EMILE
ActiveSummary
The annual accounts of EMILE for fiscal year 2025 show a net loss of 79% of the equity at the start of that year. The 2025 annual accounts show equity of €2,305 and a net result of -€8,486. Equity is shrinking by ~35% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2026. Its solvency ranks better than 23% of 11472 sector peers (fiscal year 2025). The company has been active since 2005 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability17▼-56
Solvency30▼-3
Growth32=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
No publishable credit limit; credit only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity short (current ratio 0.45 against 0.75 in 2024; short-term debt: 88.3% and cash: 22.4% of total assets), and 94.6% of the assets are financed with debt.
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Signals
Seven 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 2025Solvency, return and age of the figures
Solvency
5.4%
Return on assets
-19.9%
Age of the figures
9 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Wholesale trade (NACE 46)
about 21% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 23% of 11472 sector peers (2025).
NBB · sector comparisonPosition among 11472 sector peers
Solvency
better than 23%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 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
28 d late
2024
40 d late
2023
712 d late
2021
31 d late
2020
23 d late
2019
53 d late
2018
30 d late
← 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 131 days after the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% 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.
Companies Code · seven monthsPosition in the running window
27-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€2,305▼ 78.6%
2024 · €10,791
Total assets
€42,609▼ 67.5%
2024 · €130,910
Net result
-€8,486
2024 · €4,936
Working capital
-€20,711▲ 22.0%
2024 · -€26,545
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
Line20202021202320242025
Operating result-€8,352-€17,603▼ 111%-€24,290-€4,645-€5,637
Net result-€7,726-€18,850▼ 144%-€28,128-€4,936-€8,486
Equity€36,168▼ 17.6%€17,318▼ 52.1%€5,855-€10,791▲ 84.3%€2,305▼ 78.6%
Total assets€85,087▲ 0.2%€86,852▲ 2.1%€142,604-€130,910▼ 8.2%€42,609▼ 67.5%
Debt€48,919▲ 19.3%€69,534▲ 42.1%€136,749-€120,119▼ 12.2%€40,303▼ 66.4%
Working capital€10,536▼ 62.1%-€13,589-€40,887--€26,545▲ 35.1%-€20,711▲ 22.0%
Staff (FTE)3.3▼ 8.3%5▲ 51.5%0.3
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €5,637 after €4,645 in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €42,609
Fixed assets
€25,709 ▼ 49.2%
Current assets
€16,899 ▼ 79.0%
Equity and liabilities €42,609
Equity
€2,305 ▼ 78.6%
Debt
€40,303 ▼ 66.4%
Debt's share of the balance-sheet total rises from 91.8% to 94.6%. Equity and debt are lower.
Key figures and ratios
EBITDA
€5,863▼
2024 · €24,052
Cash flow
€3,015▼
2024 · €24,343
Current ratio
0.45▼
2024 · 0.75
Debt to equity
17.48▲
2024 · 11.13
ROE
-368.1%▼
2024 · 45.7%
ROA
-19.9%▼
2024 · 3.8%
Interest coverage
2.06▼
2024 · 1229.64
Debt ≤ 1 year
€37,611▼
2024 · €106,864
Debt > 1 year
€2,693▼
2024 · €13,255
Staff costs
€9,541▲
2024 · €88
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 542 companies that looked in July 2024 the way this one looks now, 4.4% went bankrupt within 24 months and 86% are still going.
- Micro
- 20 years or older
- solvency under 10%
- a loss of 10% of the balance sheet or more
4.4%
went bankrupt
8.7%
stopped otherwise
86%
still going
A further 1.3% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: 0.2% 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%.
| 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 542 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 | 2020 | 2021 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | €15,027 | - |
| Remuneration, social security and pensions62 | - | €121,766 | €84,549 | €88 | €9,541 | ▲ 10,739% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2,786 | €6,019 | €19,045 | €19,406 | €11,501 | ▼ 40.7% |
| Other operating charges640/8 | - | €819 | €4,856 | €760 | €2,502 | ▲ 229% |
| Gross operating margin9900 | €68,444 | €111,002 | €84,160 | €24,900 | €17,907 | ▼ 28.1% |
| Operating profit (loss)9901 | -€8,352 | -€17,603 | -€24,290 | €4,645 | -€5,637 | ▼ 221% |
| Financial income75/76B | - | €151 | €20 | €310 | €0 | ▼ 99.9% |
| Recurring financial income75 | €949 | €151 | €20 | €310 | €0 | ▼ 99.9% |
| Financial charges65/66B | - | €1,252 | €3,858 | €20 | €2,849 | ▲ 14,463% |
| Recurring financial charges65 | €275 | €1,252 | €3,858 | €20 | €2,849 | ▲ 14,463% |
| Profit (loss) for the period before taxes9903 | -€7,678 | -€18,703 | -€28,128 | €4,936 | -€8,486 | ▼ 272% |
| Income taxes67/77 | €48 | €146 | - | - | - | - |
| Profit (loss) for the period9904 | -€7,726 | -€18,850 | -€28,128 | €4,936 | -€8,486 | ▼ 272% |
| Profit (loss) for the period to be appropriated9905 | -€7,726 | -€18,850 | -€28,128 | €4,936 | -€8,486 | ▼ 272% |
| Line | 2020 | 2021 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €85,087 | €86,852 | €142,604 | €130,910 | €42,609 | ▼ 67.5% |
| Fixed assets21/28 | €33,410 | €42,739 | €69,997 | €50,591 | €25,709 | ▼ 49.2% |
| Tangible fixed assets22/27 | €32,957 | €42,286 | €69,543 | €50,137 | €25,256 | ▼ 49.6% |
| Land and buildings22 | - | €13,677 | €8,358 | €7,598 | - | - |
| Furniture and vehicles24 | - | €24,307 | €59,360 | €41,436 | €24,724 | ▼ 40.3% |
| Other tangible fixed assets26 | - | €4,302 | €1,825 | €1,103 | €531 | ▼ 51.8% |
| Financial fixed assets28 | €454 | €454 | €454 | €454 | €454 | = |
| Current assets29/58 | €51,676 | €44,112 | €72,607 | €80,320 | €16,899 | ▼ 79.0% |
| Amounts receivable within one year40/41 | €22,330 | €18,178 | €54,868 | €68,518 | €6,467 | ▼ 90.6% |
| Trade receivables40 | - | €17,536 | €54,599 | €68,282 | €6,456 | ▼ 90.5% |
| Other amounts receivable41 | - | €642 | €269 | €237 | €10 | ▼ 95.6% |
| Cash at bank and in hand54/58 | €28,605 | €24,704 | €17,477 | €11,674 | €9,551 | ▼ 18.2% |
| Deferred charges and accrued income490/1 | - | €1,230 | €262 | €128 | €882 | ▲ 589% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €85,087 | €86,852 | €142,604 | €130,910 | €42,609 | ▼ 67.5% |
| Equity10/15 | €36,168 | €17,318 | €5,855 | €10,791 | €2,305 | ▼ 78.6% |
| Contributions10/11 | - | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Outside capital11 | - | - | - | €6,200 | - | - |
| Other1109/19 | - | - | - | €6,200 | - | - |
| Reserves13 | €49,475 | €49,475 | €49,475 | €49,475 | €49,475 | = |
| Non-distributable reserves130/1 | - | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Reserves not available under the articles1311 | - | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Tax-exempt reserves132 | - | €13,809 | €13,809 | €13,809 | €13,809 | = |
| Distributable reserves133 | - | €33,806 | €33,806 | €33,806 | €33,806 | = |
| Profit (loss) carried forward14 | -€19,507 | -€38,357 | -€49,820 | -€44,884 | -€53,369 | ▼ 18.9% |
| Amounts payable17/49 | €48,919 | €69,534 | €136,749 | €120,119 | €40,303 | ▼ 66.4% |
| Amounts payable after more than one year17 | €7,779 | €11,833 | €23,255 | €13,255 | €2,693 | ▼ 79.7% |
| Financial debts170/4 | - | €11,833 | €23,255 | €13,255 | €2,693 | ▼ 79.7% |
| Amounts payable within one year42/48 | €41,140 | €57,701 | €113,494 | €106,864 | €37,611 | ▼ 64.8% |
| Current portion of amounts payable after more than one year42 | - | €7,737 | €4,772 | €4,195 | €5,214 | ▲ 24.3% |
| Trade debts44 | €16,306 | €19,280 | €81,240 | €76,224 | €2,584 | ▼ 96.6% |
| Suppliers440/4 | - | €19,280 | €81,240 | €76,224 | €2,584 | ▼ 96.6% |
| Taxes, remuneration and social security45 | - | €21,690 | €17,392 | €16,465 | €1,014 | ▼ 93.8% |
| Taxes450/3 | - | €7,914 | €6,621 | €5,694 | €1,014 | ▼ 82.2% |
| Remuneration and social security454/9 | - | €13,776 | €10,771 | €10,771 | - | - |
| Other amounts payable47/48 | - | €8,994 | €10,089 | €9,981 | €28,798 | ▲ 189% |
| Line | 2020 | 2021 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€7,726 | -€18,850 | -€28,128 | €4,936 | -€8,486 | ▼ 272% |
| + Depreciation and write-downs630 | €2,786 | €6,019 | €19,045 | €19,406 | €11,501 | ▼ 40.7% |
| Operating cash flow (approximation) | -€4,940 | -€12,831 | -€9,083 | €24,343 | €3,015 | ▼ 87.6% |
| Investment in fixed assets (approximation) | - | -€15,348 | - | €0 | €13,381 | - |
| Change in cash | - | -€3,901 | - | -€5,803 | -€2,123 | ▲ 63.4% |
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
28-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 28 days late
13-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 712 days late
2025
09-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 40 days late
2024
31-12
Financial
Back to profitnet €4,936
Net result €4,936 after 3 loss-making years.
2023
31-12
Financial
Weakest financial yearnet -€28,128
Net result drops to -€28,128, the lowest in the series; recovery starts the following year.
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
23-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 23 days late
2020
22-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 53 days late
2019
31-12
Financial
Highest result since 2018net €8,376 ▲15.6%
Operating result €8,064, net result €8,376, both a record.
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2018
24-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 24 days late
2017
17-07
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
31-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
3 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, Fernelmont · 1 establishment unit since 2005
Ground area
1,550 m²
Building footprint
110 m²
Parcel 92027A0311/00C002, Wallonia. Linked by address, not a title deed.
1 establishment unit
Emile
since 20052.147.711.741
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 92027A0311/00C002 | Wallonia | 1,550 m² | 1 · 110 m² | - |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 1,424 companies in sector 46389 we hold annual accounts for 854. 143 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formCoöperatieve vennootschap met beperkte aansprakelijkheid
Founded23-06-2005
Fiscal year end31-12
Activities, NACEBEL 2025
46389Wholesale of other food products
70200Business and other management consultancy
46900Non-specialised wholesale trade
47789Other retail sale of new goods
73200Market research and public opinion polling
Contact
E-mail
melindaservais@yahoo.frFernelmont
Phone
0473/98.55.59Fernelmont
Phone
081/65.52.37Fernelmont
E-invoicing
Reachable via Peppol
Peppol ID
0208:0874649691
Registered
22-12-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.