Emblema Group: 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.
Emblema Group
Largest movements
- Receivables within one year +€69,442
up €69,442 (+139%), from €50,122 to €119,564
of which Trade receivables: +€38,058
- Cash +€6,443
new in 2024: €6,443
mainly Trade debts (+€32,916) and Net result for the year (+€29,432)
- Tangible fixed assets +€5,985
new in 2024: €5,985
- Trade debts +€32,916
up €32,916 (+450%), from €7,322 to €40,238
of which Suppliers: +€34,511
- Reserves +€32,314
up €32,314 (+175%), from €18,500 to €50,814
- Tax, wage and social debts +€10,242
up €10,242 (+137%), from €7,457 to €17,699
- Current portion of long-term debt +€7,368
new in 2024: €7,368
- Debts after one year +€4,123
new in 2024: €4,123
- Turnover -€96,435
no longer reported in 2024 (was €96,435)
- Purchases and services -€80,350
no longer reported in 2024 (was €80,350)
- Gross operating margin +€29,309
up €29,309 (+182%), from €16,085 to €45,395
- Taxes +€6,970
up €6,970 (+169%), from €4,121 to €11,091
- Depreciation +€4,583
up €4,583 (+951%), from €482 to €5,065
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €51,172 | €133,042 | +€81,870 | +160% |
| Fixed assets | 21/28 | €1,050 | €7,035 | +€5,985 | +570% |
| Tangible fixed assets | 22/27 | - | €5,985 | +€5,985 | |
| Furniture and vehicles | 24 | - | €5,985 | +€5,985 | |
| Financial fixed assets | 28 | €1,050 | €1,050 | = | 0.0% |
| Current assets | 29/58 | €50,122 | €126,007 | +€75,885 | +151% |
| Amounts receivable within one year | 40/41 | €50,122 | €119,564 | +€69,442 | +139% |
| Trade receivables | 40 | €7,064 | €45,122 | +€38,058 | +539% |
| Other amounts receivable | 41 | €43,057 | €74,442 | +€31,384 | +72.9% |
| Cash at bank and in hand | 54/58 | - | €6,443 | +€6,443 | |
| Total equity and liabilities | 10/49 | €51,172 | €133,042 | +€81,870 | +160% |
| Equity | 10/15 | €34,182 | €63,614 | +€29,432 | +86.1% |
| Contributions | 10/11 | €12,800 | €12,800 | = | 0.0% |
| Capital | 10 | €12,800 | - | -€12,800 | |
| Issued capital | 100 | €12,800 | - | -€12,800 | |
| Reserves | 13 | €18,500 | €50,814 | +€32,314 | +175% |
| Distributable reserves | 133 | €18,500 | €50,814 | +€32,314 | +175% |
| Profit (loss) carried forward | 14 | €2,882 | €0 | -€2,882 | -100% |
| Amounts payable | 17/49 | €16,990 | €69,428 | +€52,438 | +309% |
| Amounts payable after more than one year | 17 | - | €4,123 | +€4,123 | |
| Financial debts | 170/4 | - | €4,123 | +€4,123 | |
| Amounts payable within one year | 42/48 | €16,990 | €65,305 | +€48,315 | +284% |
| Current portion of amounts payable after more than one year | 42 | - | €7,368 | +€7,368 | |
| Financial debts | 43 | €2,211 | €0 | -€2,211 | -100% |
| Credit institutions | 430/8 | €2,211 | €0 | -€2,211 | -100% |
| Trade debts | 44 | €7,322 | €40,238 | +€32,916 | +450% |
| Suppliers | 440/4 | €5,727 | €40,238 | +€34,511 | +603% |
| Bills of exchange payable | 441 | €1,595 | - | -€1,595 | |
| Taxes, remuneration and social security | 45 | €7,457 | €17,699 | +€10,242 | +137% |
| Taxes | 450/3 | €7,457 | €17,699 | +€10,242 | +137% |
| Turnover | 70 | €96,435 | - | -€96,435 | |
| Goods, raw materials, services and sundry goods | 60/61 | €80,350 | - | -€80,350 | |
| Remuneration, social security and pensions | 62 | - | €1,729 | +€1,729 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €482 | €5,065 | +€4,583 | +951% |
| Other operating charges | 640/8 | €210 | €789 | +€579 | +275% |
| Gross operating margin | 9900 | €16,085 | €45,395 | +€29,309 | +182% |
| Operating profit (loss) | 9901 | €15,393 | €37,812 | +€22,419 | +146% |
| Financial income | 75/76B | €68 | €3,524 | +€3,456 | +5,099% |
| Recurring financial income | 75 | €68 | €3,524 | +€3,456 | +5,099% |
| Financial charges | 65/66B | €493 | €813 | +€319 | +64.8% |
| Recurring financial charges | 65 | €493 | €813 | +€319 | +64.8% |
| Profit (loss) for the period before taxes | 9903 | €14,968 | €40,524 | +€25,556 | +171% |
| Income taxes | 67/77 | €4,121 | €11,091 | +€6,970 | +169% |
| Profit (loss) for the period | 9904 | €10,847 | €29,432 | +€18,586 | +171% |
| Profit (loss) for the period to be appropriated | 9905 | €10,847 | €29,432 | +€18,586 | +171% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.