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EMRA

Active
Private limited companyfounded 2018active for 8 yearsQuai Saint-Léonard 36i, 4000 Liège, BelgiumKBO/BCE: BE 0695.570.271

From the official registers: KBO 8 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

EMRA has been active since 2018 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€50,356) and a net result of -€27,625. Equity fluctuates too strongly from year to year to read a trend from it. Its solvency ranks better than 15% of 3,710 sector peers (NACE 01, financial year 2025). The computed 12-month bankruptcy probability is 0.9% (low).

Overview

Official details

KBO
Status
Active since 27-04-2018 Normal situation
Activity
Raising of other animals NACE 01480and 3 others
Establishment units
2.278.079.147 4000 Liège, since 27-04-2018
2.339.623.667 4000 Liège, since 01-01-2020
Financial year end
31 December
Peppol
Reachable since 04-02-2026

Board and ownership

Board
  • SZABO RafaellaDirector · since 27-04-2018
  • MARKOWICK MichaëlDirector · since 16-07-2018

Financial position

53 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
0.9%
Annual accounts 2025
Gross margin
-€689
Loss
€27,625
▲ 18.8%
Equity
-€50,356
▼ 122%
Total assets
€637,184
▲ 42.1%
Turnover not published (micro format)
Filed on 03-07-2026, 28 days before the deadlineat the National Bank
Score breakdownraises riskCapped at 59: negative equityLiquidity: current ratio 0.16, cash €700, halvedNegative equity -€50,356lowers riskSize: total assets €637,184Sector: Crop and animal production, hunting and related service activities (NACE 01)Show the evidence

Checked score

Score 2025
53 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 8% of micro companies in crop and animal production (NACE 01)
Negative equity caps the score at 59. Every signal that counts is listed under Signals.
Financial strength · tick: 2024
Weak
Solvency 17-3
equity -7.9% of total assets
Liquidity 0-3
short-term debt 102.3% · cash 0.1%
Profitability 13+1
return on assets -4.3%
Bankruptcy probability within 12 months
0.9% Low
0%0.5%1.5%4%10%≥ 25%

About 9 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (5,697 companies, NACE 01, micro)
Last 24 months 11-2024: 1.3% 12-2024: 1.3%● unchanged vs 11-2024 01-2025: 1.2%▼ -0.1 percentage points vs 12-2024 02-2025: 1.2%● unchanged vs 01-2025 03-2025: 1.2%● unchanged vs 02-2025 04-2025: 1.2%● unchanged vs 03-2025 05-2025: 1.3%▲ +0.1 percentage points vs 04-2025 06-2025: 1.3%● unchanged vs 05-2025 07-2025: 1.3%● unchanged vs 06-2025 08-2025: 1.8%▲ +0.5 percentage points vs 07-2025 09-2025: 1.8%● unchanged vs 08-2025 10-2025: 1.8%● unchanged vs 09-2025 11-2025: 1.8%● unchanged vs 10-2025 12-2025: 1.7%▼ -0.1 percentage points vs 11-2025 01-2026: 1.7%● unchanged vs 12-2025 02-2026: 1.7%● unchanged vs 01-2026 03-2026: 1.7%● unchanged vs 02-2026 04-2026: 1.7%● unchanged vs 03-2026 05-2026: 1.9%▲ +0.2 percentage points vs 04-2026highest value 06-2026: 1.7%▼ -0.2 percentage points vs 05-2026 07-2026: 0.7%▼ -1.0 percentage point vs 06-2026lowest value 08-2026: 0.8%▲ +0.1 percentage points vs 07-2026 09-2026: 0.9%▲ +0.1 percentage points vs 08-2026 10-2026: 0.9%● unchanged vs 09-2026
No credit on open account
Liquidity is insufficient, with a current ratio of 0.16 (0.09 in 2024), below 1. Short-term debt is 102.3% and cash 0.1% of total assets. Equity is negative.
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 01, micro). It does better than 13% of them on solvency, 1% on liquidity, 13% on profitability and 3% on growth.

The bankruptcy probability was computed on 31-10-2026 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.

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).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Six signals.
lowers riskraises riskneutral
raises risk · Liquidity: current ratio 0.16, cash €700, halved
NBB · annual accounts
lowers risk · Size: total assets €637,184
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Negative equity -€50,356
NBB · annual accounts
lowers risk · Sector: Crop and animal production, hunting and related service activities (NACE 01)
KBO
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
1819202122232425
2018 to 2025 · latest year -€50,356
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 03-07-2026, 28 days ahead of the deadline.
NBB · 8 filings
Deviation from the deadline
2025
28 days early
2024
31 days early
2023
8 days early
2022
31 days late
2021
31 days late
2020
61 days late
2019
42 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 14 days after the deadline. In the sector (NACE 01), the median for financial year 2024 was 3 days before the deadline, and 37% 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 24 July (5 of the last 5 accounts filed within 38 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
01-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Risk: Negative equitydebts exceed assets in financial year 2025 -€50,356 View
  • Risk: 3 loss-making years in a rowloss in financial year 2025 -€27,625 View
  • Caution: Less equity than 90% of companies in crop and animal productionsector median €82,726 · 3,711 companies -€50,356 View

Comparable companies

These companies have the same main activity as EMRA: raising of other animals (NACE 01480). They are comparable in size and age: total assets between €100,000 and €843,000, founded between 2007 and 2023.

CompanyTotal assetsGross margin
EMRA Liège€637,184-€689
HVH Ranst€297,639-€59,226
TINYTLE Pecq€458,627-€2,719
Huyzentruyt Pigeon Loft Anzegem€842,815€178
PETER OTTE Bièvre€241,394-€14,452
NOBLE WHITE Ciney€100,376€675
HEMVEE Temse€771,378-
Full comparison

Documents

Annual accounts at the NBB

All 8 annual accounts

Acts in the Belgian Official Gazette

All publications in the Belgian Official Gazette

Articles and registers

Key facts about EMRA

What is the company number of EMRA?
The company number of EMRA is 0695.570.271. The VAT number is the same number with BE in front: BE 0695.570.271.
Where is EMRA based?
The registered office is at Quai Saint-Léonard 36i, 4000 Liège.Company details
What does EMRA do?
According to the KBO register, the main activity is raising of other animals (NACE 01480).
What is the legal form of EMRA?
The legal form of EMRA is Private limited company (BV).
When was EMRA founded?
EMRA was founded on 27-04-2018.
Is EMRA still active?
Yes, EMRA is an active enterprise in the KBO register.
What is the turnover of EMRA?
The annual accounts for financial year 2025 state no turnover. The micro format does not require it. In financial year 2019 turnover was €0.Financials
Is EMRA profitable?
In financial year 2025, EMRA made a loss of €27,625.
Where can I find the annual accounts of EMRA?
EMRA filed 8 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts at the National Bank
When are the next annual accounts of EMRA due?
EMRA must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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