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E&M GROUP

Bankruptcy
Private limited companyfounded 2019de Mérodestraat 316, 1190 Vorst, BelgiumKBO/BCE: BE 0728.901.946
Summary

The KBO register records for E&M GROUP the legal situation: open bankruptcy; this is today's state according to the register itself, which carries no start date. The 2021 annual accounts show equity of €585,447 and a net result of €317,449.

Are you a creditor?

Open bankruptcy Source: KBO register

The KBO register records a bankruptcy for this company. If it owes you money, you are not paid automatically: you file your claim yourself.

The procedure

The publication of the judgment is not in our data. Court, date and curator are in RegSol: search by the enterprise number.

What to do now

  1. Do not deliver on credit any more without an agreement with the curator.
  2. Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
  3. File your proof of claim in RegSol (regsol.be), yourself with eID or itsme, or through your lawyer. State principal, interest and costs separately, and any preferential right you hold.
  4. Delivered under retention of title? Reclaim your goods before the first report on the verification of claims.
  5. Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered under conditions.
  6. Follow the file in RegSol: the verification report (admitted or disputed) and the curator's reports appear there.

Deadlines: the judgment sets the last day to file your claim, by law at most thirty days after the judgment, and the day of the first verification report. Both dates are in the publication in the Official Gazette and in RegSol; Checked does not read them yet. A late claim is sometimes still possible, but not without consequences.

File a claim in RegSol ↗ Watch Follow this bankruptcy: you are alerted when it is closed or reversed.

General information, not legal advice. If in doubt, the curator, your lawyer or your accountant can help.Creditor guide for this company

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Signals

1 signal.
+raises risk
raises risk · Register: open bankruptcy
The KBO register records the legal situation: open bankruptcy. This is today's state according to the register itself; the register carries no start date.
KBO · legal situation
Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 26 June 2019, E&M GROUP was incorporated as a Private limited company.1 The company has filed 2 sets of annual accounts, the latest for fiscal year 2021.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2021

Go further with this company

Investigating this company? Keep it with today's facts in a case file.

Financials · fiscal year 2021, full schema

Turnover
€1.2m
EBIT margin
26.8%
Net result
€317,449▲ 23.8%
2020 · €256,428
Working capital
€413,349▲ 200%
2020 · €137,984
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 56, Food and beverage service activities, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20202021
Turnover€1.2m
Operating result€328,292-€319,124▼ 2.8%
Net result€256,428above the sector's middle half-€317,449above the sector's middle half▲ 23.8%
EBIT margin26.8%
Equity€268,371above the sector's middle half-€585,447above the sector's middle half▲ 118%
Total assets€465,812above the sector's middle half-€675,340above the sector's middle half▲ 45.0%
Debt€197,441-€89,893▼ 54.5%
Working capital€137,984above the sector's middle half-€413,349above the sector's middle half▲ 200%
Solvency57.6%above the sector's middle half-86.7%above the sector's middle half▲ 29.1pp
Current ratio1.70within the sector's middle half-5.60above the sector's middle half▲ 3.90
Return on assets (ROA)55.0%above the sector's middle half-47.0%above the sector's middle half▼ 8.0pp
Staff (FTE)2.5within the sector's middle half-4.8within the sector's middle half▲ 92.0%
above within below the middle half (P25 to P75) of NACE 56, Food and beverage service activities, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
€0€100,000€200,000€300,000Operating result 2020: €328,292€328,292Net result 2020: €256,428€256,428Operating result 2021: €319,124€319,124Net result 2021: €317,449€317,44920202021€0€100,000€200,000€300,000Operating result 2020: €328,292€328,000Net result 2020: €256,428€256,000Operating result 2021: €319,124€319,000Net result 2021: €317,449€317,00020202021
The operating result falls in 2021; 2021 is 3% below 2020.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €675,340
Fixed assets €172,098 ▲ 32.0%
Current assets €503,242 ▲ 50.0%
Equity and liabilities €675,340
Equity €585,447 ▲ 118%
Debt €89,893 ▼ 54.5%
Debt's share of the balance-sheet total falls from 42.4% to 13.3%. Equity is higher and debt is lower.
Key figures and ratios
2021 value · change against 2020
EBITDA
€345,371▼
2020 · €353,624
Cash flow
€343,696▲
2020 · €281,760
Quick ratio
5.57▲
2020 · 1.68
Debt to equity
0.15
ROE
54.2%▼
2020 · 95.5%
Interest coverage
206.09
Debt ≤ 1 year
€89,893▼
2020 · €197,441
Staff costs
€85,493
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2021 against 2020 · 57 lines
Balance sheet Code20202021
Assets
Total assets20/58€465,812€675,340▲
Fixed assets21/28€130,387€172,098▲
Intangible fixed assets21€36,648€31,760▼
Tangible fixed assets22/27€85,939€132,538▲
Land and buildings22-€89,087
Furniture and vehicles24-€32,587
Other tangible fixed assets26-€10,864
Financial fixed assets28€7,800€7,800=
Current assets29/58€335,425€503,242▲
Stocks and contracts in progress3€2,945€2,945=
Stocks30/36-€2,945
Amounts receivable within one year40/41€147,377€342,897▲
Trade receivables40-€14,233
Other amounts receivable41-€328,664
Current investments50/53-€149,000
Cash at bank and in hand54/58€185,031€7,810▼
Deferred charges and accrued income490/1-€589
Equity and liabilities
Total equity and liabilities10/49€465,812€675,340▲
Equity10/15€268,371€585,447▲
Contributions10/11€18,550€18,178▼
Capital10-€18,178
Issued capital100-€18,178
Reserves13-€317,449
Non-distributable reserves130/1-€1,818
Legal reserve130-€1,818
Distributable reserves133-€315,631
Profit (loss) carried forward14€249,821€249,821=
Amounts payable17/49€197,441€89,893▼
Amounts payable within one year42/48€197,441€89,893▼
Trade debts44€78,056€12,054▼
Suppliers440/4-€12,054
Taxes, remuneration and social security45-€76,555
Taxes450/3-€75,316
Remuneration and social security454/9-€1,239
Other amounts payable47/48-€1,284
Income statement Code20202021
Turnover70-€1.2m
Non-recurring operating income76A-€1,307
Goods, raw materials, services and sundry goods60/61-€773,991
Remuneration, social security and pensions62-€85,493
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€25,332€26,248▲
Other operating charges640/8-€4,715
Gross operating margin9900€398,873€435,579▲
Operating profit (loss)9901€328,292€319,124▼
Financial income75/76B-€1
Recurring financial income75€75€1▼
Financial charges65/66B-€1,676
Recurring financial charges65€1,641€1,676▲
Profit (loss) for the period before taxes9903€326,726€317,449▼
Income taxes67/77€70,298-
Profit (loss) for the period9904€256,428€317,449▲
Profit (loss) for the period to be appropriated9905€256,428€317,449▲
Appropriation of the result
Profit (loss) to be appropriated9906-€567,270
Profit (loss) brought forward from the previous period14P-€249,821
Transfer to equity691/2-€317,449
To the legal reserve6920-€1,818
To other reserves6921-€315,631
Return on contributions (dividend)694€6,607-

The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20202021Change
Turnover70-€1.2m-
Non-recurring operating income76A-€1,307-
Goods, raw materials, services and sundry goods60/61-€773,991-
Remuneration, social security and pensions62-€85,493-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€25,332€26,248▲ 3.6%
Other operating charges640/8-€4,715-
Gross operating margin9900€398,873€435,579▲ 9.2%
Operating profit (loss)9901€328,292€319,124▼ 2.8%
Financial income75/76B-€1-
Recurring financial income75€75€1▼ 98.7%
Financial charges65/66B-€1,676-
Recurring financial charges65€1,641€1,676▲ 2.1%
Profit (loss) for the period before taxes9903€326,726€317,449▼ 2.8%
Income taxes67/77€70,298--
Profit (loss) for the period9904€256,428€317,449▲ 23.8%
Profit (loss) for the period to be appropriated9905€256,428€317,449▲ 23.8%
Line20202021Change
Assets
Total assets20/58€465,812€675,340▲ 45.0%
Fixed assets21/28€130,387€172,098▲ 32.0%
Intangible fixed assets21€36,648€31,760▼ 13.3%
Tangible fixed assets22/27€85,939€132,538▲ 54.2%
Land and buildings22-€89,087-
Furniture and vehicles24-€32,587-
Other tangible fixed assets26-€10,864-
Financial fixed assets28€7,800€7,800=
Current assets29/58€335,425€503,242▲ 50.0%
Stocks and contracts in progress3€2,945€2,945=
Stocks30/36-€2,945-
Amounts receivable within one year40/41€147,377€342,897▲ 133%
Trade receivables40-€14,233-
Other amounts receivable41-€328,664-
Current investments50/53-€149,000-
Cash at bank and in hand54/58€185,031€7,810▼ 95.8%
Deferred charges and accrued income490/1-€589-
Equity and liabilities
Total equity and liabilities10/49€465,812€675,340▲ 45.0%
Equity10/15€268,371€585,447▲ 118%
Contributions10/11€18,550€18,178▼ 2.0%
Capital10-€18,178-
Issued capital100-€18,178-
Reserves13-€317,449-
Non-distributable reserves130/1-€1,818-
Legal reserve130-€1,818-
Distributable reserves133-€315,631-
Profit (loss) carried forward14€249,821€249,821=
Amounts payable17/49€197,441€89,893▼ 54.5%
Amounts payable within one year42/48€197,441€89,893▼ 54.5%
Trade debts44€78,056€12,054▼ 84.6%
Suppliers440/4-€12,054-
Taxes, remuneration and social security45-€76,555-
Taxes450/3-€75,316-
Remuneration and social security454/9-€1,239-
Other amounts payable47/48-€1,284-
Line20202021Change
Profit (loss) for the period9904€256,428€317,449▲ 23.8%
+ Depreciation and write-downs630€25,332€26,248▲ 3.6%
Operating cash flow (approximation)€281,760€343,696▲ 22.0%
Investment in fixed assets (approximation)--€67,959-
Change in cash--€177,221-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2022
30-11
NBB filing Annual accounts filed
fiscal year 2021 · full schema · 122 days late
2021
31-12
Financial Liquidity triplescurrent ratio 5.60
Current ratio from 1.70 to 5.60; short-term debt falls from €197,441 to €89,893.
31-12
Financial Equity above €500,000Eq €585,447 ▲118%
2 profitable years in a row build equity to €585,447.
28-10
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 89 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts

We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
5 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Vorst · 1 establishment unit since 2019
seat establishment The establishment unit on the map
Ground area
167 m²
Building footprint
150 m²
Volume, LiDAR
2,805 m³
Parcel 21007A0021/00G003, Brussels · tallest building 24.1 m, ±7 floors. Linked by address, not a title deed.
4 companies at this address See who is registered here
1 establishment unit
E&M GROUP
de Mérodestraat 316, 1190 VorstLimited-service restaurants, excluding mobile food services
since 20192.290.814.752
1 parcel
Brussels 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21007A0021/00G003 Brussels 167 m² 1 · 150 m² 24.1 m · 7 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.

Similar companies · same sector, comparable size

Of 21,853 companies in sector 56112 we hold annual accounts for 9,781. 4,036 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
Founded26-06-2019
Fiscal year end31-12
Activities, NACEBEL 2025
56112Limited-service restaurants, excluding mobile food services
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

Register as of 30 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.