Equity
€207,705 ▲ 12.1%
EMLO has made a profit without a break since 2008.
EMLO
Lifetime
19 annual accounts with figures on one time axispeak €41,779 (2008)
€32,677▲ 8.5%
lowest -€22,079 (2007)
€22,370▲ 13.1%
peak €279,588 (2019)
€207,705▲ 12.1%
€158,219▼ 5.3%
Board4 names since 2020
1 directorPedro SOETE
Owners
Documentsfilings and deeds
03-02-2026178 days before the deadline
2025abbreviated format
Equity from €185,335 to €207,705Cash from €1,194 to €2,385
Key points
from the 2025 annual accountsFilings
19 annual accounts since 2007
Three of the last ten came late. The 2022 accounts came latest: 31 days after the end of the period.
At the same address
13 companies
Checked score
89
Excellent
Financially stronger than 49% of micro companies without a NACE code
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.5%
01-2025: 0.6%▲ +0.1 percentage points vs 12-2024highest value
02-2025: 0.6%● unchanged vs 01-2025highest value
03-2025: 0.6%● unchanged vs 02-2025highest value
04-2025: 0.5%▼ -0.1 percentage points vs 03-2025
05-2025: 0.5%● unchanged vs 04-2025
06-2025: 0.5%● unchanged vs 05-2025
07-2025: 0.5%● unchanged vs 06-2025
08-2025: 0.5%● unchanged vs 07-2025
09-2025: 0.5%● unchanged vs 08-2025
10-2025: 0.5%● unchanged vs 09-2025
11-2025: 0.5%● unchanged vs 10-2025
12-2025: 0.5%● unchanged vs 11-2025
01-2026: 0.5%● unchanged vs 12-2025
02-2026: 0.5%● unchanged vs 01-2026
03-2026: 0.2%▼ -0.3 percentage points vs 02-2026lowest value
04-2026: 0.2%● unchanged vs 03-2026lowest value
05-2026: 0.2%● unchanged vs 04-2026lowest value
06-2026: 0.2%● unchanged vs 05-2026lowest value
07-2026: 0.2%● unchanged vs 06-2026lowest value
08-2026: 0.2%● unchanged vs 07-2026lowest value
09-2026: 0.2%● unchanged vs 08-2026lowest value
10-2026: 0.2%● unchanged vs 09-2026lowest value
11-2026: 0.2%● unchanged vs 10-2026lowest value
Financial strengthStrong
Score breakdown
raises risk
Liquidity: current ratio 6.06, cash €2,385
lowers risk
Size: total assets €365,924
Founded in 2006
Figures for financial year 2025 (filed on 04-02-2026)
Calculation
The band follows from the bankruptcy probability. 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 (no NACE code, micro). It does better than 49% of them on solvency, 42% on liquidity, 37% on profitability and 70% on growth.
The bankruptcy probability was computed on 09-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 34,693 companies had the same profile as EMLO has now. Each dot stands for 87 companies, two years later.
95.3%
were still trading
3.9%
stopped another way
0.7%
went bankrupt
That fits the bankruptcy probability of EMLO itself: 0.2% within 12 months.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 34,693 companies, not a prediction for EMLO. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €18,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 6.06 (5.85 in 2024), above the usual 1.5. Short-term debt is 5.2% and cash 0.7% of total assets. 43.2% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises riskneutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 03-02-2026, 178 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
178 days early
2024
72 days early
2023
30 days late
2022
31 days late
2021
16 days early
2020
9 days late
2019
17 days early
← before the deadline
after the deadline →
tick = median of all Belgian filings
The company filed its last 7 accounts on average 30 days before the deadline. The Belgian median for financial year 2024 was 4 days before the deadline, and 38% of all filings were late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 15 July (4 of the last 5 accounts filed within 56 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
- Pedro Soete 100%score 62equity €1.2m (2025) · 2024 annual accounts of Pedro Soete
Recent changes
Appointment: Ilse Vandecandelaere (successor director)
Gazette deed
Registered office moved within leper
New registered office: Langemarkseweg 10C, 8904 leper (Boezinge) · Previous registered office: Diksmuidseweg 379, 8904 leper (Boezinge) · Resignations: Frank DECUPERE (director) and Veerle DESMET (director) · General meeting of 16-07-2020 · Gazette deed
First establishment
Langemarkseweg 10, Ypres
Incorporation
published on 29-12-2006 · Gazette deed
Official details
Source: KBO- Status
- Active since 19-12-2006Normal situation
- Registered office
- 14 active companies are registered at this addressSource: KBO register, as of 9 November 2026.
- Activity
- “De aankoop,verkoop en ruiling,het beheer en de valorisatie van haar eigen roerend patrimonium,bestaande uit…” (deed in Dutch)From the articles, 6 activitiesNo NACE code in the KBO yet
- Establishment unit
- 2.158.297.7088904 Ypres, since 04-01-2007
- Financial year end
- 31 December
- Peppol
- Not found in the Peppol Directory
Annual accounts 2025
- ≈ €120,000estimated
- €365,924▲ 3.8%
- Filing
- Filed on 03-02-2026, 178 days before the end of the filing period
Insights on EMLO
EMLO files the abbreviated format. That format states no turnover. The gross margin rose from €9,110 in 2007 to €32,677 in 2025.
Pedro Soete holds all the shares.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about EMLO
- What is the company number of EMLO?
- The company number of EMLO is 0885.777.769. The VAT number is the same number with BE in front: BE 0885.777.769.
- Where is EMLO based?
- The registered office is at Langemarkseweg 10, 8904 Ypres.Company details
- What is the legal form of EMLO?
- EMLO is a private limited company (BV).
- When was EMLO founded?
- EMLO was founded on 19-12-2006.
- Is EMLO still active?
- Yes, EMLO is an active enterprise in the KBO register.
- What is the turnover of EMLO?
- The turnover in financial year 2025 is ≈ €120,000. This figure is estimated from the gross margin of €32,677 and 1,231 comparable companies of the same size. It probably lies between €63,000 and €220,000. It is a rough estimate.Financials
- Is EMLO profitable?
- In financial year 2025, EMLO made a profit of €22,370.
- Where can I find the annual accounts of EMLO?
- EMLO filed 19 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of EMLO due?
- EMLO must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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