Empharis Solutions
ActiveEmpharis Solutions has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €49k and a net result of €152k. Equity is growing by ~9% per year across the filed fiscal years. Its solvency ranks better than 21% of 17046 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
63
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency45▼-21
Growth78=
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3k at 30 days acceptable
Liquidity tight (current ratio 1.06 against 1.44 in 2024; short-term debt: 79.4% and cash: 22% of total assets), and 79.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight 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 62
Relative position
BE, all sectors
reference
Sector 62
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
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
20.1%
Return on assets
62.3%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 21% of 17046 sector peers (2025).
NBB · sector comparisonPosition among 17046 sector peers
Solvency
better than 21%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 19-05-2026, 73 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
73 d early
2024
20 d early
2023
27 d late
2022
5 d early
2021
29 d early
2020
51 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
23-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€49k▼ 46.3%
2024 · €91k
2020: €15k
2021: €59k
2022: €103k
2023: €91k
2024: €91k
2020 → 2025
Total assets
€244k▲ 10.8%
2024 · €220k
2020: €58k
2021: €94k
2022: €145k
2023: €231k
2024: €220k
2020 → 2025
Net result
€152k▲ 34.0%
2024 · €113k
2020: €41k
2021: €44k
2022: €44k
2023: €94k
2024: €113k
2020 → 2025
Working capital
€11k▼ 80.0%
2024 · €57k
2020: €12k
2021: €51k
2022: €116k
2023: €64k
2024: €57k
2020 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€59k-€103k▲ 74.7%€91k▼ 11.6%€91k▼ 0.1%€49k▼ 46.3%
Operating result€61k-€61k▼ 0.3%€119k▲ 95.7%€147k▲ 23.4%€196k▲ 33.2%
Net result€44k-€44k▲ 0.1%€94k▲ 114%€113k▲ 20.0%€152k▲ 34.0%
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 33% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €244k
Fixed assets
€39k▲ 12.6%
Current assets
€205k▲ 10.5%
Equity and liabilities €244k
Equity
€49k▼ 46.3%
Debt
€195k▲ 51.2%
The debt ratio rises from 58.6% to 79.9%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€207k▲
2024 · €156k
Cash flow
€162k▲
2024 · €122k
Solvency
20.1%▼
2024 · 41.4%
Current ratio
1.06▼
2024 · 1.44
Quick ratio
1.06▼
2024 · 1.44
Debt / equity
3.98▲
2024 · 1.41
ROE
310.2%▲
2024 · 124.4%
ROA
62.3%▲
2024 · 51.5%
Interest coverage
667.08▲
2024 · 470.61
Debt
€195k▲
2024 · €129k
Debt ≤ 1 year
€194k▲
2024 · €129k
Income taxes
€47k▲
2024 · €35k
Staff costs
€135k▼
2024 · €145k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€220k€244k▲
Fixed assets21/28€35k€39k▲
Intangible fixed assets21€17k€13k▼
Tangible fixed assets22/27€17k€26k▲
Furniture and vehicles24€3k€14k▲
Other tangible fixed assets26€14k€12k▼
Current assets29/58€186k€205k▲
Amounts receivable after more than one year29€27k€61k▲
Other amounts receivable291€27k€61k▲
Amounts receivable within one year40/41€127k€89k▼
Trade receivables40€103k€56k▼
Other amounts receivable41€24k€33k▲
Cash at bank and in hand54/58€27k€54k▲
Deferred charges and accrued income490/1€4k€1k▼
Equity and liabilities
Total equity and liabilities10/49€220k€244k▲
Equity10/15€91k€49k▼
Contributions10/11€3k€3k=
Reserves13€88k€44k▼
Distributable reserves133€88k€44k▼
Profit (loss) carried forward14€-83€2k▲
Amounts payable17/49€129k€195k▲
Amounts payable within one year42/48€129k€194k▲
Trade debts44€3k€3k▼
Suppliers440/4€3k€3k▼
Taxes, remuneration and social security45€12k€22k▲
Taxes450/3€0€6k▲
Remuneration and social security454/9€12k€16k▲
Other amounts payable47/48€114k€169k▲
Accrued charges and deferred income492/3-€1k
Income statement
Code20242025
Remuneration, social security and pensions62€145k€135k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8k€10k▲
Other operating charges640/8€483€428▼
Gross operating margin9900€301k€342k▲
Operating profit (loss)9901€147k€196k▲
Financial income75/76B€1k€3k▲
Recurring financial income75€1k€3k▲
Financial charges65/66B€330€310▼
Recurring financial charges65€330€310▼
Profit (loss) for the period before taxes9903€148k€199k▲
Income taxes67/77€35k€47k▲
Profit (loss) for the period9904€113k€152k▲
Profit (loss) for the period to be appropriated9905€113k€152k▲
Appropriation of the result
Profit (loss) to be appropriated9906€113k€152k▲
Profit (loss) brought forward from the previous period14P€0€-83▼
Transfer from equity791/2-€44k
Profit to be distributed694/7€113k€194k▲
Return on contributions (dividend)694€113k€194k▲
The notes to these accounts (15 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
19-05
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Highest result since 2020net €152k ▲34%
Operating result €196k, net result €152k, both a record.
11-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
27-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 27 days late
2023
26-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Liquidity triplescurrent ratio 6.50
Current ratio from 2.46 to 6.50; short-term debt falls from €35k to €21k.
31-12
Financial
Equity above €100kEq €103k ▲74.7%
3 profitable years in a row build equity to €103k.
02-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
10-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro 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, Brussel · 1 establishment unit since 2020
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.
Keizerslaan 101000 BrusselGround area
810 m²
Building footprint
554 m²
Volume, LiDAR
11,099 m³
2 parcels, Brussels, Flanders · tallest building 27.7 m, ±8 floors. Linked by address, not a title deed.
1 establishment unit
Empharis Solutions
since 20202.301.536.222
2 parcels
Flanders
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21808H1778/00D000 | Brussels | 670 m² | 1 · 488 m² | 27.7 m · 8 fl. |
| 42021C0431/00G000 | Flanders | 140 m² | 1 · 65 m² | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 16,887 companies in sector 62100 we hold annual accounts for 8,777. 6,816 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded17-04-2020
Fiscal year end31-12
Activities, NACEBEL
62010Computer programming, consultancy and related activities
62020IT consultancy
62100Computer programming
62200Computer consultancy and computer facilities management
70200Business and other management consultancy
70220Business consulting
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.