EMMA S HOLDING: 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 S HOLDING
Largest movements
- Cash +€12,029
up €12,029 (+131%), from €9,213 to €21,242
mainly Net result for the year (+€35,359) and Tax, wage and social debts (+€12,203)
- Profit (loss) carried forward +€35,359
up €35,359 (+37.1%), from €95,182 to €130,541
- Debts after one year -€31,873
down €31,873 (-7.7%), from €415,593 to €383,720
of which Financial debts: -€31,873
- Tax, wage and social debts +€12,203
up €12,203 (+87.8%), from €13,892 to €26,095
of which Taxes: +€10,403
- Gross operating margin +€3,327
up €3,327 (+6.9%), from €48,228 to €51,555
- Financial charges -€1,069
down €1,069 (-15.9%), from €6,738 to €5,669
- Taxes +€741
up €741 (+8.1%), from €9,148 to €9,889
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 | €559,549 | €576,576 | +€17,027 | +3.0% |
| Fixed assets | 21/28 | €550,000 | €550,000 | = | 0.0% |
| Financial fixed assets | 28 | €550,000 | €550,000 | = | 0.0% |
| Current assets | 29/58 | €9,549 | €26,576 | +€17,027 | +178% |
| Amounts receivable within one year | 40/41 | €336 | €5,176 | +€4,840 | +1,439% |
| Trade receivables | 40 | - | €4,840 | +€4,840 | |
| Other amounts receivable | 41 | €336 | €336 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €9,213 | €21,242 | +€12,029 | +131% |
| Deferred charges and accrued income | 490/1 | - | €158 | +€158 | |
| Total equity and liabilities | 10/49 | €559,549 | €576,576 | +€17,027 | +3.0% |
| Equity | 10/15 | €98,182 | €133,541 | +€35,359 | +36.0% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €95,182 | €130,541 | +€35,359 | +37.1% |
| Amounts payable | 17/49 | €461,368 | €443,035 | -€18,333 | -4.0% |
| Amounts payable after more than one year | 17 | €415,593 | €383,720 | -€31,873 | -7.7% |
| Financial debts | 170/4 | €140,593 | €108,720 | -€31,873 | -22.7% |
| Other amounts payable | 178/9 | €275,000 | €275,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €45,375 | €58,916 | +€13,541 | +29.8% |
| Current portion of amounts payable after more than one year | 42 | €30,763 | €31,851 | +€1,088 | +3.5% |
| Trade debts | 44 | €658 | €908 | +€249 | +37.9% |
| Suppliers | 440/4 | €658 | €908 | +€249 | +37.9% |
| Taxes, remuneration and social security | 45 | €13,892 | €26,095 | +€12,203 | +87.8% |
| Taxes | 450/3 | €13,892 | €24,295 | +€10,403 | +74.9% |
| Remuneration and social security | 454/9 | - | €1,800 | +€1,800 | |
| Other amounts payable | 47/48 | €62 | €62 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €400 | €400 | = | 0.0% |
| Other operating charges | 640/8 | €1,000 | €638 | -€362 | -36.2% |
| Gross operating margin | 9900 | €48,228 | €51,555 | +€3,327 | +6.9% |
| Operating profit (loss) | 9901 | €47,228 | €50,917 | +€3,689 | +7.8% |
| Financial charges | 65/66B | €6,738 | €5,669 | -€1,069 | -15.9% |
| Recurring financial charges | 65 | €6,738 | €5,669 | -€1,069 | -15.9% |
| Profit (loss) for the period before taxes | 9903 | €40,489 | €45,248 | +€4,758 | +11.8% |
| Income taxes | 67/77 | €9,148 | €9,889 | +€741 | +8.1% |
| Profit (loss) for the period | 9904 | €31,341 | €35,359 | +€4,018 | +12.8% |
| Profit (loss) for the period to be appropriated | 9905 | €31,341 | €35,359 | +€4,018 | +12.8% |
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 26 October 2026 via checked.be.