EMWIL: 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.
EMWIL
Largest movements
- Cash +€2,331
up €2,331 (+7.7%), from €30,165 to €32,496
mainly Net result for the year (+€2,146) and Depreciation (+€1,936)
- Tangible fixed assets -€1,936
down €1,936 (-3.7%), from €51,821 to €49,885
of which Land and buildings: -€1,240
- Deferred charges and accrued income +€1,121
new in 2025: €1,121
- Reserves +€2,146
up €2,146 (+5.5%), from €38,885 to €41,031
of which Distributable reserves: +€5,046
- Other debts -€1,507
down €1,507 (-18.7%), from €8,064 to €6,558
- Gross operating margin -€1,966
down €1,966 (-16.8%), from €11,669 to €9,703
- Depreciation -€1,570
down €1,570 (-44.8%), from €3,506 to €1,936
- Taxes +€1,203
up €1,203 (+171%), from €705 to €1,908
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.
Derived cash bridge
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 | €82,315 | €83,502 | +€1,188 | +1.4% |
| Fixed assets | 21/28 | €51,821 | €49,885 | -€1,936 | -3.7% |
| Tangible fixed assets | 22/27 | €51,821 | €49,885 | -€1,936 | -3.7% |
| Land and buildings | 22 | €50,917 | €49,677 | -€1,240 | -2.4% |
| Plant, machinery and equipment | 23 | €904 | €208 | -€696 | -77.0% |
| Current assets | 29/58 | €30,493 | €33,617 | +€3,124 | +10.2% |
| Amounts receivable within one year | 40/41 | €328 | €0 | -€328 | -100% |
| Other amounts receivable | 41 | €328 | €0 | -€328 | -100% |
| Cash at bank and in hand | 54/58 | €30,165 | €32,496 | +€2,331 | +7.7% |
| Deferred charges and accrued income | 490/1 | - | €1,121 | +€1,121 | |
| Total equity and liabilities | 10/49 | €82,315 | €83,502 | +€1,188 | +1.4% |
| Equity | 10/15 | €73,040 | €75,186 | +€2,146 | +2.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €38,885 | €41,031 | +€2,146 | +5.5% |
| Tax-exempt reserves | 132 | €2,900 | €0 | -€2,900 | -100% |
| Distributable reserves | 133 | €35,985 | €41,031 | +€5,046 | +14.0% |
| Profit (loss) carried forward | 14 | €15,555 | €15,555 | = | 0.0% |
| Amounts payable | 17/49 | €9,274 | €8,316 | -€958 | -10.3% |
| Amounts payable within one year | 42/48 | €8,769 | €8,286 | -€483 | -5.5% |
| Trade debts | 44 | - | €823 | +€823 | |
| Suppliers | 440/4 | - | €823 | +€823 | |
| Taxes, remuneration and social security | 45 | €705 | €905 | +€200 | +28.4% |
| Taxes | 450/3 | €705 | €905 | +€200 | +28.4% |
| Other amounts payable | 47/48 | €8,064 | €6,558 | -€1,507 | -18.7% |
| Accrued charges and deferred income | 492/3 | €505 | €30 | -€475 | -94.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,506 | €1,936 | -€1,570 | -44.8% |
| Other operating charges | 640/8 | €3,357 | €3,458 | +€101 | +3.0% |
| Gross operating margin | 9900 | €11,669 | €9,703 | -€1,966 | -16.8% |
| Operating profit (loss) | 9901 | €4,805 | €4,309 | -€497 | -10.3% |
| Financial income | 75/76B | €0 | €8 | +€8 | +84,600% |
| Recurring financial income | 75 | €0 | €8 | +€8 | +84,600% |
| Financial charges | 65/66B | €244 | €263 | +€20 | +8.1% |
| Recurring financial charges | 65 | €244 | €263 | +€20 | +8.1% |
| Profit (loss) for the period before taxes | 9903 | €4,562 | €4,054 | -€508 | -11.1% |
| Income taxes | 67/77 | €705 | €1,908 | +€1,203 | +171% |
| Profit (loss) for the period | 9904 | €3,857 | €2,146 | -€1,711 | -44.4% |
| Transfer from tax-exempt reserves | 789 | €3,193 | €2,900 | -€293 | -9.2% |
| Profit (loss) for the period to be appropriated | 9905 | €7,050 | €5,046 | -€2,004 | -28.4% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.