EMIXEM: 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.
EMIXEM
Largest movements
- Receivables after one year +€18,560
up €18,560 (+29.8%), from €62,182 to €80,743
- Tangible fixed assets -€14,223
down €14,223 (-14.9%), from €95,669 to €81,447
- Cash +€7,142
up €7,142 (+18.6%), from €38,489 to €45,631
mainly Depreciation (+€15,212) and Net result for the year (+€14,578)
- Debts after one year -€14,936
down €14,936 (-24.0%), from €62,111 to €47,175
- Profit (loss) carried forward +€14,578
up €14,578 (+14.7%), from -€99,438 to -€84,859
- Trade debts +€7,293
up €7,293 (+114.7%), from €6,356 to €13,649
- Tax, wage and social debts +€4,968
up €4,968 (+55.4%), from €8,970 to €13,938
of which Taxes: +€5,248
- Gross operating margin +€115,140
up €115,140, from -€65,451 to €49,689
- Staff costs -€9,978
down €9,978 (-96.8%), from €10,304 to €326
- Other operating charges +€5,810
up €5,810 (+347.3%), from €1,673 to €7,483
- Financial charges +€5,570
up €5,570 (+65.3%), from €8,529 to €14,100
- Depreciation +€2,289
up €2,289 (+17.7%), from €12,923 to €15,212
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 | €324,422 | €338,731 | +€14,309 | +4.4% |
| Fixed assets | 21/28 | €95,669 | €81,447 | -€14,223 | -14.9% |
| Tangible fixed assets | 22/27 | €95,669 | €81,447 | -€14,223 | -14.9% |
| Land and buildings | 22 | €11,654 | €7,692 | -€3,962 | -34.0% |
| Plant, machinery and equipment | 23 | €2,923 | €1,700 | -€1,223 | -41.8% |
| Furniture and vehicles | 24 | €16,852 | €10,744 | -€6,108 | -36.2% |
| Other tangible fixed assets | 26 | €64,240 | €61,310 | -€2,930 | -4.6% |
| Current assets | 29/58 | €228,753 | €257,285 | +€28,532 | +12.5% |
| Amounts receivable after more than one year | 29 | €62,182 | €80,743 | +€18,560 | +29.8% |
| Other amounts receivable | 291 | €62,182 | €80,743 | +€18,560 | +29.8% |
| Stocks and contracts in progress | 3 | €66,105 | €66,105 | = | 0.0% |
| Stocks | 30/36 | €66,105 | €66,105 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €50,978 | €50,467 | -€511 | -1.0% |
| Trade receivables | 40 | €15,164 | €50,318 | +€35,154 | +231.8% |
| Other amounts receivable | 41 | €35,814 | €148 | -€35,665 | -99.6% |
| Cash at bank and in hand | 54/58 | €38,489 | €45,631 | +€7,142 | +18.6% |
| Deferred charges and accrued income | 490/1 | €10,999 | €14,339 | +€3,340 | +30.4% |
| Total equity and liabilities | 10/49 | €324,422 | €338,731 | +€14,309 | +4.4% |
| Equity | 10/15 | €125,219 | €139,797 | +€14,578 | +11.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €218,456 | €218,456 | = | 0.0% |
| Tax-exempt reserves | 132 | €198,434 | €198,434 | = | 0.0% |
| Distributable reserves | 133 | €20,022 | €20,022 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€99,438 | -€84,859 | +€14,578 | +14.7% |
| Provisions and deferred taxes | 16 | €49,608 | €49,608 | = | 0.0% |
| Deferred taxes | 168 | €49,608 | €49,608 | = | 0.0% |
| Amounts payable | 17/49 | €149,595 | €149,326 | -€269 | -0.2% |
| Amounts payable after more than one year | 17 | €62,111 | €47,175 | -€14,936 | -24.0% |
| Financial debts | 170/4 | €62,111 | €47,175 | -€14,936 | -24.0% |
| Amounts payable within one year | 42/48 | €87,484 | €102,151 | +€14,667 | +16.8% |
| Current portion of amounts payable after more than one year | 42 | €16,865 | €16,263 | -€602 | -3.6% |
| Trade debts | 44 | €6,356 | €13,649 | +€7,293 | +114.7% |
| Suppliers | 440/4 | €6,356 | €13,649 | +€7,293 | +114.7% |
| Taxes, remuneration and social security | 45 | €8,970 | €13,938 | +€4,968 | +55.4% |
| Taxes | 450/3 | €5,819 | €11,067 | +€5,248 | +90.2% |
| Remuneration and social security | 454/9 | €3,151 | €2,871 | -€281 | -8.9% |
| Other amounts payable | 47/48 | €55,293 | €58,301 | +€3,008 | +5.4% |
| Remuneration, social security and pensions | 62 | €10,304 | €326 | -€9,978 | -96.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,923 | €15,212 | +€2,289 | +17.7% |
| Other operating charges | 640/8 | €1,673 | €7,483 | +€5,810 | +347.3% |
| Gross operating margin | 9900 | -€65,451 | €49,689 | +€115,140 | |
| Operating profit (loss) | 9901 | -€90,351 | €26,669 | +€117,020 | |
| Financial income | 75/76B | €2,048 | €2,560 | +€512 | +25.0% |
| Recurring financial income | 75 | €2,048 | €2,560 | +€512 | +25.0% |
| Financial charges | 65/66B | €8,529 | €14,100 | +€5,570 | +65.3% |
| Recurring financial charges | 65 | €8,529 | €14,100 | +€5,570 | +65.3% |
| Profit (loss) for the period before taxes | 9903 | -€96,832 | €15,130 | +€111,962 | |
| Income taxes | 67/77 | €411 | €552 | +€140 | +34.2% |
| Profit (loss) for the period | 9904 | -€97,243 | €14,578 | +€111,821 | |
| Profit (loss) for the period to be appropriated | 9905 | -€97,243 | €14,578 | +€111,821 |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.