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EM TECHNOLOGY

Active
Private limited companyfounded 2019active for 7 yearsTige Caton 23, 5310 Eghezée, BelgiumKBO/BCE: BE 0727.674.402

Financials · financial year 2025, full format

2025 annual accounts filed 20 days after the deadline Filed on 20 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00409132.

Annual accounts 2025 filed on 20-08-2026 at the NBB all 7 filings

Turnover
≈ €110,000
Estimated: probably between €86,000 and €150,000
EBIT margin
Not included in this filing
Net result
€15,927▲ 13×
2024 · €1,228
Working capital
€27,073▲ 127%
2024 · €11,944
Trend over the years

2021 to 2025, 5 financial years 2019 to 2025, 7 financial years

The operating result for 2025 is nearly 20 times that of 2024 and the highest since 2021. It is a recovery after the fall in 2024.

Operating result€28,067 2025 Net result€15,927 2025

Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.

Use the arrow keys on the chart for the figures per year.

The sector band is the middle half of the companies in Computer programming, consultancy and related activities (NACE 62). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30. The dashed line is the median. There is a sector band for net result, equity, total assets, working capital, solvency, current ratio and return on assets (ROA).

Every figure with its change against the financial year before
favourable unfavourable
Line2019202020212022202320242025
Operating result-€5,757-€10,093€7,861▼ 22.1%€1,463▼ 81.4%€1,687▲ 15.4%€1,439▼ 14.7%€28,067▲ 20×
Net result-€5,984-€8,483within the sector's middle half€6,271within the sector's middle half▼ 26.1%-€2,189below the sector's middle half-€938below the sector's middle half▲ 57.1%€1,228within the sector's middle half€15,927within the sector's middle half▲ 13×
Equity-€2,484-€5,999below the sector's middle half€12,270below the sector's middle half▲ 105%€13,684below the sector's middle half▲ 11.5%€12,745below the sector's middle half▼ 6.9%€13,973below the sector's middle half▲ 9.6%€29,900below the sector's middle half▲ 114%
Total assets€17,995-€29,038below the sector's middle half▲ 61.4%€21,949below the sector's middle half▼ 24.4%€18,975below the sector's middle half▼ 13.5%€17,399below the sector's middle half▼ 8.3%€21,742below the sector's middle half▲ 25.0%€74,510below the sector's middle half▲ 243%
Debt€20,479-€23,038▲ 12.5%€9,678▼ 58.0%€5,291▼ 45.3%€4,654▼ 12.1%€7,769▲ 67.0%€44,610▲ 474%
Working capital-€1,917-€4,697below the sector's middle half€8,937below the sector's middle half▲ 90.3%€13,684within the sector's middle half▲ 53.1%€12,745within the sector's middle half▼ 6.9%€11,944within the sector's middle half▼ 6.3%€27,073within the sector's middle half▲ 127%
Solvency-13.8%-20.7%below the sector's middle half▲ 34.5pp55.9%within the sector's middle half▲ 35.2pp72.1%within the sector's middle half▲ 16.2pp73.3%above the sector's middle half▲ 1.1pp64.3%within the sector's middle half▼ 9.0pp40.1%within the sector's middle half▼ 24.1pp
Current ratio0.80-1.27below the sector's middle half▲ 0.471.92within the sector's middle half▲ 0.653.59within the sector's middle half▲ 1.663.74above the sector's middle half▲ 0.152.54within the sector's middle half▼ 1.201.72within the sector's middle half▼ 0.82
Return on assets (ROA)-33.3%-29.2%above the sector's middle half▲ 62.5pp28.6%above the sector's middle half▼ 0.6pp-11.5%below the sector's middle half▼ 40.1pp-5.4%below the sector's middle half▲ 6.1pp5.6%within the sector's middle half▲ 11.0pp21.4%above the sector's middle half▲ 15.7pp
above within below The sector band is the middle half of the companies in Computer programming, consultancy and related activities (NACE 62). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €74,510
Fixed assets €9,781 ▲ 382%
Current assets €64,729 ▲ 228%
Equity and liabilities €74,510
Equity €29,900 ▲ 114%
Debt €44,610 ▲ 474%
Debt's share of the balance-sheet total rises from 35.7% to 59.9%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€29,066▲
2024 · €1,700
Cash flow
€16,926▲
2024 · €1,488
Debt to equity
1.49▲
2024 · 0.56
ROE
53.3%▲
2024 · 8.8%
Interest coverage
6.48▼
2024 · 8.04
Debt ≤ 1 year
€37,655▲
2024 · €7,769
Debt > 1 year
€6,955
Income taxes
€7,654
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.

Comparable companies

These companies have the same main activity as EM TECHNOLOGY: computer consultancy and computer facilities management (NACE 62200). They are comparable in size and age: total assets between €70,800 and €87,500, founded between 2019 and 2020.

CompanyFoundedTotal assetsEquityGross marginNet resultFinancial year
EM TECHNOLOGY Eghezée2019€74,510€29,900€31,672€15,9272025
MaïeuTIC Namur2019€75,364€29,370€26,974€3,2762025
i-FAST Sambreville2019€87,534€68,328€29,821€17,7032025
WHIZZKIDZ Oostende2019€73,196€3,000€30,307€17,5442025
Borgers Consultancy Wijnegem2020€70,837€24,887€30,563€17,3872025
EVO KEEP Fleurus2020€79,299€8,973€30,458€18,2242025
TEQUILA AUTOMATION Mechelen2020€80,442€18,821€31,604€15,9212025

They were chosen from the 18,969 other active companies with that main activity and annual accounts from the past two years. All companies with this main activity

Companies with the same profile, two years later

Historical observation

In July 2024, 26,972 companies had the same profile as EM TECHNOLOGY has now. Two years later, 1.6% had gone bankrupt and 94.9% were still going.

  • Micro
  • 5 to 10 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.6% went bankrupt
3.4% stopped otherwise
94.9% was still going

Another 0.1% stopped without a precise date, possibly only after those two years.

The bankruptcy probability of EM TECHNOLOGY itself is lower: 0.2% within 12 months. It rests on far more data about EM TECHNOLOGY than the profile alone.

Test of the method

The method was tested on the 497,445 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 26,972 companies, not a prediction for EM TECHNOLOGY. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 39 lines

Source: Annual accounts 2025 at the NBB, filed on 20-08-2026.

Balance sheet Code20242025
Assets
Total assets20/58€21,742€74,510▲
Fixed assets21/28€2,028€9,781▲
Tangible fixed assets22/27€2,028€9,781▲
Furniture and vehicles24€2,028€1,265▼
Other tangible fixed assets26-€8,516
Current assets29/58€19,714€64,729▲
Amounts receivable within one year40/41€14,765€59,662▲
Trade receivables40€11,931€11,011▼
Other amounts receivable41€2,834€48,651▲
Current investments50/53€235€235=
Cash at bank and in hand54/58€4,714€4,832▲
Equity and liabilities
Total equity and liabilities10/49€21,742€74,510▲
Equity10/15€13,973€29,900▲
Contributions10/11€7,103€7,103=
Capital10€7,103€7,103=
Issued capital100€7,103€7,103=
Profit (loss) carried forward14€6,870€22,797▲
Amounts payable17/49€7,769€44,610▲
Amounts payable after more than one year17-€6,955
Financial debts170/4-€6,955
Amounts payable within one year42/48€7,769€37,655▲
Current portion of amounts payable after more than one year42-€7,542
Trade debts44€4,796€21,530▲
Suppliers440/4€4,796€21,530▲
Taxes, remuneration and social security45€2,973€8,584▲
Taxes450/3€2,135€8,584▲
Remuneration and social security454/9€838-
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€261€999▲
Other operating charges640/8€2,966€2,606▼
Gross operating margin9900€4,666€31,672▲
Operating profit (loss)9901€1,439€28,067▲
Financial charges65/66B€211€4,487▲
Recurring financial charges65€211€4,487▲
Profit (loss) for the period before taxes9903€1,228€23,580▲
Income taxes67/77-€7,654
Profit (loss) for the period9904€1,228€15,927▲
Profit (loss) for the period to be appropriated9905€1,228€15,927▲
Appropriation of the result
Profit (loss) to be appropriated9906€6,870€22,797▲
Profit (loss) brought forward from the previous period14P€5,642€6,870▲

The notes to these accounts have 6 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Line2019202020212022202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5,998€3,794€3,794€3,333-€261€999▲ 283%
Other operating charges640/8--€1,237€1,109€1,297€2,966€2,606▼ 12.1%
Gross operating margin9900€255€13,905€12,891€5,905€2,984€4,666€31,672▲ 579%
Operating profit (loss)9901-€5,757€10,093€7,861€1,463€1,687€1,439€28,067▲ 20×
Recurring financial income75€0-------
Financial charges65/66B--€1,590€1,778€186€211€4,487▲ 21×
Recurring financial charges65€227€148€1,590€1,778€186€211€4,487▲ 21×
Profit (loss) for the period before taxes9903-€5,984€9,945€6,271-€315€1,501€1,228€23,580▲ 19×
Income taxes67/77-€1,462-€1,874€2,439-€7,654-
Profit (loss) for the period9904-€5,984€8,483€6,271-€2,189-€938€1,228€15,927▲ 13×
Profit (loss) for the period to be appropriated9905-€5,984€8,483€6,271-€2,189-€938€1,228€15,927▲ 13×
Line2019202020212022202320242025Change
Assets
Total assets20/58€17,995€29,038€21,949€18,975€17,399€21,742€74,510▲ 243%
Fixed assets21/28€10,254€7,127€3,333--€2,028€9,781▲ 382%
Tangible fixed assets22/27€10,254€7,127€3,333--€2,028€9,781▲ 382%
Furniture and vehicles24--€3,333--€2,028€1,265▼ 37.6%
Other tangible fixed assets26------€8,516-
Current assets29/58€7,741€21,910€18,615€18,975€17,399€19,714€64,729▲ 228%
Amounts receivable within one year40/41-€14,064€8,352€10,061€10,463€14,765€59,662▲ 304%
Trade receivables40--€4,979€8,108€7,981€11,931€11,011▼ 7.7%
Other amounts receivable41--€3,374€1,953€2,481€2,834€48,651▲ 17×
Current investments50/53-€235€235€235€235€235€235=
Cash at bank and in hand54/58€7,741€7,612€10,028€8,679€6,702€4,714€4,832▲ 2.5%
Equity and liabilities
Total equity and liabilities10/49€17,995€29,038€21,949€18,975€17,399€21,742€74,510▲ 243%
Equity10/15-€2,484€5,999€12,270€13,684€12,745€13,973€29,900▲ 114%
Contributions10/11€3,500€3,500€3,500€7,103€7,103€7,103€7,103=
Capital10--€3,500€7,103€7,103€7,103€7,103=
Issued capital100--€3,500€7,103€7,103€7,103€7,103=
Profit (loss) carried forward14-€5,984€2,499€8,770€6,581€5,642€6,870€22,797▲ 232%
Amounts payable17/49€20,479€23,038€9,678€5,291€4,654€7,769€44,610▲ 474%
Amounts payable after more than one year17€10,821€5,825----€6,955-
Financial debts170/4------€6,955-
Amounts payable within one year42/48€9,658€17,214€9,678€5,291€4,654€7,769€37,655▲ 385%
Current portion of amounts payable after more than one year42------€7,542-
Trade debts44€4,698€5,139€3,933€155€426€4,796€21,530▲ 349%
Suppliers440/4--€3,933€155€426€4,796€21,530▲ 349%
Taxes, remuneration and social security45--€5,746€5,137€4,228€2,973€8,584▲ 189%
Taxes450/3--€5,746€5,137€4,228€2,135€8,584▲ 302%
Remuneration and social security454/9-----€838--
Line2019202020212022202320242025Change
Profit (loss) for the period9904-€5,984€8,483€6,271-€2,189-€938€1,228€15,927▲ 13×
+ Depreciation and write-downs630€5,998€3,794€3,794€3,333-€261€999▲ 283%
Operating cash flow (approximation)€14€12,277€10,065€1,144-€938€1,488€16,926▲ 11×
Investment in fixed assets (approximation)--€667€0----€8,752-
Change in cash--€129€2,416-€1,349-€1,978-€1,988€118-

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (7)
Financial year Type Filed Reference Document
31-12-2025 full format 20-08-2026 2026-00409132 NBB
31-12-2024 full format 25-06-2025 2025-00175298 PDF
31-12-2023 full format 15-07-2024 2024-00243037 PDF
31-12-2022 micro format 24-08-2023 2023-00355440 PDF
31-12-2021 micro format 23-08-2022 2022-20312060 PDF
31-12-2020 micro format 31-08-2021 2021-65600223 PDF
31-12-2019 micro format 30-11-2020 2020-74600239 PDF

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