EMEXA: 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.
EMEXA
Largest movements
- Tangible fixed assets +€324,812
up €324,812 (+452.3%), from €71,808 to €396,620
of which Land and buildings: +€325,524
- Debts after one year +€336,190
up €336,190 (+340.7%), from €98,690 to €434,880
of which Other amounts payable: +€336,190
- Profit (loss) carried forward -€8,612
down €8,612 (-27.9%), from -€30,872 to -€39,484
- Depreciation +€12,910
up €12,910 (+605.3%), from €2,133 to €15,043
- Gross operating margin +€7,309
up €7,309 (+807.6%), from €905 to €8,214
- Other operating charges +€848
up €848 (+106.7%), from €795 to €1,643
- Financial charges -€89
down €89 (-38.9%), from €229 to €140
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 | €74,063 | €401,634 | +€327,571 | +442.3% |
| Fixed assets | 21/28 | €71,808 | €396,620 | +€324,812 | +452.3% |
| Tangible fixed assets | 22/27 | €71,808 | €396,620 | +€324,812 | +452.3% |
| Land and buildings | 22 | €69,445 | €394,969 | +€325,524 | +468.8% |
| Furniture and vehicles | 24 | €2,363 | €1,651 | -€712 | -30.1% |
| Current assets | 29/58 | €2,255 | €5,014 | +€2,759 | +122.4% |
| Amounts receivable within one year | 40/41 | €113 | €3,547 | +€3,434 | +3038.9% |
| Trade receivables | 40 | €113 | - | -€113 | |
| Other amounts receivable | 41 | - | €3,547 | +€3,547 | |
| Cash at bank and in hand | 54/58 | €1,960 | €1,280 | -€680 | -34.7% |
| Deferred charges and accrued income | 490/1 | €182 | €187 | +€5 | +2.7% |
| Total equity and liabilities | 10/49 | €74,063 | €401,634 | +€327,571 | +442.3% |
| Equity | 10/15 | -€24,672 | -€33,284 | -€8,612 | -34.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€30,872 | -€39,484 | -€8,612 | -27.9% |
| Amounts payable | 17/49 | €98,735 | €434,918 | +€336,183 | +340.5% |
| Amounts payable after more than one year | 17 | €98,690 | €434,880 | +€336,190 | +340.7% |
| Financial debts | 170/4 | €75,000 | €75,000 | = | 0.0% |
| Other amounts payable | 178/9 | €23,690 | €359,880 | +€336,190 | +1419.1% |
| Amounts payable within one year | 42/48 | - | €38 | +€38 | |
| Trade debts | 44 | - | €38 | +€38 | |
| Suppliers | 440/4 | - | €38 | +€38 | |
| Accrued charges and deferred income | 492/3 | €45 | - | -€45 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,133 | €15,043 | +€12,910 | +605.3% |
| Other operating charges | 640/8 | €795 | €1,643 | +€848 | +106.7% |
| Gross operating margin | 9900 | €905 | €8,214 | +€7,309 | +807.6% |
| Operating profit (loss) | 9901 | -€2,023 | -€8,472 | -€6,449 | -318.8% |
| Financial charges | 65/66B | €229 | €140 | -€89 | -38.9% |
| Recurring financial charges | 65 | €229 | €140 | -€89 | -38.9% |
| Profit (loss) for the period before taxes | 9903 | -€2,252 | -€8,612 | -€6,360 | -282.4% |
| Profit (loss) for the period | 9904 | -€2,252 | -€8,612 | -€6,360 | -282.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,252 | -€8,612 | -€6,360 | -282.4% |
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 5 October 2026 via checked.be.