EMAJU 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 €177k and a net result of €158k. Equity is shrinking by ~7.2% per year across the filed fiscal years. Its solvency ranks better than 43% of 7994 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 advice for your own amount and term
Signals
Three signals. The signal on the left, the evidence on the right.
○neutral
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 02-04-2026, 120 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
120 d early
2024
29 d late
2023
19 d early
2022
31 d late
2021
93 d early
2020
58 d early
2019
7 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
18-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Source amounts without an identifiable currency are assumed to be EUR.
Equity
€177k▲ 29.9%
2024 · €136k
2018: €285k
2019: €285k
2020: €168k
2021: €145k
2022: €178k
2023: €184k
2024: €136k
2018 → 2025
Net result
€158k▲ 34.6%
2024 · €117k
2018: €154k
2019: €154k
2020: €136k
2021: €105k
2022: €158k
2023: €164k
2024: €117k
2018 → 2025
Total assets
€409k▼ 12.2%
2024 · €466k
2018: €694k
2019: €694k
2020: €286k
2021: €518k
2022: €522k
2023: €445k
2024: €466k
2018 → 2025
Solvency
43.2%▲ 14.0pp
2024 · 29.2%
2018: 41.1%
2019: 41.1%
2020: 59.0%
2021: 27.9%
2022: 34.2%
2023: 41.4%
2024: 29.2%
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€145k-€178k▲ 23.5%€184k▲ 3.2%€136k▼ 26.2%€177k▲ 29.9%
Operating result€142k-€211k▲ 48.0%€220k▲ 4.2%€149k▼ 32.1%€217k▲ 45.9%
Net result€105k-€158k▲ 50.0%€164k▲ 3.6%€117k▼ 28.3%€158k▲ 34.6%
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 46% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €409k
Fixed assets
€295k▼ 5.9%
Current assets
€115k▼ 25.1%
Equity and liabilities €409k
Equity
€177k▲ 29.9%
Debt
€233k▼ 29.5%
The debt ratio falls from 70.8% to 56.8%. Equity is higher and debt is lower.
Key figures and ratios
Solvency
43.2%▲
2024 · 29.2%
ROE
89.5%▲
2024 · 86.3%
ROA
38.6%▲
2024 · 25.2%
Debt
€233k▼
2024 · €330k
Debt ≤ 1 year
€68k▼
2024 · €149k
Debt > 1 year
€165k▼
2024 · €181k
Income taxes
€60k▲
2024 · €31k
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€466k€409k▼
Fixed assets21/28€313k€295k▼
Tangible fixed assets22/27€313k€295k▼
Land and buildings22€211k€204k▼
Plant, machinery and equipment23€524€1k▲
Furniture and vehicles24€27k€18k▼
Other tangible fixed assets26€75k€71k▼
Current assets29/58€153k€115k▼
Amounts receivable after more than one year29€72k€72k=
Other amounts receivable291€72k€72k=
Amounts receivable within one year40/41€16k€9k▼
Trade receivables40€2k€2k▲
Other amounts receivable41€14k€7k▼
Cash at bank and in hand54/58€59k€25k▼
Deferred charges and accrued income490/1€5k€7k▲
Equity and liabilities
Total equity and liabilities10/49€466k€409k▼
Equity10/15€136k€177k▲
Contributions10/11€19k€19k=
Reserves13€117k€158k▲
Distributable reserves133€117k€158k▲
Profit (loss) carried forward14€0€0=
Amounts payable17/49€330k€233k▼
Amounts payable after more than one year17€181k€165k▼
Financial debts170/4€181k€165k▼
Amounts payable within one year42/48€149k€68k▼
Current portion of amounts payable after more than one year42€32k€35k▲
Trade debts44€2k€2k▼
Suppliers440/4€2k€2k▼
Taxes, remuneration and social security45€40k€31k▼
Taxes450/3€40k€31k▼
Other amounts payable47/48€76k€0▼
Accrued charges and deferred income492/3€0-
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€28k€23k▼
Other operating charges640/8€3k€22k▲
Gross operating margin9900€180k€263k▲
Operating profit (loss)9901€149k€217k▲
Financial income75/76B€3k€5k▲
Recurring financial income75€3k€5k▲
Financial charges65/66B€4k€5k▲
Recurring financial charges65€4k€5k▲
Profit (loss) for the period before taxes9903€148k€218k▲
Income taxes67/77€31k€60k▲
Profit (loss) for the period9904€117k€158k▲
Profit (loss) for the period to be appropriated9905€117k€158k▲
Appropriation of the result
Profit (loss) to be appropriated9906€117k€158k▲
Transfer from equity791/2€166k€117k▼
Transfer to equity691/2€117k€158k▲
To other reserves6921€117k€158k▲
Profit to be distributed694/7€166k€117k▼
Return on contributions (dividend)694€166k€117k▼
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
02-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Equity above €150kEq €177k ▲29.9%
8 profitable years in a row build equity to €177k.
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
12-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Highest result since 2018net €164k ▲3.6%
Operating result €220k, net result €164k, both a record.
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
31-12
Financial
Equity above €150kEq €178k ▲23.5%
5 profitable years in a row build equity to €178k.
29-04
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Weakest financial yearnet €105k ▼22.6%
Net result drops to €105k, the lowest in the series; recovery starts the following year.
03-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
24-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
12-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
05-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
04-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Zwalm · 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.
Noordlaan(Munk) 119630 ZwalmGround area
5,034 m²
Building footprint
373 m²
Volume, LiDAR
2,532 m³
2 parcels, Flanders · tallest building 13.5 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
ANN DE SMET, GEASSOCIEERD NOTARIS
since 20162.253.584.964
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 45027A0212/00B000 | Flanders | 4,194 m² | 1 · 193 m² | 13.5 m · 3 fl. |
| 45027A0165/00C000 | Flanders | 840 m² | 1 · 179 m² | 6.3 m · 1 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.
1 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).
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JAVI BERINGEN
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Of 24,725 companies in sector 64210 we hold annual accounts for 19,754. 13,475 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded26-04-2016
Fiscal year end31-12
Activities, NACEBEL
64200Holdings
64210Activities of holding companies
Sources
Crossroads Bank for EnterprisesNational Bank · 10 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.