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EMMAREM

Active
Private limited company (pre-2019)founded 2002active for 24 yearsCoupure 88, 9000 Gent, Belgium129 active companies are registered at this addressKBO/BCE: BE 0478.549.795
Summary

The computed 12-month bankruptcy probability of EMMAREM is at least 25% (high). For EMMAREM, at least two filing cycles of the annual accounts are missing. The 2023 annual accounts show negative equity (-€690,256) and a net result of -€472,163. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 5% of 8,503 sector peers (NACE 82, financial year 2023). The company has been active since 2002 and the Belgian Official Gazette contains no insolvency signals. The KBO does carry 1 administrative register entry (see administrative flags).

Financials · financial year 2023, micro format

2024 annual accounts not yet filed, deadline passed on 31 July 2025 Financial year closed on 31 December 2024; filing due at the latest 7 months after the close (Companies Code art. 3:10). 2 financial years without a filing since the last one filed. Source: NBB filings, as of 28 October 2026.

Equity
-€690,256▼ 216%
2022 · -€218,093
Total assets
€11,434▼ 98.9%
2022 · €1.0m
Net result
-€472,163▼ 20.1%
2022 · -€393,270
Working capital
-€690,256▲ 10.7%
2022 · -€773,330
Trend over the years

2019 to 2023, 5 financial years 2018 to 2023, 6 financial years

The operating result stays negative: a loss of €453,813 in 2023 against €373,758 in 2022; the loss grows and 2023 has the lowest result in the available series.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result-€0.5m 2023 Net result-€0.5m 2023

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 82, Office administrative, office support and other business support activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).

Every figure with its change against the financial year before
favourable unfavourable
Line201820192020202120222023
Operating result-€0.02m--€0.05m▼ 141%€0.02m€0.009m▼ 49.4%-€0.4m-€0.5m▼ 21.4%
Net result-€0.03m--€0.07m▼ 101%€0.004mwithin the sector's middle half€217below the sector's middle half▼ 95.1%-€0.4mbelow the sector's middle half-€0.5mbelow the sector's middle half▼ 20.1%
Equity€0.2m-€0.2m▼ 28.1%€0.2mwithin the sector's middle half▲ 2.6%€0.2mwithin the sector's middle half▲ 0.1%-€0.2mbelow the sector's middle half-€0.7mbelow the sector's middle half▼ 216%
Total assets€1.3m-€1.3m▼ 3.2%€1.3mwithin the sector's middle half▲ 1.3%€1.2mwithin the sector's middle half▼ 5.1%€1.0mabove the sector's middle half▼ 17.2%€0.01mbelow the sector's middle half▼ 98.9%
Debt€1.1m-€1.1m▲ 2.1%€1.1m▲ 1.1%€1.1m▼ 5.9%€1.2m▲ 16.7%€0.7m▼ 43.8%
Working capital-€0.3m--€0.4m▼ 26.8%-€0.4mbelow the sector's middle half▼ 6.6%-€0.4mbelow the sector's middle half▼ 0.1%-€0.8mbelow the sector's middle half▼ 95.9%-€0.7mbelow the sector's middle half▲ 10.7%
Solvency17.7%-13.2%▼ 4.5pp13.3%below the sector's middle half▲ 0.2pp14.1%below the sector's middle half▲ 0.7pp-21.2%below the sector's middle half▼ 35.2pp
Current ratio0.68-0.62▼ 0.060.62below the sector's middle half=0.61below the sector's middle half▼ 0.010.36below the sector's middle half▼ 0.250.02below the sector's middle half▼ 0.34
Return on assets (ROA)-2.5%--5.1%▼ 2.7pp0.3%within the sector's middle half▲ 5.5pp0.0%below the sector's middle half▼ 0.3pp-38.2%below the sector's middle half▼ 38.2pp
Staff (FTE)6.4-5.5▼ 14.1%6.1within the sector's middle half▲ 10.9%7.2within the sector's middle half▲ 18.0%
above within below the middle half of NACE 82, Office administrative, office support and other business support activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin not published: the abbreviated or micro format does not require them.
Key figures and ratios
2023 value · change against 2022
EBITDA
-€452,862▼
2022 · -€344,916
Cash flow
-€471,213▼
2022 · -€364,427
Interest coverage
-24.68▼
2022 · -17.55
Debt ≤ 1 year
€701,690▼
2022 · €1.2m
Staff costs
€71,314▼
2022 · €192,000
A ratio outside any meaningful range has been withheld (balance sheet total €11,434, equity -€690,256).
No debt to equity: equity is negative, so debt divided by equity means nothing.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2023 against 2022 · 49 lines
Balance sheet Code20222023
Assets
Total assets20/58€1.0m€0.01m▼
Fixed assets21/28€0.6m-
Intangible fixed assets21€0.04m-
Tangible fixed assets22/27€0.5m-
Land and buildings22€0.3m-
Plant, machinery and equipment23€0.2m-
Furniture and vehicles24€0.01m-
Other tangible fixed assets26€0.007m-
Financial fixed assets28€0.01m-
Current assets29/58€0.4m€0.01m▼
Stocks and contracts in progress3€0.2m-
Stocks30/36€0.2m-
Amounts receivable within one year40/41€0.2m€0.01m▼
Trade receivables40€0.08m-
Other amounts receivable41€0.08m€0.01m▼
Cash at bank and in hand54/58€0.09m€60▼
Equity and liabilities
Total equity and liabilities10/49€1.0m€0.01m▼
Equity10/15-€0.2m-€0.7m▼
Contributions10/11€0.5m€0.5m=
Reserves13€0.04m€0.04m=
Non-distributable reserves130/1€0.003m€0.003m=
Reserves not available under the articles1311€0.003m€0.003m=
Tax-exempt reserves132€0.04m€0.04m=
Distributable reserves133€0.004m€0.004m=
Profit (loss) carried forward14-€0.7m-€1.2m▼
Amounts payable17/49€1.2m€0.7m▼
Amounts payable after more than one year17€0.05m-
Financial debts170/4€0.05m-
Amounts payable within one year42/48€1.2m€0.7m▼
Current portion of amounts payable after more than one year42€0.01m-
Trade debts44€0.9m€0.1m▼
Suppliers440/4€0.9m€0.1m▼
Other amounts payable47/48€0.3m€0.6m▲
Income statement Code20222023
Non-recurring operating income76A-€0.05m
Remuneration, social security and pensions62€0.2m€0.07m▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0.03m€0.001m▼
Other operating charges640/8€0.02m€0.001m▼
Non-recurring operating charges66A-€0.09m
Gross operating margin9900-€0.1m-€0.3m▼
Operating profit (loss)9901-€0.4m-€0.5m▼
Financial income75/76B€147-
Recurring financial income75€147-
Financial charges65/66B€0.02m€0.02m▼
Recurring financial charges65€0.02m€0.02m▼
Profit (loss) for the period before taxes9903-€0.4m-€0.5m▼
Profit (loss) for the period9904-€0.4m-€0.5m▼
Profit (loss) for the period to be appropriated9905-€0.4m-€0.5m▼
Appropriation of the result
Profit (loss) to be appropriated9906-€0.7m-€1.2m▼
Profit (loss) brought forward from the previous period14P-€0.3m-€0.7m▼

The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line201820192020202120222023Change
Non-recurring operating income76A-----€45,738-
Remuneration, social security and pensions62---€190,301€192,000€71,314▼ 62.9%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€37,616€32,610€32,792€28,782€28,843€950▼ 96.7%
Other operating charges640/8---€4,301€24,116€1,000▼ 95.9%
Non-recurring operating charges66A-----€87,090-
Gross operating margin9900€192,961€156,364€233,725€232,879-€128,799-€293,459▼ 128%
Operating profit (loss)9901-€20,855-€50,327€18,748€9,494-€373,758-€453,813▼ 21.4%
Financial income75/76B---€1,345€147--
Recurring financial income75€1,097€84€216€1,345€147--
Financial charges65/66B---€10,622€19,659€18,350▼ 6.7%
Recurring financial charges65€13,302€16,173€14,544€10,622€19,659€18,350▼ 6.7%
Profit (loss) for the period before taxes9903-€33,060-€66,416€4,419€217-€393,270-€472,163▼ 20.1%
Income taxes67/77€84€83-€0----
Profit (loss) for the period9904-€33,144-€66,499€4,419€217-€393,270-€472,163▼ 20.1%
Profit (loss) for the period to be appropriated9905-€33,144-€66,499€4,419€217-€393,270-€472,163▼ 20.1%
Line201820192020202120222023Change
Assets
Total assets20/58€1.3m€1.3m€1.3m€1.2m€1.0m€0.01m▼ 98.9%
Formation expenses20€0.001m€0.001m€0.001m€316---
Fixed assets21/28€0.7m€0.7m€0.7m€0.6m€0.6m--
Intangible fixed assets21€0.04m€0.04m€0.04m€0.04m€0.04m--
Tangible fixed assets22/27€0.7m€0.6m€0.6m€0.6m€0.5m--
Land and buildings22---€0.3m€0.3m--
Plant, machinery and equipment23---€0.2m€0.2m--
Furniture and vehicles24---€0.01m€0.01m--
Other tangible fixed assets26---€0.01m€0.007m--
Financial fixed assets28€0.005m€0.005m€0.01m€0.01m€0.01m--
Current assets29/58€0.6m€0.6m€0.7m€0.6m€0.4m€0.01m▼ 97.3%
Stocks and contracts in progress3€0.4m€0.4m€0.4m€0.4m€0.2m--
Stocks30/36---€0.4m€0.2m--
Amounts receivable within one year40/41€0.1m€0.1m€0.2m€0.2m€0.2m€0.01m▼ 92.9%
Trade receivables40---€0.05m€0.08m--
Other amounts receivable41---€0.1m€0.08m€0.01m▼ 85.2%
Cash at bank and in hand54/58€0.03m€0.04m€0.03m-€0.09m€60▼ 99.9%
Deferred charges and accrued income490/1---€0.002m---
Equity and liabilities
Total equity and liabilities10/49€1.3m€1.3m€1.3m€1.2m€1.0m€0.01m▼ 98.9%
Equity10/15€0.2m€0.2m€0.2m€0.2m-€0.2m-€0.7m▼ 216%
Contributions10/11€0.5m€0.5m-€0.5m€0.5m€0.5m=
Reserves13€0.04m€0.04m€0.04m€0.04m€0.04m€0.04m=
Non-distributable reserves130/1---€0.003m€0.003m€0.003m=
Reserves not available under the articles1311---€0.003m€0.003m€0.003m=
Tax-exempt reserves132---€0.04m€0.04m€0.04m=
Distributable reserves133---€0.004m€0.004m€0.004m=
Profit (loss) carried forward14-€0.3m-€0.3m-€0.3m-€0.3m-€0.7m-€1.2m▼ 65.4%
Amounts payable17/49€1.1m€1.1m€1.1m€1.1m€1.2m€0.7m▼ 43.8%
Amounts payable after more than one year17€0.2m€0.1m€0.09m€0.06m€0.05m--
Financial debts170/4---€0.06m€0.05m--
Amounts payable within one year42/48€0.9m€1.0m€1.0m€1.0m€1.2m€0.7m▼ 41.6%
Current portion of amounts payable after more than one year42---€0.03m€0.01m--
Financial debts43---€0.2m---
Credit institutions430/8---€0.2m---
Trade debts44€0.6m€0.7m€0.8m€0.7m€0.9m€0.1m▼ 86.3%
Suppliers440/4---€0.7m€0.9m€0.1m▼ 86.3%
Taxes, remuneration and social security45---€0.03m---
Taxes450/3---€0.01m---
Remuneration and social security454/9---€0.02m---
Other amounts payable47/48---€0.05m€0.3m€0.6m▲ 115%
Line201820192020202120222023Change
Profit (loss) for the period9904-€33,144-€66,499€4,419€217-€393,270-€472,163▼ 20.1%
+ Depreciation and write-downs630€37,616€32,610€32,792€28,782€28,843€950▼ 96.7%
Operating cash flow (approximation)€4,472-€33,889€37,211€29,000-€364,427-€471,213▼ 29.3%
Investment in fixed assets (approximation)-€3,834-€13,206€1,868-€977--
Change in cash-€7,939-€10,984---€91,116-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Latest 10 of 21 filings with the National Bank
Financial year Type Filed Reference
31-12-2023 micro format 11-10-2026 2026-00556120
31-12-2022 micro format 11-10-2026 2026-00556133
31-12-2021 abbreviated format 20-02-2023 2023-00029011
31-12-2020 abbreviated format 17-08-2021 2021-50400461
31-12-2019 abbreviated format 22-07-2020 2020-32100042
31-12-2018 abbreviated format 27-06-2019 2019-23000315
31-12-2017 abbreviated format 31-08-2018 2018-59200137
31-12-2016 abbreviated format 28-08-2017 2017-49900107
31-12-2015 abbreviated format 26-08-2016 2016-48700513
31-12-2014 abbreviated format 13-08-2015 2015-42100217

Show all 21 filings

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This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of the 24,212 active companies whose main activity is other business support services (NACE 82990), figures are known for 9,701. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.