Skip to content

EMVECE

Active Private limited company (pre-2019)founded 2003active for 23 yearsPhilippe Werrieplein 3, 1090 JetteKBO/BCE: BE 0479.901.362

Lifetime

13 annual accounts with figures on one time axis, 21 filings since 2003
peak €287,253 (2020)
€204,944▲ 9.6%
lowest -€32,797 (2011)
€14,947▲ 31×
peak €238,707 (2024)
€238,707▲ 6.7%
€427,175▲ 8.5%
peak 4.1 FTE (2020)
-not published
Board2 names since 2003
1 director
Documentsfilings and deeds
25-08-202525 days late
2024micro format
Result from €488 to €14,947Investments €100,463Cash from €32,583 to €18,088

Key points

from the 2024 annual accounts

Equity

€238,707 ▲ 6.7%

EMVECE has made a profit without a break since 2014.

Turnover

≈ €1.2m estimated

The accounts state no turnover.

Investments

€98,440 2.7 × depreciation
2021202220232024

Green is investment, beige is depreciation. Land and buildings stand 13.7% higher than in 2023.

Liquidity

0.67 was 1.17 in 2023

Short-term debts rose from €120,707 to €187,456.

Filings

21 annual accounts 104 days past the deadline
AprilJune31 JulyOctober20102020

2025 accounts not filed: deadline was 31-07-2026.

Position in the sector

€238,707

More equity than 87% of companies in retail trade. Sector median €39,278 · 25,612 companies.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 14,766 companies had the same profile as EMVECE has now. Each dot stands for 37 companies, two years later.

96.2%
were still trading
3.5%
stopped another way
0.2%
went bankrupt
  • Small
  • 20 years or older
  • solvency 30% or more
  • a profit under 5% of the balance sheet

Another 0.1% stopped without a precise date, possibly only after those two years.

Test of the method

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.

The companies in ten equal groups, from the lowest to the 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% 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.

Credit verdict

Credit check for an amount and term of your choice

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.

Signals

Board and ownership

Director, since 24-03-2003
Board & ownership

Recent changes

Registered office moved from Brussels to Jette New registered office: Place Phlippe Werrie 3 à 1090 Jette · Previous registered office: Place Philippe Werrie 9, 1090 Bruxelles 9, Belgique · General meeting of 02-01-2026 · Gazette deed
Registered in the Peppol Directory Reachable for e-invoices through 0208:0479901362
New establishment in Jette LECTURA, Philippe Werrieplein 3
Resignation: (manager) General meeting of 15-03-2018 · Gazette deed
All 32 events

Comparable companies

same main activity, similar in size and age
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.

Official details

Source: KBO
Status
Active since 01-04-2003Normal situation
Activity
Retail sale of newspapers and periodicalsNACE 47621and 2 others
Establishment units
2.126.266.3281090 Jette, since 02-05-2003
2.307.515.7761090 Jette, since 07-09-2020
Financial year end
31 December
Peppol
Reachable since 20-11-2020
Company details

Annual accounts 2024

€665,882▲ 7.8%
Filing
Filed on 25-08-2025
Financials

Insights on EMVECE

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.

Key facts about EMVECE

What is the company number of EMVECE?
The company number of EMVECE is 0479.901.362. The VAT number is the same number with BE in front: BE 0479.901.362.
Where is EMVECE based?
The registered office is at Philippe Werrieplein 3, 1090 Jette.Company details
What does EMVECE do?
According to the KBO register, the main activity is retail sale of newspapers and periodicals (NACE 47621).
What is the legal form of EMVECE?
EMVECE is a private limited company (pre-2019) (BVBA).
When was EMVECE founded?
EMVECE was founded on 01-04-2003.
Is EMVECE still active?
Yes, EMVECE is an active enterprise in the KBO register.
How many employees does EMVECE have?
EMVECE had an average of 3.9 full-time equivalents in financial year 2023, according to the filed annual accounts.Financials
What is the turnover of EMVECE?
The turnover in financial year 2024 is ≈ €1.2m. This figure is estimated from the gross margin of €204,944 and 211 comparable companies (NACE 47). It probably lies between €680,000 and €2.0m.
Is EMVECE profitable?
In financial year 2024, EMVECE made a profit of €14,947.
Where can I find the annual accounts of EMVECE?
EMVECE filed 21 annual accounts with the National Bank of Belgium, the latest for financial year 2024.

Next steps

See how customers, suppliers and banks see your own company and what to improve first.

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