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EMIN

Active
Private limited companyfounded 2023active for 3 yearsIndiëstraat 2, 2000 Antwerpen, Belgium12 active companies are registered at this addressKBO/BCE: BE 0803.067.255
Summary

EMIN has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€6,125) and a net result of -€4,071. The computed 12-month bankruptcy probability is 1.0% (low).

Overview

Activity
Activity not known1 site
Size
€2.0mtotal assets 2025
Equity
-€6,125
Loss
-€4,071
Turnover not published (micro format)
Financial health
53 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
1.0%
Structure
Largest shareholder
Emios · 50%
Holdings
1
2025 accounts 53 days early
Why 53raises riskCapped at 59: negative equityLiquidity: current ratio 0.00, cash €767Negative equity -€6,125lowers riskSize: total assets €2.0mNo main activity registeredShow the evidence

Checked score

Score 2025
53 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 11% of its sector peers (no NACE code, small)
Negative equity caps the score at 59. Every signal that counts is listed under Signals.
Financial strength · tick = 2024
Weak
Solvency 25+25
equity -0.3% of total assets
Liquidity 0-50
short-term debt 100.3% · cash 0.0%
Profitability 37+37
return on assets -0.2%
Bankruptcy probability, 12 months
1.0% Low
0%0.5%1.5%4%10%≥ 25%

About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 11-2024: 5.1% 12-2024: 5.6%▲ +0.5 percentage points vs 11-2024highest value 01-2025: 3.4%▼ -2.2 percentage points vs 12-2024 02-2025: 3.6%▲ +0.2 percentage points vs 01-2025 03-2025: 3.5%▼ -0.1 percentage points vs 02-2025 04-2025: 3.5%● unchanged vs 03-2025 05-2025: 3.9%▲ +0.4 percentage points vs 04-2025 06-2025: 3.8%▼ -0.1 percentage points vs 05-2025 07-2025: 4.6%▲ +0.8 percentage points vs 06-2025 08-2025: 4.6%● unchanged vs 07-2025 09-2025: 2.1%▼ -2.5 percentage points vs 08-2025 10-2025: 2.1%● unchanged vs 09-2025 11-2025: 2.1%● unchanged vs 10-2025 12-2025: 2.1%● unchanged vs 11-2025 01-2026: 2.1%● unchanged vs 12-2025 02-2026: 2.1%● unchanged vs 01-2026 03-2026: 2.0%▼ -0.1 percentage points vs 02-2026 04-2026: 2.0%● unchanged vs 03-2026 05-2026: 2.0%● unchanged vs 04-2026 06-2026: 2.0%● unchanged vs 05-2026 07-2026: 1.0%▼ -1.0 percentage point vs 06-2026lowest value 08-2026: 1.0%● unchanged vs 07-2026 09-2026: 1.0%● unchanged vs 08-2026 10-2026: 1.0%● unchanged vs 09-2026
No credit on open account
Liquidity insufficient (current ratio 0.0, below 1; short-term debt: 100.3% and cash: 0% of total assets), and equity is negative.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (no NACE code, small): better than 10% on solvency, 2% on liquidity, 32% on profitability and 2% on growth.

The bankruptcy probability was computed on 27-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.
lowers riskraises riskneutral
lowers risk · Size: total assets €2.0m
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · Liquidity: current ratio 0.00, cash €767
NBB · annual accounts
lowers risk · No main activity registered
KBO
raises risk · Negative equity -€6,125
NBB · annual accounts
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
2425
2024 to 2025 · latest year -€6,125
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 08-06-2026, 53 days ahead of the deadline.
NBB · 2 filings
Deviation from the deadline
2025
53 days early
2024
27 days late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 2 accounts on average 13 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were 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.
Companies Code · seven months
Where today falls in the filing period
28-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since incorporation in 2023.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · micro…
  2. Annual accounts filedfinancial year 2024 · micro…
  3. IncorporationAppointments: Eric Clonen (director) and…

Financials · financial year 2025, micro format

Equity
-€6,125▼ 198%
2024 · -€2,054
Total assets
€2.0m▲ 3,225×
2024 · €620
Net result
-€4,071▲ 42.3%
2024 · -€7,054
Working capital
-€2.0m▼ 97,580%
2024 · -€2,054
Trend over the years

2024 to 2025, 2 financial years

The operating result stays negative: a loss of €4,038 in 2025 against €7,054 in 2024; the loss shrinks.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result-€0.004m 2025 Net result-€0.004m 2025

Use the arrow keys on the chart for the figures per year.

Every figure with its change against the financial year before
favourable unfavourable
Line20242025
Operating result-€0.007m--€0.004m▲ 42.8%
Net result-€0.007m--€0.004m▲ 42.3%
Equity-€0.002m--€0.006m▼ 198%
Total assets€0.001m-€2.0m▲ 3,225×
Debt€0.003m-€2.0m▲ 750×
Working capital-€0.002m--€2.0m▼ 97,580%
Turnover and EBIT margin not published: the micro format does not require them.
Balance-sheet composition
Assets €2.0m
Fixed assets €2.0m
Current assets €767
Equity and liabilities
Equity-€6,125
Debt€2.0m
Equity is negative: debt (€2.0m) exceeds the balance-sheet total (€2.0m).
Key figures and ratios
2025 value · change against 2024
Solvency
-0.3%
Current ratio
0.00
ROA
-0.2%
Debt ≤ 1 year
€2.0m▲
2024 · €2,674
A ratio outside any meaningful range has been withheld (balance sheet total €2.0m, equity -€6,125).
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 24 lines
Balance sheet Code20242025
Assets
Total assets20/58€0.001m€2.0m▲
Fixed assets21/28-€2.0m
Financial fixed assets28-€2.0m
Current assets29/58€0.001m€0.001m▲
Cash at bank and in hand54/58€0.001m€0.001m▲
Equity and liabilities
Total equity and liabilities10/49€0.001m€2.0m▲
Equity10/15-€0.002m-€0.006m▼
Contributions10/11€0.005m€0.005m=
Profit (loss) carried forward14-€0.007m-€0.01m▼
Amounts payable17/49€0.003m€2.0m▲
Amounts payable within one year42/48€0.003m€2.0m▲
Trade debts44€0.003m€218▼
Suppliers440/4€0.003m€218▼
Other amounts payable47/48-€2.0m
Income statement Code20242025
Other operating charges640/8€0.001m€0.001m▲
Gross operating margin9900-€0.007m-€0.003m▲
Operating profit (loss)9901-€0.007m-€0.004m▲
Financial charges65/66B-€33
Recurring financial charges65-€33
Profit (loss) for the period before taxes9903-€0.007m-€0.004m▲
Profit (loss) for the period9904-€0.007m-€0.004m▲
Profit (loss) for the period to be appropriated9905-€0.007m-€0.004m▲
Appropriation of the result
Profit (loss) to be appropriated9906-€0.007m-€0.01m▼
Profit (loss) brought forward from the previous period14P--€0.007m

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20242025Change
Other operating charges640/8€520€742▲ 42.7%
Gross operating margin9900-€6,534-€3,296▲ 49.6%
Operating profit (loss)9901-€7,054-€4,038▲ 42.8%
Financial charges65/66B-€33-
Recurring financial charges65-€33-
Profit (loss) for the period before taxes9903-€7,054-€4,071▲ 42.3%
Profit (loss) for the period9904-€7,054-€4,071▲ 42.3%
Profit (loss) for the period to be appropriated9905-€7,054-€4,071▲ 42.3%
Line20242025Change
Assets
Total assets20/58€0.001m€2.0m▲ 3,225×
Fixed assets21/28-€2.0m-
Financial fixed assets28-€2.0m-
Current assets29/58€0.001m€0.001m▲ 23.7%
Cash at bank and in hand54/58€0.001m€0.001m▲ 23.7%
Equity and liabilities
Total equity and liabilities10/49€0.001m€2.0m▲ 3,225×
Equity10/15-€0.002m-€0.006m▼ 198%
Contributions10/11€0.005m€0.005m=
Profit (loss) carried forward14-€0.007m-€0.01m▼ 57.7%
Amounts payable17/49€0.003m€2.0m▲ 750×
Amounts payable within one year42/48€0.003m€2.0m▲ 750×
Trade debts44€0.003m€218▼ 91.9%
Suppliers440/4€0.003m€218▼ 91.9%
Other amounts payable47/48-€2.0m-
Line20242025Change
Profit (loss) for the period9904-€7,054-€4,071▲ 42.3%
Operating cash flow (approximation)-€7,054-€4,071▲ 42.3%
Change in cash-€147-

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

Download as CSV

Filings with the National Bank (2)
Financial year Type Filed Reference
31-12-2025 micro format 08-06-2026 2026-00148161
31-12-2024 micro format 27-08-2025 2025-00424470

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.

Directors

Directors
2 directors, no change since 2023
Eric Clonen
Director · since 26-06-2023
Current
Yves Van den Heuvel
Director · since 26-06-2023
Current
Derived from published Gazette deeds. The KBO keeps the official list of office holders; we do not read it, so the two can differ. See the directors and other office holders in the KBO →

Mandate history

2 people since 2023, 2 in office
Show
  • Board
Mandates per person, with start and end dates
Name Functions and periods
Eric Clonen
  • Director, from 26-06-2023 to date
Yves Van den Heuvel
  • Director, from 26-06-2023 to date
See the board, name and registered office on a given date →

Owners and capital

Owners

2 owners

According to the 2025 annual accounts of EMIN and those of the other companies, the acts in the Belgian Official Gazette and the LEI register. Annual accounts state the shareholders that notified the company under article 7:225 of the Code of Companies and Associations and the parent companies that consolidate it. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not include these statements in its annual accounts, or does not have to, is not listed.

Capital and shareholders

Shareholders according to the deeds
At incorporation act of 26-06-2023 ↗
  • INFINITE (BE 0798.321.084) 50 shares (50%)
  • EMIOS (BE 0639.821.601) 50 shares (50%)

The Belgian Official Gazette names shareholders only when an act mentions them; the share register itself is not published.

Capital over the years
  1. 26-06-2023 Incorporation · €5,000 · 100 shares

Group and network

Holdings and subsidiaries

1 holding

Holdings 1

According to the 2025 annual accounts of EMIN and those of the other companies, the acts in the Belgian Official Gazette and the LEI register. Annual accounts state the shareholders that notified the company under article 7:225 of the Code of Companies and Associations and the parent companies that consolidate it. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not include these statements in its annual accounts, or does not have to, is not listed.

Connections & network

2 current directors
Depth

The network starts from this company’s directors. Other companies they run appear here as nodes.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.

History

On 22 June 2023, EMIN was incorporated as a private limited company by INFINITE and EMIOS, with a starting capital of €5,000.12 Of the 2 current board members, 2 have served since 2023.2 The company has filed 2 sets of annual accounts, the latest for financial year 2025.3

  1. 1KBO register
  2. 2Belgian Official Gazette, 26-06-2023
  3. 3National Bank, annual accounts 2025

Acts, filings and financial milestones

Next filing, financial year 2026, expected by 31-07-2027
2026
08-06
NBB filing Annual accounts filed
financial year 2025 · micro format
2025
27-08
NBB filing Annual accounts filed
financial year 2024 · micro format · 27 days late
2023
26-06
Gazette deed Incorporation
Appointments: Eric Clonen (director) and Yves Van den Heuvel (director) · Founder · Founding capital8 facts ▸
  • Founder, INFINITE
  • Founder, EMIOS
  • Incorporation, “EMIN” (deed in Dutch)
  • Founding capital, €5,000
  • Director appointment, Eric Clonen (director)
  • Director appointment, Yves Van den Heuvel (director)
  • Pre-incorporation commitments, “takeover, alle verbintenissen en verplichtingen en alle activiteiten in naam en voor rekening van vennootschap in oprichting” (deed in Dutch)
  • Power of attorney, Marc Verhoeven (bijzondere volmacht)
Gazette deedNBB filing
1 of 1 deed read

Register details

Identification
Legal formPrivate limited company
Founded22-06-2023
Financial year end31-12
E-invoicing
Reachable via Peppol
Peppol ID 0208:0803067255
Registered 23-06-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 27 October 2026 · Peppol Directory

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

Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.

Sites & property

Location & real-estate footprint
Registered office, Antwerpen · 1 establishment unit since 2025
registered office establishment The establishment unit on the map
Ground area
532 m²
Building footprint
509 m²
Building volume
7,929 m³
Parcel 11807G0155/00S006, Flanders · tallest building 20.6 m. Linked by address, not a title deed.
12 companies at this address See who is registered here
1 establishment unit
EMIN
Indiëstraat 2, 2000 AntwerpenActivities of holding companies
since 2025unit no. 2.371.245.370
1 parcel
Flanders 1 (100%)
Cadastral parcel Region Area Buildings Height / floors
11807G0155/00S006 Flanders 532 m² 1 · 509 m² 20.6 m · 6
How the parcels are linked
Good to know
The parcel matches the address exactly.

Articles of association

What the company does

DurationHow long the company exists; usually unlimited, so until it is dissolved.
Unlimited

deed of 26-06-2023

Who represents it, and how

Who signsWho may bind the company towards others, for example by signing a contract.
“hebben. De algemene vergadering die de bestuurder(s) benoemt bepaalt hun aantal, de duur van hun opdracht en, indien er meerdere bestuurders…”
Board ruleHow the board is made up, meets and takes decisions.
“Één of meer bestuurders, bestuursorgaan” (deed in Dutch)

deed of 26-06-2023

Meetings and financial year

Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
Last Friday of May at 14:00

deed of 26-06-2023

Oversight and winding up

Statutory auditorA statutory auditor is a registered auditor who checks the accounts; small companies need not have one. According to the deed, the legal criteria do not require one here.
No statutory auditor

deed of 26-06-2023

Other provisionsOther rules from the articles that fall under none of the themes above.

Other provision: “Hernieuwbare termijn van drie jaar, verloning,ontslag dagelijks bestuur en toezicht commissarissen” (deed in Dutch)
Liquidation distribution: “Goederen in natura op dezelfde wijze verdeeld, netto actief onder alle aandeelhouders naar verhouding aantal aandelen” (deed in Dutch)
2 more provisions in the deed, see the deed of 26-06-2023

deed of 26-06-2023