EMMIT: 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.
EMMIT
Largest movements
- Tangible fixed assets +€36,441
up €36,441 (+7.0%), from €523,684 to €560,125
of which Furniture and vehicles: +€63,723
- Receivables within one year +€23,077
up €23,077 (+19648.4%), from €117 to €23,195
- Cash +€10,978
new in 2024: €10,978
mainly Other debts (+€42,074) and Depreciation (+€36,981)
- Other debts +€42,074
up €42,074 (+107.2%), from €39,259 to €81,333
- Trade debts +€18,132
up €18,132 (+121.6%), from €14,913 to €33,045
- Current portion of long-term debt +€10,528
up €10,528 (+33.3%), from €31,583 to €42,111
- Debts after one year +€10,019
up €10,019 (+2.6%), from €392,871 to €402,890
- Accrued charges and deferred income -€6,504
no longer reported in 2024 (was €6,504)
- Depreciation +€7,021
up €7,021 (+23.4%), from €29,960 to €36,981
- Gross operating margin -€6,010
down €6,010 (-8.3%), from €72,671 to €66,661
- Other operating charges +€3,292
up €3,292 (+57.0%), from €5,781 to €9,073
- Financial charges +€2,761
up €2,761 (+19.3%), from €14,274 to €17,034
- Taxes +€931
up €931 (+401.1%), from €232 to €1,163
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.
Cash bridge derived
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 | €524,486 | €597,404 | +€72,919 | +13.9% |
| Fixed assets | 21/28 | €523,684 | €560,125 | +€36,441 | +7.0% |
| Tangible fixed assets | 22/27 | €523,684 | €560,125 | +€36,441 | +7.0% |
| Land and buildings | 22 | €523,684 | €495,384 | -€28,300 | -5.4% |
| Plant, machinery and equipment | 23 | - | €1,018 | +€1,018 | |
| Furniture and vehicles | 24 | - | €63,723 | +€63,723 | |
| Current assets | 29/58 | €802 | €37,279 | +€36,478 | +4550.8% |
| Stocks and contracts in progress | 3 | €500 | €2,392 | +€1,892 | +378.5% |
| Stocks | 30/36 | €500 | €2,392 | +€1,892 | +378.5% |
| Amounts receivable within one year | 40/41 | €117 | €23,195 | +€23,077 | +19648.4% |
| Trade receivables | 40 | €117 | €23,195 | +€23,077 | +19648.4% |
| Cash at bank and in hand | 54/58 | - | €10,978 | +€10,978 | |
| Deferred charges and accrued income | 490/1 | €184 | €714 | +€530 | +287.7% |
| Total equity and liabilities | 10/49 | €524,486 | €597,404 | +€72,919 | +13.9% |
| Equity | 10/15 | €32,929 | €35,339 | +€2,410 | +7.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €14,329 | €16,739 | +€2,410 | +16.8% |
| Distributable reserves | 133 | €14,329 | €16,739 | +€2,410 | +16.8% |
| Amounts payable | 17/49 | €491,557 | €562,066 | +€70,509 | +14.3% |
| Amounts payable after more than one year | 17 | €392,871 | €402,890 | +€10,019 | +2.6% |
| Financial debts | 170/4 | €392,871 | €402,890 | +€10,019 | +2.6% |
| Amounts payable within one year | 42/48 | €92,182 | €159,175 | +€66,994 | +72.7% |
| Current portion of amounts payable after more than one year | 42 | €31,583 | €42,111 | +€10,528 | +33.3% |
| Financial debts | 43 | €2,667 | - | -€2,667 | |
| Credit institutions | 430/8 | €2,667 | - | -€2,667 | |
| Trade debts | 44 | €14,913 | €33,045 | +€18,132 | +121.6% |
| Suppliers | 440/4 | €14,913 | €33,045 | +€18,132 | +121.6% |
| Taxes, remuneration and social security | 45 | €3,760 | €2,687 | -€1,072 | -28.5% |
| Taxes | 450/3 | €3,760 | €2,687 | -€1,072 | -28.5% |
| Other amounts payable | 47/48 | €39,259 | €81,333 | +€42,074 | +107.2% |
| Accrued charges and deferred income | 492/3 | €6,504 | - | -€6,504 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29,960 | €36,981 | +€7,021 | +23.4% |
| Other operating charges | 640/8 | €5,781 | €9,073 | +€3,292 | +57.0% |
| Gross operating margin | 9900 | €72,671 | €66,661 | -€6,010 | -8.3% |
| Operating profit (loss) | 9901 | €36,931 | €20,608 | -€16,323 | -44.2% |
| Financial charges | 65/66B | €14,274 | €17,034 | +€2,761 | +19.3% |
| Recurring financial charges | 65 | €14,274 | €17,034 | +€2,761 | +19.3% |
| Profit (loss) for the period before taxes | 9903 | €22,657 | €3,573 | -€19,084 | -84.2% |
| Income taxes | 67/77 | €232 | €1,163 | +€931 | +401.1% |
| Profit (loss) for the period | 9904 | €22,425 | €2,410 | -€20,015 | -89.3% |
| Profit (loss) for the period to be appropriated | 9905 | €22,425 | €2,410 | -€20,015 | -89.3% |
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 10 October 2026 via checked.be.