NEUM-EMVALAW: 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.
NEUM-EMVALAW
Largest movements
- Cash +€61,058
up €61,058 (+180.9%), from €33,751 to €94,809
mainly Net result for the year (+€92,862) and Tax, wage and social debts (+€53,398)
- Receivables within one year -€15,656
down €15,656 (-87.0%), from €18,000 to €2,344
- Tax, wage and social debts +€53,398
up €53,398 (+1043.6%), from €5,117 to €58,515
- Other debts -€39,924
down €39,924 (-98.0%), from €40,754 to €830
- Profit (loss) carried forward +€31,862
up €31,862 (+6817.7%), from €467 to €32,329
- Gross operating margin +€120,029
up €120,029 (+20444.0%), from €587 to €120,616
- Taxes +€24,170
up €24,170 (+20686.8%), from €117 to €24,287
- Financial charges +€3,697
up €3,697 (+126165.5%), from €3 to €3,700
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 | €51,751 | €97,153 | +€45,402 | +87.7% |
| Current assets | 29/58 | €51,751 | €97,153 | +€45,402 | +87.7% |
| Amounts receivable within one year | 40/41 | €18,000 | €2,344 | -€15,656 | -87.0% |
| Trade receivables | 40 | €18,000 | €2,344 | -€15,656 | -87.0% |
| Cash at bank and in hand | 54/58 | €33,751 | €94,809 | +€61,058 | +180.9% |
| Total equity and liabilities | 10/49 | €51,751 | €97,153 | +€45,402 | +87.7% |
| Equity | 10/15 | €3,467 | €35,329 | +€31,862 | +918.9% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €467 | €32,329 | +€31,862 | +6817.7% |
| Amounts payable | 17/49 | €48,284 | €61,824 | +€13,540 | +28.0% |
| Amounts payable within one year | 42/48 | €48,284 | €61,824 | +€13,540 | +28.0% |
| Trade debts | 44 | €2,413 | €2,479 | +€66 | +2.7% |
| Suppliers | 440/4 | €2,413 | €2,479 | +€66 | +2.7% |
| Taxes, remuneration and social security | 45 | €5,117 | €58,515 | +€53,398 | +1043.6% |
| Taxes | 450/3 | €5,117 | €58,515 | +€53,398 | +1043.6% |
| Other amounts payable | 47/48 | €40,754 | €830 | -€39,924 | -98.0% |
| Gross operating margin | 9900 | €587 | €120,616 | +€120,029 | +20444.0% |
| Operating profit (loss) | 9901 | €587 | €120,616 | +€120,029 | +20444.0% |
| Financial income | 75/76B | - | €233 | +€233 | |
| Recurring financial income | 75 | - | €233 | +€233 | |
| Financial charges | 65/66B | €3 | €3,700 | +€3,697 | +126165.5% |
| Recurring financial charges | 65 | €3 | €3,700 | +€3,697 | +126165.5% |
| Profit (loss) for the period before taxes | 9903 | €584 | €117,149 | +€116,565 | +19953.6% |
| Income taxes | 67/77 | €117 | €24,287 | +€24,170 | +20686.8% |
| Profit (loss) for the period | 9904 | €467 | €92,862 | +€92,395 | +19770.3% |
| Profit (loss) for the period to be appropriated | 9905 | €467 | €92,862 | +€92,395 | +19770.3% |
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 11 October 2026 via checked.be.