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EMI Real Estate

Active
Public limited companyfounded 1989active for 36 yearsIndustrielaan 6.3, 8520 Kuurne, BelgiumKBO/BCE: BE 0439.102.766
Summary

EMI Real Estate has been active since 1989 and the Belgian Official Gazette contains no insolvency or warning signals. The 2026 annual accounts show equity of €3.0m and a net result of -€6,749. Equity is growing by about 8.2% per year across the filed financial years. Its solvency ranks better than 25% of 74 sector peers (NACE 77, financial year 2026). The computed 12-month bankruptcy probability is 1.3% (low).

Overview

Activity
Rental and leasing activities
NACE 77120
2nd largest company by total assets in Kuurne, Administrative and support services sector1 site
Size
€19.4mtotal assets 2026
Equity
€3.0m
Loss
-€6,749
Financial health
63 Healthy Checked score 2026
Bankruptcy probabilitywithin 12 months
1.3%
Structure
Parent
MANAGEMENT DE RUDDER · 99.99%
Holdings
3
  • MANAGEMENT DE RUDDERDirector · permanent representative DE RUDDER Ignace
  • Peter GheeraertDirector
  • Stijn GheeraertDirector
Accounts 48 days early5 of 15 deeds read
Why 63raises risk2 changes of registered office in 24 monthsLiquidity: current ratio 0.41, cash €153,686Equity €3.0m (15.5% of total assets)lowers riskSize: total assets €19.4mShow the evidence

Checked score

Score 2026
63 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially better than 32% of its sector peers (NACE 77, medium-sized)
Financial strength · tick = 2025
Weak
Solvency 41+3
equity 15.5% of total assets
Liquidity 37-9
short-term debt 32.5% · cash 0.8%
Profitability 60+1
return on assets 0.0%
Bankruptcy probability, 12 months
1.3% Low
0%0.5%1.5%4%10%≥ 25%

About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.3% (94 companies, NACE 77, medium-sized)
Last 24 months 11-2024: 0.1%lowest value 12-2024: 0.3%▲ +0.2 percentage points vs 11-2024 01-2025: 0.3%● unchanged vs 12-2024 02-2025: 0.3%● unchanged vs 01-2025 03-2025: 0.3%● unchanged vs 02-2025 04-2025: 0.3%● unchanged vs 03-2025 05-2025: 0.3%● unchanged vs 04-2025 06-2025: 0.4%▲ +0.1 percentage points vs 05-2025 07-2025: 0.4%● unchanged vs 06-2025 08-2025: 0.6%▲ +0.2 percentage points vs 07-2025 09-2025: 0.4%▼ -0.2 percentage points vs 08-2025 10-2025: 0.4%● unchanged vs 09-2025 11-2025: 0.4%● unchanged vs 10-2025 12-2025: 0.4%● unchanged vs 11-2025 01-2026: 0.4%● unchanged vs 12-2025 02-2026: 0.4%● unchanged vs 01-2026 03-2026: 0.4%● unchanged vs 02-2026 04-2026: 0.5%▲ +0.1 percentage points vs 03-2026 05-2026: 0.5%● unchanged vs 04-2026 06-2026: 0.6%▲ +0.1 percentage points vs 05-2026 07-2026: 1.9%▲ +1.3 percentage points vs 06-2026highest value 08-2026: 1.3%▼ -0.6 percentage points vs 07-2026 09-2026: 1.3%● unchanged vs 08-2026 10-2026: 1.3%● unchanged vs 09-2026
Credit of up to €190,000 on 30-day terms is acceptable
Liquidity insufficient (current ratio 0.41, compared with 0.5 in 2025, below 1; short-term debt: 32.5% and cash: 0.8% of total assets), and 84.5% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 77, medium-sized): better than 33% on solvency, 33% on liquidity, 47% on profitability and 17% on growth.

The bankruptcy probability was computed on 19-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.
lowers riskraises riskneutral
raises risk · 2 changes of registered office in 24 months
Belgian Official Gazette
lowers risk · Size: total assets €19.4m
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · Liquidity: current ratio 0.41, cash €153,686
NBB · annual accounts
raises risk · Equity €3.0m (15.5% of total assets)
NBB · annual accounts
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 25% of 74 sector peers (2026).
NBB · sector comparison
Position among 74 sector peers
Solvency
better than 25%
← weakest strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-01-2026 was due by 31-08-2026 and was filed on 14-07-2026, 48 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2026
48 days early
2025
12 days early
2024
5 days early
2023
62 days early
2022
83 days early
2021
61 days early
2020
22 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 36 days before the deadline; the sector median (NACE 77) for financial year 2024 is 3 days before the deadline, and 39% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-01-2027 and is due by 31-08-2027. Nothing is late today. The company usually files around 14 July (4 of the last 5 filed years within 36 days of that day).
Companies Code · seven months
Where today falls in the filing period
20-10-2026 today31-01-2027 year end31-08-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2026 · full…
  2. RestructuringPermanent representative: Ignace De Rudder…
  3. Registered office · NameName change · Amendment of…

Key points

  • Positive: 2nd largest company by total assets in Kuurne, Administrative and support services…in the Checked rankings No. 2 View
  • Controlled by MANAGEMENT DE RUDDERthe company in turn controls 2 companies 99.99% View
  • Branch transferred to Gheeraert Rentingcontribution on 12-02-2026 2026 View
  • Caution: 2 loss-making years in a rowloss financial year 2026 -€6,749 View
  • Positive: Filed on time since financial year 2021accounts within the deadline every year 6 years View
  • Flemish supportawarded from 2024 to 2025 €244,365 View

By topic

Financials

Financial year
2026
Total assets
€19.4m
Loss
-€6,749
Solvency
15.5%
Total assets▼ 23.7%
Net result
20192026
Go to Financials

Board & ownership

Board
3 members
Parent
MANAGEMENT DE RUDDER · 99.99%
  • MANAGEMENT DE RUDDERDirector
  • Peter GheeraertDirector
  • Stijn GheeraertDirector
Go to Board & ownership

Network & group

Subsidiaries
2
Holdings
3
Connected companies
3
Mergers and asset contributions
2

3 holdings

Go to Network & group

Timeline

Events
44
Since
1991
Next accounts
by 31-08-2027
  1. 12-02-2026Capital & shares · Restructuring
  2. 24-11-2025Restructuring
  3. 19-08-2025Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Rental and leasing activitiesNACE 77120
Founded
01-12-1989
Year ends
31-01
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
2
Purpose
“1. Het verrichten van vervoer zowel nationaal als internationaal,zowel goederen- als…” (deed in Dutch)
Go to Articles of association

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