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EM & PARTNERS

Active
Coöperatieve vennootschap met beperkte aansprakelijkheidfounded 201214 yrs activeAarlenstraat 22, 1050 Elsene, BelgiumKBO/BCE: BE 0843.651.560

EM & PARTNERS has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €199k and a net result of €32k. Equity is growing by ~15.3% per year across the filed fiscal years. Its solvency ranks better than 30% of 3186 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Checked score

Score 2025
71 / 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability75▼-2
Solvency55▲+5
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €14k at 30 days acceptable
Liquidity ample (current ratio 2.53 against 3.3 in 2024; short-term debt: 35.9% and cash: 6.6% of total assets), but 70.4% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Eight signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies more bankruptcies →
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
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
elevated failure risk from 2 to 8 years 14 years 0 20 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
29.6%
Return on assets
4.8%
Age of the figures
15 mo
neutral · Filed after the deadline
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 28-02-2026, 28 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 filings
Deviation from the deadline
2025
28 d late
2024
28 d late
2023
50 d late
2022
42 d late
2021
25 d late
2020
27 d late
2019
28 d late
← before the deadline after the deadline →
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.
Companies Code · seven months
Position in the running window
30-06-2026 close23-09-2026 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

Financials · fiscal year 2025, full schema

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

Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€32k▼ 39.0%
2024 · €52k
2019: €40k 2020: €56k 2021: €24k 2022: €99k 2023: €56k 2024: €52k
2019 → 2025
Working capital
€370k▼ 30.3%
2024 · €531k
2019: €77k 2020: €117k 2021: €183k 2022: €162k 2023: €174k 2024: €531k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€126k-€154k▲ 22.4%€180k▲ 16.9%€207k▲ 15.3%€199k▼ 3.9%
Operating result€44k-€127k▲ 189%€98k▼ 23.4%€86k▼ 11.7%€58k▼ 32.1%
Net result€24k-€99k▲ 310%€56k▼ 43.4%€52k▼ 6.3%€32k▼ 39.0%
Result per fiscal year
Operating resultNet result
€0€50k€100k€150kOperating result 2021: €44k€44kNet result 2021: €24k€24kOperating result 2022: €127k€127kNet result 2022: €99k€99kOperating result 2023: €98k€98kNet result 2023: €56k€56kOperating result 2024: €86k€86kNet result 2024: €52k€52kOperating result 2025: €58k€58kNet result 2025: €32k€32k20212022202320242025
The operating result has fallen three years in a row; 2025 is 32% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €673k
Fixed assets €61k▼ 6.0%
Current assets €612k▼ 19.6%
Equity and liabilities €673k
Equity €199k▼ 3.9%
Debt €474k▼ 23.4%
The debt ratio falls from 74.9% to 70.4%. Equity and debt are lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€88k
2024 · €111k
Cash flow
€61k
2024 · €78k
Solvency
29.6%
2024 · 25.1%
Current ratio
2.53
2024 · 3.30
Quick ratio
2.53
2024 · 3.30
Debt / equity
2.38
2024 · 2.98
ROE
16.1%
2024 · 25.3%
ROA
4.8%
2024 · 6.3%
Interest coverage
8.98
2024 · 8.63
Debt
€474k
2024 · €619k
Debt ≤ 1 year
€242k
2024 · €231k
Debt > 1 year
€10k
2024 · €33k
Income taxes
€17k
2024 · €21k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet Code20242025
Assets
Total assets20/58€826k€673k
Fixed assets21/28€65k€61k
Intangible fixed assets21€18k€10k
Tangible fixed assets22/27€47k€51k
Furniture and vehicles24€47k€45k
Other tangible fixed assets26-€6k
Current assets29/58€761k€612k
Amounts receivable after more than one year29€160k€0
Other amounts receivable291€160k€0
Amounts receivable within one year40/41€448k€548k
Trade receivables40€284k€288k
Other amounts receivable41€165k€260k
Cash at bank and in hand54/58€122k€44k
Deferred charges and accrued income490/1€31k€20k
Equity and liabilities
Total equity and liabilities10/49€826k€673k
Equity10/15€207k€199k
Contributions10/11€17k€17k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€188k€180k
Amounts payable17/49€619k€474k
Amounts payable after more than one year17€33k€10k
Financial debts170/4€33k€10k
Amounts payable within one year42/48€231k€242k
Current portion of amounts payable after more than one year42€61k€24k
Financial debts43€12k€35k
Credit institutions430/8€12k€35k
Trade debts44€96k€92k
Suppliers440/4€96k€92k
Taxes, remuneration and social security45€26k€41k
Taxes450/3€26k€41k
Other amounts payable47/48€36k€50k
Accrued charges and deferred income492/3€356k€222k
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€25k€29k
Other operating charges640/8€2k€7k
Gross operating margin9900€114k€94k
Operating profit (loss)9901€86k€58k
Financial income75/76B€236€427
Recurring financial income75€236€427
Financial charges65/66B€13k€10k
Recurring financial charges65€13k€10k
Profit (loss) for the period before taxes9903€73k€49k
Income taxes67/77€21k€17k
Profit (loss) for the period9904€52k€32k
Profit (loss) for the period to be appropriated9905€52k€32k
Appropriation of the result
Profit (loss) to be appropriated9906€213k€220k
Profit (loss) brought forward from the previous period14P€161k€188k
Profit to be distributed694/7€25k€40k
Return on contributions (dividend)694€25k€40k

The notes to these accounts (16 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-01-2027
2026
28-02
NBB filing Annual accounts filed
fiscal year 2025 · full schema · 28 days late
2025
28-02
NBB filing Annual accounts filed
fiscal year 2024 · full schema · 28 days late
2024
30-06
Financial Liquidity doublescurrent ratio 3.30
Current ratio from 1.57 to 3.30; short-term debt falls from €305k to €231k.
30-06
Financial Equity above €200kEq €207k ▲15.3%
6 profitable years in a row build equity to €207k.
21-03
NBB filing Annual accounts filed
fiscal year 2023 · full schema · 50 days late
2023
14-03
NBB filing Annual accounts filed
fiscal year 2022 · full schema · 42 days late
2022
30-06
Financial Highest result since 2019net €99k ▲310%
Operating result €127k, net result €99k, both a record.
30-06
Financial Equity above €150kEq €154k ▲22.4%
4 profitable years in a row build equity to €154k.
25-02
NBB filing Annual accounts filed
fiscal year 2021 · full schema · 25 days late
2021
30-06
Financial Weakest financial yearnet €24k ▼56.9%
Net result drops to €24k, the lowest in the series; recovery starts the following year.
27-02
NBB filing Annual accounts filed
fiscal year 2020 · full schema · 27 days late
2020
30-06
Financial Equity above €100kEq €127k ▲47.9%
2 profitable years in a row build equity to €127k.
28-02
NBB filing Annual accounts filed
fiscal year 2019 · full schema · 28 days late
2019
26-02
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 26 days late
2018
31-01
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
27-02
NBB filing Annual accounts filed
fiscal year 2016 · full schema · 27 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
5 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, Elsene · 1 establishment unit since 2012
establishment The establishment unit on the map
Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Aarlenstraat 221050 Elsene
Ground area
487 m²
Building footprint
241 m²
Volume, LiDAR
2,913 m³
Parcel 21442A0007/00B019, Brussels · tallest building 19.8 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
Aarlenstraat 22, 1050 Elsene
Warehousing and support activities for transportation
since 20122.221.572.786
1 parcel
Brussels 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21442A0007/00B019
ProtectedMonumentGeheel van neoclassicistisch huizen - LuxemburgpleinSource ↗
Brussels 487 m² 1 · 241 m² 19.8 m · 5 fl.
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
1 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).

Public money · subsidies and aid

Federal government

2023 to 2025 · 3 entries · 130,358 EUR in total
Year Department Transactions Amount
2025 FOD Mobiliteit 1 18,257 EUR
2024 FOD Mobiliteit 1 105,600 EUR
2023 FOD Mobiliteit 1 6,501 EUR
Budget allocations
Toelagen inzake mobiliteit en vervoer aan de privésector (cf. art. 2.33.2 van de algemene uitgavenbegroting)
2 entries · 123,857 EUR
Samenwerkingsakkoord - Kapitaaloverdrachten naar lokale overheden
1 entry · 6,501 EUR

Similar companies · same sector, comparable size

Of 82,569 companies in sector 70200 we hold annual accounts for 52,577. 40,074 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formCoöperatieve vennootschap met beperkte aansprakelijkheid
Founded14-02-2012
Fiscal year end30-06
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
80010Investigation and private security services
80100Investigation and security activities
81300Landscape service activities
82300Organisation of conventions and trade shows
85592Vocational training
Sources
Crossroads Bank for EnterprisesNational Bank · 13 filingsAddress and cadastre registers

Data from official sources, last processed on 23-09-2026. Scores and ratios are computed by Checked and are not a credit decision.

Contact details

5 entries
Enterprise
E-mail:info@espaces-mobilites.com
Enterprise
Phone:025131336
Enterprise
Fax:025131424
Enterprise
E-mail:xavier@espaces-mobilites.com
Establishment Elsene 2.221.572.786