EMG DATA SYSTEM: 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 DATA SYSTEM
Largest movements
- Receivables within one year -€68,989
down €68,989 (-35.6%), from €193,891 to €124,902
of which Trade receivables: -€43,609
- Cash +€27,544
up €27,544 (+688.5%), from €4,000 to €31,544
mainly Receivables within one year (+€68,989) and Net result for the year (+€32,292)
- Tax, wage and social debts -€15,975
down €15,975 (-70.7%), from €22,608 to €6,633
- Trade debts -€12,847
down €12,847 (-77.0%), from €16,690 to €3,843
- Other debts -€12,000
down €12,000 (-33.3%), from €36,000 to €24,000
- Advances received -€10,879
no longer reported in 2024 (was €10,879)
- Profit (loss) carried forward +€8,292
up €8,292 (+8.7%), from €95,553 to €103,845
- Gross operating margin +€42,210
up €42,210 (+2636.6%), from €1,601 to €43,811
- Taxes -€7,269
down €7,269 (-76.6%), from €9,486 to €2,217
- Other operating charges +€6,400
up €6,400 (+730.7%), from €876 to €7,275
- Financial income -€2,202
no longer reported in 2024 (was €2,202)
of which Financial income: -€2,202
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 | €201,990 | €158,581 | -€43,408 | -21.5% |
| Fixed assets | 21/28 | €4,098 | €2,135 | -€1,963 | -47.9% |
| Tangible fixed assets | 22/27 | €1,963 | - | -€1,963 | |
| Plant, machinery and equipment | 23 | €1,963 | - | -€1,963 | |
| Financial fixed assets | 28 | €2,135 | €2,135 | = | 0.0% |
| Current assets | 29/58 | €197,891 | €156,446 | -€41,445 | -20.9% |
| Amounts receivable within one year | 40/41 | €193,891 | €124,902 | -€68,989 | -35.6% |
| Trade receivables | 40 | €67,253 | €23,644 | -€43,609 | -64.8% |
| Other amounts receivable | 41 | €126,638 | €101,258 | -€25,379 | -20.0% |
| Cash at bank and in hand | 54/58 | €4,000 | €31,544 | +€27,544 | +688.5% |
| Total equity and liabilities | 10/49 | €201,990 | €158,581 | -€43,408 | -21.5% |
| Equity | 10/15 | €115,813 | €124,105 | +€8,292 | +7.2% |
| Contributions | 10/11 | €18,400 | €18,400 | = | 0.0% |
| Capital | 10 | €18,400 | €18,400 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Uncalled capital | 101 | €200 | €200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €95,553 | €103,845 | +€8,292 | +8.7% |
| Amounts payable | 17/49 | €86,177 | €34,476 | -€51,700 | -60.0% |
| Amounts payable within one year | 42/48 | €86,177 | €34,476 | -€51,700 | -60.0% |
| Trade debts | 44 | €16,690 | €3,843 | -€12,847 | -77.0% |
| Suppliers | 440/4 | €16,690 | €3,843 | -€12,847 | -77.0% |
| Advances received on contracts in progress | 46 | €10,879 | - | -€10,879 | |
| Taxes, remuneration and social security | 45 | €22,608 | €6,633 | -€15,975 | -70.7% |
| Taxes | 450/3 | €22,608 | €6,633 | -€15,975 | -70.7% |
| Other amounts payable | 47/48 | €36,000 | €24,000 | -€12,000 | -33.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,963 | €1,963 | +€0 | 0.0% |
| Other operating charges | 640/8 | €876 | €7,275 | +€6,400 | +730.7% |
| Gross operating margin | 9900 | €1,601 | €43,811 | +€42,210 | +2636.6% |
| Operating profit (loss) | 9901 | -€1,238 | €34,572 | +€35,810 | |
| Financial income | 75/76B | €2,202 | - | -€2,202 | |
| Recurring financial income | 75 | €2,202 | - | -€2,202 | |
| Non-recurring financial income | 76B | €2,202 | - | -€2,202 | |
| Financial charges | 65/66B | €74 | €63 | -€11 | -14.3% |
| Recurring financial charges | 65 | €74 | €63 | -€11 | -14.3% |
| Profit (loss) for the period before taxes | 9903 | €890 | €34,509 | +€33,619 | +3778.3% |
| Income taxes | 67/77 | €9,486 | €2,217 | -€7,269 | -76.6% |
| Profit (loss) for the period | 9904 | -€8,596 | €32,292 | +€40,888 | |
| Profit (loss) for the period to be appropriated | 9905 | -€8,596 | €32,292 | +€40,888 |
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 7 October 2026 via checked.be.