EMD Elektriciteit
ActiveEMD Elektriciteit has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €54k and a net result of €-5k. Equity is growing by ~29.1% per year across the filed fiscal years. Its solvency ranks better than 47% of 179 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
62
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability50▼-36
Solvency71▼-13
Growth52=
Track record94
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3k at 30 days acceptable
Liquidity ample (current ratio 2.08 against 3.09 in 2024; short-term debt: 41.5% and cash: 14.1% of total assets), but 54.5% 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+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 35
Relative position
BE, all sectors
reference
Sector 35
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
45.5%
Return on assets
-4.6%
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 30-07-2026, 1 day ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
1 d early
2024
16 d early
2023
97 d early
2022
27 d early
2021
27 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
19-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€54k▼ 29.9%
2024 · €78k
2021: €30k
2022: €46k
2023: €60k
2024: €78k
2021 → 2025
Total assets
€119k▼ 9.7%
2024 · €132k
2021: €61k
2022: €130k
2023: €136k
2024: €132k
2021 → 2025
Net result
€-5k
2024 · €18k
2021: €25k
2022: €17k
2023: €13k
2024: €18k
2021 → 2025
Working capital
€54k▼ 23.4%
2024 · €70k
2021: €-11k
2022: €34k
2023: €51k
2024: €70k
2021 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€30k-€46k▲ 55.6%€60k▲ 28.9%€78k▲ 29.7%€54k▼ 29.9%
Operating result€29k-€20k▼ 32.5%€18k▼ 10.8%€23k▲ 30.4%€-7k
Net result€25k-€17k▼ 33.2%€13k▼ 19.2%€18k▲ 32.5%€-5k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €7k after €23k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €119k
Fixed assets
€16k▼ 43.5%
Current assets
€103k▼ 0.4%
Equity and liabilities €119k
Equity
€54k▼ 29.9%
Debt
€65k▲ 18.8%
The debt ratio rises from 41.4% to 54.5%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€7k▼
2024 · €36k
Cash flow
€9k▼
2024 · €31k
Solvency
45.5%▼
2024 · 58.6%
Current ratio
2.08▼
2024 · 3.09
Quick ratio
2.01▼
2024 · 2.59
Debt / equity
1.20▲
2024 · 0.71
ROE
-10.1%▼
2024 · 22.9%
ROA
-4.6%▼
2024 · 13.4%
Interest coverage
4.48▼
2024 · 14.47
Debt
€65k▲
2024 · €55k
Debt ≤ 1 year
€50k▲
2024 · €34k
Debt > 1 year
€15k▼
2024 · €21k
Income taxes
€0▼
2024 · €6k
Staff costs
€45k▼
2024 · €49k
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€132k€119k▼
Fixed assets21/28€29k€16k▼
Intangible fixed assets21€2k€0▼
Tangible fixed assets22/27€25k€15k▼
Plant, machinery and equipment23€8k€4k▼
Furniture and vehicles24€14k€11k▼
Other tangible fixed assets26€4k€377▼
Financial fixed assets28€1k€1k=
Current assets29/58€104k€103k▼
Amounts receivable after more than one year29€20k€20k=
Other amounts receivable291€20k€20k=
Stocks and contracts in progress3€17k€4k▼
Stocks30/36€17k€4k▼
Contracts in progress37€0-
Amounts receivable within one year40/41€21k€60k▲
Trade receivables40€16k€48k▲
Other amounts receivable41€6k€13k▲
Cash at bank and in hand54/58€45k€17k▼
Deferred charges and accrued income490/1€386€2k▲
Equity and liabilities
Total equity and liabilities10/49€132k€119k▼
Equity10/15€78k€54k▼
Contributions10/11€5k€5k=
Profit (loss) carried forward14€73k€49k▼
Amounts payable17/49€55k€65k▲
Amounts payable after more than one year17€21k€15k▼
Financial debts170/4€21k€15k▼
Amounts payable within one year42/48€34k€50k▲
Current portion of amounts payable after more than one year42€6k€6k▲
Financial debts43€135€171▲
Credit institutions430/8€135€171▲
Trade debts44€18k€31k▲
Suppliers440/4€18k€31k▲
Taxes, remuneration and social security45€10k€12k▲
Taxes450/3€7k€7k▲
Remuneration and social security454/9€3k€5k▲
Income statement
Code20242025
Remuneration, social security and pensions62€49k€45k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€13k€14k▲
Other operating charges640/8€2k€1k▼
Gross operating margin9900€87k€53k▼
Operating profit (loss)9901€23k€-7k▼
Financial income75/76B€3k€3k▼
Recurring financial income75€3k€3k▼
Financial charges65/66B€2k€2k▼
Recurring financial charges65€2k€2k▼
Profit (loss) for the period before taxes9903€24k€-5k▼
Income taxes67/77€6k€0▼
Profit (loss) for the period9904€18k€-5k▼
Profit (loss) for the period to be appropriated9905€18k€-5k▼
Appropriation of the result
Profit (loss) to be appropriated9906€73k€67k▼
Profit (loss) brought forward from the previous period14P€55k€73k▲
Profit to be distributed694/7-€18k
Return on contributions (dividend)694-€18k
The notes to these accounts (14 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
30-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Weakest financial yearnet €-5k ▼131%
Net result drops to €-5k, the lowest in the series.
15-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
25-04
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
04-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Liquidity doublescurrent ratio 1.49
Current ratio from 0.65 to 1.49.
04-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Brugge · 1 establishment unit since 2020
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.
Zilversparrenstraat 888310 BruggeGround area
1,074 m²
Building footprint
159 m²
Volume, LiDAR
783 m³
Parcel 31433D0270/00C009, Flanders · tallest building 14.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
EMD Elektriciteit
since 20202.308.381.353
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31433D0270/00C009 | Flanders | 1,074 m² | 1 · 159 m² | 14.3 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.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 2 entries · 1,100 EUR awarded · 1,100 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 600 EUR | 600 EUR |
| 2022 | 1 | 500 EUR | 500 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Stagebonus (stopgezet)
Recognitions · licences · registrations
Dual-learning approval
4 live approvals · 1 endedElektrische installaties duaal (so)
Elektrotechnicus (vwo)
Elektrotechnicus duaal (so)
Elektrotechnisch installateur (vwo)
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Of 107 companies in sector 35130 we hold annual accounts for 70. 31 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded14-10-2020
Fiscal year end31-12
Activities, NACEBEL
35130Electricity, gas, steam and air conditioning supply
43211General electrical installation work
35110Production of electricity from non-renewable sources
42220Construction of utility projects for electricity and telecommunications
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.