Johan Empsen
ActiveJohan Empsen has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €705k and a net result of €45k. Equity is growing by ~8.4% per year across the filed fiscal years. Its solvency ranks better than 79% of 9113 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
91
/ 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
Profitability74▼-1
Solvency95▲+5
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €60k at 30 days acceptable
Liquidity ample (current ratio 2.56 against 1.96 in 2024; short-term debt: 14.1% and cash: 34.1% of total assets), and 29.9% 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○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← 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
70.1%
Return on assets
4.5%
Age of the figures
9 mo
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
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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 · 10 filingsDeviation from the deadline
2025
31 d late
2024
31 d early
2023
1 d early
2022
31 d late
2021
31 d late
2020
31 d late
2019
59 d late
← before the deadline
after the deadline →
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 monthsPosition in the running window
17-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Turnover
€0
Total assets
€1.01M▼ 1.0%
2024 · €1.02M
2018: €1.17M
2019: €967k
2020: €1.05M
2021: €1.06M
2022: €1.13M
2023: €1.01M
2024: €1.02M
2018 → 2025
Net result
€45k▼ 4.5%
2024 · €47k
2018: €330
2019: €38k
2020: €55k
2021: €40k
2022: €65k
2023: €32k
2024: €47k
2018 → 2025
Working capital
€221k▲ 18.7%
2024 · €186k
2018: €-91k
2019: €-11k
2020: €51k
2021: €96k
2022: €123k
2023: €168k
2024: €186k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€0-
Equity€517k-€582k▲ 12.5%€613k▲ 5.4%€660k▲ 7.7%€705k▲ 6.8%
Operating result€65k-€95k▲ 46.7%€58k▼ 38.3%€74k▲ 26.6%€67k▼ 9.1%
Net result€40k-€65k▲ 63.5%€32k▼ 51.1%€47k▲ 48.8%€45k▼ 4.5%
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 falls in 2025; 2025 is 9% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.01M
Fixed assets
€644k▲ 1.1%
Current assets
€363k▼ 4.6%
Equity and liabilities €1.01M
Equity
€705k▲ 6.8%
Provisions
€79k▼ 5.2%
Debt
€222k▼ 18.7%
The debt ratio falls from 26.9% to 22.1%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€132k▲
2024 · €124k
Cash flow
€110k▲
2024 · €97k
Solvency
70.1%▲
2024 · 64.9%
Current ratio
2.56▲
2024 · 1.96
Quick ratio
2.56▲
2024 · 1.96
Debt / equity
0.31▼
2024 · 0.41
ROE
6.4%▼
2024 · 7.1%
ROA
4.5%▼
2024 · 4.6%
Interest coverage
41.54▲
2024 · 33.36
Debt
€222k▼
2024 · €273k
Debt ≤ 1 year
€142k▼
2024 · €194k
Income taxes
€28k▼
2024 · €29k
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€1.02M€1.01M▼
Fixed assets21/28€637k€644k▲
Tangible fixed assets22/27€637k€644k▲
Land and buildings22€503k€476k▼
Plant, machinery and equipment23€68k€109k▲
Furniture and vehicles24€65k€56k▼
Other tangible fixed assets26-€3k
Current assets29/58€380k€363k▼
Amounts receivable within one year40/41€28k€19k▼
Trade receivables40€16k€4k▼
Other amounts receivable41€11k€15k▲
Cash at bank and in hand54/58€352k€343k▼
Deferred charges and accrued income490/1€800€714▼
Equity and liabilities
Total equity and liabilities10/49€1.02M€1.01M▼
Equity10/15€660k€705k▲
Contributions10/11€12k€12k=
Reserves13€606k€651k▲
Tax-exempt reserves132€153k€140k▼
Distributable reserves133€452k€510k▲
Profit (loss) carried forward14€42k€42k=
Provisions and deferred taxes16€84k€79k▼
Deferred taxes168€84k€79k▼
Amounts payable17/49€273k€222k▼
Amounts payable within one year42/48€194k€142k▼
Trade debts44€81€3k▲
Suppliers440/4€81€3k▲
Taxes, remuneration and social security45€12k€21k▲
Taxes450/3€9k€17k▲
Remuneration and social security454/9€3k€5k▲
Other amounts payable47/48€182k€118k▼
Accrued charges and deferred income492/3€79k€80k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€50k€65k▲
Other operating charges640/8€2k€1k▼
Gross operating margin9900€125k€133k▲
Operating profit (loss)9901€74k€67k▼
Financial income75/76B€1k€4k▲
Recurring financial income75€1k€4k▲
Financial charges65/66B€4k€3k▼
Recurring financial charges65€4k€3k▼
Profit (loss) for the period before taxes9903€71k€68k▼
Transfer from deferred taxes780€4k€4k=
Income taxes67/77€29k€28k▼
Profit (loss) for the period9904€47k€45k▼
Transfer from tax-exempt reserves789€13k€13k=
Profit (loss) for the period to be appropriated9905€60k€58k▼
Appropriation of the result
Profit (loss) to be appropriated9906€102k€100k▼
Profit (loss) brought forward from the previous period14P€42k€42k=
Transfer to equity691/2€60k€58k▼
To other reserves6921€60k€58k▼
The notes to these accounts (7 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
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 31 days late
2025
30-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
30-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
31-12
Financial
Highest result since 2018net €65k ▲63.5%
Operating result €95k, net result €65k, both a record.
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
31-12
Financial
Equity above €500kEq €517k ▲8.3%
4 profitable years in a row build equity to €517k.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
28-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 59 days late
2019
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 30 days late
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 30 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 31 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, Lubbeek · 1 establishment unit since 2007
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.
Tiensesteenweg(BIN) 1163211 LubbeekGround area
4,195 m²
Building footprint
2,183 m²
Volume, LiDAR
11,560 m³
Parcel 24012C0177/00L002, Flanders · tallest building 8.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
JOHAN EMPSEN
since 20072.162.311.924
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24012C0177/00L002 | Flanders | 4,195 m² | 1 · 2,183 m² | 8.9 m · 2 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.
Similar companies · same sector, comparable size
ROMO
BE 0424.024.117
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SOS-IMMO
BE 1026.140.234
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AUDIMO
BE 0691.896.347
Assesse · Eq €705k
OPTILAND HERENTALS
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IMMO WCW
BE 0632.818.397
Beerse · Eq €707k
Of 12,016 companies in sector 68203 we hold annual accounts for 5,982. 4,305 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded19-01-2007
Fiscal year end31-12
Activities, NACEBEL
68203Renting and operating of own or leased non-residential real estate, excluding land
70203
68201Renting and operating of own or leased residential real estate, excluding social housing
70200Business and other management consultancy
70201
70220Business consulting
74142
92623
93199Other sports activities
Sources
Crossroads Bank for EnterprisesNational Bank · 19 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.