Emibra: 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.
Emibra
Largest movements
- Receivables within one year -€31,179
down €31,179 (-62.5%), from €49,866 to €18,688
of which Other amounts receivable: -€16,179
- Cash -€8,306
down €8,306 (-7.8%), from €106,922 to €98,616
mainly Contributions, distributions and other (-€53,000) and Tax, wage and social debts (-€15,622)
- Tangible fixed assets -€3,620
down €3,620 (-46.1%), from €7,857 to €4,237
of which Furniture and vehicles: -€3,590
- Tax, wage and social debts -€15,622
down €15,622 (-40.1%), from €39,004 to €23,382
of which Remuneration and social security: -€11,958
- Profit (loss) carried forward -€10,711
down €10,711 (-99.8%), from €10,732 to €21
- Trade debts -€9,203
down €9,203 (-55.9%), from €16,467 to €7,263
- Other debts -€6,256
down €6,256 (-7.1%), from €88,497 to €82,241
- Gross operating margin -€34,371
down €34,371 (-23.1%), from €148,797 to €114,426
- Taxes +€12,669
up €12,669 (+722.4%), from €1,754 to €14,423
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 | €164,700 | €122,907 | -€41,792 | -25.4% |
| Fixed assets | 21/28 | €7,857 | €4,237 | -€3,620 | -46.1% |
| Tangible fixed assets | 22/27 | €7,857 | €4,237 | -€3,620 | -46.1% |
| Plant, machinery and equipment | 23 | €1,980 | €1,950 | -€30 | -1.5% |
| Furniture and vehicles | 24 | €5,877 | €2,287 | -€3,590 | -61.1% |
| Current assets | 29/58 | €156,843 | €118,670 | -€38,173 | -24.3% |
| Amounts receivable within one year | 40/41 | €49,866 | €18,688 | -€31,179 | -62.5% |
| Trade receivables | 40 | €30,000 | €15,000 | -€15,000 | -50.0% |
| Other amounts receivable | 41 | €19,866 | €3,688 | -€16,179 | -81.4% |
| Cash at bank and in hand | 54/58 | €106,922 | €98,616 | -€8,306 | -7.8% |
| Deferred charges and accrued income | 490/1 | €54 | €1,366 | +€1,312 | +2445.9% |
| Total equity and liabilities | 10/49 | €164,700 | €122,907 | -€41,792 | -25.4% |
| Equity | 10/15 | €20,732 | €10,021 | -€10,711 | -51.7% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €10,732 | €21 | -€10,711 | -99.8% |
| Amounts payable | 17/49 | €143,967 | €112,886 | -€31,081 | -21.6% |
| Amounts payable within one year | 42/48 | €143,967 | €112,886 | -€31,081 | -21.6% |
| Trade debts | 44 | €16,467 | €7,263 | -€9,203 | -55.9% |
| Suppliers | 440/4 | €16,467 | €7,263 | -€9,203 | -55.9% |
| Taxes, remuneration and social security | 45 | €39,004 | €23,382 | -€15,622 | -40.1% |
| Taxes | 450/3 | €12,000 | €8,336 | -€3,664 | -30.5% |
| Remuneration and social security | 454/9 | €27,004 | €15,046 | -€11,958 | -44.3% |
| Other amounts payable | 47/48 | €88,497 | €82,241 | -€6,256 | -7.1% |
| Remuneration, social security and pensions | 62 | €48,449 | €49,878 | +€1,429 | +2.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,227 | €5,370 | +€143 | +2.7% |
| Other operating charges | 640/8 | €1,150 | €1,268 | +€118 | +10.2% |
| Gross operating margin | 9900 | €148,797 | €114,426 | -€34,371 | -23.1% |
| Operating profit (loss) | 9901 | €93,971 | €57,910 | -€36,061 | -38.4% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €1,510 | €1,198 | -€312 | -20.6% |
| Recurring financial charges | 65 | €1,510 | €1,198 | -€312 | -20.6% |
| Profit (loss) for the period before taxes | 9903 | €92,461 | €56,712 | -€35,749 | -38.7% |
| Income taxes | 67/77 | €1,754 | €14,423 | +€12,669 | +722.4% |
| Profit (loss) for the period | 9904 | €90,707 | €42,289 | -€48,418 | -53.4% |
| Profit (loss) for the period to be appropriated | 9905 | €90,707 | €42,289 | -€48,418 | -53.4% |
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 5 October 2026 via checked.be.