Equity
€783,933 from €3.0m in 2024
Equity fell by 74% in 1 year.
EMOTEC
Lifetime
19 annual accounts with figures on one time axis, 28 filings since 1997peak €14.1m (2023)
€6.5m▼ 27.1%
lowest -€2.2m (2025)
-€2.2m▼ €2.2m
peak €3.0m (2024)
€783,933▼ 73.8%
€5.7m▲ 4.6%
peak 41.3 FTE (2009)
22.2 FTE▲ 14.4%
Board9 names since 2019
6 directorsEMERGO NV and 5 others
Owners
99.94%EMERGIMMO
Documentsfilings and deeds
08-10-202523 days before the deadline
2025financial year
Turnover from €8.9m to €6.5mLoss of €2.2mStaff from 19.4 FTE to 22.2 FTEEquity from €3.0m to €783,933
Key points
from the 2025 annual accountsResult
-€2.2m -€2.2m
From profit to loss in 2025, after a profit of €24,451 in 2024.
Debts
€5.7m 83% of the balance sheet
Financial debts 39%Suppliers 52%Taxes and wages 5%Other 4%
€257,177 of the debts are secured on the company's own assets. In 2023 that was €158,404.
Staff
22.2 FTE from 41.3 in 2009
Between 2009 and 2025, 46% of the full-time equivalents disappeared.
Payment terms
155 days to suppliers
EMOTEC pays its suppliers 24 days later than in 2024. Customers pay 5 days earlier.
Board
2 joined · 3 left
Board changed. Latest change 31-03-2026 · 3 in office.
2026 accounts not filed, 9 days past the deadline
Checked score
51
Fair
Financially stronger than 11% of small companies in fabricated metal products (NACE 25)
Probability in this band: 1.5% to 4.2%
Bankruptcy probability within 12 months
2.2% Moderate
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.3% across 748 companies (NACE 25, small).
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.3%lowest value
01-2025: 0.3%● unchanged vs 12-2024lowest value
02-2025: 0.3%● unchanged vs 01-2025lowest value
03-2025: 0.3%● unchanged vs 02-2025lowest value
04-2025: 0.3%● unchanged vs 03-2025lowest value
05-2025: 0.3%● unchanged vs 04-2025
06-2025: 0.3%● unchanged vs 05-2025
07-2025: 0.3%● unchanged vs 06-2025
08-2025: 0.3%● unchanged vs 07-2025
09-2025: 0.3%● unchanged vs 08-2025
10-2025: 0.3%● unchanged vs 09-2025
11-2025: 1.7%▲ +1.4 percentage points vs 10-2025
12-2025: 1.7%● unchanged vs 11-2025
01-2026: 1.7%● unchanged vs 12-2025
02-2026: 1.7%● unchanged vs 01-2026
03-2026: 1.7%● unchanged vs 02-2026
04-2026: 1.7%● unchanged vs 03-2026
05-2026: 1.7%● unchanged vs 04-2026
06-2026: 1.7%● unchanged vs 05-2026
07-2026: 1.7%● unchanged vs 06-2026
08-2026: 1.7%● unchanged vs 07-2026
09-2026: 1.7%● unchanged vs 08-2026
10-2026: 2.0%▲ +0.3 percentage points vs 09-2026
11-2026: 2.2%▲ +0.2 percentage points vs 10-2026highest value
Financial strengthWeak
Score breakdown
raises risk
Loss of €2.2m (financial year 2025)
Equity €783,933 (11.5% of total assets)
Sector: Manufacture of fabricated metal products, except machinery and equipment (NACE 25)
Founded in 1996
Calculation
The band follows from the bankruptcy probability. 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 25, small). It does better than 9% of them on solvency, 29% on liquidity, 2% on profitability and 4% on growth.
The bankruptcy probability was computed on 09-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-03-2025.
Of the companies with a bankruptcy probability in the moderate class on 30-06-2025, 2.4% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 307 companies had the same profile as EMOTEC has now. Each dot is one company, two years later.
88.9%
were still trading
5.2%
stopped another way
4.9%
went bankrupt
Another 1.0% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of EMOTEC itself: 2.2% within 12 months.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 307 companies, not a prediction for EMOTEC. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €35,000 on 30-day terms, only on tighter conditions
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity is ample, with a current ratio of 1.78 (1.65 in 2024), above the usual 1.5. Short-term debt is 50.8% and cash 7.5% of total assets. However, 88.5% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
raises riskneutral
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 10% of 834 sector peers (2025).
NBB · sector comparisonPosition among 834 sector peers
Solvency
better than 10%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 08-10-2025, 23 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2026
not filed
2025
23 days early
2024
10 days early
2023
29 days early
2022
40 days early
2021
37 days early
2020
58 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 6 accounts on average 33 days before the deadline. In the sector (NACE 25), the median for financial year 2024 was 7 days before the deadline, and 35% of those companies filed late.
Searched, nothing found (1)
Recent changes
2 directors appointed, 3 resignations
Resignations: EMERGO, SOPE CONSULTING (managing director) and DE WANNEMACKER Carla · Appointments: COPAS (director) and EMVARO (director) · Permanent representatives: Pierre-André SMETRYNS and Jeremy SCHUERMANS · Gazette deed
1 statutory auditor appointed
VGD BEDRIJFSREVISOREN BV (statutory auditor) · Permanent representatives: Bart ROOSE and Jozef DE NEEF · General meeting of 12-10-2023 · Gazette deed
1 director appointed, 1 resignation, 2 reappointments
Resignation: Paul DE NEEF (managing director) · Appointment: SOPE CONSULTING BV (managing director) · Permanent representatives: Paul DE NEEF and Jozef DE NEEF · General meeting of 06-02-2023 · Gazette deed
Amendment of the articles
Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| EMOTEC Puurs-Sint-Amands | €6.5m | -33.7% | 11.5% | 22.2 |
| BERTRAND MANUFACTURER Brussels | €6.3m | -11.9% | 1.5% | 33.7 |
| FIXINOX Charleroi | €7.7m | -3.0% | 69.0% | 41.7 |
| EUROPEAN TECHNO STEEL Londerzeel | €8.7m | -22.5% | 57.1% | 38.9 |
| TRAFIC-SIGNALISATION-SECURITE Mons | €10.4m | 13.7% | 56.1% | 38.9 |
| Nooyen Hechtel-Eksel | €10.6m | -1.5% | 32.2% | 36.2 |
| WELL PUMPS Fleurus | €4.0m | 5.8% | -6.7% | 11 |
Grey: the largest companies of the sector (fabricated metal products (NACE 25)), without their names. Blue: the sector peers from the table.
These companies have the same main activity as EMOTEC: manufacture of fabricated metal products, except machinery and equipment (NACE 25999). They are comparable in size and age: total assets between €3.8m and €8.2m, founded between 1984 and 1999.
Official details
Source: KBO- Status
- Active since 17-04-1996Normal situation
- Activity
- Manufacture of fabricated metal products, except machinery and equipmentNACE 25999and 2 others
- Joint committee
- 209White-collar workers in metal manufacturing · annual accounts 31-03-2025
- Establishment unit
- 2.076.465.2412870 Puurs-Sint-Amands, since 09-05-1996
- Financial year end
- 31 March
- Peppol
- Reachable
Annual accounts to 31-03-2025
- €6.8m▼ 27.3%
- Employeeson 31-03-2025
- 22▲ 10.0%
- Filing
- Filed on 08-10-2025
Companies linked to EMOTEC
Parent and group
Insights on EMOTEC
EMOTEC has existed since 1996. Turnover grew from €4.7m in 2007 to €6.5m in 2025, while staff fell from 39.7 to 22.2 full-time equivalents.
Solvency fell in 2025 from 31.9% to 11.5% because of the loss and higher long-term debts.
EMERGIMMO holds all the shares. In March 2026, three directors stepped down.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about EMOTEC
- What is the company number of EMOTEC?
- The company number of EMOTEC is 0457.852.767. The VAT number is the same number with BE in front: BE 0457.852.767.
- Where is EMOTEC based?
- The registered office is at Rijksweg 91, 2870 Puurs-Sint-Amands.Company details
- What does EMOTEC do?
- According to the KBO register, the main activity is manufacture of fabricated metal products, except machinery and equipment (NACE 25999).
- What is the legal form of EMOTEC?
- EMOTEC is a public limited company (NV).
- When was EMOTEC founded?
- EMOTEC was founded on 17-04-1996.
- Is EMOTEC still active?
- Yes, EMOTEC is an active enterprise in the KBO register.
- How many employees does EMOTEC have?
- EMOTEC had an average of 22.2 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does EMOTEC fall under?
- In its 31-03-2025 annual accounts, EMOTEC states joint committee 209 (White-collar workers in metal manufacturing).
- What is the turnover of EMOTEC?
- The turnover of EMOTEC was €6.5m in financial year 2025, according to the filed annual accounts.
- Is EMOTEC profitable?
- In financial year 2025, EMOTEC made a loss of €2.2m.
- Where can I find the annual accounts of EMOTEC?
- EMOTEC filed 28 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
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