EME GROUP: 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.
EME GROUP
Largest movements
- Receivables within one year +€60,066
up €60,066 (+393%), from €15,284 to €75,350
of which Other amounts receivable: +€40,892
- Stocks and contracts +€20,034
new in 2025: €20,034
- Cash +€10,662
up €10,662 (+57.1%), from €18,681 to €29,343
mainly Net result for the year (+€69,045) and Tax, wage and social debts (+€17,328)
- Reserves +€69,045
up €69,045 (+276%), from €25,035 to €94,079
- Tax, wage and social debts +€17,328
up €17,328 (+227%), from €7,649 to €24,977
- Trade debts +€3,973
up €3,973 (+2,012%), from €198 to €4,171
- Gross operating margin +€58,055
up €58,055 (+182%), from €31,835 to €89,889
- Taxes +€11,424
up €11,424 (+169%), from €6,777 to €18,201
- Other operating charges +€3,434
new in 2025: €3,434
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.
Derived cash bridge
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 | €34,382 | €124,727 | +€90,346 | +263% |
| Current assets | 29/58 | €34,382 | €124,727 | +€90,346 | +263% |
| Stocks and contracts in progress | 3 | - | €20,034 | +€20,034 | |
| Stocks | 30/36 | - | €20,034 | +€20,034 | |
| Amounts receivable within one year | 40/41 | €15,284 | €75,350 | +€60,066 | +393% |
| Trade receivables | 40 | €13,545 | €32,719 | +€19,174 | +142% |
| Other amounts receivable | 41 | €1,739 | €42,631 | +€40,892 | +2,351% |
| Cash at bank and in hand | 54/58 | €18,681 | €29,343 | +€10,662 | +57.1% |
| Deferred charges and accrued income | 490/1 | €416 | - | -€416 | |
| Total equity and liabilities | 10/49 | €34,382 | €124,727 | +€90,346 | +263% |
| Equity | 10/15 | €26,535 | €95,579 | +€69,045 | +260% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Reserves | 13 | €25,035 | €94,079 | +€69,045 | +276% |
| Distributable reserves | 133 | €25,035 | €94,079 | +€69,045 | +276% |
| Amounts payable | 17/49 | €7,847 | €29,148 | +€21,301 | +271% |
| Amounts payable within one year | 42/48 | €7,847 | €29,148 | +€21,301 | +271% |
| Trade debts | 44 | €198 | €4,171 | +€3,973 | +2,012% |
| Suppliers | 440/4 | €198 | €4,171 | +€3,973 | +2,012% |
| Taxes, remuneration and social security | 45 | €7,649 | €24,977 | +€17,328 | +227% |
| Taxes | 450/3 | €7,649 | €24,977 | +€17,328 | +227% |
| Other operating charges | 640/8 | - | €3,434 | +€3,434 | |
| Gross operating margin | 9900 | €31,835 | €89,889 | +€58,055 | +182% |
| Operating profit (loss) | 9901 | €31,835 | €86,455 | +€54,620 | +172% |
| Financial income | 75/76B | €53 | €950 | +€897 | +1,701% |
| Recurring financial income | 75 | €53 | €950 | +€897 | +1,701% |
| Financial charges | 65/66B | €76 | €159 | +€83 | +109% |
| Recurring financial charges | 65 | €76 | €159 | +€83 | +109% |
| Profit (loss) for the period before taxes | 9903 | €31,811 | €87,245 | +€55,434 | +174% |
| Income taxes | 67/77 | €6,777 | €18,201 | +€11,424 | +169% |
| Profit (loss) for the period | 9904 | €25,035 | €69,045 | +€44,010 | +176% |
| Profit (loss) for the period to be appropriated | 9905 | €25,035 | €69,045 | +€44,010 | +176% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.