EMBER: what changed
Two financial 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.
EMBER
Largest movements
- Tangible fixed assets -€183,359
down €183,359 (-5.9%), from €3.1m to €2.9m
of which Land and buildings: -€177,187
- Deferred charges and accrued income -€49,477
down €49,477 (-79.2%), from €62,469 to €12,992
- Revaluation surpluses -€137,500
down €137,500 (-7.1%), from €1.9m to €1.8m
- Reserves +€137,500
up €137,500 (+16.7%), from €825,000 to €962,500
- Profit (loss) carried forward -€136,961
down €136,961 (-6.2%), from -€2.2m to -€2.3m
- Debts after one year -€60,124
down €60,124 (-2.1%), from €2.8m to €2.8m
of which Financial debts: -€60,124
- Other debts +€50,085
up €50,085 (+21.3%), from €235,543 to €285,628
- Gross operating margin -€202,256
down €202,256 (-79.0%), from €255,923 to €53,667
- Financial income +€69,467
up €69,467 (+157,880%), from €44 to €69,511
- Financial charges -€66,763
down €66,763 (-57.4%), from €116,403 to €49,640
- Other operating charges -€13,403
down €13,403 (-34.2%), from €39,218 to €25,815
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.
Derived cash bridge
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 | €3,931,425 | €3,728,226 | -€203,199 | -5.2% |
| Fixed assets | 21/28 | €3,116,170 | €2,932,811 | -€183,359 | -5.9% |
| Tangible fixed assets | 22/27 | €3,115,687 | €2,932,328 | -€183,359 | -5.9% |
| Land and buildings | 22 | €3,075,910 | €2,898,723 | -€177,187 | -5.8% |
| Plant, machinery and equipment | 23 | €542 | - | -€542 | |
| Furniture and vehicles | 24 | €39,235 | €33,605 | -€5,630 | -14.3% |
| Financial fixed assets | 28 | €483 | €483 | = | 0.0% |
| Current assets | 29/58 | €815,255 | €795,415 | -€19,840 | -2.4% |
| Amounts receivable within one year | 40/41 | €751,679 | €782,274 | +€30,595 | +4.1% |
| Other amounts receivable | 41 | €751,679 | €782,274 | +€30,595 | +4.1% |
| Cash at bank and in hand | 54/58 | €1,107 | €149 | -€958 | -86.5% |
| Deferred charges and accrued income | 490/1 | €62,469 | €12,992 | -€49,477 | -79.2% |
| Total equity and liabilities | 10/49 | €3,931,425 | €3,728,226 | -€203,199 | -5.2% |
| Equity | 10/15 | €712,142 | €575,181 | -€136,961 | -19.2% |
| Contributions | 10/11 | €154,933 | €154,933 | = | 0.0% |
| Capital | 10 | €154,933 | - | -€154,933 | |
| Issued capital | 100 | €154,933 | - | -€154,933 | |
| Revaluation surpluses | 12 | €1,925,000 | €1,787,500 | -€137,500 | -7.1% |
| Reserves | 13 | €825,000 | €962,500 | +€137,500 | +16.7% |
| Non-distributable reserves | 130/1 | €825,000 | €962,500 | +€137,500 | +16.7% |
| Other | 1319 | €825,000 | €962,500 | +€137,500 | +16.7% |
| Profit (loss) carried forward | 14 | -€2,192,791 | -€2,329,752 | -€136,961 | -6.2% |
| Amounts payable | 17/49 | €3,219,283 | €3,153,045 | -€66,238 | -2.1% |
| Amounts payable after more than one year | 17 | €2,826,246 | €2,766,122 | -€60,124 | -2.1% |
| Financial debts | 170/4 | €1,639,515 | €1,579,391 | -€60,124 | -3.7% |
| Other amounts payable | 178/9 | €1,186,731 | €1,186,731 | = | 0.0% |
| Amounts payable within one year | 42/48 | €344,271 | €346,923 | +€2,652 | +0.8% |
| Current portion of amounts payable after more than one year | 42 | €108,728 | €60,056 | -€48,672 | -44.8% |
| Financial debts | 43 | - | €1,239 | +€1,239 | |
| Credit institutions | 430/8 | - | €1,239 | +€1,239 | |
| Other amounts payable | 47/48 | €235,543 | €285,628 | +€50,085 | +21.3% |
| Accrued charges and deferred income | 492/3 | €48,766 | €40,000 | -€8,766 | -18.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €183,388 | €184,684 | +€1,296 | +0.7% |
| Other operating charges | 640/8 | €39,218 | €25,815 | -€13,403 | -34.2% |
| Gross operating margin | 9900 | €255,923 | €53,667 | -€202,256 | -79.0% |
| Operating profit (loss) | 9901 | €33,317 | -€156,832 | -€190,149 | |
| Financial income | 75/76B | €44 | €69,511 | +€69,467 | +157,880% |
| Recurring financial income | 75 | €44 | €69,511 | +€69,467 | +157,880% |
| Financial charges | 65/66B | €116,403 | €49,640 | -€66,763 | -57.4% |
| Recurring financial charges | 65 | €116,403 | €49,640 | -€66,763 | -57.4% |
| Profit (loss) for the period before taxes | 9903 | -€83,042 | -€136,961 | -€53,919 | -64.9% |
| Profit (loss) for the period | 9904 | -€83,042 | -€136,961 | -€53,919 | -64.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€83,042 | -€136,961 | -€53,919 | -64.9% |
Source: filed annual accounts (NBB), financial years ended 29 December 2024 and 29 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.