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EMBER

Active
Public limited companyfounded 198738 yrs activeLouizalaan 372, 1050 Brussel, BelgiumKBO/BCE: BE 0432.883.185
Summary

EMBER has been active since 1987 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €575,181 and a net result of -€136,961. Equity is shrinking by ~9.6% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 1.4% (low).

Checked score

Score 2025
Axes · tick = 2024
Profitability19▼-13
Solvency40▼-3
Growth32=
Track record100
Bankruptcy probability, 12 months
1.4% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25,000 at 30 days acceptable
Liquidity ample (current ratio 2.29 against 2.37 in 2024; short-term debt: 9.3% and cash: 0% of total assets), but 84.6% of the assets are financed with debt.
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Signals

Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 38 years 0 40 y
raises risk · Multiple establishment units
Several establishment units mean more fixed costs, and such companies fail more often than a company with one establishment.
KBO · establishment units
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025
Net result per financial year
1819202122232425
2018 to 2025 · latest year -€136,961
neutral · Latest accounts filed on time
The financial year that closed on 29-12-2025 was due by 29-07-2026 and was filed on 22-07-2026, 7 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
7 d early
2024
18 d early
2023
24 d early
2022
10 d early
2021
17 d early
2020
62 d late
2019
75 d early
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 7 accounts on average 13 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 29-12-2026 and is due by 29-07-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
28-09-2026 today29-12-2026 close29-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 17 December 1987, EMBER was incorporated.1 Total assets went from EUR 4 million in 2018 to EUR 3.7 million in 2025 and headcount from 2 full-time equivalents in 2020 to 0.7 in 2023.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018, 2020, 2023 and 2025

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Financials · fiscal year 2025, abbreviated schema

Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
-€136,961▼ 64.9%
2024 · -€83,042
Working capital
€448,492▼ 4.8%
2024 · €470,984
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
Line20212022202320242025
Operating result-€128,838▼ 26.1%€14,659-€76,553€33,317-€156,832
Net result-€139,983▼ 33.6%€6,495-€147,805-€83,042▲ 43.8%-€136,961▼ 64.9%
Equity€936,495▼ 13.0%€942,990▲ 0.7%€795,184▼ 15.7%€712,142▼ 10.4%€575,181▼ 19.2%
Total assets€4.4m▼ 3.9%€4.3m▼ 0.8%€4.0m▼ 6.3%€3.9m▼ 2.9%€3.7m▼ 5.2%
Debt€3.4m▼ 1.1%€3.4m▼ 1.2%€3.3m▼ 3.7%€3.2m▼ 1.1%€3.2m▼ 2.1%
Working capital-€682,498▼ 0.4%-€414,064▲ 39.3%-€479,059▼ 15.7%€470,984€448,492▼ 4.8%
Staff (FTE)3.3▲ 65.0%1.9▼ 42.4%0.7▼ 63.2%
Result per fiscal year
Operating resultNet result
-€200,000-€150,000-€100,000-€50,000€0€50,000Operating result 2021: -€128,838-€128,838Net result 2021: -€139,983-€139,983Operating result 2022: €14,659€14,659Net result 2022: €6,495€6,495Operating result 2023: -€76,553-€76,553Net result 2023: -€147,805-€147,805Operating result 2024: €33,317€33,317Net result 2024: -€83,042-€83,042Operating result 2025: -€156,832-€156,832Net result 2025: -€136,961-€136,96120212022202320242025-€200,000-€150,000-€100,000-€50,000€0€50,000Operating result 2023: -€76,553-€76,600Net result 2023: -€147,805-€148,000Operating result 2024: €33,317€33,300Net result 2024: -€83,042-€83,000Operating result 2025: -€156,832-€157,000Net result 2025: -€136,961-€137,000202320242025
The operating result turns negative in 2025: a loss of €156,832 after €33,317 in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €3.7m
Fixed assets €2.9m ▼ 5.9%
Current assets €795,415 ▼ 2.4%
Equity and liabilities €3.7m
Equity €575,181 ▼ 19.2%
Debt €3.2m ▼ 2.1%
Debt's share of the balance-sheet total rises from 81.9% to 84.6%. Equity and debt are lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€27,852▼
2024 · €216,705
Cash flow
€47,723▼
2024 · €100,346
Current ratio
2.29▼
2024 · 2.37
Debt to equity
5.48▲
2024 · 4.52
ROE
-23.8%▼
2024 · -11.7%
ROA
-3.7%▼
2024 · -2.1%
Interest coverage
0.56▼
2024 · 1.86
Debt ≤ 1 year
€346,923▲
2024 · €344,271
Debt > 1 year
€2.8m▼
2024 · €2.8m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 2,508 companies that looked in July 2024 the way this one looks now, 1.4% went bankrupt within 24 months and 96% are still going.

  • Small
  • 20 years or older
  • solvency 10 to 30%
  • a small loss
1.4% went bankrupt
1.7% stopped otherwise
96% still going

A further 0.5% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 1.4% 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 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
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% 1.7%
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 75% 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 2,508 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
Filed annual accounts As filed with the NBB · 2025 against 2024 · 45 lines
Balance sheet Code20242025
Assets
Total assets20/58€3.9m€3.7m▼
Fixed assets21/28€3.1m€2.9m▼
Tangible fixed assets22/27€3.1m€2.9m▼
Land and buildings22€3.1m€2.9m▼
Plant, machinery and equipment23€542-
Furniture and vehicles24€39,235€33,605▼
Financial fixed assets28€483€483=
Current assets29/58€815,255€795,415▼
Amounts receivable within one year40/41€751,679€782,274▲
Other amounts receivable41€751,679€782,274▲
Cash at bank and in hand54/58€1,107€149▼
Deferred charges and accrued income490/1€62,469€12,992▼
Equity and liabilities
Total equity and liabilities10/49€3.9m€3.7m▼
Equity10/15€712,142€575,181▼
Contributions10/11€154,933€154,933=
Capital10€154,933-
Issued capital100€154,933-
Revaluation surpluses12€1.9m€1.8m▼
Reserves13€825,000€962,500▲
Non-distributable reserves130/1€825,000€962,500▲
Other1319€825,000€962,500▲
Profit (loss) carried forward14-€2.2m-€2.3m▼
Amounts payable17/49€3.2m€3.2m▼
Amounts payable after more than one year17€2.8m€2.8m▼
Financial debts170/4€1.6m€1.6m▼
Other amounts payable178/9€1.2m€1.2m=
Amounts payable within one year42/48€344,271€346,923▲
Current portion of amounts payable after more than one year42€108,728€60,056▼
Financial debts43-€1,239
Credit institutions430/8-€1,239
Other amounts payable47/48€235,543€285,628▲
Accrued charges and deferred income492/3€48,766€40,000▼
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€183,388€184,684▲
Other operating charges640/8€39,218€25,815▼
Gross operating margin9900€255,923€53,667▼
Operating profit (loss)9901€33,317-€156,832▼
Financial income75/76B€44€69,511▲
Recurring financial income75€44€69,511▲
Financial charges65/66B€116,403€49,640▼
Recurring financial charges65€116,403€49,640▼
Profit (loss) for the period before taxes9903-€83,042-€136,961▼
Profit (loss) for the period9904-€83,042-€136,961▼
Profit (loss) for the period to be appropriated9905-€83,042-€136,961▼
Appropriation of the result
Profit (loss) to be appropriated9906-€2.2m-€2.3m▼
Profit (loss) brought forward from the previous period14P-€2.1m-€2.2m▼

The notes to these accounts (15 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Remuneration, social security and pensions62€18,124€50,874€24,848---
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€185,813€172,640€181,709€183,388€184,684▲ 0.7%
Other operating charges640/8€5,321€26,395€15,308€39,218€25,815▼ 34.2%
Gross operating margin9900€80,420€264,568€145,312€255,923€53,667▼ 79.0%
Operating profit (loss)9901-€128,838€14,659-€76,553€33,317-€156,832▼ 571%
Financial income75/76B€23,283€25,360-€44€69,511▲ 157,880%
Recurring financial income75€23,283€25,360-€44€69,511▲ 157,880%
Financial charges65/66B€34,428€33,524€71,252€116,403€49,640▼ 57.4%
Recurring financial charges65€34,428€33,524€71,252€116,403€49,640▼ 57.4%
Profit (loss) for the period before taxes9903-€139,983€6,495-€147,805-€83,042-€136,961▼ 64.9%
Profit (loss) for the period9904-€139,983€6,495-€147,805-€83,042-€136,961▼ 64.9%
Profit (loss) for the period to be appropriated9905-€139,983€6,495-€147,805-€83,042-€136,961▼ 64.9%
Line20212022202320242025Change
Assets
Total assets20/58€4.4m€4.3m€4.0m€3.9m€3.7m▼ 5.2%
Fixed assets21/28€3.7m€3.4m€3.3m€3.1m€2.9m▼ 5.9%
Tangible fixed assets22/27€3.7m€3.4m€3.3m€3.1m€2.9m▼ 5.9%
Land and buildings22€3.7m€3.4m€3.2m€3.1m€2.9m▼ 5.8%
Plant, machinery and equipment23€2,168€1,626€1,084€542--
Furniture and vehicles24€12,658€15,526€40,787€39,235€33,605▼ 14.3%
Financial fixed assets28€483€483€483€483€483=
Current assets29/58€663,872€924,234€788,799€815,255€795,415▼ 2.4%
Amounts receivable within one year40/41€660,894€677,036€730,262€751,679€782,274▲ 4.1%
Trade receivables40€66,042€1,725----
Other amounts receivable41€594,852€675,311€730,262€751,679€782,274▲ 4.1%
Cash at bank and in hand54/58€2,978€85,174€12,986€1,107€149▼ 86.5%
Deferred charges and accrued income490/1-€162,024€45,551€62,469€12,992▼ 79.2%
Equity and liabilities
Total equity and liabilities10/49€4.4m€4.3m€4.0m€3.9m€3.7m▼ 5.2%
Equity10/15€936,495€942,990€795,184€712,142€575,181▼ 19.2%
Contributions10/11€154,933€154,933€154,933€154,933€154,933=
Capital10€154,933€154,933€154,933€154,933--
Issued capital100€154,933€154,933€154,933€154,933--
Revaluation surpluses12€2.3m€2.2m€2.1m€1.9m€1.8m▼ 7.1%
Reserves13€412,500€550,000€687,500€825,000€962,500▲ 16.7%
Non-distributable reserves130/1€412,500€550,000€687,500€825,000€962,500▲ 16.7%
Other1319€412,500€550,000€687,500€825,000€962,500▲ 16.7%
Profit (loss) carried forward14-€2.0m-€2.0m-€2.1m-€2.2m-€2.3m▼ 6.2%
Amounts payable17/49€3.4m€3.4m€3.3m€3.2m€3.2m▼ 2.1%
Amounts payable after more than one year17€2.1m€2.0m€2.0m€2.8m€2.8m▼ 2.1%
Financial debts170/4€895,785€853,494€789,048€1.6m€1.6m▼ 3.7%
Other amounts payable178/9€1.2m€1.2m€1.2m€1.2m€1.2m=
Amounts payable within one year42/48€1.3m€1.3m€1.3m€344,271€346,923▲ 0.8%
Current portion of amounts payable after more than one year42€41,290€42,292€43,119€108,728€60,056▼ 44.8%
Financial debts43€1.0m€1.0m€1.0m-€1,239-
Credit institutions430/8€1.0m€1.0m€1.0m-€1,239-
Trade debts44€14,642-----
Suppliers440/4€14,642-----
Taxes, remuneration and social security45€7,591€21,376€10,993---
Taxes450/3€1,751€2,304€6,564---
Remuneration and social security454/9€5,840€19,072€4,429---
Other amounts payable47/48€282,847€274,630€213,746€235,543€285,628▲ 21.3%
Accrued charges and deferred income492/3€11,500€19,000€28,000€48,766€40,000▼ 18.0%
Line20212022202320242025Change
Profit (loss) for the period9904-€139,983€6,495-€147,805-€83,042-€136,961▼ 64.9%
+ Depreciation and write-downs630€185,813€172,640€181,709€183,388€184,684▲ 0.7%
Operating cash flow (approximation)€45,830€179,135€33,904€100,346€47,723▼ 52.4%
Investment in fixed assets (approximation)-€121,690-€43,452-€39,116-€1,325▲ 96.6%
Change in cash-€82,196-€72,188-€11,879-€958▲ 91.9%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 29-07-2027
2026
22-07
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
11-07
NBB filing Annual accounts filed
fiscal year 2024 · full schema
2024
29-12
Financial Liquidity quadruplescurrent ratio 2.37
Current ratio from 0.62 to 2.37; short-term debt falls from €1.3m to €344,271.
05-07
NBB filing Annual accounts filed
fiscal year 2023 · full schema
2023
29-12
Financial Weakest financial yearnet -€147,805
Net result drops to -€147,805, the lowest in the series; recovery starts the following year.
19-07
NBB filing Annual accounts filed
fiscal year 2022 · full schema
2022
29-12
Financial Back to profitnet €6,495
Net result €6,495 after 3 loss-making years.
12-07
NBB filing Annual accounts filed
fiscal year 2021 · full schema
2021
29-09
NBB filing Annual accounts filed
fiscal year 2020 · full schema · 62 days late
2020
15-05
NBB filing Annual accounts filed
fiscal year 2019 · full schema
2019
26-07
NBB filing Annual accounts filed
fiscal year 2018 · full schema
2018
19-09
NBB filing Annual accounts filed
fiscal year 2017 · full schema · 52 days late
2017
30-06
NBB filing Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
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.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
4 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, Brussel · 2 establishment units since 1988
seat establishment All 2 establishment units on the map
Ground area
391 m²
Building footprint
310 m²
Volume, LiDAR
6,653 m³
2 parcels, Brussels · tallest building 24.4 m, ±8 floors. Linked by address, not a title deed.
3 companies at this address See who is registered here
2 establishment units
Louizalaan 372, 1050 Brussel
NACE 70201
since 19882.033.866.801
LE LOMBARD
Lombardstraat 1, 1000 BrusselNACE 55302
since 20062.155.751.457
2 parcels
Brussels 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21807G0180/00Y003 Brussels 276 m² 1 · 202 m² 24.4 m · 7 fl.
21004A0098/00C000
ProtectedMonumentArt-nouveauopbrengsthuisSource ↗
Brussels 115 m² 1 · 109 m² 24.2 m · 8 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.
1 of these parcels carry protected heritage: expect extra rules on renovation or sale.

Identification & contact

Identification
Legal formPublic limited company
Founded17-12-1987
Fiscal year end29-12
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

What can you do?

Try sending from your invoicing software; if that fails, ask the customer whether they already receive via Peppol.

If the customer is not ready yet, you may send the invoice another way, for example as a PDF; if electronically, with their agreement on a secure alternative. That invoice is valid; the customer risks a penalty. FPS Finance

Register as of 27 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.