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Embla & Ask: 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

Embla & Ask

BE 0786.928.732
NACE 73.300, Public relations and communication consultancy
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
€59,199
2023 · €94,043-€34,844
Equity
€155,742
2023 · €96,543+€59,199
Cash
€46,655
2023 · €56,985-€10,330
Balance sheet total
€214,814
2023 · €185,150+€29,664

Largest movements

2023 to 2024
Assets
  • Current investments +€40,000

    up €40,000 (+80.0%), from €50,000 to €90,000

  • Receivables within one year +€13,498

    up €13,498 (+83.3%), from €16,205 to €29,704

    of which Other amounts receivable: +€10,015

  • Tangible fixed assets -€12,728

    down €12,728 (-21.7%), from €58,673 to €45,945

    of which Furniture and vehicles: -€14,828

  • Cash -€10,330

    down €10,330 (-18.1%), from €56,985 to €46,655

    mainly Current investments (-€40,000) and Debts after one year (-€14,538)

Equity and liabilities
  • Profit (loss) carried forward +€59,199

    up €59,199 (+62.9%), from €94,043 to €153,242

  • Debts after one year -€14,538

    down €14,538 (-34.1%), from €42,607 to €28,069

  • Tax, wage and social debts -€11,644

    down €11,644 (-44.1%), from €26,411 to €14,766

Income statement
  • Gross operating margin -€48,380

    down €48,380 (-34.1%), from €141,703 to €93,324

  • Taxes -€9,198

    down €9,198 (-35.7%), from €25,751 to €16,553

  • Depreciation -€3,332

    down €3,332 (-17.6%), from €18,983 to €15,651

From the 2023 result to the 2024 result

effect on the 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 2023 €94,043
Gross operating margin -€48,380
Depreciation +€3,332
Other operating charges -€270
Financial income +€1,018
Financial charges +€257
Taxes +€9,198
Result 2024 €59,199

Cash bridge derived

cash 2023 to 2024

Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.

From operations +€46,611
Investment -€42,923
Financing -€14,018
Cash 2023 €56,985
Net result for the year +€59,199
Depreciation +€15,651
Receivables within one year -€13,498
Deferred charges and accrued income +€776
Trade debts -€1,125
Tax, wage and social debts -€11,644
Other debts -€1,648
Accrued charges and deferred income -€1,100
Investment in fixed assets (net) -€2,923
Current investments -€40,000
Debts after one year -€14,538
Current portion of long-term debt +€520
Cash 2024 €46,655
Every line side by side 39 lines
Line Code 2023 2024 Change %
Total assets 20/58 €185,150 €214,814 +€29,664 +16.0%
Fixed assets 21/28 €58,673 €45,945 -€12,728 -21.7%
Tangible fixed assets 22/27 €58,673 €45,945 -€12,728 -21.7%
Plant, machinery and equipment 23 €2,708 €4,808 +€2,100 +77.5%
Furniture and vehicles 24 €55,965 €41,136 -€14,828 -26.5%
Current assets 29/58 €126,477 €168,869 +€42,393 +33.5%
Amounts receivable within one year 40/41 €16,205 €29,704 +€13,498 +83.3%
Trade receivables 40 €16,205 €19,689 +€3,483 +21.5%
Other amounts receivable 41 - €10,015 +€10,015
Current investments 50/53 €50,000 €90,000 +€40,000 +80.0%
Cash at bank and in hand 54/58 €56,985 €46,655 -€10,330 -18.1%
Deferred charges and accrued income 490/1 €3,287 €2,511 -€776 -23.6%
Total equity and liabilities 10/49 €185,150 €214,814 +€29,664 +16.0%
Equity 10/15 €96,543 €155,742 +€59,199 +61.3%
Contributions 10/11 €2,500 €2,500 = 0.0%
Profit (loss) carried forward 14 €94,043 €153,242 +€59,199 +62.9%
Amounts payable 17/49 €88,607 €59,072 -€29,534 -33.3%
Amounts payable after more than one year 17 €42,607 €28,069 -€14,538 -34.1%
Financial debts 170/4 €42,607 €28,069 -€14,538 -34.1%
Amounts payable within one year 42/48 €44,900 €31,004 -€13,896 -30.9%
Current portion of amounts payable after more than one year 42 €14,018 €14,538 +€520 +3.7%
Trade debts 44 €2,824 €1,699 -€1,125 -39.8%
Suppliers 440/4 €2,824 €1,699 -€1,125 -39.8%
Taxes, remuneration and social security 45 €26,411 €14,766 -€11,644 -44.1%
Taxes 450/3 €26,411 €14,766 -€11,644 -44.1%
Other amounts payable 47/48 €1,648 - -€1,648
Accrued charges and deferred income 492/3 €1,100 - -€1,100
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €18,983 €15,651 -€3,332 -17.6%
Other operating charges 640/8 €109 €379 +€270 +247.7%
Gross operating margin 9900 €141,703 €93,324 -€48,380 -34.1%
Operating profit (loss) 9901 €122,611 €77,294 -€45,317 -37.0%
Financial income 75/76B - €1,018 +€1,018
Recurring financial income 75 - €1,018 +€1,018
Financial charges 65/66B €2,817 €2,560 -€257 -9.1%
Recurring financial charges 65 €2,817 €2,560 -€257 -9.1%
Profit (loss) for the period before taxes 9903 €119,794 €75,752 -€44,042 -36.8%
Income taxes 67/77 €25,751 €16,553 -€9,198 -35.7%
Profit (loss) for the period 9904 €94,043 €59,199 -€34,844 -37.1%
Profit (loss) for the period to be appropriated 9905 €94,043 €59,199 -€34,844 -37.1%

Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.