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ELECTRO MECHANICAL DESIGN

Active
Private limited companyfounded 199135 yrs activeKleine Korteberg(PEL) 28-A, 3212 Lubbeek, BelgiumKBO/BCE: BE 0444.815.670
Summary

ELECTRO MECHANICAL DESIGN has been active since 1991 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €314,187 and a net result of €10,844. Equity remains stable across the filed fiscal years (±2.1% per year). Its solvency ranks better than 73% of 398 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

Checked score

Score 2025
Axes · tick = 2024
Profitability22▼-50
Solvency99=
Growth32=
Track record100
Bankruptcy probability, 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €21,000 at 30 days acceptable
Liquidity ample (current ratio 2.89 against 2.93 in 2024; short-term debt: 26.3% and cash: 17.7% of total assets), and 26.3% of the assets are financed with debt.
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Signals

Four signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 35 years 0 40 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
73.7%
Return on assets
2.5%
Age of the figures
15 mo
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025
Equity per financial year
19202122232425
2019 to 2025 · latest year €314,187
neutral · A punctual record breaks
This company filed 9 consecutive financial years on time. The year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 16-02-2026, 16 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filings
Deviation from the deadline
2025
16 d late
2024
10 d early
2023
2 d early
2022
22 d early
2021
on the day
2020
2 d early
2019
7 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 4 days before the deadline; the sector median for financial year 2024 is 11 days before the deadline, and 32% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today. Usually files around 29 January (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
30-06-2026 close28-09-2026 today31-01-2027 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

History

ELECTRO MECHANICAL DESIGN was incorporated on 30 July 1991.1 Total assets fell from EUR 606,165 in 2019 to EUR 426,306 in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2019 and 2025

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Financials · fiscal year 2025, micro schema

Source amounts without an identifiable currency are assumed to be EUR.

Equity
€314,187▲ 3.6%
2024 · €303,343
Total assets
€426,306▲ 4.7%
2024 · €407,316
Net result
€10,844▼ 42.5%
2024 · €18,870
Working capital
€211,674▲ 5.7%
2024 · €200,349
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 28, Manufacture of machinery and equipment not elsewhere classified, 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-€11,597-€264▲ 97.7%-€7,490▼ 2,741%€22,215-€12,572
Net result-€26,647-€2,222below the sector's middle half▲ 91.7%-€8,579below the sector's middle half▼ 286%€18,870within the sector's middle half€10,844within the sector's middle half▼ 42.5%
Equity€296,669▼ 8.2%€293,051above the sector's middle half▼ 1.2%€284,473above the sector's middle half▼ 2.9%€303,343above the sector's middle half▲ 6.6%€314,187above the sector's middle half▲ 3.6%
Total assets€402,885▼ 7.7%€396,750within the sector's middle half▼ 1.5%€385,686within the sector's middle half▼ 2.8%€407,316within the sector's middle half▲ 5.6%€426,306within the sector's middle half▲ 4.7%
Debt€107,612▼ 4.8%€103,698▼ 3.6%€101,213▼ 2.4%€103,973▲ 2.7%€112,119▲ 7.8%
Working capital€280,350▲ 1.3%€292,803above the sector's middle half▲ 4.4%€282,502above the sector's middle half▼ 3.5%€200,349above the sector's middle half▼ 29.1%€211,674above the sector's middle half▲ 5.7%
Solvency73.6%▼ 0.5pp73.9%above the sector's middle half▲ 0.2pp73.8%within the sector's middle half▼ 0.1pp74.5%within the sector's middle half▲ 0.7pp73.7%within the sector's middle half▼ 0.8pp
Current ratio40.42▲ 16.082.93within the sector's middle half2.89within the sector's middle half▼ 0.04
Return on assets (ROA)-6.6%▼ 20.2pp-0.6%below the sector's middle half▲ 6.1pp-2.2%below the sector's middle half▼ 1.7pp4.6%within the sector's middle half▲ 6.9pp2.5%within the sector's middle half▼ 2.1pp
above within below the middle half (P25 to P75) of NACE 28, Manufacture of machinery and equipment not elsewhere classified, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€40,000-€20,000€0€20,000Operating result 2021: -€11,597-€11,597Net result 2021: -€26,647-€26,647Operating result 2022: -€264-€264Net result 2022: -€2,222-€2,222Operating result 2023: -€7,490-€7,490Net result 2023: -€8,579-€8,579Operating result 2024: €22,215€22,215Net result 2024: €18,870€18,870Operating result 2025: -€12,572-€12,572Net result 2025: €10,844€10,84420212022202320242025-€20,000-€10,000€0€10,000€20,000Operating result 2023: -€7,490-€7,490Net result 2023: -€8,579-€8,580Operating result 2024: €22,215€22,200Net result 2024: €18,870€18,900Operating result 2025: -€12,572-€12,600Net result 2025: €10,844€10,800202320242025
The operating result turns negative in 2025: a loss of €12,572 after €22,215 in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €426,306
Fixed assets €102,513 ▼ 0.5%
Current assets €323,793 ▲ 6.4%
Equity and liabilities €426,306
Equity €314,187 ▲ 3.6%
Debt €112,119 ▲ 7.8%
Debt's share of the balance-sheet total rises from 25.5% to 26.3%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
-€12,091▼
2024 · €22,720
Cash flow
€11,325▼
2024 · €19,376
Debt to equity
0.36▲
2024 · 0.34
ROE
3.5%▼
2024 · 6.2%
Interest coverage
-2.61▼
2024 · 5.75
Debt ≤ 1 year
€112,119▲
2024 · €103,973
Income taxes
€4,235▲
2024 · €615
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 17,027 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 94% are still going.

  • Micro
  • 20 years or older
  • solvency 30% or more
  • a profit under 5% of the balance sheet
0.5% went bankrupt
4.9% stopped otherwise
94% still going

A further 0.3% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.3% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.7%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 17,027 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 48 lines
Balance sheet Code20242025
Assets
Total assets20/58€407,316€426,306▲
Fixed assets21/28€102,994€102,513▼
Tangible fixed assets22/27€2,994€2,513▼
Land and buildings22€0€0▼
Plant, machinery and equipment23€2,994€2,513▼
Financial fixed assets28€100,000€100,000=
Current assets29/58€304,322€323,793▲
Amounts receivable within one year40/41€19,232€4,462▼
Trade receivables40€14,528€4,462▼
Other amounts receivable41€4,705€0▼
Current investments50/53€239,456€242,113▲
Cash at bank and in hand54/58€45,633€75,631▲
Deferred charges and accrued income490/1-€1,587
Equity and liabilities
Total equity and liabilities10/49€407,316€426,306▲
Equity10/15€303,343€314,187▲
Contributions10/11€18,600€18,600=
Reserves13€284,670€295,510▲
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Distributable reserves133€284,670€295,510▲
Profit (loss) carried forward14€73€77▲
Amounts payable17/49€103,973€112,119▲
Amounts payable after more than one year17€0-
Financial debts170/4€0-
Amounts payable within one year42/48€103,973€112,119▲
Financial debts43€100,000€100,000=
Credit institutions430/8€100,000€100,000=
Trade debts44€1,861€2,500▲
Suppliers440/4€1,861€2,500▲
Taxes, remuneration and social security45€2,112€3,154▲
Taxes450/3€2,112€3,154▲
Other amounts payable47/48-€6,466
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€506€481▼
Other operating charges640/8€308€387▲
Gross operating margin9900€23,029-€11,704▼
Operating profit (loss)9901€22,215-€12,572▼
Financial income75/76B€1,223€32,289▲
Recurring financial income75€1,223€32,289▲
Financial charges65/66B€3,952€4,637▲
Recurring financial charges65€3,952€4,637▲
Profit (loss) for the period before taxes9903€19,485€15,079▼
Income taxes67/77€615€4,235▲
Profit (loss) for the period9904€18,870€10,844▼
Profit (loss) for the period to be appropriated9905€18,870€10,844▼
Appropriation of the result
Profit (loss) to be appropriated9906€8,073€10,917▲
Profit (loss) brought forward from the previous period14P-€10,797€73▲
Transfer to equity691/2€8,000€10,840▲
To other reserves6921€8,000€10,840▲

The notes to these accounts (13 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€17,138€14,425€778€506€481▼ 4.9%
Other operating charges640/8-€767€804€308€387▲ 25.6%
Gross operating margin9900€7,588€14,928-€5,908€23,029-€11,704▼ 151%
Operating profit (loss)9901-€11,597-€264-€7,490€22,215-€12,572▼ 157%
Financial income75/76B-€2,854€1,030€1,223€32,289▲ 2,540%
Recurring financial income75€17,105€2,854€1,030€1,223€32,289▲ 2,540%
Financial charges65/66B-€3,740€1,573€3,952€4,637▲ 17.3%
Recurring financial charges65€16,692€3,740€1,573€3,952€4,637▲ 17.3%
Profit (loss) for the period before taxes9903-€26,648-€1,150-€8,033€19,485€15,079▼ 22.6%
Transfer from deferred taxes780-€0----
Income taxes67/77€5,172€1,072€546€615€4,235▲ 589%
Profit (loss) for the period9904-€26,647-€2,222-€8,579€18,870€10,844▼ 42.5%
Profit (loss) for the period to be appropriated9905€28,571-€2,222-€8,579€18,870€10,844▼ 42.5%
Line20212022202320242025Change
Assets
Total assets20/58€402,885€396,750€385,686€407,316€426,306▲ 4.7%
Formation expenses20€0-----
Fixed assets21/28€131,845€100,998€101,970€102,994€102,513▼ 0.5%
Intangible fixed assets21€0-----
Tangible fixed assets22/27€31,845€998€1,970€2,994€2,513▼ 16.1%
Land and buildings22-€522€0€0€0▼ 100%
Plant, machinery and equipment23-€476€1,970€2,994€2,513▼ 16.1%
Furniture and vehicles24-€0----
Other tangible fixed assets26-€0----
Financial fixed assets28€100,000€100,000€100,000€100,000€100,000=
Current assets29/58€287,462€295,752€283,715€304,322€323,793▲ 6.4%
Stocks and contracts in progress3€0-----
Amounts receivable within one year40/41€2,533€843€7,499€19,232€4,462▼ 76.8%
Trade receivables40-€798€593€14,528€4,462▼ 69.3%
Other amounts receivable41-€45€6,906€4,705€0▼ 100%
Current investments50/53€186,834€187,622€238,655€239,456€242,113▲ 1.1%
Cash at bank and in hand54/58€100,287€107,286€37,562€45,633€75,631▲ 65.7%
Deferred charges and accrued income490/1----€1,587-
Equity and liabilities
Total equity and liabilities10/49€402,885€396,750€385,686€407,316€426,306▲ 4.7%
Equity10/15€296,669€293,051€284,473€303,343€314,187▲ 3.6%
Contributions10/11-€18,600€18,600€18,600€18,600=
Reserves13€304,577€276,670€276,670€284,670€295,510▲ 3.8%
Non-distributable reserves130/1-€1,860€1,860€0--
Reserves not available under the articles1311-€1,860€1,860€0--
Distributable reserves133-€274,810€274,810€284,670€295,510▲ 3.8%
Profit (loss) carried forward14-€26,508-€2,219-€10,797€73€77▲ 5.7%
Amounts payable17/49€107,612€103,698€101,213€103,973€112,119▲ 7.8%
Amounts payable after more than one year17€100,000€100,000€100,000€0--
Financial debts170/4-€100,000€100,000€0--
Amounts payable within one year42/48€7,112€2,948€1,213€103,973€112,119▲ 7.8%
Financial debts43---€100,000€100,000=
Credit institutions430/8---€100,000€100,000=
Trade debts44€437€570€668€1,861€2,500▲ 34.3%
Suppliers440/4-€570€668€1,861€2,500▲ 34.3%
Taxes, remuneration and social security45-€215€545€2,112€3,154▲ 49.3%
Taxes450/3-€215€545€2,112€3,154▲ 49.3%
Other amounts payable47/48-€2,163€0-€6,466-
Accrued charges and deferred income492/3-€750€0---
Line20212022202320242025Change
Profit (loss) for the period9904-€26,647-€2,222-€8,579€18,870€10,844▼ 42.5%
+ Depreciation and write-downs630€17,138€14,425€778€506€481▼ 4.9%
Operating cash flow (approximation)-€9,509€12,204-€7,801€19,376€11,325▼ 41.6%
Investment in fixed assets (approximation)-€16,421-€1,750-€1,530€0▲ 100%
Change in cash-€6,999-€69,725€8,071€29,998▲ 272%

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

Next filing, fiscal year 2026, expected by 31-01-2027
2026
16-02
NBB filing Annual accounts filed
fiscal year 2025 · micro schema · 16 days late
2025
21-01
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
30-06
Financial Back to profitnet €18,870
Net result €18,870 after 3 loss-making years.
29-01
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
30-06
Financial Liquidity doublescurrent ratio 233.87
Current ratio from 100.32 to 233.87; short-term debt falls from €2,948 to €1,213.
09-01
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
30-06
Financial Liquidity doublescurrent ratio 100.32
Current ratio from 40.42 to 100.32; short-term debt falls from €7,112 to €2,948.
31-01
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
30-06
Financial Weakest financial yearnet -€26,647
Net result drops to -€26,647, the lowest in the series; recovery starts the following year.
29-01
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
24-01
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
11-01
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2017
14-12
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2016
23-12
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts

We know of 3 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
3 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, Lubbeek · 1 establishment unit since 1991
seat establishment The establishment unit on the map
Ground area
554 m²
Building footprint
141 m²
Volume, LiDAR
734 m³
Parcel 24090C0009/00Y000, Flanders · tallest building 6.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Kleine Korteberg(PEL) 28 A, 3212 Lubbeek
NACE 29530
since 19912.053.918.679
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
24090C0009/00Y000 Flanders 554 m² 1 · 141 m² 6.2 m · 2 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.

Structure & network

Owners and holdings

1 holding

Owners 0

The accounts to 30-06-2025 list no shareholders, and no other source names one.

Holdings 1

According to the annual accounts to 30-06-2025 of ELECTRO MECHANICAL DESIGN 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.

Similar companies · same sector, comparable size

Of 461 companies in sector 28250 we hold annual accounts for 286. 229 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
Founded30-07-1991
Fiscal year end30-06
Abbreviation NL E.M.D.
Activities, NACEBEL 2025
28250Manufacture of machinery and equipment not elsewhere classified
70200Business and other management consultancy
85599Other education
E-invoicing
Not found in the Peppol register

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If you follow this company, Checked tells you the day it appears in the Peppol register.

Register as of 28 September 2026 · Peppol Directory

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