EEMA98: 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.
EEMA98
Largest movements
- Cash +€90,970
up €90,970 (+69.6%), from €130,726 to €221,696
mainly Net result for the year (+€122,079) and Receivables within one year (+€39,686)
- Receivables within one year -€39,686
down €39,686 (-78.3%), from €50,657 to €10,971
of which Other amounts receivable: -€46,014
- Tangible fixed assets +€37,387
up €37,387 (+56.5%), from €66,135 to €103,522
of which Leasing and similar rights: +€51,421
- Receivables after one year -€21,273
no longer reported in 2024 (was €21,273)
- Reserves +€167,272
up €167,272 (+277.6%), from €60,260 to €227,532
of which Distributable reserves: +€167,272
- Other debts -€70,510
no longer reported in 2024 (was €70,510)
- Profit (loss) carried forward -€45,193
no longer reported in 2024 (was €45,193)
- Debts after one year +€24,204
up €24,204 (+97.9%), from €24,714 to €48,919
- Current portion of long-term debt +€9,104
up €9,104 (+75.9%), from €11,995 to €21,099
- Gross operating margin +€29,252
up €29,252 (+10.3%), from €283,772 to €313,024
- Depreciation +€6,383
up €6,383 (+46.8%), from €13,630 to €20,013
- Other operating charges +€3,406
up €3,406 (+142.2%), from €2,395 to €5,800
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 | €280,107 | €348,186 | +€68,079 | +24.3% |
| Fixed assets | 21/28 | €66,265 | €103,652 | +€37,387 | +56.4% |
| Tangible fixed assets | 22/27 | €66,135 | €103,522 | +€37,387 | +56.5% |
| Furniture and vehicles | 24 | €57,513 | €43,743 | -€13,770 | -23.9% |
| Leasing and similar rights | 25 | - | €51,421 | +€51,421 | |
| Other tangible fixed assets | 26 | €8,622 | €8,359 | -€264 | -3.1% |
| Financial fixed assets | 28 | €130 | €130 | = | 0.0% |
| Current assets | 29/58 | €213,842 | €244,534 | +€30,691 | +14.4% |
| Amounts receivable after more than one year | 29 | €21,273 | - | -€21,273 | |
| Other amounts receivable | 291 | €21,273 | - | -€21,273 | |
| Stocks and contracts in progress | 3 | €6,308 | €8,284 | +€1,976 | +31.3% |
| Stocks | 30/36 | €6,308 | €8,284 | +€1,976 | +31.3% |
| Amounts receivable within one year | 40/41 | €50,657 | €10,971 | -€39,686 | -78.3% |
| Trade receivables | 40 | - | €6,327 | +€6,327 | |
| Other amounts receivable | 41 | €50,657 | €4,643 | -€46,014 | -90.8% |
| Cash at bank and in hand | 54/58 | €130,726 | €221,696 | +€90,970 | +69.6% |
| Deferred charges and accrued income | 490/1 | €4,878 | €3,583 | -€1,295 | -26.5% |
| Total equity and liabilities | 10/49 | €280,107 | €348,186 | +€68,079 | +24.3% |
| Equity | 10/15 | €124,053 | €246,132 | +€122,079 | +98.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €60,260 | €227,532 | +€167,272 | +277.6% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €58,400 | €225,672 | +€167,272 | +286.4% |
| Profit (loss) carried forward | 14 | €45,193 | - | -€45,193 | |
| Amounts payable | 17/49 | €156,054 | €102,054 | -€54,000 | -34.6% |
| Amounts payable after more than one year | 17 | €24,714 | €48,919 | +€24,204 | +97.9% |
| Financial debts | 170/4 | €24,714 | €48,919 | +€24,204 | +97.9% |
| Amounts payable within one year | 42/48 | €131,334 | €53,135 | -€78,199 | -59.5% |
| Current portion of amounts payable after more than one year | 42 | €11,995 | €21,099 | +€9,104 | +75.9% |
| Financial debts | 43 | €8,848 | - | -€8,848 | |
| Credit institutions | 430/8 | €8,848 | - | -€8,848 | |
| Trade debts | 44 | €12,321 | €8,801 | -€3,521 | -28.6% |
| Suppliers | 440/4 | €12,321 | €8,801 | -€3,521 | -28.6% |
| Taxes, remuneration and social security | 45 | €27,659 | €23,235 | -€4,424 | -16.0% |
| Taxes | 450/3 | €17,190 | €13,162 | -€4,028 | -23.4% |
| Remuneration and social security | 454/9 | €10,469 | €10,073 | -€396 | -3.8% |
| Other amounts payable | 47/48 | €70,510 | - | -€70,510 | |
| Accrued charges and deferred income | 492/3 | €6 | - | -€6 | |
| Non-recurring operating income | 76A | €2,718 | €2,681 | -€37 | -1.3% |
| Remuneration, social security and pensions | 62 | €110,524 | €113,432 | +€2,908 | +2.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,630 | €20,013 | +€6,383 | +46.8% |
| Other operating charges | 640/8 | €2,395 | €5,800 | +€3,406 | +142.2% |
| Non-recurring operating charges | 66A | €2,406 | €8,673 | +€6,267 | +260.4% |
| Gross operating margin | 9900 | €283,772 | €313,024 | +€29,252 | +10.3% |
| Operating profit (loss) | 9901 | €154,818 | €165,105 | +€10,288 | +6.6% |
| Financial income | 75/76B | €6,473 | €3,415 | -€3,057 | -47.2% |
| Recurring financial income | 75 | €6,473 | €3,415 | -€3,057 | -47.2% |
| Financial charges | 65/66B | €3,025 | €4,731 | +€1,706 | +56.4% |
| Recurring financial charges | 65 | €3,025 | €4,731 | +€1,706 | +56.4% |
| Profit (loss) for the period before taxes | 9903 | €158,265 | €163,789 | +€5,525 | +3.5% |
| Income taxes | 67/77 | €42,562 | €41,710 | -€852 | -2.0% |
| Profit (loss) for the period | 9904 | €115,703 | €122,079 | +€6,376 | +5.5% |
| Profit (loss) for the period to be appropriated | 9905 | €115,703 | €122,079 | +€6,376 | +5.5% |
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 3 October 2026 via checked.be.