EMLO
InactiveInactive; last annual accounts for fiscal year 2025. Dissolved without liquidation on 20-01-2026.
Signals
1 signal. The signal on the left, the evidence on the right.
○neutral
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 08-12-2025, 54 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
54 d early
2024
25 d early
2023
6 d early
2022
6 d early
2021
on the day
2020
3 d early
2019
63 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2025, abbreviated schema
Equity
€417k▼ 51.4%
2024 · €858k
Total assets
€516k▼ 42.1%
2024 · €892k
Net result
€697k▲ 1,224%
2024 · €53k
Working capital
€114k▼ 60.6%
2024 · €289k
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
Line20212022202320242025
Operating result€48k-€54k▲ 11.5%€83k▲ 52.7%€69k▼ 16.9%€486k▲ 608%
Net result€48k-€46k▼ 3.3%€61k▲ 31.2%€53k▼ 13.7%€697k▲ 1,224%
Equity€804k-€804k=€805k▲ 0.1%€858k▲ 6.5%€417k▼ 51.4%
Total assets€867k-€913k▲ 5.3%€910k▼ 0.3%€892k▼ 2.0%€516k▼ 42.1%
Debt€63k-€109k▲ 73.7%€105k▼ 3.6%€34k▼ 67.3%€100k▲ 191%
Working capital€186k-€209k▲ 12.3%€200k▼ 4.3%€289k▲ 44.5%€114k▼ 60.6%
Staff (FTE)00
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 608% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €516k
Fixed assets
€303k ▼ 48.9%
Current assets
€214k ▼ 28.9%
Equity and liabilities €516k
Equity
€417k ▼ 51.4%
Debt
€100k ▲ 191%
Debt's share of the balance-sheet total rises from 3.8% to 19.3%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€524k▲
2024 · €117k
Cash flow
€734k▲
2024 · €101k
Current ratio
2.14▼
2024 · 26.89
Debt to equity
0.24▲
2024 · 0.04
ROE
167.2%▲
2024 · 6.1%
ROA
134.9%▲
2024 · 5.9%
Interest coverage
6382.60▲
2024 · 2750.19
Debt ≤ 1 year
€100k▲
2024 · €11k
Income taxes
€122k▲
2024 · €18k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €2k | €465k | ▲ 23,146% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €76k | €51k | €48k | €48k | €37k | ▼ 22.5% |
| Other operating charges640/8 | - | €24k | €27k | €27k | €24k | ▼ 12.6% |
| Gross operating margin9900 | €149k | €129k | €158k | €144k | €547k | ▲ 280% |
| Operating profit (loss)9901 | €48k | €54k | €83k | €69k | €486k | ▲ 608% |
| Financial income75/76B | - | €185 | €309 | €2k | €333k | ▲ 13,952% |
| Recurring financial income75 | €399 | €185 | €309 | €2k | €3k | ▲ 11.8% |
| Non-recurring financial income76B | - | - | - | - | €330k | - |
| Financial charges65/66B | - | €45 | €1k | €42 | €82 | ▲ 93.1% |
| Recurring financial charges65 | €488 | €45 | €1k | €42 | €82 | ▲ 93.1% |
| Profit (loss) for the period before taxes9903 | €48k | €54k | €82k | €71k | €819k | ▲ 1,054% |
| Income taxes67/77 | €342 | €8k | €21k | €18k | €122k | ▲ 565% |
| Profit (loss) for the period9904 | €48k | €46k | €61k | €53k | €697k | ▲ 1,224% |
| Profit (loss) for the period to be appropriated9905 | €48k | €46k | €61k | €53k | €697k | ▲ 1,224% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €867k | €913k | €910k | €892k | €516k | ▼ 42.1% |
| Fixed assets21/28 | €638k | €616k | €628k | €592k | €303k | ▼ 48.9% |
| Tangible fixed assets22/27 | €579k | €557k | €569k | €533k | €303k | ▼ 43.2% |
| Land and buildings22 | - | €458k | €428k | €399k | €181k | ▼ 54.5% |
| Plant, machinery and equipment23 | - | €99k | €140k | €131k | €119k | ▼ 9.6% |
| Furniture and vehicles24 | - | €55 | €0 | €3k | €3k | ▼ 10.1% |
| Financial fixed assets28 | €59k | €59k | €59k | €59k | €0 | ▼ 100% |
| Current assets29/58 | €229k | €298k | €283k | €300k | €214k | ▼ 28.9% |
| Amounts receivable within one year40/41 | €7k | €5k | €9k | €16k | €21k | ▲ 25.7% |
| Trade receivables40 | - | €4k | €360 | €3k | €2k | ▼ 39.1% |
| Other amounts receivable41 | - | €1k | €8k | €13k | €19k | ▲ 40.8% |
| Cash at bank and in hand54/58 | €219k | €290k | €271k | €282k | €191k | ▼ 32.3% |
| Deferred charges and accrued income490/1 | - | €3k | €3k | €2k | €2k | ▼ 3.3% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €867k | €913k | €910k | €892k | €516k | ▼ 42.1% |
| Equity10/15 | €804k | €804k | €805k | €858k | €417k | ▼ 51.4% |
| Contributions10/11 | €583k | €583k | €583k | €583k | €62k | ▼ 89.4% |
| Capital10 | - | €583k | €583k | €583k | €62k | ▼ 89.4% |
| Issued capital100 | - | €583k | €583k | €583k | €62k | ▼ 89.4% |
| Reserves13 | €222k | €222k | €223k | €275k | €355k | ▲ 28.9% |
| Non-distributable reserves130/1 | - | €58k | €58k | €58k | €58k | = |
| Legal reserve130 | - | €58k | €58k | €58k | €58k | = |
| Distributable reserves133 | - | €164k | €165k | €217k | €297k | ▲ 36.7% |
| Profit (loss) carried forward14 | - | €0 | €0 | €0 | €0 | - |
| Amounts payable17/49 | €63k | €109k | €105k | €34k | €100k | ▲ 191% |
| Amounts payable within one year42/48 | €43k | €89k | €83k | €11k | €100k | ▲ 793% |
| Trade debts44 | €2k | €2k | €7k | €6k | €56k | ▲ 869% |
| Suppliers440/4 | - | €2k | €7k | €6k | €56k | ▲ 869% |
| Taxes, remuneration and social security45 | - | €5k | €10k | €0 | €2k | - |
| Taxes450/3 | - | €5k | €10k | €0 | €2k | - |
| Other amounts payable47/48 | - | €82k | €65k | €5k | €42k | ▲ 671% |
| Accrued charges and deferred income492/3 | - | €20k | €22k | €23k | €0 | ▼ 100% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €48k | €46k | €61k | €53k | €697k | ▲ 1,224% |
| + Depreciation and write-downs630 | €76k | €51k | €48k | €48k | €37k | ▼ 22.5% |
| Operating cash flow (approximation) | €124k | €98k | €109k | €101k | €734k | ▲ 628% |
| Investment in fixed assets (approximation) | - | €-29k | €-60k | €-13k | €252k | ▲ 2,094% |
| Change in cash | - | €70k | €-19k | €11k | €-91k | ▼ 962% |
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
06-02
State Gazette act
Restructuring · End & cessationMerger · Dissolution · Accounting effect9 facts ▸
State Gazette act
Restructuring · End & cessation
Merger · Dissolution · Accounting effect9 facts ▸
- General meeting, 20-01-2026
- Merger, absorption, 20-01-2026
- Dissolution, 20-01-2026
- Accounting effect, 01-07-2025
- Real estate, magazijn op en met grond en aanhorigheden, gelegen te Mechelen, Schaliënhoevedreef 1B, gekadastreerd volgens huidig kadastraal uittreksel sectie A, nummer 159H…
- Real estate, building op en met grond en aanhorigheden, gelegen te Mechelen, Onze-Lieve-Vrouwestraat 53/55, gekadastreerd volgens huidig kadastraal uittreksel sectie D, numm…
- Power of attorney, Moore Finance & Tax BV
- Share exchange, Overnemende Vennootschap eigenaar van alle aandelen van de Overgenomen Vennootschap, artikel 12:57, 1° WVV
- Merger proposal, 21-11-2025
2025
08-12
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
30-06
Financial
Highest result since 2019net €697k ▲1,224%
Operating result €486k, net result €697k, both a record.
06-01
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
30-06
Financial
Liquidity times 8current ratio 26.89
Current ratio from 3.42 to 26.89; short-term debt falls from €83k to €11k.
25-01
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
25-01
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-01
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
30-06
Financial
Liquidity times 5current ratio 5.34
Current ratio from 1.16 to 5.34; short-term debt falls from €137k to €43k.
28-01
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2019
29-11
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2018
31-10
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2017
28-11
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2016
05-12
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 9 acts read
About the unread acts
Of the 9 Belgian State Gazette acts we know for this company, 1 has been read. The other 8 have not been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Structure & network
Acquisitions and mergers
1 transactionTaken over by:SAILE