EMITIME: 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.
EMITIME
Largest movements
- Intangible fixed assets -€46,198
down €46,198 (-21.8%), from €211,910 to €165,712
- Profit (loss) carried forward -€55,449
down €55,449 (-74.9%), from €74,026 to €18,576
- Other debts +€10,911
up €10,911 (+2,320%), from €470 to €11,381
- Financial charges +€227
up €227 (+10,677%), from €2 to €230
- Gross operating margin -€210
down €210 (-2.6%), from -€8,204 to -€8,414
- Financial income -€159
no longer reported in 2025 (was €159)
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €222,448 | €178,016 | -€44,432 | -20.0% |
| Fixed assets | 21/28 | €211,910 | €165,712 | -€46,198 | -21.8% |
| Intangible fixed assets | 21 | €211,910 | €165,712 | -€46,198 | -21.8% |
| Current assets | 29/58 | €10,537 | €12,304 | +€1,767 | +16.8% |
| Amounts receivable within one year | 40/41 | €10,537 | €12,304 | +€1,767 | +16.8% |
| Other amounts receivable | 41 | €10,537 | €12,304 | +€1,767 | +16.8% |
| Total equity and liabilities | 10/49 | €222,448 | €178,016 | -€44,432 | -20.0% |
| Equity | 10/15 | €219,801 | €164,352 | -€55,449 | -25.2% |
| Contributions | 10/11 | €3,786 | €3,786 | = | 0.0% |
| Reserves | 13 | €141,990 | €141,990 | = | 0.0% |
| Non-distributable reserves | 130/1 | €674 | €674 | = | 0.0% |
| Reserves not available under the articles | 1311 | €674 | €674 | = | 0.0% |
| Distributable reserves | 133 | €141,316 | €141,316 | = | 0.0% |
| Profit (loss) carried forward | 14 | €74,026 | €18,576 | -€55,449 | -74.9% |
| Amounts payable | 17/49 | €2,646 | €13,664 | +€11,018 | +416% |
| Amounts payable within one year | 42/48 | €2,646 | €13,664 | +€11,018 | +416% |
| Trade debts | 44 | €2,176 | €2,283 | +€107 | +4.9% |
| Suppliers | 440/4 | €2,176 | €2,283 | +€107 | +4.9% |
| Other amounts payable | 47/48 | €470 | €11,381 | +€10,911 | +2,320% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €46,198 | €46,198 | = | 0.0% |
| Other operating charges | 640/8 | €590 | €607 | +€17 | +2.9% |
| Gross operating margin | 9900 | -€8,204 | -€8,414 | -€210 | -2.6% |
| Operating profit (loss) | 9901 | -€54,993 | -€55,220 | -€227 | -0.4% |
| Financial income | 75/76B | €159 | - | -€159 | |
| Recurring financial income | 75 | €159 | - | -€159 | |
| Financial charges | 65/66B | €2 | €230 | +€227 | +10,677% |
| Recurring financial charges | 65 | €2 | €230 | +€227 | +10,677% |
| Profit (loss) for the period before taxes | 9903 | -€54,836 | -€55,449 | -€614 | -1.1% |
| Profit (loss) for the period | 9904 | -€54,836 | -€55,449 | -€614 | -1.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€54,836 | -€55,449 | -€614 | -1.1% |
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 21 October 2026 via checked.be.