FIDUCIAIRE EMAXIS: 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.
FIDUCIAIRE EMAXIS
Largest movements
- Tangible fixed assets +€338,195
up €338,195 (+49.9%), from €678,157 to €1.0m
of which Land and buildings: +€292,604
- Intangible fixed assets +€35,107
up €35,107 (+288%), from €12,198 to €47,305
- Receivables within one year -€30,517
down €30,517 (-9.3%), from €328,351 to €297,833
of which Other amounts receivable: -€49,882
- Debts after one year +€279,514
up €279,514 (+42.5%), from €658,383 to €937,897
- Tax, wage and social debts +€77,539
up €77,539 (+216%), from €35,818 to €113,357
of which Taxes: +€54,354
- Short-term financial debts -€56,800
down €56,800 (-42.1%), from €135,069 to €78,269
- Trade debts +€36,325
up €36,325 (+249%), from €14,613 to €50,938
- Current portion of long-term debt +€18,128
up €18,128 (+34.1%), from €53,232 to €71,360
- Gross operating margin +€85,733
up €85,733 (+21.6%), from €396,028 to €481,761
- Staff costs +€81,110
up €81,110 (+43.8%), from €185,104 to €266,214
- Depreciation +€37,931
up €37,931 (+140%), from €27,106 to €65,038
- Financial charges +€25,019
up €25,019 (+141%), from €17,703 to €42,721
- Write-downs -€11,271
down €11,271 (-100%), from €11,271 to €0
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,061,639 | €1,402,450 | +€340,810 | +32.1% |
| Fixed assets | 21/28 | €690,355 | €1,063,658 | +€373,303 | +54.1% |
| Intangible fixed assets | 21 | €12,198 | €47,305 | +€35,107 | +288% |
| Tangible fixed assets | 22/27 | €678,157 | €1,016,352 | +€338,195 | +49.9% |
| Land and buildings | 22 | €651,707 | €944,311 | +€292,604 | +44.9% |
| Furniture and vehicles | 24 | €26,450 | €72,041 | +€45,591 | +172% |
| Current assets | 29/58 | €371,284 | €338,792 | -€32,493 | -8.8% |
| Amounts receivable within one year | 40/41 | €328,351 | €297,833 | -€30,517 | -9.3% |
| Trade receivables | 40 | €248,884 | €268,249 | +€19,365 | +7.8% |
| Other amounts receivable | 41 | €79,467 | €29,584 | -€49,882 | -62.8% |
| Cash at bank and in hand | 54/58 | €28,319 | €17,285 | -€11,034 | -39.0% |
| Deferred charges and accrued income | 490/1 | €14,615 | €23,673 | +€9,058 | +62.0% |
| Total equity and liabilities | 10/49 | €1,061,639 | €1,402,450 | +€340,810 | +32.1% |
| Equity | 10/15 | €148,299 | €150,412 | +€2,112 | +1.4% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €1,034 | €1,034 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,034 | €1,034 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,034 | €1,034 | = | 0.0% |
| Profit (loss) carried forward | 14 | €128,716 | €130,828 | +€2,112 | +1.6% |
| Amounts payable | 17/49 | €913,340 | €1,252,038 | +€338,698 | +37.1% |
| Amounts payable after more than one year | 17 | €658,383 | €937,897 | +€279,514 | +42.5% |
| Financial debts | 170/4 | €658,383 | €937,897 | +€279,514 | +42.5% |
| Amounts payable within one year | 42/48 | €254,741 | €313,925 | +€59,184 | +23.2% |
| Current portion of amounts payable after more than one year | 42 | €53,232 | €71,360 | +€18,128 | +34.1% |
| Financial debts | 43 | €135,069 | €78,269 | -€56,800 | -42.1% |
| Credit institutions | 430/8 | €135,069 | €78,269 | -€56,800 | -42.1% |
| Trade debts | 44 | €14,613 | €50,938 | +€36,325 | +249% |
| Suppliers | 440/4 | €14,613 | €50,938 | +€36,325 | +249% |
| Taxes, remuneration and social security | 45 | €35,818 | €113,357 | +€77,539 | +216% |
| Taxes | 450/3 | €16,988 | €71,342 | +€54,354 | +320% |
| Remuneration and social security | 454/9 | €18,830 | €42,015 | +€23,185 | +123% |
| Other amounts payable | 47/48 | €16,008 | €0 | -€16,008 | -100% |
| Accrued charges and deferred income | 492/3 | €216 | €216 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €185,104 | €266,214 | +€81,110 | +43.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,106 | €65,038 | +€37,931 | +140% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €11,271 | €0 | -€11,271 | -100% |
| Other operating charges | 640/8 | €7,200 | €10,393 | +€3,192 | +44.3% |
| Gross operating margin | 9900 | €396,028 | €481,761 | +€85,733 | +21.6% |
| Operating profit (loss) | 9901 | €165,347 | €140,117 | -€25,230 | -15.3% |
| Financial income | 75/76B | €0 | €15 | +€15 | |
| Recurring financial income | 75 | €0 | €15 | +€15 | |
| Financial charges | 65/66B | €17,703 | €42,721 | +€25,019 | +141% |
| Recurring financial charges | 65 | €17,703 | €42,721 | +€25,019 | +141% |
| Profit (loss) for the period before taxes | 9903 | €147,644 | €97,411 | -€50,233 | -34.0% |
| Income taxes | 67/77 | €32,070 | €35,299 | +€3,229 | +10.1% |
| Profit (loss) for the period | 9904 | €115,574 | €62,112 | -€53,462 | -46.3% |
| Profit (loss) for the period to be appropriated | 9905 | €115,574 | €62,112 | -€53,462 | -46.3% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.