EMK: 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.
EMK
Largest movements
- Deferred charges and accrued income -€7,500
no longer reported in 2025 (was €7,500)
- Receivables within one year -€928
down €928 (-11.8%), from €7,840 to €6,913
of which Trade receivables: -€875
- Cash +€726
up €726 (+12.5%), from €5,810 to €6,536
mainly Deferred charges and accrued income (+€7,500) and Trade debts (+€1,887)
- Profit (loss) carried forward -€7,259
down €7,259 (-43.5%), from €16,700 to €9,441
- Tax, wage and social debts -€2,325
down €2,325 (-96.9%), from €2,400 to €75
of which Remuneration and social security: -€1,725
- Trade debts +€1,887
up €1,887 (+4838.8%), from €39 to €1,926
- Gross operating margin -€11,001
down €11,001, from €6,234 to -€4,766
- Financial charges -€986
down €986 (-43.0%), from €2,291 to €1,306
- Financial income +€246
new in 2025: €246
- Other operating charges -€243
down €243 (-33.8%), from €721 to €477
- Staff costs -€65
down €65 (-6.3%), from €1,020 to €955
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 | €21,150 | €13,449 | -€7,702 | -36.4% |
| Current assets | 29/58 | €21,150 | €13,449 | -€7,702 | -36.4% |
| Amounts receivable within one year | 40/41 | €7,840 | €6,913 | -€928 | -11.8% |
| Trade receivables | 40 | €5,875 | €5,000 | -€875 | -14.9% |
| Other amounts receivable | 41 | €1,965 | €1,913 | -€53 | -2.7% |
| Cash at bank and in hand | 54/58 | €5,810 | €6,536 | +€726 | +12.5% |
| Deferred charges and accrued income | 490/1 | €7,500 | - | -€7,500 | |
| Total equity and liabilities | 10/49 | €21,150 | €13,449 | -€7,702 | -36.4% |
| Equity | 10/15 | €18,700 | €11,441 | -€7,259 | -38.8% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €16,700 | €9,441 | -€7,259 | -43.5% |
| Amounts payable | 17/49 | €2,451 | €2,008 | -€443 | -18.1% |
| Amounts payable within one year | 42/48 | €2,451 | €2,008 | -€443 | -18.1% |
| Trade debts | 44 | €39 | €1,926 | +€1,887 | +4838.8% |
| Suppliers | 440/4 | €39 | €1,926 | +€1,887 | +4838.8% |
| Taxes, remuneration and social security | 45 | €2,400 | €75 | -€2,325 | -96.9% |
| Taxes | 450/3 | €650 | €50 | -€600 | -92.3% |
| Remuneration and social security | 454/9 | €1,750 | €25 | -€1,725 | -98.6% |
| Other amounts payable | 47/48 | €11 | €6 | -€5 | -43.4% |
| Remuneration, social security and pensions | 62 | €1,020 | €955 | -€65 | -6.3% |
| Other operating charges | 640/8 | €721 | €477 | -€243 | -33.8% |
| Gross operating margin | 9900 | €6,234 | -€4,766 | -€11,001 | |
| Operating profit (loss) | 9901 | €4,493 | -€6,199 | -€10,692 | |
| Financial income | 75/76B | - | €246 | +€246 | |
| Recurring financial income | 75 | - | €246 | +€246 | |
| Financial charges | 65/66B | €2,291 | €1,306 | -€986 | -43.0% |
| Recurring financial charges | 65 | €2,291 | €1,306 | -€986 | -43.0% |
| Profit (loss) for the period before taxes | 9903 | €2,202 | -€7,259 | -€9,461 | |
| Income taxes | 67/77 | €50 | - | -€50 | |
| Profit (loss) for the period | 9904 | €2,152 | -€7,259 | -€9,411 | |
| Profit (loss) for the period to be appropriated | 9905 | €2,152 | -€7,259 | -€9,411 |
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 12 October 2026 via checked.be.