EHMANN G.: 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.
EHMANN G.
Largest movements
- Receivables within one year -€125,755
down €125,755 (-99.3%), from €126,705 to €950
- Reserves -€120,988
down €120,988 (-94.0%), from €128,770 to €7,782
of which Distributable reserves: -€120,988
- Tax, wage and social debts +€7,143
new in 2025: €7,143
- Debts after one year -€4,612
no longer reported in 2025 (was €4,612)
- Current portion of long-term debt -€4,537
down €4,537 (-49.6%), from €9,151 to €4,614
- Profit (loss) carried forward -€2,482
down €2,482, from €155 to -€2,327
- Gross operating margin -€13,467
down €13,467, from €5,398 to -€8,069
- Depreciation -€11,141
down €11,141 (-98.9%), from €11,261 to €120
- Financial income +€2,738
up €2,738 (+69.8%), from €3,924 to €6,662
- Taxes -€215
down €215 (-84.6%), from €254 to €39
- Financial charges -€145
down €145 (-19.7%), from €737 to €592
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 | €151,458 | €25,976 | -€125,482 | -82.8% |
| Formation expenses | 20 | €925 | €688 | -€237 | -25.6% |
| Fixed assets | 21/28 | €16,417 | €16,297 | -€120 | -0.7% |
| Tangible fixed assets | 22/27 | €16,417 | €16,297 | -€120 | -0.7% |
| Plant, machinery and equipment | 23 | €350 | €230 | -€120 | -34.3% |
| Furniture and vehicles | 24 | €16,067 | €16,067 | = | 0.0% |
| Current assets | 29/58 | €134,116 | €8,991 | -€125,125 | -93.3% |
| Amounts receivable within one year | 40/41 | €126,705 | €950 | -€125,755 | -99.3% |
| Other amounts receivable | 41 | €126,705 | €950 | -€125,755 | -99.3% |
| Current investments | 50/53 | €4,950 | €4,950 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €675 | €152 | -€523 | -77.5% |
| Deferred charges and accrued income | 490/1 | €1,786 | €2,939 | +€1,153 | +64.6% |
| Total equity and liabilities | 10/49 | €151,458 | €25,976 | -€125,482 | -82.8% |
| Equity | 10/15 | €135,125 | €11,655 | -€123,470 | -91.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €128,770 | €7,782 | -€120,988 | -94.0% |
| 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 | €126,910 | €5,922 | -€120,988 | -95.3% |
| Profit (loss) carried forward | 14 | €155 | -€2,327 | -€2,482 | |
| Amounts payable | 17/49 | €16,333 | €14,321 | -€2,012 | -12.3% |
| Amounts payable after more than one year | 17 | €4,612 | - | -€4,612 | |
| Financial debts | 170/4 | €4,612 | - | -€4,612 | |
| Amounts payable within one year | 42/48 | €11,721 | €14,321 | +€2,600 | +22.2% |
| Current portion of amounts payable after more than one year | 42 | €9,151 | €4,614 | -€4,537 | -49.6% |
| Financial debts | 43 | - | €419 | +€419 | |
| Credit institutions | 430/8 | - | €419 | +€419 | |
| Trade debts | 44 | €2,570 | €2,145 | -€425 | -16.5% |
| Suppliers | 440/4 | €2,570 | €2,145 | -€425 | -16.5% |
| Taxes, remuneration and social security | 45 | - | €7,143 | +€7,143 | |
| Taxes | 450/3 | - | €7,143 | +€7,143 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,261 | €120 | -€11,141 | -98.9% |
| Other operating charges | 640/8 | €454 | €324 | -€130 | -28.6% |
| Gross operating margin | 9900 | €5,398 | -€8,069 | -€13,467 | |
| Operating profit (loss) | 9901 | -€6,317 | -€8,513 | -€2,196 | -34.8% |
| Financial income | 75/76B | €3,924 | €6,662 | +€2,738 | +69.8% |
| Recurring financial income | 75 | €3,924 | €6,662 | +€2,738 | +69.8% |
| Financial charges | 65/66B | €737 | €592 | -€145 | -19.7% |
| Recurring financial charges | 65 | €737 | €592 | -€145 | -19.7% |
| Profit (loss) for the period before taxes | 9903 | -€3,130 | -€2,443 | +€687 | +21.9% |
| Income taxes | 67/77 | €254 | €39 | -€215 | -84.6% |
| Profit (loss) for the period | 9904 | -€3,384 | -€2,482 | +€902 | +26.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,384 | -€2,482 | +€902 | +26.7% |
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 16 October 2026 via checked.be.