Emdata
ActiveSummary
The computed 12-month bankruptcy probability of Emdata is 5.0% (elevated). For Emdata, at least two annual filings are missing. The 2022 annual accounts show equity of €10,248 and a net result of -€17,503. Equity has been shrinking by about 28% per year since 2018. Its solvency ranks better than 65% of 15,856 sector peers (NACE 62, financial year 2022). The company has been active since 2017 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Overview
Official details
Source: KBO- Status
- Active since 13-02-2017 Normal situation
- Activity
- Computer consultancy and computer facilities management NACE 62200
- Establishment unit
- 2.261.686.642 3060 Bertem, since 13-02-2017
- Financial year end
- 31 December
- Peppol
- Reachable since 11-12-2025
Financial position
- Bankruptcy probabilitywithin 12 months
- 5.0%
2022 figures too old to score
Annual accounts 2022
- Gross margin
- -€16,156
- ▼ 880%
- Loss
- €17,503
- ▼ 26.3%
- Equity
- €10,248
- ▼ 63.1%
- Total assets
- €14,231
- ▼ 66.3%
- 2023 accounts not filed, 826 days past the deadline
Turnover not published (micro format)
Signalsraises riskFigures for financial year 2022 (filed on 12-09-2023)3 financial years not filed after the legal deadline; last filed accounts filed 42 days late; 1 of the last 3 accounts lateLiquidity: current ratio 3.14, cash €0, halvedTwo or more financial years not filed2022 accounts filed 42 days latelowers riskSector: Computer programming, consultancy and related activities (NACE 62)Show the evidence
Bankruptcy probability
No current score
Figures too old
The latest figures are for FY 2022. They are too old for a current score.
Bankruptcy probability: Elevated
Filing: At least two annual filings are missing
Financial strength, FY 2022 · tick: 2021
Average
Solvency
97+6
equity 72.0% of total assets
Liquidity
39-8
short-term debt 28.0% · cash 0.0%
Profitability
0=
return on assets -123.0%
Bankruptcy probability within 12 months
5.0%
Elevated
0%0.5%1.5%4%10%≥ 25%
About 5 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 2.8%lowest value
01-2025: 3.8%▲ +1.0 percentage point vs 12-2024
02-2025: 3.7%▼ -0.1 percentage points vs 01-2025
03-2025: 3.7%● unchanged vs 02-2025
04-2025: 3.3%▼ -0.4 percentage points vs 03-2025
05-2025: 3.3%● unchanged vs 04-2025
06-2025: 3.2%▼ -0.1 percentage points vs 05-2025
07-2025: 3.2%● unchanged vs 06-2025
08-2025: 4.4%▲ +1.2 percentage points vs 07-2025
09-2025: 4.4%● unchanged vs 08-2025
10-2025: 5.4%▲ +1.0 percentage point vs 09-2025highest value
11-2025: 5.4%● unchanged vs 10-2025highest value
12-2025: 5.4%● unchanged vs 11-2025highest value
01-2026: 5.4%● unchanged vs 12-2025highest value
02-2026: 5.4%● unchanged vs 01-2026highest value
03-2026: 5.4%● unchanged vs 02-2026highest value
04-2026: 5.4%● unchanged vs 03-2026highest value
05-2026: 5.4%● unchanged vs 04-2026highest value
06-2026: 5.4%● unchanged vs 05-2026highest value
07-2026: 5.4%● unchanged vs 06-2026highest value
08-2026: 5.0%▼ -0.4 percentage points vs 07-2026
09-2026: 5.0%● unchanged vs 08-2026
10-2026: 5.0%● unchanged vs 09-2026
11-2026: 5.0%● unchanged vs 10-2026
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises risk
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2023, 3 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 6 filingsPosition against the passed deadline
31-12-2023 year end31-07-2024 deadline04-11-2026 today
raises risk · 2022 accounts filed 42 days late
The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 11-09-2023, 42 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 6 filingsDeviation from the deadline
2025
not filed
2024
not filed
2023
not filed
2022
42 days late
2021
24 days late
2020
26 days early
2019
14 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 4 accounts on average 14 days after the deadline. In the sector (NACE 62), the median for financial year 2024 was 9 days before the deadline, and 33% of those companies filed late.
Searched, nothing found (1)
Financials
Financials · financial year 2022, micro format
2023 annual accounts not yet filed, deadline passed on 31 July 2024 The financial year closed on 31 December 2023. The accounts are due at the latest 7 months after the close (Companies Code art. 3:10). 3 financial years without a filing since the last one filed. Source: NBB filings, as of 4 November 2026.
Annual accounts 2022 filed on 11-09-2023 PDF all 6 filings
Equity
€10,248▼ 63.1%
2021 · €27,750
Total assets
€14,231▼ 66.3%
2021 · €42,279
Net result
-€17,503▲ 26.3%
2021 · -€23,743
Working capital
€8,517▼ 66.5%
2021 · €25,390
Multi-year overview
2018 to 2022, 5 financial yearsOperating result
-€17,404
▲ 28.4%
2022
20182022
Net result
-€17,503
▲ 26.3%
2022
lowest quarter of the sector
20182022
Equity
€10,248
▼ 63.1%
2022
lowest quarter of the sector
20182022
Total assets
€14,231
▼ 66.3%
2022
lowest quarter of the sector
20182022
Debt
€3,983
▼ 72.6%
2022
20182022
Working capital
€8,517
▼ 66.5%
2022
lowest quarter of the sector
20182022
Solvency
72.0%
▲ 6.4pp
2022
middle half of the sector
20182022
Current ratio
3.14
▲ 0.39
2022
middle half of the sector
20182022
Return on assets (ROA)
-123.0%
▼ 66.8pp
2022
lowest quarter of the sector
20182022
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line20182019202020212022
Operating result€6,278--€7,643€27,412-€24,316-€17,404▲ 28.4%
Net result€3,434--€10,982€21,068within the sector's middle half-€23,743below the sector's middle half-€17,503below the sector's middle half▲ 26.3%
Equity€41,408-€30,425▼ 26.5%€51,494within the sector's middle half▲ 69.2%€27,750within the sector's middle half▼ 46.1%€10,248below the sector's middle half▼ 63.1%
Total assets€85,682-€55,404▼ 35.3%€73,162within the sector's middle half▲ 32.1%€42,279below the sector's middle half▼ 42.2%€14,231below the sector's middle half▼ 66.3%
Debt€44,274-€24,979▼ 43.6%€21,669▼ 13.3%€14,529▼ 33.0%€3,983▼ 72.6%
Working capital€17,940-€3,244▼ 81.9%€35,829within the sector's middle half▲ 11×€25,390within the sector's middle half▼ 29.1%€8,517below the sector's middle half▼ 66.5%
Solvency48.3%-54.9%▲ 6.6pp70.4%within the sector's middle half▲ 15.5pp65.6%within the sector's middle half▼ 4.7pp72.0%within the sector's middle half▲ 6.4pp
Current ratio5.69-1.36▼ 4.343.52within the sector's middle half▲ 2.162.75within the sector's middle half▼ 0.773.14within the sector's middle half▲ 0.39
Return on assets (ROA)4.0%--19.8%▼ 23.8pp28.8%above the sector's middle half▲ 48.6pp-56.2%below the sector's middle half▼ 85.0pp-123.0%below the sector's middle half▼ 66.8pp
above
within
below
The sector band is the middle half of the companies in Computer programming, consultancy and related activities (NACE 62). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
The operating result for 2022 is a loss of €17,404, smaller than the loss of €24,316 in 2021.
Turnover and EBIT margin are not published. The micro format does not require them.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €14,231
Fixed assets
€1,731 ▼ 26.7%
Current assets
€12,500 ▼ 68.7%
Equity and liabilities €14,231
Equity
€10,248 ▼ 63.1%
Debt
€3,983 ▼ 72.6%
Debt's share of the balance-sheet total falls from 34.4% to 28.0%. Equity and debt are lower.
Key figures and ratios
EBITDA
-€16,156▼
2021 · -€2,050
Cash flow
-€16,254▼
2021 · -€1,478
Debt to equity
0.39▼
2021 · 0.52
ROE
-170.8%▼
2021 · -85.6%
Interest coverage
-34.07▼
2021 · 21.63
Debt ≤ 1 year
€3,983▼
2021 · €14,529
Income taxes
€138▲
2021 · €110
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Investments
| Item | 2021 | 2022 |
|---|---|---|
| Tangible fixed assets | €1,517 | €619 |
| Depreciation and write-downs of the year | €22,266 | €1,248 |
Source: notes to the 2021 to 2022 annual accounts (statement of fixed assets)
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €21,438 | €21,744 | €21,784 | €22,266 | €1,248 | ▼ 94.4% |
| Other operating charges640/8 | - | - | - | €402 | €0 | ▼ 100% |
| Gross operating margin9900 | €28,251 | €14,503 | €49,598 | -€1,648 | -€16,156 | ▼ 880% |
| Operating profit (loss)9901 | €6,278 | -€7,643 | €27,412 | -€24,316 | -€17,404 | ▲ 28.4% |
| Financial income75/76B | - | - | - | €587 | €514 | ▼ 12.5% |
| Recurring financial income75 | €0 | - | €957 | €587 | €514 | ▼ 12.5% |
| Financial charges65/66B | - | - | - | -€95 | €474 | - |
| Recurring financial charges65 | €1,295 | €981 | €1,589 | -€95 | €474 | - |
| Profit (loss) for the period before taxes9903 | €4,984 | -€8,624 | €26,780 | -€23,634 | -€17,364 | ▲ 26.5% |
| Income taxes67/77 | €1,550 | €2,359 | €5,711 | €110 | €138 | ▲ 25.7% |
| Profit (loss) for the period9904 | €3,434 | -€10,982 | €21,068 | -€23,743 | -€17,503 | ▲ 26.3% |
| Profit (loss) for the period to be appropriated9905 | €3,434 | -€10,982 | €21,068 | -€23,743 | -€17,503 | ▲ 26.3% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €85,682 | €55,404 | €73,162 | €42,279 | €14,231 | ▼ 66.3% |
| Formation expenses20 | €0 | - | - | - | - | - |
| Fixed assets21/28 | €63,920 | €43,094 | €23,109 | €2,360 | €1,731 | ▼ 26.7% |
| Intangible fixed assets21 | €62,160 | €41,440 | €20,720 | €0 | - | - |
| Tangible fixed assets22/27 | €1,760 | €1,654 | €2,389 | €2,360 | €1,731 | ▼ 26.7% |
| Furniture and vehicles24 | - | - | - | €2,360 | €1,731 | ▼ 26.7% |
| Financial fixed assets28 | €0 | - | - | - | - | - |
| Current assets29/58 | €21,762 | €12,310 | €50,054 | €39,919 | €12,500 | ▼ 68.7% |
| Amounts receivable after more than one year29 | - | - | - | €19,000 | €12,500 | ▼ 34.2% |
| Trade receivables290 | - | - | - | €19,000 | - | - |
| Other amounts receivable291 | - | - | - | - | €12,500 | - |
| Stocks and contracts in progress3 | €0 | - | - | - | - | - |
| Amounts receivable within one year40/41 | €2,585 | €11,401 | €5,168 | €16,819 | €0 | ▼ 100% |
| Trade receivables40 | - | - | - | €8,100 | €0 | ▼ 100% |
| Other amounts receivable41 | - | - | - | €8,719 | €0 | ▼ 100% |
| Current investments50/53 | €0 | - | - | - | - | - |
| Cash at bank and in hand54/58 | €19,177 | €19 | €25,843 | €4,100 | €0 | ▼ 100% |
| Deferred charges and accrued income490/1 | - | - | - | €0 | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €85,682 | €55,404 | €73,162 | €42,279 | €14,231 | ▼ 66.3% |
| Equity10/15 | €41,408 | €30,425 | €51,494 | €27,750 | €10,248 | ▼ 63.1% |
| Contributions10/11 | €18,600 | €18,600 | - | €18,600 | €18,600 | = |
| Reserves13 | €22,808 | €22,808 | €32,894 | €32,894 | €32,894 | = |
| Non-distributable reserves130/1 | - | - | - | €1,860 | €1,860 | = |
| Reserves not available under the articles1311 | - | - | - | €1,860 | €1,860 | = |
| Distributable reserves133 | - | - | - | €31,034 | €31,034 | = |
| Profit (loss) carried forward14 | €0 | -€10,982 | €0 | -€23,743 | -€41,246 | ▼ 73.7% |
| Provisions and deferred taxes16 | €0 | - | - | - | - | - |
| Amounts payable17/49 | €44,274 | €24,979 | €21,669 | €14,529 | €3,983 | ▼ 72.6% |
| Amounts payable after more than one year17 | €40,453 | €15,912 | €7,443 | €0 | - | - |
| Financial debts170/4 | - | - | - | €0 | - | - |
| Amounts payable within one year42/48 | €3,821 | €9,066 | €14,225 | €14,529 | €3,983 | ▼ 72.6% |
| Current portion of amounts payable after more than one year42 | - | - | - | €7,443 | €58 | ▼ 99.2% |
| Financial debts43 | - | - | - | - | €498 | - |
| Credit institutions430/8 | - | - | - | - | €498 | - |
| Trade debts44 | €2,931 | €1,318 | €147 | €1,490 | €535 | ▼ 64.1% |
| Suppliers440/4 | - | - | - | €1,490 | €535 | ▼ 64.1% |
| Taxes, remuneration and social security45 | - | - | - | €5,595 | €2,616 | ▼ 53.2% |
| Taxes450/3 | - | - | - | €5,595 | €2,616 | ▼ 53.2% |
| Other amounts payable47/48 | - | - | - | €0 | €276 | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €3,434 | -€10,982 | €21,068 | -€23,743 | -€17,503 | ▲ 26.3% |
| + Depreciation and write-downs630 | €21,438 | €21,744 | €21,784 | €22,266 | €1,248 | ▼ 94.4% |
| Operating cash flow (approximation) | €24,872 | €10,762 | €42,853 | -€1,478 | -€16,254 | ▼ 1,000% |
| Investment in fixed assets (approximation) | - | -€918 | -€1,799 | -€1,517 | -€619 | ▲ 59.2% |
| Change in cash | - | -€19,157 | €25,823 | -€21,743 | -€4,100 | ▲ 81.1% |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Filings with the National Bank (6)
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2022 | micro format | 11-09-2023 | 2023-00444524 | |
| 31-12-2021 | micro format | 24-08-2022 | 2022-20316421 | |
| 31-12-2020 | micro format | 05-07-2021 | 2021-32300583 | |
| 31-12-2019 | micro format | 14-08-2020 | 2020-41300248 | |
| 31-12-2018 | micro format | 18-07-2019 | 2019-36000083 | |
| 31-12-2017 | micro format | 24-07-2018 | 2018-40200447 |
Board & ownership
Directors
Directors
1 director
MAERTENS MATHIJS
Current
Director · listed in the 2022 annual accounts, filed on 11-09-2023
Owners and capital
Owners
Network & group
Emdata shares no director with another company.
Connections & network
1 current directorThe network starts from the directors of Emdata. Every other company they run is a node.
This company
Company
Director
Shareholding
+N: links not shown yet
Click a node to look further, drag to arrange, zoom with the mouse wheel.
Timeline
Acts, filings and financial milestones
2023
11-09
micro format · 42 days late
2022
24-08
micro format · 24 days late
2021
31-12
Financial
Weakest financial yearnet -€23,743
The net result drops to -€23,743, the lowest from 2018 to 2022. It recovers the following year.
05-07
micro format · 26 days before the deadline
2020
31-12
Financial
Back to profitnet €21,068
The net result is €21,068, after one loss-making year.
31-12
Financial
Liquidity more than doubledcurrent ratio 3.52
The current ratio rises from 1.36 to 3.52.
14-08
micro format · 14 days late
2019
18-07
micro format · 13 days before the deadline
2018
24-07
micro format · 7 days before the deadline
2017
15-02
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordName
Emdata in Dutch
Enterprise number
0671.449.341
Legal form
Private limited company (pre-2019)
Status
Active, normale toestand
Founded
13-02-2017
Entity type
Legal entity
Registered office and establishments
Registered office
Dorpstraat 169c, 3060 Bertem, Belgium
Establishment unit
Emdata, Dorpstraat 169C, 3060 Bertem since 13-02-2017 · unit number 2.261.686.642
Activities
NACEBEL 202562200
Computer consultancy and computer facilities management main activity
Codes under NACEBEL 2008
62020
IT consultancy main activity
Invoicing and payment
VAT number
BE 0671.449.341
Financial year and general meeting
Accounts at the NBBFinancial year end
31-12
Sites & property
Location
Buildings and parcels at the address
Ground area
831 m²
Building footprint
463 m²
Building volume
2,874 m³
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 24009C0460/00L000 | Flanders | 831 m² | 1 · 463 m² | 11.2 m · 2 |