Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 0 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
EMG Kruineike from Deinze, company number BE0401874661, closed financial year 2025 with a result of € 474,886 after tax. For that financial year EMG Kruineike recorded a gross margin of € 205,595 and equity of € -698,099. Compared with financial year 2024, the result moved from € 4,032 to € 474,886. Profitable, and profit is growing. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on June 3, 2026.
€ -698,099
▲ € 474,886 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 474,886
▲ € 470,854 vs 2024
Profit after tax over the fiscal year.
€ 2,718
▼ 37% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € -1.3 million.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 1
▼ € 13,929 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 37,500
Wages, holiday pay and social contributions still to pay. No outstanding taxes.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -6,696 | € -537,208 | € 59,241 | € 205,595 | ▲ 247% |
| Profit after taxes | € -50,355 | € -871,310 | € 4,032 | € 474,886 | ▲ € 470,854 |
| Equity | € -305,707 | € -1,177,017 | € -1,172,985 | € -698,099 | ▲ € 474,886 |
| Total debts | € 590,000 | € 714,960 | € 769,180 | € 839,316 | ▲ 9% |
| Cash | € 6,958 | € 2,615 | € 4,345 | € 2,718 | ▼ 37% |
| Land & buildings | € 636,562 | € 636,562 | € 636,562 | € 636,562 | |
| Retained profit | € -920,942 | € -1,792,252 | € -1,788,220 | € -1,313,334 | ▲ € 474,886 |
| Bank debt | € 0 | € 590,000 | € 750,000 | € 0 | ▼ 100% |
| Balance sheet total | € 945,966 | € 643,325 | € 645,296 | € 643,670 |
Key figures of EMG Kruineike, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to EMG Kruineike?
What happened at EMG Kruineike in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 474,886 (▲ € 470,854 vs 2024). Source: NBB ↗
- Start of the company according to the CBE. KBO
- New establishment in Deinze. KBO
In short
From € 50,355 loss in 2022 to € 474,886 profit in 2025.
Best year ever: 2025, with € 474,886 profit.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Directors
According to the 2025 annual accounts
Director · represented by Yves Fassin
Establishments
Establishment units
Physical locations of this company
Schaapboer 3
9850 Deinze
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0401.874.661
- VAT number
- BE 0401.874.661
- Registered office
- Schaapboer 3, 9850 Deinze
- Names & denominations
- EMG Kruineike · EMG
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 8 March 1954
- Peppol
- Active · Active since 24 Dec 2025
- Activities · NACE
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