Skip to content

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).

Overview

Activity
Non-specialised retail sale with food, beverages or tobacco predominating
NACE 47110
1 site
Size
≈ €3.7mturnover 2025, estimated
Staff
≈ 7.6 FTE, estimated
Equity
€50,455
Profit
€40,455
Turnover estimated from the gross margin
Financial health
82 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.5%
Structure
2025 accounts filed 27 days late
Why 82raises riskEquity €50,455 (5.9% of total assets)Founded in 2024lowers riskSize: total assets €862,254Liquidity: current ratio 1.48, cash €355,374Show the evidence

Checked score

Score 2025
82 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 45% of its sector peers (NACE 47, micro)
Financial strength
Average
Solvency 31
equity 5.9% of total assets
Liquidity 69
short-term debt 60.1% · cash 41.2%
Profitability 51
return on assets 4.7%
Bankruptcy probability, 12 months
0.5% Very low
0%0.5%1.5%4%10%≥ 25%

About 5 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.6% (40,270 companies, NACE 47, micro)
Last 24 months 07-2025: 1.8% 08-2025: 1.9%▲ +0.1 percentage points vs 07-2025 09-2025: 1.9%● unchanged vs 08-2025 10-2025: 2.3%▲ +0.4 percentage points vs 09-2025 11-2025: 2.3%● unchanged vs 10-2025 12-2025: 2.6%▲ +0.3 percentage points vs 11-2025 01-2026: 2.9%▲ +0.3 percentage points vs 12-2025 02-2026: 2.9%● unchanged vs 01-2026 03-2026: 2.8%▼ -0.1 percentage points vs 02-2026 04-2026: 2.8%● unchanged vs 03-2026 05-2026: 3.0%▲ +0.2 percentage points vs 04-2026 06-2026: 3.2%▲ +0.2 percentage points vs 05-2026 07-2026: 3.2%● unchanged vs 06-2026highest value 08-2026: 3.2%● unchanged vs 07-2026highest value 09-2026: 0.5%▼ -2.7 percentage points vs 08-2026lowest value 10-2026: 0.5%● unchanged vs 09-2026lowest value
Credit of up to €4,000 on 30-day terms is acceptable
Liquidity tight (current ratio 1.48, below the usual 1.5; short-term debt: 60.1% and cash: 41.2% of total assets), and 94.1% of the assets are financed with debt and provisions.
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 (NACE 47, micro): better than 23% on solvency, 75% on liquidity and 37% on profitability.

The bankruptcy probability was computed on 31-10-2026 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).

Credit check for your own amount and term

Show the recommended maximum and see how the verdict changes with amount, term and advance.

Signals

Six signals.
lowers riskraises risk
lowers risk · Size: total assets €862,254
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · Equity €50,455 (5.9% of total assets)
NBB · annual accounts
lowers risk · Liquidity: current ratio 1.48, cash €355,374
NBB · annual accounts
raises risk · Founded in 2024
Companies of this age fail more often than older ones; how much that weighs depends on the rest of its profile.
KBO
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 17% of 12737 sector peers (2025).
NBB · sector comparison
Position among 12737 sector peers
Solvency
better than 17%
← weakest strongest →
raises risk · 2025 accounts filed 27 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-08-2026, 27 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 1 filing
Deviation from the deadline
2025
27 days late
← before the deadline after the deadline →
Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since incorporation in 2024.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · abbreviated…
  2. Amendment of the articlesGeneral meeting
  3. IncorporationAppointment: ARSLAN Nurettin (director) ·…

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.

Directors

Directors
1 director, no change since 2024
ARSLAN Nurettin
Director · since 17-06-2024
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

1 person since 2024, 1 in office
Show
  • Board
Mandates per person, with start and end dates
Name Functions and periods
ARSLAN Nurettin
  • Director, from 17-06-2024 to date
See the board, name and registered office on a given date →

Owners and capital

Capital and shareholders

Shareholders according to the deeds
At incorporation act of 17-06-2024 ↗

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

Capital over the years
  1. 17-06-2024 Incorporation · €10,000 · 100 shares

Group and network

Connections & network

1 current director
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 13 June 2024, Emin was incorporated as a private limited company by one natural person, with a starting capital of €10,000.12 ARSLAN Nurettin has served as director of the company since 2024.2 The company has filed annual accounts once, for financial year 2025.3

  1. 1KBO register
  2. 2Belgian Official Gazette, 17-06-2024
  3. 3National Bank, annual accounts 2025

Acts, filings and financial milestones

2026
27-08
NBB filing Annual accounts filed
financial year 2025 · abbreviated format · 27 days late
2025
10-09
Gazette deed Amendment of the articles
General meeting2 facts ▸
  • General meeting, 02-09-2025
  • Other provision, “verlenging boekjaar”, 31-12-2025 (deed in Dutch)
2024
17-06
Gazette deed Incorporation
Appointment: ARSLAN Nurettin (director) · Permanent representative: ARSLAN Nurettin · Founder9 facts ▸
  • Incorporation, “Emin” (deed in Dutch)
  • Founder, ARSLAN Nurettin (vennoot oprichter)
  • Founding capital, €10,000
  • Other provision, “uitwerking slotbeslissingen, eenparig door comparant” (deed in Dutch)
  • Registered office clause, “3581 Beringen (Beverlo), Dennenstraat 10B” (deed in Dutch)
  • Director appointment, ARSLAN Nurettin (director)
  • Board rule, 1
  • Permanent representative, ARSLAN Nurettin
  • Pre-incorporation commitments, “takeover, alle verbintenissen,verplichtingen en activiteiten sinds heden door comparant in naam en voor rekening vennootschap in oprichting” (deed in Dutch)
Gazette deedNBB filing
2 of 2 deeds read

Register details

Identification
Legal formPrivate limited company
Founded13-06-2024
Financial year end31-12
Activities, NACEBEL 2025
47110Non-specialised retail sale with food, beverages or tobacco predominating
10712Artisanal bread and fresh pastry making
47221Retail sale of meat and meat products, excluding game and poultry
56112Limited-service restaurants, excluding mobile food services
E-invoicing
Reachable via Peppol
Peppol ID 0208:1010348634
Also 9925:BE1010348634
Registered 11-12-2025

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

Register as of 31 October 2026 · Peppol Directory

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

Recognitions · licences · registrations

Food safety, FASFC

1 site
Beringenunit no. 2.360.417.004
4 permissions
Authorisation · Beenhouwerij (GRM) · since 25-04-2025
Authorisation · Bakkerij · since 09-07-2024
Authorisation · Detailhandel · since 09-07-2024
and 1 more

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

Sites & property

Location & real-estate footprint
Registered office, Beringen · 1 establishment unit since 2024
registered office establishment The establishment unit on the map
Ground area
2,272 m²
Building footprint
1,710 m²
Building volume
985 m³
Parcel 71005C1330/00D006, Flanders · tallest building 6.9 m. Linked by address, not a title deed.
6 companies at this address See who is registered here
1 establishment unit
Emin
Dennenstraat 10, 3581 BeringenNon-specialised retail sale with food, beverages or tobacco predominating
since 2024unit no. 2.360.417.004
1 parcel
Flanders 1 (100%)
Cadastral parcel Region Area Buildings Height / floors
71005C1330/00D006 Flanders 2,272 m² 1 · 1,710 m² 6.9 m
How the parcels are linked
Good to know
The parcel matches the address exactly.

Articles of association

What the company does

PurposeThe activities the company may carry out under its articles.
“Het uitbaten van een superette in de meest ruime zin; Het uitbaten van een winkel in de meest ruime zin; Het uitbaten van een slagerij en…” (deed in Dutch)
59 activities (deed in Dutch)
  1. Het uitbaten van een superette in de meest ruime zin
  2. Het uitbaten van een winkel in de meest ruime zin
  3. Het uitbaten van een slagerij en bakkerij in de meest ruime zin
  4. Het uitbetalen van een horecazaak in de meest ruime zin
  5. Het uitbaten van een koffiebar en sushibar in de meest ruime zin
  6. Kleinhandel en groothandel van voeding en drank in de meest ruime zin
  7. Kleinhandel en groothandel van goederen in de meest ruime zin
  8. Managementvennootschap
  9. Klein- en groothandel van bouwmateriaal,in de meest ruime zin
  10. Klein- en groothandel van goederen,materiaal,in de meest ruime zin
  11. Het uitbaten van een winkel,in de meest ruime zin
  12. Doe het zelf zaak in de meest ruime zin
  13. Bouwfirma in de meest ruime zin
  14. Het aanstellen en coördineren van onderaannemers in de meest ruime zin
  15. Vloerder
  16. Autohandelaar in de meest ruime zin
  17. Isolatiewerken
  18. Renovatiewerken in de meest ruime
  19. Bouw in de meest ruime zin
  20. Gyprocwerken in de meest ruime zin
  21. Algemene elektriciteit
  22. Schilderwerken
  23. Vloerder in de meest ruime zin
  24. Sanitair werken in de meest ruime zin
  25. Aan- en verkoop van goederen in de meest ruime zin
  26. Klusjeswerken in de meest ruime zin
  27. Schilderen van particuliere woningen en kantoren en industriële gebouwen
  28. Industriebouw in de meest ruime zin
  29. Montage van stalen
  30. Dak en gevelbekleding
  31. Staalbouw in de meest ruime zin
  32. Overige werkzaamheden in de bouw in de meest ruime zin
  33. Het uitvoeren van schilderwerken in de meest ruime zin
  34. Schilderen van huizen,kantoren,gebouwen,enzovoort in de meest ruime zin
  35. Schilderbedrijf in de meest ruime zin
  36. Aan- en verkopen van handelsgoederen in de meest ruime zin
  37. Het uitvoeren van dakwerken in de meest ruime zin
  38. Aan- en verkoop van bouwmateriaal in de meest ruime zin
  39. Het kopen en verkopen van onroerend goed in de meest ruime zin
  40. Projectbouw van residentiële woningen,van kantoorruimtes en van industriële gebouwen
  41. Het coördineren van bouwwerkzaamheden
  42. Het kopen,bouwen en verbouwen,verkopen van onroerend goed in de meest ruime zin
  43. Aan- en verkoop van bouwmateriaal in de meest ruime zin
  44. Import en export van materiaal in de meest ruime zin
  45. Aankoop,verkoop en levering en plaatsing van goederen in de meest ruime zin
  46. Renovatiewerken in de meest ruime zin van onroerende goederen
  47. Het uitvoeren van tegelwerken in de meest ruime zin
  48. Pakketwerk in de meest ruime zin
  49. Dienstverlening in de meest ruime zin
  50. Schoonmaakwerk in de meest ruime zin
  51. Coördinatie van bouwwerken in de meest ruime zin
  52. Het verhuren van personeel in de meest ruime zin
  53. Aan- en verkoop van handelsgoederen,in de meest ruime zin
  54. Plaatsen van vloer- en wandtegels;
  55. Alle isolatiewerken
  56. Het optrekken van de ruwbouw van gebouwen
  57. Het leiden van belangrijke herstellingswerkzaamheden aan gebouwen
  58. Onderneming voor het uitvoeren van aannemingswerken,ruwbouw,voegwerken,dakwerken,schrijnwerk,tegelwerk,leggen van chapes,elektriciteitswerken,funderingen,grondwerken,isolatiewerken,slopingswerken,het uitvoeren van metaalconstructies,openhaarden,sierschouwen en overige binnen- en buiten afwerking bij bouwen,
  59. Het inrichten,organiseren en promotie voeren van:eetmalen,feesten,conferenties met inbegrip van de verhuring van conferentiematerialen van alle aard in de meest ruime zin van het woord tentoonstellingen,vertoningen en seminaries;vertoningen,concerten en tentoonstellingen;culturele manifestaties;

The full purpose is in the deed

DurationHow long the company exists; usually unlimited, so until it is dissolved.
Unlimited
Name clauseThe name the company operates under according to its articles.
Emin
Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
“Vlaams Gewest” (deed in Dutch)

deed of 17-06-2024

Who represents it, and how

Who signsWho may bind the company towards others, for example by signing a contract.
“Bevoegdheden van het bestuursorgaan Als er slechts één bestuurder is, is het geheel van de bevoegdheden van de bestuurders aan hem…”
Board ruleHow the board is made up, meets and takes decisions.
“1, algemene vergadering bepaalt aantal,duur opdracht en bij meerdere bestuurders bevoegdheid” (deed in Dutch)

deed of 17-06-2024

Meetings and financial year

Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
Third Thursday of June at 20:00

deed of 10-09-2025

Oversight and winding up

Dissolution ruleWhen and by whom the company can be dissolved.
“Vereist voor statutenwijziging, beslissing algemene vergadering” (deed in Dutch)
Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
“Indien geen andere vereffenaar benoemd, één of meerdere vereffenaars aanduiden,bevoegdheden omlijnen,vergoeding bepalen” (deed in Dutch)

deed of 17-06-2024

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

Other provision: “Bestuursorgaan bepaalt of zij alleen,dan wel gezamenlijk optreden, dagelijks bestuur alsook vertegenwoordiging wat dat bestuur aangaat” (deed in Dutch)
Other provision: “Notulen,aanwezigheidslijst en inzage, aanwezigheidslijst,verslagen,volmachten,schriftelijke stemmingen” (deed in Dutch)
Other provision: “Schriftelijk,alle middelen van overdracht, volmacht algemene vergadering” (deed in Dutch)
Other provision: “Meerderheid van stemmen, meerderheid” (deed in Dutch)
Other provision: “Elk aandeel gelijk aandeel, winstverdeling en reserves” (deed in Dutch)
Liquidation distribution: “Aanzuivering schulden,lasten,kosten of consignatie, netto-actief en goederen in natura naar verhouding aantal aandelen” (deed in Dutch)
6 more provisions in the deed, see the deed of 17-06-2024

deed of 17-06-2024