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EMD Elektro

Active
Private limited companyfounded 200817 yrs activeKortrijksestraat 341, 8870 Izegem, BelgiumKBO/BCE: BE 0808.058.401
Summary

EMD Elektro has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€149) and a net result of €2,985. Equity is growing by ~7.7% per year across the filed fiscal years. Its solvency ranks better than 20% of 14220 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

Checked score

Score 2025
Axes · tick = 2024
Profitability42▲+6
Solvency25▲+2
Growth78▲+20
Track record100
Bankruptcy probability, 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity tight (current ratio 1.22 against 1.23 in 2024; short-term debt: 81.8% and cash: 3.4% of total assets), and equity is negative.
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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Real estate activities (NACE 68)
about 43% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
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 17 years 0 20 y
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
-0.1%
Return on assets
1.6%
Age of the figures
15 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 20% of 14220 sector peers (2025).
NBB · sector comparison
Position among 14220 sector peers
Solvency
better than 20%
← weakest strongest →
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 15-12-2025, 47 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
47 d early
2024
51 d early
2023
57 d early
2022
54 d early
2021
24 d early
2020
2 d early
2019
1 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 34 days before the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 36% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
30-06-2026 close28-09-2026 today31-01-2027 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 25 November 2008, EMD Elektro was incorporated.1 Total assets went from EUR 167,652 in 2019 to EUR 185,541 in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2019 and 2025

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Financials · fiscal year 2025, micro schema

Equity
-€149▲ 95.2%
2024 · -€3,134
Total assets
€185,541▲ 11.4%
2024 · €166,493
Net result
€2,985
2024 · -€1,255
Working capital
€33,851▲ 7.9%
2024 · €31,372
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 68, Real estate activities, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Operating result-€631▲ 21.5%-€640▼ 1.3%-€673▼ 5.3%-€2,084▼ 209%€3,147
Net result€194within the sector's middle half▲ 857%€187within the sector's middle half▼ 3.6%€154within the sector's middle half▼ 17.6%-€1,255within the sector's middle half€2,985within the sector's middle half
Equity-€2,220below the sector's middle half▲ 8.0%-€2,033below the sector's middle half▲ 8.4%-€1,879below the sector's middle half▲ 7.6%-€3,134below the sector's middle half▼ 66.8%-€149below the sector's middle half▲ 95.2%
Total assets€165,580within the sector's middle half▲ 0.1%€165,771within the sector's middle half▲ 0.1%€165,962within the sector's middle half▲ 0.1%€166,493within the sector's middle half▲ 0.3%€185,541within the sector's middle half▲ 11.4%
Debt€167,800=€167,804=€167,841=€169,626▲ 1.1%€185,690▲ 9.5%
Working capital€32,237▲ 2.1%€32,428▲ 0.6%€32,619▲ 0.6%€31,372▼ 3.8%€33,851▲ 7.9%
Solvency-1.3%below the sector's middle half▲ 0.1pp-1.2%below the sector's middle half▲ 0.1pp-1.1%below the sector's middle half▲ 0.1pp-1.9%below the sector's middle half▼ 0.8pp-0.1%below the sector's middle half▲ 1.8pp
above within below the middle half (P25 to P75) of NACE 68, Real estate activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€4,000-€2,000€0€2,000€4,000Operating result 2021: -€631-€631Net result 2021: €194€194Operating result 2022: -€640-€640Net result 2022: €187€187Operating result 2023: -€673-€673Net result 2023: €154€154Operating result 2024: -€2,084-€2,084Net result 2024: -€1,255-€1,255Operating result 2025: €3,147€3,147Net result 2025: €2,985€2,98520212022202320242025-€4,000-€2,000€0€2,000€4,000Operating result 2023: -€673-€673Net result 2023: €154€154Operating result 2024: -€2,084-€2,080Net result 2024: -€1,255-€1,250Operating result 2025: €3,147€3,150Net result 2025: €2,985€2,980202320242025
The operating result returns to profit in 2025: €3,147 after a loss of €2,084 in 2024, the highest result in the available series.
Key figures and ratios
2025 value · change against 2024
Current ratio
1.22▼
2024 · 1.23
ROA
1.6%▲
2024 · -0.8%
Debt ≤ 1 year
€151,690▲
2024 · €135,121
Debt > 1 year
€34,000=
2024 · €34,000
Equity ratios withheld: equity of -€149 is too small for a meaningful ratio.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 1,381 companies that looked in July 2024 the way this one looks now, 2.0% went bankrupt within 24 months and 94% are still going.

  • Micro
  • 10 to 20 years old
  • negative equity
  • a profit under 5% of the balance sheet
2.0% went bankrupt
3.1% stopped otherwise
94% still going

A further 0.7% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a lower bankruptcy probability: 0.3% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

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 1,381 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 · 37 lines
Balance sheet Code20242025
Assets
Total assets20/58€166,493€185,541▲
Current assets29/58€166,493€185,541▲
Amounts receivable within one year40/41€166,493€174,507▲
Trade receivables40-€7,104
Other amounts receivable41€166,493€167,402▲
Cash at bank and in hand54/58-€6,274
Deferred charges and accrued income490/1-€4,760
Equity and liabilities
Total equity and liabilities10/49€166,493€185,541▲
Equity10/15-€3,134-€149▲
Contributions10/11€18,600€18,600=
Reserves13€2,468€2,468=
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Distributable reserves133€2,468€2,468=
Profit (loss) carried forward14-€24,201-€21,217▲
Amounts payable17/49€169,626€185,690▲
Amounts payable after more than one year17€34,000€34,000=
Financial debts170/4€34,000€34,000=
Amounts payable within one year42/48€135,121€151,690▲
Trade debts44€2,778€13,289▲
Suppliers440/4€2,778€13,289▲
Taxes, remuneration and social security45-€147
Taxes450/3-€147
Other amounts payable47/48€132,343€138,254▲
Accrued charges and deferred income492/3€505€0▼
Income statement Code20242025
Other operating charges640/8€627€528▼
Gross operating margin9900-€1,457€3,675▲
Operating profit (loss)9901-€2,084€3,147▲
Financial income75/76B€829-
Recurring financial income75€829-
Financial charges65/66B-€162
Recurring financial charges65-€162
Profit (loss) for the period before taxes9903-€1,255€2,985▲
Profit (loss) for the period9904-€1,255€2,985▲
Profit (loss) for the period to be appropriated9905-€1,255€2,985▲
Appropriation of the result
Profit (loss) to be appropriated9906-€24,201-€21,217▲
Profit (loss) brought forward from the previous period14P-€22,947-€24,201▼

The notes to these accounts (3 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Other operating charges640/8-€583€616€627€528▼ 15.8%
Gross operating margin9900-€55-€57-€57-€1,457€3,675▲ 352%
Operating profit (loss)9901-€631-€640-€673-€2,084€3,147▲ 251%
Financial income75/76B-€826€827€829--
Recurring financial income75€825€826€827€829--
Financial charges65/66B----€162-
Recurring financial charges65----€162-
Profit (loss) for the period before taxes9903€194€187€154-€1,255€2,985▲ 338%
Profit (loss) for the period9904€194€187€154-€1,255€2,985▲ 338%
Profit (loss) for the period to be appropriated9905€194€187€154-€1,255€2,985▲ 338%
Line20212022202320242025Change
Assets
Total assets20/58€165,580€165,771€165,962€166,493€185,541▲ 11.4%
Current assets29/58€165,580€165,771€165,962€166,493€185,541▲ 11.4%
Amounts receivable within one year40/41€165,580€165,771€165,962€166,493€174,507▲ 4.8%
Trade receivables40----€7,104-
Other amounts receivable41-€165,771€165,962€166,493€167,402▲ 0.5%
Cash at bank and in hand54/58----€6,274-
Deferred charges and accrued income490/1----€4,760-
Equity and liabilities
Total equity and liabilities10/49€165,580€165,771€165,962€166,493€185,541▲ 11.4%
Equity10/15-€2,220-€2,033-€1,879-€3,134-€149▲ 95.2%
Contributions10/11-€18,600€18,600€18,600€18,600=
Reserves13€2,468€2,468€2,468€2,468€2,468=
Non-distributable reserves130/1-€1,860€1,860€0--
Reserves not available under the articles1311-€1,860€1,860€0--
Distributable reserves133-€608€608€2,468€2,468=
Profit (loss) carried forward14-€23,287-€23,101-€22,947-€24,201-€21,217▲ 12.3%
Amounts payable17/49€167,800€167,804€167,841€169,626€185,690▲ 9.5%
Amounts payable after more than one year17€34,000€34,000€34,000€34,000€34,000=
Financial debts170/4-€34,000€34,000€34,000€34,000=
Amounts payable within one year42/48€133,343€133,343€133,343€135,121€151,690▲ 12.3%
Trade debts44€1,000€1,000€1,000€2,778€13,289▲ 378%
Suppliers440/4-€1,000€1,000€2,778€13,289▲ 378%
Taxes, remuneration and social security45----€147-
Taxes450/3----€147-
Other amounts payable47/48-€132,343€132,343€132,343€138,254▲ 4.5%
Accrued charges and deferred income492/3-€461€497€505€0▼ 100%
Line20212022202320242025Change
Profit (loss) for the period9904€194€187€154-€1,255€2,985▲ 338%
Operating cash flow (approximation)€194€187€154-€1,255€2,985▲ 338%

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

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-01-2027
2025
15-12
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
30-06
Financial Back to profitnet €2,985
Net result €2,985 after one loss-making year.
2024
11-12
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2023
05-12
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2022
08-12
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
07-01
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
29-01
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
30-06
Financial Back to profitnet €20
Net result €20 after one loss-making year.
30-01
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
28-01
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
31-01
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
24-01
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts

We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
3 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, Izegem · 1 establishment unit since 2008
seat establishment The establishment unit on the map
Ground area
966 m²
Building footprint
203 m²
Volume, LiDAR
604 m³
Parcel 36493B0560/00M000, Flanders · tallest building 3.9 m, ±1 floor. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
EMD Elektro
Kortrijksestraat 341, 8870 IzegemManufacture of fabricated metal products, except machinery and equipment
since 20082.174.677.840
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
36493B0560/00M000 Flanders 966 m² 1 · 203 m² 3.9 m · 1 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Structure & network

Owners and holdings

1 owner

Chain of control

  1. EMD 100%
  2. EMD Elektro

Highest known parent: EMD. The sources do not say who stands above it.

Owners 1

Holdings 0

No holding stated in the accounts, acts or LEI register we read.

According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

No current directors or connected companies found in the register.

Similar companies · same sector, comparable size

Of 9,699 companies in sector 68121 we hold annual accounts for 7,393. 308 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded25-11-2008
Fiscal year end30-06
Activities, NACEBEL 2025
68121Development of residential building projects
28250Manufacture of machinery and equipment not elsewhere classified
46831Wholesale of construction materials, general range
46841Wholesale trade
73300Public relations and communication consultancy
95210Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles
E-invoicing
Reachable via Peppol
Peppol ID 0208:0808058401
Registered 20-11-2020

Register as of 27 September 2026 · Peppol Directory

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