EMP PROJECTS: 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.
EMP PROJECTS
Largest movements
- Receivables within one year -€7,929
down €7,929 (-8.6%), from €92,338 to €84,409
of which Trade receivables: -€30,597
- Tax, wage and social debts -€18,336
down €18,336 (-42.9%), from €42,718 to €24,382
of which Taxes: -€18,336
- Profit (loss) carried forward +€6,556
up €6,556 (+16.4%), from €40,018 to €46,573
- Trade debts +€3,797
up €3,797 (+48.1%), from €7,888 to €11,685
- Gross operating margin +€38,828
up €38,828 (+444.3%), from €8,740 to €47,568
- Taxes +€6,245
up €6,245 (+222.0%), from €2,813 to €9,058
- Financial income +€4,486
up €4,486 (+10972.7%), from €41 to €4,527
- Staff costs +€4,145
up €4,145 (+111.2%), from €3,727 to €7,872
- Financial charges +€4,137
up €4,137 (+708.9%), from €584 to €4,721
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 | €102,625 | €94,640 | -€7,984 | -7.8% |
| Current assets | 29/58 | €102,625 | €94,640 | -€7,984 | -7.8% |
| Amounts receivable within one year | 40/41 | €92,338 | €84,409 | -€7,929 | -8.6% |
| Trade receivables | 40 | €30,597 | - | -€30,597 | |
| Other amounts receivable | 41 | €61,740 | €84,409 | +€22,669 | +36.7% |
| Cash at bank and in hand | 54/58 | €10,287 | €10,231 | -€56 | -0.5% |
| Total equity and liabilities | 10/49 | €102,625 | €94,640 | -€7,984 | -7.8% |
| Equity | 10/15 | €52,018 | €58,573 | +€6,556 | +12.6% |
| Contributions | 10/11 | €12,000 | €12,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €40,018 | €46,573 | +€6,556 | +16.4% |
| Amounts payable | 17/49 | €50,607 | €36,067 | -€14,540 | -28.7% |
| Amounts payable within one year | 42/48 | €50,607 | €36,067 | -€14,540 | -28.7% |
| Trade debts | 44 | €7,888 | €11,685 | +€3,797 | +48.1% |
| Suppliers | 440/4 | €7,888 | €11,685 | +€3,797 | +48.1% |
| Taxes, remuneration and social security | 45 | €42,718 | €24,382 | -€18,336 | -42.9% |
| Taxes | 450/3 | €42,336 | €23,999 | -€18,336 | -43.3% |
| Remuneration and social security | 454/9 | €383 | €383 | = | 0.0% |
| Non-recurring operating income | 76A | - | €14,709 | +€14,709 | |
| Remuneration, social security and pensions | 62 | €3,727 | €7,872 | +€4,145 | +111.2% |
| Other operating charges | 640/8 | €830 | €359 | -€471 | -56.8% |
| Gross operating margin | 9900 | €8,740 | €47,568 | +€38,828 | +444.3% |
| Operating profit (loss) | 9901 | €4,183 | €39,337 | +€35,154 | +840.4% |
| Financial income | 75/76B | €41 | €4,527 | +€4,486 | +10972.7% |
| Recurring financial income | 75 | €41 | €4,527 | +€4,486 | +10972.7% |
| Financial charges | 65/66B | €584 | €4,721 | +€4,137 | +708.9% |
| Recurring financial charges | 65 | €584 | €4,721 | +€4,137 | +708.9% |
| Profit (loss) for the period before taxes | 9903 | €3,640 | €39,143 | +€35,503 | +975.3% |
| Income taxes | 67/77 | €2,813 | €9,058 | +€6,245 | +222.0% |
| Profit (loss) for the period | 9904 | €827 | €30,085 | +€29,258 | +3536.2% |
| Profit (loss) for the period to be appropriated | 9905 | €827 | €30,085 | +€29,258 | +3536.2% |
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 8 October 2026 via checked.be.