Emax
ActiveSummary
Emax has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €127,708 and a net result of -€86,191. Its solvency ranks better than 14% of 31958 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
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Signals
Checked, nothing found (1)
History
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Financials · fiscal year 2025, micro schema
Turnover and EBIT margin not published: the micro schema does not require them.
Peer companies
Historical observationOf the 819 companies that looked in July 2024 the way this one looks now, 1.8% went bankrupt within 24 months and 95% are still going.
- Small
- 5 to 10 years old
- solvency under 10%
- a small loss
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: 0.2% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.9% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
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 819 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.
| Line | 2025 |
|---|---|
| Non-recurring operating income76A | €0 |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €133,985 |
| Other operating charges640/8 | €2,276 |
| Non-recurring operating charges66A | €88,511 |
| Gross operating margin9900 | €150,667 |
| Operating profit (loss)9901 | -€74,105 |
| Financial income75/76B | €3,858 |
| Recurring financial income75 | €3,858 |
| Financial charges65/66B | €15,898 |
| Recurring financial charges65 | €15,898 |
| Profit (loss) for the period before taxes9903 | -€86,145 |
| Income taxes67/77 | €47 |
| Profit (loss) for the period9904 | -€86,191 |
| Profit (loss) for the period to be appropriated9905 | -€86,191 |
| Line | 2025 | |
|---|---|---|
| Assets | ||
| Total assets20/58 | €2.1m | |
| Fixed assets21/28 | €1.8m | |
| Tangible fixed assets22/27 | €1.8m | |
| Land and buildings22 | €944,086 | |
| Plant, machinery and equipment23 | €30,986 | |
| Furniture and vehicles24 | €1,892 | |
| Assets under construction and advance payments27 | €839,737 | |
| Financial fixed assets28 | €446 | |
| Current assets29/58 | €247,093 | |
| Amounts receivable after more than one year29 | €0 | |
| Other amounts receivable291 | €0 | |
| Amounts receivable within one year40/41 | €179,158 | |
| Trade receivables40 | €50,097 | |
| Other amounts receivable41 | €129,061 | |
| Cash at bank and in hand54/58 | €55,671 | |
| Deferred charges and accrued income490/1 | €12,264 | |
| Equity and liabilities | ||
| Total equity and liabilities10/49 | €2.1m | |
| Equity10/15 | €127,708 | |
| Contributions10/11 | €1,000 | |
| Reserves13 | €212,900 | |
| Distributable reserves133 | €212,900 | |
| Profit (loss) carried forward14 | -€86,191 | |
| Amounts payable17/49 | €1.9m | |
| Amounts payable after more than one year17 | €925,000 | |
| Financial debts170/4 | €925,000 | |
| Amounts payable within one year42/48 | €1.0m | |
| Current portion of amounts payable after more than one year42 | €935,765 | |
| Trade debts44 | €4,062 | |
| Suppliers440/4 | €4,062 | |
| Taxes, remuneration and social security45 | €17,590 | |
| Taxes450/3 | €17,590 | |
| Remuneration and social security454/9 | €0 | |
| Other amounts payable47/48 | €54,113 | |
| Line | 2025 |
|---|---|
| Profit (loss) for the period9904 | -€86,191 |
| + Depreciation and write-downs630 | €133,985 |
| Operating cash flow (approximation) | €47,794 |
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
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Directors · office · real estate
1 establishment unit
2 parcels
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41014A0204/00T000 | Flanders | 4,601 m² | 1 · 358 m² | 11.5 m · 2 fl. |
| 44803C0841/00A000 | Flanders | 200 m² | 1 · 200 m² | 20.4 m · 5 fl. |
Linked by address, not proof of ownership
Similar companies · same sector, comparable size
Identification & contact
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.