EMVACO

Active

Private limited companyfounded 20242 yrs activeKruiskesbos 28, 1861 Meise, BelgiumKBO/BCE: BE 1005.856.940

EMVACO is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €122k and a net result of €67k. Its solvency ranks better than 15% of 5491 sector peers (fiscal year 2025). The company has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals.

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Signals

Five signals. The signal on the left, the evidence on the right.

+raises risk○neutral

Weak solvency vs sector

Solvency (equity / total assets) is in the sector's weakest quartile: better than 15% of 5491 sector peers (2025).

NBB · sector comparison

Position among 5491 sector peers

Solvency

better than 15%

← weakest strongest →

Young company

Founded in 2024, under 3 years, statistically higher risk.

KBO · incorporation date

Age against the risk zone

Filed after the deadline

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 14-08-2026, 14 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.

NBB · 2 filings

Deviation from the deadline

2025

14 d late

2024

5 d late

← before the deadline after the deadline →

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 months

Position in the running window

14-09-2026 today31-12-2026 close31-07-2027 deadline

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

€122k▲ 123%

2024 · €55k

2024: €55k

2024 → 2025

Net result

€67k▲ 30.1%

2024 · €52k

2024: €52k

2024 → 2025

Total assets

€932k▲ 6.2%

2024 · €877k

2024: €877k

2024 → 2025

Solvency

13.1%▲ 6.9pp

2024 · 6.3%

2024: 6.3%

2024 → 2025

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20242025Trend

Equity€55k-€122k▲ 123%

Operating result€92k-€126k▲ 37.5%

Net result€52k-€67k▲ 30.1%

Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.

Result per fiscal year

Operating resultNet result

The operating result rises in 2025; 2025 is 37% above 2024.

Balance-sheet composition

2025 in colour, 2024 as the grey bar beneath

Assets €932k

88.7%

11%

Fixed assets €826k▲ 0.6%

Current assets €106k▲ 87.4%

Equity and liabilities €932k

13.1%

86.9%

Equity €122k▲ 123%

Debt €810k▼ 1.6%

The debt ratio falls from 93.7% to 86.9%: equity grows while debt is paid down.

Key figures and ratios

2025 value · change against 2024

Solvency

13.1%▲

2024 · 6.3%

ROE

55.2%▼

2024 · 94.5%

ROA

7.2%▲

2024 · 5.9%

Debt

€810k▼

2024 · €822k

Debt ≤ 1 year

€123k▲

2024 · €89k

Debt > 1 year

€685k▼

2024 · €733k

Income taxes

€32k▲

2024 · €25k

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€877k€932k▲

Fixed assets21/28€821k€826k▲

Tangible fixed assets22/27-€5k

Furniture and vehicles24-€5k

Financial fixed assets28€821k€821k=

Current assets29/58€56k€106k▲

Amounts receivable within one year40/41€15k€10k▼

Trade receivables40€15k€0▼

Other amounts receivable41-€10k

Cash at bank and in hand54/58€42k€96k▲

Equity and liabilities

Total equity and liabilities10/49€877k€932k▲

Equity10/15€55k€122k▲

Contributions10/11€3k€3k=

Reserves13€52k€119k▲

Distributable reserves133€52k€119k▲

Amounts payable17/49€822k€810k▼

Amounts payable after more than one year17€733k€685k▼

Financial debts170/4€733k€685k▼

Amounts payable within one year42/48€89k€123k▲

Current portion of amounts payable after more than one year42€46k€48k▲

Trade debts44€451€0▼

Suppliers440/4€451€0▼

Taxes, remuneration and social security45€33k€65k▲

Taxes450/3€33k€65k▲

Other amounts payable47/48€10k€10k=

Accrued charges and deferred income492/3-€892

Income statement Code20242025

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€780

Other operating charges640/8€161€246▲

Gross operating margin9900€92k€127k▲

Operating profit (loss)9901€92k€126k▲

Financial charges65/66B€15k€26k▲

Recurring financial charges65€15k€26k▲

Profit (loss) for the period before taxes9903€76k€100k▲

Income taxes67/77€25k€32k▲

Profit (loss) for the period9904€52k€67k▲

Profit (loss) for the period to be appropriated9905€52k€67k▲

Appropriation of the result

Profit (loss) to be appropriated9906€52k€67k▲

Transfer to equity691/2€52k€67k▲

To other reserves6921€52k€67k▲

The notes to these accounts (16 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

All 3Financial 1Filings 2

Next filing, fiscal year 2026, expected by 31-07-2027

2026

14-08

NBB filing Annual accounts filed

fiscal year 2025 · abbreviated schema · 14 days late

2025

31-12

Financial Equity above €100kEq €122k ▲123%

2 profitable years in a row build equity to €122k.

05-08

NBB filing Annual accounts filed

fiscal year 2024 · micro schema · 5 days late

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, Meise · 1 establishment unit since 2024

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.

Kruiskesbos 281861 Meise

Ground area

228 m²

Parcel 23093B0090/00Z000, Flanders. Linked by address, not a title deed.

1 establishment unit

EMVACO

Kruiskesbos 28, 1861 MeiseFinancial service activities, except insurance and pension funding

since 20242.355.747.344

1 parcel

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
23093B0090/00Z000	Flanders	228 m²	-	-

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.

Similar companies · same sector, comparable size

LOUIS XIV ENTERTAINMENT & CONSULTING

Merelbeke-Melle · Eq €122k

KW-BEHEER

BE 0771.451.886

Mortsel · Eq €122k

Of 24,640 companies in sector 64210 we hold annual accounts for 19,693. 12,777 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification

Legal formPrivate limited company

Founded09-02-2024

Fiscal year end31-12

Activities, NACEBEL

64200Holdings

64210Activities of holding companies

Sources

Crossroads Bank for EnterprisesNational Bank · 2 filingsAddress and cadastre registers

Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.