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EMDAK

Active
Private limited companyfounded 20242 yrs activeHortensiastraat 6, 3600 Genk, BelgiumKBO/BCE: BE 1007.157.532
Summary

The computed 12-month bankruptcy probability of EMDAK is 5.1% (elevated). The 2024 annual accounts show negative equity (-€931) and a net result of -€5,931. Its solvency ranks better than 9% of 36377 sector peers (fiscal year 2024). The company has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2024
Axes
Profitability0
Solvency18
Growth-
Track record67
Bankruptcy probability, 12 months
5.1% Elevated
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.37; short-term debt: 106.8% and cash: 4.4% of total assets), and equity is negative.
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Signals

Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 2 years 0 10 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 2024
Solvency, return and age of the figures
Solvency
-6.8%
Return on assets
-43%
Age of the figures
21 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 31-08-2025, 31 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 · 1 filing
Deviation from the deadline
2024
31 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its 2024 accounts 31 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.

Checked, nothing found (1)
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

EMDAK was incorporated on 14 March 2024 as a Private limited company.1 The company has filed annual accounts once, for fiscal year 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2024

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Financials · fiscal year 2024, micro schema

Equity
-€931
Total assets
€13,788
Net result
-€5,931
Working capital
-€9,342

Turnover and EBIT margin not published: the micro schema does not require them.

Balance-sheet composition
Assets €13,788
Fixed assets €8,411
Current assets €5,377
Key figures and ratios
2024 value
EBITDA
-€4,900
Cash flow
-€5,042
Solvency
-6.8%
Current ratio
0.37
ROA
-43.0%
Interest coverage
-34.49
Debt
€14,719
Debt ≤ 1 year
€14,719
Equity ratios withheld: equity of -€931 is too small for a meaningful ratio.
Annual accounts
Filed annual accounts As filed with the NBB · 2024 · 29 lines
Balance sheet Code2024
Assets
Total assets20/58€13,788
Fixed assets21/28€8,411
Tangible fixed assets22/27€8,411
Furniture and vehicles24€8,411
Current assets29/58€5,377
Amounts receivable within one year40/41€3,754
Trade receivables40€1,681
Other amounts receivable41€2,074
Cash at bank and in hand54/58€611
Deferred charges and accrued income490/1€1,012
Equity and liabilities
Total equity and liabilities10/49€13,788
Equity10/15-€931
Contributions10/11€5,000
Profit (loss) carried forward14-€5,931
Amounts payable17/49€14,719
Amounts payable within one year42/48€14,719
Trade debts44€14,719
Suppliers440/4€9,719
Bills of exchange payable441€5,000
Income statement Code2024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€889
Other operating charges640/8€833
Gross operating margin9900-€4,067
Operating profit (loss)9901-€5,789
Financial charges65/66B€142
Recurring financial charges65€142
Profit (loss) for the period before taxes9903-€5,931
Profit (loss) for the period9904-€5,931
Profit (loss) for the period to be appropriated9905-€5,931
Appropriation of the result
Profit (loss) to be appropriated9906-€5,931

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€889
Other operating charges640/8€833
Gross operating margin9900-€4,067
Operating profit (loss)9901-€5,789
Financial charges65/66B€142
Recurring financial charges65€142
Profit (loss) for the period before taxes9903-€5,931
Profit (loss) for the period9904-€5,931
Profit (loss) for the period to be appropriated9905-€5,931
Line2024
Assets
Total assets20/58€13,788
Fixed assets21/28€8,411
Tangible fixed assets22/27€8,411
Furniture and vehicles24€8,411
Current assets29/58€5,377
Amounts receivable within one year40/41€3,754
Trade receivables40€1,681
Other amounts receivable41€2,074
Cash at bank and in hand54/58€611
Deferred charges and accrued income490/1€1,012
Equity and liabilities
Total equity and liabilities10/49€13,788
Equity10/15-€931
Contributions10/11€5,000
Profit (loss) carried forward14-€5,931
Amounts payable17/49€14,719
Amounts payable within one year42/48€14,719
Trade debts44€14,719
Suppliers440/4€9,719
Bills of exchange payable441€5,000
Line2024
Profit (loss) for the period9904-€5,931
+ Depreciation and write-downs630€889
Operating cash flow (approximation)-€5,042

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

2025
31-08
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 31 days late
NBB filing
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
1 act for this company is 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, Genk · 1 establishment unit since 2024
seat establishment The establishment unit on the map
Ground area
571 m²
Building footprint
77 m²
Volume, LiDAR
500 m³
Parcel 71307H0002/00S138, Flanders · tallest building 10.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
EMDAK
Hortensiastraat 6, 3600 GenkSpecialised construction activities
since 20242.357.747.821
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
71307H0002/00S138 Flanders 571 m² 1 · 77 m² 10.2 m · 2 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.

Similar companies · same sector and region

This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 8,574 companies in sector 43410 we hold annual accounts for 4,366. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded14-03-2024
Fiscal year end31-12
Activities, NACEBEL 2025
43410Roofing work
47811Retail sale of cars and light vans (up to 3.5 tonnes)
46180Agents specialised in the wholesale of other particular products

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