EMIRIM: 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.
EMIRIM
Largest movements
- Cash -€38,902
down €38,902 (-70.9%), from €54,882 to €15,980
mainly Net result for the year (-€137,508) and Other debts (-€106,722)
- Stocks and contracts -€22,634
down €22,634 (-36.5%), from €61,948 to €39,314
- Receivables within one year -€13,465
down €13,465 (-38.5%), from €34,990 to €21,525
of which Other amounts receivable: -€9,315
- Tangible fixed assets +€11,091
new in 2025: €11,091
of which Furniture and vehicles: +€9,111
- Profit (loss) carried forward -€137,508
down €137,508 (-428.7%), from -€32,078 to -€169,586
- Other debts -€106,722
down €106,722 (-94.1%), from €113,411 to €6,689
- Debts after one year +€105,000
up €105,000 (+420.0%), from €25,000 to €130,000
- Contributions +€73,500
up €73,500 (+1185.5%), from €6,200 to €79,700
- Trade debts +€1,883
up €1,883 (+6.0%), from €31,233 to €33,116
- Taxes +€80,570
up €80,570 (+14520.0%), from €555 to €81,125
- Other operating charges +€21,714
up €21,714 (+127.5%), from €17,028 to €38,742
- Financial charges +€15,623
up €15,623 (+6562.8%), from €238 to €15,862
- Gross operating margin -€4,556
down €4,556, from €2,985 to -€1,570
- Write-downs +€2,183
new in 2025: €2,183
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 | €151,820 | €87,910 | -€63,910 | -42.1% |
| Fixed assets | 21/28 | - | €11,091 | +€11,091 | |
| Tangible fixed assets | 22/27 | - | €11,091 | +€11,091 | |
| Plant, machinery and equipment | 23 | - | €1,980 | +€1,980 | |
| Furniture and vehicles | 24 | - | €9,111 | +€9,111 | |
| Current assets | 29/58 | €151,820 | €76,819 | -€75,001 | -49.4% |
| Stocks and contracts in progress | 3 | €61,948 | €39,314 | -€22,634 | -36.5% |
| Stocks | 30/36 | €61,948 | €39,314 | -€22,634 | -36.5% |
| Amounts receivable within one year | 40/41 | €34,990 | €21,525 | -€13,465 | -38.5% |
| Trade receivables | 40 | €25,675 | €21,525 | -€4,150 | -16.2% |
| Other amounts receivable | 41 | €9,315 | - | -€9,315 | |
| Cash at bank and in hand | 54/58 | €54,882 | €15,980 | -€38,902 | -70.9% |
| Total equity and liabilities | 10/49 | €151,820 | €87,910 | -€63,910 | -42.1% |
| Equity | 10/15 | -€25,878 | -€89,886 | -€64,008 | -247.3% |
| Contributions | 10/11 | €6,200 | €79,700 | +€73,500 | +1185.5% |
| Profit (loss) carried forward | 14 | -€32,078 | -€169,586 | -€137,508 | -428.7% |
| Amounts payable | 17/49 | €177,699 | €177,796 | +€97 | +0.1% |
| Amounts payable after more than one year | 17 | €25,000 | €130,000 | +€105,000 | +420.0% |
| Financial debts | 170/4 | €25,000 | €130,000 | +€105,000 | +420.0% |
| Amounts payable within one year | 42/48 | €152,699 | €47,796 | -€104,903 | -68.7% |
| Trade debts | 44 | €31,233 | €33,116 | +€1,883 | +6.0% |
| Suppliers | 440/4 | €31,233 | €33,116 | +€1,883 | +6.0% |
| Taxes, remuneration and social security | 45 | €8,055 | €7,991 | -€64 | -0.8% |
| Taxes | 450/3 | €8,055 | €7,991 | -€64 | -0.8% |
| Other amounts payable | 47/48 | €113,411 | €6,689 | -€106,722 | -94.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €60 | +€60 | |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €2,183 | +€2,183 | |
| Other operating charges | 640/8 | €17,028 | €38,742 | +€21,714 | +127.5% |
| Gross operating margin | 9900 | €2,985 | -€1,570 | -€4,556 | |
| Operating profit (loss) | 9901 | -€14,042 | -€42,555 | -€28,512 | -203.0% |
| Financial income | 75/76B | - | €2,033 | +€2,033 | |
| Recurring financial income | 75 | - | €2,033 | +€2,033 | |
| Financial charges | 65/66B | €238 | €15,862 | +€15,623 | +6562.8% |
| Recurring financial charges | 65 | €238 | €15,862 | +€15,623 | +6562.8% |
| Profit (loss) for the period before taxes | 9903 | -€14,280 | -€56,383 | -€42,102 | -294.8% |
| Income taxes | 67/77 | €555 | €81,125 | +€80,570 | +14520.0% |
| Profit (loss) for the period | 9904 | -€14,835 | -€137,508 | -€122,672 | -826.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€14,835 | -€137,508 | -€122,672 | -826.9% |
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 9 October 2026 via checked.be.