E.M.C.
ActiveSummary
The computed 12-month bankruptcy probability of E.M.C. is 1.6% (moderate). The 2024 annual accounts show equity of €62k and a net result of €33k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 77% of 26043 sector peers (fiscal year 2024). The company has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
Axes · tick = 2023
Profitability100▲+19
Solvency91▲+1
Growth78=
Track record100
Bankruptcy probability, 12 months
1.6%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €3.5k at 30 days only on tighter terms
Liquidity ample (current ratio 2.93 against 2.84 in 2023; short-term debt: 34.1% and cash: 17.2% of total assets), and 34.1% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Retail trade (NACE 47)
about 45% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 07-11-2025, 99 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 8 filingsDeviation from the deadline
2025
not confirmed
2024
99 d late
2023
36 d late
2022
25 d late
2021
58 d late
2020
87 d late
2019
98 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€62k▼ 27.1%
2023 · €85k
2018: €-6k
2019: €-70k▼ -1042% vs 2018lowest in 7 years
2020: €-22k▲ +68.1% vs 2019
2021: €30k▲ +233% vs 2020
2022: €62k▲ +110% vs 2021
2023: €85k▲ +37.1% vs 2022highest in 7 years
2024: €62k▼ -27.1% vs 2023
2018 → 2024
Total assets
€94k▼ 28.2%
2023 · €131k
2018: €153khighest in 7 years
2019: €23k▼ -85.2% vs 2018lowest in 7 years
2020: €36k▲ +59.6% vs 2019
2021: €145k▲ +301% vs 2020
2022: €94k▼ -35.2% vs 2021
2023: €131k▲ +39.3% vs 2022
2024: €94k▼ -28.2% vs 2023
2018 → 2024
Net result
€33k▲ 41.0%
2023 · €23k
2018: €-25k
2019: €-64k▼ -155% vs 2018lowest in 7 years
2020: €48k▲ +175% vs 2019
2021: €52k▲ +9.2% vs 2020highest in 7 years
2022: €33k▼ -37.5% vs 2021
2023: €23k▼ -29.1% vs 2022
2024: €33k▲ +41.0% vs 2023
2018 → 2024
Working capital
€62k▼ 27.1%
2023 · €85k
2018: €-28k
2019: €-70k▼ -153% vs 2018lowest in 7 years
2020: €-23k▲ +67.9% vs 2019
2021: €29k▲ +231% vs 2020
2022: €62k▲ +110% vs 2021
2023: €85k▲ +37.2% vs 2022highest in 7 years
2024: €62k▼ -27.1% vs 2023
2018 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€-22k-€30k€62k▲ 110%€85k▲ 37.1%€62k▼ 27.1%
2020: €-22klowest in 5 years
2021: €30k▲ +233% vs 2020
2022: €62k▲ +110% vs 2021
2023: €85k▲ +37.1% vs 2022highest in 5 years
2024: €62k▼ -27.1% vs 2023
Operating result€51k-€62k▲ 20.7%€50k▼ 19.7%€48k▼ 4.0%€50k▲ 4.1%
2020: €51k
2021: €62k▲ +20.7% vs 2020highest in 5 years
2022: €50k▼ -19.7% vs 2021
2023: €48k▼ -4.0% vs 2022lowest in 5 years
2024: €50k▲ +4.1% vs 2023
Net result€48k-€52k▲ 9.2%€33k▼ 37.5%€23k▼ 29.1%€33k▲ 41.0%
2020: €48k
2021: €52k▲ +9.2% vs 2020highest in 5 years
2022: €33k▼ -37.5% vs 2021
2023: €23k▼ -29.1% vs 2022lowest in 5 years
2024: €33k▲ +41.0% vs 2023
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 4% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €94k
Fixed assets
€200 =
Current assets
€94k ▼ 28.3%
Equity and liabilities €94k
Equity
€62k ▼ 27.1%
Debt
€32k ▼ 30.4%
Debt's share of the balance-sheet total falls from 35.1% to 34.1%. Equity and debt are lower.
Key figures and ratios
Current ratio
2.93▲
2023 · 2.84
Debt to equity
0.52▼
2023 · 0.54
ROE
52.3%▲
2023 · 27.1%
ROA
34.5%▲
2023 · 17.6%
Debt ≤ 1 year
€32k▼
2023 · €46k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 37 lines
Balance sheet
Code20232024
Assets
Total assets20/58€131k€94k▼
Fixed assets21/28€200€200=
Financial fixed assets28€200€200=
Current assets29/58€131k€94k▼
Amounts receivable within one year40/41€85k€78k▼
Trade receivables40€58k€37k▼
Other amounts receivable41€27k€40k▲
Cash at bank and in hand54/58€46k€16k▼
Deferred charges and accrued income490/1€100€100=
Equity and liabilities
Total equity and liabilities10/49€131k€94k▼
Equity10/15€85k€62k▼
Contributions10/11€15k€15k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€68k€45k▼
Amounts payable17/49€46k€32k▼
Amounts payable within one year42/48€46k€32k▼
Financial debts43€3k-
Credit institutions430/8€3k-
Trade debts44€20k€7k▼
Suppliers440/4€20k€7k▼
Taxes, remuneration and social security45€23k€26k▲
Taxes450/3€23k€26k▲
Income statement
Code20232024
Other operating charges640/8€384€348▼
Non-recurring operating charges66A€6k€2k▼
Gross operating margin9900€54k€52k▼
Operating profit (loss)9901€48k€50k▲
Financial charges65/66B€6k€17k▲
Recurring financial charges65€6k€402▼
Non-recurring financial charges66B-€17k
Profit (loss) for the period before taxes9903€42k€33k▼
Income taxes67/77€19k-
Profit (loss) for the period9904€23k€33k▲
Profit (loss) for the period to be appropriated9905€23k€33k▲
Appropriation of the result
Profit (loss) to be appropriated9906€68k€45k▼
Profit (loss) brought forward from the previous period14P€45k€13k▼
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €270 | - | - | - | - | - |
| Other operating charges640/8 | - | €348 | €348 | €384 | €348 | ▼ 9.6% |
| Non-recurring operating charges66A | - | €4k | €2k | €6k | €2k | ▼ 59.9% |
| Gross operating margin9900 | €53k | €66k | €52k | €54k | €52k | ▼ 3.1% |
| Operating profit (loss)9901 | €51k | €62k | €50k | €48k | €50k | ▲ 4.1% |
| Financial charges65/66B | - | €856 | €402 | €6k | €17k | ▲ 198% |
| Recurring financial charges65 | €4k | €856 | €402 | €6k | €402 | ▼ 93.0% |
| Non-recurring financial charges66B | - | - | - | - | €17k | - |
| Profit (loss) for the period before taxes9903 | €48k | €61k | €49k | €42k | €33k | ▼ 22.4% |
| Income taxes67/77 | - | €9k | €17k | €19k | - | - |
| Profit (loss) for the period9904 | €48k | €52k | €33k | €23k | €33k | ▲ 41.0% |
| Profit (loss) for the period to be appropriated9905 | €48k | €52k | €33k | €23k | €33k | ▲ 41.0% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €36k | €145k | €94k | €131k | €94k | ▼ 28.2% |
| Fixed assets21/28 | €200 | €200 | €200 | €200 | €200 | = |
| Financial fixed assets28 | €200 | €200 | €200 | €200 | €200 | = |
| Current assets29/58 | €36k | €145k | €94k | €131k | €94k | ▼ 28.3% |
| Amounts receivable within one year40/41 | €33k | €135k | €78k | €85k | €78k | ▼ 8.9% |
| Trade receivables40 | - | €111k | €37k | €58k | €37k | ▼ 35.7% |
| Other amounts receivable41 | - | €23k | €40k | €27k | €40k | ▲ 47.6% |
| Cash at bank and in hand54/58 | €3k | €10k | €16k | €46k | €16k | ▼ 64.4% |
| Deferred charges and accrued income490/1 | - | €131 | €100 | €100 | €100 | = |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €36k | €145k | €94k | €131k | €94k | ▼ 28.2% |
| Equity10/15 | €-22k | €30k | €62k | €85k | €62k | ▼ 27.1% |
| Contributions10/11 | - | €15k | €15k | €15k | €15k | = |
| Reserves13 | €2k | €2k | €2k | €2k | €2k | = |
| Non-distributable reserves130/1 | - | €2k | €2k | €2k | €2k | = |
| Reserves not available under the articles1311 | - | €2k | €2k | €2k | €2k | = |
| Profit (loss) carried forward14 | €-39k | €13k | €45k | €68k | €45k | ▼ 33.7% |
| Amounts payable17/49 | €59k | €116k | €32k | €46k | €32k | ▼ 30.4% |
| Amounts payable within one year42/48 | €59k | €116k | €32k | €46k | €32k | ▼ 30.4% |
| Financial debts43 | - | - | - | €3k | - | - |
| Credit institutions430/8 | - | - | - | €3k | - | - |
| Trade debts44 | €41k | €107k | €7k | €20k | €7k | ▼ 66.3% |
| Suppliers440/4 | - | €107k | €7k | €20k | €7k | ▼ 66.3% |
| Taxes, remuneration and social security45 | - | €9k | €26k | €23k | €26k | ▲ 9.7% |
| Taxes450/3 | - | €9k | €26k | €23k | €26k | ▲ 9.7% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €48k | €52k | €33k | €23k | €33k | ▲ 41.0% |
| + Depreciation and write-downs630 | €270 | - | - | - | - | - |
| Operating cash flow (approximation) | €48k | €52k | €33k | €23k | €33k | ▲ 41.0% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €0 | - |
| Change in cash | - | €7k | €6k | €29k | €-29k | ▼ 200% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2026
03-08
State Gazette act
Registered officeRegistered-office move2 facts ▸
State Gazette act
Registered office
Registered-office move2 facts ▸
- General meeting, 15/07/2026
- Registered-office move, Avenue Louise, 231 à 1050 BRUXELLES
2025
07-11
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 99 days late
2024
05-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 36 days late
2023
25-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 25 days late
2022
31-12
Financial
Liquidity doublescurrent ratio 2.93
Current ratio from 1.25 to 2.93; short-term debt falls from €116k to €32k.
27-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 58 days late
2021
31-12
Financial
Highest result since 2018net €52k ▲9.2%
Operating result €62k, net result €52k, both a record.
31-12
Financial
Liquidity doublescurrent ratio 1.25
Current ratio from 0.62 to 1.25.
26-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 87 days late
2020
31-12
Financial
Back to profitnet €48k
Net result €48k after 2 loss-making years.
06-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 98 days late
2019
31-12
Financial
Weakest financial yearnet €-64k
Net result drops to €-64k, the lowest in the series; recovery starts the following year.
17-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 48 days late
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 30 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 4 acts read
About the unread acts
Of the 4 Belgian State Gazette acts we know for this company, 1 has been read. The other 3 have not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
4 acts for this company are in the Belgian State Gazette, of which we have read 1. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Elsene · 1 establishment unit since 2016
Ground area
5,672 m²
Building footprint
3,878 m²
Volume, LiDAR
86,391 m³
Parcel 21807G0131/00T000, Brussels · tallest building 45.8 m, ±8 floors. Linked by address, not a title deed.
562
companies at this address
See who is registered here
1 establishment unit
Louizalaan 231, 1050 Elsene
since 20162.259.711.802
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21807G0131/00T000 | Brussels | 5,672 m² | 1 · 3,878 m² | 45.8 m · 8 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 2,445 companies in sector 47820 we hold annual accounts for 778. 578 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded28-11-2016
Fiscal year end31-12
Activities, NACEBEL 2025
47820Retail sale of motor vehicle parts and accessories
47120Other non-specialised retail sale
Scores and ratios are computed by Checked and are not a credit decision.