EMDEKA: 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.
EMDEKA
Largest movements
- Current investments -€966,059
down €966,059 (-54.7%), from €1.8m to €800,608
- Cash +€205,179
up €205,179 (+87.1%), from €235,680 to €440,859
mainly Current investments (+€966,059) and Deferred charges and accrued income (+€147,136)
- Deferred charges and accrued income -€147,136
down €147,136 (-93.2%), from €157,932 to €10,797
- Profit (loss) carried forward -€640,933
down €640,933 (-100.0%), from €640,933 to €0
- Contributions -€250,000
down €250,000 (-64.9%), from €385,000 to €135,000
- Tax, wage and social debts -€70,802
down €70,802 (-99.0%), from €71,553 to €751
of which Taxes: -€67,352
- Financial income -€679,925
down €679,925 (-92.4%), from €735,860 to €55,936
of which Non-recurring financial income: -€721,360
- Gross operating margin +€47,292
up €47,292 (+3036.3%), from €1,558 to €48,849
- Taxes -€39,807
down €39,807 (-60.1%), from €66,211 to €26,405
- Depreciation +€12,318
up €12,318 (+140.0%), from €8,799 to €21,117
- Other operating charges +€521
up €521 (+37.8%), from €1,377 to €1,897
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 | €2,275,032 | €1,329,923 | -€945,109 | -41.5% |
| Fixed assets | 21/28 | €96,784 | €75,668 | -€21,117 | -21.8% |
| Tangible fixed assets | 22/27 | €96,784 | €75,668 | -€21,117 | -21.8% |
| Furniture and vehicles | 24 | €96,784 | €75,668 | -€21,117 | -21.8% |
| Financial fixed assets | 28 | €0 | - | = | |
| Current assets | 29/58 | €2,178,247 | €1,254,255 | -€923,992 | -42.4% |
| Amounts receivable within one year | 40/41 | €17,968 | €1,991 | -€15,977 | -88.9% |
| Trade receivables | 40 | €10,068 | €0 | -€10,068 | -100.0% |
| Other amounts receivable | 41 | €7,899 | €1,991 | -€5,908 | -74.8% |
| Current investments | 50/53 | €1,766,667 | €800,608 | -€966,059 | -54.7% |
| Cash at bank and in hand | 54/58 | €235,680 | €440,859 | +€205,179 | +87.1% |
| Deferred charges and accrued income | 490/1 | €157,932 | €10,797 | -€147,136 | -93.2% |
| Total equity and liabilities | 10/49 | €2,275,032 | €1,329,923 | -€945,109 | -41.5% |
| Equity | 10/15 | €2,199,321 | €1,325,239 | -€874,082 | -39.7% |
| Contributions | 10/11 | €385,000 | €135,000 | -€250,000 | -64.9% |
| Reserves | 13 | €1,173,388 | €1,190,239 | +€16,851 | +1.4% |
| Distributable reserves | 133 | €1,173,388 | €1,190,239 | +€16,851 | +1.4% |
| Profit (loss) carried forward | 14 | €640,933 | €0 | -€640,933 | -100.0% |
| Amounts payable | 17/49 | €75,711 | €4,684 | -€71,027 | -93.8% |
| Amounts payable within one year | 42/48 | €75,711 | €4,655 | -€71,056 | -93.9% |
| Trade debts | 44 | €3,989 | €3,904 | -€85 | -2.1% |
| Suppliers | 440/4 | €3,989 | €3,904 | -€85 | -2.1% |
| Taxes, remuneration and social security | 45 | €71,553 | €751 | -€70,802 | -99.0% |
| Taxes | 450/3 | €68,103 | €751 | -€67,352 | -98.9% |
| Remuneration and social security | 454/9 | €3,450 | €0 | -€3,450 | -100.0% |
| Other amounts payable | 47/48 | €168 | €0 | -€168 | -100.0% |
| Accrued charges and deferred income | 492/3 | - | €29 | +€29 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,799 | €21,117 | +€12,318 | +140.0% |
| Other operating charges | 640/8 | €1,377 | €1,897 | +€521 | +37.8% |
| Gross operating margin | 9900 | €1,558 | €48,849 | +€47,292 | +3036.3% |
| Operating profit (loss) | 9901 | -€8,618 | €25,835 | +€34,453 | |
| Financial income | 75/76B | €735,860 | €55,936 | -€679,925 | -92.4% |
| Recurring financial income | 75 | €14,500 | €55,936 | +€41,436 | +285.8% |
| Non-recurring financial income | 76B | €721,360 | €0 | -€721,360 | -100.0% |
| Financial charges | 65/66B | €0 | €15 | +€15 | +10100.0% |
| Recurring financial charges | 65 | €0 | €15 | +€15 | +10100.0% |
| Profit (loss) for the period before taxes | 9903 | €727,242 | €81,756 | -€645,487 | -88.8% |
| Income taxes | 67/77 | €66,211 | €26,405 | -€39,807 | -60.1% |
| Profit (loss) for the period | 9904 | €661,031 | €55,351 | -€605,680 | -91.6% |
| Profit (loss) for the period to be appropriated | 9905 | €661,031 | €55,351 | -€605,680 | -91.6% |
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.