EMILE: 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.
EMILE
Largest movements
- Receivables within one year -€62,051
down €62,051 (-90.6%), from €68,518 to €6,467
of which Trade receivables: -€61,825
- Tangible fixed assets -€24,881
down €24,881 (-49.6%), from €50,137 to €25,256
of which Furniture and vehicles: -€16,712
- Cash -€2,123
down €2,123 (-18.2%), from €11,674 to €9,551
mainly Trade debts (-€73,640) and Tax, wage and social debts (-€15,451)
- Trade debts -€73,640
down €73,640 (-96.6%), from €76,224 to €2,584
- Other debts +€18,818
up €18,818 (+188.5%), from €9,981 to €28,798
- Tax, wage and social debts -€15,451
down €15,451 (-93.8%), from €16,465 to €1,014
of which Remuneration and social security: -€10,771
- Debts after one year -€10,562
down €10,562 (-79.7%), from €13,255 to €2,693
- Profit (loss) carried forward -€8,486
down €8,486 (-18.9%), from -€44,884 to -€53,369
- Staff costs +€9,453
up €9,453 (+10738.6%), from €88 to €9,541
- Depreciation -€7,906
down €7,906 (-40.7%), from €19,406 to €11,501
- Gross operating margin -€6,993
down €6,993 (-28.1%), from €24,900 to €17,907
- Financial charges +€2,829
up €2,829 (+14463.2%), from €20 to €2,849
- Other operating charges +€1,742
up €1,742 (+229.2%), from €760 to €2,502
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 | €130,910 | €42,609 | -€88,302 | -67.5% |
| Fixed assets | 21/28 | €50,591 | €25,709 | -€24,881 | -49.2% |
| Tangible fixed assets | 22/27 | €50,137 | €25,256 | -€24,881 | -49.6% |
| Land and buildings | 22 | €7,598 | - | -€7,598 | |
| Furniture and vehicles | 24 | €41,436 | €24,724 | -€16,712 | -40.3% |
| Other tangible fixed assets | 26 | €1,103 | €531 | -€571 | -51.8% |
| Financial fixed assets | 28 | €454 | €454 | = | 0.0% |
| Current assets | 29/58 | €80,320 | €16,899 | -€63,421 | -79.0% |
| Amounts receivable within one year | 40/41 | €68,518 | €6,467 | -€62,051 | -90.6% |
| Trade receivables | 40 | €68,282 | €6,456 | -€61,825 | -90.5% |
| Other amounts receivable | 41 | €237 | €10 | -€226 | -95.6% |
| Cash at bank and in hand | 54/58 | €11,674 | €9,551 | -€2,123 | -18.2% |
| Deferred charges and accrued income | 490/1 | €128 | €882 | +€754 | +589.2% |
| Total equity and liabilities | 10/49 | €130,910 | €42,609 | -€88,302 | -67.5% |
| Equity | 10/15 | €10,791 | €2,305 | -€8,486 | -78.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Contributions outside capital | 11 | €6,200 | - | -€6,200 | |
| Other | 1109/19 | €6,200 | - | -€6,200 | |
| Reserves | 13 | €49,475 | €49,475 | = | 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% |
| Tax-exempt reserves | 132 | €13,809 | €13,809 | = | 0.0% |
| Distributable reserves | 133 | €33,806 | €33,806 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€44,884 | -€53,369 | -€8,486 | -18.9% |
| Amounts payable | 17/49 | €120,119 | €40,303 | -€79,816 | -66.4% |
| Amounts payable after more than one year | 17 | €13,255 | €2,693 | -€10,562 | -79.7% |
| Financial debts | 170/4 | €13,255 | €2,693 | -€10,562 | -79.7% |
| Amounts payable within one year | 42/48 | €106,864 | €37,611 | -€69,254 | -64.8% |
| Current portion of amounts payable after more than one year | 42 | €4,195 | €5,214 | +€1,019 | +24.3% |
| Trade debts | 44 | €76,224 | €2,584 | -€73,640 | -96.6% |
| Suppliers | 440/4 | €76,224 | €2,584 | -€73,640 | -96.6% |
| Taxes, remuneration and social security | 45 | €16,465 | €1,014 | -€15,451 | -93.8% |
| Taxes | 450/3 | €5,694 | €1,014 | -€4,680 | -82.2% |
| Remuneration and social security | 454/9 | €10,771 | - | -€10,771 | |
| Other amounts payable | 47/48 | €9,981 | €28,798 | +€18,818 | +188.5% |
| Non-recurring operating income | 76A | - | €15,027 | +€15,027 | |
| Remuneration, social security and pensions | 62 | €88 | €9,541 | +€9,453 | +10738.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,406 | €11,501 | -€7,906 | -40.7% |
| Other operating charges | 640/8 | €760 | €2,502 | +€1,742 | +229.2% |
| Gross operating margin | 9900 | €24,900 | €17,907 | -€6,993 | -28.1% |
| Operating profit (loss) | 9901 | €4,645 | -€5,637 | -€10,283 | |
| Financial income | 75/76B | €310 | €0 | -€310 | -99.9% |
| Recurring financial income | 75 | €310 | €0 | -€310 | -99.9% |
| Financial charges | 65/66B | €20 | €2,849 | +€2,829 | +14463.2% |
| Recurring financial charges | 65 | €20 | €2,849 | +€2,829 | +14463.2% |
| Profit (loss) for the period before taxes | 9903 | €4,936 | -€8,486 | -€13,422 | |
| Profit (loss) for the period | 9904 | €4,936 | -€8,486 | -€13,422 | |
| Profit (loss) for the period to be appropriated | 9905 | €4,936 | -€8,486 | -€13,422 |
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 10 October 2026 via checked.be.