Emek

Active

Private limited companyfounded 20197 yrs activeTurnhoutsebaan 5/004, 2110 Wijnegem, BelgiumKBO/BCE: BE 0721.520.048

The computed 12-month bankruptcy probability of Emek is 3.3% (moderate). The 2024 annual accounts show equity of €380k and a net result of €51k. Equity is growing by ~79% per year across the filed fiscal years. Its solvency ranks better than 71% of 18939 sector peers (fiscal year 2024). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.

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Checked score

Score 2024

66 / 100

Healthy

The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.

Axes · tick = 2023

Profitability78▼-16

Solvency79▲+11

Growth78=

Track record100

Bankruptcy probability, 12 months

3.3% Moderate

0%0.5%1.5%4%10%≥ 25%

Credit up to €25k at 30 days acceptable

Liquidity ample (current ratio 2.35 against 2.05 in 2023; short-term debt: 31% and cash: 24% of total assets), and 45.8% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Four signals. The signal on the left, the evidence on the right.

+raises risk○neutral

Higher-failure-rate sector

In this sector companies fail more often than the Belgian average.

Gazette · bankruptcies per sector, NACE 56

Relative position

BE, all sectors

reference

Sector 56

higher

← fewer bankruptcies more bankruptcies →

Limited track record

This company has not been active as long as an established one and statistically fails somewhat more often.

KBO · incorporation date

Age against the risk zone

Latest accounts filed on time

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 09-07-2025, 22 days ahead of the deadline.

NBB · 5 filings

Deviation from the deadline

2025

not confirmed

2024

22 d early

2023

68 d late

2022

31 d late

2021

226 d late

2020

212 d late

← before the deadline after the deadline →

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2024, micro schema

Equity

€380k▲ 15.5%

2023 · €329k

2020: €39k 2021: €100k 2022: €173k 2023: €329k

2020 → 2024

Total assets

€700k▼ 8.0%

2023 · €761k

2020: €492k 2021: €566k 2022: €684k 2023: €761k

2020 → 2024

Net result

€51k▼ 67.3%

2023 · €156k

2020: €20k 2021: €62k 2022: €73k 2023: €156k

2020 → 2024

Working capital

€294k▼ 11.6%

2023 · €333k

2020: €30k 2021: €117k 2022: €204k 2023: €333k

2020 → 2024

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20202021202220232024Trend

Equity€39k-€100k▲ 159%€173k▲ 72.8%€329k▲ 89.7%€380k▲ 15.5%

Operating result€45k-€76k▲ 68.8%€109k▲ 43.3%€261k▲ 138%€153k▼ 41.5%

Net result€20k-€62k▲ 205%€73k▲ 18.7%€156k▲ 113%€51k▼ 67.3%

Turnover and EBIT margin not published: the micro schema does not require them.

Result per fiscal year

Operating resultNet result

The operating result falls in 2024; 2024 is 41% below 2023.

Balance-sheet composition

2024 in colour, 2023 as the grey bar beneath

Assets €700k

27.0%

73.0%

Fixed assets €189k▲ 69.2%

Current assets €511k▼ 21.2%

Equity and liabilities €700k

54.2%

45.8%

Equity €380k▲ 15.5%

Debt €320k▼ 25.8%

The debt ratio falls from 56.8% to 45.8%. Equity is higher and debt is lower.

Key figures and ratios

2024 value · change against 2023

EBITDA

€167k▼

2023 · €300k

Cash flow

€65k▼

2023 · €195k

Solvency

54.2%▲

2023 · 43.2%

Current ratio

2.35▲

2023 · 2.05

Quick ratio

2.33▲

2023 · 2.05

Debt / equity

0.84▼

2023 · 1.31

ROE

13.4%▼

2023 · 47.3%

ROA

7.3%▼

2023 · 20.4%

Interest coverage

12.96▲

2023 · 9.26

Debt

€320k▼

2023 · €432k

Debt ≤ 1 year

€217k▼

2023 · €316k

Debt > 1 year

€103k▼

2023 · €113k

Income taxes

€89k▲

2023 · €73k

Staff costs

€142k▲

2023 · €124k

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 · 2024 against 2023

Balance sheet Code20232024

Assets

Total assets20/58€761k€700k▼

Fixed assets21/28€112k€189k▲

Intangible fixed assets21€6k€3k▼

Tangible fixed assets22/27€31k€61k▲

Plant, machinery and equipment23€3k€898▼

Furniture and vehicles24€8k€11k▲

Other tangible fixed assets26€20k€49k▲

Financial fixed assets28€75k€125k▲

Current assets29/58€649k€511k▼

Amounts receivable after more than one year29€450k€48k▼

Other amounts receivable291€450k€48k▼

Stocks and contracts in progress3€2k€5k▲

Stocks30/36€2k€5k▲

Amounts receivable within one year40/41€69k€164k▲

Other amounts receivable41€69k€164k▲

Cash at bank and in hand54/58€127k€168k▲

Deferred charges and accrued income490/1€478€126k▲

Equity and liabilities

Total equity and liabilities10/49€761k€700k▼

Equity10/15€329k€380k▲

Contributions10/11€19k€19k=

Profit (loss) carried forward14€310k€361k▲

Amounts payable17/49€432k€320k▼

Amounts payable after more than one year17€113k€103k▼

Financial debts170/4€113k€103k▼

Amounts payable within one year42/48€316k€217k▼

Current portion of amounts payable after more than one year42€10k€10k▲

Trade debts44€173k€50k▼

Suppliers440/4€173k€50k▼

Taxes, remuneration and social security45€134k€157k▲

Taxes450/3€117k€145k▲

Remuneration and social security454/9€17k€13k▼

Accrued charges and deferred income492/3€2k-

Income statement Code20232024

Remuneration, social security and pensions62€124k€142k▲

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€39k€14k▼

Other operating charges640/8€2k€4k▲

Gross operating margin9900€426k€313k▼

Operating profit (loss)9901€261k€153k▼

Financial income75/76B€10€24▲

Recurring financial income75€10€24▲

Financial charges65/66B€32k€13k▼

Recurring financial charges65€32k€13k▼

Profit (loss) for the period before taxes9903€229k€140k▼

Income taxes67/77€73k€89k▲

Profit (loss) for the period9904€156k€51k▼

Profit (loss) for the period to be appropriated9905€156k€51k▼

Appropriation of the result

Profit (loss) to be appropriated9906€310k€361k▲

Profit (loss) brought forward from the previous period14P€155k€310k▲

The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

All 9Financial 4Filings 5

2025

09-07

NBB filing Annual accounts filed

fiscal year 2024 · micro schema

2024

07-10

NBB filing Annual accounts filed

fiscal year 2023 · micro schema · 68 days late

2023

31-12

Financial Highest result since 2020net €156k ▲113%

Operating result €261k, net result €156k, both a record.

31-12

Financial Equity above €200kEq €329k ▲89.7%

4 profitable years in a row build equity to €329k.

31-08

NBB filing Annual accounts filed

fiscal year 2022 · micro schema · 31 days late

14-03

NBB filing Annual accounts filed

fiscal year 2021 · micro schema · 226 days late

2022

31-12

Financial Equity above €150kEq €173k ▲72.8%

3 profitable years in a row build equity to €173k.

28-02

NBB filing Annual accounts filed

fiscal year 2020 · micro schema · 212 days late

2021

31-12

Financial Equity above €100kEq €100k ▲159%

2 profitable years in a row build equity to €100k.

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors

5 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, Wijnegem · 1 establishment unit since 2019

establishment The establishment unit on the map

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.

Turnhoutsebaan 5/0042110 Wijnegem

Ground area

5.6 ha

Building footprint

4.9 ha

Volume, LiDAR

508,764 m³

Parcel 11050B0010/00E002, Flanders · tallest building 27.4 m, ±4 floors. Linked by address, not a title deed.

1 establishment unit

CHITIR CHICKEN

Turnhoutsebaan 5, 2110 WijnegemFood and beverage service activities

since 20192.286.598.618

1 parcel

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
11050B0010/00E002	Flanders	5.6 ha	1 · 4.9 ha	27.4 m · 4 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

Food safety, FASFC

1 site

Wijnegem2.286.598.618

1 permission

Toelating · Eetgelegenheid · since 08-07-2019

Similar companies · same sector, comparable size

Anderlecht · Eq €377k

Of 21,896 companies in sector 56112 we hold annual accounts for 9,784. 5,161 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification

Legal formPrivate limited company

Founded25-02-2019

Fiscal year end31-12

Activities, NACEBEL

56102Limited-service restaurants

56112Limited-service restaurants, excluding mobile food services

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.