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EWMT

Active
Private limited companyfounded 20196 yrs activeHoevestraat 1, 2260 Westerlo, BelgiumKBO/BCE: BE 0737.789.918
Summary

The computed 12-month bankruptcy probability of EWMT is 2.3% (moderate). The 2025 annual accounts show equity of €67k and a net result of €-7k. Equity is growing by ~13.1% per year across the filed fiscal years. Its solvency ranks better than 68% of 27965 sector peers (fiscal year 2025). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2025
Axes · tick = 2024
Profitability60▼-5
Solvency88▼-7
Growth52=
Track record100
Bankruptcy probability, 12 months
2.3% Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €3.5k at 30 days acceptable
Liquidity short (current ratio 0.95 against 1.39 in 2024; short-term debt: 36.4% and cash: 12.7% of total assets), and 36.7% of the assets are financed with debt.
Credit check for your own amount and term

Signals

Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
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 date
Age against the risk zone
highest failure risk from 2 to 8 years 6 years 0 10 y
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
63.3%
Return on assets
-6.9%
Age of the figures
9 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025
Net result per financial year
202122232425
2020 to 2025 · latest year €-7k
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-08-2026, 30 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 · 6 filings
Deviation from the deadline
2025
30 d late
2024
6 d late
2023
28 d late
2022
25 d late
2021
27 d late
2020
31 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 months
Position in the running window
25-09-2026 today31-12-2026 close31-07-2027 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, micro schema

Equity
€67k▼ 9.9%
2024 · €74k
2020: €40k 2021: €34k▼ -14.9% vs 2020lowest in 6 years 2022: €59k▲ +73.2% vs 2021 2023: €77k▲ +31.8% vs 2022highest in 6 years 2024: €74k▼ -4.4% vs 2023 2025: €67k▼ -9.9% vs 2024
2020 → 2025
Total assets
€105k▼ 0.3%
2024 · €106k
2020: €59k 2021: €58k▼ -1.2% vs 2020lowest in 6 years 2022: €85k▲ +46.1% vs 2021 2023: €112k▲ +32.3% vs 2022highest in 6 years 2024: €106k▼ -5.9% vs 2023 2025: €105k▼ -0.3% vs 2024
2020 → 2025
Net result
€-7k▼ 113%
2024 · €-3k
2020: €25k 2021: €-6k▼ -124% vs 2020 2022: €25k▲ +519% vs 2021highest in 6 years 2023: €19k▼ -24.7% vs 2022 2024: €-3k▼ -118% vs 2023 2025: €-7k▼ -113% vs 2024lowest in 6 years
2020 → 2025
Working capital
€-2k
2024 · €12k
2020: €27k 2021: €16k▼ -41.7% vs 2020 2022: €46k▲ +192% vs 2021highest in 6 years 2023: €21k▼ -54.1% vs 2022 2024: €12k▼ -41.0% vs 2023 2025: €-2k▼ -115% vs 2024lowest in 6 years
2020 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€34k-€59k▲ 73.2%€77k▲ 31.8%€74k▼ 4.4%€67k▼ 9.9% 2021: €34klowest in 5 years 2022: €59k▲ +73.2% vs 2021 2023: €77k▲ +31.8% vs 2022highest in 5 years 2024: €74k▼ -4.4% vs 2023 2025: €67k▼ -9.9% vs 2024
Operating result€-6k-€30k€24k▼ 18.9%€-3k€-7k▼ 123% 2021: €-6k 2022: €30k▲ +609% vs 2021highest in 5 years 2023: €24k▼ -18.9% vs 2022 2024: €-3k▼ -113% vs 2023 2025: €-7k▼ -123% vs 2024lowest in 5 years
Net result€-6k-€25k€19k▼ 24.7%€-3k€-7k▼ 113% 2021: €-6k 2022: €25k▲ +519% vs 2021highest in 5 years 2023: €19k▼ -24.7% vs 2022 2024: €-3k▼ -118% vs 2023 2025: €-7k▼ -113% vs 2024lowest in 5 years
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-10k€0€10k€20k€30kOperating result 2021: €-6k€-6kNet result 2021: €-6k€-6kOperating result 2022: €30k€30kNet result 2022: €25k€25kOperating result 2023: €24k€24kNet result 2023: €19k€19kOperating result 2024: €-3k€-3kNet result 2024: €-3k€-3kOperating result 2025: €-7k€-7kNet result 2025: €-7k€-7k20212022202320242025€-10k€0€10k€20kOperating result 2023: €24k€24kNet result 2023: €19k€19kOperating result 2024: €-3k€-3.2kNet result 2024: €-3k€-3.4kOperating result 2025: €-7k€-7.1kNet result 2025: €-7k€-7.3k202320242025
The operating result stays negative: a loss of €7k in 2025 against €3k in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €105k
Fixed assets €69k ▲ 11.6%
Current assets €36k ▼ 17.1%
Equity and liabilities €105k
Equity €67k ▼ 9.9%
Debt €39k ▲ 22.1%
Debt's share of the balance-sheet total rises from 29.9% to 36.7%. Equity is lower and debt is higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€6k▼
2024 · €9k
Cash flow
€6k▼
2024 · €9k
Current ratio
0.95▼
2024 · 1.39
Quick ratio
0.78▼
2024 · 1.26
Debt to equity
0.58▲
2024 · 0.43
ROE
-11.0%▼
2024 · -4.6%
ROA
-6.9%▼
2024 · -3.3%
Interest coverage
27.06▼
2024 · 34.17
Debt ≤ 1 year
€38k▲
2024 · €32k
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 · 43 lines
Balance sheet Code20242025
Assets
Total assets20/58€106k€105k▼
Fixed assets21/28€62k€69k▲
Intangible fixed assets21€90-
Tangible fixed assets22/27€62k€69k▲
Land and buildings22€4k€4k▼
Plant, machinery and equipment23€5k€7k▲
Furniture and vehicles24€52k€58k▲
Current assets29/58€44k€36k▼
Stocks and contracts in progress3€4k€7k▲
Stocks30/36€4k€750▼
Contracts in progress37-€6k
Amounts receivable within one year40/41€15k€14k▼
Trade receivables40€10k€5k▼
Other amounts receivable41€6k€9k▲
Cash at bank and in hand54/58€22k€13k▼
Deferred charges and accrued income490/1€2k€2k▲
Equity and liabilities
Total equity and liabilities10/49€106k€105k▼
Equity10/15€74k€67k▼
Contributions10/11€15k€15k=
Profit (loss) carried forward14€59k€52k▼
Amounts payable17/49€32k€39k▲
Amounts payable within one year42/48€32k€38k▲
Current portion of amounts payable after more than one year42€2k-
Trade debts44€1k€8k▲
Suppliers440/4€1k€8k▲
Taxes, remuneration and social security45€2k€3k▲
Taxes450/3€2k€4▼
Remuneration and social security454/9-€3k
Other amounts payable47/48€27k€27k▲
Accrued charges and deferred income492/3€62€300▲
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€12k€13k▲
Other operating charges640/8€505€520▲
Gross operating margin9900€10k€7k▼
Operating profit (loss)9901€-3k€-7k▼
Financial income75/76B€0€0=
Recurring financial income75€0€0=
Financial charges65/66B€267€231▼
Recurring financial charges65€267€231▼
Profit (loss) for the period before taxes9903€-3k€-7k▼
Profit (loss) for the period9904€-3k€-7k▼
Profit (loss) for the period to be appropriated9905€-3k€-7k▼
Appropriation of the result
Profit (loss) to be appropriated9906€59k€52k▼
Profit (loss) brought forward from the previous period14P€62k€59k▼

The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Accounts by statement
Line20212022202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7k€6k€5k€12k€13k▲ 8.6%
Other operating charges640/8€449€512€4k€505€520▲ 2.8%
Gross operating margin9900€1k€36k€33k€10k€7k▼ 29.5%
Operating profit (loss)9901€-6k€30k€24k€-3k€-7k▼ 123%
Financial income75/76B€0€1€0€0€0=
Recurring financial income75€0€1€0€0€0=
Financial charges65/66B€87€97€168€267€231▼ 13.2%
Recurring financial charges65€87€97€168€267€231▼ 13.2%
Profit (loss) for the period before taxes9903€-6k€30k€24k€-3k€-7k▼ 113%
Income taxes67/77-€5k€5k---
Profit (loss) for the period9904€-6k€25k€19k€-3k€-7k▼ 113%
Profit (loss) for the period to be appropriated9905€-6k€25k€19k€-3k€-7k▼ 113%
Line20212022202320242025Change
Assets
Total assets20/58€58k€85k€112k€106k€105k▼ 0.3%
Fixed assets21/28€18k€13k€57k€62k€69k▲ 11.6%
Intangible fixed assets21€390€290€190€90--
Tangible fixed assets22/27€18k€13k€57k€62k€69k▲ 11.8%
Land and buildings22€6k€6k€5k€4k€4k▼ 15.8%
Plant, machinery and equipment23€9k€6k€4k€5k€7k▲ 27.9%
Furniture and vehicles24€3k€1k€47k€52k€58k▲ 12.4%
Current assets29/58€40k€71k€55k€44k€36k▼ 17.1%
Stocks and contracts in progress3€234€4k€7k€4k€7k▲ 63.5%
Stocks30/36€234€4k€7k€4k€750▼ 81.7%
Contracts in progress37----€6k-
Amounts receivable within one year40/41€14k€6k€9k€15k€14k▼ 10.4%
Trade receivables40€8k€6k€8k€10k€5k▼ 48.1%
Other amounts receivable41€5k€232€755€6k€9k▲ 55.7%
Cash at bank and in hand54/58€24k€58k€37k€22k€13k▼ 40.2%
Deferred charges and accrued income490/1€2k€2k€2k€2k€2k▲ 27.8%
Equity and liabilities
Total equity and liabilities10/49€58k€85k€112k€106k€105k▼ 0.3%
Equity10/15€34k€59k€77k€74k€67k▼ 9.9%
Contributions10/11€15k€15k€15k€15k€15k=
Profit (loss) carried forward14€19k€44k€62k€59k€52k▼ 12.4%
Amounts payable17/49€24k€26k€35k€32k€39k▲ 22.1%
Amounts payable within one year42/48€24k€26k€34k€32k€38k▲ 21.4%
Current portion of amounts payable after more than one year42€2k€2k€2k€2k--
Trade debts44€7k€7k€4k€1k€8k▲ 511%
Suppliers440/4€7k€7k€4k€1k€8k▲ 511%
Taxes, remuneration and social security45€6k€211€9k€2k€3k▲ 63.0%
Taxes450/3€6k€211€3k€2k€4▼ 99.7%
Remuneration and social security454/9--€5k-€3k-
Other amounts payable47/48€9k€17k€20k€27k€27k▲ 1.5%
Accrued charges and deferred income492/3€114€164€323€62€300▲ 387%
Line20212022202320242025Change
Profit (loss) for the period9904€-6k€25k€19k€-3k€-7k▼ 113%
+ Depreciation and write-downs630€7k€6k€5k€12k€13k▲ 8.6%
Operating cash flow (approximation)€906€31k€23k€9k€6k▼ 31.8%
Investment in fixed assets (approximation)-€-776€-48k€-17k€-21k▼ 19.6%
Change in cash-€35k€-22k€-14k€-9k▲ 36.8%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
30-08
NBB filing Annual accounts filed
fiscal year 2025 · micro schema · 30 days late
2025
31-12
Financial Weakest financial yearnet €-7k
Net result drops to €-7k, the lowest in the series.
06-08
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 6 days late
2024
28-08
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 28 days late
2023
25-08
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 25 days late
2022
31-12
Financial Back to profitnet €25k
Net result €25k after one loss-making year.
27-08
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 27 days late
2021
30-06
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts

We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
2 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, Westerlo · 1 establishment unit since 2019
seat establishment The establishment unit on the map
Ground area
1,272 m²
Building footprint
195 m²
Volume, LiDAR
948 m³
Parcel 13049A0784/00Y002, Flanders · tallest building 7.4 m, ±2 floors. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
EWMT
Hoevestraat 1, 2260 WesterloManufacture of metal structures and parts of structures
since 20192.296.348.405
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
13049A0784/00Y002 Flanders 1,272 m² 1 · 195 m² 7.4 m · 2 fl.
Linked by address, not proof of ownership
Good to know
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

2023 · 1 entry · 595 EUR awarded · 595 EUR paid
Year Entries awardedpaid
2023 1 595 EUR595 EUR
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
1 entry · 595 EUR · 595 EUR paid · Fonds voor Innoveren en Ondernemen

Similar companies · same sector, comparable size

Of 22,815 companies in sector 43211 we hold annual accounts for 10,325. 8,744 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded18-11-2019
Fiscal year end31-12
Activities, NACEBEL 2025
43211General electrical installation work
25530Machining of metals
33200Installation of industrial machinery and equipment
74112Other professional, scientific and technical activities
74999Other professional, scientific and technical activities
Contact
E-mail nielsvandeneynde@outlook.com

Scores and ratios are computed by Checked and are not a credit decision.