E&M Vastgoed
ActiveSummary
E&M Vastgoed has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €21k and a net result of €13k. Equity is growing by ~51.9% per year across the filed fiscal years. Its solvency ranks better than 36% of 14079 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
66
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability79▲+3
Solvency38▲+4
Growth78=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days acceptable
Liquidity short (current ratio 0.41 against 0.93 in 2024; short-term debt: 19.9% and cash: 2.3% of total assets), and 86.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four 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 68
Relative position
BE, all sectors
reference
Sector 68
lower
← fewer bankruptcies
more bankruptcies →
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
13.2%
Return on assets
8.1%
Age of the figures
9 mo
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
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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 · 8 filingsDeviation from the deadline
2025
31 d late
2024
92 d late
2023
127 d late
2022
60 d late
2021
77 d late
2020
31 d late
2019
115 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
€21k▲ 34.6%
2024 · €16k
2018: €-10k
2019: €-34k
2020: €-33k
2021: €-24k
2022: €-10k
2023: €6k
2024: €16k
2018 → 2025
Total assets
€160k▼ 9.6%
2024 · €177k
2018: €214k
2019: €206k
2020: €202k
2021: €211k
2022: €197k
2023: €179k
2024: €177k
2018 → 2025
Net result
€13k▲ 31.7%
2024 · €10k
2018: €-16k
2019: €-24k
2020: €1k
2021: €9k
2022: €14k
2023: €16k
2024: €10k
2018 → 2025
Working capital
€-19k▼ 1,491%
2024 · €-1k
2018: €-8k
2019: €-6k
2020: €-7k
2021: €-5k
2022: €-8k
2023: €-12k
2024: €-1k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€-24k-€-10k▲ 57.4%€6k€16k▲ 172%€21k▲ 34.6%
Operating result€12k-€17k▲ 40.3%€21k▲ 22.7%€17k▼ 17.6%€21k▲ 21.0%
Net result€9k-€14k▲ 57.5%€16k▲ 16.2%€10k▼ 38.1%€13k▲ 31.7%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 21% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €160k
Fixed assets
€147k ▼ 8.7%
Current assets
€13k ▼ 18.7%
Equity and liabilities €160k
Equity
€21k ▲ 34.6%
Debt
€139k ▼ 13.9%
Debt's share of the balance-sheet total falls from 91.2% to 86.8%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€35k▲
2024 · €31k
Cash flow
€27k▲
2024 · €24k
Current ratio
0.41▼
2024 · 0.93
Debt to equity
6.59▼
2024 · 10.30
ROE
61.8%▼
2024 · 63.2%
ROA
8.1%▲
2024 · 5.6%
Interest coverage
12.56▲
2024 · 10.49
Debt ≤ 1 year
€32k▲
2024 · €17k
Debt > 1 year
€106k▼
2024 · €143k
Income taxes
€5k▲
2024 · €5k
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 · 44 lines
Balance sheet
Code20242025
Assets
Total assets20/58€177k€160k▼
Fixed assets21/28€161k€147k▼
Tangible fixed assets22/27€160k€146k▼
Land and buildings22€154k€144k▼
Plant, machinery and equipment23€581-
Furniture and vehicles24€5k€2k▼
Financial fixed assets28€750€750=
Current assets29/58€16k€13k▼
Amounts receivable within one year40/41€7k€9k▲
Other amounts receivable41€7k€9k▲
Cash at bank and in hand54/58€6k€4k▼
Deferred charges and accrued income490/1€3k€626▼
Equity and liabilities
Total equity and liabilities10/49€177k€160k▼
Equity10/15€16k€21k▲
Contributions10/11€6k€19k▲
Profit (loss) carried forward14€9k€2k▼
Amounts payable17/49€161k€139k▼
Amounts payable after more than one year17€143k€106k▼
Financial debts170/4€115k€106k▼
Other amounts payable178/9€28k-
Amounts payable within one year42/48€17k€32k▲
Current portion of amounts payable after more than one year42€13k€10k▼
Trade debts44€634€462▼
Suppliers440/4€634€462▼
Taxes, remuneration and social security45€4k€2k▼
Taxes450/3€4k€2k▼
Other amounts payable47/48-€20k
Accrued charges and deferred income492/3€1k€1k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€14k€14k▼
Other operating charges640/8€2k€1k▼
Gross operating margin9900€33k€36k▲
Operating profit (loss)9901€17k€21k▲
Financial income75/76B€95-
Recurring financial income75€95-
Financial charges65/66B€3k€3k▼
Recurring financial charges65€3k€3k▼
Profit (loss) for the period before taxes9903€14k€18k▲
Income taxes67/77€5k€5k▲
Profit (loss) for the period9904€10k€13k▲
Profit (loss) for the period to be appropriated9905€10k€13k▲
Appropriation of the result
Profit (loss) to be appropriated9906€9k€22k▲
Profit (loss) brought forward from the previous period14P€-448€9k▲
Profit to be distributed694/7-€20k
Return on contributions (dividend)694-€20k
The notes to these accounts (6 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
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
31-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 92 days late
2024
05-12
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 127 days late
2023
31-12
Financial
Highest result since 2018net €16k ▲16.2%
Operating result €21k, net result €16k, both a record.
29-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 60 days late
2022
16-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 77 days late
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
31-12
Financial
Back to profitnet €1k
Net result €1k after 2 loss-making years.
23-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 115 days late
2019
31-12
Financial
Weakest financial yearnet €-24k
Net result drops to €-24k, the lowest in the series; recovery starts the following year.
30-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 61 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Lier · 1 establishment unit since 2018
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.
Vervlietstraat 142500 LierGround area
46 m²
Building footprint
46 m²
Volume, LiDAR
261 m³
Parcel 12021G0647/00Z002, Flanders · tallest building 8.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Vervlietstraat 14, 2500 Lier
since 20182.275.353.348
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12021G0647/00Z002 | Flanders | 46 m² | 1 · 46 m² | 8.8 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.
Similar companies · same sector, comparable size
Flozon
BE 0884.517.462
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Rentinck
BE 0694.810.802
Sint-Truiden · Eq €21,112
Malvini
BE 0628.478.143
Antwerpen · Eq €21,149
NDR Holding
BE 1013.273.975
Antwerpen · Eq €20,919
GOSSELAIN EVA
BE 0888.259.187
Leuze-en-Hainaut · Eq €20,919
Of 12,022 companies in sector 68203 we hold annual accounts for 5,986. 2,166 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 (pre-2019)
Founded13-03-2018
Fiscal year end31-12
Activities, NACEBEL 2025
68203Renting and operating of own or leased non-residential real estate, excluding land
82100Office administrative and 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.