EM-PORT: 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.
EM-PORT
Largest movements
- Receivables within one year -€96,060
down €96,060 (-55.2%), from €174,029 to €77,969
of which Other amounts receivable: -€71,664
- Stocks and contracts +€35,790
up €35,790 (+209%), from €17,096 to €52,886
- Cash -€8,025
down €8,025 (-74.8%), from €10,728 to €2,703
mainly Trade debts (-€94,710) and Stocks and contracts (-€35,790)
- Tangible fixed assets -€3,597
down €3,597 (-90.3%), from €3,982 to €385
- Trade debts -€94,710
down €94,710 (-75.2%), from €125,928 to €31,218
- Profit (loss) carried forward +€22,511
up €22,511 (+41.7%), from €53,930 to €76,441
- Taxes -€15,026
down €15,026 (-73.2%), from €20,529 to €5,503
- Staff costs -€4,595
down €4,595 (-29.0%), from €15,851 to €11,256
- Depreciation -€973
down €973 (-21.3%), from €4,570 to €3,597
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.
Derived cash bridge
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 | €205,835 | €133,943 | -€71,891 | -34.9% |
| Fixed assets | 21/28 | €3,982 | €385 | -€3,597 | -90.3% |
| Tangible fixed assets | 22/27 | €3,982 | €385 | -€3,597 | -90.3% |
| Furniture and vehicles | 24 | €3,982 | €385 | -€3,597 | -90.3% |
| Current assets | 29/58 | €201,852 | €133,558 | -€68,294 | -33.8% |
| Stocks and contracts in progress | 3 | €17,096 | €52,886 | +€35,790 | +209% |
| Stocks | 30/36 | €17,096 | €52,886 | +€35,790 | +209% |
| Amounts receivable within one year | 40/41 | €174,029 | €77,969 | -€96,060 | -55.2% |
| Trade receivables | 40 | €64,443 | €40,047 | -€24,396 | -37.9% |
| Other amounts receivable | 41 | €109,586 | €37,922 | -€71,664 | -65.4% |
| Cash at bank and in hand | 54/58 | €10,728 | €2,703 | -€8,025 | -74.8% |
| Total equity and liabilities | 10/49 | €205,835 | €133,943 | -€71,891 | -34.9% |
| Equity | 10/15 | €65,330 | €87,841 | +€22,511 | +34.5% |
| Contributions | 10/11 | €11,400 | €11,400 | = | 0.0% |
| Profit (loss) carried forward | 14 | €53,930 | €76,441 | +€22,511 | +41.7% |
| Amounts payable | 17/49 | €140,504 | €46,102 | -€94,402 | -67.2% |
| Amounts payable within one year | 42/48 | €140,504 | €46,102 | -€94,402 | -67.2% |
| Trade debts | 44 | €125,928 | €31,218 | -€94,710 | -75.2% |
| Suppliers | 440/4 | €125,928 | €31,218 | -€94,710 | -75.2% |
| Taxes, remuneration and social security | 45 | €14,577 | €14,884 | +€308 | +2.1% |
| Taxes | 450/3 | €11,837 | €3,044 | -€8,793 | -74.3% |
| Remuneration and social security | 454/9 | €2,740 | €11,841 | +€9,101 | +332% |
| Remuneration, social security and pensions | 62 | €15,851 | €11,256 | -€4,595 | -29.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,570 | €3,597 | -€973 | -21.3% |
| Other operating charges | 640/8 | €1,062 | €851 | -€211 | -19.9% |
| Gross operating margin | 9900 | €44,922 | €44,814 | -€109 | -0.2% |
| Operating profit (loss) | 9901 | €23,439 | €29,110 | +€5,671 | +24.2% |
| Financial charges | 65/66B | €952 | €1,096 | +€144 | +15.2% |
| Recurring financial charges | 65 | €952 | €1,096 | +€144 | +15.2% |
| Profit (loss) for the period before taxes | 9903 | €22,487 | €28,014 | +€5,527 | +24.6% |
| Income taxes | 67/77 | €20,529 | €5,503 | -€15,026 | -73.2% |
| Profit (loss) for the period | 9904 | €1,958 | €22,511 | +€20,553 | +1,050% |
| Profit (loss) for the period to be appropriated | 9905 | €1,958 | €22,511 | +€20,553 | +1,050% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.