EMS CONSTRUCT

Active

Private limited companyfounded 2013active for 13 yearsRue Provinciale 256, 4458 Juprelle, BelgiumKBO/BCE: BE 0536.638.246

Summary

The computed 12-month bankruptcy probability of EMS CONSTRUCT is 5.8% (elevated). The 2024 annual accounts show equity of €13,528 and a net result of -€1,212. Equity is shrinking by about 8.2% per year across the filed financial years. Its solvency ranks better than 22% of 9,837 sector peers (NACE 41, financial year 2024). The company has been active since 2013 and the Belgian Official Gazette contains no insolvency or warning signals.

Risk analysisFollow Report Compare

EMS CONSTRUCTActiveChecked score 37/100

Risk analysis Report Compare

Activity

General construction of residential buildings

NACE 41001Other specialised construction activities NACE 43990

1 site

Size

€91,468total assets 2024

Staff: 1.1 FTE
Equity: €13,528
Loss: -€1,212

Turnover not published (micro format)

Financial health

37 Weak Checked score 2024

Bankruptcy probabilitywithin 12 months: 5.8%

Structure

Eric MICHEROUXDirector

2024 accounts filed 186 days late1 of 4 deeds summarised

Why 37raises risk1 financial year not filed after the legal deadline; last filed accounts filed 186 days late; 1 of the last 3 lateFigures for financial year 2024 (filed 04-02-2026)Sector: Construction of residential and non-residential buildings (NACE 41)lowers riskFounded in 2013Show the evidence

Checked score

Score 2024

37 / 100

Weak

Probability in this band: 4.2% to 15.0%

Financially better than 42% of its sector peers (NACE 41, micro)

Every signal that counts is listed under Signals.

Financial strength · tick = 2023

Average

Solvency 40+4

equity 14.8% of total assets

Liquidity 61-23

short-term debt 15.3% · cash 11.6%

Profitability 67-15

return on assets -1.3%

Bankruptcy probability, 12 months

5.8% Elevated

0%0.5%1.5%4%10%≥ 25%

About 6 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.5% (13,437 companies, NACE 41, micro)

Last 24 months 11-2024: 0.8% 12-2024: 0.7%▼ -0.1 percentage points vs 11-2024lowest value 01-2025: 0.8%▲ +0.1 percentage points vs 12-2024 02-2025: 1.1%▲ +0.3 percentage points vs 01-2025 03-2025: 1.3%▲ +0.2 percentage points vs 02-2025 04-2025: 1.5%▲ +0.2 percentage points vs 03-2025 05-2025: 1.6%▲ +0.1 percentage points vs 04-2025 06-2025: 2.3%▲ +0.7 percentage points vs 05-2025 07-2025: 3.2%▲ +0.9 percentage points vs 06-2025 08-2025: 3.2%● unchanged vs 07-2025 09-2025: 3.4%▲ +0.2 percentage points vs 08-2025 10-2025: 3.0%▼ -0.4 percentage points vs 09-2025 11-2025: 3.0%● unchanged vs 10-2025 12-2025: 3.0%● unchanged vs 11-2025 01-2026: 3.0%● unchanged vs 12-2025 02-2026: 4.1%▲ +1.1 percentage points vs 01-2026 03-2026: 3.4%▼ -0.7 percentage points vs 02-2026 04-2026: 3.4%● unchanged vs 03-2026 05-2026: 3.3%▼ -0.1 percentage points vs 04-2026 06-2026: 3.2%▼ -0.1 percentage points vs 05-2026 07-2026: 3.3%▲ +0.1 percentage points vs 06-2026 08-2026: 4.2%▲ +0.9 percentage points vs 07-2026 09-2026: 4.8%▲ +0.6 percentage points vs 08-2026 10-2026: 5.8%▲ +1.0 percentage point vs 09-2026highest value

Credit of up to €500 on 30-day terms, only on tighter conditions: elevated estimated bankruptcy probability calls for adjusted credit terms

Liquidity ample (current ratio 2.16, compared with 2.48 in 2023, above the usual 1.5; short-term debt: 15.3% and cash: 11.6% of total assets), but 85.2% of the assets are financed with debt and provisions.

How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 41, micro): better than 22% on solvency, 66% on liquidity and 38% on profitability.

The bankruptcy probability was computed on 26-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.

lowers riskraises risk

1 financial year not filed after the legal deadline; last filed accounts filed 186 days late; 1 of the last 3 late

NBB · filings

Figures for financial year 2024 (filed 04-02-2026)

NBB · annual accounts

Sector: Construction of residential and non-residential buildings (NACE 41)

KBO

Founded in 2013

Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.

KBO

Weak solvency vs sector

Solvency (equity / total assets) is in the sector's weakest quartile: better than 22% of 9837 sector peers (2024).

NBB · sector comparison

Position among 9837 sector peers

Solvency

better than 22%

← weakest strongest →

2024 accounts filed 186 days late

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 02-02-2026, 186 days past the deadline. Measured on financial year 2023: of the companies more than 90 days late, 5.61% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers.

NBB · 10 filings

Deviation from the deadline

2024

186 days late

2023

1 day early

2022

24 days late

2021

84 days late

2020

2 days late

2019

25 days early

2018

19 days late

← before the deadline after the deadline →

tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 41 days after the deadline; the sector median (NACE 41) for financial year 2024 is on the deadline day, and 46% of those companies filed late.

Searched, nothing found (1)

No strike-offs in the KBO publications

Searched since 2021.

KBO publications · our coverage

02-02-2026 Annual accounts filedfinancial year 2024 · micro…
30-01-2024 Annual accounts filedfinancial year 2023 · micro…
18-01-2024 Resignation: Eric MICHEROUX (director)Reappointment: Eric MICHEROUX (director) ·…

Key points

Caution: Latest accounts filed lateafter the legal deadline 186 days View
One director decidessole director in office 1 View
Total assets 20246 financial years filed €91,468 View

By topic

Financials

Financial year: 2024
Total assets: €91,468
Loss: -€1,212
Solvency: 14.8%

Total assets▼ 33.8%

Net result

20192024

Go to Financials

Board & ownership

Board: 1 member

Eric MICHEROUXDirector

Go to Board & ownership

Timeline

Events: 15
Since: 2015

30-06-2023Back to profit
24-02-2023Annual accounts filed
25-04-2022Annual accounts filed

Go to Timeline

Company details

Sites: 1

Legal form: Private limited company
Activity: General construction of residential buildingsNACE 41001
Founded: 12-07-2013
Year ends: 31-12
Peppol: Reachable for e-invoices

Go to Company details

Articles of association

Provisions read: 26

Annual meeting: 20 June at 19:00
Purpose: “L’achat, la vente, l’import-l’export, la fabrication, la location, le leasing, la…” (deed in French)

Go to Articles of association

Key facts about EMS CONSTRUCT

What is the company number of EMS CONSTRUCT?: 0536.638.246. In Belgium the VAT number is the company number with BE in front: BE 0536.638.246.
Where is EMS CONSTRUCT based?: The registered office is at Rue Provinciale 256, 4458 Juprelle.Company details
What does EMS CONSTRUCT do?: According to the KBO register, the main activity is general construction of residential buildings (NACE 41001).
What is the legal form of EMS CONSTRUCT?: Private limited company (BV).
When was EMS CONSTRUCT founded?: On 12-07-2013.
Is EMS CONSTRUCT still active?: Yes, EMS CONSTRUCT is an active enterprise in the KBO register.
How many employees does EMS CONSTRUCT have?: On average 1.1 full-time equivalents in financial year 2024, according to the filed annual accounts.Financials
What is the turnover of EMS CONSTRUCT?: Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.
Is EMS CONSTRUCT profitable?: In financial year 2024, EMS CONSTRUCT made a loss of €1,212.
Where can I find the annual accounts of EMS CONSTRUCT?: EMS CONSTRUCT filed 11 annual accounts with the National Bank of Belgium, the latest for financial year 2024.