Losses
-€10,736 in two years
The 2024 and 2025 financial years closed with a loss. 2025 was the heaviest.
EWMT
Overview
Lifetime
6 annual accounts with figures on one time axispeak €36,057 (2022)
€6,777▼ 29.5%
lowest -€7,302 (2025)
-€7,302▼ €3,868
peak €77,347 (2023)
€66,611▼ 9.9%
€38,567▲ 22.1%
Board1 name since 2019
1 director
Documentsfilings and deeds
30-08-202630 days late
2025micro format
Gross margin from €9,612 to €6,777Loss of €7,302Debts from €31,588 to €38,567Cash from €22,425 to €13,405
Key points
from the 2025 annual accountsTurnover
≈ €56,000 estimated
The micro format states no turnover.
Investments
€20,505 1.5 × depreciation
Green is investment, beige is depreciation. Machinery stands 27.9% higher than in 2024.
Liquidity
0.95 was 1.39 in 2024
Short-term debts rose from €31,527 to €38,267.
Filings
6 annual accounts 5 late
The 2025 accounts came latest: 30 days after the end of the period.
Position in the sector
-€7,302
Lower net result than 85% of companies in specialised construction. Sector median €9,999 · 37,159 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 3,440 companies had the same profile as EWMT has now. Each dot stands for 9 companies, two years later.
90.1%
were still trading
7.4%
stopped another way
2.3%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
Test of the method
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.
Credit verdict
Credit check for an amount and term of your choice
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.
Signals
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0737789918
Registered office moved within Westerlo
New registered office: Hoevestraat 1, 2260 Westerlo · Previous registered office: Biezenstraat 70 2260 Westerlo · Gazette deed
Incorporation
Founding capital of €15,000, 100 shares · Founder: · Appointment: (director) · published on 20-11-2019 · Gazette deed
First establishment
Hoevestraat 1, Westerlo
Comparable companies
same main activity, similar in size and age| 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.
Official details
Source: KBO- Status
- Active since 18-11-2019Normal situation
- Activity
- General electrical installation workNACE 43211and 4 others
- Establishment unit
- 2.296.348.4052260 Westerlo, since 18-11-2019
- Financial year end
- 31 December
- Peppol
- Reachable since 08-06-2026
Annual accounts 2025
- €6,777▼ 29.5%
- €7,302▲ 113%
- €66,611▼ 9.9%
- €105,178▼ 0.3%
- Filing
- Filed on 30-08-2026
Insights on EWMT
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.
Financials
Annual accounts 2025
micro format, filed on 30-08-2026, 30 days late€6,777
▼ 29.5%
-€7,071
▼ €3,903
-€7,302
▼ €3,868
-€1,886
▼ €14,241
63.3%
▼ 6.7 percentage points
0.95
▼ 0.44
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €56,000. Estimated: probably between €37,000 and €120,000.
Balance sheet
balance sheet total €105,178 on 31-12-2025What the company ownsHow it is paid for
in euro
in euro
Position in the sector
63.3%
Higher than 68% of 37,177 companies in 2025.
0.95
Higher than 19% of 36,472 companies in 2025.
-6.9%
Higher than 14% of 36,707 companies in 2025.
EWMT
Middle half of the sector
80% of the sector
Micro accounts in specialised construction (NACE 43)
Net result: bottom quarter · Equity: middle half · Balance sheet total: middle half · Working capital: bottom quarter
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||
20/58 |
105,178 | 105,501 | 112,064 | 84,718 | 57,992 | 58,724 | |
21/28 |
68,797 | 61,620 | 56,746 | 13,277 | 18,379 | 13,309 | |
21 |
- | 90 | 190 | 290 | 390 | 490 | |
22/27 |
68,797 | 61,530 | 56,555 | 12,987 | 17,989 | 12,818 | |
22 |
3,617 | 4,297 | 4,977 | 5,656 | 6,336 | - | |
23 |
6,957 | 5,438 | 4,111 | 5,948 | 8,927 | 9,939 | |
24 |
58,223 | 51,795 | 47,468 | 1,382 | 2,726 | 2,880 | |
29/58 |
36,381 | 43,881 | 55,319 | 71,441 | 39,613 | 45,415 | |
3 |
6,686 | 4,090 | 7,159 | 4,497 | 234 | 3,407 | |
30/36 |
750 | 4,090 | 7,159 | 4,497 | 234 | 563 | |
37 |
5,936 | - | - | - | - | 2,844 | |
40/41 |
13,862 | 15,466 | 9,196 | 6,491 | 13,591 | 19,174 | |
40 |
5,113 | 9,848 | 8,441 | 6,259 | 8,449 | 19,174 | |
41 |
8,749 | 5,618 | 755 | 232 | 5,141 | - | |
54/58 |
13,405 | 22,425 | 36,707 | 58,457 | 23,664 | 22,386 | |
490/1 |
2,428 | 1,900 | 2,257 | 1,996 | 2,125 | 448 | |
| Balance sheet: equity and liabilities | |||||||
10/49 |
105,178 | 105,501 | 112,064 | 84,718 | 57,992 | 58,724 | |
10/15 |
66,611 | 73,913 | 77,347 | 58,668 | 33,866 | 39,779 | |
10/11 |
15,000 | 15,000 | 15,000 | 15,000 | 15,000 | 15,000 | |
14 |
51,611 | 58,913 | 62,347 | 43,668 | 18,866 | 24,779 | |
17/49 |
38,567 | 31,588 | 34,717 | 26,050 | 24,126 | 18,945 | |
42/48 |
38,267 | 31,527 | 34,394 | 25,886 | 24,012 | 18,675 | |
42 |
- | 1,690 | 1,689 | 1,672 | 1,672 | - | |
44 |
8,361 | 1,369 | 3,656 | 6,599 | 7,233 | 2,925 | |
440/4 |
8,361 | 1,369 | 3,656 | 6,599 | 7,233 | 2,925 | |
45 |
2,662 | 1,633 | 8,646 | 211 | 6,277 | 7,043 | |
450/3 |
4 | 1,633 | 3,415 | 211 | 6,277 | 7,043 | |
454/9 |
2,658 | - | 5,231 | - | - | - | |
47/48 |
27,243 | 26,833 | 20,403 | 17,403 | 8,830 | 8,708 | |
492/3 |
300 | 62 | 323 | 164 | 114 | 270 | |
| Income statement | |||||||
9900 |
6,777 | 9,612 | 32,766 | 36,057 | 1,441 | 35,964 | |
630 |
13,328 | 12,274 | 4,625 | 5,879 | 6,818 | 4,129 | |
640/8 |
520 | 505 | 4,090 | 512 | 449 | 795 | |
9901 |
-7,071 | -3,168 | 24,051 | 29,667 | -5,826 | 31,040 | |
75/76B |
0 | 0 | 0 | 1 | 0 | - | |
75 |
0 | 0 | 0 | 1 | 0 | - | |
65/66B |
231 | 267 | 168 | 97 | 87 | 58 | |
65 |
231 | 267 | 168 | 97 | 87 | 58 | |
9903 |
-7,302 | -3,434 | 23,883 | 29,570 | -5,913 | 30,982 | |
67/77 |
- | - | 5,204 | 4,768 | - | 6,203 | |
9904 |
-7,302 | -3,434 | 18,679 | 24,802 | -5,913 | 24,779 | |
9905 |
-7,302 | -3,434 | 18,679 | 24,802 | -5,913 | 24,779 | |
| Appropriation of the result | |||||||
9906 |
51,611 | 58,913 | 62,347 | 43,668 | 18,866 | 24,779 | |
14P |
58,913 | 62,347 | 43,668 | 18,866 | 24,779 | - | |
| Document | |||||||
The notes to these accounts have 8 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 30-08-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank2025 annual accounts filed 30 days after the deadline. Filed on 30 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00488297.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 30-08-2026 | 2026-00488297 | |
| 31-12-2024 | micro format | 06-08-2025 | 2025-00362724 | |
| 31-12-2023 | micro format | 28-08-2024 | 2024-00448196 | |
| 31-12-2022 | micro format | 25-08-2023 | 2023-00354029 | |
| 31-12-2021 | micro format | 27-08-2022 | 2022-20388400 | |
| 31-12-2020 | micro format | 30-06-2021 | 2021-30200471 |
Subsidies and aid
Flemish government 2023, 1 entry, €595 awarded, €595 paid
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
| 6,257 | 9,106 | 28,676 | 35,545 | 992 | 35,169 | ||
| 6,026 | 8,840 | 23,304 | 30,681 | 906 | 28,907 | ||
| 20,505 | 17,149 | 48,094 | 776 | 11,889 | 17,437 | ||
| -9,020 | -14,281 | -21,750 | 34,793 | 1,277 | - | ||
| -1,886 | 12,354 | 20,925 | 45,555 | 15,601 | 26,740 | ||
| 63.3% | 70.1% | 69.0% | 69.3% | 58.4% | 67.7% | ||
| 0.95 | 1.39 | 1.61 | 2.76 | 1.65 | 2.43 | ||
| 0.78 | 1.26 | 1.40 | 2.59 | 1.64 | 2.25 | ||
| 0.58 | 0.43 | 0.45 | 0.44 | 0.71 | 0.48 | ||
| -11.0% | -4.6% | 24.1% | 42.3% | -17.5% | 62.3% | ||
| -6.9% | -3.3% | 16.7% | 29.3% | -10.2% | 42.2% | ||
| 27.06 | 34.17 | over 100 | over 100 | 11.43 | - |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Investments
fixed assets acquired| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | €20,505 | €17,149 | €48,094 | €776 | €11,889 |
| €13,328 | €12,274 | €4,625 | €5,879 | €6,818 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Insights on EWMT
The operating result for 2025 is a loss of €7,071, larger than the loss of €3,168 in 2024. It is the lowest result since 2020.
Debt's share of the balance-sheet total rises from 29.9% to 36.7%. Equity is lower and debt is higher.
Board & ownership
Board
1 director, since incorporationDirector
since 18-11-2019
term without a fixed end
listed in the 2025 annual accounts, filed on 30-08-2026
- Signing authorityThe articles say who may bind the company, for example by signing a contract.
- Each director alonedeed of 20-11-2019
Mandates through the years
1 name, the dashed line is todayDirector
Board
Mandates as a list
-
- Director, from 18-11-2019 to date
Control
Founder
This company
EWMT
Equity €66,611
Loss €7,302 in 2025
Capital
- Contribution
- €15,000
- Shares
- 100
- Contribution per share
- €150
- Equity per share
- €666 in 2025
- Source
- deed of 20-11-2019
Articles of association
deed of 20-11-2019 (in Dutch)- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimited
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- At least 1 director
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- Third Friday of June at 18:00
Shareholders
At incorporation
deed of 20-11-2019 ↗
- 100 shares (100%) · €15,000
Network & group
No group
EWMT has no parent and no holdings in its annual accounts. is the only director. EWMT shares no director with another company.
At the same address
Hoevestraat 1, 2260 Westerlo · 1 other company| De Backer, Lynn (sole trader)
establishment since 04-04-2024 |
founded in 2024 1008.015.090 |
Timeline
Timeline
12 events since 2019Filings
Financial
Establishments
Address
2020202220242026
Deadline for the 2026 accounts: 31-07-2027
2026
Annual accounts 2025 filed NBBmicro format · 30 days late
Registered in the Peppol Directory Reachable for e-invoices through 0208:0737789918
2025
Weakest financial year net -€7,302 The net result drops to -€7,302, the lowest from 2020 to 2025.
Annual accounts 2024 filed PDFmicro format · 6 days late
2024
Annual accounts 2023 filed PDFmicro format · 28 days late
2023
Annual accounts 2022 filed PDFmicro format · 25 days late
2022
Back to profit net €24,802 The net result is €24,802, after one loss-making year.
Annual accounts 2021 filed PDFmicro format · 27 days late
2021
Annual accounts 2020 filed PDFmicro format · 31 days before the deadline
Registered office moved within WesterloNew registered office: Hoevestraat 1, 2260 Westerlo · Previous registered office: Biezenstraat 70 2260 Westerlo1 point ▸
- Registered-office move, Hoevestraat 1, 2260 Westerlo
2019
IncorporationFounding capital of €15,000, 100 shares · Founder: · Appointment: (director) · published on 20-11-20194 points ▸
- Founder,
- Founding capital, €15,000, 100 shares
- Board rule, 1
- Director appointment,
- The deed holds 4 more points.
First establishment Hoevestraat 1, Westerlo
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Identity
- Enterprise number
- 0737.789.918
- VAT number
- BE 0737.789.918
- Peppol ID
- 0208:0737789918
- Other Peppol ID
- 9925:BE0737789918
- Legal form
- Private limited company
- Status
- Active, normal situation
- Founded
- 18-11-2019
- Financial year
- ends on 31 December
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- Third Friday of June at 18:00deed of 20-11-2019 (in Dutch)
- Peppol
- Reachable since 08-06-2026Follow this company and you will hear the next morning if it leaves the Peppol register.
- Name
- EWMT in Dutch
- Entity type
- Legal entity
- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimiteddeed of 20-11-2019 (in Dutch)
- Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
- “Biezenstraat 70, 2260 Westerlo”deed of 20-11-2019 (in Dutch)
Activities
NACEBEL 202543211
General electrical installation work main activity
25530
Machining of metals
Codes under NACEBEL 2008
43211
Specialised construction activities main activity
25620
Manufacture of fabricated metal products, except machinery and equipment
33200
Installation of industrial machinery and equipment
74102
Other professional, scientific and technical activities
74909
Other professional, scientific and technical activities
- PurposeThe purpose describes the activities the company may carry out under its articles.
- “Algemene elektriciteitswerken en elektromechanica; Algemene laswerken en lascoördinatie(IWT); Het onderhoud,herstellen,installeren,opbouwen…”deed of 20-11-2019 (in Dutch)
7 activities
- Algemene elektriciteitswerken en elektromechanica;
- Algemene laswerken en lascoördinatie(IWT);
- Het onderhoud,herstellen,installeren,opbouwen en afbreken van allerhande machinerie en apparatuur;
- Het uitwerken en realiseren van diverse projecten op het gebied van elektriciteit,elektronica,machine–en werktuigbouw,industriële systeemontwikkeling en dergelijke meer;
- Het aanleggen,het oordeelkundig uitbouwen en beheren van een onroerend vermogen;alle verrichtingen met betrekking tot onroerende goederen en onroerende zakelijke rechten,zoals de aan-en verkoop,de bouw,de verbouwing,de binnenhuisinrichting en decoratie,de huur-en verhuur,de ruil,de verkavelingen,in het algemeen alle verrichtingen die rechtstreeks of onrechtstreeks betrekking hebben op het beheer of op het productief maken van onroerende goederen of onroerende zakelijke rechten;
- Het aanleggen,het oordeelkundig uitbouwen en beheren van een roerend vermogen;alle verrichtingen met betrekking tot roerende goederen en rechten,van welke aard ook,zoals de aan-en verkoop,de huur-en verhuur,de ruil;in het bijzonder het beheer en de valorisatie van alle verhandelbare waardepapieren,aandelen,obligaties,staatsfondsen;
- Het verwerven en aanhouden van participaties,in eender welke vorm ook,in alle bestaande of op te richten industriële,commerciële,financiële,landbouw-of immobiliënvennootschappen of–ondernemingen;het stimuleren,de planning en coördinatie van de ontwikkeling van de vennootschappen en ondernemingen,waarin ze een participatie aanhoudt;het deelnemen aan hun beheer,bestuur,vereffening en toezicht,alsmede het verlenen van technische,administratieve en financiële bijstand aan deze vennootschappen en ondernemingen.
Registered office and establishments
1 establishment| Establishment | Since | Unit number |
|---|---|---|
| Hoevestraat 1 registered office 2260 Westerlo | 18-11-2019 | 2.296.348.405 |
Buildings and parcels at the address
- Ground area
- 1,272 m²
- Buildings
- 195 m²
- Volume, LiDAR
- 948 m³
- Tallest building
- 7.4 m
Buildings to scale, each on its own parcel
Parcels
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 13049A0784/00Y002 | 1,272 m² | 1 · 195 m² | 7.4 m · 2 |
Contact
E-mail
nielsvandeneynde@outlook.com
Invoicing and payment
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice. Use the enterprise number 0737.789.918