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EMCE

Active
Private limited company (pre-2019)·Overige zakelijke dienstverlening, neg· 18 yrs active
Kramerslaan 15 ·3500 Hasselt, Belgium
Open bankruptcy
KBO/BCE: BE 0891.565.107
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Age18 yrs

Summary

Conclusion

the dossier summarised in one paragraph

A bankruptcy procedure is open for EMCE according to publications in the Belgian State Gazette. The 2018 annual accounts show negative equity (€-174k) and a net result of €-201k.

Based on the State Gazette, CBE and 1 annual account.

Bankruptcy probability (12 mo)

Checked model v1 · free for everyone

Bankruptcy opened

A bankruptcy procedure is already open, a probability score is no longer meaningful. See the insolvency timeline for the state of the procedure.

Insolvency timeline

1 events
27-03-2019
Bankruptcy Opening
Date: 21-03-2019 · Ondernemingsrechtbank Antwerpen, afdeling Hasselt · EMCE BVBA KRAMERS- LAAN 15 401, 3500 HASSELT · Publications in State Gazette ↗

Signals

Insufficient current data: the most recent filed accounts (financial year 2018) are too old to derive current signals.

Filing behaviour

From the deposit records, complete market-wide
Filing behaviour not assessed
The register records an open bankruptcy. From that point the trustee files and the ordinary seven-month rhythm no longer governs. The register carries no start date, so we cannot tell which filings fall before it: we show the facts and do not assess the behaviour.
Latest accounts filed on time
The financial year that closed on 30-09-2018 was due by 30-04-2019 and was filed on 08-03-2019, 53 days ahead of the deadline. This speaks to administrative punctuality and says nothing about the financial position.
How we compute the deadline
The year end is derived from 9 filed financial years, each closing on 30-09. The statutory deadline is seven months after the close of the financial year (art. 3:10 par. 1 CAC, art. 3:47 par. 7 for ASBL and foundations). Applied to the financial year that closed on 30-09-2018, that is 30-04-2019.
Deadline per financial year
Year closed Due by Filed Variance Reference
30-09-2025 30-04-2026 nothing on record not filed -
30-09-2024 30-04-2025 nothing on record not filed -
30-09-2023 30-04-2024 nothing on record not filed -
30-09-2022 30-04-2023 nothing on record not filed -
30-09-2021 30-04-2022 nothing on record not filed -
30-09-2020 30-04-2021 nothing on record not filed -
30-09-2019 30-04-2020 nothing on record not filed -
30-09-2018 30-04-2019 08-03-2019 53 d early 2019-06600565
30-09-2017 30-04-2018 09-10-2018 162 d late 2018-68800559
30-09-2016 30-04-2017 26-02-2018 302 d late 2018-05700109
30-09-2015 30-04-2016 26-02-2018 667 d late 2018-05700105
30-09-2014 30-04-2015 24-03-2015 37 d early 2015-07300558

Source: the National Bank's deposit records. Those records are complete, including for years whose figures we have not read yet. Filing late covers nearly half the market and is therefore not scored; only not filing, being more than 90 days late and breaking a punctual record carry weight.

Trust signals

2 signals
Register: open bankruptcy
The KBO register records legal situation 050 for this company. This is today's state according to the register itself; the register carries no start date.
Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.

Administrative Flags

No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

Financials

TurnoverNot published (abbreviated filing)
EBIT marginNot published (abbreviated filing)
Net result€-201k
Working capital€-174k
Directors2

Annual accounts & ratios

Source: NBB · 2018
Annual accounts filed on 08-03-2019 with the NBB · fiscal year 2018 · micro
Fiscal year2018
Depositmicro
Revenue-
EBITDA-
Net profit€-201k
Cash flow-
Staff costs-
Income taxes€28k
Dividends-
Total assets€780
Equity€-174k
Debt€175k
of which ≤ 1y€175k
of which > 1y-
Working capital€-174k
Employees (FTE)-
Ratios (computed)
2018
Current ratio0.00
Quick ratio0.00
Working capital ratio-22267.8%
Solvency-22267.8%
Debt / equity-
Long-term debt ratio-
Interest coverage-
Gross margin-
Net margin-
ROA-25713.1%
ROE115.5%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2018
Balance sheet, Assets
TOTAL ASSETS 20/58€780
Formation expenses 20€0
Intangible fixed assets 21€0
Financial fixed assets 28€0
Current assets 29/58€780
Cash & bank 54/58€780
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€780
Equity 10/15€-174k
Contributions / capital 10/11€24k
Reserves 13€3k
Accumulated profits (losses) 14€-201k
Amounts payable 17/49€175k
Amounts payable within one year 42/48€175k
Trade debts payable within one year 44€82
Income statement
Gross operating margin 9900€31k
Operating result 9901€-299k
Financial charges 65€1k
Result before taxes 9903€-300k
Income taxes 67/77€28k
Net result for the period 9904€-328k
Result to be appropriated 9905€-328k
Ratios computed by Checked.

Health barometer

FY 2018 · computed
0 / 100 Critical
050100
Computed from 3 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

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Computed by Checked from the NBB filing for FY 2018 and an insolvency signal from the Belgian State Gazette. Indicative, not credit advice.

Directors

Directors & mandates

Not yet read from the acts

5 acts for this company are in the Belgian State Gazette, of which we have read 0. This is therefore not a statement about the company: we have not extracted its directors from those acts yet.

Insolvency mandates

2 mandates
Role Name Tenure Source
Curator DIRK VAN COPPENOLLE
GENKERSTEENWEG 302, 3500 HASSELT
21-03-2019 → present Belgian State Gazette
Curator SOFIE REPRIELS
GENKER- STEENWEG 302, 3500 HASSELT
21-03-2019 → present Belgian State Gazette

Legal Structure

NACE primary Overige zakelijke dienstverlening, neg(82990)
Legal form Private limited company (pre-2019)(015)
Incorporation22-08-2007
StatusActive
Postal code3500
First BS signal 27-03-2019
Latest BS signal 27-03-2019

Structure & network

Ownership & control

No ownership or control structure found in the sources.

For this we read shareholding and parent/subsidiary relations from the acts in the Belgian State Gazette, plus the board seats that legal entities hold in one another. Nothing of the sort is published for this company, which is common: most Belgian companies do not publish a shareholding structure.

2 court or liquidation mandates are on record for this company. Such a mandate is a fact about the company itself, not about a tie to another one: two bankruptcies handled by the same receiver are two separate cases. They are listed under Directors & mandates.

Locations & real estate

Registered office

from the Crossroads Bank
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.

Kramerslaan 153500 Hasselt

Establishment units

1 location
emce
Recorstraat 23, 3500 HasseltOverige zakelijke dienstverlening, n.e.g.
since 20072.165.945.464
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Parcels2
Ground area5,758 m²
Buildings2
Building footprint1,549 m²
Volume (LiDAR)30,147 m³
Tallest building34.1 m · ±7 fl.

Real-estate footprint

Source: CBE × cadastre · address linking

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
71326F0239/00R000 Flanders 5,056 m² 1 · 1,397 m² 34.0 m · 7 fl.
71324E0296/00S002 Flanders 702 m² 1 · 152 m² 10.2 m · 2 fl.
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Publications

Lifecycle & Insolvency Signals

1 event from the State Gazette
27-03-2019
Bankruptcy Opening
Date: 21-03-2019 · Ondernemingsrechtbank Antwerpen, afdeling Hasselt · EMCE BVBA KRAMERS- LAAN 15 401, 3500 HASSELT · Publications in State Gazette ↗

Time machine: BS events + macro context

2019-2026
COVID lockdownEnergiecrisisECB hikes201920202021202220232024202520262019-03-27 · Bankruptcy · Opening
Macro context
2020-Q2/Q3 COVID lockdown
2022 energy crisis
2023-2024 ECB rate hikes
Legend
Bankruptcy
Interim / reorg
KBO event

Belgian State Gazette · acts

No structured acts for this company yet

That means one of two things: the company has published no company deeds, or its deeds are still queued for reading. The insolvency signals above come from a separate source; the KBO register is the second source and appears as the legal situation on this page.

Analysis

Snowflake analysis

financial profile on 5 axes
Health0Profitability100Solvency0Growth-Stability0
25 / 100

Fragile profile, watch health in particular.

Computed on 4 of 5 axes. Not measured: growth. An unmeasured axis is not a zero: no data was read for it.

Health 0
Profitability 100
Solvency 0
Growth -
Stability 0

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Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.

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Credit advice

verdict per customer and amount

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Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.

Similar

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Company registry

Company registry (CBE)

Crossroads Bank
Activities
Overige zakelijke dienstverlening, n.e.g.74879Overige zakelijke dienstverlening, n.e.g.82990Overige zakelijke dienstverlening, neg82990Holdings64200Activiteiten van holdings64210Managementactiviteiten van holdings74151
Primary activity highlighted.
Names & trade names
Legal nameNL EMCE
Registered office
Kramerslaan 15 bus 4.01
3500 Hasselt, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.