EMERGIS CAPITAL: 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.
EMERGIS CAPITAL
Largest movements
- Tangible fixed assets +€11,961
up €11,961 (+6.7%), from €177,559 to €189,521
of which Land and buildings: +€12,423
- Accrued charges and deferred income +€12,930
up €12,930 (+4.2%), from €305,577 to €318,506
- Profit (loss) carried forward -€8,717
down €8,717 (-1.1%), from -€803,192 to -€811,910
- Trade debts +€7,380
up €7,380 (+987%), from €747 to €8,127
- Gross operating margin +€15,469
up €15,469 (+395%), from €3,913 to €19,382
- Other operating charges -€612
down €612 (-15.9%), from €3,844 to €3,233
- Financial charges +€242
up €242 (+1.9%), from €12,945 to €13,187
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 | €208,088 | €220,985 | +€12,897 | +6.2% |
| Fixed assets | 21/28 | €177,977 | €189,938 | +€11,961 | +6.7% |
| Tangible fixed assets | 22/27 | €177,559 | €189,521 | +€11,961 | +6.7% |
| Land and buildings | 22 | €173,427 | €185,849 | +€12,423 | +7.2% |
| Furniture and vehicles | 24 | €4,133 | €3,671 | -€461 | -11.2% |
| Financial fixed assets | 28 | €418 | €418 | = | 0.0% |
| Current assets | 29/58 | €30,111 | €31,047 | +€936 | +3.1% |
| Stocks and contracts in progress | 3 | €949 | €722 | -€227 | -23.9% |
| Stocks | 30/36 | €949 | €722 | -€227 | -23.9% |
| Amounts receivable within one year | 40/41 | €5,451 | €5,264 | -€186 | -3.4% |
| Trade receivables | 40 | €5,451 | €5,147 | -€304 | -5.6% |
| Other amounts receivable | 41 | - | €117 | +€117 | |
| Cash at bank and in hand | 54/58 | €22,440 | €23,996 | +€1,556 | +6.9% |
| Deferred charges and accrued income | 490/1 | €1,271 | €1,064 | -€207 | -16.3% |
| Total equity and liabilities | 10/49 | €208,088 | €220,985 | +€12,897 | +6.2% |
| Equity | 10/15 | -€653,192 | -€661,910 | -€8,717 | -1.3% |
| Contributions | 10/11 | €150,000 | €150,000 | = | 0.0% |
| Capital | 10 | €150,000 | €150,000 | = | 0.0% |
| Issued capital | 100 | €150,000 | €150,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€803,192 | -€811,910 | -€8,717 | -1.1% |
| Amounts payable | 17/49 | €861,280 | €882,895 | +€21,614 | +2.5% |
| Amounts payable after more than one year | 17 | €150,000 | €150,000 | = | 0.0% |
| Financial debts | 170/4 | €150,000 | €150,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €405,704 | €414,388 | +€8,685 | +2.1% |
| Trade debts | 44 | €747 | €8,127 | +€7,380 | +987% |
| Suppliers | 440/4 | €747 | €8,127 | +€7,380 | +987% |
| Taxes, remuneration and social security | 45 | €329 | €1,560 | +€1,231 | +374% |
| Taxes | 450/3 | €329 | €1,560 | +€1,231 | +374% |
| Other amounts payable | 47/48 | €404,627 | €404,701 | +€74 | 0.0% |
| Accrued charges and deferred income | 492/3 | €305,577 | €318,506 | +€12,930 | +4.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,028 | €11,909 | -€119 | -1.0% |
| Other operating charges | 640/8 | €3,844 | €3,233 | -€612 | -15.9% |
| Gross operating margin | 9900 | €3,913 | €19,382 | +€15,469 | +395% |
| Operating profit (loss) | 9901 | -€11,958 | €4,241 | +€16,200 | |
| Financial income | 75/76B | €43 | €228 | +€186 | +434% |
| Recurring financial income | 75 | €43 | €228 | +€186 | +434% |
| Financial charges | 65/66B | €12,945 | €13,187 | +€242 | +1.9% |
| Recurring financial charges | 65 | €12,945 | €13,187 | +€242 | +1.9% |
| Profit (loss) for the period before taxes | 9903 | -€24,861 | -€8,717 | +€16,143 | +64.9% |
| Profit (loss) for the period | 9904 | -€24,861 | -€8,717 | +€16,143 | +64.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€24,861 | -€8,717 | +€16,143 | +64.9% |
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 20 October 2026 via checked.be.