EMC CONSTRUCTIONS
Dissolved and wound up on 01-06-2026Financials · financial year 2025, full format
Annual accounts 2025 filed on 11-06-2026 PDF all 30 filings
Turnover
€34,263▲ 75.2%
2024 · €19,560
EBIT margin
30.1%▲ 89.7pp
2024 · -59.6%
Net result
€10,188
2024 · -€11,866
Working capital
€34,756▲ 41.5%
2024 · €24,568
Multi-year overview
2018 to 2025, 8 financial yearsTurnover
€34,263
▲ 75.2%
2025
20182025
Operating result
€10,330
2025
20182025
Net result
€10,188
2025
20182025
EBIT margin
30.1%
▲ 89.7pp
2025
20182025
Equity
€34,756
▲ 41.5%
2025
20182025
Total assets
€40,225
▲ 37.4%
2025
20182025
Debt
€5,469
▲ 16.4%
2025
20182025
Working capital
€34,756
▲ 41.5%
2025
20182025
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line20182019202020212022202320242025
Turnover€128,517-€111,193▼ 13.5%€76,330▼ 31.4%€44,428▼ 41.8%€94,083▲ 112%€63,633▼ 32.4%€19,560▼ 69.3%€34,263▲ 75.2%
Operating result-€861--€2,695▼ 213%-€10,441▼ 287%-€13,107▼ 25.5%€35,571€2,096▼ 94.1%-€11,651€10,330
Net result-€1,128--€3,151▼ 179%-€10,868▼ 245%-€13,386▼ 23.2%€35,015€1,968▼ 94.4%-€11,866€10,188
EBIT margin-0.7%--2.4%▼ 1.8pp-13.7%▼ 11.3pp-29.5%▼ 15.8pp37.8%▲ 67.3pp3.3%▼ 34.5pp-59.6%▼ 62.9pp30.1%▲ 89.7pp
Equity€26,857-€23,706▼ 11.7%€12,838▼ 45.8%-€548€34,467€36,435▲ 5.7%€24,568▼ 32.6%€34,756▲ 41.5%
Total assets€33,510-€39,218▲ 17.0%€31,867▼ 18.7%€18,756▼ 41.1%€43,868▲ 134%€48,738▲ 11.1%€29,268▼ 39.9%€40,225▲ 37.4%
Debt€6,653-€15,512▲ 133%€19,029▲ 22.7%€19,305▲ 1.4%€9,401▼ 51.3%€12,303▲ 30.9%€4,700▼ 61.8%€5,469▲ 16.4%
Working capital€25,195-€9,130▼ 63.8%€9,216▲ 0.9%-€2,770€34,669€35,859▲ 3.4%€24,568▼ 31.5%€34,756▲ 41.5%
The operating result for 2025 is a profit of €10,330, after a loss of €11,651 in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €40,225
Equity
€34,756 ▲ 41.5%
Debt
€5,469 ▲ 16.4%
Debt's share of the balance-sheet total falls from 16.1% to 13.6%. Equity and debt are higher.
Key figures and ratios
EBITDA
€10,330▲
2024 · -€11,075
Cash flow
€10,188▲
2024 · -€11,291
Current ratio
7.35▲
2024 · 6.23
Debt to equity
0.16▼
2024 · 0.19
ROE
29.3%▲
2024 · -48.3%
ROA
25.3%▲
2024 · -40.5%
Interest coverage
over 100▲
2024 · -90.86
Debt ≤ 1 year
€5,469▲
2024 · €4,700
Income taxes
€70▼
2024 · €132
Customer credit
0 days▼
2024 · 135 days
Supplier credit
4 days▼
2024 · 6 days
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Investments
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Tangible fixed assets | €1,190 | - | - | - | - |
| Depreciation and write-downs of the year | €5,609 | €5,479 | €765 | €576 | €0 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Turnover70 | €128,517 | €111,193 | €76,330 | €44,428 | €94,083 | €63,633 | €19,560 | €34,263 | ▲ 75.2% |
| Goods, raw materials, services and sundry goods60/61 | - | - | - | €51,564 | €82,869 | €60,549 | €30,445 | €23,739 | ▼ 22.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,959 | €5,718 | €6,107 | €5,609 | €5,479 | €765 | €576 | €0 | ▼ 100% |
| Other operating charges640/8 | - | - | - | €363 | €164 | €223 | €191 | €194 | ▲ 1.6% |
| Gross operating margin9900 | €1,098 | €4,752 | -€4,174 | -€7,136 | €41,214 | €3,084 | -€10,885 | €10,524 | - |
| Operating profit (loss)9901 | -€861 | -€2,695 | -€10,441 | -€13,107 | €35,571 | €2,096 | -€11,651 | €10,330 | - |
| Financial income75/76B | - | - | - | €0 | €8 | €2 | €38 | €25 | ▼ 34.6% |
| Recurring financial income75 | €39 | €4 | - | €0 | €8 | €2 | €38 | €25 | ▼ 34.6% |
| Financial charges65/66B | - | - | - | €279 | €327 | €130 | €122 | €98 | ▼ 20.0% |
| Recurring financial charges65 | €192 | €343 | €311 | €279 | €327 | €130 | €122 | €98 | ▼ 20.0% |
| Profit (loss) for the period before taxes9903 | -€1,014 | -€3,034 | -€10,752 | -€13,386 | €35,252 | €1,968 | -€11,735 | €10,257 | - |
| Income taxes67/77 | €114 | €117 | €116 | - | €237 | - | €132 | €70 | ▼ 46.9% |
| Profit (loss) for the period9904 | -€1,128 | -€3,151 | -€10,868 | -€13,386 | €35,015 | €1,968 | -€11,866 | €10,188 | - |
| Profit (loss) for the period to be appropriated9905 | -€1,128 | -€3,151 | -€10,868 | -€13,386 | €35,015 | €1,968 | -€11,866 | €10,188 | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €33,510 | €39,218 | €31,867 | €18,756 | €43,868 | €48,738 | €29,268 | €40,225 | ▲ 37.4% |
| Fixed assets21/28 | €1,662 | €14,576 | €11,239 | €6,820 | €1,341 | €576 | €0 | - | - |
| Tangible fixed assets22/27 | €1,662 | €14,576 | €11,239 | €6,820 | €1,341 | €576 | €0 | - | - |
| Plant, machinery and equipment23 | - | - | - | €2,424 | €1,341 | €576 | €0 | - | - |
| Furniture and vehicles24 | - | - | - | €4,396 | €0 | €0 | €0 | - | - |
| Current assets29/58 | €31,848 | €24,642 | €20,628 | €11,936 | €42,527 | €48,162 | €29,268 | €40,225 | ▲ 37.4% |
| Stocks and contracts in progress3 | €0 | €620 | €556 | €0 | €0 | - | - | - | - |
| Stocks30/36 | - | - | - | €0 | €0 | - | - | - | - |
| Amounts receivable within one year40/41 | €9,697 | €11,096 | €9,337 | €757 | €10,838 | €13,832 | €7,211 | €14 | ▼ 99.8% |
| Trade receivables40 | - | - | - | €340 | €10,378 | €13,319 | €7,211 | €14 | ▼ 99.8% |
| Other amounts receivable41 | - | - | - | €416 | €460 | €514 | €0 | - | - |
| Cash at bank and in hand54/58 | €20,673 | €10,608 | €8,539 | €9,239 | €31,335 | €32,919 | €20,807 | €39,582 | ▲ 90.2% |
| Deferred charges and accrued income490/1 | - | - | - | €1,941 | €354 | €1,410 | €1,250 | €629 | ▼ 49.7% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €33,510 | €39,218 | €31,867 | €18,756 | €43,868 | €48,738 | €29,268 | €40,225 | ▲ 37.4% |
| Equity10/15 | €26,857 | €23,706 | €12,838 | -€548 | €34,467 | €36,435 | €24,568 | €34,756 | ▲ 41.5% |
| Contributions10/11 | €18,600 | €18,600 | - | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Non-distributable reserves130/1 | - | - | - | €1,860 | €1,860 | €1,860 | €1,860 | - | - |
| Reserves not available under the articles1311 | - | - | - | €1,860 | €1,860 | €1,860 | €1,860 | - | - |
| Distributable reserves133 | - | - | - | - | - | - | - | €1,860 | - |
| Profit (loss) carried forward14 | €6,397 | €3,246 | -€7,622 | -€21,008 | €14,007 | €15,975 | €4,108 | €14,296 | ▲ 248% |
| Amounts payable17/49 | €6,653 | €15,512 | €19,029 | €19,305 | €9,401 | €12,303 | €4,700 | €5,469 | ▲ 16.4% |
| Amounts payable after more than one year17 | - | - | €7,617 | €4,599 | €1,543 | €0 | €0 | - | - |
| Financial debts170/4 | - | - | - | €4,599 | €1,543 | €0 | €0 | - | - |
| Amounts payable within one year42/48 | €6,653 | €15,512 | €11,412 | €14,706 | €7,858 | €12,303 | €4,700 | €5,469 | ▲ 16.4% |
| Current portion of amounts payable after more than one year42 | - | - | - | €3,018 | €3,056 | €1,543 | €0 | - | - |
| Trade debts44 | €5,326 | €247 | €6,510 | €3,068 | €934 | €6,951 | €506 | €237 | ▼ 53.1% |
| Suppliers440/4 | - | - | - | €3,068 | €934 | €6,951 | €506 | €237 | ▼ 53.1% |
| Taxes, remuneration and social security45 | - | - | - | €116 | €120 | €120 | €431 | €1,905 | ▲ 342% |
| Taxes450/3 | - | - | - | €116 | €120 | €120 | €81 | €1,905 | ▲ 23× |
| Remuneration and social security454/9 | - | - | - | - | - | - | €350 | - | - |
| Other amounts payable47/48 | - | - | - | €8,503 | €3,748 | €3,690 | €3,763 | €3,327 | ▼ 11.6% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€1,128 | -€3,151 | -€10,868 | -€13,386 | €35,015 | €1,968 | -€11,866 | €10,188 | - |
| + Depreciation and write-downs630 | €1,959 | €5,718 | €6,107 | €5,609 | €5,479 | €765 | €576 | €0 | ▼ 100% |
| Operating cash flow (approximation) | €831 | €2,567 | -€4,761 | -€7,778 | €40,495 | €2,733 | -€11,291 | €10,188 | - |
| Investment in fixed assets (approximation) | - | -€18,632 | -€2,770 | -€1,190 | €0 | €0 | -€0 | - | - |
| Change in cash | - | -€10,065 | -€2,069 | €700 | €22,096 | €1,584 | -€12,112 | €18,774 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Latest 10 of 30 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | full format | 11-06-2026 | 2026-00152220 | |
| 31-12-2024 | full format | 26-08-2025 | 2025-00425167 | |
| 31-12-2023 | full format | 20-08-2024 | 2024-00360965 | |
| 31-12-2022 | full format | 24-07-2023 | 2023-00280791 | |
| 31-12-2021 | full format | 30-08-2022 | 2022-20379775 | |
| 31-12-2020 | full format | 26-07-2021 | 2021-40300569 | |
| 31-12-2019 | full format | 22-09-2020 | 2020-54900135 | |
| 31-12-2018 | full format | 21-08-2019 | 2019-50000570 | |
| 31-12-2017 | full format | 25-07-2018 | 2018-39300500 | |
| 31-12-2016 | full format | 17-07-2017 | 2017-33300077 |