EMA TRANSPORT: 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 TRANSPORT
Largest movements
- Cash +€38,263
up €38,263 (+1,874%), from €2,042 to €40,305
mainly Net result for the year (+€21,820) and Other debts (+€12,052)
- Tangible fixed assets -€6,134
down €6,134 (-25.5%), from €24,027 to €17,892
- Receivables within one year +€5,521
up €5,521 (+97.9%), from €5,638 to €11,159
- Deferred charges and accrued income -€5,430
no longer reported in 2025 (was €5,430)
- Profit (loss) carried forward +€21,820
up €21,820, from -€1,726 to €20,094
- Other debts +€12,052
up €12,052 (+166%), from €7,273 to €19,324
- Tax, wage and social debts -€2,822
down €2,822 (-26.8%), from €10,521 to €7,698
of which Remuneration and social security: -€2,994
- Trade debts +€1,171
up €1,171 (+168%), from €697 to €1,868
- Gross operating margin +€17,132
up €17,132 (+36.8%), from €46,593 to €63,726
- Other operating charges +€1,618
up €1,618 (+82.1%), from €1,970 to €3,587
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 | €37,216 | €69,436 | +€32,220 | +86.6% |
| Fixed assets | 21/28 | €24,107 | €17,972 | -€6,134 | -25.4% |
| Tangible fixed assets | 22/27 | €24,027 | €17,892 | -€6,134 | -25.5% |
| Furniture and vehicles | 24 | €24,027 | €17,892 | -€6,134 | -25.5% |
| Financial fixed assets | 28 | €80 | €80 | = | 0.0% |
| Current assets | 29/58 | €13,109 | €51,463 | +€38,354 | +293% |
| Amounts receivable within one year | 40/41 | €5,638 | €11,159 | +€5,521 | +97.9% |
| Trade receivables | 40 | €5,638 | €11,159 | +€5,521 | +97.9% |
| Cash at bank and in hand | 54/58 | €2,042 | €40,305 | +€38,263 | +1,874% |
| Deferred charges and accrued income | 490/1 | €5,430 | - | -€5,430 | |
| Total equity and liabilities | 10/49 | €37,216 | €69,436 | +€32,220 | +86.6% |
| Equity | 10/15 | €18,725 | €40,545 | +€21,820 | +117% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Contributions outside capital | 11 | €18,592 | €18,592 | = | 0.0% |
| Other | 1109/19 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €1,859 | €1,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,726 | €20,094 | +€21,820 | |
| Amounts payable | 17/49 | €18,490 | €28,891 | +€10,400 | +56.2% |
| Amounts payable within one year | 42/48 | €18,490 | €28,891 | +€10,400 | +56.2% |
| Trade debts | 44 | €697 | €1,868 | +€1,171 | +168% |
| Suppliers | 440/4 | €697 | €1,868 | +€1,171 | +168% |
| Taxes, remuneration and social security | 45 | €10,521 | €7,698 | -€2,822 | -26.8% |
| Taxes | 450/3 | €459 | €631 | +€171 | +37.4% |
| Remuneration and social security | 454/9 | €10,062 | €7,068 | -€2,994 | -29.8% |
| Other amounts payable | 47/48 | €7,273 | €19,324 | +€12,052 | +166% |
| Non-recurring operating income | 76A | €2,066 | €4,777 | +€2,711 | +131% |
| Remuneration, social security and pensions | 62 | €31,932 | €31,610 | -€322 | -1.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,134 | €6,134 | = | 0.0% |
| Other operating charges | 640/8 | €1,970 | €3,587 | +€1,618 | +82.1% |
| Gross operating margin | 9900 | €46,593 | €63,726 | +€17,132 | +36.8% |
| Operating profit (loss) | 9901 | €6,557 | €22,394 | +€15,837 | +242% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €376 | €574 | +€199 | +52.9% |
| Recurring financial charges | 65 | €376 | €574 | +€199 | +52.9% |
| Profit (loss) for the period before taxes | 9903 | €6,182 | €21,820 | +€15,638 | +253% |
| Profit (loss) for the period | 9904 | €6,182 | €21,820 | +€15,638 | +253% |
| Profit (loss) for the period to be appropriated | 9905 | €6,182 | €21,820 | +€15,638 | +253% |
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 30 October 2026 via checked.be.