EMS+
ActiveSummary
The computed 12-month bankruptcy probability of EMS+ is 5.9% (elevated). The 2025 annual accounts show negative equity (-€159,267) and a net result of -€5,378. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 5% of 2059 sector peers (fiscal year 2025). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability52▲+52
Solvency0=
Growth38▲+6
Track record94
Bankruptcy probability, 12 months
5.9%
Elevated
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.62 against 0.63 in 2024; short-term debt: 123.8% and cash: 2% of total assets), and equity is negative.
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Signals
Six signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
-47.7%
Return on assets
-1.6%
Age of the figures
9 mo
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
22232425
2022 to 2025 · latest year -€159,267
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 30-06-2026, 31 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
31 d early
2024
51 d early
2023
42 d early
2022
46 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 4 accounts on average 20 days before the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
26-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, full schema
Turnover
€26,285▼ 66.4%
2024 · €78,192
EBIT margin
9.9%▲ 198.9pp
2024 · -189.0%
Net result
-€5,378▲ 96.5%
2024 · -€155,671
Working capital
-€158,746▼ 3.2%
2024 · -€153,803
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line2022202320242025
Turnover€78,192€26,285▼ 66.4%
Operating result-€15,237--€2,520▲ 83.5%-€147,769▼ 5,763%€2,599
Net result-€15,526--€2,691▲ 82.7%-€155,671▼ 5,684%-€5,378▲ 96.5%
EBIT margin-189.0%9.9%▲ 198.9pp
Equity€4,474-€1,783▼ 60.2%-€153,888-€159,267▼ 3.5%
Total assets€4,544-€4,353▼ 4.2%€320,091▲ 7,254%€333,962▲ 4.3%
Debt€70-€2,570▲ 3,562%€473,979▲ 18,341%€493,229▲ 4.1%
Working capital€4,474-€1,783▼ 60.2%-€153,803-€158,746▼ 3.2%
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €2,599 after a loss of €147,769 in 2024, the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €333,962
Fixed assets
€79,315 ▲ 25.3%
Current assets
€254,647 ▼ 0.8%
Key figures and ratios
EBITDA
€10,983
Cash flow
€3,006
Solvency
-47.7%▲
2024 · -48.1%
Current ratio
0.62▼
2024 · 0.63
Quick ratio
0.02▲
2024 · 0.02
Debt to equity
-3.10▼
2024 · -3.08
ROA
-1.6%▲
2024 · -48.6%
Interest coverage
1.38
Debt ≤ 1 year
€413,393▲
2024 · €410,573
Debt > 1 year
€78,913▲
2024 · €63,321
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Turnover70 | - | - | €78,192 | €26,285 | ▼ 66.4% |
| Goods, raw materials, services and sundry goods60/61 | €14,255 | €2,036 | €225,341 | €14,859 | ▼ 93.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | - | - | €8,385 | - |
| Other operating charges640/8 | €983 | €484 | €620 | €600 | ▼ 3.2% |
| Gross operating margin9900 | -€14,255 | -€2,036 | -€147,149 | €11,583 | ▲ 108% |
| Operating profit (loss)9901 | -€15,237 | -€2,520 | -€147,769 | €2,599 | ▲ 102% |
| Financial income75/76B | - | - | €70 | - | - |
| Recurring financial income75 | - | - | €70 | - | - |
| Financial charges65/66B | €289 | €171 | €7,972 | €7,977 | ▲ 0.1% |
| Recurring financial charges65 | €289 | €171 | €7,972 | €7,977 | ▲ 0.1% |
| Profit (loss) for the period before taxes9903 | -€15,526 | -€2,691 | -€155,671 | -€5,378 | ▲ 96.5% |
| Profit (loss) for the period9904 | -€15,526 | -€2,691 | -€155,671 | -€5,378 | ▲ 96.5% |
| Profit (loss) for the period to be appropriated9905 | -€15,526 | -€2,691 | -€155,671 | -€5,378 | ▲ 96.5% |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €4,544 | €4,353 | €320,091 | €333,962 | ▲ 4.3% |
| Fixed assets21/28 | - | - | €63,321 | €79,315 | ▲ 25.3% |
| Tangible fixed assets22/27 | - | - | €63,321 | €79,315 | ▲ 25.3% |
| Plant, machinery and equipment23 | - | - | €63,321 | €79,315 | ▲ 25.3% |
| Current assets29/58 | €4,544 | €4,353 | €256,770 | €254,647 | ▼ 0.8% |
| Stocks and contracts in progress3 | - | - | €248,257 | €244,641 | ▼ 1.5% |
| Stocks30/36 | - | - | €248,257 | €244,641 | ▼ 1.5% |
| Amounts receivable within one year40/41 | €2,579 | €3,181 | €6,389 | €3,013 | ▼ 52.8% |
| Trade receivables40 | - | - | €6,151 | €3,013 | ▼ 51.0% |
| Other amounts receivable41 | €2,579 | €3,181 | €238 | €0 | ▼ 100% |
| Cash at bank and in hand54/58 | €1,965 | €1,172 | €2,123 | €6,814 | ▲ 221% |
| Deferred charges and accrued income490/1 | - | - | - | €179 | - |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €4,544 | €4,353 | €320,091 | €333,962 | ▲ 4.3% |
| Equity10/15 | €4,474 | €1,783 | -€153,888 | -€159,267 | ▼ 3.5% |
| Contributions10/11 | €20,000 | €20,000 | €20,000 | €20,000 | = |
| Capital10 | - | €20,000 | €20,000 | €20,000 | = |
| Issued capital100 | - | €20,000 | €20,000 | €20,000 | = |
| Profit (loss) carried forward14 | -€15,526 | -€18,217 | -€173,888 | -€179,267 | ▼ 3.1% |
| Amounts payable17/49 | €70 | €2,570 | €473,979 | €493,229 | ▲ 4.1% |
| Amounts payable after more than one year17 | - | - | €63,321 | €78,913 | ▲ 24.6% |
| Financial debts170/4 | - | - | €63,321 | €78,913 | ▲ 24.6% |
| Amounts payable within one year42/48 | €70 | €2,570 | €410,573 | €413,393 | ▲ 0.7% |
| Current portion of amounts payable after more than one year42 | - | - | - | €6,704 | - |
| Trade debts44 | €70 | €70 | €240,263 | €1,082 | ▼ 99.5% |
| Suppliers440/4 | €70 | €70 | €240,263 | €1,082 | ▼ 99.5% |
| Taxes, remuneration and social security45 | - | - | - | €160 | - |
| Taxes450/3 | - | - | - | €160 | - |
| Other amounts payable47/48 | - | €2,500 | €170,310 | €405,448 | ▲ 138% |
| Accrued charges and deferred income492/3 | - | - | €85 | €922 | ▲ 984% |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€15,526 | -€2,691 | -€155,671 | -€5,378 | ▲ 96.5% |
| + Depreciation and write-downs630 | - | - | - | €8,385 | - |
| Operating cash flow (approximation) | -€15,526 | -€2,691 | -€155,671 | €3,006 | ▲ 102% |
| Investment in fixed assets (approximation) | - | - | - | -€24,378 | - |
| Change in cash | - | -€793 | €951 | €4,691 | ▲ 393% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
21-08
State Gazette act
Resignation: Bart LAMBRECHT (director)Director discharge3 facts ▸
State Gazette act
Resignation: Bart LAMBRECHT (director)
Director discharge3 facts ▸
- General meeting, 05-06-2026
- Director resignation, Bart LAMBRECHT (director)
- Director discharge, Bart LAMBRECHT (director)
30-06
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
10-06
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Weakest financial yearnet -€155,671
Net result drops to -€155,671, the lowest in the series; recovery starts the following year.
19-06
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
15-09
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 46 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 4 acts read
About the unread acts
Of the 4 Belgian State Gazette acts we know for this company, 1 has been read. The other 3 have not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
no sitting director, last change in 2026
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
Not every act has been read: a resignation may be missing here
3 of this company's 4 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.
Location & real-estate footprint
Registered office, Sint-Pieters-Woluwe · 1 establishment unit since 2021
Ground area
1,376 m²
Building footprint
214 m²
Volume, LiDAR
1,442 m³
Parcel 21682C0016/00G016, Brussels · tallest building 11.8 m, ±2 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
OMES INVEST
since 20212.324.199.776
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21682C0016/00G016 | Brussels | 1,375 m² | 1 · 214 m² | 11.8 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Mandate history
1 person since 2026, 0 in office
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| Bart LAMBRECHT |
|
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Of 22,831 companies in sector 43211 we hold annual accounts for 10,327. 1,610 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
Founded22-09-2021
Fiscal year end31-12
Activities, NACEBEL 2025
43211General electrical installation work
27110Manufacture of electrical equipment
28210Manufacture of machinery and equipment not elsewhere classified
43240Other construction installation
Scores and ratios are computed by Checked and are not a credit decision.