Juwelen 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.
Juwelen Emka
Largest movements
- Receivables within one year -€22,464
down €22,464 (-56.1%), from €40,036 to €17,573
of which Trade receivables: -€23,573
- Stocks and contracts +€11,461
up €11,461 (+5.8%), from €198,476 to €209,937
- Deferred charges and accrued income -€3,484
down €3,484 (-20.2%), from €17,273 to €13,789
- Tax, wage and social debts -€8,985
down €8,985 (-93.0%), from €9,666 to €681
of which Taxes: -€6,522
- Profit (loss) carried forward -€4,623
down €4,623 (-5.4%), from -€85,558 to -€90,182
- Trade debts +€4,557
up €4,557 (+34.9%), from €13,072 to €17,629
- Gross operating margin -€8,402
down €8,402 (-87.1%), from €9,643 to €1,241
- Taxes -€2,989
no longer reported in 2025 (was €2,989)
- Staff costs -€2,381
down €2,381, from €1,669 to -€712
- Financial charges -€2,218
down €2,218 (-34.7%), from €6,393 to €4,174
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 | €336,800 | €327,438 | -€9,362 | -2.8% |
| Fixed assets | 21/28 | €7,376 | €9,385 | +€2,009 | +27.2% |
| Tangible fixed assets | 22/27 | €7,327 | €9,336 | +€2,009 | +27.4% |
| Land and buildings | 22 | €1,751 | €5,606 | +€3,855 | +220% |
| Plant, machinery and equipment | 23 | €2,087 | €1,428 | -€659 | -31.6% |
| Furniture and vehicles | 24 | €3,488 | €2,302 | -€1,187 | -34.0% |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €329,424 | €318,053 | -€11,371 | -3.5% |
| Stocks and contracts in progress | 3 | €198,476 | €209,937 | +€11,461 | +5.8% |
| Stocks | 30/36 | €198,476 | €209,937 | +€11,461 | +5.8% |
| Amounts receivable within one year | 40/41 | €40,036 | €17,573 | -€22,464 | -56.1% |
| Trade receivables | 40 | €40,036 | €16,463 | -€23,573 | -58.9% |
| Other amounts receivable | 41 | - | €1,109 | +€1,109 | |
| Cash at bank and in hand | 54/58 | €73,638 | €76,754 | +€3,115 | +4.2% |
| Deferred charges and accrued income | 490/1 | €17,273 | €13,789 | -€3,484 | -20.2% |
| Total equity and liabilities | 10/49 | €336,800 | €327,438 | -€9,362 | -2.8% |
| Equity | 10/15 | €23,964 | €19,341 | -€4,623 | -19.3% |
| Contributions | 10/11 | €92,960 | €92,960 | = | 0.0% |
| Capital | 10 | €92,960 | €92,960 | = | 0.0% |
| Issued capital | 100 | €92,960 | €92,960 | = | 0.0% |
| Reserves | 13 | €16,562 | €16,562 | = | 0.0% |
| Non-distributable reserves | 130/1 | €10,023 | €10,023 | = | 0.0% |
| Legal reserve | 130 | €9,296 | €9,296 | = | 0.0% |
| Reserves not available under the articles | 1311 | €727 | €727 | = | 0.0% |
| Tax-exempt reserves | 132 | €1,487 | €1,487 | = | 0.0% |
| Distributable reserves | 133 | €5,052 | €5,052 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€85,558 | -€90,182 | -€4,623 | -5.4% |
| Amounts payable | 17/49 | €312,836 | €308,097 | -€4,738 | -1.5% |
| Amounts payable within one year | 42/48 | €308,885 | €304,255 | -€4,630 | -1.5% |
| Financial debts | 43 | €75,000 | €75,000 | = | 0.0% |
| Credit institutions | 430/8 | €75,000 | €75,000 | = | 0.0% |
| Trade debts | 44 | €13,072 | €17,629 | +€4,557 | +34.9% |
| Suppliers | 440/4 | €13,072 | €17,629 | +€4,557 | +34.9% |
| Taxes, remuneration and social security | 45 | €9,666 | €681 | -€8,985 | -93.0% |
| Taxes | 450/3 | €7,203 | €681 | -€6,522 | -90.5% |
| Remuneration and social security | 454/9 | €2,464 | - | -€2,464 | |
| Other amounts payable | 47/48 | €211,147 | €210,945 | -€202 | -0.1% |
| Accrued charges and deferred income | 492/3 | €3,950 | €3,842 | -€108 | -2.7% |
| Remuneration, social security and pensions | 62 | €1,669 | -€712 | -€2,381 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,891 | €1,891 | -€1 | 0.0% |
| Other operating charges | 640/8 | €499 | €513 | +€14 | +2.8% |
| Gross operating margin | 9900 | €9,643 | €1,241 | -€8,402 | -87.1% |
| Operating profit (loss) | 9901 | €5,582 | -€451 | -€6,034 | |
| Financial income | 75/76B | €1 | €2 | +€1 | +124% |
| Recurring financial income | 75 | €1 | €2 | +€1 | +124% |
| Financial charges | 65/66B | €6,393 | €4,174 | -€2,218 | -34.7% |
| Recurring financial charges | 65 | €6,393 | €4,174 | -€2,218 | -34.7% |
| Profit (loss) for the period before taxes | 9903 | -€809 | -€4,623 | -€3,814 | -471% |
| Income taxes | 67/77 | €2,989 | - | -€2,989 | |
| Profit (loss) for the period | 9904 | -€3,798 | -€4,623 | -€825 | -21.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,798 | -€4,623 | -€825 | -21.7% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 October 2026 via checked.be.