Equity
€101,788 ▲ 0.3%
EMPE paid out €35,000 in dividends. That is 99% of the 2025 profit.
EMPE
Lifetime
20 annual accounts with figures on one time axis, 26 filings since 2000peak €407,835 (2022)
€398,489▲ 5.0%
lowest -€32,859 (2007)
€35,293▲ 33.9%
peak €101,788 (2025)
€101,788▲ 0.3%
€91,027▼ 12.5%
peak 9 FTE (2012)
-not published
Board4 names since 2021
3 directorsJACOBS Bart and 2 others
Owners
Documentsfilings and deeds
31-07-2026on the last day
2025micro format
Result from €26,349 to €35,293Dividend €35,000
Key points
from the 2025 annual accountsChecked score
95
Excellent
Financially stronger than 62% of micro companies in specialised construction (NACE 43)
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: 0.7% across 47,693 companies (NACE 43, micro).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.9%highest value
01-2025: 0.4%▼ -0.5 percentage points vs 12-2024
02-2025: 0.4%● unchanged vs 01-2025
03-2025: 0.4%● unchanged vs 02-2025
04-2025: 0.4%● unchanged vs 03-2025
05-2025: 0.4%● unchanged vs 04-2025
06-2025: 0.4%● unchanged vs 05-2025
07-2025: 0.4%● unchanged vs 06-2025
08-2025: 0.2%▼ -0.2 percentage points vs 07-2025
09-2025: 0.2%● unchanged vs 08-2025
10-2025: 0.2%● unchanged vs 09-2025
11-2025: 0.2%● unchanged vs 10-2025
12-2025: 0.2%● unchanged vs 11-2025
01-2026: 0.2%● unchanged vs 12-2025
02-2026: 0.2%● unchanged vs 01-2026
03-2026: 0.2%● unchanged vs 02-2026
04-2026: 0.2%● unchanged vs 03-2026
05-2026: 0.2%● unchanged vs 04-2026
06-2026: 0.2%● unchanged vs 05-2026
07-2026: 0.2%● unchanged vs 06-2026
08-2026: 0.1%▼ -0.1 percentage points vs 07-2026lowest value
09-2026: 0.1%● unchanged 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: Specialised construction activities (NACE 43)
lowers risk
Liquidity: current ratio 2.14, cash €109,443
Equity €101,788 (52.8% of total assets)
Founded in 1999
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 43, micro). It does better than 57% of them on solvency, 78% on liquidity, 78% on profitability and 36% 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 31-12-2025.
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 EMPE 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 EMPE itself: 0.1% 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 31,368 companies, not a prediction for EMPE. 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 €9,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 2.14 (2.08 in 2024), above the usual 1.5. Short-term debt is 41.9% and cash 56.8% of total assets. 47.2% 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
Five signals.
lowers riskraises riskneutral
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 31-07-2026, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
on the day
2024
on the day
2023
29 days late
2022
31 days late
2021
31 days late
2020
27 days late
2019
33 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 22 days after the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% 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 30 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
10-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
- LiBaWi 100%score 95equity €3.5m (2025) · 2024 annual accounts of LiBaWi
- Patrick JACOBS 100%annual accounts 2016
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0465939104
Registered office moved to Ninove
New registered office: Nederhasseltstraat 172, 9400 Ninove · Resignation: JACOBS Patrick (director) · Appointments: JACOBS Bart, JACOBS Wim and JACOBS Lieselotte · General meeting of 15-12-2022 · Gazette deed
First establishment
Nederhasseltstraat 172, Ninove
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| EMPE Ninove | €192,815 | €398,489 | 52.8% | - |
| EURO MET Liège | €219,978 | €354,393 | 49.5% | 5.8 |
| TECK & CO Puurs-Sint-Amands | €228,600 | €476,484 | -28.9% | 5.7 |
| M.G.C. Forest | €181,820 | €369,729 | 31.0% | 5.8 |
| A.S. KEUKENS Zandhoven | €254,392 | €309,437 | 36.4% | - |
| P.V.D. MENUISERIE Walcourt | €151,647 | €414,912 | 42.6% | - |
| E.V.C. Niel | €156,262 | €358,224 | 23.0% | 6.3 |
These companies have the same main activity as EMPE: joinery installation (NACE 43320). They are comparable in size and age: total assets between €152,000 and €254,000, founded between 1991 and 2003.
Official details
Source: KBO- Status
- Active since 23-04-1999Normal situation
- Activity
- Joinery installationNACE 43320
- Establishment unit
- 2.091.131.1469400 Ninove, since 25-05-1999
- Financial year end
- 31 December
- Peppol
- Reachable since 27-05-2025
Annual accounts 2025
- ≈ €1.1mestimated
- €192,815▼ 6.2%
- Employeeson 31-12-2025
- 5=
- Filing
- Filed on 31-07-2026, on the last day of the filing period
Insights on EMPE
EMPE files the micro format. That format states no turnover. The gross margin rose from €301,733 in 2006 to €398,489 in 2025.
LiBaWi holds all the shares. In December 2022, the Official Gazette published the appointment of JACOBS Lieselotte as managing director.
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 EMPE
- What is the company number of EMPE?
- The company number of EMPE is 0465.939.104. The VAT number is the same number with BE in front: BE 0465.939.104.
- Where is EMPE based?
- The registered office is at Nederhasseltstraat 172, 9400 Ninove.Company details
- What does EMPE do?
- According to the KBO register, the main activity is joinery installation (NACE 43320).
- What is the legal form of EMPE?
- EMPE is a private limited company (BV).
- When was EMPE founded?
- EMPE was founded on 23-04-1999.
- Is EMPE still active?
- Yes, EMPE is an active enterprise in the KBO register.
- How many employees does EMPE have?
- EMPE had an average of 4.9 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of EMPE?
- The turnover in financial year 2025 is ≈ €1.1m. This figure is estimated from the gross margin of €398,489 and 61 comparable companies (NACE 433). It probably lies between €840,000 and €1.5m. In financial year 2018 turnover was €295,608.
- Is EMPE profitable?
- In financial year 2025, EMPE made a profit of €35,293.
- Where can I find the annual accounts of EMPE?
- EMPE filed 27 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of EMPE due?
- EMPE must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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