EBEMA
ActiveEBEMA has been active since 1988 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €13.73M and a net result of €1.83M. Equity remains stable across the filed fiscal years (±2.3% per year). Its solvency ranks better than 39% of 4860 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
68
/ 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
Profitability65▲+6
Solvency61▲+3
Growth37=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €900k at 30 days acceptable
Liquidity ample (current ratio 2.85 against 2.73 in 2024; short-term debt: 28.2% and cash: 3.1% of total assets), but 63.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Nine signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
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
36.1%
Return on assets
4.8%
Age of the figures
9 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €13.73M
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 30-06-2026, 31 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
31 d early
2024
28 d early
2023
33 d early
2022
46 d early
2021
48 d early
2020
38 d early
2019
39 d early
← before the deadline
after the deadline →
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
21-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
€61.04M▲ 2.6%
2024 · €59.47M
2018: €48.34M
2019: €48.04M
2020: €51.70M
2021: €57.89M
2022: €60.16M
2023: €59.06M
2024: €59.47M
2018 → 2025
EBIT margin
4.1%▲ 2.6pp
2024 · 1.5%
2018: 5.8%
2019: 1.9%
2020: 1.2%
2021: 0.7%
2022: -2.4%
2023: 0.6%
2024: 1.5%
2018 → 2025
Net result
€1.83M▲ 347%
2024 · €410k
2018: €1.88M
2019: €541k
2020: €274k
2021: €109k
2022: €-1.61M
2023: €28k
2024: €410k
2018 → 2025
Working capital
€19.80M▲ 15.0%
2024 · €17.22M
2018: €9.80M
2019: €6.75M
2020: €6.07M
2021: €5.47M
2022: €13.89M
2023: €15.19M
2024: €17.22M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€57.89M-€60.16M▲ 3.9%€59.06M▼ 1.8%€59.47M▲ 0.7%€61.04M▲ 2.6%
Equity€13.13M-€11.51M▼ 12.4%€11.52M▲ 0.1%€11.92M▲ 3.4%€13.73M▲ 15.2%
Operating result€386k-€-1.44M€352k€874k▲ 149%€2.51M▲ 188%
Net result€109k-€-1.61M€28k€410k▲ 1,349%€1.83M▲ 347%
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 188% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €38.06M
Fixed assets
€7.54M▼ 10.5%
Current assets
€30.52M▲ 12.3%
Equity and liabilities €38.06M
Equity
€13.73M▲ 15.2%
Provisions
€0▼ 100%
Debt
€24.33M▲ 2.8%
The debt ratio falls from 66.5% to 63.9%. Equity and debt are higher.
Key figures and ratios
EBITDA
€4.02M▲
2024 · €2.44M
Cash flow
€3.34M▲
2024 · €1.98M
Solvency
36.1%▲
2024 · 33.5%
Current ratio
2.85▲
2024 · 2.73
Quick ratio
1.67▲
2024 · 1.62
Debt / equity
1.77▼
2024 · 1.99
ROE
13.3%▲
2024 · 3.4%
ROA
4.8%▲
2024 · 1.2%
Interest coverage
21.19▲
2024 · 7.21
Debt
€24.33M▲
2024 · €23.66M
Debt ≤ 1 year
€10.72M▲
2024 · €9.96M
Debt > 1 year
€13.57M▼
2024 · €13.63M
Income taxes
€488k▲
2024 · €58k
Staff costs
€9.93M▼
2024 · €10.70M
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€35.60M€38.06M▲
Fixed assets21/28€8.43M€7.54M▼
Tangible fixed assets22/27€8.41M€7.53M▼
Land and buildings22€5.37M€5.17M▼
Plant, machinery and equipment23€2.47M€1.98M▼
Furniture and vehicles24€570k€382k▼
Financial fixed assets28€16k€9k▼
Other financial fixed assets284/8€16k€9k▼
Shares284€9k€9k=
Amounts receivable and cash guarantees285/8€7k€160▼
Current assets29/58€27.17M€30.52M▲
Stocks and contracts in progress3€11.02M€12.65M▲
Stocks30/36€11.02M€12.65M▲
Raw materials and consumables30/31€1.59M€2.09M▲
Work in progress32€351k€721k▲
Finished goods33€4.76M€5.14M▲
Goods purchased for resale34€4.32M€4.69M▲
Amounts receivable within one year40/41€13.70M€14.58M▲
Trade receivables40€8.52M€8.22M▼
Other amounts receivable41€5.18M€6.36M▲
Cash at bank and in hand54/58€438k€1.19M▲
Deferred charges and accrued income490/1€2.02M€2.10M▲
Equity and liabilities
Total equity and liabilities10/49€35.60M€38.06M▲
Equity10/15€11.92M€13.73M▲
Contributions10/11€9.00M€9.00M=
Capital10€9.00M€9.00M=
Issued capital100€9.00M€9.00M=
Reserves13€3.38M€3.38M=
Non-distributable reserves130/1€900k€900k=
Legal reserve130€900k€900k=
Tax-exempt reserves132€211k-
Distributable reserves133€2.27M€2.48M▲
Profit (loss) carried forward14€-656k€1.18M▲
Investment grants15€189k€173k▼
Provisions and deferred taxes16€22k-
Provisions for liabilities and charges160/5€22k-
Other liabilities and charges164/5€22k-
Amounts payable17/49€23.66M€24.33M▲
Amounts payable after more than one year17€13.63M€13.57M▼
Financial debts170/4€1.76M€1.34M▼
Credit institutions173€1.76M€1.34M▼
Other amounts payable178/9€11.87M€12.23M▲
Amounts payable within one year42/48€9.96M€10.72M▲
Current portion of amounts payable after more than one year42€442k€424k▼
Financial debts43€3.20M€3.22M▲
Credit institutions430/8€3.20M€3.22M▲
Trade debts44€2.39M€2.64M▲
Suppliers440/4€2.39M€2.64M▲
Taxes, remuneration and social security45€1.45M€1.30M▼
Taxes450/3€108k€82k▼
Remuneration and social security454/9€1.34M€1.22M▼
Other amounts payable47/48€2.48M€3.13M▲
Accrued charges and deferred income492/3€79k€42k▼
Income statement
Code20242025
Operating income70/76A€59.56M€61.90M▲
Turnover70€59.47M€61.04M▲
Change in stocks of work in progress, finished goods and contracts in progress71€-46k€746k▲
Other operating income74€137k€113k▼
Non-recurring operating income76A€7k€344▼
Operating charges60/66A€58.69M€59.38M▲
Goods for resale, raw materials and consumables60€31.50M€32.63M▲
Purchases600/8€30.85M€33.51M▲
Change in stocks: decrease (increase)609€652k€-876k▼
Services and other goods61€14.69M€15.08M▲
Remuneration, social security and pensions62€10.70M€9.93M▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1.57M€1.50M▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€6k€15k▲
Provisions for liabilities and charges: additions (uses and reversals)635/8€19k-
Other operating charges640/8€214k€224k▲
Operating profit (loss)9901€874k€2.51M▲
Financial income75/76B€249k€287k▲
Recurring financial income75€249k€287k▲
Income from financial fixed assets750€132€4k▲
Other financial income752/9€249k€283k▲
Financial charges65/66B€655k€481k▼
Recurring financial charges65€654k€481k▼
Debt charges650€339k€190k▼
Other financial charges652/9€316k€291k▼
Non-recurring financial charges66B€874-
Profit (loss) for the period before taxes9903€468k€2.32M▲
Income taxes67/77€58k€488k▲
Taxes670/3€59k€500k▲
Tax adjustments and reversals of tax provisions77€287€12k▲
Profit (loss) for the period9904€410k€1.83M▲
Transfer from tax-exempt reserves789-€211k
Profit (loss) for the period to be appropriated9905€410k€2.04M▲
Appropriation of the result
Profit (loss) to be appropriated9906€-656k€1.39M▲
Profit (loss) brought forward from the previous period14P€-1.07M€-656k▲
Transfer to equity691/2-€211k
To other reserves6921-€211k
Social balance
Average headcount (FTE)9087135.7127.7▼
The notes to these accounts (65 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
14-09
State Gazette act
General meeting · Director resignationGeneral meeting · Director resignation · Director appointment13 facts ▸
State Gazette act
General meeting · Director resignation
General meeting · Director resignation · Director appointment13 facts ▸
- General meeting, 2026-06-19
- Director resignation, bestuurder
- Director appointment, Ragla Consult Comm. Ven. (bestuurder)
- Director appointment, Ragla Consult Comm. Ven. (gedelegeerd bestuurder)
- Director appointment, Brecon BV (bestuurder)
- Director appointment, KH Consulting (bestuurder)
- Director appointment, EBEMA Group NV (bestuurder)
- Permanent representative, Rob Geraerdts
- Permanent representative, Stijn Panis
- Permanent representative, Koen Heyens
- Permanent representative, Toon-Bert Panis
- Auditor reappointment, Commissaris, tot aan de Gewone Algemene Vergadering der Aandeelhouders van 2029
- +1 further facts in this act
30-06
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
03-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
28-06
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial
Back to profitnet €28k
Net result €28k after one loss-making year.
15-06
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial
Weakest financial yearnet €-1.61M ▼1571%
Net result drops to €-1.61M, the lowest in the series; recovery starts the following year.
13-06
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
23-06
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
22-06
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
14-06
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
12-06
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
26-06
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
under verification, no change since 2026
This board is reconstructed from a single act (26115318). A Gazette act generally publishes only CHANGES, not a full roll call, so directors unchanged since then may be missing here. The KBO register holds the complete list of function holders.
BRECON
CurrentDirector · since 19-06-2026 · Private limited company · perm. rep.: Stijn Panis
Ebema Group
CurrentDirector · since 19-06-2026 · Public limited company · perm. rep.: Toon-Bert Panis
KH Consulting
CurrentDirector · since 19-06-2026 · Private limited company · perm. rep.: Koen Heyens
Ragla Consult
CurrentDirector · since 19-06-2026 · Limited partnership · perm. rep.: Rob Geraerdts
19-06-2026
BRECON: Appointed as Director
19-06-2026
Ebema Group: Appointed as Director
19-06-2026
KH Consulting: Appointed as Director
19-06-2026
Ragla Consult: Appointed as Director
19-06-2026
Ragla Consult: Appointed as Managing director
Location & real-estate footprint
Registered office, Zutendaal · 2 establishment units since 1988
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.
Dijkstraat 33690 ZutendaalGround area
19.6 ha
Building footprint
9,893 m²
Volume, LiDAR
87,700 m³
2 parcels, Flanders · tallest building 21.6 m, ±3 floors. Linked by address, not a title deed.
2 establishment units
Ebema
since 19882.040.541.092
Ebema
since 19992.040.541.191
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71582D0964/00T000 | Flanders | 13.9 ha | 1 · 9,539 m² | 21.6 m · 3 fl. |
| 13502E0035/00P004 | Flanders | 5.7 ha | 1 · 354 m² | 10.1 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Statutory auditor
1 auditor| BDO Bedrijfsrevisoren Burg. C.V.Current Statutory auditor · represented by Gert Maris | 19-06-2026 → present |
Structure & network
Connections & network
5 connected companiesNetwork connections
Shared corporate director
→
Shared corporate director
→
Shared corporate director
→
Shared corporate director
→
Show 1 more network connections
Shared corporate director
→
Ownership & control
4 partiesControl over this companysits on this company's board4
7 subsidiaries · 1 location
6 subsidiaries · 1 location
6 subsidiaries · 1 location
6 subsidiaries · 1 location
controls
EBEMABE 0435.450.717
Public money · subsidies and aid
Flemish government
2022 to 2025 · 6 entries · 41,250 EUR awarded · 41,251 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 2 | 5,274 EUR | 6,548 EUR |
| 2024 | 2 | 11,642 EUR | 10,369 EUR |
| 2023 | 1 | 14,955 EUR | 14,955 EUR |
| 2022 | 1 | 9,379 EUR | 9,379 EUR |
Schemes
Vlaams opleidingsverlof (VOV)
Werkbaarheidscheque (stopgezet)
Recognitions · licences · registrations
Legal Entity Identifier
875500U40WPS8TE9N861
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Of 395 companies in sector 46839 we hold annual accounts for 251. 60 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded06-10-1988
Fiscal year end31-12
Activities, NACEBEL
23610Manufacture of other non-metallic mineral products
46839Wholesale trade
46831Wholesale of construction materials, general range
51532
Sources
Crossroads Bank for EnterprisesNational Bank · 36 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.