EMIORA: 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.
EMIORA
Largest movements
- Receivables within one year +€22,487
up €22,487 (+58.3%), from €38,601 to €61,088
of which Other amounts receivable: +€15,855
- Cash +€17,056
up €17,056 (+104.2%), from €16,365 to €33,420
mainly Net result for the year (+€27,914) and Tax, wage and social debts (+€9,646)
- Tangible fixed assets +€2,428
up €2,428 (+116.2%), from €2,090 to €4,518
- Profit (loss) carried forward +€27,914
up €27,914 (+79.0%), from €35,350 to €63,264
- Tax, wage and social debts +€9,646
up €9,646 (+97.6%), from €9,881 to €19,527
- Trade debts +€4,990
up €4,990 (+433.7%), from €1,151 to €6,140
- Accrued charges and deferred income -€1,203
down €1,203 (-80.8%), from €1,490 to €287
- Gross operating margin -€7,329
down €7,329 (-16.3%), from €44,827 to €37,498
- Financial income +€1,055
up €1,055 (+126.2%), from €836 to €1,892
- Depreciation +€605
up €605 (+137.1%), from €441 to €1,046
- Other operating charges +€597
new in 2025: €597
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 | €57,871 | €99,218 | +€41,347 | +71.4% |
| Formation expenses | 20 | €816 | €192 | -€624 | -76.5% |
| Fixed assets | 21/28 | €2,090 | €4,518 | +€2,428 | +116.2% |
| Tangible fixed assets | 22/27 | €2,090 | €4,518 | +€2,428 | +116.2% |
| Plant, machinery and equipment | 23 | €2,090 | €4,518 | +€2,428 | +116.2% |
| Current assets | 29/58 | €54,965 | €94,509 | +€39,543 | +71.9% |
| Amounts receivable within one year | 40/41 | €38,601 | €61,088 | +€22,487 | +58.3% |
| Trade receivables | 40 | €10,500 | €17,132 | +€6,632 | +63.2% |
| Other amounts receivable | 41 | €28,101 | €43,956 | +€15,855 | +56.4% |
| Cash at bank and in hand | 54/58 | €16,365 | €33,420 | +€17,056 | +104.2% |
| Total equity and liabilities | 10/49 | €57,871 | €99,218 | +€41,347 | +71.4% |
| Equity | 10/15 | €45,350 | €73,264 | +€27,914 | +61.6% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €35,350 | €63,264 | +€27,914 | +79.0% |
| Amounts payable | 17/49 | €12,522 | €25,954 | +€13,432 | +107.3% |
| Amounts payable within one year | 42/48 | €11,032 | €25,668 | +€14,636 | +132.7% |
| Trade debts | 44 | €1,151 | €6,140 | +€4,990 | +433.7% |
| Suppliers | 440/4 | €1,151 | €6,140 | +€4,990 | +433.7% |
| Taxes, remuneration and social security | 45 | €9,881 | €19,527 | +€9,646 | +97.6% |
| Taxes | 450/3 | €9,881 | €19,527 | +€9,646 | +97.6% |
| Accrued charges and deferred income | 492/3 | €1,490 | €287 | -€1,203 | -80.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €441 | €1,046 | +€605 | +137.1% |
| Other operating charges | 640/8 | - | €597 | +€597 | |
| Gross operating margin | 9900 | €44,827 | €37,498 | -€7,329 | -16.3% |
| Operating profit (loss) | 9901 | €44,386 | €35,855 | -€8,531 | -19.2% |
| Financial income | 75/76B | €836 | €1,892 | +€1,055 | +126.2% |
| Recurring financial income | 75 | €836 | €1,892 | +€1,055 | +126.2% |
| Financial charges | 65/66B | €51 | €186 | +€135 | +264.4% |
| Recurring financial charges | 65 | €51 | €186 | +€135 | +264.4% |
| Profit (loss) for the period before taxes | 9903 | €45,171 | €37,560 | -€7,611 | -16.8% |
| Income taxes | 67/77 | €9,822 | €9,646 | -€176 | -1.8% |
| Profit (loss) for the period | 9904 | €35,350 | €27,914 | -€7,435 | -21.0% |
| Profit (loss) for the period to be appropriated | 9905 | €35,350 | €27,914 | -€7,435 | -21.0% |
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 1 October 2026 via checked.be.