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Emina

Active
Private limited companyfounded 199432 yrs activeZandstraat 4, 8300 Knokke-Heist, BelgiumKBO/BCE: BE 0452.945.656
Summary

For Emina, at least two filing cycles of the annual accounts are missing. The 2022 annual accounts show negative equity (-€99,331) and a net result of €405. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 14% of 17223 sector peers (fiscal year 2022). The company has been active since 1994 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.5% (low).

Checked score

No current score
Figures too old
The available figures for FY 2022 are too old to assess current financial health.
Filing: At least two filing cycles are missing
Axes, FY 2022 · tick = 2021
Profitability38=
Solvency20=
Growth52=
Track record100
Bankruptcy probability, 12 months
0.5% Low
0%0.5%1.5%4%10%≥ 25%
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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk
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 2022
Solvency, return and age of the figures
Solvency
-5.2%
Return on assets
0%
Age of the figures
51 mo
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Real estate activities (NACE 68)
about 43% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 32 years 0 40 y
raises risk · Two or more financial years not filed
Since the financial year that closed on 30-06-2023, 3 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 10 filings
Position against the passed deadline
30-06-2023 close31-01-2024 deadline28-09-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 30-06-2022 was due by 31-01-2023 and was filed on 03-10-2023, 245 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filings
Deviation from the deadline
2025
not filed
2024
not filed
2023
not filed
2022
245 d late
2021
610 d late
2020
975 d late
2019
28 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 4 accounts on average 465 days after the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 36% of the sector filed late.

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

On 20 June 1994, Emina was incorporated.1 Total assets went from EUR 1.6 million in 2019 to EUR 1.9 million in 2022 and headcount from 2 full-time equivalents in 2019 to 2 in 2021.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2019, 2021 and 2022

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Financials · fiscal year 2022, micro schema

Equity
-€99,331▲ 0.4%
2021 · -€99,736
Total assets
€1.9m▼ 5.1%
2021 · €2.0m
Net result
€405▼ 55.7%
2021 · €915
Working capital
€372,890▲ 63.6%
2021 · €227,873
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 68, Real estate activities, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line2019202020212022
Operating result€12,532-€4,872▼ 61.1%€2,736▼ 43.9%€1,783▼ 34.8%
Net result€5,483-€186within the sector's middle half▼ 96.6%€915within the sector's middle half▲ 391%€405within the sector's middle half▼ 55.7%
Equity-€602,701--€100,650below the sector's middle half▲ 83.3%-€99,736below the sector's middle half▲ 0.9%-€99,331below the sector's middle half▲ 0.4%
Total assets€1.6m-€2.0mabove the sector's middle half▲ 21.0%€2.0mabove the sector's middle half▲ 1.5%€1.9mabove the sector's middle half▼ 5.1%
Debt€2.2m-€2.1m▼ 7.1%€2.1m▲ 1.4%€2.0m▼ 4.9%
Working capital€461,659-€242,901▼ 47.4%€227,873▼ 6.2%€372,890▲ 63.6%
Solvency-36.8%--5.1%below the sector's middle half▲ 31.8pp-5.0%below the sector's middle half▲ 0.1pp-5.2%below the sector's middle half▼ 0.2pp
Staff (FTE)2-2within the sector's middle half=2=
above within below the middle half (P25 to P75) of NACE 68, Real estate activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€5,000€10,000€15,000Operating result 2019: €12,532€12,532Net result 2019: €5,483€5,483Operating result 2020: €4,872€4,872Net result 2020: €186€186Operating result 2021: €2,736€2,736Net result 2021: €915€915Operating result 2022: €1,783€1,783Net result 2022: €405€4052019202020212022€0€2,000€4,000Operating result 2020: €4,872€4,870Net result 2020: €186€186Operating result 2021: €2,736€2,740Net result 2021: €915€915Operating result 2022: €1,783€1,780Net result 2022: €405€405202020212022
The operating result has fallen three years in a row; 2022 is 35% below 2021 and is the lowest result in the available series.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €1.9m
Fixed assets €1.5m ▼ 13.6%
Current assets €387,726 ▲ 53.9%
Key figures and ratios
2022 value · change against 2021
Current ratio
26.14▲
2021 · 10.46
Debt to equity
-20.19▲
2021 · -21.15
ROA
0.0%▼
2021 · 0.0%
Debt ≤ 1 year
€14,835▼
2021 · €24,084
Debt > 1 year
€2.0m▼
2021 · €2.1m
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 · 2022 against 2021 · 39 lines
Balance sheet Code20212022
Assets
Total assets20/58€2.0m€1.9m▼
Fixed assets21/28€1.8m€1.5m▼
Tangible fixed assets22/27€1.8m€1.5m▼
Land and buildings22€1.7m€1.5m▼
Furniture and vehicles24€56,817€56,817=
Financial fixed assets28€340€340=
Current assets29/58€251,957€387,726▲
Amounts receivable within one year40/41€2,815€134,971▲
Trade receivables40-€129,342
Other amounts receivable41€2,815€5,629▲
Cash at bank and in hand54/58€106€622▲
Deferred charges and accrued income490/1€249,037€252,132▲
Equity and liabilities
Total equity and liabilities10/49€2.0m€1.9m▼
Equity10/15-€99,736-€99,331▲
Contributions10/11€18,600€18,600=
Reserves13€14,083€14,083=
Non-distributable reserves130/1€1,239€1,239=
Reserves not available under the articles1311€1,239€1,239=
Distributable reserves133€12,844€12,844=
Profit (loss) carried forward14-€132,419-€132,014▲
Amounts payable17/49€2.1m€2.0m▼
Amounts payable after more than one year17€2.1m€2.0m▼
Financial debts170/4€2.1m€2.0m▼
Amounts payable within one year42/48€24,084€14,835▼
Trade debts44€22,447€14,129▼
Suppliers440/4€22,447€14,129▼
Taxes, remuneration and social security45€1,637€706▼
Taxes450/3€1,637€706▼
Income statement Code20212022
Remuneration, social security and pensions62€15,230-
Other operating charges640/8€6,043€14,046▲
Gross operating margin9900€24,009€15,829▼
Operating profit (loss)9901€2,736€1,783▼
Financial charges65/66B€1,821€1,378▼
Recurring financial charges65€1,821€1,378▼
Profit (loss) for the period before taxes9903€915€405▼
Profit (loss) for the period9904€915€405▼
Profit (loss) for the period to be appropriated9905€915€405▼
Appropriation of the result
Profit (loss) to be appropriated9906-€132,419-€132,014▲
Profit (loss) brought forward from the previous period14P-€133,333-€132,419▲

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2019202020212022Change
Remuneration, social security and pensions62-€58,543€15,230--
Other operating charges640/8-€3,562€6,043€14,046▲ 132%
Gross operating margin9900€87,969€66,977€24,009€15,829▼ 34.1%
Operating profit (loss)9901€12,532€4,872€2,736€1,783▼ 34.8%
Financial charges65/66B-€4,686€1,821€1,378▼ 24.3%
Recurring financial charges65€7,049€4,686€1,821€1,378▼ 24.3%
Profit (loss) for the period before taxes9903€5,483€186€915€405▼ 55.7%
Profit (loss) for the period9904€5,483€186€915€405▼ 55.7%
Profit (loss) for the period to be appropriated9905€5,483€186€915€405▼ 55.7%
Line2019202020212022Change
Assets
Total assets20/58€1.6m€2.0m€2.0m€1.9m▼ 5.1%
Fixed assets21/28€809,216€1.7m€1.8m€1.5m▼ 13.6%
Tangible fixed assets22/27€808,876€1.7m€1.8m€1.5m▼ 13.6%
Land and buildings22-€1.6m€1.7m€1.5m▼ 14.0%
Furniture and vehicles24-€56,817€56,817€56,817=
Financial fixed assets28€340€340€340€340=
Current assets29/58€826,344€276,397€251,957€387,726▲ 53.9%
Amounts receivable within one year40/41€264,596-€2,815€134,971▲ 4,696%
Trade receivables40---€129,342-
Other amounts receivable41--€2,815€5,629▲ 100%
Cash at bank and in hand54/58€19,160-€106€622▲ 488%
Deferred charges and accrued income490/1-€276,397€249,037€252,132▲ 1.2%
Equity and liabilities
Total equity and liabilities10/49€1.6m€2.0m€2.0m€1.9m▼ 5.1%
Equity10/15-€602,701-€100,650-€99,736-€99,331▲ 0.4%
Contributions10/11€18,600€18,600€18,600€18,600=
Reserves13€14,083€14,083€14,083€14,083=
Non-distributable reserves130/1-€1,239€1,239€1,239=
Reserves not available under the articles1311-€1,239€1,239€1,239=
Distributable reserves133-€12,844€12,844€12,844=
Profit (loss) carried forward14-€635,384-€133,333-€132,419-€132,014▲ 0.3%
Amounts payable17/49€2.2m€2.1m€2.1m€2.0m▼ 4.9%
Amounts payable after more than one year17€1.9m€2.0m€2.1m€2.0m▼ 4.5%
Financial debts170/4-€2.0m€2.1m€2.0m▼ 4.5%
Amounts payable within one year42/48€364,684€33,496€24,084€14,835▼ 38.4%
Current portion of amounts payable after more than one year42-€14,604---
Financial debts43-€4,340---
Credit institutions430/8-€4,340---
Trade debts44€41,431€9,297€22,447€14,129▼ 37.1%
Suppliers440/4-€9,297€22,447€14,129▼ 37.1%
Taxes, remuneration and social security45-€3,854€1,637€706▼ 56.9%
Taxes450/3-€706€1,637€706▼ 56.9%
Remuneration and social security454/9-€3,148---
Other amounts payable47/48-€1,400---
Line2019202020212022Change
Profit (loss) for the period9904€5,483€186€915€405▼ 55.7%
Operating cash flow (approximation)€5,483€186€915€405▼ 55.7%
Investment in fixed assets (approximation)--€894,182-€53,860€238,395▲ 543%
Change in cash---€516-

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

2023
03-10
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 245 days late
03-10
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 610 days late
03-10
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 975 days late
2022
30-06
Financial Liquidity doublescurrent ratio 26.14
Current ratio from 10.46 to 26.14; short-term debt falls from €24,084 to €14,835.
2020
30-06
Financial Weakest financial yearnet €186 ▼96.6%
Net result drops to €186, the lowest in the series; recovery starts the following year.
30-06
Financial Liquidity quadruplescurrent ratio 8.25
Current ratio from 2.27 to 8.25; short-term debt falls from €364,684 to €33,496.
28-02
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 28 days late
2018
30-08
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 30 days late
2017
31-08
NBB filing Annual accounts filed
fiscal year 2016 · micro schema · 31 days late
2016
29-11
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema · 121 days late
2015
16-06
NBB filing Annual accounts filed
fiscal year 2014 · abbreviated schema
2014
29-09
NBB filing Annual accounts filed
fiscal year 2013 · abbreviated schema · 60 days late
2013
30-08
NBB filing Annual accounts filed
fiscal year 2012 · abbreviated schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 10 acts read
About the unread acts

We know of 10 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
10 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, Knokke-Heist · 1 establishment unit since 1994
seat establishment The establishment unit on the map
Ground area
918 m²
Building footprint
630 m²
Volume, LiDAR
11,813 m³
2 parcels, Flanders · tallest building 32.7 m, ±8 floors. Linked by address, not a title deed.
1 establishment unit
EMINA
Congreslaan 14, 9000 GentNACE 70201
since 19942.067.820.858
2 parcels
Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
44808H0093/00S003
ProtectedTownscape or village viewMiljoenenkwartierSource ↗
Flanders 522 m² 1 · 234 m² 16.5 m · 5 fl.
31334B0094/00_000 Flanders 396 m² 1 · 396 m² 32.7 m · 8 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.
1 of these parcels carry protected heritage: expect extra rules on renovation or sale.

Similar companies · same sector, comparable size

Of 3,761 companies in sector 68321 we hold annual accounts for 1,394. 889 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded20-06-1994
Fiscal year end30-06
Activities, NACEBEL 2025
68321Property management for co-owned buildings (syndics)
E-invoicing
Reachable via Peppol
Peppol ID 0208:0452945656
Also 9925:BE0452945656
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.