Summary
Emerald Expeditors is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2024 annual accounts show equity of €2.5m and a net result of €2.4m. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 42% of 6166 sector peers (fiscal year 2024). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Overview
What they do
Activities of holding companies
NACE 64210Holdings NACE 64200
1 site
How big
€5.9mtotal assets 2024
- Equity
- €2.5m
- Profit
- €2.4m
Turnover not published (abridged schema)
Financially healthy?
Financial institution: outside the modelProbability: sector outside the model
Who decides
- Holdings
- 1
Accounts 62 d overdue0 of 3 deeds read
Signals+ Growing equityFiled after the deadlineShow the evidence
Checked score
Outside the general model
Model not applicable to financial institutions
The Checked 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 check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Two signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Growing equity
Reported equity is higher than in 2022 and did not fall compared with 2023. These amounts do not establish the cause of the change.
NBB · annual accounts 2024Equity per financial year
21222324
2021 to 2024 · latest year €2.5m
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 07-10-2025, 68 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 · 4 filingsDeviation from the deadline
2025
not confirmed
2024
68 d late
2023
110 d late
2022
30 d late
2021
29 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 4 accounts on average 59 days after the deadline; the sector median for financial year 2024 is 14 days before the deadline, and 28% of the sector filed late.
Checked, nothing found (1)
- General meeting · MergerAccounting effect · Director resignation
- General meeting · MergerAccounting effect · Shareholding
- Annual accounts filedfiscal year 2024 · abbreviated…
Financials
Fiscal year 2024Total assets €5.9mProfit €2.4mSolvency 43.3%Liquidity 1.78
Total assets
€5.9m▲ 11.0%
2021 - 2024
Net result
€2.4m▲ 637%
2021 - 2024
Equity
€2.5m▲ 1,458%
2021 - 2024
Solvency
43.3%▲ 40.2pp
2021 - 2024
Financials · fiscal year 2024, abbreviated schema
Trend over the years
Trend over the years
In euros
In per cent
Ratio
In full-time equivalents (FTE)
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
In full-time equivalents (FTE)
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 64, Financial service activities, except insurance and pension funding, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line2021202220232024
Operating result€0.1m-€0.2m▲ 78.4%€0.5m▲ 188%€0.3m▼ 48.0%
Net result€0.06mwithin the sector's middle half-€0.1mwithin the sector's middle half▲ 77.7%€0.3mabove the sector's middle half▲ 215%€2.4mabove the sector's middle half▲ 637%
Equity€0.06mbelow the sector's middle half-€0.2mbelow the sector's middle half▲ 169%€0.2mbelow the sector's middle half=€2.5mabove the sector's middle half▲ 1,458%
Total assets€0.9mwithin the sector's middle half-€1.0mwithin the sector's middle half▲ 10.1%€5.3mabove the sector's middle half▲ 445%€5.9mabove the sector's middle half▲ 11.0%
Debt€0.8m-€0.8m▼ 1.6%€5.1m▲ 535%€3.3m▼ 35.0%
Working capital-€0.2mbelow the sector's middle half--€0.2mwithin the sector's middle half▲ 17.8%-€0.3mbelow the sector's middle half▼ 96.8%€1.4mabove the sector's middle half
Solvency6.9%below the sector's middle half-16.8%below the sector's middle half▲ 9.9pp3.1%below the sector's middle half▼ 13.7pp43.3%within the sector's middle half▲ 40.2pp
Current ratio0.34within the sector's middle half-0.43within the sector's middle half▲ 0.090.91within the sector's middle half▲ 0.481.78within the sector's middle half▲ 0.87
Return on assets (ROA)6.6%within the sector's middle half-10.6%within the sector's middle half▲ 4.0pp6.1%within the sector's middle half▼ 4.5pp40.5%above the sector's middle half▲ 34.4pp
Staff (FTE)0within the sector's middle half0within the sector's middle half
above
within
below
the middle half (P25 to P75) of NACE 64, Financial service activities, except insurance and pension funding, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result and balance sheet
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 48% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €5.9m
Fixed assets
€2.7m ▲ 23.3%
Current assets
€3.2m ▲ 2.6%
Equity and liabilities €5.9m
Equity
€2.5m ▲ 1,458%
Debt
€3.3m ▼ 35.0%
Debt's share of the balance-sheet total falls from 96.9% to 56.7%. Equity is higher and debt is lower.
Key figures and ratios
Key figures and ratios
ROE
93.6%▼
2023 · 197.7%
Debt ≤ 1 year
€1.8m▼
2023 · €3.4m
Debt > 1 year
€1.5m▼
2023 · €1.7m
Income taxes
-€10,593▼
2023 · €112,475
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €0.07m | €0 | - | - |
| Remuneration, social security and pensions62 | - | €0.001m | €0 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | €0.009m | €0.04m | €0.06m | ▲ 61.6% |
| Other operating charges640/8 | €0.003m | €0.01m | €0.008m | €0.002m | ▼ 69.5% |
| Non-recurring operating charges66A | - | - | - | €0.02m | - |
| Gross operating margin9900 | €0.1m | €0.2m | €0.5m | €0.3m | ▼ 36.2% |
| Operating profit (loss)9901 | €0.1m | €0.2m | €0.5m | €0.3m | ▼ 48.0% |
| Financial income75/76B | €38 | €1 | €0.007m | €2.3m | ▲ 33,756% |
| Recurring financial income75 | €38 | €1 | €0.007m | €2.3m | ▲ 33,756% |
| Financial charges65/66B | €0.02m | €0.02m | €0.07m | €0.2m | ▲ 120% |
| Recurring financial charges65 | €0.02m | €0.02m | €0.07m | €0.2m | ▲ 120% |
| Profit (loss) for the period before taxes9903 | €0.08m | €0.2m | €0.4m | €2.4m | ▲ 444% |
| Income taxes67/77 | €0.02m | €0.05m | €0.1m | -€0.01m | ▼ 109% |
| Profit (loss) for the period9904 | €0.06m | €0.1m | €0.3m | €2.4m | ▲ 637% |
| Profit (loss) for the period to be appropriated9905 | €0.06m | €0.1m | €0.3m | €2.4m | ▲ 637% |
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €0.9m | €1.0m | €5.3m | €5.9m | ▲ 11.0% |
| Fixed assets21/28 | €0.8m | €0.8m | €2.2m | €2.7m | ▲ 23.3% |
| Tangible fixed assets22/27 | €0.7m | €0.8m | €1.6m | €2.1m | ▲ 31.5% |
| Land and buildings22 | €0.7m | €0.8m | €1.6m | €2.1m | ▲ 31.5% |
| Furniture and vehicles24 | - | €0.03m | €0.02m | €0.03m | ▲ 33.7% |
| Financial fixed assets28 | €0.1m | €0.004m | €0.5m | €0.5m | ▼ 0.5% |
| Current assets29/58 | €0.1m | €0.1m | €3.1m | €3.2m | ▲ 2.6% |
| Amounts receivable within one year40/41 | €0.04m | €0.08m | €1.2m | €0.9m | ▼ 23.4% |
| Trade receivables40 | €0.04m | €0.05m | €0.1m | €0.3m | ▲ 168% |
| Other amounts receivable41 | - | €0.03m | €1.1m | €0.7m | ▼ 39.9% |
| Cash at bank and in hand54/58 | €0.06m | €0.04m | €1.9m | €2.3m | ▲ 19.1% |
| Deferred charges and accrued income490/1 | - | - | - | €0.002m | - |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €0.9m | €1.0m | €5.3m | €5.9m | ▲ 11.0% |
| Equity10/15 | €0.06m | €0.2m | €0.2m | €2.5m | ▲ 1,458% |
| Contributions10/11 | €0.003m | €0.003m | €0.003m | €0.003m | = |
| Capital10 | €0.003m | €0.003m | - | - | - |
| Issued capital100 | €0.003m | €0.003m | - | - | - |
| Reserves13 | €0.06m | €0.2m | €0.2m | €2.5m | ▲ 1,485% |
| Distributable reserves133 | €0.06m | €0.2m | €0.2m | €2.5m | ▲ 1,485% |
| Profit (loss) carried forward14 | - | - | €0 | €38 | - |
| Amounts payable17/49 | €0.8m | €0.8m | €5.1m | €3.3m | ▼ 35.0% |
| Amounts payable after more than one year17 | €0.5m | €0.5m | €1.7m | €1.5m | ▼ 9.4% |
| Financial debts170/4 | €0.5m | €0.5m | €1.7m | €1.5m | ▼ 9.4% |
| Amounts payable within one year42/48 | €0.3m | €0.3m | €3.4m | €1.8m | ▼ 47.5% |
| Current portion of amounts payable after more than one year42 | - | €0.03m | €1.2m | €1.0m | ▼ 19.0% |
| Financial debts43 | - | - | €0.009m | €0.1m | ▲ 1,016% |
| Credit institutions430/8 | - | - | €0.009m | €0.1m | ▲ 1,016% |
| Trade debts44 | €0.004m | - | €0.04m | €0.01m | ▼ 68.7% |
| Suppliers440/4 | €0.004m | - | €0.04m | €0.01m | ▼ 68.7% |
| Taxes, remuneration and social security45 | €0.05m | €0.07m | €0.2m | €0.02m | ▼ 89.0% |
| Taxes450/3 | €0.03m | €0.07m | €0.2m | €0.01m | ▼ 93.9% |
| Remuneration and social security454/9 | €0.02m | - | €0.01m | €0.01m | ▲ 1.6% |
| Other amounts payable47/48 | €0.2m | €0.2m | €2.0m | €0.7m | ▼ 65.3% |
| Accrued charges and deferred income492/3 | - | - | €0.002m | €0 | ▼ 100% |
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €0.06m | €0.1m | €0.3m | €2.4m | ▲ 637% |
| + Depreciation and write-downs630 | - | €0.009m | €0.04m | €0.06m | ▲ 61.6% |
| Operating cash flow (approximation) | €0.06m | €0.1m | €0.4m | €2.4m | ▲ 576% |
| Investment in fixed assets (approximation) | - | -€0.08m | -€1.3m | -€0.6m | ▲ 58.0% |
| Change in cash | - | -€0.02m | €1.9m | €0.4m | ▼ 80.4% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
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Of 24,721 companies in this sector we hold annual accounts for 19,804. 10,215 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Board & ownership
1 holding
Directors
Directors
No directors read yet: 0 of 3 Gazette acts processed. See the function holders in the CBE →
Structure & network
Owners and holdings
1 holdingOwners 0
The accounts to 31-12-2024 list no shareholders, and no other source names one.
Holdings 1
-
50%
According to the 2024 annual accounts of Emerald Expeditors and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No directors read yet: 0 of 3 Gazette acts processed.
Timeline
9 eventsLatest 23-06-2026
History
Acts, filings and financial milestones
2026
23-06
State Gazette act
General meeting · Merger
Accounting effect · Director resignation
22-06
State Gazette act
General meeting · Merger
Accounting effect · Shareholding
2025
07-10
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 68 days late
2024
31-12
Financial
Highest result since 2021net €2.4m ▲637%
Net result €2.4m, the highest in the series.
31-12
Financial
Equity above €2mEq €2.5m ▲1,458%
4 profitable years in a row build equity to €2.5m.
18-11
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 110 days late
2023
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 30 days late
2022
31-12
Financial
Equity above €150,000Eq €163,308 ▲169%
2 profitable years in a row build equity to €163,308.
29-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 29 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Company details
Private limited company · founded 25-04-2020Year ends 31-12Peppol reachable1 site
Register details
Identification
Legal formPrivate limited company
Founded25-04-2020
Fiscal year end31-12
Activities, NACEBEL 2025
64210Activities of holding companies
E-invoicing
Reachable via Peppol
Peppol ID
0208:0746509228
Also
9925:BE0746509228
Registered
01-10-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 1 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Sites & property
Location & real-estate footprint
Registered office, Schilde · 1 establishment unit since 2020
Ground area
2,880 m²
Building footprint
259 m²
Volume, LiDAR
811 m³
Parcel 11922C0488/00W000, Flanders · tallest building 17.6 m. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
Emerald Expeditors
since 2020unit no. 2.302.319.546
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11922C0488/00W000 | Flanders | 2,880 m² | 1 · 259 m² | 17.6 m |
Linked by address, not proof of ownership
Good to know
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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