Equity
-€39,654
Debts exceed assets in financial year 2025.
Emundo
Lifetime
5 annual accounts with figures on one time axispeak €74,430 (2024)
-€44,734▼ €119,164
lowest -€96,648 (2025)
-€96,648▼ €143,620
peak €56,993 (2024)
-€39,654▼ €96,648
€230,299▲ 50.3%
Board3 names since 2020
1 directorDe Meester Quincy
Documentsfilings and deeds
30-06-202631 days before the deadline
2025micro format
Gross margin from €74,430 to -€44,734Loss of €96,648Company renamed from Aqua Vitalis Softwash & Stoom to Emundo 09-10Equity from €56,993 to -€39,654Debts from €153,194 to €230,299Cash from €47,051 to €13,918
Key points
from the 2025 annual accountsResult
-€96,648 -€96,648
From profit to loss in 2025, after a profit of €46,972 in 2024.
Debts
€230,299 121% of the balance sheet
Suppliers 54%Taxes and wages 6%Other 40%
Of this, €229,982 falls due within a year.
Liquidity
0.69 was 1.12 in 2024
Short-term debts rose from €152,878 to €229,982.
Filings
5 annual accounts 1 late
The 2021 accounts came 1 day late. The other four were filed on time.
Position in the sector
-€96,648
Lower net result than 95% of companies in construction of buildings. Sector median €8,554 · 9,452 companies.
Turnover not published (micro format)
Checked score
46
Fair
Financially stronger than 6% of micro companies in construction of buildings (NACE 41)
Probability in this band: 1.5% to 4.2%
Bankruptcy probability within 12 months
3.9% Moderate
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 1.5% across 13,458 companies (NACE 41, micro).
About 4 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 10.7%
01-2025: 10.7%● unchanged vs 12-2024
02-2025: 10.7%● unchanged vs 01-2025
03-2025: 11.2%▲ +0.5 percentage points vs 02-2025
04-2025: 14.4%▲ +3.2 percentage points vs 03-2025
05-2025: 14.4%● unchanged vs 04-2025
06-2025: 14.7%▲ +0.3 percentage points vs 05-2025highest value
07-2025: 5.6%▼ -9.1 percentage points vs 06-2025
08-2025: 5.6%● unchanged vs 07-2025
09-2025: 5.4%▼ -0.2 percentage points vs 08-2025
10-2025: 5.3%▼ -0.1 percentage points vs 09-2025
11-2025: 5.3%● unchanged vs 10-2025
12-2025: 5.3%● unchanged vs 11-2025
01-2026: 5.4%▲ +0.1 percentage points vs 12-2025
02-2026: 1.9%▼ -3.5 percentage points vs 01-2026
03-2026: 1.9%● unchanged vs 02-2026lowest value
04-2026: 2.1%▲ +0.2 percentage points vs 03-2026
05-2026: 2.6%▲ +0.5 percentage points vs 04-2026
06-2026: 2.5%▼ -0.1 percentage points vs 05-2026
07-2026: 2.7%▲ +0.2 percentage points vs 06-2026
08-2026: 3.0%▲ +0.3 percentage points vs 07-2026
09-2026: 3.4%▲ +0.4 percentage points vs 08-2026
10-2026: 3.9%▲ +0.5 percentage points vs 09-2026
11-2026: 3.9%● unchanged vs 10-2026
Financial strengthWeak
Score breakdown
raises risk
Sector: Construction of residential and non-residential buildings (NACE 41)
Loss of €96,648 (financial year 2025)
Negative equity -€39,654
lowers risk
Size: total assets €190,645
Calculation
The band follows from the bankruptcy probability. 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). It does better than 7% of them on solvency, 9% on liquidity, 5% on profitability and 3% on growth.
The bankruptcy probability was computed on 09-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the moderate class on 30-06-2025, 2.4% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 6,008 companies had the same profile as Emundo has now. Each dot stands for 16 companies, two years later.
83.0%
were still trading
8.4%
stopped another way
7.9%
went bankrupt
Another 0.8% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of Emundo itself: 3.9% within 12 months.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 6,008 companies, not a prediction for Emundo. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
No credit on open account
Liquidity is insufficient, with a current ratio of 0.69 (1.12 in 2024), below 1. Short-term debt is 120.6% and cash 7.3% of total assets. Equity is negative.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises riskneutral
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
2122232425
2021 to 2025 · latest year -€39,654
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 30-06-2026, 31 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
31 days early
2024
38 days early
2023
51 days early
2022
47 days early
2021
1 day late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 5 accounts on average 33 days before the deadline. In the sector (NACE 41), the median for financial year 2024 was on the deadline day, and 46% 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.
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
DM
De Meester Quincy
Director
- DE MEESTER Quincy 100 sharesdeed of 02-07-2020
Recent changes
Company renamed from Aqua Vitalis Softwash & Stoom to Emundo
Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0749591947
Purpose change · Amendment of the articles
“Het reinigen en onderhouden van woningen,appartementsgebouwen,kantoren,industriële…” (deed in Dutch) · General meeting of 30-04-2024 · Gazette deed
Registered office moved from Schilde to Merksem
New registered office: Lambrechtshoekenlaan 125, 2170 Merksem · Previous registered office: Eikenlei 13/A 2970 Schilde · General meeting of 01-08-2024 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| Emundo Antwerp | €190,645 | -€44,734 | -20.8% | - |
| MILLAU Antwerp | €184,886 | -€56,632 | 44.3% | - |
| D'OUDE VESTING Antwerp | €215,489 | -€77,507 | -664.5% | - |
| Infra-Elflora Beerse | €210,473 | -€86,315 | 2.5% | - |
| GROEP JL PROJECTS Zoersel | €230,573 | -€16,388 | 24.9% | - |
| M&Y FACILITY Antwerp | €199,740 | -€8,653 | 59.7% | - |
| MARYSLAV Asse | €186,003 | -€25,984 | 50.8% | - |
These companies have the same main activity as Emundo: general construction of residential buildings (NACE 41001). They are comparable in size and age: total assets between €185,000 and €231,000, founded between 2019 and 2020.
Official details
Source: KBO- Status
- Active since 30-06-2020Normal situation
- Activity
- General construction of residential buildingsNACE 41001and 1 other
- Establishment unit
- 2.307.425.8052170 Antwerp, since 30-06-2020
- Financial year end
- 31 December
- Peppol
- Reachable since 12-02-2025
Annual accounts 2025
- €190,645▼ 9.3%
- ≈ 0 FTEestimated
- Filing
- Filed on 30-06-2026, 31 days before the end of the filing period
Insights on Emundo
Emundo files the micro format. That format states no turnover. The gross margin fell from €4,198 in 2021 to -€44,734 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about Emundo
- What is the company number of Emundo?
- The company number of Emundo is 0749.591.947. The VAT number is the same number with BE in front: BE 0749.591.947.
- Where is Emundo based?
- The registered office is at Lambrechtshoekenlaan 125, 2170 Antwerp.Company details
- What does Emundo do?
- According to the KBO register, the main activity is general construction of residential buildings (NACE 41001).
- What is the legal form of Emundo?
- Emundo is a private limited company (BV).
- When was Emundo founded?
- Emundo was founded on 30-06-2020.
- Is Emundo still active?
- Yes, Emundo is an active enterprise in the KBO register.
- What is the turnover of Emundo?
- The annual accounts for financial year 2025 state no turnover. The micro format does not require it.Financials
- Is Emundo profitable?
- In financial year 2025, Emundo made a loss of €96,648.
- Where can I find the annual accounts of Emundo?
- Emundo filed 5 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of Emundo due?
- Emundo must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can trust this company with building work.Contractor check Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check Compare this company with its sector.Sector benchmark
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