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EMISYL

Active
Private limited companyfounded 200818 yrs activeRue Désiré Thomas(JAM) 7, 6120 Ham-sur-Heure-Nalinnes, BelgiumKBO/BCE: BE 0896.867.938
Summary

EMISYL has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €518,306 and a net result of -€19,585. Equity is growing by ~13.3% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 1.3% (low).

Checked score

Score 2024
Axes · tick = 2023
Profitability50▼-15
Solvency100=
Growth52=
Track record100
Bankruptcy probability, 12 months
1.3% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €35,000 at 30 days acceptable
Liquidity ample (current ratio 34.55 against 42.84 in 2023; short-term debt: 2.5% and cash: 65.9% of total assets), and 21.6% of the assets are financed with debt.
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Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
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 18 years 0 20 y
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 2024
Solvency, return and age of the figures
Solvency
78.4%
Return on assets
-3%
Age of the figures
21 mo
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024
Net result per financial year
18192021222324
2018 to 2024 · latest year -€19,585
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-08-2025, 30 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 filings
Deviation from the deadline
2025
not confirmed
2024
30 d late
2023
31 d late
2022
31 d late
2021
61 d late
2020
30 d late
2019
38 d late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 6 accounts on average 37 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were 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 1 April 2008, EMISYL was incorporated.1 Total assets went from EUR 424,202 in 2018 to EUR 660,924 in 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2024

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Financials · fiscal year 2024, micro schema

Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
-€19,585▼ 84.6%
2023 · -€10,609
Working capital
€546,298▼ 2.8%
2023 · €562,012
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
Line20202021202220232024
Operating result€117,624▲ 5.2%€59,386▼ 49.5%€343,650▲ 479%-€8,010-€16,872▼ 111%
Net result€84,673▲ 11.7%€41,766▼ 50.7%€342,400▲ 720%-€10,609-€19,585▼ 84.6%
Equity€324,085▲ 5.2%€365,850▲ 12.9%€548,500▲ 49.9%€537,891▼ 1.9%€518,306▼ 3.6%
Total assets€493,319▲ 14.4%€460,926▼ 6.6%€716,379▲ 55.4%€690,795▼ 3.6%€660,924▼ 4.3%
Debt€169,235▲ 37.5%€95,076▼ 43.8%€77,879▼ 18.1%€62,904▼ 19.2%€52,618▼ 16.4%
Working capital€189,939▼ 8.8%€227,473▲ 19.8%€585,765▲ 158%€562,012▼ 4.1%€546,298▼ 2.8%
Result per fiscal year
Operating resultNet result
-€100,000€0€100,000€200,000€300,000Operating result 2020: €117,624€117,624Net result 2020: €84,673€84,673Operating result 2021: €59,386€59,386Net result 2021: €41,766€41,766Operating result 2022: €343,650€343,650Net result 2022: €342,400€342,400Operating result 2023: -€8,010-€8,010Net result 2023: -€10,609-€10,609Operating result 2024: -€16,872-€16,872Net result 2024: -€19,585-€19,58520202021202220232024-€100,000€0€100,000€200,000€300,000Operating result 2022: €343,650€344,000Net result 2022: €342,400€342,000Operating result 2023: -€8,010-€8,010Net result 2023: -€10,609-€10,600Operating result 2024: -€16,872-€16,900Net result 2024: -€19,585-€19,600202220232024
The operating result stays negative: a loss of €16,872 in 2024 against €8,010 in 2023; the loss grows and 2024 has the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €660,924
Fixed assets €98,341 ▼ 14.7%
Current assets €562,583 ▼ 2.2%
Equity and liabilities €660,924
Equity €518,306 ▼ 3.6%
Provisions €90,000 =
Debt €52,618 ▼ 16.4%
Debt's share of the balance-sheet total falls from 9.1% to 8.0%. Equity and debt are lower.
Key figures and ratios
2024 value · change against 2023
EBITDA
€11,327▼
2023 · €15,104
Cash flow
€8,614▼
2023 · €12,506
Current ratio
34.55▼
2023 · 42.84
Debt to equity
0.10▼
2023 · 0.12
ROE
-3.8%▼
2023 · -2.0%
ROA
-3.0%▼
2023 · -1.5%
Interest coverage
4.17▼
2023 · 5.81
Debt ≤ 1 year
€16,285▲
2023 · €13,434
Debt > 1 year
€35,350▼
2023 · €49,406
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 2,688 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 94% are still going.

  • Small
  • 10 to 20 years old
  • solvency 30% or more
  • a small loss
0.5% went bankrupt
5.4% stopped otherwise
94% still going

A further 0.4% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 1.3% 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 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
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% 1.7%
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 75% 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 2,688 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 · 2024 against 2023 · 39 lines
Balance sheet Code20232024
Assets
Total assets20/58€690,795€660,924▼
Fixed assets21/28€115,349€98,341▼
Tangible fixed assets22/27€115,289€98,281▼
Land and buildings22€86,981€65,031▼
Furniture and vehicles24€28,308€33,249▲
Financial fixed assets28€60€60=
Current assets29/58€575,446€562,583▼
Amounts receivable within one year40/41€115,189€125,129▲
Other amounts receivable41€115,189€125,129▲
Cash at bank and in hand54/58€459,122€435,683▼
Deferred charges and accrued income490/1€1,135€1,771▲
Equity and liabilities
Total equity and liabilities10/49€690,795€660,924▼
Equity10/15€537,891€518,306▼
Contributions10/11€12,400€12,400=
Reserves13€553,700€553,700=
Tax-exempt reserves132€270,000€270,000=
Distributable reserves133€283,700€283,700=
Profit (loss) carried forward14-€28,209-€47,794▼
Provisions and deferred taxes16€90,000€90,000=
Deferred taxes168€90,000€90,000=
Amounts payable17/49€62,904€52,618▼
Amounts payable after more than one year17€49,406€35,350▼
Financial debts170/4€49,406€35,350▼
Amounts payable within one year42/48€13,434€16,285▲
Current portion of amounts payable after more than one year42€13,434€14,056▲
Trade debts44-€2,229
Suppliers440/4-€2,229
Accrued charges and deferred income492/3€64€982▲
Income statement Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€23,114€28,199▲
Other operating charges640/8€480€705▲
Gross operating margin9900€15,584€12,032▼
Operating profit (loss)9901-€8,010-€16,872▼
Financial charges65/66B€2,598€2,713▲
Recurring financial charges65€2,598€2,713▲
Profit (loss) for the period before taxes9903-€10,609-€19,585▼
Profit (loss) for the period9904-€10,609-€19,585▼
Profit (loss) for the period to be appropriated9905-€10,609-€19,585▼
Appropriation of the result
Profit (loss) to be appropriated9906-€28,209-€47,794▼
Profit (loss) brought forward from the previous period14P-€17,600-€28,209▼

The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20202021202220232024Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€32,609€49,879€23,172€23,114€28,199▲ 22.0%
Other operating charges640/8-€2,047€7,670€480€705▲ 46.7%
Gross operating margin9900€153,084€111,311€374,491€15,584€12,032▼ 22.8%
Operating profit (loss)9901€117,624€59,386€343,650-€8,010-€16,872▼ 111%
Financial income75/76B-€3,439€410---
Recurring financial income75€4,155€3,439€0---
Non-recurring financial income76B--€410---
Financial charges65/66B-€2,352€1,570€2,598€2,713▲ 4.4%
Recurring financial charges65€2,649€2,352€1,570€2,598€2,713▲ 4.4%
Profit (loss) for the period before taxes9903€119,130€60,473€342,489-€10,609-€19,585▼ 84.6%
Income taxes67/77€34,457€18,707€90---
Profit (loss) for the period9904€84,673€41,766€342,400-€10,609-€19,585▼ 84.6%
Transfer to tax-exempt reserves689--€360,000---
Profit (loss) for the period to be appropriated9905€85,415€41,766-€17,600-€10,609-€19,585▼ 84.6%
Line20202021202220232024Change
Assets
Total assets20/58€493,319€460,926€716,379€690,795€660,924▼ 4.3%
Fixed assets21/28€223,687€214,403€115,016€115,349€98,341▼ 14.7%
Tangible fixed assets22/27€223,627€214,343€114,956€115,289€98,281▼ 14.8%
Land and buildings22-€132,478€109,306€86,981€65,031▼ 25.2%
Plant, machinery and equipment23-€40,210----
Furniture and vehicles24-€41,655€5,650€28,308€33,249▲ 17.5%
Financial fixed assets28€60€60€60€60€60=
Current assets29/58€269,632€246,523€601,363€575,446€562,583▼ 2.2%
Amounts receivable within one year40/41€9,460€119,098€478,533€115,189€125,129▲ 8.6%
Trade receivables40-€6,333----
Other amounts receivable41-€112,765€478,533€115,189€125,129▲ 8.6%
Cash at bank and in hand54/58€171,264€47,795€122,830€459,122€435,683▼ 5.1%
Deferred charges and accrued income490/1-€79,630-€1,135€1,771▲ 56.0%
Equity and liabilities
Total equity and liabilities10/49€493,319€460,926€716,379€690,795€660,924▼ 4.3%
Equity10/15€324,085€365,850€548,500€537,891€518,306▼ 3.6%
Contributions10/11-€12,400€12,400€12,400€12,400=
Reserves13€310,423€351,423€553,700€553,700€553,700=
Tax-exempt reserves132--€270,000€270,000€270,000=
Distributable reserves133-€351,423€283,700€283,700€283,700=
Profit (loss) carried forward14€1,261€2,027-€17,600-€28,209-€47,794▼ 69.4%
Provisions and deferred taxes16--€90,000€90,000€90,000=
Deferred taxes168--€90,000€90,000€90,000=
Amounts payable17/49€169,235€95,076€77,879€62,904€52,618▼ 16.4%
Amounts payable after more than one year17€89,541€76,025€62,282€49,406€35,350▼ 28.5%
Financial debts170/4-€76,025€62,282€49,406€35,350▼ 28.5%
Amounts payable within one year42/48€79,693€19,050€15,598€13,434€16,285▲ 21.2%
Current portion of amounts payable after more than one year42-€13,516€13,744€13,434€14,056▲ 4.6%
Trade debts44€54,278€5,534€1,764-€2,229-
Suppliers440/4-€5,534€1,764-€2,229-
Taxes, remuneration and social security45--€90---
Taxes450/3--€90---
Accrued charges and deferred income492/3---€64€982▲ 1,445%
Line20202021202220232024Change
Profit (loss) for the period9904€84,673€41,766€342,400-€10,609-€19,585▼ 84.6%
+ Depreciation and write-downs630€32,609€49,879€23,172€23,114€28,199▲ 22.0%
Operating cash flow (approximation)€117,281€91,644€365,572€12,506€8,614▼ 31.1%
Investment in fixed assets (approximation)--€40,594€76,215-€23,447-€11,190▲ 52.3%
Change in cash--€123,469€75,035€336,292-€23,439▼ 107%

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

Timeline · acts, filings and financial milestones

2025
30-08
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 30 days late
2024
31-12
Financial Weakest financial yearnet -€19,585
Net result drops to -€19,585, the lowest in the series.
31-08
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 31 days late
2023
31-08
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
31-12
Financial Highest result since 2018net €342,400 ▲720%
Operating result €343,650, net result €342,400, both a record.
31-12
Financial Liquidity triplescurrent ratio 38.55
Current ratio from 12.94 to 38.55; short-term debt falls from €19,050 to €15,598.
31-12
Financial Equity above €500,000Eq €548,500 ▲49.9%
5 profitable years in a row build equity to €548,500.
30-09
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 61 days late
2021
31-12
Financial Liquidity quadruplescurrent ratio 12.94
Current ratio from 3.38 to 12.94; short-term debt falls from €79,693 to €19,050.
30-08
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
2020
07-09
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 38 days late
2019
31-12
Financial Liquidity quadruplescurrent ratio 11.30
Current ratio from 2.82 to 11.30; short-term debt falls from €76,041 to €20,219.
Show earlier events
30-08
NBB filing Annual accounts filed
fiscal year 2018 · full schema · 30 days late
2018
29-08
NBB filing Annual accounts filed
fiscal year 2017 · full schema · 29 days late
2017
30-08
NBB filing Annual accounts filed
fiscal year 2016 · full schema · 30 days late
2016
24-08
NBB filing Annual accounts filed
fiscal year 2015 · full schema · 24 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts

We know of 4 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
4 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, Ham-sur-Heure-Nalinnes · 1 establishment unit since 2008
seat establishment The establishment unit on the map
Ground area
2,234 m²
Building footprint
70 m²
Volume, LiDAR
668 m³
Parcel 56037A0122/00C000, Wallonia · tallest building 10.6 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Rue Désiré Thomas(JAM) 7, 6120 Ham-sur-Heure-Nalinnes
Other financial services
since 20082.330.364.721
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
56037A0122/00C000 Wallonia 2,234 m² 1 · 70 m² 10.6 m · 3 fl.
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.

Recognitions · licences · registrations

Legal Entity Identifier

549300RFA4ST66SO5H35
no longer live in the LEI register

Identification & contact

Identification
Legal formPrivate limited company
Founded01-04-2008
Fiscal year end31-12
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

What can you do?

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Register as of 27 September 2026 · Peppol Directory

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