EMVE Consultancy: 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.
EMVE Consultancy
Largest movements
- Cash -€485,594
down €485,594 (-87.7%), from €553,773 to €68,179
mainly Receivables within one year (-€257,265) and Other debts (-€200,000)
- Receivables within one year +€257,265
up €257,265 (+106.4%), from €241,770 to €499,035
of which Other amounts receivable: +€262,408
- Receivables after one year -€200,000
down €200,000 (-16.7%), from €1.2m to €1.0m
- Stocks and contracts +€199,350
new in 2025: €199,350
- Other debts -€200,000
down €200,000 (-100.0%), from €200,000 to €0
- Other operating charges +€19,350
up €19,350 (+1782.6%), from €1,086 to €20,436
- Gross operating margin -€18,425
down €18,425 (-141.9%), from -€12,980 to -€31,405
- Financial income +€14,629
up €14,629 (+57.3%), from €25,551 to €40,180
- Taxes -€3,218
down €3,218, from €3,215 to -€4
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 | €3,579,255 | €3,347,909 | -€231,346 | -6.5% |
| Fixed assets | 21/28 | €120,991 | €124,015 | +€3,024 | +2.5% |
| Tangible fixed assets | 22/27 | - | €3,024 | +€3,024 | |
| Plant, machinery and equipment | 23 | - | €3,024 | +€3,024 | |
| Financial fixed assets | 28 | €120,991 | €120,991 | = | 0.0% |
| Current assets | 29/58 | €3,458,264 | €3,223,893 | -€234,370 | -6.8% |
| Amounts receivable after more than one year | 29 | €1,200,000 | €1,000,000 | -€200,000 | -16.7% |
| Other amounts receivable | 291 | €1,200,000 | €1,000,000 | -€200,000 | -16.7% |
| Stocks and contracts in progress | 3 | - | €199,350 | +€199,350 | |
| Stocks | 30/36 | - | €199,350 | +€199,350 | |
| Amounts receivable within one year | 40/41 | €241,770 | €499,035 | +€257,265 | +106.4% |
| Trade receivables | 40 | €15,894 | €10,751 | -€5,143 | -32.4% |
| Other amounts receivable | 41 | €225,876 | €488,284 | +€262,408 | +116.2% |
| Current investments | 50/53 | €1,457,329 | €1,457,329 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €553,773 | €68,179 | -€485,594 | -87.7% |
| Deferred charges and accrued income | 490/1 | €5,392 | €0 | -€5,392 | -100.0% |
| Total equity and liabilities | 10/49 | €3,579,255 | €3,347,909 | -€231,346 | -6.5% |
| Equity | 10/15 | €3,348,404 | €3,336,547 | -€11,857 | -0.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €3,276,559 | €3,276,559 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €3,274,699 | €3,274,699 | = | 0.0% |
| Profit (loss) carried forward | 14 | €53,244 | €41,388 | -€11,857 | -22.3% |
| Amounts payable | 17/49 | €230,851 | €11,362 | -€219,490 | -95.1% |
| Amounts payable within one year | 42/48 | €230,851 | €11,362 | -€219,490 | -95.1% |
| Trade debts | 44 | €2,508 | €4,452 | +€1,944 | +77.5% |
| Suppliers | 440/4 | €2,508 | €4,452 | +€1,944 | +77.5% |
| Taxes, remuneration and social security | 45 | €28,343 | €6,910 | -€21,433 | -75.6% |
| Taxes | 450/3 | €28,343 | €6,910 | -€21,433 | -75.6% |
| Other amounts payable | 47/48 | €200,000 | €0 | -€200,000 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €160 | +€160 | |
| Other operating charges | 640/8 | €1,086 | €20,436 | +€19,350 | +1782.6% |
| Gross operating margin | 9900 | -€12,980 | -€31,405 | -€18,425 | -141.9% |
| Operating profit (loss) | 9901 | -€14,065 | -€52,000 | -€37,935 | -269.7% |
| Financial income | 75/76B | €25,551 | €40,180 | +€14,629 | +57.3% |
| Recurring financial income | 75 | €25,551 | €40,180 | +€14,629 | +57.3% |
| Financial charges | 65/66B | €47 | €40 | -€6 | -13.5% |
| Recurring financial charges | 65 | €47 | €40 | -€6 | -13.5% |
| Profit (loss) for the period before taxes | 9903 | €11,439 | -€11,860 | -€23,299 | |
| Income taxes | 67/77 | €3,215 | -€4 | -€3,218 | |
| Profit (loss) for the period | 9904 | €8,224 | -€11,857 | -€20,081 | |
| Profit (loss) for the period to be appropriated | 9905 | €8,224 | -€11,857 | -€20,081 |
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.