EMF ENGINEERING
ActiveSummary
The computed 12-month bankruptcy probability of EMF ENGINEERING is 1.8% (moderate). The 2025 annual accounts show equity of €148k and a net result of €46k. Equity is growing by ~36.9% per year across the filed fiscal years. Its solvency ranks better than 73% of 1316 sector peers (fiscal year 2025). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability92▲+15
Solvency92▲+6
Growth85=
Track record94
Bankruptcy probability, 12 months
1.8%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €11k at 30 days acceptable
Liquidity ample (current ratio 2.72 against 2.31 in 2024; short-term debt: 32.9% and cash: 45.5% of total assets), and 33% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 33
Relative position
BE, all sectors
reference
Repair, maintenance and installation of machinery and equipment (NACE 33)
about 56% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
67%
Return on assets
21%
Age of the figures
9 mo
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 22-07-2026, 9 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
9 d early
2024
28 d late
2023
26 d late
2022
7 d early
2021
25 d late
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
€392k▼ 0.3%
2024 · €393k
2021: €50klowest in 5 years
2022: €245k▲ +389% vs 2021
2023: €428k▲ +74.6% vs 2022highest in 5 years
2024: €393k▼ -8.2% vs 2023
2025: €392k▼ -0.3% vs 2024
2021 → 2025
EBIT margin
15.3%▲ 6.3pp
2024 · 9.0%
2021: 29.3%highest in 5 years
2022: 5.5%▼ -81.3% vs 2021lowest in 5 years
2023: 19.0%▲ +246% vs 2022
2024: 9.0%▼ -52.6% vs 2023
2025: 15.3%▲ +70.1% vs 2024
2021 → 2025
Net result
€46k▲ 75.3%
2024 · €26k
2021: €11k
2022: €10k▼ -5.9% vs 2021lowest in 5 years
2023: €64k▲ +513% vs 2022highest in 5 years
2024: €26k▼ -58.4% vs 2023
2025: €46k▲ +75.3% vs 2024
2021 → 2025
Working capital
€125k▲ 25.5%
2024 · €99k
2021: €15klowest in 5 years
2022: €23k▲ +50.6% vs 2021
2023: €70k▲ +208% vs 2022
2024: €99k▲ +41.0% vs 2023
2025: €125k▲ +25.5% vs 2024highest in 5 years
2021 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€50k-€245k▲ 389%€428k▲ 74.6%€393k▼ 8.2%€392k▼ 0.3%
2021: €50klowest in 5 years
2022: €245k▲ +389% vs 2021
2023: €428k▲ +74.6% vs 2022highest in 5 years
2024: €393k▼ -8.2% vs 2023
2025: €392k▼ -0.3% vs 2024
Equity€16k-€26k▲ 64.8%€90k▲ 241%€117k▲ 29.4%€148k▲ 26.9%
2021: €16klowest in 5 years
2022: €26k▲ +64.8% vs 2021
2023: €90k▲ +241% vs 2022
2024: €117k▲ +29.4% vs 2023
2025: €148k▲ +26.9% vs 2024highest in 5 years
Operating result€15k-€13k▼ 8.4%€81k▲ 504%€35k▼ 56.5%€60k▲ 69.6%
2021: €15k
2022: €13k▼ -8.4% vs 2021lowest in 5 years
2023: €81k▲ +504% vs 2022highest in 5 years
2024: €35k▼ -56.5% vs 2023
2025: €60k▲ +69.6% vs 2024
Net result€11k-€10k▼ 5.9%€64k▲ 513%€26k▼ 58.4%€46k▲ 75.3%
2021: €11k
2022: €10k▼ -5.9% vs 2021lowest in 5 years
2023: €64k▲ +513% vs 2022highest in 5 years
2024: €26k▼ -58.4% vs 2023
2025: €46k▲ +75.3% vs 2024
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 70% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €221k
Fixed assets
€23k ▲ 38.5%
Current assets
€197k ▲ 12.6%
Equity and liabilities €221k
Equity
€148k ▲ 26.9%
Debt
€73k ▼ 4.1%
Debt's share of the balance-sheet total falls from 39.5% to 33.0%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€66k▲
2024 · €40k
Cash flow
€52k▲
2024 · €31k
Current ratio
2.72▲
2024 · 2.31
Debt to equity
0.49▼
2024 · 0.65
ROE
31.3%▲
2024 · 22.7%
ROA
21.0%▲
2024 · 13.7%
Interest coverage
30.64▲
2024 · 29.98
Debt ≤ 1 year
€73k▼
2024 · €76k
Income taxes
€13k▲
2024 · €8k
Staff costs
€110k▲
2024 · €96k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 46 lines
Balance sheet
Code20242025
Assets
Total assets20/58€193k€221k▲
Formation expenses20€559€242▼
Fixed assets21/28€17k€23k▲
Tangible fixed assets22/27€16k€22k▲
Plant, machinery and equipment23€4k€8k▲
Furniture and vehicles24€12k€14k▲
Financial fixed assets28€1k€1k=
Current assets29/58€175k€197k▲
Amounts receivable within one year40/41€72k€93k▲
Trade receivables40€47k€61k▲
Other amounts receivable41€25k€32k▲
Cash at bank and in hand54/58€102k€101k▼
Deferred charges and accrued income490/1€2k€4k▲
Equity and liabilities
Total equity and liabilities10/49€193k€221k▲
Equity10/15€117k€148k▲
Contributions10/11€5k€5k=
Profit (loss) carried forward14€112k€143k▲
Amounts payable17/49€76k€73k▼
Amounts payable within one year42/48€76k€73k▼
Current portion of amounts payable after more than one year42€4k€2k▼
Trade debts44€23k€11k▼
Suppliers440/4€23k€11k▼
Taxes, remuneration and social security45€47k€44k▼
Taxes450/3€38k€34k▼
Remuneration and social security454/9€9k€10k▲
Other amounts payable47/48€1k€15k▲
Accrued charges and deferred income492/3€190€287▲
Income statement
Code20242025
Turnover70€393k€392k▼
Goods, raw materials, services and sundry goods60/61€255k€224k▼
Remuneration, social security and pensions62€96k€110k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€6k▲
Other operating charges640/8€4k€650▼
Gross operating margin9900€139k€176k▲
Operating profit (loss)9901€35k€60k▲
Financial income75/76B€805€1k▲
Recurring financial income75€805€1k▲
Financial charges65/66B€1k€2k▲
Recurring financial charges65€1k€2k▲
Profit (loss) for the period before taxes9903€35k€59k▲
Income taxes67/77€8k€13k▲
Profit (loss) for the period9904€26k€46k▲
Profit (loss) for the period to be appropriated9905€26k€46k▲
Appropriation of the result
Profit (loss) to be appropriated9906€112k€158k▲
Profit (loss) brought forward from the previous period14P€85k€112k▲
Profit to be distributed694/7-€15k
Return on contributions (dividend)694-€15k
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €50k | €245k | €428k | €393k | €392k | ▼ 0.3% |
| Goods, raw materials, services and sundry goods60/61 | - | €201k | €248k | €255k | €224k | ▼ 12.2% |
| Remuneration, social security and pensions62 | €1k | €30k | €93k | €96k | €110k | ▲ 14.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €95 | €602 | €3k | €4k | €6k | ▲ 40.7% |
| Other operating charges640/8 | €336 | €83 | €3k | €4k | €650 | ▼ 81.6% |
| Gross operating margin9900 | €16k | €44k | €181k | €139k | €176k | ▲ 27.1% |
| Operating profit (loss)9901 | €15k | €13k | €81k | €35k | €60k | ▲ 69.6% |
| Financial income75/76B | - | €5 | €54 | €805 | €1k | ▲ 65.0% |
| Recurring financial income75 | - | €5 | €54 | €805 | €1k | ▲ 65.0% |
| Financial charges65/66B | €53 | €243 | €927 | €1k | €2k | ▲ 63.0% |
| Recurring financial charges65 | €53 | €243 | €927 | €1k | €2k | ▲ 63.0% |
| Profit (loss) for the period before taxes9903 | €15k | €13k | €81k | €35k | €59k | ▲ 69.8% |
| Income taxes67/77 | €4k | €3k | €17k | €8k | €13k | ▲ 52.6% |
| Profit (loss) for the period9904 | €11k | €10k | €64k | €26k | €46k | ▲ 75.3% |
| Profit (loss) for the period to be appropriated9905 | €11k | €10k | €64k | €26k | €46k | ▲ 75.3% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €37k | €51k | €152k | €193k | €221k | ▲ 14.7% |
| Formation expenses20 | €801 | €1k | €876 | €559 | €242 | ▼ 56.8% |
| Fixed assets21/28 | €300 | €2k | €20k | €17k | €23k | ▲ 38.5% |
| Tangible fixed assets22/27 | - | €2k | €18k | €16k | €22k | ▲ 41.8% |
| Plant, machinery and equipment23 | - | €267 | €4k | €4k | €8k | ▲ 113% |
| Furniture and vehicles24 | - | €2k | €14k | €12k | €14k | ▲ 20.0% |
| Financial fixed assets28 | €300 | €390 | €1k | €1k | €1k | = |
| Current assets29/58 | €35k | €47k | €132k | €175k | €197k | ▲ 12.6% |
| Amounts receivable within one year40/41 | €30k | €45k | €102k | €72k | €93k | ▲ 29.8% |
| Trade receivables40 | €29k | €44k | €92k | €47k | €61k | ▲ 30.5% |
| Other amounts receivable41 | €945 | €680 | €10k | €25k | €32k | ▲ 28.4% |
| Cash at bank and in hand54/58 | €5k | €2k | €29k | €102k | €101k | ▼ 1.0% |
| Deferred charges and accrued income490/1 | - | - | €1k | €2k | €4k | ▲ 91.9% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €37k | €51k | €152k | €193k | €221k | ▲ 14.7% |
| Equity10/15 | €16k | €26k | €90k | €117k | €148k | ▲ 26.9% |
| Contributions10/11 | €5k | €5k | €5k | €5k | €5k | = |
| Outside capital11 | €5k | €5k | - | - | - | - |
| Other1109/19 | €5k | €5k | - | - | - | - |
| Profit (loss) carried forward14 | €11k | €21k | €85k | €112k | €143k | ▲ 28.1% |
| Amounts payable17/49 | €21k | €24k | €62k | €76k | €73k | ▼ 4.1% |
| Amounts payable after more than one year17 | - | - | €785 | - | - | - |
| Financial debts170/4 | - | - | €785 | - | - | - |
| Amounts payable within one year42/48 | €20k | €24k | €61k | €76k | €73k | ▼ 4.2% |
| Current portion of amounts payable after more than one year42 | - | - | €3k | €4k | €2k | ▼ 54.2% |
| Trade debts44 | €17k | €2k | €5k | €23k | €11k | ▼ 51.7% |
| Suppliers440/4 | €17k | €2k | €5k | €23k | €11k | ▼ 51.7% |
| Taxes, remuneration and social security45 | €4k | €15k | €51k | €47k | €44k | ▼ 5.6% |
| Taxes450/3 | €4k | €14k | €35k | €38k | €34k | ▼ 10.6% |
| Remuneration and social security454/9 | - | €2k | €15k | €9k | €10k | ▲ 16.3% |
| Other amounts payable47/48 | - | €7k | €2k | €1k | €15k | ▲ 1,264% |
| Accrued charges and deferred income492/3 | €234 | €94 | €94 | €190 | €287 | ▲ 51.2% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €11k | €10k | €64k | €26k | €46k | ▲ 75.3% |
| + Depreciation and write-downs630 | €95 | €602 | €3k | €4k | €6k | ▲ 40.7% |
| Operating cash flow (approximation) | €11k | €11k | €67k | €31k | €52k | ▲ 70.5% |
| Investment in fixed assets (approximation) | - | €-3k | €-20k | €-1k | €-12k | ▼ 796% |
| Change in cash | - | €-4k | €27k | €73k | €-1k | ▼ 101% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
22-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
28-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 28 days late
2024
31-12
Financial
Equity above €100kEq €117k ▲29.4%
4 profitable years in a row build equity to €117k.
26-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 26 days late
2023
31-12
Financial
Highest result since 2021net €64k ▲513%
Operating result €81k, net result €64k, both a record.
24-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Weakest financial yearnet €10k ▼5.9%
Net result drops to €10k, the lowest in the series; recovery starts the following year.
25-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 25 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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
Registered office, Fontaine-l'Evêque · 1 establishment unit since 2021
Ground area
475 m²
Building footprint
75 m²
Volume, LiDAR
455 m³
Parcel 52022A0458/00C000, Wallonia · tallest building 8.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
EMF engineering
since 20212.317.599.422
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 52022A0458/00C000 | Wallonia | 475 m² | 1 · 75 m² | 8.3 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 650 companies in sector 33140 we hold annual accounts for 204. 152 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded12-05-2021
Fiscal year end31-12
Activities, NACEBEL 2025
33140Repair and maintenance of electrical equipment
43211General electrical installation work
33200Installation of industrial machinery and equipment
42220Construction of utility projects for electricity and telecommunications
43212Electrical installation work in industrial facilities
43222Installation of electric heating, air conditioning, cooling and ventilation
Contact
E-mail
emf.engineering@outlook.com
E-mail
merci.eric@hotmail.com
Phone
+32473704124
Scores and ratios are computed by Checked and are not a credit decision.