EML
ActiveEML has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-2k) and a net result of €-31k. Equity is growing by ~7.4% per year across the filed fiscal years. Its solvency ranks better than 18% of 14056 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2025
43
/ 100
Weak
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0▼-75
Solvency23▼-44
Growth32▼-20
Track record100
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity tight (current ratio 1.35 against 1.04 in 2024; short-term debt: 42% and cash: 40.4% of total assets), and equity is negative.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+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
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 →
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 2025Solvency, return and age of the figures
Solvency
-2.5%
Return on assets
-33.5%
Age of the figures
12 mo
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
202122232425
2020 to 2025 · latest year €-2k
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 02-04-2026, 28 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
28 d early
2024
5 d early
2023
26 d early
2022
31 d early
2021
39 d early
2020
37 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
21-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€-2k
2024 · €28k
2020: €9k
2021: €22k
2022: €25k
2023: €25k
2024: €28k
2020 → 2025
Total assets
€92k▲ 34.3%
2024 · €68k
2020: €23k
2021: €53k
2022: €46k
2023: €49k
2024: €68k
2020 → 2025
Net result
€-31k
2024 · €3k
2020: €6k
2021: €14k
2022: €3k
2023: €60
2024: €3k
2020 → 2025
Working capital
€14k▲ 1,227%
2024 · €1k
2020: €8k
2021: €33k
2022: €28k
2023: €17k
2024: €1k
2020 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€22k-€25k▲ 11.7%€25k▲ 0.5%€28k▲ 13.5%€-2k
Operating result€18k-€4k▼ 79.7%€521▼ 85.5%€6k▲ 986%€-30k
Net result€14k-€3k▼ 81.0%€60▼ 97.7%€3k▲ 5,551%€-31k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €30k after €6k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €92k
Fixed assets
€40k▼ 7.8%
Current assets
€52k▲ 105%
Key figures and ratios
EBITDA
€-23k▼
2024 · €11k
Cash flow
€-23k▼
2024 · €8k
Solvency
-2.5%▼
2024 · 41.6%
Current ratio
1.35▲
2024 · 1.04
Quick ratio
1.35▲
2024 · 1.04
Debt / equity
-41.58▼
2024 · 1.40
ROA
-33.5%▼
2024 · 4.9%
Interest coverage
-416.74▼
2024 · 189.66
Debt
€94k▲
2024 · €40k
Debt ≤ 1 year
€39k▲
2024 · €24k
Debt > 1 year
€56k▲
2024 · €16k
Income taxes
€186▼
2024 · €2k
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€68k€92k▲
Fixed assets21/28€43k€40k▼
Intangible fixed assets21€346€128▼
Tangible fixed assets22/27€43k€39k▼
Land and buildings22€16k€14k▼
Plant, machinery and equipment23€6k€5k▼
Furniture and vehicles24€10k€9k▼
Leasing and similar rights25€11k€11k=
Financial fixed assets28€0-
Current assets29/58€25k€52k▲
Amounts receivable within one year40/41€19k€15k▼
Trade receivables40€17k€10k▼
Other amounts receivable41€2k€5k▲
Cash at bank and in hand54/58€7k€37k▲
Equity and liabilities
Total equity and liabilities10/49€68k€92k▲
Equity10/15€28k€-2k▼
Contributions10/11€3k€3k=
Reserves13€22k€22k=
Non-distributable reserves130/1€300€300=
Reserves not available under the articles1311€300€300=
Distributable reserves133€22k€22k=
Profit (loss) carried forward14€4k€-27k▼
Amounts payable17/49€40k€94k▲
Amounts payable after more than one year17€16k€56k▲
Financial debts170/4€16k€56k▲
Amounts payable within one year42/48€24k€39k▲
Trade debts44€302€13k▲
Suppliers440/4€302€13k▲
Taxes, remuneration and social security45€4k€4k▼
Taxes450/3€4k€4k▼
Other amounts payable47/48€20k€21k▲
Income statement
Code20242025
Non-recurring operating income76A-€11k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€8k▲
Other operating charges640/8€900€1k▲
Gross operating margin9900€12k€-21k▼
Operating profit (loss)9901€6k€-30k▼
Financial income75/76B€2€0▼
Recurring financial income75€2€0▼
Financial charges65/66B€56€54▼
Recurring financial charges65€56€54▼
Profit (loss) for the period before taxes9903€6k€-31k▼
Income taxes67/77€2k€186▼
Profit (loss) for the period9904€3k€-31k▼
Profit (loss) for the period to be appropriated9905€3k€-31k▼
Appropriation of the result
Profit (loss) to be appropriated9906€4k€-27k▼
Profit (loss) brought forward from the previous period14P€287€4k▲
Transfer to equity691/2€0-
To other reserves6921€0-
The notes to these accounts (10 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
02-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-09
Financial
Weakest financial yearnet €-31k ▼1009%
Net result drops to €-31k, the lowest in the series.
25-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
04-04
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-03
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
22-03
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-09
Financial
Highest result since 2020net €14k ▲150%
Operating result €18k, net result €14k, both a record.
24-03
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Gent · 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.
Sint-Denijslaan 4399000 GentGround area
660 m²
Building footprint
95 m²
Volume, LiDAR
641 m³
Parcel 44809I0370/00T002, Flanders · tallest building 11.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Sint-Denijslaan 439, 9000 Gent
since 20202.300.016.191
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44809I0370/00T002 | Flanders | 660 m² | 1 · 95 m² | 11.4 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.
Public money · subsidies and aid
Flemish government
2022 · 1 entry · 112 EUR awarded · 112 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2022 | 1 | 112 EUR | 112 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Similar companies · same sector, comparable size
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SBL IMMO
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Ribus Grond
BE 1024.208.053
Hasselt · Eq €29k
ZOLAR
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Putte · Eq €28k
Acta Vastgoed
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Oostende · Eq €28k
Of 9,695 companies in sector 68121 we hold annual accounts for 7,383. 4,455 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded17-02-2020
Fiscal year end30-09
Activities, NACEBEL
68121Development of residential building projects
41001General construction of residential buildings
68122Development of non-residential building projects
43211General electrical installation work
43240Other construction installation
43299Specialised construction activities
43320Joinery installation
43410Roofing work
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.