Emaway: 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.
Emaway
Largest movements
- Current investments +€25,208
up €25,208 (+76.0%), from €33,152 to €58,360
- Receivables within one year -€14,247
down €14,247 (-74.6%), from €19,086 to €4,840
of which Trade receivables: -€14,293
- Cash -€4,088
down €4,088 (-44.6%), from €9,162 to €5,074
mainly Current investments (-€25,208) and Tax, wage and social debts (-€7,222)
- Tangible fixed assets -€1,402
down €1,402 (-26.7%), from €5,247 to €3,845
of which Furniture and vehicles: -€1,037
- Profit (loss) carried forward +€13,636
up €13,636 (+26.8%), from €50,846 to €64,482
- Tax, wage and social debts -€7,222
down €7,222 (-65.1%), from €11,093 to €3,871
of which Taxes: -€4,971
- Trade debts -€1,320
down €1,320 (-44.7%), from €2,953 to €1,633
- Gross operating margin -€3,785
down €3,785 (-14.8%), from €25,641 to €21,856
- Taxes -€1,059
down €1,059 (-21.2%), from €4,992 to €3,933
- Staff costs +€496
up €496 (+38.0%), from €1,306 to €1,802
- Financial charges +€481
up €481 (+86.1%), from €558 to €1,039
- Depreciation +€385
up €385 (+37.8%), from €1,017 to €1,402
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 | €66,932 | €72,443 | +€5,511 | +8.2% |
| Fixed assets | 21/28 | €5,247 | €3,845 | -€1,402 | -26.7% |
| Tangible fixed assets | 22/27 | €5,247 | €3,845 | -€1,402 | -26.7% |
| Furniture and vehicles | 24 | €2,459 | €1,422 | -€1,037 | -42.2% |
| Other tangible fixed assets | 26 | €2,787 | €2,423 | -€365 | -13.1% |
| Current assets | 29/58 | €61,685 | €68,598 | +€6,913 | +11.2% |
| Amounts receivable within one year | 40/41 | €19,086 | €4,840 | -€14,247 | -74.6% |
| Trade receivables | 40 | €18,323 | €4,030 | -€14,293 | -78.0% |
| Other amounts receivable | 41 | €764 | €810 | +€46 | +6.1% |
| Current investments | 50/53 | €33,152 | €58,360 | +€25,208 | +76.0% |
| Cash at bank and in hand | 54/58 | €9,162 | €5,074 | -€4,088 | -44.6% |
| Deferred charges and accrued income | 490/1 | €285 | €325 | +€40 | +14.1% |
| Total equity and liabilities | 10/49 | €66,932 | €72,443 | +€5,511 | +8.2% |
| Equity | 10/15 | €52,846 | €66,482 | +€13,636 | +25.8% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €50,846 | €64,482 | +€13,636 | +26.8% |
| Amounts payable | 17/49 | €14,086 | €5,960 | -€8,125 | -57.7% |
| Amounts payable within one year | 42/48 | €14,086 | €5,943 | -€8,143 | -57.8% |
| Trade debts | 44 | €2,953 | €1,633 | -€1,320 | -44.7% |
| Suppliers | 440/4 | €2,953 | €1,633 | -€1,320 | -44.7% |
| Taxes, remuneration and social security | 45 | €11,093 | €3,871 | -€7,222 | -65.1% |
| Taxes | 450/3 | €8,842 | €3,871 | -€4,971 | -56.2% |
| Remuneration and social security | 454/9 | €2,251 | €0 | -€2,251 | -100.0% |
| Other amounts payable | 47/48 | €40 | €438 | +€398 | +1001.5% |
| Accrued charges and deferred income | 492/3 | - | €18 | +€18 | |
| Non-recurring operating income | 76A | €11 | €0 | -€11 | -100.0% |
| Remuneration, social security and pensions | 62 | €1,306 | €1,802 | +€496 | +38.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,017 | €1,402 | +€385 | +37.8% |
| Other operating charges | 640/8 | €433 | €400 | -€34 | -7.8% |
| Gross operating margin | 9900 | €25,641 | €21,856 | -€3,785 | -14.8% |
| Operating profit (loss) | 9901 | €22,884 | €18,252 | -€4,632 | -20.2% |
| Financial income | 75/76B | €222 | €356 | +€134 | +60.3% |
| Recurring financial income | 75 | €222 | €356 | +€134 | +60.3% |
| Financial charges | 65/66B | €558 | €1,039 | +€481 | +86.1% |
| Recurring financial charges | 65 | €558 | €1,039 | +€481 | +86.1% |
| Profit (loss) for the period before taxes | 9903 | €22,548 | €17,569 | -€4,979 | -22.1% |
| Income taxes | 67/77 | €4,992 | €3,933 | -€1,059 | -21.2% |
| Profit (loss) for the period | 9904 | €17,556 | €13,636 | -€3,920 | -22.3% |
| Profit (loss) for the period to be appropriated | 9905 | €17,556 | €13,636 | -€3,920 | -22.3% |
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 2 October 2026 via checked.be.