EMMACA
ActiveSummary
EMMACA has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.56M and a net result of €301k. Equity is growing by ~10.2% per year across the filed fiscal years. Its solvency ranks better than 95% of 31694 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
96
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability92▲+7
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €140k at 30 days acceptable
Liquidity ample (current ratio 32.26 against 45.15 in 2024; short-term debt: 2.6% and cash: 76.3% of total assets), and 2.6% 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 70
Relative position
BE, all sectors
reference
Sector 70
lower
← 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 2025Solvency, return and age of the figures
Solvency
97.4%
Return on assets
18.8%
Age of the figures
15 mo
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
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 27-01-2026, 4 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
4 d early
2024
4 d early
2023
20 d late
2022
on the day
2021
15 d late
2020
16 d late
2019
45 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close24-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€1.56M▲ 11.1%
2024 · €1.40M
2019: €837k
2020: €968k
2021: €1.15M
2022: €1.16M
2023: €1.32M
2024: €1.40M
2019 → 2025
Total assets
€1.60M▲ 12.0%
2024 · €1.43M
2019: €854k
2020: €987k
2021: €1.16M
2022: €1.31M
2023: €1.35M
2024: €1.43M
2019 → 2025
Net result
€301k▲ 58.2%
2024 · €190k
2019: €145k
2020: €131k
2021: €178k
2022: €150k
2023: €166k
2024: €190k
2019 → 2025
Working capital
€1.28M▲ 15.3%
2024 · €1.11M
2019: €442k
2020: €585k
2021: €788k
2022: €831k
2023: €1.02M
2024: €1.11M
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€1.15M-€1.16M▲ 1.2%€1.32M▲ 14.3%€1.40M▲ 5.8%€1.56M▲ 11.1%
Operating result€256k-€214k▼ 16.3%€236k▲ 9.8%€249k▲ 5.9%€409k▲ 64.1%
Net result€178k-€150k▼ 15.3%€166k▲ 10.1%€190k▲ 14.9%€301k▲ 58.2%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 64% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.60M
Fixed assets
€273k ▼ 5.4%
Current assets
€1.33M ▲ 16.4%
Equity and liabilities €1.60M
Equity
€1.56M ▲ 11.1%
Debt
€41k ▲ 56.7%
Debt's share of the balance-sheet total rises from 1.8% to 2.6%. Equity and debt are higher.
Key figures and ratios
EBITDA
€433k▲
2024 · €273k
Cash flow
€325k▲
2024 · €214k
Current ratio
32.26▼
2024 · 45.15
Quick ratio
31.66▼
2024 · 44.02
Debt to equity
0.03▲
2024 · 0.02
ROE
19.3%▲
2024 · 13.6%
ROA
18.8%▲
2024 · 13.3%
Interest coverage
918.83▲
2024 · 820.85
Debt ≤ 1 year
€41k▲
2024 · €25k
Income taxes
€136k▲
2024 · €84k
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 · 2025 against 2024 · 51 lines
Balance sheet
Code20242025
Assets
Total assets20/58€1.43M€1.60M▲
Fixed assets21/28€289k€273k▼
Tangible fixed assets22/27€289k€273k▼
Land and buildings22€260k€240k▼
Plant, machinery and equipment23€16k€13k▼
Furniture and vehicles24€804€359▼
Other tangible fixed assets26€12k€20k▲
Financial fixed assets28€250€250=
Current assets29/58€1.14M€1.33M▲
Stocks and contracts in progress3€29k€25k▼
Stocks30/36€29k€25k▼
Amounts receivable within one year40/41€64k€53k▼
Trade receivables40€55k€47k▼
Other amounts receivable41€9k€6k▼
Current investments50/53€700k€25k▼
Cash at bank and in hand54/58€342k€1.22M▲
Deferred charges and accrued income490/1€4k€3k▼
Equity and liabilities
Total equity and liabilities10/49€1.43M€1.60M▲
Equity10/15€1.40M€1.56M▲
Contributions10/11€12k€12k=
Reserves13€1.39M€1.54M▲
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Distributable reserves133€1.39M€1.54M▲
Profit (loss) carried forward14€0€0=
Amounts payable17/49€26k€41k▲
Amounts payable within one year42/48€25k€41k▲
Trade debts44€18k€16k▼
Suppliers440/4€18k€16k▼
Taxes, remuneration and social security45€8k€25k▲
Taxes450/3€7k€24k▲
Remuneration and social security454/9€491€506▲
Accrued charges and deferred income492/3€992€0▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€23k€24k▲
Other operating charges640/8€3k€4k▲
Gross operating margin9900€276k€437k▲
Operating profit (loss)9901€249k€409k▲
Financial income75/76B€25k€28k▲
Recurring financial income75€25k€28k▲
Financial charges65/66B€332€471▲
Recurring financial charges65€332€471▲
Profit (loss) for the period before taxes9903€274k€437k▲
Income taxes67/77€84k€136k▲
Profit (loss) for the period9904€190k€301k▲
Profit (loss) for the period to be appropriated9905€190k€301k▲
Appropriation of the result
Profit (loss) to be appropriated9906€190k€301k▲
Transfer from equity791/2€114k€145k▲
Transfer to equity691/2€190k€301k▲
To other reserves6921€190k€301k▲
Profit to be distributed694/7€114k€145k▲
Return on contributions (dividend)694€114k€145k▲
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
Next filing, fiscal year 2026, expected by
2026
27-01
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-06
Financial
Highest result since 2019net €301k ▲58.2%
Operating result €409k, net result €301k, both a record.
27-01
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
20-02
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 20 days late
2023
30-06
Financial
Liquidity times 7current ratio 45.42
Current ratio from 6.54 to 45.42; short-term debt falls from €150k to €23k.
31-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
15-02
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 15 days late
2021
30-06
Financial
Liquidity doublescurrent ratio 63.97
Current ratio from 31.06 to 63.97; short-term debt falls from €19k to €13k.
30-06
Financial
Equity above €1MEq €1.15M ▲18.4%
3 profitable years in a row build equity to €1.15M.
16-02
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 16 days late
2020
30-06
Financial
Weakest financial yearnet €131k ▼9.6%
Net result drops to €131k, the lowest in the series; recovery starts the following year.
2019
17-12
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
Show earlier events
01-02
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 1 day late
2018
23-01
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
03-01
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Knokke-Heist · 1 establishment unit since 2008
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.
Petunialaan 88301 Knokke-HeistGround area
942 m²
Building footprint
211 m²
Volume, LiDAR
1,775 m³
Parcel 31337F0265/00A000, Flanders · tallest building 13.7 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
EMMACA
since 20082.173.134.946
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31337F0265/00A000 | Flanders | 942 m² | 1 · 211 m² | 13.7 m · 3 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
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GREENFEVER
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ALEVEI
BE 0536.742.768
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H M & P
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BSK Management & Service
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Of 5,699 companies in sector 70100 we hold annual accounts for 3,494. 1,726 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
Founded17-09-2008
Fiscal year end30-06
Activities, NACEBEL 2025
70100Activities of head offices
01430Raising of horses and other equines
Sources
Crossroads Bank for EnterprisesNational Bank · 17 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.