Checked processes every Belgian company, act by act, from the Belgian Official Gazette. The data below is real and verified, this company's full, act-by-act verified dossier is still being assembled.
Summary
Conclusion
the dossier summarised in one paragraphFor the legal form of eMorrow Trading Ltd., Checked does not compute a bankruptcy probability. The 2025 annual accounts show negative equity (€-4k) and a net result of €-2k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 5% of 2891 sector peers (fiscal year 2025). The company has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals.
Based on the State Gazette, CBE and 8 annual accounts.
Bankruptcy probability (12 mo)
Checked model v1 · free for everyoneFor this legal form (e.g. co-owners' association, public body or foreign branch) we don't show a bankruptcy probability: some of these forms legally cannot go bankrupt and no reliable figure is possible here.
Signals
1 signal · with evidenceSignals are derived from the filed annual accounts and the sector comparison. No composite score: each signal is separately verifiable at the source.
Filing behaviour
From the deposit records, complete market-wide| Year closed | Due by | Filed | Variance | Reference |
|---|---|---|---|---|
| 31-12-2025 | 31-07-2026 | 26-06-2026 | 35 d early | 2026-00204354 |
| 31-12-2024 | 31-07-2025 | 25-08-2025 | 25 d late | 2025-00399395 |
| 31-12-2023 | 31-07-2024 | 26-08-2024 | 26 d late | 2024-00379641 |
| 31-12-2022 | 31-07-2023 | 10-07-2023 | 21 d early | 2023-00226410 |
| 31-12-2021 | 31-07-2022 | 20-07-2022 | 11 d early | 2022-20218515 |
| 31-12-2020 | 31-07-2021 | 14-07-2021 | 17 d early | 2021-35600453 |
| 31-12-2019 | 31-07-2020 | 29-06-2020 | 32 d early | 2020-22000057 |
| 31-12-2018 | 31-07-2019 | 28-06-2019 | 33 d early | 2019-24800567 |
| 31-12-2017 | 31-07-2018 | 29-06-2018 | 32 d early | 2018-26200106 |
| 31-12-2016 | 31-07-2017 | 30-06-2017 | 31 d early | 2017-25200116 |
Source: the National Bank's deposit records. Those records are complete, including for years whose figures we have not read yet. Filing late covers nearly half the market and is therefore not scored; only not filing, being more than 90 days late and breaking a punctual record carry weight.
Trust signals
2 signalsAdministrative Flags
Financials
Annual accounts & ratios
Source: NBB · 2025How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | -172.0% | 43.4% | |
| Net result | €-2k | €13k | |
| Equity | €-4k | €44k | |
| Gross operating margin | €-2k | €39k | |
| Total assets | €2k | €115k |
| Fiscal year | 2025 |
|---|---|
| Deposit | micro |
| Revenue | - |
| EBITDA | - |
| Net profit | €-2k |
| Cash flow | - |
| Staff costs | - |
| Income taxes | - |
| Dividends | - |
| Total assets | €2k |
| Equity | €-4k |
| Debt | €6k |
| of which ≤ 1y | €6k |
| of which > 1y | - |
| Working capital | €-4k |
| Employees (FTE) | - |
| 2025 | |
|---|---|
| Current ratio | 0.37 |
| Quick ratio | 0.37 |
| Working capital ratio | -172.0% |
| Solvency | -172.0% |
| Debt / equity | -1.58 |
| Long-term debt ratio | - |
| Interest coverage | - |
| Gross margin | - |
| Net margin | - |
| ROA | -110.8% |
| ROE | 64.4% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2025 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €2k |
| Current assets | 29/58 | €2k |
| Amounts receivable within one year | 40/41 | €2k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €2k |
| Equity | 10/15 | €-4k |
| Contributions / capital | 10/11 | €1k |
| Accumulated profits (losses) | 14 | €-5k |
| Amounts payable | 17/49 | €6k |
| Amounts payable within one year | 42/48 | €6k |
| Trade debts payable within one year | 44 | €6k |
| Income statement | ||
| Gross operating margin | 9900 | €-2k |
| Operating result | 9901 | €-2k |
| Result before taxes | 9903 | €-2k |
| Net result for the period | 9904 | €-2k |
| Result to be appropriated | 9905 | €-2k |
Health barometer
FY 2025 · computedThe full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.
See plans →Structure & network
Connections & network
43 connected companiesLocations & real estate
Registered office
from the Crossroads BankThis address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
OWSTON ROAD 43DN68DA DONCASTEREstablishment units
1 locationReal-estate footprint
Source: CBE × cadastre · address linkingParcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 37012B0711/00H000 | Flanders | 1,501 m² | 1 · 363 m² | - |
Publications
Lifecycle & Insolvency Signals
Belgisch Staatsblad · acts
2 acts07-05-2026 Seat change · Act object
- Seat change: new_address: Aalterstraat 25 bus 301, 8755 Wingene, old_address: Luxemburgstraat 20, 9140 Temse, effective_date: 2026-04-01 · eMorrow Trading Ltd
- Filing: date: 2026-04-01, location: ONDERNEMINGSRECHTBANK GENT afdeling DENDERMONDE · eMorrow Trading Ltd
- Publication: date: 2026-05-07 · eMorrow Trading Ltd
- Act object: ADRESWIJZIGING BIJKANTOOR
06-10-2025 Registered office moved from Brugge to Temse
Analysis
Snowflake analysis
financial profile on 5 axesStrong profile, led by profitability.
All 5 axes are computed from data Checked has read.
Credit advice
verdict per customer and amountSimilar
Similar companies
Comparable size, same sectorCompany registry
Company registry (CBE)
Crossroads Bank| Legal nameNL | eMorrow Trading Ltd. |