EMDYN
ActiveEMDYN has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.28M and a net result of €202k. Equity is growing by ~80.4% per year across the filed fiscal years. Its solvency ranks better than 50% of 8601 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
78
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability79▼-16
Solvency77▲+17
Growth78=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €95k at 30 days acceptable
Liquidity short (current ratio 0.48 against 0.78 in 2024; short-term debt: 47.5% and cash: 12.1% of total assets), and 47.6% 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 · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 58
Relative position
BE, all sectors
reference
Sector 58
lower
← fewer bankruptcies
more bankruptcies →
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
52.4%
Return on assets
8.3%
Age of the figures
9 mo
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
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 29-07-2026, 2 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
2 d early
2024
28 d early
2023
133 d early
2022
116 d early
2021
25 d late
2020
26 d late
2019
25 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
16-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€1.28M▲ 18.7%
2024 · €1.08M
2019: €56k
2020: €68k
2021: €13k
2022: €156k
2023: €426k
2024: €1.08M
2019 → 2025
Total assets
€2.45M▼ 20.6%
2024 · €3.08M
2019: €602k
2020: €371k
2021: €754k
2022: €1.00M
2023: €2.65M
2024: €3.08M
2019 → 2025
Net result
€202k▼ 69.1%
2024 · €654k
2019: €1k
2020: €11k
2021: €-55k
2022: €143k
2023: €270k
2024: €654k
2019 → 2025
Working capital
€-605k▼ 54.6%
2024 · €-391k
2019: €-42k
2020: €-79k
2021: €-149k
2022: €52k
2023: €-508k
2024: €-391k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€13k-€156k▲ 1,133%€426k▲ 173%€1.08M▲ 154%€1.28M▲ 18.7%
Operating result€-34k-€214k€448k▲ 109%€969k▲ 116%€266k▼ 72.5%
Net result€-55k-€143k€270k▲ 88.6%€654k▲ 142%€202k▼ 69.1%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 73% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.34M
Fixed assets
€1.78M▲ 16.4%
Current assets
€556k▼ 60.5%
Equity and liabilities €2.45M
Equity
€1.28M▲ 18.7%
Debt
€1.16M▼ 41.8%
The debt ratio falls from 64.9% to 47.6%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€888k▼
2024 · €1.38M
Cash flow
€824k▼
2024 · €1.07M
Solvency
52.4%▲
2024 · 35.1%
Current ratio
0.48▼
2024 · 0.78
Quick ratio
0.48▼
2024 · 0.76
Debt / equity
0.91▼
2024 · 1.85
ROE
15.8%▼
2024 · 60.6%
ROA
8.3%▼
2024 · 21.2%
Interest coverage
20.19▲
2024 · 19.13
Debt
€1.16M▼
2024 · €2.00M
Debt ≤ 1 year
€1.16M▼
2024 · €1.80M
Debt > 1 year
€0▼
2024 · €199k
Income taxes
€74k▼
2024 · €243k
Staff costs
€57k
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€3.08M€2.45M▼
Formation expenses20€140k€108k▼
Fixed assets21/28€1.53M€1.78M▲
Intangible fixed assets21€1.41M€1.28M▼
Tangible fixed assets22/27€123k€499k▲
Plant, machinery and equipment23€9k€6k▼
Furniture and vehicles24€94k€476k▲
Other tangible fixed assets26€20k€18k▼
Financial fixed assets28-€1k
Current assets29/58€1.41M€556k▼
Stocks and contracts in progress3€36k€0▼
Stocks30/36€36k€0▼
Amounts receivable within one year40/41€1.34M€49k▼
Trade receivables40€1.34M€14k▼
Other amounts receivable41€3k€35k▲
Cash at bank and in hand54/58€31k€295k▲
Deferred charges and accrued income490/1€4k€212k▲
Equity and liabilities
Total equity and liabilities10/49€3.08M€2.45M▼
Equity10/15€1.08M€1.28M▲
Contributions10/11€34k€34k=
Reserves13€1.05M€1.25M▲
Tax-exempt reserves132€7k€7k=
Distributable reserves133€1.04M€1.24M▲
Amounts payable17/49€2.00M€1.16M▼
Amounts payable after more than one year17€199k€0▼
Financial debts170/4€199k€0▼
Amounts payable within one year42/48€1.80M€1.16M▼
Current portion of amounts payable after more than one year42€180k€0▼
Financial debts43€600k€650k▲
Credit institutions430/8€600k€650k▲
Other loans439€0-
Trade debts44€586k€130k▼
Suppliers440/4€586k€130k▼
Taxes, remuneration and social security45€430k€317k▼
Taxes450/3€430k€317k▼
Other amounts payable47/48€2k€64k▲
Accrued charges and deferred income492/3€1k€3k▲
Income statement
Code20242025
Remuneration, social security and pensions62-€57k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€415k€622k▲
Other operating charges640/8€1k€1k▲
Operating charges capitalised as restructuring costs649€-85k€0▲
Non-recurring operating charges66A-€4k
Gross operating margin9900€1.30M€950k▼
Operating profit (loss)9901€969k€266k▼
Financial income75/76B€59€54k▲
Recurring financial income75€59€54k▲
Financial charges65/66B€72k€44k▼
Recurring financial charges65€72k€44k▼
Profit (loss) for the period before taxes9903€897k€276k▼
Income taxes67/77€243k€74k▼
Profit (loss) for the period9904€654k€202k▼
Profit (loss) for the period to be appropriated9905€654k€202k▼
Appropriation of the result
Profit (loss) to be appropriated9906€654k€202k▼
Transfer to equity691/2€654k€202k▼
To other reserves6921€654k€202k▼
Social balance
Average headcount (FTE)90870.00.8▲
The notes to these accounts (27 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
29-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
03-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Highest result since 2019net €654k ▲142%
Operating result €969k, net result €654k, both a record.
31-12
Financial
Equity above €1MEq €1.08M ▲154%
3 profitable years in a row build equity to €1.08M.
20-03
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Equity above €200kEq €426k ▲173%
2 profitable years in a row build equity to €426k.
2022
07-10
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
30-06
Financial
Back to profitnet €143k
Net result €143k after one loss-making year.
30-06
Financial
Liquidity doublescurrent ratio 1.12
Current ratio from 0.47 to 1.12.
30-06
Financial
Equity above €150kEq €156k ▲1133%
Equity rises from €13k to €156k.
25-02
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 25 days late
2021
30-06
Financial
Weakest financial yearnet €-55k ▼583%
Net result drops to €-55k, the lowest in the series; recovery starts the following year.
26-02
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 26 days late
2020
06-01
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
25-01
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
28-03
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
31-03
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
10 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, Gent · 1 establishment unit since 2008
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.
Gaston Crommenlaan 89050 GentGround area
1.9 ha
Building footprint
1,241 m²
Volume, LiDAR
19,773 m³
Parcel 44032A0472/00R003, Flanders · tallest building 18.8 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
EMDYN
since 20082.170.546.729
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44032A0472/00R003 | Flanders | 1.9 ha | 1 · 1,241 m² | 18.8 m · 5 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
2025 · 1 entry · 528 EUR awarded · 528 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 528 EUR | 528 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 1,279 companies in sector 58290 we hold annual accounts for 593. 277 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded25-04-2008
Fiscal year end31-12
Activities, NACEBEL
58290Other software publishing
70200Business and other management consultancy
70220Business consulting
Sources
Crossroads Bank for EnterprisesNational Bank · 15 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.
Contact details
1 entryPhone:09 236 56 26