EMC-SPORTS: what changed
EMC-SPORTS
Largest movements
- Receivables within one year -€2,966
down €2,966 (-53.1%), from €5,588 to €2,622
of which Trade receivables: -€1,974
- Cash +€880
up €880 (+111%), from €796 to €1,676
mainly Other debts (+€11,162) and Receivables within one year (+€2,966)
- Tangible fixed assets -€759
down €759 (-30.9%), from €2,459 to €1,700
- Deferred charges and accrued income -€496
no longer reported in 2025 (was €496)
- Stocks and contracts -€176
down €176 (-3.4%), from €5,175 to €4,999
- Profit (loss) carried forward -€17,011
down €17,011 (-17.9%), from -€95,173 to -€112,185
- Other debts +€11,162
up €11,162 (+15.8%), from €70,697 to €81,859
- Tax, wage and social debts +€1,931
up €1,931 (+1,287%), from €150 to €2,081
- Advances received +€400
new in 2025: €400
- Gross operating margin +€56,089
up €56,089 (+78.4%), from -€71,526 to -€15,437
- Depreciation -€3,955
down €3,955 (-83.9%), from €4,714 to €759
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €14,513 | €10,997 | -€3,516 | -24.2% |
| Fixed assets | 21/28 | €2,459 | €1,700 | -€759 | -30.9% |
| Tangible fixed assets | 22/27 | €2,459 | €1,700 | -€759 | -30.9% |
| Plant, machinery and equipment | 23 | €2,459 | €1,700 | -€759 | -30.9% |
| Current assets | 29/58 | €12,055 | €9,297 | -€2,758 | -22.9% |
| Stocks and contracts in progress | 3 | €5,175 | €4,999 | -€176 | -3.4% |
| Stocks | 30/36 | €5,175 | €4,999 | -€176 | -3.4% |
| Amounts receivable within one year | 40/41 | €5,588 | €2,622 | -€2,966 | -53.1% |
| Trade receivables | 40 | €4,596 | €2,622 | -€1,974 | -42.9% |
| Other amounts receivable | 41 | €992 | - | -€992 | |
| Cash at bank and in hand | 54/58 | €796 | €1,676 | +€880 | +111% |
| Deferred charges and accrued income | 490/1 | €496 | - | -€496 | |
| Total equity and liabilities | 10/49 | €14,513 | €10,997 | -€3,516 | -24.2% |
| Equity | 10/15 | -€56,968 | -€73,980 | -€17,011 | -29.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €19,605 | €19,605 | = | 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 | €17,745 | €17,745 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€95,173 | -€112,185 | -€17,011 | -17.9% |
| Amounts payable | 17/49 | €71,482 | €84,977 | +€13,495 | +18.9% |
| Amounts payable within one year | 42/48 | €71,482 | €84,977 | +€13,495 | +18.9% |
| Trade debts | 44 | €635 | €637 | +€2 | +0.3% |
| Suppliers | 440/4 | €635 | €637 | +€2 | +0.3% |
| Advances received on contracts in progress | 46 | - | €400 | +€400 | |
| Taxes, remuneration and social security | 45 | €150 | €2,081 | +€1,931 | +1,287% |
| Taxes | 450/3 | €150 | €2,081 | +€1,931 | +1,287% |
| Other amounts payable | 47/48 | €70,697 | €81,859 | +€11,162 | +15.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,714 | €759 | -€3,955 | -83.9% |
| Other operating charges | 640/8 | €199 | €304 | +€105 | +52.9% |
| Non-recurring operating charges | 66A | €1,156 | - | -€1,156 | |
| Gross operating margin | 9900 | -€71,526 | -€15,437 | +€56,089 | +78.4% |
| Operating profit (loss) | 9901 | -€77,595 | -€16,500 | +€61,094 | +78.7% |
| Financial income | 75/76B | €0 | €0 | +€0 | +50.0% |
| Recurring financial income | 75 | €0 | €0 | +€0 | +50.0% |
| Financial charges | 65/66B | €399 | €511 | +€112 | +28.0% |
| Recurring financial charges | 65 | €399 | €511 | +€112 | +28.0% |
| Profit (loss) for the period before taxes | 9903 | -€77,994 | -€17,011 | +€60,983 | +78.2% |
| Profit (loss) for the period | 9904 | -€77,994 | -€17,011 | +€60,983 | +78.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€77,994 | -€17,011 | +€60,983 | +78.2% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.