Summary
EMDRIE is a financial institution. The bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €338,389 and a net result of €47,076. Equity has been growing by about 19% per year since 2018. Its solvency ranks better than 89% of 9,757 sector peers (NACE 64, financial year 2025). The company has been active since 2008 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Overview
Official details
Source: KBO- Status
- Active since 11-08-2008 Normal situation
- Activity
- Activities of holding companies NACE 64210and 1 other
- Establishment unit
- 2.173.140.389 3020 Herent, since 11-08-2008
- Financial year end
- 31 December
- Peppol
- Reachable since 03-04-2026
Financial position
Financial institution: outside the modelBankruptcy probability: sector outside the model
Annual accounts 2025
- Profit
- €47,076
- ▼ 16.0%
- Equity
- €338,389
- ▲ 16.2%
- Total assets
- €373,577
- ▲ 15.5%
SignalsneutralLatest accounts filed on timeShow the evidence
Checked score
Outside the general model
Model not applicable to financial institutions
The Checked score measures liquidity, leverage and margins against the norms for trading and manufacturing companies. A bank, insurer or financial holding has a very different balance sheet. Those ratios and the score mean nothing here. So there is no financial strength either.
Bankruptcy probability within 12 months
The company is a financial institution: a bank, insurer or financial holding. Its balance sheet works differently from that of a trading or manufacturing company. A bankruptcy probability from the general model would mislead here.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
1 signal.
neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 10-07-2026, 21 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
21 days early
2024
139 days late
2023
495 days late
2022
151 days late
2021
153 days late
2020
31 days late
2019
153 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 157 days after the deadline. In the sector (NACE 64), the median for financial year 2024 was 14 days before the deadline, and 28% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 29 December (4 of the last 5 accounts filed within 172 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
05-11-2026 today31-12-2026 year end31-07-2027 deadline
Financials
Financials · financial year 2025, micro format
Annual accounts 2025 filed on 10-07-2026 at the NBB all 17 filings
Equity
€338,389▲ 16.2%
2024 · €291,313
Net result
€47,076▼ 16.0%
2024 · €56,061
Total assets
€373,577▲ 15.5%
2024 · €323,308
Solvency
90.6%▲ 0.5pp
2024 · 90.1%
In the rankings
#9 oldest company in Herent, Finance and insurance sector
Multi-year overview
2018 to 2025, 8 financial yearsOperating result
€65,489
▼ 14.5%
2025
20182025
Net result
€47,076
▼ 16.0%
2025
middle half of the sector
20182025
Equity
€338,389
▲ 16.2%
2025
middle half of the sector
20182025
Total assets
€373,577
▲ 15.5%
2025
middle half of the sector
20182025
Debt
€35,188
▲ 10.0%
2025
20182025
Working capital
€226,929
▼ 0.2%
2025
highest quarter of the sector
20182025
Solvency
90.6%
▲ 0.5pp
2025
highest quarter of the sector
20182025
Current ratio
7.45
▼ 0.77
2025
highest quarter of the sector
20182025
Return on assets (ROA)
12.6%
▼ 4.7pp
2025
middle half of the sector
20182025
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line20182019202020212022202320242025
Operating result-€42,495-€26,586-€20,295-€17,007▲ 16.2%€64,553€124,584▲ 93.0%€76,572▼ 38.5%€65,489▼ 14.5%
Net result-€48,451-€23,407-€20,892below the sector's middle half-€17,861below the sector's middle half▲ 14.5%€59,042within the sector's middle half€89,772above the sector's middle half▲ 52.0%€56,061within the sector's middle half▼ 37.6%€47,076within the sector's middle half▼ 16.0%
Equity€101,783-€125,190▲ 23.0%€104,298within the sector's middle half▼ 16.7%€86,437within the sector's middle half▼ 17.1%€145,479within the sector's middle half▲ 68.3%€235,252within the sector's middle half▲ 61.7%€291,313within the sector's middle half▲ 23.8%€338,389within the sector's middle half▲ 16.2%
Total assets€127,432-€144,058▲ 13.0%€119,467below the sector's middle half▼ 17.1%€105,156below the sector's middle half▼ 12.0%€203,759within the sector's middle half▲ 93.8%€298,679within the sector's middle half▲ 46.6%€323,308within the sector's middle half▲ 8.2%€373,577within the sector's middle half▲ 15.5%
Debt€25,649-€18,868▼ 26.4%€15,169▼ 19.6%€18,719▲ 23.4%€58,279▲ 211%€63,427▲ 8.8%€31,995▼ 49.6%€35,188▲ 10.0%
Working capital€75,271-€107,163▲ 42.4%€94,418within the sector's middle half▼ 11.9%€24,778within the sector's middle half▼ 73.8%€103,687within the sector's middle half▲ 318%€171,727above the sector's middle half▲ 65.6%€227,334above the sector's middle half▲ 32.4%€226,929above the sector's middle half▼ 0.2%
Solvency79.9%-86.9%▲ 7.0pp87.3%above the sector's middle half▲ 0.4pp82.2%above the sector's middle half▼ 5.1pp71.4%within the sector's middle half▼ 10.8pp78.8%above the sector's middle half▲ 7.4pp90.1%above the sector's middle half▲ 11.3pp90.6%above the sector's middle half▲ 0.5pp
Current ratio3.93-6.68▲ 2.757.22above the sector's middle half▲ 0.542.32within the sector's middle half▼ 4.903.74within the sector's middle half▲ 1.413.71within the sector's middle half▼ 0.038.22above the sector's middle half▲ 4.517.45above the sector's middle half▼ 0.77
Return on assets (ROA)-38.0%-16.2%▲ 54.3pp-17.5%below the sector's middle half▼ 33.7pp-17.0%below the sector's middle half▲ 0.5pp29.0%above the sector's middle half▲ 46.0pp30.1%above the sector's middle half▲ 1.1pp17.3%within the sector's middle half▼ 12.7pp12.6%within the sector's middle half▼ 4.7pp
above
within
below
The sector band is the middle half of the companies in Financial service activities, except insurance and pension funding (NACE 64). 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 2025 is 14% lower than in 2024 and the lowest since 2022. It is the second fall in a row.
Turnover and EBIT margin are not published. The abbreviated or micro format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €373,577
Fixed assets
€111,460 ▲ 72.8%
Current assets
€262,117 ▲ 1.3%
Equity and liabilities €373,577
Equity
€338,389 ▲ 16.2%
Debt
€35,188 ▲ 10.0%
Debt's share of the balance-sheet total falls from 9.9% to 9.4%. Equity and debt are higher.
Key figures and ratios
ROE
13.9%▼
2024 · 19.2%
Debt ≤ 1 year
€35,188▲
2024 · €31,486
Income taxes
€18,099▼
2024 · €21,260
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Investments
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Tangible fixed assets | - | €760 | €1,607 | €1,661 | - |
| Financial fixed assets | €60,000 | - | - | - | €48,000 |
| Depreciation and write-downs of the year | €8,221 | €227 | €274 | €698 | €1,027 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €8,928 | €8,485 | €8,566 | €8,221 | €227 | €274 | €698 | €1,027 | ▲ 47.1% |
| Other operating charges640/8 | - | - | - | €1,645 | €1,403 | €612 | €2,175 | €681 | ▼ 68.7% |
| Gross operating margin9900 | €31,798 | €36,697 | -€10,104 | -€7,141 | €66,182 | €125,471 | €79,445 | €67,197 | ▼ 15.4% |
| Operating profit (loss)9901 | -€42,495 | €26,586 | -€20,295 | -€17,007 | €64,553 | €124,584 | €76,572 | €65,489 | ▼ 14.5% |
| Financial income75/76B | - | - | - | - | - | €0 | €1,101 | - | - |
| Recurring financial income75 | €0 | - | - | - | - | €0 | €1,101 | - | - |
| Financial charges65/66B | - | - | - | €634 | €286 | €311 | €352 | €314 | ▼ 10.9% |
| Recurring financial charges65 | €490 | €591 | €379 | €634 | €286 | €311 | €352 | €314 | ▼ 10.9% |
| Profit (loss) for the period before taxes9903 | -€42,985 | €25,995 | -€20,675 | -€17,641 | €64,266 | €124,273 | €77,321 | €65,175 | ▼ 15.7% |
| Income taxes67/77 | €5,466 | €2,587 | €218 | €220 | €5,224 | €34,501 | €21,260 | €18,099 | ▼ 14.9% |
| Profit (loss) for the period9904 | -€48,451 | €23,407 | -€20,892 | -€17,861 | €59,042 | €89,772 | €56,061 | €47,076 | ▼ 16.0% |
| Profit (loss) for the period to be appropriated9905 | -€48,451 | €23,407 | -€20,892 | -€17,861 | €59,042 | €89,772 | €56,061 | €47,076 | ▼ 16.0% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €127,432 | €144,058 | €119,467 | €105,156 | €203,759 | €298,679 | €323,308 | €373,577 | ▲ 15.5% |
| Fixed assets21/28 | €26,512 | €18,027 | €9,880 | €61,659 | €62,192 | €63,524 | €64,487 | €111,460 | ▲ 72.8% |
| Tangible fixed assets22/27 | €25,162 | €16,677 | €8,530 | €309 | €842 | €2,174 | €3,137 | €2,110 | ▼ 32.7% |
| Plant, machinery and equipment23 | - | - | - | €309 | €132 | €37 | - | - | - |
| Furniture and vehicles24 | - | - | - | - | €710 | €2,137 | €3,137 | €2,110 | ▼ 32.7% |
| Financial fixed assets28 | €1,350 | €1,350 | €1,350 | €61,350 | €61,350 | €61,350 | €61,350 | €109,350 | ▲ 78.2% |
| Current assets29/58 | €100,920 | €126,031 | €109,588 | €43,497 | €141,567 | €235,155 | €258,821 | €262,117 | ▲ 1.3% |
| Amounts receivable within one year40/41 | €11,511 | €18,236 | €9,201 | €10,378 | €16,397 | €13,797 | €15,500 | €24,232 | ▲ 56.3% |
| Trade receivables40 | - | - | - | €10,378 | €16,310 | €7,239 | €11,304 | €18,134 | ▲ 60.4% |
| Other amounts receivable41 | - | - | - | - | €87 | €6,558 | €4,196 | €6,098 | ▲ 45.3% |
| Cash at bank and in hand54/58 | €88,900 | €107,795 | €100,387 | €33,119 | €66,430 | €221,358 | €243,320 | €237,885 | ▼ 2.2% |
| Deferred charges and accrued income490/1 | - | - | - | - | €58,740 | - | - | - | - |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €127,432 | €144,058 | €119,467 | €105,156 | €203,759 | €298,679 | €323,308 | €373,577 | ▲ 15.5% |
| Equity10/15 | €101,783 | €125,190 | €104,298 | €86,437 | €145,479 | €235,252 | €291,313 | €338,389 | ▲ 16.2% |
| Contributions10/11 | €18,600 | €18,600 | - | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €83,183 | €106,590 | €93,622 | €93,622 | €143,622 | €213,622 | €253,622 | €300,622 | ▲ 18.5% |
| Non-distributable reserves130/1 | - | - | - | €1,860 | €1,860 | - | - | - | - |
| Reserves not available under the articles1311 | - | - | - | €1,860 | €1,860 | - | - | - | - |
| Distributable reserves133 | - | - | - | €91,762 | €141,762 | €213,622 | €253,622 | €300,622 | ▲ 18.5% |
| Profit (loss) carried forward14 | - | - | -€7,924 | -€25,785 | -€16,743 | €3,030 | €19,091 | €19,167 | ▲ 0.4% |
| Amounts payable17/49 | €25,649 | €18,868 | €15,169 | €18,719 | €58,279 | €63,427 | €31,995 | €35,188 | ▲ 10.0% |
| Amounts payable within one year42/48 | €25,649 | €18,868 | €15,169 | €18,719 | €37,880 | €63,427 | €31,486 | €35,188 | ▲ 11.8% |
| Trade debts44 | €2,461 | €1,199 | - | €3,252 | - | €7,394 | €97 | €3,117 | ▲ 32× |
| Suppliers440/4 | - | - | - | €3,252 | - | €7,394 | €97 | €3,117 | ▲ 32× |
| Advances received on contracts in progress46 | - | - | - | - | €27,360 | - | - | - | - |
| Taxes, remuneration and social security45 | - | - | - | €3,635 | €9,148 | €53,367 | €22,526 | €22,667 | ▲ 0.6% |
| Taxes450/3 | - | - | - | €3,635 | €9,148 | €53,367 | €22,526 | €22,667 | ▲ 0.6% |
| Other amounts payable47/48 | - | - | - | €11,831 | €1,372 | €2,666 | €8,863 | €9,405 | ▲ 6.1% |
| Accrued charges and deferred income492/3 | - | - | - | - | €20,400 | - | €509 | - | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€48,451 | €23,407 | -€20,892 | -€17,861 | €59,042 | €89,772 | €56,061 | €47,076 | ▼ 16.0% |
| + Depreciation and write-downs630 | €8,928 | €8,485 | €8,566 | €8,221 | €227 | €274 | €698 | €1,027 | ▲ 47.1% |
| Operating cash flow (approximation) | -€39,523 | €31,892 | -€12,326 | -€9,640 | €59,269 | €90,046 | €56,759 | €48,103 | ▼ 15.3% |
| Investment in fixed assets (approximation) | - | €0 | -€419 | -€60,000 | -€760 | -€1,607 | -€1,661 | -€48,000 | ▼ 2,790% |
| Change in cash | - | €18,894 | -€7,408 | -€67,268 | €33,311 | €154,927 | €21,963 | -€5,435 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Latest 10 of 17 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 10-07-2026 | 2026-00277046 | |
| 31-12-2024 | micro format | 17-12-2025 | 2025-00583326 | |
| 31-12-2023 | micro format | 08-12-2025 | 2025-00577553 | |
| 31-12-2022 | micro format | 29-12-2023 | 2023-00539373 | |
| 31-12-2021 | micro format | 31-12-2022 | 2023-20553785 | |
| 31-12-2020 | micro format | 31-08-2021 | 2021-64400476 | |
| 31-12-2019 | micro format | 31-12-2020 | 2020-77600061 | |
| 31-12-2018 | abbreviated format | 31-08-2019 | 2019-63400073 | |
| 31-12-2017 | abbreviated format | 31-08-2018 | 2018-61600038 | |
| 31-12-2016 | abbreviated format | 31-08-2017 | 2017-58500348 |
Board & ownership
Directors
Directors
1 director
Mommaerts Marc
Current
Signing authorityThe articles say who may bind the company, for example by signing a contract.
Each director alone
deed of 28-12-2023Owners and capital
Capital transactions
Capital over time
- 28-12-2023 Converted to unavailable equity · €18,600
Articles of association
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- At least 1 director
- Transfer restrictionThis rule says whether shareholders may sell their shares freely or need approval first.
- “Betrokken partijen of voorzitter ondernemingsrechtbank zetel, 1 maand”
Articles of association, deed of 28-12-2023 (in Dutch)
Network & group
EMDRIE shares no director with another company.
Connections & network
1 current directorThe network starts from the directors of EMDRIE. 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
Deeds, filings and financial milestones
Deadline for the 2026 accounts:
2026
10-07
micro format · 21 days before the deadline
2025
2024
31-12
Financial
Liquidity more than doubledcurrent ratio 8.22
The current ratio rises from 3.71 to 8.22. Short-term debt falls from €63,427 to €31,486.
2023
31-12
Financial
Highest result from 2018 to 2025net €89,772 ▲52%
The operating result of €124,584 and the net result of €89,772 are both a record.
31-12
Financial
Equity above €200,000equity €235,252 ▲61.7%
After 2 profitable years in a row, equity reaches €235,252.
29-12
micro format · 151 days late
28-12
Gazette deed
Registered office moved to HerentNew registered office: Wijgmaalsesteenweg 232B, 3020 Herent · Registered office clause: zetel gevestigd in het Vlaams Gewest4 points ▸
Gazette deed
Registered office moved to Herent
New registered office: Wijgmaalsesteenweg 232B, 3020 Herent · Registered office clause: zetel gevestigd in het Vlaams Gewest4 points ▸
- Registered office clause, zetel gevestigd in het Vlaams Gewest
- 100 shares
- Board composition, Marc Mommaerts (director)
- Registered-office move, Wijgmaalsesteenweg 232B, 3020 Herent
- The deed holds 6 more points.
2022
31-12
Financial
Back to profitnet €59,042
The net result is €59,042, after 2 loss-making years.
31-12
Financial
Equity above €100,000equity €145,479 ▲68.3%
Equity rises from €86,437 to €145,479.
31-12
micro format · 153 days late
2021
31-08
micro format · 31 days late
Show earlier events
2020
31-12
micro format · 153 days late
2019
31-12
Financial
Back to profitnet €23,407
The net result is €23,407, after one loss-making year.
31-08
abbreviated format · 31 days late
2018
31-08
abbreviated format · 31 days late
2017
31-08
abbreviated format · 31 days late
2008
21-08
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
EMDRIE in Dutch
Abbreviation
M3 in Dutch
Enterprise number
0899.731.121
Legal form
Private limited company
Status
Active, normal situation
Founded
11-08-2008
Entity type
Legal entity
Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
“Vlaams Gewest”
deed of 28-12-2023 (in Dutch)Registered office and establishments
Registered office
Wijgmaalsesteenweg 232B, 3020 Herent, Belgium
Establishment unit
M3, Wijgmaalsesteenweg 232, 3020 Herent since 11-08-2008 · unit number 2.173.140.389
E-mail
marc.mommaerts@gmail.com
Activities
NACEBEL 202564210
Activities of holding companies main activity
70200
Business and other management consultancy
Codes under NACEBEL 2008
64200
Holdings main activity
70220
Business consulting
Invoicing and payment
VAT number
BE 0899.731.121
Financial year and general meeting
Accounts at the NBBFinancial year end
31-12
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Second Friday of June at 18:00
deed of 28-12-2023 (in Dutch)Sites & property
Location
Buildings and parcels at the addresses
Ground area
1,391 m²
Building footprint
212 m²
Building volume
1,300 m³
Tallest building: 10.2 m.
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 24422D0086/00A002 | Flanders | 902 m² | 1 · 111 m² | 10.2 m · 2 |
| 24422D0086/00Y000 | Flanders | 489 m² | 1 · 101 m² | 10.1 m · 2 |