Emineo: 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.
Emineo
Largest movements
- Receivables within one year +€62,999
up €62,999 (+81.3%), from €77,445 to €140,444
of which Trade receivables: +€70,318
- Cash +€58,530
up €58,530 (+86.2%), from €67,893 to €126,423
mainly Net result for the year (+€104,452) and Tax, wage and social debts (+€35,567)
- Reserves +€104,452
up €104,452 (+156%), from €67,163 to €171,614
- Advances received -€46,000
down €46,000 (-100%), from €46,000 to €0
- Tax, wage and social debts +€35,567
up €35,567 (+505%), from €7,036 to €42,604
- Trade debts +€28,734
up €28,734 (+55.0%), from €52,234 to €80,968
- Gross operating margin +€138,161
up €138,161 (+378%), from €36,577 to €174,738
- Taxes +€44,698
up €44,698 (+654%), from €6,839 to €51,537
- Other operating charges +€6,430
up €6,430 (+2,806%), from €229 to €6,659
- Financial charges +€1,964
up €1,964 (+131%), from €1,503 to €3,467
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 | €195,351 | €316,862 | +€121,511 | +62.2% |
| Fixed assets | 21/28 | €47,603 | €46,635 | -€968 | -2.0% |
| Tangible fixed assets | 22/27 | €47,603 | €46,635 | -€968 | -2.0% |
| Land and buildings | 22 | €5,755 | €6,675 | +€921 | +16.0% |
| Plant, machinery and equipment | 23 | €40,169 | €38,879 | -€1,289 | -3.2% |
| Furniture and vehicles | 24 | €1,680 | €1,081 | -€599 | -35.7% |
| Current assets | 29/58 | €147,748 | €270,226 | +€122,479 | +82.9% |
| Stocks and contracts in progress | 3 | €0 | - | = | |
| Contracts in progress | 37 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €77,445 | €140,444 | +€62,999 | +81.3% |
| Trade receivables | 40 | €70,126 | €140,444 | +€70,318 | +100% |
| Other amounts receivable | 41 | €7,318 | €0 | -€7,318 | -100% |
| Cash at bank and in hand | 54/58 | €67,893 | €126,423 | +€58,530 | +86.2% |
| Deferred charges and accrued income | 490/1 | €2,410 | €3,359 | +€950 | +39.4% |
| Total equity and liabilities | 10/49 | €195,351 | €316,862 | +€121,511 | +62.2% |
| Equity | 10/15 | €87,163 | €191,614 | +€104,452 | +120% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €67,163 | €171,614 | +€104,452 | +156% |
| Distributable reserves | 133 | €67,163 | €171,614 | +€104,452 | +156% |
| Amounts payable | 17/49 | €108,188 | €125,247 | +€17,059 | +15.8% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €108,188 | €125,247 | +€17,059 | +15.8% |
| Current portion of amounts payable after more than one year | 42 | €1,302 | €0 | -€1,302 | -100% |
| Trade debts | 44 | €52,234 | €80,968 | +€28,734 | +55.0% |
| Suppliers | 440/4 | €52,234 | €80,968 | +€28,734 | +55.0% |
| Advances received on contracts in progress | 46 | €46,000 | €0 | -€46,000 | -100% |
| Taxes, remuneration and social security | 45 | €7,036 | €42,604 | +€35,567 | +505% |
| Taxes | 450/3 | €7,036 | €42,604 | +€35,567 | +505% |
| Other amounts payable | 47/48 | €1,615 | €1,675 | +€60 | +3.7% |
| Remuneration, social security and pensions | 62 | €213 | €0 | -€213 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,389 | €8,624 | +€235 | +2.8% |
| Other operating charges | 640/8 | €229 | €6,659 | +€6,430 | +2,806% |
| Gross operating margin | 9900 | €36,577 | €174,738 | +€138,161 | +378% |
| Operating profit (loss) | 9901 | €27,746 | €159,456 | +€131,710 | +475% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €1,503 | €3,467 | +€1,964 | +131% |
| Recurring financial charges | 65 | €1,503 | €3,467 | +€1,964 | +131% |
| Profit (loss) for the period before taxes | 9903 | €26,243 | €155,989 | +€129,746 | +494% |
| Income taxes | 67/77 | €6,839 | €51,537 | +€44,698 | +654% |
| Profit (loss) for the period | 9904 | €19,404 | €104,452 | +€85,048 | +438% |
| Profit (loss) for the period to be appropriated | 9905 | €19,404 | €104,452 | +€85,048 | +438% |
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 17 October 2026 via checked.be.