Skip to content

EM

In bankruptcy Public limited companyfounded 2007Jan Moorkensstraat 68, 2600 AntwerpKBO/BCE: BE 0887.863.566

Timeline

18 events since 2007
2015
Bankruptcy published Commercial Court of Antwerp, Antwerp division · judgment of 19-11-2015
Annual accounts 2013 filed PDFabbreviated format · 544 days late
Annual accounts 2014 filed PDFabbreviated format · 179 days late
Annual accounts 2015 filed PDFabbreviated format · 187 days before the deadline
2013
Weakest financial year net -€3.4m The net result drops to -€3.4m, the lowest from 2008 to 2015.
Annual accounts 2012 filed PDFabbreviated format · on the deadline day
2012
Liquidity more than 5 times current ratio 24.72 The current ratio rises from 4.45 to 24.72. Short-term debt falls from €820,046 to €154,860.
Annual accounts 2011 filed PDFabbreviated format · 24 days before the deadline
2011
Highest result from 2008 to 2015 net €15,878 ▲91% The operating result of €148,728 and the net result of €15,878 are both a record.
Annual accounts 2010 filed PDFabbreviated format · 22 days before the deadline
2010
Liquidity more than doubled current ratio 9.13 The current ratio rises from 3.92 to 9.13. Short-term debt falls from €719,908 to €356,427.
Equity above €150,000 equity €153,881 ▲5.7% After 2 profitable years in a row, equity reaches €153,881.
Annual accounts 2009 filed PDFabbreviated format · 32 days before the deadline
New establishment in Kontich EM Advertising / Exclusive Motorbikes / Exclusive Cars / EM, Blauwesteenstraat 110
2009
Back to profit net €8,706 The net result is €8,706, after one loss-making year.
Annual accounts 2008 filed PDFabbreviated format · on the deadline day
2007
Incorporation PDF10 publications in the Belgian Official Gazette, the last on 13-11-2015 · published on 20-03-2007
First establishment EM Advertising / Exlusive Motorbikes / Exclusive Cars / EM, Jan Moorkensstraat 68, Antwerp

Financial milestones sit on the financial year-end date, not the filing date.

Sources: Publications in the Belgian Official GazetteFilings with the National Bank

History

EM was incorporated on 12 March 2007.1 Total assets fell from €4.1m in 2011 to €158,969 in 2015 and headcount from 0.1 full-time equivalents in 2011 to 1 in 2013.2 On 19 November 2015 the company was declared bankrupt.3

  1. 1KBO register
  2. 2National Bank, annual accounts 2011, 2013 and 2015
  3. 3Belgian Official Gazette, 24-11-2015

Next steps