EMME: 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.
EMME
Largest movements
- Tangible fixed assets +€377,111
up €377,111 (+64.5%), from €585,017 to €962,127
of which Land and buildings: +€395,299
- Receivables within one year +€101,373
up €101,373 (+99.1%), from €102,337 to €203,711
of which Other amounts receivable: +€101,703
- Financial fixed assets +€69,000
up €69,000 (+68.8%), from €100,300 to €169,300
- Cash +€21,143
up €21,143 (+58.3%), from €36,285 to €57,427
mainly Debts after one year (+€309,529) and Net result for the year (+€205,529)
- Debts after one year +€309,529
up €309,529 (+73.4%), from €421,793 to €731,321
of which Financial debts: +€306,829
- Reserves +€125,529
up €125,529 (+43.6%), from €287,779 to €413,309
- Short-term financial debts +€65,818
up €65,818 (+183.8%), from €35,811 to €101,629
- Other debts +€52,826
up €52,826 (+155.7%), from €33,939 to €86,765
- Current portion of long-term debt +€14,618
up €14,618 (+43.7%), from €33,431 to €48,049
- Gross operating margin +€123,752
up €123,752 (+48.6%), from €254,772 to €378,524
- Taxes +€31,489
up €31,489 (+52.1%), from €60,411 to €91,901
- Depreciation +€19,160
up €19,160 (+47.3%), from €40,471 to €59,631
- Financial charges +€6,217
up €6,217 (+55.8%), from €11,140 to €17,357
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 | €830,217 | €1,402,733 | +€572,516 | +69.0% |
| Fixed assets | 21/28 | €685,317 | €1,131,427 | +€446,111 | +65.1% |
| Tangible fixed assets | 22/27 | €585,017 | €962,127 | +€377,111 | +64.5% |
| Land and buildings | 22 | €497,681 | €892,980 | +€395,299 | +79.4% |
| Plant, machinery and equipment | 23 | €778 | €0 | -€778 | -100.0% |
| Furniture and vehicles | 24 | €86,557 | €69,147 | -€17,410 | -20.1% |
| Financial fixed assets | 28 | €100,300 | €169,300 | +€69,000 | +68.8% |
| Current assets | 29/58 | €144,900 | €271,306 | +€126,405 | +87.2% |
| Amounts receivable within one year | 40/41 | €102,337 | €203,711 | +€101,373 | +99.1% |
| Trade receivables | 40 | €330 | €0 | -€330 | -100.0% |
| Other amounts receivable | 41 | €102,007 | €203,711 | +€101,703 | +99.7% |
| Current investments | 50/53 | €5,280 | €5,280 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €36,285 | €57,427 | +€21,143 | +58.3% |
| Deferred charges and accrued income | 490/1 | €998 | €4,887 | +€3,889 | +389.8% |
| Total equity and liabilities | 10/49 | €830,217 | €1,402,733 | +€572,516 | +69.0% |
| Equity | 10/15 | €292,779 | €418,309 | +€125,529 | +42.9% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €287,779 | €413,309 | +€125,529 | +43.6% |
| Distributable reserves | 133 | €287,779 | €413,309 | +€125,529 | +43.6% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €537,438 | €984,425 | +€446,987 | +83.2% |
| Amounts payable after more than one year | 17 | €421,793 | €731,321 | +€309,529 | +73.4% |
| Financial debts | 170/4 | €421,793 | €728,621 | +€306,829 | +72.7% |
| Other amounts payable | 178/9 | €0 | €2,700 | +€2,700 | |
| Amounts payable within one year | 42/48 | €115,555 | €253,103 | +€137,548 | +119.0% |
| Current portion of amounts payable after more than one year | 42 | €33,431 | €48,049 | +€14,618 | +43.7% |
| Financial debts | 43 | €35,811 | €101,629 | +€65,818 | +183.8% |
| Credit institutions | 430/8 | €35,811 | €101,629 | +€65,818 | +183.8% |
| Trade debts | 44 | €754 | €1,449 | +€695 | +92.2% |
| Suppliers | 440/4 | €754 | €1,449 | +€695 | +92.2% |
| Taxes, remuneration and social security | 45 | €11,621 | €15,211 | +€3,591 | +30.9% |
| Taxes | 450/3 | €9,821 | €15,211 | +€5,391 | +54.9% |
| Remuneration and social security | 454/9 | €1,800 | €0 | -€1,800 | -100.0% |
| Other amounts payable | 47/48 | €33,939 | €86,765 | +€52,826 | +155.7% |
| Accrued charges and deferred income | 492/3 | €90 | €0 | -€90 | -100.0% |
| Non-recurring operating income | 76A | €12,270 | €0 | -€12,270 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €40,471 | €59,631 | +€19,160 | +47.3% |
| Other operating charges | 640/8 | €3,847 | €4,196 | +€349 | +9.1% |
| Gross operating margin | 9900 | €254,772 | €378,524 | +€123,752 | +48.6% |
| Operating profit (loss) | 9901 | €210,454 | €314,697 | +€104,243 | +49.5% |
| Financial income | 75/76B | €0 | €90 | +€90 | |
| Recurring financial income | 75 | €0 | €90 | +€90 | |
| Financial charges | 65/66B | €11,140 | €17,357 | +€6,217 | +55.8% |
| Recurring financial charges | 65 | €11,140 | €17,357 | +€6,217 | +55.8% |
| Profit (loss) for the period before taxes | 9903 | €199,314 | €297,430 | +€98,116 | +49.2% |
| Income taxes | 67/77 | €60,411 | €91,901 | +€31,489 | +52.1% |
| Profit (loss) for the period | 9904 | €138,902 | €205,529 | +€66,627 | +48.0% |
| Profit (loss) for the period to be appropriated | 9905 | €138,902 | €205,529 | +€66,627 | +48.0% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.