EMC & C: 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.
EMC & C
Largest movements
- Receivables within one year -€10,910
down €10,910 (-30.4%), from €35,830 to €24,920
of which Other amounts receivable: -€13,758
- Tangible fixed assets +€3,131
up €3,131 (+38.9%), from €8,043 to €11,174
of which Furniture and vehicles: +€5,688
- Cash +€1,746
up €1,746 (+1265.2%), from €138 to €1,884
mainly Receivables within one year (+€10,910) and Depreciation (+€2,556)
- Tax, wage and social debts -€3,127
down €3,127 (-29.9%), from €10,444 to €7,317
of which Remuneration and social security: -€2,725
- Profit (loss) carried forward -€2,247
down €2,247 (-36.9%), from -€6,091 to -€8,338
- Trade debts -€659
no longer reported in 2025 (was €659)
- Gross operating margin +€12,963
up €12,963 (+104.2%), from €12,439 to €25,402
- Taxes +€5,364
up €5,364 (+177.1%), from €3,029 to €8,393
- Depreciation +€1,247
up €1,247 (+95.3%), from €1,309 to €2,556
- Staff costs +€1,189
up €1,189 (+8.8%), from €13,481 to €14,670
- Financial charges -€661
down €661 (-45.6%), from €1,448 to €787
of which Financial charges: -€767
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 | €44,011 | €37,978 | -€6,033 | -13.7% |
| Fixed assets | 21/28 | €8,043 | €11,174 | +€3,131 | +38.9% |
| Tangible fixed assets | 22/27 | €8,043 | €11,174 | +€3,131 | +38.9% |
| Land and buildings | 22 | €7,606 | €5,486 | -€2,120 | -27.9% |
| Plant, machinery and equipment | 23 | €437 | - | -€437 | |
| Furniture and vehicles | 24 | - | €5,688 | +€5,688 | |
| Current assets | 29/58 | €35,968 | €26,804 | -€9,164 | -25.5% |
| Amounts receivable within one year | 40/41 | €35,830 | €24,920 | -€10,910 | -30.4% |
| Trade receivables | 40 | €71 | €2,919 | +€2,848 | +4011.3% |
| Other amounts receivable | 41 | €35,759 | €22,001 | -€13,758 | -38.5% |
| Cash at bank and in hand | 54/58 | €138 | €1,884 | +€1,746 | +1265.2% |
| Total equity and liabilities | 10/49 | €44,011 | €37,978 | -€6,033 | -13.7% |
| Equity | 10/15 | €32,908 | €30,661 | -€2,247 | -6.8% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €26,599 | €26,599 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €24,739 | €24,739 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€6,091 | -€8,338 | -€2,247 | -36.9% |
| Amounts payable | 17/49 | €11,103 | €7,317 | -€3,786 | -34.1% |
| Amounts payable within one year | 42/48 | €11,103 | €7,317 | -€3,786 | -34.1% |
| Trade debts | 44 | €659 | - | -€659 | |
| Suppliers | 440/4 | €659 | - | -€659 | |
| Taxes, remuneration and social security | 45 | €10,444 | €7,317 | -€3,127 | -29.9% |
| Taxes | 450/3 | €7,719 | €7,317 | -€402 | -5.2% |
| Remuneration and social security | 454/9 | €2,725 | - | -€2,725 | |
| Remuneration, social security and pensions | 62 | €13,481 | €14,670 | +€1,189 | +8.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,309 | €2,556 | +€1,247 | +95.3% |
| Other operating charges | 640/8 | €1,283 | €1,243 | -€40 | -3.1% |
| Gross operating margin | 9900 | €12,439 | €25,402 | +€12,963 | +104.2% |
| Operating profit (loss) | 9901 | -€3,634 | €6,933 | +€10,567 | |
| Financial charges | 65/66B | €1,448 | €787 | -€661 | -45.6% |
| Recurring financial charges | 65 | €1,448 | €681 | -€767 | -53.0% |
| Non-recurring financial charges | 66B | - | €106 | +€106 | |
| Profit (loss) for the period before taxes | 9903 | -€5,082 | €6,146 | +€11,228 | |
| Income taxes | 67/77 | €3,029 | €8,393 | +€5,364 | +177.1% |
| Profit (loss) for the period | 9904 | -€8,111 | -€2,247 | +€5,864 | +72.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€8,111 | -€2,247 | +€5,864 | +72.3% |
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 11 October 2026 via checked.be.