EMD-Trading
ActiveSummary
EMD-Trading has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.2m and a net result of €547,018. Equity is growing by ~29.5% per year across the filed fiscal years. Its solvency ranks better than 94% of 8281 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability100=
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €90,000 at 30 days acceptable
Liquidity ample (current ratio 13.21 against 17.89 in 2024; short-term debt: 7.3% and cash: 9.8% of total assets), and 7.3% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
92.7%
Return on assets
42.3%
Age of the figures
9 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Wholesale trade (NACE 46)
about 21% more bankruptcies
← fewer bankruptcies
more bankruptcies →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 07-08-2026, 7 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 6 filingsDeviation from the deadline
2025
7 d late
2024
21 d late
2023
110 d late
2022
11 d early
2021
24 d late
2020
11 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 23 days after the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 21 August (4 of the last 5 filed years within 32 days of that day).
Companies Code · seven monthsPosition in the running window
01-10-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, abbreviated schema
Equity
€1.2m▲ 45.0%
2024 · €827,371
Total assets
€1.3m▲ 48.2%
2024 · €872,826
Net result
€547,018▲ 104%
2024 · €268,305
Working capital
€1.2m▲ 50.1%
2024 · €767,532
Trend over the years
In euros
In per cent
Ratio
In full-time equivalents (FTE)
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
In full-time equivalents (FTE)
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 46, Wholesale trade, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€260,375▲ 4.9%€298,154▲ 14.5%€308,428▲ 3.4%€344,476▲ 11.7%€724,957▲ 110%
Net result€179,573within the sector's middle half▲ 11.0%€203,406above the sector's middle half▲ 13.3%€226,942above the sector's middle half▲ 11.6%€268,305above the sector's middle half▲ 18.2%€547,018above the sector's middle half▲ 104%
Equity€353,718within the sector's middle half▲ 103%€557,124above the sector's middle half▲ 57.5%€734,066within the sector's middle half▲ 31.8%€827,371within the sector's middle half▲ 12.7%€1.2mabove the sector's middle half▲ 45.0%
Total assets€437,378below the sector's middle half▲ 62.9%€659,676above the sector's middle half▲ 50.8%€813,600within the sector's middle half▲ 23.3%€872,826within the sector's middle half▲ 7.3%€1.3mwithin the sector's middle half▲ 48.2%
Debt€83,660▼ 11.3%€102,551▲ 22.6%€79,534▼ 22.4%€45,456▼ 42.8%€94,392▲ 108%
Working capital€348,727within the sector's middle half▲ 105%€551,798above the sector's middle half▲ 58.2%€664,518within the sector's middle half▲ 20.4%€767,532within the sector's middle half▲ 15.5%€1.2mabove the sector's middle half▲ 50.1%
Solvency80.9%above the sector's middle half▲ 16.0pp84.5%above the sector's middle half▲ 3.6pp90.2%above the sector's middle half▲ 5.8pp94.8%above the sector's middle half▲ 4.6pp92.7%above the sector's middle half▼ 2.1pp
Current ratio5.17above the sector's middle half▲ 2.376.38above the sector's middle half▲ 1.219.36above the sector's middle half▲ 2.9717.89above the sector's middle half▲ 8.5313.21above the sector's middle half▼ 4.68
Return on assets (ROA)41.1%above the sector's middle half▼ 19.2pp30.8%above the sector's middle half▼ 10.2pp27.9%above the sector's middle half▼ 2.9pp30.7%above the sector's middle half▲ 2.8pp42.3%above the sector's middle half▲ 11.5pp
Staff (FTE)0below the sector's middle half0below the sector's middle half
above
within
below
the middle half (P25 to P75) of NACE 46, Wholesale trade, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen four years in a row; 2025 is 110% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.3m
Fixed assets
€47,243 ▼ 21.0%
Current assets
€1.2m ▲ 53.3%
Equity and liabilities €1.3m
Equity
€1.2m ▲ 45.0%
Debt
€94,392 ▲ 108%
Debt's share of the balance-sheet total rises from 5.2% to 7.3%. Equity and debt are higher.
Key figures and ratios
EBITDA
€742,538▲
2024 · €362,987
Cash flow
€564,599▲
2024 · €286,816
Debt to equity
0.08▲
2024 · 0.05
ROE
45.6%▲
2024 · 32.4%
Interest coverage
1817.99▲
2024 · 876.02
Debt ≤ 1 year
€94,392▲
2024 · €45,456
Income taxes
€185,384▲
2024 · €88,964
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 6,781 companies that looked in July 2024 the way this one looks now, 0.6% went bankrupt within 24 months and 97% are still going.
- Small
- 5 to 10 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.6%
went bankrupt
2.7%
stopped otherwise
97%
still going
For this company itself Checked computes a higher bankruptcy probability: 1.0% 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 497,341 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 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% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% 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 6,781 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
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | €6,417 | €0 | - | - |
| Remuneration, social security and pensions62 | €77 | - | - | €0 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,627 | €1,795 | €15,220 | €18,511 | €17,581 | ▼ 5.0% |
| Other operating charges640/8 | €280 | €631 | €1,223 | €4,183 | €1,239 | ▼ 70.4% |
| Gross operating margin9900 | €262,359 | €300,579 | €324,872 | €367,170 | €743,777 | ▲ 103% |
| Operating profit (loss)9901 | €260,375 | €298,154 | €308,428 | €344,476 | €724,957 | ▲ 110% |
| Financial income75/76B | - | - | €121 | €13,207 | €7,854 | ▼ 40.5% |
| Recurring financial income75 | - | - | €121 | €13,207 | €7,854 | ▼ 40.5% |
| Financial charges65/66B | €405 | €1,020 | €586 | €414 | €408 | ▼ 1.4% |
| Recurring financial charges65 | €405 | €1,020 | €586 | €414 | €408 | ▼ 1.4% |
| Profit (loss) for the period before taxes9903 | €259,970 | €297,134 | €307,963 | €357,268 | €732,402 | ▲ 105% |
| Income taxes67/77 | €80,398 | €93,728 | €81,021 | €88,964 | €185,384 | ▲ 108% |
| Profit (loss) for the period9904 | €179,573 | €203,406 | €226,942 | €268,305 | €547,018 | ▲ 104% |
| Profit (loss) for the period to be appropriated9905 | €179,573 | €203,406 | €226,942 | €268,305 | €547,018 | ▲ 104% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €437,378 | €659,676 | €813,600 | €872,826 | €1.3m | ▲ 48.2% |
| Fixed assets21/28 | €4,991 | €5,327 | €69,548 | €59,839 | €47,243 | ▼ 21.0% |
| Tangible fixed assets22/27 | €4,991 | €5,327 | €69,548 | €59,839 | €47,243 | ▼ 21.0% |
| Plant, machinery and equipment23 | €64 | €2,056 | €2,543 | €3,072 | €1,230 | ▼ 60.0% |
| Furniture and vehicles24 | €4,928 | €3,271 | €67,006 | €49,849 | €34,110 | ▼ 31.6% |
| Other tangible fixed assets26 | - | - | - | €6,917 | €11,902 | ▲ 72.1% |
| Current assets29/58 | €432,386 | €654,349 | €744,051 | €812,988 | €1.2m | ▲ 53.3% |
| Amounts receivable within one year40/41 | €66,147 | €4,515 | €42,661 | €76,197 | €108,258 | ▲ 42.1% |
| Trade receivables40 | €65,427 | €0 | €20,664 | €9,386 | €62,711 | ▲ 568% |
| Other amounts receivable41 | €720 | €4,515 | €21,996 | €66,811 | €45,547 | ▼ 31.8% |
| Current investments50/53 | - | €5,062 | €4,470 | €632,076 | €1.0m | ▲ 59.7% |
| Cash at bank and in hand54/58 | €352,673 | €631,093 | €693,059 | €103,894 | €127,239 | ▲ 22.5% |
| Deferred charges and accrued income490/1 | €13,566 | €13,679 | €3,862 | €820 | €1,687 | ▲ 106% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €437,378 | €659,676 | €813,600 | €872,826 | €1.3m | ▲ 48.2% |
| Equity10/15 | €353,718 | €557,124 | €734,066 | €827,371 | €1.2m | ▲ 45.0% |
| Contributions10/11 | €12,400 | €12,400 | €12,400 | €12,400 | €12,400 | = |
| Outside capital11 | €12,400 | - | - | - | - | - |
| Other1109/19 | €12,400 | - | - | - | - | - |
| Reserves13 | €341,318 | €544,724 | €544,724 | €544,724 | €544,724 | = |
| Non-distributable reserves130/1 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Reserves not available under the articles1311 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Distributable reserves133 | €339,458 | €542,864 | €542,864 | €542,864 | €542,864 | = |
| Profit (loss) carried forward14 | - | - | €176,942 | €270,246 | €642,264 | ▲ 138% |
| Amounts payable17/49 | €83,660 | €102,551 | €79,534 | €45,456 | €94,392 | ▲ 108% |
| Amounts payable within one year42/48 | €83,660 | €102,551 | €79,534 | €45,456 | €94,392 | ▲ 108% |
| Financial debts43 | - | - | - | €1,278 | €1,772 | ▲ 38.7% |
| Credit institutions430/8 | - | - | - | €1,278 | €1,772 | ▲ 38.7% |
| Trade debts44 | €3,085 | €5,187 | €28,675 | €40,678 | €4,876 | ▼ 88.0% |
| Suppliers440/4 | €3,085 | €5,187 | €28,675 | €40,678 | €4,876 | ▼ 88.0% |
| Taxes, remuneration and social security45 | €80,398 | €97,228 | €11,000 | €3,500 | €87,744 | ▲ 2,407% |
| Taxes450/3 | €80,398 | €93,728 | €7,500 | €0 | €84,244 | - |
| Remuneration and social security454/9 | - | €3,500 | €3,500 | €3,500 | €3,500 | = |
| Other amounts payable47/48 | €177 | €137 | €39,859 | €0 | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €179,573 | €203,406 | €226,942 | €268,305 | €547,018 | ▲ 104% |
| + Depreciation and write-downs630 | €1,627 | €1,795 | €15,220 | €18,511 | €17,581 | ▼ 5.0% |
| Operating cash flow (approximation) | €181,200 | €205,201 | €242,162 | €286,816 | €564,599 | ▲ 96.9% |
| Investment in fixed assets (approximation) | - | -€2,130 | -€79,442 | -€8,801 | -€4,985 | ▲ 43.4% |
| Change in cash | - | €278,420 | €61,966 | -€589,164 | €23,344 | ▲ 104% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
07-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 7 days late
2025
31-12
Financial
Highest result since 2020net €547,018 ▲104%
Operating result €724,957, net result €547,018, both a record.
31-12
Financial
Equity above €1mEq €1.2m ▲45%
6 profitable years in a row build equity to €1.2m.
21-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 21 days late
2024
18-11
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 110 days late
2023
20-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Equity above €500,000Eq €557,124 ▲57.5%
3 profitable years in a row build equity to €557,124.
24-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 24 days late
2021
31-12
Financial
Equity above €200,000Eq €353,718 ▲103%
2 profitable years in a row build equity to €353,718.
20-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
No directors read yet: 0 of 1 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Schilde · 1 establishment unit since 2019
Ground area
1,435 m²
Building footprint
209 m²
Volume, LiDAR
1,747 m³
Parcel 11922C0476/00G019, Flanders · tallest building 12.7 m, ±3 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
EMD-Trading
since 20192.285.541.912
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11922C0476/00G019 | Flanders | 1,435 m² | 1 · 209 m² | 12.7 m · 3 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.
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Of 4,409 companies in this sector we hold annual accounts for 1,891. 859 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company details
Identification
Legal formPrivate limited company
Founded07-02-2019
Fiscal year end31-12
Activities, NACEBEL 2025
46180Agents specialised in the wholesale of other particular products
E-invoicing
Reachable via Peppol
Peppol ID
0208:0719948054
Also
9925:BE0719948054
Registered
29-07-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 1 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.