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EM & GI

Active
Private limited companyfounded 2018active for 7 yearsJozef II straat 19, 1000 Brussel, BelgiumKBO/BCE: BE 0714.975.617

From the official registers: KBO 6 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

The computed 12-month bankruptcy probability of EM & GI is 9.3% (elevated). The 2024 annual accounts show negative equity (-€104,994) and a net result of -€21,858. Equity has been shrinking by about 27% per year since 2019. Its solvency ranks better than 5% of 18,734 sector peers (NACE 56, financial year 2024). The company has been active since 2018 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Official details

KBO
Status
Active since 30-11-2018 Normal situation
Activity
Limited-service restaurants, excluding mobile food services NACE 56112
Establishment unit
2.282.738.612 1000 Brussel, since 30-11-2018
Financial year end
31 December
Peppol
Reachable since 05-01-2026

Board and ownership

Board

Financial position

30 Weak Checked score 2024
Bankruptcy probabilitywithin 12 months
9.3%
Annual accounts 2024
Gross margin
-€7,405
Loss
€21,858
▲ 31.9%
Equity
-€104,994
▼ 26.3%
Total assets
€34,595
▼ 9.6%
Staff
≈ 0 FTE
estimated
Turnover not published (micro format)2025 accounts not filed, 93 days past the deadline
Filed on 23-12-2025PDF
Score breakdownraises risk1 financial year not filed after the legal deadline; last filed accounts filed 145 days late; 3 of the last 3 accounts lateFigures for financial year 2024 (filed on 24-12-2025)Loss of €21,858, the second in a row (financial year 2024)Sector: Food and beverage service activities (NACE 56)Show the evidence

Checked score

Score 2024
30 / 100
Weak
Probability in this band: 4.2% to 15.0%
Financially stronger than 14% of micro companies in food and beverage service (NACE 56)
Financial strength · tick: 2023
Weak
Solvency 0=
equity -303.5% of total assets
Liquidity 20+12
short-term debt 403.5% · cash 16.1%
Profitability 0=
return on assets -63.2%
Bankruptcy probability within 12 months
9.3% Elevated
0%0.5%1.5%4%10%≥ 25%

About 9 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.8% (23,780 companies, NACE 56, micro)
Last 24 months 11-2024: 7.2% 12-2024: 7.4%▲ +0.2 percentage points vs 11-2024 01-2025: 7.3%▼ -0.1 percentage points vs 12-2024 02-2025: 7.3%● unchanged vs 01-2025 03-2025: 6.5%▼ -0.8 percentage points vs 02-2025 04-2025: 6.5%● unchanged vs 03-2025 05-2025: 6.4%▼ -0.1 percentage points vs 04-2025 06-2025: 6.2%▼ -0.2 percentage points vs 05-2025lowest value 07-2025: 6.3%▲ +0.1 percentage points vs 06-2025 08-2025: 6.9%▲ +0.6 percentage points vs 07-2025 09-2025: 7.0%▲ +0.1 percentage points vs 08-2025 10-2025: 7.8%▲ +0.8 percentage points vs 09-2025 11-2025: 7.8%● unchanged vs 10-2025 12-2025: 8.7%▲ +0.9 percentage points vs 11-2025 01-2026: 7.8%▼ -0.9 percentage points vs 12-2025 02-2026: 7.8%● unchanged vs 01-2026 03-2026: 7.7%▼ -0.1 percentage points vs 02-2026 04-2026: 7.7%● unchanged vs 03-2026 05-2026: 7.6%▼ -0.1 percentage points vs 04-2026 06-2026: 7.2%▼ -0.4 percentage points vs 05-2026 07-2026: 6.9%▼ -0.3 percentage points vs 06-2026 08-2026: 7.4%▲ +0.5 percentage points vs 07-2026 09-2026: 7.8%▲ +0.4 percentage points vs 08-2026 10-2026: 9.3%▲ +1.5 percentage points vs 09-2026highest value
No credit on open account
Liquidity is insufficient, with a current ratio of 0.05 (0.03 in 2023), below 1. Short-term debt is 403.5% and cash 16.1% of total assets. Equity is negative.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

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%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 56, micro). It does better than 9% of them on solvency, 17% on liquidity, 8% on profitability and 22% on growth.

The bankruptcy probability was computed on 31-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Seven signals.
raises risk
raises risk · 1 financial year not filed after the legal deadline; last filed accounts filed 145 days late; 3 of the last 3 accounts late
NBB · filings
raises risk · Figures for financial year 2024 (filed on 24-12-2025)
NBB · annual accounts
raises risk · Loss of €21,858, the second in a row (financial year 2024)
NBB · annual accounts
raises risk · Sector: Food and beverage service activities (NACE 56)
KBO
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024
Equity per financial year
192021222324
2019 to 2024 · latest year -€104,994
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 93 days later.
NBB · 6 filings
Position against the passed deadline
31-12-2025 year end31-07-2026 deadline01-11-2026 today
raises risk · 2024 accounts filed 145 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 23-12-2025, 145 days past the deadline. Measured on financial year 2023: of the companies more than 90 days late, 5.61% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers.
NBB · 6 filings
Deviation from the deadline
2025
not filed
2024
145 days late
2023
61 days late
2022
59 days late
2021
127 days late
2020
153 days late
2019
125 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 6 accounts on average 112 days after the deadline. In the sector (NACE 56), the median for financial year 2024 was 7 days after the deadline, and 53% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Risk: Negative equitydebts exceed assets in financial year 2024 -€104,994 View
  • Risk: 6 loss-making years in a rowloss in financial year 2024 -€21,858 View
  • Caution: Lower solvency than 95% of companies in food and beverage servicesector median 29.2% · 18,734 companies -303.5% View

Comparable companies

These companies have the same main activity as EM & GI: limited-service restaurants, excluding mobile food services (NACE 56112). They are comparable in size and age: total assets between €29,700 and €35,200, founded between 2017 and 2019.

CompanyTotal assetsGross margin
EM & GI Brussel€34,595-€7,405
SY CONCEPT Brussel€29,701-€36,852
FOODY'Z Schaarbeek€33,631-€8,985
NEW-BAZ Waremme€33,890-€2,815
La Nou Turnhout€30,693-€5,740
Glaces Italian Grimbergen€35,224-€46,889
BAIBUN Schilde€30,275-€151
Full comparison

Documents

Annual accounts at the NBB

All 6 annual accounts

Articles and registers

Key facts about EM & GI

What is the company number of EM & GI?
The company number of EM & GI is 0714.975.617. The VAT number is the same number with BE in front: BE 0714.975.617.
Where is EM & GI based?
The registered office is at Jozef II straat 19, 1000 Brussel.Company details
What does EM & GI do?
According to the KBO register, the main activity is limited-service restaurants, excluding mobile food services (NACE 56112).
What is the legal form of EM & GI?
The legal form of EM & GI is Private limited company (BV).
When was EM & GI founded?
EM & GI was founded on 30-11-2018.
Is EM & GI still active?
Yes, EM & GI is an active enterprise in the KBO register.
How many employees does EM & GI have?
EM & GI had an average of 1.9 full-time equivalents in financial year 2023, according to the filed annual accounts.Financials
What is the turnover of EM & GI?
The annual accounts for financial year 2024 state no turnover. The micro format does not require it.
Is EM & GI profitable?
In financial year 2024, EM & GI made a loss of €21,858.
Where can I find the annual accounts of EM & GI?
EM & GI filed 6 annual accounts with the National Bank of Belgium, the latest for financial year 2024.Annual accounts 2024 (PDF)

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