EMERITE: 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.
EMERITE
Largest movements
- Cash +€88,293
up €88,293 (+4.4%), from €2.0m to €2.1m
mainly Net result for the year (+€93,180) and Depreciation (+€15,068)
- Profit (loss) carried forward +€93,180
up €93,180 (+4.1%), from €2.3m to €2.4m
- Purchases and services +€52,323
up €52,323 (+241.0%), from €21,707 to €74,030
- Turnover +€51,057
up €51,057 (+27.0%), from €189,188 to €240,245
- Financial charges +€6,312
up €6,312 (+201.4%), from €3,134 to €9,446
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,399,574 | €2,472,798 | +€73,224 | +3.1% |
| Fixed assets | 21/28 | €356,301 | €341,233 | -€15,068 | -4.2% |
| Tangible fixed assets | 22/27 | €356,301 | €341,233 | -€15,068 | -4.2% |
| Land and buildings | 22 | €356,301 | €341,233 | -€15,068 | -4.2% |
| Current assets | 29/58 | €2,043,272 | €2,131,565 | +€88,293 | +4.3% |
| Amounts receivable within one year | 40/41 | €15,349 | €15,349 | = | 0.0% |
| Trade receivables | 40 | €15,349 | €15,349 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €2,027,923 | €2,116,216 | +€88,293 | +4.4% |
| Total equity and liabilities | 10/49 | €2,399,574 | €2,472,798 | +€73,224 | +3.1% |
| Equity | 10/15 | €2,289,747 | €2,382,928 | +€93,180 | +4.1% |
| Contributions | 10/11 | €6,197 | €6,197 | = | 0.0% |
| Capital | 10 | €6,197 | €6,197 | = | 0.0% |
| Issued capital | 100 | €18,592 | €18,592 | = | 0.0% |
| Uncalled capital | 101 | €12,395 | €12,395 | = | 0.0% |
| Reserves | 13 | €1,859 | €1,859 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Legal reserve | 130 | €1,859 | €1,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,281,691 | €2,374,871 | +€93,180 | +4.1% |
| Amounts payable | 17/49 | €109,826 | €89,870 | -€19,956 | -18.2% |
| Amounts payable within one year | 42/48 | €109,826 | €89,870 | -€19,956 | -18.2% |
| Trade debts | 44 | €731 | - | -€731 | |
| Suppliers | 440/4 | €731 | - | -€731 | |
| Taxes, remuneration and social security | 45 | €109,095 | €89,870 | -€19,225 | -17.6% |
| Taxes | 450/3 | €109,095 | €89,870 | -€19,225 | -17.6% |
| Turnover | 70 | €189,188 | €240,245 | +€51,057 | +27.0% |
| Goods, raw materials, services and sundry goods | 60/61 | €21,707 | €74,030 | +€52,323 | +241.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,068 | €15,068 | = | 0.0% |
| Other operating charges | 640/8 | €2,669 | €3,982 | +€1,312 | +49.2% |
| Gross operating margin | 9900 | €167,481 | €166,215 | -€1,266 | -0.8% |
| Operating profit (loss) | 9901 | €149,743 | €147,165 | -€2,579 | -1.7% |
| Financial charges | 65/66B | €3,134 | €9,446 | +€6,312 | +201.4% |
| Recurring financial charges | 65 | €3,134 | €9,446 | +€6,312 | +201.4% |
| Profit (loss) for the period before taxes | 9903 | €146,609 | €137,718 | -€8,891 | -6.1% |
| Income taxes | 67/77 | €44,751 | €44,538 | -€212 | -0.5% |
| Profit (loss) for the period | 9904 | €101,859 | €93,180 | -€8,678 | -8.5% |
| Profit (loss) for the period to be appropriated | 9905 | €101,859 | €93,180 | -€8,678 | -8.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.