Losses
The 2024 and 2025 financial years closed with a loss. 2025 was the heaviest.
The 2024 and 2025 financial years closed with a loss. 2025 was the heaviest.
The micro format states no turnover.
Green is investment, beige is depreciation. Machinery stands 27.9% higher than in 2024.
Short-term debts rose from €31,527 to €38,267.
The 2025 accounts came latest: 30 days after the end of the period.
Lower net result than 85% of companies in specialised construction. Sector median €9,999 · 37,159 companies.
In July 2024, 3,440 companies had the same profile as EWMT has now. Each dot stands for 9 companies, two years later.
Another 0.2% stopped without a precise date, possibly only after those two years.
The method was tested on the 497,331 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 3,440 companies, not a prediction for EWMT. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
| Company | ||||
|---|---|---|---|---|
| EWMT Westerlo | €105,178 | €6,777 | 63.3% | - |
| Z Services Edegem | €122,633 | €8,042 | 0.1% | - |
| AEK TECHNICS Zemst | €95,016 | €6,794 | 68.4% | - |
| AELBO Lievegem | €94,468 | €6,933 | 66.8% | - |
| ESW Electro Wielsbeke | €110,152 | €5,678 | 73.9% | - |
| ALOR ELEKTRICITEITSWERKEN Maasmechelen | €96,693 | €5,771 | 0.3% | - |
| Electric Solutions Tobback Heist-op-den-Berg | €97,769 | €9,291 | 5.5% | - |
These companies have the same main activity as EWMT: general electrical installation work (NACE 43211). They are comparable in size and age: total assets between €94,500 and €123,000, founded between 2019 and 2020.
EWMT files the micro format. That format states no turnover. The gross margin fell from €35,964 in 2020 to €6,777 in 2025.
The balance sheet grew most from 2022 to 2023 through fixed assets.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
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