EMDY
ActiveThe computed 12-month bankruptcy probability of EMDY is 2.9% (moderate). The 2025 annual accounts show equity of €12k and a net result of €-61k. Equity remains stable across the filed fiscal years (±2% per year). Its solvency ranks better than 18% of 27358 sector peers (fiscal year 2025). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
7
/ 100
Critical▼ -87 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0▼-100
Solvency17▼-64
Growth32▼-46
Stability100
Bankruptcy probability, 12 months
2.9%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.79 against 1.53 in 2024), and 84.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
+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
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 →
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
15.7%
Return on assets
-81.2%
Age of the figures
8 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 18% of 27358 sector peers (2025).
NBB · sector comparisonPosition among 27358 sector peers
Solvency
better than 18%
← weakest
strongest →
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 · 6 filingsDeviation from the deadline
2025
1 d early
2024
36 d early
2023
6 d early
2022
20 d early
2021
27 d early
2020
22 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
13-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€12k▼ 83.8%
2024 · €73k
2020: €19k
2021: €77k
2022: €86k
2023: €62k
2024: €73k
2020 → 2025
Total assets
€76k▼ 52.0%
2024 · €157k
2020: €42k
2021: €114k
2022: €110k
2023: €146k
2024: €157k
2020 → 2025
Net result
€-61k
2024 · €24k
2020: €16k
2021: €58k
2022: €10k
2023: €10k
2024: €24k
2020 → 2025
Working capital
€-12k
2024 · €36k
2020: €19k
2021: €77k
2022: €86k
2023: €25k
2024: €36k
2020 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€77k-€86k▲ 12.5%€62k▼ 27.7%€73k▲ 17.6%€12k▼ 83.8%
Operating result€74k-€12k▼ 83.5%€15k▲ 21.0%€34k▲ 134%€-46k
Net result€58k-€10k▼ 83.4%€10k▲ 2.3%€24k▲ 143%€-61k
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 €46k after €34k in 2024, the lowest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €76k
Fixed assets
€30k▼ 46.2%
Current assets
€46k▼ 55.0%
Equity and liabilities €76k
Equity
€12k▼ 83.8%
Debt
€64k▼ 24.2%
The debt ratio rises from 53.4% to 84.3%: equity shrinks faster than debt is paid down.
Key figures and ratios
EBITDA
€-21k▼
2024 · €56k
Cash flow
€-36k▼
2024 · €45k
Solvency
15.7%▼
2024 · 46.6%
Current ratio
0.79▼
2024 · 1.53
Quick ratio
0.79▼
2024 · 1.53
Debt / equity
5.35▲
2024 · 1.15
ROE
-515.9%▼
2024 · 32.7%
ROA
-81.2%▼
2024 · 15.2%
Interest coverage
-1.40▼
2024 · 14.00
Debt
€64k▼
2024 · €84k
Debt ≤ 1 year
€58k▼
2024 · €67k
Debt > 1 year
€6k▼
2024 · €17k
Staff costs
€139k▲
2024 · €93k
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€157k€76k▼
Fixed assets21/28€55k€30k▼
Intangible fixed assets21€811€124▼
Tangible fixed assets22/27€50k€26k▼
Plant, machinery and equipment23€17k€7k▼
Furniture and vehicles24€33k€19k▼
Financial fixed assets28€4k€4k=
Current assets29/58€103k€46k▼
Amounts receivable after more than one year29€10k-
Other amounts receivable291€10k-
Amounts receivable within one year40/41€69k€43k▼
Trade receivables40€64k€39k▼
Other amounts receivable41€5k€4k▼
Cash at bank and in hand54/58€19k-
Deferred charges and accrued income490/1€4k€3k▼
Equity and liabilities
Total equity and liabilities10/49€157k€76k▼
Equity10/15€73k€12k▼
Contributions10/11€3k€3k=
Reserves13€70k€9k▼
Distributable reserves133€70k€9k▼
Amounts payable17/49€84k€64k▼
Amounts payable after more than one year17€17k€6k▼
Financial debts170/4€17k€6k▼
Amounts payable within one year42/48€67k€58k▼
Current portion of amounts payable after more than one year42€20k€12k▼
Financial debts43-€13k
Credit institutions430/8-€13k
Trade debts44€26k€16k▼
Suppliers440/4€26k€16k▼
Taxes, remuneration and social security45€8k€8k▼
Taxes450/3€2k€2k▼
Remuneration and social security454/9€6k€6k▼
Other amounts payable47/48€13k€9k▼
Income statement
Code20242025
Remuneration, social security and pensions62€93k€139k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€21k€25k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€-31k-
Other operating charges640/8€19k€2k▼
Non-recurring operating charges66A€4k-
Gross operating margin9900€141k€121k▼
Operating profit (loss)9901€34k€-46k▼
Financial income75/76B€501€414▼
Recurring financial income75€501€414▼
Financial charges65/66B€4k€16k▲
Recurring financial charges65€4k€15k▲
Non-recurring financial charges66B-€1k
Profit (loss) for the period before taxes9903€31k€-61k▼
Income taxes67/77€7k-
Profit (loss) for the period9904€24k€-61k▼
Profit (loss) for the period to be appropriated9905€24k€-61k▼
Appropriation of the result
Profit (loss) to be appropriated9906€24k€-61k▼
Transfer from equity791/2-€61k
Transfer to equity691/2€11k-
To other reserves6921€11k-
Profit to be distributed694/7€13k-
Return on contributions (dividend)694€13k-
The notes to these accounts (9 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 €-61k ▼356%
Net result drops to €-61k, the lowest in the series.
25-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
25-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
11-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
04-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Highest result since 2020net €58k ▲271%
Operating result €74k, net result €58k, both a record.
09-07
NBB filing
Annual accounts filed
fiscal year 2020 · 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, Zedelgem · 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.
't Veld 618211 ZedelgemGround area
612 m²
Building footprint
131 m²
Volume, LiDAR
591 m³
Parcel 31001A1562/00S000, Flanders · tallest building 8.2 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
EMDY
since 20202.300.533.558
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31001A1562/00S000 | Flanders | 612 m² | 1 · 131 m² | 8.2 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.
Recognitions · licences · registrations
Legal Entity Identifier
984500XEJ8DB6568F447
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BE 0780.462.889
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PLEISTERMAN
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Of 3,987 companies in sector 43310 we hold annual accounts for 1,736. 1,122 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded19-03-2020
Fiscal year end31-12
Activities, NACEBEL
43310Plastering work
23510Manufacture of other non-metallic mineral products
43320Joinery installation
45204
82990Other business support services
95314Bodywork repair (including spraying and painting)
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Data from official sources, last processed on 11-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryE-mail:michael.claes5@telenet.be