EMC37
ActiveEMC37 has been active since 2005 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €789k and a net result of €66k. Equity is growing by ~27.5% per year across the filed fiscal years. Its solvency ranks better than 61% of 217 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
80
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability76▼-8
Solvency93▲+6
Growth78=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €60k at 30 days acceptable
Liquidity ample (current ratio 6.54 against 3.54 in 2024; short-term debt: 6.2% and cash: 4.1% of total assets), and 32.3% 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○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
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
67.7%
Return on assets
5.6%
Age of the figures
9 mo
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 60
Relative position
BE, all sectors
reference
Sector 60
lower
← fewer bankruptcies
more bankruptcies →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 09-09-2026, 40 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
40 d late
2024
22 d late
2023
61 d late
2022
31 d late
2021
53 d early
2020
24 d early
2019
55 d late
← 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
20-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€789k▲ 9.1%
2024 · €723k
2018: €147k
2019: €213k
2020: €279k
2021: €462k
2022: €526k
2023: €581k
2024: €723k
2018 → 2025
Total assets
€1.17M▼ 0.8%
2024 · €1.18M
2018: €336k
2019: €409k
2020: €451k
2021: €1.10M
2022: €1.10M
2023: €1.09M
2024: €1.18M
2018 → 2025
Net result
€66k▼ 53.8%
2024 · €142k
2018: €30k
2019: €66k
2020: €66k
2021: €183k
2022: €85k
2023: €139k
2024: €142k
2018 → 2025
Working capital
€398k▲ 38.6%
2024 · €287k
2018: €-21k
2019: €25k
2020: €58k
2021: €110k
2022: €126k
2023: €171k
2024: €287k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€462k-€526k▲ 14.0%€581k▲ 10.5%€723k▲ 24.4%€789k▲ 9.1%
Operating result€269k-€122k▼ 54.7%€193k▲ 58.0%€239k▲ 24.0%€91k▼ 62.1%
Net result€183k-€85k▼ 53.6%€139k▲ 63.5%€142k▲ 2.1%€66k▼ 53.8%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 62% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.17M
Fixed assets
€695k▼ 10.3%
Current assets
€470k▲ 17.5%
Equity and liabilities €1.17M
Equity
€789k▲ 9.1%
Debt
€377k▼ 16.6%
The debt ratio falls from 38.5% to 32.3%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€177k▼
2024 · €337k
Cash flow
€152k▼
2024 · €240k
Solvency
67.7%▲
2024 · 61.5%
Current ratio
6.54▲
2024 · 3.54
Quick ratio
5.45▲
2024 · 2.96
Debt / equity
0.48▼
2024 · 0.62
ROE
8.3%▼
2024 · 19.6%
ROA
5.6%▼
2024 · 12.1%
Interest coverage
27.89▼
2024 · 44.10
Debt
€377k▼
2024 · €452k
Debt ≤ 1 year
€72k▼
2024 · €113k
Debt > 1 year
€305k▼
2024 · €339k
Income taxes
€26k▼
2024 · €91k
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€1.18M€1.17M▼
Fixed assets21/28€775k€695k▼
Tangible fixed assets22/27€775k€695k▼
Land and buildings22€626k€595k▼
Plant, machinery and equipment23€63k€54k▼
Furniture and vehicles24€86k€46k▼
Financial fixed assets28€150€150=
Current assets29/58€400k€470k▲
Stocks and contracts in progress3€66k€78k▲
Stocks30/36€66k€78k▲
Amounts receivable within one year40/41€183k€338k▲
Trade receivables40€79k€28k▼
Other amounts receivable41€104k€310k▲
Cash at bank and in hand54/58€144k€48k▼
Deferred charges and accrued income490/1€7k€5k▼
Equity and liabilities
Total equity and liabilities10/49€1.18M€1.17M▼
Equity10/15€723k€789k▲
Reserves13€723k€789k▲
Distributable reserves133€723k€789k▲
Profit (loss) carried forward14€0-
Amounts payable17/49€452k€377k▼
Amounts payable after more than one year17€339k€305k▼
Financial debts170/4€339k€305k▼
Amounts payable within one year42/48€113k€72k▼
Current portion of amounts payable after more than one year42€52k€34k▼
Financial debts43€7k€8k▲
Credit institutions430/8€7k€8k▲
Trade debts44€39k€7k▼
Suppliers440/4€39k€7k▼
Advances received on contracts in progress46-€474
Taxes, remuneration and social security45€16k€22k▲
Taxes450/3€16k€22k▲
Other amounts payable47/48€0-
Income statement
Code20242025
Non-recurring operating income76A-€56k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€98k€87k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€0-
Other operating charges640/8€7k€6k▼
Non-recurring operating charges66A€0-
Gross operating margin9900€344k€183k▼
Operating profit (loss)9901€239k€91k▼
Financial income75/76B€1k€8k▲
Recurring financial income75€1k€8k▲
Financial charges65/66B€8k€6k▼
Recurring financial charges65€8k€6k▼
Profit (loss) for the period before taxes9903€233k€92k▼
Income taxes67/77€91k€26k▼
Profit (loss) for the period9904€142k€66k▼
Profit (loss) for the period to be appropriated9905€142k€66k▼
Appropriation of the result
Profit (loss) to be appropriated9906€142k€66k▼
Transfer from equity791/2€0-
Transfer to equity691/2€142k€66k▼
To other reserves6921€142k€66k▼
Profit to be distributed694/7€0-
Return on contributions (dividend)694€0-
Social balance
Average headcount (FTE)90870.00.0=
The notes to these accounts (16 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
09-09
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 40 days late
2025
22-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 22 days late
2024
30-09
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 61 days late
2023
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 31 days late
2022
31-12
Financial
Equity above €500kEq €526k ▲14%
5 profitable years in a row build equity to €526k.
08-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Highest result since 2018net €183k ▲177%
Operating result €269k, net result €183k, both a record.
07-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
24-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 55 days late
2019
31-12
Financial
Equity above €200kEq €213k ▲45%
2 profitable years in a row build equity to €213k.
05-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
07-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
12-06
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
4 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, Berlare · 1 establishment unit since 2005
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.
Overheet(B) 299290 BerlareGround area
1,661 m²
Building footprint
223 m²
Volume, LiDAR
875 m³
Parcel 42003C0665/00K000, Flanders · tallest building 7.9 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
bike setup
since 20052.146.025.030
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 42003C0665/00K000 | Flanders | 1,661 m² | 1 · 223 m² | 7.9 m · 1 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.
Public money · subsidies and aid
Flemish government
2022 · 1 entry · 813 EUR awarded · 813 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2022 | 1 | 813 EUR | 813 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 719 companies in sector 60310 we hold annual accounts for 157. 81 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded21-03-2005
Fiscal year end31-12
Activities, NACEBEL
60310News agency activities
63910Computing infrastructure, data processing, hosting and other information service activities
45402
47830Retail sale of motorcycles and motorcycle parts and accessories
50400Inland freight water transport
Sources
Crossroads Bank for EnterprisesNational Bank · 20 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryPhone:0477.29.14.40