Emmanuel-Gabriel: 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.
Emmanuel-Gabriel
Largest movements
- Receivables within one year +€15,079
up €15,079 (+34.4%), from €43,811 to €58,890
of which Other amounts receivable: +€21,960
- Cash +€8,550
up €8,550 (+20.8%), from €41,119 to €49,669
mainly Net result for the year (+€38,570) and Tax, wage and social debts (+€15,061)
- Tax, wage and social debts +€15,061
up €15,061 (+122%), from €12,348 to €27,410
of which Taxes: +€8,207
- Reserves +€13,570
up €13,570 (+109%), from €12,439 to €26,009
of which Distributable reserves: +€13,570
- Trade debts -€5,660
down €5,660 (-24.5%), from €23,132 to €17,471
- Staff costs -€11,410
down €11,410 (-14.2%), from €80,168 to €68,758
- Taxes +€6,382
up €6,382 (+410%), from €1,555 to €7,937
- Other operating charges -€2,298
down €2,298 (-56.1%), from €4,094 to €1,797
- Gross operating margin +€2,255
up €2,255 (+1.9%), from €119,570 to €121,825
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €113,586 | €136,557 | +€22,971 | +20.2% |
| Fixed assets | 21/28 | €12,687 | €11,733 | -€953 | -7.5% |
| Tangible fixed assets | 22/27 | €6,536 | €5,582 | -€953 | -14.6% |
| Plant, machinery and equipment | 23 | €397 | €303 | -€94 | -23.8% |
| Furniture and vehicles | 24 | €5,492 | €4,729 | -€762 | -13.9% |
| Other tangible fixed assets | 26 | €647 | €550 | -€97 | -14.9% |
| Financial fixed assets | 28 | €6,151 | €6,151 | = | 0.0% |
| Current assets | 29/58 | €100,899 | €124,824 | +€23,925 | +23.7% |
| Stocks and contracts in progress | 3 | €15,969 | €16,265 | +€296 | +1.9% |
| Stocks | 30/36 | €15,969 | €16,265 | +€296 | +1.9% |
| Amounts receivable within one year | 40/41 | €43,811 | €58,890 | +€15,079 | +34.4% |
| Trade receivables | 40 | €18,078 | €11,197 | -€6,880 | -38.1% |
| Other amounts receivable | 41 | €25,733 | €47,693 | +€21,960 | +85.3% |
| Cash at bank and in hand | 54/58 | €41,119 | €49,669 | +€8,550 | +20.8% |
| Total equity and liabilities | 10/49 | €113,586 | €136,557 | +€22,971 | +20.2% |
| Equity | 10/15 | €44,106 | €57,676 | +€13,570 | +30.8% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €12,439 | €26,009 | +€13,570 | +109% |
| Non-distributable reserves | 130/1 | €1,193 | €1,193 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,193 | €1,193 | = | 0.0% |
| Distributable reserves | 133 | €11,246 | €24,817 | +€13,570 | +121% |
| Profit (loss) carried forward | 14 | €13,117 | €13,117 | = | 0.0% |
| Amounts payable | 17/49 | €69,480 | €78,881 | +€9,401 | +13.5% |
| Amounts payable after more than one year | 17 | €9,000 | €9,000 | = | 0.0% |
| Financial debts | 170/4 | €9,000 | €9,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €60,480 | €69,881 | +€9,401 | +15.5% |
| Trade debts | 44 | €23,132 | €17,471 | -€5,660 | -24.5% |
| Suppliers | 440/4 | €23,132 | €17,471 | -€5,660 | -24.5% |
| Taxes, remuneration and social security | 45 | €12,348 | €27,410 | +€15,061 | +122% |
| Taxes | 450/3 | €373 | €8,580 | +€8,207 | +2,200% |
| Remuneration and social security | 454/9 | €11,975 | €18,830 | +€6,854 | +57.2% |
| Other amounts payable | 47/48 | €25,000 | €25,000 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €80,168 | €68,758 | -€11,410 | -14.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,826 | €5,430 | -€396 | -6.8% |
| Other operating charges | 640/8 | €4,094 | €1,797 | -€2,298 | -56.1% |
| Non-recurring operating charges | 66A | €531 | - | -€531 | |
| Gross operating margin | 9900 | €119,570 | €121,825 | +€2,255 | +1.9% |
| Operating profit (loss) | 9901 | €28,951 | €45,840 | +€16,889 | +58.3% |
| Financial income | 75/76B | €1,539 | €2,569 | +€1,030 | +66.9% |
| Recurring financial income | 75 | €1,539 | €2,569 | +€1,030 | +66.9% |
| Financial charges | 65/66B | €1,885 | €1,901 | +€16 | +0.8% |
| Recurring financial charges | 65 | €1,885 | €1,901 | +€16 | +0.8% |
| Profit (loss) for the period before taxes | 9903 | €28,605 | €46,507 | +€17,903 | +62.6% |
| Income taxes | 67/77 | €1,555 | €7,937 | +€6,382 | +410% |
| Profit (loss) for the period | 9904 | €27,050 | €38,570 | +€11,521 | +42.6% |
| Profit (loss) for the period to be appropriated | 9905 | €27,050 | €38,570 | +€11,521 | +42.6% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 October 2026 via checked.be.