EMORIS: 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.
EMORIS
Largest movements
- Cash -€225,982
down €225,982 (-98.1%), from €230,312 to €4,331
mainly Debts after one year (-€500,000) and Receivables within one year (-€205,580)
- Receivables within one year +€205,580
up €205,580 (+54.7%), from €376,045 to €581,625
- Tangible fixed assets -€49,018
down €49,018 (-83.8%), from €58,501 to €9,483
- Debts after one year -€500,000
down €500,000 (-100.0%), from €500,000 to €0
- Reserves +€355,857
up €355,857 (+565.9%), from €62,884 to €418,741
of which Tax-exempt reserves: +€361,284
- Provisions +€120,428
new in 2025: €120,428
- Other debts -€24,137
down €24,137 (-50.1%), from €48,156 to €24,020
- Trade debts -€16,939
down €16,939 (-100.0%), from €16,939 to €0
- Gross operating margin +€442,659
up €442,659 (+1155.7%), from €38,302 to €480,961
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 | €664,859 | €595,438 | -€69,420 | -10.4% |
| Fixed assets | 21/28 | €58,501 | €9,483 | -€49,018 | -83.8% |
| Tangible fixed assets | 22/27 | €58,501 | €9,483 | -€49,018 | -83.8% |
| Land and buildings | 22 | €58,501 | €9,483 | -€49,018 | -83.8% |
| Current assets | 29/58 | €606,358 | €585,955 | -€20,402 | -3.4% |
| Amounts receivable within one year | 40/41 | €376,045 | €581,625 | +€205,580 | +54.7% |
| Other amounts receivable | 41 | €376,045 | €581,625 | +€205,580 | +54.7% |
| Cash at bank and in hand | 54/58 | €230,312 | €4,331 | -€225,982 | -98.1% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €664,859 | €595,438 | -€69,420 | -10.4% |
| Equity | 10/15 | €95,134 | €450,991 | +€355,857 | +374.1% |
| Contributions | 10/11 | €32,250 | €32,250 | = | 0.0% |
| Reserves | 13 | €62,884 | €418,741 | +€355,857 | +565.9% |
| Tax-exempt reserves | 132 | €27,315 | €388,599 | +€361,284 | +1322.7% |
| Distributable reserves | 133 | €35,570 | €30,142 | -€5,427 | -15.3% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Provisions and deferred taxes | 16 | - | €120,428 | +€120,428 | |
| Deferred taxes | 168 | - | €120,428 | +€120,428 | |
| Amounts payable | 17/49 | €569,725 | €24,020 | -€545,705 | -95.8% |
| Amounts payable after more than one year | 17 | €500,000 | €0 | -€500,000 | -100.0% |
| Financial debts | 170/4 | €500,000 | €0 | -€500,000 | -100.0% |
| Amounts payable within one year | 42/48 | €69,091 | €24,020 | -€45,071 | -65.2% |
| Trade debts | 44 | €16,939 | €0 | -€16,939 | -100.0% |
| Suppliers | 440/4 | €16,939 | €0 | -€16,939 | -100.0% |
| Taxes, remuneration and social security | 45 | €3,995 | €0 | -€3,995 | -100.0% |
| Taxes | 450/3 | €3,995 | €0 | -€3,995 | -100.0% |
| Other amounts payable | 47/48 | €48,156 | €24,020 | -€24,137 | -50.1% |
| Accrued charges and deferred income | 492/3 | €634 | €0 | -€634 | -100.0% |
| Other operating charges | 640/8 | €2,025 | €780 | -€1,246 | -61.5% |
| Gross operating margin | 9900 | €38,302 | €480,961 | +€442,659 | +1155.7% |
| Operating profit (loss) | 9901 | €36,277 | €480,182 | +€443,905 | +1223.7% |
| Financial charges | 65/66B | €6,452 | €3,897 | -€2,556 | -39.6% |
| Recurring financial charges | 65 | €6,452 | €3,897 | -€2,556 | -39.6% |
| Profit (loss) for the period before taxes | 9903 | €29,824 | €476,285 | +€446,460 | +1497.0% |
| Transfer to deferred taxes | 680 | - | €120,428 | +€120,428 | |
| Income taxes | 67/77 | €3,995 | €0 | -€3,995 | -100.0% |
| Profit (loss) for the period | 9904 | €25,829 | €355,857 | +€330,028 | +1277.7% |
| Transfer to tax-exempt reserves | 689 | - | €361,284 | +€361,284 | |
| Profit (loss) for the period to be appropriated | 9905 | €25,829 | -€5,427 | -€31,256 |
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 11 October 2026 via checked.be.