EMKAMA: 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.
EMKAMA
Largest movements
- Cash +€6,407
up €6,407 (+17.9%), from €35,858 to €42,265
mainly Net result for the year (+€9,389) and Depreciation (+€1,120)
- Tangible fixed assets +€1,283
up €1,283 (+95.0%), from €1,351 to €2,634
of which Plant, machinery and equipment: +€1,639
- Reserves +€9,389
up €9,389 (+28.0%), from €33,511 to €42,900
of which Distributable reserves: +€8,769
- Trade debts -€3,015
down €3,015 (-95.5%), from €3,156 to €141
- Tax, wage and social debts +€580
up €580 (+7.7%), from €7,533 to €8,113
of which Taxes: +€510
- Turnover -€129,727
no longer reported in 2025 (was €129,727)
- Purchases and services -€114,893
no longer reported in 2025 (was €114,893)
- Financial income +€3,500
up €3,500, from €0 to €3,500
- Gross operating margin -€3,450
down €3,450 (-19.1%), from €18,051 to €14,601
- Other operating charges +€1,422
up €1,422 (+318.1%), from €447 to €1,869
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 | €44,200 | €51,618 | +€7,418 | +16.8% |
| Fixed assets | 21/28 | €4,851 | €6,134 | +€1,283 | +26.5% |
| Tangible fixed assets | 22/27 | €1,351 | €2,634 | +€1,283 | +95.0% |
| Land and buildings | 22 | €202 | €42 | -€160 | -79.0% |
| Plant, machinery and equipment | 23 | €953 | €2,592 | +€1,639 | +172.0% |
| Furniture and vehicles | 24 | €196 | €0 | -€196 | -100.0% |
| Financial fixed assets | 28 | €3,500 | €3,500 | = | 0.0% |
| Current assets | 29/58 | €39,349 | €45,484 | +€6,135 | +15.6% |
| Amounts receivable within one year | 40/41 | €3,491 | €3,218 | -€273 | -7.8% |
| Other amounts receivable | 41 | €3,491 | €3,218 | -€273 | -7.8% |
| Cash at bank and in hand | 54/58 | €35,858 | €42,265 | +€6,407 | +17.9% |
| Total equity and liabilities | 10/49 | €44,200 | €51,618 | +€7,418 | +16.8% |
| Equity | 10/15 | €33,511 | €42,900 | +€9,389 | +28.0% |
| Reserves | 13 | €33,511 | €42,900 | +€9,389 | +28.0% |
| Non-distributable reserves | 130/1 | - | €620 | +€620 | |
| Reserves not available under the articles | 1311 | - | €620 | +€620 | |
| Distributable reserves | 133 | €33,511 | €42,280 | +€8,769 | +26.2% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €10,689 | €8,718 | -€1,971 | -18.4% |
| Amounts payable within one year | 42/48 | €10,689 | €8,254 | -€2,435 | -22.8% |
| Trade debts | 44 | €3,156 | €141 | -€3,015 | -95.5% |
| Suppliers | 440/4 | €3,156 | €141 | -€3,015 | -95.5% |
| Taxes, remuneration and social security | 45 | €7,533 | €8,113 | +€580 | +7.7% |
| Taxes | 450/3 | €4,783 | €5,293 | +€510 | +10.7% |
| Remuneration and social security | 454/9 | €2,750 | €2,820 | +€70 | +2.5% |
| Accrued charges and deferred income | 492/3 | - | €464 | +€464 | |
| Turnover | 70 | €129,727 | - | -€129,727 | |
| Non-recurring operating income | 76A | €3,217 | €0 | -€3,217 | -100.0% |
| Goods, raw materials, services and sundry goods | 60/61 | €114,893 | - | -€114,893 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €794 | €1,120 | +€326 | +41.1% |
| Other operating charges | 640/8 | €447 | €1,869 | +€1,422 | +318.1% |
| Gross operating margin | 9900 | €18,051 | €14,601 | -€3,450 | -19.1% |
| Operating profit (loss) | 9901 | €16,810 | €11,612 | -€5,198 | -30.9% |
| Financial income | 75/76B | €0 | €3,500 | +€3,500 | |
| Recurring financial income | 75 | €0 | €3,500 | +€3,500 | |
| Financial charges | 65/66B | €174 | €430 | +€256 | +147.2% |
| Recurring financial charges | 65 | €174 | €430 | +€256 | +147.2% |
| Profit (loss) for the period before taxes | 9903 | €16,636 | €14,682 | -€1,954 | -11.7% |
| Income taxes | 67/77 | €5,821 | €5,293 | -€528 | -9.1% |
| Profit (loss) for the period | 9904 | €10,815 | €9,389 | -€1,426 | -13.2% |
| Profit (loss) for the period to be appropriated | 9905 | €10,815 | €9,389 | -€1,426 | -13.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.