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EMTECH Engineering

Active
Private limited companyfounded 2019active for 7 yearsSteenhuizestraat 9B, 9550 Herzele, BelgiumKBO/BCE: BE 0732.574.385
Summary

EMTECH Engineering has been active since 2019 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €94,542 and a net result of €28,673. Equity is growing by about 30% per year across the filed financial years. Its solvency ranks better than 29% of 1,667 sector peers (NACE 33, financial year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).

Overview

Activity
Repair and maintenance of machinery
NACE 33120
1 site
Size
€353,946total assets 2025
Equity
€94,542
Profit
€28,673
Turnover not published (micro format)
Financial health
81 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.4%
Structure
Accounts 28 days early0 of 1 deed read
Why 81raises riskFounded in 2019Sector: Repair, maintenance and installation of machinery and equipment (NACE 33)lowers riskLiquidity: current ratio 0.72, cash €50,763Size: total assets €353,946Show the evidence

Checked score

Score 2025
81 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 35% of its sector peers (NACE 33, micro)
Financial strength · tick = 2024
Strong
Solvency 52-17
equity 26.7% of total assets
Liquidity 54-6
short-term debt 31.6% · cash 14.3%
Profitability 79-2
return on assets 8.1%
Bankruptcy probability, 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%

About 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (2,381 companies, NACE 33, micro)
Last 24 months 11-2024: 1.0% 12-2024: 0.9%▼ -0.1 percentage points vs 11-2024 01-2025: 0.9%● unchanged vs 12-2024 02-2025: 0.9%● unchanged vs 01-2025 03-2025: 0.9%● unchanged vs 02-2025 04-2025: 1.0%▲ +0.1 percentage points vs 03-2025 05-2025: 1.0%● unchanged vs 04-2025 06-2025: 1.0%● unchanged vs 05-2025 07-2025: 1.2%▲ +0.2 percentage points vs 06-2025highest value 08-2025: 0.6%▼ -0.6 percentage points vs 07-2025 09-2025: 0.6%● unchanged vs 08-2025 10-2025: 0.7%▲ +0.1 percentage points vs 09-2025 11-2025: 0.6%▼ -0.1 percentage points vs 10-2025 12-2025: 0.6%● unchanged vs 11-2025 01-2026: 0.6%● unchanged vs 12-2025 02-2026: 0.6%● unchanged vs 01-2026 03-2026: 0.6%● unchanged vs 02-2026 04-2026: 0.7%▲ +0.1 percentage points vs 03-2026 05-2026: 0.7%● unchanged vs 04-2026 06-2026: 0.6%▼ -0.1 percentage points vs 05-2026 07-2026: 0.7%▲ +0.1 percentage points vs 06-2026 08-2026: 0.4%▼ -0.3 percentage points vs 07-2026lowest value 09-2026: 0.4%● unchanged vs 08-2026lowest value 10-2026: 0.4%● unchanged vs 09-2026lowest value
Credit of up to €7,000 on 30-day terms is acceptable
Liquidity insufficient (current ratio 0.72, compared with 2.03 in 2024, below 1; short-term debt: 31.6% and cash: 14.3% of total assets), and 73.3% 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 33, micro): better than 30% on solvency, 50% on liquidity, 51% on profitability and 12% on growth.

The bankruptcy probability was computed on 16-10-2026 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

Five signals.
lowers riskraises riskneutral
raises risk · Founded in 2019
Companies of this age fail more often than older ones; how much that weighs depends on the rest of its profile.
KBO
lowers risk · Liquidity: current ratio 0.72, cash €50,763
NBB · annual accounts
raises risk · Sector: Repair, maintenance and installation of machinery and equipment (NACE 33)
KBO
lowers risk · Size: total assets €353,946
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
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 03-07-2026, 28 days ahead of the deadline.
NBB · 6 filings
Deviation from the deadline
2025
28 days early
2024
13 days early
2023
1 day early
2022
31 days early
2021
31 days early
2020
15 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 20 days before the deadline; the sector median (NACE 33) for financial year 2024 is 3 days before the deadline, and 39% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 3 July (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
17-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · micro…
  2. Annual accounts filedfinancial year 2024 · micro…
  3. Highest result from 2020 to 2025net €34,406 ▲23.2%

Financials · financial year 2025, micro format

Equity
€94,542▼ 37.5%
2024 · €151,279
Total assets
€353,946▲ 4.1%
2024 · €340,033
Net result
€28,673▼ 16.7%
2024 · €34,406
Working capital
-€31,799
2024 · €32,441
Trend over the years

2021 to 2025, 5 financial years 2020 to 2025, 6 financial years

The operating result falls in 2025; 2025 is 15% below 2024.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result€47,092 2025 Net result€28,673 2025

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 33, Repair, maintenance and installation of machinery and equipment: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the financial year before
favourable unfavourable
Line202020212022202320242025
Operating result€28,741-€37,852▲ 31.7%€35,762▼ 5.5%€38,914▲ 8.8%€55,585▲ 42.8%€47,092▼ 15.3%
Net result€23,358within the sector's middle half-€29,317within the sector's middle half▲ 25.5%€27,588within the sector's middle half▼ 5.9%€27,928within the sector's middle half▲ 1.2%€34,406within the sector's middle half▲ 23.2%€28,673within the sector's middle half▼ 16.7%
Equity€33,358within the sector's middle half-€61,357within the sector's middle half▲ 83.9%€88,945within the sector's middle half▲ 45.0%€116,873within the sector's middle half▲ 31.4%€151,279above the sector's middle half▲ 29.4%€94,542within the sector's middle half▼ 37.5%
Total assets€62,961below the sector's middle half-€98,279within the sector's middle half▲ 56.1%€125,565within the sector's middle half▲ 27.8%€261,957within the sector's middle half▲ 109%€340,033above the sector's middle half▲ 29.8%€353,946above the sector's middle half▲ 4.1%
Debt€29,603-€36,922▲ 24.7%€36,620▼ 0.8%€145,084▲ 296%€188,755▲ 30.1%€259,404▲ 37.4%
Working capital€28,359within the sector's middle half-€57,625within the sector's middle half▲ 103%€22,995within the sector's middle half▼ 60.1%€26,446within the sector's middle half▲ 15.0%€32,441within the sector's middle half▲ 22.7%-€31,799below the sector's middle half
Solvency53.0%within the sector's middle half-62.4%within the sector's middle half▲ 9.4pp70.8%above the sector's middle half▲ 8.4pp44.6%within the sector's middle half▼ 26.2pp44.5%within the sector's middle half▼ 0.1pp26.7%within the sector's middle half▼ 17.8pp
Current ratio2.89within the sector's middle half-3.15above the sector's middle half▲ 0.271.77within the sector's middle half▼ 1.381.69within the sector's middle half▼ 0.082.03within the sector's middle half▲ 0.340.72below the sector's middle half▼ 1.32
Return on assets (ROA)37.1%above the sector's middle half-29.8%above the sector's middle half▼ 7.3pp22.0%above the sector's middle half▼ 7.9pp10.7%within the sector's middle half▼ 11.3pp10.1%within the sector's middle half▼ 0.5pp8.1%within the sector's middle half▼ 2.0pp
above within below the middle half of NACE 33, Repair, maintenance and installation of machinery and equipment: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin not published: the micro format does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €353,946
Fixed assets €273,839 ▼ 0.8%
Current assets €80,107 ▲ 25.5%
Equity and liabilities €353,946
Equity €94,542 ▼ 37.5%
Debt €259,404 ▲ 37.4%
Debt's share of the balance-sheet total rises from 55.5% to 73.3%. Equity is lower and debt is higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€52,035▼
2024 · €60,074
Cash flow
€33,616▼
2024 · €38,894
Debt to equity
2.74▲
2024 · 1.25
ROE
30.3%▲
2024 · 22.7%
Interest coverage
7.06▼
2024 · 7.57
Debt ≤ 1 year
€111,907▲
2024 · €31,413
Debt > 1 year
€146,923▼
2024 · €156,730
Income taxes
€11,045▼
2024 · €13,240
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 6,713 companies that looked in July 2024 the way this one looks now, 1.8% went bankrupt within 24 months and 95.8% are still going.

  • Micro
  • 5 to 10 years old
  • solvency 10 to 30%
  • a profit of 5% of the balance sheet or more
1.8% went bankrupt
2.2% stopped otherwise
95.8% still going

A further 0.2% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.4% 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 497,473 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% 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 6,713 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
Filed annual accounts As filed with the NBB · 2025 against 2024 · 45 lines
Balance sheet Code20242025
Assets
Total assets20/58€340,033€353,946▲
Fixed assets21/28€276,180€273,839▼
Tangible fixed assets22/27€276,180€273,839▼
Land and buildings22€61,782€273,839▲
Furniture and vehicles24€35€0▼
Leasing and similar rights25€0-
Assets under construction and advance payments27€214,364€0▼
Current assets29/58€63,853€80,107▲
Amounts receivable within one year40/41€31,335€26,516▼
Trade receivables40€31,330€26,515▼
Other amounts receivable41€5€1▼
Cash at bank and in hand54/58€27,629€50,763▲
Deferred charges and accrued income490/1€4,890€2,829▼
Equity and liabilities
Total equity and liabilities10/49€340,033€353,946▲
Equity10/15€151,279€94,542▼
Contributions10/11€10,000€10,000=
Profit (loss) carried forward14€141,279€84,542▼
Amounts payable17/49€188,755€259,404▲
Amounts payable after more than one year17€156,730€146,923▼
Financial debts170/4€156,730€146,923▼
Amounts payable within one year42/48€31,413€111,907▲
Current portion of amounts payable after more than one year42€10,167€10,606▲
Trade debts44€1,789€2,601▲
Suppliers440/4€1,789€2,601▲
Taxes, remuneration and social security45€17,131€11,210▼
Taxes450/3€15,136€9,215▼
Remuneration and social security454/9€1,995€1,995=
Other amounts payable47/48€2,325€87,491▲
Accrued charges and deferred income492/3€612€574▼
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4,488€4,943▲
Other operating charges640/8€894€717▼
Gross operating margin9900€60,968€52,752▼
Operating profit (loss)9901€55,585€47,092▼
Financial income75/76B€0€0=
Recurring financial income75€0€0=
Financial charges65/66B€7,940€7,375▼
Recurring financial charges65€7,940€7,375▼
Profit (loss) for the period before taxes9903€47,646€39,717▼
Income taxes67/77€13,240€11,045▼
Profit (loss) for the period9904€34,406€28,673▼
Profit (loss) for the period to be appropriated9905€34,406€28,673▼
Appropriation of the result
Profit (loss) to be appropriated9906€141,279€169,951▲
Profit (loss) brought forward from the previous period14P€106,873€141,279▲
Profit to be distributed694/7-€85,409
Return on contributions (dividend)694-€85,409

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line202020212022202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7,897€5,704€6,451€6,476€4,488€4,943▲ 10.1%
Other operating charges640/8-€244€382€769€894€717▼ 19.9%
Gross operating margin9900€36,770€43,800€42,595€46,160€60,968€52,752▼ 13.5%
Operating profit (loss)9901€28,741€37,852€35,762€38,914€55,585€47,092▼ 15.3%
Financial income75/76B-€0€0€0€0€0=
Recurring financial income75€0€0€0€0€0€0=
Financial charges65/66B-€523€400€2,944€7,940€7,375▼ 7.1%
Recurring financial charges65€364€523€400€2,944€7,940€7,375▼ 7.1%
Profit (loss) for the period before taxes9903€28,377€37,329€35,362€35,970€47,646€39,717▼ 16.6%
Income taxes67/77€5,018€8,012€7,774€8,043€13,240€11,045▼ 16.6%
Profit (loss) for the period9904€23,358€29,317€27,588€27,928€34,406€28,673▼ 16.7%
Profit (loss) for the period to be appropriated9905€23,358€29,317€27,588€27,928€34,406€28,673▼ 16.7%
Line202020212022202320242025Change
Assets
Total assets20/58€62,961€98,279€125,565€261,957€340,033€353,946▲ 4.1%
Fixed assets21/28€19,560€13,856€72,781€197,246€276,180€273,839▼ 0.8%
Tangible fixed assets22/27€19,560€13,856€72,781€197,246€276,180€273,839▼ 0.8%
Land and buildings22--€62,452€62,117€61,782€273,839▲ 343%
Furniture and vehicles24-€1,196€2,510€1,209€35€0▼ 100%
Leasing and similar rights25-€12,659€7,819€2,979€0--
Assets under construction and advance payments27---€130,941€214,364€0▼ 100%
Current assets29/58€43,401€84,423€52,784€64,711€63,853€80,107▲ 25.5%
Amounts receivable within one year40/41€8,686€12,593€18,548€32,374€31,335€26,516▼ 15.4%
Trade receivables40-€12,593€18,539€30,724€31,330€26,515▼ 15.4%
Other amounts receivable41--€9€1,650€5€1▼ 76.3%
Cash at bank and in hand54/58€33,700€69,983€29,468€26,156€27,629€50,763▲ 83.7%
Deferred charges and accrued income490/1-€1,847€4,767€6,180€4,890€2,829▼ 42.1%
Equity and liabilities
Total equity and liabilities10/49€62,961€98,279€125,565€261,957€340,033€353,946▲ 4.1%
Equity10/15€33,358€61,357€88,945€116,873€151,279€94,542▼ 37.5%
Contributions10/11-€10,000€10,000€10,000€10,000€10,000=
Profit (loss) carried forward14€23,358€51,357€78,945€106,873€141,279€84,542▼ 40.2%
Amounts payable17/49€29,603€36,922€36,620€145,084€188,755€259,404▲ 37.4%
Amounts payable after more than one year17€13,512€10,124€6,736€106,751€156,730€146,923▼ 6.3%
Financial debts170/4-€10,124€6,736€106,751€156,730€146,923▼ 6.3%
Amounts payable within one year42/48€15,042€26,798€29,789€38,265€31,413€111,907▲ 256%
Current portion of amounts payable after more than one year42-€3,388€3,388€14,868€10,167€10,606▲ 4.3%
Trade debts44€455€671€2,149€9,855€1,789€2,601▲ 45.4%
Suppliers440/4-€671€2,149€9,855€1,789€2,601▲ 45.4%
Taxes, remuneration and social security45-€19,617€21,055€11,221€17,131€11,210▼ 34.6%
Taxes450/3-€17,622€21,055€9,226€15,136€9,215▼ 39.1%
Remuneration and social security454/9-€1,995-€1,995€1,995€1,995=
Other amounts payable47/48-€3,122€3,196€2,322€2,325€87,491▲ 3,662%
Accrued charges and deferred income492/3--€95€67€612€574▼ 6.2%
Line202020212022202320242025Change
Profit (loss) for the period9904€23,358€29,317€27,588€27,928€34,406€28,673▼ 16.7%
+ Depreciation and write-downs630€7,897€5,704€6,451€6,476€4,488€4,943▲ 10.1%
Operating cash flow (approximation)€31,255€35,021€34,040€34,404€38,894€33,616▼ 13.6%
Investment in fixed assets (approximation)-€0-€65,377-€130,941-€83,422-€2,601▲ 96.9%
Change in cash-€36,283-€40,514-€3,312€1,473€23,134▲ 1,471%

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

Download as CSV

Filings with the National Bank (6)
Financial year Type Filed Reference
31-12-2025 micro format 03-07-2026 2026-00281947
31-12-2024 micro format 18-07-2025 2025-00283414
31-12-2023 micro format 30-07-2024 2024-00322423
31-12-2022 micro format 30-06-2023 2023-00219293
31-12-2021 micro format 30-06-2022 2022-20141365
31-12-2020 micro format 16-07-2021 2021-36300180

Similar companies · same sector, comparable size

Of the 3,709 active companies whose main activity is repair and maintenance of machinery (NACE 33120), figures are known for 1,394. 1,167 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Subsidies and aid

Flemish government

2022 · 1 entry · €338 awarded · €338 paid
Schemes
1 entry · €338 · €338 paid · Fonds voor Innoveren en Ondernemen

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.

Directors

Directors
No directors read yet: 0 of 1 Gazette act processed. See the directors and other office holders in the KBO →

Owners and capital

Owners

No owners or capital events in the accounts and acts we read.

History

On 13 August 2019, EMTECH Engineering was incorporated as a private limited company.1 Total assets went from €62,961 in 2020 to €353,946 in 2025.2

  1. 1KBO register
  2. 2National Bank, annual accounts 2020 and 2025

Acts, filings and financial milestones

Next filing, financial year 2026, expected by 31-07-2027
2026
03-07
NBB filing Annual accounts filed
financial year 2025 · micro format
2025
18-07
NBB filing Annual accounts filed
financial year 2024 · micro format
2024
31-12
Financial Highest result from 2020 to 2025net €34,406 ▲23.2%
Operating result €55,585, net result €34,406, both a record.
31-12
Financial Equity above €150,000equity €151,279 ▲29.4%
A profit in every financial year since 2020 builds equity to €151,279.
30-07
NBB filing Annual accounts filed
financial year 2023 · micro format
2023
31-12
Financial Equity above €100,000equity €116,873 ▲31.4%
A profit in every financial year since 2020 builds equity to €116,873.
30-06
NBB filing Annual accounts filed
financial year 2022 · micro format
2022
30-06
NBB filing Annual accounts filed
financial year 2021 · micro format
2021
16-07
NBB filing Annual accounts filed
financial year 2020 · micro format
Financial milestoneNBB filingFinancial milestones sit on the financial year-end date, not the filing date.
0 of 1 deed read
About the unread acts

We know of 1 Belgian Official Gazette act for this company. It has 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.

Register details

Identification
Legal formPrivate limited company
Founded13-08-2019
Financial year end31-12
Activities, NACEBEL 2025
33120Repair and maintenance of machinery
33140Repair and maintenance of electrical equipment
33200Installation of industrial machinery and equipment
43240Other construction installation
43990Other specialised construction activities
Contact
E-mail mark@emtechengineering.be
E-invoicing
Reachable via Peppol
Peppol ID 0208:0732574385
Also 9925:BE0732574385
Registered 08-07-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 17 October 2026 · Peppol Directory

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

Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice, with enterprise number 0732.574.385

Recognitions · licences · registrations

Legal Entity Identifier

254900AI6P5SGRCDK656
live in the LEI register

Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.

Sites & property

Location & real-estate footprint
Registered office, Herzele · 1 establishment unit since 2019
registered office establishment The establishment unit on the map
Ground area
925 m²
Building footprint
106 m²
Building volume
813 m³
Parcel 41062B0087/00C000, Flanders · tallest building 9.9 m. Linked by address, not a title deed.
1 establishment unit
Steenhuizestraat 9B, 9550 Herzele
Repair and maintenance of machinery
since 2019unit no. 2.294.355.648
1 parcel
Flanders 1 (100%)
Cadastral parcel Region Area Buildings Height / floors
41062B0087/00C000 Flanders 925 m² 1 · 106 m² 9.9 m · 2
How the parcels are linked
Good to know
The parcel matches the address exactly.