EMJ
ActiveSummary
The computed 12-month bankruptcy probability of EMJ is 4.1% (elevated). The 2025 annual accounts show equity of €370,132 and a net result of €245,830. The company has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
59
/ 100
Fair
An elevated bankruptcy probability caps the score. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+5
Solvency69▲+22
Growth78
Track record82
Bankruptcy probability, 12 months
4.1%
Elevated
0%0.5%1.5%4%10%≥ 25%
Credit up to €21,000 at 30 days only on tighter terms
Liquidity ample (current ratio 3.24 against 2.28 in 2024; short-term debt: 17.5% and cash: 39% of total assets), but 55.7% of the assets are financed with debt.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
44.3%
Return on assets
29.4%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 25-08-2026, 25 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 · 2 filingsDeviation from the deadline
2025
25 d late
2024
2 d early
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 2 accounts on average 12 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 (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
27-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€370,132▲ 198%
2024 · €124,302
Total assets
€836,350▲ 47.3%
2024 · €567,879
Net result
€245,830▲ 103%
2024 · €121,302
Working capital
€328,347▲ 192%
2024 · €112,470
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
Line20242025
Operating result€174,827-€362,720▲ 107%
Net result€121,302-€245,830▲ 103%
Equity€124,302-€370,132▲ 198%
Total assets€567,879-€836,350▲ 47.3%
Debt€443,577-€466,218▲ 5.1%
Working capital€112,470-€328,347▲ 192%
Turnover and EBIT margin not published: the micro schema does not require them.
Why a figure moved sharply
- 2025 Net result +103%, Equity +198% on 2024. Cause not known from the registers.
Result per fiscal year
Operating resultNet result
The operating result rises in 2025; 2025 is 107% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €836,350
Fixed assets
€361,290 ▼ 1.7%
Current assets
€475,060 ▲ 137%
Equity and liabilities €836,350
Equity
€370,132 ▲ 198%
Debt
€466,218 ▲ 5.1%
Debt's share of the balance-sheet total falls from 78.1% to 55.7%. Equity and debt are higher.
Key figures and ratios
EBITDA
€370,978▲
2024 · €272,034
Cash flow
€254,088▲
2024 · €218,509
Current ratio
3.24▲
2024 · 2.28
Debt to equity
1.26▼
2024 · 3.57
ROE
66.4%▼
2024 · 97.6%
ROA
29.4%▲
2024 · 21.4%
Interest coverage
28.22▼
2024 · 40.58
Debt ≤ 1 year
€146,713▲
2024 · €87,817
Debt > 1 year
€319,505▼
2024 · €355,761
Income taxes
€110,845▲
2024 · €52,162
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €97,207 | €8,258 | ▼ 91.5% |
| Other operating charges640/8 | €2,025 | €539 | ▼ 73.4% |
| Gross operating margin9900 | €274,059 | €371,517 | ▲ 35.6% |
| Operating profit (loss)9901 | €174,827 | €362,720 | ▲ 107% |
| Financial income75/76B | €5,340 | €7,100 | ▲ 33.0% |
| Recurring financial income75 | €5,340 | €7,100 | ▲ 33.0% |
| Financial charges65/66B | €6,703 | €13,145 | ▲ 96.1% |
| Recurring financial charges65 | €6,703 | €13,145 | ▲ 96.1% |
| Profit (loss) for the period before taxes9903 | €173,464 | €356,675 | ▲ 106% |
| Income taxes67/77 | €52,162 | €110,845 | ▲ 113% |
| Profit (loss) for the period9904 | €121,302 | €245,830 | ▲ 103% |
| Profit (loss) for the period to be appropriated9905 | €121,302 | €245,830 | ▲ 103% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €567,879 | €836,350 | ▲ 47.3% |
| Fixed assets21/28 | €367,593 | €361,290 | ▼ 1.7% |
| Tangible fixed assets22/27 | €367,593 | €361,290 | ▼ 1.7% |
| Land and buildings22 | €367,593 | €359,718 | ▼ 2.1% |
| Furniture and vehicles24 | - | €1,571 | - |
| Current assets29/58 | €200,287 | €475,060 | ▲ 137% |
| Amounts receivable within one year40/41 | €93,326 | €147,456 | ▲ 58.0% |
| Other amounts receivable41 | €93,326 | €147,456 | ▲ 58.0% |
| Cash at bank and in hand54/58 | €105,749 | €326,328 | ▲ 209% |
| Deferred charges and accrued income490/1 | €1,212 | €1,276 | ▲ 5.3% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €567,879 | €836,350 | ▲ 47.3% |
| Equity10/15 | €124,302 | €370,132 | ▲ 198% |
| Contributions10/11 | €3,000 | €3,000 | = |
| Reserves13 | €121,302 | €367,132 | ▲ 203% |
| Distributable reserves133 | €121,302 | €367,132 | ▲ 203% |
| Amounts payable17/49 | €443,577 | €466,218 | ▲ 5.1% |
| Amounts payable after more than one year17 | €355,761 | €319,505 | ▼ 10.2% |
| Financial debts170/4 | €355,761 | €319,505 | ▼ 10.2% |
| Amounts payable within one year42/48 | €87,817 | €146,713 | ▲ 67.1% |
| Current portion of amounts payable after more than one year42 | €35,030 | €36,256 | ▲ 3.5% |
| Trade debts44 | €625 | - | - |
| Suppliers440/4 | €625 | - | - |
| Taxes, remuneration and social security45 | €52,162 | €110,457 | ▲ 112% |
| Taxes450/3 | €52,162 | €110,457 | ▲ 112% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €121,302 | €245,830 | ▲ 103% |
| + Depreciation and write-downs630 | €97,207 | €8,258 | ▼ 91.5% |
| Operating cash flow (approximation) | €218,509 | €254,088 | ▲ 16.3% |
| Investment in fixed assets (approximation) | - | -€1,955 | - |
| Change in cash | - | €220,578 | - |
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
2026
25-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 25 days late
2025
31-12
Financial
Equity above €200,000Eq €370,132 ▲198%
2 profitable years in a row build equity to €370,132.
29-07
NBB filing
Annual accounts filed
fiscal year 2024 · 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, Anderlecht · 1 establishment unit since 2024
Ground area
1,981 m²
Building footprint
1,931 m²
Volume, LiDAR
1,377 m³
2 parcels, Brussels · tallest building 12.3 m, ±3 floors. Linked by address, not a title deed.
4
companies at this address
See who is registered here
1 establishment unit
EMJ
since 20242.356.124.258
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21306C0289/00M005 | Brussels | 1,788 m² | 1 · 1,766 m² | 1.9 m |
| 21523B0946/00M014 | Brussels | 193 m² | 1 · 165 m² | 12.3 m · 3 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.
Identification & contact
Identification
Legal formPrivate limited company
Founded14-02-2024
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?
Try sending from your invoicing software; if that fails, ask the customer whether they already receive via Peppol.
If the customer is not ready yet, you may send the invoice another way, for example as a PDF; if electronically, with their agreement on a secure alternative. That invoice is valid; the customer risks a penalty. FPS Finance
Register as of 26 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.