Embo: 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.
Embo
Largest movements
- Cash +€18,998
up €18,998 (+66.0%), from €28,794 to €47,792
mainly Net result for the year (+€13,447) and Depreciation (+€8,219)
- Tangible fixed assets -€8,219
down €8,219 (-47.9%), from €17,157 to €8,938
- Receivables within one year -€5,036
down €5,036 (-86.5%), from €5,822 to €786
- Reserves +€13,447
up €13,447 (+83.6%), from €16,079 to €29,527
- Debts after one year -€9,350
down €9,350 (-92.1%), from €10,147 to €797
- Other debts -€3,598
down €3,598 (-72.3%), from €4,974 to €1,376
- Trade debts +€3,286
up €3,286 (+5,745%), from €57 to €3,343
- Tax, wage and social debts +€1,571
up €1,571 (+18.4%), from €8,552 to €10,123
of which Taxes: +€1,571
- Gross operating margin -€3,585
down €3,585 (-11.5%), from €31,227 to €27,641
- Taxes -€811
down €811 (-14.4%), from €5,641 to €4,830
- Depreciation +€719
up €719 (+9.6%), from €7,500 to €8,219
- Other operating charges -€520
down €520 (-59.1%), from €879 to €359
- Financial charges -€341
down €341 (-30.3%), from €1,127 to €785
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 | €51,773 | €57,516 | +€5,743 | +11.1% |
| Fixed assets | 21/28 | €17,157 | €8,938 | -€8,219 | -47.9% |
| Tangible fixed assets | 22/27 | €17,157 | €8,938 | -€8,219 | -47.9% |
| Furniture and vehicles | 24 | €17,157 | €8,938 | -€8,219 | -47.9% |
| Current assets | 29/58 | €34,616 | €48,578 | +€13,962 | +40.3% |
| Amounts receivable within one year | 40/41 | €5,822 | €786 | -€5,036 | -86.5% |
| Trade receivables | 40 | €5,822 | €786 | -€5,036 | -86.5% |
| Cash at bank and in hand | 54/58 | €28,794 | €47,792 | +€18,998 | +66.0% |
| Total equity and liabilities | 10/49 | €51,773 | €57,516 | +€5,743 | +11.1% |
| Equity | 10/15 | €19,079 | €32,527 | +€13,447 | +70.5% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €16,079 | €29,527 | +€13,447 | +83.6% |
| Distributable reserves | 133 | €16,079 | €29,527 | +€13,447 | +83.6% |
| Amounts payable | 17/49 | €32,693 | €24,989 | -€7,704 | -23.6% |
| Amounts payable after more than one year | 17 | €10,147 | €797 | -€9,350 | -92.1% |
| Financial debts | 170/4 | €10,147 | €797 | -€9,350 | -92.1% |
| Amounts payable within one year | 42/48 | €22,547 | €24,192 | +€1,646 | +7.3% |
| Current portion of amounts payable after more than one year | 42 | €8,964 | €9,350 | +€386 | +4.3% |
| Trade debts | 44 | €57 | €3,343 | +€3,286 | +5,745% |
| Suppliers | 440/4 | €57 | €3,343 | +€3,286 | +5,745% |
| Taxes, remuneration and social security | 45 | €8,552 | €10,123 | +€1,571 | +18.4% |
| Taxes | 450/3 | €7,402 | €8,973 | +€1,571 | +21.2% |
| Remuneration and social security | 454/9 | €1,150 | €1,150 | = | 0.0% |
| Other amounts payable | 47/48 | €4,974 | €1,376 | -€3,598 | -72.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,500 | €8,219 | +€719 | +9.6% |
| Other operating charges | 640/8 | €879 | €359 | -€520 | -59.1% |
| Gross operating margin | 9900 | €31,227 | €27,641 | -€3,585 | -11.5% |
| Operating profit (loss) | 9901 | €22,847 | €19,063 | -€3,784 | -16.6% |
| Financial charges | 65/66B | €1,127 | €785 | -€341 | -30.3% |
| Recurring financial charges | 65 | €1,127 | €785 | -€341 | -30.3% |
| Profit (loss) for the period before taxes | 9903 | €21,721 | €18,278 | -€3,443 | -15.9% |
| Income taxes | 67/77 | €5,641 | €4,830 | -€811 | -14.4% |
| Profit (loss) for the period | 9904 | €16,079 | €13,447 | -€2,632 | -16.4% |
| Profit (loss) for the period to be appropriated | 9905 | €16,079 | €13,447 | -€2,632 | -16.4% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.