EMYS Progress: 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.
EMYS Progress
Largest movements
- Cash +€113,164
up €113,164 (+431%), from €26,234 to €139,398
mainly Net result for the year (+€71,787) and Tax, wage and social debts (+€23,029)
- Receivables within one year -€17,251
down €17,251 (-99.7%), from €17,306 to €55
of which Trade receivables: -€17,248
- Profit (loss) carried forward +€71,787
up €71,787 (+224%), from €32,081 to €103,868
- Tax, wage and social debts +€23,029
up €23,029 (+139%), from €16,585 to €39,614
- Other debts +€2,494
up €2,494 (+92.0%), from €2,710 to €5,204
- Trade debts -€1,572
down €1,572 (-37.2%), from €4,230 to €2,658
- Gross operating margin +€55,544
up €55,544 (+138%), from €40,394 to €95,938
- Taxes +€12,097
up €12,097 (+147%), from €8,202 to €20,299
- Financial charges +€1,977
up €1,977 (+13,486%), from €15 to €1,992
- Depreciation +€1,570
up €1,570 (+1,637%), from €96 to €1,666
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 | €55,706 | €151,444 | +€95,738 | +172% |
| Fixed assets | 21/28 | €11,717 | €11,121 | -€597 | -5.1% |
| Tangible fixed assets | 22/27 | €11,717 | €11,121 | -€597 | -5.1% |
| Plant, machinery and equipment | 23 | €11,717 | €11,121 | -€597 | -5.1% |
| Current assets | 29/58 | €43,989 | €140,323 | +€96,334 | +219% |
| Amounts receivable within one year | 40/41 | €17,306 | €55 | -€17,251 | -99.7% |
| Trade receivables | 40 | €17,303 | €55 | -€17,248 | -99.7% |
| Other amounts receivable | 41 | €3 | - | -€3 | |
| Cash at bank and in hand | 54/58 | €26,234 | €139,398 | +€113,164 | +431% |
| Deferred charges and accrued income | 490/1 | €449 | €870 | +€421 | +93.7% |
| Total equity and liabilities | 10/49 | €55,706 | €151,444 | +€95,738 | +172% |
| Equity | 10/15 | €32,181 | €103,968 | +€71,787 | +223% |
| Contributions | 10/11 | €100 | €100 | = | 0.0% |
| Profit (loss) carried forward | 14 | €32,081 | €103,868 | +€71,787 | +224% |
| Amounts payable | 17/49 | €23,525 | €47,476 | +€23,951 | +102% |
| Amounts payable within one year | 42/48 | €23,525 | €47,476 | +€23,951 | +102% |
| Trade debts | 44 | €4,230 | €2,658 | -€1,572 | -37.2% |
| Suppliers | 440/4 | €4,230 | €2,658 | -€1,572 | -37.2% |
| Taxes, remuneration and social security | 45 | €16,585 | €39,614 | +€23,029 | +139% |
| Taxes | 450/3 | €16,585 | €39,614 | +€23,029 | +139% |
| Other amounts payable | 47/48 | €2,710 | €5,204 | +€2,494 | +92.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €96 | €1,666 | +€1,570 | +1,637% |
| Other operating charges | 640/8 | - | €195 | +€195 | |
| Gross operating margin | 9900 | €40,394 | €95,938 | +€55,544 | +138% |
| Operating profit (loss) | 9901 | €40,298 | €94,077 | +€53,779 | +133% |
| Financial charges | 65/66B | €15 | €1,992 | +€1,977 | +13,486% |
| Recurring financial charges | 65 | €15 | €1,992 | +€1,977 | +13,486% |
| Profit (loss) for the period before taxes | 9903 | €40,283 | €92,085 | +€51,802 | +129% |
| Income taxes | 67/77 | €8,202 | €20,299 | +€12,097 | +147% |
| Profit (loss) for the period | 9904 | €32,081 | €71,787 | +€39,705 | +124% |
| Profit (loss) for the period to be appropriated | 9905 | €32,081 | €71,787 | +€39,705 | +124% |
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 13 October 2026 via checked.be.