EMTIC: 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.
EMTIC
Largest movements
- Tangible fixed assets -€12,022
down €12,022 (-28.3%), from €42,497 to €30,475
of which Furniture and vehicles: -€7,896
- Receivables within one year +€7,543
up €7,543 (+33.5%), from €22,519 to €30,062
of which Other amounts receivable: +€8,023
- Cash -€4,791
down €4,791 (-32.3%), from €14,841 to €10,051
mainly Debts after one year (-€10,914) and Receivables within one year (-€7,543)
- Debts after one year -€10,914
down €10,914 (-70.0%), from €15,589 to €4,675
- Tax, wage and social debts +€2,681
up €2,681 (+31.0%), from €8,648 to €11,328
of which Remuneration and social security: +€7,450
- Short-term financial debts +€2,040
new in 2025: €2,040
- Other debts -€1,887
no longer reported in 2025 (was €1,887)
- Reserves -€860
down €860 (-2.4%), from €35,550 to €34,690
of which Distributable reserves: -€860
- Gross operating margin -€3,789
down €3,789 (-14.0%), from €27,090 to €23,302
- Taxes -€1,000
down €1,000 (-18.3%), from €5,474 to €4,474
- Depreciation -€320
down €320 (-2.6%), from €12,342 to €12,022
- Financial income +€280
up €280 (+102.4%), from €274 to €554
- Financial charges -€280
down €280 (-16.5%), from €1,702 to €1,421
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 | €79,966 | €71,279 | -€8,687 | -10.9% |
| Fixed assets | 21/28 | €42,497 | €30,475 | -€12,022 | -28.3% |
| Tangible fixed assets | 22/27 | €42,497 | €30,475 | -€12,022 | -28.3% |
| Furniture and vehicles | 24 | €28,467 | €20,571 | -€7,896 | -27.7% |
| Other tangible fixed assets | 26 | €14,030 | €9,904 | -€4,126 | -29.4% |
| Current assets | 29/58 | €37,469 | €40,804 | +€3,335 | +8.9% |
| Amounts receivable within one year | 40/41 | €22,519 | €30,062 | +€7,543 | +33.5% |
| Trade receivables | 40 | €16,644 | €16,163 | -€481 | -2.9% |
| Other amounts receivable | 41 | €5,875 | €13,899 | +€8,023 | +136.6% |
| Cash at bank and in hand | 54/58 | €14,841 | €10,051 | -€4,791 | -32.3% |
| Deferred charges and accrued income | 490/1 | €109 | €692 | +€583 | +536.3% |
| Total equity and liabilities | 10/49 | €79,966 | €71,279 | -€8,687 | -10.9% |
| Equity | 10/15 | €42,323 | €41,473 | -€850 | -2.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €35,550 | €34,690 | -€860 | -2.4% |
| Non-distributable reserves | 130/1 | €1,000 | €1,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,000 | €1,000 | = | 0.0% |
| Distributable reserves | 133 | €34,550 | €33,690 | -€860 | -2.5% |
| Profit (loss) carried forward | 14 | €573 | €583 | +€10 | +1.7% |
| Amounts payable | 17/49 | €37,644 | €29,806 | -€7,837 | -20.8% |
| Amounts payable after more than one year | 17 | €15,589 | €4,675 | -€10,914 | -70.0% |
| Financial debts | 170/4 | €15,589 | €4,675 | -€10,914 | -70.0% |
| Amounts payable within one year | 42/48 | €22,055 | €25,132 | +€3,077 | +13.9% |
| Current portion of amounts payable after more than one year | 42 | €10,495 | €10,914 | +€419 | +4.0% |
| Financial debts | 43 | - | €2,040 | +€2,040 | |
| Credit institutions | 430/8 | - | €2,040 | +€2,040 | |
| Trade debts | 44 | €1,025 | €849 | -€176 | -17.1% |
| Suppliers | 440/4 | €1,025 | €849 | -€176 | -17.1% |
| Taxes, remuneration and social security | 45 | €8,648 | €11,328 | +€2,681 | +31.0% |
| Taxes | 450/3 | €8,648 | €3,879 | -€4,769 | -55.1% |
| Remuneration and social security | 454/9 | - | €7,450 | +€7,450 | |
| Other amounts payable | 47/48 | €1,887 | - | -€1,887 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,342 | €12,022 | -€320 | -2.6% |
| Other operating charges | 640/8 | €1,128 | €1,238 | +€110 | +9.8% |
| Gross operating margin | 9900 | €27,090 | €23,302 | -€3,789 | -14.0% |
| Operating profit (loss) | 9901 | €13,621 | €10,041 | -€3,579 | -26.3% |
| Financial income | 75/76B | €274 | €554 | +€280 | +102.4% |
| Recurring financial income | 75 | €274 | €554 | +€280 | +102.4% |
| Financial charges | 65/66B | €1,702 | €1,421 | -€280 | -16.5% |
| Recurring financial charges | 65 | €1,702 | €1,421 | -€280 | -16.5% |
| Profit (loss) for the period before taxes | 9903 | €12,193 | €9,174 | -€3,019 | -24.8% |
| Income taxes | 67/77 | €5,474 | €4,474 | -€1,000 | -18.3% |
| Profit (loss) for the period | 9904 | €6,718 | €4,700 | -€2,018 | -30.0% |
| Profit (loss) for the period to be appropriated | 9905 | €6,718 | €4,700 | -€2,018 | -30.0% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.