EMATI: 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.
EMATI
Largest movements
- Receivables within one year -€10,515
down €10,515 (-66.4%), from €15,829 to €5,314
of which Trade receivables: -€14,795
- Tangible fixed assets -€10,016
down €10,016 (-45.0%), from €22,257 to €12,241
of which Furniture and vehicles: -€7,562
- Cash -€5,557
down €5,557 (-93.4%), from €5,948 to €392
mainly Other debts (-€12,098) and Current portion of long-term debt (-€4,905)
- Other debts -€12,098
no longer reported in 2025 (was €12,098)
- Current portion of long-term debt -€4,905
down €4,905 (-91.5%), from €5,360 to €456
- Tax, wage and social debts -€4,675
down €4,675 (-79.5%), from €5,880 to €1,206
- Profit (loss) carried forward -€2,984
down €2,984 (-29.5%), from €10,107 to €7,123
- Trade debts -€1,707
down €1,707 (-70.0%), from €2,438 to €731
- Depreciation -€7,650
down €7,650 (-75.7%), from €10,103 to €2,454
- Other operating charges +€3,515
up €3,515 (+176.3%), from €1,993 to €5,508
- Financial income +€1,392
up €1,392 (+156.9%), from €887 to €2,280
- Taxes +€941
up €941 (+356.1%), from €264 to €1,206
- Gross operating margin -€472
down €472 (-8.6%), from €5,490 to €5,018
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 | €44,374 | €17,997 | -€26,377 | -59.4% |
| Fixed assets | 21/28 | €22,257 | €12,241 | -€10,016 | -45.0% |
| Tangible fixed assets | 22/27 | €22,257 | €12,241 | -€10,016 | -45.0% |
| Plant, machinery and equipment | 23 | €700 | €1 | -€699 | -99.9% |
| Furniture and vehicles | 24 | €7,562 | - | -€7,562 | |
| Other tangible fixed assets | 26 | €13,994 | €12,240 | -€1,755 | -12.5% |
| Current assets | 29/58 | €22,118 | €5,757 | -€16,361 | -74.0% |
| Amounts receivable within one year | 40/41 | €15,829 | €5,314 | -€10,515 | -66.4% |
| Trade receivables | 40 | €14,925 | €131 | -€14,795 | -99.1% |
| Other amounts receivable | 41 | €904 | €5,184 | +€4,280 | +473.6% |
| Cash at bank and in hand | 54/58 | €5,948 | €392 | -€5,557 | -93.4% |
| Deferred charges and accrued income | 490/1 | €340 | €51 | -€289 | -85.1% |
| Total equity and liabilities | 10/49 | €44,374 | €17,997 | -€26,377 | -59.4% |
| Equity | 10/15 | €18,162 | €15,178 | -€2,984 | -16.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,855 | €1,855 | = | 0.0% |
| Distributable reserves | 133 | €1,855 | €1,855 | = | 0.0% |
| Profit (loss) carried forward | 14 | €10,107 | €7,123 | -€2,984 | -29.5% |
| Amounts payable | 17/49 | €26,213 | €2,819 | -€23,393 | -89.2% |
| Amounts payable after more than one year | 17 | €436 | - | -€436 | |
| Financial debts | 170/4 | €436 | - | -€436 | |
| Amounts payable within one year | 42/48 | €25,776 | €2,393 | -€23,384 | -90.7% |
| Current portion of amounts payable after more than one year | 42 | €5,360 | €456 | -€4,905 | -91.5% |
| Trade debts | 44 | €2,438 | €731 | -€1,707 | -70.0% |
| Suppliers | 440/4 | €2,438 | €731 | -€1,707 | -70.0% |
| Taxes, remuneration and social security | 45 | €5,880 | €1,206 | -€4,675 | -79.5% |
| Taxes | 450/3 | €5,880 | €1,206 | -€4,675 | -79.5% |
| Other amounts payable | 47/48 | €12,098 | - | -€12,098 | |
| Accrued charges and deferred income | 492/3 | - | €427 | +€427 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,103 | €2,454 | -€7,650 | -75.7% |
| Other operating charges | 640/8 | €1,993 | €5,508 | +€3,515 | +176.3% |
| Gross operating margin | 9900 | €5,490 | €5,018 | -€472 | -8.6% |
| Operating profit (loss) | 9901 | -€6,607 | -€2,943 | +€3,664 | +55.5% |
| Financial income | 75/76B | €887 | €2,280 | +€1,392 | +156.9% |
| Recurring financial income | 75 | €887 | €2,280 | +€1,392 | +156.9% |
| Financial charges | 65/66B | €1,375 | €1,114 | -€261 | -19.0% |
| Recurring financial charges | 65 | €1,375 | €1,114 | -€261 | -19.0% |
| Profit (loss) for the period before taxes | 9903 | -€7,095 | -€1,778 | +€5,317 | +74.9% |
| Income taxes | 67/77 | €264 | €1,206 | +€941 | +356.1% |
| Profit (loss) for the period | 9904 | -€7,359 | -€2,984 | +€4,375 | +59.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€7,359 | -€2,984 | +€4,375 | +59.5% |
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 8 October 2026 via checked.be.