Emeraude
ActiveEmeraude has been active since 1979 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.57M and a net result of €76k. Equity is shrinking by ~4% per year across the filed fiscal years. Its solvency ranks better than 59% of 454 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is < 0.1% (very low).
Checked score
Score 2025
77
/ 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
Profitability72▲+5
Solvency77▲+2
Growth58▲+26
Track record100
Bankruptcy probability, 12 months
< 0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €120k at 30 days acceptable
Liquidity short (current ratio 0.79 against 0.77 in 2024; short-term debt: 28.6% and cash: 6% of total assets), and 48.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Nine signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 81
Relative position
BE, all sectors
reference
Sector 81
higher
← 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
51.6%
Return on assets
2.5%
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 30-06-2026, 31 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
31 d early
2024
11 d late
2023
376 d late
2022
556 d late
2021
259 d late
2020
348 d late
2019
364 d late
← 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, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€76k
2024 · €-37k
2019: €-24k
2020: €53k
2021: €161k
2022: €-90k
2023: €-77k
2024: €-37k
2019 → 2025
Working capital
€-179k▲ 5.9%
2024 · €-190k
2019: €893
2020: €56k
2021: €141k
2022: €-54k
2023: €-176k
2024: €-190k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€1.95M-€1.77M▼ 9.2%€1.61M▼ 9.3%€1.53M▼ 4.7%€1.57M▲ 2.9%
Operating result€84k-€-161k€-149k▲ 7.1%€-122k▲ 18.1%€-15k▲ 87.8%
Net result€161k-€-90k€-77k▲ 14.4%€-37k▲ 51.2%€76k
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €15k in 2025 against €122k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €3.05M
Fixed assets
€2.36M▼ 3.2%
Current assets
€692k▲ 11.6%
Equity and liabilities €3.05M
Equity
€1.57M▲ 2.9%
Debt
€1.47M▼ 3.2%
The debt ratio falls from 49.9% to 48.4%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€211k▲
2024 · €97k
Cash flow
€301k▲
2024 · €182k
Solvency
51.6%▲
2024 · 50.1%
Current ratio
0.79▲
2024 · 0.77
Quick ratio
0.78▲
2024 · 0.75
Debt / equity
0.94▼
2024 · 1.00
ROE
4.8%▲
2024 · -2.5%
ROA
2.5%▲
2024 · -1.2%
Interest coverage
15.79▲
2024 · 6.43
Debt
€1.47M▼
2024 · €1.52M
Debt ≤ 1 year
€871k▲
2024 · €811k
Debt > 1 year
€603k▼
2024 · €713k
Staff costs
€2.47M▲
2024 · €2.46M
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€3.05M€3.05M▼
Fixed assets21/28€2.43M€2.36M▼
Tangible fixed assets22/27€2.43M€2.36M▼
Land and buildings22€2.28M€2.21M▼
Plant, machinery and equipment23€110k€108k▼
Furniture and vehicles24€48k€33k▼
Current assets29/58€620k€692k▲
Stocks and contracts in progress3€14k€12k▼
Stocks30/36€14k€12k▼
Amounts receivable within one year40/41€184k€166k▼
Other amounts receivable41€184k€166k▼
Current investments50/53€276k€331k▲
Cash at bank and in hand54/58€147k€183k▲
Deferred charges and accrued income490/1-€500
Equity and liabilities
Total equity and liabilities10/49€3.05M€3.05M▼
Equity10/15€1.53M€1.57M▲
Contributions10/11€78k€78k=
Capital10€78k€78k=
Profit (loss) carried forward14€206k€282k▲
Investment grants15€1.25M€1.21M▼
Amounts payable17/49€1.52M€1.47M▼
Amounts payable after more than one year17€713k€603k▼
Financial debts170/4€713k€603k▼
Amounts payable within one year42/48€811k€871k▲
Current portion of amounts payable after more than one year42€131k€110k▼
Trade debts44€48k€27k▼
Suppliers440/4€48k€27k▼
Taxes, remuneration and social security45€428k€453k▲
Remuneration and social security454/9€428k€453k▲
Income statement
Code20242025
Remuneration, social security and pensions62€2.46M€2.47M▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€220k€225k▲
Other operating charges640/8€580k€660k▲
Gross operating margin9900€3.14M€3.34M▲
Operating profit (loss)9901€-122k€-15k▲
Financial income75/76B€100k€104k▲
Recurring financial income75€100k€104k▲
Financial charges65/66B€15k€13k▼
Recurring financial charges65€15k€13k▼
Profit (loss) for the period before taxes9903€-37k€76k▲
Profit (loss) for the period9904€-37k€76k▲
Profit (loss) for the period to be appropriated9905€-37k€76k▲
Appropriation of the result
Profit (loss) to be appropriated9906€206k€76k▼
Profit (loss) brought forward from the previous period14P€243k-
From contributions791€0€206k▲
To contributions691€0€0=
Social balance
Average headcount (FTE)908737.0-
The notes to these accounts (8 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
30-06
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial
Back to profitnet €76k
Net result €76k after 3 loss-making years.
11-08
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 11 days late
11-08
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 376 days late
06-02
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 556 days late
2023
16-04
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 259 days late
2022
31-12
Financial
Weakest financial yearnet €-90k ▼156%
Net result drops to €-90k, the lowest in the series; recovery starts the following year.
14-07
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 348 days late
2021
31-12
Financial
Highest result since 2019net €161k ▲204%
Operating result €84k, net result €161k, both a record.
30-07
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 364 days late
2020
31-12
Financial
Back to profitnet €53k
Net result €53k after one loss-making year.
2019
09-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 9 days late
2018
22-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 22 days late
2017
10-07
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
13 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, Nivelles · 2 establishment units since 1979
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.
Avenue de la Gare 71401 NivellesGround area
4,650 m²
Building footprint
636 m²
Volume, LiDAR
2,805 m³
2 parcels, Wallonia · tallest building 6.4 m, ±2 floors. Linked by address, not a title deed.
2 establishment units
CENTRE ACCUEIL DE JOUR POUR HANDICAPES MENTAUX ADULTES
since 19792.143.435.625
SERVICE RESIDENTIEL POUR ADULTES HANDICAPES
since 19792.143.435.724
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25783E0264/00F000 | Wallonia | 3,607 m² | 1 · 502 m² | 6.4 m · 1 fl. |
| 25004E0175/00R002 | Wallonia | 1,043 m² | 1 · 134 m² | 6.2 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels 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 siteNivelles2.143.435.625
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Of 21,216 companies in sector 81300 we hold annual accounts for 4,363. 1,340 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formNon-profit association
Founded12-12-1979
Fiscal year end31-12
Activities, NACEBEL
01410Raising of dairy cattle
81300Landscape service activities
85322
88993Social work activities without accommodation
01420Raising of other cattle and buffaloes
01620Support activities for animal production
10850Manufacture of food products
87202Residential care activities
88106Social work activities without accommodation
Sources
Crossroads Bank for EnterprisesNational Bank · 20 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.