EMKA
The computed 12-month bankruptcy probability of EMKA is 15.4% (high). The 2020 annual accounts show negative equity (€-216k) and a net result of €-236k. 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).
| Equity | €-216k |
| Net result | €-236k |
| Staff (FTE) | 0.4 |
| Active | 32 yrs |
Fragile profile, watch health in particular.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
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See plans →| Fiscal year | 2020 |
|---|---|
| Revenue | €84k |
| EBITDA | €-9k |
| Net profit | €-236k |
| Cash flow | €-235k |
| Staff costs | - |
| Income taxes | - |
| Dividends | - |
| Total assets | €30k |
| Equity | €-216k |
| Debt | €246k |
| of which ≤ 1y | €161k |
| of which > 1y | €85k |
| Working capital | €-140k |
| Employees (FTE) | 0.4 |
| 2020 | |
|---|---|
| Current ratio | 0.13 |
| Quick ratio | 0.13 |
| Working capital ratio | -464.0% |
| Solvency | -716.3% |
| Debt / equity | -0.39 |
| Long-term debt ratio | -0.39 |
| Interest coverage | - |
| Gross margin | - |
| Net margin | -282.1% |
| ROA | -784.2% |
| ROE | 109.5% |
| EBITDA margin | -11.0% |
| Days sales outstanding | 91d |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2020 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €30k |
| Fixed assets | 21/28 | €9k |
| Financial fixed assets | 28 | €9k |
| Current assets | 29/58 | €21k |
| Amounts receivable within one year | 40/41 | €21k |
| Cash & bank | 54/58 | €145 |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €30k |
| Equity | 10/15 | €-216k |
| Contributions / capital | 10/11 | €19k |
| Reserves | 13 | €2k |
| Accumulated profits (losses) | 14 | €-236k |
| Amounts payable | 17/49 | €246k |
| Amounts payable after one year | 17 | €85k |
| Amounts payable within one year | 42/48 | €161k |
| Income statement | ||
| Turnover | 70 | €84k |
| Gross operating margin | 9900 | €-962 |
| Operating result | 9901 | €-11k |
| Financial charges | 65 | €269 |
| Result before taxes | 9903 | €-11k |
| Net result for the period | 9904 | €-11k |
| Result to be appropriated | 9905 | €-11k |
| NACE primary | - |
| Legal form | Private limited company (pre-2019)(015) |
| Incorporation | 24-09-1993 |
| Status | Active |
| Postal code | 1090 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21463D0283/00P051 | Brussels | 219 m² | 1 · 220 m² | 15.0 m · 2 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
08-08-2024 Kocygit Musa resigns as director
- Kocygit Musa, Bestuurder
Technical details
{
"events": [
{
"kind": "director_out",
"role": "administrateur",
"person": {
"rrn": null,
"name": "Kocygit Musa",
"address": null,
"birth_date": null,
"profession": null,
"birth_place": null
},
"reason": "de_plein_droit_dissolution",
"subkind": null,
"via_org": null,
"statutory": null,
"compensated": null,
"effective_date": "2024-07-31",
"evidence_quote": "Monsieur Kocygit Musa d\u00E9missionne de son mandat d\u0027administrateur \u00E0 compter du 31 juillet 2024. L\u0027assembl\u00E9e accepte sa d\u00E9mission et lui accorde une d\u00E9charge pour l\u0027exercice de son mandat \u00E9coul\u00E9.",
"decharge_status": "granted",
"mandate_duration": null,
"rep_rotation_new_rep": null,
"rep_rotation_old_rep": null,
"effective_date_qualifier": "immediate"
}
],
"notary": {
"name": null,
"firm_city": null,
"firm_name": null,
"office_city": null,
"is_associated": false
},
"act_meta": {
"language": "fr",
"pub_date": "2024-08-08",
"filing_date": "2024-07-31",
"act_kind_objet": "Objet de l\u0027acte:"
},
"decisions": [
{
"body": "algemene_vergadering",
"date": "2024-07-25",
"unanimous": true
}
],
"is_correction": false,
"subject_company": {
"kbo": "0450.922.514",
"name_full": "EMKA",
"legal_form": "SRL"
},
"publication_proxy": {
"kind": "person",
"org_kbo": null,
"org_name": null,
"person_name": "KOCYGIT Abdulkadir",
"org_rep_person_name": null,
"person_role_at_subject": "Administratreur"
},
"co_filed_documents": [],
"corrected_publication_numac": null
}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameFR | EMKA |
- 08-09-2025 Late accounts filing