Checked processes every Belgian company, act by act, from the Belgian Official Gazette. The data below is real and verified, this company's full, act-by-act verified dossier is still being assembled.
Summary
Conclusion
the dossier summarised in one paragraphThe computed 12-month bankruptcy probability of EMRAY is 18.3% (high). The 2023 annual accounts show negative equity (€-4k) and a net result of €-6k. The company has been active since 2022 and the Belgian State Gazette contains no insolvency signals. The CBE does carry 1 administrative register entry (see administrative flags).
Based on the State Gazette, CBE and 1 annual account.
Bankruptcy probability (12 mo)
Checked model v1 · free for everyoneStatistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
Insolvency timeline
1 eventsTrust signals
2 signalsAdministrative Flags
1 eventFinancials
Annual accounts & ratios
Source: NBB · 2023| Fiscal year | 2023 |
|---|---|
| Revenue | - |
| EBITDA | €-1k |
| Net profit | €-6k |
| Cash flow | €-1k |
| Staff costs | - |
| Income taxes | - |
| Dividends | - |
| Total assets | €25k |
| Equity | €-4k |
| Debt | €29k |
| of which ≤ 1y | €29k |
| of which > 1y | - |
| Working capital | €-24k |
| Employees (FTE) | - |
| 2023 | |
|---|---|
| Current ratio | 0.18 |
| Quick ratio | 0.18 |
| Working capital ratio | -96.3% |
| Solvency | -17.2% |
| Debt / equity | -6.81 |
| Long-term debt ratio | - |
| Interest coverage | - |
| Gross margin | - |
| Net margin | - |
| ROA | -25.3% |
| ROE | 146.9% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2023 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €25k |
| Fixed assets | 21/28 | €20k |
| Tangible fixed assets | 22/27 | €20k |
| Current assets | 29/58 | €5k |
| Amounts receivable within one year | 40/41 | €5k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €25k |
| Equity | 10/15 | €-4k |
| Contributions / capital | 10/11 | €2k |
| Accumulated profits (losses) | 14 | €-6k |
| Amounts payable | 17/49 | €29k |
| Amounts payable within one year | 42/48 | €29k |
| Income statement | ||
| Gross operating margin | 9900 | €-1k |
| Operating result | 9901 | €-6k |
| Result before taxes | 9903 | €-6k |
| Net result for the period | 9904 | €-6k |
| Result to be appropriated | 9905 | €-6k |
Health barometer
FY 2023 · computedUnlock the full score breakdown, per-year score history and the indicative credit limit with Plus.
See plans →Structure & network
Locations & real estate
Registered office
on the map · from the address registerEstablishment units
1 locationReal-estate footprint
Source: CBE × cadastre · address linkingParcels 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.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23095C0181/00Z011 | Flanders | 265 m² | 1 · 112 m² | 8.6 m · 3 fl. |
| 21906D0134/00M007 | Brussels | 207 m² | - | - |
Publications
Lifecycle & Insolvency Signals
1 event from the State GazetteTime machine: BS events + macro context
2021-2026Analysis
Snowflake analysis
financial profile on 5 axesMixed profile: strong on profitability, weaker on health.
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Credit advice
verdict per customer and amountCompany registry
Company registry (CBE)
Crossroads Bank| Legal nameNL | EMRAY |
- 30-06-2025 Address struck