Summary
E Management is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €481,268 and a net result of €44,483. Equity is growing by ~23.1% per year across the filed fiscal years. Its solvency ranks better than 53% of 5585 sector peers (fiscal year 2025). The company has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The Checked score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
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Signals
1 signal. The signal on the left, the evidence on the right.
○neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-07-2026, 1 day ahead of the deadline.
NBB · 9 filingsDeviation from the deadline
2025
1 d early
2024
9 d early
2023
on the day
2022
26 d early
2021
30 d early
2020
22 d early
2019
19 d 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 15 days before the deadline; the sector median for financial year 2024 is 14 days before the deadline, and 28% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 22 July (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
29-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, abbreviated schema
Equity
€481,268▲ 10.2%
2024 · €436,785
Net result
€44,483▼ 37.6%
2024 · €71,230
Total assets
€885,393▲ 1.7%
2024 · €870,607
Solvency
54.4%▲ 4.2pp
2024 · 50.2%
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 64, Financial service activities, except insurance and pension funding, 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
Line20212022202320242025
Operating result€81,203▲ 6.2%€79,501▼ 2.1%€91,146▲ 14.6%€55,738▼ 38.8%€68,734▲ 23.3%
Net result€47,461within the sector's middle half▲ 5.8%€44,166within the sector's middle half▼ 6.9%€75,941within the sector's middle half▲ 71.9%€71,230within the sector's middle half▼ 6.2%€44,483within the sector's middle half▼ 37.6%
Equity€245,447within the sector's middle half▲ 24.0%€289,614within the sector's middle half▲ 18.0%€365,555within the sector's middle half▲ 26.2%€436,785above the sector's middle half▲ 19.5%€481,268within the sector's middle half▲ 10.2%
Total assets€671,249within the sector's middle half▲ 5.6%€805,545within the sector's middle half▲ 20.0%€821,655within the sector's middle half▲ 2.0%€870,607within the sector's middle half▲ 6.0%€885,393within the sector's middle half▲ 1.7%
Debt€425,802▼ 2.8%€515,932▲ 21.2%€456,100▼ 11.6%€433,822▼ 4.9%€404,126▼ 6.8%
Working capital-€105,759within the sector's middle half▼ 18.7%-€150,429below the sector's middle half▼ 42.2%-€129,877within the sector's middle half▲ 13.7%-€184,963below the sector's middle half▼ 42.4%-€91,294within the sector's middle half▲ 50.6%
Solvency36.6%within the sector's middle half▲ 5.4pp36.0%within the sector's middle half▼ 0.6pp44.5%within the sector's middle half▲ 8.5pp50.2%within the sector's middle half▲ 5.7pp54.4%within the sector's middle half▲ 4.2pp
Current ratio0.63within the sector's middle half▼ 0.020.52below the sector's middle half▼ 0.110.54within the sector's middle half▲ 0.020.53below the sector's middle half▼ 0.010.67within the sector's middle half▲ 0.15
Return on assets (ROA)7.1%within the sector's middle half=5.5%within the sector's middle half▼ 1.6pp9.2%within the sector's middle half▲ 3.8pp8.2%within the sector's middle half▼ 1.1pp5.0%within the sector's middle half▼ 3.2pp
above
within
below
the middle half (P25 to P75) of NACE 64, Financial service activities, except insurance and pension funding, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 23% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €885,393
Fixed assets
€698,118 ▲ 4.9%
Current assets
€187,275 ▼ 8.7%
Equity and liabilities €885,393
Equity
€481,268 ▲ 10.2%
Debt
€404,126 ▼ 6.8%
Debt's share of the balance-sheet total falls from 49.8% to 45.6%. Equity is higher and debt is lower.
Key figures and ratios
ROE
9.2%▼
2024 · 16.3%
Debt ≤ 1 year
€278,569▼
2024 · €390,088
Debt > 1 year
€125,557▲
2024 · €43,734
Income taxes
€22,930▲
2024 · €21,603
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2,844 | €4,363 | €3,941 | €6,420 | €9,828 | ▲ 53.1% |
| Other operating charges640/8 | €101 | €102 | €109 | €200 | €850 | ▲ 325% |
| Gross operating margin9900 | €84,148 | €83,967 | €95,197 | €62,358 | €79,412 | ▲ 27.3% |
| Operating profit (loss)9901 | €81,203 | €79,501 | €91,146 | €55,738 | €68,734 | ▲ 23.3% |
| Financial income75/76B | - | €9 | €24,933 | €41,513 | €3,230 | ▼ 92.2% |
| Recurring financial income75 | - | €9 | €24,933 | €41,513 | €3,230 | ▼ 92.2% |
| Financial charges65/66B | €9,500 | €11,273 | €10,757 | €4,418 | €4,551 | ▲ 3.0% |
| Recurring financial charges65 | €9,500 | €11,273 | €10,757 | €4,418 | €4,551 | ▲ 3.0% |
| Profit (loss) for the period before taxes9903 | €71,703 | €68,237 | €105,323 | €92,833 | €67,412 | ▼ 27.4% |
| Income taxes67/77 | €24,243 | €24,071 | €29,381 | €21,603 | €22,930 | ▲ 6.1% |
| Profit (loss) for the period9904 | €47,461 | €44,166 | €75,941 | €71,230 | €44,483 | ▼ 37.6% |
| Profit (loss) for the period to be appropriated9905 | €47,461 | €44,166 | €75,941 | €71,230 | €44,483 | ▼ 37.6% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €671,249 | €805,545 | €821,655 | €870,607 | €885,393 | ▲ 1.7% |
| Fixed assets21/28 | €489,206 | €643,843 | €671,902 | €665,482 | €698,118 | ▲ 4.9% |
| Tangible fixed assets22/27 | €22,726 | €27,363 | €55,422 | €49,002 | €81,638 | ▲ 66.6% |
| Plant, machinery and equipment23 | €21,541 | €19,221 | €16,901 | €14,581 | €12,261 | ▼ 15.9% |
| Furniture and vehicles24 | €1,185 | €0 | - | - | €11,606 | - |
| Other tangible fixed assets26 | - | €8,142 | €38,521 | €34,421 | €57,771 | ▲ 67.8% |
| Financial fixed assets28 | €466,480 | €616,480 | €616,480 | €616,480 | €616,480 | = |
| Current assets29/58 | €182,043 | €161,702 | €149,754 | €205,125 | €187,275 | ▼ 8.7% |
| Amounts receivable within one year40/41 | €171,560 | €120,482 | €148,917 | €189,230 | €172,583 | ▼ 8.8% |
| Trade receivables40 | €69,575 | €21,962 | €50,397 | €90,710 | €10,850 | ▼ 88.0% |
| Other amounts receivable41 | €101,985 | €98,520 | €98,520 | €98,520 | €161,733 | ▲ 64.2% |
| Cash at bank and in hand54/58 | €10,483 | €41,221 | €837 | €15,895 | €14,692 | ▼ 7.6% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €671,249 | €805,545 | €821,655 | €870,607 | €885,393 | ▲ 1.7% |
| Equity10/15 | €245,447 | €289,614 | €365,555 | €436,785 | €481,268 | ▲ 10.2% |
| Contributions10/11 | €20,000 | €20,000 | €20,000 | €20,000 | €20,000 | = |
| Reserves13 | €225,447 | €269,614 | €345,555 | €416,785 | €461,268 | ▲ 10.7% |
| Non-distributable reserves130/1 | €2,000 | €2,000 | €2,000 | €2,000 | €2,000 | = |
| Reserves not available under the articles1311 | €2,000 | €2,000 | €2,000 | €2,000 | €2,000 | = |
| Distributable reserves133 | €223,447 | €267,614 | €343,555 | €414,785 | €459,268 | ▲ 10.7% |
| Amounts payable17/49 | €425,802 | €515,932 | €456,100 | €433,822 | €404,126 | ▼ 6.8% |
| Amounts payable after more than one year17 | €138,000 | €203,801 | €174,009 | €43,734 | €125,557 | ▲ 187% |
| Financial debts170/4 | €138,000 | €203,801 | €174,009 | €43,734 | €125,557 | ▲ 187% |
| Amounts payable within one year42/48 | €287,802 | €312,131 | €279,630 | €390,088 | €278,569 | ▼ 28.6% |
| Current portion of amounts payable after more than one year42 | €38,000 | €67,315 | €29,792 | €30,275 | €58,991 | ▲ 94.8% |
| Trade debts44 | €609 | €262 | €1,750 | €3,046 | €4,475 | ▲ 46.9% |
| Suppliers440/4 | €609 | €262 | €1,750 | €3,046 | €4,475 | ▲ 46.9% |
| Taxes, remuneration and social security45 | €38,644 | €38,779 | €44,297 | €51,400 | €59,291 | ▲ 15.4% |
| Taxes450/3 | €38,644 | €38,779 | €44,297 | €51,400 | €59,291 | ▲ 15.4% |
| Other amounts payable47/48 | €210,549 | €205,775 | €203,792 | €305,367 | €155,811 | ▼ 49.0% |
| Accrued charges and deferred income492/3 | €0 | - | €2,461 | €0 | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €47,461 | €44,166 | €75,941 | €71,230 | €44,483 | ▼ 37.6% |
| + Depreciation and write-downs630 | €2,844 | €4,363 | €3,941 | €6,420 | €9,828 | ▲ 53.1% |
| Operating cash flow (approximation) | €50,305 | €48,530 | €79,882 | €77,650 | €54,311 | ▼ 30.1% |
| Investment in fixed assets (approximation) | - | -€159,000 | -€32,000 | €0 | -€42,465 | - |
| Change in cash | - | €30,738 | -€40,384 | €15,058 | -€1,204 | ▼ 108% |
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
Next filing, fiscal year 2026, expected by
2026
30-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
22-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Highest result since 2018net €75,941 ▲71.9%
Operating result €91,146, net result €75,941, both a record.
05-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
01-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Equity above €200,000Eq €245,447 ▲24%
4 profitable years in a row build equity to €245,447.
09-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
12-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Weakest financial yearnet €42,778 ▼3.8%
Net result drops to €42,778, the lowest in the series; recovery starts the following year.
31-12
Financial
Equity above €150,000Eq €153,139 ▲38.8%
2 profitable years in a row build equity to €153,139.
26-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
23-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has 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 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Geel · 1 establishment unit since 2016
Ground area
3,689 m²
Building footprint
549 m²
Volume, LiDAR
857 m³
2 parcels, Flanders · tallest building 4.6 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
E Management
since 20162.258.683.602
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13016B0001/00Z006 | Flanders | 3,358 m² | 1 · 218 m² | 4.6 m · 1 fl. |
| 13374E1018/00S000 | Flanders | 331 m² | 1 · 331 m² | - |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Owners and holdings
2 holdingsOwners 0
The accounts to 31-12-2025 list no shareholders, and no other source names one.
Holdings 2
-
38.8%
-
24.93%
According to the 2025 annual accounts of E Management and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
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Of 24,729 companies in sector 64210 we hold annual accounts for 19,800. 13,636 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
Founded28-09-2016
Fiscal year end31-12
Activities, NACEBEL 2025
64210Activities of holding companies
66210Risk and damage evaluation
E-invoicing
Reachable via Peppol
Peppol ID
0208:0663555026
Registered
02-12-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.