EMP: what changed
EMP
Largest movements
- Receivables within one year -€4,220
down €4,220 (-3.7%), from €113,434 to €109,214
- Trade debts -€29,039
down €29,039 (-66.5%), from €43,693 to €14,654
- Profit (loss) carried forward +€18,048
up €18,048 (+11.7%), from -€154,221 to -€136,174
- Short-term financial debts +€2,598
up €2,598 (+4.7%), from €55,794 to €58,392
- Other debts +€2,435
up €2,435 (+31.2%), from €7,813 to €10,248
- Tax, wage and social debts +€1,731
up €1,731 (+1.2%), from €142,467 to €144,199
of which Taxes: +€18,473
- Gross operating margin +€99,217
up €99,217 (+20.5%), from €484,930 to €584,147
- Financial charges +€22,259
up €22,259 (+102%), from €21,720 to €43,979
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €113,442 | €109,214 | -€4,228 | -3.7% |
| Current assets | 29/58 | €113,442 | €109,214 | -€4,228 | -3.7% |
| Amounts receivable within one year | 40/41 | €113,434 | €109,214 | -€4,220 | -3.7% |
| Trade receivables | 40 | €113,434 | €109,214 | -€4,220 | -3.7% |
| Cash at bank and in hand | 54/58 | €8 | - | -€8 | |
| Total equity and liabilities | 10/49 | €113,442 | €109,214 | -€4,228 | -3.7% |
| Equity | 10/15 | -€136,326 | -€118,278 | +€18,048 | +13.2% |
| Contributions | 10/11 | €17,896 | €17,896 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€154,221 | -€136,174 | +€18,048 | +11.7% |
| Amounts payable | 17/49 | €249,768 | €227,492 | -€22,275 | -8.9% |
| Amounts payable within one year | 42/48 | €249,768 | €227,492 | -€22,275 | -8.9% |
| Financial debts | 43 | €55,794 | €58,392 | +€2,598 | +4.7% |
| Credit institutions | 430/8 | €55,794 | €58,392 | +€2,598 | +4.7% |
| Trade debts | 44 | €43,693 | €14,654 | -€29,039 | -66.5% |
| Suppliers | 440/4 | €43,693 | €14,654 | -€29,039 | -66.5% |
| Taxes, remuneration and social security | 45 | €142,467 | €144,199 | +€1,731 | +1.2% |
| Taxes | 450/3 | €2,799 | €21,272 | +€18,473 | +660% |
| Remuneration and social security | 454/9 | €139,669 | €122,927 | -€16,742 | -12.0% |
| Other amounts payable | 47/48 | €7,813 | €10,248 | +€2,435 | +31.2% |
| Remuneration, social security and pensions | 62 | €523,834 | €521,817 | -€2,018 | -0.4% |
| Other operating charges | 640/8 | €963 | €304 | -€659 | -68.4% |
| Gross operating margin | 9900 | €484,930 | €584,147 | +€99,217 | +20.5% |
| Operating profit (loss) | 9901 | -€39,867 | €62,026 | +€101,894 | |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €21,720 | €43,979 | +€22,259 | +102% |
| Recurring financial charges | 65 | €21,720 | €43,979 | +€22,259 | +102% |
| Profit (loss) for the period before taxes | 9903 | -€61,587 | €18,048 | +€79,635 | |
| Profit (loss) for the period | 9904 | -€61,587 | €18,048 | +€79,635 | |
| Profit (loss) for the period to be appropriated | 9905 | -€61,587 | €18,048 | +€79,635 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.