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EMSELI

Inactive
Public limited companyfounded 1995Bollenstraat 12, 8800 Roeselare, BelgiumKBO/BCE: BE 0455.316.317

Inactive since 06-08-2026; last annual accounts for fiscal year 2025. Dissolved and wound up in a single deed on 07-07-2026; books and records kept in Roeselare.

Signals

1 signal. The signal on the left, the evidence on the right.
○neutral
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 28-04-2026, 2 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
2 d early
2023
16 d late
2022
11 d late
2021
31 d late
2020
19 d late
2019
27 d late
2018
20 d 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 17 days after the deadline; the sector median for financial year 2023 is 5 days before the deadline, and 38% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

EMSELI was incorporated on 9 June 1995.1 Total assets fell from EUR 326,434 in 2018 to EUR 30,618 in 2025.2 In 2026 the company was dissolved and its liquidation closed in a single deed.3

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2025
  3. 3Belgian State Gazette, 14-08-2026

Go further with this company

Investigating this company? Keep it with today's facts in a case file.

Financials · fiscal year 2025, micro schema

Equity
€23,982▼ 41.5%
2023 · €40,997
Total assets
€30,618▼ 46.4%
2023 · €57,129
Net result
-€17,015▼ 140%
2023 · -€7,094
Working capital
€14,444▼ 50.3%
2023 · €29,084
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 68, Real estate activities, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20202021202220232025
Operating result€837▲ 2,481%€51,979▲ 6,113%€16,250▼ 68.7%-€6,890-€16,586-
Net result-€996within the sector's middle half▲ 28.1%€60,852above the sector's middle half€6,907within the sector's middle half▼ 88.7%-€7,094within the sector's middle half-€17,015below the sector's middle half-
Equity-€19,668below the sector's middle half▼ 5.3%€41,184within the sector's middle half€48,091within the sector's middle half▲ 16.8%€40,997within the sector's middle half▼ 14.8%€23,982within the sector's middle half-
Total assets€287,628within the sector's middle half▼ 6.0%€304,493within the sector's middle half▲ 5.9%€73,253below the sector's middle half▼ 75.9%€57,129below the sector's middle half▼ 22.0%€30,618below the sector's middle half-
Debt€307,296▼ 5.4%€263,309▼ 14.3%€25,163▼ 90.4%€16,132▼ 35.9%€6,636-
Working capital€89,770within the sector's middle half▲ 14.7%€265,612above the sector's middle half▲ 196%€33,634within the sector's middle half▼ 87.3%€29,084within the sector's middle half▼ 13.5%€14,444within the sector's middle half-
Solvency-6.8%below the sector's middle half▼ 0.7pp13.5%within the sector's middle half▲ 20.4pp65.6%above the sector's middle half▲ 52.1pp71.8%above the sector's middle half▲ 6.1pp78.3%above the sector's middle half-
Current ratio5.42above the sector's middle half▲ 2.2313.76above the sector's middle half▲ 8.342.34within the sector's middle half▼ 11.432.80within the sector's middle half▲ 0.473.18above the sector's middle half-
Return on assets (ROA)-0.3%within the sector's middle half▲ 0.1pp20.0%above the sector's middle half▲ 20.3pp9.4%above the sector's middle half▼ 10.6pp-12.4%below the sector's middle half▼ 21.8pp-55.6%below the sector's middle half-
above within below the middle half (P25 to P75) of NACE 68, Real estate activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€20,000€0€20,000€40,000€60,000Operating result 2020: €837€837Net result 2020: -€996-€996Operating result 2021: €51,979€51,979Net result 2021: €60,852€60,852Operating result 2022: €16,250€16,250Net result 2022: €6,907€6,907Operating result 2023: -€6,890-€6,890Net result 2023: -€7,094-€7,094Operating result 2025: -€16,586-€16,586Net result 2025: -€17,015-€17,01520202021202220232025-€20,000-€10,000€0€10,000€20,000Operating result 2022: €16,250€16,200Net result 2022: €6,907€6,910Operating result 2023: -€6,890-€6,890Net result 2023: -€7,094-€7,090Operating result 2025: -€16,586-€16,600Net result 2025: -€17,015-€17,000202220232025
The operating result is -€16,586 in 2025, compared with -€6,890 in 2023. Comparable figures for the intervening years are unavailable.
Balance-sheet composition
2025 in colour, 2023 as the grey bar beneath
Assets €30,618
Fixed assets €9,538 ▼ 19.9%
Current assets €21,080 ▼ 53.4%
Equity and liabilities €30,618
Equity €23,982 ▼ 41.5%
Debt €6,636 ▼ 58.9%
Debt's share of the balance-sheet total falls from 28.2% to 21.7%. Equity and debt are lower.
Key figures and ratios
2025 value · change against 2023
EBITDA
-€14,293▼
2023 · -€4,346
Cash flow
-€14,721▼
2023 · -€4,550
Debt to equity
0.28▼
2023 · 0.39
ROE
-70.9%▼
2023 · -17.3%
Interest coverage
-289.56▼
2023 · -181.09
Debt ≤ 1 year
€6,636▼
2023 · €16,132
Income taxes
€740▼
2023 · €743
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2023 · 44 lines
Balance sheet Code20232025
Assets
Total assets20/58€57,129€30,618▼
Fixed assets21/28€11,913€9,538▼
Tangible fixed assets22/27€11,181€8,887▼
Land and buildings22€8,538€7,829▼
Furniture and vehicles24€2,642€1,058▼
Financial fixed assets28€732€651▼
Current assets29/58€45,216€21,080▼
Amounts receivable within one year40/41€26,612€0▼
Trade receivables40€1,203€0▼
Other amounts receivable41€25,409€0▼
Cash at bank and in hand54/58€17,859€21,080▲
Deferred charges and accrued income490/1€745€0▼
Equity and liabilities
Total equity and liabilities10/49€57,129€30,618▼
Equity10/15€40,997€23,982▼
Contributions10/11€62,000€62,000=
Capital10€62,000€62,000=
Issued capital100€62,000€62,000=
Reserves13€1,790€1,790=
Non-distributable reserves130/1€1,790€1,790=
Legal reserve130€1,790€1,790=
Distributable reserves133€0-
Profit (loss) carried forward14-€22,793-€39,808▼
Amounts payable17/49€16,132€6,636▼
Amounts payable within one year42/48€16,132€6,636▼
Trade debts44€5,587€464▼
Suppliers440/4€5,587€464▼
Taxes, remuneration and social security45€2,493€1,145▼
Taxes450/3€2,493€1,145▼
Other amounts payable47/48€8,052€5,027▼
Income statement Code20232025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2,544€2,293▼
Other operating charges640/8€2,479€2,794▲
Gross operating margin9900-€1,867-€11,498▼
Operating profit (loss)9901-€6,890-€16,586▼
Financial income75/76B€564€360▼
Recurring financial income75€564€360▼
Financial charges65/66B€24€49▲
Recurring financial charges65€24€49▲
Profit (loss) for the period before taxes9903-€6,351-€16,275▼
Income taxes67/77€743€740▼
Profit (loss) for the period9904-€7,094-€17,015▼
Profit (loss) for the period to be appropriated9905-€7,094-€17,015▼
Appropriation of the result
Profit (loss) to be appropriated9906-€24,033-€39,808▼
Profit (loss) brought forward from the previous period14P-€16,939-€22,793▼
Transfer from equity791/2€1,239€0▼

The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20202021202220232025Change
Non-recurring operating income76A-€9,737€0---
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€14,666€3,665€3,615€2,544€2,293-
Other operating charges640/8-€2,945€2,320€2,479€2,794-
Gross operating margin9900€18,452€58,588€22,184-€1,867-€11,498-
Operating profit (loss)9901€837€51,979€16,250-€6,890-€16,586-
Financial income75/76B-€21,948€815€564€360-
Recurring financial income75€2,502€21,948€815€564€360-
Financial charges65/66B-€4€168€24€49-
Recurring financial charges65€181€4€168€24€49-
Profit (loss) for the period before taxes9903€3,158€73,923€16,896-€6,351-€16,275-
Income taxes67/77€4,154€13,070€9,990€743€740-
Profit (loss) for the period9904-€996€60,852€6,907-€7,094-€17,015-
Profit (loss) for the period to be appropriated9905-€996€60,852€6,907-€7,094-€17,015-
Line20202021202220232025Change
Assets
Total assets20/58€287,628€304,493€73,253€57,129€30,618-
Fixed assets21/28€177,562€18,072€14,457€11,913€9,538-
Tangible fixed assets22/27€14,584€17,340€13,725€11,181€8,887-
Land and buildings22-€11,948€10,177€8,538€7,829-
Furniture and vehicles24-€5,392€3,548€2,642€1,058-
Financial fixed assets28€162,978€732€732€732€651-
Current assets29/58€110,066€286,422€58,797€45,216€21,080-
Amounts receivable within one year40/41€109,075€29,296€26,658€26,612€0-
Trade receivables40-€4,296€908€1,203€0-
Other amounts receivable41-€25,000€25,751€25,409€0-
Cash at bank and in hand54/58€991€257,126€31,529€17,859€21,080-
Deferred charges and accrued income490/1--€609€745€0-
Equity and liabilities
Total equity and liabilities10/49€287,628€304,493€73,253€57,129€30,618-
Equity10/15-€19,668€41,184€48,091€40,997€23,982-
Contributions10/11€62,000€62,000€62,000€62,000€62,000-
Capital10-€62,000€62,000€62,000€62,000-
Issued capital100-€62,000€62,000€62,000€62,000-
Reserves13€3,030€3,030€3,030€1,790€1,790-
Non-distributable reserves130/1-€1,790€1,790€1,790€1,790-
Legal reserve130-€1,790€1,790€1,790€1,790-
Distributable reserves133-€1,239€1,239€0--
Profit (loss) carried forward14-€84,698-€23,845-€16,939-€22,793-€39,808-
Amounts payable17/49€307,296€263,309€25,163€16,132€6,636-
Amounts payable after more than one year17€287,000€242,500€0---
Financial debts170/4-€242,500€0---
Amounts payable within one year42/48€20,296€20,809€25,163€16,132€6,636-
Current portion of amounts payable after more than one year42-€0----
Trade debts44€7,066€9,457€5,795€5,587€464-
Suppliers440/4-€9,457€5,795€5,587€464-
Taxes, remuneration and social security45-€11,352€7,782€2,493€1,145-
Taxes450/3-€11,352€7,782€2,493€1,145-
Other amounts payable47/48-€0€11,585€8,052€5,027-
Line20202021202220232025Change
Profit (loss) for the period9904-€996€60,852€6,907-€7,094-€17,015-
+ Depreciation and write-downs630€14,666€3,665€3,615€2,544€2,293-
Operating cash flow (approximation)€13,670€64,517€10,522-€4,550-€14,721-
Investment in fixed assets (approximation)-€155,826€0€0--
Change in cash-€256,135-€225,597-€13,669--

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2026
14-08
State Gazette act End & cessation
Dissolution · Director discharge · Liquidation closure10 facts ▸
  • General meeting, 07-07-2026
  • Other statement, discharge of chair from reading reports, kennis genomen
  • Other statement, approval of reports and balance sheet
  • Dissolution, 07-07-2026
  • Director discharge, VANNESTE Jan (director)
  • Director discharge, BONTE Marie Claude (director)
  • Liquidation closure, 07-07-2026
  • Declaration, no measures for consignation of funds, geen maatregelen moeten worden genomen voor de consignatie van gelden en waarden die toekomen aan schuldeisers en die hen…
  • Power of attorney, VANNESTE Jan (lasthebbers ad hoc)
  • Power of attorney, BONTE Marie Claude (lasthebbers ad hoc)
28-04
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
30-09
Financial Weakest financial yearnet -€17,015
Net result drops to -€17,015, the lowest in the series.
2024
16-08
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 16 days late
2023
11-08
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 11 days late
2022
31-08
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
31-12
Financial Back to profitnet €60,852
Net result €60,852 after 2 loss-making years.
31-12
Financial Liquidity triplescurrent ratio 13.76
Current ratio from 5.42 to 13.76.
19-08
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 19 days late
2020
27-08
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 27 days late
2019
20-08
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema · 20 days late
2018
22-08
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema · 22 days late
2017
31-08
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema · 31 days late
2016
12-07
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 5 acts read
About the unread acts

Of the 5 Belgian State Gazette acts we know for this company, 1 has been read. The other 4 have not been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
5 acts for this company are in the Belgian State Gazette, of which we have read 1. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Roeselare
exact location from the address register On OpenStreetMap
Ground area
501 m²
Building footprint
89 m²
Volume, LiDAR
550 m³
Parcel 36503C1454/00V000, Flanders · tallest building 8.6 m, ±2 floors. Linked by address, not a title deed.
3 companies at this address See who is registered here
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
36503C1454/00V000 Flanders 501 m² 1 · 89 m² 8.6 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.

Articles of association

Custody of records
8800 Roeselare, Bollenstraat 12, bij de wet verplichte termijn

Similar companies · same sector, comparable size

Of 9,145 companies in sector 68201 we hold annual accounts for 6,776. 2,459 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPublic limited company
Founded09-06-1995
Fiscal year end30-09
Activities, NACEBEL 2025
68201Renting and operating of own or leased residential real estate, excluding social housing
70200Business and other management consultancy
64210Activities of holding companies
73200Market research and public opinion polling
E-invoicing
Reachable via Peppol
Peppol ID 0208:0455316317
Also 9925:BE0455316317
Registered 10-12-2025

The company is no longer active; its Peppol card can remain until its access point withdraws it.

Register as of 29 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.