EMAC IN WOOD
ActiveEMAC IN WOOD has been active since 1988 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €112k and a net result of €3k. Equity is growing by ~19.6% per year across the filed fiscal years. Its solvency ranks better than 16% of 1290 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2024
45
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability32▼-21
Solvency32▼-1
Growth52=
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days acceptable
Liquidity ample (current ratio 1.73 against 2.57 in 2023; short-term debt: 56.8% and cash: 5.8% of total assets), but 92.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six 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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Sector 41
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 16% of 1290 sector peers (2024).
NBB · sector comparisonPosition among 1290 sector peers
Solvency
better than 16%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 25-09-2025, 56 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 · 10 filingsDeviation from the deadline
2025
not confirmed
2024
56 d late
2023
61 d late
2022
70 d late
2021
87 d late
2020
122 d late
2019
105 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€3k▼ 88.1%
2023 · €29k
2018: €129k
2019: €15k
2020: €26k
2021: €4k
2022: €8k
2023: €29k
2018 → 2024
Working capital
€620k▼ 20.4%
2023 · €778k
2018: €27k
2019: €42k
2020: €111k
2021: €244k
2022: €120k
2023: €778k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€68k-€72k▲ 6.1%€80k▲ 10.5%€109k▲ 36.4%€112k▲ 3.2%
Operating result€37k-€14k▼ 63.3%€20k▲ 48.1%€58k▲ 185%€41k▼ 29.3%
Net result€26k-€4k▼ 83.9%€8k▲ 83.2%€29k▲ 283%€3k▼ 88.1%
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 29% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.50M
Fixed assets
€29k▲ 181%
Current assets
€1.47M▲ 15.7%
Equity and liabilities €1.50M
Equity
€112k▲ 3.2%
Debt
€1.39M▲ 18.3%
The debt ratio rises from 91.5% to 92.5%. Equity and debt are higher.
Key figures and ratios
EBITDA
€48k▼
2023 · €65k
Cash flow
€10k▼
2023 · €36k
Solvency
7.5%▼
2023 · 8.5%
Current ratio
1.73▼
2023 · 2.57
Quick ratio
1.02▲
2023 · 0.91
Debt / equity
12.38▲
2023 · 10.80
ROE
3.1%▼
2023 · 26.7%
ROA
0.2%▼
2023 · 2.3%
Interest coverage
1.51▼
2023 · 3.74
Debt
€1.39M▲
2023 · €1.18M
Debt ≤ 1 year
€854k▲
2023 · €495k
Debt > 1 year
€536k▼
2023 · €680k
Income taxes
€6k▼
2023 · €21k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€1.28M€1.50M▲
Fixed assets21/28€10k€29k▲
Tangible fixed assets22/27€10k€29k▲
Furniture and vehicles24€10k€29k▲
Current assets29/58€1.27M€1.47M▲
Stocks and contracts in progress3€824k€606k▼
Stocks30/36€824k€606k▼
Amounts receivable within one year40/41€390k€774k▲
Trade receivables40€333k€737k▲
Other amounts receivable41€57k€38k▼
Cash at bank and in hand54/58€54k€87k▲
Deferred charges and accrued income490/1€7k€7k▲
Equity and liabilities
Total equity and liabilities10/49€1.28M€1.50M▲
Equity10/15€109k€112k▲
Contributions10/11€6k€6k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€101k€104k▲
Amounts payable17/49€1.18M€1.39M▲
Amounts payable after more than one year17€680k€536k▼
Financial debts170/4€680k€536k▼
Amounts payable within one year42/48€495k€854k▲
Current portion of amounts payable after more than one year42€599€1k▲
Trade debts44€458k€823k▲
Suppliers440/4€458k€823k▲
Taxes, remuneration and social security45€33k€27k▼
Taxes450/3€33k€27k▼
Other amounts payable47/48€4k€4k▼
Income statement
Code20232024
Non-recurring operating income76A€17k-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7k€7k▼
Other operating charges640/8€8k€2k▼
Gross operating margin9900€73k€50k▼
Operating profit (loss)9901€58k€41k▼
Financial income75/76B€9k€1▼
Recurring financial income75€9k€1▼
Financial charges65/66B€17k€31k▲
Recurring financial charges65€17k€31k▲
Profit (loss) for the period before taxes9903€50k€9k▼
Income taxes67/77€21k€6k▼
Profit (loss) for the period9904€29k€3k▼
Profit (loss) for the period to be appropriated9905€29k€3k▼
Appropriation of the result
Profit (loss) to be appropriated9906€101k€104k▲
Profit (loss) brought forward from the previous period14P€72k€101k▲
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
25-09
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 56 days late
2024
31-12
Financial
Weakest financial yearnet €3k ▼88.1%
Net result drops to €3k, the lowest in the series.
30-09
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 61 days late
2023
31-12
Financial
Liquidity doublescurrent ratio 2.57
Current ratio from 1.26 to 2.57.
31-12
Financial
Equity above €100kEq €109k ▲36.4%
6 profitable years in a row build equity to €109k.
09-10
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 70 days late
2022
26-10
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 87 days late
2021
30-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 122 days late
2020
13-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 105 days late
2019
25-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 421 days late
28-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 28 days late
2017
29-09
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 60 days late
2016
31-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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, Grez-Doiceau · 1 establishment unit since 1989
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.
Allée Bois de Bercuit 771390 Grez-Doiceau1 establishment unit
Allée Bois de Bercuit 77, 1390 Grez-Doiceau
since 19892.045.085.345
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BE 0675.901.542
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CONCREET
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DARINEXT
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ENTREPRISE DE CONSTRUCTION BRUNO COLLARD
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Of 29,801 companies in sector 41001 we hold annual accounts for 16,045. 13,042 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded19-04-1988
Fiscal year end31-12
Activities, NACEBEL
41001General construction of residential buildings
68121Development of residential building projects
68122Development of non-residential building projects
68201Renting and operating of own or leased residential real estate, excluding social housing
68310Real estate agency activities
68311Real estate activities
Sources
Crossroads Bank for EnterprisesNational Bank · 32 filings
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.