EMFIP: 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.
EMFIP
Largest movements
- Receivables within one year -€18,000
down €18,000 (-46.8%), from €38,428 to €20,428
- Profit (loss) carried forward -€19,307
down €19,307 (-15.0%), from -€129,004 to -€148,311
- Other debts +€1,500
up €1,500 (+10.2%), from €14,741 to €16,241
- Other operating charges +€553
up €553 (+127%), from €434 to €987
- Gross operating margin +€190
up €190 (+1.0%), from -€18,375 to -€18,185
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.
Derived cash bridge
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 | €40,109 | €22,303 | -€17,807 | -44.4% |
| Fixed assets | 21/28 | €1,500 | €1,500 | = | 0.0% |
| Financial fixed assets | 28 | €1,500 | €1,500 | = | 0.0% |
| Current assets | 29/58 | €38,609 | €20,803 | -€17,807 | -46.1% |
| Amounts receivable within one year | 40/41 | €38,428 | €20,428 | -€18,000 | -46.8% |
| Other amounts receivable | 41 | €38,428 | €20,428 | -€18,000 | -46.8% |
| Cash at bank and in hand | 54/58 | €181 | €374 | +€193 | +107% |
| Total equity and liabilities | 10/49 | €40,109 | €22,303 | -€17,807 | -44.4% |
| Equity | 10/15 | €25,369 | €6,062 | -€19,307 | -76.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €148,173 | €148,173 | = | 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% |
| Tax-exempt reserves | 132 | €13,000 | €13,000 | = | 0.0% |
| Distributable reserves | 133 | €133,313 | €133,313 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€129,004 | -€148,311 | -€19,307 | -15.0% |
| Amounts payable | 17/49 | €14,741 | €16,241 | +€1,500 | +10.2% |
| Amounts payable within one year | 42/48 | €14,741 | €16,241 | +€1,500 | +10.2% |
| Other amounts payable | 47/48 | €14,741 | €16,241 | +€1,500 | +10.2% |
| Other operating charges | 640/8 | €434 | €987 | +€553 | +127% |
| Gross operating margin | 9900 | -€18,375 | -€18,185 | +€190 | +1.0% |
| Operating profit (loss) | 9901 | -€18,810 | -€19,172 | -€363 | -1.9% |
| Financial charges | 65/66B | €124 | €135 | +€11 | +8.5% |
| Recurring financial charges | 65 | €124 | €135 | +€11 | +8.5% |
| Profit (loss) for the period before taxes | 9903 | -€18,934 | -€19,307 | -€373 | -2.0% |
| Profit (loss) for the period | 9904 | -€18,934 | -€19,307 | -€373 | -2.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€18,934 | -€19,307 | -€373 | -2.0% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.