EMOYA: what changed
Two fiscal 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.
EMOYA
Largest movements
- Tangible fixed assets +€50,098
up €50,098 (+164.7%), from €30,423 to €80,521
- Cash -€14,619
down €14,619 (-22.9%), from €63,775 to €49,156
mainly Investment in fixed assets (net) (-€75,131) and Contributions, distributions and other (-€20,571)
- Receivables within one year -€5,373
down €5,373 (-30.2%), from €17,789 to €12,416
of which Other amounts receivable: -€3,607
- Deferred charges and accrued income +€4,304
up €4,304 (+227.4%), from €1,893 to €6,197
- Debts after one year +€17,403
up €17,403, from €0 to €17,403
- Reserves +€9,553
up €9,553 (+12.1%), from €78,807 to €88,359
- Current portion of long-term debt +€9,321
up €9,321 (+292.4%), from €3,188 to €12,508
- Tax, wage and social debts -€8,146
down €8,146 (-75.8%), from €10,752 to €2,606
of which Taxes: -€7,890
- Other debts +€4,853
up €4,853 (+29.6%), from €16,421 to €21,274
- Depreciation +€11,576
up €11,576 (+86.0%), from €13,457 to €25,033
- Gross operating margin +€5,594
up €5,594 (+9.0%), from €61,851 to €67,445
- Financial charges +€1,078
up €1,078 (+242.7%), from €444 to €1,523
- Taxes -€881
down €881 (-8.0%), from €11,062 to €10,180
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 | €123,177 | €157,056 | +€33,879 | +27.5% |
| Fixed assets | 21/28 | €30,423 | €80,521 | +€50,098 | +164.7% |
| Tangible fixed assets | 22/27 | €30,423 | €80,521 | +€50,098 | +164.7% |
| Furniture and vehicles | 24 | €30,423 | €80,521 | +€50,098 | +164.7% |
| Current assets | 29/58 | €92,754 | €76,535 | -€16,219 | -17.5% |
| Amounts receivable within one year | 40/41 | €17,789 | €12,416 | -€5,373 | -30.2% |
| Trade receivables | 40 | €13,424 | €11,658 | -€1,766 | -13.2% |
| Other amounts receivable | 41 | €4,364 | €758 | -€3,607 | -82.6% |
| Current investments | 50/53 | €9,298 | €8,766 | -€531 | -5.7% |
| Cash at bank and in hand | 54/58 | €63,775 | €49,156 | -€14,619 | -22.9% |
| Deferred charges and accrued income | 490/1 | €1,893 | €6,197 | +€4,304 | +227.4% |
| Total equity and liabilities | 10/49 | €123,177 | €157,056 | +€33,879 | +27.5% |
| Equity | 10/15 | €91,207 | €100,759 | +€9,553 | +10.5% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €78,807 | €88,359 | +€9,553 | +12.1% |
| Distributable reserves | 133 | €78,807 | €88,359 | +€9,553 | +12.1% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €31,971 | €56,297 | +€24,326 | +76.1% |
| Amounts payable after more than one year | 17 | €0 | €17,403 | +€17,403 | |
| Financial debts | 170/4 | €0 | €17,403 | +€17,403 | |
| Amounts payable within one year | 42/48 | €31,971 | €38,894 | +€6,923 | +21.7% |
| Current portion of amounts payable after more than one year | 42 | €3,188 | €12,508 | +€9,321 | +292.4% |
| Trade debts | 44 | €1,610 | €2,506 | +€896 | +55.6% |
| Suppliers | 440/4 | €1,610 | €2,506 | +€896 | +55.6% |
| Taxes, remuneration and social security | 45 | €10,752 | €2,606 | -€8,146 | -75.8% |
| Taxes | 450/3 | €10,410 | €2,520 | -€7,890 | -75.8% |
| Remuneration and social security | 454/9 | €342 | €87 | -€256 | -74.7% |
| Other amounts payable | 47/48 | €16,421 | €21,274 | +€4,853 | +29.6% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,457 | €25,033 | +€11,576 | +86.0% |
| Other operating charges | 640/8 | €799 | €585 | -€214 | -26.8% |
| Gross operating margin | 9900 | €61,851 | €67,445 | +€5,594 | +9.0% |
| Operating profit (loss) | 9901 | €47,595 | €41,827 | -€5,767 | -12.1% |
| Financial charges | 65/66B | €444 | €1,523 | +€1,078 | +242.7% |
| Recurring financial charges | 65 | €444 | €1,523 | +€1,078 | +242.7% |
| Profit (loss) for the period before taxes | 9903 | €47,150 | €40,305 | -€6,845 | -14.5% |
| Income taxes | 67/77 | €11,062 | €10,180 | -€881 | -8.0% |
| Profit (loss) for the period | 9904 | €36,089 | €30,124 | -€5,964 | -16.5% |
| Profit (loss) for the period to be appropriated | 9905 | €36,089 | €30,124 | -€5,964 | -16.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.