E.M.C.
ActiveSummary
E.M.C. has been active since 1990 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €169k and a net result of €4k. Equity is growing by ~3.7% per year across the filed fiscal years. Its solvency ranks better than 84% of 19357 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2024
81
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability71▼-14
Solvency100▲+14
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €13k at 30 days acceptable
Liquidity ample (current ratio 4.36 against 2.35 in 2023; short-term debt: 20.8% and cash: 1.6% of total assets), and 20.8% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Three signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
neutral · A punctual record breaks
This company filed 9 consecutive financial years on time. The year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 01-09-2025, 32 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
32 d late
2023
51 d early
2022
60 d early
2021
52 d early
2020
64 d early
2019
63 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€169k▲ 2.1%
2023 · €165k
2018: €159k
2019: €141k
2020: €116k
2021: €122k
2022: €130k
2023: €165k
2018 → 2024
Total assets
€213k▼ 20.8%
2023 · €269k
2018: €196k
2019: €174k
2020: €124k
2021: €146k
2022: €246k
2023: €269k
2018 → 2024
Net result
€4k▼ 90.0%
2023 · €35k
2018: €-9k
2019: €-19k
2020: €-25k
2021: €6k
2022: €8k
2023: €35k
2018 → 2024
Working capital
€149k▲ 6.8%
2023 · €140k
2018: €128k
2019: €96k
2020: €71k
2021: €80k
2022: €100k
2023: €140k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€116k-€122k▲ 5.2%€130k▲ 6.7%€165k▲ 27.1%€169k▲ 2.1%
Operating result€-25k-€6k€8k▲ 35.8%€35k▲ 330%€4k▼ 89.8%
Net result€-25k-€6k€8k▲ 35.7%€35k▲ 334%€4k▼ 90.0%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 90% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €213k
Fixed assets
€20k ▼ 23.3%
Current assets
€194k ▼ 20.5%
Equity and liabilities €213k
Equity
€169k ▲ 2.1%
Debt
€44k ▼ 57.3%
Debt's share of the balance-sheet total falls from 38.6% to 20.8%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€10k▼
2023 · €42k
Cash flow
€9k▼
2023 · €43k
Current ratio
4.36▲
2023 · 2.35
Quick ratio
3.92▲
2023 · 2.21
Debt to equity
0.26▼
2023 · 0.63
ROE
2.1%▼
2023 · 21.3%
ROA
1.7%▼
2023 · 13.1%
Interest coverage
205.73▼
2023 · 1000.48
Debt ≤ 1 year
€44k▼
2023 · €104k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 44 lines
Balance sheet
Code20232024
Assets
Total assets20/58€269k€213k▼
Fixed assets21/28€26k€20k▼
Tangible fixed assets22/27€26k€20k▼
Plant, machinery and equipment23€26k€20k▼
Current assets29/58€244k€194k▼
Amounts receivable after more than one year29-€592
Other amounts receivable291-€592
Stocks and contracts in progress3€14k€19k▲
Stocks30/36€11k€11k=
Contracts in progress37€3k€8k▲
Amounts receivable within one year40/41€206k€170k▼
Trade receivables40€203k€168k▼
Other amounts receivable41€2k€2k▲
Cash at bank and in hand54/58€23k€3k▼
Deferred charges and accrued income490/1€705€332▼
Equity and liabilities
Total equity and liabilities10/49€269k€213k▼
Equity10/15€165k€169k▲
Contributions10/11€60k€60k=
Reserves13€46k€46k=
Non-distributable reserves130/1€6k-
Reserves not available under the articles1311€6k-
Distributable reserves133€40k€46k▲
Profit (loss) carried forward14€60k€64k▲
Amounts payable17/49€104k€44k▼
Amounts payable within one year42/48€104k€44k▼
Trade debts44€130-
Suppliers440/4€130-
Other amounts payable47/48€104k€44k▼
Income statement
Code20232024
Non-recurring operating income76A€74-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7k€6k▼
Other operating charges640/8€362€669▲
Non-recurring operating charges66A€10k€100▼
Gross operating margin9900€52k€10k▼
Operating profit (loss)9901€35k€4k▼
Financial income75/76B€100€0▼
Recurring financial income75€100€0▼
Non-recurring financial income76B-€0
Financial charges65/66B€42€46▲
Recurring financial charges65€42€46▲
Profit (loss) for the period before taxes9903€35k€4k▼
Profit (loss) for the period9904€35k€4k▼
Profit (loss) for the period to be appropriated9905€35k€4k▼
Appropriation of the result
Profit (loss) to be appropriated9906€60k€64k▲
Profit (loss) brought forward from the previous period14P€25k€60k▲
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
01-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 32 days late
2024
10-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Highest result since 2018net €35k ▲334%
Operating result €35k, net result €35k, both a record.
31-12
Financial
Equity above €150kEq €165k ▲27.1%
3 profitable years in a row build equity to €165k.
01-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
09-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Back to profitnet €6k
Net result €6k after 3 loss-making years.
28-05
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Weakest financial yearnet €-25k
Net result drops to €-25k, the lowest in the series; recovery starts the following year.
31-12
Financial
Liquidity triplescurrent ratio 9.88
Current ratio from 3.86 to 9.88; short-term debt falls from €34k to €8k.
29-05
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
03-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
Show earlier events
2018
31-05
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
06-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
27-05
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Willebroek · 1 establishment unit since 1990
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Breendonkstraat 3212830 WillebroekGround area
612 m²
Building footprint
137 m²
Volume, LiDAR
751 m³
Parcel 12036A0057/00N000, Flanders · tallest building 7.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
E.M.C.
since 19902.050.096.285
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12036A0057/00N000 | Flanders | 612 m² | 1 · 137 m² | 7.9 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
Giant Upgrading Building Projects
BE 0832.092.031
Lennik · Eq €168k
Management MA
BE 0894.203.012
Brecht · Eq €170k
Debrouckère Leisure
BE 0750.734.567
Oudergem · Eq €171k
HAZENDONCK
BE 0849.031.496
Hasselt · Eq €167k
NEW INTERFORM
BE 0415.157.921
Genk · Eq €165k
Of 1,292 companies in sector 68122 we hold annual accounts for 901. 582 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded22-06-1990
Fiscal year end31-12
Activities, NACEBEL 2025
68122Development of non-residential building projects
Sources
Crossroads Bank for EnterprisesNational Bank · 34 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.