EMIXEM
ActiveSummary
EMIXEM has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €139,797 and a net result of €14,578. Equity is growing by ~13.3% per year across the filed fiscal years. Its solvency ranks better than 38% of 31958 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability49▲+49
Solvency66▲+2
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €9,000 at 30 days acceptable
Liquidity ample (current ratio 2.52 against 2.61 in 2024; short-term debt: 30.2% and cash: 13.5% of total assets), but 58.7% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 12-09-2025, 49 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
49 d early
2024
44 d early
2023
26 d early
2022
7 d late
2021
3 d early
2020
5 d early
2019
48 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 24 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today. Usually files around 5 October (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
31-03-2026 close29-09-2026 today31-10-2026 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€139,797▲ 11.6%
2024 · €125,219
Total assets
€338,731▲ 4.4%
2024 · €324,422
Net result
€14,578
2024 · -€97,243
Working capital
€155,134▲ 9.8%
2024 · €141,269
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy 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
Line20212022202320242025
Operating result-€13,103€28,488€225,293▲ 691%-€90,351€26,669
Net result-€17,601below the sector's middle half€18,162within the sector's middle half€192,072above the sector's middle half▲ 958%-€97,243below the sector's middle half€14,578within the sector's middle half
Equity€55,065within the sector's middle half▼ 26.5%€71,161within the sector's middle half▲ 29.2%€222,462within the sector's middle half▲ 213%€125,219within the sector's middle half▼ 43.7%€139,797within the sector's middle half▲ 11.6%
Total assets€385,764within the sector's middle half▼ 1.3%€387,394within the sector's middle half▲ 0.4%€361,954within the sector's middle half▼ 6.6%€324,422within the sector's middle half▼ 10.4%€338,731within the sector's middle half▲ 4.4%
Debt€330,699▲ 4.7%€316,234▼ 4.4%€89,884▼ 71.6%€149,595▲ 66.4%€149,326▼ 0.2%
Working capital€1,823within the sector's middle half▼ 91.3%€13,319within the sector's middle half▲ 630%€182,080above the sector's middle half▲ 1,267%€141,269above the sector's middle half▼ 22.4%€155,134above the sector's middle half▲ 9.8%
Solvency14.3%below the sector's middle half▼ 4.9pp18.4%below the sector's middle half▲ 4.1pp61.5%within the sector's middle half▲ 43.1pp38.6%within the sector's middle half▼ 22.9pp41.3%within the sector's middle half▲ 2.7pp
Current ratio1.02within the sector's middle half▼ 0.211.11within the sector's middle half▲ 0.103.03within the sector's middle half▲ 1.912.61within the sector's middle half▼ 0.412.52within the sector's middle half▼ 0.10
Return on assets (ROA)-4.6%below the sector's middle half▼ 5.3pp4.7%within the sector's middle half▲ 9.3pp53.1%above the sector's middle half▲ 48.4pp-30.0%below the sector's middle half▼ 83.0pp4.3%within the sector's middle half▲ 34.3pp
Staff (FTE)1.6▲ 60.0%1.4▼ 12.5%1▼ 28.6%
above
within
below
the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy 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
The operating result returns to profit in 2025: €26,669 after a loss of €90,351 in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €338,731
Fixed assets
€81,447 ▼ 14.9%
Current assets
€257,285 ▲ 12.5%
Equity and liabilities €338,731
Equity
€139,797 ▲ 11.6%
Provisions
€49,608 =
Debt
€149,326 ▼ 0.2%
Debt's share of the balance-sheet total falls from 46.1% to 44.1%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€41,881▲
2024 · -€77,428
Cash flow
€29,790▲
2024 · -€84,320
Quick ratio
1.87▲
2024 · 1.86
Debt to equity
1.07▼
2024 · 1.19
ROE
10.4%▲
2024 · -77.7%
Interest coverage
2.97▲
2024 · -9.08
Debt ≤ 1 year
€102,151▲
2024 · €87,484
Debt > 1 year
€47,175▼
2024 · €62,111
Income taxes
€552▲
2024 · €411
Staff costs
€326▼
2024 · €10,304
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 5,048 companies that looked in July 2024 the way this one looks now, 2.2% went bankrupt within 24 months and 94% are still going.
- Micro
- 5 to 10 years old
- solvency 30% or more
- a profit under 5% of the balance sheet
2.2%
went bankrupt
3.8%
stopped otherwise
94%
still going
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: 0.3% 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 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.9% |
| 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% 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 5,048 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
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €82,427 | €66,510 | €10,304 | €326 | ▼ 96.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €26,371 | €27,294 | €8,918 | €12,923 | €15,212 | ▲ 17.7% |
| Other operating charges640/8 | - | €4,523 | €2,408 | €1,673 | €7,483 | ▲ 347% |
| Gross operating margin9900 | €106,946 | €142,731 | €303,130 | -€65,451 | €49,689 | ▲ 176% |
| Operating profit (loss)9901 | -€13,103 | €28,488 | €225,293 | -€90,351 | €26,669 | ▲ 130% |
| Financial income75/76B | - | €2,088 | €24,095 | €2,048 | €2,560 | ▲ 25.0% |
| Recurring financial income75 | €2,255 | €2,088 | €24,095 | €2,048 | €2,560 | ▲ 25.0% |
| Financial charges65/66B | - | €8,337 | €7,134 | €8,529 | €14,100 | ▲ 65.3% |
| Recurring financial charges65 | €5,945 | €8,337 | €7,134 | €8,529 | €14,100 | ▲ 65.3% |
| Profit (loss) for the period before taxes9903 | -€16,793 | €22,238 | €242,254 | -€96,832 | €15,130 | ▲ 116% |
| Transfer to deferred taxes680 | - | - | €49,608 | - | - | - |
| Income taxes67/77 | €808 | €4,076 | €574 | €411 | €552 | ▲ 34.2% |
| Profit (loss) for the period9904 | -€17,601 | €18,162 | €192,072 | -€97,243 | €14,578 | ▲ 115% |
| Transfer to tax-exempt reserves689 | - | - | €198,434 | - | - | - |
| Profit (loss) for the period to be appropriated9905 | -€17,601 | €18,162 | -€6,362 | -€97,243 | €14,578 | ▲ 115% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €385,764 | €387,394 | €361,954 | €324,422 | €338,731 | ▲ 4.4% |
| Fixed assets21/28 | €272,117 | €257,557 | €89,990 | €95,669 | €81,447 | ▼ 14.9% |
| Tangible fixed assets22/27 | €271,754 | €257,194 | €89,627 | €95,669 | €81,447 | ▼ 14.9% |
| Land and buildings22 | - | €239,309 | €11,142 | €11,654 | €7,692 | ▼ 34.0% |
| Plant, machinery and equipment23 | - | €4,396 | €4,616 | €2,923 | €1,700 | ▼ 41.8% |
| Furniture and vehicles24 | - | €13,488 | €23,918 | €16,852 | €10,744 | ▼ 36.2% |
| Other tangible fixed assets26 | - | - | €49,950 | €64,240 | €61,310 | ▼ 4.6% |
| Financial fixed assets28 | €363 | €363 | €363 | - | - | - |
| Current assets29/58 | €113,646 | €129,838 | €271,964 | €228,753 | €257,285 | ▲ 12.5% |
| Amounts receivable after more than one year29 | - | €4,022 | €39,056 | €62,182 | €80,743 | ▲ 29.8% |
| Other amounts receivable291 | - | €4,022 | €39,056 | €62,182 | €80,743 | ▲ 29.8% |
| Stocks and contracts in progress3 | €62,105 | €66,105 | €66,105 | €66,105 | €66,105 | = |
| Stocks30/36 | - | €66,105 | €66,105 | €66,105 | €66,105 | = |
| Amounts receivable within one year40/41 | €26,511 | €20,449 | €66,203 | €50,978 | €50,467 | ▼ 1.0% |
| Trade receivables40 | - | €20,449 | €21,430 | €15,164 | €50,318 | ▲ 232% |
| Other amounts receivable41 | - | - | €44,773 | €35,814 | €148 | ▼ 99.6% |
| Cash at bank and in hand54/58 | €20,335 | €34,690 | €90,790 | €38,489 | €45,631 | ▲ 18.6% |
| Deferred charges and accrued income490/1 | - | €4,572 | €9,810 | €10,999 | €14,339 | ▲ 30.4% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €385,764 | €387,394 | €361,954 | €324,422 | €338,731 | ▲ 4.4% |
| Equity10/15 | €55,065 | €71,161 | €222,462 | €125,219 | €139,797 | ▲ 11.6% |
| Contributions10/11 | - | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Reserves13 | €1,860 | €20,022 | €218,456 | €218,456 | €218,456 | = |
| Non-distributable reserves130/1 | - | €1,860 | - | - | - | - |
| Reserves not available under the articles1311 | - | €1,860 | - | - | - | - |
| Tax-exempt reserves132 | - | - | €198,434 | €198,434 | €198,434 | = |
| Distributable reserves133 | - | €18,162 | €20,022 | €20,022 | €20,022 | = |
| Profit (loss) carried forward14 | €21,368 | €21,368 | -€2,194 | -€99,438 | -€84,859 | ▲ 14.7% |
| Investment grants15 | - | €23,571 | - | - | - | - |
| Provisions and deferred taxes16 | - | - | €49,608 | €49,608 | €49,608 | = |
| Deferred taxes168 | - | - | €49,608 | €49,608 | €49,608 | = |
| Amounts payable17/49 | €330,699 | €316,234 | €89,884 | €149,595 | €149,326 | ▼ 0.2% |
| Amounts payable after more than one year17 | €218,876 | €199,715 | - | €62,111 | €47,175 | ▼ 24.0% |
| Financial debts170/4 | - | €199,715 | - | €62,111 | €47,175 | ▼ 24.0% |
| Amounts payable within one year42/48 | €111,823 | €116,519 | €89,884 | €87,484 | €102,151 | ▲ 16.8% |
| Current portion of amounts payable after more than one year42 | - | €19,161 | - | €16,865 | €16,263 | ▼ 3.6% |
| Trade debts44 | €11,978 | €20,243 | €12,092 | €6,356 | €13,649 | ▲ 115% |
| Suppliers440/4 | - | €20,243 | €12,092 | €6,356 | €13,649 | ▲ 115% |
| Taxes, remuneration and social security45 | - | €25,530 | €25,106 | €8,970 | €13,938 | ▲ 55.4% |
| Taxes450/3 | - | €11,978 | €9,908 | €5,819 | €11,067 | ▲ 90.2% |
| Remuneration and social security454/9 | - | €13,552 | €15,198 | €3,151 | €2,871 | ▼ 8.9% |
| Other amounts payable47/48 | - | €51,585 | €52,686 | €55,293 | €58,301 | ▲ 5.4% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€17,601 | €18,162 | €192,072 | -€97,243 | €14,578 | ▲ 115% |
| + Depreciation and write-downs630 | €26,371 | €27,294 | €8,918 | €12,923 | €15,212 | ▲ 17.7% |
| Operating cash flow (approximation) | €8,770 | €45,456 | €200,990 | -€84,320 | €29,790 | ▲ 135% |
| Investment in fixed assets (approximation) | - | -€12,733 | €158,649 | -€18,603 | -€989 | ▲ 94.7% |
| Change in cash | - | €14,355 | €56,100 | -€52,301 | €7,142 | ▲ 114% |
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
Next filing, fiscal year 2026, expected by
2025
12-09
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
31-03
Financial
Back to profitnet €14,578
Net result €14,578 after one loss-making year.
2024
17-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
31-03
Financial
Weakest financial yearnet -€97,243
Net result drops to -€97,243, the lowest in the series; recovery starts the following year.
2023
05-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
31-03
Financial
Highest result since 2019net €192,072 ▲958%
Operating result €225,293, net result €192,072, both a record.
31-03
Financial
Liquidity triplescurrent ratio 3.03
Current ratio from 1.11 to 3.03; short-term debt falls from €116,519 to €89,884.
31-03
Financial
Equity above €200,000Eq €222,462 ▲213%
2 profitable years in a row build equity to €222,462.
2022
07-11
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 7 days late
31-03
Financial
Back to profitnet €18,162
Net result €18,162 after one loss-making year.
2021
28-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2020
26-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2019
13-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
12-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 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
2 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, Gedinne · 2 establishment units since 2017
Ground area
4,818 m²
Building footprint
806 m²
Volume, LiDAR
2,057 m³
2 parcels, Wallonia · tallest building 10.3 m, ±2 floors. Linked by address, not a title deed.
2 establishment units
EMIXEM
since 20172.260.697.341
EMIXEM
since 20172.261.595.481
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 91039D0178/00T000 | Wallonia | 3,184 m² | 1 · 515 m² | - |
| 91105B0001/00X004 | Wallonia | 1,634 m² | 1 · 291 m² | 10.3 m · 2 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.
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Of 82,646 companies in sector 70200 we hold annual accounts for 52,627. 40,904 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
Founded09-12-2016
Fiscal year end31-03
Activities, NACEBEL 2025
70200Business and other management consultancy
68201Renting and operating of own or leased residential real estate, excluding social housing
E-invoicing
Reachable via Peppol
Peppol ID
0208:0667597055
Also
9925:BE0667597055
Registered
29-09-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.