NEW WAVE EMTC: 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.
NEW WAVE EMTC
Largest movements
- Tangible fixed assets +€4,996
up €4,996 (+61.2%), from €8,170 to €13,166
of which Other tangible fixed assets: +€4,103
- Cash +€4,194
up €4,194 (+36.9%), from €11,369 to €15,563
mainly Trade debts (+€6,048) and Current portion of long-term debt (+€4,459)
- Receivables within one year -€776
down €776 (-7.5%), from €10,389 to €9,613
of which Other amounts receivable: -€796
- Trade debts +€6,048
up €6,048, from €0 to €6,048
- Current portion of long-term debt +€4,459
new in 2024: €4,459
- Profit (loss) carried forward -€1,966
down €1,966 (-14.5%), from €13,538 to €11,572
- Purchases and services +€40,803
new in 2024: €40,803
- Gross operating margin -€18,789
down €18,789 (-86.3%), from €21,764 to €2,975
- Turnover +€2,331
up €2,331 (+5.6%), from €41,447 to €43,778
- Taxes +€2,049
new in 2024: €2,049
- Depreciation -€774
down €774 (-27.7%), from €2,792 to €2,018
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 | €33,998 | €42,539 | +€8,541 | +25.1% |
| Fixed assets | 21/28 | €10,470 | €15,466 | +€4,996 | +47.7% |
| Tangible fixed assets | 22/27 | €8,170 | €13,166 | +€4,996 | +61.2% |
| Plant, machinery and equipment | 23 | €5,104 | €5,783 | +€679 | +13.3% |
| Furniture and vehicles | 24 | €849 | €1,063 | +€214 | +25.2% |
| Other tangible fixed assets | 26 | €2,217 | €6,320 | +€4,103 | +185% |
| Financial fixed assets | 28 | €2,300 | €2,300 | = | 0.0% |
| Current assets | 29/58 | €23,528 | €27,073 | +€3,545 | +15.1% |
| Stocks and contracts in progress | 3 | €1,502 | €1,502 | = | 0.0% |
| Stocks | 30/36 | €1,502 | €1,502 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €10,389 | €9,613 | -€776 | -7.5% |
| Trade receivables | 40 | - | €20 | +€20 | |
| Other amounts receivable | 41 | €10,389 | €9,593 | -€796 | -7.7% |
| Cash at bank and in hand | 54/58 | €11,369 | €15,563 | +€4,194 | +36.9% |
| Deferred charges and accrued income | 490/1 | €268 | €395 | +€127 | +47.4% |
| Total equity and liabilities | 10/49 | €33,998 | €42,539 | +€8,541 | +25.1% |
| Equity | 10/15 | €33,998 | €32,032 | -€1,966 | -5.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | - | -€18,600 | |
| Issued capital | 100 | €18,600 | - | -€18,600 | |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | - | -€1,860 | |
| Legal reserve | 130 | €1,860 | - | -€1,860 | |
| Distributable reserves | 133 | - | €1,860 | +€1,860 | |
| Profit (loss) carried forward | 14 | €13,538 | €11,572 | -€1,966 | -14.5% |
| Amounts payable | 17/49 | €0 | €10,507 | +€10,507 | |
| Amounts payable within one year | 42/48 | €0 | €10,507 | +€10,507 | |
| Current portion of amounts payable after more than one year | 42 | - | €4,459 | +€4,459 | |
| Trade debts | 44 | €0 | €6,048 | +€6,048 | |
| Suppliers | 440/4 | €0 | €6,048 | +€6,048 | |
| Taxes, remuneration and social security | 45 | €0 | - | = | |
| Taxes | 450/3 | €0 | - | = | |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €0 | - | = | |
| Turnover | 70 | €41,447 | €43,778 | +€2,331 | +5.6% |
| Non-recurring operating income | 76A | €171 | - | -€171 | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €40,803 | +€40,803 | |
| Remuneration, social security and pensions | 62 | €384 | - | -€384 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,792 | €2,018 | -€774 | -27.7% |
| Other operating charges | 640/8 | - | €360 | +€360 | |
| Gross operating margin | 9900 | €21,764 | €2,975 | -€18,789 | -86.3% |
| Operating profit (loss) | 9901 | €18,588 | €597 | -€17,991 | -96.8% |
| Financial income | 75/76B | €171 | - | -€171 | |
| Recurring financial income | 75 | €171 | - | -€171 | |
| Non-recurring financial income | 76B | €171 | - | -€171 | |
| Financial charges | 65/66B | €280 | €514 | +€234 | +83.6% |
| Recurring financial charges | 65 | €280 | €514 | +€234 | +83.6% |
| Profit (loss) for the period before taxes | 9903 | €18,479 | €83 | -€18,396 | -99.6% |
| Income taxes | 67/77 | - | €2,049 | +€2,049 | |
| Profit (loss) for the period | 9904 | €18,479 | -€1,966 | -€20,445 | |
| Profit (loss) for the period to be appropriated | 9905 | €18,479 | -€1,966 | -€20,445 |
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 28 October 2026 via checked.be.