EMCS
Annual accounts 2025
micro format, filed on 08-04-2026, 114 days before the deadlineTurnover and EBIT margin are not published. The micro format does not require them.
Balance sheet
balance sheet total €901 on 31-12-2025in euro
Position in the sector
-
Higher than 7% of 7,365 companies in 2022.
-
Higher than 14% of 7,118 companies in 2022.
-
Lower than 95% of 7,200 companies in 2022.
Net result: bottom quarter · Equity: bottom quarter · Balance sheet total: bottom quarter · Working capital: bottom quarter
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||
20/58 |
901 | 588 | 319 | 13,017 | 39,943 | |
21/28 |
- | - | - | 270 | 773 | |
22/27 |
- | - | - | 270 | 773 | |
24 |
- | - | - | 270 | 773 | |
29/58 |
901 | 588 | 319 | 12,748 | 39,170 | |
40/41 |
901 | 588 | 319 | 10,340 | 36,495 | |
40 |
- | - | - | 6,595 | 11,309 | |
41 |
901 | 588 | 319 | 3,745 | 25,186 | |
54/58 |
- | - | - | - | 294 | |
490/1 |
- | - | - | 2,408 | 2,381 | |
| Balance sheet: equity and liabilities | ||||||
10/49 |
901 | 588 | 319 | 13,017 | 39,943 | |
10/15 |
-21,400 | -18,385 | -16,022 | -7,739 | 22,565 | |
10/11 |
5,000 | 5,000 | 5,000 | 5,000 | 5,000 | |
13 |
17,565 | 17,565 | 17,565 | 17,565 | 17,565 | |
133 |
17,565 | 17,565 | 17,565 | 17,565 | 17,565 | |
14 |
-43,966 | -40,950 | -38,587 | -30,304 | - | |
17/49 |
22,301 | 18,973 | 16,341 | 20,756 | 17,378 | |
42/48 |
22,301 | 18,973 | 16,341 | 20,756 | 17,378 | |
43 |
5,149 | 4,913 | 4,425 | 5,143 | - | |
430/8 |
5,149 | 4,913 | 4,425 | 5,143 | - | |
44 |
224 | 332 | - | 9,551 | 9,759 | |
440/4 |
224 | 332 | - | 9,551 | 9,759 | |
45 |
- | - | 337 | 6,062 | 7,619 | |
450/3 |
- | - | 337 | 6,062 | 7,619 | |
47/48 |
16,928 | 13,729 | 11,579 | - | - | |
| Income statement | ||||||
9900 |
-1,532 | -1,541 | -5,826 | -26,649 | 23,417 | |
630 |
- | - | 270 | 504 | 738 | |
640/8 |
846 | 148 | 523 | 645 | 133 | |
9901 |
-2,378 | -1,689 | -6,619 | -27,798 | 22,546 | |
75/76B |
- | - | 0 | 7 | 1,329 | |
75 |
- | - | 0 | 7 | 1,329 | |
65/66B |
637 | 674 | 1,665 | 2,176 | 1,443 | |
65 |
637 | 674 | 1,665 | 2,176 | 1,443 | |
9903 |
-3,015 | -2,363 | -8,283 | -29,966 | 22,432 | |
67/77 |
- | - | - | 337 | 4,866 | |
9904 |
-3,015 | -2,363 | -8,283 | -30,304 | 17,565 | |
9905 |
-3,015 | -2,363 | -8,283 | -30,304 | 17,565 | |
| Appropriation of the result | ||||||
9906 |
-43,966 | -40,950 | -38,587 | -30,304 | 17,565 | |
14P |
-40,950 | -38,587 | -30,304 | - | - | |
691/2 |
- | - | - | - | 17,565 | |
6921 |
- | - | - | - | 17,565 | |
| Document | ||||||
The notes to these accounts have 3 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 08-04-2026.
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 | 08-04-2026 | 2026-00074368 | |
| 31-12-2024 | micro format | 23-06-2025 | 2025-00169242 | |
| 31-12-2023 | micro format | 25-07-2024 | 2024-00288926 | |
| 31-12-2022 | micro format | 11-08-2023 | 2023-00324400 | |
| 31-12-2021 | micro format | 12-07-2022 | 2022-20192782 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| - | - | -6,349 | -27,294 | 23,284 | ||
| - | - | -8,014 | -29,800 | 18,303 | ||
| - | - | 0 | 0 | 1,512 | ||
| -21,400 | -18,385 | -16,022 | -8,008 | 21,792 | ||
| - | - | - | -59.5% | 56.5% | ||
| - | - | - | 0.61 | 2.25 | ||
| - | - | - | - | 0.77 | ||
| - | - | - | - | 77.8% | ||
| - | - | - | -232.8% | 44.0% | ||
| - | - | -3.81 | -12.54 | 16.13 |
The ratios are withheld because a balance sheet total of €901 is too small for a meaningful ratio.
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 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | - | - | - | - | €1,512 |
| - | - | €270 | €504 | €738 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Insights on EMCS
The operating result for 2025 is a loss of €2,378, larger than the loss of €1,689 in 2024.
Equity is negative. Debt (€22,301) exceeds the balance-sheet total (€901).