EMPIBAGRI: 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.
EMPIBAGRI
Largest movements
- Tangible fixed assets -€20,665
down €20,665 (-15.4%), from €134,367 to €113,702
of which Leasing and similar rights: -€20,665
- Receivables within one year -€13,155
down €13,155 (-10.7%), from €122,694 to €109,539
of which Trade receivables: -€15,800
- Debts after one year -€21,867
down €21,867 (-23.6%), from €92,521 to €70,654
- Trade debts -€14,087
no longer reported in 2025 (was €14,087)
- Reserves +€3,012
up €3,012 (+2.5%), from €118,201 to €121,213
- Gross operating margin -€683
down €683 (-2.1%), from €32,647 to €31,963
- Financial charges -€431
down €431 (-12.8%), from €3,369 to €2,939
- Taxes +€415
up €415 (+64.8%), from €641 to €1,056
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 | €259,345 | €226,628 | -€32,716 | -12.6% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €134,367 | €113,702 | -€20,665 | -15.4% |
| Tangible fixed assets | 22/27 | €134,367 | €113,702 | -€20,665 | -15.4% |
| Land and buildings | 22 | €0 | €0 | = | |
| Plant, machinery and equipment | 23 | €0 | €0 | = | |
| Furniture and vehicles | 24 | €0 | €0 | = | |
| Leasing and similar rights | 25 | €134,367 | €113,702 | -€20,665 | -15.4% |
| Current assets | 29/58 | €124,977 | €112,926 | -€12,051 | -9.6% |
| Stocks and contracts in progress | 3 | €1,719 | €2,710 | +€991 | +57.6% |
| Stocks | 30/36 | €1,719 | €2,710 | +€991 | +57.6% |
| Amounts receivable within one year | 40/41 | €122,694 | €109,539 | -€13,155 | -10.7% |
| Trade receivables | 40 | €121,843 | €106,043 | -€15,800 | -13.0% |
| Other amounts receivable | 41 | €850 | €3,495 | +€2,645 | +311% |
| Cash at bank and in hand | 54/58 | €565 | €678 | +€113 | +20.1% |
| Total equity and liabilities | 10/49 | €259,345 | €226,628 | -€32,716 | -12.6% |
| Equity | 10/15 | €125,637 | €127,410 | +€1,773 | +1.4% |
| Contributions | 10/11 | €6,197 | €6,197 | = | 0.0% |
| Reserves | 13 | €118,201 | €121,213 | +€3,012 | +2.5% |
| Distributable reserves | 133 | €118,201 | €121,213 | +€3,012 | +2.5% |
| Investment grants | 15 | €1,239 | - | -€1,239 | |
| Amounts payable | 17/49 | €133,707 | €99,218 | -€34,489 | -25.8% |
| Amounts payable after more than one year | 17 | €92,521 | €70,654 | -€21,867 | -23.6% |
| Financial debts | 170/4 | €92,521 | €70,654 | -€21,867 | -23.6% |
| Amounts payable within one year | 42/48 | €41,187 | €28,564 | -€12,623 | -30.6% |
| Current portion of amounts payable after more than one year | 42 | €21,424 | €21,867 | +€442 | +2.1% |
| Trade debts | 44 | €14,087 | - | -€14,087 | |
| Suppliers | 440/4 | €14,087 | - | -€14,087 | |
| Taxes, remuneration and social security | 45 | €5,675 | €6,697 | +€1,022 | +18.0% |
| Taxes | 450/3 | €675 | €1,697 | +€1,022 | +151% |
| Remuneration and social security | 454/9 | €5,000 | €5,000 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €5,000 | €5,000 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,383 | €20,665 | +€282 | +1.4% |
| Other operating charges | 640/8 | €437 | €532 | +€95 | +21.6% |
| Gross operating margin | 9900 | €32,647 | €31,963 | -€683 | -2.1% |
| Operating profit (loss) | 9901 | €6,826 | €5,767 | -€1,060 | -15.5% |
| Financial income | 75/76B | €1,239 | €1,240 | +€1 | +0.1% |
| Recurring financial income | 75 | €1,239 | €1,240 | +€1 | +0.1% |
| Financial charges | 65/66B | €3,369 | €2,939 | -€431 | -12.8% |
| Recurring financial charges | 65 | €3,369 | €2,939 | -€431 | -12.8% |
| Profit (loss) for the period before taxes | 9903 | €4,696 | €4,068 | -€628 | -13.4% |
| Income taxes | 67/77 | €641 | €1,056 | +€415 | +64.8% |
| Profit (loss) for the period | 9904 | €4,055 | €3,012 | -€1,043 | -25.7% |
| Profit (loss) for the period to be appropriated | 9905 | €4,055 | €3,012 | -€1,043 | -25.7% |
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 13 October 2026 via checked.be.