EMI95: 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.
EMI95
Largest movements
- Tangible fixed assets -€45,134
down €45,134 (-2.9%), from €1.5m to €1.5m
of which Land and buildings: -€57,080
- Cash +€35,099
up €35,099 (+311.2%), from €11,277 to €46,376
mainly Depreciation (+€92,094) and Net result for the year (+€17,966)
- Debts after one year -€29,351
down €29,351 (-2.9%), from €1.0m to €971,042
of which Financial debts: -€29,526
- Other debts -€28,217
down €28,217 (-5.1%), from €556,538 to €528,321
- Profit (loss) carried forward +€17,966
up €17,966 (+15.2%), from -€118,225 to -€100,259
- Gross operating margin +€50,059
up €50,059 (+39.0%), from €128,280 to €178,339
- Staff costs +€13,273
up €13,273 (+58.2%), from €22,794 to €36,067
- Other operating charges -€8,834
down €8,834 (-58.3%), from €15,153 to €6,319
- Depreciation +€7,930
up €7,930 (+9.4%), from €84,164 to €92,094
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 | €1,572,477 | €1,555,738 | -€16,739 | -1.1% |
| Fixed assets | 21/28 | €1,545,037 | €1,499,037 | -€46,000 | -3.0% |
| Intangible fixed assets | 21 | €1,200 | €334 | -€867 | -72.2% |
| Tangible fixed assets | 22/27 | €1,543,282 | €1,498,148 | -€45,134 | -2.9% |
| Land and buildings | 22 | €1,379,511 | €1,322,431 | -€57,080 | -4.1% |
| Plant, machinery and equipment | 23 | €22,383 | €26,397 | +€4,013 | +17.9% |
| Furniture and vehicles | 24 | €27,065 | €21,886 | -€5,180 | -19.1% |
| Other tangible fixed assets | 26 | €114,322 | €127,435 | +€13,112 | +11.5% |
| Financial fixed assets | 28 | €555 | €555 | = | 0.0% |
| Current assets | 29/58 | €27,440 | €56,701 | +€29,262 | +106.6% |
| Amounts receivable within one year | 40/41 | €14,712 | €7,539 | -€7,174 | -48.8% |
| Trade receivables | 40 | €10,609 | €7,539 | -€3,070 | -28.9% |
| Other amounts receivable | 41 | €4,103 | - | -€4,103 | |
| Cash at bank and in hand | 54/58 | €11,277 | €46,376 | +€35,099 | +311.2% |
| Deferred charges and accrued income | 490/1 | €1,450 | €2,786 | +€1,336 | +92.1% |
| Total equity and liabilities | 10/49 | €1,572,477 | €1,555,738 | -€16,739 | -1.1% |
| Equity | 10/15 | -€53,225 | -€35,259 | +€17,966 | +33.8% |
| Contributions | 10/11 | €65,000 | €65,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€118,225 | -€100,259 | +€17,966 | +15.2% |
| Amounts payable | 17/49 | €1,625,702 | €1,590,997 | -€34,705 | -2.1% |
| Amounts payable after more than one year | 17 | €1,000,392 | €971,042 | -€29,351 | -2.9% |
| Financial debts | 170/4 | €993,127 | €963,602 | -€29,526 | -3.0% |
| Other amounts payable | 178/9 | €7,265 | €7,440 | +€175 | +2.4% |
| Amounts payable within one year | 42/48 | €625,309 | €619,955 | -€5,354 | -0.9% |
| Current portion of amounts payable after more than one year | 42 | €63,924 | €78,005 | +€14,080 | +22.0% |
| Trade debts | 44 | €1,198 | €1,918 | +€720 | +60.1% |
| Suppliers | 440/4 | €1,198 | €1,918 | +€720 | +60.1% |
| Taxes, remuneration and social security | 45 | €3,648 | €11,711 | +€8,063 | +221.0% |
| Taxes | 450/3 | €1,636 | €11,570 | +€9,934 | +607.2% |
| Remuneration and social security | 454/9 | €2,013 | €141 | -€1,871 | -93.0% |
| Other amounts payable | 47/48 | €556,538 | €528,321 | -€28,217 | -5.1% |
| Remuneration, social security and pensions | 62 | €22,794 | €36,067 | +€13,273 | +58.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €84,164 | €92,094 | +€7,930 | +9.4% |
| Other operating charges | 640/8 | €15,153 | €6,319 | -€8,834 | -58.3% |
| Gross operating margin | 9900 | €128,280 | €178,339 | +€50,059 | +39.0% |
| Operating profit (loss) | 9901 | €6,170 | €43,860 | +€37,690 | +610.9% |
| Financial income | 75/76B | €23 | €725 | +€702 | +3118.4% |
| Recurring financial income | 75 | €23 | €725 | +€702 | +3118.4% |
| Financial charges | 65/66B | €25,262 | €26,482 | +€1,220 | +4.8% |
| Recurring financial charges | 65 | €25,262 | €26,482 | +€1,220 | +4.8% |
| Profit (loss) for the period before taxes | 9903 | -€19,070 | €18,102 | +€37,172 | |
| Income taxes | 67/77 | - | €137 | +€137 | |
| Profit (loss) for the period | 9904 | -€19,070 | €17,966 | +€37,036 | |
| Profit (loss) for the period to be appropriated | 9905 | -€19,070 | €17,966 | +€37,036 |
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 1 October 2026 via checked.be.