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EARNIELAND

Active
Public limited companyfounded 199035 yrs activeVaartdijkstraat 19, 8200 Brugge, BelgiumKBO/BCE: BE 0441.724.340
Summary

EARNIELAND has been active since 1990 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€302,319) and a net result of -€62,715. Equity is shrinking by ~43.6% per year across the filed fiscal years. Its solvency ranks better than 5% of 13501 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.0% (low).

Overview

Activity
Agents specialised in the wholesale of other particular products
NACE 46180
1 site
Size
€78,609total assets 2025
Equity
-€302,319
Loss
-€62,715
Turnover not published (abridged schema)
Financial health
53 Fair Checked score 2025
Bankruptcy chance 12 m
1.0%
Structure
Parent
Emloda Assets · 100%
Board
2 members
Accounts 13 d early1 of 14 deeds read
Why 53Capped at 59: negative equity- Loss of €62,715, the second in a row (FY 2025)- Negative equity -€302,319+ Size: total assets €78,609+ Founded in 1990Show the evidence

Checked score

Score 2025
53 / 100
Fair
Probability in this band: 1.5% to 4.2%
Better than 14% of its sector peers (NACE 46, micro)
Performance against the sector, not lower risk
Negative equity caps the score at 59. Every signal that weighs is under Signals.
Financial strength · tick = 2024
Weak
Solvency 0=
equity -384.6% of total assets
Liquidity 22+21
short-term debt 479.6% · cash 17.6%
Profitability 5+3
return on assets -79.8%
Bankruptcy probability, 12 months
1.0% Low
0%0.5%1.5%4%10%≥ 25%

About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.4% (26,865 companies)
Last 24 months 11-2024: 1.6% 12-2024: 1.4%▼ -11.3% vs 11-2024 01-2025: 1.4%● 0.0% vs 12-2024 02-2025: 1.6%▲ +12.9% vs 01-2025 03-2025: 1.7%▲ +9.1% vs 02-2025highest value 04-2025: 1.0%▼ -39.4% vs 03-2025 05-2025: 1.0%● 0.0% vs 04-2025 06-2025: 1.0%● 0.0% vs 05-2025 07-2025: 1.0%● 0.0% vs 06-2025 08-2025: 1.0%● 0.0% vs 07-2025 09-2025: 1.0%▼ -1.0% vs 08-2025 10-2025: 1.0%● 0.0% vs 09-2025 11-2025: 1.0%▼ -1.6% vs 10-2025 12-2025: 1.0%● 0.0% vs 11-2025 01-2026: 1.0%● 0.0% vs 12-2025 02-2026: 1.1%▲ +9.7% vs 01-2026 03-2026: 1.2%▲ +9.4% vs 02-2026 04-2026: 1.0%▼ -16.8% vs 03-2026 05-2026: 1.0%● 0.0% vs 04-2026 06-2026: 1.0%● 0.0% vs 05-2026 07-2026: 1.0%● 0.0% vs 06-2026 08-2026: 1.0%● 0.0% vs 07-2026 09-2026: 1.0%▼ -1.0% vs 08-2026lowest value 10-2026: 1.0%● 0.0% vs 09-2026lowest value
  • Size: total assets €78,609 lowers the probability for this profile
  • Loss of €62,715, the second in a row (FY 2025) raises the probability
  • Negative equity -€302,319 raises the probability
  • Founded in 1990 lowers the probability for this profile
No credit on open account
Liquidity short (current ratio 0.07 against 0.1 in 2024; short-term debt: 479.6% and cash: 17.6% of total assets), and equity is negative.
How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

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%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 46, micro). Better than this share of them on solvency 6%, liquidity 20%, profitability 14%, growth against the median 16%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 04-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

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Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Size: total assets €78,609
In the bankruptcy model this factor lowers the probability for this profile.
NBB · annual accounts
raises risk · Loss of €62,715, the second in a row (FY 2025)
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
raises risk · Negative equity -€302,319
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
lowers risk · Founded in 1990
In the bankruptcy model this factor lowers the probability for this profile.
KBO
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
192022232425
2019 to 2025 · latest year -€302,319
neutral · Latest accounts filed on time
The financial year that closed on 31-08-2025 was due by 31-03-2026 and was filed on 18-03-2026, 13 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
13 d early
2024
26 d early
2023
19 d early
2022
14 d early
2020
on the day
2019
12 d late
2018
41 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 14 days before the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-08-2026 and is due by 31-03-2027. Nothing is late today. Usually files around 15 March (4 of the last 4 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
31-08-2026 close05-10-2026 today31-03-2027 deadline
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
  1. Resignations: EMLODA, Clybouw Bert and Dacquin…Appointments: EMLODA, Clybouw Bert and…
  2. Annual accounts filedfiscal year 2025 · micro…
  3. Annual accounts filedfiscal year 2024 · micro…

Key points

  • Risk: Negative equityfiscal year 2025: debts exceed assets -€302,319 View
  • Risk: 5 loss-making years in a rowloss fiscal year 2025 -€62,715 View
  • Caution: Among the weakest 5% on solvencysector median 41.5% · 13,501 companies -384.6% View
  • Caution: Board changedlatest change 29-06-2026 · 2 in office 2 joined · 2 left View
  • Controlled by Emloda Assets 100% View
  • Caution: Equity fell in 2025from -€239,604 to -€302,319 ▼ 26.2% View
  • Positive: Always filed on timeaccounts within the deadline every year 5 years View

By topic

Financials

Fiscal year
2025
Total assets
€78,609
Loss
-€62,715
Solvency
-384.6%
Total assets▼ 43.4%
Net result
20192025
Go to Financials

Timeline

Events
12
Since
2016
Next accounts
by 31-03-2027
  1. 29-06-2026Resignations: EMLODA, Clybouw Bert and Dacquin Louis
  2. 18-03-2026Annual accounts filed
  3. 05-03-2025Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Agents specialised in the wholesale of other particular…NACE 46180
Founded
16-10-1990
Year ends
31-08
Peppol
Not found in the Peppol directory
Go to Company details

Articles of association

Provisions read
29
Financial year
From 1 January to 31 December
Annual meeting
Last Friday of June at 11:00
Purpose
Het verwerven van participaties in eender welke vorm in alle bestaande of op te richten…
Go to Articles of association

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