ACTIVE

EMWECO

Export PDF

Financial year 2025 · closed on 31/12/2025

Net result

56,4 k €

-75.5% YoY

Gross margin

449,2 k €

+2.3% YoY

Equity

3,2 M €

+1.8% YoY

What does EMWECO do?

EMWECO is a Private company with limited liability incorporated in 1989. Its registered office is in Heist-op-den-Berg.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0439.103.162

Incorporation

01/12/1989

Legal form

Private company with limited liability

Registered office

Liersesteenweg 225
2220 Heist-op-den-Berg · FlandreSee on map

Contributed capital

18 600,00 €

Latest accounts

31/12/2025

Signals

ProfitableSolid equityLow riskPositive cashflowPositive EBITDA

View the BCE/KBO Public Search record →

Health score

Available with a Rovalta subscriptionTry for 7 days

Recommended credit limit

✦ Verdict · Analyst summary

Financials

Trend over 20 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	449,2 k €	+2.3%	439,2 k €	+3.2%	425,4 k €	-0.4%	427,2 k €	+4.0%	410,8 k €	+23.8%	331,8 k €	-25.8%	447,3 k €	-2.8%	460,1 k €	+3.1%	446,3 k €	-1.5%	453,1 k €	+8.1%	419,2 k €	-3.0%	432,1 k €	+7.3%	402,8 k €	-2.3%	412,3 k €	+7.0%	385,2 k €	+1.3%	380,3 k €	+104%	186,3 k €	+38.3%	134,7 k €	+1.0%	133,3 k €	+2.0%	130,8 k €
EBITDA	387,1 k €	+2.2%	378,9 k €	+3.2%	367,3 k €	-1.8%	374,2 k €	+4.2%	359,1 k €	+33.1%	269,8 k €	-32.2%	398 k €	-3.3%	411,7 k €	+3.2%	399 k €	-2.0%	407,4 k €	+9.0%	373,8 k €	-3.3%	386,5 k €	+6.4%	363,4 k €	-3.1%	374,9 k €	+9.0%	343,9 k €	+1.3%	339,4 k €	+121%	153,8 k €	+48.8%	103,3 k €	+0.8%	102,5 k €	+2.4%	100,1 k €
Operating result	85,2 k €	-71.5%	299,5 k €	+4.0%	288 k €	-1.9%	293,4 k €	+5.4%	278,4 k €	+45.9%	190,8 k €	-35.0%	293,3 k €	-15.7%	347,8 k €	+12.6%	308,8 k €	-10.5%	345 k €	+10.8%	311,5 k €	-3.9%	324,2 k €	+7.7%	301 k €	+0.5%	299,6 k €	+44.2%	207,8 k €	+2.2%	203,3 k €	+249%	-136,1 k €	-232%	103,3 k €	+1.7%	101,6 k €	+14.3%	88,9 k €
Net result	56,4 k €	-75.5%	230,4 k €	+10.1%	209,3 k €	+0.2%	208,8 k €	+10.5%	188,9 k €	+53.9%	122,7 k €	-32.7%	182,2 k €	-17.1%	219,8 k €	+20.0%	183,1 k €	-13.4%	211,5 k €	+10.2%	191,9 k €	-4.4%	200,8 k €	+2.5%	195,9 k €	+9.7%	178,6 k €	+30.8%	136,5 k €	-4.4%	142,9 k €	+180%	-178,6 k €	-306%	86,7 k €	+7.7%	80,6 k €	+14.8%	70,2 k €
Balance sheet
Equity	3,2 M €	+1.8%	3,1 M €	+7.9%	2,9 M €	+7.8%	2,7 M €	+8.4%	2,5 M €	+8.2%	2,3 M €	+5.7%	2,2 M €	+9.2%	2 M €	+12.4%	1,8 M €	+11.5%	1,6 M €	+15.4%	1,4 M €	+16.2%	1,2 M €	-9.6%	1,3 M €	+17.6%	1,1 M €	+19.1%	933,7 k €	+17.1%	797,2 k €	+21.8%	654,4 k €	-21.4%	833 k €	+11.6%	746,3 k €	+12.1%	665,7 k €
Total assets	4,7 M €	+13.0%	4,1 M €	+3.7%	4 M €	+5.9%	3,8 M €	-3.6%	3,9 M €	+4.1%	3,8 M €	-5.7%	4 M €	+0.7%	4 M €	+1.4%	3,9 M €	-0.3%	3,9 M €	+1.0%	3,9 M €	-2.4%	4 M €	-0.6%	4 M €	+1.4%	3,9 M €	+4.9%	3,8 M €	-0.5%	3,8 M €	-2.0%	3,8 M €	+342%	870,9 k €	+15.6%	753,5 k €	+12.1%	672,1 k €
Cash	198,6 k €	-51.8%	412 k €	-19.6%	512,3 k €	-25.8%	690,3 k €	-17.4%	836,1 k €	+37.5%	608,2 k €	-34.8%	932,7 k €	-1.7%	949,2 k €	+11.7%	850 k €	-10.8%	952,9 k €	+8.6%	877,5 k €	-3.0%	904,5 k €	+6.7%	847,4 k €	+14.7%	738,8 k €	+7.2%	689,1 k €	+18.3%	582,3 k €	+3.8%	561 k €	+2775%	19,5 k €	-6.0%	20,7 k €	-76.3%	87,6 k €
Debts	1,5 M €	+47.8%	1 M €	-7.7%	1,1 M €	+1.2%	1,1 M €	-24.2%	1,4 M €	-2.8%	1,5 M €	-18.8%	1,8 M €	-7.9%	2 M €	-7.8%	2,1 M €	-8.4%	2,3 M €	-6.9%	2,5 M €	-10.3%	2,8 M €	+3.8%	2,7 M €	-5.0%	2,8 M €	+0.1%	2,8 M €	-5.2%	3 M €	-6.7%	3,2 M €	+8668%	36,2 k €	+545%	5,6 k €	+20.5%	4,7 k €

Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 9 ended

Active mandates

Herman Isidoor Macken

Director · since 21 janvier 2014

Active

Maria Augusta Waegemans

Director · since 21 janvier 2014

Active

Ended mandates

Herman Isidoor Macken

Manager · since 21 janvier 2014

Ended

Herman Macken

Manager · since 21 janvier 2014

Ended

Maria Augusta Waegemans

Manager · since 21 janvier 2014

Ended

Maria Waegemans

Manager · since 21 janvier 2014

Ended

At this address

Other companies at this address

Company	CBE no.
HEMACO● Active	0434.665.809
H.I.M.● Active	0440.227.768
IMMOCONSULT● Active	0440.228.263
IMMORENT● Active	0440.236.280
SERBORG● Active	0715.897.909
TOPINVEST● Active	0440.236.379

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Micro model	Micro model	Micro model	Micro model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	20/08/2026	03/07/2025	28/08/2024	28/08/2023	30/08/2022	23/08/2021
General meeting	03/06/2026	04/06/2025	05/06/2024	07/06/2023	01/06/2022	02/06/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

Looking for more information about this company?

Try for 7 days

Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2025	03/06/2026	20/08/2026	Dutch	PDF
Micro model	31/12/2024	04/06/2025	03/07/2025	Dutch	PDF
Micro model	31/12/2023	05/06/2024	28/08/2024	Dutch	PDF
Micro model	31/12/2022	07/06/2023	28/08/2023	Dutch	PDF
Micro model	31/12/2021	01/06/2022	30/08/2022	Dutch	PDF
Micro model	31/12/2020	02/06/2021	23/08/2021	Dutch	PDF
Micro model	31/12/2019	03/06/2020	03/09/2020	Dutch	PDF
Micro model	31/12/2018	05/06/2019	28/08/2019	Dutch	PDF
Micro model	31/12/2017	06/06/2018	29/08/2018	Dutch	PDF
Micro model	31/12/2016	07/06/2017	10/06/2017	Dutch	PDF
Abridged model	31/12/2015	01/06/2016	05/07/2016	Dutch	PDF
Abridged model	31/12/2014	03/06/2015	19/08/2015	Dutch	PDF
Abridged model	31/12/2013	04/06/2014	27/06/2014	Dutch	PDF
Abridged model	31/12/2012	05/06/2013	17/07/2013	Dutch	PDF
Abridged model	31/12/2011	06/06/2012	29/06/2012	Dutch	PDF
Abridged model	31/12/2010	01/06/2011	06/07/2011	Dutch	PDF
Abridged model	31/12/2009	02/06/2010	25/08/2010	Dutch	PDF
Abridged model	31/12/2008	03/06/2009	17/07/2009	Dutch	PDF
Abridged model	31/12/2007	04/06/2008	30/06/2008	Dutch	PDF
Abridged model	31/12/2006	05/06/2007	28/06/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 M€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 9 ended

Active mandates

Herman Isidoor Macken

Director · since 21 janvier 2014

Active

Maria Augusta Waegemans

Director · since 21 janvier 2014

Active

Ended mandates

Herman Isidoor Macken

Manager · since 21 janvier 2014

Ended

Herman Macken

Manager · since 21 janvier 2014

Ended

Maria Augusta Waegemans

Manager · since 21 janvier 2014

Ended

Maria Waegemans

Manager · since 21 janvier 2014

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates18/02/2014
KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM
PDF
Mandates20/01/2012
KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates28/06/2007
ONTSLAGEN - BENOEMINGEN
PDF
Mandates23/03/2004
ONTSLAGEN - BENOEMINGEN
PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

2025
Annual accounts 202556,4 k €↓
2024
Annual accounts 2024230,4 k €↑
2023
Annual accounts 2023209,3 k €↑
2022
Annual accounts 2022208,8 k €↑
2021
Annual accounts 2021188,9 k €↑
2020
Annual accounts 2020122,7 k €↓
2019
Annual accounts 2019182,2 k €↓
2018
Annual accounts 2018219,8 k €↑
2017
Annual accounts 2017183,1 k €↓
2016
Annual accounts 2016211,5 k €↑
2015
Annual accounts 2015191,9 k €↓
2014
Annual accounts 2014200,8 k €↑
2013
Annual accounts 2013195,9 k €↑
2012
Annual accounts 2012178,6 k €↑
2011
Annual accounts 2011136,5 k €↓
2010
Annual accounts 2010142,9 k €↑
2009
Annual accounts 2009-178,6 k €↓
2008
Annual accounts 200886,7 k €↑
2007
Annual accounts 200780,6 k €↑
2006
Annual accounts 200670,2 k €
01/12/1989
IncorporationPrivate company with limited liability

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

EMWECO

Overview

What does EMWECO do?

Trend over 20 financial years

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline