EMY INVEST: what changed
EMY INVEST
Largest movements
- Receivables within one year -€182,004
down €182,004 (-32.6%), from €558,924 to €376,920
of which Trade receivables: -€155,799
- Tangible fixed assets -€9,157
down €9,157 (-27.6%), from €33,212 to €24,055
of which Furniture and vehicles: -€11,928
- Cash +€7,534
up €7,534 (+476%), from €1,581 to €9,115
mainly Receivables within one year (+€182,004) and Accrued charges and deferred income (+€112,801)
- Trade debts -€324,564
down €324,564 (-81.4%), from €398,805 to €74,241
- Accrued charges and deferred income +€112,801
new in 2025: €112,801
- Profit (loss) carried forward +€39,991
up €39,991 (+27.7%), from €144,430 to €184,421
- Tax, wage and social debts -€20,549
down €20,549 (-41.1%), from €49,981 to €29,432
of which Remuneration and social security: -€11,904
- Other debts +€8,695
new in 2025: €8,695
- Purchases and services -€743,429
no longer reported in 2025 (was €743,429)
- Gross operating margin +€31,168
up €31,168 (+48.7%), from €64,006 to €95,174
- Staff costs +€29,810
up €29,810 (+3,643%), from €818 to €30,628
- Taxes +€10,047
new in 2025: €10,047
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €593,717 | €410,090 | -€183,627 | -30.9% |
| Fixed assets | 21/28 | €33,212 | €24,055 | -€9,157 | -27.6% |
| Tangible fixed assets | 22/27 | €33,212 | €24,055 | -€9,157 | -27.6% |
| Plant, machinery and equipment | 23 | - | €2,771 | +€2,771 | |
| Furniture and vehicles | 24 | €33,212 | €21,284 | -€11,928 | -35.9% |
| Current assets | 29/58 | €560,505 | €386,035 | -€174,470 | -31.1% |
| Amounts receivable within one year | 40/41 | €558,924 | €376,920 | -€182,004 | -32.6% |
| Trade receivables | 40 | €532,719 | €376,920 | -€155,799 | -29.2% |
| Other amounts receivable | 41 | €26,204 | - | -€26,204 | |
| Cash at bank and in hand | 54/58 | €1,581 | €9,115 | +€7,534 | +476% |
| Total equity and liabilities | 10/49 | €593,717 | €410,090 | -€183,627 | -30.9% |
| Equity | 10/15 | €144,930 | €184,921 | +€39,991 | +27.6% |
| Contributions | 10/11 | €500 | €500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €144,430 | €184,421 | +€39,991 | +27.7% |
| Amounts payable | 17/49 | €448,786 | €225,169 | -€223,617 | -49.8% |
| Amounts payable within one year | 42/48 | €448,786 | €112,368 | -€336,418 | -75.0% |
| Trade debts | 44 | €398,805 | €74,241 | -€324,564 | -81.4% |
| Suppliers | 440/4 | €398,805 | €74,241 | -€324,564 | -81.4% |
| Taxes, remuneration and social security | 45 | €49,981 | €29,432 | -€20,549 | -41.1% |
| Taxes | 450/3 | €38,077 | €29,432 | -€8,645 | -22.7% |
| Remuneration and social security | 454/9 | €11,904 | - | -€11,904 | |
| Other amounts payable | 47/48 | - | €8,695 | +€8,695 | |
| Accrued charges and deferred income | 492/3 | - | €112,801 | +€112,801 | |
| Goods, raw materials, services and sundry goods | 60/61 | €743,429 | - | -€743,429 | |
| Remuneration, social security and pensions | 62 | €818 | €30,628 | +€29,810 | +3,643% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,928 | €12,565 | +€637 | +5.3% |
| Other operating charges | 640/8 | €1,332 | €1,604 | +€272 | +20.5% |
| Gross operating margin | 9900 | €64,006 | €95,174 | +€31,168 | +48.7% |
| Operating profit (loss) | 9901 | €49,928 | €50,377 | +€449 | +0.9% |
| Financial charges | 65/66B | €139 | €339 | +€200 | +143% |
| Recurring financial charges | 65 | €139 | €339 | +€200 | +143% |
| Profit (loss) for the period before taxes | 9903 | €49,789 | €50,038 | +€249 | +0.5% |
| Income taxes | 67/77 | - | €10,047 | +€10,047 | |
| Profit (loss) for the period | 9904 | €49,789 | €39,991 | -€9,798 | -19.7% |
| Profit (loss) for the period to be appropriated | 9905 | €49,789 | €39,991 | -€9,798 | -19.7% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 8 November 2026 via checked.be.