EMIEMA: 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.
EMIEMA
Largest movements
- Cash -€152,586
down €152,586 (-92.5%), from €164,921 to €12,335
mainly Trade debts (-€145,553) and Stocks and contracts (-€6,682)
- Stocks and contracts +€6,682
up €6,682 (+28.8%), from €23,164 to €29,846
- Trade debts -€145,553
down €145,553 (-80.6%), from €180,543 to €34,991
- Staff costs +€10,241
up €10,241 (+42.5%), from €24,077 to €34,317
- Gross operating margin +€8,203
up €8,203 (+27.8%), from €29,459 to €37,663
- Financial charges -€2,548
down €2,548 (-59.6%), from €4,273 to €1,725
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 | €193,525 | €49,769 | -€143,756 | -74.3% |
| Fixed assets | 21/28 | €725 | €50 | -€675 | -93.1% |
| Tangible fixed assets | 22/27 | €675 | - | -€675 | |
| Furniture and vehicles | 24 | €675 | - | -€675 | |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €192,800 | €49,719 | -€143,081 | -74.2% |
| Stocks and contracts in progress | 3 | €23,164 | €29,846 | +€6,682 | +28.8% |
| Stocks | 30/36 | €23,164 | €29,846 | +€6,682 | +28.8% |
| Amounts receivable within one year | 40/41 | €1,774 | €3,517 | +€1,743 | +98.3% |
| Trade receivables | 40 | €1,238 | €2,981 | +€1,743 | +140.8% |
| Other amounts receivable | 41 | €536 | €536 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €164,921 | €12,335 | -€152,586 | -92.5% |
| Deferred charges and accrued income | 490/1 | €2,941 | €4,021 | +€1,080 | +36.7% |
| Total equity and liabilities | 10/49 | €193,525 | €49,769 | -€143,756 | -74.3% |
| Equity | 10/15 | €4,025 | €4,662 | +€637 | +15.8% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Outside capital | 11 | €3,000 | €3,000 | = | 0.0% |
| Other | 1109/19 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €2,000 | €2,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€975 | -€338 | +€637 | +65.3% |
| Amounts payable | 17/49 | €189,500 | €45,108 | -€144,393 | -76.2% |
| Amounts payable within one year | 42/48 | €189,219 | €44,377 | -€144,842 | -76.5% |
| Trade debts | 44 | €180,543 | €34,991 | -€145,553 | -80.6% |
| Suppliers | 440/4 | €180,543 | €34,991 | -€145,553 | -80.6% |
| Taxes, remuneration and social security | 45 | €8,338 | €8,789 | +€451 | +5.4% |
| Taxes | 450/3 | €3,960 | €3,744 | -€216 | -5.4% |
| Remuneration and social security | 454/9 | €4,378 | €5,045 | +€667 | +15.2% |
| Other amounts payable | 47/48 | €338 | €598 | +€260 | +76.8% |
| Accrued charges and deferred income | 492/3 | €281 | €730 | +€449 | +159.7% |
| Remuneration, social security and pensions | 62 | €24,077 | €34,317 | +€10,241 | +42.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €993 | €675 | -€318 | -32.1% |
| Gross operating margin | 9900 | €29,459 | €37,663 | +€8,203 | +27.8% |
| Operating profit (loss) | 9901 | €4,389 | €2,670 | -€1,719 | -39.2% |
| Financial income | 75/76B | - | €302 | +€302 | |
| Recurring financial income | 75 | - | €302 | +€302 | |
| Financial charges | 65/66B | €4,273 | €1,725 | -€2,548 | -59.6% |
| Recurring financial charges | 65 | €4,273 | €1,725 | -€2,548 | -59.6% |
| Profit (loss) for the period before taxes | 9903 | €116 | €1,247 | +€1,131 | +976.6% |
| Income taxes | 67/77 | €464 | €610 | +€146 | +31.4% |
| Profit (loss) for the period | 9904 | -€348 | €637 | +€985 | |
| Profit (loss) for the period to be appropriated | 9905 | -€348 | €637 | +€985 |
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 4 October 2026 via checked.be.