Summary
EMERE is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €4.40M and a net result of €327k. Equity is growing by ~26% per year across the filed fiscal years. Its solvency ranks better than 56% of 2399 sector peers (fiscal year 2025). The company has been active since 1997 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The health 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
Signals
1 signal. The signal on the left, the evidence on the right.
○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 24-08-2026, 24 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 · 10 filingsDeviation from the deadline
2025
24 d late
2024
29 d late
2023
on the day
2022
12 d early
2021
13 d early
2020
31 d early
2019
68 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
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
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Equity
€4.40M▲ 8.0%
2024 · €4.07M
2018: €1.50M
2019: €1.61M▲ +7.1% vs 2018
2020: €1.63M▲ +1.6% vs 2019
2021: €741k▼ -54.6% vs 2020
2022: €713k▼ -3.7% vs 2021lowest in 8 years
2023: €3.73M▲ +424% vs 2022
2024: €4.07M▲ +9.0% vs 2023
2025: €4.40M▲ +8.0% vs 2024highest in 8 years
2018 → 2025
Net result
€327k▼ 2.8%
2024 · €336k
2018: €335k
2019: €106k▼ -68.3% vs 2018
2020: €26k▼ -75.7% vs 2019
2021: €108k▲ +317% vs 2020
2022: €-28k▼ -126% vs 2021lowest in 8 years
2023: €1.79M▲ +6609% vs 2022highest in 8 years
2024: €336k▼ -81.2% vs 2023
2025: €327k▼ -2.8% vs 2024
2018 → 2025
Total assets
€6.50M=
2024 · €6.50M
2018: €1.90M
2019: €1.71M▼ -10.1% vs 2018
2020: €1.63M▼ -4.5% vs 2019
2021: €992k▼ -39.3% vs 2020
2022: €919k▼ -7.3% vs 2021lowest in 8 years
2023: €6.90M▲ +651% vs 2022highest in 8 years
2024: €6.50M▼ -5.8% vs 2023
2025: €6.50M● -0.0% vs 2024
2018 → 2025
Solvency
67.6%▲ 5.0pp
2024 · 62.6%
2018: 78.8%
2019: 93.9%▲ +19.2% vs 2018
2020: 100.0%▲ +6.4% vs 2019highest in 8 years
2021: 74.6%▼ -25.3% vs 2020
2022: 77.5%▲ +3.9% vs 2021
2023: 54.1%▼ -30.2% vs 2022lowest in 8 years
2024: 62.6%▲ +15.7% vs 2023
2025: 67.6%▲ +8.1% vs 2024
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€741k-€713k▼ 3.7%€3.73M▲ 424%€4.07M▲ 9.0%€4.40M▲ 8.0%
2021: €741k
2022: €713k▼ -3.7% vs 2021lowest in 5 years
2023: €3.73M▲ +424% vs 2022
2024: €4.07M▲ +9.0% vs 2023
2025: €4.40M▲ +8.0% vs 2024highest in 5 years
Operating result€-9k-€-4k▲ 54.2%€54k€443k▲ 722%€445k▲ 0.4%
2021: €-9klowest in 5 years
2022: €-4k▲ +54.2% vs 2021
2023: €54k▲ +1344% vs 2022
2024: €443k▲ +722% vs 2023
2025: €445k▲ +0.4% vs 2024highest in 5 years
Net result€108k-€-28k€1.79M€336k▼ 81.2%€327k▼ 2.8%
2021: €108k
2022: €-28k▼ -126% vs 2021lowest in 5 years
2023: €1.79M▲ +6609% vs 2022highest in 5 years
2024: €336k▼ -81.2% vs 2023
2025: €327k▼ -2.8% vs 2024
Result per fiscal year
Operating resultNet result
The operating result has risen four years in a row; 2025 is 0% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €6.50M
Fixed assets
€6.31M =
Current assets
€192k ▼ 0.7%
Equity and liabilities €6.50M
Equity
€4.40M ▲ 8.0%
Debt
€2.10M ▼ 13.5%
Debt's share of the balance-sheet total falls from 37.4% to 32.4%. Equity is higher and debt is lower.
Key figures and ratios
ROE
7.4%▼
2024 · 8.3%
ROA
5.0%▼
2024 · 5.2%
Debt ≤ 1 year
€301k▲
2024 · €244k
Debt > 1 year
€1.80M▼
2024 · €2.18M
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 46 lines
Balance sheet
Code20242025
Assets
Total assets20/58€6.50M€6.50M=
Fixed assets21/28€6.31M€6.31M=
Financial fixed assets28€6.31M€6.31M=
Current assets29/58€193k€192k▼
Amounts receivable within one year40/41€88k€155k▲
Trade receivables40€85k€155k▲
Other amounts receivable41€3k€102▼
Cash at bank and in hand54/58€105k€36k▼
Equity and liabilities
Total equity and liabilities10/49€6.50M€6.50M=
Equity10/15€4.07M€4.40M▲
Contributions10/11€2.22M€2.22M=
Capital10€2.22M€2.22M=
Issued capital100€2.22M€2.22M=
Reserves13€1.82M€2.18M▲
Non-distributable reserves130/1€222k€222k=
Legal reserve130€222k€222k=
Distributable reserves133€1.60M€1.95M▲
Profit (loss) carried forward14€28k€0▼
Amounts payable17/49€2.43M€2.10M▼
Amounts payable after more than one year17€2.18M€1.80M▼
Financial debts170/4€2.18M€1.80M▼
Amounts payable within one year42/48€244k€301k▲
Current portion of amounts payable after more than one year42€195k€251k▲
Financial debts43€0-
Credit institutions430/8€0-
Trade debts44€24k€37k▲
Suppliers440/4€24k€37k▲
Taxes, remuneration and social security45€24k€13k▼
Taxes450/3€24k€13k▼
Other amounts payable47/48€778€778=
Accrued charges and deferred income492/3€10k€2k▼
Income statement
Code20242025
Other operating charges640/8€1k€1k▲
Gross operating margin9900€444k€446k▲
Operating profit (loss)9901€443k€445k▲
Financial income75/76B€10k€0▼
Recurring financial income75€10k€0▼
Financial charges65/66B€116k€118k▲
Recurring financial charges65€116k€118k▲
Profit (loss) for the period before taxes9903€336k€327k▼
Profit (loss) for the period9904€336k€327k▼
Profit (loss) for the period to be appropriated9905€336k€327k▼
Appropriation of the result
Profit (loss) to be appropriated9906€378k€355k▼
Profit (loss) brought forward from the previous period14P€42k€28k▼
Transfer to equity691/2€350k€355k▲
To the legal reserve6920€0-
To other reserves6921€350k€355k▲
The notes to these accounts (14 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Other operating charges640/8 | €988 | €990 | €1k | €1k | €1k | ▲ 3.1% |
| Gross operating margin9900 | €-8k | €-3k | €55k | €444k | €446k | ▲ 0.4% |
| Operating profit (loss)9901 | €-9k | €-4k | €54k | €443k | €445k | ▲ 0.4% |
| Financial income75/76B | €119k | €41k | €1.75M | €10k | €0 | ▼ 100% |
| Recurring financial income75 | €119k | €41k | €1.75M | €10k | €0 | ▼ 100% |
| Financial charges65/66B | €2k | €64k | €14k | €116k | €118k | ▲ 1.4% |
| Recurring financial charges65 | €2k | €64k | €14k | €116k | €118k | ▲ 1.4% |
| Profit (loss) for the period before taxes9903 | €108k | €-28k | €1.79M | €336k | €327k | ▼ 2.8% |
| Profit (loss) for the period9904 | €108k | €-28k | €1.79M | €336k | €327k | ▼ 2.8% |
| Profit (loss) for the period to be appropriated9905 | €108k | €-28k | €1.79M | €336k | €327k | ▼ 2.8% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €992k | €919k | €6.90M | €6.50M | €6.50M | = |
| Fixed assets21/28 | - | - | €6.31M | €6.31M | €6.31M | = |
| Financial fixed assets28 | - | - | €6.31M | €6.31M | €6.31M | = |
| Current assets29/58 | €992k | €919k | €592k | €193k | €192k | ▼ 0.7% |
| Amounts receivable after more than one year29 | €450k | €450k | €0 | - | - | - |
| Other amounts receivable291 | €450k | €450k | €0 | - | - | - |
| Amounts receivable within one year40/41 | €53k | €53k | €496k | €88k | €155k | ▲ 77.3% |
| Trade receivables40 | - | - | €36k | €85k | €155k | ▲ 83.2% |
| Other amounts receivable41 | €53k | €53k | €460k | €3k | €102 | ▼ 96.5% |
| Current investments50/53 | €453k | €256k | €0 | - | - | - |
| Cash at bank and in hand54/58 | €29k | €160k | €96k | €105k | €36k | ▼ 65.5% |
| Deferred charges and accrued income490/1 | €7k | €798 | €0 | - | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €992k | €919k | €6.90M | €6.50M | €6.50M | = |
| Equity10/15 | €741k | €713k | €3.73M | €4.07M | €4.40M | ▲ 8.0% |
| Contributions10/11 | €990k | €990k | €2.22M | €2.22M | €2.22M | = |
| Capital10 | €990k | €990k | €2.22M | €2.22M | €2.22M | = |
| Issued capital100 | €990k | €990k | €2.22M | €2.22M | €2.22M | = |
| Reserves13 | €137k | €137k | €1.47M | €1.82M | €2.18M | ▲ 19.5% |
| Non-distributable reserves130/1 | €99k | €99k | €222k | €222k | €222k | = |
| Legal reserve130 | €99k | €99k | €222k | €222k | €222k | = |
| Distributable reserves133 | €38k | €38k | €1.25M | €1.60M | €1.95M | ▲ 22.2% |
| Profit (loss) carried forward14 | €-386k | €-414k | €42k | €28k | €0 | ▼ 100% |
| Amounts payable17/49 | €252k | €206k | €3.17M | €2.43M | €2.10M | ▼ 13.5% |
| Amounts payable after more than one year17 | - | - | €2.47M | €2.18M | €1.80M | ▼ 17.3% |
| Financial debts170/4 | - | - | €2.47M | €2.18M | €1.80M | ▼ 17.3% |
| Amounts payable within one year42/48 | €251k | €200k | €678k | €244k | €301k | ▲ 23.5% |
| Current portion of amounts payable after more than one year42 | - | - | €195k | €195k | €251k | ▲ 28.8% |
| Financial debts43 | - | - | €450k | €0 | - | - |
| Credit institutions430/8 | - | - | €450k | €0 | - | - |
| Trade debts44 | €739 | €366 | €20k | €24k | €37k | ▲ 50.1% |
| Suppliers440/4 | €739 | €366 | €20k | €24k | €37k | ▲ 50.1% |
| Taxes, remuneration and social security45 | - | - | €12k | €24k | €13k | ▼ 47.1% |
| Taxes450/3 | - | - | €12k | €24k | €13k | ▼ 47.1% |
| Other amounts payable47/48 | €250k | €200k | €778 | €778 | €778 | = |
| Accrued charges and deferred income492/3 | €800 | €6k | €16k | €10k | €2k | ▼ 84.2% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €108k | €-28k | €1.79M | €336k | €327k | ▼ 2.8% |
| Operating cash flow (approximation) | €108k | €-28k | €1.79M | €336k | €327k | ▼ 2.8% |
| Investment in fixed assets (approximation) | - | - | - | €0 | €0 | - |
| Change in cash | - | €131k | €-64k | €9k | €-69k | ▼ 850% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
24-08
NBB filing
Annual accounts filed
fiscal year 2025 · full schema · 24 days late
2025
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 29 days late
2024
31-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Back to profitnet €1.79M
Net result €1.79M after one loss-making year.
31-12
Financial
Equity above €2MEq €3.73M ▲424%
Equity rises from €713k to €3.73M.
19-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Weakest financial yearnet €-28k
Net result drops to €-28k, the lowest in the series; recovery starts the following year.
18-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
10-03
State Gazette act
General meeting · Director resignation
Permanent representative
2021
30-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
07-10
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 68 days late
2019
31-12
Financial
Liquidity times 16current ratio 16.63
Current ratio from 1.01 to 16.63; short-term debt falls from €300k to €103k.
Show earlier events
30-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
26-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
24-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2011
22-12
State Gazette act
General meeting · Director reappointment
Permanent representative
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 13 acts read
About the unread acts
We know of 13 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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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, Kluisbergen · 1 establishment unit since 1997
Ground area
439 m²
Building footprint
439 m²
Volume, LiDAR
3,075 m³
Parcel 45002A0298/00G000, Flanders · tallest building 19.0 m, ±2 floors. Linked by address, not a title deed.
4
companies at this address
See who is registered here
1 establishment unit
EMERE
since 19972.083.585.140
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 45002A0298/00G000 | Flanders | 439 m² | 1 · 439 m² | 19.0 m · 2 fl. |
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.
Structure & network
Ownership & control
1 board mandateBoard mandates of this companythis company sits on their board1
1 location
Recognitions · licences · registrations
Legal Entity Identifier
875500SECZB7KTJ0P868
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Of 24,727 companies in sector 64210 we hold annual accounts for 19,768. 8,548 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded07-07-1997
Fiscal year end31-12
Activities, NACEBEL 2025
64210Activities of holding companies
Scores and ratios are computed by Checked and are not a credit decision.