Emisha
ActiveSummary
Emisha has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €4k and a net result of €42k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 12% of 17043 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
69
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency31▲+1
Growth58=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Sector 62
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
5.9%
Return on assets
60.2%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 12% of 17043 sector peers (2025).
NBB · sector comparisonPosition among 17043 sector peers
Solvency
better than 12%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-07-2026, 0 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
on the day
2024
11 d early
2023
5 d early
2022
31 d late
2021
31 d late
2020
92 d late
2019
101 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€4k=
2024 · €4k
2019: €19k
2020: €37k
2021: €-27k
2022: €825
2023: €4k
2024: €4k
2019 → 2025
Total assets
€70k▼ 15.3%
2024 · €83k
2019: €33k
2020: €58k
2021: €15k
2022: €38k
2023: €60k
2024: €83k
2019 → 2025
Net result
€42k▼ 18.9%
2024 · €52k
2019: €10k
2020: €18k
2021: €-64k
2022: €37k
2023: €45k
2024: €52k
2019 → 2025
Working capital
€2k
2024 · €-15
2019: €15k
2020: €26k
2021: €-34k
2022: €-3k
2023: €-3k
2024: €-15
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€-27k-€825€4k▲ 408%€4k=€4k=
Operating result€-64k-€37k€51k▲ 35.4%€68k▲ 33.5%€55k▼ 19.1%
Net result€-64k-€37k€45k▲ 21.8%€52k▲ 15.1%€42k▼ 18.9%
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 2025; 2025 is 19% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €70k
Fixed assets
€3k ▼ 40.5%
Current assets
€68k ▼ 14.0%
Equity and liabilities €70k
Equity
€4k =
Debt
€66k ▼ 16.1%
Debt's share of the balance-sheet total falls from 95.0% to 94.1%. Debt is lower.
Key figures and ratios
EBITDA
€57k▼
2024 · €70k
Cash flow
€45k▼
2024 · €55k
Current ratio
1.03▲
2024 · 1.00
Debt to equity
15.82▼
2024 · 18.86
ROA
60.2%▼
2024 · 62.8%
Interest coverage
1032.69▼
2024 · 1301.30
Debt ≤ 1 year
€66k▼
2024 · €79k
Income taxes
€12k▼
2024 · €15k
A ratio outside any meaningful range has been withheld (balance sheet total €70k, equity €4k).
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 · 2025 against 2024 · 39 lines
Balance sheet
Code20242025
Assets
Total assets20/58€83k€70k▼
Fixed assets21/28€4k€3k▼
Tangible fixed assets22/27€4k€3k▼
Plant, machinery and equipment23€3k€2k▼
Furniture and vehicles24€936€772▼
Current assets29/58€79k€68k▼
Amounts receivable within one year40/41€33k€32k▼
Trade receivables40€33k€32k▼
Cash at bank and in hand54/58€44k€34k▼
Deferred charges and accrued income490/1€2k€3k▲
Equity and liabilities
Total equity and liabilities10/49€83k€70k▼
Equity10/15€4k€4k=
Contributions10/11€10k€10k=
Reserves13€27k€27k=
Distributable reserves133€27k€27k=
Profit (loss) carried forward14€-32k€-32k=
Amounts payable17/49€79k€66k▼
Amounts payable within one year42/48€79k€66k▼
Trade debts44€4k€4k▲
Suppliers440/4€4k€4k▲
Taxes, remuneration and social security45€31k€26k▼
Taxes450/3€31k€26k▼
Other amounts payable47/48€44k€36k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€3k▼
Other operating charges640/8€3k€3k▲
Gross operating margin9900€73k€60k▼
Operating profit (loss)9901€68k€55k▼
Financial income75/76B€1€0▼
Recurring financial income75€1€0▼
Financial charges65/66B€54€55▲
Recurring financial charges65€54€55▲
Profit (loss) for the period before taxes9903€68k€55k▼
Income taxes67/77€15k€12k▼
Profit (loss) for the period9904€52k€42k▼
Profit (loss) for the period to be appropriated9905€52k€42k▼
Appropriation of the result
Profit (loss) to be appropriated9906€20k€10k▼
Profit (loss) brought forward from the previous period14P€-32k€-32k=
Profit to be distributed694/7€52k€42k▼
Return on contributions (dividend)694€52k€42k▼
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
21-08
State Gazette act
Registered officeRegistered-office move2 facts ▸
State Gazette act
Registered office
Registered-office move2 facts ▸
- General meeting, 15-07-2026
- Registered-office move, Eendrachtstraat 27, 2060 Antwerpen
31-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
20-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2019net €52k ▲15.1%
Operating result €68k, net result €52k, both a record.
26-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
31-12
Financial
Back to profitnet €37k
Net result €37k after one loss-making year.
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
31-12
Financial
Weakest financial yearnet €-64k ▼463%
Net result drops to €-64k, the lowest in the series; recovery starts the following year.
31-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 92 days late
2020
09-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 101 days late
Financial milestoneState Gazette actNBB 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 1. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Antwerpen · 1 establishment unit since 2019
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.
Eendrachtstraat 272060 AntwerpenGround area
188 m²
Building footprint
188 m²
Volume, LiDAR
1,333 m³
Parcel 11805E0384/00A007, Flanders · tallest building 10.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Emisha
since 20192.290.642.330
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11805E0384/00A007 | Flanders | 187 m² | 1 · 187 m² | 10.0 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.
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Of 29,996 companies in sector 62200 we hold annual accounts for 18,393. 5,376 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
Founded17-06-2019
Fiscal year end31-12
Activities, NACEBEL 2025
62200Computer consultancy and computer facilities management
62100Computer programming
63100Computing infrastructure, data processing, hosting and related activities
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.