EMLO
ActiveSummary
EMLO has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €208k and a net result of €22k. Equity is growing by ~12% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability53▲+1
Solvency82▲+4
Growth32=
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €13k at 30 days acceptable
Liquidity ample (current ratio 6.06 against 5.85 in 2024; short-term debt: 5.2% and cash: 0.7% of total assets), and 43.2% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
56.8%
Return on assets
6.1%
Age of the figures
9 mo
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 d early
2024
72 d early
2023
30 d late
2022
31 d late
2021
16 d early
2020
9 d late
2019
17 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€208k▲ 12.1%
2024 · €185k
2018: €255k
2019: €280k▲ +9.5% vs 2018highest in 8 years
2020: €99k▼ -64.6% vs 2019lowest in 8 years
2021: €121k▲ +22.2% vs 2020
2022: €143k▲ +18.7% vs 2021
2023: €166k▲ +15.4% vs 2022
2024: €185k▲ +12.0% vs 2023
2025: €208k▲ +12.1% vs 2024
2018 → 2025
Total assets
€366k▲ 3.8%
2024 · €352k
2018: €258klowest in 8 years
2019: €285k▲ +10.6% vs 2018
2020: €305k▲ +7.2% vs 2019
2021: €325k▲ +6.5% vs 2020
2022: €331k▲ +1.7% vs 2021
2023: €335k▲ +1.2% vs 2022
2024: €352k▲ +5.3% vs 2023
2025: €366k▲ +3.8% vs 2024highest in 8 years
2018 → 2025
Net result
€22k▲ 13.1%
2024 · €20k
2018: €24k
2019: €24k▲ +1.5% vs 2018highest in 8 years
2020: €19k▼ -20.8% vs 2019lowest in 8 years
2021: €22k▲ +13.8% vs 2020
2022: €23k▲ +3.2% vs 2021
2023: €22k▼ -2.2% vs 2022
2024: €20k▼ -10.6% vs 2023
2025: €22k▲ +13.1% vs 2024
2018 → 2025
Working capital
€96k▲ 14.0%
2024 · €84k
2018: €6k
2019: €31k▲ +395% vs 2018
2020: €-23k▼ -174% vs 2019lowest in 8 years
2021: €50k▲ +320% vs 2020
2022: €62k▲ +25.5% vs 2021
2023: €74k▲ +19.5% vs 2022
2024: €84k▲ +13.7% vs 2023
2025: €96k▲ +14.0% vs 2024highest in 8 years
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€121k-€143k▲ 18.7%€166k▲ 15.4%€185k▲ 12.0%€208k▲ 12.1%
2021: €121klowest in 5 years
2022: €143k▲ +18.7% vs 2021
2023: €166k▲ +15.4% vs 2022
2024: €185k▲ +12.0% vs 2023
2025: €208k▲ +12.1% vs 2024highest in 5 years
Operating result€33k-€33k▲ 0.1%€32k▼ 2.4%€29k▼ 8.2%€32k▲ 8.8%
2021: €33k
2022: €33k▲ +0.1% vs 2021highest in 5 years
2023: €32k▼ -2.4% vs 2022
2024: €29k▼ -8.2% vs 2023lowest in 5 years
2025: €32k▲ +8.8% vs 2024
Net result€22k-€23k▲ 3.2%€22k▼ 2.2%€20k▼ 10.6%€22k▲ 13.1%
2021: €22k
2022: €23k▲ +3.2% vs 2021highest in 5 years
2023: €22k▼ -2.2% vs 2022
2024: €20k▼ -10.6% vs 2023lowest in 5 years
2025: €22k▲ +13.1% vs 2024
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 9% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €366k
Fixed assets
€251k =
Current assets
€115k ▲ 13.3%
Equity and liabilities €366k
Equity
€208k ▲ 12.1%
Debt
€158k ▼ 5.3%
Debt's share of the balance-sheet total falls from 47.4% to 43.2%. Equity is higher and debt is lower.
Key figures and ratios
Current ratio
6.06▲
2024 · 5.85
Debt to equity
0.76▼
2024 · 0.90
ROE
10.8%▲
2024 · 10.7%
ROA
6.1%▲
2024 · 5.6%
Debt ≤ 1 year
€19k▲
2024 · €17k
Debt > 1 year
€139k▼
2024 · €149k
Income taxes
€8k▲
2024 · €7k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 42 lines
Balance sheet
Code20242025
Assets
Total assets20/58€352k€366k▲
Fixed assets21/28€251k€251k=
Tangible fixed assets22/27€246k€246k=
Land and buildings22€246k€246k=
Financial fixed assets28€4k€4k=
Current assets29/58€102k€115k▲
Amounts receivable after more than one year29-€110k
Other amounts receivable291-€110k
Amounts receivable within one year40/41€101k€3k▼
Other amounts receivable41€101k€3k▼
Cash at bank and in hand54/58€1k€2k▲
Equity and liabilities
Total equity and liabilities10/49€352k€366k▲
Equity10/15€185k€208k▲
Contributions10/11€30k€30k=
Reserves13€155k€178k▲
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Distributable reserves133€155k€178k▲
Profit (loss) carried forward14€335€205▼
Amounts payable17/49€167k€158k▼
Amounts payable after more than one year17€149k€139k▼
Financial debts170/4€149k€139k▼
Amounts payable within one year42/48€17k€19k▲
Current portion of amounts payable after more than one year42€10k€10k=
Trade debts44-€128
Suppliers440/4-€128
Taxes, remuneration and social security45€7k€9k▲
Taxes450/3€7k€9k▲
Accrued charges and deferred income492/3€513€0▼
Income statement
Code20242025
Other operating charges640/8€830€833▲
Gross operating margin9900€30k€33k▲
Operating profit (loss)9901€29k€32k▲
Financial charges65/66B€2k€2k▼
Recurring financial charges65€2k€2k▼
Profit (loss) for the period before taxes9903€27k€30k▲
Income taxes67/77€7k€8k▲
Profit (loss) for the period9904€20k€22k▲
Profit (loss) for the period to be appropriated9905€20k€22k▲
Appropriation of the result
Profit (loss) to be appropriated9906€20k€23k▲
Profit (loss) brought forward from the previous period14P€407€335▼
Transfer to equity691/2€20k€23k▲
To other reserves6921€20k€23k▲
The notes to these accounts (14 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Other operating charges640/8 | €687 | €694 | €756 | €830 | €833 | ▲ 0.4% |
| Gross operating margin9900 | €33k | €33k | €33k | €30k | €33k | ▲ 8.5% |
| Operating profit (loss)9901 | €33k | €33k | €32k | €29k | €32k | ▲ 8.8% |
| Financial charges65/66B | €3k | €2k | €2k | €2k | €2k | ▼ 5.8% |
| Recurring financial charges65 | €3k | €2k | €2k | €2k | €2k | ▼ 5.8% |
| Profit (loss) for the period before taxes9903 | €30k | €30k | €30k | €27k | €30k | ▲ 9.9% |
| Income taxes67/77 | €8k | €8k | €8k | €7k | €8k | ▲ 1.4% |
| Profit (loss) for the period9904 | €22k | €23k | €22k | €20k | €22k | ▲ 13.1% |
| Profit (loss) for the period to be appropriated9905 | €22k | €23k | €22k | €20k | €22k | ▲ 13.1% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €325k | €331k | €335k | €352k | €366k | ▲ 3.8% |
| Fixed assets21/28 | €251k | €251k | €251k | €251k | €251k | = |
| Tangible fixed assets22/27 | €246k | €246k | €246k | €246k | €246k | = |
| Land and buildings22 | €246k | €246k | €246k | €246k | €246k | = |
| Financial fixed assets28 | €4k | €4k | €4k | €4k | €4k | = |
| Current assets29/58 | €75k | €80k | €84k | €102k | €115k | ▲ 13.3% |
| Amounts receivable after more than one year29 | - | - | - | - | €110k | - |
| Other amounts receivable291 | - | - | - | - | €110k | - |
| Amounts receivable within one year40/41 | €53k | €79k | €84k | €101k | €3k | ▼ 97.0% |
| Other amounts receivable41 | €53k | €79k | €84k | €101k | €3k | ▼ 97.0% |
| Cash at bank and in hand54/58 | €21k | €1k | €241 | €1k | €2k | ▲ 99.7% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €325k | €331k | €335k | €352k | €366k | ▲ 3.8% |
| Equity10/15 | €121k | €143k | €166k | €185k | €208k | ▲ 12.1% |
| Contributions10/11 | €30k | €30k | €30k | €30k | €30k | = |
| Reserves13 | €91k | €113k | €135k | €155k | €178k | ▲ 14.5% |
| Non-distributable reserves130/1 | €3k | €3k | €3k | €0 | - | - |
| Reserves not available under the articles1311 | €3k | €3k | €3k | €0 | - | - |
| Distributable reserves133 | €88k | €110k | €132k | €155k | €178k | ▲ 14.5% |
| Profit (loss) carried forward14 | €203 | €281 | €407 | €335 | €205 | ▼ 38.8% |
| Amounts payable17/49 | €204k | €187k | €169k | €167k | €158k | ▼ 5.3% |
| Amounts payable after more than one year17 | €179k | €169k | €159k | €149k | €139k | ▼ 6.7% |
| Financial debts170/4 | €179k | €169k | €159k | €149k | €139k | ▼ 6.7% |
| Amounts payable within one year42/48 | €25k | €18k | €10k | €17k | €19k | ▲ 9.4% |
| Current portion of amounts payable after more than one year42 | €10k | €10k | €10k | €10k | €10k | = |
| Trade debts44 | - | €127 | €0 | - | €128 | - |
| Suppliers440/4 | - | €127 | €0 | - | €128 | - |
| Taxes, remuneration and social security45 | €15k | €8k | €0 | €7k | €9k | ▲ 20.4% |
| Taxes450/3 | €15k | €8k | €0 | €7k | €9k | ▲ 20.4% |
| Other amounts payable47/48 | €180 | €0 | - | - | - | - |
| Accrued charges and deferred income492/3 | €111 | €112 | €115 | €513 | €0 | ▼ 100% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €22k | €23k | €22k | €20k | €22k | ▲ 13.1% |
| Operating cash flow (approximation) | €22k | €23k | €22k | €20k | €22k | ▲ 13.1% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €0 | - |
| Change in cash | - | €-20k | €-795 | €953 | €1k | ▲ 25.0% |
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
03-02
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Equity above €200kEq €208k ▲12.1%
8 profitable years in a row build equity to €208k.
20-05
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 30 days late
2023
31-12
Financial
Equity above €150kEq €166k ▲15.4%
6 profitable years in a row build equity to €166k.
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 31 days late
2022
15-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Liquidity quadruplescurrent ratio 2.97
Current ratio from 0.71 to 2.97; short-term debt falls from €77k to €25k.
31-12
Financial
Equity above €100kEq €121k ▲22.2%
4 profitable years in a row build equity to €121k.
09-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 9 days late
2020
31-12
Financial
Weakest financial yearnet €19k ▼20.8%
Net result drops to €19k, the lowest in the series; recovery starts the following year.
14-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
Show earlier events
2019
31-12
Financial
Highest result since 2018net €24k ▲1.5%
Operating result €35k, net result €24k, both a record.
02-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
02-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
04-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
3 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Ieper · 1 establishment unit since 2007
Ground area
622 m²
Building footprint
132 m²
Parcel 33003B0815/00S000, Flanders. Linked by address, not a title deed.
14
companies at this address
See who is registered here
1 establishment unit
EMLO
since 20072.158.297.708
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 33003B0815/00S000 | Flanders | 622 m² | 1 · 132 m² | - |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Identification & contact
Identification
Legal formPrivate limited company
Founded19-12-2006
Fiscal year end31-12
Scores and ratios are computed by Checked and are not a credit decision.