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EMPET

Active
Private limited companyfounded 201610 yrs activeRootstraat(O) 37, 3630 Maasmechelen, BelgiumKBO/BCE: BE 0645.648.529
Summary

EMPET has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €681,600 and a net result of €100,910. Equity is growing by ~117.1% per year across the filed fiscal years. Its solvency ranks better than 51% of 9619 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.8% (low).

Checked score

Score 2024
Axes · tick = 2023
Profitability62▼-4
Solvency65▲+3
Growth78=
Track record100
Bankruptcy probability, 12 months
0.8% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €45,000 at 30 days acceptable
Liquidity ample (current ratio 2.64 against 1.62 in 2023; short-term debt: 25.9% and cash: 18.9% of total assets), but 60.4% of the assets are financed with debt.
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Signals

Two signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Retail trade (NACE 47)
about 45% more bankruptcies
← fewer bankruptcies more bankruptcies →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 16-07-2025, 15 days ahead of the deadline.
NBB · 9 filings
Deviation from the deadline
2025
not confirmed
2024
15 d early
2023
12 d early
2022
12 d early
2021
16 d early
2020
36 d early
2019
38 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 22 days before the deadline; the sector median for financial year 2024 is on the deadline day, and 46% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

EMPET was incorporated on 6 January 2016.1 Total assets rose from EUR 301,817 in 2018 to EUR 1.7 million in 2024 and headcount from 0.4 to 2.6 full-time equivalents.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2024

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Financials · fiscal year 2024, abbreviated schema

Equity
€681,600▲ 17.0%
2023 · €582,490
Total assets
€1.7m▲ 8.7%
2023 · €1.6m
Net result
€100,910▼ 6.1%
2023 · €107,462
Working capital
€728,269▲ 70.8%
2023 · €426,391
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20202021202220232024
Operating result€93,018▲ 56.5%€245,482▲ 164%€288,909▲ 17.7%€184,539▼ 36.1%€179,254▼ 2.9%
Net result€59,237within the sector's middle half▲ 42.7%€176,637above the sector's middle half▲ 198%€202,175above the sector's middle half▲ 14.5%€107,462within the sector's middle half▼ 46.8%€100,910within the sector's middle half▼ 6.1%
Equity€101,116within the sector's middle half▲ 133%€276,153within the sector's middle half▲ 173%€476,728within the sector's middle half▲ 72.6%€582,490within the sector's middle half▲ 22.2%€681,600within the sector's middle half▲ 17.0%
Total assets€731,138within the sector's middle half▲ 48.8%€1.2mwithin the sector's middle half▲ 68.9%€1.6mwithin the sector's middle half▲ 31.7%€1.6mwithin the sector's middle half▼ 2.7%€1.7mwithin the sector's middle half▲ 8.7%
Debt€630,022▲ 40.6%€958,922▲ 52.2%€1.2m▲ 20.0%€999,961▼ 13.1%€1.0m▲ 3.8%
Working capital€41,669▲ 435%€171,111▲ 311%€366,619▲ 114%€426,391▲ 16.3%€728,269▲ 70.8%
Solvency13.8%below the sector's middle half▲ 5.0pp22.4%within the sector's middle half▲ 8.5pp29.3%within the sector's middle half▲ 6.9pp36.8%within the sector's middle half▲ 7.5pp39.6%within the sector's middle half▲ 2.8pp
Staff (FTE)2within the sector's middle half▲ 81.8%2.6within the sector's middle half▲ 30.0%2.5within the sector's middle half▼ 3.8%2.6within the sector's middle half▲ 4.0%2.6within the sector's middle half=
above within below the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€100,000€200,000€300,000Operating result 2020: €93,018€93,018Net result 2020: €59,237€59,237Operating result 2021: €245,482€245,482Net result 2021: €176,637€176,637Operating result 2022: €288,909€288,909Net result 2022: €202,175€202,175Operating result 2023: €184,539€184,539Net result 2023: €107,462€107,462Operating result 2024: €179,254€179,254Net result 2024: €100,910€100,91020202021202220232024€0€100,000€200,000€300,000Operating result 2022: €288,909€289,000Net result 2022: €202,175€202,000Operating result 2023: €184,539€185,000Net result 2023: €107,462€107,000Operating result 2024: €179,254€179,000Net result 2024: €100,910€101,000202220232024
The operating result has fallen two years in a row; 2024 is 3% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.7m
Fixed assets €546,323 ▲ 16.4%
Current assets €1.2m ▲ 5.4%
Equity and liabilities €1.7m
Equity €681,600 ▲ 17.0%
Debt €1.0m ▲ 3.8%
Debt's share of the balance-sheet total falls from 63.2% to 60.4%. Equity and debt are higher.
Key figures and ratios
2024 value · change against 2023
EBITDA
€208,163▼
2023 · €209,304
Cash flow
€129,819▼
2023 · €132,227
Current ratio
2.64▲
2023 · 1.62
Quick ratio
1.20▲
2023 · 0.44
Debt to equity
1.52▼
2023 · 1.72
ROE
14.8%▼
2023 · 18.4%
ROA
5.9%▼
2023 · 6.8%
Interest coverage
4.32▼
2023 · 4.68
Debt ≤ 1 year
€444,885▼
2023 · €686,827
Debt > 1 year
€574,240▲
2023 · €297,150
Income taxes
€30,692▼
2023 · €33,178
Staff costs
€64,782▲
2023 · €60,126
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 34,672 companies that looked in July 2024 the way this one looks now, 0.6% went bankrupt within 24 months and 95% are still going.

  • Micro
  • 10 to 20 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.6% went bankrupt
3.9% stopped otherwise
95% still going

A further 0.2% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.8% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.6%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 34,672 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2024 against 2023 · 54 lines
Balance sheet Code20232024
Assets
Total assets20/58€1.6m€1.7m▲
Fixed assets21/28€469,233€546,323▲
Tangible fixed assets22/27€469,233€546,323▲
Land and buildings22€438,629€439,722▲
Plant, machinery and equipment23€28,478€24,690▼
Furniture and vehicles24€2,126€81,911▲
Current assets29/58€1.1m€1.2m▲
Stocks and contracts in progress3€808,172€639,295▼
Stocks30/36€808,172€639,295▼
Amounts receivable within one year40/41€73,303€200,396▲
Trade receivables40€54,133€164,266▲
Other amounts receivable41€19,170€36,130▲
Cash at bank and in hand54/58€221,193€325,191▲
Deferred charges and accrued income490/1€10,550€8,272▼
Equity and liabilities
Total equity and liabilities10/49€1.6m€1.7m▲
Equity10/15€582,490€681,600▲
Contributions10/11€18,600€18,600=
Reserves13€563,890€663,000▲
Distributable reserves133€563,890€663,000▲
Amounts payable17/49€999,961€1.0m▲
Amounts payable after more than one year17€297,150€574,240▲
Financial debts170/4€297,150€324,240▲
Other amounts payable178/9-€250,000
Amounts payable within one year42/48€686,827€444,885▼
Current portion of amounts payable after more than one year42€31,284€39,026▲
Financial debts43€279,494€29,421▼
Credit institutions430/8€250,000-
Other loans439€29,494€29,421▼
Trade debts44€97,924€215,050▲
Suppliers440/4€97,924€215,050▲
Taxes, remuneration and social security45€23,952€104,619▲
Taxes450/3€8,018€86,653▲
Remuneration and social security454/9€15,934€17,966▲
Other amounts payable47/48€254,173€56,769▼
Accrued charges and deferred income492/3€15,984€18,752▲
Income statement Code20232024
Remuneration, social security and pensions62€60,126€64,782▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€24,765€28,909▲
Other operating charges640/8€4,513€4,027▼
Gross operating margin9900€273,944€276,972▲
Operating profit (loss)9901€184,539€179,254▼
Financial income75/76B€814€517▼
Recurring financial income75€814€517▼
Financial charges65/66B€44,714€48,169▲
Recurring financial charges65€44,714€48,169▲
Profit (loss) for the period before taxes9903€140,640€131,602▼
Income taxes67/77€33,178€30,692▼
Profit (loss) for the period9904€107,462€100,910▼
Profit (loss) for the period to be appropriated9905€107,462€100,910▼
Appropriation of the result
Profit (loss) to be appropriated9906€107,462€100,910▼
Transfer to equity691/2€105,762€99,110▼
To other reserves6921€105,762€99,110▼
Profit to be distributed694/7€1,700€1,800▲
Return on contributions (dividend)694€1,700€1,800▲
Social balance
Average headcount (FTE)90872.62.6=

The notes to these accounts (17 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20202021202220232024Change
Remuneration, social security and pensions62-€66,974€67,237€60,126€64,782▲ 7.7%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€60,824€32,992€33,880€24,765€28,909▲ 16.7%
Other operating charges640/8-€7,659€5,966€4,513€4,027▼ 10.8%
Gross operating margin9900€192,671€353,107€395,992€273,944€276,972▲ 1.1%
Operating profit (loss)9901€93,018€245,482€288,909€184,539€179,254▼ 2.9%
Financial income75/76B-€548€1,155€814€517▼ 36.5%
Recurring financial income75€502€548€1,155€814€517▼ 36.5%
Financial charges65/66B-€19,391€21,803€44,714€48,169▲ 7.7%
Recurring financial charges65€16,946€19,391€21,803€44,714€48,169▲ 7.7%
Profit (loss) for the period before taxes9903€76,573€226,640€268,261€140,640€131,602▼ 6.4%
Income taxes67/77€17,336€50,002€66,085€33,178€30,692▼ 7.5%
Profit (loss) for the period9904€59,237€176,637€202,175€107,462€100,910▼ 6.1%
Profit (loss) for the period to be appropriated9905€59,237€176,637€202,175€107,462€100,910▼ 6.1%
Line20202021202220232024Change
Assets
Total assets20/58€731,138€1.2m€1.6m€1.6m€1.7m▲ 8.7%
Fixed assets21/28€342,851€459,138€458,497€469,233€546,323▲ 16.4%
Tangible fixed assets22/27€342,851€459,138€458,497€469,233€546,323▲ 16.4%
Land and buildings22-€416,298€426,742€438,629€439,722▲ 0.2%
Plant, machinery and equipment23-€38,976€28,760€28,478€24,690▼ 13.3%
Furniture and vehicles24-€3,864€2,995€2,126€81,911▲ 3,753%
Current assets29/58€388,287€775,937€1.2m€1.1m€1.2m▲ 5.4%
Stocks and contracts in progress3€205,618€455,109€721,983€808,172€639,295▼ 20.9%
Stocks30/36-€455,109€721,983€808,172€639,295▼ 20.9%
Amounts receivable within one year40/41€23,335€109,814€221,403€73,303€200,396▲ 173%
Trade receivables40-€109,814€211,408€54,133€164,266▲ 203%
Other amounts receivable41--€9,996€19,170€36,130▲ 88.5%
Cash at bank and in hand54/58€156,256€198,385€211,468€221,193€325,191▲ 47.0%
Deferred charges and accrued income490/1-€12,629€13,803€10,550€8,272▼ 21.6%
Equity and liabilities
Total equity and liabilities10/49€731,138€1.2m€1.6m€1.6m€1.7m▲ 8.7%
Equity10/15€101,116€276,153€476,728€582,490€681,600▲ 17.0%
Contributions10/11-€18,600€18,600€18,600€18,600=
Reserves13€82,516€257,553€458,128€563,890€663,000▲ 17.6%
Distributable reserves133-€257,553€458,128€563,890€663,000▲ 17.6%
Profit (loss) carried forward14-€31,571-----
Amounts payable17/49€630,022€958,922€1.2m€999,961€1.0m▲ 3.8%
Amounts payable after more than one year17€260,686€331,141€324,842€297,150€574,240▲ 93.2%
Financial debts170/4-€331,141€324,842€297,150€324,240▲ 9.1%
Other amounts payable178/9----€250,000-
Amounts payable within one year42/48€346,619€604,826€802,038€686,827€444,885▼ 35.2%
Current portion of amounts payable after more than one year42-€29,917€30,256€31,284€39,026▲ 24.7%
Financial debts43-€182,783€315,000€279,494€29,421▼ 89.5%
Credit institutions430/8-€125,000€250,000€250,000--
Other loans439-€57,783€65,000€29,494€29,421▼ 0.2%
Trade debts44€98,728€122,639€117,152€97,924€215,050▲ 120%
Suppliers440/4-€122,639€117,152€97,924€215,050▲ 120%
Taxes, remuneration and social security45-€75,414€87,752€23,952€104,619▲ 337%
Taxes450/3-€57,998€72,396€8,018€86,653▲ 981%
Remuneration and social security454/9-€17,416€15,355€15,934€17,966▲ 12.7%
Other amounts payable47/48-€194,073€251,879€254,173€56,769▼ 77.7%
Accrued charges and deferred income492/3-€22,954€23,546€15,984€18,752▲ 17.3%
Line20202021202220232024Change
Profit (loss) for the period9904€59,237€176,637€202,175€107,462€100,910▼ 6.1%
+ Depreciation and write-downs630€60,824€32,992€33,880€24,765€28,909▲ 16.7%
Operating cash flow (approximation)€120,061€209,629€236,055€132,227€129,819▼ 1.8%
Investment in fixed assets (approximation)--€149,279-€33,239-€35,501-€106,000▼ 199%
Change in cash-€42,129€13,083€9,724€103,998▲ 969%

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

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Timeline · acts, filings and financial milestones

2025
16-07
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
19-07
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial Equity above €500,000Eq €582,490 ▲22.2%
5 profitable years in a row build equity to €582,490.
19-07
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial Highest result since 2018net €202,175 ▲14.5%
Operating result €288,909, net result €202,175, both a record.
15-07
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial Equity above €200,000Eq €276,153 ▲173%
3 profitable years in a row build equity to €276,153.
25-06
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial Equity above €100,000Eq €101,116 ▲133%
2 profitable years in a row build equity to €101,116.
23-06
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial Back to profitnet €41,514
Net result €41,514 after one loss-making year.
25-06
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
05-10
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema · 66 days late
2017
28-09
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema · 59 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts

We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
4 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Maasmechelen · 1 establishment unit since 2016
seat establishment The establishment unit on the map
Ground area
2,179 m²
Building footprint
468 m²
Volume, LiDAR
2,172 m³
2 parcels, Flanders · tallest building 9.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
OZTANK
Oude Baan(M-O) 168, 3630 MaasmechelenNACE 45111
since 20162.251.654.862
2 parcels
Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
73060D0002/00B000 Flanders 1,496 m² 1 · 178 m² 6.8 m · 2 fl.
73096A0463/00A000 Flanders 683 m² 1 · 290 m² 9.9 m · 1 fl.
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Similar companies · same sector, comparable size

Of 10,664 companies in sector 47811 we hold annual accounts for 5,221. 3,247 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded06-01-2016
Fiscal year end31-12
Activities, NACEBEL 2025
47811Retail sale of cars and light vans (up to 3.5 tonnes)
47300Retail sale of automotive fuel
95311General maintenance and repair of cars and light vans (up to 3.5 tonnes)
49500Land transport and transport via pipelines
E-invoicing
Reachable via Peppol
Peppol ID 0208:0645648529
Also 9925:BE0645648529
Registered 27-11-2025

Register as of 27 September 2026 · Peppol Directory

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