EMIN GROOTHANDEL
ActiveThe computed 12-month bankruptcy probability of EMIN GROOTHANDEL is 2.6% (moderate). The 2024 annual accounts show equity of €46k and a net result of €5k. Equity is growing by ~33.7% per year across the filed fiscal years. Its solvency ranks better than 86% of 36376 sector peers (fiscal year 2024). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
93
/ 100
Excellent= vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability53▼-47
Solvency100▲+2
Growth52▼-26
Stability94
Bankruptcy probability, 12 months
2.6%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €4k at 30 days acceptable
Liquidity ample (current ratio 4.13 against 2.43 in 2023), and 19.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
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
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
80.6%
Return on assets
8.6%
Age of the figures
23 mo
raises risk · Annual accounts not filed
The financial year that closed on 30-09-2025 was due at the National Bank by 30-04-2026. Nothing is on record, 136 days later.
NBB · 4 filingsPosition against the passed deadline
30-09-2025 close30-04-2026 deadline13-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2024 was due by 30-04-2025 and was filed on 28-03-2025, 33 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
not filed
2024
33 d early
2023
8 d early
2022
2 d late
2021
47 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€46k▲ 12.0%
2023 · €41k
2021: €12k
2022: €29k
2023: €41k
2021 → 2024
Total assets
€57k▼ 16.6%
2023 · €68k
2021: €19k
2022: €86k
2023: €68k
2021 → 2024
Net result
€5k▼ 59.9%
2023 · €12k
2021: €6k
2022: €17k
2023: €12k
2021 → 2024
Working capital
€34k▼ 11.3%
2023 · €39k
2021: €8k
2022: €18k
2023: €39k
2021 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2021202220232024Trend
Equity€12k-€29k▲ 137%€41k▲ 42.5%€46k▲ 12.0%
Operating result€8k-€22k▲ 186%€19k▼ 15.7%€11k▼ 42.3%
Net result€6k-€17k▲ 172%€12k▼ 26.4%€5k▼ 59.9%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2024 is 42% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €57k
Fixed assets
€11k▲ 446%
Current assets
€45k▼ 31.1%
Equity and liabilities €57k
Equity
€46k▲ 12.0%
Debt
€11k▼ 59.5%
The debt ratio falls from 39.9% to 19.4%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€18k▼
2023 · €21k
Cash flow
€12k▼
2023 · €15k
Solvency
80.6%▲
2023 · 60.1%
Current ratio
4.13▲
2023 · 2.43
Quick ratio
4.13▲
2023 · 1.73
Debt / equity
0.24▼
2023 · 0.67
ROE
10.7%▼
2023 · 29.8%
ROA
8.6%▼
2023 · 17.9%
Interest coverage
4.12▼
2023 · 6.33
Debt
€11k▼
2023 · €27k
Debt ≤ 1 year
€11k▼
2023 · €27k
Income taxes
€2k▼
2023 · €3k
Staff costs
€2k▲
2023 · €278
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€68k€57k▼
Fixed assets21/28€2k€11k▲
Tangible fixed assets22/27€2k€11k▲
Plant, machinery and equipment23€731-
Furniture and vehicles24-€11k
Leasing and similar rights25€1k€301▼
Current assets29/58€66k€45k▼
Stocks and contracts in progress3€19k-
Stocks30/36€19k-
Amounts receivable within one year40/41€15k€35k▲
Trade receivables40€7k€35k▲
Other amounts receivable41€9k€348▼
Cash at bank and in hand54/58€32k€10k▼
Equity and liabilities
Total equity and liabilities10/49€68k€57k▼
Equity10/15€41k€46k▲
Contributions10/11€6k€6k=
Profit (loss) carried forward14€35k€40k▲
Amounts payable17/49€27k€11k▼
Amounts payable within one year42/48€27k€11k▼
Trade debts44€24k€1k▼
Suppliers440/4€24k€1k▼
Taxes, remuneration and social security45€4k€8k▲
Taxes450/3€4k€8k▲
Other amounts payable47/48-€2k
Income statement
Code20232024
Non-recurring operating income76A-€5k
Remuneration, social security and pensions62€278€2k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€7k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€5k
Other operating charges640/8€6k€1k▼
Gross operating margin9900€27k€25k▼
Operating profit (loss)9901€19k€11k▼
Financial income75/76B-€257
Recurring financial income75-€257
Financial charges65/66B€3k€4k▲
Recurring financial charges65€3k€4k▲
Profit (loss) for the period before taxes9903€15k€7k▼
Income taxes67/77€3k€2k▼
Profit (loss) for the period9904€12k€5k▼
Profit (loss) for the period to be appropriated9905€12k€5k▼
Appropriation of the result
Profit (loss) to be appropriated9906€35k€40k▲
Profit (loss) brought forward from the previous period14P€23k€35k▲
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
2025
28-03
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-09
Financial
Weakest financial yearnet €5k ▼59.9%
Net result drops to €5k, the lowest in the series.
22-04
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
02-05
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 2 days late
2022
30-09
Financial
Highest result since 2021net €17k ▲172%
Operating result €22k, net result €17k, both a record.
14-03
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Beringen · 1 establishment unit since 2020
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.
Reservorenstraat 393581 BeringenGround area
7,441 m²
Building footprint
2,121 m²
Volume, LiDAR
10,654 m³
2 parcels, Flanders · tallest building 11.4 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
BERINGSE BETONWERKEN
since 20202.308.069.468
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71005B1392/00H000 | Flanders | 7,198 m² | 1 · 2,016 m² | 5.8 m · 2 fl. |
| 71522C0023/00L003 | Flanders | 243 m² | 1 · 105 m² | 11.4 m · 3 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.
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Of 15,434 companies in sector 43990 we hold annual accounts for 7,355. 5,981 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded01-10-2020
Fiscal year end30-09
Activities, NACEBEL
43990Other specialised construction activities
43999Specialised construction activities
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Data from official sources, last processed on 12-09-2026. Scores and ratios are computed by Checked and are not a credit decision.