EMLIBA
ActiveSummary
EMLIBA has been active since 2017 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €443,919 and a net result of €93,872. Equity is growing by about 19% per year across the filed financial years. Its solvency ranks better than 95% of 10,777 sector peers (NACE 70, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Overview
- Equity
- €443,919
- Profit
- €93,872
Why 94raises risk2 of the last 3 latelowers riskSector: Activities of head offices; management consultancy activities (NACE 70)Equity €443,919 (97.7% of total assets)Liquidity: current ratio 24.55, cash €68,708Show the evidence
Checked score
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
How it is calculated
The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 70, micro): better than 86% on solvency, 61% on liquidity, 21% on profitability and 50% on growth.
The bankruptcy probability was computed on 29-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
Credit check for your own amount and term
Show the recommended maximum and see how the verdict changes with amount, term and advance.
Signals
This company filed its last 7 accounts on average 66 days after the deadline; the sector median (NACE 70) for financial year 2024 is 9 days before the deadline, and 32% of those companies filed late.
Searched, nothing found (2)
- Annual accounts filedfinancial year 2025 · abbreviated…
- Annual accounts filedfinancial year 2024 · full…
- Annual accounts filedfinancial year 2023 · full…
Financials · financial year 2025, abbreviated format
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result stays negative: a loss of €46,621 in 2025 against €61,537 in 2024; the loss shrinks.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 70, Activities of head offices; management consultancy activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Peer companies
Historical observationOf the 6,782 companies that looked in July 2024 the way this one looks now, 0.6% went bankrupt within 24 months and 96.7% are still going.
- Small
- 5 to 10 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
For this company itself Checked computes a bankruptcy probability of 0.1% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 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% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 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 74.5% 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 6,782 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.
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | - | €1,097 | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €4,265 | €4,994 | €4,590 | €4,405 | €527 | €2,053 | €3,147 | €3,408 | ▲ 8.3% |
| Other operating charges640/8 | - | - | - | €392 | €1,441 | €28 | €611 | €864 | ▲ 41.2% |
| Gross operating margin9900 | -€24,750 | -€45,650 | -€20,926 | -€16,385 | -€33,114 | -€43,175 | -€57,778 | -€42,349 | ▲ 26.7% |
| Operating profit (loss)9901 | -€35,700 | -€51,028 | -€25,807 | -€21,182 | -€35,082 | -€45,255 | -€61,537 | -€46,621 | ▲ 24.2% |
| Financial income75/76B | - | - | - | €68,875 | €145,750 | €103,572 | €170,000 | €151,064 | ▼ 11.1% |
| Recurring financial income75 | €100,014 | €133,265 | €68,875 | €68,875 | €145,750 | €103,572 | €170,000 | €151,064 | ▼ 11.1% |
| Financial charges65/66B | - | - | - | €530 | €1,171 | €1,205 | €1,205 | €1,019 | ▼ 15.4% |
| Recurring financial charges65 | €1,550 | €1,081 | €796 | €530 | €1,171 | €1,205 | €1,205 | €1,019 | ▼ 15.4% |
| Profit (loss) for the period before taxes9903 | €62,765 | €81,156 | €42,272 | €47,163 | €109,497 | €57,112 | €107,258 | €103,424 | ▼ 3.6% |
| Income taxes67/77 | €5,706 | €7,540 | €3,986 | €4,428 | €10,124 | €5,310 | €9,867 | €9,552 | ▼ 3.2% |
| Profit (loss) for the period9904 | €57,059 | €73,616 | €38,285 | €42,736 | €99,373 | €51,801 | €97,391 | €93,872 | ▼ 3.6% |
| Profit (loss) for the period to be appropriated9905 | €57,059 | €73,616 | €38,285 | €42,736 | €99,373 | €51,801 | €97,391 | €93,872 | ▼ 3.6% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €227,545 | €275,724 | €284,522 | €280,185 | €347,565 | €389,376 | €428,785 | €454,311 | ▲ 6.0% |
| Fixed assets21/28 | €195,582 | €204,037 | €200,447 | €196,043 | €193,565 | €197,994 | €200,357 | €199,187 | ▼ 0.6% |
| Tangible fixed assets22/27 | €15,382 | €13,655 | €9,065 | €4,661 | €2,183 | €6,612 | €7,975 | €6,805 | ▼ 14.7% |
| Land and buildings22 | - | - | - | - | - | €4,039 | €3,029 | €2,019 | ▼ 33.3% |
| Furniture and vehicles24 | - | - | - | €3,869 | €1,549 | €2,094 | €4,622 | €4,616 | ▼ 0.1% |
| Other tangible fixed assets26 | - | - | - | €792 | €633 | €479 | €324 | €170 | ▼ 47.7% |
| Financial fixed assets28 | €180,200 | €190,382 | €191,382 | €191,382 | €191,382 | €191,382 | €192,382 | €192,382 | = |
| Current assets29/58 | €31,963 | €71,686 | €84,075 | €84,143 | €154,000 | €191,383 | €228,428 | €255,124 | ▲ 11.7% |
| Amounts receivable within one year40/41 | €226 | €13,786 | €66,227 | €72,935 | €96,561 | €127,821 | €183,008 | €186,416 | ▲ 1.9% |
| Trade receivables40 | - | - | - | - | €4,500 | €10,500 | - | €10,500 | - |
| Other amounts receivable41 | - | - | - | €72,935 | €92,061 | €117,321 | €183,008 | €175,916 | ▼ 3.9% |
| Current investments50/53 | - | - | - | - | - | €50,000 | €25,000 | - | - |
| Cash at bank and in hand54/58 | €31,737 | €11,650 | €17,848 | €11,207 | €57,439 | €13,562 | €20,420 | €68,708 | ▲ 236% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €227,545 | €275,724 | €284,522 | €280,185 | €347,565 | €389,376 | €428,785 | €454,311 | ▲ 6.0% |
| Equity10/15 | €75,659 | €149,275 | €187,560 | €230,296 | €329,669 | €381,470 | €423,663 | €443,919 | ▲ 4.8% |
| Contributions10/11 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Capital10 | - | - | - | €18,600 | - | - | - | - | - |
| Issued capital100 | - | - | - | €18,600 | - | - | - | - | - |
| Reserves13 | €57,059 | €130,675 | €168,960 | €211,696 | €311,069 | €362,870 | €405,063 | €425,319 | ▲ 5.0% |
| Non-distributable reserves130/1 | - | - | - | €1,860 | €1,860 | €1,860 | - | - | - |
| Legal reserve130 | - | - | - | €1,860 | - | - | - | - | - |
| Reserves not available under the articles1311 | - | - | - | - | €1,860 | €1,860 | - | - | - |
| Distributable reserves133 | - | - | - | €209,836 | €309,209 | €361,010 | €405,063 | €425,319 | ▲ 5.0% |
| Amounts payable17/49 | €151,887 | €126,449 | €96,962 | €49,889 | €17,896 | €7,906 | €5,122 | €10,393 | ▲ 103% |
| Amounts payable after more than one year17 | €105,874 | €69,852 | €33,541 | - | - | - | - | - | - |
| Amounts payable within one year42/48 | €46,013 | €56,597 | €63,371 | €49,889 | €17,896 | €7,906 | €5,122 | €10,393 | ▲ 103% |
| Current portion of amounts payable after more than one year42 | - | - | - | €36,578 | - | - | - | - | - |
| Trade debts44 | - | €12,407 | €17,462 | - | €3,385 | €2,802 | €1,833 | €3,842 | ▲ 110% |
| Suppliers440/4 | - | - | - | - | €3,385 | €2,802 | €1,833 | €3,842 | ▲ 110% |
| Taxes, remuneration and social security45 | - | - | - | €11,418 | €14,511 | €1,289 | €3,289 | €6,551 | ▲ 99.2% |
| Taxes450/3 | - | - | - | €9,418 | €14,511 | €1,289 | €3,289 | €4,551 | ▲ 38.4% |
| Remuneration and social security454/9 | - | - | - | €2,000 | - | - | - | €2,000 | - |
| Other amounts payable47/48 | - | - | - | €1,893 | - | €3,816 | - | - | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €57,059 | €73,616 | €38,285 | €42,736 | €99,373 | €51,801 | €97,391 | €93,872 | ▼ 3.6% |
| + Depreciation and write-downs630 | €4,265 | €4,994 | €4,590 | €4,405 | €527 | €2,053 | €3,147 | €3,408 | ▲ 8.3% |
| Operating cash flow (approximation) | €61,324 | €78,611 | €42,875 | €47,140 | €99,900 | €53,854 | €100,539 | €97,280 | ▼ 3.2% |
| Investment in fixed assets (approximation) | - | -€13,449 | -€1,000 | €0 | €1,951 | -€6,482 | -€5,511 | -€2,238 | ▲ 59.4% |
| Change in cash | - | -€20,087 | €6,198 | -€6,641 | €46,232 | -€43,877 | €6,859 | €48,288 | ▲ 604% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (8)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | abbreviated format | 30-07-2026 | 2026-00353214 |
| 31-12-2024 | full format | 07-10-2025 | 2025-00537907 |
| 31-12-2023 | full format | 08-01-2025 | 2025-00003950 |
| 31-12-2022 | full format | 28-09-2023 | 2023-00468496 |
| 31-12-2021 | full format | 30-12-2022 | 2023-20552019 |
| 31-12-2020 | full format | 11-08-2021 | 2021-48200242 |
| 31-12-2019 | full format | 14-08-2020 | 2020-41500395 |
| 31-12-2018 | full format | 13-06-2019 | 2019-18300505 |
Similar companies · same sector, comparable size
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Not every act has been read: a resignation may still be missing
Mandate history
- Board
| Name | Functions and periods |
|---|---|
| GADEYNE Sylvain |
|
Owners and capital
Capital and shareholders
- 21-02-2023 Converted to unavailable equity
Group and network
Connections & network
1 current directorThe network starts from this company’s directors. Other companies they run appear here as nodes.
History
Acts, filings and financial milestones
21-02
Gazette deed
Appointment: GADEYNE Sylvain (director)Amendment of the articles · Capital conversion · Capital9 facts ▸
- General meeting, 10-02-2023
- Other provision, “immatriculation et assujettissement, registre des personnes morales de Bruxelles” (deed in French)
- Other provision, “conversion de plein droit des mandats de gérants en mandats d'administrateurs, entrée en vigueur deuxième phase Code des sociétés et des associations” (deed in French)
- Director appointment, GADEYNE Sylvain (director)
- Amendment of the articles (2 times)
- Capital conversion, “compte de capitaux propres statutairement indisponible” (deed in French)
- Other provision, “suppression du compte de capitaux propres statutairement indisponible, rendre ces fonds disponibles pour distribution” (deed in French)
- Capital
- Power of attorney
Show earlier events
About the unread acts
Of the 3 Belgian Official Gazette deeds we know for this company, 1 has been read. The other 2 have not been read yet: what they contain is neither established nor disproved here.
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 57078E0647/00F000 | Wallonia | 1,937 m² | 1 · 154 m² | 9.2 m · 3 |
How the parcels are linked
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “La prise de participations dans toutes entreprises industrielles,commerciales ou civiles,ainsi que la gestion du portefeuille ainsi…” (deed in French)
16 activities (deed in French)
- La prise de participations dans toutes entreprises industrielles,commerciales ou civiles,ainsi que la gestion du portefeuille ainsi constitué,cette gestion devant s’entendre dans son sens le plus large.
- Faire l’acquisition par souscription ou achat d’actions,d’obligations,de bons de caisse et d’autre valeurs mobilières généralement quelconques,de sociétés existantes ou à constituer,ainsi que la gestion de ces valeurs
- Contribuer à la constitution,au développement et à la gestion de sociétés par voie d’apports,de participation ou d’investissements généralement quelconques ou en acceptant des mandats d’administrateurs
- Créer des filiales soit par scissions soit par prises de participations
- Agir en qualité d’intermédiaire à l’occasion de négociations tenues en vue de reprise de sociétés ou de prise de participation
- Assurer à toutes sociétés une assistance technique administrative ou financière,se porter caution pour elles
- Le conseil en matière de création,d’optimisation et de réalisation de dispositifs médicaux de types prothèses
- L’exécution de missions d’audit particulières et de prestations de services administratif et financier au sens le plus large ainsi que l’assistance à l’occasion de négociations et représentations commerciales en Belgique et à l’étranger
- Fournir le conseil,l'organisation,la coordination,l'intervention dans toutes les matières touchant la vie des entreprises même internationales dans le sens le plus large,relatif notamment à leur gestion,leur administration,leur marketing et leur développement,les relations que ces entreprises ont avec toutes les autorités nationales et supranationales,et notamment le développement et la conception d'application informatique pour ces entreprises
- La gestion d’un patrimoine immobilier,tant en Belgique qu’à l’étranger,pour compte propre et compte de tiers en participation avec ceux-ci
- Faire toutes opérations civiles d’achat,de transformation,d’aménagement,de conclusion de baux commerciaux et/ou civils,de mise en valeur,de gestion,d’exploitation,de lotissement,de sous-location,d’échange et de vente de tous immeubles en ce compris l’entreprise d’achat d’immeubles en vue de la revente
- L’accomplissement de toutes opérations relatives à l’acquisition,la cession et la constitution de droits réels sur des biens immeubles bâtis ou non bâtis
- Accomplir toutes opérations généralement quelconques,commerciales,industrielles,financières,mobilières ou immobilières,se rapportant directement ou indirectement à son objet
- Accomplir,pour son propre compte,toutes opérations financières relatives à des valeurs mobilières quelconques ainsi qu’à tous produits dérivés quels qu’ils soient
- Exercer un mandat de gérant,d'administrateur ou liquidateur dans d'autres sociétés
- Se porter caution et constituer hypothèque ou toute autre sûreté réelle
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- EMLIBA
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Région Wallonne, transfert en tout endroit de la Région wallonne ou de la Région de Bruxelles-Capitale par simple décision de l’organe…” (deed in French)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- “Article 12. Pouvoirs de l’organe d’administration S’il n’y a qu’un seul administrateur, la totalité des pouvoirs d’administration et de…”
- Board ruleHow the board is made up, meets and takes decisions.
- “Un ou plusieurs administrateurs, personnes physiques ou morales,actionnaires ou non” (deed in French)
Capital, shares and profit
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Organe d'administration, cession entre vifs à personne autre” (deed in French)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Last Thursday of June at 18:00
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Décision de l'assemblée générale délibérant comme en matière de modification des statuts” (deed in French)“Décision assemblée générale dans formes modifications aux statuts, en tout temps” (deed in French)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Quelque cause et moment, peut désigner un ou plusieurs liquidateurs et déterminer pouvoirs et émoluments” (deed in French)