eminea: 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.
eminea
Largest movements
- Current investments +€36,804
up €36,804 (+41.8%), from €88,118 to €124,922
- Receivables within one year -€23,083
down €23,083 (-42.9%), from €53,787 to €30,704
of which Trade receivables: -€19,496
- Cash +€10,932
up €10,932 (+81.9%), from €13,349 to €24,281
mainly Net result for the year (+€52,658) and Receivables within one year (+€23,083)
- Tangible fixed assets -€10,185
down €10,185 (-39.2%), from €25,973 to €15,788
of which Furniture and vehicles: -€7,820
- Reserves +€24,338
up €24,338 (+19.2%), from €126,542 to €150,880
- Trade debts -€13,970
down €13,970 (-93.7%), from €14,904 to €934
- Other debts +€6,923
up €6,923 (+34.6%), from €20,000 to €26,923
- Tax, wage and social debts -€4,468
down €4,468 (-38.6%), from €11,566 to €7,097
of which Remuneration and social security: -€2,914
- Taxes -€5,280
down €5,280 (-24.7%), from €21,343 to €16,062
- Gross operating margin -€3,157
down €3,157 (-3.2%), from €98,804 to €95,647
- Depreciation -€1,229
down €1,229 (-10.8%), from €11,413 to €10,185
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 | €181,228 | €195,696 | +€14,468 | +8.0% |
| Fixed assets | 21/28 | €25,973 | €15,788 | -€10,185 | -39.2% |
| Tangible fixed assets | 22/27 | €25,973 | €15,788 | -€10,185 | -39.2% |
| Land and buildings | 22 | €1,548 | €803 | -€745 | -48.1% |
| Plant, machinery and equipment | 23 | €4,500 | €2,880 | -€1,620 | -36.0% |
| Furniture and vehicles | 24 | €19,925 | €12,105 | -€7,820 | -39.2% |
| Current assets | 29/58 | €155,255 | €179,907 | +€24,653 | +15.9% |
| Amounts receivable within one year | 40/41 | €53,787 | €30,704 | -€23,083 | -42.9% |
| Trade receivables | 40 | €41,924 | €22,427 | -€19,496 | -46.5% |
| Other amounts receivable | 41 | €11,864 | €8,277 | -€3,587 | -30.2% |
| Current investments | 50/53 | €88,118 | €124,922 | +€36,804 | +41.8% |
| Cash at bank and in hand | 54/58 | €13,349 | €24,281 | +€10,932 | +81.9% |
| Total equity and liabilities | 10/49 | €181,228 | €195,696 | +€14,468 | +8.0% |
| Equity | 10/15 | €132,742 | €157,080 | +€24,338 | +18.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €126,542 | €150,880 | +€24,338 | +19.2% |
| Distributable reserves | 133 | €126,542 | €150,880 | +€24,338 | +19.2% |
| Amounts payable | 17/49 | €48,485 | €38,616 | -€9,870 | -20.4% |
| Amounts payable within one year | 42/48 | €48,485 | €36,829 | -€11,656 | -24.0% |
| Current portion of amounts payable after more than one year | 42 | €1,875 | €1,875 | = | 0.0% |
| Financial debts | 43 | €141 | - | -€141 | |
| Credit institutions | 430/8 | €141 | - | -€141 | |
| Trade debts | 44 | €14,904 | €934 | -€13,970 | -93.7% |
| Suppliers | 440/4 | €14,904 | €934 | -€13,970 | -93.7% |
| Taxes, remuneration and social security | 45 | €11,566 | €7,097 | -€4,468 | -38.6% |
| Taxes | 450/3 | €8,652 | €7,097 | -€1,554 | -18.0% |
| Remuneration and social security | 454/9 | €2,914 | - | -€2,914 | |
| Other amounts payable | 47/48 | €20,000 | €26,923 | +€6,923 | +34.6% |
| Accrued charges and deferred income | 492/3 | - | €1,787 | +€1,787 | |
| Remuneration, social security and pensions | 62 | €13,722 | €13,472 | -€250 | -1.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,413 | €10,185 | -€1,229 | -10.8% |
| Other operating charges | 640/8 | €1,691 | €2,400 | +€710 | +42.0% |
| Gross operating margin | 9900 | €98,804 | €95,647 | -€3,157 | -3.2% |
| Operating profit (loss) | 9901 | €71,978 | €69,590 | -€2,388 | -3.3% |
| Financial income | 75/76B | €913 | €592 | -€321 | -35.2% |
| Recurring financial income | 75 | €913 | €592 | -€321 | -35.2% |
| Financial charges | 65/66B | €887 | €1,462 | +€575 | +64.8% |
| Recurring financial charges | 65 | €887 | €1,462 | +€575 | +64.8% |
| Profit (loss) for the period before taxes | 9903 | €72,004 | €68,720 | -€3,284 | -4.6% |
| Income taxes | 67/77 | €21,343 | €16,062 | -€5,280 | -24.7% |
| Profit (loss) for the period | 9904 | €50,661 | €52,658 | +€1,997 | +3.9% |
| Profit (loss) for the period to be appropriated | 9905 | €50,661 | €52,658 | +€1,997 | +3.9% |
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.