Emcom Consulting: 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.
Emcom Consulting
Largest movements
- Receivables within one year -€75,595
down €75,595 (-72.2%), from €104,663 to €29,068
of which Other amounts receivable: -€78,237
- Deferred charges and accrued income +€2,627
up €2,627, from €0 to €2,627
- Cash -€2,080
down €2,080 (-14.0%), from €14,856 to €12,776
mainly Contributions, distributions and other (-€118,824) and Trade debts (-€3,882)
- Reserves -€84,779
down €84,779 (-93.5%), from €90,670 to €5,891
- Tax, wage and social debts +€6,941
up €6,941 (+38.6%), from €17,966 to €24,906
of which Taxes: +€10,941
- Short-term financial debts +€5,402
up €5,402 (+822.6%), from €657 to €6,058
- Trade debts -€3,882
down €3,882 (-28.6%), from €13,571 to €9,689
- Gross operating margin +€19,100
up €19,100 (+57.3%), from €33,320 to €52,420
- Taxes +€3,269
up €3,269 (+51.6%), from €6,330 to €9,599
- Financial charges +€1,856
up €1,856 (+45.8%), from €4,053 to €5,910
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 | €127,863 | €51,545 | -€76,319 | -59.7% |
| Fixed assets | 21/28 | €8,345 | €7,074 | -€1,271 | -15.2% |
| Tangible fixed assets | 22/27 | €8,345 | €7,074 | -€1,271 | -15.2% |
| Furniture and vehicles | 24 | €6,695 | €5,665 | -€1,029 | -15.4% |
| Other tangible fixed assets | 26 | €1,650 | €1,408 | -€242 | -14.6% |
| Current assets | 29/58 | €119,518 | €44,471 | -€75,047 | -62.8% |
| Amounts receivable within one year | 40/41 | €104,663 | €29,068 | -€75,595 | -72.2% |
| Trade receivables | 40 | €14,395 | €17,037 | +€2,642 | +18.4% |
| Other amounts receivable | 41 | €90,268 | €12,031 | -€78,237 | -86.7% |
| Cash at bank and in hand | 54/58 | €14,856 | €12,776 | -€2,080 | -14.0% |
| Deferred charges and accrued income | 490/1 | €0 | €2,627 | +€2,627 | |
| Total equity and liabilities | 10/49 | €127,863 | €51,545 | -€76,319 | -59.7% |
| Equity | 10/15 | €95,670 | €10,891 | -€84,779 | -88.6% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €90,670 | €5,891 | -€84,779 | -93.5% |
| Distributable reserves | 133 | €90,670 | €5,891 | -€84,779 | -93.5% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €32,193 | €40,653 | +€8,460 | +26.3% |
| Amounts payable within one year | 42/48 | €32,193 | €40,653 | +€8,460 | +26.3% |
| Financial debts | 43 | €657 | €6,058 | +€5,402 | +822.6% |
| Credit institutions | 430/8 | €657 | €6,058 | +€5,402 | +822.6% |
| Trade debts | 44 | €13,571 | €9,689 | -€3,882 | -28.6% |
| Suppliers | 440/4 | €13,571 | €9,689 | -€3,882 | -28.6% |
| Taxes, remuneration and social security | 45 | €17,966 | €24,906 | +€6,941 | +38.6% |
| Taxes | 450/3 | €13,966 | €24,906 | +€10,941 | +78.3% |
| Remuneration and social security | 454/9 | €4,000 | €0 | -€4,000 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €758 | €1,271 | +€513 | +67.8% |
| Other operating charges | 640/8 | €1,128 | €1,596 | +€467 | +41.4% |
| Gross operating margin | 9900 | €33,320 | €52,420 | +€19,100 | +57.3% |
| Operating profit (loss) | 9901 | €31,434 | €49,553 | +€18,119 | +57.6% |
| Financial charges | 65/66B | €4,053 | €5,910 | +€1,856 | +45.8% |
| Recurring financial charges | 65 | €4,053 | €5,910 | +€1,856 | +45.8% |
| Profit (loss) for the period before taxes | 9903 | €27,381 | €43,644 | +€16,263 | +59.4% |
| Income taxes | 67/77 | €6,330 | €9,599 | +€3,269 | +51.6% |
| Profit (loss) for the period | 9904 | €21,050 | €34,045 | +€12,994 | +61.7% |
| Profit (loss) for the period to be appropriated | 9905 | €21,050 | €34,045 | +€12,994 | +61.7% |
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.