EMERGIMMO
ActiveSummary
EMERGIMMO has been active since 1950 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €2.4m and a net result of €103,751. Equity is growing by ~5.5% per year across the filed fiscal years. Its solvency ranks better than 66% of 3560 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability48▼-32
Solvency78▼-7
Growth35=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €170,000 at 30 days acceptable
Liquidity ample (current ratio 3.15 against 6.52 in 2023; short-term debt: 9.5% and cash: 2.7% of total assets), and 47% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Five 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 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← 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 2024Solvency, return and age of the figures
Solvency
53%
Return on assets
2.3%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 18-06-2025, 43 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
43 d early
2023
37 d early
2022
35 d early
2021
34 d early
2020
45 d early
2019
31 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 38 days before the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, full schema
In the rankings
#1 oldest company in Puurs-Sint-Amands, Construction sector#8 company by total assets in Puurs-Sint-Amands, Construction sector#8 company by equity in Puurs-Sint-Amands, Construction sector
Turnover
€0▼ 100%
2023 · €7,268
EBIT margin
3672.9%▲ 3473.6pp
2021 · 199.3%
Net result
€103,751▼ 25.8%
2023 · €139,879
Working capital
€921,625▼ 41.2%
2023 · €1.6m
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Turnover€524,893▼ 4.7%€110,239▼ 79.0%€0▼ 100%€7,268€0▼ 100%
Operating result€163,334▼ 33.2%€219,665▲ 34.5%€244,431▲ 11.3%€266,928▲ 9.2%€248,497▼ 6.9%
Net result€68,841within the sector's middle half▼ 32.6%€115,695above the sector's middle half▲ 68.1%€127,005above the sector's middle half▲ 9.8%€139,879above the sector's middle half▲ 10.1%€103,751within the sector's middle half▼ 25.8%
EBIT margin31.1%▼ 13.3pp199.3%▲ 168.1pp3672.9%
Equity€1.9mabove the sector's middle half▲ 3.7%€2.0mabove the sector's middle half▲ 6.1%€2.1mabove the sector's middle half▲ 6.3%€2.3mabove the sector's middle half▲ 6.5%€2.4mabove the sector's middle half▲ 4.5%
Total assets€3.5mabove the sector's middle half▲ 1.4%€3.6mabove the sector's middle half▲ 3.5%€3.6mabove the sector's middle half▼ 2.2%€3.8mabove the sector's middle half▲ 6.0%€4.5mabove the sector's middle half▲ 19.4%
Debt€1.5m▼ 1.9%€1.6m▲ 1.2%€1.4m▼ 12.0%€1.5m▲ 7.0%€2.1m▲ 43.5%
Working capital€1.1mabove the sector's middle half▲ 19.9%€1.3mabove the sector's middle half▲ 11.6%€1.4mabove the sector's middle half▲ 12.2%€1.6mabove the sector's middle half▲ 10.6%€921,625above the sector's middle half▼ 41.2%
Solvency54.0%within the sector's middle half▲ 1.2pp55.4%within the sector's middle half▲ 1.4pp60.2%above the sector's middle half▲ 4.8pp60.5%above the sector's middle half▲ 0.3pp53.0%within the sector's middle half▼ 7.5pp
Current ratio5.67above the sector's middle half▲ 1.425.46above the sector's middle half▼ 0.219.23above the sector's middle half▲ 3.776.52above the sector's middle half▼ 2.703.15above the sector's middle half▼ 3.38
Return on assets (ROA)2.0%within the sector's middle half▼ 1.0pp3.2%within the sector's middle half▲ 1.2pp3.6%within the sector's middle half▲ 0.4pp3.7%within the sector's middle half▲ 0.1pp2.3%within the sector's middle half▼ 1.4pp
Staff (FTE)2.5below the sector's middle half▲ 4.2%2.3below the sector's middle half▼ 8.0%2.6below the sector's middle half▲ 13.0%2.1below the sector's middle half▼ 19.2%1.9below the sector's middle half▼ 9.5%
above
within
below
the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 7% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €4.5m
Fixed assets
€3.2m ▲ 63.9%
Current assets
€1.4m ▼ 27.0%
Equity and liabilities €4.5m
Equity
€2.4m ▲ 4.5%
Provisions
€3,421 ▼ 80.0%
Debt
€2.1m ▲ 43.5%
Debt's share of the balance-sheet total rises from 39.1% to 47.0%. Equity and debt are higher.
Key figures and ratios
EBITDA
€326,159▼
2023 · €350,982
Cash flow
€181,413▼
2023 · €223,934
Debt to equity
0.89▲
2023 · 0.65
ROE
4.3%▼
2023 · 6.1%
Interest coverage
3.12▼
2023 · 5.57
Debt ≤ 1 year
€429,528▲
2023 · €283,817
Debt > 1 year
€1.7m▲
2023 · €1.2m
Income taxes
€30,375▼
2023 · €62,429
Staff costs
€170,165▲
2023 · €164,346
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 17,027 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 94% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a profit under 5% of the balance sheet
0.5%
went bankrupt
4.9%
stopped otherwise
94%
still going
A further 0.3% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.1% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 17,027 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Operating income70/76A | - | €1.2m | €1.1m | €1.1m | €928,169 | ▼ 11.6% |
| Turnover70 | €524,893 | €110,239 | €0 | €7,268 | €0 | ▼ 100% |
| Other operating income74 | - | €1.0m | €1.1m | €1.0m | €919,360 | ▼ 11.2% |
| Non-recurring operating income76A | - | €22,891 | €0 | €8,248 | €8,809 | ▲ 6.8% |
| Operating charges60/66A | - | €939,009 | €882,597 | €783,548 | €679,671 | ▼ 13.3% |
| Goods for resale, raw materials and consumables60 | - | €106,073 | €0 | €7,098 | €0 | ▼ 100% |
| Purchases600/8 | - | €106,073 | €0 | €7,098 | €0 | ▼ 100% |
| Services and other goods61 | - | €527,575 | €552,308 | €491,780 | €389,117 | ▼ 20.9% |
| Remuneration, social security and pensions62 | - | €151,002 | €177,307 | €164,346 | €170,165 | ▲ 3.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €135,815 | €119,620 | €122,308 | €84,054 | €77,662 | ▼ 7.6% |
| Provisions for liabilities and charges: additions (uses and reversals)635/8 | - | -€12,510 | -€17,388 | -€21,234 | -€13,415 | ▲ 36.8% |
| Other operating charges640/8 | - | €47,250 | €48,063 | €52,817 | €52,137 | ▼ 1.3% |
| Non-recurring operating charges66A | - | - | - | €4,687 | €4,006 | ▼ 14.5% |
| Operating profit (loss)9901 | €163,334 | €219,665 | €244,431 | €266,928 | €248,497 | ▼ 6.9% |
| Financial income75/76B | - | €334 | €85 | €2 | €339 | ▲ 16,181% |
| Recurring financial income75 | €1,640 | €334 | €85 | €2 | €339 | ▲ 16,181% |
| Income from current assets751 | - | - | - | €1 | €3 | ▲ 132% |
| Other financial income752/9 | - | €334 | €85 | €1 | €336 | ▲ 36,417% |
| Financial charges65/66B | - | €51,129 | €51,926 | €64,229 | €114,969 | ▲ 79.0% |
| Recurring financial charges65 | €52,905 | €51,129 | €51,926 | €64,229 | €114,969 | ▲ 79.0% |
| Debt charges650 | €51,661 | €50,123 | €50,964 | €63,039 | €104,629 | ▲ 66.0% |
| Other financial charges652/9 | - | €1,006 | €962 | €1,190 | €10,340 | ▲ 769% |
| Profit (loss) for the period before taxes9903 | €112,069 | €168,870 | €192,590 | €202,701 | €133,867 | ▼ 34.0% |
| Transfer from deferred taxes780 | - | €720 | €516 | €437 | €259 | ▼ 40.7% |
| Transfer to deferred taxes680 | - | - | - | €830 | €0 | ▼ 100% |
| Income taxes67/77 | €44,764 | €53,894 | €66,101 | €62,429 | €30,375 | ▼ 51.3% |
| Taxes670/3 | - | €53,996 | €66,101 | €62,429 | €30,676 | ▼ 50.9% |
| Tax adjustments and reversals of tax provisions77 | - | €101 | €0 | - | €301 | - |
| Profit (loss) for the period9904 | €68,841 | €115,695 | €127,005 | €139,879 | €103,751 | ▼ 25.8% |
| Transfer from tax-exempt reserves789 | - | €1,624 | €1,229 | €1,050 | €720 | ▼ 31.4% |
| Transfer to tax-exempt reserves689 | - | - | - | €2,490 | €0 | ▼ 100% |
| Profit (loss) for the period to be appropriated9905 | €70,465 | €117,319 | €128,234 | €138,439 | €104,471 | ▼ 24.5% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €3.5m | €3.6m | €3.6m | €3.8m | €4.5m | ▲ 19.4% |
| Fixed assets21/28 | €2.1m | €2.1m | €2.0m | €1.9m | €3.2m | ▲ 63.9% |
| Tangible fixed assets22/27 | €657,948 | €607,028 | €484,720 | €437,509 | €1.7m | ▲ 282% |
| Land and buildings22 | - | €319,174 | €296,140 | €277,889 | €1.5m | ▲ 437% |
| Plant, machinery and equipment23 | - | €224,144 | €161,189 | €150,671 | €144,745 | ▼ 3.9% |
| Furniture and vehicles24 | - | €63,710 | €27,390 | €8,949 | €33,678 | ▲ 276% |
| Financial fixed assets28 | €1.5m | €1.5m | €1.5m | €1.5m | €1.5m | = |
| Affiliated companies280/1 | - | €1.5m | €1.5m | €1.5m | €1.5m | = |
| Participating interests280 | - | €1.5m | €1.5m | €1.5m | €1.5m | = |
| Other financial fixed assets284/8 | - | €2,087 | €2,087 | €2,087 | €2,087 | = |
| Amounts receivable and cash guarantees285/8 | - | €2,087 | €2,087 | €2,087 | €2,087 | = |
| Current assets29/58 | €1.4m | €1.5m | €1.6m | €1.9m | €1.4m | ▼ 27.0% |
| Stocks and contracts in progress3 | - | - | €0 | €0 | €0 | - |
| Amounts receivable within one year40/41 | €252,858 | €1.1m | €1.3m | €1.7m | €1.2m | ▼ 27.3% |
| Trade receivables40 | - | €65,789 | €477,656 | €503,718 | €49,964 | ▼ 90.1% |
| Other amounts receivable41 | - | €1.0m | €795,888 | €1.2m | €1.2m | ▼ 0.5% |
| Cash at bank and in hand54/58 | €1.1m | €432,991 | €312,040 | €163,519 | €121,779 | ▼ 25.5% |
| Deferred charges and accrued income490/1 | - | €12,818 | €3,444 | €4,936 | €6,585 | ▲ 33.4% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €3.5m | €3.6m | €3.6m | €3.8m | €4.5m | ▲ 19.4% |
| Equity10/15 | €1.9m | €2.0m | €2.1m | €2.3m | €2.4m | ▲ 4.5% |
| Contributions10/11 | €868,000 | €868,000 | €868,000 | €868,000 | €868,000 | = |
| Capital10 | - | €868,000 | €868,000 | €868,000 | €868,000 | = |
| Issued capital100 | - | €868,000 | €868,000 | €868,000 | €868,000 | = |
| Reserves13 | €109,633 | €108,009 | €106,780 | €108,220 | €107,501 | ▼ 0.7% |
| Non-distributable reserves130/1 | - | €86,800 | €86,800 | €86,800 | €86,800 | = |
| Legal reserve130 | - | €86,800 | €86,800 | €86,800 | €86,800 | = |
| Tax-exempt reserves132 | - | €21,209 | €19,980 | €21,420 | €20,701 | ▼ 3.4% |
| Profit (loss) carried forward14 | €925,193 | €1.0m | €1.2m | €1.3m | €1.4m | ▲ 8.0% |
| Provisions and deferred taxes16 | €69,072 | €55,842 | €37,938 | €17,096 | €3,421 | ▼ 80.0% |
| Provisions for liabilities and charges160/5 | - | €54,809 | €37,421 | €16,186 | €2,771 | ▼ 82.9% |
| Other liabilities and charges164/5 | - | €54,809 | €37,421 | €16,186 | €2,771 | ▼ 82.9% |
| Deferred taxes168 | - | €1,033 | €517 | €909 | €650 | ▼ 28.5% |
| Amounts payable17/49 | €1.5m | €1.6m | €1.4m | €1.5m | €2.1m | ▲ 43.5% |
| Amounts payable after more than one year17 | €1.3m | €1.3m | €1.2m | €1.2m | €1.7m | ▲ 41.6% |
| Financial debts170/4 | - | €55,816 | €28,515 | €11,472 | €988,243 | ▲ 8,514% |
| Credit institutions173 | - | €55,816 | €28,515 | €11,472 | €988,243 | ▲ 8,514% |
| Other amounts payable178/9 | - | €1.2m | €1.2m | €1.2m | €701,451 | ▼ 40.6% |
| Amounts payable within one year42/48 | €242,224 | €283,124 | €172,212 | €283,817 | €429,528 | ▲ 51.3% |
| Current portion of amounts payable after more than one year42 | - | €32,225 | €27,301 | €17,043 | €144,408 | ▲ 747% |
| Trade debts44 | €167,812 | €90,123 | €84,558 | €212,995 | €256,555 | ▲ 20.5% |
| Suppliers440/4 | - | €90,123 | €84,558 | €212,995 | €256,555 | ▲ 20.5% |
| Taxes, remuneration and social security45 | - | €50,776 | €60,353 | €53,779 | €28,564 | ▼ 46.9% |
| Taxes450/3 | - | €34,566 | €42,766 | €37,628 | €13,152 | ▼ 65.0% |
| Remuneration and social security454/9 | - | €16,210 | €17,587 | €16,151 | €15,412 | ▼ 4.6% |
| Other amounts payable47/48 | - | €110,000 | €0 | - | - | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €68,841 | €115,695 | €127,005 | €139,879 | €103,751 | ▼ 25.8% |
| + Depreciation and write-downs630 | €135,815 | €119,620 | €122,308 | €84,054 | €77,662 | ▼ 7.6% |
| Operating cash flow (approximation) | €204,655 | €235,315 | €249,313 | €223,934 | €181,413 | ▼ 19.0% |
| Investment in fixed assets (approximation) | - | -€68,699 | €0 | -€36,843 | -€1.3m | ▼ 3,457% |
| Change in cash | - | -€675,890 | -€120,951 | -€148,521 | -€41,740 | ▲ 71.9% |
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
2026
13-07
State Gazette act
General meeting · Board meeting
Director resignation · Permanent representative
31-03
State Gazette act
General meeting · Statutes amendment
Director resignation · Director discharge · Jakobus MONTEYNE
31-03
State Gazette act
General meeting · Statutes amendment
Director resignation · Director discharge · Jakobus MONTEYNE
2025
18-06
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
24-06
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
26-06
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
27-06
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
31-12
Financial
Equity above €2mEq €2.0m ▲6.1%
4 profitable years in a row build equity to €2.0m.
16-06
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial
Weakest financial yearnet €68,841 ▼32.6%
Net result drops to €68,841, the lowest in the series; recovery starts the following year.
30-06
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
27-06
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
Show earlier events
2018
17-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
03-07
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
27-06
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 6 acts read
About the unread acts
We know of 6 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
6 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, Puurs-Sint-Amands · 1 establishment unit since 1983
Ground area
2.0 ha
Building footprint
9,028 m²
Parcel 12032C0398/00F000, Flanders. Linked by address, not a title deed.
5
companies at this address
See who is registered here
1 establishment unit
Rijksweg 91, 2870 Puurs-Sint-Amands
since 19832.021.588.183
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12032C0398/00F000 | Flanders | 2.0 ha | 1 · 9,028 m² | - |
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
Part of the group
Companions
28 companies
Group, risk and exposure
Owners and holdings
1 owner · 3 holdingsChain of control
- Companions
- Fundaro
- EMERGIMMO
Highest known parent: Companions. The sources do not say who stands above it.
Owners 1
- FundaroparentSourceaccounts Fundaro 202599.99%
Holdings 3
-
100%
-
99.94%
-
99.6%
According to the 2024 annual accounts of EMERGIMMO 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
The group is listed under Ownership & control below; here you explore it as a network.
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Ownership & control
1 board mandateBoard mandates of this companythis company sits on their board1
1 location
Public money · subsidies and aid
Flemish government
2023 · 1 entry · 134 EUR awarded · 134 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 134 EUR | 134 EUR |
Recognitions · licences · registrations
Legal Entity Identifier
64889W6MYLB3G828K426
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Of 4,093 companies in sector 43240 we hold annual accounts for 1,635. 402 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formLimited partnership
Founded18-10-1950
Fiscal year end31-12
Activities, NACEBEL 2025
43240Other construction installation
41001General construction of residential buildings
70200Business and other management consultancy
E-invoicing
Reachable via Peppol
Peppol ID
0208:0404298077
Also
9925:BE0404298077
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.