EMOLIQUIDS: 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.
EMOLIQUIDS
Largest movements
- Receivables within one year -€81,204
down €81,204 (-34.7%), from €233,757 to €152,553
of which Other amounts receivable: -€79,354
- Stocks and contracts -€20,610
down €20,610 (-12.6%), from €162,958 to €142,348
- Deferred charges and accrued income -€9,018
down €9,018 (-43.9%), from €20,531 to €11,513
- Other debts -€82,697
down €82,697 (-97.2%), from €85,050 to €2,353
- Profit (loss) carried forward -€32,875
down €32,875, from €32,813 to -€62
- Tax, wage and social debts -€12,215
down €12,215 (-15.9%), from €76,699 to €64,484
of which Taxes: -€24,740
- Trade debts +€6,418
up €6,418 (+11.6%), from €55,143 to €61,560
- Staff costs +€51,556
up €51,556 (+43.0%), from €120,001 to €171,557
- Taxes -€23,385
down €23,385 (-95.5%), from €24,495 to €1,110
- Depreciation +€14,768
up €14,768 (+26.6%), from €55,605 to €70,373
- Write-downs +€12,996
new in 2025: €12,996
- Gross operating margin -€12,415
down €12,415 (-5.2%), from €239,490 to €227,075
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.
Cash bridge derived
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 | €585,366 | €463,997 | -€121,370 | -20.7% |
| Fixed assets | 21/28 | €83,826 | €78,239 | -€5,587 | -6.7% |
| Tangible fixed assets | 22/27 | €81,113 | €75,525 | -€5,587 | -6.9% |
| Plant, machinery and equipment | 23 | €64,097 | €62,431 | -€1,667 | -2.6% |
| Furniture and vehicles | 24 | €15,960 | €10,540 | -€5,420 | -34.0% |
| Other tangible fixed assets | 26 | €1,055 | €2,554 | +€1,499 | +142.1% |
| Financial fixed assets | 28 | €2,713 | €2,713 | = | 0.0% |
| Current assets | 29/58 | €501,541 | €385,758 | -€115,782 | -23.1% |
| Stocks and contracts in progress | 3 | €162,958 | €142,348 | -€20,610 | -12.6% |
| Stocks | 30/36 | €162,958 | €142,348 | -€20,610 | -12.6% |
| Amounts receivable within one year | 40/41 | €233,757 | €152,553 | -€81,204 | -34.7% |
| Trade receivables | 40 | €140,292 | €138,442 | -€1,850 | -1.3% |
| Other amounts receivable | 41 | €93,465 | €14,111 | -€79,354 | -84.9% |
| Cash at bank and in hand | 54/58 | €84,294 | €79,344 | -€4,950 | -5.9% |
| Deferred charges and accrued income | 490/1 | €20,531 | €11,513 | -€9,018 | -43.9% |
| Total equity and liabilities | 10/49 | €585,366 | €463,997 | -€121,370 | -20.7% |
| Equity | 10/15 | €368,475 | €335,600 | -€32,875 | -8.9% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €325,662 | €325,662 | = | 0.0% |
| 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 | €323,802 | €323,802 | = | 0.0% |
| Profit (loss) carried forward | 14 | €32,813 | -€62 | -€32,875 | |
| Amounts payable | 17/49 | €216,892 | €128,397 | -€88,495 | -40.8% |
| Amounts payable within one year | 42/48 | €216,892 | €128,397 | -€88,495 | -40.8% |
| Trade debts | 44 | €55,143 | €61,560 | +€6,418 | +11.6% |
| Suppliers | 440/4 | €55,143 | €61,560 | +€6,418 | +11.6% |
| Taxes, remuneration and social security | 45 | €76,699 | €64,484 | -€12,215 | -15.9% |
| Taxes | 450/3 | €68,646 | €43,906 | -€24,740 | -36.0% |
| Remuneration and social security | 454/9 | €8,053 | €20,578 | +€12,525 | +155.5% |
| Other amounts payable | 47/48 | €85,050 | €2,353 | -€82,697 | -97.2% |
| Remuneration, social security and pensions | 62 | €120,001 | €171,557 | +€51,556 | +43.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €55,605 | €70,373 | +€14,768 | +26.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €12,996 | +€12,996 | |
| Other operating charges | 640/8 | €915 | €8,906 | +€7,991 | +873.7% |
| Gross operating margin | 9900 | €239,490 | €227,075 | -€12,415 | -5.2% |
| Operating profit (loss) | 9901 | €62,969 | -€36,758 | -€99,727 | |
| Financial income | 75/76B | €15,973 | €9,322 | -€6,651 | -41.6% |
| Recurring financial income | 75 | €15,973 | €9,322 | -€6,651 | -41.6% |
| Financial charges | 65/66B | €8,999 | €4,329 | -€4,670 | -51.9% |
| Recurring financial charges | 65 | €8,999 | €4,329 | -€4,670 | -51.9% |
| Profit (loss) for the period before taxes | 9903 | €69,943 | -€31,765 | -€101,708 | |
| Income taxes | 67/77 | €24,495 | €1,110 | -€23,385 | -95.5% |
| Profit (loss) for the period | 9904 | €45,449 | -€32,875 | -€78,324 | |
| Profit (loss) for the period to be appropriated | 9905 | €45,449 | -€32,875 | -€78,324 |
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 12 October 2026 via checked.be.