EMMARIA: 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.
EMMARIA
Largest movements
- Tangible fixed assets -€6,957
down €6,957 (-57.3%), from €12,139 to €5,182
of which Furniture and vehicles: -€6,769
- Intangible fixed assets -€2,600
down €2,600 (-21.8%), from €11,910 to €9,310
- Stocks and contracts -€2,443
down €2,443 (-36.6%), from €6,669 to €4,226
- Cash -€991
down €991 (-7.8%), from €12,643 to €11,652
mainly Contributions, distributions and other (-€25,000) and Trade debts (-€8,317)
- Deferred charges and accrued income +€877
up €877 (+26.5%), from €3,313 to €4,191
- Other debts +€22,486
up €22,486 (+633.5%), from €3,549 to €26,036
- Profit (loss) carried forward -€18,859
down €18,859 (-96.1%), from €19,625 to €766
- Trade debts -€8,317
down €8,317 (-85.5%), from €9,728 to €1,411
- Current portion of long-term debt -€4,829
down €4,829 (-88.6%), from €5,450 to €621
- Tax, wage and social debts -€2,663
down €2,663 (-69.5%), from €3,830 to €1,166
- Gross operating margin +€11,478
up €11,478 (+127.1%), from €9,032 to €20,510
- Taxes +€2,788
up €2,788 (+295.2%), from €944 to €3,732
- Staff costs -€1,749
no longer reported in 2025 (was €1,749)
- Depreciation -€388
down €388 (-3.9%), from €9,946 to €9,557
- Financial charges -€223
down €223 (-25.3%), from €881 to €658
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 | €53,473 | €41,140 | -€12,333 | -23.1% |
| Fixed assets | 21/28 | €27,324 | €17,767 | -€9,557 | -35.0% |
| Intangible fixed assets | 21 | €11,910 | €9,310 | -€2,600 | -21.8% |
| Tangible fixed assets | 22/27 | €12,139 | €5,182 | -€6,957 | -57.3% |
| Furniture and vehicles | 24 | €10,293 | €3,524 | -€6,769 | -65.8% |
| Other tangible fixed assets | 26 | €1,846 | €1,658 | -€189 | -10.2% |
| Financial fixed assets | 28 | €3,275 | €3,275 | = | 0.0% |
| Current assets | 29/58 | €26,149 | €23,373 | -€2,776 | -10.6% |
| Stocks and contracts in progress | 3 | €6,669 | €4,226 | -€2,443 | -36.6% |
| Stocks | 30/36 | €6,669 | €4,226 | -€2,443 | -36.6% |
| Amounts receivable within one year | 40/41 | €3,524 | €3,304 | -€220 | -6.2% |
| Trade receivables | 40 | €1,713 | €231 | -€1,483 | -86.5% |
| Other amounts receivable | 41 | €1,811 | €3,074 | +€1,263 | +69.8% |
| Cash at bank and in hand | 54/58 | €12,643 | €11,652 | -€991 | -7.8% |
| Deferred charges and accrued income | 490/1 | €3,313 | €4,191 | +€877 | +26.5% |
| Total equity and liabilities | 10/49 | €53,473 | €41,140 | -€12,333 | -23.1% |
| Equity | 10/15 | €29,625 | €10,766 | -€18,859 | -63.7% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €19,625 | €766 | -€18,859 | -96.1% |
| Amounts payable | 17/49 | €23,848 | €30,374 | +€6,526 | +27.4% |
| Amounts payable after more than one year | 17 | €621 | - | -€621 | |
| Financial debts | 170/4 | €621 | - | -€621 | |
| Amounts payable within one year | 42/48 | €22,557 | €29,234 | +€6,676 | +29.6% |
| Current portion of amounts payable after more than one year | 42 | €5,450 | €621 | -€4,829 | -88.6% |
| Trade debts | 44 | €9,728 | €1,411 | -€8,317 | -85.5% |
| Suppliers | 440/4 | €9,728 | €1,411 | -€8,317 | -85.5% |
| Taxes, remuneration and social security | 45 | €3,830 | €1,166 | -€2,663 | -69.5% |
| Taxes | 450/3 | €3,830 | €1,166 | -€2,663 | -69.5% |
| Other amounts payable | 47/48 | €3,549 | €26,036 | +€22,486 | +633.5% |
| Accrued charges and deferred income | 492/3 | €670 | €1,140 | +€470 | +70.2% |
| Remuneration, social security and pensions | 62 | €1,749 | - | -€1,749 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,946 | €9,557 | -€388 | -3.9% |
| Other operating charges | 640/8 | €498 | €426 | -€71 | -14.3% |
| Gross operating margin | 9900 | €9,032 | €20,510 | +€11,478 | +127.1% |
| Operating profit (loss) | 9901 | -€3,160 | €10,526 | +€13,686 | |
| Financial income | 75/76B | €55 | €4 | -€50 | -91.9% |
| Recurring financial income | 75 | €55 | €4 | -€50 | -91.9% |
| Financial charges | 65/66B | €881 | €658 | -€223 | -25.3% |
| Recurring financial charges | 65 | €881 | €658 | -€223 | -25.3% |
| Profit (loss) for the period before taxes | 9903 | -€3,986 | €9,873 | +€13,859 | |
| Income taxes | 67/77 | €944 | €3,732 | +€2,788 | +295.2% |
| Profit (loss) for the period | 9904 | -€4,930 | €6,141 | +€11,071 | |
| Profit (loss) for the period to be appropriated | 9905 | -€4,930 | €6,141 | +€11,071 |
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 8 October 2026 via checked.be.