emosS: 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.
emosS
Largest movements
- Receivables within one year -€263,568
down €263,568 (-41.1%), from €641,943 to €378,375
of which Other amounts receivable: -€261,360
- Stocks and contracts -€116,448
down €116,448 (-36.7%), from €317,311 to €200,862
- Cash +€77,473
up €77,473 (+15.9%), from €488,053 to €565,526
mainly Receivables within one year (+€263,568) and Net result for the year (+€253,320)
- Tangible fixed assets +€43,298
up €43,298 (+585%), from €7,408 to €50,706
of which Furniture and vehicles: +€42,991
- Intangible fixed assets +€27,315
up €27,315 (+46.1%), from €59,199 to €86,514
- Profit (loss) carried forward +€253,320
up €253,320 (+202%), from €125,174 to €378,494
- Trade debts -€210,840
down €210,840 (-36.4%), from €579,251 to €368,410
- Advances received -€166,063
down €166,063 (-69.8%), from €238,030 to €71,968
- Other debts -€92,217
down €92,217 (-92.2%), from €100,000 to €7,783
- Tax, wage and social debts -€65,173
down €65,173 (-80.2%), from €81,225 to €16,052
of which Taxes: -€81,225
- Provisions -€94,639
down €94,639, from €51,664 to -€42,975
- Staff costs +€93,934
new in 2025: €93,934
- Gross operating margin +€79,793
up €79,793 (+22.7%), from €351,991 to €431,784
- Depreciation +€24,364
up €24,364 (+184%), from €13,254 to €37,617
- Financial income -€18,252
down €18,252 (-93.2%), from €19,585 to €1,333
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 | €1,519,015 | €1,309,355 | -€209,661 | -13.8% |
| Fixed assets | 21/28 | €69,750 | €140,364 | +€70,613 | +101% |
| Intangible fixed assets | 21 | €59,199 | €86,514 | +€27,315 | +46.1% |
| Tangible fixed assets | 22/27 | €7,408 | €50,706 | +€43,298 | +585% |
| Plant, machinery and equipment | 23 | €5,800 | €6,108 | +€308 | +5.3% |
| Furniture and vehicles | 24 | €1,608 | €44,598 | +€42,991 | +2,674% |
| Financial fixed assets | 28 | €3,144 | €3,144 | = | 0.0% |
| Current assets | 29/58 | €1,449,265 | €1,168,991 | -€280,274 | -19.3% |
| Stocks and contracts in progress | 3 | €317,311 | €200,862 | -€116,448 | -36.7% |
| Stocks | 30/36 | €317,311 | €200,862 | -€116,448 | -36.7% |
| Amounts receivable within one year | 40/41 | €641,943 | €378,375 | -€263,568 | -41.1% |
| Trade receivables | 40 | €328,892 | €326,684 | -€2,208 | -0.7% |
| Other amounts receivable | 41 | €313,051 | €51,691 | -€261,360 | -83.5% |
| Cash at bank and in hand | 54/58 | €488,053 | €565,526 | +€77,473 | +15.9% |
| Deferred charges and accrued income | 490/1 | €1,958 | €24,228 | +€22,269 | +1,137% |
| Total equity and liabilities | 10/49 | €1,519,015 | €1,309,355 | -€209,661 | -13.8% |
| Equity | 10/15 | €420,240 | €673,560 | +€253,320 | +60.3% |
| Contributions | 10/11 | €7,352 | €7,352 | = | 0.0% |
| Reserves | 13 | €287,714 | €287,714 | = | 0.0% |
| Non-distributable reserves | 130/1 | €735 | €735 | = | 0.0% |
| Reserves not available under the articles | 1311 | €735 | €735 | = | 0.0% |
| Tax-exempt reserves | 132 | €47,831 | €47,831 | = | 0.0% |
| Distributable reserves | 133 | €239,147 | €239,147 | = | 0.0% |
| Profit (loss) carried forward | 14 | €125,174 | €378,494 | +€253,320 | +202% |
| Provisions and deferred taxes | 16 | €100,270 | €57,295 | -€42,975 | -42.9% |
| Provisions for liabilities and charges | 160/5 | €100,270 | €57,295 | -€42,975 | -42.9% |
| Environmental obligations | 163 | €100,270 | €57,295 | -€42,975 | -42.9% |
| Amounts payable | 17/49 | €998,506 | €578,499 | -€420,006 | -42.1% |
| Amounts payable after more than one year | 17 | - | €46,750 | +€46,750 | |
| Financial debts | 170/4 | - | €46,750 | +€46,750 | |
| Amounts payable within one year | 42/48 | €998,506 | €529,340 | -€469,166 | -47.0% |
| Current portion of amounts payable after more than one year | 42 | - | €21,188 | +€21,188 | |
| Financial debts | 43 | - | €43,939 | +€43,939 | |
| Credit institutions | 430/8 | - | €43,939 | +€43,939 | |
| Trade debts | 44 | €579,251 | €368,410 | -€210,840 | -36.4% |
| Suppliers | 440/4 | €579,251 | €368,410 | -€210,840 | -36.4% |
| Advances received on contracts in progress | 46 | €238,030 | €71,968 | -€166,063 | -69.8% |
| Taxes, remuneration and social security | 45 | €81,225 | €16,052 | -€65,173 | -80.2% |
| Taxes | 450/3 | €81,225 | - | -€81,225 | |
| Remuneration and social security | 454/9 | - | €16,052 | +€16,052 | |
| Other amounts payable | 47/48 | €100,000 | €7,783 | -€92,217 | -92.2% |
| Accrued charges and deferred income | 492/3 | - | €2,409 | +€2,409 | |
| Remuneration, social security and pensions | 62 | - | €93,934 | +€93,934 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,254 | €37,617 | +€24,364 | +184% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €51,664 | -€42,975 | -€94,639 | |
| Gross operating margin | 9900 | €351,991 | €431,784 | +€79,793 | +22.7% |
| Operating profit (loss) | 9901 | €287,073 | €343,208 | +€56,135 | +19.6% |
| Financial income | 75/76B | €19,585 | €1,333 | -€18,252 | -93.2% |
| Recurring financial income | 75 | €19,585 | €1,333 | -€18,252 | -93.2% |
| Financial charges | 65/66B | €260 | €5,606 | +€5,346 | +2,057% |
| Recurring financial charges | 65 | €260 | €5,606 | +€5,346 | +2,057% |
| Profit (loss) for the period before taxes | 9903 | €306,398 | €338,934 | +€32,536 | +10.6% |
| Income taxes | 67/77 | €81,225 | €85,614 | +€4,389 | +5.4% |
| Profit (loss) for the period | 9904 | €225,174 | €253,320 | +€28,147 | +12.5% |
| Profit (loss) for the period to be appropriated | 9905 | €225,174 | €253,320 | +€28,147 | +12.5% |
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 16 October 2026 via checked.be.