Emsol: 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.
Emsol
Largest movements
- Tangible fixed assets +€32,584
up €32,584 (+64.9%), from €50,201 to €82,785
of which Furniture and vehicles: +€35,655
- Financial fixed assets +€9,000
up €9,000 (+6666.7%), from €135 to €9,135
- Receivables within one year +€8,340
up €8,340 (+128.8%), from €6,476 to €14,815
of which Trade receivables: +€6,053
- Deferred charges and accrued income -€4,018
down €4,018 (-87.6%), from €4,589 to €571
- Other debts +€22,336
up €22,336 (+63.0%), from €35,451 to €57,786
- Profit (loss) carried forward +€15,160
up €15,160 (+71.2%), from €21,281 to €36,440
- Trade debts +€5,432
up €5,432 (+420.9%), from €1,290 to €6,723
- Tax, wage and social debts +€3,310
up €3,310 (+83.0%), from €3,989 to €7,300
- Gross operating margin +€15,390
up €15,390 (+78.0%), from €19,733 to €35,123
- Depreciation +€10,743
up €10,743 (+215.2%), from €4,991 to €15,734
- Taxes +€1,150
up €1,150 (+37.4%), from €3,075 to €4,225
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 | €64,512 | €110,749 | +€46,238 | +71.7% |
| Fixed assets | 21/28 | €50,336 | €91,920 | +€41,584 | +82.6% |
| Tangible fixed assets | 22/27 | €50,201 | €82,785 | +€32,584 | +64.9% |
| Plant, machinery and equipment | 23 | €5,460 | €2,389 | -€3,071 | -56.2% |
| Furniture and vehicles | 24 | €44,741 | €80,396 | +€35,655 | +79.7% |
| Financial fixed assets | 28 | €135 | €9,135 | +€9,000 | +6666.7% |
| Current assets | 29/58 | €14,176 | €18,829 | +€4,654 | +32.8% |
| Stocks and contracts in progress | 3 | €200 | €200 | = | 0.0% |
| Stocks | 30/36 | €200 | €200 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €6,476 | €14,815 | +€8,340 | +128.8% |
| Trade receivables | 40 | €6,476 | €12,529 | +€6,053 | +93.5% |
| Other amounts receivable | 41 | - | €2,287 | +€2,287 | |
| Cash at bank and in hand | 54/58 | €2,911 | €3,243 | +€332 | +11.4% |
| Deferred charges and accrued income | 490/1 | €4,589 | €571 | -€4,018 | -87.6% |
| Total equity and liabilities | 10/49 | €64,512 | €110,749 | +€46,238 | +71.7% |
| Equity | 10/15 | €23,781 | €38,940 | +€15,160 | +63.7% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Contributions outside capital | 11 | €2,500 | €2,500 | = | 0.0% |
| Share premium | 1100/10 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €21,281 | €36,440 | +€15,160 | +71.2% |
| Amounts payable | 17/49 | €40,731 | €71,809 | +€31,078 | +76.3% |
| Amounts payable within one year | 42/48 | €40,731 | €71,809 | +€31,078 | +76.3% |
| Trade debts | 44 | €1,290 | €6,723 | +€5,432 | +420.9% |
| Suppliers | 440/4 | €1,290 | €6,723 | +€5,432 | +420.9% |
| Taxes, remuneration and social security | 45 | €3,989 | €7,300 | +€3,310 | +83.0% |
| Taxes | 450/3 | €3,989 | €7,300 | +€3,310 | +83.0% |
| Other amounts payable | 47/48 | €35,451 | €57,786 | +€22,336 | +63.0% |
| Non-recurring operating income | 76A | €270 | €129 | -€141 | -52.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,991 | €15,734 | +€10,743 | +215.2% |
| Other operating charges | 640/8 | €118 | €120 | +€2 | +1.7% |
| Gross operating margin | 9900 | €19,733 | €35,123 | +€15,390 | +78.0% |
| Operating profit (loss) | 9901 | €14,624 | €19,269 | +€4,645 | +31.8% |
| Financial income | 75/76B | €441 | €165 | -€277 | -62.7% |
| Recurring financial income | 75 | €441 | €165 | -€277 | -62.7% |
| Financial charges | 65/66B | €44 | €49 | +€5 | +12.4% |
| Recurring financial charges | 65 | €44 | €49 | +€5 | +12.4% |
| Profit (loss) for the period before taxes | 9903 | €15,022 | €19,384 | +€4,363 | +29.0% |
| Income taxes | 67/77 | €3,075 | €4,225 | +€1,150 | +37.4% |
| Profit (loss) for the period | 9904 | €11,947 | €15,160 | +€3,213 | +26.9% |
| Profit (loss) for the period to be appropriated | 9905 | €11,947 | €15,160 | +€3,213 | +26.9% |
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 12 October 2026 via checked.be.