EMPIRE SOLUTION: 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.
EMPIRE SOLUTION
Largest movements
- Cash +€44,102
up €44,102 (+92.8%), from €47,513 to €91,615
mainly Other debts (+€48,058) and Depreciation (+€46,879)
- Receivables within one year -€29,094
down €29,094 (-43.6%), from €66,745 to €37,651
of which Other amounts receivable: -€15,344
- Deferred charges and accrued income -€14,861
down €14,861 (-84.4%), from €17,618 to €2,757
- Reserves -€51,951
down €51,951 (-26.3%), from €197,388 to €145,437
of which Distributable reserves: -€51,951
- Other debts +€48,058
new in 2025: €48,058
- Accrued charges and deferred income -€20,399
down €20,399 (-99.7%), from €20,466 to €67
- Trade debts +€14,658
up €14,658 (+331.9%), from €4,416 to €19,074
- Tax, wage and social debts +€10,485
up €10,485 (+306.0%), from €3,427 to €13,912
- Depreciation +€20,519
up €20,519 (+77.8%), from €26,360 to €46,879
- Other operating charges +€10,962
up €10,962 (+557.3%), from €1,967 to €12,929
- Gross operating margin +€5,391
up €5,391 (+5.2%), from €104,067 to €109,458
- Financial charges +€3,584
up €3,584 (+65.1%), from €5,502 to €9,085
- Taxes -€2,844
down €2,844 (-23.5%), from €12,084 to €9,240
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 | €466,453 | €468,106 | +€1,653 | +0.4% |
| Fixed assets | 21/28 | €334,576 | €335,533 | +€957 | +0.3% |
| Tangible fixed assets | 22/27 | €334,576 | €335,533 | +€957 | +0.3% |
| Land and buildings | 22 | €197,796 | €213,332 | +€15,536 | +7.9% |
| Plant, machinery and equipment | 23 | - | €6,193 | +€6,193 | |
| Furniture and vehicles | 24 | €136,780 | €116,008 | -€20,772 | -15.2% |
| Current assets | 29/58 | €131,877 | €132,573 | +€696 | +0.5% |
| Stocks and contracts in progress | 3 | - | €550 | +€550 | |
| Stocks | 30/36 | - | €550 | +€550 | |
| Amounts receivable within one year | 40/41 | €66,745 | €37,651 | -€29,094 | -43.6% |
| Trade receivables | 40 | €45,601 | €31,851 | -€13,750 | -30.2% |
| Other amounts receivable | 41 | €21,144 | €5,800 | -€15,344 | -72.6% |
| Cash at bank and in hand | 54/58 | €47,513 | €91,615 | +€44,102 | +92.8% |
| Deferred charges and accrued income | 490/1 | €17,618 | €2,757 | -€14,861 | -84.4% |
| Total equity and liabilities | 10/49 | €466,453 | €468,106 | +€1,653 | +0.4% |
| Equity | 10/15 | €197,389 | €145,438 | -€51,951 | -26.3% |
| Contributions | 10/11 | €1 | €1 | = | 0.0% |
| Reserves | 13 | €197,388 | €145,437 | -€51,951 | -26.3% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €195,528 | €143,577 | -€51,951 | -26.6% |
| Amounts payable | 17/49 | €269,064 | €322,668 | +€53,604 | +19.9% |
| Amounts payable after more than one year | 17 | €212,685 | €206,242 | -€6,443 | -3.0% |
| Financial debts | 170/4 | €212,685 | €206,242 | -€6,443 | -3.0% |
| Amounts payable within one year | 42/48 | €35,913 | €116,359 | +€80,446 | +224.0% |
| Current portion of amounts payable after more than one year | 42 | €27,918 | €35,163 | +€7,246 | +26.0% |
| Financial debts | 43 | €152 | €152 | = | 0.0% |
| Credit institutions | 430/8 | €152 | €152 | = | 0.0% |
| Trade debts | 44 | €4,416 | €19,074 | +€14,658 | +331.9% |
| Suppliers | 440/4 | €4,416 | €19,074 | +€14,658 | +331.9% |
| Taxes, remuneration and social security | 45 | €3,427 | €13,912 | +€10,485 | +306.0% |
| Taxes | 450/3 | €3,427 | €13,912 | +€10,485 | +306.0% |
| Other amounts payable | 47/48 | - | €48,058 | +€48,058 | |
| Accrued charges and deferred income | 492/3 | €20,466 | €67 | -€20,399 | -99.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,360 | €46,879 | +€20,519 | +77.8% |
| Other operating charges | 640/8 | €1,967 | €12,929 | +€10,962 | +557.3% |
| Gross operating margin | 9900 | €104,067 | €109,458 | +€5,391 | +5.2% |
| Operating profit (loss) | 9901 | €75,739 | €49,650 | -€26,090 | -34.4% |
| Financial income | 75/76B | €289 | €143 | -€145 | -50.4% |
| Recurring financial income | 75 | €289 | €143 | -€145 | -50.4% |
| Financial charges | 65/66B | €5,502 | €9,085 | +€3,584 | +65.1% |
| Recurring financial charges | 65 | €5,502 | €9,085 | +€3,584 | +65.1% |
| Profit (loss) for the period before taxes | 9903 | €70,526 | €40,708 | -€29,819 | -42.3% |
| Income taxes | 67/77 | €12,084 | €9,240 | -€2,844 | -23.5% |
| Profit (loss) for the period | 9904 | €58,442 | €31,467 | -€26,975 | -46.2% |
| Profit (loss) for the period to be appropriated | 9905 | €58,442 | €31,467 | -€26,975 | -46.2% |
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 9 October 2026 via checked.be.