EMMASITA

Active

Private limited companyfounded 2018active for 8 yearsFruitmarkt 24, 3500 Hasselt, BelgiumKBO/BCE: BE 0688.865.987

Summary

The computed 12-month bankruptcy probability of EMMASITA is 3.2% (moderate). The 2024 annual accounts show equity of €123,428 and a net result of -€6,684. Equity is growing by about 25% per year across the filed financial years. Its solvency ranks better than 77% of 18,739 sector peers (NACE 56, financial year 2024). The company has been active since 2018 and the Belgian Official Gazette contains no insolvency or warning signals.

Risk analysisFollow Report Compare

EMMASITAActiveChecked score 51/100

Risk analysis Report Compare

Activity

Limited-service restaurants, excluding mobile food services

NACE 56112Cafés and bars NACE 56301

4 sites

Size

€202,000total assets 2024

Staff: 4.7 FTE
Equity: €123,428
Loss: -€6,684

Turnover not published (micro format)

Financial health

51 Fair Checked score 2024

Bankruptcy probabilitywithin 12 months: 3.2%

Structure

Board: 4 members

2025 accounts not filed, 86 days past the deadline3 of 8 deeds summarised

Why 51raises riskFigures for financial year 2024 (filed 27-06-2025)Sector: Food and beverage service activities (NACE 56)Founded in 2018lowers riskLiquidity: current ratio 0.97, cash €44,730Show the evidence

Checked score

Score 2024

51 / 100

Fair

Probability in this band: 1.5% to 4.2%

Financially better than 55% of its sector peers (NACE 56, micro)

Every signal that counts is listed under Signals.

Financial strength · tick = 2023

Strong

Solvency 86+3

equity 61.1% of total assets

Liquidity 60+11

short-term debt 38.9% · cash 22.1%

Profitability 65-4

return on assets -3.3%

Bankruptcy probability, 12 months

3.2% Moderate

0%0.5%1.5%4%10%≥ 25%

About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.8% (23,756 companies, NACE 56, micro)

Last 24 months 11-2024: 1.1% 12-2024: 1.1%● unchanged vs 11-2024 01-2025: 1.1%● unchanged vs 12-2024 02-2025: 1.1%● unchanged vs 01-2025 03-2025: 1.1%● unchanged vs 02-2025 04-2025: 1.2%▲ +0.1 percentage points vs 03-2025 05-2025: 1.2%● unchanged vs 04-2025 06-2025: 1.2%● unchanged vs 05-2025 07-2025: 0.8%▼ -0.4 percentage points vs 06-2025 08-2025: 0.8%● unchanged vs 07-2025 09-2025: 0.7%▼ -0.1 percentage points vs 08-2025 10-2025: 0.7%● unchanged vs 09-2025 11-2025: 0.7%● unchanged vs 10-2025 12-2025: 0.7%● unchanged vs 11-2025 01-2026: 0.7%● unchanged vs 12-2025 02-2026: 0.7%● unchanged vs 01-2026 03-2026: 0.6%▼ -0.1 percentage points vs 02-2026lowest value 04-2026: 0.7%▲ +0.1 percentage points vs 03-2026 05-2026: 0.7%● unchanged vs 04-2026 06-2026: 0.6%▼ -0.1 percentage points vs 05-2026 07-2026: 0.8%▲ +0.2 percentage points vs 06-2026 08-2026: 1.3%▲ +0.5 percentage points vs 07-2026 09-2026: 1.7%▲ +0.4 percentage points vs 08-2026 10-2026: 3.2%▲ +1.5 percentage points vs 09-2026highest value

Credit of up to €6,000 on 30-day terms, only on tighter conditions: an expected filing is missing beyond Checked's processing allowance

Liquidity insufficient (current ratio 0.97, compared with 0.66 in 2023, below 1; short-term debt: 38.9% and cash: 22.1% of total assets), and 38.9% 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 56, micro): better than 77% on solvency, 64% on liquidity, 44% on profitability and 35% on growth.

The bankruptcy probability was computed on 24-10-2026 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

Six signals.

lowers riskraises riskneutral

Figures for financial year 2024 (filed 27-06-2025)

NBB · annual accounts

Sector: Food and beverage service activities (NACE 56)

KBO

Liquidity: current ratio 0.97, cash €44,730

NBB · annual accounts

Founded in 2018

Companies of this age fail more often than older ones; how much that weighs depends on the rest of its profile.

KBO

Annual accounts not filed

The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 86 days later.

NBB · 7 filings

Position against the passed deadline

31-12-2025 year end31-07-2026 deadline25-10-2026 today

Latest accounts filed on time

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 26-06-2025, 35 days ahead of the deadline.

NBB · 7 filings

Deviation from the deadline

2025

not filed

2024

35 days early

2023

on the day

2022

48 days early

2021

34 days early

2020

27 days late

2019

1 day early

← before the deadline after the deadline →

tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 15 days before the deadline; the sector median (NACE 56) for financial year 2024 is 6 days after the deadline, and 53% of those companies filed late.

Searched, nothing found (1)

No strike-offs in the KBO publications

Searched since 2021.

KBO publications · our coverage

07-10-2026 Appointments: Kurt Wouters (additional director) and…Gazette deed
26-06-2025 Annual accounts filedfinancial year 2024 · micro…
31-07-2024 Annual accounts filedfinancial year 2023 · micro…

Key points

Caution: 2025 accounts not fileddeadline was 31-07-2026 86 days past the deadline View
Caution: Staff fell in 2024from 8.6 FTE to 4.7 FTE ▼ 45.3% View
Positive: Among the best 18% on equitysector median €27,800 · 18,780 companies €123,428 View
New directorslatest change 01-07-2026 · 4 in office 2 joined View

By topic

Financials

Financial year: 2024
Total assets: €202,000
Loss: -€6,684
Solvency: 61.1%

Total assets▼ 10.7%

Net result

20182024

Go to Financials

Board & ownership

Board: 4 members

HULSMANS IsabelleDirector
PAESEN DirkDirector
Kurt WoutersDirector
Vincent PilottoDirector

Go to Board & ownership

Timeline

Events: 14
Since: 2019

18-01-2024Appointments: PAESEN Dirk (director) and HULSMANS Isabelle…
31-12-2023Back to profit
20-10-2023Resignations: Nick Deflem (director) and Caitlin Wittenberg…

Go to Timeline

Company details

Sites: 4

Legal form: Private limited company
Activity: Limited-service restaurants, excluding mobile food servicesNACE 56112
Founded: 25-01-2018
Year ends: 31-12
Peppol: Reachable for e-invoices

Go to Company details

Articles of association

Provisions read: 10

Who signs: Each director alone
Annual meeting: Second Thursday of June at 20:00
Purpose: “De verkrijging,de verhuur,het beheer en/of de uitbating voor eigen rekening,voor rekening…” (deed in Dutch)

Go to Articles of association

Key facts about EMMASITA

What is the company number of EMMASITA?: 0688.865.987. In Belgium the VAT number is the company number with BE in front: BE 0688.865.987.
Where is EMMASITA based?: The registered office is at Fruitmarkt 24, 3500 Hasselt.Company details
What does EMMASITA do?: According to the KBO register, the main activity is limited-service restaurants, excluding mobile food services (NACE 56112).
What is the legal form of EMMASITA?: Private limited company (BV).
When was EMMASITA founded?: On 25-01-2018.
Is EMMASITA still active?: Yes, EMMASITA is an active enterprise in the KBO register.
How many employees does EMMASITA have?: On average 4.7 full-time equivalents in financial year 2024, according to the filed annual accounts.Financials
What is the turnover of EMMASITA?: Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.
Is EMMASITA profitable?: In financial year 2024, EMMASITA made a loss of €6,684.
Where can I find the annual accounts of EMMASITA?: EMMASITA filed 7 annual accounts with the National Bank of Belgium, the latest for financial year 2024.