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EMTI

Active
Private limited companyfounded 201411 yrs activeRue de Namur, Warisoulx 13A, 5080 La Bruyère, BelgiumKBO/BCE: BE 0563.586.430
Summary

The annual accounts of EMTI for fiscal year 2024 show a net loss of 77% of the equity at the start of that year. The 2024 annual accounts show equity of €18,699 and a net result of -€63,678. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 24% of 19374 sector peers (fiscal year 2024). The company has been active since 2014 and the Belgian State Gazette contains no insolvency signals. The CBE does carry 2 administrative register entries (see administrative flags). The computed 12-month bankruptcy probability is 1.4% (low).

Checked score

Score 2024
Axes · tick = 2023
Profitability4▼-82
Solvency28▼-11
Growth52▼-26
Track record84
Bankruptcy probability, 12 months
1.4% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity short (current ratio 0.3 against 0.3 in 2023; short-term debt: 57.5% and cash: 0% of total assets), and 96.6% of the assets are financed with debt.
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Signals

Nine signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Recent warning signals
The last 24 months brought warning signals in the Staatsblad or the KBO, and those often pile up before a bankruptcy.
Belgian State Gazette
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Real estate activities (NACE 68)
about 43% fewer 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 2024
Solvency, return and age of the figures
Solvency
3.4%
Return on assets
-11.4%
Age of the figures
21 mo
raises risk · Ex-officio strike-off
The KBO struck this company off ex officio, which points to unmet obligations and often precedes a bankruptcy.
KBO publications
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 11 years 0 20 y
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 24% of 19374 sector peers (2024).
NBB · sector comparison
Position among 19374 sector peers
Solvency
better than 24%
← weakest strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-08-2025, 29 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
29 d late
2023
2 d early
2023
12 d early
2022
3 d early
2021
3 d early
2020
30 d late
← 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 7 days after the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 36% of the sector filed late.

raises risk · Administrative warnings in the KBO publications
2 publications by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or their withdrawal.
KBO publications
Publications
Address struckAddress strikeout annulled

History

On 2 October 2014, EMTI was incorporated.1 SOULIER Gwënaël Gilbert Marcelle Ghislain has served as director of the company since 2026.2 Total assets went from EUR 718,228 in 2019 to EUR 557,461 in 2024 and headcount from 1 to 2 full-time equivalents.3

  1. 1Crossroads Bank for Enterprises
  2. 2Belgian State Gazette, 20-08-2026
  3. 3National Bank, annual accounts 2019 and 2024

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Financials · fiscal year 2024, micro schema

Equity
€18,699▼ 77.3%
2023 · €82,377
Total assets
€557,461▼ 5.8%
2023 · €592,013
Net result
-€63,678
2023 · €80,856
Working capital
-€223,931▼ 22.8%
2023 · -€182,392
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
Line20212022202320232024
Operating result€43,790€19,040▼ 56.5%-€7,582€115,355--€57,493
Net result€42,884above the sector's middle half€9,699within the sector's middle half▼ 77.4%-€21,921below the sector's middle half€80,856above the sector's middle half--€63,678below the sector's middle half
Equity€13,743below the sector's middle half€23,442within the sector's middle half▲ 70.6%€1,521below the sector's middle half▼ 93.5%€82,377within the sector's middle half-€18,699within the sector's middle half▼ 77.3%
Total assets€674,778within the sector's middle half▼ 33.7%€691,604within the sector's middle half▲ 2.5%€917,143within the sector's middle half▲ 32.6%€592,013within the sector's middle half-€557,461within the sector's middle half▼ 5.8%
Debt€661,035▼ 36.8%€668,162▲ 1.1%€915,623▲ 37.0%€509,637-€538,762▲ 5.7%
Working capital-€194,105below the sector's middle half▲ 8.1%-€275,703below the sector's middle half▼ 42.0%-€323,397below the sector's middle half▼ 17.3%-€182,392below the sector's middle half--€223,931below the sector's middle half▼ 22.8%
Solvency2.0%below the sector's middle half▲ 4.9pp3.4%below the sector's middle half▲ 1.4pp0.2%below the sector's middle half▼ 3.2pp13.9%within the sector's middle half-3.4%below the sector's middle half▼ 10.6pp
Current ratio0.41within the sector's middle half▼ 0.270.28below the sector's middle half▼ 0.130.21below the sector's middle half▼ 0.070.30below the sector's middle half-0.30below the sector's middle half=
Return on assets (ROA)6.4%within the sector's middle half▲ 8.5pp1.4%within the sector's middle half▼ 5.0pp-2.4%within the sector's middle half▼ 3.8pp13.7%above the sector's middle half--11.4%below the sector's middle half▼ 25.1pp
Staff (FTE)1▲ 11.1%1=1.1▲ 10.0%1.9-2▲ 5.3%
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 micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€100,000-€50,000€0€50,000€100,000Operating result 2021: €43,790€43,790Net result 2021: €42,884€42,884Operating result 2022: €19,040€19,040Net result 2022: €9,699€9,699Operating result 2023: -€7,582-€7,582Net result 2023: -€21,921-€21,921Operating result 2023: €115,355€115,355Net result 2023: €80,856€80,856Operating result 2024: -€57,493-€57,493Net result 2024: -€63,678-€63,67820212022202320232024-€100,000-€50,000€0€50,000€100,000Operating result 2023: -€7,582-€7,580Net result 2023: -€21,921-€21,900Operating result 2023: €115,355€115,000Net result 2023: €80,856€80,900Operating result 2024: -€57,493-€57,500Net result 2024: -€63,678-€63,700202320232024
Multiple fiscal year ends fall in the same calendar year; an annual trend is not displayed.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €557,461
Fixed assets €460,927 ▼ 10.0%
Current assets €96,533 ▲ 20.9%
Equity and liabilities €557,461
Equity €18,699 ▼ 77.3%
Debt €538,762 ▲ 5.7%
Debt's share of the balance-sheet total rises from 86.1% to 96.6%. Equity is lower and debt is higher.
Key figures and ratios
2024 value · change against 2023
EBITDA
-€25,349▼
2023 · €144,973
Cash flow
-€31,533▼
2023 · €110,473
Debt to equity
28.81▲
2023 · 6.19
ROE
-340.5%▼
2023 · 98.2%
Interest coverage
-4.10▼
2023 · 12.29
Debt ≤ 1 year
€320,464▲
2023 · €262,262
Debt > 1 year
€218,298▼
2023 · €247,375
Staff costs
€58,298▲
2023 · €56,935
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 642 companies that looked in July 2024 the way this one looks now, 3.6% went bankrupt within 24 months and 90% are still going.

  • Micro
  • 10 to 20 years old
  • solvency under 10%
  • a loss of 10% of the balance sheet or more
3.6% went bankrupt
5.5% stopped otherwise
90% still going

A further 1.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 1.4% 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 497,338 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% 1.9%
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% 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 642 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 · 2024 against 2023 · 47 lines
Balance sheet Code20232024
Assets
Total assets20/58€592,013€557,461▼
Fixed assets21/28€512,143€460,927▼
Tangible fixed assets22/27€512,093€460,877▼
Land and buildings22€440,120€419,264▼
Plant, machinery and equipment23€13,270€9,086▼
Furniture and vehicles24€27,372€6,357▼
Other tangible fixed assets26€31,331€26,171▼
Financial fixed assets28€50€50=
Current assets29/58€79,870€96,533▲
Amounts receivable within one year40/41€76,295€94,750▲
Trade receivables40€76,268€3,188▼
Other amounts receivable41€27€91,562▲
Cash at bank and in hand54/58€1,931€0▼
Deferred charges and accrued income490/1€1,644€1,783▲
Equity and liabilities
Total equity and liabilities10/49€592,013€557,461▼
Equity10/15€82,377€18,699▼
Contributions10/11€20,000€20,000=
Reserves13€963€963=
Distributable reserves133€963€963=
Profit (loss) carried forward14€61,414-€2,264▼
Amounts payable17/49€509,637€538,762▲
Amounts payable after more than one year17€247,375€218,298▼
Financial debts170/4€247,375€218,298▼
Amounts payable within one year42/48€262,262€320,464▲
Current portion of amounts payable after more than one year42€51,163€46,642▼
Financial debts43-€11,947
Credit institutions430/8-€11,947
Trade debts44€18,807€52,451▲
Suppliers440/4€18,807€52,451▲
Taxes, remuneration and social security45€30,692€55,658▲
Taxes450/3€24,876€47,481▲
Remuneration and social security454/9€5,816€8,177▲
Other amounts payable47/48€161,600€153,766▼
Income statement Code20232024
Remuneration, social security and pensions62€56,935€58,298▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€29,617€32,145▲
Other operating charges640/8€3,000€28,912▲
Non-recurring operating charges66A-€1,200
Gross operating margin9900€204,907€63,061▼
Operating profit (loss)9901€115,355-€57,493▼
Financial charges65/66B€11,792€6,184▼
Recurring financial charges65€11,792€6,184▼
Profit (loss) for the period before taxes9903€103,563-€63,678▼
Income taxes67/77€22,707-
Profit (loss) for the period9904€80,856-€63,678▼
Profit (loss) for the period to be appropriated9905€80,856-€63,678▼
Appropriation of the result
Profit (loss) to be appropriated9906€61,414-€2,264▼
Profit (loss) brought forward from the previous period14P-€19,442€61,414▲

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

Line20212022202320232024Change
Non-recurring operating income76A-€828----
Remuneration, social security and pensions62-€41,394€44,813€56,935€58,298▲ 2.4%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€28,589€30,802€40,203€29,617€32,145▲ 8.5%
Other operating charges640/8-€4,831€5,089€3,000€28,912▲ 864%
Non-recurring operating charges66A-€4,140€1,958-€1,200-
Gross operating margin9900€119,366€100,206€84,481€204,907€63,061▼ 69.2%
Operating profit (loss)9901€43,790€19,040-€7,582€115,355-€57,493▼ 150%
Recurring financial income75€7,938-----
Financial charges65/66B-€9,341€14,339€11,792€6,184▼ 47.6%
Recurring financial charges65€8,844€9,341€14,339€11,792€6,184▼ 47.6%
Profit (loss) for the period before taxes9903€42,884€9,699-€21,921€103,563-€63,678▼ 161%
Income taxes67/77---€22,707--
Profit (loss) for the period9904€42,884€9,699-€21,921€80,856-€63,678▼ 179%
Profit (loss) for the period to be appropriated9905€42,884€9,699-€21,921€80,856-€63,678▼ 179%
Line20212022202320232024Change
Assets
Total assets20/58€674,778€691,604€917,143€592,013€557,461▼ 5.8%
Fixed assets21/28€539,057€583,709€830,752€512,143€460,927▼ 10.0%
Tangible fixed assets22/27€539,007€583,659€830,702€512,093€460,877▼ 10.0%
Land and buildings22-€548,733€759,180€440,120€419,264▼ 4.7%
Plant, machinery and equipment23-€22,191€17,093€13,270€9,086▼ 31.5%
Furniture and vehicles24-€6,257€29,459€27,372€6,357▼ 76.8%
Other tangible fixed assets26-€6,479€24,969€31,331€26,171▼ 16.5%
Financial fixed assets28€50€50€50€50€50=
Current assets29/58€135,721€107,895€86,392€79,870€96,533▲ 20.9%
Stocks and contracts in progress3€2,699-----
Amounts receivable within one year40/41€91,454€96,087€84,521€76,295€94,750▲ 24.2%
Trade receivables40-€94,615€84,518€76,268€3,188▼ 95.8%
Other amounts receivable41-€1,472€4€27€91,562▲ 338,894%
Cash at bank and in hand54/58€33,871€1,460€238€1,931€0▼ 100%
Deferred charges and accrued income490/1-€10,348€1,632€1,644€1,783▲ 8.4%
Equity and liabilities
Total equity and liabilities10/49€674,778€691,604€917,143€592,013€557,461▼ 5.8%
Equity10/15€13,743€23,442€1,521€82,377€18,699▼ 77.3%
Contributions10/11-€20,000€20,000€20,000€20,000=
Reserves13€963€963€963€963€963=
Non-distributable reserves130/1-€963€963---
Reserves not available under the articles1311-€963€963---
Distributable reserves133---€963€963=
Profit (loss) carried forward14-€7,220€2,479-€19,442€61,414-€2,264▼ 104%
Amounts payable17/49€661,035€668,162€915,623€509,637€538,762▲ 5.7%
Amounts payable after more than one year17€331,209€284,565€505,834€247,375€218,298▼ 11.8%
Financial debts170/4-€284,565€505,834€247,375€218,298▼ 11.8%
Amounts payable within one year42/48€329,826€383,598€409,788€262,262€320,464▲ 22.2%
Current portion of amounts payable after more than one year42-€46,644€74,646€51,163€46,642▼ 8.8%
Financial debts43----€11,947-
Credit institutions430/8----€11,947-
Trade debts44€35,080€23,923€44,680€18,807€52,451▲ 179%
Suppliers440/4-€23,923€44,680€18,807€52,451▲ 179%
Taxes, remuneration and social security45-€9,733€27,560€30,692€55,658▲ 81.3%
Taxes450/3-€4,063€17,770€24,876€47,481▲ 90.9%
Remuneration and social security454/9-€5,670€9,790€5,816€8,177▲ 40.6%
Other amounts payable47/48-€303,298€262,903€161,600€153,766▼ 4.8%
Line20212022202320232024Change
Profit (loss) for the period9904€42,884€9,699-€21,921€80,856-€63,678▼ 179%
+ Depreciation and write-downs630€28,589€30,802€40,203€29,617€32,145▲ 8.5%
Operating cash flow (approximation)€71,473€40,501€18,281€110,473-€31,533▼ 129%
Investment in fixed assets (approximation)--€75,455-€287,245-€19,071-
Change in cash--€32,410-€1,222--€1,931-

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
20-08
State Gazette act Resignation: SOULIER ELECTRICITE (director)
Appointment: SOULIER Gwënaël Gilbert Marcelle Ghislain (director) · Director discharge · Power of attorney5 facts ▸
  • General meeting, 17-08-2026
  • Director resignation, SOULIER ELECTRICITE (director)
  • Director discharge, SOULIER ELECTRICITE
  • Director appointment, SOULIER Gwënaël Gilbert Marcelle Ghislain (director)
  • Power of attorney, Antoine Declairfayt
20-02
KBO administration Address strikeout annulled
2025
29-08
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
22-08
KBO administration Address struck
2024
31-12
Financial Weakest financial yearnet -€63,678
Net result drops to -€63,678, the lowest in the series.
29-07
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial Back to profitnet €80,856
Net result €80,856 after one loss-making year.
19-10
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2022
28-10
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2021
28-10
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
31-03
Financial Back to profitnet €42,884
Net result €42,884 after 2 loss-making years.
2020
30-11
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
Show earlier events
2019
01-10
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2018
16-10
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2017
10-10
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2016
24-10
NBB filing Annual accounts filed
fiscal year 2016 · full schema
SignalFinancial 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.

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Directors · office · real estate

Directors
1 director, last change in 2026
Current
Derived from published Gazette acts. The CBE keeps the official list of function holders; we do not read it, so the two can differ. See the function holders in the CBE →
Not every act has been read: a resignation may be missing here
4 of this company's 5 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, La Bruyère · 1 establishment unit since 2014
exact location from the address register On OpenStreetMap
Ground area
953 m²
Building footprint
119 m²
Parcel 92134B0443/00C000, Wallonia. Linked by address, not a title deed.
1 establishment unit
EMTI
Real estate activities
since 20142.253.891.010
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
92134B0443/00C000 Wallonia 953 m² 1 · 119 m² -
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

2 people since 2026, 1 in office
Show
  • Board
  • began earlier
Mandates per person, with start and end dates
Name Functions and periods
SOULIER Gwënaël Gilbert Marcelle Ghislain
  • Director, from 20-08-2026 to date
SOULIER ELECTRICITE
  • Director, until 20-08-2026
See the board, name and seat on a given date →

Structure & network

Connections & network

1 current director
Depth

The network starts from this company’s directors. Other companies they run appear here as nodes.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, scroll to zoom.

Similar companies · same sector, comparable size

Of 12,042 companies in sector 68203 we hold annual accounts for 6,005. 2,045 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
Founded02-10-2014
Fiscal year end31-12
Activities, NACEBEL 2025
68203Renting and operating of own or leased non-residential real estate, excluding land
Contact
E-mail soulierelec@gmail.com
Phone 0473/99.59.69
E-invoicing
Reachable via Peppol
Peppol ID 0208:0563586430
Also 9925:BE0563586430
Registered 17-03-2026

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

Register as of 29 September 2026 · Peppol Directory

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