EMY GROUP
Open bankruptcyA bankruptcy procedure is open for EMY GROUP according to publications in the Belgian State Gazette; curator: STEVEN NYSTEN. The file additionally contains 1 administrative flag. The 2024 annual accounts show negative equity (€-403k) and a net result of €-613k.
Signals
Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024Equity per financial year
192021222324
2019 to 2024 · latest year €-403k
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 07-09-2025, 38 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 · 6 filingsDeviation from the deadline
2025
not confirmed
2024
38 d late
2023
47 d late
2022
170 d late
2021
217 d late
2020
104 d late
2019
272 d late
← before the deadline
after the deadline →
raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publicationsPublications
Address struck
Financials · fiscal year 2024, abbreviated schema
Turnover
€2.03M▼ 48.6%
2023 · €3.95M
2019: €29k
2020: €1.01M
2021: €2.99M
2022: €2.95M
2023: €3.95M
2019 → 2024
EBIT margin
-29.1%▼ 32.2pp
2023 · 3.1%
2019: -8.8%
2020: 10.1%
2021: 1.3%
2022: 2.4%
2023: 3.1%
2019 → 2024
Net result
€-613k
2023 · €51k
2019: €-3k
2020: €76k
2021: €23k
2022: €44k
2023: €51k
2019 → 2024
Working capital
€-555k
2023 · €70k
2019: €5k
2020: €-10k
2021: €20k
2022: €-116k
2023: €70k
2019 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Turnover€1.01M-€2.99M▲ 197%€2.95M▼ 1.3%€3.95M▲ 34.0%€2.03M▼ 48.6%
Equity€92k-€114k▲ 24.7%€158k▲ 38.4%€209k▲ 32.1%€-403k
Operating result€101k-€39k▼ 61.3%€70k▲ 79.1%€124k▲ 75.8%€-591k
Net result€76k-€23k▼ 70.2%€44k▲ 94.1%€51k▲ 15.7%€-613k
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €591k after €124k in 2023, the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €734k
Fixed assets
€272k▲ 64.4%
Current assets
€462k▼ 36.0%
Key figures and ratios
EBITDA
€-547k▼
2023 · €153k
Cash flow
€-568k▼
2023 · €80k
Solvency
-55.0%▼
2023 · 23.6%
Current ratio
0.45▼
2023 · 1.11
Quick ratio
0.16▼
2023 · 0.76
Debt / equity
-2.82▼
2023 · 3.24
ROA
-83.5%▼
2023 · 5.7%
Interest coverage
-32.67▼
2023 · 3.29
Debt
€1.14M▲
2023 · €677k
Debt ≤ 1 year
€1.02M▲
2023 · €651k
Debt > 1 year
€51k▲
2023 · €22k
Income taxes
€5k▼
2023 · €26k
Staff costs
€136k▼
2023 · €340k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€886k€734k▼
Fixed assets21/28€165k€272k▲
Intangible fixed assets21€0€58k▲
Tangible fixed assets22/27€124k€173k▲
Plant, machinery and equipment23€30k€54k▲
Furniture and vehicles24€22k€60k▲
Leasing and similar rights25€26k€20k▼
Other tangible fixed assets26€46k€39k▼
Financial fixed assets28€42k€42k=
Current assets29/58€721k€462k▼
Stocks and contracts in progress3€226k€294k▲
Stocks30/36€226k€294k▲
Amounts receivable within one year40/41€455k€144k▼
Trade receivables40€264k€13k▼
Other amounts receivable41€191k€131k▼
Cash at bank and in hand54/58€29k€22k▼
Deferred charges and accrued income490/1€10k€600▼
Equity and liabilities
Total equity and liabilities10/49€886k€734k▼
Equity10/15€209k€-403k▼
Contributions10/11€19k€19k=
Capital10€19k€19k=
Issued capital100€19k€19k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Legal reserve130€2k€2k=
Profit (loss) carried forward14€189k€-424k▼
Amounts payable17/49€677k€1.14M▲
Amounts payable after more than one year17€22k€51k▲
Financial debts170/4€22k€51k▲
Amounts payable within one year42/48€651k€1.02M▲
Current portion of amounts payable after more than one year42€5k€39k▲
Financial debts43-€125k
Credit institutions430/8-€125k
Trade debts44-€249k
Suppliers440/4-€249k
Taxes, remuneration and social security45€430k€302k▼
Taxes450/3€292k€223k▼
Remuneration and social security454/9€138k€79k▼
Other amounts payable47/48€215k€301k▲
Accrued charges and deferred income492/3€4k€70k▲
Income statement
Code20232024
Turnover70€3.95M€2.03M▼
Goods, raw materials, services and sundry goods60/61€3.46M€2.41M▼
Remuneration, social security and pensions62€340k€136k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€29k€44k▲
Other operating charges640/8€3k€34k▲
Gross operating margin9900€495k€-376k▼
Operating profit (loss)9901€124k€-591k▼
Financial income75/76B€121€30▼
Recurring financial income75€121€30▼
Financial charges65/66B€46k€17k▼
Recurring financial charges65€46k€17k▼
Profit (loss) for the period before taxes9903€77k€-608k▼
Income taxes67/77€26k€5k▼
Profit (loss) for the period9904€51k€-613k▼
Profit (loss) for the period to be appropriated9905€51k€-613k▼
Appropriation of the result
Profit (loss) to be appropriated9906€189k€-424k▼
Profit (loss) brought forward from the previous period14P€138k€189k▲
Social balance
Average headcount (FTE)90876.04.0▼
The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2026
24-02
Bankruptcy
Opening
Ondernemingsrechtbank Brussel · EMY GROUP BV PLEJADEN- LAAN 19, 1200 SINT-LAMBRECHTS-WOLUWE · event 17-02-2026
2025
22-12
KBO administration
Address struck
07-09
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 38 days late
07-09
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 47 days late
2024
31-12
Financial
Weakest financial yearnet €-613k ▼1304%
Net result drops to €-613k, the lowest in the series.
16-09
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 47 days late
17-01
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 170 days late
2023
31-12
Financial
Equity above €200kEq €209k ▲32.1%
4 profitable years in a row build equity to €209k.
05-03
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 217 days late
2022
31-12
Financial
Equity above €150kEq €158k ▲38.4%
3 profitable years in a row build equity to €158k.
2021
31-12
Financial
Equity above €100kEq €114k ▲24.7%
2 profitable years in a row build equity to €114k.
12-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 104 days late
29-04
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 272 days late
2020
31-12
Financial
Back to profitnet €76k
Net result €76k after one loss-making year.
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
7 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
1 establishment unit since 2020
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Ground area
5,185 m²
Building footprint
2,076 m²
Volume, LiDAR
33,056 m³
Parcel 21018A0239/00K000, Brussels · tallest building 24.2 m, ±6 floors. Linked by address, not a title deed.
1 establishment unit
IDEAL MARKET
since 20202.302.141.877
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21018A0239/00K000 | Brussels | 5,185 m² | 1 · 2,076 m² | 24.2 m · 6 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | STEVEN NYSTEN PEGASUSLAAN 5, 1831 DIEGEM- |
17-02-2026 → present |
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Of 10,519 companies in sector 47110 we hold annual accounts for 5,857. 4,367 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded02-04-2019
Fiscal year end31-12
Activities, NACEBEL
47110Non-specialised retail sale with food, beverages or tobacco predominating
47113Retail trade
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.