Equity
-€4,219
Debts exceed assets in financial year 2025.
EMCD
Overview
Lifetime
1 annual account with figurespeak -€5,163 (2025)
-€5,163
lowest -€14,219 (2025)
-€14,219
peak -€4,219 (2025)
-€4,219
€32,428
Board2 names since 2024
2 directorsCharlotte DEDOBBELEER and 1 other
Documentsfilings and deeds
26-08-202626 days late
2025micro format
Loss of €14,219First year with figures
Key points
from the 2025 annual accountsDebts
€32,428 115% of the balance sheet
Financial debts 25%Suppliers 0%Other 74%
Of this, €3,131 falls due within a year.
Position in the sector
-€14,219
Lower net result than 83% of companies in food and beverage service. Sector median €4,886 · 17,134 companies.
2025 accounts filed 26 days after the deadlineTurnover not published (micro format)
Checked score
51
Fair
Financially stronger than 42% of micro companies in food and beverage service (NACE 56)
Probability in this band: 1.5% to 4.2%
Bankruptcy probability within 12 months
3.0% Moderate
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 1.8% across 23,788 companies (NACE 56, micro).
About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
05-2025: 3.9%
06-2025: 4.0%▲ +0.1 percentage points vs 05-2025
07-2025: 4.1%▲ +0.1 percentage points vs 06-2025
08-2025: 4.4%▲ +0.3 percentage points vs 07-2025
09-2025: 4.5%▲ +0.1 percentage points vs 08-2025
10-2025: 4.8%▲ +0.3 percentage points vs 09-2025
11-2025: 5.3%▲ +0.5 percentage points vs 10-2025
12-2025: 5.3%● unchanged vs 11-2025
01-2026: 5.1%▼ -0.2 percentage points vs 12-2025
02-2026: 5.1%● unchanged vs 01-2026
03-2026: 5.4%▲ +0.3 percentage points vs 02-2026
04-2026: 5.5%▲ +0.1 percentage points vs 03-2026
05-2026: 5.5%● unchanged vs 04-2026highest value
06-2026: 5.5%● unchanged vs 05-2026highest value
07-2026: 5.5%● unchanged vs 06-2026highest value
08-2026: 5.5%● unchanged vs 07-2026highest value
09-2026: 3.0%▼ -2.5 percentage points vs 08-2026lowest value
10-2026: 3.0%● unchanged vs 09-2026
11-2026: 3.0%● unchanged vs 10-2026
Financial strengthWeak
Score breakdown
raises risk
Sector: Food and beverage service activities (NACE 56)
Founded in 2024
Negative equity -€4,219
lowers risk
Liquidity: current ratio 4.17, cash €11,113
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 56, micro). It does better than 20% of them on solvency, 97% on liquidity and 8% on profitability.
The bankruptcy probability was computed on 09-11-2026 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 moderate class on 30-06-2025, 2.4% 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, 7,639 companies had the same profile as EMCD has now. Each dot stands for 20 companies, two years later.
84.7%
were still trading
5.6%
stopped another way
8.8%
went bankrupt
Another 0.8% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of EMCD itself: 3.0% within 12 months.
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.
| 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 7,639 companies, not a prediction for EMCD. 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 verdict
No credit on open account
Liquidity is ample, with a current ratio of 4.17, above the usual 1.5. Short-term debt is 11.1% and cash 39.4% of total assets. However, equity is negative.
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 risk
raises risk · 2025 accounts filed 26 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 26-08-2026, 26 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 1 filingDeviation from the deadline
2025
26 days late
← before the deadline
after the deadline →
Searched, nothing found (1)
Board and ownership
- DEDOBBELEER Maxime André Marius 75 sharesdeed of 18-04-2024
- DEDOBBELEER Charlotte 25 sharesdeed of 18-04-2024
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:1008466537
Incorporation
Founding capital of €10,000, 100 shares · Founders: DEDOBBELEER Maxime André Marius and DEDOBBELEER Charlotte · Appointments: DEDOBBELEER Maxime André Marius (director) and DEDOBBELEER Charlotte (director) · published on 18-04-2024 · Gazette deed
First establishment
Rue du Carnois 44, Binche
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| EMCD Binche | €28,209 | -€5,163 | -15.0% | - |
| FAM MARKET Enghien | €29,978 | -€44,246 | -181.2% | - |
| GOLD MOON Dilbeek | €28,273 | -€12,116 | -26.2% | - |
| RAPIDO SNACK Sambreville | €27,009 | -€281 | 58.6% | - |
| CDNT Keerbergen | €28,062 | -€4,992 | -92.4% | - |
| MENZEL Zoersel | €26,443 | -€821 | -56.5% | - |
| VBDN Beveren-Kruibeke-Zwijndrecht | €27,217 | -€6,076 | 75.8% | - |
These companies have the same main activity as EMCD: limited-service restaurants, excluding mobile food services (NACE 56112). They are comparable in size and age: total assets between €26,400 and €30,000, founded in 2024.
Official details
Source: KBO- Status
- Active since 16-04-2024Normal situation
- Activity
- Limited-service restaurants, excluding mobile food servicesNACE 56112
- Establishment unit
- 2.359.214.5017134 Binche, since 16-04-2024
- Financial year end
- 31 December
- Peppol
- Reachable since 05-12-2025
Insights on EMCD
The computed 12-month bankruptcy probability of EMCD is 3.0% (moderate). The 2025 annual accounts show negative equity (-€4,219) and a net result of -€14,219.
Its solvency ranks better than 20% of 17,158 sector peers (NACE 56, financial year 2025). The company has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Financials
Annual accounts 2025
micro format, filed on 26-08-2026, 26 days late-€5,163
-€12,780
-€14,219
€9,918
-15.0%
4.17
Turnover and EBIT margin are not published. The micro format does not require them.
Balance sheet
balance sheet total €28,209 on 31-12-2025What the company ownsHow it is paid for
Position in the sector
-15.0%
Higher than 20% of 17,158 companies in 2025.
4.17
Higher than 90% of 16,582 companies in 2025.
-50.4%
Higher than 7% of 16,665 companies in 2025.
EMCD
Middle half of the sector
80% of the sector
Micro accounts in food and beverage service (NACE 56)
Net result: bottom quarter · Equity: bottom quarter · Balance sheet total: bottom quarter · Working capital: middle half
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 |
|---|---|---|
| Balance sheet: assets | ||
20/58 |
28,209 | |
20 |
1,071 | |
21/28 |
14,089 | |
21 |
4,545 | |
22/27 |
9,544 | |
24 |
9,544 | |
29/58 |
13,049 | |
3 |
223 | |
30/36 |
223 | |
40/41 |
1,713 | |
40 |
1,481 | |
41 |
232 | |
54/58 |
11,113 | |
| Balance sheet: equity and liabilities | ||
10/49 |
28,209 | |
10/15 |
-4,219 | |
10/11 |
10,000 | |
14 |
-14,219 | |
17/49 |
32,428 | |
17 |
29,296 | |
170/4 |
8,189 | |
178/9 |
21,108 | |
42/48 |
3,131 | |
42 |
3,024 | |
44 |
107 | |
440/4 |
107 | |
| Income statement | ||
9900 |
-5,163 | |
630 |
7,034 | |
640/8 |
584 | |
9901 |
-12,780 | |
65/66B |
1,438 | |
65 |
1,438 | |
9903 |
-14,219 | |
9904 |
-14,219 | |
9905 |
-14,219 | |
| Appropriation of the result | ||
9906 |
-14,219 | |
| Document | ||
The notes to these accounts have 10 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 26-08-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank2025 annual accounts filed 26 days after the deadline. Filed on 26 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00427551.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 26-08-2026 | 2026-00427551 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 |
|---|---|---|
| -5,746 | ||
| -7,185 | ||
| 20,053 | ||
| 9,918 | ||
| -15.0% | ||
| 4.17 | ||
| 4.10 | ||
| -50.4% | ||
| -3.99 |
Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.
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.
Investments
fixed assets acquired| Item | 2025 |
|---|---|
| Tangible fixed assets | €14,268 |
| Intangible fixed assets | €5,785 |
| €7,034 |
Source: notes to the 2025 annual accounts (statement of fixed assets)
Insights on EMCD
Equity is negative. Debt (€32,428) exceeds the balance-sheet total (€28,209).
Board & ownership
Board
2 directors, since incorporationDirector (not named in the articles)
appointed by deed of 18-04-2024
term without a fixed end
also on the board of 2 other companies
Director (not named in the articles)
appointed by deed of 18-04-2024
term without a fixed end
Mandates through the years
2 names, the dashed line is todayCharlotte DEDOBBELEER
Director (not named in the articles)
Director (not named in the articles)
DEDOBBELEER Maxime André Marius
Director (not named in the articles)
Director (not named in the articles)
Board
Mandates as a list
- Charlotte DEDOBBELEER
- Director (not named in the articles), appointed by deed of 18-04-2024, still in office
- DEDOBBELEER Maxime André Marius
- Director (not named in the articles), appointed by deed of 18-04-2024, still in office
Control
This company
EMCD
Equity -€4,219
Loss €14,219 in 2025
Capital
- Contribution
- €10,000
- Shares
- 100
- Contribution per share
- €100
- Equity per share
- -€42.19 in 2025
- Source
- deed of 18-04-2024
Articles of association
deed of 18-04-2024 (in French)- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimited
- Statutory auditorA statutory auditor is a registered auditor who checks the annual accounts. Small companies need not have one. According to the deed, the legal criteria do not require one here.
- No statutory auditor
Shareholders
At incorporation
deed of 18-04-2024 ↗
- DEDOBBELEER Maxime André Marius 75 shares (75%) · €7,500
- DEDOBBELEER Charlotte 25 shares (25%) · €2,500
Network & group
No group
EMCD has no parent and no holdings in its annual accounts.
Connections & network
2 connected companiesThe 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
F.D.J.
via Charlotte DEDOBBELEER · Director · deed of 21-05-2024
Founded in 1999 · total assets €783,095 (2025)
→
FIDUCIAIRE MAIRESSE
via Charlotte DEDOBBELEER · Director · deed of 26-04-2021
No longer active · total assets €74 (2023)
→
Timeline
Timeline
4 events since 2024Filings
Establishments
202420252026
2026
Annual accounts 2025 filed NBBmicro format · 26 days late
2025
Registered in the Peppol Directory Reachable for e-invoices through 0208:1008466537
2024
IncorporationFounding capital of €10,000, 100 shares · Founders: DEDOBBELEER Maxime André Marius and DEDOBBELEER Charlotte · Appointments: DEDOBBELEER Maxime André Marius (director) and DEDOBBELEER Charlotte (director) · published on 18-04-20247 points ▸
- Registered office clause, rue du Carnois 44 boite A, 7134 Leval-Trahegnies
- Director appointment, DEDOBBELEER Maxime André Marius (director (not named in the articles))
- Director appointment, DEDOBBELEER Charlotte (director (not named in the articles))
- Founder, DEDOBBELEER Maxime André Marius
- Founder, DEDOBBELEER Charlotte
- Founding capital, €10,000, 100 shares
- 100 shares
- The deed holds 8 more points.
First establishment Rue du Carnois 44, Binche
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
Company details
Identity
- Enterprise number
- 1008.466.537
- VAT number
- BE 1008.466.537
- Peppol ID
- 0208:1008466537
- Other Peppol ID
- 9925:BE1008466537
- Legal form
- Private limited company
- Status
- Active, normal situation
- Founded
- 16-04-2024
- Financial year
- ends on 31 December
- Peppol
- Reachable since 05-12-2025Follow this company and you will hear the next morning if it leaves the Peppol register.
- Name
- EMCD in French
- Entity type
- Legal entity
- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimiteddeed of 18-04-2024 (in French)
- Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
- “Région Wallonne”deed of 18-04-2024 (in French)
Activities
NACEBEL 202556112
Limited-service restaurants, excluding mobile food services main activity
Codes under NACEBEL 2008
56102
Limited-service restaurants main activity
- PurposeThe purpose describes the activities the company may carry out under its articles.
- “Le commerce ambulant pour la vente de tous produits alimentaires, préparés ou non, ainsi que la vente au détail de plats préparés, repas sur…”deed of 18-04-2024 (in French)
6 activities
- Le commerce ambulant pour la vente de tous produits alimentaires, préparés ou non, ainsi que la vente au détail de plats préparés, repas sur commande, et toutes autres préparations au sens large, à consommer sur place ou à emporter, ainsi que l'organisation d'évènements ;
- La préparation, la livraison et la vente de tous produits, spécialités, repas et préparations au sens large ;
- Le conseil aux entreprises au sens large ainsi que le développement marketing ;
- Le commerce sous toutes ses formes et notamment l'importation, l'exportation, l'achat et la vente en gros ou au détail, la représentation et le courtage, ainsi que la fabrication, la transformation et le transport de toutes marchandises et tous produits alimentaires et boissons, y compris les matières premières, ainsi que tout matériel de cuisine ou lié directement ou indirectement au secteur de l’Horeca ;
- L'exploitation de foodtruck sous forme de franchise.
- Toute activité se rapportant au secteur HORECA : l’exploitation de brasseries, restaurants en général dont notamment l’exploitation de service traiteur, snack-bars, salons de consommations divers, hôtels, restauration de collectivités, bars tavernes, cafétarias, marchand ambulant, etc… dans tous les endroits généralement quelconques où il peut être servi des boissons et/ou des repas généralement quelconques et sous quelque forme que ce soit.
Registered office and establishments
1 establishment| Establishment | Since | Unit number | FASFC approval |
|---|---|---|---|
| Rue du Carnois 44 registered office 7134 Binche | 16-04-2024 | 2.359.214.501 | Itinerant food vendors |
Buildings and parcels at the address
- Ground area
- 379 m²
- Buildings
- 88 m²
- Volume, LiDAR
- 619 m³
- Tallest building
- 10.3 m
Buildings to scale, each on its own parcel
Parcels
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 56043B0365/00P000 | 379 m² | 1 · 88 m² | 10.3 m · 2 |
Recognitions
Food safety, FASFC
1 siteBincheunit number 2.359.214.501