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E.M.K.B.

Active
Private limited companyfounded 2003active for 23 yearsRue Reine Astrid(N) 88, 7730 Estaimpuis, BelgiumKBO/BCE: BE 0480.251.651
Summary

E.M.K.B. has been active since 2003 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€24.4m) and a net result of €1.3m. Equity is shrinking by about 5.8% per year across the filed financial years. Its solvency ranks better than 5% of 6,075 sector peers (NACE 46, financial year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).

Overview

Activity
Agents specialised in the wholesale of other particular products
NACE 46180
1 site
Size
€1.2mtotal assets 2025
Equity
-€24.4m
Profit
€1.3m
Financial health
55 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
0.4%
Structure
Holdings
3
Accounts 16 days early0 of 4 deeds read
Why 55raises riskCapped at 59: negative equityNegative equity -€24.4mSector: Wholesale trade (NACE 46)lowers riskSize: total assets €1.2mFounded in 2003Show the evidence

Checked score

Score 2025
55 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 43% of its sector peers (NACE 46, micro)
Negative equity caps the score at 59. Every signal that counts is listed under Signals.
Financial strength · tick = 2024
Weak
Solvency 0=
equity -2055.5% of total assets
Liquidity 14-3
short-term debt 2150.9% · cash 11.0%
Profitability 100+100
return on assets 111.5%
Bankruptcy probability, 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%

About 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.4% (26,872 companies, NACE 46, micro)
Last 24 months 11-2024: 0.7% 12-2024: 0.7%● unchanged vs 11-2024 01-2025: 1.7%▲ +1.0 percentage point vs 12-2024highest value 02-2025: 1.7%● unchanged vs 01-2025highest value 03-2025: 1.7%● unchanged vs 02-2025highest value 04-2025: 1.7%● unchanged vs 03-2025highest value 05-2025: 1.7%● unchanged vs 04-2025highest value 06-2025: 1.7%● unchanged vs 05-2025highest value 07-2025: 1.7%● unchanged vs 06-2025highest value 08-2025: 1.7%● unchanged vs 07-2025highest value 09-2025: 1.6%▼ -0.1 percentage points vs 08-2025 10-2025: 1.6%● unchanged vs 09-2025 11-2025: 1.6%● unchanged vs 10-2025 12-2025: 1.5%▼ -0.1 percentage points vs 11-2025 01-2026: 1.6%▲ +0.1 percentage points vs 12-2025 02-2026: 0.4%▼ -1.2 percentage points vs 01-2026lowest value 03-2026: 0.4%● unchanged vs 02-2026lowest value 04-2026: 0.4%● unchanged vs 03-2026lowest value 05-2026: 0.4%● unchanged vs 04-2026lowest value 06-2026: 0.4%● unchanged vs 05-2026lowest value 07-2026: 0.4%● unchanged vs 06-2026lowest value 08-2026: 0.4%● unchanged vs 07-2026 09-2026: 0.4%● unchanged vs 08-2026 10-2026: 0.4%● unchanged vs 09-2026
No credit on open account
Liquidity insufficient (current ratio 0.04, compared with 0.03 in 2024, below 1; cash: 11% of total assets), and equity is negative.
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 46, micro): better than 6% on solvency, 14% on liquidity, 95% on profitability and 55% on growth.

The bankruptcy probability was computed on 16-10-2026 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 · Negative equity -€24.4m
NBB · annual accounts
lowers risk · Size: total assets €1.2m
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · Sector: Wholesale trade (NACE 46)
KBO
lowers risk · Founded in 2003
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 5% of 6075 sector peers (2025).
NBB · sector comparison
Position among 6075 sector peers
Solvency
better than 5%
← weakest strongest →
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 15-01-2026, 16 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
16 days early
2024
50 days early
2023
42 days early
2022
47 days early
2021
4 days early
2020
3 days early
2019
8 days early
← 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 24 days before the deadline; the sector median (NACE 46) 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 financial year that closed on 30-06-2026 is due by 31-01-2027. Nothing is late today. The company usually files around 20 December (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
30-06-2026 year end17-10-2026 today31-01-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · full…
  2. Back to profitnet €1.3m
  3. Annual accounts filedfinancial year 2024 · full…

Key points

  • Risk: Negative equityfinancial year 2025: debts exceed assets -€24.4m View
  • Caution: Among the weakest 5% on solvencysector median 45.5% · 6,075 companies -2055.5% View
  • Positive: Back in profit in 2025after -€22.2m in 2024 €1.3m View
  • Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View

By topic

Financials

Financial year
2025
Total assets
€1.2m
Profit
€1.3m
Solvency
-2055.5%
Total assets▲ 43.5%
Net result
20192025
Go to Financials

Timeline

Events
23
Since
2005
Next accounts
by 31-01-2027
  1. 30-06-2024Weakest financial year
  2. 20-12-2023Annual accounts filed
  3. 15-12-2022Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Agents specialised in the wholesale of other particular…NACE 46180
Founded
19-05-2003
Year ends
30-06
Peppol
Reachable for e-invoices
Go to Company details

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