EMIXAM
Bankruptcy closedInactive since 28-04-2026; last annual accounts for fiscal year 2021.
Summary
EMIXAM was declared bankrupt on 31-05-2022 (Ondernemingsrechtbank Brussel); the bankruptcy was closed by liquidation by judgment of 21-04-2026, published in the Belgian State Gazette on 05-05-2026.
Signals
1 signal.
+raises risk
Checked, nothing found (1)
History
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Financials · fiscal year 2021, abbreviated schema
Equity
€28,815▼ 61.0%
2020 · €73,967
Total assets
€877,052▲ 49.5%
2020 · €586,761
Net result
-€45,152
2020 · €7,267
Working capital
€6,642▼ 96.9%
2020 · €212,793
Trend over the years
In euros
In euros
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line201920202021
Operating result€41,183-€59,967▲ 45.6%-€38,574
Net result€17,782-€7,267▼ 59.1%-€45,152
Equity€66,700-€73,967▲ 10.9%€28,815▼ 61.0%
Total assets€552,709-€586,761▲ 6.2%€877,052▲ 49.5%
Debt€486,009-€512,794▲ 5.5%€848,236▲ 65.4%
Working capital€189,173-€212,793▲ 12.5%€6,642▼ 96.9%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2021: a loss of €38,574 after €59,967 in 2020, the lowest result in the available series.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €877,052
Fixed assets
€22,173 ▼ 28.9%
Current assets
€854,879 ▲ 53.9%
Equity and liabilities €877,052
Equity
€28,815 ▼ 61.0%
Debt
€848,236 ▲ 65.4%
Debt's share of the balance-sheet total rises from 87.4% to 96.7%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
-€28,970▼
2020 · €69,124
Cash flow
-€35,548▼
2020 · €16,423
Current ratio
1.01▼
2020 · 1.62
Debt to equity
29.44▲
2020 · 2.30
ROE
-156.7%▼
2020 · 9.8%
ROA
-5.1%▼
2020 · 1.2%
Interest coverage
-9.77
Debt ≤ 1 year
€848,236▲
2020 · €342,794
Income taxes
€4,099▼
2020 · €7,621
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|
| Non-recurring operating income76A | - | - | €252,644 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €30,088 | €9,157 | €9,603 | ▲ 4.9% |
| Other operating charges640/8 | - | - | €13,751 | - |
| Non-recurring operating charges66A | - | - | €10,150 | - |
| Gross operating margin9900 | €74,027 | €70,941 | -€5,070 | ▼ 107% |
| Operating profit (loss)9901 | €41,183 | €59,967 | -€38,574 | ▼ 164% |
| Financial income75/76B | - | - | €485 | - |
| Recurring financial income75 | €1,166 | €2,263 | €485 | ▼ 78.6% |
| Financial charges65/66B | - | - | €2,964 | - |
| Recurring financial charges65 | €12,893 | €47,344 | €2,964 | ▼ 93.7% |
| Profit (loss) for the period before taxes9903 | €29,455 | €14,887 | -€41,052 | ▼ 376% |
| Income taxes67/77 | €11,673 | €7,621 | €4,099 | ▼ 46.2% |
| Profit (loss) for the period9904 | €17,782 | €7,267 | -€45,152 | ▼ 721% |
| Profit (loss) for the period to be appropriated9905 | €17,782 | €7,267 | -€45,152 | ▼ 721% |
| Line | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €552,709 | €586,761 | €877,052 | ▲ 49.5% |
| Fixed assets21/28 | €3,404 | €31,174 | €22,173 | ▼ 28.9% |
| Tangible fixed assets22/27 | €3,029 | €31,174 | €19,173 | ▼ 38.5% |
| Plant, machinery and equipment23 | - | - | €2,253 | - |
| Furniture and vehicles24 | - | - | €194 | - |
| Leasing and similar rights25 | - | - | €16,726 | - |
| Financial fixed assets28 | €375 | - | €3,000 | - |
| Current assets29/58 | €549,306 | €555,587 | €854,879 | ▲ 53.9% |
| Stocks and contracts in progress3 | €159,650 | €269,799 | - | - |
| Amounts receivable within one year40/41 | €373,674 | €275,330 | €625,386 | ▲ 127% |
| Trade receivables40 | - | - | €539,971 | - |
| Other amounts receivable41 | - | - | €85,415 | - |
| Cash at bank and in hand54/58 | €9,050 | €10,459 | €156,943 | ▲ 1,401% |
| Deferred charges and accrued income490/1 | - | - | €72,550 | - |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €552,709 | €586,761 | €877,052 | ▲ 49.5% |
| Equity10/15 | €66,700 | €73,967 | €28,815 | ▼ 61.0% |
| Contributions10/11 | €18,550 | €18,550 | €18,550 | = |
| Reserves13 | €48,150 | €55,417 | €10,265 | ▼ 81.5% |
| Non-distributable reserves130/1 | - | - | €1,855 | - |
| Reserves not available under the articles1311 | - | - | €1,855 | - |
| Distributable reserves133 | - | - | €8,410 | - |
| Amounts payable17/49 | €486,009 | €512,794 | €848,236 | ▲ 65.4% |
| Amounts payable after more than one year17 | €125,876 | €170,000 | - | - |
| Amounts payable within one year42/48 | €360,133 | €342,794 | €848,236 | ▲ 147% |
| Financial debts43 | - | - | €209 | - |
| Credit institutions430/8 | - | - | €209 | - |
| Trade debts44 | €189,142 | €158,412 | €591,597 | ▲ 273% |
| Suppliers440/4 | - | - | €591,597 | - |
| Taxes, remuneration and social security45 | - | - | €26,622 | - |
| Taxes450/3 | - | - | €20,072 | - |
| Remuneration and social security454/9 | - | - | €6,550 | - |
| Other amounts payable47/48 | - | - | €229,808 | - |
| Line | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €17,782 | €7,267 | -€45,152 | ▼ 721% |
| + Depreciation and write-downs630 | €30,088 | €9,157 | €9,603 | ▲ 4.9% |
| Operating cash flow (approximation) | €47,870 | €16,423 | -€35,548 | ▼ 316% |
| Investment in fixed assets (approximation) | - | -€36,927 | -€602 | ▲ 98.4% |
| Change in cash | - | €1,408 | €146,484 | ▲ 10,300% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2026
05-05
Bankruptcy
Bankruptcy closure (by liquidation)
Ondernemingsrechtbank Brussel · event 21-04-2026
2022
09-06
Bankruptcy
Opening
Ondernemingsrechtbank Brussel · event 31-05-2022
10-05
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 99 days late
2021
30-06
Financial
Weakest financial yearnet -€45,152
Net result drops to -€45,152, the lowest in the series.
22-01
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
28-02
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 28 days late
2019
30-01
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
07-12
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2016
21-12
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2015
17-12
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
22-01
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema
2013
25-09
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema
2012
27-09
NBB filing
Annual accounts filed
fiscal year 2012 · abbreviated schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 9 acts read
About the unread acts
We know of 9 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
9 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, Elsene
Ground area
3,724 m²
Building footprint
1,306 m²
Volume, LiDAR
98,133 m³
Parcel 21009A0769/00S002, Brussels · tallest building 99.0 m, ±27 floors. Linked by address, not a title deed.
406
companies at this address
See who is registered here
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21009A0769/00S002 | Brussels | 3,724 m² | 1 · 1,306 m² | 99.0 m · 27 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.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | Stijn VANSCHOUBROEK KEIZER KARELLAAN 586
BUS 9, 1082 SINT-AGATHA-BERCHEM |
31-05-2022 → 21-04-2026 |
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded04-03-2002
Fiscal year end30-06
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.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.