EMC2 CONSULT: what changed
Two fiscal 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.
EMC2 CONSULT
Largest movements
- Current investments +€58,000
up €58,000 (+46.4%), from €125,000 to €183,000
- Receivables within one year +€24,110
up €24,110 (+230.5%), from €10,460 to €34,570
of which Other amounts receivable: +€25,000
- Financial fixed assets -€11,300
down €11,300 (-6.3%), from €180,800 to €169,500
- Tangible fixed assets -€5,621
down €5,621 (-38.6%), from €14,560 to €8,939
of which Furniture and vehicles: -€5,251
- Cash -€4,679
down €4,679 (-85.8%), from €5,455 to €776
mainly Current investments (-€58,000) and Receivables within one year (-€24,110)
- Reserves +€75,000
up €75,000 (+37.5%), from €200,000 to €275,000
- Debts after one year -€18,857
down €18,857 (-18.8%), from €100,380 to €81,523
of which Financial debts: -€18,857
- Other debts +€7,896
up €7,896 (+131.6%), from €6,000 to €13,896
- Financial income +€16,006
up €16,006 (+43.9%), from €36,474 to €52,480
of which Financial income: +€12,068
- Taxes +€1,025
up €1,025 (+4.7%), from €21,865 to €22,890
- Gross operating margin +€797
up €797 (+1.3%), from €62,002 to €62,799
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 | €337,871 | €398,600 | +€60,729 | +18.0% |
| Fixed assets | 21/28 | €195,360 | €178,439 | -€16,921 | -8.7% |
| Tangible fixed assets | 22/27 | €14,560 | €8,939 | -€5,621 | -38.6% |
| Plant, machinery and equipment | 23 | €547 | €177 | -€370 | -67.6% |
| Furniture and vehicles | 24 | €14,012 | €8,761 | -€5,251 | -37.5% |
| Financial fixed assets | 28 | €180,800 | €169,500 | -€11,300 | -6.3% |
| Current assets | 29/58 | €142,512 | €220,162 | +€77,650 | +54.5% |
| Amounts receivable within one year | 40/41 | €10,460 | €34,570 | +€24,110 | +230.5% |
| Trade receivables | 40 | €10,460 | €9,570 | -€890 | -8.5% |
| Other amounts receivable | 41 | - | €25,000 | +€25,000 | |
| Current investments | 50/53 | €125,000 | €183,000 | +€58,000 | +46.4% |
| Cash at bank and in hand | 54/58 | €5,455 | €776 | -€4,679 | -85.8% |
| Deferred charges and accrued income | 490/1 | €1,597 | €1,816 | +€218 | +13.7% |
| Total equity and liabilities | 10/49 | €337,871 | €398,600 | +€60,729 | +18.0% |
| Equity | 10/15 | €205,302 | €280,000 | +€74,698 | +36.4% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €200,000 | €275,000 | +€75,000 | +37.5% |
| Distributable reserves | 133 | €200,000 | €275,000 | +€75,000 | +37.5% |
| Profit (loss) carried forward | 14 | €302 | - | -€302 | |
| Amounts payable | 17/49 | €132,569 | €118,600 | -€13,969 | -10.5% |
| Amounts payable after more than one year | 17 | €100,380 | €81,523 | -€18,857 | -18.8% |
| Financial debts | 170/4 | €75,880 | €57,023 | -€18,857 | -24.9% |
| Other amounts payable | 178/9 | €24,500 | €24,500 | = | 0.0% |
| Amounts payable within one year | 42/48 | €31,843 | €36,799 | +€4,957 | +15.6% |
| Current portion of amounts payable after more than one year | 42 | €18,781 | €18,857 | +€75 | +0.4% |
| Trade debts | 44 | €991 | €107 | -€884 | -89.2% |
| Suppliers | 440/4 | €991 | €107 | -€884 | -89.2% |
| Taxes, remuneration and social security | 45 | €6,070 | €3,940 | -€2,130 | -35.1% |
| Taxes | 450/3 | €6,070 | €3,940 | -€2,130 | -35.1% |
| Other amounts payable | 47/48 | €6,000 | €13,896 | +€7,896 | +131.6% |
| Accrued charges and deferred income | 492/3 | €347 | €278 | -€69 | -19.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,621 | €5,621 | = | 0.0% |
| Other operating charges | 640/8 | €975 | €1,069 | +€94 | +9.7% |
| Gross operating margin | 9900 | €62,002 | €62,799 | +€797 | +1.3% |
| Operating profit (loss) | 9901 | €55,406 | €56,109 | +€703 | +1.3% |
| Financial income | 75/76B | €36,474 | €52,480 | +€16,006 | +43.9% |
| Recurring financial income | 75 | €36,474 | €48,542 | +€12,068 | +33.1% |
| Non-recurring financial income | 76B | - | €3,938 | +€3,938 | |
| Financial charges | 65/66B | €3,284 | €3,105 | -€178 | -5.4% |
| Recurring financial charges | 65 | €3,284 | €3,105 | -€178 | -5.4% |
| Profit (loss) for the period before taxes | 9903 | €88,597 | €105,484 | +€16,887 | +19.1% |
| Income taxes | 67/77 | €21,865 | €22,890 | +€1,025 | +4.7% |
| Profit (loss) for the period | 9904 | €66,731 | €82,594 | +€15,862 | +23.8% |
| Profit (loss) for the period to be appropriated | 9905 | €66,731 | €82,594 | +€15,862 | +23.8% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.