EMIEDI: 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.
EMIEDI
Largest movements
- Deferred charges and accrued income -€14,300
down €14,300 (-93.9%), from €15,236 to €937
- Receivables within one year -€8,735
down €8,735 (-9.1%), from €96,273 to €87,538
of which Trade receivables: -€6,576
- Tangible fixed assets -€5,743
down €5,743 (-86.4%), from €6,646 to €903
of which Furniture and vehicles: -€5,248
- Profit (loss) carried forward -€21,473
down €21,473 (-71.1%), from €30,186 to €8,713
- Tax, wage and social debts -€15,033
down €15,033 (-85.0%), from €17,689 to €2,657
of which Remuneration and social security: -€10,659
- Short-term financial debts +€6,386
up €6,386 (+73.3%), from €8,713 to €15,098
- Debts after one year +€5,719
new in 2024: €5,719
- Trade debts -€4,119
down €4,119 (-16.2%), from €25,440 to €21,321
of which Suppliers: -€5,076
- Turnover -€225,179
down €225,179 (-53.7%), from €419,112 to €193,933
- Purchases and services -€141,443
down €141,443 (-39.9%), from €354,861 to €213,418
- Gross operating margin -€75,306
down €75,306, from €74,799 to -€506
- Staff costs -€46,303
down €46,303 (-77.3%), from €59,904 to €13,601
- Depreciation -€6,625
down €6,625 (-84.7%), from €7,820 to €1,195
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 | €120,068 | €90,519 | -€29,550 | -24.6% |
| Fixed assets | 21/28 | €7,706 | €1,963 | -€5,743 | -74.5% |
| Tangible fixed assets | 22/27 | €6,646 | €903 | -€5,743 | -86.4% |
| Plant, machinery and equipment | 23 | €495 | - | -€495 | |
| Furniture and vehicles | 24 | €6,151 | €903 | -€5,248 | -85.3% |
| Financial fixed assets | 28 | €1,060 | €1,060 | = | 0.0% |
| Current assets | 29/58 | €112,362 | €88,555 | -€23,807 | -21.2% |
| Amounts receivable within one year | 40/41 | €96,273 | €87,538 | -€8,735 | -9.1% |
| Trade receivables | 40 | €16,968 | €10,392 | -€6,576 | -38.8% |
| Other amounts receivable | 41 | €79,306 | €77,146 | -€2,159 | -2.7% |
| Cash at bank and in hand | 54/58 | €852 | €81 | -€772 | -90.6% |
| Deferred charges and accrued income | 490/1 | €15,236 | €937 | -€14,300 | -93.9% |
| Total equity and liabilities | 10/49 | €120,068 | €90,519 | -€29,550 | -24.6% |
| Equity | 10/15 | €62,226 | €40,753 | -€21,473 | -34.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Outside capital | 11 | €6,200 | €6,200 | = | 0.0% |
| Other | 1109/19 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €25,840 | €25,840 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €23,980 | €23,980 | = | 0.0% |
| Profit (loss) carried forward | 14 | €30,186 | €8,713 | -€21,473 | -71.1% |
| Amounts payable | 17/49 | €57,842 | €49,765 | -€8,077 | -14.0% |
| Amounts payable after more than one year | 17 | - | €5,719 | +€5,719 | |
| Financial debts | 170/4 | - | €5,719 | +€5,719 | |
| Amounts payable within one year | 42/48 | €57,842 | €44,046 | -€13,796 | -23.9% |
| Current portion of amounts payable after more than one year | 42 | €6,000 | €4,970 | -€1,030 | -17.2% |
| Financial debts | 43 | €8,713 | €15,098 | +€6,386 | +73.3% |
| Credit institutions | 430/8 | €8,713 | €15,098 | +€6,386 | +73.3% |
| Trade debts | 44 | €25,440 | €21,321 | -€4,119 | -16.2% |
| Suppliers | 440/4 | €21,314 | €16,238 | -€5,076 | -23.8% |
| Bills of exchange payable | 441 | €4,126 | €5,083 | +€957 | +23.2% |
| Taxes, remuneration and social security | 45 | €17,689 | €2,657 | -€15,033 | -85.0% |
| Taxes | 450/3 | €5,310 | €936 | -€4,374 | -82.4% |
| Remuneration and social security | 454/9 | €12,379 | €1,720 | -€10,659 | -86.1% |
| Turnover | 70 | €419,112 | €193,933 | -€225,179 | -53.7% |
| Goods, raw materials, services and sundry goods | 60/61 | €354,861 | €213,418 | -€141,443 | -39.9% |
| Remuneration, social security and pensions | 62 | €59,904 | €13,601 | -€46,303 | -77.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,820 | €1,195 | -€6,625 | -84.7% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €1,105 | - | -€1,105 | |
| Other operating charges | 640/8 | €3,908 | €2,752 | -€1,156 | -29.6% |
| Gross operating margin | 9900 | €74,799 | -€506 | -€75,306 | |
| Operating profit (loss) | 9901 | €2,062 | -€18,054 | -€20,117 | |
| Financial income | 75/76B | €2 | €1 | -€1 | -60.7% |
| Recurring financial income | 75 | €2 | €1 | -€1 | -60.7% |
| Financial charges | 65/66B | €2,409 | €2,972 | +€563 | +23.4% |
| Recurring financial charges | 65 | €2,409 | €2,972 | +€563 | +23.4% |
| Profit (loss) for the period before taxes | 9903 | -€345 | -€21,026 | -€20,681 | -6001.5% |
| Income taxes | 67/77 | €3,366 | €447 | -€2,919 | -86.7% |
| Profit (loss) for the period | 9904 | -€3,710 | -€21,473 | -€17,763 | -478.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,710 | -€21,473 | -€17,763 | -478.7% |
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.