EMPWR
ActiveSummary
EMPWR has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €114.41M and a net result of €-4.43M. Equity is growing by ~39.8% per year across the filed fiscal years. Its solvency ranks better than 22% of 3187 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
54
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability30▼-1
Solvency45▼-8
Growth68▼-17
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2M at 30 days acceptable
Liquidity tight (current ratio 1.15 against 0.86 in 2024; short-term debt: 45.9% and cash: 5.2% of total assets), and 79.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five 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 70
Relative position
BE, all sectors
reference
Sector 70
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
20.2%
Return on assets
-0.8%
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 22% of 3187 sector peers (2025).
NBB · sector comparisonPosition among 3187 sector peers
Solvency
better than 22%
← 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 01-07-2026, 30 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
30 d early
2024
116 d late
2023
41 d early
2022
20 d early
2021
24 d early
2020
40 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 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
€358.54M▲ 115%
2024 · €166.69M
2020: €80k
2021: €0
2022: €119.14M
2023: €174.05M
2024: €166.69M
2020 → 2025
EBIT margin
3.8%▼ 0.2pp
2024 · 4.0%
2020: -1334.1%
2022: 4.2%
2023: 4.0%
2024: 4.0%
2020 → 2025
Net result
€-4.43M
2024 · €5.51M
2020: €-2.30M
2021: €-1.75M
2022: €273k
2023: €1.56M
2024: €5.51M
2020 → 2025
Working capital
€39.77M
2024 · €-26.18M
2020: €-127.09M
2021: €-97.39M
2022: €-66.07M
2023: €-72.23M
2024: €-26.18M
2020 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€0-€119.14M€174.05M▲ 46.1%€166.69M▼ 4.2%€358.54M▲ 115%
Equity€29.01M-€29.29M▲ 0.9%€113.32M▲ 287%€118.84M▲ 4.9%€114.41M▼ 3.7%
Operating result€-210k-€5.00M€6.90M▲ 38.0%€6.67M▼ 3.4%€13.52M▲ 103%
Net result€-1.75M-€273k€1.56M▲ 470%€5.51M▲ 254%€-4.43M
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 103% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €567.27M
Fixed assets
€266.97M ▼ 0.1%
Current assets
€300.30M ▲ 86.0%
Equity and liabilities €567.27M
Equity
€114.41M ▼ 3.7%
Debt
€452.86M ▲ 46.2%
Debt's share of the balance-sheet total rises from 72.3% to 79.8%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€14.75M▲
2024 · €7.87M
Cash flow
€-3.19M▼
2024 · €6.71M
Current ratio
1.15▲
2024 · 0.86
Quick ratio
1.14▲
2024 · 0.85
Debt to equity
3.96▲
2024 · 2.61
ROE
-3.9%▼
2024 · 4.6%
ROA
-0.8%▼
2024 · 1.3%
Interest coverage
1.00▲
2024 · 0.74
Debt ≤ 1 year
€260.53M▲
2024 · €187.64M
Debt > 1 year
€188.51M▲
2024 · €118.81M
Income taxes
€556▼
2024 · €655k
Staff costs
€5.42M▲
2024 · €3.73M
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 · 72 lines
Balance sheet
Code20242025
Assets
Total assets20/58€428.68M€567.27M▲
Fixed assets21/28€267.22M€266.97M▼
Intangible fixed assets21€2.87M€2.52M▼
Tangible fixed assets22/27€292k€387k▲
Plant, machinery and equipment23€80k€4k▼
Furniture and vehicles24€96k€129k▲
Other tangible fixed assets26€109k€64k▼
Assets under construction and advance payments27€7k€190k▲
Financial fixed assets28€264.06M€264.06M=
Affiliated companies280/1€264.06M€264.06M=
Participating interests280€264.06M€264.06M=
Current assets29/58€161.46M€300.30M▲
Amounts receivable after more than one year29€66.69M€204.75M▲
Other amounts receivable291€66.69M€204.75M▲
Stocks and contracts in progress3€1.45M€2.70M▲
Stocks30/36€1.45M€2.70M▲
Goods purchased for resale34€1.45M€2.70M▲
Amounts receivable within one year40/41€84.61M€63.17M▼
Trade receivables40€20.93M€42.31M▲
Other amounts receivable41€63.68M€20.86M▼
Cash at bank and in hand54/58€8.59M€29.45M▲
Deferred charges and accrued income490/1€119k€231k▲
Equity and liabilities
Total equity and liabilities10/49€428.68M€567.27M▲
Equity10/15€118.84M€114.41M▼
Contributions10/11€115.54M€115.54M=
Profit (loss) carried forward14€3.30M€-1.13M▼
Amounts payable17/49€309.84M€452.86M▲
Amounts payable after more than one year17€118.81M€188.51M▲
Financial debts170/4€79.28M€126.31M▲
Credit institutions173€79.28M€126.31M▲
Other amounts payable178/9€39.53M€62.20M▲
Amounts payable within one year42/48€187.64M€260.53M▲
Current portion of amounts payable after more than one year42€9.73M€9.59M▼
Trade debts44€127.61M€215.43M▲
Suppliers440/4€127.61M€215.43M▲
Advances received on contracts in progress46€16.00M€11.18M▼
Taxes, remuneration and social security45€1.23M€1.15M▼
Taxes450/3€863k€675k▼
Remuneration and social security454/9€368k€477k▲
Other amounts payable47/48€33.06M€23.18M▼
Accrued charges and deferred income492/3€3.39M€3.82M▲
Income statement
Code20242025
Operating income70/76A€175.56M€366.76M▲
Turnover70€166.69M€358.54M▲
Other operating income74€8.87M€8.23M▼
Operating charges60/66A€168.89M€353.25M▲
Goods for resale, raw materials and consumables60€155.28M€333.80M▲
Purchases600/8€155.25M€335.05M▲
Change in stocks: decrease (increase)609€29k€-1.24M▼
Services and other goods61€6.81M€11.59M▲
Remuneration, social security and pensions62€3.73M€5.42M▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1.20M€1.23M▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€124k
Other operating charges640/8€1.08M€156k▼
Non-recurring operating charges66A€797k€916k▲
Operating profit (loss)9901€6.67M€13.52M▲
Financial income75/76B€10.49M€11.37M▲
Recurring financial income75€10.49M€11.37M▲
Income from financial fixed assets750€54k€1.04M▲
Income from current assets751€6.65M€10.33M▲
Other financial income752/9€3.79M-
Financial charges65/66B€10.98M€29.31M▲
Recurring financial charges65€10.98M€29.31M▲
Debt charges650€10.64M€14.70M▲
Other financial charges652/9€348k€14.61M▲
Profit (loss) for the period before taxes9903€6.17M€-4.43M▼
Income taxes67/77€655k€556▼
Taxes670/3€655k€556▼
Profit (loss) for the period9904€5.51M€-4.43M▼
Profit (loss) for the period to be appropriated9905€5.51M€-4.43M▼
Appropriation of the result
Profit (loss) to be appropriated9906€3.30M€-1.13M▼
Profit (loss) brought forward from the previous period14P€-2.22M€3.30M▲
Social balance
Average headcount (FTE)908731.839.4▲
The notes to these accounts (76 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
01-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial
Weakest financial yearnet €-4.43M ▼180%
Net result drops to €-4.43M, the lowest in the series.
24-11
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 116 days late
2024
31-12
Financial
Highest result since 2020net €5.51M ▲254%
Net result €5.51M, the highest in the series.
20-06
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial
Equity above €100MEq €113.32M ▲287%
2 profitable years in a row build equity to €113.32M.
11-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial
Back to profitnet €273k
Net result €273k after 2 loss-making years.
07-07
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
31-12
Financial
Equity above €25MEq €29.01M
Equity rises from €-2.24M to €29.01M.
21-06
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
14 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, Gent · 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.
Sluisweg 29000 GentGround area
1,249 m²
Building footprint
1,249 m²
Volume, LiDAR
36,194 m³
Parcel 44082B0532/00A002, Flanders · tallest building 56.8 m, ±10 floors. Linked by address, not a title deed.
1 establishment unit
EMPWR
since 20202.299.017.289
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44082B0532/00A002 | Flanders | 1,249 m² | 1 · 1,249 m² | 56.8 m · 10 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.
Structure & network
Ownership & control
1 parent company · 1 subsidiary, 1 abroadControl over this companyparent company per the LEI register1
controls
EMPWRBE 0741.604.887
controls
Where this company holds controlsubsidiary per the LEI register1
EMPWR društvo s ograničenom odgovornošću za proizvodnju
Nova Gradiška, Croatia
Recognitions · licences · registrations
Legal Entity Identifier
984500BA02F37CFP7190
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Of 82,562 companies in sector 70200 we hold annual accounts for 52,574. 1,011 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
Founded15-01-2020
Fiscal year end31-12
Activities, NACEBEL 2025
46389Wholesale of other food products
70200Business and other management consultancy
64210Activities of holding companies
70100Activities of head offices
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.