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Emin

Active
Private limited companyfounded 2024active for 2 yearsDennenstraat 10, 3581 Beringen, BelgiumKBO/BCE: BE 1010.348.634
Summary

Emin has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €50,455 and a net result of €40,455. Its solvency ranks better than 17% of 12,737 sector peers (NACE 47, financial year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).

Financials · financial year 2025, abbreviated format

2025 annual accounts filed late (27 days) Filed on 27 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00434710.

Turnover
≈ €3.7m
Estimated: probably between €3.0m and €4.9m
Total assets
€862,254
Net result
€40,455
Working capital
€249,509

Turnover and EBIT margin not published: the abbreviated format does not require them. The turnover shown is an estimate from the gross margin.

Balance-sheet composition
Assets €862,254
Fixed assets €94,115
Current assets €768,139
Equity and liabilities €862,254
Equity €50,455
Debt €811,799
Debt finances 94.1% of the balance-sheet total.
Key figures and ratios
2025 value
EBITDA
€93,298
Cash flow
€53,914
Current ratio
1.48
Quick ratio
0.69
Debt to equity
16.09
ROE
80.2%
ROA
4.7%
Interest coverage
3.18
Debt ≤ 1 year
€518,629
Debt > 1 year
€293,169
Income taxes
€10,114
Staff costs
€291,034

Peer companies

Historical observation

Of the 1,514 companies that looked in July 2024 the way this one looks now, 2.4% went bankrupt within 24 months and 95.7% are still going.

  • Small
  • 2 to 5 years old
  • solvency under 10%
  • a profit under 5% of the balance sheet
2.4% went bankrupt
1.6% stopped otherwise
95.7% still going

A further 0.3% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a lower bankruptcy probability: 0.5% 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 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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% 0.9%
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 74.5% 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 1,514 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 · 43 lines
Balance sheet Code2025
Assets
Total assets20/58€862,254
Fixed assets21/28€94,115
Intangible fixed assets21€6,095
Tangible fixed assets22/27€88,020
Land and buildings22€13,106
Plant, machinery and equipment23€2,272
Furniture and vehicles24€38,641
Other tangible fixed assets26€34,001
Current assets29/58€768,139
Stocks and contracts in progress3€412,087
Stocks30/36€412,087
Amounts receivable within one year40/41€678
Trade receivables40€678
Cash at bank and in hand54/58€355,374
Equity and liabilities
Total equity and liabilities10/49€862,254
Equity10/15€50,455
Contributions10/11€10,000
Profit (loss) carried forward14€40,455
Amounts payable17/49€811,799
Amounts payable after more than one year17€293,169
Financial debts170/4€293,169
Amounts payable within one year42/48€518,629
Current portion of amounts payable after more than one year42€56,926
Trade debts44€265,775
Suppliers440/4€265,775
Taxes, remuneration and social security45€127,077
Taxes450/3€81,860
Remuneration and social security454/9€45,217
Other amounts payable47/48€68,852
Income statement Code2025
Remuneration, social security and pensions62€291,034
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€13,459
Other operating charges640/8€50
Gross operating margin9900€384,382
Operating profit (loss)9901€79,839
Financial income75/76B€59
Recurring financial income75€59
Financial charges65/66B€29,330
Recurring financial charges65€29,330
Profit (loss) for the period before taxes9903€50,568
Income taxes67/77€10,114
Profit (loss) for the period9904€40,455
Profit (loss) for the period to be appropriated9905€40,455
Appropriation of the result
Profit (loss) to be appropriated9906€40,455

The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Remuneration, social security and pensions62€291,034
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€13,459
Other operating charges640/8€50
Gross operating margin9900€384,382
Operating profit (loss)9901€79,839
Financial income75/76B€59
Recurring financial income75€59
Financial charges65/66B€29,330
Recurring financial charges65€29,330
Profit (loss) for the period before taxes9903€50,568
Income taxes67/77€10,114
Profit (loss) for the period9904€40,455
Profit (loss) for the period to be appropriated9905€40,455
Line2025
Assets
Total assets20/58€862,254
Fixed assets21/28€94,115
Intangible fixed assets21€6,095
Tangible fixed assets22/27€88,020
Land and buildings22€13,106
Plant, machinery and equipment23€2,272
Furniture and vehicles24€38,641
Other tangible fixed assets26€34,001
Current assets29/58€768,139
Stocks and contracts in progress3€412,087
Stocks30/36€412,087
Amounts receivable within one year40/41€678
Trade receivables40€678
Cash at bank and in hand54/58€355,374
Equity and liabilities
Total equity and liabilities10/49€862,254
Equity10/15€50,455
Contributions10/11€10,000
Profit (loss) carried forward14€40,455
Amounts payable17/49€811,799
Amounts payable after more than one year17€293,169
Financial debts170/4€293,169
Amounts payable within one year42/48€518,629
Current portion of amounts payable after more than one year42€56,926
Trade debts44€265,775
Suppliers440/4€265,775
Taxes, remuneration and social security45€127,077
Taxes450/3€81,860
Remuneration and social security454/9€45,217
Other amounts payable47/48€68,852
Line2025
Profit (loss) for the period9904€40,455
+ Depreciation and write-downs630€13,459
Operating cash flow (approximation)€53,914

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 (1)
Financial year Type Filed Reference
31-12-2025 abbreviated format 27-08-2026 2026-00434710

Similar companies · same sector, comparable size

Of the 10,336 active companies whose main activity is non-specialised retail sale with food, beverages or tobacco predominating (NACE 47110), figures are known for 6,013. 4,730 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

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