EMILEX: 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.
EMILEX
Largest movements
- Cash +€18,337
up €18,337 (+29.1%), from €63,021 to €81,357
mainly Depreciation (+€34,642) and Other debts (+€19,238)
- Tangible fixed assets -€12,275
down €12,275 (-4.0%), from €309,491 to €297,215
of which Land and buildings: -€6,220
- Other debts +€19,238
up €19,238 (+4940.0%), from €389 to €19,627
- Debts after one year -€10,866
down €10,866 (-5.1%), from €212,991 to €202,125
- Gross operating margin +€13,740
up €13,740 (+23.0%), from €59,863 to €73,603
- Taxes +€2,601
up €2,601 (+42.6%), from €6,113 to €8,715
- Financial charges +€1,627
up €1,627 (+25.8%), from €6,299 to €7,927
- Depreciation +€1,478
up €1,478 (+4.5%), from €33,165 to €34,642
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 | €377,604 | €383,946 | +€6,342 | +1.7% |
| Fixed assets | 21/28 | €309,491 | €297,215 | -€12,275 | -4.0% |
| Tangible fixed assets | 22/27 | €309,491 | €297,215 | -€12,275 | -4.0% |
| Land and buildings | 22 | €282,408 | €276,188 | -€6,220 | -2.2% |
| Plant, machinery and equipment | 23 | €13,385 | €11,769 | -€1,615 | -12.1% |
| Furniture and vehicles | 24 | €13,698 | €9,258 | -€4,440 | -32.4% |
| Current assets | 29/58 | €68,114 | €86,730 | +€18,617 | +27.3% |
| Stocks and contracts in progress | 3 | €156 | €3,063 | +€2,907 | +1862.0% |
| Stocks | 30/36 | €156 | €3,063 | +€2,907 | +1862.0% |
| Amounts receivable within one year | 40/41 | €4,437 | €1,785 | -€2,651 | -59.8% |
| Trade receivables | 40 | €550 | - | -€550 | |
| Other amounts receivable | 41 | €3,887 | €1,785 | -€2,101 | -54.1% |
| Cash at bank and in hand | 54/58 | €63,021 | €81,357 | +€18,337 | +29.1% |
| Deferred charges and accrued income | 490/1 | €500 | €525 | +€25 | +5.0% |
| Total equity and liabilities | 10/49 | €377,604 | €383,946 | +€6,342 | +1.7% |
| Equity | 10/15 | €143,521 | €142,211 | -€1,310 | -0.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €97,360 | €96,040 | -€1,320 | -1.4% |
| Distributable reserves | 133 | €97,360 | €96,040 | -€1,320 | -1.4% |
| Profit (loss) carried forward | 14 | €39,961 | €39,971 | +€10 | 0.0% |
| Amounts payable | 17/49 | €234,083 | €241,735 | +€7,652 | +3.3% |
| Amounts payable after more than one year | 17 | €212,991 | €202,125 | -€10,866 | -5.1% |
| Financial debts | 170/4 | €212,991 | €202,125 | -€10,866 | -5.1% |
| Amounts payable within one year | 42/48 | €17,958 | €37,747 | +€19,789 | +110.2% |
| Current portion of amounts payable after more than one year | 42 | €10,627 | €9,991 | -€636 | -6.0% |
| Trade debts | 44 | €821 | €1,726 | +€905 | +110.2% |
| Suppliers | 440/4 | €821 | €1,726 | +€905 | +110.2% |
| Taxes, remuneration and social security | 45 | €6,120 | €6,402 | +€282 | +4.6% |
| Taxes | 450/3 | €6,120 | €6,402 | +€282 | +4.6% |
| Other amounts payable | 47/48 | €389 | €19,627 | +€19,238 | +4940.0% |
| Accrued charges and deferred income | 492/3 | €3,134 | €1,863 | -€1,271 | -40.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €33,165 | €34,642 | +€1,478 | +4.5% |
| Other operating charges | 640/8 | €3,864 | €3,630 | -€235 | -6.1% |
| Gross operating margin | 9900 | €59,863 | €73,603 | +€13,740 | +23.0% |
| Operating profit (loss) | 9901 | €22,834 | €35,331 | +€12,497 | +54.7% |
| Financial charges | 65/66B | €6,299 | €7,927 | +€1,627 | +25.8% |
| Recurring financial charges | 65 | €6,299 | €7,927 | +€1,627 | +25.8% |
| Profit (loss) for the period before taxes | 9903 | €16,535 | €27,404 | +€10,870 | +65.7% |
| Income taxes | 67/77 | €6,113 | €8,715 | +€2,601 | +42.6% |
| Profit (loss) for the period | 9904 | €10,421 | €18,690 | +€8,268 | +79.3% |
| Profit (loss) for the period to be appropriated | 9905 | €10,421 | €18,690 | +€8,268 | +79.3% |
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 3 October 2026 via checked.be.