EMQ Solutions: 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.
EMQ Solutions
Largest movements
- Cash -€34,573
down €34,573 (-82.8%), from €41,778 to €7,205
mainly Receivables within one year (-€23,376) and Other debts (-€19,057)
- Receivables within one year +€23,376
up €23,376 (+86.2%), from €27,125 to €50,501
of which Trade receivables: +€21,314
- Tangible fixed assets -€9,176
down €9,176 (-70.9%), from €12,936 to €3,761
of which Leasing and similar rights: -€4,833
- Other debts -€19,057
down €19,057 (-50.1%), from €38,036 to €18,979
- Debts after one year -€5,248
down €5,248 (-100.0%), from €5,248 to €0
- Trade debts +€1,961
up €1,961 (+1223.2%), from €160 to €2,122
- Current portion of long-term debt +€1,898
up €1,898 (+41.3%), from €4,593 to €6,490
- Gross operating margin +€5,083
up €5,083 (+17.5%), from €29,129 to €34,212
- Depreciation -€3,428
down €3,428 (-40.0%), from €8,570 to €5,142
- Taxes -€1,953
down €1,953 (-17.3%), from €11,312 to €9,360
- Financial charges -€950
down €950 (-65.5%), from €1,452 to €501
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 | €84,870 | €64,462 | -€20,408 | -24.0% |
| Fixed assets | 21/28 | €12,936 | €3,761 | -€9,176 | -70.9% |
| Tangible fixed assets | 22/27 | €12,936 | €3,761 | -€9,176 | -70.9% |
| Furniture and vehicles | 24 | €4,342 | €0 | -€4,342 | -100.0% |
| Leasing and similar rights | 25 | €8,594 | €3,761 | -€4,833 | -56.2% |
| Current assets | 29/58 | €71,934 | €60,701 | -€11,233 | -15.6% |
| Amounts receivable within one year | 40/41 | €27,125 | €50,501 | +€23,376 | +86.2% |
| Trade receivables | 40 | €7,125 | €28,439 | +€21,314 | +299.1% |
| Other amounts receivable | 41 | €20,000 | €22,062 | +€2,062 | +10.3% |
| Cash at bank and in hand | 54/58 | €41,778 | €7,205 | -€34,573 | -82.8% |
| Deferred charges and accrued income | 490/1 | €3,031 | €2,995 | -€36 | -1.2% |
| Total equity and liabilities | 10/49 | €84,870 | €64,462 | -€20,408 | -24.0% |
| Equity | 10/15 | €20,694 | €20,460 | -€234 | -1.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €234 | €0 | -€234 | -100.0% |
| Amounts payable | 17/49 | €64,176 | €44,002 | -€20,174 | -31.4% |
| Amounts payable after more than one year | 17 | €5,248 | €0 | -€5,248 | -100.0% |
| Financial debts | 170/4 | €5,248 | €0 | -€5,248 | -100.0% |
| Amounts payable within one year | 42/48 | €58,928 | €44,002 | -€14,926 | -25.3% |
| Current portion of amounts payable after more than one year | 42 | €4,593 | €6,490 | +€1,898 | +41.3% |
| Trade debts | 44 | €160 | €2,122 | +€1,961 | +1223.2% |
| Suppliers | 440/4 | €160 | €2,122 | +€1,961 | +1223.2% |
| Taxes, remuneration and social security | 45 | €16,139 | €16,411 | +€272 | +1.7% |
| Taxes | 450/3 | €16,139 | €16,411 | +€272 | +1.7% |
| Other amounts payable | 47/48 | €38,036 | €18,979 | -€19,057 | -50.1% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Non-recurring operating income | 76A | - | €7,537 | +€7,537 | |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,570 | €5,142 | -€3,428 | -40.0% |
| Other operating charges | 640/8 | €571 | €465 | -€106 | -18.5% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €29,129 | €34,212 | +€5,083 | +17.5% |
| Operating profit (loss) | 9901 | €19,988 | €28,605 | +€8,617 | +43.1% |
| Financial income | 75/76B | €32 | €1 | -€31 | -98.1% |
| Recurring financial income | 75 | €32 | €1 | -€31 | -98.1% |
| Financial charges | 65/66B | €1,452 | €501 | -€950 | -65.5% |
| Recurring financial charges | 65 | €1,452 | €501 | -€950 | -65.5% |
| Profit (loss) for the period before taxes | 9903 | €18,568 | €28,104 | +€9,536 | +51.4% |
| Income taxes | 67/77 | €11,312 | €9,360 | -€1,953 | -17.3% |
| Profit (loss) for the period | 9904 | €7,255 | €18,744 | +€11,489 | +158.3% |
| Profit (loss) for the period to be appropriated | 9905 | €7,255 | €18,744 | +€11,489 | +158.3% |
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.