EMMA&CO: 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.
EMMA&CO
Largest movements
- Current investments +€35,000
new in 2025: €35,000
- Cash -€10,692
down €10,692 (-22.1%), from €48,400 to €37,707
mainly Current investments (-€35,000) and Investment in fixed assets (net) (-€6,140)
- Tangible fixed assets +€2,771
up €2,771 (+15.7%), from €17,624 to €20,395
of which Furniture and vehicles: +€4,408
- Reserves +€31,110
up €31,110 (+42.6%), from €73,023 to €104,134
of which Distributable reserves: +€31,110
- Tax, wage and social debts -€3,806
down €3,806 (-45.9%), from €8,299 to €4,493
- Gross operating margin +€7,012
up €7,012 (+16.2%), from €43,396 to €50,409
- Taxes +€3,743
up €3,743 (+29.4%), from €12,750 to €16,493
- Financial charges -€1,507
down €1,507 (-87.9%), from €1,714 to €207
- Depreciation +€1,346
up €1,346 (+66.6%), from €2,023 to €3,370
- Other operating charges -€624
down €624 (-54.9%), from €1,137 to €513
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 | €106,967 | €133,102 | +€26,135 | +24.4% |
| Fixed assets | 21/28 | €17,624 | €20,395 | +€2,771 | +15.7% |
| Tangible fixed assets | 22/27 | €17,624 | €20,395 | +€2,771 | +15.7% |
| Land and buildings | 22 | €14,333 | €12,696 | -€1,637 | -11.4% |
| Furniture and vehicles | 24 | €3,291 | €7,699 | +€4,408 | +133.9% |
| Current assets | 29/58 | €89,343 | €112,707 | +€23,364 | +26.2% |
| Amounts receivable after more than one year | 29 | €40,000 | €40,000 | = | 0.0% |
| Other amounts receivable | 291 | €40,000 | €40,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €922 | - | -€922 | |
| Trade receivables | 40 | €922 | - | -€922 | |
| Current investments | 50/53 | - | €35,000 | +€35,000 | |
| Cash at bank and in hand | 54/58 | €48,400 | €37,707 | -€10,692 | -22.1% |
| Deferred charges and accrued income | 490/1 | €22 | - | -€22 | |
| Total equity and liabilities | 10/49 | €106,967 | €133,102 | +€26,135 | +24.4% |
| Equity | 10/15 | €95,787 | €126,898 | +€31,110 | +32.5% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €73,023 | €104,134 | +€31,110 | +42.6% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €73,023 | €104,134 | +€31,110 | +42.6% |
| Profit (loss) carried forward | 14 | €2,764 | €2,764 | = | 0.0% |
| Amounts payable | 17/49 | €11,180 | €6,204 | -€4,976 | -44.5% |
| Amounts payable within one year | 42/48 | €10,265 | €6,143 | -€4,122 | -40.2% |
| Trade debts | 44 | - | €598 | +€598 | |
| Suppliers | 440/4 | - | €598 | +€598 | |
| Taxes, remuneration and social security | 45 | €8,299 | €4,493 | -€3,806 | -45.9% |
| Taxes | 450/3 | €8,299 | €4,493 | -€3,806 | -45.9% |
| Other amounts payable | 47/48 | €1,966 | €1,052 | -€914 | -46.5% |
| Accrued charges and deferred income | 492/3 | €915 | €61 | -€854 | -93.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,023 | €3,370 | +€1,346 | +66.6% |
| Other operating charges | 640/8 | €1,137 | €513 | -€624 | -54.9% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €43,396 | €50,409 | +€7,012 | +16.2% |
| Operating profit (loss) | 9901 | €40,236 | €46,526 | +€6,289 | +15.6% |
| Financial income | 75/76B | €1,163 | €1,285 | +€123 | +10.5% |
| Recurring financial income | 75 | €1,163 | €1,285 | +€123 | +10.5% |
| Financial charges | 65/66B | €1,714 | €207 | -€1,507 | -87.9% |
| Recurring financial charges | 65 | €1,714 | €207 | -€1,507 | -87.9% |
| Profit (loss) for the period before taxes | 9903 | €39,685 | €47,604 | +€7,919 | +20.0% |
| Income taxes | 67/77 | €12,750 | €16,493 | +€3,743 | +29.4% |
| Profit (loss) for the period | 9904 | €26,935 | €31,110 | +€4,176 | +15.5% |
| Profit (loss) for the period to be appropriated | 9905 | €26,935 | €31,110 | +€4,176 | +15.5% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.