EmNi: 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.
EmNi
Largest movements
- Tangible fixed assets +€88,594
up €88,594 (+105.1%), from €84,331 to €172,925
of which Furniture and vehicles: +€91,689
- Receivables within one year +€6,880
up €6,880 (+19.4%), from €35,534 to €42,414
- Debts after one year +€119,140
up €119,140 (+394.2%), from €30,225 to €149,364
- Other debts -€30,895
down €30,895 (-83.9%), from €36,813 to €5,918
- Advances received +€6,435
up €6,435 (+563.4%), from €1,142 to €7,577
- Trade debts +€5,069
up €5,069 (+38.5%), from €13,180 to €18,249
- Tax, wage and social debts -€2,540
down €2,540 (-15.8%), from €16,055 to €13,515
of which Taxes: -€3,200
- Gross operating margin +€21,537
up €21,537 (+118.8%), from €18,125 to €39,662
- Depreciation +€19,552
up €19,552 (+295.0%), from €6,629 to €26,181
- Other operating charges +€6,243
up €6,243 (+346.6%), from €1,801 to €8,044
- Financial charges +€3,602
up €3,602 (+167.9%), from €2,145 to €5,747
- Taxes -€1,928
down €1,928 (-63.2%), from €3,052 to €1,124
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 | €122,921 | €218,216 | +€95,295 | +77.5% |
| Fixed assets | 21/28 | €84,331 | €172,925 | +€88,594 | +105.1% |
| Tangible fixed assets | 22/27 | €84,331 | €172,925 | +€88,594 | +105.1% |
| Furniture and vehicles | 24 | €43,088 | €134,777 | +€91,689 | +212.8% |
| Other tangible fixed assets | 26 | €41,243 | €38,148 | -€3,094 | -7.5% |
| Current assets | 29/58 | €38,590 | €45,290 | +€6,701 | +17.4% |
| Amounts receivable within one year | 40/41 | €35,534 | €42,414 | +€6,880 | +19.4% |
| Trade receivables | 40 | €35,534 | €42,414 | +€6,880 | +19.4% |
| Cash at bank and in hand | 54/58 | €3,056 | €2,876 | -€179 | -5.9% |
| Total equity and liabilities | 10/49 | €122,921 | €218,216 | +€95,295 | +77.5% |
| Equity | 10/15 | €15,998 | €13,803 | -€2,195 | -13.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €9,798 | €7,603 | -€2,195 | -22.4% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €7,938 | €5,743 | -€2,195 | -27.7% |
| Amounts payable | 17/49 | €106,923 | €204,413 | +€97,490 | +91.2% |
| Amounts payable after more than one year | 17 | €30,225 | €149,364 | +€119,140 | +394.2% |
| Financial debts | 170/4 | €30,225 | €149,364 | +€119,140 | +394.2% |
| Amounts payable within one year | 42/48 | €76,698 | €55,049 | -€21,650 | -28.2% |
| Current portion of amounts payable after more than one year | 42 | €9,507 | €9,790 | +€282 | +3.0% |
| Trade debts | 44 | €13,180 | €18,249 | +€5,069 | +38.5% |
| Suppliers | 440/4 | €13,180 | €18,249 | +€5,069 | +38.5% |
| Advances received on contracts in progress | 46 | €1,142 | €7,577 | +€6,435 | +563.4% |
| Taxes, remuneration and social security | 45 | €16,055 | €13,515 | -€2,540 | -15.8% |
| Taxes | 450/3 | €16,055 | €12,855 | -€3,200 | -19.9% |
| Remuneration and social security | 454/9 | - | €660 | +€660 | |
| Other amounts payable | 47/48 | €36,813 | €5,918 | -€30,895 | -83.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,629 | €26,181 | +€19,552 | +295.0% |
| Other operating charges | 640/8 | €1,801 | €8,044 | +€6,243 | +346.6% |
| Non-recurring operating charges | 66A | - | €760 | +€760 | |
| Gross operating margin | 9900 | €18,125 | €39,662 | +€21,537 | +118.8% |
| Operating profit (loss) | 9901 | €9,695 | €4,676 | -€5,019 | -51.8% |
| Financial income | 75/76B | €31 | - | -€31 | |
| Recurring financial income | 75 | €31 | - | -€31 | |
| Financial charges | 65/66B | €2,145 | €5,747 | +€3,602 | +167.9% |
| Recurring financial charges | 65 | €2,145 | €5,747 | +€3,602 | +167.9% |
| Profit (loss) for the period before taxes | 9903 | €7,581 | -€1,071 | -€8,652 | |
| Income taxes | 67/77 | €3,052 | €1,124 | -€1,928 | -63.2% |
| Profit (loss) for the period | 9904 | €4,529 | -€2,195 | -€6,724 | |
| Profit (loss) for the period to be appropriated | 9905 | €4,529 | -€2,195 | -€6,724 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.