Emandendi Enterprises: what changed
What changed
Emandendi Enterprises
NACE 64.210, Activities of holding companies
filed annual accounts (NBB)
Net result for the year
€220,521
2024 · -€50,208+€270,730
Equity
€44.6m
2024 · €44.3m+€220,521
Cash
€685
2024 · €497+€188
Balance sheet total
€63.3m
2024 · €53.1m+€10.1m
Largest movements
Assets
- Receivables within one year +€10.2m
up €10.2m (+128%), from €7.9m to €18.1m
Equity and liabilities
- Other debts +€9.9m
up €9.9m (+113%), from €8.8m to €18.7m
Income statement
No income-statement line moved by more than 1% of the activity.
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
-€50,208
Other operating charges
-€33
Other operating items
+€12,616
Financial income
+€545,748
Financial charges
-€287,601
Result 2025
€220,521
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
-€109,812
Investment
+€110,000
Financing
€0
Cash 2024
€497
From operations (derived)
-€109,812
Net result for the year
+€220,521
Depreciation
+€979
Receivables after one year
-€50,000
Receivables within one year
-€10.2m
Smaller working-capital items
+€507
Other debts
+€9.9m
Investment (derived)
+€110,000
Current investments
+€110,000
Cash 2025
€685
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €53,139,992 | €63,268,529 | +€10.1m | +19.1% |
| Fixed assets | 21/28 | €45,088,643 | €45,087,664 | -€979 | 0.0% |
| Intangible fixed assets | 21 | €3,360 | €2,381 | -€979 | -29.1% |
| Financial fixed assets | 28 | €45,085,283 | €45,085,283 | = | 0.0% |
| Affiliated companies | 280/1 | €45,085,283 | €45,085,283 | = | 0.0% |
| Participating interests | 280 | €45,085,283 | €45,085,283 | = | 0.0% |
| Current assets | 29/58 | €8,051,349 | €18,180,864 | +€10.1m | +126% |
| Amounts receivable after more than one year | 29 | - | €50,000 | +€50,000 | |
| Other amounts receivable | 291 | - | €50,000 | +€50,000 | |
| Amounts receivable within one year | 40/41 | €7,940,852 | €18,130,180 | +€10.2m | +128% |
| Other amounts receivable | 41 | €7,940,852 | €18,130,180 | +€10.2m | +128% |
| Current investments | 50/53 | €110,000 | - | -€110,000 | |
| Other investments | 51/53 | €110,000 | - | -€110,000 | |
| Cash at bank and in hand | 54/58 | €497 | €685 | +€188 | +37.7% |
| Total equity and liabilities | 10/49 | €53,139,992 | €63,268,529 | +€10.1m | +19.1% |
| Equity | 10/15 | €44,335,748 | €44,556,269 | +€220,521 | +0.5% |
| Contributions | 10/11 | €45,085,283 | €45,085,283 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€749,535 | -€529,014 | +€220,521 | +29.4% |
| Amounts payable | 17/49 | €8,804,245 | €18,712,259 | +€9.9m | +113% |
| Amounts payable within one year | 42/48 | €8,804,245 | €18,712,216 | +€9.9m | +113% |
| Trade debts | 44 | €1,007 | €1,470 | +€464 | +46.1% |
| Suppliers | 440/4 | €1,007 | €1,470 | +€464 | +46.1% |
| Other amounts payable | 47/48 | €8,803,238 | €18,710,746 | +€9.9m | +113% |
| Accrued charges and deferred income | 492/3 | - | €43 | +€43 | |
| Operating income | 70/76A | - | €12,552 | +€12,552 | |
| Non-recurring operating income | 76A | - | €12,552 | +€12,552 | |
| Operating charges | 60/66A | €4,410 | €4,379 | -€31 | -0.7% |
| Services and other goods | 61 | €2,345 | €2,281 | -€64 | -2.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €979 | €979 | = | 0.0% |
| Other operating charges | 640/8 | €1,086 | €1,118 | +€33 | +3.0% |
| Operating profit (loss) | 9901 | -€4,410 | €8,173 | +€12,583 | |
| Financial income | 75/76B | €265,862 | €811,610 | +€545,748 | +205% |
| Recurring financial income | 75 | €265,862 | €562,564 | +€296,702 | +112% |
| Income from current assets | 751 | €265,862 | €562,564 | +€296,702 | +112% |
| Non-recurring financial income | 76B | - | €249,046 | +€249,046 | |
| Financial charges | 65/66B | €311,661 | €599,262 | +€287,601 | +92.3% |
| Recurring financial charges | 65 | €311,661 | €599,262 | +€287,601 | +92.3% |
| Debt charges | 650 | €311,067 | €598,598 | +€287,531 | +92.4% |
| Other financial charges | 652/9 | €594 | €664 | +€70 | +11.7% |
| Profit (loss) for the period before taxes | 9903 | -€50,208 | €220,521 | +€270,730 | |
| Profit (loss) for the period | 9904 | -€50,208 | €220,521 | +€270,730 | |
| Profit (loss) for the period to be appropriated | 9905 | -€50,208 | €220,521 | +€270,730 |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.