ÉMIDESIGN: what changed
Two financial 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.
ÉMIDESIGN
Largest movements
- Tangible fixed assets +€17,812
up €17,812 (+94.3%), from €18,890 to €36,702
of which Furniture and vehicles: +€18,341
- Stocks and contracts +€15,428
new in 2025: €15,428
- Receivables within one year +€14,459
up €14,459 (+173%), from €8,374 to €22,833
of which Other amounts receivable: +€7,447
- Cash -€3,935
down €3,935 (-9.2%), from €42,595 to €38,661
mainly Investment in fixed assets (net) (-€27,317) and Stocks and contracts (-€15,428)
- Debts after one year +€21,044
up €21,044 (+123%), from €17,079 to €38,123
- Other debts +€14,500
new in 2025: €14,500
- Reserves -€11,806
down €11,806 (-42.3%), from €27,911 to €16,104
- Profit (loss) carried forward +€11,377
no longer reported in 2025 (was -€11,377)
- Current portion of long-term debt +€9,316
up €9,316 (+155%), from €5,991 to €15,307
- Gross operating margin +€20,485
up €20,485 (+258%), from €7,934 to €28,419
- Other operating charges -€18,260
down €18,260 (-96.2%), from €18,980 to €720
- Depreciation +€5,164
up €5,164 (+111%), from €4,632 to €9,797
- Taxes +€1,770
up €1,770 (+631%), from €280 to €2,051
- Financial income -€1,236
down €1,236 (-84.5%), from €1,463 to €227
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.
Derived cash bridge
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 | €71,004 | €115,181 | +€44,177 | +62.2% |
| Fixed assets | 21/28 | €19,203 | €36,723 | +€17,521 | +91.2% |
| Intangible fixed assets | 21 | €312 | €22 | -€291 | -93.1% |
| Tangible fixed assets | 22/27 | €18,890 | €36,702 | +€17,812 | +94.3% |
| Furniture and vehicles | 24 | €11,525 | €29,865 | +€18,341 | +159% |
| Other tangible fixed assets | 26 | €6,326 | €5,797 | -€529 | -8.4% |
| Assets under construction and advance payments | 27 | €1,040 | €1,040 | = | 0.0% |
| Current assets | 29/58 | €51,801 | €78,457 | +€26,656 | +51.5% |
| Stocks and contracts in progress | 3 | - | €15,428 | +€15,428 | |
| Stocks | 30/36 | - | €15,428 | +€15,428 | |
| Amounts receivable within one year | 40/41 | €8,374 | €22,833 | +€14,459 | +173% |
| Trade receivables | 40 | €4,028 | €11,039 | +€7,012 | +174% |
| Other amounts receivable | 41 | €4,346 | €11,794 | +€7,447 | +171% |
| Cash at bank and in hand | 54/58 | €42,595 | €38,661 | -€3,935 | -9.2% |
| Deferred charges and accrued income | 490/1 | €832 | €1,536 | +€704 | +84.6% |
| Total equity and liabilities | 10/49 | €71,004 | €115,181 | +€44,177 | +62.2% |
| Equity | 10/15 | €35,134 | €34,704 | -€430 | -1.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €27,911 | €16,104 | -€11,806 | -42.3% |
| Distributable reserves | 133 | €27,911 | €16,104 | -€11,806 | -42.3% |
| Profit (loss) carried forward | 14 | -€11,377 | - | +€11,377 | |
| Amounts payable | 17/49 | €35,870 | €80,477 | +€44,607 | +124% |
| Amounts payable after more than one year | 17 | €17,079 | €38,123 | +€21,044 | +123% |
| Financial debts | 170/4 | €17,079 | €38,123 | +€21,044 | +123% |
| Amounts payable within one year | 42/48 | €18,791 | €42,334 | +€23,543 | +125% |
| Current portion of amounts payable after more than one year | 42 | €5,991 | €15,307 | +€9,316 | +155% |
| Trade debts | 44 | €4,875 | €5,978 | +€1,103 | +22.6% |
| Suppliers | 440/4 | €4,875 | €5,978 | +€1,103 | +22.6% |
| Advances received on contracts in progress | 46 | €6,278 | €4,092 | -€2,186 | -34.8% |
| Taxes, remuneration and social security | 45 | €1,648 | €2,457 | +€810 | +49.1% |
| Taxes | 450/3 | €1,648 | €957 | -€690 | -41.9% |
| Remuneration and social security | 454/9 | - | €1,500 | +€1,500 | |
| Other amounts payable | 47/48 | - | €14,500 | +€14,500 | |
| Accrued charges and deferred income | 492/3 | - | €20 | +€20 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,632 | €9,797 | +€5,164 | +111% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €198 | +€198 | |
| Other operating charges | 640/8 | €18,980 | €720 | -€18,260 | -96.2% |
| Gross operating margin | 9900 | €7,934 | €28,419 | +€20,485 | +258% |
| Operating profit (loss) | 9901 | -€15,678 | €17,704 | +€33,382 | |
| Financial income | 75/76B | €1,463 | €227 | -€1,236 | -84.5% |
| Recurring financial income | 75 | €1,463 | €227 | -€1,236 | -84.5% |
| Financial charges | 65/66B | €1,614 | €1,810 | +€196 | +12.1% |
| Recurring financial charges | 65 | €1,614 | €1,810 | +€196 | +12.1% |
| Profit (loss) for the period before taxes | 9903 | -€15,830 | €16,121 | +€31,950 | |
| Income taxes | 67/77 | €280 | €2,051 | +€1,770 | +631% |
| Profit (loss) for the period | 9904 | -€16,110 | €14,070 | +€30,180 | |
| Profit (loss) for the period to be appropriated | 9905 | -€16,110 | €14,070 | +€30,180 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.