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EMP Construct

Active
Private limited company·Bouwrijp maken van terreinen· 7 yrs active
KBO/BCE: BE 0727.561.564
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Age7 yrs

Summary

Conclusion

the dossier summarised in one paragraph

The computed 12-month bankruptcy probability of EMP Construct is 3.9% (moderate). The 2023 annual accounts show negative equity (€-15k) and a net result of €-80k. The figures fluctuate too strongly year-on-year for a reliable trend projection. The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 4 annual accounts.

Bankruptcy probability (12 mo)

Checked model v1 · free for everyone
3.9% Moderate
0%0,5%1,5%4%10%≥25%
Young company +Annual accounts: weaker financial profile +Higher-failure-rate sector +

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Signals

1 signal · with evidence
Negative equity
Equity is negative for financial year 2023: liabilities exceed assets. This is the trigger point of the alarm-bell procedure (Belgian CAC).
View the annual accounts

Signals are derived from the filed annual accounts and the sector comparison. No composite score: each signal is separately verifiable at the source.

Trust signals

3 signals
More than 3 years active
Founded in 2019, past the statistically most fragile first 3 years.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad.
Administratively compliant
No FOD Economie strikeouts (UBO, accounts, address, activity).

Administrative Flags

0 events
No administrative flags

Financials

TurnoverNot published (abbreviated filing)
EBIT marginNot published (abbreviated filing)
Net result€-80k
Working capital€3k-96.9%

Annual accounts & ratios

Source: NBB · 2023
Annual accounts filed on 09-02-2025 with the NBB · fiscal year 2023 · verkort
€-100k€-50k€0€50k€100kOperating result 2020: €43k€43kNet result 2020: €10k€10kOperating result 2021: €-26k€-26kNet result 2021: €-41k€-41kOperating result 2022: €110k€110kNet result 2022: €76k€76kOperating result 2023: €-76k€-76kNet result 2023: €-80k€-80k2020202120222023
Operating resultNet result
Trajectory (indicative)
Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.
volatile Too volatile to project: the yearly deviation from the trend is ~72% of the level (threshold 35%). We therefore deliberately show no projection line.
€-20k€0€20k€40k€60k2020: €30k2021: €-11k2022: €65k2023: €-15k2020202120222023
How do we compute this?

The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.

The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.

A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).

EBITDA
€111k
+727.0% 20-23
Net profit
€-80k
- 20-23
Cash flow
€77k
- 20-23
Total assets
€2.31M
+15.8% 20-23
Equity
€-15k
- 20-23
Working capital
€3k
-96.9% 20-23
Employees (FTE)
0
-94.0% 20-23
Staff costs
€427
-98.6% 20-23
Income taxes
€2k
-94.2% 20-23
Debt
€2.32M
+20.5% 20-23
Debt ≤ 1y
€2.30M
+20.7% 20-23
Debt > 1y
€18k
0.0% 20-23
Current ratio
1.00
-4.0% 20-23
Quick ratio
0.21
-79.6% 20-23
Solvency
-0.7%
- 20-23
Debt / equity
-151.86
- 20-23
ROE
523.1%
+346.9% 20-23
ROA
-3.5%
- 20-23
Interest coverage
57.89
+813.6% 20-23
Figures by fiscal year
Fiscal year2023
Revenue-
EBITDA-
Net profit€-80k
Cash flow-
Staff costs€427
Income taxes€2k
Dividends-
Total assets€2.31M
Equity€-15k
Debt€2.32M
of which ≤ 1y€2.30M
of which > 1y€18k
Working capital€3k
Employees (FTE)-
Ratios (computed)
2023
Current ratio1.00
Quick ratio0.21
Working capital ratio0.1%
Solvency-0.7%
Debt / equity-151.86
Long-term debt ratio-1.17
Interest coverage-
Gross margin-
Net margin-
ROA-3.5%
ROE523.1%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2023
Balance sheet, Assets
TOTAL ASSETS 20/58€2.31M
Current assets 29/58€2.31M
Stocks & contracts in progress 3€1.81M
Amounts receivable within one year 40/41€479k
Cash & bank 54/58€12k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€2.31M
Equity 10/15€-15k
Contributions / capital 10/11€20k
Accumulated profits (losses) 14€-35k
Amounts payable 17/49€2.32M
Amounts payable after one year 17€18k
Amounts payable within one year 42/48€2.30M
Trade debts payable within one year 44€174k
Income statement
Gross operating margin 9900€-74k
Operating result 9901€-76k
Financial income 75€0
Financial charges 65€3k
Result before taxes 9903€-78k
Income taxes 67/77€2k
Net result for the period 9904€-80k
Result to be appropriated 9905€-80k
You're seeing the latest fiscal year only. Unlock 3 prior years (figures + ratios) with a paid plan. See plans →
Ratios computed by Checked.

Health barometer

FY 2023 · computed
32 / 100 Weak
050100

Unlock the full score breakdown, per-year score history and the indicative credit limit with Plus.

See plans →
Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative, not credit advice.

Structure & network

Locations & real estate

Establishment units

1 location
EMP Construct
Bouw van autowegen en andere wegen
since 20192.289.604.628
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Parcels1
Ground area270 m²
Buildings1
Building footprint188 m²
Volume (LiDAR)4,053 m³
Tallest building24.5 m · ±7 fl.

Real-estate footprint

Source: CBE × cadastre · address linking

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Brussels 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21803C0244/00F002 Brussels 270 m² 1 · 188 m² 24.5 m · 7 fl.
Methodology
via registered seat: 1
1 of 1 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Analysis

Snowflake analysis

financial profile on 5 axes
Health32Profitability100Solvency44Growth32Stability100
62 / 100

Strong profile, led by profitability.

Health 32
Profitability 100
Solvency 44
Growth 32
Stability 100

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Credit advice

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Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.

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Company registry

Company registry (CBE)

Crossroads Bank
Activities
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Primary activity highlighted.
Names & trade names
Legal nameNL EMP Construct
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.