Equity
EMVECE has made a profit without a break since 2014.
EMVECE has made a profit without a break since 2014.
The accounts state no turnover.
Green is investment, beige is depreciation. Land and buildings stand 13.7% higher than in 2023.
Short-term debts rose from €120,707 to €187,456.
2025 accounts not filed: deadline was 31-07-2026.
More equity than 87% of companies in retail trade. Sector median €39,278 · 25,612 companies.
In July 2024, 14,766 companies had the same profile as EMVECE has now. Each dot stands for 37 companies, two years later.
Another 0.1% stopped without a precise date, possibly only after those two years.
The method was tested on the 497,448 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 14,766 companies, not a prediction for EMVECE. 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.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
| Company | ||||
|---|---|---|---|---|
| EMVECE Jette | €665,882 | €204,944 | 35.8% | - |
| DUPONCHEEL - VAN DEN HAUTE Oudenaarde | €643,015 | €177,963 | 61.5% | - |
| Afwerkingsatelier 'T Etiket Geel | €672,770 | €204,746 | 9.1% | - |
| Librairie Gagnant Uccle | €580,017 | €216,694 | 67.5% | - |
| Frédéric BILLON Tournai | €671,245 | €181,409 | 34.8% | 3.1 |
| PAPERPRESS De Haan | €784,703 | €233,281 | 67.1% | 2.4 |
| ELITE VIDEO Westerlo | €773,667 | €215,773 | 86.1% | 1.5 |
These companies have the same main activity as EMVECE: retail sale of newspapers and periodicals (NACE 47621). They are comparable in size and age: total assets between €580,000 and €785,000, founded between 1999 and 2009.
EMVECE files the micro format. That format states no turnover. The gross margin rose from €136,812 in 2011 to €204,944 in 2024.
The balance sheet grew most from 2019 to 2020 through fixed assets, financed with long-term debt.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
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