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EMMANUEL GHORAIN

Active
Private limited companyfounded 2005active for 21 yearsBuksboomstraat 34, 1170 Watermaal-Bosvoorde, BelgiumKBO/BCE: BE 0875.060.358
Summary

EMMANUEL GHORAIN has been active since 2005 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.7m and a net result of €214,504, of which €380,000 non-recurring income. Equity is growing by about 10% per year across the filed financial years. Its solvency ranks better than 95% of 498 sector peers (NACE 31, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

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EMMANUEL GHORAINActiveChecked score 97/100
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Overview

Activity
Manufacture of dining room, living room, bedroom and bathroom furniture
NACE 31004Funeral services NACE 96301
Largest company by equity in the Brussels-Capital Region, Furniture sector1 site
Size
€75,411turnover 2025
Equity
€1.7m
Profit
€214,504
Financial health
97 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.1%
Structure
2025 accounts 2 days early1 of 2 deeds summarised
Why 97raises risk1 of the last 3 lateSize: turnover €75,411, total assets €1.7mlowers riskLiquidity: current ratio 71.65, cash €1.7mEquity €1.7m (98.6% of total assets)Show the evidence

Checked score

Score 2025
97 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 77% of its sector peers (NACE 31, micro)
Every signal that counts is listed under Signals.
Financial strength · tick = 2024
Strong
Solvency 100=
equity 98.6% of total assets
Liquidity 100=
short-term debt 1.4% · cash 96.6%
Profitability 90+3
return on assets 12.5%
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.6% (830 companies, NACE 31, micro)
Last 24 months 11-2024: < 0.1% 12-2024: < 0.1%● unchanged vs 11-2024 01-2025: < 0.1%● unchanged vs 12-2024 02-2025: < 0.1%● unchanged vs 01-2025lowest value 03-2025: < 0.1%● unchanged vs 02-2025 04-2025: < 0.1%● unchanged vs 03-2025 05-2025: 0.1%▲ +0.1 percentage points vs 04-2025 06-2025: 0.1%● unchanged vs 05-2025 07-2025: 0.1%● unchanged vs 06-2025 08-2025: 0.1%● unchanged vs 07-2025 09-2025: 0.2%▲ +0.1 percentage points vs 08-2025 10-2025: 0.5%▲ +0.3 percentage points vs 09-2025highest value 11-2025: 0.5%● unchanged vs 10-2025highest value 12-2025: 0.3%▼ -0.2 percentage points vs 11-2025 01-2026: 0.3%● unchanged vs 12-2025 02-2026: 0.3%● unchanged vs 01-2026 03-2026: 0.2%▼ -0.1 percentage points vs 02-2026 04-2026: 0.3%▲ +0.1 percentage points vs 03-2026 05-2026: 0.1%▼ -0.2 percentage points vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026 07-2026: 0.1%● unchanged vs 06-2026 08-2026: 0.1%● unchanged vs 07-2026 09-2026: 0.1%● unchanged vs 08-2026 10-2026: 0.1%● unchanged vs 09-2026
Credit of up to €7,000 on 30-day terms is acceptable
Liquidity ample (current ratio 71.65, compared with 24.9 in 2024, above the usual 1.5; short-term debt: 1.4% and cash: 96.6% of total assets), and 1.4% of the assets are financed with debt and provisions.
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 31, micro): better than 91% on solvency, 98% on liquidity, 83% on profitability and 35% on growth.

The bankruptcy probability was computed on 27-10-2026 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).

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Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Liquidity: current ratio 71.65, cash €1.7m
NBB · annual accounts
lowers risk · Equity €1.7m (98.6% of total assets)
NBB · annual accounts
raises risk · 1 of the last 3 late
NBB · filings
raises risk · Size: turnover €75,411, total assets €1.7m
Companies of this size fail more often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 28-04-2026, 2 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
2 days early
2024
197 days late
2023
1 day early
2022
39 days early
2020
46 days early
2017
7 days late
2016
17 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 19 days after the deadline; the sector median (NACE 31) for financial year 2024 is 7 days before the deadline, and 37% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-09-2026 is due by 30-04-2027. Nothing is late today. The company usually files around 28 April (4 of the last 5 filed years within 44 days of that day).
Companies Code · seven months
Where today falls in the filing period
30-09-2026 year end28-10-2026 today30-04-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · micro…
  2. Annual accounts filedfinancial year 2024 · micro…
  3. Highest result from 2020 to 2025net €214,504 ▲48%

Key points

  • Caution: Turnover fell in 2025from €788,689 to €75,411 ▼ 90.4% View
  • Positive: Largest company by equity in the Brussels-Capital Region, Furniture sectorin the Checked rankings No. 1 View
  • Positive: 5 profitable years in a rowprofit 2025: €214,504, mostly one-off 5 years View

By topic

Financials

Financial year
2025
Turnover
€75,411
Profit
€214,504
Solvency
98.6%
Turnover▼ 90.4%
Net result
20202025
Go to Financials

Timeline

Events
21
Since
2007
Next accounts
by 30-04-2027
  1. 30-09-2025Liquidity more than doubled
  2. 29-04-2024Annual accounts filed
  3. 28-04-2023Reappointment: GHORAIN Emmanuel (director)
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Manufacture of dining room, living room, bedroom and…NACE 31004
Founded
13-07-2005
Year ends
30-09
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
26
Purpose
“Les activités de menuiserie et de charpenterie du bâtiment,la fabrication et le garnissage…” (deed in French)
Go to Articles of association

Key facts about EMMANUEL GHORAIN

What is the company number of EMMANUEL GHORAIN?
0875.060.358. In Belgium the VAT number is the company number with BE in front: BE 0875.060.358.
Where is EMMANUEL GHORAIN based?
The registered office is at Buksboomstraat 34, 1170 Watermaal-Bosvoorde.Company details
What does EMMANUEL GHORAIN do?
According to the KBO register, the main activity is manufacture of dining room, living room, bedroom and bathroom furniture (NACE 31004).
What is the legal form of EMMANUEL GHORAIN?
Private limited company (BV).
When was EMMANUEL GHORAIN founded?
On 13-07-2005.
Is EMMANUEL GHORAIN still active?
Yes, EMMANUEL GHORAIN is an active enterprise in the KBO register.
What is the turnover of EMMANUEL GHORAIN?
€75,411 in financial year 2025, according to the filed annual accounts.Financials
Is EMMANUEL GHORAIN profitable?
In financial year 2025, EMMANUEL GHORAIN made a profit of €214,504.
Where can I find the annual accounts of EMMANUEL GHORAIN?
EMMANUEL GHORAIN filed 17 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of EMMANUEL GHORAIN due?
By 30-04-2027, for financial year 2026.Timeline

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