EJML Group: 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.
EJML Group
Largest movements
- Tangible fixed assets -€20,289
down €20,289 (-5.2%), from €393,247 to €372,958
of which Leasing and similar rights: -€14,721
- Receivables within one year -€11,091
down €11,091 (-79.3%), from €13,995 to €2,904
- Cash -€4,899
down €4,899 (-37.9%), from €12,914 to €8,015
mainly Net result for the year (-€21,549) and Tax, wage and social debts (-€14,574)
- Profit (loss) carried forward -€21,549
down €21,549 (-6.6%), from €327,471 to €305,922
- Debts after one year +€20,000
up €20,000 (+66.7%), from €30,000 to €50,000
- Tax, wage and social debts -€14,574
down €14,574 (-91.9%), from €15,859 to €1,285
of which Remuneration and social security: -€9,910
- Accrued charges and deferred income -€10,953
down €10,953 (-84.7%), from €12,934 to €1,981
- Staff costs -€73,168
down €73,168 (-62.7%), from €116,742 to €43,574
- Gross operating margin -€62,858
down €62,858 (-58.3%), from €107,879 to €45,021
- Taxes -€5,951
down €5,951, from €3,609 to -€2,342
- Financial charges -€3,203
down €3,203 (-59.8%), from €5,359 to €2,156
of which Non-recurring financial charges: -€3,075
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 | €420,906 | €384,627 | -€36,279 | -8.6% |
| Fixed assets | 21/28 | €393,997 | €373,708 | -€20,289 | -5.1% |
| Tangible fixed assets | 22/27 | €393,247 | €372,958 | -€20,289 | -5.2% |
| Land and buildings | 22 | €374,876 | €363,581 | -€11,295 | -3.0% |
| Plant, machinery and equipment | 23 | €3,024 | €1,221 | -€1,803 | -59.6% |
| Furniture and vehicles | 24 | €625 | €8,156 | +€7,531 | +1,205% |
| Leasing and similar rights | 25 | €14,721 | - | -€14,721 | |
| Financial fixed assets | 28 | €750 | €750 | = | 0.0% |
| Current assets | 29/58 | €26,910 | €10,919 | -€15,990 | -59.4% |
| Amounts receivable within one year | 40/41 | €13,995 | €2,904 | -€11,091 | -79.3% |
| Trade receivables | 40 | €13,995 | €2,904 | -€11,091 | -79.3% |
| Cash at bank and in hand | 54/58 | €12,914 | €8,015 | -€4,899 | -37.9% |
| Total equity and liabilities | 10/49 | €420,906 | €384,627 | -€36,279 | -8.6% |
| Equity | 10/15 | €349,027 | €327,479 | -€21,549 | -6.2% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €2,964 | €2,964 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €1,105 | €1,105 | = | 0.0% |
| Profit (loss) carried forward | 14 | €327,471 | €305,922 | -€21,549 | -6.6% |
| Amounts payable | 17/49 | €71,879 | €57,149 | -€14,730 | -20.5% |
| Amounts payable after more than one year | 17 | €30,000 | €50,000 | +€20,000 | +66.7% |
| Financial debts | 170/4 | €30,000 | €50,000 | +€20,000 | +66.7% |
| Amounts payable within one year | 42/48 | €28,945 | €5,167 | -€23,778 | -82.1% |
| Current portion of amounts payable after more than one year | 42 | €2,226 | - | -€2,226 | |
| Trade debts | 44 | €4,283 | €1,039 | -€3,244 | -75.7% |
| Suppliers | 440/4 | €4,283 | €1,039 | -€3,244 | -75.7% |
| Taxes, remuneration and social security | 45 | €15,859 | €1,285 | -€14,574 | -91.9% |
| Taxes | 450/3 | €5,949 | €1,285 | -€4,664 | -78.4% |
| Remuneration and social security | 454/9 | €9,910 | - | -€9,910 | |
| Other amounts payable | 47/48 | €6,577 | €2,843 | -€3,734 | -56.8% |
| Accrued charges and deferred income | 492/3 | €12,934 | €1,981 | -€10,953 | -84.7% |
| Remuneration, social security and pensions | 62 | €116,742 | €43,574 | -€73,168 | -62.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,289 | €20,289 | = | 0.0% |
| Other operating charges | 640/8 | €3,311 | €2,900 | -€412 | -12.4% |
| Gross operating margin | 9900 | €107,879 | €45,021 | -€62,858 | -58.3% |
| Operating profit (loss) | 9901 | -€32,463 | -€21,742 | +€10,722 | +33.0% |
| Financial income | 75/76B | €7 | €7 | = | 0.0% |
| Recurring financial income | 75 | €7 | €7 | = | 0.0% |
| Financial charges | 65/66B | €5,359 | €2,156 | -€3,203 | -59.8% |
| Recurring financial charges | 65 | €2,284 | €2,156 | -€128 | -5.6% |
| Non-recurring financial charges | 66B | €3,075 | - | -€3,075 | |
| Profit (loss) for the period before taxes | 9903 | -€37,815 | -€23,890 | +€13,925 | +36.8% |
| Income taxes | 67/77 | €3,609 | -€2,342 | -€5,951 | |
| Profit (loss) for the period | 9904 | -€41,425 | -€21,549 | +€19,876 | +48.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€41,425 | -€21,549 | +€19,876 | +48.0% |
Source: filed annual accounts (NBB), financial years ended 1 October 2024 and 1 October 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.