EMCA 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.
EMCA CONSULT
Largest movements
- Cash +€7,297
up €7,297 (+145.5%), from €5,014 to €12,311
mainly Trade debts (+€4,067) and Tax, wage and social debts (+€3,378)
- Receivables within one year +€2,648
up €2,648 (+10.0%), from €26,461 to €29,109
of which Other amounts receivable: +€3,095
- Deferred charges and accrued income +€1,655
up €1,655 (+154.9%), from €1,068 to €2,723
- Tangible fixed assets -€1,165
down €1,165 (-35.0%), from €3,334 to €2,169
of which Furniture and vehicles: -€1,022
- Reserves +€26,048
new in 2025: €26,048
- Profit (loss) carried forward -€24,583
down €24,583 (-100.0%), from €24,583 to €0
- Trade debts +€4,067
up €4,067 (+282.0%), from €1,442 to €5,509
- Tax, wage and social debts +€3,378
up €3,378 (+53.2%), from €6,352 to €9,730
- Short-term financial debts +€1,524
up €1,524, from €0 to €1,524
- Gross operating margin -€4,687
down €4,687 (-39.8%), from €11,784 to €7,096
- Other operating charges -€665
down €665 (-66.7%), from €997 to €332
- Taxes -€598
down €598 (-24.1%), from €2,481 to €1,883
- Financial charges -€405
down €405 (-14.8%), from €2,729 to €2,324
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 | €35,877 | €46,311 | +€10,434 | +29.1% |
| Fixed assets | 21/28 | €3,334 | €2,169 | -€1,165 | -35.0% |
| Tangible fixed assets | 22/27 | €3,334 | €2,169 | -€1,165 | -35.0% |
| Plant, machinery and equipment | 23 | €143 | €0 | -€143 | -100.0% |
| Furniture and vehicles | 24 | €3,191 | €2,169 | -€1,022 | -32.0% |
| Current assets | 29/58 | €32,543 | €44,143 | +€11,600 | +35.6% |
| Amounts receivable within one year | 40/41 | €26,461 | €29,109 | +€2,648 | +10.0% |
| Trade receivables | 40 | €11,183 | €10,736 | -€447 | -4.0% |
| Other amounts receivable | 41 | €15,278 | €18,373 | +€3,095 | +20.3% |
| Cash at bank and in hand | 54/58 | €5,014 | €12,311 | +€7,297 | +145.5% |
| Deferred charges and accrued income | 490/1 | €1,068 | €2,723 | +€1,655 | +154.9% |
| Total equity and liabilities | 10/49 | €35,877 | €46,311 | +€10,434 | +29.1% |
| Equity | 10/15 | €28,083 | €29,548 | +€1,465 | +5.2% |
| Contributions | 10/11 | €3,500 | €3,500 | = | 0.0% |
| Reserves | 13 | - | €26,048 | +€26,048 | |
| Distributable reserves | 133 | - | €26,048 | +€26,048 | |
| Profit (loss) carried forward | 14 | €24,583 | €0 | -€24,583 | -100.0% |
| Amounts payable | 17/49 | €7,794 | €16,763 | +€8,969 | +115.1% |
| Amounts payable within one year | 42/48 | €7,794 | €16,763 | +€8,969 | +115.1% |
| Financial debts | 43 | €0 | €1,524 | +€1,524 | |
| Credit institutions | 430/8 | €0 | €1,524 | +€1,524 | |
| Trade debts | 44 | €1,442 | €5,509 | +€4,067 | +282.0% |
| Suppliers | 440/4 | €1,442 | €5,509 | +€4,067 | +282.0% |
| Taxes, remuneration and social security | 45 | €6,352 | €9,730 | +€3,378 | +53.2% |
| Taxes | 450/3 | €6,352 | €9,730 | +€3,378 | +53.2% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,183 | €1,165 | -€17 | -1.5% |
| Other operating charges | 640/8 | €997 | €332 | -€665 | -66.7% |
| Gross operating margin | 9900 | €11,784 | €7,096 | -€4,687 | -39.8% |
| Operating profit (loss) | 9901 | €9,604 | €5,599 | -€4,005 | -41.7% |
| Financial income | 75/76B | €45 | €73 | +€28 | +62.5% |
| Recurring financial income | 75 | €45 | €73 | +€28 | +62.5% |
| Financial charges | 65/66B | €2,729 | €2,324 | -€405 | -14.8% |
| Recurring financial charges | 65 | €2,729 | €2,324 | -€405 | -14.8% |
| Profit (loss) for the period before taxes | 9903 | €6,920 | €3,348 | -€3,572 | -51.6% |
| Income taxes | 67/77 | €2,481 | €1,883 | -€598 | -24.1% |
| Profit (loss) for the period | 9904 | €4,439 | €1,465 | -€2,974 | -67.0% |
| Profit (loss) for the period to be appropriated | 9905 | €4,439 | €1,465 | -€2,974 | -67.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.