E.M.G.
InactiveFrom the official registers: KBO 23 annual accounts at the National Bank publications in the Belgian Official Gazette
E.M.G. was declared bankrupt on 19-03-2018 (Tribunal de commerce du Hainaut, division Charleroi). The bankruptcy was closed for insufficient assets by judgment of 26-05-2020, published in the Belgian Official Gazette on 29-05-2020.
Summary
Inactive. The last annual accounts are for financial year 2016.
Financials · financial year 2016, full format
Annual accounts 2016
- Financial year ended
- 31-12-2016
- Filed on
- 19-09-2017
- Format
- full format
- Reference
- 2017-61800063
2012 to 2016, 5 financial years 2012 to 2016, 5 financial years
The operating result for 2016 is a profit of €134,636, after a loss of €18,712 in 2015. It is the highest result since 2012.
Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.
Assets, equity and debt per financial year.
Above zero, the company can pay its short-term debts with what it holds in the short term.
The EBIT margin is the share of each euro of turnover left from operations. The return on assets is what the assets earn.
Use the arrow keys on the chart for the figures per year.
| Line | 2012 | 2013 | 2014 | 2015 | 2016 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €45,239 | - | - | - | €611,289 | - |
| Goods, raw materials, services and sundry goods60/61 | - | - | - | - | €305,600 | - |
| Remuneration, social security and pensions62 | - | - | - | - | €43,921 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €4,149 | €5,765 | €3,669 | €4,107 | €1,842 | ▼ 55.2% |
| Other operating charges640/8 | - | - | - | - | €5,290 | - |
| Gross operating margin9900 | €9,207 | €13,056 | €12,474 | -€8,168 | €185,689 | - |
| Operating profit (loss)9901 | €1,955 | €888 | €3,023 | -€18,712 | €134,636 | - |
| Financial income75/76B | - | - | - | - | €515 | - |
| Recurring financial income75 | €15 | - | - | - | €515 | - |
| Financial charges65/66B | - | - | - | - | €1,385 | - |
| Recurring financial charges65 | €66 | €443 | €415 | €409 | €1,385 | ▲ 239% |
| Profit (loss) for the period before taxes9903 | -€2,893 | €446 | €2,608 | -€19,122 | €133,766 | - |
| Profit (loss) for the period9904 | -€2,893 | €446 | €2,608 | -€19,122 | €133,766 | - |
| Profit (loss) for the period to be appropriated9905 | -€2,893 | €446 | €2,608 | -€19,122 | €133,766 | - |
| Line | 2012 | 2013 | 2014 | 2015 | 2016 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €111,658 | €102,230 | €106,091 | €86,654 | €242,093 | ▲ 179% |
| Fixed assets21/28 | €52,603 | €46,838 | €52,240 | €48,132 | €58,873 | ▲ 22.3% |
| Tangible fixed assets22/27 | €52,603 | €46,838 | €52,240 | €48,132 | €52,283 | ▲ 8.6% |
| Furniture and vehicles24 | - | - | - | - | €52,283 | - |
| Financial fixed assets28 | - | - | - | - | €6,590 | - |
| Current assets29/58 | €59,055 | €55,392 | €53,851 | €38,522 | €183,220 | ▲ 376% |
| Stocks and contracts in progress3 | €2,443 | €2,926 | €3,271 | €2,542 | €48,560 | ▲ 19× |
| Stocks30/36 | - | - | - | - | €48,560 | - |
| Amounts receivable within one year40/41 | €3,373 | €3,328 | €12,303 | €13,848 | €56,222 | ▲ 306% |
| Trade receivables40 | - | - | - | - | €49,150 | - |
| Other amounts receivable41 | - | - | - | - | €7,072 | - |
| Cash at bank and in hand54/58 | €2,692 | €7,100 | €8,401 | €1,435 | €78,438 | ▲ 55× |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €111,658 | €102,230 | €106,091 | €86,654 | €242,093 | ▲ 179% |
| Equity10/15 | €100,797 | €101,242 | €103,851 | €84,729 | €206,616 | ▲ 144% |
| Contributions10/11 | €62,000 | €62,000 | €62,000 | €62,000 | €62,000 | = |
| Capital10 | - | - | - | - | €62,000 | - |
| Issued capital100 | - | - | - | - | €62,000 | - |
| Reserves13 | €41,690 | €41,690 | €41,690 | €41,690 | €22,735 | ▼ 45.5% |
| Legal reserve130 | - | - | - | - | €11,885 | - |
| Tax-exempt reserves132 | - | - | - | - | €10,850 | - |
| Profit (loss) carried forward14 | -€2,893 | -€2,448 | €161 | -€18,961 | €121,881 | - |
| Amounts payable17/49 | €10,861 | €988 | €2,240 | €1,925 | €35,477 | ▲ 18× |
| Amounts payable within one year42/48 | €10,861 | €988 | €2,240 | €1,925 | €35,477 | ▲ 18× |
| Trade debts44 | €658 | €144 | €1,519 | €555 | €18,873 | ▲ 34× |
| Suppliers440/4 | - | - | - | - | €18,873 | - |
| Taxes, remuneration and social security45 | - | - | - | - | €16,604 | - |
| Taxes450/3 | - | - | - | - | €16,604 | - |
| Line | 2012 | 2013 | 2014 | 2015 | 2016 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€2,893 | €446 | €2,608 | -€19,122 | €133,766 | - |
| + Depreciation and write-downs630 | €4,149 | €5,765 | €3,669 | €4,107 | €1,842 | ▼ 55.2% |
| Operating cash flow (approximation) | €1,256 | €6,210 | €6,278 | -€15,014 | €135,608 | - |
| Investment in fixed assets (approximation) | - | €0 | -€9,071 | €0 | -€12,583 | - |
| Change in cash | - | €4,409 | €1,300 | -€6,966 | €77,003 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Latest 10 of 23 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2016 | full format | 19-09-2017 | 2017-61800063 | |
| 31-12-2016 | micro format | 03-07-2017 | 2017-24600359 | |
| 31-12-2015 | full format | 26-07-2016 | 2016-36300233 | |
| 31-12-2014 | full format | 14-07-2015 | 2015-31300369 | |
| 31-12-2013 | full format | 22-07-2014 | 2014-33400472 | |
| 31-12-2012 | full format | 30-07-2013 | 2013-37900337 | |
| 31-12-2011 | full format | 11-07-2012 | 2012-28600185 | |
| 31-12-2010 | full format | 21-06-2011 | 2011-18800442 | |
| 31-12-2009 | full format | 09-06-2010 | 2010-16600094 | |
| 31-12-2008 | full format | 14-05-2009 | 2009-14400205 |
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.