Emdecor: what changed
Two financial 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.
Emdecor
Largest movements
- Cash +€161,171
up €161,171 (+549%), from €29,368 to €190,539
- Current investments -€143,341
no longer reported in 2023 (was €143,341)
- Profit (loss) carried forward +€11,257
up €11,257 (+94.5%), from -€11,915 to -€658
- Accrued charges and deferred income +€5,000
new in 2023: €5,000
- Gross operating margin +€10,626
up €10,626, from -€10,386 to €240
- Turnover -€2,518
no longer reported in 2023 (was €2,518)
- Other operating charges +€746
new in 2023: €746
- Financial charges +€134
new in 2023: €134
From the 2020 result to the 2023 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.
Derived cash bridge
A cash bridge needs two consecutive financial years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2020 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €174,317 | €190,539 | +€16,222 | +9.3% |
| Current assets | 29/58 | €174,317 | €190,539 | +€16,222 | +9.3% |
| Amounts receivable within one year | 40/41 | €1,608 | - | -€1,608 | |
| Current investments | 50/53 | €143,341 | - | -€143,341 | |
| Cash at bank and in hand | 54/58 | €29,368 | €190,539 | +€161,171 | +549% |
| Total equity and liabilities | 10/49 | €174,317 | €190,539 | +€16,222 | +9.3% |
| Equity | 10/15 | €174,282 | €185,539 | +€11,257 | +6.5% |
| Contributions | 10/11 | €24,789 | €24,789 | +€0 | 0.0% |
| Reserves | 13 | €161,408 | €161,408 | +€0 | 0.0% |
| Non-distributable reserves | 130/1 | - | €2,479 | +€2,479 | |
| Reserves not available under the articles | 1311 | - | €2,479 | +€2,479 | |
| Distributable reserves | 133 | - | €158,929 | +€158,929 | |
| Profit (loss) carried forward | 14 | -€11,915 | -€658 | +€11,257 | +94.5% |
| Amounts payable | 17/49 | €35 | €5,000 | +€4,965 | +14,186% |
| Amounts payable within one year | 42/48 | €35 | - | -€35 | |
| Accrued charges and deferred income | 492/3 | - | €5,000 | +€5,000 | |
| Turnover | 70 | €2,518 | - | -€2,518 | |
| Other operating charges | 640/8 | - | €746 | +€746 | |
| Gross operating margin | 9900 | -€10,386 | €240 | +€10,626 | |
| Operating profit (loss) | 9901 | -€10,823 | -€506 | +€10,317 | +95.3% |
| Financial charges | 65/66B | - | €134 | +€134 | |
| Recurring financial charges | 65 | €105 | €134 | +€29 | +27.4% |
| Profit (loss) for the period before taxes | 9903 | -€10,928 | -€640 | +€10,288 | +94.1% |
| Profit (loss) for the period | 9904 | -€10,928 | -€640 | +€10,288 | +94.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€10,928 | -€640 | +€10,288 | +94.1% |
Source: filed annual accounts (NBB), financial years ended 31 December 2020 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.