Ems Dynasty: 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 Dynasty
Largest movements
- Receivables within one year +€2,413
up €2,413 (+140%), from €1,727 to €4,140
of which Trade receivables: +€3,146
- Cash +€2,237
up €2,237 (+2,395%), from €93 to €2,331
mainly Net result for the year (+€29,166) and Other debts (+€3,464)
- Debts after one year -€30,084
down €30,084 (-31.5%), from €95,487 to €65,404
- Reserves +€29,166
up €29,166 (+116%), from €25,223 to €54,389
- Other debts +€3,464
up €3,464 (+9.3%), from €37,406 to €40,871
- Gross operating margin +€3,478
up €3,478 (+7.9%), from €44,016 to €47,494
- Taxes +€1,233
up €1,233 (+12.3%), from €9,999 to €11,232
- Financial charges -€993
down €993 (-13.1%), from €7,574 to €6,580
- Other operating charges -€704
down €704 (-57.7%), from €1,220 to €516
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 | €190,603 | €195,224 | +€4,621 | +2.4% |
| Fixed assets | 21/28 | €188,753 | €188,753 | = | 0.0% |
| Financial fixed assets | 28 | €188,753 | €188,753 | = | 0.0% |
| Current assets | 29/58 | €1,850 | €6,471 | +€4,621 | +250% |
| Amounts receivable within one year | 40/41 | €1,727 | €4,140 | +€2,413 | +140% |
| Trade receivables | 40 | €726 | €3,872 | +€3,146 | +433% |
| Other amounts receivable | 41 | €1,001 | €268 | -€733 | -73.2% |
| Cash at bank and in hand | 54/58 | €93 | €2,331 | +€2,237 | +2,395% |
| Deferred charges and accrued income | 490/1 | €30 | €0 | -€30 | -100% |
| Total equity and liabilities | 10/49 | €190,603 | €195,224 | +€4,621 | +2.4% |
| Equity | 10/15 | €26,723 | €55,889 | +€29,166 | +109% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Reserves | 13 | €25,223 | €54,389 | +€29,166 | +116% |
| Distributable reserves | 133 | €25,223 | €54,389 | +€29,166 | +116% |
| Amounts payable | 17/49 | €163,880 | €139,335 | -€24,545 | -15.0% |
| Amounts payable after more than one year | 17 | €95,487 | €65,404 | -€30,084 | -31.5% |
| Financial debts | 170/4 | €95,487 | €65,404 | -€30,084 | -31.5% |
| Amounts payable within one year | 42/48 | €68,102 | €73,541 | +€5,440 | +8.0% |
| Current portion of amounts payable after more than one year | 42 | €28,722 | €30,084 | +€1,362 | +4.7% |
| Trade debts | 44 | - | €490 | +€490 | |
| Suppliers | 440/4 | - | €490 | +€490 | |
| Taxes, remuneration and social security | 45 | €1,973 | €2,096 | +€123 | +6.2% |
| Taxes | 450/3 | €1,973 | €2,096 | +€123 | +6.2% |
| Other amounts payable | 47/48 | €37,406 | €40,871 | +€3,464 | +9.3% |
| Accrued charges and deferred income | 492/3 | €291 | €390 | +€99 | +34.2% |
| Other operating charges | 640/8 | €1,220 | €516 | -€704 | -57.7% |
| Gross operating margin | 9900 | €44,016 | €47,494 | +€3,478 | +7.9% |
| Operating profit (loss) | 9901 | €42,796 | €46,978 | +€4,181 | +9.8% |
| Financial charges | 65/66B | €7,574 | €6,580 | -€993 | -13.1% |
| Recurring financial charges | 65 | €7,574 | €6,580 | -€993 | -13.1% |
| Profit (loss) for the period before taxes | 9903 | €35,222 | €40,397 | +€5,175 | +14.7% |
| Income taxes | 67/77 | €9,999 | €11,232 | +€1,233 | +12.3% |
| Profit (loss) for the period | 9904 | €25,223 | €29,166 | +€3,942 | +15.6% |
| Profit (loss) for the period to be appropriated | 9905 | €25,223 | €29,166 | +€3,942 | +15.6% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.