Summary
homework is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €191k and a net result of €2k. Equity is growing by ~14.5% per year across the filed fiscal years. Its solvency ranks better than 29% of 8023 sector peers (fiscal year 2025). The company has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The health score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
Credit check for your own amount and term
Signals
1 signal. The signal on the left, the evidence on the right.
○neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 30-10-2025, 1 day ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
1 d early
2024
2 d early
2023
1 d early
2022
4 d early
2021
16 d late
2020
15 d early
2019
29 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close24-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, micro schema
Equity
€191k▲ 0.8%
2024 · €189k
2019: €43k
2020: €90k
2021: €128k
2022: €171k
2023: €179k
2024: €189k
2019 → 2025
Net result
€2k▼ 78.2%
2024 · €11k
2019: €-12k
2020: €47k
2021: €38k
2022: €43k
2023: €9k
2024: €11k
2019 → 2025
Total assets
€757k▲ 38.1%
2024 · €549k
2019: €526k
2020: €550k
2021: €431k
2022: €205k
2023: €189k
2024: €549k
2019 → 2025
Solvency
25.2%▼ 9.3pp
2024 · 34.5%
2019: 8.2%
2020: 16.4%
2021: 29.6%
2022: 83.3%
2023: 94.6%
2024: 34.5%
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€128k-€171k▲ 33.4%€179k▲ 5.0%€189k▲ 5.8%€191k▲ 0.8%
Operating result€56k-€52k▼ 7.4%€15k▼ 71.7%€18k▲ 22.7%€22k▲ 24.9%
Net result€38k-€43k▲ 13.7%€9k▼ 78.4%€11k▲ 22.2%€2k▼ 78.2%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 25% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €757k
Fixed assets
€716k ▲ 63.3%
Current assets
€42k ▼ 62.1%
Equity and liabilities €757k
Equity
€191k ▲ 0.8%
Debt
€566k ▲ 57.7%
Debt's share of the balance-sheet total rises from 65.5% to 74.8%. Equity and debt are higher.
Key figures and ratios
ROE
1.3%▼
2024 · 6.0%
ROA
0.3%▼
2024 · 2.1%
Debt ≤ 1 year
€109k▲
2024 · €77k
Debt > 1 year
€455k▲
2024 · €282k
Income taxes
€247▼
2024 · €1k
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 · 52 lines
Balance sheet
Code20242025
Assets
Total assets20/58€549k€757k▲
Fixed assets21/28€438k€716k▲
Tangible fixed assets22/27€438k€716k▲
Land and buildings22€420k€686k▲
Plant, machinery and equipment23€8k€23k▲
Furniture and vehicles24€10k€6k▼
Financial fixed assets28€200€200=
Current assets29/58€110k€42k▼
Amounts receivable within one year40/41€16k€15k▼
Trade receivables40€13k€13k▲
Other amounts receivable41€3k€3k▼
Current investments50/53€250€250=
Cash at bank and in hand54/58€94k€26k▼
Deferred charges and accrued income490/1€270€71▼
Equity and liabilities
Total equity and liabilities10/49€549k€757k▲
Equity10/15€189k€191k▲
Contributions10/11€60k€60k=
Reserves13€129k€131k▲
Distributable reserves133€129k€131k▲
Profit (loss) carried forward14€0€0=
Amounts payable17/49€359k€566k▲
Amounts payable after more than one year17€282k€455k▲
Financial debts170/4€282k€455k▲
Amounts payable within one year42/48€77k€109k▲
Current portion of amounts payable after more than one year42€19k€22k▲
Trade debts44€56k€7k▼
Suppliers440/4€56k€7k▼
Advances received on contracts in progress46-€2k
Taxes, remuneration and social security45€1k€8k▲
Taxes450/3€1k€8k▲
Other amounts payable47/48€833€69k▲
Accrued charges and deferred income492/3€14€3k▲
Income statement
Code20242025
Non-recurring operating income76A-€2k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8k€24k▲
Other operating charges640/8€1k€2k▲
Gross operating margin9900€27k€48k▲
Operating profit (loss)9901€18k€22k▲
Financial income75/76B€0€0▲
Recurring financial income75€0€0▲
Financial charges65/66B€6k€20k▲
Recurring financial charges65€6k€20k▲
Profit (loss) for the period before taxes9903€12k€3k▼
Income taxes67/77€1k€247▼
Profit (loss) for the period9904€11k€2k▼
Profit (loss) for the period to be appropriated9905€11k€2k▼
Appropriation of the result
Profit (loss) to be appropriated9906€11k€2k▼
Profit (loss) brought forward from the previous period14P€0-
Transfer from equity791/2€833€859▲
Transfer to equity691/2€11k€2k▼
To other reserves6921€11k€2k▼
Profit to be distributed694/7€833€859▲
Return on contributions (dividend)694€833€859▲
The notes to these accounts (13 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
2025
30-10
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2024
29-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2023
30-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
31-03
Financial
Liquidity quadruplescurrent ratio 6.87
Current ratio from 1.78 to 6.87; short-term debt falls from €26k to €5k.
2022
27-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
31-03
Financial
Equity above €150kEq €171k ▲33.4%
3 profitable years in a row build equity to €171k.
2021
16-11
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 16 days late
31-03
Financial
Equity above €100kEq €128k ▲41.7%
2 profitable years in a row build equity to €128k.
2020
16-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
31-03
Financial
Back to profitnet €47k
Net result €47k after one loss-making year.
2019
02-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
29-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Merelbeke-Melle · 1 establishment unit since 2016
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.
Burg. Van Gansberghelaan 5B9820 Merelbeke-MelleGround area
1,639 m²
Building footprint
148 m²
Volume, LiDAR
1,153 m³
Parcel 44413A0352/00B003, Flanders · tallest building 16.1 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
homework
since 20162.256.129.928
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44413A0352/00B003 | Flanders | 1,639 m² | 1 · 148 m² | 16.1 m · 3 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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GMT+
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Seratan
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EMERGYA MANAGEMENT
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Of 24,725 companies in sector 64210 we hold annual accounts for 19,762. 13,498 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
Founded06-07-2016
Fiscal year end31-03
Activities, NACEBEL 2025
64210Activities of holding companies
55203Holiday cottages, homes and apartments
70100Activities of head offices
70200Business and other management consultancy
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 8 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.