Emp Invest: 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.
Emp Invest
Largest movements
- Tangible fixed assets -€13,865
down €13,865 (-4.7%), from €294,410 to €280,546
of which Land and buildings: -€12,552
- Debts after one year -€12,289
down €12,289 (-4.9%), from €250,171 to €237,882
- Profit (loss) carried forward -€3,591
down €3,591 (-28.3%), from -€12,680 to -€16,271
- Gross operating margin +€14,368
up €14,368 (+180%), from €7,967 to €22,335
- Depreciation +€8,707
up €8,707 (+169%), from €5,158 to €13,865
- Financial charges +€5,178
up €5,178 (+126%), from €4,108 to €9,286
- Other operating charges +€970
up €970 (+53.7%), from €1,805 to €2,775
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 | €297,679 | €284,334 | -€13,345 | -4.5% |
| Fixed assets | 21/28 | €294,410 | €280,546 | -€13,865 | -4.7% |
| Tangible fixed assets | 22/27 | €294,410 | €280,546 | -€13,865 | -4.7% |
| Land and buildings | 22 | €282,888 | €270,336 | -€12,552 | -4.4% |
| Plant, machinery and equipment | 23 | €11,523 | €10,210 | -€1,313 | -11.4% |
| Current assets | 29/58 | €3,269 | €3,789 | +€520 | +15.9% |
| Cash at bank and in hand | 54/58 | €2,935 | €3,142 | +€206 | +7.0% |
| Deferred charges and accrued income | 490/1 | €333 | €647 | +€314 | +94.0% |
| Total equity and liabilities | 10/49 | €297,679 | €284,334 | -€13,345 | -4.5% |
| Equity | 10/15 | -€2,680 | -€6,271 | -€3,591 | -134% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€12,680 | -€16,271 | -€3,591 | -28.3% |
| Amounts payable | 17/49 | €300,360 | €290,606 | -€9,754 | -3.2% |
| Amounts payable after more than one year | 17 | €250,171 | €237,882 | -€12,289 | -4.9% |
| Financial debts | 170/4 | €250,171 | €237,882 | -€12,289 | -4.9% |
| Amounts payable within one year | 42/48 | €50,057 | €52,603 | +€2,545 | +5.1% |
| Current portion of amounts payable after more than one year | 42 | €12,313 | €12,715 | +€402 | +3.3% |
| Trade debts | 44 | €1,073 | €342 | -€731 | -68.2% |
| Suppliers | 440/4 | €1,073 | €342 | -€731 | -68.2% |
| Other amounts payable | 47/48 | €36,672 | €39,546 | +€2,875 | +7.8% |
| Accrued charges and deferred income | 492/3 | €131 | €121 | -€11 | -8.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,158 | €13,865 | +€8,707 | +169% |
| Other operating charges | 640/8 | €1,805 | €2,775 | +€970 | +53.7% |
| Gross operating margin | 9900 | €7,967 | €22,335 | +€14,368 | +180% |
| Operating profit (loss) | 9901 | €1,004 | €5,695 | +€4,691 | +467% |
| Financial charges | 65/66B | €4,108 | €9,286 | +€5,178 | +126% |
| Recurring financial charges | 65 | €4,108 | €9,286 | +€5,178 | +126% |
| Profit (loss) for the period before taxes | 9903 | -€3,104 | -€3,591 | -€487 | -15.7% |
| Profit (loss) for the period | 9904 | -€3,104 | -€3,591 | -€487 | -15.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,104 | -€3,591 | -€487 | -15.7% |
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 28 October 2026 via checked.be.