EMASIM: 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.
EMASIM
Largest movements
- Tangible fixed assets -€5,252
down €5,252 (-3.7%), from €143,269 to €138,017
- Receivables within one year -€2,125
no longer reported in 2025 (was €2,125)
- Profit (loss) carried forward -€12,854
down €12,854 (-13.6%), from -€94,527 to -€107,381
- Other debts +€7,319
up €7,319 (+3.2%), from €227,945 to €235,264
- Gross operating margin -€1,010
down €1,010 (-18.0%), from -€5,610 to -€6,619
- Other operating charges +€307
up €307 (+57.7%), from €533 to €841
- Financial charges +€85
up €85 (+148.2%), from €57 to €142
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 | €145,988 | €139,759 | -€6,229 | -4.3% |
| Fixed assets | 21/28 | €143,769 | €138,517 | -€5,252 | -3.7% |
| Tangible fixed assets | 22/27 | €143,269 | €138,017 | -€5,252 | -3.7% |
| Land and buildings | 22 | €143,269 | €138,017 | -€5,252 | -3.7% |
| Financial fixed assets | 28 | €500 | €500 | = | 0.0% |
| Current assets | 29/58 | €2,219 | €1,242 | -€977 | -44.0% |
| Amounts receivable within one year | 40/41 | €2,125 | - | -€2,125 | |
| Other amounts receivable | 41 | €2,125 | - | -€2,125 | |
| Cash at bank and in hand | 54/58 | €68 | €1,242 | +€1,173 | +1716.0% |
| Deferred charges and accrued income | 490/1 | €25 | - | -€25 | |
| Total equity and liabilities | 10/49 | €145,988 | €139,759 | -€6,229 | -4.3% |
| Equity | 10/15 | -€88,327 | -€101,181 | -€12,854 | -14.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€94,527 | -€107,381 | -€12,854 | -13.6% |
| Amounts payable | 17/49 | €234,315 | €240,940 | +€6,625 | +2.8% |
| Amounts payable within one year | 42/48 | €234,315 | €240,940 | +€6,625 | +2.8% |
| Trade debts | 44 | €6,363 | €5,676 | -€688 | -10.8% |
| Suppliers | 440/4 | €6,363 | €5,676 | -€688 | -10.8% |
| Taxes, remuneration and social security | 45 | €6 | - | -€6 | |
| Taxes | 450/3 | €6 | - | -€6 | |
| Other amounts payable | 47/48 | €227,945 | €235,264 | +€7,319 | +3.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,252 | €5,252 | = | 0.0% |
| Other operating charges | 640/8 | €533 | €841 | +€307 | +57.7% |
| Gross operating margin | 9900 | -€5,610 | -€6,619 | -€1,010 | -18.0% |
| Operating profit (loss) | 9901 | -€11,395 | -€12,712 | -€1,317 | -11.6% |
| Financial charges | 65/66B | €57 | €142 | +€85 | +148.2% |
| Recurring financial charges | 65 | €57 | €142 | +€85 | +148.2% |
| Profit (loss) for the period before taxes | 9903 | -€11,452 | -€12,854 | -€1,402 | -12.2% |
| Profit (loss) for the period | 9904 | -€11,452 | -€12,854 | -€1,402 | -12.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€11,452 | -€12,854 | -€1,402 | -12.2% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.