EMRA PROJECTS
ActiveEMRA PROJECTS has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €109k and a net result of €15k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 51% of 4544 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability68▼-32
Solvency42▼-13
Growth78=
Stability100
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €6k at 30 days acceptable
Liquidity short (current ratio 0.85 against 1.08 in 2024), and 70.9% 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 · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 29-10-2025, 2 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
2 d early
2024
1 d early
2023
on the day
2022
on the day
2021
2 d early
2020
30 d late
2019
on the day
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close13-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, micro schema
Equity
€109k▼ 7.5%
2024 · €118k
2019: €-5k
2020: €6k
2021: €11k
2022: €35k
2023: €82k
2024: €118k
2019 → 2025
Total assets
€374k▲ 6.9%
2024 · €350k
2019: €251k
2020: €259k
2021: €286k
2022: €299k
2023: €304k
2024: €350k
2019 → 2025
Net result
€15k▼ 59.2%
2024 · €36k
2019: €-13k
2020: €11k
2021: €5k
2022: €24k
2023: €47k
2024: €36k
2019 → 2025
Working capital
€-23k
2024 · €9k
2019: €-50k
2020: €-61k
2021: €-62k
2022: €-41k
2023: €-3k
2024: €9k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€11k-€35k▲ 209%€82k▲ 132%€118k▲ 44.1%€109k▼ 7.5%
Operating result€13k-€61k▲ 385%€69k▲ 11.7%€53k▼ 23.0%€42k▼ 20.6%
Net result€5k-€24k▲ 365%€47k▲ 95.6%€36k▼ 22.6%€15k▼ 59.2%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 21% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €374k
Fixed assets
€242k▲ 6.0%
Current assets
€132k▲ 8.8%
Equity and liabilities €374k
Equity
€109k▼ 7.5%
Debt
€265k▲ 14.3%
The debt ratio rises from 66.4% to 70.9%: debt grows while equity shrinks.
Key figures and ratios
EBITDA
€65k▼
2024 · €68k
Cash flow
€38k▼
2024 · €52k
Solvency
29.1%▼
2024 · 33.6%
Current ratio
0.85▼
2024 · 1.08
Quick ratio
0.84▼
2024 · 1.06
Debt / equity
2.44▲
2024 · 1.97
ROE
13.5%▼
2024 · 30.6%
ROA
3.9%▼
2024 · 10.3%
Interest coverage
3.76▼
2024 · 13.08
Debt
€265k▲
2024 · €232k
Debt ≤ 1 year
€155k▲
2024 · €112k
Debt > 1 year
€110k▼
2024 · €120k
Income taxes
€10k▼
2024 · €13k
Staff costs
€2k
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€350k€374k▲
Fixed assets21/28€228k€242k▲
Tangible fixed assets22/27€228k€242k▲
Land and buildings22€189k€186k▼
Plant, machinery and equipment23€27k€39k▲
Furniture and vehicles24€12k€17k▲
Current assets29/58€122k€132k▲
Stocks and contracts in progress3€3k€3k=
Stocks30/36€3k€3k=
Amounts receivable within one year40/41€93k€87k▼
Trade receivables40€56k€30k▼
Other amounts receivable41€37k€57k▲
Cash at bank and in hand54/58€25k€40k▲
Deferred charges and accrued income490/1€2k€3k▲
Equity and liabilities
Total equity and liabilities10/49€350k€374k▲
Equity10/15€118k€109k▼
Contributions10/11€19k€19k=
Reserves13€99k€90k▼
Distributable reserves133€99k€90k▼
Profit (loss) carried forward14-€0
Amounts payable17/49€232k€265k▲
Amounts payable after more than one year17€120k€110k▼
Financial debts170/4€118k€109k▼
Other amounts payable178/9€2k€2k=
Amounts payable within one year42/48€112k€155k▲
Current portion of amounts payable after more than one year42€12k€12k▲
Financial debts43€0-
Credit institutions430/8€0-
Trade debts44€67k€83k▲
Suppliers440/4€67k€83k▲
Taxes, remuneration and social security45€33k€36k▲
Taxes450/3€33k€36k▲
Remuneration and social security454/9€0-
Other amounts payable47/48€0€24k▲
Income statement
Code20242025
Non-recurring operating income76A-€7k
Remuneration, social security and pensions62-€2k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€16k€23k▲
Other operating charges640/8€10k€21k▲
Gross operating margin9900€78k€89k▲
Operating profit (loss)9901€53k€42k▼
Financial income75/76B€1k€88▼
Recurring financial income75€1k€88▼
Financial charges65/66B€5k€17k▲
Recurring financial charges65€5k€17k▲
Profit (loss) for the period before taxes9903€49k€25k▼
Income taxes67/77€13k€10k▼
Profit (loss) for the period9904€36k€15k▼
Profit (loss) for the period to be appropriated9905€36k€15k▼
Appropriation of the result
Profit (loss) to be appropriated9906€36k€15k▼
Transfer from equity791/2-€9k
Transfer to equity691/2€36k€0▼
To other reserves6921€36k€0▼
Profit to be distributed694/7-€24k
Return on contributions (dividend)694-€24k
The notes to these accounts (11 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
2025
29-10
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2024
30-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
31-03
Financial
Equity above €100kEq €118k ▲44.1%
5 profitable years in a row build equity to €118k.
2023
31-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
31-03
Financial
Highest result since 2019net €47k ▲95.6%
Operating result €69k, net result €47k, both a record.
2022
31-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2021
29-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2020
30-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
31-03
Financial
Back to profitnet €11k
Net result €11k after one loss-making year.
2019
31-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
31-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
17-10
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2016
27-09
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
under verification, no change since 2024
This board is reconstructed from a single act (24432194). A Gazette act generally publishes only CHANGES, not a full roll call, so directors unchanged since then may be missing here. The KBO register holds the complete list of function holders.
D’ANDREA Fulvio Marco Louisa
CurrentStatutair bestuurder · since 30-09-2024
D’Andrea Raphaëlo Erwin Inge
CurrentNon-statutory director · since 30-09-2024
HEYMAN Evelyne André Yvonne
CurrentStatutair bestuurder · since 30-09-2024
30-09-2024
D’ANDREA Fulvio Marco Louisa: Appointed as Statutair bestuurder
30-09-2024
D’Andrea Raphaëlo Erwin Inge: Appointed as Non-statutory director
30-09-2024
HEYMAN Evelyne André Yvonne: Appointed as Statutair bestuurder
Location & real-estate footprint
Registered office, Knokke-Heist · 4 establishment units since 2009
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.
Koekoekstraat 188300 Knokke-HeistGround area
1,135 m²
Building footprint
781 m²
Volume, LiDAR
2,012 m³
4 parcels, Flanders · tallest building 13.8 m, ±4 floors. Linked by address, not a title deed.
4 establishment units
EMRA PROJECTS
since 20092.177.675.437
EMRA PROJECTS
since 20152.250.273.504
EMRA PROJECTS
since 20152.250.273.702
EMRA PROJECTS
since 20152.250.273.801
4 parcels
Flanders
4
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31039E0182/00N000 | Flanders | 519 m² | 1 · 123 m² | 8.8 m · 2 fl. |
| 31813R0237/00W011 | Flanders | 461 m² | 1 · 502 m² | - |
| 31004A0811/00A006 | Flanders | 78 m² | 1 · 78 m² | 10.3 m · 3 fl. |
| 31336H0619/00_000 | Flanders | 77 m² | 1 · 77 m² | 13.8 m · 4 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 3
4 of 4 parcels 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 · 2,000 EUR awarded · 2,000 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 2,000 EUR | 2,000 EUR |
Schemes
Hinderpremie bij openbare werken
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Of 994 companies in sector 96102 we hold annual accounts for 455. 344 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded31-03-2009
Fiscal year end31-03
Activities, NACEBEL
96102Launderettes and laundries for private customers
64200Holdings
64210Activities of holding companies
68110Buying and selling of own real estate
68201Renting and operating of own or leased residential real estate, excluding social housing
70200Business and other management consultancy
70220Business consulting
77392Rental and leasing activities
82990Other business support services
93299Other amusement and recreation activities
Sources
Crossroads Bank for EnterprisesNational Bank · 16 filingsAddress and cadastre registers
Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.