EMIT: 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.
EMIT
Largest movements
- Receivables within one year -€29,121
down €29,121 (-63.5%), from €45,891 to €16,769
of which Trade receivables: -€17,228
- Tangible fixed assets -€2,339
down €2,339 (-39.0%), from €5,997 to €3,658
- Profit (loss) carried forward -€29,210
down €29,210 (-14.5%), from €201,125 to €171,916
- Tax, wage and social debts -€7,114
down €7,114 (-72.5%), from €9,815 to €2,701
- Current portion of long-term debt +€6,394
up €6,394, from €0 to €6,394
- Accrued charges and deferred income -€4,920
down €4,920 (-100.0%), from €4,920 to €0
- Trade debts +€3,671
up €3,671, from €0 to €3,671
- Other operating charges +€19,160
up €19,160 (+8505.8%), from €225 to €19,385
- Gross operating margin +€9,031
up €9,031 (+45.4%), from -€19,871 to -€10,840
- Financial income -€2,765
down €2,765 (-32.3%), from €8,565 to €5,800
- Staff costs +€733
up €733, from €0 to €733
- Depreciation +€485
up €485 (+26.1%), from €1,854 to €2,339
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 | €223,921 | €192,742 | -€31,179 | -13.9% |
| Fixed assets | 21/28 | €5,997 | €3,658 | -€2,339 | -39.0% |
| Tangible fixed assets | 22/27 | €5,997 | €3,658 | -€2,339 | -39.0% |
| Plant, machinery and equipment | 23 | €2,703 | €1,709 | -€994 | -36.8% |
| Furniture and vehicles | 24 | €2,387 | €1,767 | -€619 | -25.9% |
| Other tangible fixed assets | 26 | €908 | €182 | -€726 | -80.0% |
| Current assets | 29/58 | €217,923 | €189,084 | -€28,840 | -13.2% |
| Amounts receivable after more than one year | 29 | €170,000 | €170,000 | = | 0.0% |
| Other amounts receivable | 291 | €170,000 | €170,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €45,891 | €16,769 | -€29,121 | -63.5% |
| Trade receivables | 40 | €25,263 | €8,035 | -€17,228 | -68.2% |
| Other amounts receivable | 41 | €20,628 | €8,734 | -€11,894 | -57.7% |
| Cash at bank and in hand | 54/58 | €1,108 | €272 | -€836 | -75.5% |
| Deferred charges and accrued income | 490/1 | €925 | €2,042 | +€1,118 | +120.9% |
| Total equity and liabilities | 10/49 | €223,921 | €192,742 | -€31,179 | -13.9% |
| Equity | 10/15 | €209,185 | €179,976 | -€29,210 | -14.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €201,125 | €171,916 | -€29,210 | -14.5% |
| Amounts payable | 17/49 | €14,735 | €12,766 | -€1,969 | -13.4% |
| Amounts payable within one year | 42/48 | €9,815 | €12,766 | +€2,951 | +30.1% |
| Current portion of amounts payable after more than one year | 42 | €0 | €6,394 | +€6,394 | |
| Trade debts | 44 | €0 | €3,671 | +€3,671 | |
| Suppliers | 440/4 | €0 | €3,671 | +€3,671 | |
| Taxes, remuneration and social security | 45 | €9,815 | €2,701 | -€7,114 | -72.5% |
| Taxes | 450/3 | €9,815 | €2,701 | -€7,114 | -72.5% |
| Accrued charges and deferred income | 492/3 | €4,920 | €0 | -€4,920 | -100.0% |
| Remuneration, social security and pensions | 62 | €0 | €733 | +€733 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,854 | €2,339 | +€485 | +26.1% |
| Other operating charges | 640/8 | €225 | €19,385 | +€19,160 | +8505.8% |
| Gross operating margin | 9900 | -€19,871 | -€10,840 | +€9,031 | +45.4% |
| Operating profit (loss) | 9901 | -€21,951 | -€33,297 | -€11,347 | -51.7% |
| Financial income | 75/76B | €8,565 | €5,800 | -€2,765 | -32.3% |
| Recurring financial income | 75 | €8,565 | €5,800 | -€2,765 | -32.3% |
| Financial charges | 65/66B | €1,756 | €1,275 | -€481 | -27.4% |
| Recurring financial charges | 65 | €1,756 | €1,275 | -€481 | -27.4% |
| Profit (loss) for the period before taxes | 9903 | -€15,141 | -€28,772 | -€13,630 | -90.0% |
| Income taxes | 67/77 | €429 | €438 | +€9 | +2.1% |
| Profit (loss) for the period | 9904 | -€15,571 | -€29,210 | -€13,639 | -87.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€15,571 | -€29,210 | -€13,639 | -87.6% |
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 10 October 2026 via checked.be.