EMCO Coördination: 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.
EMCO Coördination
Largest movements
- Cash -€5,755
down €5,755 (-59.4%), from €9,680 to €3,925
mainly Tax, wage and social debts (-€3,481) and Net result for the year (-€1,923)
- Tax, wage and social debts -€3,481
no longer reported in 2025 (was €3,481)
- Profit (loss) carried forward -€1,923
down €1,923, from €570 to -€1,352
- Gross operating margin -€6,103
down €6,103, from €4,778 to -€1,325
- Financial income -€1,026
down €1,026 (-42.7%), from €2,402 to €1,376
- Taxes -€495
no longer reported in 2025 (was €495)
- Financial charges +€403
up €403 (+67.4%), from €597 to €1,000
- Depreciation -€81
down €81 (-8.7%), from €935 to €854
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 | €108,999 | €102,950 | -€6,048 | -5.5% |
| Fixed assets | 21/28 | €7,177 | €5,324 | -€1,854 | -25.8% |
| Tangible fixed assets | 22/27 | €6,177 | €5,324 | -€854 | -13.8% |
| Furniture and vehicles | 24 | €6,177 | €5,324 | -€854 | -13.8% |
| Financial fixed assets | 28 | €1,000 | - | -€1,000 | |
| Current assets | 29/58 | €101,821 | €97,627 | -€4,194 | -4.1% |
| Amounts receivable within one year | 40/41 | €10,129 | €10,759 | +€630 | +6.2% |
| Other amounts receivable | 41 | €10,129 | €10,759 | +€630 | +6.2% |
| Current investments | 50/53 | €82,013 | €82,943 | +€930 | +1.1% |
| Cash at bank and in hand | 54/58 | €9,680 | €3,925 | -€5,755 | -59.4% |
| Total equity and liabilities | 10/49 | €108,999 | €102,950 | -€6,048 | -5.5% |
| Equity | 10/15 | €104,358 | €102,436 | -€1,923 | -1.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €97,588 | €97,588 | = | 0.0% |
| Distributable reserves | 133 | €97,588 | €97,588 | = | 0.0% |
| Profit (loss) carried forward | 14 | €570 | -€1,352 | -€1,923 | |
| Amounts payable | 17/49 | €4,640 | €515 | -€4,126 | -88.9% |
| Amounts payable within one year | 42/48 | €4,247 | €515 | -€3,732 | -87.9% |
| Trade debts | 44 | €766 | €515 | -€252 | -32.8% |
| Suppliers | 440/4 | €766 | €515 | -€252 | -32.8% |
| Taxes, remuneration and social security | 45 | €3,481 | - | -€3,481 | |
| Taxes | 450/3 | €3,481 | - | -€3,481 | |
| Accrued charges and deferred income | 492/3 | €393 | - | -€393 | |
| Non-recurring operating income | 76A | €9,976 | - | -€9,976 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €935 | €854 | -€81 | -8.7% |
| Other operating charges | 640/8 | €200 | €120 | -€80 | -40.1% |
| Gross operating margin | 9900 | €4,778 | -€1,325 | -€6,103 | |
| Operating profit (loss) | 9901 | €3,643 | -€2,299 | -€5,941 | |
| Financial income | 75/76B | €2,402 | €1,376 | -€1,026 | -42.7% |
| Recurring financial income | 75 | €2,402 | €1,376 | -€1,026 | -42.7% |
| Financial charges | 65/66B | €597 | €1,000 | +€403 | +67.4% |
| Recurring financial charges | 65 | €597 | €1,000 | +€403 | +67.4% |
| Profit (loss) for the period before taxes | 9903 | €5,447 | -€1,923 | -€7,370 | |
| Income taxes | 67/77 | €495 | - | -€495 | |
| Profit (loss) for the period | 9904 | €4,952 | -€1,923 | -€6,875 | |
| Profit (loss) for the period to be appropriated | 9905 | €4,952 | -€1,923 | -€6,875 |
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 3 October 2026 via checked.be.