EMILAR
ActiveSummary
EMILAR has been active since 1996 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €256k and a net result of €6k. Equity is shrinking by ~5% per year across the filed fiscal years. Its solvency ranks better than 86% of 14079 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
80
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability71▲+66
Solvency100=
Growth58▲+26
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €20k at 30 days acceptable
Liquidity ample (current ratio 4.8 against 6.01 in 2024; short-term debt: 19.2% and cash: 2.7% of total assets), and 19.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← fewer bankruptcies
more bankruptcies →
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
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
80.8%
Return on assets
1.8%
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 31-07-2026, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
on the day
2024
on the day
2023
12 d early
2022
11 d early
2021
31 d late
2020
28 d late
2019
57 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
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€256k▲ 2.3%
2024 · €251k
2018: €366k
2019: €342k
2020: €325k
2021: €318k
2022: €297k
2023: €282k
2024: €251k
2018 → 2025
Total assets
€317k▲ 6.9%
2024 · €296k
2018: €384k
2019: €357k
2020: €328k
2021: €377k
2022: €309k
2023: €290k
2024: €296k
2018 → 2025
Net result
€6k
2024 · €-31k
2018: €-21k
2019: €-24k
2020: €-17k
2021: €-7k
2022: €-21k
2023: €-15k
2024: €-31k
2018 → 2025
Working capital
€230k▲ 3.6%
2024 · €222k
2018: €331k
2019: €308k
2020: €270k
2021: €265k
2022: €252k
2023: €245k
2024: €222k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€318k-€297k▼ 6.6%€282k▼ 5.2%€251k▼ 11.2%€256k▲ 2.3%
Operating result€-10k-€-21k▼ 106%€-17k▲ 21.3%€-32k▼ 88.5%€5k
Net result€-7k-€-21k▼ 195%€-15k▲ 26.6%€-31k▼ 105%€6k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €5k after a loss of €32k in 2024, the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €317k
Fixed assets
€26k ▼ 12.9%
Current assets
€291k ▲ 9.1%
Equity and liabilities €317k
Equity
€256k ▲ 2.3%
Debt
€61k ▲ 32.6%
The debt ratio rises from 15.5% to 19.2%. Equity and debt are higher.
Key figures and ratios
EBITDA
€9k▲
2024 · €-24k
Cash flow
€9k▲
2024 · €-24k
Current ratio
4.80▼
2024 · 6.01
Quick ratio
3.80▼
2024 · 4.78
Debt / equity
0.24▲
2024 · 0.18
ROE
2.2%▲
2024 · -12.6%
ROA
1.8%▲
2024 · -10.6%
Interest coverage
6.46▲
2024 · -11.91
Debt ≤ 1 year
€61k▲
2024 · €44k
Staff costs
€41k▼
2024 · €46k
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 · 45 lines
Balance sheet
Code20242025
Assets
Total assets20/58€296k€317k▲
Fixed assets21/28€30k€26k▼
Tangible fixed assets22/27€4k-
Land and buildings22€1k-
Plant, machinery and equipment23€2k-
Furniture and vehicles24€69-
Financial fixed assets28€26k€26k=
Current assets29/58€267k€291k▲
Stocks and contracts in progress3€55k€60k▲
Stocks30/36€55k€60k▲
Amounts receivable within one year40/41€139k€222k▲
Trade receivables40€54k€114k▲
Other amounts receivable41€85k€109k▲
Cash at bank and in hand54/58€73k€9k▼
Equity and liabilities
Total equity and liabilities10/49€296k€317k▲
Equity10/15€251k€256k▲
Contributions10/11€19k€19k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€230k€236k▲
Amounts payable17/49€46k€61k▲
Amounts payable within one year42/48€44k€61k▲
Trade debts44€7k€18k▲
Suppliers440/4€7k€18k▲
Advances received on contracts in progress46€299-
Taxes, remuneration and social security45€4k€5k▲
Taxes450/3€336€2k▲
Remuneration and social security454/9€4k€3k▼
Other amounts payable47/48€33k€38k▲
Accrued charges and deferred income492/3€1k-
Income statement
Code20242025
Remuneration, social security and pensions62€46k€41k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8k€4k▼
Other operating charges640/8€817€9k▲
Gross operating margin9900€23k€58k▲
Operating profit (loss)9901€-32k€5k▲
Financial income75/76B€2k€2k▼
Recurring financial income75€2k€2k▼
Financial charges65/66B€2k€1k▼
Recurring financial charges65€2k€1k▼
Profit (loss) for the period before taxes9903€-31k€6k▲
Profit (loss) for the period9904€-31k€6k▲
Profit (loss) for the period to be appropriated9905€-31k€6k▲
Appropriation of the result
Profit (loss) to be appropriated9906€230k€236k▲
Profit (loss) brought forward from the previous period14P€262k€230k▼
The notes to these accounts (5 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
31-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Back to profitnet €6k
Net result €6k after 7 loss-making years.
31-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €-31k
Net result drops to €-31k, the lowest in the series; recovery starts the following year.
19-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
20-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Liquidity quadruplescurrent ratio 23.07
Current ratio from 5.50 to 23.07; short-term debt falls from €59k to €11k.
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
28-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 28 days late
2020
31-12
Financial
Liquidity times 5current ratio 107.54
Current ratio from 22.61 to 107.54; short-term debt falls from €14k to €3k.
26-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 57 days late
2019
28-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 28 days late
2018
29-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 29 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Heist-op-den-Berg · 1 establishment unit since 1996
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.
Cederstraat 182220 Heist-op-den-BergGround area
441 m²
Building footprint
139 m²
Volume, LiDAR
718 m³
Parcel 12014A0599/00C002, Flanders · tallest building 8.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
EMILAR
since 19962.077.397.728
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12014A0599/00C002 | Flanders | 441 m² | 1 · 139 m² | 8.4 m · 2 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.
Similar companies · same sector, comparable size
BILDIT
BE 0740.746.735
Herent · Eq €256k
BOUWINVEST
BE 0475.334.642
Heusden-Zolder · Eq €256k
GOLF HOTEL UNITS RE
BE 0773.737.821
Ieper · Eq €257k
ANTÉMA
BE 0744.576.552
Fosses-la-Ville · Eq €257k
LS CONSTRUCT
BE 0695.775.753
Kapellen · Eq €256k
Of 9,694 companies in sector 68121 we hold annual accounts for 7,383. 5,235 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded06-05-1996
Fiscal year end31-12
Activities, NACEBEL
68121Development of residential building projects
50103
68203Renting and operating of own or leased non-residential real estate, excluding land
47811Retail sale of cars and light vans (up to 3.5 tonnes)
47820Retail sale of motor vehicle parts and accessories
46190Agents in non-specialised wholesale trade
50302
Sources
Crossroads Bank for EnterprisesNational Bank · 29 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.