EMS ELECT
ActiveSummary
The computed 12-month bankruptcy probability of EMS ELECT is 4.7% (elevated). The 2025 annual accounts show negative equity (-€42,954) and a net result of -€5,116. Equity is shrinking by ~79.2% per year across the filed fiscal years. Its solvency ranks better than 5% of 28184 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
Profitability5▲+5
Solvency0=
Growth58▲+26
Track record94
Bankruptcy probability, 12 months
4.7%
Elevated
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.29 against 0.34 in 2024; short-term debt: 232.7% and cash: 27.3% 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
-132.7%
Return on assets
-15.8%
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 -€42,954
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 27-05-2026, 65 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
65 d early
2024
43 d early
2023
29 d late
2022
227 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 37 days after 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
27-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
-€42,954▼ 13.5%
2024 · -€37,839
Total assets
€32,363▼ 12.1%
2024 · €36,817
Net result
-€5,116▲ 85.2%
2024 · -€34,605
Working capital
-€53,172▼ 11.5%
2024 · -€47,698
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
Operating result-€10,382--€11,337▼ 9.2%-€33,870▼ 199%€641
Net result-€10,775--€12,458▼ 15.6%-€34,605▼ 178%-€5,116▲ 85.2%
Equity€9,225--€3,233-€37,839▼ 1,070%-€42,954▼ 13.5%
Total assets€58,263-€54,872▼ 5.8%€36,817▼ 32.9%€32,363▼ 12.1%
Debt€49,038-€58,106▲ 18.5%€74,656▲ 28.5%€75,317▲ 0.9%
Working capital€3,886--€9,301-€47,698▼ 413%-€53,172▼ 11.5%
Staff (FTE)0.6
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €641 after a loss of €33,870 in 2024, the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €32,363
Fixed assets
€10,218 ▼ 17.8%
Current assets
€22,145 ▼ 9.2%
Key figures and ratios
EBITDA
€3,333▲
2024 · -€32,062
Cash flow
-€2,424▲
2024 · -€32,797
Solvency
-132.7%▼
2024 · -102.8%
Current ratio
0.29▼
2024 · 0.34
Quick ratio
0.22▼
2024 · 0.28
Debt to equity
-1.75▲
2024 · -1.97
ROA
-15.8%▲
2024 · -94.0%
Interest coverage
0.58▲
2024 · -19.57
Debt ≤ 1 year
€75,317▲
2024 · €72,080
Staff costs
€1,641▲
2024 · €730
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 7,663 companies that looked in July 2024 the way this one looks now, 8.2% went bankrupt within 24 months and 84% are still going.
- Micro
- 2 to 5 years old
- negative equity
- a loss of 10% of the balance sheet or more
8.2%
went bankrupt
5.4%
stopped otherwise
84%
still going
A further 2.0% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 4.7% 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%.
| 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 7,663 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
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €3,692 | €730 | €1,641 | ▲ 125% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €893 | €2,415 | €1,809 | €2,692 | ▲ 48.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | €225 | - |
| Other operating charges640/8 | €245 | €161 | €2,384 | €128 | ▼ 94.7% |
| Gross operating margin9900 | -€9,244 | -€5,069 | -€28,949 | €5,327 | ▲ 118% |
| Operating profit (loss)9901 | -€10,382 | -€11,337 | -€33,870 | €641 | ▲ 102% |
| Financial income75/76B | - | - | €903 | €39 | ▼ 95.6% |
| Recurring financial income75 | - | - | €903 | €39 | ▼ 95.6% |
| Financial charges65/66B | €393 | €1,121 | €1,638 | €5,796 | ▲ 254% |
| Recurring financial charges65 | €393 | €1,121 | €1,638 | €5,796 | ▲ 254% |
| Profit (loss) for the period before taxes9903 | -€10,775 | -€12,458 | -€34,605 | -€5,116 | ▲ 85.2% |
| Profit (loss) for the period9904 | -€10,775 | -€12,458 | -€34,605 | -€5,116 | ▲ 85.2% |
| Profit (loss) for the period to be appropriated9905 | -€10,775 | -€12,458 | -€34,605 | -€5,116 | ▲ 85.2% |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €58,263 | €54,872 | €36,817 | €32,363 | ▼ 12.1% |
| Fixed assets21/28 | €14,356 | €11,940 | €12,435 | €10,218 | ▼ 17.8% |
| Tangible fixed assets22/27 | €14,356 | €11,940 | €12,435 | €10,218 | ▼ 17.8% |
| Furniture and vehicles24 | €14,356 | €11,940 | €12,435 | €10,218 | ▼ 17.8% |
| Current assets29/58 | €43,907 | €42,932 | €24,382 | €22,145 | ▼ 9.2% |
| Stocks and contracts in progress3 | €1,807 | €3,121 | €4,020 | €5,695 | ▲ 41.7% |
| Stocks30/36 | €1,807 | €3,121 | €4,020 | €5,695 | ▲ 41.7% |
| Amounts receivable within one year40/41 | €37,486 | €34,765 | €13,631 | €6,603 | ▼ 51.6% |
| Trade receivables40 | €30,142 | €34,124 | €11,454 | €5,092 | ▼ 55.5% |
| Other amounts receivable41 | €7,344 | €641 | €2,178 | €1,511 | ▼ 30.6% |
| Cash at bank and in hand54/58 | €4,543 | €4,544 | €6,731 | €8,828 | ▲ 31.2% |
| Deferred charges and accrued income490/1 | €71 | €501 | - | €1,019 | - |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €58,263 | €54,872 | €36,817 | €32,363 | ▼ 12.1% |
| Equity10/15 | €9,225 | -€3,233 | -€37,839 | -€42,954 | ▼ 13.5% |
| Contributions10/11 | €20,000 | €20,000 | €20,000 | €20,000 | = |
| Profit (loss) carried forward14 | -€10,775 | -€23,233 | -€57,839 | -€62,954 | ▼ 8.8% |
| Amounts payable17/49 | €49,038 | €58,106 | €74,656 | €75,317 | ▲ 0.9% |
| Amounts payable after more than one year17 | €9,017 | €5,873 | €2,576 | - | - |
| Financial debts170/4 | €9,017 | €5,873 | €2,576 | - | - |
| Amounts payable within one year42/48 | €40,021 | €52,233 | €72,080 | €75,317 | ▲ 4.5% |
| Current portion of amounts payable after more than one year42 | €3,002 | €3,145 | €3,297 | €2,576 | ▼ 21.9% |
| Trade debts44 | €37,019 | €20,924 | €4,120 | €11,599 | ▲ 182% |
| Suppliers440/4 | €26,059 | €20,924 | €4,120 | €11,599 | ▲ 182% |
| Bills of exchange payable441 | €10,960 | - | - | - | - |
| Taxes, remuneration and social security45 | - | €9,203 | €11,616 | €1,734 | ▼ 85.1% |
| Taxes450/3 | - | €8,912 | €11,616 | €965 | ▼ 91.7% |
| Remuneration and social security454/9 | - | €291 | - | €768 | - |
| Other amounts payable47/48 | - | €18,961 | €53,046 | €59,408 | ▲ 12.0% |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€10,775 | -€12,458 | -€34,605 | -€5,116 | ▲ 85.2% |
| + Depreciation and write-downs630 | €893 | €2,415 | €1,809 | €2,692 | ▲ 48.9% |
| Operating cash flow (approximation) | -€9,882 | -€10,043 | -€32,797 | -€2,424 | ▲ 92.6% |
| Investment in fixed assets (approximation) | - | €0 | -€2,303 | -€475 | ▲ 79.4% |
| Change in cash | - | €1 | €2,186 | €2,097 | ▼ 4.1% |
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
27-05
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
18-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet -€34,605
Net result drops to -€34,605, the lowest in the series; recovery starts the following year.
29-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 29 days late
14-03
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 227 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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, Beaumont · 1 establishment unit since 2021
Ground area
1,847 m²
Building footprint
197 m²
Volume, LiDAR
954 m³
Parcel 56075C0880/00W000, Wallonia · tallest building 6.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
EMS ELECT
since 20212.326.255.780
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 56075C0880/00W000 | Wallonia | 1,847 m² | 1 · 197 m² | 6.4 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.
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Of 22,831 companies in sector 43211 we hold annual accounts for 10,329. 5,283 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
Founded24-12-2021
Fiscal year end31-12
Activities, NACEBEL 2025
43211General electrical installation work
33140Repair and maintenance of electrical equipment
42220Construction of utility projects for electricity and telecommunications
43212Electrical installation work in industrial facilities
73110Advertising agencies
Contact
E-mail
emselec@outlook.be
E-invoicing
Reachable via Peppol
Peppol ID
0208:0779349270
Registered
11-11-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.