Subsidiaries and holdings
- Tipi.be22.21%
E-MERGE GF1
ActiveSummary
E-MERGE GF1 has been active since 2012 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.2m and a net result of €69,908. Equity has been shrinking by about 15% per year since 2018. The computed 12-month bankruptcy probability is below 0.1% (very low).
Overview
Official details
Source: KBO- Status
- Active since 04-07-2012 Normal situation
- Registered office
- 12 active companies are registered at this address Source: KBO register, as of 3 November 2026.
- Activity
- “Prendre des participations dans toutes sociétés et dans toutes entreprises sous forme de participation,apport,souscription,absorption,fusion…” (deed in French)From the articles, 14 activitiesNo NACE code in the KBO yet
- Establishment unit
- 2.210.765.602 1180 Ukkel, since 04-07-2012
- Financial year end
- 31 December
- Peppol
- Reachable since 05-12-2025
Board and ownership
Board
- Gaspard DrionManaging director
- Noémie DrionManaging director
- Laurent DrionDirector · since 13-09-2021
Shareholders
- E - MERGE79.55%· score 92annual accounts 2025
- Holdings
- Shares in 15 companies including AL-Seedcamp-Funds, LLC A-CVE-14-Fund and AngelList-500-Funds, LLC A-HAT-24-Fund
Financial position
- Bankruptcy probabilitywithin 12 months
- < 0.1%
Annual accounts 2025
- Gross margin
- -€20,373
- ▲ 67.3%
- Profit
- €69,908
- ▼ 77.1%
- Equity
- €1.2m
- ▲ 6.1%
- Total assets
- €2.2m
- ▲ 89.6%
Score breakdownraises riskLiquidity: current ratio 0.13, cash €49,093lowers riskSize: total assets €2.2mFigures for financial year 2025 (filed on 09-07-2026)Founded in 2012Show the evidence
Checked score
Score 2025
93
/ 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 48% of small companies without a NACE code
Financial strength · tick: 2024
Average
Solvency
81-19
equity 56.0% of total assets
Liquidity
32-27
short-term debt 44.0% · cash 2.3%
Profitability
46-54
return on assets 3.2%
Bankruptcy probability within 12 months
< 0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.1%
01-2025: 0.1%● unchanged vs 12-2024
02-2025: 0.1%● unchanged vs 01-2025
03-2025: 0.1%● unchanged vs 02-2025
04-2025: 0.1%● unchanged vs 03-2025
05-2025: 0.1%● unchanged vs 04-2025
06-2025: 0.1%● unchanged vs 05-2025
07-2025: 0.1%● unchanged vs 06-2025highest value
08-2025: < 0.1%▼ -0.1 percentage points vs 07-2025lowest value
09-2025: < 0.1%● unchanged vs 08-2025lowest value
10-2025: < 0.1%● unchanged vs 09-2025lowest value
11-2025: < 0.1%● unchanged vs 10-2025lowest value
12-2025: < 0.1%● unchanged vs 11-2025lowest value
01-2026: < 0.1%● unchanged vs 12-2025
02-2026: < 0.1%● unchanged vs 01-2026
03-2026: < 0.1%● unchanged vs 02-2026
04-2026: < 0.1%● unchanged vs 03-2026
05-2026: < 0.1%● unchanged vs 04-2026
06-2026: < 0.1%● unchanged vs 05-2026
07-2026: < 0.1%● unchanged vs 06-2026
08-2026: < 0.1%● unchanged vs 07-2026
09-2026: < 0.1%● unchanged vs 08-2026
10-2026: < 0.1%● unchanged vs 09-2026
11-2026: < 0.1%● unchanged vs 10-2026
Credit of up to €110,000 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.13, below 1. Short-term debt is 44% and cash 2.3% of total assets. 44% of the assets are financed with debt and provisions.
Calculation
The band follows from the bankruptcy probability. 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 (no NACE code, small). It does better than 51% of them on solvency, 20% on liquidity, 51% on profitability and 70% on growth.
The bankruptcy probability was computed on 03-11-2026 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. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
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Signals
Five signals.
lowers riskraises riskneutral
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 09-07-2026, 22 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
22 days early
2024
13 days early
2023
25 days late
2022
31 days late
2021
24 days early
2020
4 days early
2019
15 days early
← before the deadline
after the deadline →
tick = median of all Belgian filings
The company filed its last 7 accounts on average 3 days before the deadline. The Belgian median for financial year 2024 was 4 days before the deadline, and 38% of all filings were late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 18 July (4 of the last 5 accounts filed within 39 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
03-11-2026 today31-12-2026 year end31-07-2027 deadline
Key points
Recent changes
- · Gazette deed Resignations: Patrice Decafmeyer (daily management delegate and director) and Gregory Hédo (daily management delegate and director)
- · Gazette deed 4 directors appointed, 2 directors resigning, 2 reappointedResignations: Patrice Decafmeyer (managing director) and Gregory Hédo (managing director) · Appointments: Noémie Drion (director) and Gaspard Drion (director) · Reappointments: Laurent Drion (director) and Muriel Alhadeff (director)
- · Gazette deed Capital decrease of €500,000 to €2,850,000
Companies linked to E-MERGE GF1
Key facts about E-MERGE GF1
- What is the company number of E-MERGE GF1?
- The company number of E-MERGE GF1 is 0847.123.269. The VAT number is the same number with BE in front: BE 0847.123.269.
- Where is E-MERGE GF1 based?
- The registered office is at Van Beverlaan 4, 1180 Ukkel.Company details
- What is the legal form of E-MERGE GF1?
- The legal form of E-MERGE GF1 is Public limited company (NV).
- When was E-MERGE GF1 founded?
- E-MERGE GF1 was founded on 04-07-2012.
- Is E-MERGE GF1 still active?
- Yes, E-MERGE GF1 is an active enterprise in the KBO register.
- What is the turnover of E-MERGE GF1?
- The annual accounts for financial year 2025 state no turnover.Financials
- Is E-MERGE GF1 profitable?
- In financial year 2025, E-MERGE GF1 made a profit of €69,908.
- Where can I find the annual accounts of E-MERGE GF1?
- E-MERGE GF1 filed 13 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of E-MERGE GF1 due?
- E-MERGE GF1 must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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