EMCOH
ActiveEMCOH 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 €20.99M and a net result of €-40k. Equity is shrinking by ~19.8% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2026. Its solvency ranks better than 77% of 5498 sector peers (fiscal year 2025). The company has been active since 2019 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 · Filed after the deadline
The financial year that closed on 30-12-2025 was due by 30-07-2026 and was filed on 22-08-2026, 23 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 · 7 filingsDeviation from the deadline
2025
23 d late
2024
8 d late
2024
2 d early
2023
19 d late
2022
on the day
2021
16 d late
2020
26 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-12-2026 and is due by 30-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
17-09-2026 today30-12-2026 close30-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€20.99M▼ 0.2%
2024 · €21.03M
2020: €-850
2021: €-15k
2022: €-14k
2023: €-34k
2024: €-27k
2024: €21.03M
2020 → 2025
Net result
€-40k
2024 · €21.06M
2020: €-860
2021: €-14k
2022: €337
2023: €-20k
2024: €7k
2024: €21.06M
2020 → 2025
Total assets
€25.63M▲ 3.1%
2024 · €24.85M
2020: €1.51M
2021: €1.51M
2022: €1.54M
2023: €1.53M
2024: €1.64M
2024: €24.85M
2020 → 2025
Solvency
81.9%▼ 2.7pp
2024 · 84.6%
2020: -0.1%
2021: -1.0%
2022: -0.9%
2023: -2.2%
2024: -1.6%
2024: 84.6%
2020 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20222023202420242025Trend
Equity€-14k-€-34k▼ 142%€-27k▲ 21.8%€21.03M€20.99M▼ 0.2%
Operating result€12k-€-8k€20k€11k▼ 46.3%€102k▲ 857%
Net result€337-€-20k€7k€21.06M▲ 281,054%€-40k
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
Multiple fiscal year ends fall in the same calendar year; an annual trend is not displayed.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €25.63M
Fixed assets
€25.19M▲ 2.1%
Current assets
€440k▲ 132%
Equity and liabilities €25.63M
Equity
€20.99M▼ 0.2%
Debt
€4.64M▲ 21.4%
The debt ratio rises from 15.4% to 18.1%. Equity is lower and debt is higher.
Key figures and ratios
Solvency
81.9%▼
2024 · 84.6%
ROE
-0.2%▼
2024 · 100.1%
ROA
-0.2%▼
2024 · 84.7%
Debt
€4.64M▲
2024 · €3.82M
Debt ≤ 1 year
€3.82M▲
2024 · €3.00M
Debt > 1 year
€820k=
2024 · €820k
Income taxes
€165▼
2024 · €2.10M
Staff costs
€60k▼
2024 · €65k
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€24.85M€25.63M▲
Fixed assets21/28€24.66M€25.19M▲
Tangible fixed assets22/27€245€26k▲
Plant, machinery and equipment23€245€2k▲
Furniture and vehicles24-€24k
Financial fixed assets28€24.66M€25.16M▲
Current assets29/58€189k€440k▲
Amounts receivable within one year40/41€180k€404k▲
Trade receivables40€180k€404k▲
Current investments50/53€7k€7k=
Cash at bank and in hand54/58€2k€29k▲
Deferred charges and accrued income490/1€234€473▲
Equity and liabilities
Total equity and liabilities10/49€24.85M€25.63M▲
Equity10/15€21.03M€20.99M▼
Contributions10/11€10€10=
Reserves13€21.03M€21.03M=
Distributable reserves133€21.03M€21.03M=
Profit (loss) carried forward14-€-40k
Amounts payable17/49€3.82M€4.64M▲
Amounts payable after more than one year17€820k€820k=
Other amounts payable178/9€820k€820k=
Amounts payable within one year42/48€3.00M€3.82M▲
Trade debts44€3k€95k▲
Suppliers440/4€3k€95k▲
Taxes, remuneration and social security45€2.12M€25k▼
Taxes450/3€2.10M€17k▼
Remuneration and social security454/9€13k€8k▼
Other amounts payable47/48€880k€3.70M▲
Income statement
Code20242025
Remuneration, social security and pensions62€65k€60k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€335€6k▲
Other operating charges640/8€968€2k▲
Gross operating margin9900€77k€170k▲
Operating profit (loss)9901€11k€102k▲
Financial income75/76B€23.16M-
Recurring financial income75€23.16M-
Financial charges65/66B€6k€142k▲
Recurring financial charges65€6k€142k▲
Profit (loss) for the period before taxes9903€23.16M€-40k▼
Income taxes67/77€2.10M€165▼
Profit (loss) for the period9904€21.06M€-40k▼
Profit (loss) for the period to be appropriated9905€21.06M€-40k▼
Appropriation of the result
Profit (loss) to be appropriated9906€21.03M€-40k▼
Profit (loss) brought forward from the previous period14P€-27k-
Transfer to equity691/2€21.03M-
To other reserves6921€21.03M-
Social balance
Average headcount (FTE)90870.80.8=
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
22-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 23 days late
2025
30-12
Financial
Weakest financial yearnet €-40k ▼100%
Net result drops to €-40k, the lowest in the series.
07-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 8 days late
29-01
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
30-12
Financial
Highest result since 2020net €21.06M ▲281054%
Net result €21.06M, the highest in the series.
30-12
Financial
Equity above €10MEq €21.03M
2 profitable years in a row build equity to €21.03M.
30-06
Financial
Back to profitnet €7k
Net result €7k after one loss-making year.
19-02
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 19 days late
2023
31-01
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
30-06
Financial
Back to profitnet €337
Net result €337 after 2 loss-making years.
16-02
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 16 days late
2021
26-02
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 26 days late
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, Tervuren · 1 establishment unit since 2019
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.
Beukenlaan 453080 TervurenGround area
3,375 m²
Building footprint
260 m²
Volume, LiDAR
1,495 m³
Parcel 24302F0031/00K000, Flanders · tallest building 9.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
EMCOH
since 20192.290.805.151
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24302F0031/00K000 | Flanders | 3,375 m² | 1 · 260 m² | 9.9 m · 2 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.
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Of 24,726 companies in sector 64210 we hold annual accounts for 19,747. 4,195 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded11-06-2019
Fiscal year end30-12
Activities, NACEBEL
64200Holdings
64210Activities of holding companies
70200Business and other management consultancy
70220Business consulting
68110Buying and selling of own real estate
68201Renting and operating of own or leased residential real estate, excluding social housing
68203Renting and operating of own or leased non-residential real estate, excluding land
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.