EMS
ActiveEMS has been active since 1998 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €211k and a net result of €23k. Equity is growing by ~7.7% per year across the filed fiscal years. Its solvency ranks better than 79% of 982 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
87
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability78▲+30
Solvency96▲+10
Growth78=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €18k at 30 days acceptable
Liquidity ample (current ratio 3.39 against 2.79 in 2024; short-term debt: 28.6% of total assets), and 29.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six 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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 42
Relative position
BE, all sectors
reference
Sector 42
higher
← fewer bankruptcies
more bankruptcies →
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
70.7%
Return on assets
7.7%
Age of the figures
15 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 30-01-2026, 1 day ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
1 d early
2024
3 d late
2023
1 d late
2022
on the day
2021
on the day
2020
1 d late
2019
3 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close22-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€211k▲ 8.2%
2024 · €195k
2019: €134k
2020: €146k
2021: €167k
2022: €177k
2023: €185k
2024: €195k
2019 → 2025
Total assets
€299k▼ 6.3%
2024 · €319k
2019: €187k
2020: €205k
2021: €296k
2022: €347k
2023: €337k
2024: €319k
2019 → 2025
Net result
€23k▲ 120%
2024 · €11k
2019: €7k
2020: €11k
2021: €22k
2022: €9k
2023: €8k
2024: €11k
2019 → 2025
Working capital
€205k▲ 5.6%
2024 · €194k
2019: €138k
2020: €145k
2021: €168k
2022: €171k
2023: €177k
2024: €194k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€167k-€177k▲ 5.6%€185k▲ 4.6%€195k▲ 5.7%€211k▲ 8.2%
Operating result€28k-€16k▼ 44.7%€13k▼ 14.4%€20k▲ 47.0%€50k▲ 155%
Net result€22k-€9k▼ 56.9%€8k▼ 13.4%€11k▲ 29.5%€23k▲ 120%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 155% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €299k
Fixed assets
€8k▼ 50.3%
Current assets
€290k▼ 3.9%
Equity and liabilities €299k
Equity
€211k▲ 8.2%
Debt
€88k▼ 29.2%
The debt ratio falls from 38.8% to 29.3%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€59k▲
2024 · €28k
Cash flow
€32k▲
2024 · €19k
Solvency
70.7%▲
2024 · 61.2%
Current ratio
3.39▲
2024 · 2.79
Quick ratio
3.37▲
2024 · 2.60
Debt / equity
0.41▼
2024 · 0.63
ROE
11.0%▲
2024 · 5.4%
ROA
7.7%▲
2024 · 3.3%
Interest coverage
8.53▲
2024 · 3.01
Debt
€88k▼
2024 · €124k
Debt ≤ 1 year
€86k▼
2024 · €108k
Income taxes
€11k▲
2024 · €5k
Staff costs
€-227▼
2024 · €7k
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€319k€299k▼
Fixed assets21/28€17k€8k▼
Tangible fixed assets22/27€17k€8k▼
Land and buildings22€299€183▼
Furniture and vehicles24€17k€8k▼
Current assets29/58€302k€290k▼
Amounts receivable after more than one year29€120k€120k=
Other amounts receivable291€120k€120k=
Stocks and contracts in progress3€21k€2k▼
Stocks30/36€21k€2k▼
Amounts receivable within one year40/41€158k€166k▲
Trade receivables40€84k€69k▼
Other amounts receivable41€74k€97k▲
Deferred charges and accrued income490/1€3k€3k▼
Equity and liabilities
Total equity and liabilities10/49€319k€299k▼
Equity10/15€195k€211k▲
Contributions10/11€6k€6k=
Reserves13€189k€205k▲
Non-distributable reserves130/1€2k€2k=
Other1319€2k€2k=
Distributable reserves133€187k€203k▲
Amounts payable17/49€124k€88k▼
Amounts payable after more than one year17€14k-
Financial debts170/4€14k-
Amounts payable within one year42/48€108k€86k▼
Current portion of amounts payable after more than one year42€13k€14k▲
Financial debts43€16k€22k▲
Credit institutions430/8€16k€22k▲
Trade debts44€71k€28k▼
Suppliers440/4€71k€28k▼
Taxes, remuneration and social security45€8k€23k▲
Taxes450/3€6k€22k▲
Remuneration and social security454/9€2k€265▼
Accrued charges and deferred income492/3€2k€2k▼
Income statement
Code20242025
Remuneration, social security and pensions62€7k€-227▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9k€9k=
Other operating charges640/8€9k€953▼
Gross operating margin9900€44k€60k▲
Operating profit (loss)9901€20k€50k▲
Financial income75/76B€5k€8k▲
Recurring financial income75€5k€8k▲
Financial charges65/66B€9k€24k▲
Recurring financial charges65€9k€7k▼
Non-recurring financial charges66B-€17k
Profit (loss) for the period before taxes9903€16k€34k▲
Income taxes67/77€5k€11k▲
Profit (loss) for the period9904€11k€23k▲
Profit (loss) for the period to be appropriated9905€11k€23k▲
Appropriation of the result
Profit (loss) to be appropriated9906€11k€23k▲
Transfer from equity791/2-€7k
Transfer to equity691/2€11k€23k▲
To other reserves6921€11k€23k▲
Profit to be distributed694/7-€7k
Return on contributions (dividend)694-€7k
The notes to these accounts (4 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
30-01
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-06
Financial
Highest result since 2019net €23k ▲120%
Operating result €50k, net result €23k, both a record.
30-06
Financial
Equity above €200kEq €211k ▲8.2%
7 profitable years in a row build equity to €211k.
03-02
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 3 days late
2024
01-02
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 1 day late
2023
31-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-06
Financial
Equity above €150kEq €167k ▲15%
3 profitable years in a row build equity to €167k.
01-02
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 1 day late
2020
03-02
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 3 days late
2019
31-01
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
31-01
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
31-01
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
1 act for this company is 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, Merelbeke-Melle · 1 establishment unit since 1998
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.
Schauwegemstraat 809090 Merelbeke-MelleGround area
659 m²
Building footprint
106 m²
Volume, LiDAR
462 m³
Parcel 44040C0187/00M002, Flanders · tallest building 7.3 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Schauwegemstraat 80, 9090 Merelbeke-Melle
since 19982.086.517.114
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44040C0187/00M002 | Flanders | 659 m² | 1 · 106 m² | 7.2 m · 1 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.
Recognitions · licences · registrations
Dual-learning approval
1 endedSimilar companies · same sector, comparable size
JET TRANSPORT
BE 0471.958.745
Oudsbergen · Eq €210k
Mo Construction
BE 0544.997.369
Sint-Niklaas · Eq €213k
Lutho Connect
BE 1002.799.856
Rumst · Eq €209k
DRS Solutions
BE 0724.622.266
Genk · Eq €214k
CHAUFFAGE TIBODO
BE 0892.835.609
Sint-Agatha-Berchem · Eq €215k
Of 1,825 companies in sector 42220 we hold annual accounts for 958. 682 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded20-03-1998
Fiscal year end30-06
Activities, NACEBEL
42220Construction of utility projects for electricity and telecommunications
43211General electrical installation work
45215
45310
Sources
Crossroads Bank for EnterprisesNational Bank · 27 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.