EmmA
ActiveSummary
EmmA has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €103k and a net result of €-9k. Equity is growing by ~15.7% per year across the filed fiscal years. Its solvency ranks better than 95% of 19357 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2024
74
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability17▼-15
Solvency100=
Growth52=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €7k at 30 days acceptable
Liquidity ample (current ratio 88.63; short-term debt: 1.1% and cash: 33.1% of total assets), and 1.1% 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+raises 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 →
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
98.9%
Return on assets
-8.2%
Age of the figures
21 mo
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024Net result per financial year
18192021222324
2018 to 2024 · latest year €-9k
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 25-06-2025, 36 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
not confirmed
2024
36 d early
2023
30 d early
2022
33 d early
2021
31 d early
2020
30 d late
2019
89 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€103k▼ 7.7%
2023 · €112k
2018: €20k
2019: €22k
2020: €21k
2021: €118k
2022: €114k
2023: €112k
2018 → 2024
Total assets
€104k▼ 7.2%
2023 · €113k
2018: €613k
2019: €1.37M
2020: €1.28M
2021: €186k
2022: €122k
2023: €113k
2018 → 2024
Net result
€-9k▼ 247%
2023 · €-2k
2018: €1k
2019: €3k
2020: €-1k
2021: €116k
2022: €-3k
2023: €-2k
2018 → 2024
Working capital
€103k▼ 7.7%
2023 · €112k
2018: €20k
2019: €22k
2020: €21k
2021: €118k
2022: €114k
2023: €112k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€21k-€118k▲ 449%€114k▼ 2.8%€112k▼ 2.2%€103k▼ 7.7%
Operating result€797-€162k▲ 20,206%€-3k€-2k▲ 25.8%€-8k▼ 251%
Net result€-1k-€116k€-3k€-2k▲ 24.8%€-9k▼ 247%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €8k in 2024 against €2k in 2023; the loss grows and 2024 has the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Equity and liabilities €104k
Equity
€103k ▼ 7.7%
Debt
€1k ▲ 75.2%
Debt's share of the balance-sheet total rises from 0.6% to 1.1%. Equity is lower and debt is higher.
Key figures and ratios
Current ratio
88.63
Quick ratio
78.35
Debt to equity
0.01▲
2023 · 0.01
ROE
-8.3%▼
2023 · -2.2%
ROA
-8.2%▼
2023 · -2.2%
Debt ≤ 1 year
€1k▲
2023 · €673
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 · 2024 against 2023 · 35 lines
Balance sheet
Code20232024
Assets
Total assets20/58€113k€104k▼
Current assets29/58€113k€104k▼
Stocks and contracts in progress3€252€12k▲
Contracts in progress37€252€12k▲
Amounts receivable within one year40/41€59k€58k▼
Trade receivables40€0-
Other amounts receivable41€59k€58k▼
Cash at bank and in hand54/58€54k€35k▼
Equity and liabilities
Total equity and liabilities10/49€113k€104k▼
Equity10/15€112k€103k▼
Contributions10/11€19k€19k=
Reserves13€99k€99k=
Non-distributable reserves130/1€68€68=
Reserves not available under the articles1311€68€68=
Distributable reserves133€99k€99k=
Profit (loss) carried forward14€-6k€-14k▼
Amounts payable17/49€673€1k▲
Amounts payable within one year42/48€673€1k▲
Trade debts44€242€748▲
Suppliers440/4€242€748▲
Taxes, remuneration and social security45€0-
Taxes450/3€0-
Other amounts payable47/48€431€431=
Income statement
Code20232024
Other operating charges640/8€499€563▲
Gross operating margin9900€-2k€-8k▼
Operating profit (loss)9901€-2k€-8k▼
Financial income75/76B€285€286▲
Recurring financial income75€285€286▲
Financial charges65/66B€352€420▲
Recurring financial charges65€352€420▲
Profit (loss) for the period before taxes9903€-2k€-9k▼
Profit (loss) for the period9904€-2k€-9k▼
Profit (loss) for the period to be appropriated9905€-2k€-9k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-6k€-14k▼
Profit (loss) brought forward from the previous period14P€-3k€-6k▼
The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
25-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €-9k
Net result drops to €-9k, the lowest in the series.
01-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Liquidity times 10current ratio 167.30
Current ratio from 16.10 to 167.30; short-term debt falls from €8k to €673.
28-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Liquidity times 6current ratio 16.10
Current ratio from 2.73 to 16.10; short-term debt falls from €68k to €8k.
30-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Back to profitnet €116k
Net result €116k after one loss-making year.
31-12
Financial
Liquidity triplescurrent ratio 2.73
Current ratio from 1.02 to 2.73; short-term debt falls from €1.26M to €68k.
31-12
Financial
Equity above €100kEq €118k ▲449%
Equity rises from €21k to €118k.
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
2020
28-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 89 days late
2019
19-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 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
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, Ardooie · 1 establishment unit since 2017
Ground area
2,118 m²
Building footprint
549 m²
Volume, LiDAR
2,523 m³
Parcel 36001A1004/00F000, Flanders · tallest building 5.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
EmmA b.v.b.a.
since 20172.270.283.317
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 36001A1004/00F000 | Flanders | 2,118 m² | 1 · 549 m² | 5.5 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
PDC PROJECTS
BE 0837.903.024
Gistel · Eq €103,291
ANTEA
BE 0419.860.639
Evergem · Eq €103,268
CADRY IMMO
BE 0657.923.680
Liège · Eq €103,226
SIL
BE 0765.316.835
Aalst · Eq €103,216
BENJAMIN DE GEYTER Immobilier
BE 0538.629.023
Jurbise · Eq €103,152
Of 9,694 companies in sector 68121 we hold annual accounts for 7,383. 5,306 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded02-10-2017
Fiscal year end31-12
Activities, NACEBEL 2025
68121Development of residential building projects
41001General construction of residential buildings
68122Development of non-residential building projects
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.