EMMERECHTS
ActiveSummary
EMMERECHTS has been active since 2005 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €885k and a net result of €32k. Equity is growing by ~6.1% per year across the filed fiscal years. Its solvency ranks better than 38% of 7838 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability70▲+1
Solvency59▲+2
Growth52=
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €60k at 30 days acceptable
Liquidity tight (current ratio 1.2 against 1.06 in 2024; short-term debt: 29.4% and cash: 13.2% of total assets), and 65.6% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← 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
34.4%
Return on assets
1.3%
Age of the figures
15 mo
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 19-12-2025, 43 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
43 d early
2024
25 d early
2023
on the day
2022
on the day
2021
4 d early
2020
1 d late
2019
10 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 close26-09-2026 today31-01-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit simulator What should you check before you do business with this company?Supplier due diligence Hiring this company for building work? Recognition, activities and what to check first.Contractor check Accepting this client? The AML file with identity, beneficial owners and sanctions lists.AML client file How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
Financials · fiscal year 2025, abbreviated schema
In the rankings
#2 company by total assets in Grimbergen, Construction sector#6 company by equity in Grimbergen, Construction sector
Equity
€885k▲ 3.8%
2024 · €852k
Total assets
€2.57M▼ 2.4%
2024 · €2.64M
Net result
€32k▲ 237%
2024 · €10k
Working capital
€151k▲ 256%
2024 · €42k
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€153k▲ 489%€103k▼ 32.6%€57k▼ 45.1%€30k▼ 47.3%€63k▲ 111%
Net result€111k▲ 698%€69k▼ 38.2%€30k▼ 56.4%€10k▼ 68.0%€32k▲ 237%
Equity€744k▲ 17.6%€813k▲ 9.2%€843k▲ 3.7%€852k▲ 1.1%€885k▲ 3.8%
Total assets€3.43M▲ 14.9%€3.41M▼ 0.7%€3.46M▲ 1.5%€2.64M▼ 23.8%€2.57M▼ 2.4%
Debt€2.69M▲ 14.2%€2.59M▼ 3.4%€2.62M▲ 0.8%€1.78M▼ 31.9%€1.69M▼ 5.4%
Working capital€99k▼ 46.4%€67k▼ 32.2%€31k▼ 53.7%€42k▲ 36.1%€151k▲ 256%
Staff (FTE)11.3▲ 15.3%9.9▼ 12.4%4.5▼ 54.5%5.3▲ 17.8%4.8▼ 9.4%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 111% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.57M
Fixed assets
€1.66M ▼ 11.2%
Current assets
€908k ▲ 19.0%
Equity and liabilities €2.57M
Equity
€885k ▲ 3.8%
Provisions
€0 ▼ 100%
Debt
€1.69M ▼ 5.4%
Debt's share of the balance-sheet total falls from 67.6% to 65.6%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€336k▲
2024 · €323k
Cash flow
€306k▲
2024 · €302k
Current ratio
1.20▲
2024 · 1.06
Debt to equity
1.91▼
2024 · 2.09
ROE
3.7%▲
2024 · 1.1%
ROA
1.3%▲
2024 · 0.4%
Interest coverage
10.70▼
2024 · 14.27
Debt ≤ 1 year
€757k▲
2024 · €721k
Debt > 1 year
€121k▼
2024 · €240k
Income taxes
€12k▲
2024 · €2k
Staff costs
€339k▲
2024 · €334k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €36k | €36k | €66k | €58k | ▼ 11.6% |
| Remuneration, social security and pensions62 | - | €674k | €541k | €334k | €339k | ▲ 1.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €163k | €205k | €293k | €293k | €273k | ▼ 6.7% |
| Other operating charges640/8 | - | €80k | €74k | €56k | €68k | ▲ 22.8% |
| Gross operating margin9900 | €1.11M | €1.06M | €966k | €712k | €744k | ▲ 4.4% |
| Operating profit (loss)9901 | €153k | €103k | €57k | €30k | €63k | ▲ 111% |
| Financial income75/76B | - | €882 | €280 | €3k | €12k | ▲ 261% |
| Recurring financial income75 | €2k | €882 | €280 | €3k | €12k | ▲ 261% |
| Financial charges65/66B | - | €27k | €28k | €23k | €31k | ▲ 38.9% |
| Recurring financial charges65 | €39k | €27k | €28k | €23k | €31k | ▲ 38.9% |
| Profit (loss) for the period before taxes9903 | €116k | €78k | €29k | €11k | €44k | ▲ 310% |
| Transfer from deferred taxes780 | - | €800 | €800 | €800 | €617 | ▼ 22.8% |
| Income taxes67/77 | €6k | €10k | €266 | €2k | €12k | ▲ 535% |
| Profit (loss) for the period9904 | €111k | €69k | €30k | €10k | €32k | ▲ 237% |
| Transfer from tax-exempt reserves789 | - | €3k | €3k | €3k | €2k | ▼ 22.8% |
| Profit (loss) for the period to be appropriated9905 | €114k | €72k | €33k | €13k | €35k | ▲ 172% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €3.43M | €3.41M | €3.46M | €2.64M | €2.57M | ▼ 2.4% |
| Fixed assets21/28 | €2.09M | €2.11M | €2.09M | €1.87M | €1.66M | ▼ 11.2% |
| Intangible fixed assets21 | €134 | - | - | - | - | - |
| Tangible fixed assets22/27 | €2.09M | €2.11M | €2.09M | €1.87M | €1.66M | ▼ 11.2% |
| Plant, machinery and equipment23 | - | €61k | €23k | €36k | €26k | ▼ 27.2% |
| Furniture and vehicles24 | - | €32k | €20k | €46k | €90k | ▲ 95.9% |
| Leasing and similar rights25 | - | €644k | €680k | €429k | €191k | ▼ 55.5% |
| Other tangible fixed assets26 | - | €1.37M | €1.37M | €1.36M | €1.36M | ▼ 0.4% |
| Financial fixed assets28 | €698 | €698 | €698 | €698 | €698 | = |
| Current assets29/58 | €1.35M | €1.30M | €1.37M | €763k | €908k | ▲ 19.0% |
| Amounts receivable within one year40/41 | €1.11M | €1.17M | €1.16M | €676k | €552k | ▼ 18.3% |
| Trade receivables40 | - | €895k | €1.10M | €654k | €499k | ▼ 23.6% |
| Other amounts receivable41 | - | €274k | €66k | €22k | €53k | ▲ 141% |
| Cash at bank and in hand54/58 | €212k | €133k | €169k | €68k | €339k | ▲ 401% |
| Deferred charges and accrued income490/1 | - | - | €37k | €20k | €17k | ▼ 15.5% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €3.43M | €3.41M | €3.46M | €2.64M | €2.57M | ▼ 2.4% |
| Equity10/15 | €744k | €813k | €843k | €852k | €885k | ▲ 3.8% |
| Contributions10/11 | - | €6k | €6k | €6k | €6k | = |
| Reserves13 | €515k | €511k | €508k | €505k | €503k | ▼ 0.5% |
| Non-distributable reserves130/1 | - | €2k | €2k | - | - | - |
| Reserves not available under the articles1311 | - | €2k | €2k | - | - | - |
| Tax-exempt reserves132 | - | €46k | €43k | €40k | €38k | ▼ 6.2% |
| Distributable reserves133 | - | €463k | €463k | €465k | €465k | = |
| Profit (loss) carried forward14 | €223k | €295k | €328k | €341k | €376k | ▲ 10.2% |
| Provisions and deferred taxes16 | €3k | €2k | €1k | €617 | - | - |
| Deferred taxes168 | - | €2k | €1k | €617 | - | - |
| Amounts payable17/49 | €2.69M | €2.59M | €2.62M | €1.78M | €1.69M | ▼ 5.4% |
| Amounts payable after more than one year17 | €510k | €467k | €420k | €240k | €121k | ▼ 49.5% |
| Financial debts170/4 | - | €467k | €420k | €240k | €121k | ▼ 49.5% |
| Amounts payable within one year42/48 | €1.25M | €1.23M | €1.34M | €721k | €757k | ▲ 5.0% |
| Current portion of amounts payable after more than one year42 | - | €321k | €277k | €215k | €136k | ▼ 36.6% |
| Financial debts43 | - | €1k | €1k | €1k | €1k | ▼ 0.1% |
| Credit institutions430/8 | - | €1k | €1k | €1k | €1k | ▼ 0.1% |
| Trade debts44 | €875k | €868k | €1.01M | €481k | €587k | ▲ 22.0% |
| Suppliers440/4 | - | €868k | €1.01M | €481k | €587k | ▲ 22.0% |
| Taxes, remuneration and social security45 | - | €24k | €40k | €16k | €21k | ▲ 31.1% |
| Taxes450/3 | - | €418 | €5k | €4k | €4k | ▲ 12.7% |
| Remuneration and social security454/9 | - | €24k | €34k | €13k | €17k | ▲ 36.2% |
| Other amounts payable47/48 | - | €21k | €13k | €8k | €11k | ▲ 50.7% |
| Accrued charges and deferred income492/3 | - | €893k | €858k | €822k | €808k | ▼ 1.6% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €111k | €69k | €30k | €10k | €32k | ▲ 237% |
| + Depreciation and write-downs630 | €163k | €205k | €293k | €293k | €273k | ▼ 6.7% |
| Operating cash flow (approximation) | €274k | €274k | €323k | €302k | €306k | ▲ 1.0% |
| Investment in fixed assets (approximation) | - | €-226k | €-276k | €-75k | €-64k | ▲ 13.9% |
| Change in cash | - | €-80k | €37k | €-102k | €271k | ▲ 367% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2025
19-12
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
06-01
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
30-06
Financial
Weakest financial yearnet €10k ▼68%
Net result drops to €10k, the lowest in the series; recovery starts the following year.
31-01
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-01
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
27-01
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
30-06
Financial
Highest result since 2019net €111k ▲698%
Operating result €153k, net result €111k, both a record.
01-02
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 1 day late
2020
21-01
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
27-02
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 27 days late
2017
04-04
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
01-04
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 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
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, Grimbergen · 1 establishment unit since 2005
Ground area
1.8 ha
Building footprint
1.0 ha
Volume, LiDAR
914 m³
2 parcels, Flanders · tallest building 31.5 m. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
-
since 20052.146.441.041
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23025B0285/00K000 | Flanders | 1.2 ha | 1 · 9,086 m² | 31.5 m |
| 23025B0285/00G000 | Flanders | 6,577 m² | 1 · 1,189 m² | 0.6 m |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels 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 to 2025 · 4 entries · 2,867 EUR awarded · 2,232 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 1,529 EUR | 894 EUR |
| 2024 | 1 | 624 EUR | 624 EUR |
| 2023 | 1 | 297 EUR | 297 EUR |
| 2022 | 1 | 417 EUR | 417 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Recognised contractor
2 categoriesEMMERECHTS BV31192
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Of 1,365 companies in sector 43110 we hold annual accounts for 635. 356 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded24-03-2005
Fiscal year end30-06
Activities, NACEBEL 2025
43110Demolition
43120Site preparation
42110Construction of roads and motorways
77320Rental and leasing activities
77399Renting and leasing of other machinery, equipment and tangible goods
Contact
E-mail
info@emmerechtsbv.be
Phone
02/2698308Grimbergen
Scores and ratios are computed by Checked and are not a credit decision.