EMGIS: 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.
EMGIS
Largest movements
- Financial fixed assets -€37,500
down €37,500 (-19.3%), from €194,050 to €156,550
- Receivables within one year +€28,804
up €28,804 (+61.3%), from €46,971 to €75,775
of which Trade receivables: +€64,885
- Cash +€9,134
up €9,134 (+147.8%), from €6,179 to €15,313
mainly Investment in fixed assets (net) (+€40,813) and Other debts (+€4,129)
- Current investments +€7,000
up €7,000 (+116.7%), from €6,000 to €13,000
- Tangible fixed assets -€3,583
down €3,583 (-77.2%), from €4,642 to €1,058
of which Plant, machinery and equipment: -€3,313
- Tax, wage and social debts -€7,010
down €7,010 (-38.1%), from €18,399 to €11,389
- Other debts +€4,129
up €4,129 (+12.6%), from €32,667 to €36,796
- Trade debts +€2,968
up €2,968 (+149.7%), from €1,983 to €4,950
- Financial charges +€20,633
up €20,633 (+4472.5%), from €461 to €21,094
of which Non-recurring financial charges: +€20,850
- Gross operating margin +€13,445
up €13,445 (+89.8%), from €14,966 to €28,412
- Taxes +€1,795
up €1,795 (+51.4%), from €3,492 to €5,286
- Other operating charges +€952
up €952 (+185.4%), from €513 to €1,465
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 | €286,361 | €286,743 | +€382 | +0.1% |
| Fixed assets | 21/28 | €198,692 | €157,608 | -€41,083 | -20.7% |
| Tangible fixed assets | 22/27 | €4,642 | €1,058 | -€3,583 | -77.2% |
| Plant, machinery and equipment | 23 | €3,313 | - | -€3,313 | |
| Furniture and vehicles | 24 | €1,329 | €1,058 | -€271 | -20.4% |
| Financial fixed assets | 28 | €194,050 | €156,550 | -€37,500 | -19.3% |
| Current assets | 29/58 | €87,669 | €129,135 | +€41,466 | +47.3% |
| Amounts receivable within one year | 40/41 | €46,971 | €75,775 | +€28,804 | +61.3% |
| Trade receivables | 40 | €10,890 | €75,775 | +€64,885 | +595.8% |
| Other amounts receivable | 41 | €36,081 | - | -€36,081 | |
| Current investments | 50/53 | €6,000 | €13,000 | +€7,000 | +116.7% |
| Cash at bank and in hand | 54/58 | €6,179 | €15,313 | +€9,134 | +147.8% |
| Deferred charges and accrued income | 490/1 | €28,518 | €25,047 | -€3,472 | -12.2% |
| Total equity and liabilities | 10/49 | €286,361 | €286,743 | +€382 | +0.1% |
| Equity | 10/15 | €233,313 | €233,608 | +€295 | +0.1% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €228,313 | €228,608 | +€295 | +0.1% |
| Distributable reserves | 133 | €228,313 | €228,608 | +€295 | +0.1% |
| Amounts payable | 17/49 | €53,048 | €53,135 | +€87 | +0.2% |
| Amounts payable within one year | 42/48 | €53,048 | €53,135 | +€87 | +0.2% |
| Trade debts | 44 | €1,983 | €4,950 | +€2,968 | +149.7% |
| Suppliers | 440/4 | €1,983 | €4,950 | +€2,968 | +149.7% |
| Taxes, remuneration and social security | 45 | €18,399 | €11,389 | -€7,010 | -38.1% |
| Taxes | 450/3 | €18,399 | €11,389 | -€7,010 | -38.1% |
| Other amounts payable | 47/48 | €32,667 | €36,796 | +€4,129 | +12.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25 | €271 | +€246 | +976.3% |
| Other operating charges | 640/8 | €513 | €1,465 | +€952 | +185.4% |
| Gross operating margin | 9900 | €14,966 | €28,412 | +€13,445 | +89.8% |
| Operating profit (loss) | 9901 | €14,428 | €26,676 | +€12,248 | +84.9% |
| Financial charges | 65/66B | €461 | €21,094 | +€20,633 | +4472.5% |
| Recurring financial charges | 65 | €461 | €244 | -€217 | -47.1% |
| Non-recurring financial charges | 66B | - | €20,850 | +€20,850 | |
| Profit (loss) for the period before taxes | 9903 | €13,966 | €5,581 | -€8,385 | -60.0% |
| Income taxes | 67/77 | €3,492 | €5,286 | +€1,795 | +51.4% |
| Profit (loss) for the period | 9904 | €10,475 | €295 | -€10,180 | -97.2% |
| Profit (loss) for the period to be appropriated | 9905 | €10,475 | €295 | -€10,180 | -97.2% |
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 6 October 2026 via checked.be.