EMB DEVELOPMENT
Dissolution or liquidationSummary
The KBO register records for EMB DEVELOPMENT the legal situation: dissolution or liquidation; this is today's state according to the register itself, which carries no start date. The 2024 annual accounts show negative equity (-€17,295) and a net result of -€17,371.
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024Equity per financial year
212324
2021 to 2024 · latest year -€17,295
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 31-08-2025, 31 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 3 filingsDeviation from the deadline
2025
not confirmed
2024
31 d late
2023
80 d late
2021
114 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 3 accounts on average 75 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.
Checked, nothing found (1)
History
Go further with this company
Who ran this company, and where was it based, on a date before the end?Company as of a date How is the Joinery installation sector doing?Sector figures
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2024, micro schema
Equity
-€17,295
2023 · €76
Total assets
€88,011▲ 213%
2023 · €28,079
Net result
-€17,371▼ 2.7%
2023 · -€16,912
Working capital
-€18,513▼ 298%
2023 · -€4,653
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line202120232024
Operating result€6,185--€15,310--€17,647▼ 15.3%
Net result€5,037--€16,912--€17,371▼ 2.7%
Equity€14,460-€76--€17,295
Total assets€22,464-€28,079-€88,011▲ 213%
Debt€8,003-€28,003-€105,306▲ 276%
Working capital€7,979--€4,653--€18,513▼ 298%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €17,647 in 2024 against €15,310 in 2023; the loss grows and 2024 has the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €88,011
Fixed assets
€1,219 ▼ 74.2%
Current assets
€86,793 ▲ 272%
Key figures and ratios
EBITDA
-€13,827▼
2023 · -€11,787
Cash flow
-€13,551▼
2023 · -€13,389
Solvency
-19.7%▼
2023 · 0.3%
Current ratio
0.82▼
2023 · 0.83
Quick ratio
0.70▼
2023 · 0.83
Debt to equity
-6.09
ROA
-19.7%▲
2023 · -60.2%
Interest coverage
-13.75▲
2023 · -15.83
Debt ≤ 1 year
€105,306▲
2023 · €28,003
Income taxes
€237▼
2023 · €858
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2023 | 2024 | Change |
|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2,627 | €3,523 | €3,820 | ▲ 8.4% |
| Other operating charges640/8 | €520 | - | €405 | - |
| Gross operating margin9900 | €9,333 | -€11,787 | -€13,423 | ▼ 13.9% |
| Operating profit (loss)9901 | €6,185 | -€15,310 | -€17,647 | ▼ 15.3% |
| Financial income75/76B | €1,083 | €1 | €1,519 | ▲ 303,720% |
| Recurring financial income75 | €1,083 | €1 | €1,519 | ▲ 303,720% |
| Financial charges65/66B | €971 | €745 | €1,006 | ▲ 35.0% |
| Recurring financial charges65 | €971 | €745 | €1,006 | ▲ 35.0% |
| Profit (loss) for the period before taxes9903 | €6,296 | -€16,054 | -€17,133 | ▼ 6.7% |
| Income taxes67/77 | €1,259 | €858 | €237 | ▼ 72.3% |
| Profit (loss) for the period9904 | €5,037 | -€16,912 | -€17,371 | ▼ 2.7% |
| Profit (loss) for the period to be appropriated9905 | €5,037 | -€16,912 | -€17,371 | ▼ 2.7% |
| Line | 2021 | 2023 | 2024 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €22,464 | €28,079 | €88,011 | ▲ 213% |
| Formation expenses20 | €852 | - | - | - |
| Fixed assets21/28 | €9,199 | €4,729 | €1,219 | ▼ 74.2% |
| Tangible fixed assets22/27 | €9,199 | €4,729 | €1,219 | ▼ 74.2% |
| Furniture and vehicles24 | €9,199 | €4,729 | €1,219 | ▼ 74.2% |
| Current assets29/58 | €12,413 | €23,349 | €86,793 | ▲ 272% |
| Stocks and contracts in progress3 | - | - | €13,000 | - |
| Stocks30/36 | - | - | €13,000 | - |
| Amounts receivable within one year40/41 | €10,747 | €23,349 | €73,793 | ▲ 216% |
| Trade receivables40 | €8,440 | €23,321 | €15,919 | ▼ 31.7% |
| Other amounts receivable41 | €2,307 | €28 | €57,874 | ▲ 203,037% |
| Cash at bank and in hand54/58 | €1,666 | - | - | - |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €22,464 | €28,079 | €88,011 | ▲ 213% |
| Equity10/15 | €14,460 | €76 | -€17,295 | ▼ 22,838% |
| Contributions10/11 | €5,000 | €5,000 | €5,000 | = |
| Reserves13 | €9,460 | €9,460 | €9,460 | = |
| Distributable reserves133 | €9,460 | €9,460 | €9,460 | = |
| Profit (loss) carried forward14 | - | -€14,384 | -€31,755 | ▼ 121% |
| Amounts payable17/49 | €8,003 | €28,003 | €105,306 | ▲ 276% |
| Amounts payable after more than one year17 | €2,454 | - | - | - |
| Financial debts170/4 | €2,454 | - | - | - |
| Amounts payable within one year42/48 | €4,434 | €28,003 | €105,306 | ▲ 276% |
| Current portion of amounts payable after more than one year42 | €2,207 | €447 | - | - |
| Financial debts43 | - | €3,283 | €4,499 | ▲ 37.0% |
| Credit institutions430/8 | - | €3,283 | €4,499 | ▲ 37.0% |
| Trade debts44 | - | €15,210 | €90,403 | ▲ 494% |
| Suppliers440/4 | - | €15,210 | €90,403 | ▲ 494% |
| Taxes, remuneration and social security45 | €2,227 | €8,075 | €10,404 | ▲ 28.8% |
| Taxes450/3 | €2,227 | €8,075 | €10,404 | ▲ 28.8% |
| Other amounts payable47/48 | - | €988 | - | - |
| Accrued charges and deferred income492/3 | €1,115 | - | - | - |
| Line | 2021 | 2023 | 2024 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €5,037 | -€16,912 | -€17,371 | ▼ 2.7% |
| + Depreciation and write-downs630 | €2,627 | €3,523 | €3,820 | ▲ 8.4% |
| Operating cash flow (approximation) | €7,664 | -€13,389 | -€13,551 | ▼ 1.2% |
| Investment in fixed assets (approximation) | - | - | -€309 | - |
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
31-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 31 days late
2024
31-12
Financial
Weakest financial yearnet -€17,371
Net result drops to -€17,371, the lowest in the series.
19-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 80 days late
2022
22-11
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 114 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 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
3 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, Ukkel · 1 establishment unit since 2020
Ground area
1,531 m²
Building footprint
393 m²
Volume, LiDAR
3,129 m³
2 parcels, Brussels, Wallonia · tallest building 17.1 m, ±2 floors. Linked by address, not a title deed.
344
companies at this address
See who is registered here
1 establishment unit
EMB DEVELOPMENT
since 20202.313.898.871
2 parcels
Wallonia
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62077A0736/00L000 | Wallonia | 1,184 m² | 1 · 65 m² | - |
| 21616A0121/00Y002 | Brussels | 347 m² | 1 · 329 m² | 17.1 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 20,028 companies in sector 43320 we hold annual accounts for 9,135. 61 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
Founded30-09-2020
Fiscal year end31-12
Activities, NACEBEL 2025
43320Joinery installation
Scores and ratios are computed by Checked and are not a credit decision.