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EMBEDTECH

Active Private limited companyfounded 2021active for 5 yearsBloemtuinenlaan 21, 1030 SchaerbeekKBO/BCE: BE 0770.301.546

Overview

Lifetime

5 annual accounts with figures on one time axis
peak €138,007 (2025)
€138,007▲ 30.5%
peak €86,322 (2025)
€86,322▲ 16.3%
peak €181,365 (2024)
€4,322▼ 97.6%
€203,375▲ 793%
Board1 name since 2021
1 directorMGHIRBI Bechir
Documentsfilings and deeds
04-02-2026177 days before the deadline
2025micro format
Gross margin from €105,720 to €138,007Dividend €263,365Equity from €181,365 to €4,322Debts from €22,779 to €203,375Cash from €79,456 to €114,020

Key points

from the 2025 annual accounts

Equity

€4,322 from €181,365 in 2024

Equity fell by 98% in 1 year.

Turnover

≈ €210,000 estimated

The accounts state no turnover.

Debts

€203,375 98% of the balance sheet
Suppliers 0%Taxes and wages 22%Other 78%

Liquidity

0.72 was 5.40 in 2024

Short-term debts rose from €22,779 to €203,375.

Filings

5 annual accounts since 2021
AprilJune31 JulyOctober20222024

The last five annual accounts were filed 37 to 177 days before the end of the period.

Position in the sector

2.1%

Lower solvency than 90% of companies in computer programming and consultancy. Sector median 60.0% · 21,208 companies.

Checked score

91
Excellent
Financially stronger than 31% of micro companies in computer programming and consultancy (NACE 62)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.1% across 25,933 companies (NACE 62, micro).

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

Last 24 months 12-2024: < 0.1% 01-2025: < 0.1%● unchanged vs 12-2024 02-2025: < 0.1%● unchanged vs 01-2025 03-2025: < 0.1%● unchanged vs 02-2025 04-2025: < 0.1%● unchanged vs 03-2025lowest value 05-2025: < 0.1%● unchanged vs 04-2025 06-2025: < 0.1%● unchanged vs 05-2025 07-2025: < 0.1%● unchanged vs 06-2025 08-2025: < 0.1%● unchanged vs 07-2025 09-2025: < 0.1%● unchanged vs 08-2025 10-2025: < 0.1%● unchanged vs 09-2025 11-2025: < 0.1%● unchanged vs 10-2025 12-2025: < 0.1%● unchanged vs 11-2025 01-2026: < 0.1%● unchanged vs 12-2025 02-2026: < 0.1%● unchanged vs 01-2026 03-2026: 0.1%▲ +0.1 percentage points vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026 07-2026: 0.1%● unchanged vs 06-2026 08-2026: 0.1%● unchanged vs 07-2026highest value 09-2026: 0.1%● unchanged vs 08-2026 10-2026: 0.1%● unchanged vs 09-2026 11-2026: 0.1%● unchanged vs 10-2026

Financial strength
Average

27-73equity 2.1% of total assets
50-48short-term debt 97.9% · cash 54.9%
100=return on assets 41.6%

Score breakdown

raises risk
Equity €4,322 (2.1% of total assets)
lowers risk
Sector: Computer programming, consultancy and related activities (NACE 62)
Size: total assets €207,697
Liquidity: current ratio 0.72, cash €114,020
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 62, micro). It does better than 10% of them on solvency, 27% on liquidity, 82% on profitability and 4% on growth.

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 very low class on 30-06-2025, 0.1% 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, 2,153 companies had the same profile as EMBEDTECH has now. Each dot stands for 6 companies, two years later.

96.0%
were still trading
2.2%
stopped another way
1.7%
went bankrupt
  • Micro
  • 5 to 10 years old
  • solvency under 10%
  • a profit of 5% of the balance sheet or more

The bankruptcy probability of EMBEDTECH itself is lower: 0.1% within 12 months. It rests on far more data about EMBEDTECH 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.

The companies in ten equal groups, from the lowest to the highest expected share
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 2,153 companies, not a prediction for EMBEDTECH. 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 check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Six signals.
lowers riskraises riskneutral
lowers risk · Sector: Computer programming, consultancy and related activities (NACE 62)
KBO
lowers risk · Size: total assets €207,697
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Equity €4,322 (2.1% of total assets)
NBB · annual accounts
lowers risk · Liquidity: current ratio 0.72, cash €114,020
NBB · annual accounts
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 10% of 21208 sector peers (2025).
NBB · sector comparison
Position among 21208 sector peers
Solvency
better than 10%
← weakest strongest →
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 04-02-2026, 177 days ahead of the deadline.
NBB · 5 filings
Deviation from the deadline
2025
177 days early
2024
37 days early
2023
51 days early
2022
49 days early
2021
51 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 5 accounts on average 73 days before the deadline. In the sector (NACE 62), the median for financial year 2024 was 9 days before the deadline, and 33% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 11 June (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

MB
Director, since 24-06-2021
  • MGHIRBI Bechir 100 sharesdeed of 28-06-2021
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0770301546
Registered office moved from Woluwe-Saint-Pierre to Brussels New registered office: Avenue des Jardins 21 à 1030 Bruxelles · Previous registered office: AVENUE D'OPНЕМ 5, ВТE 4, 1150 WOLUWE-SAINT-PIERRE · General meeting of 01-04-2022 · Gazette deed
First establishment Bloemtuinenlaan 21, Schaerbeek
Incorporation Founding capital of €4,000, 100 shares · Founder: MGHIRBI Bechir · Appointment: MGHIRBI Bechir (director) · published on 28-06-2021 · Gazette deed
All 13 events

Comparable companies

same main activity, similar in size and age
Company
EMBEDTECH Schaerbeek €207,697 €138,007 2.1% -
OVEON Sint-Gillis (bij-Brussel) €220,012 €127,545 97.5% -
IENTEC Ixelles €240,473 €144,687 51.8% -
DigiTecla Evere €213,848 €133,174 80.9% -
KAMA Consult Antwerp €199,254 €138,509 16.1% -
across.cloud Aalst €194,353 €141,084 33.4% -
YPC Oudenaarde €207,565 €127,370 42.9% -

These companies have the same main activity as EMBEDTECH: computer consultancy and computer facilities management (NACE 62200). They are comparable in size and age: total assets between €194,000 and €240,000, founded between 2021 and 2022.

Official details

Source: KBO
Status
Active since 24-06-2021Normal situation
Activity
Computer consultancy and computer facilities managementNACE 62200and 4 others
Establishment unit
2.319.738.7661030 Schaerbeek, since 01-07-2021
Financial year end
31 December
Peppol
Reachable since 05-03-2025
Company details

Annual accounts 2025

€138,007▲ 30.5%
€86,322▲ 16.3%
€4,322▼ 97.6%
€207,697▲ 1.7%
Filing
Filed on 04-02-2026, 177 days before the end of the filing period
Financials

Insights on EMBEDTECH

EMBEDTECH files the micro format. That format states no turnover. The gross margin rose from €16,126 in 2021 to €138,007 in 2025.

The balance sheet grew most from 2022 to 2024 through fixed assets.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette.

Financials

Annual accounts 2025

micro format, filed on 04-02-2026, 177 days before the deadline
€138,007
▲ 30.5%
€111,133
▲ 18.1%
€86,322
▲ 16.3%
-€56,234
▼ €156,390
2.1%
▼ 86.8 percentage points
0.72
▼ 4.67

The turnover shown is an estimate from the gross margin.

Turnover ≈ €210,000. Estimated: probably between €190,000 and €270,000.

Balance sheet

balance sheet total €207,697 on 31-12-2025
What the company ownsHow it is paid for

in euro

in euro

Position in the sector

2.1%

Higher than 10% of 21,208 companies in 2025.

0.72

Higher than 9% of 20,571 companies in 2025.

41.6%

Higher than 79% of 20,746 companies in 2025.

EMBEDTECH Middle half of the sector 80% of the sector Micro accounts in computer programming and consultancy (NACE 62)

Net result: top quarter · Equity: bottom quarter · Balance sheet total: middle half · Working capital: bottom quarter

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend20252024202320222021
Balance sheet: assets
20/58 207,697204,143155,830109,87347,540
21/28 60,55681,20919,62728,9711,438
21 1,455----
22/27 59,00281,11019,52828,8731,339
23 1,7312,0422,5134,2101,339
24 57,27179,06817,01524,663-
28 9999999999
29/58 147,141122,935136,20480,90246,102
40/41 33,12143,47946,16035,32011,229
40 27,20027,80045,00035,32011,229
41 5,92115,6791,160--
54/58 114,02079,45690,04445,58234,873
Balance sheet: equity and liabilities
10/49 207,697204,143155,830109,87347,540
10/15 4,322181,365134,16969,86716,399
10/11 4,0004,0004,0004,0004,000
11 -4,0004,0004,0004,000
1100/10 ---4,0004,000
1109/19 -4,0004,000--
13 322177,365130,16965,86712,399
133 322177,365130,16965,86712,399
17/49 203,37522,77921,66140,00631,141
42/48 203,37522,77921,66140,00631,141
44 2031,4091,9464,5526,169
440/4 2031,4091,9464,5526,169
45 44,06421,32318,02030,94520,755
450/3 44,06421,32318,02020,77412,694
454/9 ---10,1718,061
47/48 159,107471,6954,5094,217
Income statement
9900 138,007105,72091,53775,52216,126
630 23,84210,5799,3456,578233
640/8 3,0321,074486892-
9901 111,13394,06781,70668,05315,893
75/76B ---3-
75 ---3-
65/66B 251153141010
65 251153141010
9903 110,88193,91481,56568,05615,884
67/77 24,56019,65917,26414,5883,484
9904 86,32274,25564,30253,46812,399
9905 86,32274,25564,30253,46812,399
Appropriation of the result
9906 86,32274,25564,30253,46812,399
791/2 177,365----
691/2 32247,19664,30253,46812,399
6921 32247,19664,30253,46812,399
694/7 263,36527,059---
694 263,36527,059---
Social balance sheet
Hours worked1013 -0---
Document PDFPDFPDFPDFPDF

The notes to these accounts have 12 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).

Source: Annual accounts 2025 (PDF), filed on 04-02-2026.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank
Financial year Type Filed Reference Document
31-12-2025 micro format 04-02-2026 2026-00033493 PDF
31-12-2024 micro format 24-06-2025 2025-00168981 PDF
31-12-2023 micro format 10-06-2024 2024-00117778 PDF
31-12-2022 micro format 12-06-2023 2023-00118467 PDF
31-12-2021 full format 10-06-2022 2022-20055581 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend20252024202320222021
134,975104,64691,05174,63116,126
110,16484,83473,64660,04512,632
3,18972,161034,1111,671
34,564-10,58844,46210,709-
-56,234100,156114,54240,89614,961
2.1%88.8%86.1%63.6%34.5%
0.725.406.292.021.48
47.060.130.160.571.90
-40.9%47.9%76.5%75.6%
41.6%36.4%41.3%48.7%26.1%
over 100over 100over 100over 100over 100

EBIT margin: not included in this filing.

A ratio outside any meaningful range has been withheld (balance sheet total €207,697, equity €4,322).

A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.

Social balance sheet

Item31-12-2024
Employees at the balance-sheet date0
full-time0
part-time0

Source: social balance sheet in the 2024 annual accounts

Investments

fixed assets acquired
Item20252024202320222021
Tangible fixed assets€1,249€72,161-€34,111€1,572
Intangible fixed assets€1,941----
Financial fixed assets----€99
€23,842€10,579€9,345€6,578€233

Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)

Insights on EMBEDTECH

The operating result for 2025 is 18% higher than in 2024 and the highest since 2021. It is the fourth rise in a row.

Debt's share of the balance-sheet total rises from 11.2% to 97.9%. Equity is lower and debt is higher.

Board & ownership

Board

1 director, since incorporation
Director (not named in the articles)
since 24-06-2021 term without a fixed end
also on the board of 1 other company
listed in the 2025 annual accounts, filed on 04-02-2026
Signing authorityThe articles say who may bind the company, for example by signing a contract.
“Lorsque la société est administrée par plusieurs administrateurs, chaque administrateur agissant seul, peut accomplir tous les actes…”
deed of 28-06-2021

Office holders in the KBO →

Mandates through the years

1 name, the dashed line is today
MGHIRBI Bechir
Director (not named in the articles)
Board
Mandates as a list
  • MGHIRBI Bechir
    • Director (not named in the articles), from 24-06-2021 to date

See the board, name and registered office on a given date →

Control

This company
EMBEDTECH
Equity €4,322
Profit €86,322 in 2025

Capital

Contribution
€4,000
Shares
100
Contribution per share
€40
Equity per share
€43.22 in 2025
Source
deed of 28-06-2021

Articles of association

deed of 28-06-2021 (in French)
Board ruleThese rules set how the board is made up, meets and takes decisions.
At least 1 director
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
First Thursday of June at 18:00

Shareholders

At incorporation deed of 28-06-2021 ↗

Network & group

No group

EMBEDTECH has no parent and no holdings in its annual accounts. MGHIRBI Bechir is the only director.

Connections & network

1 connected company
Depth

The connected companies are in the list below.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.
Linked via shared directors
INNOVUP
via MGHIRBI Bechir · Director (not named in the articles) · deed of 10-02-2023
No longer active · total assets €1,454 (2024)
→

Timeline

Timeline

13 events since 2021

Deadline for the 2026 accounts: 31-07-2027

2026
Annual accounts 2025 filed PDFmicro format · 177 days before the deadline
2025
Highest result from 2021 to 2025 net €86,322 ▲16.3% The operating result of €111,133 and the net result of €86,322 are both a record.
Annual accounts 2024 filed PDFmicro format · 37 days before the deadline
Registered in the Peppol Directory Reachable for e-invoices through 0208:0770301546
2024
Equity above €150,000 equity €181,365 ▲35.2% With a profit in every financial year since 2021, equity grows to €181,365.
Annual accounts 2023 filed PDFmicro format · 51 days before the deadline
2023
Liquidity more than triples current ratio 6.29 The current ratio rises from 2.02 to 6.29. Short-term debt falls from €40,006 to €21,661.
Equity above €100,000 equity €134,169 ▲92% With a profit in every financial year since 2021, equity grows to €134,169.
Annual accounts 2022 filed PDFmicro format · 49 days before the deadline
2022
Annual accounts 2021 filed PDFfull format · 51 days before the deadline
Registered office moved from Woluwe-Saint-Pierre to BrusselsNew registered office: Avenue des Jardins 21 à 1030 Bruxelles · Previous registered office: AVENUE D'OPНЕМ 5, ВТE 4, 1150 WOLUWE-SAINT-PIERRE · General meeting of 01-04-20222 points ▸
  • General meeting, 01-04-2022
  • Registered-office move, Avenue des Jardins 21 à 1030 Bruxelles

Open the deed in the Belgian Official Gazette

2021
First establishment Bloemtuinenlaan 21, Schaerbeek
IncorporationFounding capital of €4,000, 100 shares · Founder: MGHIRBI Bechir · Appointment: MGHIRBI Bechir (director) · published on 28-06-20213 points ▸
  • Founder, MGHIRBI Bechir
  • Founding capital, €4,000, 100 shares
  • Director appointment, MGHIRBI Bechir (director (not named in the articles))
  • The deed holds 3 more points.

Open the deed in the Belgian Official Gazette

Financial milestones sit on the financial year-end date, not the filing date.

Sources: Publications in the Belgian Official GazetteFilings with the National Bank

History

EMBEDTECH was incorporated on 24 June 2021 as a private limited company by one natural person, with a starting capital of €4,000.12 The registered office was moved to Brussels in 2022.3 Since 2021, MGHIRBI Bechir has served as director.4 Total assets rose from €47,540 in 2021 to €207,697 in 2025.5

  1. 1KBO register
  2. 2Belgian Official Gazette, 28-06-2021
  3. 3Belgian Official Gazette, 19-04-2022
  4. 4National Bank, annual accounts 2025
  5. 5National Bank, annual accounts 2021 and 2025

Company details

Identity

Enterprise number
0770.301.546
VAT number
BE 0770.301.546
Peppol ID
0208:0770301546
Legal form
Private limited company
Status
Active, normal situation
Founded
24-06-2021
Financial year
ends on 31 December
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
First Thursday of June at 18:00
deed of 28-06-2021 (in French)
Peppol
Reachable since 05-03-2025Follow this company and you will hear the next morning if it leaves the Peppol register.
Name
EMBEDTECH in French
Entity type
Legal entity
Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
“Avenue d’Ophem 5, boite 4, 1150 Bruxelles”
deed of 28-06-2021 (in French)

Activities

NACEBEL 2025
Codes under NACEBEL 2008
62020 IT consultancy main activity
46510 Wholesale trade
62030 Computer programming, consultancy and related activities
62090 Computer programming, consultancy and related activities
63990 Computing infrastructure, data processing, hosting and other information service activities
85599 Other education
PurposeThe purpose describes the activities the company may carry out under its articles.
“Toute opération d'achat, de vente et de location de matériel informatique (hardware et software), de matériel et de mobilier de bureau et en…”
9 activities
  1. Toute opération d'achat, de vente et de location de matériel informatique (hardware et software), de matériel et de mobilier de bureau et en général de tout matériel pouvant servir directement ou indirectement à son objet.
  2. La création, le développement, la distribution, l'installation, la mise en service des supports informatiques aussi bien en matière de software que de hardware et la centralisation des données :
  3. Gestion des réseaux et des ordinateurs, étude et développement de logiciels, la création, le développement, l'installation et la mise en œuvre de réseaux internationaux;
  4. Le développement, la coordination et la supervision du traitement des données, des programmes ainsi que du choix des matériels et logiciels informatiques;
  5. La coordination et le développement de systèmes informatiques;
  6. L'achat, l'exploitation, la location, la cession de tout brevet, licence, intervention ou marque de fabrique se rattachant directement ou indirectement à l'objet de la société.
  7. L'organisation, l'élaboration et l'animation de conférences, de séminaires, de formations générales professionnelles ou techniques;
  8. Toute opération concernant l'information, la diffusion par toute voie existante de publicité et de documentation et le service aux personnes physiques et morales;
  9. Toute activité en rapport avec le service internet, extranet, intranet, ainsi que tous services en matière de télécommunication, informatique, présent ou futur.
deed of 28-06-2021 (in French)

Registered office and establishments

1 establishment
Establishment Since Unit number
Bloemtuinenlaan 21 registered office 1030 Schaerbeek 01-07-2021 2.319.738.766
1 former office
  • Avenue d'Opнем 5, Втe 4, 1150 Woluwe-Saint-Pierre until 01-04-2022 · deed of 19-04-2022

Buildings and parcels at the address

Ground area
265 m²
Buildings
63 m²
Volume, LiDAR
535 m³
Tallest building
10.8 m
Buildings to scale, each on its own parcel
63 m², 10.8 m 63 m², 10.8 m

Location

registered office establishment The establishment unit on the map

Parcels

Cadastral parcelArea Buildings Height / floors
21904B0096/00B002265 m² 1 · 63 m² 10.8 m · 3