EMONDS: 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.
EMONDS
Largest movements
- Receivables within one year +€17,416
up €17,416 (+20.4%), from €85,396 to €102,812
of which Trade receivables: +€18,280
- Tangible fixed assets -€2,276
down €2,276 (-33.3%), from €6,825 to €4,549
of which Furniture and vehicles: -€1,507
- Profit (loss) carried forward +€16,742
up €16,742 (+230%), from €7,273 to €24,015
- Short-term financial debts -€14,804
no longer reported in 2025 (was €14,804)
- Other debts +€7,438
up €7,438 (+43.1%), from €17,260 to €24,698
- Tax, wage and social debts +€3,784
new in 2025: €3,784
- Trade debts +€2,771
up €2,771 (+16.8%), from €16,487 to €19,258
- Gross operating margin +€20,325
up €20,325 (+206%), from €9,887 to €30,212
- Taxes +€3,784
new in 2025: €3,784
- Depreciation +€752
up €752 (+13.6%), from €5,525 to €6,277
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 | €93,028 | €109,052 | +€16,024 | +17.2% |
| Fixed assets | 21/28 | €6,825 | €4,549 | -€2,276 | -33.3% |
| Tangible fixed assets | 22/27 | €6,825 | €4,549 | -€2,276 | -33.3% |
| Plant, machinery and equipment | 23 | €2,557 | €1,788 | -€769 | -30.1% |
| Furniture and vehicles | 24 | €4,268 | €2,761 | -€1,507 | -35.3% |
| Current assets | 29/58 | €86,204 | €104,503 | +€18,300 | +21.2% |
| Amounts receivable within one year | 40/41 | €85,396 | €102,812 | +€17,416 | +20.4% |
| Trade receivables | 40 | €81,962 | €100,241 | +€18,280 | +22.3% |
| Other amounts receivable | 41 | €3,434 | €2,570 | -€864 | -25.2% |
| Cash at bank and in hand | 54/58 | - | €854 | +€854 | |
| Deferred charges and accrued income | 490/1 | €808 | €837 | +€29 | +3.6% |
| Total equity and liabilities | 10/49 | €93,028 | €109,052 | +€16,024 | +17.2% |
| Equity | 10/15 | €44,478 | €61,220 | +€16,742 | +37.6% |
| Contributions | 10/11 | €24,789 | €24,789 | = | 0.0% |
| Reserves | 13 | €12,416 | €12,416 | = | 0.0% |
| Distributable reserves | 133 | €12,416 | €12,416 | = | 0.0% |
| Profit (loss) carried forward | 14 | €7,273 | €24,015 | +€16,742 | +230% |
| Amounts payable | 17/49 | €48,550 | €47,832 | -€718 | -1.5% |
| Amounts payable within one year | 42/48 | €48,550 | €47,740 | -€810 | -1.7% |
| Financial debts | 43 | €14,804 | - | -€14,804 | |
| Credit institutions | 430/8 | €14,804 | - | -€14,804 | |
| Trade debts | 44 | €16,487 | €19,258 | +€2,771 | +16.8% |
| Suppliers | 440/4 | €16,487 | €19,258 | +€2,771 | +16.8% |
| Taxes, remuneration and social security | 45 | - | €3,784 | +€3,784 | |
| Taxes | 450/3 | - | €3,784 | +€3,784 | |
| Other amounts payable | 47/48 | €17,260 | €24,698 | +€7,438 | +43.1% |
| Accrued charges and deferred income | 492/3 | - | €92 | +€92 | |
| Non-recurring operating income | 76A | €3,781 | - | -€3,781 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,525 | €6,277 | +€752 | +13.6% |
| Other operating charges | 640/8 | €883 | €772 | -€111 | -12.6% |
| Non-recurring operating charges | 66A | - | €906 | +€906 | |
| Gross operating margin | 9900 | €9,887 | €30,212 | +€20,325 | +206% |
| Operating profit (loss) | 9901 | €3,479 | €22,257 | +€18,778 | +540% |
| Financial charges | 65/66B | €1,543 | €1,731 | +€188 | +12.2% |
| Recurring financial charges | 65 | €1,543 | €1,731 | +€188 | +12.2% |
| Profit (loss) for the period before taxes | 9903 | €1,936 | €20,526 | +€18,590 | +960% |
| Income taxes | 67/77 | - | €3,784 | +€3,784 | |
| Profit (loss) for the period | 9904 | €1,936 | €16,742 | +€14,806 | +765% |
| Profit (loss) for the period to be appropriated | 9905 | €1,936 | €16,742 | +€14,806 | +765% |
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 18 October 2026 via checked.be.