EMS CHAUFFAGE: 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.
EMS CHAUFFAGE
Largest movements
- Cash +€39,654
up €39,654 (+113%), from €35,247 to €74,901
mainly Depreciation (+€23,822) and Trade debts (+€23,530)
- Tangible fixed assets -€14,572
down €14,572 (-48.6%), from €29,997 to €15,425
of which Furniture and vehicles: -€9,372
- Receivables within one year +€9,217
up €9,217 (+35.2%), from €26,187 to €35,404
of which Other amounts receivable: +€7,338
- Intangible fixed assets -€7,550
down €7,550 (-21.5%), from €35,164 to €27,614
- Trade debts +€23,530
up €23,530 (+2,725%), from €863 to €24,393
- Tax, wage and social debts +€10,547
up €10,547 (+322%), from €3,280 to €13,827
of which Taxes: +€13,827
- Current portion of long-term debt -€7,359
no longer reported in 2025 (was €7,359)
- Accrued charges and deferred income +€3,033
new in 2025: €3,033
- Profit (loss) carried forward -€2,521
down €2,521 (-4.2%), from €60,639 to €58,118
- Gross operating margin -€23,209
down €23,209 (-50.7%), from €45,772 to €22,563
- Depreciation +€9,398
up €9,398 (+65.2%), from €14,424 to €23,822
- Taxes -€6,836
down €6,836, from €6,825 to -€11
- Staff costs +€1,332
new in 2025: €1,332
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 | €126,607 | €153,357 | +€26,750 | +21.1% |
| Fixed assets | 21/28 | €65,161 | €43,039 | -€22,122 | -34.0% |
| Intangible fixed assets | 21 | €35,164 | €27,614 | -€7,550 | -21.5% |
| Tangible fixed assets | 22/27 | €29,997 | €15,425 | -€14,572 | -48.6% |
| Plant, machinery and equipment | 23 | €6,302 | €1,102 | -€5,200 | -82.5% |
| Furniture and vehicles | 24 | €23,695 | €14,323 | -€9,372 | -39.6% |
| Current assets | 29/58 | €61,446 | €110,318 | +€48,872 | +79.5% |
| Amounts receivable within one year | 40/41 | €26,187 | €35,404 | +€9,217 | +35.2% |
| Trade receivables | 40 | €10,510 | €12,389 | +€1,879 | +17.9% |
| Other amounts receivable | 41 | €15,677 | €23,015 | +€7,338 | +46.8% |
| Cash at bank and in hand | 54/58 | €35,247 | €74,901 | +€39,654 | +113% |
| Deferred charges and accrued income | 490/1 | €12 | €13 | +€1 | +4.8% |
| Total equity and liabilities | 10/49 | €126,607 | €153,357 | +€26,750 | +21.1% |
| Equity | 10/15 | €85,639 | €83,118 | -€2,521 | -2.9% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Contributions outside capital | 11 | - | €5,000 | +€5,000 | |
| Other | 1109/19 | - | €5,000 | +€5,000 | |
| Reserves | 13 | €20,000 | €20,000 | = | 0.0% |
| Distributable reserves | 133 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €60,639 | €58,118 | -€2,521 | -4.2% |
| Amounts payable | 17/49 | €40,968 | €70,239 | +€29,271 | +71.4% |
| Amounts payable after more than one year | 17 | €8,294 | €8,294 | +€0 | 0.0% |
| Financial debts | 170/4 | €8,294 | €8,294 | +€0 | 0.0% |
| Amounts payable within one year | 42/48 | €32,674 | €58,912 | +€26,238 | +80.3% |
| Current portion of amounts payable after more than one year | 42 | €7,359 | - | -€7,359 | |
| Trade debts | 44 | €863 | €24,393 | +€23,530 | +2,725% |
| Suppliers | 440/4 | €863 | €24,393 | +€23,530 | +2,725% |
| Taxes, remuneration and social security | 45 | €3,280 | €13,827 | +€10,547 | +322% |
| Taxes | 450/3 | - | €13,827 | +€13,827 | |
| Remuneration and social security | 454/9 | €3,280 | - | -€3,280 | |
| Other amounts payable | 47/48 | €21,172 | €20,692 | -€480 | -2.3% |
| Accrued charges and deferred income | 492/3 | - | €3,033 | +€3,033 | |
| Remuneration, social security and pensions | 62 | - | €1,332 | +€1,332 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,424 | €23,822 | +€9,398 | +65.2% |
| Other operating charges | 640/8 | €331 | €195 | -€136 | -41.1% |
| Gross operating margin | 9900 | €45,772 | €22,563 | -€23,209 | -50.7% |
| Operating profit (loss) | 9901 | €31,017 | -€2,786 | -€33,803 | |
| Financial income | 75/76B | €849 | €984 | +€135 | +15.9% |
| Recurring financial income | 75 | €849 | €984 | +€135 | +15.9% |
| Financial charges | 65/66B | €890 | €730 | -€160 | -18.0% |
| Recurring financial charges | 65 | €890 | €730 | -€160 | -18.0% |
| Profit (loss) for the period before taxes | 9903 | €30,976 | -€2,532 | -€33,508 | |
| Income taxes | 67/77 | €6,825 | -€11 | -€6,836 | |
| Profit (loss) for the period | 9904 | €24,151 | -€2,521 | -€26,672 | |
| Profit (loss) for the period to be appropriated | 9905 | €24,151 | -€2,521 | -€26,672 |
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 16 October 2026 via checked.be.