Emvie: what changed
Two financial 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.
Emvie
Largest movements
- Current investments -€397,260
down €397,260 (-75.2%), from €528,613 to €131,353
- Receivables within one year +€99,540
up €99,540 (+729%), from €13,649 to €113,189
of which Other amounts receivable: +€99,450
- Cash +€9,462
up €9,462 (+227%), from €4,170 to €13,632
mainly Current investments (+€397,260) and Depreciation (+€5,120)
- Reserves -€183,324
down €183,324 (-29.5%), from €621,490 to €438,166
of which Distributable reserves: -€183,324
- Other debts -€76,084
down €76,084 (-100%), from €76,084 to €0
- Profit (loss) carried forward -€30,837
down €30,837 (-143%), from -€21,527 to -€52,364
- Gross operating margin -€71,385
down €71,385 (-495%), from -€14,435 to -€85,820
- Financial income +€55,290
up €55,290 (+1,349%), from €4,099 to €59,389
- Financial charges -€6,119
down €6,119, from €3,716 to -€2,403
From the 2025 result to the 2026 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.
Derived cash bridge
Derived from the 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €699,523 | €406,145 | -€293,378 | -41.9% |
| Fixed assets | 21/28 | €153,091 | €147,971 | -€5,120 | -3.3% |
| Tangible fixed assets | 22/27 | €153,091 | €147,971 | -€5,120 | -3.3% |
| Other tangible fixed assets | 26 | €153,091 | €147,971 | -€5,120 | -3.3% |
| Current assets | 29/58 | €546,433 | €258,175 | -€288,258 | -52.8% |
| Amounts receivable within one year | 40/41 | €13,649 | €113,189 | +€99,540 | +729% |
| Trade receivables | 40 | €0 | €91 | +€91 | |
| Other amounts receivable | 41 | €13,649 | €113,099 | +€99,450 | +729% |
| Current investments | 50/53 | €528,613 | €131,353 | -€397,260 | -75.2% |
| Cash at bank and in hand | 54/58 | €4,170 | €13,632 | +€9,462 | +227% |
| Total equity and liabilities | 10/49 | €699,523 | €406,145 | -€293,378 | -41.9% |
| Equity | 10/15 | €618,564 | €404,402 | -€214,161 | -34.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €621,490 | €438,166 | -€183,324 | -29.5% |
| Tax-exempt reserves | 132 | €1,810 | €1,810 | = | 0.0% |
| Distributable reserves | 133 | €619,680 | €436,356 | -€183,324 | -29.6% |
| Profit (loss) carried forward | 14 | -€21,527 | -€52,364 | -€30,837 | -143% |
| Amounts payable | 17/49 | €80,960 | €1,743 | -€79,217 | -97.8% |
| Amounts payable within one year | 42/48 | €77,837 | €1,743 | -€76,094 | -97.8% |
| Trade debts | 44 | €600 | €1,743 | +€1,143 | +191% |
| Suppliers | 440/4 | €600 | €1,743 | +€1,143 | +191% |
| Taxes, remuneration and social security | 45 | €1,153 | €0 | -€1,153 | -100% |
| Taxes | 450/3 | €1,153 | €0 | -€1,153 | -100% |
| Other amounts payable | 47/48 | €76,084 | €0 | -€76,084 | -100% |
| Accrued charges and deferred income | 492/3 | €3,123 | €0 | -€3,123 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,120 | €5,120 | -€0 | 0.0% |
| Other operating charges | 640/8 | €1,901 | €1,351 | -€550 | -28.9% |
| Gross operating margin | 9900 | -€14,435 | -€85,820 | -€71,385 | -495% |
| Operating profit (loss) | 9901 | -€21,456 | -€92,291 | -€70,836 | -330% |
| Financial income | 75/76B | €4,099 | €59,389 | +€55,290 | +1,349% |
| Recurring financial income | 75 | €4,099 | €59,389 | +€55,290 | +1,349% |
| Financial charges | 65/66B | €3,716 | -€2,403 | -€6,119 | |
| Recurring financial charges | 65 | €3,716 | -€2,403 | -€6,119 | |
| Profit (loss) for the period before taxes | 9903 | -€21,072 | -€30,499 | -€9,427 | -44.7% |
| Income taxes | 67/77 | €455 | €338 | -€117 | -25.7% |
| Profit (loss) for the period | 9904 | -€21,527 | -€30,837 | -€9,310 | -43.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€21,527 | -€30,837 | -€9,310 | -43.2% |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 31 October 2026 via checked.be.