EMTECH Engineering: 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.
EMTECH Engineering
Largest movements
- Cash +€23,134
up €23,134 (+83.7%), from €27,629 to €50,763
mainly Other debts (+€85,165) and Net result for the year (+€28,673)
- Receivables within one year -€4,819
down €4,819 (-15.4%), from €31,335 to €26,516
of which Trade receivables: -€4,815
- Other debts +€85,165
up €85,165 (+3662.5%), from €2,325 to €87,491
- Profit (loss) carried forward -€56,736
down €56,736 (-40.2%), from €141,279 to €84,542
- Debts after one year -€9,807
down €9,807 (-6.3%), from €156,730 to €146,923
- Tax, wage and social debts -€5,922
down €5,922 (-34.6%), from €17,131 to €11,210
of which Taxes: -€5,922
- Gross operating margin -€8,216
down €8,216 (-13.5%), from €60,968 to €52,752
- Taxes -€2,195
down €2,195 (-16.6%), from €13,240 to €11,045
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 | €340,033 | €353,946 | +€13,913 | +4.1% |
| Fixed assets | 21/28 | €276,180 | €273,839 | -€2,342 | -0.8% |
| Tangible fixed assets | 22/27 | €276,180 | €273,839 | -€2,342 | -0.8% |
| Land and buildings | 22 | €61,782 | €273,839 | +€212,056 | +343.2% |
| Furniture and vehicles | 24 | €35 | €0 | -€35 | -100.0% |
| Leasing and similar rights | 25 | €0 | - | = | |
| Assets under construction and advance payments | 27 | €214,364 | €0 | -€214,364 | -100.0% |
| Current assets | 29/58 | €63,853 | €80,107 | +€16,254 | +25.5% |
| Amounts receivable within one year | 40/41 | €31,335 | €26,516 | -€4,819 | -15.4% |
| Trade receivables | 40 | €31,330 | €26,515 | -€4,815 | -15.4% |
| Other amounts receivable | 41 | €5 | €1 | -€4 | -76.3% |
| Cash at bank and in hand | 54/58 | €27,629 | €50,763 | +€23,134 | +83.7% |
| Deferred charges and accrued income | 490/1 | €4,890 | €2,829 | -€2,061 | -42.1% |
| Total equity and liabilities | 10/49 | €340,033 | €353,946 | +€13,913 | +4.1% |
| Equity | 10/15 | €151,279 | €94,542 | -€56,736 | -37.5% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €141,279 | €84,542 | -€56,736 | -40.2% |
| Amounts payable | 17/49 | €188,755 | €259,404 | +€70,649 | +37.4% |
| Amounts payable after more than one year | 17 | €156,730 | €146,923 | -€9,807 | -6.3% |
| Financial debts | 170/4 | €156,730 | €146,923 | -€9,807 | -6.3% |
| Amounts payable within one year | 42/48 | €31,413 | €111,907 | +€80,494 | +256.2% |
| Current portion of amounts payable after more than one year | 42 | €10,167 | €10,606 | +€439 | +4.3% |
| Trade debts | 44 | €1,789 | €2,601 | +€812 | +45.4% |
| Suppliers | 440/4 | €1,789 | €2,601 | +€812 | +45.4% |
| Taxes, remuneration and social security | 45 | €17,131 | €11,210 | -€5,922 | -34.6% |
| Taxes | 450/3 | €15,136 | €9,215 | -€5,922 | -39.1% |
| Remuneration and social security | 454/9 | €1,995 | €1,995 | = | 0.0% |
| Other amounts payable | 47/48 | €2,325 | €87,491 | +€85,165 | +3662.5% |
| Accrued charges and deferred income | 492/3 | €612 | €574 | -€38 | -6.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,488 | €4,943 | +€455 | +10.1% |
| Other operating charges | 640/8 | €894 | €717 | -€178 | -19.9% |
| Gross operating margin | 9900 | €60,968 | €52,752 | -€8,216 | -13.5% |
| Operating profit (loss) | 9901 | €55,585 | €47,092 | -€8,493 | -15.3% |
| Financial income | 75/76B | €0 | €0 | = | 0.0% |
| Recurring financial income | 75 | €0 | €0 | = | 0.0% |
| Financial charges | 65/66B | €7,940 | €7,375 | -€565 | -7.1% |
| Recurring financial charges | 65 | €7,940 | €7,375 | -€565 | -7.1% |
| Profit (loss) for the period before taxes | 9903 | €47,646 | €39,717 | -€7,928 | -16.6% |
| Income taxes | 67/77 | €13,240 | €11,045 | -€2,195 | -16.6% |
| Profit (loss) for the period | 9904 | €34,406 | €28,673 | -€5,733 | -16.7% |
| Profit (loss) for the period to be appropriated | 9905 | €34,406 | €28,673 | -€5,733 | -16.7% |
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 30 September 2026 via checked.be.