EMBCO: 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.
EMBCO
Largest movements
- Cash +€292,491
up €292,491 (+89.6%), from €326,574 to €619,065
mainly Net result for the year (+€379,836) and Depreciation (+€20,236)
- Tangible fixed assets +€69,881
up €69,881 (+1077.3%), from €6,487 to €76,367
of which Furniture and vehicles: +€72,241
- Reserves +€379,836
up €379,836 (+117.7%), from €322,603 to €702,439
- Tax, wage and social debts -€11,180
down €11,180 (-54.8%), from €20,404 to €9,224
- Gross operating margin +€384,123
up €384,123 (+202.4%), from €189,790 to €573,913
- Taxes +€120,793
up €120,793 (+217.2%), from €55,604 to €176,398
- Depreciation +€17,987
up €17,987 (+799.5%), from €2,250 to €20,236
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 | €347,298 | €716,924 | +€369,626 | +106.4% |
| Fixed assets | 21/28 | €6,487 | €76,367 | +€69,881 | +1077.3% |
| Tangible fixed assets | 22/27 | €6,487 | €76,367 | +€69,881 | +1077.3% |
| Land and buildings | 22 | €6,487 | €4,126 | -€2,361 | -36.4% |
| Furniture and vehicles | 24 | - | €72,241 | +€72,241 | |
| Current assets | 29/58 | €340,811 | €640,557 | +€299,745 | +88.0% |
| Amounts receivable within one year | 40/41 | €14,238 | €19,574 | +€5,336 | +37.5% |
| Trade receivables | 40 | €14,238 | €19,574 | +€5,336 | +37.5% |
| Cash at bank and in hand | 54/58 | €326,574 | €619,065 | +€292,491 | +89.6% |
| Deferred charges and accrued income | 490/1 | - | €1,919 | +€1,919 | |
| Total equity and liabilities | 10/49 | €347,298 | €716,924 | +€369,626 | +106.4% |
| Equity | 10/15 | €322,853 | €702,689 | +€379,836 | +117.6% |
| Contributions | 10/11 | €250 | €250 | = | 0.0% |
| Reserves | 13 | €322,603 | €702,439 | +€379,836 | +117.7% |
| Distributable reserves | 133 | €322,603 | €702,439 | +€379,836 | +117.7% |
| Amounts payable | 17/49 | €24,445 | €14,235 | -€10,210 | -41.8% |
| Amounts payable within one year | 42/48 | €24,445 | €14,235 | -€10,210 | -41.8% |
| Trade debts | 44 | €120 | €1,796 | +€1,676 | +1396.8% |
| Suppliers | 440/4 | €120 | €1,796 | +€1,676 | +1396.8% |
| Taxes, remuneration and social security | 45 | €20,404 | €9,224 | -€11,180 | -54.8% |
| Taxes | 450/3 | €20,404 | €9,224 | -€11,180 | -54.8% |
| Other amounts payable | 47/48 | €3,921 | €3,215 | -€706 | -18.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,250 | €20,236 | +€17,987 | +799.5% |
| Other operating charges | 640/8 | €2,117 | €181 | -€1,936 | -91.4% |
| Gross operating margin | 9900 | €189,790 | €573,913 | +€384,123 | +202.4% |
| Operating profit (loss) | 9901 | €185,423 | €553,495 | +€368,072 | +198.5% |
| Financial income | 75/76B | €1 | €3,092 | +€3,091 | +347274.2% |
| Recurring financial income | 75 | €1 | €3,092 | +€3,091 | +347274.2% |
| Financial charges | 65/66B | €360 | €353 | -€7 | -2.1% |
| Recurring financial charges | 65 | €360 | €353 | -€7 | -2.1% |
| Profit (loss) for the period before taxes | 9903 | €185,063 | €556,234 | +€371,170 | +200.6% |
| Income taxes | 67/77 | €55,604 | €176,398 | +€120,793 | +217.2% |
| Profit (loss) for the period | 9904 | €129,459 | €379,836 | +€250,377 | +193.4% |
| Profit (loss) for the period to be appropriated | 9905 | €129,459 | €379,836 | +€250,377 | +193.4% |
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 5 October 2026 via checked.be.