EMKA
ActiveSummary
The computed 12-month bankruptcy probability of EMKA is 15.3% (high). The 2020 annual accounts show negative equity (-€215,943) and a net result of -€11,238. The company has been active since 1993 and the Belgian State Gazette contains no insolvency signals. The CBE does carry 1 administrative register entry (see administrative flags).
Checked score
No current score
Figures too old
The available figures for FY 2020 are too old to assess current financial health.
Bankruptcy probability: High
Filing: Five or more filing cycles are missing. This points to a standstill, not an imminent failure.
Axes, FY 2020 · tick = 2019
Profitability0=
Solvency0=
Growth38
Track record92
Bankruptcy probability, 12 months
15.3%
High
0%0.5%1.5%4%10%≥ 25%
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Signals
Nine signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 2020Solvency, return and age of the figures
Solvency
-716.3%
Return on assets
-37.3%
Age of the figures
69 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
neutral · No filing for years
The last filed financial year closed on 31-12-2020. Since then, 5 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 10 filingsPosition against the passed deadline
31-12-2021 close31-07-2022 deadline29-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2020 was due by 31-07-2021 and was filed on 27-10-2021, 88 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 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
88 d late
2019
111 d late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 2 accounts on average 100 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publicationsPublications
Late accounts filing
History
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Financials · fiscal year 2020, micro schema
Turnover
€83,799▼ 47.2%
2019 · €158,811
EBIT margin
-13.1%▲ 6.0pp
2019 · -19.1%
Net result
-€11,238▲ 70.4%
2019 · -€37,916
Working capital
-€139,869▼ 7.3%
2019 · -€130,375
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
Line20192020
Turnover€158,811-€83,799▼ 47.2%
Operating result-€30,283--€10,969▲ 63.8%
Net result-€37,916--€11,238▲ 70.4%
EBIT margin-19.1%--13.1%▲ 6.0pp
Equity-€204,706--€215,943▼ 5.5%
Total assets€57,648-€30,145▼ 47.7%
Debt€262,354-€246,089▼ 6.2%
Working capital-€130,375--€139,869▼ 7.3%
Staff (FTE)2-0.4▼ 80.0%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €10,969 in 2020 against €30,283 in 2019; the loss shrinks.
Balance-sheet composition
2020 in colour, 2019 as the grey bar beneath
Assets €30,145
Fixed assets
€9,000 ▼ 16.2%
Current assets
€21,145 ▼ 54.9%
Key figures and ratios
EBITDA
-€9,225▲
2019 · -€25,547
Cash flow
-€9,494▲
2019 · -€33,181
Solvency
-716.3%▼
2019 · -355.1%
Current ratio
0.13▼
2019 · 0.26
Debt to equity
-0.39▲
2019 · -0.42
ROA
-37.3%▲
2019 · -65.8%
Debt ≤ 1 year
€161,014▼
2019 · €177,279
Debt > 1 year
€85,075=
2019 · €85,075
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2019 | 2020 | Change |
|---|---|---|---|
| Turnover70 | €158,811 | €83,799 | ▼ 47.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €4,735 | €1,744 | ▼ 63.2% |
| Gross operating margin9900 | €26,483 | -€962 | ▼ 104% |
| Operating profit (loss)9901 | -€30,283 | -€10,969 | ▲ 63.8% |
| Recurring financial charges65 | €155 | €269 | ▲ 73.8% |
| Profit (loss) for the period before taxes9903 | -€30,438 | -€11,238 | ▲ 63.1% |
| Income taxes67/77 | €7,478 | - | - |
| Profit (loss) for the period9904 | -€37,916 | -€11,238 | ▲ 70.4% |
| Profit (loss) for the period to be appropriated9905 | -€37,916 | -€11,238 | ▲ 70.4% |
| Line | 2019 | 2020 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €57,648 | €30,145 | ▼ 47.7% |
| Fixed assets21/28 | €10,744 | €9,000 | ▼ 16.2% |
| Tangible fixed assets22/27 | €1,744 | - | - |
| Financial fixed assets28 | €9,000 | €9,000 | = |
| Current assets29/58 | €46,905 | €21,145 | ▼ 54.9% |
| Stocks and contracts in progress3 | €45,461 | - | - |
| Amounts receivable within one year40/41 | €669 | €21,000 | ▲ 3,037% |
| Cash at bank and in hand54/58 | - | €145 | - |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €57,648 | €30,145 | ▼ 47.7% |
| Equity10/15 | -€204,706 | -€215,943 | ▼ 5.5% |
| Contributions10/11 | €18,592 | €18,592 | = |
| Reserves13 | €1,860 | €1,860 | = |
| Profit (loss) carried forward14 | -€225,158 | -€236,395 | ▼ 5.0% |
| Amounts payable17/49 | €262,354 | €246,089 | ▼ 6.2% |
| Amounts payable after more than one year17 | €85,075 | €85,075 | = |
| Amounts payable within one year42/48 | €177,279 | €161,014 | ▼ 9.2% |
| Trade debts44 | €21,867 | - | - |
| Line | 2019 | 2020 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | -€37,916 | -€11,238 | ▲ 70.4% |
| + Depreciation and write-downs630 | €4,735 | €1,744 | ▼ 63.2% |
| Operating cash flow (approximation) | -€33,181 | -€9,494 | ▲ 71.4% |
| Investment in fixed assets (approximation) | - | €0 | - |
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
2025
08-09
KBO administration
Late accounts filing
2021
27-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 88 days late
2020
19-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 111 days late
2018
29-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 29 days late
19-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 323 days late
2016
30-09
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 61 days late
2015
30-09
NBB filing
Annual accounts filed
fiscal year 2014 · full schema · 61 days late
2013
13-12
NBB filing
Annual accounts filed
fiscal year 2012 · full schema · 135 days late
2011
29-08
NBB filing
Annual accounts filed
fiscal year 2010 · full schema · 29 days late
2010
23-08
NBB filing
Annual accounts filed
fiscal year 2009 · full schema · 23 days late
2009
05-08
NBB filing
Annual accounts filed
fiscal year 2008 · full schema · 5 days late
SignalNBB filing
0 of 5 acts read
About the unread acts
We know of 5 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
5 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, Jette
Ground area
219 m²
Building footprint
220 m²
Volume, LiDAR
1,605 m³
Parcel 21463D0283/00P051, Brussels · tallest building 15.0 m, ±2 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21463D0283/00P051 | Brussels | 219 m² | 1 · 220 m² | 15.0 m · 2 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.
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded24-09-1993
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
If you follow this company, Checked tells you the day it appears in the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.