EMC Degrande: 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 Degrande
Largest movements
- Cash +€200,546
up €200,546 (+36.0%), from €557,657 to €758,203
mainly Net result for the year (+€162,800) and Other debts (+€66,500)
- Intangible fixed assets -€25,000
down €25,000 (-80.0%), from €31,250 to €6,250
- Reserves +€92,800
up €92,800 (+19.2%), from €482,398 to €575,197
of which Distributable reserves: +€92,800
- Other debts +€66,500
new in 2025: €66,500
- Tax, wage and social debts +€9,471
up €9,471 (+307%), from €3,080 to €12,552
- Gross operating margin +€104,675
up €104,675 (+68.9%), from €151,982 to €256,657
- Taxes +€34,129
up €34,129 (+91.6%), from €37,274 to €71,403
- Financial income +€3,988
up €3,988 (+145%), from €2,756 to €6,744
of which Financial income: +€2,021
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 | €588,907 | €764,453 | +€175,546 | +29.8% |
| Fixed assets | 21/28 | €31,250 | €6,250 | -€25,000 | -80.0% |
| Intangible fixed assets | 21 | €31,250 | €6,250 | -€25,000 | -80.0% |
| Current assets | 29/58 | €557,657 | €758,203 | +€200,546 | +36.0% |
| Cash at bank and in hand | 54/58 | €557,657 | €758,203 | +€200,546 | +36.0% |
| Total equity and liabilities | 10/49 | €588,907 | €764,453 | +€175,546 | +29.8% |
| Equity | 10/15 | €496,658 | €589,457 | +€92,800 | +18.7% |
| Contributions | 10/11 | €14,260 | €14,260 | = | 0.0% |
| Reserves | 13 | €482,398 | €575,197 | +€92,800 | +19.2% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €482,398 | €575,197 | +€92,800 | +19.2% |
| Amounts payable | 17/49 | €92,249 | €174,996 | +€82,746 | +89.7% |
| Amounts payable after more than one year | 17 | €89,074 | €95,850 | +€6,776 | +7.6% |
| Other amounts payable | 178/9 | €89,074 | €95,850 | +€6,776 | +7.6% |
| Amounts payable within one year | 42/48 | €3,176 | €79,146 | +€75,970 | +2,392% |
| Trade debts | 44 | €95 | €94 | -€1 | -1.3% |
| Suppliers | 440/4 | €95 | €94 | -€1 | -1.3% |
| Taxes, remuneration and social security | 45 | €3,080 | €12,552 | +€9,471 | +307% |
| Taxes | 450/3 | €3,080 | €12,552 | +€9,471 | +307% |
| Other amounts payable | 47/48 | - | €66,500 | +€66,500 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,000 | €25,000 | = | 0.0% |
| Other operating charges | 640/8 | €637 | €128 | -€509 | -79.9% |
| Gross operating margin | 9900 | €151,982 | €256,657 | +€104,675 | +68.9% |
| Operating profit (loss) | 9901 | €126,344 | €231,529 | +€105,184 | +83.3% |
| Financial income | 75/76B | €2,756 | €6,744 | +€3,988 | +145% |
| Recurring financial income | 75 | €2,756 | €4,777 | +€2,021 | +73.4% |
| Non-recurring financial income | 76B | - | €1,967 | +€1,967 | |
| Financial charges | 65/66B | €4,081 | €4,070 | -€11 | -0.3% |
| Recurring financial charges | 65 | €4,081 | €4,070 | -€11 | -0.3% |
| Profit (loss) for the period before taxes | 9903 | €125,019 | €234,202 | +€109,183 | +87.3% |
| Income taxes | 67/77 | €37,274 | €71,403 | +€34,129 | +91.6% |
| Profit (loss) for the period | 9904 | €87,745 | €162,800 | +€75,054 | +85.5% |
| Profit (loss) for the period to be appropriated | 9905 | €87,745 | €162,800 | +€75,054 | +85.5% |
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 19 October 2026 via checked.be.