EMIN: 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.
EMIN
Largest movements
- Financial fixed assets +€2.0m
new in 2025: €2.0m
- Other debts +€2.0m
new in 2025: €2.0m
- Gross operating margin +€3,238
up €3,238 (+49.6%), from -€6,534 to -€3,296
- Other operating charges +€222
up €222 (+42.7%), from €520 to €742
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 | €620 | €2,000,767 | +€2.0m | +322437.9% |
| Fixed assets | 21/28 | - | €2,000,000 | +€2.0m | |
| Financial fixed assets | 28 | - | €2,000,000 | +€2.0m | |
| Current assets | 29/58 | €620 | €767 | +€147 | +23.7% |
| Cash at bank and in hand | 54/58 | €620 | €767 | +€147 | +23.7% |
| Total equity and liabilities | 10/49 | €620 | €2,000,767 | +€2.0m | +322437.9% |
| Equity | 10/15 | -€2,054 | -€6,125 | -€4,071 | -198.2% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€7,054 | -€11,125 | -€4,071 | -57.7% |
| Amounts payable | 17/49 | €2,674 | €2,006,892 | +€2.0m | +74949.2% |
| Amounts payable within one year | 42/48 | €2,674 | €2,006,892 | +€2.0m | +74949.2% |
| Trade debts | 44 | €2,674 | €218 | -€2,456 | -91.9% |
| Suppliers | 440/4 | €2,674 | €218 | -€2,456 | -91.9% |
| Other amounts payable | 47/48 | - | €2,006,674 | +€2.0m | |
| Other operating charges | 640/8 | €520 | €742 | +€222 | +42.7% |
| Gross operating margin | 9900 | -€6,534 | -€3,296 | +€3,238 | +49.6% |
| Operating profit (loss) | 9901 | -€7,054 | -€4,038 | +€3,016 | +42.8% |
| Financial charges | 65/66B | - | €33 | +€33 | |
| Recurring financial charges | 65 | - | €33 | +€33 | |
| Profit (loss) for the period before taxes | 9903 | -€7,054 | -€4,071 | +€2,983 | +42.3% |
| Profit (loss) for the period | 9904 | -€7,054 | -€4,071 | +€2,983 | +42.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€7,054 | -€4,071 | +€2,983 | +42.3% |
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 7 October 2026 via checked.be.