emTransit

Active

Private limited companyfounded 20187 yrs activePlantinstraat 17, 1070 Anderlecht, BelgiumKBO/BCE: BE 0716.843.856

Summary

The computed 12-month bankruptcy probability of emTransit is 5.3% (elevated). The 2025 annual accounts show equity of €843k and a net result of €171k. Equity is growing by ~63.7% per year across the filed fiscal years. Its solvency ranks better than 10% of 435 sector peers (fiscal year 2025). The company has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals.

Watch Print / PDF

Checked score

Score 2025

31 / 100

Weak

The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.

Axes · tick = 2024

Profitability57=

Solvency28▼-4

Growth78=

Track record100

Bankruptcy probability, 12 months

5.3% Elevated

0%0.5%1.5%4%10%≥ 25%

Credit up to €25k at 30 days only on tighter terms

Liquidity tight (current ratio 1.03 against 1.05 in 2024; short-term debt: 96.5% and cash: 0.7% of total assets), and 96.9% of the assets are financed with debt.

How do we compute the score and the probability?

Credit check for your own amount and term

Signals

Seven signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

Multiple establishment units

Several establishment units mean more fixed costs, and such companies fail more often than a company with one establishment.

KBO · establishment units

Limited track record

This company has not been active as long as an established one and statistically fails somewhat more often.

KBO · incorporation date

Age against the risk zone

Higher-failure-rate region

In this region companies fail more often than in the rest of the country.

KBO · registered office

Higher-failure-rate sector

In this sector companies fail more often than the Belgian average.

Gazette · bankruptcies per sector, NACE 77

Relative position

BE, all sectors

reference

Sector 77

higher

← fewer bankruptcies more bankruptcies →

Annual accounts: healthy financial profile

The latest annual accounts show a healthy profile in solvency, result and liquidity.

NBB · annual accounts 2025

Solvency, return and age of the figures

Solvency

3.1%

Return on assets

0.6%

Age of the figures

9 mo

Weak solvency vs sector

Solvency (equity / total assets) is in the sector's weakest quartile: better than 10% of 435 sector peers (2025).

NBB · sector comparison

Position among 435 sector peers

Solvency

better than 10%

← weakest strongest →

Filed after the deadline

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 17-09-2026, 48 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.

NBB · 7 filings

Deviation from the deadline

2025

48 d late

2024

357 d late

2023

30 d early

2022

3 d early

2021

2 d early

2020

87 d late

2019

201 d late

← before the deadline after the deadline →

Checked, nothing found (2)

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 months

Position in the running window

24-09-2026 today31-12-2026 close31-07-2027 deadline

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2025, full schema

Turnover

€15.77M▲ 13.4%

2024 · €13.91M

2024: €13.91M

2024 → 2025

EBIT margin

1.6%▼ 0.5pp

2024 · 2.1%

2024: 2.1%

2024 → 2025

Net result

€171k▼ 3.5%

2024 · €178k

2019: €47k 2020: €40k 2021: €66k 2022: €165k 2023: €168k 2024: €178k

2019 → 2025

Working capital

€772k▲ 64.6%

2024 · €469k

2019: €-133k 2020: €-58k 2021: €-72k 2022: €50k 2023: €325k 2024: €469k

2019 → 2025

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20212022202320242025Trend

Turnover€13.91M€15.77M▲ 13.4%

Equity€160k-€326k▲ 103%€494k▲ 51.7%€672k▲ 36.0%€843k▲ 25.5%

Operating result€106k-€344k▲ 225%€269k▼ 22.0%€289k▲ 7.6%€256k▼ 11.4%

Net result€66k-€165k▲ 152%€168k▲ 1.8%€178k▲ 5.6%€171k▼ 3.5%

Result per fiscal year

Operating resultNet result

The operating result falls in 2025; 2025 is 11% below 2024.

Balance-sheet composition

2025 in colour, 2024 as the grey bar beneath

Assets €27.07M

99.3%

Fixed assets €183k ▼ 46.5%

Current assets €26.89M ▲ 174%

Equity and liabilities €27.07M

96.9%

Equity €843k ▲ 25.5%

Debt €26.23M ▲ 176%

Debt's share of the balance-sheet total rises from 93.4% to 96.9%. Equity and debt are higher.

Key figures and ratios

2025 value · change against 2024

EBITDA

€415k▲

2024 · €353k

Cash flow

€331k▲

2024 · €242k

Current ratio

1.03▼

2024 · 1.05

Debt to equity

31.10▲

2024 · 14.12

ROE

20.3%▼

2024 · 26.4%

ROA

0.6%▼

2024 · 1.7%

Interest coverage

172.34▲

2024 · 72.74

Debt ≤ 1 year

€26.12M▲

2024 · €9.35M

Debt > 1 year

€111k=

2024 · €111k

Income taxes

€82k▼

2024 · €106k

Staff costs

€3.64M▼

2024 · €4.33M

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 · 61 lines

Balance sheet Code20242025

Assets

Total assets20/58€10.16M€27.07M▲

Fixed assets21/28€341k€183k▼

Tangible fixed assets22/27€292k€134k▼

Plant, machinery and equipment23€7k€4k▼

Furniture and vehicles24€368-

Leasing and similar rights25€201k€83k▼

Other tangible fixed assets26€85k€47k▼

Financial fixed assets28€49k€49k=

Affiliated companies280/1€49k€49k=

Participating interests280€49k€49k=

Current assets29/58€9.82M€26.89M▲

Amounts receivable after more than one year29€49k-

Other amounts receivable291€49k-

Amounts receivable within one year40/41€9.48M€26.67M▲

Trade receivables40€1€535▲

Other amounts receivable41€9.48M€26.67M▲

Cash at bank and in hand54/58€289k€184k▼

Deferred charges and accrued income490/1-€35k

Equity and liabilities

Total equity and liabilities10/49€10.16M€27.07M▲

Equity10/15€672k€843k▲

Contributions10/11€6k€6k=

Profit (loss) carried forward14€666k€837k▲

Amounts payable17/49€9.49M€26.23M▲

Amounts payable after more than one year17€111k€111k=

Financial debts170/4€111k€111k=

Leasing and similar obligations172€111k€111k=

Amounts payable within one year42/48€9.35M€26.12M▲

Current portion of amounts payable after more than one year42€89k€89k=

Trade debts44€1.22M€573k▼

Suppliers440/4€1.22M€573k▼

Taxes, remuneration and social security45€740k€701k▼

Taxes450/3€308k€264k▼

Remuneration and social security454/9€431k€437k▲

Other amounts payable47/48€7.30M€24.76M▲

Accrued charges and deferred income492/3€27k-

Income statement Code20242025

Operating income70/76A€14.09M€15.91M▲

Turnover70€13.91M€15.77M▲

Other operating income74€171k-

Non-recurring operating income76A€12k€142k▲

Operating charges60/66A€13.80M€15.65M▲

Services and other goods61€9.13M€11.45M▲

Remuneration, social security and pensions62€4.33M€3.64M▼

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€64k€159k▲

Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€188k€335k▲

Other operating charges640/8€82k€66k▼

Non-recurring operating charges66A€4k-

Operating profit (loss)9901€289k€256k▼

Financial income75/76B€23€404▲

Recurring financial income75€23€404▲

Other financial income752/9€23€404▲

Financial charges65/66B€5k€2k▼

Recurring financial charges65€5k€2k▼

Other financial charges652/9€5k€2k▼

Profit (loss) for the period before taxes9903€284k€254k▼

Income taxes67/77€106k€82k▼

Taxes670/3€106k€82k▼

Profit (loss) for the period9904€178k€171k▼

Profit (loss) for the period to be appropriated9905€178k€171k▼

Appropriation of the result

Profit (loss) to be appropriated9906€666k€837k▲

Profit (loss) brought forward from the previous period14P€488k€666k▲

Social balance

Average headcount (FTE)908770.965.1▼

The notes to these accounts (41 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Download as CSV

Timeline · acts, filings and financial milestones

All 13Financial 5Gazette 1Filings 7

Next filing, fiscal year 2026, expected by 31-07-2027

2026

17-09

NBB filing Annual accounts filed

fiscal year 2025 · full schema · 48 days late

03-09

State Gazette act Appointment: MERCKEN BEDRIJFSREVISOREN BV (statutory auditor)

Permanent representative: Maarten Desmet · Power of attorney4 facts ▸

General meeting
Auditor appointment, MERCKEN BEDRIJFSREVISOREN BV (statutory auditor)
Permanent representative, Maarten Desmet
Power of attorney, Peter Parez

23-07

NBB filing Annual accounts filed

fiscal year 2024 · unclassified schema · 357 days late

2024

31-12

Financial Highest result since 2019net €178k ▲5.6%

Net result €178k, the highest in the series.

31-12

Financial Equity above €500kEq €672k ▲36%

6 profitable years in a row build equity to €672k.

01-07

NBB filing Annual accounts filed

fiscal year 2023 · full schema

2023

28-07

NBB filing Annual accounts filed

fiscal year 2022 · full schema

2022

31-12

Financial Equity above €200kEq €326k ▲103%

4 profitable years in a row build equity to €326k.

29-07

NBB filing Annual accounts filed

fiscal year 2021 · full schema

2021

31-12

Financial Equity above €150kEq €160k ▲71.6%

3 profitable years in a row build equity to €160k.

26-10

NBB filing Annual accounts filed

fiscal year 2020 · full schema · 87 days late

17-02

NBB filing Annual accounts filed

fiscal year 2019 · full schema · 201 days late

2020

31-12

Financial Weakest financial yearnet €40k ▼14.9%

Net result drops to €40k, the lowest in the series; recovery starts the following year.

Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors

We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.

Location & real-estate footprint

Registered office, Anderlecht · 6 establishment units since 2018

establishment All 6 establishment units on the map

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.

Plantinstraat 171070 Anderlecht

Ground area

4,244 m²

Building footprint

1,461 m²

Volume, LiDAR

11,919 m³

6 parcels, Brussels, Flanders, Wallonia · tallest building 23.6 m, ±8 floors. Linked by address, not a title deed.

6 establishment units

emTransit

Real estate activities

since 20182.283.875.886

Entrepôt

Havenlaan 67, 1000 BrusselWarehousing and support activities for transportation

since 20192.303.798.302

Entrepôt Ghent

Koopvaardijlaan 28c, 9000 GentReal estate activities

since 20202.303.800.676

Entrepôt Liège #2

Rue de Steppes 18B, 4000 LiègeReal estate activities

since 20212.316.844.802

Entrepôt Anderlecht

Plantinstraat 15, 1070 AnderlechtWarehousing and support activities for transportation

since 20212.323.769.018

Entrepôt Aalst

Dendermondse steenweg 45, 9300 AalstReal estate activities

since 20222.347.052.679

6 parcels

Flanders 2 (33.3%) Wallonia 1 (16.7%) Brussels 3 (50%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
62810B0300/00B003	Wallonia	1,329 m²	-	-
21814P0421/00S005	Brussels	1,211 m²	-	-
44807G0898/00K000	Flanders	1,083 m²	1 · 1,083 m²	8.1 m · 2 fl.
41302C0945/00C004	Flanders	423 m²	1 · 181 m²	13.5 m · 3 fl.
21803C0244/00A002	Brussels	100 m²	1 · 99 m²	23.6 m · 8 fl.
21305B0190/00V017	Brussels	98 m²	1 · 98 m²	18.5 m · 5 fl.

Linked by address, not proof of ownership

Methodology

via registered seat: 1 · via establishment units: 5

6 of 6 parcels with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Statutory auditor

1 auditor

Mercken BedrijfsrevisorenCurrent

Statutory auditor · represented by Maarten Desmet

31-12-2024 → present

Public money · subsidies and aid

European research

1 project · 148,161 EUR EU contribution

Programmes

Horizon 2020

1 entry · 148,161 EUR

Projects

MObiLIty sERvices Enhanced by GALILEO & Blockchain

Horizon 2020 · participant · 01-12-2020 to 30-11-2023 · 148,161 EUR · MOLIERE

Similar companies · same sector, comparable size

CHRISTOPHE LENAERTS GROUP

Of 977 companies in sector 77210 we hold annual accounts for 217. 97 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

Founded26-12-2018

Fiscal year end31-12

Activities, NACEBEL 2025

77210Renting and leasing of sports and recreation goods

77399Renting and leasing of other machinery, equipment and tangible goods

33170Repair, maintenance and installation of machinery and equipment

47830Retail sale of motorcycles and motorcycle parts and accessories

52250Logistics services

82990Other business support services

Sources

Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers

Scores and ratios are computed by Checked and are not a credit decision.