EMOBEL
ActiveSummary
EMOBEL has been active since 1993 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €3.93M and a net result of €101k. Equity is growing by ~11.6% per year across the filed fiscal years. Its solvency ranks better than 70% of 4556 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability55▼-17
Solvency89▼-2
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €290k at 30 days acceptable
Liquidity short (current ratio 0.85 against 0.54 in 2024; short-term debt: 19.9% and cash: 0.6% of total assets), and 36.3% of the assets are financed with debt.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Real estate activities (NACE 68)
about 43% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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
63.7%
Return on assets
1.6%
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 09-07-2026, 22 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
22 d early
2024
11 d late
2023
27 d late
2022
31 d late
2021
25 d late
2020
19 d late
2019
18 d late
← 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
History
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€101k▼ 92.2%
2024 · €1.30M
Working capital
€-183k▲ 60.0%
2024 · €-456k
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€88k▲ 201%€94k▲ 6.3%€109k▲ 16.1%€187k▲ 72.6%€248k▲ 32.5%
Net result€15k€113k▲ 639%€10k▼ 91.4%€1.30M▲ 13,263%€101k▼ 92.2%
Equity€2.42M▲ 1.4%€2.53M▲ 4.7%€2.54M▲ 0.4%€3.83M▲ 51.0%€3.93M▲ 2.6%
Total assets€4.80M▼ 2.0%€4.66M▼ 2.8%€4.60M▼ 1.3%€5.84M▲ 26.9%€6.17M▲ 5.7%
Debt€2.29M▼ 4.6%€2.14M▼ 6.7%€2.06M▼ 3.4%€1.75M▼ 15.3%€1.99M▲ 14.1%
Working capital€-141k▲ 22.6%€157k€198k▲ 26.1%€-456k€-183k▲ 60.0%
Staff (FTE)0.30.5▲ 66.7%0.5=0.5=
Result per fiscal year
Operating resultNet result
The operating result has risen four years in a row; 2025 is 32% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €6.17M
Fixed assets
€5.13M ▼ 3.3%
Current assets
€1.04M ▲ 94.4%
Equity and liabilities €6.17M
Equity
€3.93M ▲ 2.6%
Provisions
€246k ▼ 5.1%
Debt
€1.99M ▲ 14.1%
Debt's share of the balance-sheet total rises from 29.9% to 32.3%. Equity and debt are higher.
Key figures and ratios
EBITDA
€422k▲
2024 · €361k
Cash flow
€274k▼
2024 · €1.47M
Current ratio
0.85▲
2024 · 0.54
Debt to equity
0.51▲
2024 · 0.46
ROE
2.6%▼
2024 · 33.8%
ROA
1.6%▼
2024 · 22.2%
Interest coverage
4.16▲
2024 · 3.10
Debt ≤ 1 year
€1.23M▲
2024 · €994k
Debt > 1 year
€500k=
2024 · €500k
Income taxes
€65k▲
2024 · €34k
Staff costs
€35k▲
2024 · €31k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €6k | €29k | €31k | €35k | ▲ 13.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €76k | €64k | €64k | €174k | €173k | ▼ 0.1% |
| Other operating charges640/8 | €4k | €4k | €4k | €7k | €4k | ▼ 45.5% |
| Non-recurring operating charges66A | - | €86k | €0 | - | - | - |
| Gross operating margin9900 | €168k | €254k | €206k | €399k | €461k | ▲ 15.5% |
| Operating profit (loss)9901 | €88k | €94k | €109k | €187k | €248k | ▲ 32.5% |
| Financial income75/76B | €7k | €7k | €9k | €1.28M | €6k | ▼ 99.6% |
| Recurring financial income75 | €7k | €7k | €9k | €9k | €6k | ▼ 34.6% |
| Non-recurring financial income76B | - | - | - | €1.27M | €0 | ▼ 100% |
| Financial charges65/66B | €83k | €83k | €108k | €151k | €101k | ▼ 32.7% |
| Recurring financial charges65 | €83k | €83k | €108k | €116k | €101k | ▼ 13.0% |
| Non-recurring financial charges66B | - | - | - | €34k | €0 | ▼ 100% |
| Profit (loss) for the period before taxes9903 | €11k | €18k | €10k | €1.32M | €153k | ▼ 88.4% |
| Transfer from deferred taxes780 | €4k | €95k | €0 | €13k | €13k | = |
| Income taxes67/77 | - | - | €116 | €34k | €65k | ▲ 94.6% |
| Profit (loss) for the period9904 | €15k | €113k | €10k | €1.30M | €101k | ▼ 92.2% |
| Transfer from tax-exempt reserves789 | €11k | €286k | €0 | €40k | €40k | = |
| Transfer to tax-exempt reserves689 | - | - | - | €818k | €0 | ▼ 100% |
| Profit (loss) for the period to be appropriated9905 | €27k | €399k | €10k | €517k | €140k | ▼ 72.9% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €4.80M | €4.66M | €4.60M | €5.84M | €6.17M | ▲ 5.7% |
| Fixed assets21/28 | €4.01M | €3.66M | €3.59M | €5.30M | €5.13M | ▼ 3.3% |
| Tangible fixed assets22/27 | €1.79M | €1.44M | €1.37M | €3.75M | €3.58M | ▼ 4.6% |
| Land and buildings22 | €1.78M | €1.43M | €1.37M | €3.75M | €3.58M | ▼ 4.6% |
| Furniture and vehicles24 | €2k | €1k | €171 | €0 | - | - |
| Other tangible fixed assets26 | €2k | €1k | €0 | - | - | - |
| Financial fixed assets28 | €2.22M | €2.22M | €2.22M | €1.55M | €1.55M | = |
| Current assets29/58 | €787k | €1.01M | €1.01M | €538k | €1.04M | ▲ 94.4% |
| Amounts receivable within one year40/41 | €761k | €911k | €991k | €505k | €1.01M | ▲ 99.8% |
| Trade receivables40 | €44k | €51k | €52k | €54k | €304k | ▲ 464% |
| Other amounts receivable41 | €717k | €861k | €939k | €451k | €705k | ▲ 56.2% |
| Cash at bank and in hand54/58 | €25k | €93k | €15k | €31k | €34k | ▲ 10.0% |
| Deferred charges and accrued income490/1 | €703 | €1k | €1k | €1k | €1k | ▲ 1.6% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €4.80M | €4.66M | €4.60M | €5.84M | €6.17M | ▲ 5.7% |
| Equity10/15 | €2.42M | €2.53M | €2.54M | €3.83M | €3.93M | ▲ 2.6% |
| Contributions10/11 | €870k | €870k | €870k | €870k | €870k | = |
| Capital10 | €870k | €870k | €870k | €870k | €870k | = |
| Issued capital100 | €870k | €870k | €870k | €870k | €870k | = |
| Reserves13 | €1.54M | €1.66M | €1.66M | €2.94M | €3.06M | ▲ 4.1% |
| Non-distributable reserves130/1 | €87k | €87k | €87k | €87k | €87k | = |
| Legal reserve130 | €87k | €87k | €87k | €87k | €87k | = |
| Tax-exempt reserves132 | €286k | €0 | - | €779k | €739k | ▼ 5.1% |
| Distributable reserves133 | €1.17M | €1.57M | €1.57M | €2.08M | €2.24M | ▲ 7.7% |
| Profit (loss) carried forward14 | €3k | €2k | €12k | €23k | €4k | ▼ 85.0% |
| Provisions and deferred taxes16 | €95k | €0 | - | €260k | €246k | ▼ 5.1% |
| Deferred taxes168 | €95k | €0 | - | €260k | €246k | ▼ 5.1% |
| Amounts payable17/49 | €2.29M | €2.14M | €2.06M | €1.75M | €1.99M | ▲ 14.1% |
| Amounts payable after more than one year17 | €1.26M | €1.22M | €1.18M | €500k | €500k | = |
| Financial debts170/4 | €1.26M | €1.22M | €1.18M | €500k | €500k | = |
| Amounts payable within one year42/48 | €928k | €849k | €810k | €994k | €1.23M | ▲ 23.5% |
| Current portion of amounts payable after more than one year42 | €46k | €38k | €37k | €0 | - | - |
| Financial debts43 | €5k | €0 | - | - | - | - |
| Credit institutions430/8 | €5k | €0 | - | - | - | - |
| Trade debts44 | €4k | €2k | €2k | €4k | €7k | ▲ 72.9% |
| Suppliers440/4 | €4k | €2k | €2k | €4k | €7k | ▲ 72.9% |
| Taxes, remuneration and social security45 | €7k | €9k | €15k | €17k | €27k | ▲ 55.1% |
| Taxes450/3 | €7k | €9k | €8k | €10k | €19k | ▲ 86.4% |
| Remuneration and social security454/9 | - | - | €6k | €7k | €8k | ▲ 11.1% |
| Other amounts payable47/48 | €867k | €800k | €756k | €973k | €1.19M | ▲ 22.7% |
| Accrued charges and deferred income492/3 | €102k | €66k | €69k | €253k | €265k | ▲ 5.0% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €15k | €113k | €10k | €1.30M | €101k | ▼ 92.2% |
| + Depreciation and write-downs630 | €76k | €64k | €64k | €174k | €173k | ▼ 0.1% |
| Operating cash flow (approximation) | €91k | €177k | €74k | €1.47M | €274k | ▼ 81.3% |
| Investment in fixed assets (approximation) | - | €289k | €0 | €-1.88M | €331 | ▲ 100% |
| Change in cash | - | €68k | €-78k | €16k | €3k | ▼ 80.5% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
More with these figures Sector benchmark What changed Value indication
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
09-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
11-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 11 days late
2024
27-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 27 days late
2023
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 31 days late
2022
25-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 25 days late
2021
31-12
Financial
Back to profitnet €15k
Net result €15k after one loss-making year.
19-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 19 days late
2020
18-08
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 18 days late
2019
31-12
Financial
Back to profitnet €1.32M
Net result €1.32M after one loss-making year.
31-12
Financial
Equity above €2MEq €2.43M ▲123%
Equity rises from €1.09M to €2.43M.
18-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 30 days late
2017
23-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 23 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 11 acts read
About the unread acts
We know of 11 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
11 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, Gent · 1 establishment unit since 2014
Ground area
384 m²
Building footprint
109 m²
Volume, LiDAR
8 m³
Parcel 44062D0257/00P000, Flanders · tallest building 2.5 m. Linked by address, not a title deed.
12
companies at this address
See who is registered here
1 establishment unit
Vennestraat 19, 9051 Gent
since 20142.239.226.192
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44062D0257/00P000 | Flanders | 384 m² | 1 · 109 m² | 2.5 m |
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.
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Of 9,143 companies in sector 68201 we hold annual accounts for 6,764. 3,472 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded28-10-1993
Fiscal year end31-12
Activities, NACEBEL 2025
68201Renting and operating of own or leased residential real estate, excluding social housing
77229Renting and leasing of other personal and household goods
Scores and ratios are computed by Checked and are not a credit decision.