EMEK: 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.
EMEK
Largest movements
- Tangible fixed assets -€6,640
down €6,640 (-4.8%), from €139,435 to €132,795
of which Land and buildings: -€6,640
- Reserves +€20,239
up €20,239 (+1088.1%), from €1,860 to €22,099
of which Distributable reserves: +€20,239
- Profit (loss) carried forward -€13,744
down €13,744 (-100.0%), from €13,744 to €0
- Debts after one year -€10,975
down €10,975 (-18.4%), from €59,636 to €48,661
- Gross operating margin +€6,218
up €6,218 (+47.4%), from €13,115 to €19,333
- Depreciation -€3,198
down €3,198 (-32.5%), from €9,838 to €6,640
- Financial charges +€1,500
up €1,500 (+692.1%), from €217 to €1,717
- Taxes +€1,073
new in 2025: €1,073
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 | €139,771 | €134,195 | -€5,576 | -4.0% |
| Fixed assets | 21/28 | €139,435 | €132,795 | -€6,640 | -4.8% |
| Tangible fixed assets | 22/27 | €139,435 | €132,795 | -€6,640 | -4.8% |
| Land and buildings | 22 | €139,435 | €132,795 | -€6,640 | -4.8% |
| Plant, machinery and equipment | 23 | - | €0 | = | |
| Furniture and vehicles | 24 | - | €0 | = | |
| Current assets | 29/58 | €336 | €1,399 | +€1,064 | +316.9% |
| Cash at bank and in hand | 54/58 | €336 | €1,399 | +€1,064 | +316.9% |
| Total equity and liabilities | 10/49 | €139,771 | €134,195 | -€5,576 | -4.0% |
| Equity | 10/15 | €34,204 | €40,699 | +€6,495 | +19.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €22,099 | +€20,239 | +1088.1% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | - | €20,239 | +€20,239 | |
| Profit (loss) carried forward | 14 | €13,744 | €0 | -€13,744 | -100.0% |
| Amounts payable | 17/49 | €105,567 | €93,495 | -€12,071 | -11.4% |
| Amounts payable after more than one year | 17 | €59,636 | €48,661 | -€10,975 | -18.4% |
| Financial debts | 170/4 | €59,636 | €48,661 | -€10,975 | -18.4% |
| Amounts payable within one year | 42/48 | €45,931 | €44,835 | -€1,096 | -2.4% |
| Current portion of amounts payable after more than one year | 42 | €8,126 | €7,387 | -€739 | -9.1% |
| Trade debts | 44 | €1,434 | €163 | -€1,272 | -88.7% |
| Suppliers | 440/4 | €1,434 | €163 | -€1,272 | -88.7% |
| Taxes, remuneration and social security | 45 | - | €593 | +€593 | |
| Taxes | 450/3 | - | €593 | +€593 | |
| Other amounts payable | 47/48 | €36,371 | €36,692 | +€322 | +0.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,838 | €6,640 | -€3,198 | -32.5% |
| Other operating charges | 640/8 | €3,288 | €3,432 | +€144 | +4.4% |
| Gross operating margin | 9900 | €13,115 | €19,333 | +€6,218 | +47.4% |
| Operating profit (loss) | 9901 | -€11 | €9,261 | +€9,272 | |
| Financial income | 75/76B | - | €24 | +€24 | |
| Recurring financial income | 75 | - | €24 | +€24 | |
| Financial charges | 65/66B | €217 | €1,717 | +€1,500 | +692.1% |
| Recurring financial charges | 65 | €217 | €1,717 | +€1,500 | +692.1% |
| Profit (loss) for the period before taxes | 9903 | -€228 | €7,568 | +€7,796 | |
| Income taxes | 67/77 | - | €1,073 | +€1,073 | |
| Profit (loss) for the period | 9904 | -€228 | €6,495 | +€6,723 | |
| Profit (loss) for the period to be appropriated | 9905 | -€228 | €6,495 | +€6,723 |
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 28 September 2026 via checked.be.