EMJ MEDICS: 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.
EMJ MEDICS
Largest movements
- Tangible fixed assets +€505,803
up €505,803 (+779%), from €64,905 to €570,709
of which Land and buildings: +€507,442
- Debts after one year +€465,706
up €465,706 (+1,103%), from €42,214 to €507,919
- Current portion of long-term debt +€24,704
up €24,704 (+320%), from €7,727 to €32,431
- Tax, wage and social debts +€17,023
up €17,023 (+128%), from €13,273 to €30,296
of which Taxes: +€15,523
- Gross operating margin -€51,372
down €51,372 (-58.6%), from €87,652 to €36,280
- Other operating charges -€47,996
down €47,996 (-99.5%), from €48,242 to €247
- Depreciation +€15,900
up €15,900 (+531%), from €2,997 to €18,897
- Staff costs +€3,246
up €3,246 (+649%), from €500 to €3,746
- Taxes -€2,618
down €2,618 (-33.1%), from €7,913 to €5,295
From the 2022 result to the 2023 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 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €105,454 | €611,555 | +€506,101 | +480% |
| Fixed assets | 21/28 | €64,905 | €570,709 | +€505,803 | +779% |
| Tangible fixed assets | 22/27 | €64,905 | €570,709 | +€505,803 | +779% |
| Land and buildings | 22 | €61,465 | €568,907 | +€507,442 | +826% |
| Plant, machinery and equipment | 23 | €544 | €362 | -€181 | -33.3% |
| Furniture and vehicles | 24 | €2,897 | €1,439 | -€1,458 | -50.3% |
| Current assets | 29/58 | €40,549 | €40,847 | +€298 | +0.7% |
| Amounts receivable within one year | 40/41 | €32,045 | €37,830 | +€5,785 | +18.1% |
| Other amounts receivable | 41 | €32,045 | €37,830 | +€5,785 | +18.1% |
| Cash at bank and in hand | 54/58 | €8,467 | €3,017 | -€5,450 | -64.4% |
| Deferred charges and accrued income | 490/1 | €37 | - | -€37 | |
| Total equity and liabilities | 10/49 | €105,454 | €611,555 | +€506,101 | +480% |
| Equity | 10/15 | €29,414 | €28,821 | -€593 | -2.0% |
| Contributions | 10/11 | €3,300 | €3,300 | = | 0.0% |
| Reserves | 13 | €20,000 | €20,000 | = | 0.0% |
| Distributable reserves | 133 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €6,114 | €5,521 | -€593 | -9.7% |
| Amounts payable | 17/49 | €76,040 | €582,734 | +€506,694 | +666% |
| Amounts payable after more than one year | 17 | €42,214 | €507,919 | +€465,706 | +1,103% |
| Financial debts | 170/4 | €42,214 | €507,919 | +€465,706 | +1,103% |
| Amounts payable within one year | 42/48 | €33,827 | €74,815 | +€40,988 | +121% |
| Current portion of amounts payable after more than one year | 42 | €7,727 | €32,431 | +€24,704 | +320% |
| Trade debts | 44 | €12,827 | €12,088 | -€739 | -5.8% |
| Suppliers | 440/4 | €12,827 | €12,088 | -€739 | -5.8% |
| Taxes, remuneration and social security | 45 | €13,273 | €30,296 | +€17,023 | +128% |
| Taxes | 450/3 | €13,273 | €28,796 | +€15,523 | +117% |
| Remuneration and social security | 454/9 | - | €1,500 | +€1,500 | |
| Remuneration, social security and pensions | 62 | €500 | €3,746 | +€3,246 | +649% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,997 | €18,897 | +€15,900 | +531% |
| Other operating charges | 640/8 | €48,242 | €247 | -€47,996 | -99.5% |
| Gross operating margin | 9900 | €87,652 | €36,280 | -€51,372 | -58.6% |
| Operating profit (loss) | 9901 | €35,913 | €13,391 | -€22,522 | -62.7% |
| Financial income | 75/76B | €0 | €0 | +€0 | +344% |
| Recurring financial income | 75 | €0 | €0 | +€0 | +344% |
| Financial charges | 65/66B | €9,426 | €8,689 | -€737 | -7.8% |
| Recurring financial charges | 65 | €9,426 | €8,689 | -€737 | -7.8% |
| Profit (loss) for the period before taxes | 9903 | €26,487 | €4,702 | -€21,785 | -82.2% |
| Income taxes | 67/77 | €7,913 | €5,295 | -€2,618 | -33.1% |
| Profit (loss) for the period | 9904 | €18,575 | -€593 | -€19,167 | |
| Profit (loss) for the period to be appropriated | 9905 | €18,575 | -€593 | -€19,167 |
Source: filed annual accounts (NBB), financial years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.