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emr

Active
Public limited companyfounded 198243 yrs activeKruisstraat 61C, 9930 Lievegem, BelgiumKBO/BCE: BE 0423.372.435

emr has been active since 1982 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.07M and a net result of €47k. Equity is growing by ~8.3% per year across the filed fiscal years. Its solvency ranks better than 50% of 473 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).

Checked score

Score 2025
77 / 100
Excellent▲ +11 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability22▲+18
Solvency71▲+15
Growth78=
Stability100
Bankruptcy probability, 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €80k at 30 days acceptable
Liquidity ample (current ratio 1.6 against 1.5 in 2024), but 63% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Seven signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 27
Relative position
BE, all sectors
reference
Sector 27
higher
← 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 date
Age against the risk zone
elevated failure risk from 2 to 8 years 43 years 0 50 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
37%
Return on assets
1.6%
Age of the figures
11 mo
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 27-04-2026, 3 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
3 d early
2024
19 d early
2023
on the day
2022
2 d late
2021
3 d early
2020
1 d early
2018
5 d early
← before the deadline after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
13-09-2026 today30-09-2026 close30-04-2027 deadline
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 2025, abbreviated schema

Equity
€1.07M▲ 36.7%
2024 · €784k
2018: €325k 2020: €718k 2021: €741k 2022: €754k 2023: €778k 2024: €784k
2018 → 2025
Total assets
€2.89M▲ 5.9%
2024 · €2.73M
2018: €1.38M 2020: €1.74M 2021: €2.02M 2022: €3.00M 2023: €2.87M 2024: €2.73M
2018 → 2025
Net result
€47k▲ 699%
2024 · €6k
2018: €567 2020: €643k 2021: €23k 2022: €13k 2023: €23k 2024: €6k
2018 → 2025
Working capital
€795k▲ 26.8%
2024 · €627k
2018: €919k 2020: €626k 2021: €738k 2022: €758k 2023: €666k 2024: €627k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€741k-€754k▲ 1.7%€778k▲ 3.1%€784k▲ 0.8%€1.07M▲ 36.7%
Operating result€44k-€37k▼ 15.0%€86k▲ 131%€62k▼ 28.3%€89k▲ 42.8%
Net result€23k-€13k▼ 44.7%€23k▲ 82.7%€6k▼ 74.8%€47k▲ 699%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
€0€25k€50k€75k€100kOperating result 2021: €44k€44kNet result 2021: €23k€23kOperating result 2022: €37k€37kNet result 2022: €13k€13kOperating result 2023: €86k€86kNet result 2023: €23k€23kOperating result 2024: €62k€62kNet result 2024: €6k€6kOperating result 2025: €89k€89kNet result 2025: €47k€47k20212022202320242025
The operating result recovers in 2025; 2025 is 43% above 2024 and is the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.89M
Fixed assets €769k▼ 10.8%
Current assets €2.12M▲ 13.5%
Equity and liabilities €2.89M
Equity €1.07M▲ 36.7%
Provisions €21k▲ 388%
Debt €1.80M▼ 7.4%
The debt ratio falls from 71.2% to 62.3%: equity grows while debt is paid down.
Key figures and ratios
2025 value · change against 2024
EBITDA
€212k
2024 · €187k
Cash flow
€171k
2024 · €131k
Solvency
37.0%
2024 · 28.7%
Current ratio
1.60
2024 · 1.50
Quick ratio
0.40
2024 · 0.33
Debt / equity
1.68
2024 · 2.48
ROE
4.4%
2024 · 0.8%
ROA
1.6%
2024 · 0.2%
Interest coverage
5.51
2024 · 3.74
Debt
€1.80M
2024 · €1.95M
Debt ≤ 1 year
€1.33M
2024 · €1.24M
Debt > 1 year
€473k
2024 · €702k
Income taxes
€9k
2024 · €26k
Staff costs
€227k
2024 · €301k
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€2.73M€2.89M
Fixed assets21/28€862k€769k
Intangible fixed assets21€137k€134k
Tangible fixed assets22/27€716k€626k
Land and buildings22€593k€563k
Plant, machinery and equipment23€65k€35k
Furniture and vehicles24€26k€6k
Other tangible fixed assets26€32k€22k
Financial fixed assets28€9k€9k=
Current assets29/58€1.87M€2.12M
Stocks and contracts in progress3€1.46M€1.59M
Stocks30/36€1.42M€1.55M
Contracts in progress37€35k€35k
Amounts receivable within one year40/41€390k€505k
Trade receivables40€342k€455k
Other amounts receivable41€48k€50k
Cash at bank and in hand54/58€20k€29k
Deferred charges and accrued income490/1€2k-
Equity and liabilities
Total equity and liabilities10/49€2.73M€2.89M
Equity10/15€784k€1.07M
Contributions10/11€100k€400k
Capital10€100k€400k
Issued capital100€100k€400k
Reserves13€540k€530k
Non-distributable reserves130/1€10k€13k
Legal reserve130€10k€13k
Tax-exempt reserves132€15k€2k
Distributable reserves133€515k€515k=
Profit (loss) carried forward14€144k€141k
Provisions and deferred taxes16€4k€21k
Provisions for liabilities and charges160/5-€21k
Other liabilities and charges164/5-€21k
Deferred taxes168€4k-
Amounts payable17/49€1.95M€1.80M
Amounts payable after more than one year17€702k€473k
Financial debts170/4€527k€473k
Other amounts payable178/9€175k-
Amounts payable within one year42/48€1.24M€1.33M
Current portion of amounts payable after more than one year42€87k€58k
Financial debts43€154k€154k
Credit institutions430/8€154k€154k
Trade debts44€506k€699k
Suppliers440/4€506k€699k
Taxes, remuneration and social security45€160k€157k
Taxes450/3€108k€117k
Remuneration and social security454/9€52k€40k
Other amounts payable47/48€336k€262k
Accrued charges and deferred income492/3€51€51=
Income statement Code20242025
Non-recurring operating income76A-€43k
Remuneration, social security and pensions62€301k€227k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€125k€123k
Other operating charges640/8€9k€15k
Non-recurring operating charges66A-€21k
Gross operating margin9900€497k€474k
Operating profit (loss)9901€62k€89k
Financial income75/76B€2k€2k
Recurring financial income75€2k€2k
Financial charges65/66B€50k€38k
Recurring financial charges65€50k€38k
Profit (loss) for the period before taxes9903€14k€52k
Transfer from deferred taxes780€17k€4k
Income taxes67/77€26k€9k
Profit (loss) for the period9904€6k€47k
Transfer from tax-exempt reserves789€52k€13k
Profit (loss) for the period to be appropriated9905€58k€61k
Appropriation of the result
Profit (loss) to be appropriated9906€144k€204k
Profit (loss) brought forward from the previous period14P€86k€144k
Transfer to equity691/2-€3k
To the legal reserve6920-€3k
Profit to be distributed694/7-€60k
Directors or managers695-€60k
Social balance
Average headcount (FTE)90875.54.7

The notes to these accounts (22 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

Next filing, fiscal year 2026, expected by 30-04-2027
2026
27-04
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
30-09
Financial Equity above €1MEq €1.07M ▲36.7%
7 profitable years in a row build equity to €1.07M.
11-04
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
30-04
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
02-05
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema · 2 days late
2022
27-04
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
29-04
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
30-09
Financial Highest result since 2018net €643k ▲113344%
Operating result €753k, net result €643k, both a record.
30-09
Financial Equity above €500kEq €718k ▲121%
2 profitable years in a row build equity to €718k.
2019
26-07
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
27-07
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
07-07
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
21-06
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.

Directors · office · real estate

Directors
2 directors, no change since 2025
Bryon Mario
Director · since 02-06-2025
Current
02-06-2025 Bryon Mario: Appointed as Director
02-06-2025 Gevaru nv: Resigned as Director
Location & real-estate footprint
Registered office, Lievegem · 1 establishment unit since 1983
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.

Kruisstraat 61C9930 Lievegem
Ground area
2,245 m²
Building footprint
816 m²
Volume, LiDAR
4,762 m³
Parcel 44080B0138/00E002, Flanders · tallest building 6.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
ELEKRO MOTORENBEDRIJF J ROGGHE
Kruisstraat 61C, 9930 LievegemNACE 52450
since 19832.021.578.780
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
44080B0138/00E002 Flanders 2,245 m² 1 · 816 m² 6.5 m · 2 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.

Public money · subsidies and aid

Flemish government

2024 · 1 entry · 3,000 EUR awarded · 3,000 EUR paid
Year Entries awardedpaid
2024 1 3,000 EUR3,000 EUR
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
1 entry · 3,000 EUR · 3,000 EUR paid · Fonds voor Innoveren en Ondernemen

Recognitions · licences · registrations

Dual-learning approval

1 ended

Similar companies · same sector, comparable size

Of 260 companies in sector 27110 we hold annual accounts for 171. 104 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPublic limited company
Founded14-12-1982
Fiscal year end30-09
Activities, NACEBEL
27110Manufacture of electrical equipment
33140Repair and maintenance of electrical equipment
Sources
Crossroads Bank for EnterprisesNational Bank · 40 filingsAddress and cadastre registers

Data from official sources, last processed on 12-09-2026. Scores and ratios are computed by Checked and are not a credit decision.