EMG CONSULT: 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.
EMG CONSULT
Largest movements
- Cash -€1,543
down €1,543 (-47.2%), from €3,271 to €1,728
mainly Other debts (-€29,716) and Tax, wage and social debts (-€5,915)
- Receivables within one year -€1,155
down €1,155 (-17.4%), from €6,655 to €5,500
- Other debts -€29,716
down €29,716 (-65.3%), from €45,541 to €15,824
- Profit (loss) carried forward +€24,951
up €24,951 (+74.0%), from €33,710 to €58,661
- Trade debts +€7,527
up €7,527 (+444.7%), from €1,693 to €9,220
- Tax, wage and social debts -€5,915
down €5,915 (-60.5%), from €9,769 to €3,854
- Gross operating margin +€2,741
up €2,741 (+7.7%), from €35,492 to €38,232
- Taxes +€636
up €636 (+6.5%), from €9,805 to €10,441
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 | €106,559 | €103,404 | -€3,155 | -3.0% |
| Fixed assets | 21/28 | €95,736 | €95,207 | -€529 | -0.6% |
| Tangible fixed assets | 22/27 | €2,271 | €1,742 | -€529 | -23.3% |
| Plant, machinery and equipment | 23 | €2,271 | €1,742 | -€529 | -23.3% |
| Financial fixed assets | 28 | €93,465 | €93,465 | = | 0.0% |
| Current assets | 29/58 | €10,823 | €8,197 | -€2,627 | -24.3% |
| Amounts receivable within one year | 40/41 | €6,655 | €5,500 | -€1,155 | -17.4% |
| Trade receivables | 40 | €6,655 | €5,500 | -€1,155 | -17.4% |
| Cash at bank and in hand | 54/58 | €3,271 | €1,728 | -€1,543 | -47.2% |
| Deferred charges and accrued income | 490/1 | €897 | €969 | +€72 | +8.0% |
| Total equity and liabilities | 10/49 | €106,559 | €103,404 | -€3,155 | -3.0% |
| Equity | 10/15 | €48,692 | €73,643 | +€24,951 | +51.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €8,782 | €8,782 | = | 0.0% |
| Tax-exempt reserves | 132 | €6,922 | €6,922 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €33,710 | €58,661 | +€24,951 | +74.0% |
| Amounts payable | 17/49 | €57,867 | €29,761 | -€28,106 | -48.6% |
| Amounts payable within one year | 42/48 | €57,867 | €29,761 | -€28,106 | -48.6% |
| Financial debts | 43 | €865 | €863 | -€3 | -0.3% |
| Credit institutions | 430/8 | €865 | €863 | -€3 | -0.3% |
| Trade debts | 44 | €1,693 | €9,220 | +€7,527 | +444.7% |
| Suppliers | 440/4 | €1,693 | €9,220 | +€7,527 | +444.7% |
| Taxes, remuneration and social security | 45 | €9,769 | €3,854 | -€5,915 | -60.5% |
| Taxes | 450/3 | €9,769 | €3,854 | -€5,915 | -60.5% |
| Other amounts payable | 47/48 | €45,541 | €15,824 | -€29,716 | -65.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €485 | €529 | +€44 | +9.0% |
| Other operating charges | 640/8 | €1,980 | €2,145 | +€166 | +8.4% |
| Gross operating margin | 9900 | €35,492 | €38,232 | +€2,741 | +7.7% |
| Operating profit (loss) | 9901 | €33,027 | €35,558 | +€2,531 | +7.7% |
| Financial charges | 65/66B | €160 | €166 | +€6 | +3.7% |
| Recurring financial charges | 65 | €160 | €166 | +€6 | +3.7% |
| Profit (loss) for the period before taxes | 9903 | €32,867 | €35,392 | +€2,525 | +7.7% |
| Income taxes | 67/77 | €9,805 | €10,441 | +€636 | +6.5% |
| Profit (loss) for the period | 9904 | €23,062 | €24,951 | +€1,889 | +8.2% |
| Profit (loss) for the period to be appropriated | 9905 | €23,062 | €24,951 | +€1,889 | +8.2% |
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 8 October 2026 via checked.be.