emmeco: 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.
emmeco
Largest movements
- Cash -€49,439
down €49,439 (-65.4%), from €75,631 to €26,192
mainly Net result for the year (-€49,617) and Other debts (-€18,700)
- Receivables within one year +€6,424
up €6,424 (+19.5%), from €32,878 to €39,302
of which Other amounts receivable: +€3,841
- Deferred charges and accrued income +€4,792
up €4,792 (+122%), from €3,926 to €8,718
- Profit (loss) carried forward -€44,529
down €44,529, from €0 to -€44,529
- Debts after one year +€30,000
new in 2025: €30,000
- Other debts -€18,700
down €18,700 (-95.1%), from €19,659 to €959
- Reserves -€5,089
down €5,089 (-5.5%), from €92,623 to €87,535
- Tax, wage and social debts -€1,752
down €1,752 (-98.5%), from €1,780 to €28
- Gross operating margin -€73,230
down €73,230, from €27,733 to -€45,497
- Taxes -€6,201
down €6,201 (-100%), from €6,201 to €0
- Other operating charges -€1,131
down €1,131 (-42.7%), from €2,648 to €1,517
- Depreciation +€570
up €570 (+37.5%), from €1,521 to €2,091
- Financial charges +€522
up €522 (+191%), from €273 to €795
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 | €114,937 | €76,220 | -€38,717 | -33.7% |
| Fixed assets | 21/28 | €2,501 | €1,708 | -€793 | -31.7% |
| Tangible fixed assets | 22/27 | €2,501 | €1,708 | -€793 | -31.7% |
| Plant, machinery and equipment | 23 | - | €1,240 | +€1,240 | |
| Furniture and vehicles | 24 | €2,378 | €468 | -€1,909 | -80.3% |
| Other tangible fixed assets | 26 | €123 | €0 | -€123 | -100% |
| Current assets | 29/58 | €112,436 | €74,512 | -€37,924 | -33.7% |
| Stocks and contracts in progress | 3 | - | €300 | +€300 | |
| Stocks | 30/36 | - | €300 | +€300 | |
| Amounts receivable within one year | 40/41 | €32,878 | €39,302 | +€6,424 | +19.5% |
| Trade receivables | 40 | €30,572 | €33,155 | +€2,583 | +8.4% |
| Other amounts receivable | 41 | €2,306 | €6,147 | +€3,841 | +167% |
| Cash at bank and in hand | 54/58 | €75,631 | €26,192 | -€49,439 | -65.4% |
| Deferred charges and accrued income | 490/1 | €3,926 | €8,718 | +€4,792 | +122% |
| Total equity and liabilities | 10/49 | €114,937 | €76,220 | -€38,717 | -33.7% |
| Equity | 10/15 | €92,623 | €43,006 | -€49,617 | -53.6% |
| Reserves | 13 | €92,623 | €87,535 | -€5,089 | -5.5% |
| Distributable reserves | 133 | €92,623 | €87,535 | -€5,089 | -5.5% |
| Profit (loss) carried forward | 14 | €0 | -€44,529 | -€44,529 | |
| Amounts payable | 17/49 | €22,313 | €33,214 | +€10,901 | +48.9% |
| Amounts payable after more than one year | 17 | - | €30,000 | +€30,000 | |
| Financial debts | 170/4 | - | €30,000 | +€30,000 | |
| Amounts payable within one year | 42/48 | €21,920 | €3,214 | -€18,706 | -85.3% |
| Trade debts | 44 | €482 | €2,227 | +€1,746 | +362% |
| Suppliers | 440/4 | €482 | €2,227 | +€1,746 | +362% |
| Taxes, remuneration and social security | 45 | €1,780 | €28 | -€1,752 | -98.5% |
| Taxes | 450/3 | €1,780 | €28 | -€1,752 | -98.5% |
| Other amounts payable | 47/48 | €19,659 | €959 | -€18,700 | -95.1% |
| Accrued charges and deferred income | 492/3 | €393 | €0 | -€393 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,521 | €2,091 | +€570 | +37.5% |
| Other operating charges | 640/8 | €2,648 | €1,517 | -€1,131 | -42.7% |
| Gross operating margin | 9900 | €27,733 | -€45,497 | -€73,230 | |
| Operating profit (loss) | 9901 | €23,565 | -€49,105 | -€72,669 | |
| Financial income | 75/76B | €423 | €282 | -€142 | -33.4% |
| Recurring financial income | 75 | €423 | €282 | -€142 | -33.4% |
| Financial charges | 65/66B | €273 | €795 | +€522 | +191% |
| Recurring financial charges | 65 | €273 | €795 | +€522 | +191% |
| Profit (loss) for the period before taxes | 9903 | €23,715 | -€49,617 | -€73,333 | |
| Income taxes | 67/77 | €6,201 | €0 | -€6,201 | -100% |
| Profit (loss) for the period | 9904 | €17,514 | -€49,617 | -€67,132 | |
| Profit (loss) for the period to be appropriated | 9905 | €17,514 | -€49,617 | -€67,132 |
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 18 October 2026 via checked.be.