Emdecor
ActiveSummary
For Emdecor, at least two filing cycles of the annual accounts are missing. The 2023 annual accounts show equity of €185,539 and a net result of -€640. Equity remains stable across the filed fiscal years (±0.3% per year). The company has been active since 1981 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 1.1% (low).
Checked score
No current score
Figures too old
The available figures for FY 2023 are too old to assess current financial health.
Filing: At least two filing cycles are missing
Axes, FY 2023 · tick = 2020
Profitability37▲+15
Solvency100=
Growth22=
Track record100
Bankruptcy probability, 12 months
1.1%
Low
0%0.5%1.5%4%10%≥ 25%
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
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 2023Solvency, return and age of the figures
Solvency
97.4%
Return on assets
-0.3%
Age of the figures
33 mo
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2024, 2 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 · 10 filingsPosition against the passed deadline
31-12-2024 close31-07-2025 deadline28-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 30-08-2024, 30 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 · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
30 d late
2020
64 d early
2019
53 d early
2018
6 d early
2017
7 d early
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 5 accounts on average 20 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (1)
History
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Financials · fiscal year 2023, abbreviated schema
Turnover
€2,518▼ 87.7%
2019 · €20,420
EBIT margin
-429.8%▼ 425.2pp
2019 · -4.6%
Net result
-€640▲ 94.1%
2020 · -€10,928
Working capital
€174,282▼ 5.9%
2019 · €185,210
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line2018201920202023
Turnover€22,535-€20,420▼ 9.4%€2,518▼ 87.7%
Operating result€1,090--€945-€10,823▼ 1,045%-€506-
Net result€395--€987-€10,928▼ 1,007%-€640-
EBIT margin4.8%--4.6%▼ 9.5pp-429.8%▼ 425.2pp
Equity€186,197-€185,210▼ 0.5%€174,282▼ 5.9%€185,539-
Total assets€188,857-€185,415▼ 1.8%€174,317▼ 6.0%€190,539-
Debt€2,660-€205▼ 92.3%€35▼ 82.9%€5,000-
Working capital€186,197-€185,210▼ 0.5%€174,282▼ 5.9%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result is -€506 in 2023, compared with -€10,823 in 2020. Comparable figures for the intervening years are unavailable.
Balance-sheet composition
2023 in colour, 2020 as the grey bar beneath
Equity and liabilities €190,539
Equity
€185,539 ▲ 6.5%
Debt
€5,000 ▲ 14,186%
Debt's share of the balance-sheet total rises from 0.0% to 2.6%. Equity and debt are higher.
Key figures and ratios
Debt to equity
0.03
ROE
-0.3%▲
2020 · -6.3%
ROA
-0.3%▲
2020 · -6.3%
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2023 | Change |
|---|---|---|---|---|---|
| Turnover70 | €22,535 | €20,420 | €2,518 | - | - |
| Other operating charges640/8 | - | - | - | €746 | - |
| Gross operating margin9900 | €1,609 | -€881 | -€10,386 | €240 | - |
| Operating profit (loss)9901 | €1,090 | -€945 | -€10,823 | -€506 | - |
| Financial charges65/66B | - | - | - | €134 | - |
| Recurring financial charges65 | €67 | €7 | €105 | €134 | - |
| Profit (loss) for the period before taxes9903 | €1,023 | -€952 | -€10,928 | -€640 | - |
| Income taxes67/77 | €628 | €35 | - | - | - |
| Profit (loss) for the period9904 | €395 | -€987 | -€10,928 | -€640 | - |
| Profit (loss) for the period to be appropriated9905 | €395 | -€987 | -€10,928 | -€640 | - |
| Line | 2018 | 2019 | 2020 | 2023 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €188,857 | €185,415 | €174,317 | €190,539 | - |
| Current assets29/58 | €188,857 | €185,415 | €174,317 | €190,539 | - |
| Amounts receivable within one year40/41 | €21,582 | €1,227 | €1,608 | - | - |
| Current investments50/53 | €143,341 | €143,341 | €143,341 | - | - |
| Cash at bank and in hand54/58 | €23,934 | €40,847 | €29,368 | €190,539 | - |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €188,857 | €185,415 | €174,317 | €190,539 | - |
| Equity10/15 | €186,197 | €185,210 | €174,282 | €185,539 | - |
| Contributions10/11 | €24,789 | €24,789 | €24,789 | €24,789 | - |
| Reserves13 | €161,408 | €161,408 | €161,408 | €161,408 | - |
| Non-distributable reserves130/1 | - | - | - | €2,479 | - |
| Reserves not available under the articles1311 | - | - | - | €2,479 | - |
| Distributable reserves133 | - | - | - | €158,929 | - |
| Profit (loss) carried forward14 | €294 | -€987 | -€11,915 | -€658 | - |
| Amounts payable17/49 | €2,660 | €205 | €35 | €5,000 | - |
| Amounts payable within one year42/48 | €2,660 | €205 | €35 | - | - |
| Trade debts44 | €69 | - | - | - | - |
| Accrued charges and deferred income492/3 | - | - | - | €5,000 | - |
| Line | 2018 | 2019 | 2020 | 2023 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €395 | -€987 | -€10,928 | -€640 | - |
| Operating cash flow (approximation) | €395 | -€987 | -€10,928 | -€640 | - |
| Change in cash | - | €16,913 | -€11,479 | - | - |
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
2024
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 30 days late
2021
28-05
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Weakest financial yearnet -€10,928
Net result drops to -€10,928, the lowest in the series; recovery starts the following year.
31-12
Financial
Liquidity times 6current ratio 4980.49
Current ratio from 904.46 to 4980.49; short-term debt falls from €205 to €35.
08-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Liquidity times 13current ratio 904.46
Current ratio from 71.00 to 904.46; short-term debt falls from €2,660 to €205.
25-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
24-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
20-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
05-09
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 36 days late
2015
31-07
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema
2014
31-07
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema
2013
31-07
NBB filing
Annual accounts filed
fiscal year 2012 · 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
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, Keerbergen · 1 establishment unit since 1980
Ground area
3,195 m²
Building footprint
484 m²
Volume, LiDAR
2,527 m³
2 parcels, Flanders · tallest building 15.8 m, ±2 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
EMDECOR
since 19802.018.608.107
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24048A0096/00P000 | Flanders | 1,640 m² | 1 · 268 m² | 8.6 m · 2 fl. |
| 12031C0273/00F000 | Flanders | 1,555 m² | 1 · 216 m² | 15.8 m · 1 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded08-01-1981
Fiscal year end31-12
E-invoicing
Not found in the Peppol register
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
What can you do?
Try sending from your invoicing software; if that fails, ask the customer whether they already receive via Peppol.
If the customer is not ready yet, you may send the invoice another way, for example as a PDF; if electronically, with their agreement on a secure alternative. That invoice is valid; the customer risks a penalty. FPS Finance
If you follow this company, Checked tells you the day it appears in the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.