IMMO EMKA: 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.
IMMO EMKA
Largest movements
- Cash +€160,656
up €160,656 (+973.1%), from €16,509 to €177,165
mainly Other debts (+€156,927) and Receivables within one year (+€7,898)
- Receivables within one year -€7,898
down €7,898 (-91.9%), from €8,598 to €700
of which Other amounts receivable: -€7,700
- Other debts +€156,927
new in 2025: €156,927
- Profit (loss) carried forward -€3,388
down €3,388 (-18.7%), from €18,126 to €14,738
- Gross operating margin -€7,236
down €7,236, from €3,975 to -€3,261
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.
Cash bridge derived
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 | €25,234 | €177,866 | +€152,631 | +604.9% |
| Fixed assets | 21/28 | €126 | €0 | -€126 | -100.0% |
| Tangible fixed assets | 22/27 | €126 | €0 | -€126 | -100.0% |
| Furniture and vehicles | 24 | €126 | €0 | -€126 | -100.0% |
| Current assets | 29/58 | €25,108 | €177,866 | +€152,758 | +608.4% |
| Amounts receivable within one year | 40/41 | €8,598 | €700 | -€7,898 | -91.9% |
| Trade receivables | 40 | €197 | - | -€197 | |
| Other amounts receivable | 41 | €8,401 | €700 | -€7,700 | -91.7% |
| Cash at bank and in hand | 54/58 | €16,509 | €177,165 | +€160,656 | +973.1% |
| Total equity and liabilities | 10/49 | €25,234 | €177,866 | +€152,631 | +604.9% |
| Equity | 10/15 | €24,326 | €20,938 | -€3,388 | -13.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €18,126 | €14,738 | -€3,388 | -18.7% |
| Amounts payable | 17/49 | €908 | €156,927 | +€156,019 | +17177.1% |
| Amounts payable within one year | 42/48 | €908 | €156,927 | +€156,019 | +17177.1% |
| Trade debts | 44 | €366 | - | -€366 | |
| Suppliers | 440/4 | €366 | - | -€366 | |
| Taxes, remuneration and social security | 45 | €542 | - | -€542 | |
| Taxes | 450/3 | €542 | - | -€542 | |
| Other amounts payable | 47/48 | - | €156,927 | +€156,927 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €156 | €126 | -€30 | -19.1% |
| Gross operating margin | 9900 | €3,975 | -€3,261 | -€7,236 | |
| Operating profit (loss) | 9901 | €3,818 | -€3,388 | -€7,206 | |
| Financial income | 75/76B | €36 | - | -€36 | |
| Recurring financial income | 75 | €36 | - | -€36 | |
| Financial charges | 65/66B | €18 | - | -€18 | |
| Recurring financial charges | 65 | €18 | - | -€18 | |
| Profit (loss) for the period before taxes | 9903 | €3,836 | -€3,388 | -€7,224 | |
| Profit (loss) for the period | 9904 | €3,836 | -€3,388 | -€7,224 | |
| Profit (loss) for the period to be appropriated | 9905 | €3,836 | -€3,388 | -€7,224 |
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 12 October 2026 via checked.be.