EMB CONSULTING: 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.
What changed
EMB CONSULTING
NACE 70.200, Business and other management consultancy
fiscal year 2022 against 2023filed annual accounts (NBB)
Net result for the year
€614
2022 · €2,389-€1,775
Equity
€71,213
2022 · €70,599+€614
Cash
-
2022 · €7,005-€7,005
Balance sheet total
€1.5m
2022 · €1.6m-€47,958
Largest movements
Assets
- Tangible fixed assets -€150,211
down €150,211 (-9.9%), from €1.5m to €1.4m
- Receivables within one year +€108,566
up €108,566 (+199.4%), from €54,440 to €163,007
of which Other amounts receivable: +€82,129
Equity and liabilities
- Advances received -€34,040
no longer reported in 2023 (was €34,040)
Income statement
- Purchases and services -€121,509
no longer reported in 2023 (was €121,509)
- Other operating charges +€6,071
up €6,071 (+48.6%), from €12,490 to €18,561
- Financial charges -€5,450
down €5,450 (-18.1%), from €30,065 to €24,615
From the 2022 result to the 2023 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.
Result 2022
€2,389
Gross operating margin
+€452
Depreciation
-€973
Other operating charges
-€6,071
Financial income
-€3
Financial charges
+€5,450
Taxes
-€630
Result 2023
€614
Cash bridge derived
Derived from the 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
From operations
-€3,447
Investment
-€13,241
Financing
+€9,684
Cash 2022
€7,005
From operations (derived)
-€3,447
Net result for the year
+€614
Depreciation
+€163,273
Receivables within one year
-€108,566
Deferred charges and accrued income
-€512
Trade debts
-€8,252
Tax, wage and social debts
-€9,843
Advances received
-€34,040
Other debts
-€6,121
Investment (derived)
-€13,241
Investment in fixed assets (net)
-€13,241
Financing
+€9,684
Debts after one year
-€735
Current portion of long-term debt
+€6,370
Short-term financial debts
+€4,050
Cash 2023
€0
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,587,223 | €1,539,265 | -€47,958 | -3.0% |
| Fixed assets | 21/28 | €1,525,703 | €1,375,671 | -€150,031 | -9.8% |
| Tangible fixed assets | 22/27 | €1,524,703 | €1,374,491 | -€150,211 | -9.9% |
| Land and buildings | 22 | €933,578 | €900,789 | -€32,789 | -3.5% |
| Plant, machinery and equipment | 23 | €930 | €1,568 | +€638 | +68.6% |
| Furniture and vehicles | 24 | €77,370 | €24,669 | -€52,701 | -68.1% |
| Other tangible fixed assets | 26 | €512,825 | €447,465 | -€65,360 | -12.7% |
| Financial fixed assets | 28 | €1,000 | €1,180 | +€180 | +18.0% |
| Current assets | 29/58 | €61,520 | €163,594 | +€102,073 | +165.9% |
| Amounts receivable within one year | 40/41 | €54,440 | €163,007 | +€108,566 | +199.4% |
| Trade receivables | 40 | €54,440 | €80,877 | +€26,437 | +48.6% |
| Other amounts receivable | 41 | - | €82,129 | +€82,129 | |
| Cash at bank and in hand | 54/58 | €7,005 | - | -€7,005 | |
| Deferred charges and accrued income | 490/1 | €75 | €587 | +€512 | +678.6% |
| Total equity and liabilities | 10/49 | €1,587,223 | €1,539,265 | -€47,958 | -3.0% |
| Equity | 10/15 | €70,599 | €71,213 | +€614 | +0.9% |
| Contributions | 10/11 | €128,600 | €128,600 | = | 0.0% |
| Reserves | 13 | €7,422 | €7,422 | = | 0.0% |
| Tax-exempt reserves | 132 | €7,422 | €7,422 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€65,423 | -€64,809 | +€614 | +0.9% |
| Amounts payable | 17/49 | €1,516,624 | €1,468,052 | -€48,572 | -3.2% |
| Amounts payable after more than one year | 17 | €1,328,670 | €1,327,934 | -€735 | -0.1% |
| Financial debts | 170/4 | €1,328,670 | €1,327,934 | -€735 | -0.1% |
| Amounts payable within one year | 42/48 | €187,955 | €140,118 | -€47,837 | -25.5% |
| Current portion of amounts payable after more than one year | 42 | €5,282 | €11,652 | +€6,370 | +120.6% |
| Financial debts | 43 | €35,003 | €39,053 | +€4,050 | +11.6% |
| Credit institutions | 430/8 | €35,003 | €39,053 | +€4,050 | +11.6% |
| Trade debts | 44 | €11,327 | €3,074 | -€8,252 | -72.9% |
| Suppliers | 440/4 | €11,327 | €3,074 | -€8,252 | -72.9% |
| Advances received on contracts in progress | 46 | €34,040 | - | -€34,040 | |
| Taxes, remuneration and social security | 45 | €96,181 | €86,338 | -€9,843 | -10.2% |
| Taxes | 450/3 | €96,181 | €86,338 | -€9,843 | -10.2% |
| Other amounts payable | 47/48 | €6,121 | - | -€6,121 | |
| Goods, raw materials, services and sundry goods | 60/61 | €121,509 | - | -€121,509 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €162,300 | €163,273 | +€973 | +0.6% |
| Other operating charges | 640/8 | €12,490 | €18,561 | +€6,071 | +48.6% |
| Gross operating margin | 9900 | €207,273 | €207,725 | +€452 | +0.2% |
| Operating profit (loss) | 9901 | €32,483 | €25,891 | -€6,592 | -20.3% |
| Financial income | 75/76B | €4 | €1 | -€3 | -74.9% |
| Recurring financial income | 75 | €4 | €1 | -€3 | -74.9% |
| Financial charges | 65/66B | €30,065 | €24,615 | -€5,450 | -18.1% |
| Recurring financial charges | 65 | €30,065 | €24,615 | -€5,450 | -18.1% |
| Profit (loss) for the period before taxes | 9903 | €2,422 | €1,277 | -€1,145 | -47.3% |
| Income taxes | 67/77 | €33 | €663 | +€630 | +1887.5% |
| Profit (loss) for the period | 9904 | €2,389 | €614 | -€1,775 | -74.3% |
| Profit (loss) for the period to be appropriated | 9905 | €2,389 | €614 | -€1,775 | -74.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2022 and 31 March 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.