EM CONCEPT
The computed 12-month bankruptcy probability of EM CONCEPT is 5.6% (elevated). The 2025 annual accounts show equity of €76k and a net result of €7k. Equity is growing by ~14.2% per year across the filed fiscal years. Its solvency ranks better than 54% of 4219 sector peers (fiscal year 2025). The company has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €76k |
| Net result | €7k |
| Better than sector | 54% |
| Active | 7 yrs |
Strong profile, led by stability.
All 5 axes are computed from data Checked has read.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 43.0% | 39.2% | |
| Net result | €7k | €6k | |
| Equity | €76k | €38k | |
| Gross operating margin | €65k | €41k | |
| Total assets | €176k | €114k |
Figures by fiscal year and ratios
| Fiscal year | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Deposit | micro schema | micro schema | micro schema | micro schema | micro schema |
| Revenue | - | - | - | - | - |
| EBITDA | €58k | €30k | €47k | €26k | €31k |
| Net profit | €7k | €2k | €16k | €6k | €12k |
| Cash flow | €56k | €29k | €44k | €25k | €31k |
| Staff costs | - | - | - | - | - |
| Income taxes | €2k | €489 | €3k | - | - |
| Dividends | - | - | - | - | - |
| Total assets | €176k | €167k | €179k | €157k | €157k |
| Equity | €76k | €69k | €67k | €51k | €45k |
| Debt | €100k | €98k | €112k | €106k | €112k |
| of which ≤ 1y | €89k | €98k | €112k | €106k | €112k |
| of which > 1y | €11k | - | - | - | - |
| Working capital | €-46k | €24k | €-3k | €28k | €6k |
| Employees (FTE) | - | - | - | - | - |
| 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|
| Current ratio | 0.48 | 1.24 | 0.97 | 1.26 | 1.06 |
| Quick ratio | 0.48 | 1.24 | 0.97 | 1.26 | 1.06 |
| Working capital ratio | -26.3% | 14.2% | -1.9% | 17.7% | 4.1% |
| Solvency | 43.0% | 41.2% | 37.5% | 32.4% | 28.4% |
| Debt / equity | 1.33 | 1.43 | 1.67 | 2.08 | 2.52 |
| Long-term debt ratio | 0.15 | - | - | - | - |
| Interest coverage | 214.97 | 427.62 | 519.36 | 862.22 | 4299.11 |
| Gross margin | - | - | - | - | - |
| Net margin | - | - | - | - | - |
| ROA | 3.9% | 1.0% | 9.1% | 4.0% | 7.8% |
| ROE | 9.0% | 2.5% | 24.2% | 12.4% | 27.3% |
| EBITDA margin | - | - | - | - | - |
| Days sales outstanding | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - |
| Inventory turnover | - | - | - | - | - |
| Days inventory (DSI) | - | - | - | - | - |
Full annual accounts (23 line items)
| Line item | Code | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| Balance sheet, Assets | ||||||
| TOTAL ASSETS | 20/58 | €176k | €167k | €179k | €157k | €157k |
| Fixed assets | 21/28 | €133k | €45k | €70k | €23k | €38k |
| Tangible fixed assets | 22/27 | €133k | €45k | €70k | €23k | €38k |
| Current assets | 29/58 | €43k | €122k | €109k | €134k | €119k |
| Amounts receivable within one year | 40/41 | €19k | €23k | €35k | €38k | €22k |
| Cash & bank | 54/58 | €24k | €99k | €74k | €96k | €97k |
| Balance sheet, Equity & liabilities | ||||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €176k | €167k | €179k | €157k | €157k |
| Equity | 10/15 | €76k | €69k | €67k | €51k | €45k |
| Contributions / capital | 10/11 | €12k | €12k | €12k | €12k | €12k |
| Reserves | 13 | €2k | €2k | €2k | €2k | €2k |
| Accumulated profits (losses) | 14 | €61k | €55k | €53k | €37k | €31k |
| Amounts payable | 17/49 | €100k | €98k | €112k | €106k | €112k |
| Amounts payable after one year | 17 | €11k | - | - | - | - |
| Amounts payable within one year | 42/48 | €89k | €98k | €112k | €106k | €112k |
| Trade debts payable within one year | 44 | €11k | €26k | €31k | €18k | €12k |
| Income statement | ||||||
| Gross operating margin | 9900 | €65k | €31k | €49k | €27k | €33k |
| Operating result | 9901 | €9k | €2k | €19k | €6k | €12k |
| Financial income | 75 | €1 | €0 | €2 | €3 | €200 |
| Financial charges | 65 | €268 | €69 | €91 | €30 | €7 |
| Result before taxes | 9903 | €9k | €2k | €19k | €6k | €12k |
| Income taxes | 67/77 | €2k | €489 | €3k | - | - |
| Net result for the period | 9904 | €7k | €2k | €16k | €6k | €12k |
| Result to be appropriated | 9905 | €7k | €2k | €16k | €6k | €12k |
| NACE primary | On-demand passenger transport by chauffeured vehicle(49330) |
| Legal form | Private limited company(610) |
| Incorporation | 21-09-2018 |
| Status | Active |
| Postal code | 1140 |
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21372C0133/00D000 | Brussels | 1,148 m² | 1 · 464 m² | 7.8 m |
| 21445C0272/00F006 | Brussels | 1,047 m² | 1 · 547 m² | 12.8 m · 4 fl. |
| 23084A0399/00T022 | Flanders | 364 m² | 1 · 58 m² | 11.4 m · 3 fl. |
We know of 6 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
07-05-2025 Registered office moved from Ixelles to Evere
- Rue César Franck 25B-1050 Ixelles → Rue des Deux Maisons 24, 1140 Evere
Technical details
{
"events": [
{
"kind": "zetel_transfer",
"seat_type": "siege_social",
"new_address": {
"raw": "Rue des Deux Maisons 24, 1140 Evere",
"city": "Evere",
"region": "brussels_hoofdstedelijk_gewest",
"street": "des Deux Maisons",
"country": "BE",
"postcode": "1140",
"box_number": null,
"street_number": "24",
"locality_suffix": null
},
"old_address": {
"raw": "Rue C\u00E9sar Franck 25B-1050 Ixelles",
"city": "Ixelles",
"region": "brussels_hoofdstedelijk_gewest",
"street": "C\u00E9sar Franck",
"country": "BE",
"postcode": "1050",
"box_number": "B",
"street_number": "25",
"locality_suffix": null
},
"effective_date": null,
"evidence_quote": "",
"region_changed": false,
"is_statute_change": true,
"nationality_change": false,
"old_address_source": "header_volledig_adres",
"statute_clause_text": null,
"statute_article_number": null,
"effective_date_qualifier": null,
"statutaire_vs_werkelijke": null,
"linguistic_region_changed": false,
"court_jurisdiction_changed": false,
"effective_date_is_approximate": false
}
],
"notary": {
"name": null,
"firm_city": null,
"firm_name": null,
"office_city": "Bruxelles",
"is_associated": false
},
"act_meta": {
"language": "fr",
"pub_date": "2025-05-07",
"filing_date": null,
"act_kind_objet": "Objet de l\u0027acte:"
},
"decision": {
"body": "assemblee_generale_extraordinaire",
"date": "2025-04-23",
"unanimous": true
},
"subject_company": {
"kbo": "0704.858.814",
"name_full": "EM CONCEPT",
"legal_form": "SRL",
"_kbo_filled_from_list": true
},
"publication_proxy": {
"kind": "person",
"org_kbo": null,
"org_name": null,
"person_name": "MILETINOV EMIL",
"org_rep_person_name": null,
"person_role_at_subject": "Administrateur"
},
"co_filed_documents": []
}29-01-2024 Miletinov Emil appointed as statutory auditor
- Miletinov Emil, Commissaris
Technical details
{
"events": [
{
"kind": "commissaris_in",
"role": "commissaris",
"person": {
"rrn": null,
"name": "Miletinov Emil",
"address": null,
"birth_date": null,
"profession": null,
"birth_place": null
},
"reason": null,
"subkind": "regular",
"via_org": null,
"statutory": null,
"compensated": null,
"effective_date": null,
"evidence_quote": "",
"decharge_status": null,
"mandate_duration": null,
"rep_rotation_new_rep": null,
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},
{
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},
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"decharge_status": "granted",
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}
],
"notary": {
"name": null,
"firm_city": null,
"firm_name": null,
"office_city": "Bruxelles",
"is_associated": false
},
"act_meta": {
"language": "mixed",
"pub_date": "2024-01-29",
"filing_date": "2024-01-19",
"act_kind_objet": "Objet de l\u0027acte:"
},
"decisions": [
{
"body": "buitengewone_algemene_vergadering",
"date": "2024-01-10",
"unanimous": true
}
],
"is_correction": false,
"subject_company": {
"kbo": "0704.858.814",
"name_full": "EM CONC\u0415\u0420\u0422",
"legal_form": "SRL"
},
"publication_proxy": {
"kind": "person",
"org_kbo": null,
"org_name": null,
"person_name": "Cardoen Bart",
"org_rep_person_name": null,
"person_role_at_subject": "Administrateur"
},
"co_filed_documents": [],
"corrected_publication_numac": null
}| Legal nameFR | EM CONCEPT |