EMRIQ: 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.
EMRIQ
Largest movements
- Cash -€50,983
down €50,983 (-46.7%), from €109,192 to €58,209
mainly Contributions, distributions and other (-€40,881) and Net result for the year (-€22,573)
- Tangible fixed assets -€6,350
down €6,350 (-7.6%), from €83,774 to €77,424
of which Plant, machinery and equipment: -€5,812
- Deferred charges and accrued income -€2,971
down €2,971 (-83.4%), from €3,561 to €590
- Reserves -€40,881
down €40,881 (-36.5%), from €112,149 to €71,267
of which Tax-exempt reserves: -€97,756
- Profit (loss) carried forward -€22,573
down €22,573 (-41.6%), from €54,286 to €31,714
- Other debts +€2,395
up €2,395 (+2037.2%), from €118 to €2,512
- Gross operating margin -€34,540
down €34,540, from €24,486 to -€10,054
- Taxes -€4,964
no longer reported in 2025 (was €4,964)
- Financial income -€1,032
no longer reported in 2025 (was €1,032)
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 | €196,562 | €136,258 | -€60,304 | -30.7% |
| Fixed assets | 21/28 | €83,774 | €77,424 | -€6,350 | -7.6% |
| Tangible fixed assets | 22/27 | €83,774 | €77,424 | -€6,350 | -7.6% |
| Land and buildings | 22 | €56,560 | €56,022 | -€538 | -1.0% |
| Plant, machinery and equipment | 23 | €27,214 | €21,402 | -€5,812 | -21.4% |
| Current assets | 29/58 | €112,788 | €58,834 | -€53,954 | -47.8% |
| Amounts receivable within one year | 40/41 | €36 | €36 | = | 0.0% |
| Other amounts receivable | 41 | €36 | €36 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €109,192 | €58,209 | -€50,983 | -46.7% |
| Deferred charges and accrued income | 490/1 | €3,561 | €590 | -€2,971 | -83.4% |
| Total equity and liabilities | 10/49 | €196,562 | €136,258 | -€60,304 | -30.7% |
| Equity | 10/15 | €196,421 | €132,967 | -€63,454 | -32.3% |
| Contributions | 10/11 | €29,985 | €29,985 | = | 0.0% |
| Reserves | 13 | €112,149 | €71,267 | -€40,881 | -36.5% |
| Non-distributable reserves | 130/1 | €2,999 | €2,999 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,999 | €2,999 | = | 0.0% |
| Tax-exempt reserves | 132 | €97,756 | - | -€97,756 | |
| Distributable reserves | 133 | €11,395 | €68,269 | +€56,874 | +499.1% |
| Profit (loss) carried forward | 14 | €54,286 | €31,714 | -€22,573 | -41.6% |
| Amounts payable | 17/49 | €142 | €3,291 | +€3,150 | +2221.8% |
| Amounts payable within one year | 42/48 | €142 | €3,291 | +€3,150 | +2221.8% |
| Trade debts | 44 | €24 | €779 | +€755 | +3118.8% |
| Suppliers | 440/4 | €24 | €779 | +€755 | +3118.8% |
| Other amounts payable | 47/48 | €118 | €2,512 | +€2,395 | +2037.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,350 | €6,350 | = | 0.0% |
| Other operating charges | 640/8 | €3,523 | €3,624 | +€101 | +2.9% |
| Non-recurring operating charges | 66A | - | €2,500 | +€2,500 | |
| Gross operating margin | 9900 | €24,486 | -€10,054 | -€34,540 | |
| Operating profit (loss) | 9901 | €14,614 | -€22,528 | -€37,141 | |
| Financial income | 75/76B | €1,032 | - | -€1,032 | |
| Recurring financial income | 75 | €1,032 | - | -€1,032 | |
| Financial charges | 65/66B | €44 | €45 | +€2 | +3.4% |
| Recurring financial charges | 65 | €44 | €45 | +€2 | +3.4% |
| Profit (loss) for the period before taxes | 9903 | €15,602 | -€22,573 | -€38,174 | |
| Income taxes | 67/77 | €4,964 | - | -€4,964 | |
| Profit (loss) for the period | 9904 | €10,638 | -€22,573 | -€33,210 | |
| Profit (loss) for the period to be appropriated | 9905 | €10,638 | -€22,573 | -€33,210 |
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 7 October 2026 via checked.be.