EMBALA: 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.
EMBALA
Largest movements
- Receivables within one year +€1.1m
up €1.1m (+196.1%), from €561,247 to €1.7m
of which Trade receivables: +€1.1m
- Tangible fixed assets -€121,803
down €121,803 (-8.4%), from €1.4m to €1.3m
of which Land and buildings: -€73,136
- Contributions +€2.0m
up €2.0m (+20000.0%), from €10,000 to €2.0m
- Debts after one year -€1.9m
down €1.9m (-40.6%), from €4.8m to €2.8m
- Profit (loss) carried forward +€1.4m
up €1.4m (+58.3%), from -€2.3m to -€965,362
- Other debts +€1.2m
up €1.2m (+348.5%), from €340,000 to €1.5m
- Current portion of long-term debt -€794,153
down €794,153 (-76.5%), from €1.0m to €243,456
- Gross operating margin +€2.6m
up €2.6m (+3715.9%), from €69,824 to €2.7m
- Staff costs -€148,022
down €148,022 (-21.3%), from €696,196 to €548,174
- Depreciation +€95,396
up €95,396 (+22.4%), from €426,362 to €521,758
- Financial charges -€68,462
down €68,462 (-22.6%), from €303,197 to €234,735
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €5,349,108 | €6,438,254 | +€1.1m | +20.4% |
| Fixed assets | 21/28 | €2,804,120 | €2,684,156 | -€119,965 | -4.3% |
| Intangible fixed assets | 21 | €1,356,107 | €1,357,945 | +€1,838 | +0.1% |
| Tangible fixed assets | 22/27 | €1,448,013 | €1,326,211 | -€121,803 | -8.4% |
| Land and buildings | 22 | €1,301,856 | €1,228,720 | -€73,136 | -5.6% |
| Plant, machinery and equipment | 23 | €95,343 | €69,271 | -€26,072 | -27.3% |
| Furniture and vehicles | 24 | €50,815 | €28,220 | -€22,595 | -44.5% |
| Current assets | 29/58 | €2,544,987 | €3,754,098 | +€1.2m | +47.5% |
| Stocks and contracts in progress | 3 | €1,899,393 | €1,954,383 | +€54,990 | +2.9% |
| Stocks | 30/36 | €1,899,393 | €1,954,383 | +€54,990 | +2.9% |
| Amounts receivable within one year | 40/41 | €561,247 | €1,662,003 | +€1.1m | +196.1% |
| Trade receivables | 40 | €561,247 | €1,658,886 | +€1.1m | +195.6% |
| Other amounts receivable | 41 | - | €3,117 | +€3,117 | |
| Cash at bank and in hand | 54/58 | €68,662 | €131,198 | +€62,536 | +91.1% |
| Deferred charges and accrued income | 490/1 | €15,685 | €6,514 | -€9,171 | -58.5% |
| Total equity and liabilities | 10/49 | €5,349,108 | €6,438,254 | +€1.1m | +20.4% |
| Equity | 10/15 | -€2,306,361 | €1,044,638 | +€3.4m | |
| Contributions | 10/11 | €10,000 | €2,010,000 | +€2.0m | +20000.0% |
| Profit (loss) carried forward | 14 | -€2,316,361 | -€965,362 | +€1.4m | +58.3% |
| Amounts payable | 17/49 | €7,655,468 | €5,393,616 | -€2.3m | -29.5% |
| Amounts payable after more than one year | 17 | €4,790,837 | €2,847,381 | -€1.9m | -40.6% |
| Financial debts | 170/4 | €4,790,837 | €2,847,381 | -€1.9m | -40.6% |
| Amounts payable within one year | 42/48 | €2,802,158 | €2,509,670 | -€292,488 | -10.4% |
| Current portion of amounts payable after more than one year | 42 | €1,037,609 | €243,456 | -€794,153 | -76.5% |
| Trade debts | 44 | €1,245,007 | €474,243 | -€770,763 | -61.9% |
| Suppliers | 440/4 | €1,245,007 | €474,243 | -€770,763 | -61.9% |
| Taxes, remuneration and social security | 45 | €179,542 | €266,971 | +€87,429 | +48.7% |
| Taxes | 450/3 | €63,052 | €205,123 | +€142,070 | +225.3% |
| Remuneration and social security | 454/9 | €116,490 | €61,849 | -€54,642 | -46.9% |
| Other amounts payable | 47/48 | €340,000 | €1,525,000 | +€1.2m | +348.5% |
| Accrued charges and deferred income | 492/3 | €62,474 | €36,565 | -€25,909 | -41.5% |
| Non-recurring operating income | 76A | €0 | €1,360,000 | +€1.4m | |
| Remuneration, social security and pensions | 62 | €696,196 | €548,174 | -€148,022 | -21.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €426,362 | €521,758 | +€95,396 | +22.4% |
| Other operating charges | 640/8 | €13,726 | €8,098 | -€5,629 | -41.0% |
| Gross operating margin | 9900 | €69,824 | €2,664,404 | +€2.6m | +3715.9% |
| Operating profit (loss) | 9901 | -€1,066,461 | €1,586,375 | +€2.7m | |
| Financial income | 75/76B | €9,494 | €0 | -€9,494 | -100.0% |
| Recurring financial income | 75 | €9,494 | €0 | -€9,494 | -100.0% |
| Financial charges | 65/66B | €303,197 | €234,735 | -€68,462 | -22.6% |
| Recurring financial charges | 65 | €303,197 | €234,735 | -€68,462 | -22.6% |
| Profit (loss) for the period before taxes | 9903 | -€1,360,164 | €1,351,640 | +€2.7m | |
| Income taxes | 67/77 | €679 | €641 | -€38 | -5.6% |
| Profit (loss) for the period | 9904 | -€1,360,843 | €1,350,998 | +€2.7m | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,360,843 | €1,350,998 | +€2.7m |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2025 and 30 June 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.