Émineau: 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.
Émineau
Largest movements
- Tangible fixed assets -€5,931
down €5,931 (-100%), from €5,931 to €0
- Cash +€2,952
up €2,952 (+12.1%), from €24,400 to €27,352
mainly Investment in fixed assets (net) (+€5,931) and Net result for the year (+€4,058)
- Receivables within one year +€2,704
up €2,704 (+362%), from €748 to €3,452
- Deferred charges and accrued income -€789
down €789 (-100%), from €789 to €0
- Profit (loss) carried forward +€4,058
up €4,058 (+20.8%), from €19,525 to €23,584
- Current portion of long-term debt -€3,392
down €3,392 (-100%), from €3,392 to €0
- Tax, wage and social debts -€1,512
down €1,512 (-28.3%), from €5,342 to €3,829
of which Taxes: -€4,012
- Gross operating margin -€8,152
down €8,152 (-55.7%), from €14,633 to €6,481
- Depreciation -€3,389
down €3,389 (-100%), from €3,389 to €0
- Taxes -€1,710
down €1,710 (-52.4%), from €3,262 to €1,552
- Financial charges +€199
up €199 (+122%), from €163 to €362
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.
Derived cash bridge
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 | €31,868 | €30,804 | -€1,064 | -3.3% |
| Fixed assets | 21/28 | €5,931 | €0 | -€5,931 | -100% |
| Tangible fixed assets | 22/27 | €5,931 | €0 | -€5,931 | -100% |
| Furniture and vehicles | 24 | €5,931 | €0 | -€5,931 | -100% |
| Current assets | 29/58 | €25,937 | €30,804 | +€4,867 | +18.8% |
| Amounts receivable within one year | 40/41 | €748 | €3,452 | +€2,704 | +362% |
| Other amounts receivable | 41 | €748 | €3,452 | +€2,704 | +362% |
| Cash at bank and in hand | 54/58 | €24,400 | €27,352 | +€2,952 | +12.1% |
| Deferred charges and accrued income | 490/1 | €789 | €0 | -€789 | -100% |
| Total equity and liabilities | 10/49 | €31,868 | €30,804 | -€1,064 | -3.3% |
| Equity | 10/15 | €21,525 | €25,584 | +€4,058 | +18.9% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €19,525 | €23,584 | +€4,058 | +20.8% |
| Amounts payable | 17/49 | €10,343 | €5,221 | -€5,122 | -49.5% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €10,343 | €5,221 | -€5,122 | -49.5% |
| Current portion of amounts payable after more than one year | 42 | €3,392 | €0 | -€3,392 | -100% |
| Trade debts | 44 | €612 | €408 | -€204 | -33.4% |
| Suppliers | 440/4 | €612 | €408 | -€204 | -33.4% |
| Taxes, remuneration and social security | 45 | €5,342 | €3,829 | -€1,512 | -28.3% |
| Taxes | 450/3 | €5,342 | €1,329 | -€4,012 | -75.1% |
| Remuneration and social security | 454/9 | - | €2,500 | +€2,500 | |
| Other amounts payable | 47/48 | €997 | €983 | -€13 | -1.3% |
| Non-recurring operating income | 76A | - | €5,226 | +€5,226 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,389 | €0 | -€3,389 | -100% |
| Other operating charges | 640/8 | €449 | €562 | +€112 | +25.0% |
| Gross operating margin | 9900 | €14,633 | €6,481 | -€8,152 | -55.7% |
| Operating profit (loss) | 9901 | €10,794 | €5,919 | -€4,875 | -45.2% |
| Financial income | 75/76B | €34 | €53 | +€19 | +56.9% |
| Recurring financial income | 75 | €34 | €53 | +€19 | +56.9% |
| Financial charges | 65/66B | €163 | €362 | +€199 | +122% |
| Recurring financial charges | 65 | €163 | €362 | +€199 | +122% |
| Profit (loss) for the period before taxes | 9903 | €10,665 | €5,610 | -€5,055 | -47.4% |
| Income taxes | 67/77 | €3,262 | €1,552 | -€1,710 | -52.4% |
| Profit (loss) for the period | 9904 | €7,403 | €4,058 | -€3,345 | -45.2% |
| Profit (loss) for the period to be appropriated | 9905 | €7,403 | €4,058 | -€3,345 | -45.2% |
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 18 October 2026 via checked.be.