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EMEGA

Active
Private limited company (pre-2019)·Algemene elektrotechnische installatiewerken· 15 yrs active
Open bankruptcy
KBO/BCE: BE 0832.810.623
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Full dossier in preparation

Checked processes every Belgian company, act by act, from the Belgian Official Gazette. The data below is real and verified, this company's full, act-by-act verified dossier is still being assembled.

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Age15 yrs
Staff (FTE)1.3

Summary

Conclusion

the dossier summarised in one paragraph

A bankruptcy procedure is open for EMEGA according to publications in the Belgian State Gazette. The file additionally contains 2 judicial reorganisations. The 2021 annual accounts show negative equity (€-47k) and a net result of €-40k.

Based on the State Gazette, CBE and 4 annual accounts.

Bankruptcy probability (12 mo)

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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

3 events
08-03-2024
Bankruptcy Opening
Date: 04-03-2024 · Tribunal de l’entreprise du Hainaut, division Charleroi · EMEGA (SPRL) CHAUSSEE DE NIVELLES 167, 7181 SENEFFE · Publications in State Gazette ↗
10-12-2019
Judicial reorganisation Extension
Date: 02-12-2019 · Tribunal de l’entreprise du Brabant wallon · collectif · Publications in State Gazette ↗
15-07-2019
Judicial reorganisation Opening
Date: 09-07-2019 · Tribunal de l’entreprise du Brabant wallon · collectif · Publications in State Gazette ↗

Signals

Insufficient current data: the most recent filed accounts (financial year 2021) 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.
How we compute the deadline
The year end is derived from 10 filed financial years, each closing on 31-12. 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 31-12-2021, that is 31-07-2022.
Deadline per financial year
Year closed Due by Filed Variance Reference
31-12-2025 31-07-2026 nothing on record not filed -
31-12-2024 31-07-2025 nothing on record not filed -
31-12-2023 31-07-2024 nothing on record not filed -
31-12-2022 31-07-2023 nothing on record not filed -
31-12-2021 31-07-2022 26-01-2023 179 d late 2023-00004604
31-12-2020 31-07-2021 28-09-2021 59 d late 2021-69400036
31-12-2019 31-07-2020 19-10-2020 80 d late 2020-62000370
31-12-2018 31-07-2019 29-05-2019 63 d early 2019-15100290
31-12-2017 31-07-2018 28-08-2018 28 d late 2018-52600250
31-12-2016 31-07-2017 22-06-2017 39 d early 2017-20300304
31-12-2015 31-07-2016 20-07-2016 11 d early 2016-34000524
31-12-2014 31-07-2015 08-04-2015 114 d early 2015-09400503

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€-40k+62.8%
Working capital€-106k-105.1%
Directors1

Annual accounts & ratios

Source: NBB · 2021
Annual accounts filed on 26-01-2023 with the NBB · fiscal year 2021 · micro
€-200k€-100k€0€100kOperating result 2018: €77k€77kNet result 2018: €-112k€-112kOperating result 2019: €-54k€-54kNet result 2019: €-179k€-179kOperating result 2020: €78k€78kNet result 2020: €-108k€-108kOperating result 2021: €-30k€-30kNet result 2021: €-40k€-40k2018201920202021
Operating resultNet result
Sector comparison
Fiscal year 2021 · NACE 43, Specialised construction · compared within the same schema type (micro schema)
Metric This company Sector median Position in the sector
Solvency -13.7% 36.4%
better than 7% of 3549 sector peers
Net result €-40k €11k
better than 5% of 3540 sector peers
Equity €-47k €26k
better than 5% of 3552 sector peers
Gross operating margin €38k €31k
better than 56% of 3540 sector peers
Staff costs €44k €26k
higher than 63% of 1283 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
EBITDA
€-13k
- 18-21
Net profit
€-40k
+62.8% 18-21
Cash flow
€-22k
+75.2% 18-21
Total assets
€343k
-15.7% 18-21
Equity
€-47k
-584.0% 18-21
Working capital
€-106k
-105.1% 18-21
Employees (FTE)
1
-64.9% 18-21
Staff costs
€44k
- 18-21
Income taxes
€3k
+2365.7% 18-21
Debt
€390k
-5.7% 18-21
Debt ≤ 1y
€390k
-5.7% 18-21
Debt > 1y
€2k
-88.4% 18-21
Current ratio
0.73
-16.8% 18-21
Quick ratio
0.52
-2.5% 18-21
Solvency
-13.7%
-711.1% 18-21
Debt / equity
-8.28
-26604.9% 18-21
ROE
85.4%
-94.6% 18-21
ROA
-11.7%
+55.9% 18-21
Interest coverage
-1.84
- 18-21
Figures by fiscal year
Fiscal year2021
Depositmicro
Revenue-
EBITDA€-13k
Net profit€-40k
Cash flow€-22k
Staff costs€44k
Income taxes€3k
Dividends-
Total assets€343k
Equity€-47k
Debt€390k
of which ≤ 1y€390k
of which > 1y-
Working capital€-106k
Employees (FTE)1.3
Ratios (computed)
2021
Current ratio0.73
Quick ratio0.52
Working capital ratio-30.9%
Solvency-13.7%
Debt / equity-8.28
Long-term debt ratio-
Interest coverage-1.84
Gross margin-
Net margin-
ROA-11.7%
ROE85.4%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2021
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2021
Balance sheet, Assets
TOTAL ASSETS 20/58€343k
Fixed assets 21/28€59k
Intangible fixed assets 21€373
Tangible fixed assets 22/27€57k
Financial fixed assets 28€2k
Current assets 29/58€284k
Stocks & contracts in progress 3€80k
Amounts receivable within one year 40/41€189k
Cash & bank 54/58€12k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€343k
Equity 10/15€-47k
Contributions / capital 10/11€100k
Reserves 13€1k
Accumulated profits (losses) 14€-148k
Amounts payable 17/49€390k
Amounts payable within one year 42/48€390k
Trade debts payable within one year 44€329k
Income statement
Gross operating margin 9900€38k
Operating result 9901€-30k
Financial charges 65€7k
Result before taxes 9903€-37k
Income taxes 67/77€3k
Net result for the period 9904€-40k
Result to be appropriated 9905€-40k
You're seeing the latest fiscal year only. Unlock 3 prior years (figures + ratios) with a paid plan. See plans →
Ratios computed by Checked.

Health barometer

FY 2021 · computed
0 / 100 Critical
050100
Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

Unlock the full score breakdown, per-year score history and the indicative credit limit from Kantoor S.

See plans →
Computed by Checked from the NBB filing for FY 2021 and an insolvency signal from the Belgian State Gazette. Indicative, not credit advice.

Directors

Directors & mandates

Not yet read from the acts

6 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

1 mandate
Role Name Tenure Source
Curator MELANIE GHILAIN
RUE DE BORDEAUX 50/3, 6040 JUMET (CHARLEROI)- . Date provisoire de cessation de paiement : 04/03/2024
04-03-2024 → present Belgian State Gazette

Legal Structure

NACE primary Algemene elektrotechnische installatiewerken(43211)
Legal form Private limited company (pre-2019)(015)
Incorporation10-01-2011
StatusActive
Postal code-
First BS signal 15-07-2019
Latest BS signal 08-03-2024

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.

1 court or liquidation mandate is 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

on the map · from the address register
exact location from the address register On OpenStreetMap
56 companies at this address See who is registered here

Establishment units

1 location
Emega
Vervaardiging van onderdelen van elektrische installaties
since 20112.196.135.230
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Parcels2
Ground area5,854 m²
Buildings2
Building footprint2,667 m²
Volume (LiDAR)14,623 m³
Tallest building9.6 m · ±2 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.

Wallonia 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
25782C0642/00C000 Wallonia 4,842 m² 1 · 2,423 m² 9.6 m · 2 fl.
52003B0364/00N000 Wallonia 1,012 m² 1 · 244 m² -
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

3 events from the State Gazette
08-03-2024
Bankruptcy Opening
Date: 04-03-2024 · Tribunal de l’entreprise du Hainaut, division Charleroi · EMEGA (SPRL) CHAUSSEE DE NIVELLES 167, 7181 SENEFFE · Publications in State Gazette ↗
10-12-2019
Judicial reorganisation Extension
Date: 02-12-2019 · Tribunal de l’entreprise du Brabant wallon · collectif · Publications in State Gazette ↗
15-07-2019
Judicial reorganisation Opening
Date: 09-07-2019 · Tribunal de l’entreprise du Brabant wallon · collectif · Publications in State Gazette ↗

Time machine: BS events + macro context

2019-2026
COVID lockdownEnergiecrisisECB hikes201920202021202220232024202520262019-07-15 · Judicial reorganisation · Opening2019-12-10 · Judicial reorganisation · Extension2024-03-08 · Bankruptcy · Opening
Macro context
2020-Q2/Q3 COVID lockdown
2022 energy crisis
2023-2024 ECB rate hikes
Legend
Bankruptcy
Interim / reorg
KBO event

Belgisch Staatsblad · acts

1 acts
All acts · 1 updated 3 years ago
2023
27-04-2023 Discharge granted to the board Director changes

Analysis

Snowflake analysis

financial profile on 5 axes
Health0Profitability100Solvency38Growth58Stability0
39 / 100

Fragile profile, watch health in particular.

All 5 axes are computed from data Checked has read.

Health 0
Profitability 100
Solvency 38
Growth 58
Stability 0

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Credit advice

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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
Elektrotechnische installatiewerken aan gebouwen43211Algemene elektrotechnische installatiewerken43211
Primary activity highlighted.
Names & trade names
Legal nameFR EMEGA
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.