EMOND: 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.
What changed
EMOND
NACE 46.900, Non-specialised wholesale trade
financial year 2024 compared with 2023filed annual accounts (NBB)
Net result for the year
€9,259
2023 · €47,124-€37,865
Equity
€829,561
2023 · €820,302+€9,259
Cash
€140,073
2023 · €161,661-€21,588
Balance sheet total
€5.9m
2023 · €7.3m-€1.4m
Largest movements
Assets
- Receivables within one year -€1.4m
down €1.4m (-22.4%), from €6.2m to €4.8m
of which Trade receivables: -€770,754
- Stocks and contracts -€78,702
down €78,702 (-11.0%), from €712,530 to €633,828
Equity and liabilities
- Short-term financial debts -€1.3m
down €1.3m (-36.7%), from €3.4m to €2.2m
- Trade debts -€252,762
down €252,762 (-8.6%), from €2.9m to €2.7m
- Other debts +€98,254
new in 2024: €98,254
Income statement
- Turnover +€24.0m
new in 2024: €24.0m
- Goods and materials +€22.8m
new in 2024: €22.8m
of which Purchases: +€22.7m
- Services and other goods +€777,658
new in 2024: €777,658
- Gross operating margin -€340,863
no longer reported in 2024 (was €340,863)
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.
Result 2023
€47,124
Turnover
+€24.0m
Other operating income
+€60,763
Goods and materials
-€22.8m
Services and other goods
-€777,658
Staff costs
-€51,036
Depreciation
-€5,849
Other operating charges
-€5,191
Other operating items
-€340,863
Financial income
+€4,471
Financial charges
-€120,639
Taxes
+€12,903
Result 2024
€9,259
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€1.3m
Investment
-€26,968
Financing
-€1.3m
Cash 2023
€161,661
From operations (derived)
+€1.3m
Net result for the year
+€9,259
Depreciation
+€33,110
Stocks and contracts
+€78,702
Receivables within one year
+€1.4m
Deferred charges and accrued income
-€62,479
Trade debts
-€252,762
Tax, wage and social debts
+€8,618
Advances received
-€553
Other debts
+€98,254
Accrued charges and deferred income
-€29,516
Investment (derived)
-€26,968
Investment in fixed assets (net)
-€26,968
Financing
-€1.3m
Short-term financial debts
-€1.3m
Cash 2024
€140,073
brings cash intakes cash out
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €7,275,442 | €5,852,831 | -€1.4m | -19.6% |
| Fixed assets | 21/28 | €214,286 | €208,144 | -€6,142 | -2.9% |
| Intangible fixed assets | 21 | €109,738 | €98,159 | -€11,580 | -10.6% |
| Tangible fixed assets | 22/27 | €104,547 | €83,017 | -€21,530 | -20.6% |
| Land and buildings | 22 | €60,862 | €56,658 | -€4,203 | -6.9% |
| Furniture and vehicles | 24 | €43,686 | €26,359 | -€17,327 | -39.7% |
| Financial fixed assets | 28 | - | €26,968 | +€26,968 | |
| Other financial fixed assets | 284/8 | - | €26,968 | +€26,968 | |
| Amounts receivable and cash guarantees | 285/8 | - | €26,968 | +€26,968 | |
| Current assets | 29/58 | €7,061,156 | €5,644,687 | -€1.4m | -20.1% |
| Stocks and contracts in progress | 3 | €712,530 | €633,828 | -€78,702 | -11.0% |
| Stocks | 30/36 | €712,530 | €633,828 | -€78,702 | -11.0% |
| Goods purchased for resale | 34 | - | €633,828 | +€633,828 | |
| Amounts receivable within one year | 40/41 | €6,156,187 | €4,777,529 | -€1.4m | -22.4% |
| Trade receivables | 40 | €5,520,271 | €4,749,518 | -€770,754 | -14.0% |
| Other amounts receivable | 41 | €635,916 | €28,012 | -€607,904 | -95.6% |
| Cash at bank and in hand | 54/58 | €161,661 | €140,073 | -€21,588 | -13.4% |
| Deferred charges and accrued income | 490/1 | €30,778 | €93,257 | +€62,479 | +203% |
| Total equity and liabilities | 10/49 | €7,275,442 | €5,852,831 | -€1.4m | -19.6% |
| Equity | 10/15 | €820,302 | €829,561 | +€9,259 | +1.1% |
| Contributions | 10/11 | €183,600 | €183,600 | = | 0.0% |
| Reserves | 13 | €13,860 | €13,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €13,860 | €0 | -€13,860 | -100% |
| Reserves not available under the articles | 1311 | €13,860 | €0 | -€13,860 | -100% |
| Distributable reserves | 133 | - | €13,860 | +€13,860 | |
| Profit (loss) carried forward | 14 | €622,842 | €632,101 | +€9,259 | +1.5% |
| Amounts payable | 17/49 | €6,455,139 | €5,023,270 | -€1.4m | -22.2% |
| Amounts payable within one year | 42/48 | €6,388,598 | €4,986,245 | -€1.4m | -22.0% |
| Financial debts | 43 | €3,422,825 | €2,166,915 | -€1.3m | -36.7% |
| Credit institutions | 430/8 | €3,422,825 | €2,166,915 | -€1.3m | -36.7% |
| Trade debts | 44 | €2,929,686 | €2,676,924 | -€252,762 | -8.6% |
| Suppliers | 440/4 | €2,929,686 | €2,676,924 | -€252,762 | -8.6% |
| Advances received on contracts in progress | 46 | €33,656 | €33,103 | -€553 | -1.6% |
| Taxes, remuneration and social security | 45 | €2,430 | €11,048 | +€8,618 | +355% |
| Taxes | 450/3 | €57 | €2,910 | +€2,852 | +4,990% |
| Remuneration and social security | 454/9 | €2,373 | €8,138 | +€5,765 | +243% |
| Other amounts payable | 47/48 | - | €98,254 | +€98,254 | |
| Accrued charges and deferred income | 492/3 | €66,541 | €37,025 | -€29,516 | -44.4% |
| Operating income | 70/76A | - | €24,067,342 | +€24.1m | |
| Turnover | 70 | - | €24,006,579 | +€24.0m | |
| Other operating income | 74 | - | €60,763 | +€60,763 | |
| Operating charges | 60/66A | - | €23,690,108 | +€23.7m | |
| Goods for resale, raw materials and consumables | 60 | - | €22,821,346 | +€22.8m | |
| Purchases | 600/8 | - | €22,742,643 | +€22.7m | |
| Change in stocks: decrease (increase) | 609 | - | €78,702 | +€78,702 | |
| Services and other goods | 61 | - | €777,658 | +€777,658 | |
| Remuneration, social security and pensions | 62 | - | €51,036 | +€51,036 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,260 | €33,110 | +€5,849 | +21.5% |
| Other operating charges | 640/8 | €1,768 | €6,959 | +€5,191 | +294% |
| Gross operating margin | 9900 | €340,863 | - | -€340,863 | |
| Operating profit (loss) | 9901 | €311,834 | €377,234 | +€65,399 | +21.0% |
| Financial income | 75/76B | €9,116 | €13,587 | +€4,471 | +49.0% |
| Recurring financial income | 75 | €9,116 | €13,587 | +€4,471 | +49.0% |
| Income from current assets | 751 | - | €13,587 | +€13,587 | |
| Other financial income | 752/9 | - | €0 | = | |
| Financial charges | 65/66B | €250,845 | €371,484 | +€120,639 | +48.1% |
| Recurring financial charges | 65 | €250,845 | €371,484 | +€120,639 | +48.1% |
| Debt charges | 650 | - | €280,842 | +€280,842 | |
| Other financial charges | 652/9 | - | €90,642 | +€90,642 | |
| Profit (loss) for the period before taxes | 9903 | €70,106 | €19,338 | -€50,768 | -72.4% |
| Income taxes | 67/77 | €22,982 | €10,079 | -€12,903 | -56.1% |
| Taxes | 670/3 | - | €10,079 | +€10,079 | |
| Profit (loss) for the period | 9904 | €47,124 | €9,259 | -€37,865 | -80.4% |
| Profit (loss) for the period to be appropriated | 9905 | €47,124 | €9,259 | -€37,865 | -80.4% |
Source: filed annual accounts (NBB), financial years ended 31 March 2023 and 31 March 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.