Equity
-€149
Debts exceed assets in financial year 2025.
EMD Elektro
Lifetime
16 annual accounts with figures on one time axispeak €260,044 (2014)
€3,675▲ €5,131
lowest -€9,682 (2016)
€2,985▲ €4,239
peak €23,730 (2011)
-€149▲ €2,985
€185,690▲ 9.5%
peak 4.8 FTE (2014)
-not published
Board2 names since 2022
1 director
Owners
Documentsfilings and deeds
15-12-202547 days before the deadline
2025micro format
Gross margin from -€1,457 to €3,675Back to profit: €2,985Registered office moved from Ingelmunster to Izegem 09-04Equity from -€3,134 to -€149
Key points
from the 2025 annual accountsChecked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 1,378 companies had the same profile as EMD Elektro has now. Each dot stands for 4 companies, two years later.
94.3%
were still trading
3.2%
stopped another way
2.4%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,331 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 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
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 1,378 companies, not a prediction for EMD Elektro. 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
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Signals
Board and ownership
Daily manager
- 100%bankrupt since 10-04-2025equity €135,390 (2023) · 30-09-2023 annual accounts of
Recent changes
Registered office moved from Ingelmunster to Izegem
New registered office: Kortrijksestraat 341, 8870 Izegem · Previous registered office: Rozestraat 2, 8770 Ingelmunster · Change of role: , from legal representative to director · General meeting of 28-02-2025 · Gazette deed
Change of role: , from manager to director
Permanent representatives: and · Director discharge: (manager) · General meeting of 05-12-2023 · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0808058401
First establishment
Kortrijksestraat 341, Izegem
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| EMD Elektro Izegem | €185,541 | €3,675 | -0.1% | - |
| BRICKS PROJECTS Koksijde | €160,777 | €3,941 | -80.8% | - |
| VANTORRE CONSTRUCT Knokke-Heist | €158,465 | €5,528 | 4.9% | 0 |
| D & N PROJECTS Opwijk | €176,462 | €5,755 | 35.2% | - |
| FG GROUP Antwerp | €216,203 | €5,457 | -79.4% | - |
| Pavé Immo Waimes | €199,474 | €6,574 | -13.8% | - |
| RENOVATIE TEAM Schoten | €228,598 | €4,020 | 70.0% | - |
These companies have the same main activity as Elektro: development of residential building projects (NACE 68121). They are comparable in size and age: total assets between €158,000 and €229,000, founded between 2004 and 2011.
Official details
Source: KBO- Status
- Active since 25-11-2008Normal situation
- Activity
- Development of residential building projectsNACE 68121and 5 others
- Establishment unit
- 2.174.677.8408870 Izegem, since 09-12-2008
- Financial year end
- 30 June
- Peppol
- Reachable since 20-11-2020
Annual accounts to 30-06-2025
- ≈ €15,000estimated
- €185,541▲ 11.4%
- Filing
- Filed on 15-12-2025, 47 days before the end of the filing period
Insights on EMD Elektro
Elektro files the micro format. That format states no turnover. The gross margin fell from €13,437 in 2010 to €3,675 in 2025.
holds all the shares. went bankrupt on 10 April 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about EMD Elektro
- What is the company number of EMD Elektro?
- The company number of Elektro is 0808.058.401. The VAT number is the same number with BE in front: BE 0808.058.401.
- Where is EMD Elektro based?
- The registered office is at Kortrijksestraat 341, 8870 Izegem.Company details
- What does EMD Elektro do?
- According to the KBO register, the main activity is development of residential building projects (NACE 68121).
- What is the legal form of EMD Elektro?
- Elektro is a private limited company (BV).
- When was EMD Elektro founded?
- Elektro was founded on 25-11-2008.
- Is EMD Elektro still active?
- Yes, Elektro is an active enterprise in the KBO register.
- What is the turnover of EMD Elektro?
- The turnover in financial year 2025 is ≈ €15,000. This figure is estimated from the gross margin of €3,675 and 48 comparable companies (NACE 68121). It probably lies between €7,500 and €48,000. It is a rough estimate.Financials
- Is EMD Elektro profitable?
- In financial year 2025, Elektro made a profit of €2,985.
- Where can I find the annual accounts of EMD Elektro?
- Elektro filed 16 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of EMD Elektro due?
- Elektro must file the annual accounts for financial year 2026 by 31-01-2027.Timeline
Next steps
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