EMNOS: 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.
EMNOS
Largest movements
- Receivables after one year +€4.1m
new in 2025: €4.1m
- Receivables within one year -€4.1m
down €4.1m (-100%), from €4.1m to €0
No liability line moved by more than 1% of the balance sheet total.
- Financial charges -€40,605
down €40,605 (-29.9%), from €135,919 to €95,314
- Gross operating margin -€11,441
down €11,441 (-83.2%), from -€13,758 to -€25,199
- Financial income +€298
up €298 (+0.1%), from €530,161 to €530,459
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 | €55,388,045 | €55,451,714 | +€63,669 | +0.1% |
| Fixed assets | 21/28 | €51,309,145 | €51,309,145 | = | 0.0% |
| Financial fixed assets | 28 | €51,309,145 | €51,309,145 | = | 0.0% |
| Current assets | 29/58 | €4,078,900 | €4,142,569 | +€63,669 | +1.6% |
| Amounts receivable after more than one year | 29 | - | €4,138,520 | +€4.1m | |
| Other amounts receivable | 291 | - | €4,138,520 | +€4.1m | |
| Amounts receivable within one year | 40/41 | €4,072,061 | €0 | -€4.1m | -100% |
| Other amounts receivable | 41 | €4,072,061 | €0 | -€4.1m | -100% |
| Cash at bank and in hand | 54/58 | €6,839 | €4,049 | -€2,790 | -40.8% |
| Total equity and liabilities | 10/49 | €55,388,045 | €55,451,714 | +€63,669 | +0.1% |
| Equity | 10/15 | €52,820,831 | €53,229,779 | +€408,947 | +0.8% |
| Contributions | 10/11 | €51,310,600 | €51,310,600 | = | 0.0% |
| Reserves | 13 | €1,510,231 | €1,919,179 | +€408,947 | +27.1% |
| Distributable reserves | 133 | €1,510,231 | €1,919,179 | +€408,947 | +27.1% |
| Amounts payable | 17/49 | €2,567,214 | €2,221,936 | -€345,278 | -13.4% |
| Amounts payable within one year | 42/48 | €2,567,214 | €2,221,936 | -€345,278 | -13.4% |
| Trade debts | 44 | €605 | €15,280 | +€14,675 | +2,426% |
| Suppliers | 440/4 | €605 | €15,280 | +€14,675 | +2,426% |
| Other amounts payable | 47/48 | €2,566,609 | €2,206,656 | -€359,953 | -14.0% |
| Other operating charges | 640/8 | €968 | €998 | +€31 | +3.2% |
| Gross operating margin | 9900 | -€13,758 | -€25,199 | -€11,441 | -83.2% |
| Operating profit (loss) | 9901 | -€14,726 | -€26,197 | -€11,472 | -77.9% |
| Financial income | 75/76B | €530,161 | €530,459 | +€298 | +0.1% |
| Recurring financial income | 75 | €530,161 | €530,459 | +€298 | +0.1% |
| Financial charges | 65/66B | €135,919 | €95,314 | -€40,605 | -29.9% |
| Recurring financial charges | 65 | €135,919 | €95,314 | -€40,605 | -29.9% |
| Profit (loss) for the period before taxes | 9903 | €379,516 | €408,947 | +€29,431 | +7.8% |
| Profit (loss) for the period | 9904 | €379,516 | €408,947 | +€29,431 | +7.8% |
| Profit (loss) for the period to be appropriated | 9905 | €379,516 | €408,947 | +€29,431 | +7.8% |
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 13 October 2026 via checked.be.