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EMERALD

Active
Private limited companyfounded 199531 yrs activeVestingstraat 21, 2018 Antwerpen, BelgiumKBO/BCE: BE 0455.842.293
Summary

EMERALD has been active since 1995 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €284,923 and a net result of -€19,724. Equity is growing by ~35.6% per year across the filed fiscal years. Its solvency ranks better than 19% of 9138 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Risk analysisWatch ReportCompare
EMERALDActiveChecked score 84/100
Risk analysis ReportCompare

Overview

Activity
Wholesale trade
NACE 46480Retail sale of watches and jewellery NACE 47770NACE 51474
2 sites
Size
€2.3mtotal assets 2025
Equity
€284,923
Loss
-€19,724
Turnover not published (abridged schema)
Financial health
84 Excellent Checked score 2025
Bankruptcy chance 12 m
0.2%
Structure
Accounts filed 27 d late0 of 8 deeds read
Why 84- Equity €284,923 (12.2% of total assets)+ Size: total assets €2.3m+ Founded in 1995+ Figures for FY 2025 (filed 27-08-2026)Show the evidence

Checked score

Score 2025
84 / 100
Excellent
Probability in this band: under 0.55%
Better than 13% of its sector peers (NACE 46, small)
Performance against the sector, not lower risk
Every signal that weighs is under Signals.
Financial strength · tick = 2024
Weak
Solvency 37-5
equity 12.2% of total assets
Liquidity 6-16
short-term debt 87.8% · cash 3.4%
Profitability 18-29
return on assets -0.8%
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%

About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (4,373 companies)
Last 24 months 11-2024: 0.1% 12-2024: 0.1%● 0.0% vs 11-2024 01-2025: 0.1%▼ -2.1% vs 12-2024 02-2025: 0.1%▲ +5.7% vs 01-2025 03-2025: 0.2%▲ +24.8% vs 02-2025 04-2025: 0.2%● 0.0% vs 03-2025 05-2025: 0.2%▲ +13.4% vs 04-2025 06-2025: 0.2%▲ +7.1% vs 05-2025 07-2025: 0.1%▼ -57.5% vs 06-2025lowest value 08-2025: 0.1%● 0.0% vs 07-2025lowest value 09-2025: 0.1%● 0.0% vs 08-2025lowest value 10-2025: 0.1%● 0.0% vs 09-2025lowest value 11-2025: 0.1%● 0.0% vs 10-2025lowest value 12-2025: 0.1%● 0.0% vs 11-2025lowest value 01-2026: 0.1%● 0.0% vs 12-2025lowest value 02-2026: 0.1%▲ +3.1% vs 01-2026 03-2026: 0.1%▲ +4.0% vs 02-2026 04-2026: 0.1%▲ +4.9% vs 03-2026 05-2026: 0.1%▲ +12.0% vs 04-2026 06-2026: 0.1%▲ +3.3% vs 05-2026 07-2026: 0.2%▲ +28.8% vs 06-2026 08-2026: 0.5%▲ +193% vs 07-2026highest value 09-2026: 0.2%▼ -59.7% vs 08-2026 10-2026: 0.2%● 0.0% vs 09-2026
  • Size: total assets €2.3m lowers the probability for this profile
  • Equity €284,923 (12.2% of total assets) raises the probability
  • Founded in 1995 lowers the probability for this profile
  • Figures for FY 2025 (filed 27-08-2026) lowers the probability
Credit up to €23,000 at 30 days acceptable
Liquidity tight (current ratio 1.1 against 1.18 in 2024; short-term debt: 87.8% and cash: 3.4% of total assets), and 87.8% of the assets are financed with debt.
How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

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%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 46, small). Better than this share of them on solvency 14%, liquidity 5%, profitability 11%, growth against the median 21%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 03-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

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Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Size: total assets €2.3m
In the bankruptcy model this factor lowers the probability for this profile.
NBB · annual accounts
raises risk · Equity €284,923 (12.2% of total assets)
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
lowers risk · Founded in 1995
In the bankruptcy model this factor lowers the probability for this profile.
KBO
lowers risk · Figures for FY 2025 (filed 27-08-2026)
In the bankruptcy model this factor lowers the probability.
NBB · annual accounts
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 19% of 9138 sector peers (2025).
NBB · sector comparison
Position among 9138 sector peers
Solvency
better than 19%
← weakest strongest →
neutral · A punctual record breaks
This company filed 9 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-08-2026, 27 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filings
Deviation from the deadline
2025
27 d late
2024
36 d early
2023
30 d early
2022
34 d early
2021
19 d early
2020
29 d early
2019
37 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 23 days before the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 2 July (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
04-10-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2025 · abbreviated…
  2. Weakest financial yearnet -€19,724
  3. Annual accounts filedfiscal year 2024 · abbreviated…

Key points

  • Caution: Among the weakest 16% on net resultsector median €28,137 · 9,117 companies -€19,724 View
  • Active since 1995founded 04-08-1995 31 years View
  • Total assets 20256 fiscal years filed €2.3m View

By topic

Financials

Fiscal year
2025
Total assets
€2.3m
Loss
-€19,724
Solvency
12.2%
Total assets▲ 29.2%
Net result
20182025
Go to Financials

Timeline

Events
14
Since
2017
Next accounts
by 31-07-2027
  1. 27-08-2026Annual accounts filed
  2. 31-12-2025Weakest financial year
  3. 25-06-2025Annual accounts filed
Go to Timeline

Company details

Sites
2
Legal form
Private limited company
Activity
Wholesale tradeNACE 46480
Founded
04-08-1995
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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