Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Tight liquidity NBB
Cash and receivables cover 51 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
EMAJU from Zwalm, company number BE0652837021, closed financial year 2025 with a result of € 158,013 after tax. For that financial year EMAJU recorded a gross margin of € 262,885 and equity of € 176,613. Compared with financial year 2024, the result moved from € 117,402 to € 158,013. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on April 2, 2026.
€ 176,613
▲ 30% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 158,013
▲ 35% vs 2024
Profit after tax over the fiscal year.
€ 25,351
▼ 57% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 117,402 paid out
74 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
€ 18,484
▼ 32% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 199,610
▼ 6% vs 2024
€ 35,054 is repaid this year. At this pace the long-term loan is gone in ≈ 6 years.
€ 1,808
▼ 10% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 31,174
▼ 21% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 240,192 | € 248,958 | € 179,824 | € 262,885 | ▲ 46% |
| Profit after taxes | € 157,989 | € 163,755 | € 117,402 | € 158,013 | ▲ 35% |
| Equity | € 178,449 | € 184,215 | € 136,002 | € 176,613 | ▲ 30% |
| Total debts | € 343,165 | € 260,354 | € 329,938 | € 232,592 | ▼ 30% |
| Cash | € 26,815 | € 16,564 | € 58,958 | € 25,351 | ▼ 57% |
| Land & buildings | € 225,587 | € 219,785 | € 210,622 | € 203,897 | ▼ 3% |
| Retained profit | € 159,849 | € 165,615 | € 117,402 | € 158,013 | ▲ 35% |
| Dividend | € 124,065 | € 157,989 | € 165,615 | € 117,402 | ▼ 29% |
| Bank debt | € 265,916 | € 237,263 | € 212,384 | € 199,610 | ▼ 6% |
| Balance sheet total | € 521,613 | € 444,569 | € 465,940 | € 409,205 | ▼ 12% |
Key figures of EMAJU, 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 EMAJU?
What happened at EMAJU in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 158,013 (▲ 35% vs 2024). Source: NBB ↗
- Ann De Smet became a director. NBB
- New establishment in Zwalm. KBO
- Start of the company according to the CBE. KBO
In short
From € 157,989 profit in 2022 to € 158,013 profit in 2025.
Paid € 198,447 in corporate taxes since 2022.
Best year ever: 2023, with € 163,755 profit.
Paid out € 565,071 in dividends to the owners in total.
Management
Behind EMAJU is Ann De Smet.
Directors
According to the 2025 annual accounts
Ann De Smet
Statutaire Bestuurder
since 2023
Establishments
Establishment units
Physical locations of this company
Noordlaan(Munk) 11
9630 Zwalm
Noordlaan(Munk) 50
9630 Zwalm
Active since 26 April 2016
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
- 0652.837.021
- VAT number
- BE 0652.837.021
- Registered office
- Noordlaan(Munk) 11, 9630 Zwalm
- Names & denominations
- EMAJU
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 26 April 2016
- Peppol
- Active · Active since 21 Oct 2026
- Activities · NACE
Activiteiten van holdings
Holdings