EMTINGS: 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.
EMTINGS
Largest movements
- Receivables within one year +€11,338
up €11,338 (+28863.7%), from €39 to €11,377
of which Trade receivables: +€11,377
- Tangible fixed assets -€7,201
down €7,201 (-32.3%), from €22,267 to €15,066
of which Furniture and vehicles: -€6,998
- Cash +€3,577
up €3,577 (+23.2%), from €15,429 to €19,006
mainly Depreciation (+€12,298) and Trade debts (+€7,418)
- Trade debts +€7,418
up €7,418 (+412.8%), from €1,797 to €9,215
- Current portion of long-term debt -€5,258
no longer reported in 2025 (was €5,258)
- Profit (loss) carried forward +€4,338
up €4,338 (+26.9%), from €16,132 to €20,470
- Tax, wage and social debts +€2,491
up €2,491 (+39.3%), from €6,344 to €8,836
- Accrued charges and deferred income -€1,239
no longer reported in 2025 (was €1,239)
- Gross operating margin +€7,382
up €7,382 (+51.6%), from €14,296 to €21,678
- Taxes +€1,757
up €1,757 (+99.5%), from €1,766 to €3,523
- Depreciation +€422
up €422 (+3.5%), from €11,877 to €12,298
- Other operating charges -€321
down €321 (-31.7%), from €1,013 to €692
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 | €37,985 | €45,988 | +€8,003 | +21.1% |
| Fixed assets | 21/28 | €22,517 | €15,316 | -€7,201 | -32.0% |
| Tangible fixed assets | 22/27 | €22,267 | €15,066 | -€7,201 | -32.3% |
| Furniture and vehicles | 24 | €20,696 | €13,698 | -€6,998 | -33.8% |
| Other tangible fixed assets | 26 | €1,571 | €1,368 | -€203 | -12.9% |
| Financial fixed assets | 28 | €250 | €250 | = | 0.0% |
| Current assets | 29/58 | €15,468 | €30,672 | +€15,204 | +98.3% |
| Amounts receivable within one year | 40/41 | €39 | €11,377 | +€11,338 | +28863.7% |
| Trade receivables | 40 | - | €11,377 | +€11,377 | |
| Other amounts receivable | 41 | €39 | - | -€39 | |
| Cash at bank and in hand | 54/58 | €15,429 | €19,006 | +€3,577 | +23.2% |
| Deferred charges and accrued income | 490/1 | - | €289 | +€289 | |
| Total equity and liabilities | 10/49 | €37,985 | €45,988 | +€8,003 | +21.1% |
| Equity | 10/15 | €23,347 | €27,686 | +€4,338 | +18.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,016 | €1,016 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,016 | €1,016 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,016 | €1,016 | = | 0.0% |
| Profit (loss) carried forward | 14 | €16,132 | €20,470 | +€4,338 | +26.9% |
| Amounts payable | 17/49 | €14,638 | €18,303 | +€3,664 | +25.0% |
| Amounts payable within one year | 42/48 | €13,399 | €18,303 | +€4,903 | +36.6% |
| Current portion of amounts payable after more than one year | 42 | €5,258 | - | -€5,258 | |
| Trade debts | 44 | €1,797 | €9,215 | +€7,418 | +412.8% |
| Suppliers | 440/4 | €1,797 | €9,215 | +€7,418 | +412.8% |
| Taxes, remuneration and social security | 45 | €6,344 | €8,836 | +€2,491 | +39.3% |
| Taxes | 450/3 | €6,344 | €8,836 | +€2,491 | +39.3% |
| Other amounts payable | 47/48 | - | €252 | +€252 | |
| Accrued charges and deferred income | 492/3 | €1,239 | - | -€1,239 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,877 | €12,298 | +€422 | +3.5% |
| Other operating charges | 640/8 | €1,013 | €692 | -€321 | -31.7% |
| Gross operating margin | 9900 | €14,296 | €21,678 | +€7,382 | +51.6% |
| Operating profit (loss) | 9901 | €1,406 | €8,688 | +€7,282 | +518.0% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €686 | €827 | +€140 | +20.5% |
| Recurring financial charges | 65 | €686 | €827 | +€140 | +20.5% |
| Profit (loss) for the period before taxes | 9903 | €719 | €7,861 | +€7,142 | +992.7% |
| Income taxes | 67/77 | €1,766 | €3,523 | +€1,757 | +99.5% |
| Profit (loss) for the period | 9904 | -€1,047 | €4,338 | +€5,385 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,047 | €4,338 | +€5,385 |
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 7 October 2026 via checked.be.