EMJ consulting
EMJ consulting is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €20k and a net result of €-10k. Equity is shrinking by ~24.7% per year across the filed fiscal years. Its solvency ranks better than 79% of 2365 sector peers (fiscal year 2025). The company has been active since 1999 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €20k |
| Net result | €-10k |
| Better than sector | 79% |
| Active | 27 yrs |
Mixed profile: strong on solvency, weaker on profitability.
Computed on 4 of 5 axes. Not measured: health. An unmeasured axis is not a zero: no data was read for it.
This is a financial institution (bank, insurer or financial holding). Our bankruptcy model is trained on ordinary trading and manufacturing companies; a bank balance sheet falls outside that scope. We therefore show no bankruptcy probability rather than a misleading figure.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 81.0% | 50.6% | |
| Net result | €-10k | €33k | |
| Equity | €20k | €127k | |
| Gross operating margin | €-2k | €105k | |
| Total assets | €24k | €359k |
Figures by fiscal year and ratios
| Fiscal year | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Deposit | micro schema | micro schema | micro schema | micro schema | micro schema |
| Revenue | n/a | n/a | n/a | n/a | n/a |
| EBITDA | n/a | n/a | n/a | n/a | n/a |
| Net profit | €-10k | €-7k | €2k | €5k | €6k |
| Cash flow | n/a | n/a | n/a | n/a | n/a |
| Staff costs | - | - | - | - | - |
| Income taxes | €132 | €694 | €849 | €2k | €3k |
| Dividends | - | €11k | €11k | - | - |
| Total assets | €24k | €32k | €53k | €63k | €58k |
| Equity | €20k | €30k | €48k | €57k | €52k |
| Debt | €5k | €2k | €5k | €6k | €6k |
| of which ≤ 1y | €3k | €2k | €5k | €6k | €6k |
| of which > 1y | - | - | - | - | - |
| Working capital | n/a | n/a | n/a | n/a | n/a |
| Employees (FTE) | - | - | - | - | - |
| 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|
| Current ratio | n/a | n/a | n/a | n/a | n/a |
| Quick ratio | n/a | n/a | n/a | n/a | n/a |
| Working capital ratio | n/a | n/a | n/a | n/a | n/a |
| Solvency | 81.0% | 94.0% | 89.8% | 90.9% | 89.2% |
| Debt / equity | n/a | n/a | n/a | n/a | n/a |
| Long-term debt ratio | n/a | n/a | n/a | n/a | n/a |
| Interest coverage | n/a | n/a | n/a | n/a | n/a |
| Gross margin | n/a | n/a | n/a | n/a | n/a |
| Net margin | n/a | n/a | n/a | n/a | n/a |
| ROA | -43.4% | -22.1% | 3.0% | 8.2% | 9.9% |
| ROE | -53.6% | -23.5% | 3.4% | 9.1% | 11.1% |
| EBITDA margin | n/a | n/a | n/a | n/a | n/a |
| Days sales outstanding | n/a | n/a | n/a | n/a | n/a |
| Days payable outstanding | n/a | n/a | n/a | n/a | n/a |
| Inventory turnover | n/a | n/a | n/a | n/a | n/a |
| Days inventory (DSI) | n/a | n/a | n/a | n/a | n/a |
Full annual accounts (22 line items)
| Line item | Code | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| Balance sheet, Assets | ||||||
| TOTAL ASSETS | 20/58 | €24k | €32k | €53k | €63k | €58k |
| Fixed assets | 21/28 | €7k | €15k | €21k | €2k | €219 |
| Tangible fixed assets | 22/27 | €7k | €15k | €21k | €2k | €219 |
| Current assets | 29/58 | €17k | €17k | €32k | €61k | €58k |
| Amounts receivable within one year | 40/41 | €8k | €4k | €2k | €2k | €2k |
| Cash & bank | 54/58 | €8k | €12k | €29k | €58k | €56k |
| Balance sheet, Equity & liabilities | ||||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €24k | €32k | €53k | €63k | €58k |
| Equity | 10/15 | €20k | €30k | €48k | €57k | €52k |
| Contributions / capital | 10/11 | €13k | €13k | €13k | €20k | €19k |
| Reserves | 13 | €21k | €21k | €34k | €36k | €33k |
| Accumulated profits (losses) | 14 | €-14k | €-3k | €772 | €772 | €772 |
| Amounts payable | 17/49 | €5k | €2k | €5k | €6k | €6k |
| Amounts payable within one year | 42/48 | €3k | €2k | €5k | €6k | €6k |
| Trade debts payable within one year | 44 | €885 | €541 | €2k | €36 | €103 |
| Income statement | ||||||
| Gross operating margin | 9900 | €-2k | €2k | €5k | €9k | €9k |
| Operating result | 9901 | €-10k | €-6k | €2k | €8k | €9k |
| Financial income | 75 | €121 | €24 | €25 | €40 | €17 |
| Financial charges | 65 | €37 | €45 | €45 | €45 | €53 |
| Result before taxes | 9903 | €-10k | €-6k | €2k | €8k | €9k |
| Income taxes | 67/77 | €132 | €694 | €849 | €2k | €3k |
| Net result for the period | 9904 | €-10k | €-7k | €2k | €5k | €6k |
| Result to be appropriated | 9905 | €-10k | €-7k | €2k | €5k | €6k |
-
Herman PARDONEenige bestuurderState Gazette act 22388024 (28-12-2022)Current23-12-2022 → present
Former directors (1)
-
Luc DetobelEenige bestuurderState Gazette act 22388024 (28-12-2022)Former- → 28-12-2022
| NACE primary | Activities auxiliary to financial services and insurance activities(66290) |
| Legal form | Private limited company(610) |
| Incorporation | 19-07-1999 |
| Status | Active |
| Postal code | 1180 |
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21616G0125/00N003 | Brussels | 75 m² | 1 · 75 m² | 9.9 m · 2 fl. |
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
28-12-2022 Capital decrease of €5,000 to €13,600
- €18.600 → €13.600
Technical details
{
"events": [
{
"kind": "statutory_reserve_release",
"after_eur": 13600.0,
"delta_eur": -5000.0,
"before_eur": 18600.0,
"share_emission": {
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"share_form": null,
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"issue_price_per_share_eur": null
},
"decrease_purpose": null,
"contribution_type": "reserves_incorporation",
"paid_up_delta_eur": null,
"n_shares_destroyed": null,
"not_yet_called_eur": null,
"merger_new_shares_n": null,
"merger_exchange_ratio": null,
"distribution_amount_eur": null,
"statutory_unavailable_equity_op": "convert_to_distributable"
}
],
"notary": {
"name": "Maximilien Charpentier",
"firm_city": null,
"firm_name": null,
"office_city": "Sombreffe",
"is_associated": false
},
"act_meta": {
"language": "nl",
"pub_date": "2022-12-28",
"filing_date": "2022-12-23",
"act_kind_objet": "Onderwerp akte:"
},
"decision": {
"body": "algemene_vergadering",
"act_date": "2022-12-19",
"unanimous": null,
"under_authorized_capital": true,
"underlying_resolution_date": null
},
"bedrijfsrevisor": null,
"subject_company": {
"kbo": "0466.677.589",
"name_full": "EMJ consulting",
"legal_form": "Besloten vennootschap met beperkte aansprakelijkheid",
"is_foreign_registered": false
},
"publication_proxy": {
"kind": "none",
"org_kbo": null,
"org_name": null,
"person_name": null,
"org_rep_person_name": null,
"person_role_at_subject": null
},
"co_filed_documents": [],
"shareholders_after": [],
"share_classes_after": [
{
"n_shares": 50,
"class_name": "Gewone Aandelen",
"capital_share_eur": 13600.0,
"voting_rights_per_share": 1.0
}
]
}| Legal nameNL | EMJ consulting |