EMMA SOLUTIONS: 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 SOLUTIONS
Largest movements
- Receivables within one year +€81,897
up €81,897 (+624%), from €13,128 to €95,025
of which Other amounts receivable: +€80,998
- Tangible fixed assets -€5,621
down €5,621 (-1.5%), from €362,685 to €357,064
of which Land and buildings: -€14,115
- Other debts +€173,175
up €173,175 (+345%), from €50,167 to €223,342
- Debts after one year -€53,973
down €53,973 (-40.4%), from €133,724 to €79,751
- Advances received -€25,237
down €25,237 (-50.6%), from €49,844 to €24,607
- Accrued charges and deferred income -€9,500
down €9,500 (-30.1%), from €31,520 to €22,020
- Tax, wage and social debts -€5,786
down €5,786 (-64.4%), from €8,989 to €3,203
- Taxes +€6,365
new in 2025: €6,365
- Gross operating margin -€5,374
down €5,374 (-13.4%), from €40,144 to €34,770
- Depreciation -€2,577
down €2,577 (-11.8%), from €21,923 to €19,346
- Financial charges +€1,231
up €1,231 (+19.3%), from €6,376 to €7,607
- Other operating charges -€951
down €951 (-28.4%), from €3,343 to €2,392
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 | €454,885 | €531,716 | +€76,831 | +16.9% |
| Fixed assets | 21/28 | €434,817 | €429,196 | -€5,621 | -1.3% |
| Tangible fixed assets | 22/27 | €362,685 | €357,064 | -€5,621 | -1.5% |
| Land and buildings | 22 | €354,869 | €340,754 | -€14,115 | -4.0% |
| Furniture and vehicles | 24 | €5,816 | €3,581 | -€2,235 | -38.4% |
| Other tangible fixed assets | 26 | €2,000 | €12,729 | +€10,729 | +536% |
| Financial fixed assets | 28 | €72,132 | €72,132 | = | 0.0% |
| Current assets | 29/58 | €20,068 | €102,520 | +€82,452 | +411% |
| Amounts receivable within one year | 40/41 | €13,128 | €95,025 | +€81,897 | +624% |
| Trade receivables | 40 | €13,126 | €14,025 | +€899 | +6.8% |
| Other amounts receivable | 41 | €2 | €81,000 | +€80,998 | +4,049,900% |
| Cash at bank and in hand | 54/58 | €6,940 | €7,495 | +€555 | +8.0% |
| Total equity and liabilities | 10/49 | €454,885 | €531,716 | +€76,831 | +16.9% |
| Equity | 10/15 | €116,502 | €115,562 | -€940 | -0.8% |
| Contributions | 10/11 | €34,204 | €34,204 | = | 0.0% |
| Reserves | 13 | €20,000 | €20,000 | = | 0.0% |
| Distributable reserves | 133 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €62,298 | €61,358 | -€940 | -1.5% |
| Amounts payable | 17/49 | €338,383 | €416,154 | +€77,771 | +23.0% |
| Amounts payable after more than one year | 17 | €133,724 | €79,751 | -€53,973 | -40.4% |
| Financial debts | 170/4 | €133,724 | €79,751 | -€53,973 | -40.4% |
| Amounts payable within one year | 42/48 | €173,139 | €314,383 | +€141,244 | +81.6% |
| Current portion of amounts payable after more than one year | 42 | €56,139 | €54,800 | -€1,339 | -2.4% |
| Financial debts | 43 | €6,000 | €6,000 | = | 0.0% |
| Credit institutions | 430/8 | €6,000 | €6,000 | = | 0.0% |
| Trade debts | 44 | €2,000 | €2,431 | +€431 | +21.6% |
| Suppliers | 440/4 | €2,000 | €2,431 | +€431 | +21.6% |
| Advances received on contracts in progress | 46 | €49,844 | €24,607 | -€25,237 | -50.6% |
| Taxes, remuneration and social security | 45 | €8,989 | €3,203 | -€5,786 | -64.4% |
| Taxes | 450/3 | €8,989 | €3,203 | -€5,786 | -64.4% |
| Other amounts payable | 47/48 | €50,167 | €223,342 | +€173,175 | +345% |
| Accrued charges and deferred income | 492/3 | €31,520 | €22,020 | -€9,500 | -30.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,923 | €19,346 | -€2,577 | -11.8% |
| Other operating charges | 640/8 | €3,343 | €2,392 | -€951 | -28.4% |
| Gross operating margin | 9900 | €40,144 | €34,770 | -€5,374 | -13.4% |
| Operating profit (loss) | 9901 | €14,878 | €13,032 | -€1,846 | -12.4% |
| Financial charges | 65/66B | €6,376 | €7,607 | +€1,231 | +19.3% |
| Recurring financial charges | 65 | €6,376 | €7,607 | +€1,231 | +19.3% |
| Profit (loss) for the period before taxes | 9903 | €8,502 | €5,425 | -€3,077 | -36.2% |
| Income taxes | 67/77 | - | €6,365 | +€6,365 | |
| Profit (loss) for the period | 9904 | €8,502 | -€940 | -€9,442 | |
| Profit (loss) for the period to be appropriated | 9905 | €8,502 | -€940 | -€9,442 |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.