EMANUBO
ActiveSummary
EMANUBO has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €922k and a net result of €-24k. Equity remains stable across the filed fiscal years (±1.8% per year). Its solvency ranks better than 35% of 27786 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
58
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability46▼-10
Solvency59▼-3
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €50k at 30 days acceptable
Liquidity short (current ratio 0.71 against 1.86 in 2024; short-term debt: 27.4% and cash: 1.4% of total assets), and 66.2% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← 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
33.8%
Return on assets
-0.9%
Age of the figures
9 mo
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 06-07-2026, 25 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
25 d early
2024
27 d early
2023
19 d early
2022
14 d early
2021
25 d early
2020
15 d early
2019
32 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
€922k▼ 2.5%
2024 · €946k
2018: €845k
2019: €800k
2020: €772k
2021: €946k
2022: €935k
2023: €925k
2024: €946k
2018 → 2025
Total assets
€2.73M▲ 6.0%
2024 · €2.58M
2018: €2.11M
2019: €2.12M
2020: €2.29M
2021: €2.58M
2022: €2.42M
2023: €2.44M
2024: €2.58M
2018 → 2025
Net result
€-24k
2024 · €21k
2018: €-621
2019: €-45k
2020: €-28k
2021: €174k
2022: €-11k
2023: €-10k
2024: €21k
2018 → 2025
Working capital
€-218k
2024 · €424k
2018: €-38k
2019: €-112k
2020: €-123k
2021: €25k
2022: €347k
2023: €422k
2024: €424k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€946k-€935k▼ 1.2%€925k▼ 1.1%€946k▲ 2.3%€922k▼ 2.5%
Operating result€224k-€26k▼ 88.6%€46k▲ 80.7%€77k▲ 66.4%€24k▼ 69.2%
Net result€174k-€-11k€-10k▲ 5.2%€21k€-24k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 69% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.73M
Fixed assets
€2.20M ▲ 32.6%
Current assets
€531k ▼ 42.1%
Equity and liabilities €2.73M
Equity
€922k ▼ 2.5%
Debt
€1.81M ▲ 10.9%
Debt's share of the balance-sheet total rises from 63.3% to 66.2%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€161k▼
2024 · €240k
Cash flow
€114k▼
2024 · €184k
Current ratio
0.71▼
2024 · 1.86
Quick ratio
0.23▲
2024 · 0.13
Debt to equity
1.96▲
2024 · 1.73
ROE
-2.6%▼
2024 · 2.3%
ROA
-0.9%▼
2024 · 0.8%
Interest coverage
3.41▼
2024 · 4.34
Debt ≤ 1 year
€749k▲
2024 · €494k
Debt > 1 year
€1.05M▼
2024 · €1.14M
Income taxes
€168▼
2024 · €308
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€2.58M€2.73M▲
Fixed assets21/28€1.66M€2.20M▲
Tangible fixed assets22/27€1.66M€2.20M▲
Land and buildings22€1.51M€2.07M▲
Plant, machinery and equipment23€75k€80k▲
Furniture and vehicles24€79k€53k▼
Current assets29/58€918k€531k▼
Stocks and contracts in progress3€852k€360k▼
Stocks30/36€852k€360k▼
Amounts receivable within one year40/41€37k€128k▲
Trade receivables40€37k€128k▲
Cash at bank and in hand54/58€29k€38k▲
Deferred charges and accrued income490/1€737€5k▲
Equity and liabilities
Total equity and liabilities10/49€2.58M€2.73M▲
Equity10/15€946k€922k▼
Contributions10/11€850k€850k=
Profit (loss) carried forward14€96k€72k▼
Amounts payable17/49€1.63M€1.81M▲
Amounts payable after more than one year17€1.14M€1.05M▼
Financial debts170/4€1.14M€1.05M▼
Amounts payable within one year42/48€494k€749k▲
Current portion of amounts payable after more than one year42€144k€159k▲
Trade debts44€59k€11k▼
Suppliers440/4€59k€11k▼
Taxes, remuneration and social security45€7k€12k▲
Taxes450/3€7k€12k▲
Other amounts payable47/48€283k€568k▲
Accrued charges and deferred income492/3-€7k
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€163k€137k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€-23k
Other operating charges640/8€22k€23k▲
Non-recurring operating charges66A-€275
Gross operating margin9900€261k€162k▼
Operating profit (loss)9901€77k€24k▼
Financial income75/76B€193€49▼
Recurring financial income75€193€49▼
Financial charges65/66B€55k€47k▼
Recurring financial charges65€55k€47k▼
Profit (loss) for the period before taxes9903€22k€-24k▼
Income taxes67/77€308€168▼
Profit (loss) for the period9904€21k€-24k▼
Profit (loss) for the period to be appropriated9905€21k€-24k▼
Appropriation of the result
Profit (loss) to be appropriated9906€96k€72k▼
Profit (loss) brought forward from the previous period14P€75k€96k▲
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
2026
06-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
04-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €21k
Net result €21k after 2 loss-making years.
12-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
17-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
06-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Back to profitnet €174k
Net result €174k after 3 loss-making years.
16-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
01-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 32 days late
2019
31-12
Financial
Weakest financial yearnet €-45k
Net result drops to €-45k, the lowest in the series; recovery starts the following year.
11-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
22-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
14-07
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, Waregem · 1 establishment unit since 2008
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.
Vredestraat 298790 WaregemGround area
1,798 m²
Building footprint
362 m²
Volume, LiDAR
431 m³
Parcel 34452B0634/00Z005, Flanders · tallest building 8.1 m. Linked by address, not a title deed.
1 establishment unit
EMANUBO
since 20082.170.017.781
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34452B0634/00Z005 | Flanders | 1,798 m² | 1 · 362 m² | 8.1 m |
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
DOME CONSTRUCTIONS
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URETEK Benelux
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D.N.S. Totaalprojecten
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X-SERVICE PLUS
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Of 15,529 companies in sector 43990 we hold annual accounts for 7,423. 3,394 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
Founded06-03-2008
Fiscal year end31-12
Activities, NACEBEL 2025
43990Other specialised construction activities
68321Property management for co-owned buildings (syndics)
Sources
Crossroads Bank for EnterprisesNational Bank · 17 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.