EMALIS
ActiveSummary
EMALIS has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €163,070 and a net result of €93,751. Equity is growing by ~42.9% per year across the filed fiscal years. Its solvency ranks better than 59% of 15369 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability100▲+3
Solvency92▼-7
Growth78=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €14,000 at 30 days acceptable
Liquidity tight (current ratio 1.32 against 0.72 in 2023; short-term debt: 23.5% and cash: 31.1% of total assets), and 33.1% of the assets are financed with debt.
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Signals
Three signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 69
Relative position
BE, all sectors
reference
Legal and accounting activities (NACE 69)
about 77% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 26-06-2025, 35 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
not confirmed
2024
35 d early
2023
37 d early
2022
35 d early
2021
34 d early
2020
29 d early
2019
38 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 35 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
Equity
€163,070▲ 49.2%
2023 · €109,319
Total assets
€243,676▲ 64.9%
2023 · €147,775
Net result
€93,751▲ 165%
2023 · €35,402
Working capital
€18,501
2023 · -€10,774
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 69, Legal and accounting activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€23,953▼ 29.2%€29,450▲ 22.9%€25,893▼ 12.1%€55,539▲ 114%€118,732▲ 114%
Net result€14,499within the sector's middle half▼ 27.7%€17,944within the sector's middle half▲ 23.8%€15,225within the sector's middle half▼ 15.2%€35,402within the sector's middle half▲ 133%€93,751above the sector's middle half▲ 165%
Equity€40,748within the sector's middle half▲ 55.2%€58,692within the sector's middle half▲ 44.0%€73,917within the sector's middle half▲ 25.9%€109,319within the sector's middle half▲ 47.9%€163,070within the sector's middle half▲ 49.2%
Total assets€86,509below the sector's middle half▲ 36.3%€98,831below the sector's middle half▲ 14.2%€108,165within the sector's middle half▲ 9.4%€147,775within the sector's middle half▲ 36.6%€243,676within the sector's middle half▲ 64.9%
Debt€45,761▲ 22.9%€40,139▼ 12.3%€34,248▼ 14.7%€38,455▲ 12.3%€80,606▲ 110%
Working capital-€7,382-€10,827▼ 46.7%-€17,095▼ 57.9%-€10,774▲ 37.0%€18,501
Solvency47.1%within the sector's middle half▲ 5.8pp59.4%within the sector's middle half▲ 12.3pp68.3%within the sector's middle half▲ 9.0pp74.0%within the sector's middle half▲ 5.6pp66.9%within the sector's middle half▼ 7.1pp
above
within
below
the middle half (P25 to P75) of NACE 69, Legal and accounting activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 114% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €243,676
Fixed assets
€167,932 ▲ 39.8%
Current assets
€75,744 ▲ 174%
Equity and liabilities €243,676
Equity
€163,070 ▲ 49.2%
Debt
€80,606 ▲ 110%
Debt's share of the balance-sheet total rises from 26.0% to 33.1%. Equity and debt are higher.
Key figures and ratios
EBITDA
€119,720
Cash flow
€94,739
Current ratio
1.32▲
2023 · 0.72
Debt to equity
0.49▲
2023 · 0.35
ROE
57.5%▲
2023 · 32.4%
ROA
38.5%▲
2023 · 24.0%
Interest coverage
587.44
Debt ≤ 1 year
€57,243▲
2023 · €38,455
Debt > 1 year
€23,363
Income taxes
€24,791▲
2023 · €19,811
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 26,964 companies that looked in July 2024 the way this one looks now, 1.5% went bankrupt within 24 months and 95% are still going.
- Micro
- 5 to 10 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
1.5%
went bankrupt
3.4%
stopped otherwise
95%
still going
A further 0.3% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.3% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 26,964 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €8,469 | €8,469 | €8,469 | - | €988 | - |
| Other operating charges640/8 | - | €1,180 | €845 | €1,361 | €1,249 | ▼ 8.2% |
| Gross operating margin9900 | €33,591 | €39,098 | €35,207 | €56,900 | €120,969 | ▲ 113% |
| Operating profit (loss)9901 | €23,953 | €29,450 | €25,893 | €55,539 | €118,732 | ▲ 114% |
| Financial income75/76B | - | - | - | - | €14 | - |
| Recurring financial income75 | - | - | - | - | €14 | - |
| Financial charges65/66B | - | €495 | €365 | €326 | €204 | ▼ 37.4% |
| Recurring financial charges65 | €559 | €495 | €365 | €326 | €204 | ▼ 37.4% |
| Profit (loss) for the period before taxes9903 | €23,394 | €28,955 | €25,528 | €55,213 | €118,542 | ▲ 115% |
| Income taxes67/77 | €8,896 | €11,010 | €10,303 | €19,811 | €24,791 | ▲ 25.1% |
| Profit (loss) for the period9904 | €14,499 | €17,944 | €15,225 | €35,402 | €93,751 | ▲ 165% |
| Profit (loss) for the period to be appropriated9905 | €14,499 | €17,944 | €15,225 | €35,402 | €93,751 | ▲ 165% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €86,509 | €98,831 | €108,165 | €147,775 | €243,676 | ▲ 64.9% |
| Fixed assets21/28 | €65,032 | €80,563 | €96,094 | €120,094 | €167,932 | ▲ 39.8% |
| Tangible fixed assets22/27 | €16,938 | €8,469 | - | - | €47,839 | - |
| Furniture and vehicles24 | - | - | - | - | €45,575 | - |
| Leasing and similar rights25 | - | €8,469 | - | - | - | - |
| Other tangible fixed assets26 | - | - | - | - | €2,263 | - |
| Financial fixed assets28 | €48,094 | €72,094 | €96,094 | €120,094 | €120,094 | = |
| Current assets29/58 | €21,477 | €18,269 | €12,072 | €27,681 | €75,744 | ▲ 174% |
| Cash at bank and in hand54/58 | €21,477 | €18,269 | €12,072 | €27,681 | €75,744 | ▲ 174% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €86,509 | €98,831 | €108,165 | €147,775 | €243,676 | ▲ 64.9% |
| Equity10/15 | €40,748 | €58,692 | €73,917 | €109,319 | €163,070 | ▲ 49.2% |
| Contributions10/11 | - | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Reserves13 | €34,548 | €52,492 | €67,717 | €103,119 | €156,870 | ▲ 52.1% |
| Distributable reserves133 | - | €52,492 | €67,717 | €103,119 | €156,870 | ▲ 52.1% |
| Amounts payable17/49 | €45,761 | €40,139 | €34,248 | €38,455 | €80,606 | ▲ 110% |
| Amounts payable after more than one year17 | €16,902 | €11,043 | €5,081 | - | €23,363 | - |
| Financial debts170/4 | - | €11,043 | €5,081 | - | €23,363 | - |
| Amounts payable within one year42/48 | €28,859 | €29,096 | €29,167 | €38,455 | €57,243 | ▲ 48.9% |
| Current portion of amounts payable after more than one year42 | - | €5,859 | €5,962 | €5,081 | €7,303 | ▲ 43.7% |
| Taxes, remuneration and social security45 | - | €20,840 | €21,779 | €31,374 | €13,629 | ▼ 56.6% |
| Taxes450/3 | - | €20,840 | €21,779 | €31,374 | €13,629 | ▼ 56.6% |
| Other amounts payable47/48 | - | €2,397 | €1,425 | €2,000 | €36,312 | ▲ 1,716% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €14,499 | €17,944 | €15,225 | €35,402 | €93,751 | ▲ 165% |
| + Depreciation and write-downs630 | €8,469 | €8,469 | €8,469 | - | €988 | - |
| Operating cash flow (approximation) | €22,968 | €26,413 | €23,694 | €35,402 | €94,739 | ▲ 168% |
| Investment in fixed assets (approximation) | - | -€24,000 | -€24,000 | -€24,000 | -€48,827 | ▼ 103% |
| Change in cash | - | -€3,209 | -€6,197 | €15,609 | €48,063 | ▲ 208% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
26-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2019net €93,751 ▲165%
Operating result €118,732, net result €93,751, both a record.
31-12
Financial
Equity above €150,000Eq €163,070 ▲49.2%
6 profitable years in a row build equity to €163,070.
24-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Equity above €100,000Eq €109,319 ▲47.9%
5 profitable years in a row build equity to €109,319.
26-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
27-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
02-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Weakest financial yearnet €14,499 ▼27.7%
Net result drops to €14,499, the lowest in the series; recovery starts the following year.
23-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
2 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, Kraainem · 1 establishment unit since 2019
Ground area
521 m²
Building footprint
89 m²
Volume, LiDAR
522 m³
Parcel 22002B0085/00E003, Flanders · tallest building 9.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Koningin Astridlaan 211, 1950 Kraainem
since 20192.282.554.906
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 22002B0085/00E003 | Flanders | 521 m² | 1 · 89 m² | 9.1 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
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MC ACCOUNTING
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Wingene · Eq €163,147
Of 12,174 companies in sector 69201 we hold annual accounts for 7,638. 6,502 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded11-12-2018
Fiscal year end31-12
Activities, NACEBEL 2025
69201Certified accountants and tax accountants
E-invoicing
Reachable via Peppol
Peppol ID
0208:0715688764
Also
9925:BE0715688764
Registered
30-10-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.