Filings
19 annual accounts since 2007
Nine of the last ten came late. The 2019 accounts came latest: 35 days after the end of the period.
EMOTION
Lifetime
19 annual accounts with figures on one time axispeak €33,222 (2019)
€21,366▲ 341%
lowest -€34,745 (2009)
€9,642▲ €19,188
peak €68,972 (2025)
€68,972▲ 16.3%
€12,843▼ 48.2%
peak 0.2 FTE (2014)
-not published
Board2 names since 2023
1 directorCIDANAL Ferit
Documentsfilings and deeds
28-08-202628 days late
2025micro format
Gross margin from €4,844 to €21,366Back to profit: €9,642Equity from €59,329 to €68,972Debts from €24,798 to €12,843
Key points
from the 2025 annual accountsBoard
1 joined · 1 left
Board changed. Latest change 28-10-2026 · 1 in office.
Position in the sector
84.3%
Higher solvency than 93% of companies in food and beverage service. Sector median 29.5% · 17,162 companies.
Checked score
96
Excellent
Financially stronger than 81% of micro companies in food and beverage service (NACE 56)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 1.8% across 23,791 companies (NACE 56, micro).
About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.1%
01-2025: 0.1%● unchanged vs 12-2024
02-2025: 0.1%● unchanged vs 01-2025
03-2025: 0.1%● unchanged vs 02-2025
04-2025: 0.2%▲ +0.1 percentage points vs 03-2025
05-2025: 0.1%▼ -0.1 percentage points vs 04-2025
06-2025: 0.1%● unchanged vs 05-2025
07-2025: 0.2%▲ +0.1 percentage points vs 06-2025
08-2025: 0.4%▲ +0.2 percentage points vs 07-2025
09-2025: 0.4%● unchanged vs 08-2025
10-2025: 0.4%● unchanged vs 09-2025
11-2025: 0.4%● unchanged vs 10-2025
12-2025: 0.4%● unchanged vs 11-2025
01-2026: 0.4%● unchanged vs 12-2025
02-2026: 0.4%● unchanged vs 01-2026
03-2026: 0.4%● unchanged vs 02-2026
04-2026: 0.4%● unchanged vs 03-2026
05-2026: 0.4%● unchanged vs 04-2026
06-2026: 0.4%● unchanged vs 05-2026
07-2026: 0.4%● unchanged vs 06-2026
08-2026: 0.6%▲ +0.2 percentage points vs 07-2026highest value
09-2026: 0.1%▼ -0.5 percentage points vs 08-2026lowest value
10-2026: 0.1%● unchanged vs 09-2026lowest value
11-2026: 0.1%● unchanged vs 10-2026lowest value
Financial strengthStrong
Score breakdown
raises risk
Sector: Food and beverage service activities (NACE 56)
Size: total assets €81,815
lowers risk
Liquidity: current ratio 3.84, cash €46,004
Equity €68,972 (84.3% of total assets)
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 56, micro). It does better than 94% of them on solvency, 96% on liquidity, 70% on profitability and 62% on growth.
The bankruptcy probability was computed on 10-11-2026 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 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% 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, 31,368 companies had the same profile as EMOTION has now. Each dot stands for 79 companies, two years later.
93.5%
were still trading
5.9%
stopped another way
0.5%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of EMOTION itself: 0.1% within 12 months.
Test of the method
The method was tested on the 497,448 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 31,368 companies, not a prediction for EMOTION. 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 €6,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 3.84 (2.59 in 2024), above the usual 1.5. Short-term debt is 15.7% and cash 56.2% of total assets. 15.7% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises risk
raises risk · 2025 accounts filed 28 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filingsDeviation from the deadline
2025
28 days late
2024
on the day
2023
29 days late
2022
22 days late
2021
30 days late
2020
27 days late
2019
35 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 24 days after the deadline. In the sector (NACE 56), the median for financial year 2024 was 7 days after the deadline, and 53% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 28 August (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
11-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
- Ferit CIDANALdeed of 28-10-2026
- ILCZUK Katarzyna 185 sharesdeed of 28-10-2026
- BOUGRINE Belal 1 sharedeed of 28-10-2026
Recent changes
New director
ILCZUK Katarzyna appointed, Ferit CIDANAL resigned · Transfer of 185 shares from Ferit CIDANAL to ILCZUK Katarzyna · Transfer of 1 share from Ferit CIDANAL to BOUGRINE Belal · General meeting of 30-09-2026 · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0883481344
Change of role: CIDANAL Ferit, from manager to director
General meeting of 07-12-2023 · Gazette deed
First establishment
NEW CHARLES, Keizer Karellaan 17-19, Ganshoren
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| EMOTION Ganshoren | €81,815 | €21,366 | 84.3% | - |
| BRASSERIE DU PARC Molenbeek-Saint-Jean | €74,828 | €19,432 | -147.7% | - |
| MIGRAF Sint-Gillis (bij-Brussel) | €72,963 | €20,694 | -14.2% | - |
| MD CREATION Watermael-Boitsfort | €74,973 | €19,262 | 3.0% | - |
| WALHALLA Izegem | €84,164 | €19,791 | 0.2% | - |
| HET NIEUWE MEIHOF Antwerp | €75,581 | €20,660 | 67.4% | - |
| ZHANO Ninove | €91,777 | €25,738 | 93.4% | - |
These companies have the same main activity as EMOTION: cafés and bars (NACE 56301). They are comparable in size and age: total assets between €73,000 and €91,800, founded between 2005 and 2009.
Official details
Source: KBO- Status
- Active since 13-09-2006Normal situation
- Activity
- Cafés and barsNACE 56301
- Establishment unit
- 2.156.226.2621083 Ganshoren, since 25-09-2006
- Financial year end
- 31 December
- Peppol
- Reachable since 17-12-2025
Insights on EMOTION
EMOTION files the micro format. That format states no turnover. The gross margin rose from -€12,948 in 2007 to €21,366 in 2025.
The balance sheet grew most in 2012 through fixed assets.
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 EMOTION
- What is the company number of EMOTION?
- The company number of EMOTION is 0883.481.344. The VAT number is the same number with BE in front: BE 0883.481.344.
- Where is EMOTION based?
- The registered office is at Keizer Karellaan 17-19, 1083 Ganshoren.Company details
- What does EMOTION do?
- According to the KBO register, the main activity is cafés and bars (NACE 56301).
- What is the legal form of EMOTION?
- EMOTION is a private limited company (BV).
- When was EMOTION founded?
- EMOTION was founded on 13-09-2006.
- Is EMOTION still active?
- Yes, EMOTION is an active enterprise in the KBO register.
- What is the turnover of EMOTION?
- The turnover in financial year 2025 is ≈ €220,000. This figure is estimated from the gross margin of €21,366 and 100 comparable companies (NACE 56301). It probably lies between €110,000 and €480,000. It is a rough estimate.Financials
- Is EMOTION profitable?
- In financial year 2025, EMOTION made a profit of €9,642.
- Where can I find the annual accounts of EMOTION?
- EMOTION filed 19 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of EMOTION due?
- EMOTION must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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