EMTI: 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.
EMTI
Largest movements
- Tangible fixed assets -€51,216
down €51,216 (-10.0%), from €512,093 to €460,877
- Receivables within one year +€18,456
up €18,456 (+24.2%), from €76,295 to €94,750
of which Other amounts receivable: +€91,535
- Profit (loss) carried forward -€63,678
down €63,678, from €61,414 to -€2,264
- Trade debts +€33,644
up €33,644 (+178.9%), from €18,807 to €52,451
- Debts after one year -€29,077
down €29,077 (-11.8%), from €247,375 to €218,298
- Tax, wage and social debts +€24,967
up €24,967 (+81.3%), from €30,692 to €55,658
of which Taxes: +€22,605
- Short-term financial debts +€11,947
new in 2024: €11,947
- Gross operating margin -€141,847
down €141,847 (-69.2%), from €204,907 to €63,061
- Other operating charges +€25,912
up €25,912 (+863.9%), from €3,000 to €28,912
- Taxes -€22,707
no longer reported in 2024 (was €22,707)
- Financial charges -€5,608
down €5,608 (-47.6%), from €11,792 to €6,184
- Depreciation +€2,527
up €2,527 (+8.5%), from €29,617 to €32,145
From the 31-12-2023 result to the 31-12-2024 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
Derived from the 31-12-2023 and 31-12-2024 balance sheets and the 31-12-2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 31-12-2023 | 31-12-2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €592,013 | €557,461 | -€34,553 | -5.8% |
| Fixed assets | 21/28 | €512,143 | €460,927 | -€51,216 | -10.0% |
| Tangible fixed assets | 22/27 | €512,093 | €460,877 | -€51,216 | -10.0% |
| Land and buildings | 22 | €440,120 | €419,264 | -€20,856 | -4.7% |
| Plant, machinery and equipment | 23 | €13,270 | €9,086 | -€4,184 | -31.5% |
| Furniture and vehicles | 24 | €27,372 | €6,357 | -€21,015 | -76.8% |
| Other tangible fixed assets | 26 | €31,331 | €26,171 | -€5,160 | -16.5% |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €79,870 | €96,533 | +€16,663 | +20.9% |
| Amounts receivable within one year | 40/41 | €76,295 | €94,750 | +€18,456 | +24.2% |
| Trade receivables | 40 | €76,268 | €3,188 | -€73,080 | -95.8% |
| Other amounts receivable | 41 | €27 | €91,562 | +€91,535 | +338894.3% |
| Cash at bank and in hand | 54/58 | €1,931 | €0 | -€1,931 | -100.0% |
| Deferred charges and accrued income | 490/1 | €1,644 | €1,783 | +€139 | +8.4% |
| Total equity and liabilities | 10/49 | €592,013 | €557,461 | -€34,553 | -5.8% |
| Equity | 10/15 | €82,377 | €18,699 | -€63,678 | -77.3% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €963 | €963 | = | 0.0% |
| Distributable reserves | 133 | €963 | €963 | = | 0.0% |
| Profit (loss) carried forward | 14 | €61,414 | -€2,264 | -€63,678 | |
| Amounts payable | 17/49 | €509,637 | €538,762 | +€29,125 | +5.7% |
| Amounts payable after more than one year | 17 | €247,375 | €218,298 | -€29,077 | -11.8% |
| Financial debts | 170/4 | €247,375 | €218,298 | -€29,077 | -11.8% |
| Amounts payable within one year | 42/48 | €262,262 | €320,464 | +€58,202 | +22.2% |
| Current portion of amounts payable after more than one year | 42 | €51,163 | €46,642 | -€4,521 | -8.8% |
| Financial debts | 43 | - | €11,947 | +€11,947 | |
| Credit institutions | 430/8 | - | €11,947 | +€11,947 | |
| Trade debts | 44 | €18,807 | €52,451 | +€33,644 | +178.9% |
| Suppliers | 440/4 | €18,807 | €52,451 | +€33,644 | +178.9% |
| Taxes, remuneration and social security | 45 | €30,692 | €55,658 | +€24,967 | +81.3% |
| Taxes | 450/3 | €24,876 | €47,481 | +€22,605 | +90.9% |
| Remuneration and social security | 454/9 | €5,816 | €8,177 | +€2,362 | +40.6% |
| Other amounts payable | 47/48 | €161,600 | €153,766 | -€7,834 | -4.8% |
| Remuneration, social security and pensions | 62 | €56,935 | €58,298 | +€1,363 | +2.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29,617 | €32,145 | +€2,527 | +8.5% |
| Other operating charges | 640/8 | €3,000 | €28,912 | +€25,912 | +863.9% |
| Non-recurring operating charges | 66A | - | €1,200 | +€1,200 | |
| Gross operating margin | 9900 | €204,907 | €63,061 | -€141,847 | -69.2% |
| Operating profit (loss) | 9901 | €115,355 | -€57,493 | -€172,849 | |
| Financial charges | 65/66B | €11,792 | €6,184 | -€5,608 | -47.6% |
| Recurring financial charges | 65 | €11,792 | €6,184 | -€5,608 | -47.6% |
| Profit (loss) for the period before taxes | 9903 | €103,563 | -€63,678 | -€167,241 | |
| Income taxes | 67/77 | €22,707 | - | -€22,707 | |
| Profit (loss) for the period | 9904 | €80,856 | -€63,678 | -€144,534 | |
| Profit (loss) for the period to be appropriated | 9905 | €80,856 | -€63,678 | -€144,534 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.