EJMCS: 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.
EJMCS
Largest movements
- Cash -€40,367
down €40,367 (-80.6%), from €50,060 to €9,693
mainly Contributions, distributions and other (-€83,240) and Tax, wage and social debts (-€9,222)
- Reserves -€42,458
down €42,458 (-100.0%), from €42,458 to €0
- Other debts +€12,002
up €12,002 (+39363.8%), from €30 to €12,033
- Tax, wage and social debts -€9,222
down €9,222 (-51.4%), from €17,929 to €8,707
of which Taxes: -€9,222
- Gross operating margin -€2,322
down €2,322 (-4.1%), from €55,969 to €53,648
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €63,800 | €24,078 | -€39,722 | -62.3% |
| Current assets | 29/58 | €63,800 | €24,078 | -€39,722 | -62.3% |
| Amounts receivable within one year | 40/41 | €11,995 | €12,553 | +€558 | +4.7% |
| Trade receivables | 40 | €11,995 | €12,424 | +€429 | +3.6% |
| Other amounts receivable | 41 | €0 | €129 | +€129 | |
| Cash at bank and in hand | 54/58 | €50,060 | €9,693 | -€40,367 | -80.6% |
| Deferred charges and accrued income | 490/1 | €1,745 | €1,832 | +€87 | +5.0% |
| Total equity and liabilities | 10/49 | €63,800 | €24,078 | -€39,722 | -62.3% |
| Equity | 10/15 | €43,458 | €1,000 | -€42,458 | -97.7% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €42,458 | €0 | -€42,458 | -100.0% |
| Distributable reserves | 133 | €42,458 | €0 | -€42,458 | -100.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €20,343 | €23,078 | +€2,736 | +13.4% |
| Amounts payable within one year | 42/48 | €20,330 | €23,078 | +€2,749 | +13.5% |
| Trade debts | 44 | €2,370 | €2,339 | -€32 | -1.3% |
| Suppliers | 440/4 | €2,370 | €2,339 | -€32 | -1.3% |
| Taxes, remuneration and social security | 45 | €17,929 | €8,707 | -€9,222 | -51.4% |
| Taxes | 450/3 | €17,929 | €8,707 | -€9,222 | -51.4% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €30 | €12,033 | +€12,002 | +39363.8% |
| Accrued charges and deferred income | 492/3 | €13 | €0 | -€13 | -100.0% |
| Other operating charges | 640/8 | €836 | €913 | +€77 | +9.2% |
| Gross operating margin | 9900 | €55,969 | €53,648 | -€2,322 | -4.1% |
| Operating profit (loss) | 9901 | €55,133 | €52,734 | -€2,398 | -4.3% |
| Financial income | 75/76B | €1 | €3 | +€2 | +366.7% |
| Recurring financial income | 75 | €1 | €3 | +€2 | +366.7% |
| Financial charges | 65/66B | €1,568 | €1,272 | -€295 | -18.8% |
| Recurring financial charges | 65 | €1,568 | €1,272 | -€295 | -18.8% |
| Profit (loss) for the period before taxes | 9903 | €53,566 | €51,465 | -€2,101 | -3.9% |
| Income taxes | 67/77 | €11,108 | €10,682 | -€426 | -3.8% |
| Profit (loss) for the period | 9904 | €42,458 | €40,783 | -€1,675 | -3.9% |
| Profit (loss) for the period to be appropriated | 9905 | €42,458 | €40,783 | -€1,675 | -3.9% |
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 9 October 2026 via checked.be.