Emsolut: 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.
Emsolut
Largest movements
- Cash +€26,323
up €26,323 (+99.6%), from €26,423 to €52,746
mainly Net result for the year (+€33,857) and Depreciation (+€2,925)
- Receivables within one year +€9,135
up €9,135 (+528.2%), from €1,729 to €10,864
of which Trade receivables: +€8,269
- Tangible fixed assets -€2,925
down €2,925 (-46.4%), from €6,309 to €3,385
- Reserves +€33,900
up €33,900 (+125.6%), from €27,000 to €60,900
- Trade debts -€989
down €989 (-65.1%), from €1,520 to €531
- Gross operating margin +€8,800
up €8,800 (+22.9%), from €38,453 to €47,253
- Taxes +€1,549
up €1,549 (+19.9%), from €7,773 to €9,321
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 | €34,939 | €67,430 | +€32,491 | +93.0% |
| Fixed assets | 21/28 | €6,309 | €3,385 | -€2,925 | -46.4% |
| Tangible fixed assets | 22/27 | €6,309 | €3,385 | -€2,925 | -46.4% |
| Furniture and vehicles | 24 | €6,309 | €3,385 | -€2,925 | -46.4% |
| Current assets | 29/58 | €28,630 | €64,046 | +€35,416 | +123.7% |
| Amounts receivable within one year | 40/41 | €1,729 | €10,864 | +€9,135 | +528.2% |
| Trade receivables | 40 | €1,600 | €9,869 | +€8,269 | +516.8% |
| Other amounts receivable | 41 | €129 | €995 | +€866 | +669.4% |
| Cash at bank and in hand | 54/58 | €26,423 | €52,746 | +€26,323 | +99.6% |
| Deferred charges and accrued income | 490/1 | €478 | €436 | -€42 | -8.8% |
| Total equity and liabilities | 10/49 | €34,939 | €67,430 | +€32,491 | +93.0% |
| Equity | 10/15 | €28,058 | €61,915 | +€33,857 | +120.7% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €27,000 | €60,900 | +€33,900 | +125.6% |
| Distributable reserves | 133 | €27,000 | €60,900 | +€33,900 | +125.6% |
| Profit (loss) carried forward | 14 | €58 | €15 | -€43 | -74.4% |
| Amounts payable | 17/49 | €6,881 | €5,516 | -€1,365 | -19.8% |
| Amounts payable within one year | 42/48 | €6,881 | €5,516 | -€1,365 | -19.8% |
| Trade debts | 44 | €1,520 | €531 | -€989 | -65.1% |
| Suppliers | 440/4 | €1,520 | €531 | -€989 | -65.1% |
| Taxes, remuneration and social security | 45 | €5,234 | €4,985 | -€249 | -4.8% |
| Taxes | 450/3 | €5,234 | €4,985 | -€249 | -4.8% |
| Other amounts payable | 47/48 | €127 | €0 | -€127 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,465 | €2,925 | +€460 | +18.7% |
| Other operating charges | 640/8 | €1,160 | €1,036 | -€124 | -10.7% |
| Gross operating margin | 9900 | €38,453 | €47,253 | +€8,800 | +22.9% |
| Operating profit (loss) | 9901 | €34,829 | €43,292 | +€8,464 | +24.3% |
| Financial income | 75/76B | €2 | €6 | +€4 | +185.2% |
| Recurring financial income | 75 | €2 | €6 | +€4 | +185.2% |
| Financial charges | 65/66B | - | €120 | +€120 | |
| Recurring financial charges | 65 | - | €120 | +€120 | |
| Profit (loss) for the period before taxes | 9903 | €34,831 | €43,178 | +€8,348 | +24.0% |
| Income taxes | 67/77 | €7,773 | €9,321 | +€1,549 | +19.9% |
| Profit (loss) for the period | 9904 | €27,058 | €33,857 | +€6,799 | +25.1% |
| Profit (loss) for the period to be appropriated | 9905 | €27,058 | €33,857 | +€6,799 | +25.1% |
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 8 October 2026 via checked.be.