EMA Engineering: 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.
EMA Engineering
Largest movements
- Receivables within one year +€25,875
up €25,875 (+18.5%), from €139,841 to €165,717
- Cash +€16,111
up €16,111 (+169.2%), from €9,522 to €25,632
mainly Net result for the year (+€61,999) and Depreciation (+€1,694)
- Reserves +€61,999
up €61,999 (+53.2%), from €116,514 to €178,513
- Tax, wage and social debts -€21,670
down €21,670 (-55.4%), from €39,141 to €17,471
- Gross operating margin -€71,705
down €71,705 (-50.1%), from €143,145 to €71,440
- Taxes -€16,938
down €16,938 (-51.6%), from €32,797 to €15,859
- Financial income +€1,586
up €1,586 (+22.7%), from €6,973 to €8,558
- Depreciation +€1,553
up €1,553 (+1100.0%), from €141 to €1,694
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 | €157,692 | €197,984 | +€40,292 | +25.6% |
| Fixed assets | 21/28 | €8,328 | €6,635 | -€1,694 | -20.3% |
| Tangible fixed assets | 22/27 | €8,328 | €6,635 | -€1,694 | -20.3% |
| Plant, machinery and equipment | 23 | €8,328 | €6,635 | -€1,694 | -20.3% |
| Current assets | 29/58 | €149,363 | €191,349 | +€41,986 | +28.1% |
| Amounts receivable within one year | 40/41 | €139,841 | €165,717 | +€25,875 | +18.5% |
| Other amounts receivable | 41 | €139,841 | €165,717 | +€25,875 | +18.5% |
| Cash at bank and in hand | 54/58 | €9,522 | €25,632 | +€16,111 | +169.2% |
| Total equity and liabilities | 10/49 | €157,692 | €197,984 | +€40,292 | +25.6% |
| Equity | 10/15 | €118,514 | €180,513 | +€61,999 | +52.3% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €116,514 | €178,513 | +€61,999 | +53.2% |
| Distributable reserves | 133 | €116,514 | €178,513 | +€61,999 | +53.2% |
| Amounts payable | 17/49 | €39,178 | €17,471 | -€21,707 | -55.4% |
| Amounts payable within one year | 42/48 | €39,178 | €17,471 | -€21,707 | -55.4% |
| Trade debts | 44 | €37 | - | -€37 | |
| Suppliers | 440/4 | €37 | - | -€37 | |
| Taxes, remuneration and social security | 45 | €39,141 | €17,471 | -€21,670 | -55.4% |
| Taxes | 450/3 | €39,141 | €17,471 | -€21,670 | -55.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €141 | €1,694 | +€1,553 | +1100.0% |
| Other operating charges | 640/8 | €606 | €400 | -€206 | -34.0% |
| Gross operating margin | 9900 | €143,145 | €71,440 | -€71,705 | -50.1% |
| Operating profit (loss) | 9901 | €142,398 | €69,345 | -€73,052 | -51.3% |
| Financial income | 75/76B | €6,973 | €8,558 | +€1,586 | +22.7% |
| Recurring financial income | 75 | €6,973 | €8,558 | +€1,586 | +22.7% |
| Financial charges | 65/66B | €59 | €46 | -€14 | -23.2% |
| Recurring financial charges | 65 | €59 | €46 | -€14 | -23.2% |
| Profit (loss) for the period before taxes | 9903 | €149,311 | €77,858 | -€71,453 | -47.9% |
| Income taxes | 67/77 | €32,797 | €15,859 | -€16,938 | -51.6% |
| Profit (loss) for the period | 9904 | €116,514 | €61,999 | -€54,514 | -46.8% |
| Profit (loss) for the period to be appropriated | 9905 | €116,514 | €61,999 | -€54,514 | -46.8% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.