HOLDING EMMY: 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.
HOLDING EMMY
Largest movements
- Cash +€53,986
up €53,986 (+1,309%), from €4,124 to €58,109
mainly Other debts (+€115,139) and Net result for the year (+€108,035)
- Receivables within one year +€32,902
up €32,902 (+49.1%), from €67,019 to €99,921
of which Other amounts receivable: +€26,266
- Tangible fixed assets -€13,733
down €13,733 (-40.8%), from €33,649 to €19,916
- Other debts +€115,139
up €115,139 (+138%), from €83,176 to €198,315
- Debts after one year -€37,055
down €37,055 (-35.4%), from €104,683 to €67,629
- Profit (loss) carried forward -€26,965
down €26,965 (-7.2%), from €376,013 to €349,048
- Tax, wage and social debts +€21,979
up €21,979 (+224%), from €9,822 to €31,802
of which Taxes: +€21,979
- Financial income +€108,073
up €108,073 (+13,838%), from €781 to €108,854
- Gross operating margin +€6,230
up €6,230 (+34.7%), from €17,969 to €24,199
- Taxes +€1,292
up €1,292 (+29.3%), from €4,411 to €5,702
- Financial charges +€1,179
up €1,179 (+122%), from €967 to €2,146
- Other operating charges -€518
down €518 (-13.1%), from €3,953 to €3,436
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 | €680,859 | €753,941 | +€73,082 | +10.7% |
| Fixed assets | 21/28 | €608,649 | €594,916 | -€13,733 | -2.3% |
| Tangible fixed assets | 22/27 | €33,649 | €19,916 | -€13,733 | -40.8% |
| Furniture and vehicles | 24 | €33,649 | €19,916 | -€13,733 | -40.8% |
| Financial fixed assets | 28 | €575,000 | €575,000 | = | 0.0% |
| Current assets | 29/58 | €72,210 | €159,025 | +€86,815 | +120% |
| Amounts receivable within one year | 40/41 | €67,019 | €99,921 | +€32,902 | +49.1% |
| Trade receivables | 40 | €7,865 | €14,502 | +€6,637 | +84.4% |
| Other amounts receivable | 41 | €59,154 | €85,419 | +€26,266 | +44.4% |
| Cash at bank and in hand | 54/58 | €4,124 | €58,109 | +€53,986 | +1,309% |
| Deferred charges and accrued income | 490/1 | €1,068 | €995 | -€73 | -6.8% |
| Total equity and liabilities | 10/49 | €680,859 | €753,941 | +€73,082 | +10.7% |
| Equity | 10/15 | €435,013 | €408,048 | -€26,965 | -6.2% |
| Contributions | 10/11 | €59,000 | €59,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €376,013 | €349,048 | -€26,965 | -7.2% |
| Amounts payable | 17/49 | €245,847 | €345,893 | +€100,046 | +40.7% |
| Amounts payable after more than one year | 17 | €104,683 | €67,629 | -€37,055 | -35.4% |
| Financial debts | 170/4 | €104,683 | €67,629 | -€37,055 | -35.4% |
| Amounts payable within one year | 42/48 | €141,163 | €278,265 | +€137,101 | +97.1% |
| Current portion of amounts payable after more than one year | 42 | €40,916 | €37,055 | -€3,861 | -9.4% |
| Trade debts | 44 | €7,249 | €11,093 | +€3,844 | +53.0% |
| Suppliers | 440/4 | €7,249 | €11,093 | +€3,844 | +53.0% |
| Taxes, remuneration and social security | 45 | €9,822 | €31,802 | +€21,979 | +224% |
| Taxes | 450/3 | €8,322 | €30,302 | +€21,979 | +264% |
| Remuneration and social security | 454/9 | €1,500 | €1,500 | = | 0.0% |
| Other amounts payable | 47/48 | €83,176 | €198,315 | +€115,139 | +138% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,733 | €13,733 | = | 0.0% |
| Other operating charges | 640/8 | €3,953 | €3,436 | -€518 | -13.1% |
| Gross operating margin | 9900 | €17,969 | €24,199 | +€6,230 | +34.7% |
| Operating profit (loss) | 9901 | €282 | €7,030 | +€6,747 | +2,390% |
| Financial income | 75/76B | €781 | €108,854 | +€108,073 | +13,838% |
| Recurring financial income | 75 | €781 | €108,854 | +€108,073 | +13,838% |
| Financial charges | 65/66B | €967 | €2,146 | +€1,179 | +122% |
| Recurring financial charges | 65 | €967 | €2,146 | +€1,179 | +122% |
| Profit (loss) for the period before taxes | 9903 | €96 | €113,738 | +€113,641 | +118,069% |
| Income taxes | 67/77 | €4,411 | €5,702 | +€1,292 | +29.3% |
| Profit (loss) for the period | 9904 | -€4,314 | €108,035 | +€112,350 | |
| Profit (loss) for the period to be appropriated | 9905 | -€4,314 | €108,035 | +€112,350 |
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 28 October 2026 via checked.be.