EMCA
EMCA is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2024 annual accounts show equity of €67k and a net result of €6k. Equity is growing by ~14% per year across the filed fiscal years. Its solvency ranks better than 89% of 3135 sector peers (fiscal year 2024). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €67k |
| Net result | €6k |
| Better than sector | 89% |
| Active | 5 yrs |
Mixed profile: strong on solvency, weaker on health.
This is a financial institution (bank, insurer or financial holding). Our bankruptcy model is trained on ordinary trading and manufacturing companies; a bank balance sheet falls outside that scope. We therefore show no bankruptcy probability rather than a misleading figure.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 86.1% | 52.4% | |
| Net result | €6k | €32k | |
| Equity | €67k | €75k | |
| Gross operating margin | €13k | €52k | |
| Total assets | €78k | €191k |
| Fiscal year | 2024 |
|---|---|
| Revenue | n/a |
| EBITDA | n/a |
| Net profit | €6k |
| Cash flow | n/a |
| Staff costs | - |
| Income taxes | €2k |
| Dividends | - |
| Total assets | €78k |
| Equity | €67k |
| Debt | €11k |
| of which ≤ 1y | €11k |
| of which > 1y | - |
| Working capital | n/a |
| Employees (FTE) | - |
| 2024 | |
|---|---|
| Current ratio | n/a |
| Quick ratio | n/a |
| Working capital ratio | n/a |
| Solvency | 86.1% |
| Debt / equity | n/a |
| Long-term debt ratio | n/a |
| Interest coverage | n/a |
| Gross margin | n/a |
| Net margin | n/a |
| ROA | 7.3% |
| ROE | 8.5% |
| EBITDA margin | n/a |
| Days sales outstanding | n/a |
| Days payable outstanding | n/a |
| Inventory turnover | n/a |
| Days inventory (DSI) | n/a |
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €78k |
| Fixed assets | 21/28 | €9k |
| Tangible fixed assets | 22/27 | €9k |
| Current assets | 29/58 | €68k |
| Amounts receivable within one year | 40/41 | €24k |
| Cash & bank | 54/58 | €43k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €78k |
| Equity | 10/15 | €67k |
| Contributions / capital | 10/11 | €3k |
| Accumulated profits (losses) | 14 | €64k |
| Amounts payable | 17/49 | €11k |
| Amounts payable within one year | 42/48 | €11k |
| Trade debts payable within one year | 44 | €2k |
| Income statement | ||
| Gross operating margin | 9900 | €13k |
| Operating result | 9901 | €8k |
| Financial income | 75 | €6 |
| Financial charges | 65 | €98 |
| Result before taxes | 9903 | €8k |
| Income taxes | 67/77 | €2k |
| Net result for the period | 9904 | €6k |
| Result to be appropriated | 9905 | €6k |
| NACE primary | Financial services(64210) |
| Legal form | Private limited company(610) |
| Incorporation | 27-11-2020 |
| Status | Active |
| Postal code | 8420 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 35007A0402/00B000 | Flanders | 729 m² | 1 · 168 m² | - |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
24-02-2026 Publication in the Belgian Official Gazette, Miscellaneous
Technical details
{
"notary": {
"name": "Thibauld POLFLIET",
"firm_city": null,
"firm_name": null,
"office_city": "Oostende",
"is_associated": false
},
"act_meta": {
"language": "nl",
"pub_date": "2026-02-24",
"filing_date": "2026-02-20",
"act_kind_objet": "DOEL"
},
"key_dates": [
{
"date": "2020-11-27",
"label": "oprichting"
},
{
"date": "2020-12-01",
"label": "bekendmaking"
},
{
"date": "2026-02-16",
"label": "verslag"
},
{
"date": "2026-02-20",
"label": "akte"
},
{
"date": "2026-02-24",
"label": "bekendmaking"
}
],
"key_parties": [
{
"kbo": "0758842183",
"kind": "org",
"name": "EMCA",
"role": "Oprichter"
},
{
"kind": "person",
"name": "Philippe Strypsteen",
"role": "Oprichter"
},
{
"kind": "person",
"name": "Thibauld POLFLIET",
"role": "Notaris"
}
],
"key_amounts_eur": [],
"subject_company": {
"kbo": "0758.842.183",
"name_full": "EMCA",
"legal_form": "Besloten Vennootschap"
},
"publication_proxy": {
"kind": null
},
"summary_narrative": "",
"co_filed_documents": [],
"detected_real_type": "statutes_change"
}01-12-2020 Incorporation of a new BV
Technical details
{
"kind": "oprichting",
"seat": "8420 De Haan, Vogelzanglaan 4",
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"founders": [
{
"org": null,
"kind": "natural_person",
"person": {
"dob": "1988-06-11",
"name": "ADRIANSENS Lieselot Christiane Agnes",
"niss": null,
"address": "8420 De Haan, Vogelzanglaan 4"
},
"share_class": "Aandelen",
"partner_role": null,
"holder_org_kbo": null,
"holder_org_name": null,
"contribution_type": "cash",
"amount_paid_in_eur": 2500,
"holder_person_name": "ADRIANSENS Lieselot Christiane Agnes",
"is_subscriber_only": true,
"n_shares_subscribed": 250,
"amount_subscribed_eur": 2500,
"is_anonymous_silent_partner": false
},
{
"org": null,
"kind": "natural_person",
"person": {
"dob": null,
"name": "Lieselot Adriansens",
"niss": null,
"address": "8420 De Haan, Vogelzanglaan 4"
},
"share_class": "A",
"partner_role": null,
"holder_org_kbo": null,
"holder_org_name": null,
"contribution_type": "cash",
"amount_paid_in_eur": 18550,
"holder_person_name": "Lieselot Adriansens",
"is_subscriber_only": false,
"n_shares_subscribed": 18550,
"amount_subscribed_eur": 18550,
"is_anonymous_silent_partner": false
}
],
"capital_eur": 2500,
"subject_company": {
"kbo": "0758.842.183",
"name_full": "EMCA",
"legal_form": "BV"
},
"initial_directors": [],
"incorporation_date": "2020-11-27",
"post_incorporation_mandates": []
}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameNL | EMCA |