,888
From operations (derived)
+€1.4m
Net result for the year
+€1.8m
Depreciation
+€1.5m
Stocks and contracts
-€1.6m
Receivables within one year
-€886,526
Deferred charges and accrued income
-€84,514
Provisions
-€22,320
Trade debts
+€250,498
Tax, wage and social debts
-€147,216
Other debts
+€651,822
Accrued charges and deferred income
-€37,705
Investment (derived)
-€617,643
Investment in fixed assets (net)
-€617,643
Financing
-€71,702
Debts after one year
-€60,812
Current portion of long-term debt
-€17,779
Short-term financial debts
+€23,316
Contributions, distributions and other
-€16,426
Cash 2025
€1.2m
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €35,602,833 | €38,058,891 | +€2.5m | +6.9% |
| Fixed assets | 21/28 | €8,428,760 | €7,542,555 | -€886,205 | -10.5% |
| Tangible fixed assets | 22/27 | €8,412,623 | €7,533,248 | -€879,375 | -10.5% |
| Land and buildings | 22 | €5,371,949 | €5,173,275 | -€198,674 | -3.7% |
| Plant, machinery and equipment | 23 | €2,470,252 | €1,978,059 | -€492,193 | -19.9% |
| Furniture and vehicles | 24 | €570,422 | €381,913 | -€188,509 | -33.0% |
| Financial fixed assets | 28 | €16,137 | €9,307 | -€6,830 | -42.3% |
| Other financial fixed assets | 284/8 | €16,137 | €9,307 | -€6,830 | -42.3% |
| Shares | 284 | €9,147 | €9,147 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €6,990 | €160 | -€6,830 | -97.7% |
| Current assets | 29/58 | €27,174,073 | €30,516,336 | +€3.3m | +12.3% |
| Stocks and contracts in progress | 3 | €11,024,640 | €12,646,384 | +€1.6m | +14.7% |
| Stocks | 30/36 | €11,024,640 | €12,646,384 | +€1.6m | +14.7% |
| Raw materials and consumables | 30/31 | €1,588,210 | €2,091,606 | +€503,396 | +31.7% |
| Work in progress | 32 | €350,977 | €720,621 | +€369,645 | +105.3% |
| Finished goods | 33 | €4,763,316 | €5,139,662 | +€376,346 | +7.9% |
| Goods purchased for resale | 34 | €4,322,137 | €4,694,494 | +€372,357 | +8.6% |
| Amounts receivable within one year | 40/41 | €13,695,692 | €14,582,217 | +€886,526 | +6.5% |
| Trade receivables | 40 | €8,520,589 | €8,217,781 | -€302,808 | -3.6% |
| Other amounts receivable | 41 | €5,175,102 | €6,364,436 | +€1.2m | +23.0% |
| Cash at bank and in hand | 54/58 | €437,888 | €1,187,367 | +€749,479 | +171.2% |
| Deferred charges and accrued income | 490/1 | €2,015,854 | €2,100,368 | +€84,514 | +4.2% |
| Total equity and liabilities | 10/49 | €35,602,833 | €38,058,891 | +€2.5m | +6.9% |
| Equity | 10/15 | €11,916,772 | €13,733,027 | +€1.8m | +15.2% |
| Contributions | 10/11 | €9,000,000 | €9,000,000 | = | 0.0% |
| Capital | 10 | €9,000,000 | €9,000,000 | = | 0.0% |
| Issued capital | 100 | €9,000,000 | €9,000,000 | = | 0.0% |
| Reserves | 13 | €3,383,070 | €3,383,070 | = | 0.0% |
| Non-distributable reserves | 130/1 | €900,000 | €900,000 | = | 0.0% |
| Legal reserve | 130 | €900,000 | €900,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €210,500 | - | -€210,500 | |
| Distributable reserves | 133 | €2,272,570 | €2,483,070 | +€210,500 | +9.3% |
| Profit (loss) carried forward | 14 | -€655,577 | €1,177,104 | +€1.8m | |
| Investment grants | 15 | €189,279 | €172,853 | -€16,426 | -8.7% |
| Provisions and deferred taxes | 16 | €22,320 | - | -€22,320 | |
| Provisions for liabilities and charges | 160/5 | €22,320 | - | -€22,320 | |
| Other liabilities and charges | 164/5 | €22,320 | - | -€22,320 | |
| Amounts payable | 17/49 | €23,663,741 | €24,325,864 | +€662,123 | +2.8% |
| Amounts payable after more than one year | 17 | €13,629,161 | €13,568,349 | -€60,812 | -0.4% |
| Financial debts | 170/4 | €1,763,529 | €1,339,424 | -€424,105 | -24.0% |
| Credit institutions | 173 | €1,763,529 | €1,339,424 | -€424,105 | -24.0% |
| Other amounts payable | 178/9 | €11,865,632 | €12,228,925 | +€363,293 | +3.1% |
| Amounts payable within one year | 42/48 | €9,955,104 | €10,715,745 | +€760,641 | +7.6% |
| Current portion of amounts payable after more than one year | 42 | €441,885 | €424,105 | -€17,779 | -4.0% |
| Financial debts | 43 | €3,200,727 | €3,224,043 | +€23,316 | +0.7% |
| Credit institutions | 430/8 | €3,200,727 | €3,224,043 | +€23,316 | +0.7% |
| Trade debts | 44 | €2,390,211 | €2,640,709 | +€250,498 | +10.5% |
| Suppliers | 440/4 | €2,390,211 | €2,640,709 | +€250,498 | +10.5% |
| Taxes, remuneration and social security | 45 | €1,447,086 | €1,299,871 | -€147,216 | -10.2% |
| Taxes | 450/3 | €107,729 | €82,317 | -€25,412 | -23.6% |
| Remuneration and social security | 454/9 | €1,339,357 | €1,217,553 | -€121,804 | -9.1% |
| Other amounts payable | 47/48 | €2,475,195 | €3,127,017 | +€651,822 | +26.3% |
| Accrued charges and deferred income | 492/3 | €79,476 | €41,771 | -€37,705 | -47.4% |
| Operating income | 70/76A | €59,564,970 | €61,895,597 | +€2.3m | +3.9% |
| Turnover | 70 | €59,467,769 | €61,035,806 | +€1.6m | +2.6% |
| Change in stocks of work in progress, finished goods and contracts in progress | 71 | -€46,312 | €745,991 | +€792,302 | |
| Other operating income | 74 | €136,704 | €113,456 | -€23,248 | -17.0% |
| Non-recurring operating income | 76A | €6,808 | €344 | -€6,464 | -95.0% |
| Operating charges | 60/66A | €58,690,893 | €59,381,209 | +€690,316 | +1.2% |
| Goods for resale, raw materials and consumables | 60 | €31,499,295 | €32,629,802 | +€1.1m | +3.6% |
| Purchases | 600/8 | €30,847,096 | €33,505,555 | +€2.7m | +8.6% |
| Change in stocks: decrease (increase) | 609 | €652,199 | -€875,753 | -€1.5m | |
| Services and other goods | 61 | €14,687,767 | €15,083,358 | +€395,591 | +2.7% |
| Remuneration, social security and pensions | 62 | €10,698,336 | €9,925,428 | -€772,908 | -7.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,566,758 | €1,503,848 | -€62,909 | -4.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €5,759 | €14,579 | +€8,820 | +153.2% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €18,921 | - | -€18,921 | |
| Other operating charges | 640/8 | €214,058 | €224,194 | +€10,136 | +4.7% |
| Operating profit (loss) | 9901 | €874,077 | €2,514,388 | +€1.6m | +187.7% |
| Financial income | 75/76B | €249,433 | €287,388 | +€37,954 | +15.2% |
| Recurring financial income | 75 | €249,433 | €287,388 | +€37,954 | +15.2% |
| Income from financial fixed assets | 750 | €132 | €4,094 | +€3,962 | +3008.4% |
| Other financial income | 752/9 | €249,302 | €283,294 | +€33,992 | +13.6% |
| Financial charges | 65/66B | €655,245 | €480,871 | -€174,375 | -26.6% |
| Recurring financial charges | 65 | €654,371 | €480,871 | -€173,500 | -26.5% |
| Debt charges | 650 | €338,556 | €189,624 | -€148,932 | -44.0% |
| Other financial charges | 652/9 | €315,815 | €291,246 | -€24,568 | -7.8% |
| Non-recurring financial charges | 66B | €874 | - | -€874 | |
| Profit (loss) for the period before taxes | 9903 | €468,265 | €2,320,905 | +€1.9m | +395.6% |
| Income taxes | 67/77 | €58,266 | €488,224 | +€429,959 | +737.9% |
| Taxes | 670/3 | €58,553 | €500,043 | +€441,490 | +754.0% |
| Tax adjustments and reversals of tax provisions | 77 | €287 | €11,819 | +€11,532 | +4014.2% |
| Profit (loss) for the period | 9904 | €410,000 | €1,832,680 | +€1.4m | +347.0% |
| Transfer from tax-exempt reserves | 789 | - | €210,500 | +€210,500 | |
| Profit (loss) for the period to be appropriated | 9905 | €410,000 | €2,043,180 | +€1.6m | +398.3% |
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 12 October 2026 via checked.be.