Emaco: what changed
Two fiscal 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.
Emaco
Largest movements
No asset line moved by more than 1% of the balance sheet total.
- Profit (loss) carried forward -€1,344
down €1,344 (-15.0%), from -€8,963 to -€10,307
- Trade debts +€1,274
up €1,274 (+74.2%), from €1,717 to €2,991
- Gross operating margin +€5,381
up €5,381 (+45.1%), from €11,923 to €17,304
- Staff costs +€2,641
up €2,641 (+16.6%), from €15,867 to €18,508
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 | €43,314 | €43,262 | -€51 | -0.1% |
| Current assets | 29/58 | €43,314 | €43,262 | -€51 | -0.1% |
| Amounts receivable within one year | 40/41 | €13,128 | €12,929 | -€200 | -1.5% |
| Trade receivables | 40 | €13,128 | €12,929 | -€200 | -1.5% |
| Cash at bank and in hand | 54/58 | €29,881 | €30,024 | +€143 | +0.5% |
| Deferred charges and accrued income | 490/1 | €304 | €309 | +€5 | +1.6% |
| Total equity and liabilities | 10/49 | €43,314 | €43,262 | -€51 | -0.1% |
| Equity | 10/15 | €32,881 | €31,537 | -€1,344 | -4.1% |
| Contributions | 10/11 | €6,205 | €6,205 | = | 0.0% |
| Reserves | 13 | €35,638 | €35,638 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €33,778 | €33,778 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€8,963 | -€10,307 | -€1,344 | -15.0% |
| Amounts payable | 17/49 | €10,433 | €11,726 | +€1,293 | +12.4% |
| Amounts payable within one year | 42/48 | €10,133 | €11,426 | +€1,293 | +12.8% |
| Trade debts | 44 | €1,717 | €2,991 | +€1,274 | +74.2% |
| Suppliers | 440/4 | €1,717 | €2,991 | +€1,274 | +74.2% |
| Taxes, remuneration and social security | 45 | €7,071 | €7,090 | +€19 | +0.3% |
| Taxes | 450/3 | €3,806 | €3,627 | -€178 | -4.7% |
| Remuneration and social security | 454/9 | €3,265 | €3,463 | +€197 | +6.0% |
| Other amounts payable | 47/48 | €1,345 | €1,345 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €300 | €300 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €15,867 | €18,508 | +€2,641 | +16.6% |
| Gross operating margin | 9900 | €11,923 | €17,304 | +€5,381 | +45.1% |
| Operating profit (loss) | 9901 | -€3,944 | -€1,204 | +€2,740 | +69.5% |
| Financial charges | 65/66B | €25 | €140 | +€115 | +461.3% |
| Recurring financial charges | 65 | €25 | €140 | +€115 | +461.3% |
| Profit (loss) for the period before taxes | 9903 | -€3,969 | -€1,344 | +€2,625 | +66.1% |
| Profit (loss) for the period | 9904 | -€3,969 | -€1,344 | +€2,625 | +66.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,969 | -€1,344 | +€2,625 | +66.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.