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EMP Construct

Active
Private limited companyfounded 2019active for 7 years81 active companies are registered at this addressKBO/BCE: BE 0727.561.564
Summary

The computed 12-month bankruptcy probability of EMP Construct is 9.9% (elevated). For EMP Construct, at least two filing cycles of the annual accounts are missing. The 2023 annual accounts show negative equity (-€15,288) and a net result of -€79,966. The figures fluctuate too strongly year-on-year for a reliable trend projection. The company has been active since 2019 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
Activity not known1 site
Size
€2.3mtotal assets 2023
Equity
-€15,288
Loss
-€79,966
Turnover not published (abbreviated or micro format)
Financial health
Bankruptcy probabilitywithin 12 months
9.9%
2023 figures too old to score
Structure
Accounts 447 days overdue1 of 5 deeds read
Signalsraises risk2 financial years not filed after the legal deadline; latest accounts 193 days late; 3 of the last 3 lateFigures for financial year 2023 (filed 09-02-2025)Negative equity -€15,288Two or more financial years not filedFiled more than 90 days latelowers riskSize: total assets €2.3mShow the evidence

Bankruptcy probability

No current score
Figures too old
The available figures for FY 2023 are too old to assess current financial health.
Bankruptcy probability: Elevated
Filing: At least two filing cycles are missing
Financial strength, FY 2023 · tick = 2022
Weak
Solvency 24-4
equity -0.7% of total assets
Liquidity 1-16
short-term debt 99.9% · cash 0.5%
Profitability 29-45
return on assets -3.5%
Bankruptcy probability, 12 months
9.9% Elevated
0%0.5%1.5%4%10%≥ 25%

About 1 in 10 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.3% (2,650 companies, NACE 43, small)
Last 24 months 11-2024: 10.3% 12-2024: 11.2%▲ +0.9 percentage points vs 11-2024 01-2025: 13.8%▲ +2.6 percentage points vs 12-2024 02-2025: 13.8%● unchanged vs 01-2025 03-2025: 6.8%▼ -7.0 percentage points vs 02-2025lowest value 04-2025: 7.2%▲ +0.4 percentage points vs 03-2025 05-2025: 7.6%▲ +0.4 percentage points vs 04-2025 06-2025: 7.8%▲ +0.2 percentage points vs 05-2025 07-2025: 7.8%● unchanged vs 06-2025 08-2025: 8.1%▲ +0.3 percentage points vs 07-2025 09-2025: 8.9%▲ +0.8 percentage points vs 08-2025 10-2025: 11.6%▲ +2.7 percentage points vs 09-2025 11-2025: 11.0%▼ -0.6 percentage points vs 10-2025 12-2025: 11.6%▲ +0.6 percentage points vs 11-2025 01-2026: 14.1%▲ +2.5 percentage points vs 12-2025highest value 02-2026: 14.1%● unchanged vs 01-2026highest value 03-2026: 9.4%▼ -4.7 percentage points vs 02-2026 04-2026: 8.7%▼ -0.7 percentage points vs 03-2026 05-2026: 8.7%● unchanged vs 04-2026 06-2026: 8.5%▼ -0.2 percentage points vs 05-2026 07-2026: 8.5%● unchanged vs 06-2026 08-2026: 9.9%▲ +1.4 percentage points vs 07-2026 09-2026: 9.9%● unchanged vs 08-2026 10-2026: 9.9%● unchanged vs 09-2026
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Signals

Six signals.
lowers riskraises risk
raises risk · 2 financial years not filed after the legal deadline; latest accounts 193 days late; 3 of the last 3 late
NBB · filings
raises risk · Figures for financial year 2023 (filed 09-02-2025)
NBB · annual accounts
raises risk · Negative equity -€15,288
NBB · annual accounts
lowers risk · Size: total assets €2.3m
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 4 filings
Position against the passed deadline
31-12-2024 year end31-07-2025 deadline21-10-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 09-02-2025, 193 days past the deadline. Measured on financial year 2023: of the companies more than 90 days late, 5.61% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers.
NBB · 4 filings
Deviation from the deadline
2025
not filed
2024
not filed
2023
193 days late
2022
163 days late
2021
59 days late
2020
19 days early
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 4 accounts on average 99 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2023 · abbreviated…
  2. Registered officeRegistered-office move
  3. Annual accounts filedfinancial year 2022 · micro…

Financials · financial year 2023, abbreviated format

2024 annual accounts not yet filed, deadline passed on 31 July 2025 Financial year closed on 31 December 2024; filing due at the latest 7 months after the close (Companies Code art. 3:10). 2 financial years without a filing since the last one filed. Source: NBB filings, as of 21 October 2026.

Equity
-€15,288
2022 · €64,678
Total assets
€2.3m▲ 15.8%
2022 · €2.0m
Net result
-€79,966
2022 · €75,705
Working capital
€2,553▼ 96.9%
2022 · €82,519
Trend over the years

2020 to 2023, 4 financial years

The operating result turns negative in 2023: a loss of €75,504 after €109,903 in 2022, the lowest result in the available series.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result-€0.08m 2023 Net result-€0.08m 2023

Use the arrow keys on the chart for the figures per year.

Every figure with its change against the financial year before
favourable unfavourable
Line2020202120222023
Operating result€0.04m--€0.03m€0.1m-€0.08m
Net result€0.01m--€0.04m€0.08m-€0.08m
Equity€0.03m--€0.01m€0.06m-€0.02m
Total assets€0.3m-€0.4m▲ 30.1%€2.0m▲ 348%€2.3m▲ 15.8%
Debt€0.3m-€0.5m▲ 46.2%€1.9m▲ 323%€2.3m▲ 20.5%
Working capital-€0.08m--€0.08m▼ 2.3%€0.08m€0.003m▼ 96.9%
Staff (FTE)4.5-6.7▲ 48.9%0.4▼ 94.0%
Turnover and EBIT margin not published: the abbreviated or micro format does not require them.
Key figures and ratios
2023 value · change against 2022
Solvency
-0.7%▼
2022 · 3.2%
Current ratio
1.00▼
2022 · 1.04
Quick ratio
0.21▼
2022 · 1.04
ROA
-3.5%▼
2022 · 3.8%
Debt ≤ 1 year
€2.3m▲
2022 · €1.9m
Debt > 1 year
€17,841=
2022 · €17,841
Income taxes
€1,868▼
2022 · €32,283
Staff costs
€427▼
2022 · €29,877
A ratio outside any meaningful range has been withheld (balance sheet total €2.3m, equity -€15,288).
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2023 against 2022 · 44 lines
Balance sheet Code20222023
Assets
Total assets20/58€2.0m€2.3m▲
Current assets29/58€2.0m€2.3m▲
Stocks and contracts in progress3-€1.8m
Stocks30/36-€1.8m
Amounts receivable within one year40/41€1.7m€0.5m▼
Trade receivables40€1.6m€0.5m▼
Other amounts receivable41€0.1m€0.02m▼
Cash at bank and in hand54/58€0.3m€0.01m▼
Deferred charges and accrued income490/1-€0.001m
Equity and liabilities
Total equity and liabilities10/49€2.0m€2.3m▲
Equity10/15€0.06m-€0.02m▼
Contributions10/11€0.02m€0.02m=
Profit (loss) carried forward14€0.04m-€0.04m▼
Amounts payable17/49€1.9m€2.3m▲
Amounts payable after more than one year17€0.02m€0.02m=
Financial debts170/4€0.02m€0.02m=
Amounts payable within one year42/48€1.9m€2.3m▲
Current portion of amounts payable after more than one year42€0.01m€0.002m▼
Financial debts43-€108
Credit institutions430/8-€108
Trade debts44€1.1m€0.2m▼
Suppliers440/4€1.1m€0.2m▼
Advances received on contracts in progress46€0.6m-
Taxes, remuneration and social security45€0.05m€0.05m▼
Taxes450/3€0.05m€0.05m▼
Remuneration and social security454/9€0.004m-
Other amounts payable47/48€0.2m€2.1m▲
Income statement Code20222023
Non-recurring operating income76A€0.07m-
Remuneration, social security and pensions62€0.03m€427▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0.002m-
Other operating charges640/8€0.04m€0.001m▼
Non-recurring operating charges66A€0.03m-
Gross operating margin9900€0.2m-€0.07m▼
Operating profit (loss)9901€0.1m-€0.08m▼
Financial income75/76B€10€0▼
Recurring financial income75€10€0▼
Financial charges65/66B€0.002m€0.003m▲
Recurring financial charges65€0.002m€0.003m▲
Profit (loss) for the period before taxes9903€0.1m-€0.08m▼
Income taxes67/77€0.03m€0.002m▼
Profit (loss) for the period9904€0.08m-€0.08m▼
Profit (loss) for the period to be appropriated9905€0.08m-€0.08m▼
Appropriation of the result
Profit (loss) to be appropriated9906€0.04m-€0.04m▼
Profit (loss) brought forward from the previous period14P-€0.03m€0.04m▲

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2020202120222023Change
Non-recurring operating income76A-€10,744€69,077--
Remuneration, social security and pensions62-€176,683€29,877€427▼ 98.6%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€50,147€39,327€1,556--
Other operating charges640/8-€51,017€43,173€1,004▼ 97.7%
Non-recurring operating charges66A-€14,996€33,236--
Gross operating margin9900€356,650€256,174€217,744-€74,073-
Operating profit (loss)9901€42,509-€25,848€109,903-€75,504-
Financial income75/76B-€1€10€0▼ 99.9%
Recurring financial income75€2,179€1€10€0▼ 99.9%
Financial charges65/66B-€2,127€1,925€2,594▲ 34.7%
Recurring financial charges65€2,505€2,127€1,925€2,594▲ 34.7%
Profit (loss) for the period before taxes9903€42,184-€27,975€107,988-€78,098-
Income taxes67/77€32,089€13,148€32,283€1,868▼ 94.2%
Profit (loss) for the period9904€10,095-€41,123€75,705-€79,966-
Profit (loss) for the period to be appropriated9905€10,095-€41,123€75,705-€79,966-
Line2020202120222023Change
Assets
Total assets20/58€0.3m€0.4m€2.0m€2.3m▲ 15.8%
Fixed assets21/28€0.1m€0.1m---
Tangible fixed assets22/27€0.1m€0.1m---
Plant, machinery and equipment23-€0.02m---
Furniture and vehicles24-€0.08m---
Current assets29/58€0.2m€0.3m€2.0m€2.3m▲ 15.8%
Stocks and contracts in progress3---€1.8m-
Stocks30/36---€1.8m-
Amounts receivable within one year40/41€0.2m€0.3m€1.7m€0.5m▼ 72.2%
Trade receivables40-€0.1m€1.6m€0.5m▼ 71.5%
Other amounts receivable41-€0.2m€0.1m€0.02m▼ 81.7%
Cash at bank and in hand54/58€0.008m€0.02m€0.3m€0.01m▼ 95.6%
Deferred charges and accrued income490/1---€0.001m-
Equity and liabilities
Total equity and liabilities10/49€0.3m€0.4m€2.0m€2.3m▲ 15.8%
Equity10/15€0.03m-€0.01m€0.06m-€0.02m-
Contributions10/11-€0.02m€0.02m€0.02m=
Profit (loss) carried forward14€0.01m-€0.03m€0.04m-€0.04m-
Amounts payable17/49€0.3m€0.5m€1.9m€2.3m▲ 20.5%
Amounts payable after more than one year17€0.03m€0.03m€0.02m€0.02m=
Financial debts170/4-€0.03m€0.02m€0.02m=
Amounts payable within one year42/48€0.3m€0.4m€1.9m€2.3m▲ 20.7%
Current portion of amounts payable after more than one year42-€0.01m€0.01m€0.002m▼ 83.3%
Financial debts43---€108-
Credit institutions430/8---€108-
Trade debts44€0.2m€0.2m€1.1m€0.2m▼ 84.0%
Suppliers440/4-€0.2m€1.1m€0.2m▼ 84.0%
Advances received on contracts in progress46-€0.1m€0.6m--
Taxes, remuneration and social security45-€0.06m€0.05m€0.05m▼ 9.9%
Taxes450/3-€0.05m€0.05m€0.05m▼ 2.7%
Remuneration and social security454/9-€0.01m€0.004m--
Other amounts payable47/48-€0.05m€0.2m€2.1m▲ 973%
Line2020202120222023Change
Profit (loss) for the period9904€10,095-€41,123€75,705-€79,966-
+ Depreciation and write-downs630€50,147€39,327€1,556--
Operating cash flow (approximation)€60,242-€1,796€77,261-€79,966-
Investment in fixed assets (approximation)-€0---
Change in cash-€9,840€253,304-€258,894-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (4)
Financial year Type Filed Reference
31-12-2023 abbreviated format 09-02-2025 2025-00031581
31-12-2022 micro format 10-01-2024 2024-00546478
31-12-2021 micro format 28-09-2022 2022-20438166
31-12-2020 micro format 12-07-2021 2021-34000302

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.

Directors

Directors
No directors read yet: 1 of 5 Gazette acts processed. See the directors and other office holders in the KBO →

Owners and capital

Owners

No owners or capital events in the accounts and acts we read.

History

EMP Construct was incorporated on 28 May 2019 as a private limited company.1 The registered office was moved to Brussel in 2024.2 Total assets rose from €341,864 in 2020 to €2.3m in 2023 and headcount from 4.5 full-time equivalents in 2020 to 0.4 in 2022.3

  1. 1KBO register
  2. 2Belgian Official Gazette, 26-02-2024
  3. 3National Bank, annual accounts 2020, 2022 and 2023

Acts, filings and financial milestones

2025
09-02
NBB filing Annual accounts filed
financial year 2023 · abbreviated format · 193 days late
2024
26-02
Gazette deed Registered office
Registered-office move2 facts ▸
  • General meeting, 10-01-2024
  • Registered-office move, Rue du Congres 37, 1000 Brussel
10-01
NBB filing Annual accounts filed
financial year 2022 · micro format · 163 days late
2023
31-12
Financial Weakest financial yearnet -€79,966
Net result drops to -€79,966, the lowest in the series.
2022
31-12
Financial Back to profitnet €75,705
Net result €75,705 after one loss-making year.
28-09
NBB filing Annual accounts filed
financial year 2021 · micro format · 59 days late
2021
12-07
NBB filing Annual accounts filed
financial year 2020 · micro format
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.
1 of 5 deeds read
About the unread acts

Of the 5 Belgian Official Gazette deeds we know for this company, 1 has been read. The other 4 have not been read yet: what they contain is neither established nor disproved here.

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Register details

Identification
Legal formPrivate limited company
Founded28-05-2019
Financial year end31-12
E-invoicing
Reachable via Peppol
Peppol ID 0208:0727561564
Also 9925:BE0727561564
Registered 31-10-2023

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 20 October 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.

Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.

Sites & property

Location & real-estate footprint
Registered office, Brussel · 1 establishment unit since 2019
registered office establishment The establishment unit on the map
Ground area
270 m²
Building footprint
188 m²
Building volume
4,053 m³
Parcel 21803C0244/00F002, Brussels · tallest building 24.5 m. Linked by address, not a title deed.
81 companies at this address See who is registered here
1 establishment unit
EMP Construct
Construction of roads and motorways
since 2019unit no. 2.289.604.628
1 parcel
Brussels 1 (100%)
Cadastral parcel Region Area Buildings Height / floors
21803C0244/00F002 Brussels 270 m² 1 · 188 m² 24.5 m · 7
How the parcels are linked
Good to know
The parcel matches the address exactly.