EMIRDAG MANAGEMENT: 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.
EMIRDAG MANAGEMENT
Largest movements
- Cash -€10,787
down €10,787 (-87.4%), from €12,349 to €1,562
mainly Receivables within one year (-€8,547) and Net result for the year (-€2,730)
- Receivables within one year +€8,547
up €8,547 (+129%), from €6,607 to €15,154
- Profit (loss) carried forward -€2,730
down €2,730 (-20.9%), from €13,033 to €10,303
- Other operating charges +€843
up €843, from €0 to €843
- Financial income +€138
up €138 (+41.5%), from €334 to €472
- Gross operating margin +€40
up €40 (+1.7%), from -€2,326 to -€2,286
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 | €118,956 | €116,716 | -€2,240 | -1.9% |
| Fixed assets | 21/28 | €100,000 | €100,000 | = | 0.0% |
| Financial fixed assets | 28 | €100,000 | €100,000 | = | 0.0% |
| Current assets | 29/58 | €18,956 | €16,716 | -€2,240 | -11.8% |
| Amounts receivable within one year | 40/41 | €6,607 | €15,154 | +€8,547 | +129% |
| Other amounts receivable | 41 | €6,607 | €15,154 | +€8,547 | +129% |
| Cash at bank and in hand | 54/58 | €12,349 | €1,562 | -€10,787 | -87.4% |
| Total equity and liabilities | 10/49 | €118,956 | €116,716 | -€2,240 | -1.9% |
| Equity | 10/15 | €118,880 | €116,150 | -€2,730 | -2.3% |
| Contributions | 10/11 | €105,000 | €105,000 | = | 0.0% |
| Capital | 10 | €105,000 | €105,000 | = | 0.0% |
| Issued capital | 100 | €105,000 | €105,000 | = | 0.0% |
| Reserves | 13 | €847 | €847 | = | 0.0% |
| Non-distributable reserves | 130/1 | €847 | €847 | = | 0.0% |
| Legal reserve | 130 | €847 | €847 | = | 0.0% |
| Profit (loss) carried forward | 14 | €13,033 | €10,303 | -€2,730 | -20.9% |
| Amounts payable | 17/49 | €76 | €566 | +€490 | +644% |
| Amounts payable within one year | 42/48 | €76 | €566 | +€490 | +644% |
| Trade debts | 44 | €76 | €566 | +€490 | +644% |
| Suppliers | 440/4 | €76 | €566 | +€490 | +644% |
| Other operating charges | 640/8 | €0 | €843 | +€843 | |
| Gross operating margin | 9900 | -€2,326 | -€2,286 | +€40 | +1.7% |
| Operating profit (loss) | 9901 | -€2,326 | -€3,130 | -€803 | -34.5% |
| Financial income | 75/76B | €334 | €472 | +€138 | +41.5% |
| Recurring financial income | 75 | €334 | €472 | +€138 | +41.5% |
| Financial charges | 65/66B | €87 | €72 | -€15 | -17.2% |
| Recurring financial charges | 65 | €87 | €72 | -€15 | -17.2% |
| Profit (loss) for the period before taxes | 9903 | -€2,080 | -€2,730 | -€650 | -31.3% |
| Profit (loss) for the period | 9904 | -€2,080 | -€2,730 | -€650 | -31.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,080 | -€2,730 | -€650 | -31.3% |
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 23 October 2026 via checked.be.