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EMA ET KHA

Active
Private limited companyfounded 2004active for 22 yearsHoogstraat 347, 1000 Brussel, BelgiumKBO/BCE: BE 0863.181.521

From the official registers: KBO 21 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

The annual accounts of EMA ET KHA for financial year 2024 show a net loss of 53% of total assets. The 2024 annual accounts show equity of €14,049 and a net result of -€8,125. Equity has been growing by about 15% per year since 2018. Its solvency ranks better than 95% of 25,566 sector peers (NACE 47, financial year 2024). The company has been active since 2004 and the Belgian Official Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.7% (low).

Overview

Official details

KBO
Status
Active since 03-02-2004 Normal situation
Legal form
Private limited company
Registered office
Hoogstraat 347, 1000 Brussel
Activity
Retail sale of clothing and accessories for women, men, children and babies (general range) NACE 47716
Establishment units
2.136.087.478 1000 Brussel, since 01-04-2004
2.201.124.097 1000 Brussel, since 10-08-2011
Financial year end
31 December
Peppol
Reachable since 30-12-2025

Board and ownership

Board

Financial position

56 Fair Checked score 2024
Bankruptcy probabilitywithin 12 months
0.7%
Annual accounts 2024
Gross margin
-€5,399
Loss
€8,125
Equity
€14,049
▼ 36.6%
Total assets
€15,350
▼ 38.4%
Turnover not published (micro format)2025 accounts not filed, 93 days past the deadline
Filed on 23-08-2025PDF
Score breakdownraises riskCapped at 59: a net loss of at least half of total assets or of the equity at the start of the financial yearFigures for financial year 2024 (filed on 25-08-2025)lowers riskLiquidity: current ratio 11.73, cash €10,744Founded in 2004Equity €14,049 (91.5% of total assets)Show the evidence

Checked score

Score 2024
56 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 53% of micro companies in retail trade (NACE 47)
A net loss of at least half of total assets or of the equity at the start of the financial year caps the score at 59. Every signal that counts is listed under Signals.
Financial strength · tick: 2023
Strong
Solvency 100=
equity 91.5% of total assets
Liquidity 100+25
short-term debt 8.5% · cash 70.0%
Profitability 0-65
return on assets -52.9%
Bankruptcy probability within 12 months
0.7% Low
0%0.5%1.5%4%10%≥ 25%

About 7 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.6% (40,270 companies, NACE 47, micro)
Last 24 months 11-2024: 0.2% 12-2024: 0.2%● unchanged vs 11-2024 01-2025: 0.2%● unchanged vs 12-2024lowest value 02-2025: 0.2%● unchanged vs 01-2025lowest value 03-2025: 0.2%● unchanged vs 02-2025 04-2025: 0.2%● unchanged vs 03-2025 05-2025: 0.2%● unchanged vs 04-2025 06-2025: 0.2%● unchanged vs 05-2025 07-2025: 0.3%▲ +0.1 percentage points vs 06-2025 08-2025: 0.4%▲ +0.1 percentage points vs 07-2025 09-2025: 0.3%▼ -0.1 percentage points vs 08-2025 10-2025: 0.3%● unchanged vs 09-2025 11-2025: 0.3%● unchanged vs 10-2025 12-2025: 0.3%● unchanged vs 11-2025 01-2026: 0.3%● unchanged vs 12-2025 02-2026: 0.3%● unchanged vs 01-2026 03-2026: 0.3%● unchanged vs 02-2026 04-2026: 0.3%● unchanged vs 03-2026 05-2026: 0.3%● unchanged vs 04-2026 06-2026: 0.3%● unchanged vs 05-2026 07-2026: 0.3%● unchanged vs 06-2026 08-2026: 0.5%▲ +0.2 percentage points vs 07-2026 09-2026: 0.5%● unchanged vs 08-2026 10-2026: 0.7%▲ +0.2 percentage points vs 09-2026highest value
Credit of up to €500 on 30-day terms, only on tighter conditions: an expected filing is missing beyond Checked's processing allowance
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity is ample, with a current ratio of 11.73 (9.0 in 2023), above the usual 1.5. Short-term debt is 8.5% and cash 70% of total assets. 8.5% of the assets are financed with debt and provisions.
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 47, micro). It does better than 92% of them on solvency, 99% on liquidity, 6% on profitability and 14% 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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Signals

Six signals.
lowers riskraises risk
lowers risk · Liquidity: current ratio 11.73, cash €10,744
NBB · annual accounts
lowers risk · Founded in 2004
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Equity €14,049 (91.5% of total assets)
NBB · annual accounts
raises risk · Figures for financial year 2024 (filed on 25-08-2025)
NBB · annual accounts
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 · 10 filings
Position against the passed deadline
31-12-2025 year end31-07-2026 deadline01-11-2026 today
raises risk · 2024 accounts filed 23 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 23-08-2025, 23 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
not filed
2024
23 days late
2023
31 days late
2022
19 days late
2021
14 days late
2020
26 days late
2019
27 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 23 days after the deadline. In the sector (NACE 47), the median for financial year 2024 was on the deadline day, and 47% 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

  • Caution: Board changedlatest change 20-04-2026 · 1 in office 1 joined · 2 left View
  • Positive: Higher solvency than 95% of companies in retail tradesector median 32.2% · 25,566 companies 91.5% View

Documents

Annual accounts at the NBB

All 21 annual accounts

Articles and registers

Key facts about EMA ET KHA

What is the company number of EMA ET KHA?
The company number of EMA ET KHA is 0863.181.521. The VAT number is the same number with BE in front: BE 0863.181.521.
Where is EMA ET KHA based?
The registered office is at Hoogstraat 347, 1000 Brussel.Company details
What does EMA ET KHA do?
According to the KBO register, the main activity is retail sale of clothing and accessories for women, men, children and babies (general range) (NACE 47716).
What is the legal form of EMA ET KHA?
The legal form of EMA ET KHA is Private limited company (BV).
When was EMA ET KHA founded?
EMA ET KHA was founded on 03-02-2004.
Is EMA ET KHA still active?
Yes, EMA ET KHA is an active enterprise in the KBO register.
What is the turnover of EMA ET KHA?
The annual accounts for financial year 2024 state no turnover. The micro format does not require it.Financials
Is EMA ET KHA profitable?
In financial year 2024, EMA ET KHA made a loss of €8,125.
Where can I find the annual accounts of EMA ET KHA?
EMA ET KHA filed 21 annual accounts with the National Bank of Belgium, the latest for financial year 2024.Annual accounts 2024 (PDF)

Comparable companies

These companies have the same main activity as EMA ET KHA: retail sale of clothing and accessories for women, men, children and babies (general range) (NACE 47716). They are comparable in size and age: total assets between €13,200 and €17,100, founded between 2000 and 2007.

CompanyTotal assetsGross margin
EMA ET KHA Brussel€15,350-€5,399
DJAMILA Brussel€17,052-€19,114
Alemax Brecht€17,027-€5,892
FURKAN TEX Gent€13,193-€2,303
CALIDI 33 Neupré€13,986-€860
TREND TRADING Deinze€16,280-€10,336
SMILING FACE Waterloo€16,805-€3,030
Full comparison

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