EM AUTO
ActiveSummary
The computed 12-month bankruptcy probability of EM AUTO is 2.7% (moderate). The 2024 annual accounts show equity of €17,617 and a net result of -€4,727. Equity remains stable across the filed fiscal years (±0.9% per year). Its solvency ranks better than 30% of 26049 sector peers (fiscal year 2024). The company has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
Axes · tick = 2023
Profitability35▼-37
Solvency35=
Growth32▼-20
Track record100
Bankruptcy probability, 12 months
2.7%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days only on tighter terms
Liquidity short (current ratio 0.95 against 0.97 in 2023; short-term debt: 90.2% and cash: 9.4% of total assets), and 90.2% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Retail trade (NACE 47)
about 45% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
9.8%
Return on assets
-2.6%
Age of the figures
21 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 02-10-2025, 63 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
63 d late
2023
119 d late
2022
70 d late
2021
22 d late
2020
84 d late
2019
80 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 73 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 46% of the sector filed late.
Checked, nothing found (1)
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
Is this your company? See how customers and banks see it.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2024, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
-€4,727
2023 · €6,150
Working capital
-€8,020▼ 25.0%
2023 · -€6,415
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 47, Retail trade, 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
Line20202021202220232024
Operating result-€1,342-€1,857▼ 38.3%€2,674€7,082▲ 165%-€4,041
Net result-€1,542below the sector's middle half-€2,592below the sector's middle half▼ 68.1%€1,682within the sector's middle half€6,150within the sector's middle half▲ 266%-€4,727below the sector's middle half
Equity€17,102below the sector's middle half▼ 8.3%€14,510within the sector's middle half▼ 15.2%€16,193within the sector's middle half▲ 11.6%€22,343within the sector's middle half▲ 38.0%€17,617within the sector's middle half▼ 21.2%
Total assets€131,695below the sector's middle half▲ 11.4%€113,156within the sector's middle half▼ 14.1%€148,271within the sector's middle half▲ 31.0%€220,947within the sector's middle half▲ 49.0%€179,506within the sector's middle half▼ 18.8%
Debt€114,593▲ 15.0%€98,645▼ 13.9%€132,078▲ 33.9%€198,603▲ 50.4%€161,890▼ 18.5%
Working capital-€5,077below the sector's middle half-€9,249below the sector's middle half▼ 82.2%-€5,722within the sector's middle half▲ 38.1%-€6,415within the sector's middle half▼ 12.1%-€8,020within the sector's middle half▼ 25.0%
Solvency13.0%within the sector's middle half▼ 2.8pp12.8%within the sector's middle half▼ 0.2pp10.9%within the sector's middle half▼ 1.9pp10.1%within the sector's middle half▼ 0.8pp9.8%within the sector's middle half▼ 0.3pp
Current ratio0.96below the sector's middle half▼ 0.070.91within the sector's middle half▼ 0.050.96within the sector's middle half▲ 0.050.97within the sector's middle half▲ 0.010.95within the sector's middle half▼ 0.02
Return on assets (ROA)-1.2%below the sector's middle half▼ 1.2pp-2.3%below the sector's middle half▼ 1.1pp1.1%within the sector's middle half▲ 3.4pp2.8%within the sector's middle half▲ 1.6pp-2.6%within the sector's middle half▼ 5.4pp
above
within
below
the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €4,041 after €7,082 in 2023, the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €179,506
Fixed assets
€25,637 ▼ 10.9%
Current assets
€153,870 ▼ 19.9%
Equity and liabilities €179,506
Equity
€17,617 ▼ 21.2%
Debt
€161,890 ▼ 18.5%
Debt's share of the balance-sheet total rises from 89.9% to 90.2%. Equity and debt are lower.
Key figures and ratios
EBITDA
€1,575▼
2023 · €13,129
Cash flow
€890▼
2023 · €12,198
Quick ratio
0.46▼
2023 · 0.59
Debt to equity
9.19▲
2023 · 8.89
ROE
-26.8%▼
2023 · 27.5%
Interest coverage
2.30▼
2023 · 14.10
Debt ≤ 1 year
€161,890▼
2023 · €198,603
Staff costs
€12,325▼
2023 · €29,520
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 1,037 companies that looked in July 2024 the way this one looks now, 2.9% went bankrupt within 24 months and 94% are still going.
- Micro
- 10 to 20 years old
- solvency under 10%
- a small loss
2.9%
went bankrupt
2.6%
stopped otherwise
94%
still going
A further 1.0% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 2.7% 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%.
| 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 1,037 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
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | €33,234 | €29,520 | €12,325 | ▼ 58.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €3,598 | €4,500 | €4,324 | €6,047 | €5,616 | ▼ 7.1% |
| Other operating charges640/8 | - | €1,943 | €99 | €9,651 | €113 | ▼ 98.8% |
| Non-recurring operating charges66A | - | - | - | €84 | - | - |
| Gross operating margin9900 | €2,898 | €4,586 | €40,331 | €52,385 | €14,014 | ▼ 73.2% |
| Operating profit (loss)9901 | -€1,342 | -€1,857 | €2,674 | €7,082 | -€4,041 | ▼ 157% |
| Financial charges65/66B | - | €295 | €991 | €931 | €686 | ▼ 26.4% |
| Recurring financial charges65 | €200 | €295 | €991 | €931 | €686 | ▼ 26.4% |
| Profit (loss) for the period before taxes9903 | -€1,542 | -€2,152 | €1,682 | €6,150 | -€4,727 | ▼ 177% |
| Income taxes67/77 | - | €440 | - | - | - | - |
| Profit (loss) for the period9904 | -€1,542 | -€2,592 | €1,682 | €6,150 | -€4,727 | ▼ 177% |
| Profit (loss) for the period to be appropriated9905 | -€1,542 | -€2,592 | €1,682 | €6,150 | -€4,727 | ▼ 177% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €131,695 | €113,156 | €148,271 | €220,947 | €179,506 | ▼ 18.8% |
| Fixed assets21/28 | €22,179 | €23,759 | €21,914 | €28,759 | €25,637 | ▼ 10.9% |
| Tangible fixed assets22/27 | €16,879 | €18,459 | €16,614 | €23,459 | €20,337 | ▼ 13.3% |
| Furniture and vehicles24 | - | €3,886 | €4,273 | €2,182 | €2,581 | ▲ 18.3% |
| Other tangible fixed assets26 | - | €14,573 | €12,341 | €21,277 | €17,756 | ▼ 16.6% |
| Financial fixed assets28 | €5,300 | €5,300 | €5,300 | €5,300 | €5,300 | = |
| Current assets29/58 | €109,516 | €89,397 | €126,356 | €192,188 | €153,870 | ▼ 19.9% |
| Stocks and contracts in progress3 | €42,564 | €43,544 | €79,219 | €75,760 | €78,719 | ▲ 3.9% |
| Stocks30/36 | - | €43,544 | €79,219 | €75,760 | €78,719 | ▲ 3.9% |
| Amounts receivable within one year40/41 | €17,844 | €14,202 | €32,361 | €103,011 | €58,027 | ▼ 43.7% |
| Trade receivables40 | - | €4,792 | €22,873 | €93,602 | €20,816 | ▼ 77.8% |
| Other amounts receivable41 | - | €9,410 | €9,489 | €9,410 | €37,212 | ▲ 295% |
| Cash at bank and in hand54/58 | €48,288 | €30,300 | €14,776 | €13,416 | €16,819 | ▲ 25.4% |
| Deferred charges and accrued income490/1 | - | €1,351 | - | - | €305 | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €131,695 | €113,156 | €148,271 | €220,947 | €179,506 | ▼ 18.8% |
| Equity10/15 | €17,102 | €14,510 | €16,193 | €22,343 | €17,617 | ▼ 21.2% |
| Contributions10/11 | - | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Outside capital11 | - | €18,600 | €18,600 | €18,600 | - | - |
| Other1109/19 | - | €18,600 | €18,600 | €18,600 | - | - |
| Reserves13 | €25 | €25 | €25 | €25 | €25 | = |
| Non-distributable reserves130/1 | - | €25 | €25 | €25 | €25 | = |
| Reserves not available under the articles1311 | - | €25 | €25 | €25 | €25 | = |
| Profit (loss) carried forward14 | -€1,523 | -€4,115 | -€2,432 | €3,718 | -€1,008 | ▼ 127% |
| Amounts payable17/49 | €114,593 | €98,645 | €132,078 | €198,603 | €161,890 | ▼ 18.5% |
| Amounts payable within one year42/48 | €114,593 | €98,645 | €132,078 | €198,603 | €161,890 | ▼ 18.5% |
| Trade debts44 | €56,168 | €18,751 | €51,526 | €51,661 | €30,488 | ▼ 41.0% |
| Suppliers440/4 | - | €18,751 | €51,526 | €51,661 | €30,488 | ▼ 41.0% |
| Taxes, remuneration and social security45 | - | €58,907 | €62,005 | €85,637 | €125,459 | ▲ 46.5% |
| Taxes450/3 | - | €12,157 | €11,910 | €11,426 | €38,084 | ▲ 233% |
| Remuneration and social security454/9 | - | €46,750 | €50,095 | €74,211 | €87,375 | ▲ 17.7% |
| Other amounts payable47/48 | - | €20,988 | €18,547 | €61,305 | €5,942 | ▼ 90.3% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€1,542 | -€2,592 | €1,682 | €6,150 | -€4,727 | ▼ 177% |
| + Depreciation and write-downs630 | €3,598 | €4,500 | €4,324 | €6,047 | €5,616 | ▼ 7.1% |
| Operating cash flow (approximation) | €2,055 | €1,908 | €6,006 | €12,198 | €890 | ▼ 92.7% |
| Investment in fixed assets (approximation) | - | -€6,080 | -€2,479 | -€12,892 | -€2,494 | ▲ 80.7% |
| Change in cash | - | -€17,988 | -€15,524 | -€1,360 | €3,403 | ▲ 350% |
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
2025
02-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 63 days late
2024
31-12
Financial
Weakest financial yearnet -€4,727
Net result drops to -€4,727, the lowest in the series.
27-11
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 119 days late
2023
09-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 70 days late
2022
31-12
Financial
Back to profitnet €1,682
Net result €1,682 after 2 loss-making years.
22-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 22 days late
2021
23-10
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 84 days late
2020
19-10
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 80 days late
2019
31-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 31 days late
2018
18-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
08-06
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
18-10
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 79 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not 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
1 act for this company is 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, Evere · 2 establishment units since 2014
Ground area
1,547 m²
Building footprint
1,056 m²
Volume, LiDAR
8,031 m³
2 parcels, Brussels · tallest building 20.1 m, ±6 floors. Linked by address, not a title deed.
2 establishment units
EM AUTO
since 20142.227.369.725
EM AUTO
since 20152.250.805.816
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21372B0311/00D000 | Brussels | 1,058 m² | 1 · 770 m² | 9.6 m · 2 fl. |
| 21906D0147/00N007 | Brussels | 489 m² | 1 · 286 m² | 20.1 m · 6 fl. |
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.
Similar companies · same sector, comparable size
Industry Pro
BE 1001.584.683
Zwevegem · Eq €17,631
GT RACING SUPPLIES
BE 0781.295.606
Braine-le-Comte · Eq €17,587
GARAGE PEETERS - TURNHOUT
BE 0778.770.438
Turnhout · Eq €17,538
Société internationale de Distribution d'Ameublement
BE 0412.578.612
Waterloo · Eq €17,704
FCP GROUP
BE 0676.864.515
Sint-Jans-Molenbeek · Eq €17,714
Of 10,664 companies in sector 47811 we hold annual accounts for 5,226. 2,581 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 (pre-2019)
Founded20-02-2014
Fiscal year end31-12
Activities, NACEBEL 2025
47811Retail sale of cars and light vans (up to 3.5 tonnes)
95311General maintenance and repair of cars and light vans (up to 3.5 tonnes)
33170Repair, maintenance and installation of machinery and equipment
47812Retail trade
95313Repair and fitting of specific motor vehicle parts
95314Bodywork repair (including spraying and painting)
Contact
Phone
024752325
E-invoicing
Reachable via Peppol
Peppol ID
0208:0546767323
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.