EM.TECH
Bankruptcy closedInactive since 10-10-2026; last annual accounts for financial year 2021.
Summary
EM.TECH was declared bankrupt on 24-06-2025 (Ondernemingsrechtbank Brussel); the bankruptcy was closed for insufficient assets by judgment of 06-10-2026, published in the Belgian Official Gazette on 14-10-2026.
Financials · financial year 2021, micro format
2021 annual accounts filed late (72 days) Filed on 11 October 2022, deadline 31 July 2022 (7 months after the close on 31 December 2021, Companies Code art. 3:10). Source: NBB, 2022-20457830.
2019 to 2021, 3 financial years
The operating result falls in 2021; 2021 is 12% below 2020.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Use the arrow keys on the chart for the figures per year.
| Line | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €303 | €1,706 | €5,204 | ▲ 205% |
| Other operating charges640/8 | - | - | €569 | - |
| Gross operating margin9900 | -€4,755 | €49,190 | €47,016 | ▼ 4.4% |
| Operating profit (loss)9901 | -€5,292 | €47,050 | €41,243 | ▼ 12.3% |
| Financial income75/76B | - | - | €3,656 | - |
| Recurring financial income75 | €375 | €2,533 | €3,656 | ▲ 44.4% |
| Financial charges65/66B | - | - | €120 | - |
| Recurring financial charges65 | €83 | €600 | €120 | ▼ 80.0% |
| Profit (loss) for the period before taxes9903 | -€5,001 | €48,983 | €44,779 | ▼ 8.6% |
| Income taxes67/77 | - | €9,400 | €9,475 | ▲ 0.8% |
| Profit (loss) for the period9904 | -€5,001 | €39,583 | €35,304 | ▼ 10.8% |
| Profit (loss) for the period to be appropriated9905 | -€5,001 | €39,583 | €35,304 | ▼ 10.8% |
| Line | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €53,727 | €128,686 | €106,960 | ▼ 16.9% |
| Formation expenses20 | €491 | €381 | €260 | ▼ 31.6% |
| Fixed assets21/28 | €860 | €9,585 | €4,501 | ▼ 53.0% |
| Tangible fixed assets22/27 | €860 | €9,585 | €4,501 | ▼ 53.0% |
| Plant, machinery and equipment23 | - | - | €1,131 | - |
| Furniture and vehicles24 | - | - | €3,369 | - |
| Current assets29/58 | €52,376 | €118,721 | €102,199 | ▼ 13.9% |
| Amounts receivable within one year40/41 | €50,626 | €68,158 | €90,133 | ▲ 32.2% |
| Trade receivables40 | - | - | €16,499 | - |
| Other amounts receivable41 | - | - | €73,634 | - |
| Cash at bank and in hand54/58 | €1,749 | €50,014 | €12,066 | ▼ 75.9% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €53,727 | €128,686 | €106,960 | ▼ 16.9% |
| Equity10/15 | €7,399 | €46,982 | €82,285 | ▲ 75.1% |
| Contributions10/11 | €12,400 | - | €12,400 | - |
| Profit (loss) carried forward14 | -€5,001 | €34,582 | €69,885 | ▲ 102% |
| Amounts payable17/49 | €46,328 | €81,705 | €24,675 | ▼ 69.8% |
| Amounts payable within one year42/48 | €46,328 | €81,705 | €24,675 | ▼ 69.8% |
| Trade debts44 | €34,698 | €68,555 | - | - |
| Taxes, remuneration and social security45 | - | - | €24,675 | - |
| Taxes450/3 | - | - | €18,875 | - |
| Remuneration and social security454/9 | - | - | €5,800 | - |
| Line | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | -€5,001 | €39,583 | €35,304 | ▼ 10.8% |
| + Depreciation and write-downs630 | €303 | €1,706 | €5,204 | ▲ 205% |
| Operating cash flow (approximation) | -€4,698 | €41,288 | €40,508 | ▼ 1.9% |
| Investment in fixed assets (approximation) | - | -€10,430 | -€120 | ▲ 98.8% |
| Change in cash | - | €48,264 | -€37,947 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (3)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2021 | micro format | 11-10-2022 | 2022-20457830 |
| 31-12-2020 | micro format | 28-10-2021 | 2021-74000481 |
| 31-12-2019 | micro format | 18-12-2020 | 2020-76100597 |
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.