EMELY
ActiveSummary
EMELY has been active since 1989 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €12,688 and a net result of €344. Equity is shrinking by ~11% per year across the filed fiscal years. Its solvency ranks better than 34% of 661 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability70▼-2
Solvency47=
Growth58=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days acceptable
Liquidity short (current ratio 0.17 against 0.06 in 2024; short-term debt: 77.8% and cash: 0.4% of total assets), and 77.8% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers 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
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 32
Relative position
BE, all sectors
reference
Other manufacturing (NACE 32)
about 28% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €12,688
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 03-07-2026, 28 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
28 d early
2024
31 d early
2023
39 d early
2022
33 d early
2021
114 d early
2020
30 d late
2019
22 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 34 days before the deadline; the sector median for financial year 2024 is 2 days before the deadline, and 40% of the sector filed late.
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. Usually files around 28 June (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
30-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
Is this your company? See how customers and banks see it.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, micro schema
Equity
€12,688▲ 2.8%
2024 · €12,344
Total assets
€57,100▲ 3.7%
2024 · €55,080
Net result
€344▼ 77.5%
2024 · €1,527
Working capital
-€36,778▲ 8.3%
2024 · -€40,125
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 32, Other manufacturing, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result-€4,623▼ 75.3%-€2,636▲ 43.0%-€1,497▲ 43.2%€1,536€356▼ 76.8%
Net result-€4,646below the sector's middle half▼ 74.4%-€2,636below the sector's middle half▲ 43.3%-€1,520within the sector's middle half▲ 42.4%€1,527within the sector's middle half€344within the sector's middle half▼ 77.5%
Equity€14,973within the sector's middle half▼ 23.7%€12,337within the sector's middle half▼ 17.6%€10,817within the sector's middle half▼ 12.3%€12,344within the sector's middle half▲ 14.1%€12,688within the sector's middle half▲ 2.8%
Total assets€67,242below the sector's middle half▼ 18.9%€66,679below the sector's middle half▼ 0.8%€67,037within the sector's middle half▲ 0.5%€55,080below the sector's middle half▼ 17.8%€57,100below the sector's middle half▲ 3.7%
Debt€52,269▼ 17.4%€54,342▲ 4.0%€56,220▲ 3.5%€42,735▼ 24.0%€44,412▲ 3.9%
Working capital-€49,548below the sector's middle half▲ 1.5%-€46,944below the sector's middle half▲ 5.3%-€44,726below the sector's middle half▲ 4.7%-€40,125below the sector's middle half▲ 10.3%-€36,778below the sector's middle half▲ 8.3%
Solvency22.3%within the sector's middle half▼ 1.4pp18.5%within the sector's middle half▼ 3.8pp16.1%within the sector's middle half▼ 2.4pp22.4%within the sector's middle half▲ 6.3pp22.2%within the sector's middle half▼ 0.2pp
Current ratio0.05below the sector's middle half▼ 0.150.14below the sector's middle half▲ 0.080.20below the sector's middle half▲ 0.070.06below the sector's middle half▼ 0.140.17below the sector's middle half▲ 0.11
Return on assets (ROA)-6.9%below the sector's middle half▼ 3.7pp-4.0%below the sector's middle half▲ 3.0pp-2.3%below the sector's middle half▲ 1.7pp2.8%within the sector's middle half▲ 5.0pp0.6%within the sector's middle half▼ 2.2pp
above
within
below
the middle half (P25 to P75) of NACE 32, Other manufacturing, each year against the same schema; no band under 30 filings.
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 77% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €57,100
Fixed assets
€49,467 ▼ 5.7%
Current assets
€7,634 ▲ 192%
Equity and liabilities €57,100
Equity
€12,688 ▲ 2.8%
Debt
€44,412 ▲ 3.9%
Debt's share of the balance-sheet total rises from 77.6% to 77.8%. Equity and debt are higher.
Key figures and ratios
EBITDA
€3,358▼
2024 · €4,610
Cash flow
€3,346▼
2024 · €4,601
Debt to equity
3.50▲
2024 · 3.46
ROE
2.7%▼
2024 · 12.4%
Interest coverage
111.95▼
2024 · 161.77
Debt ≤ 1 year
€44,412▲
2024 · €42,735
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 3,984 companies that looked in July 2024 the way this one looks now, 1.1% went bankrupt within 24 months and 97% are still going.
- Micro
- 20 years or older
- solvency 10 to 30%
- a profit under 5% of the balance sheet
1.1%
went bankrupt
2.3%
stopped otherwise
97%
still going
For this company itself Checked computes a bankruptcy probability of 0.3% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 3,984 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €5,800 | €5,240 | €3,738 | €3,074 | €3,002 | ▼ 2.3% |
| Other operating charges640/8 | €1,401 | €1,425 | €1,459 | €1,492 | €1,900 | ▲ 27.4% |
| Gross operating margin9900 | €2,579 | €4,029 | €3,700 | €6,103 | €5,259 | ▼ 13.8% |
| Operating profit (loss)9901 | -€4,623 | -€2,636 | -€1,497 | €1,536 | €356 | ▼ 76.8% |
| Financial income75/76B | - | - | €26 | €19 | €18 | ▼ 8.0% |
| Recurring financial income75 | - | - | €26 | €19 | €18 | ▼ 8.0% |
| Financial charges65/66B | €23 | - | €48 | €29 | €30 | ▲ 5.3% |
| Recurring financial charges65 | €23 | - | €48 | €29 | €30 | ▲ 5.3% |
| Profit (loss) for the period before taxes9903 | -€4,646 | -€2,636 | -€1,520 | €1,527 | €344 | ▼ 77.5% |
| Profit (loss) for the period9904 | -€4,646 | -€2,636 | -€1,520 | €1,527 | €344 | ▼ 77.5% |
| Profit (loss) for the period to be appropriated9905 | -€4,646 | -€2,636 | -€1,520 | €1,527 | €344 | ▼ 77.5% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €67,242 | €66,679 | €67,037 | €55,080 | €57,100 | ▲ 3.7% |
| Fixed assets21/28 | €64,521 | €59,281 | €55,543 | €52,469 | €49,467 | ▼ 5.7% |
| Tangible fixed assets22/27 | €64,521 | €59,281 | €55,543 | €52,469 | €49,467 | ▼ 5.7% |
| Land and buildings22 | €64,265 | €59,281 | €55,543 | €52,469 | €49,467 | ▼ 5.7% |
| Plant, machinery and equipment23 | €256 | - | - | - | - | - |
| Current assets29/58 | €2,721 | €7,398 | €11,494 | €2,611 | €7,634 | ▲ 192% |
| Current investments50/53 | €2,709 | €7,376 | €11,386 | €2,559 | €7,408 | ▲ 190% |
| Cash at bank and in hand54/58 | €12 | €21 | €108 | €52 | €225 | ▲ 336% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €67,242 | €66,679 | €67,037 | €55,080 | €57,100 | ▲ 3.7% |
| Equity10/15 | €14,973 | €12,337 | €10,817 | €12,344 | €12,688 | ▲ 2.8% |
| Contributions10/11 | €54,537 | €54,537 | €54,537 | €54,537 | €54,537 | = |
| Reserves13 | €946 | €946 | €946 | €946 | €946 | = |
| Non-distributable reserves130/1 | €946 | €946 | - | - | - | - |
| Reserves not available under the articles1311 | €946 | €946 | - | - | - | - |
| Distributable reserves133 | - | - | €946 | €946 | €946 | = |
| Profit (loss) carried forward14 | -€40,509 | -€43,145 | -€44,665 | -€43,138 | -€42,794 | ▲ 0.8% |
| Amounts payable17/49 | €52,269 | €54,342 | €56,220 | €42,735 | €44,412 | ▲ 3.9% |
| Amounts payable within one year42/48 | €52,269 | €54,342 | €56,220 | €42,735 | €44,412 | ▲ 3.9% |
| Trade debts44 | - | €448 | €236 | €126 | - | - |
| Suppliers440/4 | - | €448 | €236 | €126 | - | - |
| Other amounts payable47/48 | €52,269 | €53,894 | €55,984 | €42,609 | €44,412 | ▲ 4.2% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€4,646 | -€2,636 | -€1,520 | €1,527 | €344 | ▼ 77.5% |
| + Depreciation and write-downs630 | €5,800 | €5,240 | €3,738 | €3,074 | €3,002 | ▼ 2.3% |
| Operating cash flow (approximation) | €1,154 | €2,604 | €2,218 | €4,601 | €3,346 | ▼ 27.3% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €0 | - |
| Change in cash | - | €9 | €86 | -€56 | €174 | ▲ 410% |
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
Next filing, fiscal year 2026, expected by
2026
03-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €1,527
Net result €1,527 after 6 loss-making years.
22-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
28-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
08-04
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Weakest financial yearnet -€4,646
Net result drops to -€4,646, the lowest in the series; recovery starts the following year.
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
2020
09-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
15-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
06-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
21-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro 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.
Have them read with priority
Sign in to place this company at the front of the reading queue.
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, Roeselare · 1 establishment unit since 1990
Ground area
2,097 m²
Building footprint
333 m²
Volume, LiDAR
1,968 m³
2 parcels, Flanders · tallest building 15.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
EMELY
since 19902.046.681.588
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 36302B0895/00K000 | Flanders | 1,287 m² | 1 · 206 m² | 10.4 m · 2 fl. |
| 36302B1028/00B000 | Flanders | 809 m² | 1 · 126 m² | 15.0 m · 2 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.
Similar companies · same sector, comparable size
Micki Chomicki Company
BE 1004.511.313
Antwerpen · Eq €12,157
SANIPACKAGING
BE 0817.523.918
Hove · Eq €14,428
FEE MAISON
BE 0768.539.314
Namur · Eq €15,173
JEN.TI
BE 0769.799.621
Saint-Hubert · Eq €10,483
VERBERCK International
BE 0447.860.381
Brasschaat · Eq €15,588
Of 913 companies in sector 32990 we hold annual accounts for 163. 62 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded27-12-1989
Fiscal year end31-12
Activities, NACEBEL 2025
32990Other manufacturing not elsewhere classified
47551Retail sale of household furniture
47789Other retail sale of new goods
85520Cultural education
E-invoicing
Reachable via Peppol
Peppol ID
0208:0439421084
Also
9925:BE0439421084
Registered
16-11-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.