Emerance: 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.
Emerance
Largest movements
- Cash +€46,164
up €46,164 (+409.6%), from €11,271 to €57,435
mainly Net result for the year (+€31,579) and Receivables within one year (+€11,526)
- Receivables within one year -€11,526
down €11,526 (-54.8%), from €21,036 to €9,510
of which Trade receivables: -€12,166
- Tangible fixed assets +€1,032
up €1,032 (+314.3%), from €328 to €1,360
of which Furniture and vehicles: +€1,032
- Profit (loss) carried forward +€31,579
up €31,579 (+288.2%), from €10,959 to €42,538
- Tax, wage and social debts +€3,517
up €3,517 (+1866.4%), from €188 to €3,706
of which Taxes: +€3,517
- Other debts +€1,147
up €1,147 (+9.0%), from €12,722 to €13,869
- Gross operating margin +€23,043
up €23,043 (+187.5%), from €12,288 to €35,331
- Turnover +€12,750
up €12,750 (+28.3%), from €44,985 to €57,734
- Purchases and services -€10,294
down €10,294 (-31.5%), from €32,697 to €22,404
- Taxes +€2,449
up €2,449 (+2048.5%), from €120 to €2,569
- Depreciation -€1,931
down €1,931 (-74.7%), from €2,586 to €655
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 | €32,635 | €68,305 | +€35,670 | +109.3% |
| Fixed assets | 21/28 | €328 | €1,360 | +€1,032 | +314.3% |
| Tangible fixed assets | 22/27 | €328 | €1,360 | +€1,032 | +314.3% |
| Plant, machinery and equipment | 23 | €0 | €0 | = | |
| Furniture and vehicles | 24 | €328 | €1,360 | +€1,032 | +314.3% |
| Current assets | 29/58 | €32,307 | €66,945 | +€34,638 | +107.2% |
| Amounts receivable within one year | 40/41 | €21,036 | €9,510 | -€11,526 | -54.8% |
| Trade receivables | 40 | €21,036 | €8,870 | -€12,166 | -57.8% |
| Other amounts receivable | 41 | €0 | €640 | +€640 | |
| Cash at bank and in hand | 54/58 | €11,271 | €57,435 | +€46,164 | +409.6% |
| Total equity and liabilities | 10/49 | €32,635 | €68,305 | +€35,670 | +109.3% |
| Equity | 10/15 | €19,019 | €50,598 | +€31,579 | +166.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €10,959 | €42,538 | +€31,579 | +288.2% |
| Amounts payable | 17/49 | €13,617 | €17,707 | +€4,091 | +30.0% |
| Amounts payable within one year | 42/48 | €13,617 | €17,707 | +€4,091 | +30.0% |
| Trade debts | 44 | €706 | €132 | -€574 | -81.3% |
| Suppliers | 440/4 | €706 | €132 | -€574 | -81.3% |
| Taxes, remuneration and social security | 45 | €188 | €3,706 | +€3,517 | +1866.4% |
| Taxes | 450/3 | €188 | €3,706 | +€3,517 | +1866.4% |
| Remuneration and social security | 454/9 | €0 | €0 | = | |
| Other amounts payable | 47/48 | €12,722 | €13,869 | +€1,147 | +9.0% |
| Turnover | 70 | €44,985 | €57,734 | +€12,750 | +28.3% |
| Goods, raw materials, services and sundry goods | 60/61 | €32,697 | €22,404 | -€10,294 | -31.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,586 | €655 | -€1,931 | -74.7% |
| Other operating charges | 640/8 | €711 | €618 | -€93 | -13.0% |
| Gross operating margin | 9900 | €12,288 | €35,331 | +€23,043 | +187.5% |
| Operating profit (loss) | 9901 | €8,991 | €34,058 | +€25,067 | +278.8% |
| Financial income | 75/76B | €0 | €124 | +€124 | +206933.3% |
| Recurring financial income | 75 | €0 | €124 | +€124 | +206933.3% |
| Financial charges | 65/66B | €45 | €34 | -€11 | -25.0% |
| Recurring financial charges | 65 | €45 | €34 | -€11 | -25.0% |
| Profit (loss) for the period before taxes | 9903 | €8,946 | €34,148 | +€25,202 | +281.7% |
| Income taxes | 67/77 | €120 | €2,569 | +€2,449 | +2048.5% |
| Profit (loss) for the period | 9904 | €8,826 | €31,579 | +€22,753 | +257.8% |
| Profit (loss) for the period to be appropriated | 9905 | €8,826 | €31,579 | +€22,753 | +257.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.