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EMI

Active
Private limited companyfounded 20242 yrs activeKumtichstraat(VSN) 288, 3300 Tienen, BelgiumKBO/BCE: BE 1006.297.497
Summary

The computed 12-month bankruptcy probability of EMI is 5.5% (elevated). The 2025 annual accounts show negative equity (-€22,270) and a net result of -€27,270. Its solvency ranks better than 23% of 13560 sector peers (fiscal year 2025). The company has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2025
Axes
Profitability27
Solvency18
Growth-
Track record67
Bankruptcy probability, 12 months
5.5% Elevated
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.26; short-term debt: 29.5% and cash: 4.2% of total assets), and equity is negative.
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Signals

Five signals. The signal on the left, the evidence on the right.
+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
Food and beverage service activities (NACE 56)
about 206% more bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 2 years 0 10 y
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 2025
Solvency, return and age of the figures
Solvency
-7.4%
Return on assets
-9.1%
Age of the figures
9 mo
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 04-08-2026, 4 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 · 1 filing
Deviation from the deadline
2025
4 d late
← before the deadline after the deadline →
Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

EMI was incorporated on 22 February 2024 as a Private limited company.1 The company has filed annual accounts once, for fiscal year 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2025

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Financials · fiscal year 2025, micro schema

Equity
-€22,270
Total assets
€301,276
Net result
-€27,270
Working capital
-€65,554

Turnover and EBIT margin not published: the micro schema does not require them.

Balance-sheet composition
Assets €301,276
Fixed assets €277,823
Current assets €23,453
Key figures and ratios
2025 value
EBITDA
€40,069
Cash flow
€22,955
Solvency
-7.4%
Current ratio
0.26
Quick ratio
0.23
Debt to equity
-14.53
ROA
-9.1%
Interest coverage
2.38
Debt
€323,546
Debt ≤ 1 year
€89,007
Debt > 1 year
€232,230
Income taxes
€256
Staff costs
€16,816

Peer companies

Historical observation

Of the 1,554 companies that looked in July 2024 the way this one looks now, 4.1% went bankrupt within 24 months and 91% are still going.

  • Micro
  • 2 to 5 years old
  • negative equity
  • a small loss
4.1% went bankrupt
3.5% stopped otherwise
91% still going

A further 1.0% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 5.5% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.6%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

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 1,554 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
Filed annual accounts As filed with the NBB · 2025 · 45 lines
Balance sheet Code2025
Assets
Total assets20/58€301,276
Fixed assets21/28€277,823
Tangible fixed assets22/27€272,463
Plant, machinery and equipment23€94,388
Furniture and vehicles24€50,908
Other tangible fixed assets26€127,167
Financial fixed assets28€5,360
Current assets29/58€23,453
Stocks and contracts in progress3€2,902
Stocks30/36€2,902
Amounts receivable within one year40/41€759
Other amounts receivable41€759
Cash at bank and in hand54/58€12,629
Deferred charges and accrued income490/1€7,163
Equity and liabilities
Total equity and liabilities10/49€301,276
Equity10/15-€22,270
Contributions10/11€5,000
Profit (loss) carried forward14-€27,270
Amounts payable17/49€323,546
Amounts payable after more than one year17€232,230
Financial debts170/4€232,230
Amounts payable within one year42/48€89,007
Current portion of amounts payable after more than one year42€24,539
Trade debts44€21,998
Suppliers440/4€21,998
Taxes, remuneration and social security45€9,440
Taxes450/3€6,480
Remuneration and social security454/9€2,959
Other amounts payable47/48€33,031
Accrued charges and deferred income492/3€2,309
Income statement Code2025
Remuneration, social security and pensions62€16,816
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€50,224
Other operating charges640/8€4,897
Gross operating margin9900€61,783
Operating profit (loss)9901-€10,155
Financial income75/76B€0
Recurring financial income75€0
Financial charges65/66B€16,859
Recurring financial charges65€16,845
Non-recurring financial charges66B€14
Profit (loss) for the period before taxes9903-€27,014
Income taxes67/77€256
Profit (loss) for the period9904-€27,270
Profit (loss) for the period to be appropriated9905-€27,270
Appropriation of the result
Profit (loss) to be appropriated9906-€27,270

The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Remuneration, social security and pensions62€16,816
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€50,224
Other operating charges640/8€4,897
Gross operating margin9900€61,783
Operating profit (loss)9901-€10,155
Financial income75/76B€0
Recurring financial income75€0
Financial charges65/66B€16,859
Recurring financial charges65€16,845
Non-recurring financial charges66B€14
Profit (loss) for the period before taxes9903-€27,014
Income taxes67/77€256
Profit (loss) for the period9904-€27,270
Profit (loss) for the period to be appropriated9905-€27,270
Line2025
Assets
Total assets20/58€301,276
Fixed assets21/28€277,823
Tangible fixed assets22/27€272,463
Plant, machinery and equipment23€94,388
Furniture and vehicles24€50,908
Other tangible fixed assets26€127,167
Financial fixed assets28€5,360
Current assets29/58€23,453
Stocks and contracts in progress3€2,902
Stocks30/36€2,902
Amounts receivable within one year40/41€759
Other amounts receivable41€759
Cash at bank and in hand54/58€12,629
Deferred charges and accrued income490/1€7,163
Equity and liabilities
Total equity and liabilities10/49€301,276
Equity10/15-€22,270
Contributions10/11€5,000
Profit (loss) carried forward14-€27,270
Amounts payable17/49€323,546
Amounts payable after more than one year17€232,230
Financial debts170/4€232,230
Amounts payable within one year42/48€89,007
Current portion of amounts payable after more than one year42€24,539
Trade debts44€21,998
Suppliers440/4€21,998
Taxes, remuneration and social security45€9,440
Taxes450/3€6,480
Remuneration and social security454/9€2,959
Other amounts payable47/48€33,031
Accrued charges and deferred income492/3€2,309
Line2025
Profit (loss) for the period9904-€27,270
+ Depreciation and write-downs630€50,224
Operating cash flow (approximation)€22,955

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2026
04-08
NBB filing Annual accounts filed
fiscal year 2025 · micro schema · 4 days late
NBB filing
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, Tienen · 1 establishment unit since 2024
seat establishment The establishment unit on the map
Ground area
1,245 m²
Building footprint
299 m²
Volume, LiDAR
1,587 m³
2 parcels, Flanders · tallest building 12.7 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Nuu
Martelarenplaats(LIN) 3, 3210 LubbeekFood and beverage service activities
since 20242.356.600.746
2 parcels
Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
24113C0379/00X000 Flanders 899 m² 1 · 116 m² -
24063B0016/00F000 Flanders 346 m² 1 · 183 m² 12.7 m · 3 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.

Recognitions · licences · registrations

Food safety, FASFC

1 site
Lubbeek2.356.600.746
1 permission
Toelating · Eetgelegenheid · since 01-05-2024

Similar companies · same sector and region

This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 21,859 companies in sector 56112 we hold annual accounts for 9,782. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded22-02-2024
Fiscal year end31-12
Activities, NACEBEL 2025
56111Full-service restaurants
56112Limited-service restaurants, excluding mobile food services
56309Food and beverage service activities
E-invoicing
Reachable via Peppol
Peppol ID 0208:1006297497
Also 9925:BE1006297497
Registered 29-01-2025

Register as of 27 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.