Equity
-€69,091
Debts exceed assets in financial year 2025.
EM3
Lifetime
1 annual account with figurespeak -€27,248 (2025)
-€27,248
lowest -€69,091 (2025)
-€69,091
peak -€69,091 (2025)
-€69,091
€114,446
Board1 name since 2024
1 directorMichel Culot
Documentsfilings and deeds
30-07-20261 day before the deadline
2025micro format
Loss of €69,091First year with figures
Key points
from the 2025 annual accountsDebts
€114,446 252% of the balance sheet
Suppliers 14%Taxes and wages 4%Other 82%
Position in the sector
-152.3%
Lower solvency than 95% of companies in office administrative support. Sector median 50.3% · 9,696 companies.
Turnover not published (micro format)
Checked score
53
Fair
Financially stronger than 12% of micro companies in office administrative support (NACE 82)
Probability in this band: 1.5% to 4.2%
Negative equity caps the score at 59.
Bankruptcy probability within 12 months
0.9% Low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.2% across 12,672 companies (NACE 82, micro).
About 9 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2025: 0.6%lowest value
12-2025: 0.6%● unchanged vs 11-2025
01-2026: 0.6%● unchanged vs 12-2025
02-2026: 0.7%▲ +0.1 percentage points vs 01-2026
03-2026: 0.7%● unchanged vs 02-2026
04-2026: 0.8%▲ +0.1 percentage points vs 03-2026
05-2026: 0.9%▲ +0.1 percentage points vs 04-2026
06-2026: 0.9%● unchanged vs 05-2026
07-2026: 0.9%● unchanged vs 06-2026
08-2026: 0.9%● unchanged vs 07-2026
09-2026: 0.9%● unchanged vs 08-2026
10-2026: 0.9%● unchanged vs 09-2026highest value
11-2026: 0.9%● unchanged vs 10-2026highest value
Financial strengthWeak
Score breakdown
raises risk
Capped at 59: negative equity
Negative equity -€69,091
Loss of €69,091 (financial year 2025)
lowers risk
Sector: Office administrative, office support and other business support activities (NACE 82)
Liquidity: current ratio 0.35, cash €15,648
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 82, micro). It does better than 5% of them on solvency, 27% on liquidity and 5% on profitability.
The bankruptcy probability was computed on 10-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% went bankrupt within twelve months.
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).
Comparable companies, two years later
In July 2024, 7,639 companies had the same profile as EM3 has now. Each dot stands for 20 companies, two years later.
84.7%
were still trading
5.6%
stopped another way
8.8%
went bankrupt
Another 0.8% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of EM3 itself is lower: 0.9% within 12 months. It rests on far more data about EM3 than the profile alone.
Test of the method
The method was tested on the 497,447 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.
| 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 7,639 companies, not a prediction for EM3. 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.
Credit verdict
No credit on open account
Liquidity is insufficient, with a current ratio of 0.35, below 1. Short-term debt is 252.3% and cash 34.5% of total assets. Equity is negative.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Seven signals.
lowers riskraises riskneutral
raises risk · Young company
Founded in 2024, 2 years ago. Young companies fail more often than established ones; the risk is highest 2 to 8 years after founding.
KBO · incorporation dateAge against the risk zone
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-07-2026, 1 day ahead of the deadline.
NBB · 1 filingDeviation from the deadline
2025
1 day early
← before the deadline
after the deadline →
Searched, nothing found (1)
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:1014942771
Purpose change
“À la consultance en matière de communication évènementielle; Aux activités de communication, entre autres…” (deed in French) · Gazette deed
Incorporation
Founding capital of €1,000, 100 shares · Founder: CULOT Michel Yves · Appointment: CULOT Michel Yves (director) · published on 14-10-2024 · Gazette deed
First establishment
Kamerdellelaan 85, Uccle
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| EM3 Uccle | €45,356 | -€27,248 | -152.3% | - |
| NOUVELAN Waregem | €37,856 | -€378 | -6.7% | - |
| Ommetoer De Haan | €40,425 | -€55,561 | -138.9% | - |
| Storia Event Anderlecht | €43,193 | -€3,182 | 100.0% | - |
| I WANT Beveren-Kruibeke-Zwijndrecht | €39,214 | -€567 | 31.1% | - |
| Milou Hospitality Services Oud-Heverlee | €35,417 | -€1,581 | -111.3% | - |
| BB EVENTS Bilzen-Hoeselt | €32,844 | €1,865 | -3.5% | - |
These companies have the same main activity as EM3: organisation of conventions and trade shows (NACE 82300). They are comparable in size and age: total assets between €32,800 and €43,200, founded between 2023 and 2024.
Official details
Source: KBO- Status
- Active since 10-10-2024Normal situation
- Activity
- Organisation of conventions and trade showsNACE 82300and 3 others
- Establishment unit
- 2.367.467.9141180 Uccle, since 10-10-2024
- Financial year end
- 31 December
- Peppol
- Reachable since 28-01-2026
Annual accounts 2025
- €45,356
- Employeeson 31-12-2025
- 1
- Filing
- Filed on 30-07-2026, 1 day before the end of the filing period
Insights on EM3
EM3 has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€69,091) and a net result of -€69,091.
Its solvency ranks better than 5% of 9,696 sector peers (NACE 82, financial year 2025). The computed 12-month bankruptcy probability is 0.9% (low).
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about EM3
- What is the company number of EM3?
- The company number of EM3 is 1014.942.771. The VAT number is the same number with BE in front: BE 1014.942.771.
- Where is EM3 based?
- The registered office is at Kamerdellelaan 85, 1180 Uccle.Company details
- What does EM3 do?
- According to the KBO register, the main activity is organisation of conventions and trade shows (NACE 82300).
- What is the legal form of EM3?
- EM3 is a private limited company (BV).
- When was EM3 founded?
- EM3 was founded on 10-10-2024.
- Is EM3 still active?
- Yes, EM3 is an active enterprise in the KBO register.
- How many employees does EM3 have?
- EM3 had an average of 0.8 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of EM3?
- The annual accounts for financial year 2025 state no turnover. The micro format does not require it.
- Is EM3 profitable?
- In financial year 2025, EM3 made a loss of €69,091.
- Where can I find the annual accounts of EM3?
- EM3 filed 1 annual account with the National Bank of Belgium, for financial year 2025.
Next steps
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