EMLO
Annual accounts 2025
abbreviated format, filed on 08-12-2025, 54 days before the deadline€547,439
▲ 280%
€486,183
▲ 608%
€696,635
▲ 13×
€113,839
▼ 60.6%
80.7%
▼ 15.5 percentage points
2.14
▼ 24.75
Turnover and EBIT margin are not published. The abbreviated format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €1.3m. Estimated: probably between €780,000 and €2.2m.
Balance sheet
balance sheet total €516,256 on 30-06-2025What the company ownsHow it is paid for
in euro
in euro
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||||||||||||||
20/58 |
516,256 | 892,223 | 910,239 | 913,168 | 866,995 | 881,011 | 912,267 | 960,354 | 1.1m | 1.2m | 1.2m | 1.3m | 1.4m | 1.4m | 1.1m | 1.2m | 1.2m | |
21/28 |
302,727 | 592,008 | 627,551 | 615,606 | 638,048 | 708,930 | 753,651 | 789,059 | 834,626 | 898,121 | 987,364 | 1.1m | 1.2m | 1.1m | 963,825 | 995,928 | 1.2m | |
22/27 |
302,727 | 533,194 | 568,738 | 556,792 | 579,234 | 650,116 | 694,837 | 730,245 | 775,813 | 839,308 | 928,551 | 1.0m | 1.1m | 1.1m | 905,011 | 937,114 | 1.0m | |
22 |
181,494 | 399,100 | 428,427 | 457,754 | 487,869 | 517,983 | 548,098 | 578,212 | 608,327 | 646,485 | 692,405 | 738,326 | 784,246 | 821,288 | 866,321 | 911,353 | 956,386 | |
23 |
118,682 | 131,257 | 140,311 | 98,983 | 90,583 | 129,642 | 142,539 | 146,124 | 159,868 | 176,146 | 210,410 | 244,674 | 269,186 | 249,651 | 24,164 | 6,416 | 18,538 | |
24 |
2,551 | 2,837 | 0 | 55 | 783 | 2,491 | 4,200 | 5,909 | 7,618 | 16,677 | 25,735 | 34,794 | 43,305 | 8,829 | 14,526 | 19,345 | 29,068 | |
28 |
0 | 58,814 | 58,814 | 58,814 | 58,814 | 58,814 | 58,814 | 58,814 | 58,814 | 58,814 | 58,814 | 58,814 | 58,814 | 58,814 | 58,814 | 58,814 | 159,454 | |
29/58 |
213,529 | 300,215 | 282,688 | 297,562 | 228,947 | 172,081 | 158,617 | 171,295 | 239,178 | 294,938 | 258,287 | 248,731 | 224,799 | 287,998 | 183,246 | 180,589 | 52,855 | |
29 |
- | - | - | - | - | - | - | - | - | - | - | - | 144,358 | 138,805 | - | - | - | |
291 |
- | - | - | - | - | - | - | - | - | - | - | - | 144,358 | 138,805 | - | - | - | |
40/41 |
20,742 | 16,498 | 8,514 | 5,011 | 6,843 | 119,778 | 102,553 | 100,948 | 109,623 | 6,149 | 90 | - | 15,842 | 8,732 | 146,188 | 154,211 | 4,450 | |
40 |
1,893 | 3,108 | 360 | 3,534 | 6,843 | 19,778 | 2,553 | 948 | 1,918 | 2,069 | 90 | - | - | - | - | 7,400 | - | |
41 |
18,848 | 13,391 | 8,154 | 1,477 | - | 100,000 | 100,000 | 100,000 | 107,705 | 4,080 | - | - | 15,842 | 8,732 | 146,188 | 146,812 | 4,450 | |
54/58 |
190,741 | 281,599 | 271,064 | 289,711 | 219,494 | 48,830 | 52,716 | 70,347 | 124,244 | 285,232 | 254,425 | 248,731 | 64,600 | 140,461 | 37,058 | 26,378 | 48,405 | |
490/1 |
2,047 | 2,117 | 3,109 | 2,840 | 2,611 | 3,473 | 3,348 | - | 5,310 | 3,557 | 3,772 | - | - | - | - | - | - | |
| Balance sheet: equity and liabilities | ||||||||||||||||||
10/49 |
516,256 | 892,223 | 910,239 | 913,168 | 866,995 | 881,011 | 912,267 | 960,354 | 1.1m | 1.2m | 1.2m | 1.3m | 1.4m | 1.4m | 1.1m | 1.2m | 1.2m | |
10/15 |
416,566 | 857,962 | 805,348 | 804,381 | 804,381 | 756,330 | 713,146 | 696,445 | 770,612 | 821,870 | 821,374 | 823,343 | 794,423 | 753,000 | 832,302 | 815,674 | 796,179 | |
10/11 |
61,500 | 582,550 | 582,550 | 582,550 | 582,550 | 582,550 | 582,550 | 582,550 | 582,550 | 582,550 | 582,550 | 582,550 | 582,550 | 582,550 | 582,550 | 582,550 | 582,550 | |
10 |
61,500 | 582,550 | 582,550 | 582,550 | - | 582,550 | - | - | - | - | - | - | - | - | - | - | - | |
100 |
61,500 | 582,550 | 582,550 | 582,550 | 582,550 | 582,550 | 582,550 | 582,550 | 582,550 | 582,550 | 582,550 | 582,550 | 582,550 | 582,550 | 582,550 | 582,550 | 582,550 | |
13 |
355,066 | 275,412 | 222,798 | 221,831 | 221,831 | 173,780 | 130,596 | 74,238 | 74,238 | 74,238 | 74,238 | 74,238 | 74,238 | 74,238 | 74,238 | 74,238 | 62,740 | |
130/1 |
58,255 | 58,255 | 58,255 | 58,255 | 58,255 | 58,255 | - | - | - | - | - | - | - | - | - | - | - | |
130 |
58,255 | 58,255 | 58,255 | 58,255 | 58,255 | 58,255 | 58,255 | 58,255 | 58,255 | 58,255 | 58,255 | 58,255 | 58,255 | 58,255 | 58,255 | 58,255 | 46,758 | |
133 |
296,811 | 217,157 | 164,543 | 163,576 | 163,576 | 115,525 | 72,341 | 15,983 | 15,983 | 15,983 | 15,983 | 15,983 | 15,983 | 15,983 | 15,983 | 15,983 | 15,983 | |
14 |
0 | 0 | 0 | 0 | - | - | - | 39,657 | 113,824 | 165,082 | 164,587 | 166,556 | 137,636 | 96,213 | 175,515 | 158,886 | 150,889 | |
16 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | 4,179 | 20,000 | - | |
160/5 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | 4,179 | 20,000 | - | |
17/49 |
99,690 | 34,261 | 104,892 | 108,787 | 62,614 | 124,681 | 199,121 | 263,909 | 303,192 | 371,190 | 424,277 | 501,995 | 585,926 | 673,580 | 310,589 | 340,843 | 420,122 | |
17 |
- | - | - | - | - | - | 43,791 | 109,458 | 170,793 | 227,838 | 286,938 | 341,229 | 393,414 | 443,543 | 203,657 | 187,176 | 272,085 | |
170/4 |
- | - | - | - | - | - | 43,791 | 109,458 | 170,793 | 227,838 | 286,938 | 341,229 | 393,414 | 443,543 | 203,657 | 187,176 | 272,085 | |
42/48 |
99,690 | 11,165 | 82,696 | 88,534 | 42,844 | 105,056 | 136,889 | 154,451 | 132,399 | 143,352 | 137,339 | 160,767 | 179,484 | 230,038 | 106,932 | 153,667 | 148,037 | |
42 |
- | - | - | - | - | 43,792 | 62,880 | 60,372 | 58,869 | 58,375 | 53,548 | 51,442 | 49,387 | 47,429 | 23,065 | 85,187 | 80,659 | |
44 |
55,641 | 5,745 | 6,840 | 1,851 | 1,931 | 2,790 | 911 | 19,224 | 15,326 | 16,900 | 17,303 | 11,042 | 11,697 | 69,333 | 44,972 | 24,124 | 24,539 | |
440/4 |
55,641 | 5,745 | 6,840 | 1,851 | 1,931 | 2,790 | 911 | 19,224 | 15,326 | 16,900 | 17,303 | 11,042 | 11,697 | 69,333 | 44,972 | 24,124 | 24,539 | |
46 |
- | - | - | - | - | - | - | - | - | 10,580 | 10,599 | - | - | - | - | - | - | |
45 |
2,250 | 0 | 10,436 | 5,023 | 2,734 | 5,438 | 1,909 | 187 | 157 | 141 | 121 | 55 | - | - | 1,761 | 1,300 | 1,000 | |
450/3 |
2,250 | 0 | 10,436 | 5,023 | 2,734 | 5,438 | 1,909 | 187 | 157 | 141 | 121 | 55 | - | - | 1,761 | 1,300 | 1,000 | |
47/48 |
41,800 | 5,420 | 65,420 | 81,660 | 38,179 | 53,036 | 71,189 | 74,668 | 58,047 | 57,357 | 55,767 | 98,228 | 118,400 | 113,275 | 37,135 | 43,055 | 41,839 | |
492/3 |
0 | 23,096 | 22,196 | 20,253 | 19,771 | 19,625 | 18,441 | - | - | - | - | - | 13,028 | - | - | - | - | |
| Income statement | ||||||||||||||||||
76A |
464,917 | 2,000 | - | - | - | - | - | 3,527 | 5,310 | 3,865 | 3,772 | 3,972 | 21,268 | 21,365 | 9,376 | 7,361 | 2,564 | |
9900 |
547,439 | 144,230 | 157,503 | 128,937 | 148,518 | 144,465 | 115,570 | 24,089 | 44,875 | 115,232 | 122,907 | 140,090 | 137,455 | 75,185 | 78,977 | 131,943 | 116,219 | |
630 |
37,318 | 48,178 | 48,395 | 51,067 | 76,293 | 77,597 | 75,125 | 70,526 | 83,424 | 89,243 | 89,243 | 89,243 | 88,675 | 74,436 | 58,022 | 66,878 | 66,928 | |
635/8 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | -15,821 | 20,000 | - | |
640/8 |
23,938 | 27,402 | 26,545 | 23,808 | 23,743 | 21,577 | 21,045 | 26,119 | 10,013 | 16,911 | 24,853 | 8,989 | 10,820 | 17,267 | 16,757 | 16,579 | 17,232 | |
66A |
- | - | - | - | - | - | - | - | - | - | - | - | - | 15,687 | - | - | - | |
9901 |
486,183 | 68,650 | 82,563 | 54,063 | 48,482 | 45,291 | 19,400 | -72,556 | -48,563 | 9,078 | 8,811 | 41,858 | 37,961 | -16,519 | 20,020 | 28,485 | 32,059 | |
75/76B |
332,720 | 2,368 | 309 | 185 | 399 | 171 | - | 3,528 | 5,612 | 617 | 637 | 470 | 1,156 | 576 | 416 | 460 | 869 | |
75 |
2,648 | 2,368 | 309 | 185 | 399 | 171 | - | 1 | 302 | 617 | 637 | 470 | 1,156 | 576 | 416 | 460 | 869 | |
76B |
330,072 | - | - | - | - | - | - | 3,527 | 5,310 | - | - | - | - | - | - | - | - | |
65/66B |
82 | 42 | 1,005 | 45 | 488 | 1,877 | 2,292 | 4,952 | 8,096 | 12,859 | 14,971 | 17,170 | 18,873 | 17,770 | 11,318 | 15,435 | 19,672 | |
65 |
82 | 42 | 1,005 | 45 | 488 | 1,877 | 2,292 | 4,952 | 8,096 | 12,859 | 14,971 | 17,170 | 18,873 | 17,770 | 11,318 | 15,435 | 19,672 | |
9903 |
818,820 | 70,976 | 81,868 | 54,203 | 48,392 | 43,585 | 17,108 | -73,980 | -51,047 | 701 | -1,751 | 29,130 | 41,512 | -28,035 | 18,493 | 20,871 | 15,820 | |
67/77 |
122,185 | 18,361 | 20,901 | 7,750 | 342 | 401 | 407 | 187 | 211 | 206 | 218 | 210 | 89 | 1,267 | 1,865 | 1,377 | -5,608 | |
9904 |
696,635 | 52,614 | 60,967 | 46,453 | 48,050 | 43,184 | 16,701 | -74,167 | -51,258 | 495 | -1,969 | 28,920 | 41,423 | -29,302 | 16,628 | 19,495 | 21,428 | |
9905 |
696,635 | 52,614 | 60,967 | 46,453 | 48,050 | 43,184 | 16,701 | -74,167 | -51,258 | 495 | -1,969 | 28,920 | 41,423 | -29,302 | 16,628 | 19,495 | 21,428 | |
| Appropriation of the result | ||||||||||||||||||
9906 |
696,635 | 52,614 | 60,967 | 46,453 | 48,050 | 43,184 | 56,359 | 39,657 | 113,824 | 165,082 | 164,587 | 166,556 | 137,636 | 146,213 | 175,515 | 170,384 | 172,317 | |
791/2 |
616,982 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
691/2 |
696,635 | 52,614 | 967 | 0 | 48,050 | 43,184 | 56,359 | - | - | - | - | - | - | - | - | 11,497 | 21,428 | |
6920 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 11,497 | 21,428 | |
6921 |
696,635 | 52,614 | 967 | 0 | 48,050 | 43,184 | 56,359 | - | - | - | - | - | - | - | - | - | - | |
694/7 |
616,982 | 0 | 60,000 | 46,453 | - | - | - | - | - | - | - | - | - | 50,000 | - | - | - | |
694 |
616,982 | 0 | 60,000 | 46,453 | - | - | - | - | - | - | - | - | - | 50,000 | - | - | - | |
| Social balance sheet | ||||||||||||||||||
9087 |
0 | 0 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
| Document | ||||||||||||||||||
The accounts for 15 older financial years (1994-2008) were filed as documents without figures as data, scans for example.
The notes to these accounts have 14 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).
Source: Annual accounts 2025 (PDF), filed on 08-12-2025.
Filings
each dot is a set of accounts, on the day it reached the National Bank| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 30-06-2025 | abbreviated format | 08-12-2025 | 2025-00577807 | |
| 30-06-2024 | abbreviated format | 06-01-2025 | 2025-00001895 | |
| 30-06-2023 | abbreviated format | 25-01-2024 | 2024-00007774 | |
| 30-06-2022 | abbreviated format | 25-01-2023 | 2023-00010861 | |
| 30-06-2021 | abbreviated format | 31-01-2022 | 2022-04600276 | |
| 30-06-2020 | abbreviated format | 28-01-2021 | 2021-02500426 | |
| 30-06-2019 | abbreviated format | 29-11-2019 | 2019-75300289 | |
| 30-06-2018 | abbreviated format | 31-10-2018 | 2018-71400492 | |
| 30-06-2017 | abbreviated format | 28-11-2017 | 2017-70700504 | |
| 30-06-2016 | abbreviated format | 05-12-2016 | 2016-69600017 | |
| 30-06-2015 | abbreviated format | 03-11-2015 | 2015-66500325 | |
| 30-06-2014 | abbreviated format | 01-12-2014 | 2014-68400447 | |
| 30-06-2013 | abbreviated format | 05-11-2013 | 2013-65800363 | |
| 30-06-2012 | abbreviated format | 03-12-2012 | 2012-65900243 | |
| 30-06-2011 | abbreviated format | 25-11-2011 | 2011-61900175 | |
| 30-06-2010 | abbreviated format | 25-11-2010 | 2010-61500092 | |
| 30-06-2009 | abbreviated format | 24-11-2009 | 2009-86800232 | |
| 30-06-2008 | abbreviated format | 03-11-2008 | 2008-79100393 | |
| 30-06-2007 | abbreviated format | 21-11-2007 | 2007-80200177 | |
| 30-06-2006 | abbreviated format | 30-11-2006 | 2006-88500075 | |
| 30-06-2005 | abbreviated format | 16-11-2005 | 2005-86202768 | |
| 30-06-2004 | abbreviated format | 16-12-2004 | 2004-85803146 | |
| 30-06-2003 | abbreviated format | 28-11-2003 | 2003-81004555 | |
| 30-06-2002 | abbreviated format | 02-12-2002 | 2002-74502951 | |
| 30-06-2001 | abbreviated format | 11-12-2001 | 2001-75100031 | |
| 30-06-2000 | abbreviated format | 16-11-2000 | 2000-71604270 | |
| 30-06-1999 | abbreviated format | 25-11-1999 | 1999-60400863 | |
| 30-06-1998 | abbreviated format | 24-11-1998 | 1998-58702099 | |
| 30-06-1997 | abbreviated format | 27-11-1997 | 1997-54700781 | |
| 30-06-1996 | abbreviated format | 14-11-1996 | 1996-50504419 | |
| 30-06-1995 | abbreviated format | 24-11-1995 | 1995-57803881 | |
| 30-06-1994 | abbreviated format | 21-11-1994 | 1994-47600765 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 523,501 | 116,828 | 130,958 | 105,130 | 124,775 | 122,888 | 94,525 | -2,030 | 34,862 | 98,321 | 98,054 | 131,101 | 126,636 | 57,917 | 78,041 | 95,363 | 98,987 | ||
| 733,953 | 100,792 | 109,362 | 97,520 | 124,344 | 120,781 | 91,827 | -3,641 | 32,166 | 89,738 | 87,274 | 118,163 | 130,098 | 45,134 | 74,650 | 86,373 | 88,357 | ||
| 11,934 | 12,635 | 60,340 | 28,624 | 5,411 | 32,876 | 39,717 | 24,959 | 19,929 | 0 | 0 | 10,300 | 105,643 | 264,881 | 25,918 | -100,640 | 4,574 | ||
| -90,858 | 10,535 | -18,647 | 70,217 | 170,664 | -3,886 | -17,631 | -53,897 | -160,988 | 30,807 | 5,694 | 184,132 | -75,861 | 103,403 | 10,680 | -22,028 | - | ||
| 113,839 | 289,050 | 199,992 | 209,028 | 186,104 | 67,025 | 21,728 | 16,844 | 106,778 | 151,587 | 120,948 | 87,965 | 45,315 | 57,961 | 76,313 | 26,922 | -95,182 | ||
| 80.7% | 96.2% | 88.5% | 88.1% | 92.8% | 85.8% | 78.2% | 72.5% | 71.8% | 68.9% | 65.9% | 62.1% | 57.6% | 52.8% | 72.6% | 69.3% | 65.5% | ||
| 2.14 | 26.89 | 3.42 | 3.36 | 5.34 | 1.64 | 1.16 | 1.11 | 1.81 | 2.06 | 1.88 | 1.55 | 1.25 | 1.25 | 1.71 | 1.18 | 0.36 | ||
| 0.24 | 0.04 | 0.13 | 0.14 | 0.08 | 0.16 | 0.28 | 0.38 | 0.39 | 0.45 | 0.52 | 0.61 | 0.74 | 0.89 | 0.37 | 0.42 | 0.53 | ||
| 167.2% | 6.1% | 7.6% | 5.8% | 6.0% | 5.7% | 2.3% | -10.6% | -6.7% | 0.1% | -0.2% | 3.5% | 5.2% | -3.9% | 2.0% | 2.4% | 2.7% | ||
| 134.9% | 5.9% | 6.7% | 5.1% | 5.5% | 4.9% | 1.8% | -7.7% | -4.8% | 0.0% | -0.2% | 2.2% | 3.0% | -2.1% | 1.4% | 1.7% | 1.8% | ||
| over 100 | over 100 | over 100 | over 100 | - | 65.47 | - | - | - | - | - | - | - | - | - | - | - |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Securities and guarantees
on own assets and for others| Item | 30-06-2025 | 30-06-2024 | 30-06-2023 | 30-06-2022 | 30-06-2020 |
|---|---|---|---|---|---|
| Debts secured on the company's own assets | - | - | - | - | €43,791 |
Source: notes to the 2020 to 2025 annual accounts (statement of debts and off-balance-sheet rights and commitments)
Investments
fixed assets acquired| Item | 30-06-2025 | 30-06-2024 | 30-06-2023 | 30-06-2022 | 30-06-2020 |
|---|---|---|---|---|---|
| Tangible fixed assets | €11,934 | €12,635 | €60,340 | €28,624 | €32,876 |
| €37,318 | €48,178 | €48,395 | €51,067 | €77,597 |
Source: notes to the 2020 to 2025 annual accounts (statement of fixed assets)
Insights on EMLO
The operating result for 2025 is 7.1 times that of 2024 and the highest since 2009. It is a recovery after the fall in 2024.
Debt's share of the balance-sheet total rises from 3.8% to 19.3%. Equity is lower and debt is higher.
Large changes and their cause
- 2025 Net result +1,224% on 2024. The 2025 profit included a one-off income of €794,989.
- 2025 Equity -51% on 2024. Last accounts before the absorption by SAILE (Official Gazette 06-02-2026). Capital reduction of €521,049 (Official Gazette 04-02-2025).