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EMAQUE

Active
Private limited companyfounded 2020active for 6 yearsGroendreef 10, 9880 Aalter, BelgiumKBO/BCE: BE 0741.455.429
Summary

The computed 12-month bankruptcy probability of EMAQUE is 4.4% (elevated). The 2025 annual accounts show negative equity (-€125,840) and a net result of €4,746. Equity is shrinking by about 28% per year across the filed financial years. Its solvency ranks better than 5% of 12,482 sector peers (NACE 47, financial year 2025). The company has been active since 2020 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
Retail trade
NACE 47222Non-specialised retail sale with food, beverages or tobacco predominating NACE 47110
2 sites
Size
€205,269total assets 2025
Staff
10 FTE
Equity
-€125,840
Profit
€4,746
Turnover not published (abbreviated format)
Financial health
47 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
4.4%
Structure
Parent
Meat Invest International
Accounts 42 days early0 of 3 deeds read
Why 47raises riskNegative equity -€125,840Size: 10 FTE, total assets €205,269Liquidity: current ratio 0.56Sector: Retail trade (NACE 47)Show the evidence

Checked score

Score 2025
47 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 28% of its sector peers (NACE 47, small)
Financial strength · tick = 2024
Weak
Solvency 0=
equity -61.3% of total assets
Liquidity 0=
short-term debt 161.3%
Profitability 72+72
return on assets 2.3%
Bankruptcy probability, 12 months
4.4% Elevated
0%0.5%1.5%4%10%≥ 25%

About 4 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.4% (3,690 companies, NACE 47, small)
Last 24 months 11-2024: 3.0% 12-2024: 3.0%● unchanged vs 11-2024 01-2025: 3.0%● unchanged vs 12-2024 02-2025: 3.0%● unchanged vs 01-2025 03-2025: 2.1%▼ -0.9 percentage points vs 02-2025 04-2025: 2.1%● unchanged vs 03-2025lowest value 05-2025: 2.2%▲ +0.1 percentage points vs 04-2025 06-2025: 2.2%● unchanged vs 05-2025 07-2025: 6.0%▲ +3.8 percentage points vs 06-2025 08-2025: 6.1%▲ +0.1 percentage points vs 07-2025 09-2025: 6.1%● unchanged vs 08-2025 10-2025: 6.1%● unchanged vs 09-2025 11-2025: 6.1%● unchanged vs 10-2025 12-2025: 6.1%● unchanged vs 11-2025 01-2026: 6.5%▲ +0.4 percentage points vs 12-2025 02-2026: 6.5%● unchanged vs 01-2026 03-2026: 6.4%▼ -0.1 percentage points vs 02-2026 04-2026: 7.3%▲ +0.9 percentage points vs 03-2026 05-2026: 7.2%▼ -0.1 percentage points vs 04-2026 06-2026: 6.9%▼ -0.3 percentage points vs 05-2026 07-2026: 7.4%▲ +0.5 percentage points vs 06-2026 08-2026: 7.1%▼ -0.3 percentage points vs 07-2026 09-2026: 7.5%▲ +0.4 percentage points vs 08-2026highest value 10-2026: 4.4%▼ -3.1 percentage points vs 09-2026
No credit on open account
Liquidity insufficient (current ratio 0.56, compared with 0.64 in 2024; short-term debt: 161.3% of total assets), and equity is negative.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 47, small): better than 2% on solvency, 0% on liquidity, 59% on profitability and 50% on growth.

The bankruptcy probability was computed on 09-10-2026 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.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.
+raises risk○neutral
raises risk · Negative equity -€125,840
NBB · annual accounts
raises risk · Size: 10 FTE, total assets €205,269
The company's size counts in the probability; how much depends on the rest of its profile.
NBB · annual accounts
raises risk · Liquidity: current ratio 0.56
NBB · annual accounts
raises risk · Sector: Retail trade (NACE 47)
KBO
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 5% of 12482 sector peers (2025).
NBB · sector comparison
Position among 12482 sector peers
Solvency
better than 5%
← weakest strongest →
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 19-06-2026, 42 days ahead of the deadline.
NBB · 6 filings
Deviation from the deadline
2025
42 days early
2024
49 days early
2023
44 days early
2022
38 days early
2021
40 days early
2020
44 days early
← 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 43 days before the deadline; the sector median (NACE 47) for financial year 2024 is on the deadline day, and 47% 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. The company usually files around 19 June (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
10-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · abbreviated…
  2. Back to profitnet €4,746
  3. Annual accounts filedfinancial year 2024 · abbreviated…

Key points

  • Risk: Negative equityfinancial year 2025: debts exceed assets -€125,840 View
  • Caution: Among the weakest 5% on equitysector median €239,188 · 12,494 companies -€125,840 View
  • Positive: Back in profit in 2025after -€55,052 in 2024 €4,746 View
  • Controlled by Meat Invest International parent View
  • Positive: Always filed on timeaccounts within the deadline every year 6 years View

By topic

Financials

Financial year
2025
Total assets
€205,269
Profit
€4,746
Solvency
-61.3%
Total assets▼ 32.9%
Net result
20202025
Go to Financials

Timeline

Events
9
Since
2021
Next accounts
by 31-07-2027
  1. 17-06-2024Annual accounts filed
  2. 31-12-2023Back to profit
  3. 23-06-2023Annual accounts filed
Go to Timeline

Company details

Sites
2
Legal form
Private limited company
Activity
Retail tradeNACE 47222
Founded
13-01-2020
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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