CEMAKA
ActiveCEMAKA has been active since 2003 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €62k and a net result of €23k. Equity is growing by ~3.7% per year across the filed fiscal years. Its solvency ranks better than 61% of 16974 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
97
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency95▲+2
Growth78▲+20
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €6k at 30 days acceptable
Liquidity ample (current ratio 3.15 against 2.93 in 2024; short-term debt: 29.7% and cash: 69.7% of total assets), and 29.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven 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 →
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
70.3%
Return on assets
25.7%
Age of the figures
15 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 19-12-2025, 43 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
43 d early
2024
42 d early
2023
5 d early
2022
39 d early
2021
34 d early
2020
33 d early
2019
43 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close19-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€62k▲ 54.3%
2024 · €40k
2019: €47k
2020: €54k
2021: €58k
2022: €17k
2023: €25k
2024: €40k
2019 → 2025
Total assets
€89k▲ 49.7%
2024 · €59k
2019: €80k
2020: €85k
2021: €73k
2022: €23k
2023: €43k
2024: €59k
2019 → 2025
Net result
€23k▲ 42.3%
2024 · €16k
2019: €-8k
2020: €7k
2021: €4k
2022: €-40k
2023: €8k
2024: €16k
2019 → 2025
Working capital
€57k▲ 55.3%
2024 · €37k
2019: €44k
2020: €53k
2021: €48k
2022: €15k
2023: €23k
2024: €37k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€58k-€17k▼ 69.7%€25k▲ 44.5%€40k▲ 60.1%€62k▲ 54.3%
Operating result€10k-€-40k€8k€22k▲ 164%€35k▲ 57.2%
Net result€4k-€-40k€8k€16k▲ 106%€23k▲ 42.3%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 57% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €89k
Fixed assets
€6k▲ 44.6%
Current assets
€83k▲ 50.0%
Equity and liabilities €89k
Equity
€62k▲ 54.3%
Debt
€26k▲ 39.8%
The debt ratio falls from 31.8% to 29.7%. Equity and debt are higher.
Key figures and ratios
EBITDA
€38k▲
2024 · €24k
Cash flow
€26k▲
2024 · €17k
Solvency
70.3%▲
2024 · 68.2%
Current ratio
3.15▲
2024 · 2.93
Quick ratio
3.15▲
2024 · 2.93
Debt / equity
0.42▼
2024 · 0.47
ROE
36.5%▼
2024 · 39.6%
ROA
25.7%▼
2024 · 27.0%
Interest coverage
348.39▲
2024 · 35.84
Debt
€26k▲
2024 · €19k
Debt ≤ 1 year
€26k▲
2024 · €19k
Income taxes
€12k▲
2024 · €6k
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€59k€89k▲
Fixed assets21/28€4k€6k▲
Tangible fixed assets22/27€4k€6k▲
Furniture and vehicles24€934€3k▲
Other tangible fixed assets26€3k€2k▼
Financial fixed assets28€40€40=
Current assets29/58€55k€83k▲
Amounts receivable within one year40/41€16k€18k▲
Trade receivables40€16k€18k▲
Cash at bank and in hand54/58€38k€62k▲
Deferred charges and accrued income490/1€2k€3k▲
Equity and liabilities
Total equity and liabilities10/49€59k€89k▲
Equity10/15€40k€62k▲
Contributions10/11€6k€6k=
Reserves13€43k€56k▲
Tax-exempt reserves132€38k€38k=
Distributable reserves133€5k€18k▲
Profit (loss) carried forward14€-9k€0▲
Amounts payable17/49€19k€26k▲
Amounts payable within one year42/48€19k€26k▲
Trade debts44€4k€5k▲
Suppliers440/4€4k€5k▲
Taxes, remuneration and social security45€14k€21k▲
Taxes450/3€14k€21k▲
Remuneration and social security454/9-€7
Other amounts payable47/48€984€875▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k€3k▲
Other operating charges640/8€510€1k▲
Gross operating margin9900€24k€39k▲
Operating profit (loss)9901€22k€35k▲
Financial charges65/66B€659€110▼
Recurring financial charges65€659€110▼
Profit (loss) for the period before taxes9903€22k€35k▲
Income taxes67/77€6k€12k▲
Profit (loss) for the period9904€16k€23k▲
Profit (loss) for the period to be appropriated9905€16k€23k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-9k€14k▲
Profit (loss) brought forward from the previous period14P€-25k€-9k▲
Transfer from equity791/2€833€833=
Transfer to equity691/2-€14k
To other reserves6921-€14k
Profit to be distributed694/7€833€833=
Return on contributions (dividend)694€833€833=
The notes to these accounts (8 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
19-12
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
30-06
Financial
Highest result since 2019net €23k ▲42.3%
Operating result €35k, net result €23k, both a record.
2024
20-12
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
26-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-06
Financial
Back to profitnet €8k
Net result €8k after one loss-making year.
2022
23-12
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
30-06
Financial
Weakest financial yearnet €-40k ▼1104%
Net result drops to €-40k, the lowest in the series; recovery starts the following year.
2021
28-12
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2020
29-12
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
30-06
Financial
Back to profitnet €7k
Net result €7k after one loss-making year.
2019
19-12
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
12-01
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
22-12
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
09-01
NBB filing
Annual accounts filed
fiscal year 2016 · full 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, Eghezée · 1 establishment unit since 2003
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.
Rue Thiry,Dhuy 155310 EghezéeGround area
1,778 m²
Building footprint
99 m²
Parcel 92034C0080/00G000, Wallonia. Linked by address, not a title deed.
1 establishment unit
CEMAKA
since 20032.134.447.881
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 92034C0080/00G000 | Wallonia | 1,778 m² | 1 · 99 m² | - |
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 3,211 companies in sector 62900 we hold annual accounts for 1,741. 1,367 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded03-10-2003
Fiscal year end30-06
Activities, NACEBEL
62900Other information technology and computer services
72600
Sources
Crossroads Bank for EnterprisesNational Bank · 22 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.