EMS SERVICES: 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 SERVICES
Largest movements
- Receivables within one year +€26,635
up €26,635 (+22.2%), from €120,042 to €146,677
of which Other amounts receivable: +€28,839
- Financial fixed assets -€7,100
down €7,100 (-52.2%), from €13,600 to €6,500
- Cash -€6,622
down €6,622 (-77.1%), from €8,588 to €1,966
- Tangible fixed assets -€3,825
down €3,825 (-6.9%), from €55,243 to €51,418
of which Leasing and similar rights: -€11,083
- Trade debts +€74,410
up €74,410 (+105.9%), from €70,261 to €144,672
- Debts after one year -€20,200
no longer reported in 2024 (was €20,200)
- Current portion of long-term debt -€18,752
no longer reported in 2024 (was €18,752)
- Other debts -€18,686
down €18,686 (-72.4%), from €25,812 to €7,126
- Tax, wage and social debts -€15,452
down €15,452 (-40.7%), from €37,955 to €22,503
of which Taxes: -€21,589
- Turnover +€644,692
new in 2024: €644,692
- Purchases and services +€426,928
new in 2024: €426,928
- Staff costs +€90,672
up €90,672 (+99.9%), from €90,755 to €181,427
- Gross operating margin +€84,647
up €84,647 (+55.1%), from €153,674 to €238,321
- Other operating charges +€10,109
up €10,109 (+271.8%), from €3,720 to €13,829
From the 2023 result to the 2024 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
A cash bridge needs two consecutive financial years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €199,488 | €208,577 | +€9,089 | +4.6% |
| Fixed assets | 21/28 | €68,843 | €57,918 | -€10,925 | -15.9% |
| Tangible fixed assets | 22/27 | €55,243 | €51,418 | -€3,825 | -6.9% |
| Plant, machinery and equipment | 23 | €8,103 | €5,550 | -€2,553 | -31.5% |
| Furniture and vehicles | 24 | €23,126 | €32,938 | +€9,812 | +42.4% |
| Leasing and similar rights | 25 | €24,014 | €12,931 | -€11,083 | -46.2% |
| Financial fixed assets | 28 | €13,600 | €6,500 | -€7,100 | -52.2% |
| Current assets | 29/58 | €130,645 | €150,658 | +€20,013 | +15.3% |
| Stocks and contracts in progress | 3 | €2,015 | €2,015 | = | 0.0% |
| Stocks | 30/36 | €2,015 | €2,015 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €120,042 | €146,677 | +€26,635 | +22.2% |
| Trade receivables | 40 | €89,137 | €86,933 | -€2,204 | -2.5% |
| Other amounts receivable | 41 | €30,905 | €59,744 | +€28,839 | +93.3% |
| Cash at bank and in hand | 54/58 | €8,588 | €1,966 | -€6,622 | -77.1% |
| Total equity and liabilities | 10/49 | €199,488 | €208,577 | +€9,089 | +4.6% |
| Equity | 10/15 | €26,508 | €34,276 | +€7,768 | +29.3% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Capital | 10 | €3,000 | €3,000 | = | 0.0% |
| Issued capital | 100 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €23,508 | €31,276 | +€7,768 | +33.0% |
| Non-distributable reserves | 130/1 | €300 | €300 | = | 0.0% |
| Legal reserve | 130 | €300 | €300 | = | 0.0% |
| Distributable reserves | 133 | €23,208 | €30,976 | +€7,768 | +33.5% |
| Amounts payable | 17/49 | €172,981 | €174,301 | +€1,320 | +0.8% |
| Amounts payable after more than one year | 17 | €20,200 | - | -€20,200 | |
| Financial debts | 170/4 | €20,200 | - | -€20,200 | |
| Amounts payable within one year | 42/48 | €152,780 | €174,301 | +€21,521 | +14.1% |
| Current portion of amounts payable after more than one year | 42 | €18,752 | - | -€18,752 | |
| Trade debts | 44 | €70,261 | €144,672 | +€74,410 | +105.9% |
| Suppliers | 440/4 | €70,261 | €144,672 | +€74,410 | +105.9% |
| Taxes, remuneration and social security | 45 | €37,955 | €22,503 | -€15,452 | -40.7% |
| Taxes | 450/3 | €36,955 | €15,366 | -€21,589 | -58.4% |
| Remuneration and social security | 454/9 | €1,000 | €7,137 | +€6,137 | +613.7% |
| Other amounts payable | 47/48 | €25,812 | €7,126 | -€18,686 | -72.4% |
| Turnover | 70 | - | €644,692 | +€644,692 | |
| Non-recurring operating income | 76A | - | €28,341 | +€28,341 | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €426,928 | +€426,928 | |
| Remuneration, social security and pensions | 62 | €90,755 | €181,427 | +€90,672 | +99.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,992 | €24,926 | +€3,934 | +18.7% |
| Other operating charges | 640/8 | €3,720 | €13,829 | +€10,109 | +271.8% |
| Gross operating margin | 9900 | €153,674 | €238,321 | +€84,647 | +55.1% |
| Operating profit (loss) | 9901 | €38,207 | €18,139 | -€20,068 | -52.5% |
| Financial income | 75/76B | €409 | €1,202 | +€793 | +193.8% |
| Recurring financial income | 75 | €409 | €1,202 | +€793 | +193.8% |
| Financial charges | 65/66B | €11,631 | €5,469 | -€6,162 | -53.0% |
| Recurring financial charges | 65 | €4,976 | €5,469 | +€493 | +9.9% |
| Non-recurring financial charges | 66B | €6,655 | - | -€6,655 | |
| Profit (loss) for the period before taxes | 9903 | €26,986 | €13,872 | -€13,114 | -48.6% |
| Income taxes | 67/77 | €6,183 | €6,104 | -€78 | -1.3% |
| Profit (loss) for the period | 9904 | €20,804 | €7,768 | -€13,035 | -62.7% |
| Profit (loss) for the period to be appropriated | 9905 | €20,804 | €7,768 | -€13,035 | -62.7% |
Source: filed annual accounts (NBB), financial years ended 31 March 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.