EMKABEE: 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.
EMKABEE
Largest movements
- Cash +€194,077
up €194,077 (+181%), from €107,110 to €301,187
mainly Current investments (+€174,813) and Net result for the year (+€20,701)
- Current investments -€174,813
down €174,813 (-58.3%), from €300,000 to €125,187
- Receivables within one year -€9,771
down €9,771 (-31.6%), from €30,938 to €21,168
of which Trade receivables: -€7,018
- Tangible fixed assets +€9,722
up €9,722 (+48.3%), from €20,120 to €29,843
of which Furniture and vehicles: +€11,104
- Reserves +€16,951
up €16,951 (+4.3%), from €398,103 to €415,054
- Debts after one year -€5,273
down €5,273 (-62.9%), from €8,383 to €3,109
- Gross operating margin +€22,616
up €22,616 (+205%), from €11,039 to €33,655
- Taxes +€5,788
up €5,788 (+256%), from €2,262 to €8,050
- Financial income +€2,853
up €2,853 (+74.9%), from €3,808 to €6,661
- Depreciation +€2,255
up €2,255 (+55.0%), from €4,099 to €6,353
- Financial charges -€925
down €925 (-18.7%), from €4,952 to €4,027
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
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 | €460,934 | €478,989 | +€18,054 | +3.9% |
| Fixed assets | 21/28 | €20,120 | €29,843 | +€9,722 | +48.3% |
| Tangible fixed assets | 22/27 | €20,120 | €29,843 | +€9,722 | +48.3% |
| Land and buildings | 22 | €19,010 | €15,755 | -€3,255 | -17.1% |
| Plant, machinery and equipment | 23 | €1,110 | €395 | -€715 | -64.4% |
| Furniture and vehicles | 24 | - | €11,104 | +€11,104 | |
| Other tangible fixed assets | 26 | - | €2,589 | +€2,589 | |
| Current assets | 29/58 | €440,814 | €449,146 | +€8,332 | +1.9% |
| Amounts receivable within one year | 40/41 | €30,938 | €21,168 | -€9,771 | -31.6% |
| Trade receivables | 40 | €28,186 | €21,168 | -€7,018 | -24.9% |
| Other amounts receivable | 41 | €2,752 | €0 | -€2,752 | -100% |
| Current investments | 50/53 | €300,000 | €125,187 | -€174,813 | -58.3% |
| Cash at bank and in hand | 54/58 | €107,110 | €301,187 | +€194,077 | +181% |
| Deferred charges and accrued income | 490/1 | €2,766 | €1,605 | -€1,161 | -42.0% |
| Total equity and liabilities | 10/49 | €460,934 | €478,989 | +€18,054 | +3.9% |
| Equity | 10/15 | €404,736 | €421,687 | +€16,951 | +4.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €398,103 | €415,054 | +€16,951 | +4.3% |
| Distributable reserves | 133 | €398,103 | €415,054 | +€16,951 | +4.3% |
| Profit (loss) carried forward | 14 | €433 | €433 | = | 0.0% |
| Amounts payable | 17/49 | €56,199 | €57,302 | +€1,103 | +2.0% |
| Amounts payable after more than one year | 17 | €8,383 | €3,109 | -€5,273 | -62.9% |
| Financial debts | 170/4 | €8,383 | €3,109 | -€5,273 | -62.9% |
| Amounts payable within one year | 42/48 | €47,816 | €54,017 | +€6,201 | +13.0% |
| Current portion of amounts payable after more than one year | 42 | €5,201 | €5,273 | +€72 | +1.4% |
| Trade debts | 44 | €1,873 | €3,997 | +€2,124 | +113% |
| Suppliers | 440/4 | €1,873 | €3,997 | +€2,124 | +113% |
| Taxes, remuneration and social security | 45 | €6,234 | €6,226 | -€8 | -0.1% |
| Taxes | 450/3 | €6,234 | €4,724 | -€1,510 | -24.2% |
| Remuneration and social security | 454/9 | €0 | €1,502 | +€1,502 | |
| Other amounts payable | 47/48 | €34,508 | €38,520 | +€4,013 | +11.6% |
| Accrued charges and deferred income | 492/3 | - | €176 | +€176 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,099 | €6,353 | +€2,255 | +55.0% |
| Other operating charges | 640/8 | €1,019 | €1,184 | +€164 | +16.1% |
| Gross operating margin | 9900 | €11,039 | €33,655 | +€22,616 | +205% |
| Operating profit (loss) | 9901 | €5,920 | €26,118 | +€20,197 | +341% |
| Financial income | 75/76B | €3,808 | €6,661 | +€2,853 | +74.9% |
| Recurring financial income | 75 | €3,808 | €6,661 | +€2,853 | +74.9% |
| Financial charges | 65/66B | €4,952 | €4,027 | -€925 | -18.7% |
| Recurring financial charges | 65 | €4,952 | €4,027 | -€925 | -18.7% |
| Profit (loss) for the period before taxes | 9903 | €4,776 | €28,751 | +€23,975 | +502% |
| Income taxes | 67/77 | €2,262 | €8,050 | +€5,788 | +256% |
| Profit (loss) for the period | 9904 | €2,514 | €20,701 | +€18,187 | +723% |
| Profit (loss) for the period to be appropriated | 9905 | €2,514 | €20,701 | +€18,187 | +723% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.