EMEK
ActiveSummary
EMEK has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €16k and a net result of €4k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 54% of 13305 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.4% (low).
Checked score
Score 2025
64
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability69▼-23
Solvency60▲+6
Growth68▲+3
Track record100
Bankruptcy probability, 12 months
1.4%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days acceptable
Liquidity tight (current ratio 1.2 against 0.97 in 2024; short-term debt: 65.4% and cash: 74.6% of total assets), and 65.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Sector 56
higher
← fewer bankruptcies
more bankruptcies →
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
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
34.6%
Return on assets
9.6%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 25-08-2026, 25 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
25 d late
2024
21 d late
2023
20 d late
2022
29 d late
2021
54 d late
2020
58 d late
2019
28 d late
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
€126k▲ 12.9%
2024 · €111k
2020: €101k
2021: €115k
2022: €114k
2023: €108k
2024: €111k
2020 → 2025
EBIT margin
4.5%▼ 8.6pp
2024 · 13.1%
2020: 17.6%
2021: 13.9%
2022: -1.7%
2023: -9.0%
2024: 13.1%
2020 → 2025
Net result
€4k▼ 68.8%
2024 · €14k
2018: €3k
2019: €3k
2020: €13k
2021: €19k
2022: €-3k
2023: €-12k
2024: €14k
2018 → 2025
Working capital
€6k
2024 · €-716
2018: €-29k
2019: €-24k
2020: €-8k
2021: €13k
2022: €9k
2023: €-4k
2024: €-716
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€115k-€114k▼ 1.1%€108k▼ 4.7%€111k▲ 2.8%€126k▲ 12.9%
Equity€13k-€10k▼ 23.4%€-3k€11k€16k▲ 38.6%
Operating result€16k-€-2k€-10k▼ 420%€15k€6k▼ 61.4%
Net result€19k-€-3k€-12k▼ 319%€14k€4k▼ 68.8%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 61% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €46k
Fixed assets
€10k ▼ 18.4%
Current assets
€36k ▲ 30.6%
Equity and liabilities €46k
Equity
€16k ▲ 38.6%
Debt
€30k ▲ 6.2%
Debt's share of the balance-sheet total falls from 71.1% to 65.4%. Equity and debt are higher.
Key figures and ratios
EBITDA
€8k▼
2024 · €16k
Cash flow
€7k▼
2024 · €15k
Current ratio
1.20▲
2024 · 0.97
Quick ratio
1.17▲
2024 · 0.96
Debt to equity
1.89▼
2024 · 2.47
ROE
27.8%▼
2024 · 123.7%
ROA
9.6%▼
2024 · 35.7%
Interest coverage
13.75▼
2024 · 41.13
Debt ≤ 1 year
€30k▲
2024 · €28k
Income taxes
€653
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 49 lines
Balance sheet
Code20242025
Assets
Total assets20/58€40k€46k▲
Fixed assets21/28€12k€10k▼
Tangible fixed assets22/27€10k€8k▼
Plant, machinery and equipment23€10k€8k▼
Furniture and vehicles24€62€0▼
Financial fixed assets28€2k€2k=
Current assets29/58€28k€36k▲
Stocks and contracts in progress3€476€778▲
Stocks30/36€476€778▲
Amounts receivable within one year40/41€1k€913▼
Trade receivables40€789€513▼
Other amounts receivable41€281€400▲
Cash at bank and in hand54/58€26k€34k▲
Deferred charges and accrued income490/1-€55
Equity and liabilities
Total equity and liabilities10/49€40k€46k▲
Equity10/15€11k€16k▲
Contributions10/11€6k€6k=
Outside capital11€6k-
Other1109/19€6k-
Reserves13€100€100=
Non-distributable reserves130/1€100€100=
Legal reserve130€100-
Reserves not available under the articles1311-€100
Profit (loss) carried forward14€5k€10k▲
Amounts payable17/49€28k€30k▲
Amounts payable within one year42/48€28k€30k▲
Trade debts44€2k€3k▲
Suppliers440/4€2k€3k▲
Taxes, remuneration and social security45€1k€2k▲
Taxes450/3€98€751▲
Remuneration and social security454/9€1k€1k=
Other amounts payable47/48€25k€25k▲
Accrued charges and deferred income492/3€0€20▲
Income statement
Code20242025
Turnover70€111k€126k▲
Goods, raw materials, services and sundry goods60/61€93k€124k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€978€2k▲
Other operating charges640/8€2k€1k▼
Gross operating margin9900€18k€9k▼
Operating profit (loss)9901€15k€6k▼
Financial income75/76B€0€21▲
Recurring financial income75€0€21▲
Financial charges65/66B€379€573▲
Recurring financial charges65€379€573▲
Profit (loss) for the period before taxes9903€14k€5k▼
Income taxes67/77-€653
Profit (loss) for the period9904€14k€4k▼
Profit (loss) for the period to be appropriated9905€14k€4k▼
Appropriation of the result
Profit (loss) to be appropriated9906€5k€10k▲
Profit (loss) brought forward from the previous period14P€-9k€5k▲
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
25-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 25 days late
2025
21-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 21 days late
2024
31-12
Financial
Back to profitnet €14k
Net result €14k after 2 loss-making years.
20-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 20 days late
2023
31-12
Financial
Weakest financial yearnet €-12k
Net result drops to €-12k, the lowest in the series; recovery starts the following year.
29-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 29 days late
2022
23-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 54 days late
2021
31-12
Financial
Highest result since 2018net €19k ▲50.6%
Net result €19k, the highest in the series.
31-12
Financial
Liquidity triplescurrent ratio 1.91
Current ratio from 0.61 to 1.91; short-term debt falls from €21k to €15k.
27-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 58 days late
2020
28-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 28 days late
2019
29-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 29 days late
2018
23-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 23 days late
2017
28-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 28 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
6 acts for this company are 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, Liège · 1 establishment unit since 2004
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Potiérue 124000 LiègeGround area
661 m²
Building footprint
292 m²
Parcel 62810C1070/00C000, Wallonia. Linked by address, not a title deed.
1 establishment unit
La Pita Grill Commune
since 20042.143.120.671
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62810C1070/00C000 | Wallonia | 661 m² | 1 · 292 m² | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
1 siteLiège2.143.120.671
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Lief
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BOWIE GROEP
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Of 20,493 companies in sector 56111 we hold annual accounts for 11,461. 8,300 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded04-06-2004
Fiscal year end31-12
Activities, NACEBEL 2025
56111Full-service restaurants
Sources
Crossroads Bank for EnterprisesNational Bank · 21 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.