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Emogroup

Active
Private limited company (pre-2019)founded 201510 yrs activeNicolaylaan 89, 3970 Leopoldsburg, BelgiumKBO/BCE: BE 0640.904.041
Summary

Emogroup has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €42k and a net result of €-8k. Equity remains stable across the filed fiscal years (±0.2% per year). Its solvency ranks better than 71% of 7445 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.4% (low).

Checked score

Score 2024
49 / 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability10▼-26
Solvency86▼-3
Growth52=
Track record100
Bankruptcy probability, 12 months
1.4% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2k at 30 days acceptable
Liquidity ample (current ratio 2.58 against 2.81 in 2023; short-term debt: 38.8% and cash: 0.2% of total assets), and 38.8% 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.
+raises riskneutral
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 2024
Solvency, return and age of the figures
Solvency
61.2%
Return on assets
-11.1%
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 2024
Net result per financial year
18192021222324
2018 to 2024 · latest year €-8k
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-09-2025, 61 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 9 filings
Deviation from the deadline
2025
not confirmed
2024
61 d late
2023
97 d late
2022
129 d late
2021
12 d early
2020
36 d early
2019
23 d early
← before the deadline after the deadline →
Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2024, abbreviated schema

Equity
€42k▼ 15.3%
2023 · €50k
2018: €42k 2019: €38k 2020: €56k 2021: €57k 2022: €50k 2023: €50k
2018 → 2024
Total assets
€69k▼ 11.0%
2023 · €77k
2018: €70k 2019: €71k 2020: €75k 2021: €66k 2022: €71k 2023: €77k
2018 → 2024
Net result
€-8k▼ 2,259%
2023 · €-324
2018: €10k 2019: €-3k 2020: €17k 2021: €2k 2022: €-7k 2023: €-324
2018 → 2024
Working capital
€42k▼ 15.3%
2023 · €50k
2018: €32k 2019: €36k 2020: €53k 2021: €57k 2022: €50k 2023: €50k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20202021202220232024Trend
Equity€56k-€57k▲ 2.7%€50k▼ 12.7%€50k▼ 0.6%€42k▼ 15.3%
Operating result€21k-€6k▼ 70.9%€-6k€1k€-6k
Net result€17k-€2k▼ 91.3%€-7k€-324▲ 95.6%€-8k▼ 2,259%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-10k€0€10k€20kOperating result 2020: €21k€21kNet result 2020: €17k€17kOperating result 2021: €6k€6kNet result 2021: €2k€2kOperating result 2022: €-6k€-6kNet result 2022: €-7k€-7kOperating result 2023: €1k€1kNet result 2023: €-324€-324Operating result 2024: €-6k€-6kNet result 2024: €-8k€-8k20202021202220232024€-10k€-7.5k€-5k€-2.5k€0Operating result 2022: €-6k€-5.7kNet result 2022: €-7k€-7.3kOperating result 2023: €1k€1kNet result 2023: €-324€-324Operating result 2024: €-6k€-6.1kNet result 2024: €-8k€-7.6k202220232024
The operating result turns negative in 2024: a loss of €6k after €1k in 2023, the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Equity and liabilities €69k
Equity €42k ▼ 15.3%
Debt €27k ▼ 3.2%
Debt's share of the balance-sheet total rises from 35.6% to 38.8%. Equity and debt are lower.
Key figures and ratios
2024 value · change against 2023
Current ratio
2.58
2023 · 2.81
Debt to equity
0.63
2023 · 0.55
ROE
-18.1%
2023 · -0.7%
ROA
-11.1%
2023 · -0.4%
Debt ≤ 1 year
€27k
2023 · €28k
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 · 36 lines
Balance sheet Code20232024
Assets
Total assets20/58€77k€69k
Current assets29/58€77k€69k
Amounts receivable within one year40/41€77k€69k
Trade receivables40€42k€46k
Other amounts receivable41€35k€23k
Cash at bank and in hand54/58€347€136
Deferred charges and accrued income490/1€187-
Equity and liabilities
Total equity and liabilities10/49€77k€69k
Equity10/15€50k€42k
Contributions10/11€19k€19k=
Reserves13€1k€1k=
Non-distributable reserves130/1€1k€1k=
Reserves not available under the articles1311€1k€1k=
Profit (loss) carried forward14€30k€22k
Amounts payable17/49€28k€27k
Amounts payable within one year42/48€28k€27k
Current portion of amounts payable after more than one year42-€6k
Financial debts43€10k€9k
Credit institutions430/8€10k€9k
Trade debts44€17k€12k
Suppliers440/4€17k€12k
Taxes, remuneration and social security45€247€340
Taxes450/3€247€340
Income statement Code20232024
Non-recurring operating income76A€296-
Other operating charges640/8€707€391
Gross operating margin9900€2k€-6k
Operating profit (loss)9901€1k€-6k
Financial income75/76B€150-
Recurring financial income75€150-
Financial charges65/66B€1k€2k
Recurring financial charges65€1k€2k
Profit (loss) for the period before taxes9903€-324€-8k
Profit (loss) for the period9904€-324€-8k
Profit (loss) for the period to be appropriated9905€-324€-8k
Appropriation of the result
Profit (loss) to be appropriated9906€30k€22k
Profit (loss) brought forward from the previous period14P€30k€30k

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

2025
30-09
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema · 61 days late
2024
31-12
Financial Weakest financial yearnet €-8k
Net result drops to €-8k, the lowest in the series.
05-11
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema · 97 days late
2023
07-12
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema · 129 days late
2022
19-07
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
25-06
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial Back to profitnet €17k
Net result €17k after one loss-making year.
08-07
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
06-09
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 37 days late
2018
01-07
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
28-09
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema · 59 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

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, Leopoldsburg · 1 establishment unit since 2015
establishment The establishment unit on the map
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.

Nicolaylaan 893970 Leopoldsburg
Ground area
665 m²
Building footprint
665 m²
Volume, LiDAR
4,103 m³
Parcel 71034A0581/00A000, Flanders · tallest building 12.1 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Emogroup
Nicolaylaan 89, 3970 LeopoldsburgGeneral construction of buildings
since 20152.247.070.425
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
71034A0581/00A000 Flanders 664 m² 1 · 664 m² 12.1 m · 1 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

Of 3,962 companies in sector 43331 we hold annual accounts for 1,790. 1,534 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 (pre-2019)
Founded13-10-2015
Fiscal year end31-12
Activities, NACEBEL 2025
43331Floor and wall tiling
Sources
Crossroads Bank for EnterprisesNational Bank · 9 filingsAddress and cadastre registers

Scores and ratios are computed by Checked and are not a credit decision.