EMAKO: 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.
EMAKO
Largest movements
- Cash +€8,323
up €8,323 (+9.2%), from €90,773 to €99,096
mainly Other debts (+€16,845) and Net result for the year (+€8,150)
- Other debts +€16,845
up €16,845 (+165%), from €10,193 to €27,038
- Reserves -€9,582
down €9,582 (-7.0%), from €137,390 to €127,808
- Gross operating margin -€477
down €477 (-3.0%), from €15,724 to €15,246
- Taxes -€290
down €290 (-7.1%), from €4,093 to €3,803
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 | €167,533 | €175,397 | +€7,865 | +4.7% |
| Fixed assets | 21/28 | €76,302 | €76,302 | = | 0.0% |
| Tangible fixed assets | 22/27 | €76,302 | €76,302 | = | 0.0% |
| Land and buildings | 22 | €76,302 | €76,302 | = | 0.0% |
| Current assets | 29/58 | €91,231 | €99,096 | +€7,865 | +8.6% |
| Amounts receivable within one year | 40/41 | €459 | €0 | -€459 | -100% |
| Other amounts receivable | 41 | €459 | €0 | -€459 | -100% |
| Cash at bank and in hand | 54/58 | €90,773 | €99,096 | +€8,323 | +9.2% |
| Total equity and liabilities | 10/49 | €167,533 | €175,397 | +€7,865 | +4.7% |
| Equity | 10/15 | €155,990 | €146,408 | -€9,582 | -6.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €137,390 | €127,808 | -€9,582 | -7.0% |
| Distributable reserves | 133 | €137,390 | €127,808 | -€9,582 | -7.0% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €11,543 | €28,990 | +€17,446 | +151% |
| Amounts payable within one year | 42/48 | €11,543 | €28,990 | +€17,446 | +151% |
| Trade debts | 44 | €490 | €934 | +€444 | +90.7% |
| Suppliers | 440/4 | €490 | €934 | +€444 | +90.7% |
| Taxes, remuneration and social security | 45 | €860 | €1,018 | +€157 | +18.3% |
| Taxes | 450/3 | €860 | €1,018 | +€157 | +18.3% |
| Other amounts payable | 47/48 | €10,193 | €27,038 | +€16,845 | +165% |
| Other operating charges | 640/8 | €3,723 | €3,837 | +€114 | +3.1% |
| Gross operating margin | 9900 | €15,724 | €15,246 | -€477 | -3.0% |
| Operating profit (loss) | 9901 | €12,000 | €11,410 | -€591 | -4.9% |
| Financial income | 75/76B | €728 | €573 | -€154 | -21.2% |
| Recurring financial income | 75 | €728 | €573 | -€154 | -21.2% |
| Financial charges | 65/66B | €30 | €30 | = | 0.0% |
| Recurring financial charges | 65 | €30 | €30 | = | 0.0% |
| Profit (loss) for the period before taxes | 9903 | €12,698 | €11,953 | -€745 | -5.9% |
| Income taxes | 67/77 | €4,093 | €3,803 | -€290 | -7.1% |
| Profit (loss) for the period | 9904 | €8,605 | €8,150 | -€455 | -5.3% |
| Profit (loss) for the period to be appropriated | 9905 | €8,605 | €8,150 | -€455 | -5.3% |
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 14 October 2026 via checked.be.