Emmy's: 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.
Emmy's
Largest movements
- Tangible fixed assets -€12,602
no longer reported in 2024 (was €12,602)
of which Plant, machinery and equipment: -€7,020
- Cash -€3,633
no longer reported in 2024 (was €3,633)
mainly Trade debts (-€18,058) and Debts after one year (-€12,345)
- Receivables within one year +€3,463
up €3,463 (+23.9%), from €14,480 to €17,943
of which Trade receivables: +€5,043
- Stocks and contracts -€2,681
no longer reported in 2024 (was €2,681)
- Deferred charges and accrued income +€2,385
up €2,385 (+9.1%), from €26,203 to €28,587
- Trade debts -€18,058
down €18,058 (-82.2%), from €21,966 to €3,908
- Debts after one year -€12,345
down €12,345 (-24.7%), from €50,000 to €37,655
- Short-term financial debts +€7,638
new in 2024: €7,638
- Other debts +€4,735
up €4,735 (+31.2%), from €15,200 to €19,935
- Current portion of long-term debt +€3,139
up €3,139 (+159%), from €1,979 to €5,118
- Gross operating margin +€4,798
up €4,798 (+51.7%), from €9,275 to €14,073
- Other operating charges -€1,090
down €1,090 (-66.8%), from €1,630 to €541
- Financial charges +€979
up €979 (+24.9%), from €3,932 to €4,911
of which Non-recurring financial charges: +€4,001
- Depreciation -€710
down €710 (-7.6%), from €9,311 to €8,600
- Staff costs -€480
no longer reported in 2024 (was €480)
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 | €59,799 | €46,730 | -€13,068 | -21.9% |
| Fixed assets | 21/28 | €12,802 | €200 | -€12,602 | -98.4% |
| Tangible fixed assets | 22/27 | €12,602 | - | -€12,602 | |
| Plant, machinery and equipment | 23 | €7,020 | - | -€7,020 | |
| Other tangible fixed assets | 26 | €5,582 | - | -€5,582 | |
| Financial fixed assets | 28 | €200 | €200 | = | 0.0% |
| Current assets | 29/58 | €46,997 | €46,530 | -€467 | -1.0% |
| Stocks and contracts in progress | 3 | €2,681 | - | -€2,681 | |
| Stocks | 30/36 | €2,681 | - | -€2,681 | |
| Amounts receivable within one year | 40/41 | €14,480 | €17,943 | +€3,463 | +23.9% |
| Trade receivables | 40 | €12,112 | €17,154 | +€5,043 | +41.6% |
| Other amounts receivable | 41 | €2,368 | €788 | -€1,580 | -66.7% |
| Cash at bank and in hand | 54/58 | €3,633 | - | -€3,633 | |
| Deferred charges and accrued income | 490/1 | €26,203 | €28,587 | +€2,385 | +9.1% |
| Total equity and liabilities | 10/49 | €59,799 | €46,730 | -€13,068 | -21.9% |
| Equity | 10/15 | -€29,356 | -€29,333 | +€22 | +0.1% |
| Contributions | 10/11 | €53,550 | €53,550 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€82,906 | -€82,883 | +€22 | 0.0% |
| Amounts payable | 17/49 | €89,154 | €76,063 | -€13,091 | -14.7% |
| Amounts payable after more than one year | 17 | €50,000 | €37,655 | -€12,345 | -24.7% |
| Financial debts | 170/4 | €50,000 | €37,655 | -€12,345 | -24.7% |
| Amounts payable within one year | 42/48 | €39,154 | €38,408 | -€746 | -1.9% |
| Current portion of amounts payable after more than one year | 42 | €1,979 | €5,118 | +€3,139 | +159% |
| Financial debts | 43 | - | €7,638 | +€7,638 | |
| Credit institutions | 430/8 | - | €7,638 | +€7,638 | |
| Trade debts | 44 | €21,966 | €3,908 | -€18,058 | -82.2% |
| Suppliers | 440/4 | €21,966 | €3,908 | -€18,058 | -82.2% |
| Taxes, remuneration and social security | 45 | €10 | €1,810 | +€1,800 | +18,463% |
| Taxes | 450/3 | €10 | €1,810 | +€1,800 | +18,463% |
| Other amounts payable | 47/48 | €15,200 | €19,935 | +€4,735 | +31.2% |
| Remuneration, social security and pensions | 62 | €480 | - | -€480 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,311 | €8,600 | -€710 | -7.6% |
| Other operating charges | 640/8 | €1,630 | €541 | -€1,090 | -66.8% |
| Gross operating margin | 9900 | €9,275 | €14,073 | +€4,798 | +51.7% |
| Operating profit (loss) | 9901 | -€2,145 | €4,932 | +€7,077 | |
| Financial income | 75/76B | €369 | €1 | -€368 | -99.7% |
| Recurring financial income | 75 | €369 | €1 | -€368 | -99.7% |
| Financial charges | 65/66B | €3,932 | €4,911 | +€979 | +24.9% |
| Recurring financial charges | 65 | €3,932 | €909 | -€3,022 | -76.9% |
| Non-recurring financial charges | 66B | - | €4,001 | +€4,001 | |
| Profit (loss) for the period before taxes | 9903 | -€5,708 | €22 | +€5,730 | |
| Profit (loss) for the period | 9904 | -€5,708 | €22 | +€5,730 | |
| Profit (loss) for the period to be appropriated | 9905 | -€5,708 | €22 | +€5,730 |
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 22 October 2026 via checked.be.