EMLH CORP · Checked.be

Summary

Conclusion

the dossier summarised in one paragraph

The computed 12-month bankruptcy probability of EMLH CORP is 0.5% (low). The 2024 annual accounts show equity of €62k and a net result of €14k. Its solvency ranks better than 12% of 7351 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.

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

Signals

1 signal · with evidence

Weak solvency vs sector

Solvency (equity / total assets) is in the sector's weakest quartile: better than 12% of 7351 sector peers (2024).

View the sector comparison

Signals are derived from the filed annual accounts and the sector comparison. No composite score: each signal is separately verifiable at the source.

Filing behaviour

From the deposit records, complete market-wide

Filed after the deadline

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 01-09-2025, 32 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.

How we compute the deadline

There is a single filed set of accounts, closing on 31-12. That date is certain, but one observation does not establish the rhythm (a first financial year may run longer than twelve months), so we project no following year. 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 31-12-2024, that is 31-07-2025.

Deadline per financial year

Year closed	Due by	Filed	Variance	Reference
31-12-2024	31-07-2025	01-09-2025	32 d late	2025-00471045

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

More than 3 years active

Founded in 2021, past the statistically most fragile first 3 years.

No legal incidents

No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.

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.

Bankruptcy probability (12 mo)

Checked model v1 · free for everyone

0.5% Low

0%0,5%1,5%4%10%≥25%

Lower-failure-rate sector −Young company +Higher-failure-rate region +

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Financials

TurnoverNot published (abbreviated filing)

EBIT marginNot published (abbreviated filing)

Net result€14k

Working capital€75k

CSV export

Annual accounts & ratios

Source: NBB · 2024

Annual accounts filed on 01-09-2025 with the NBB · fiscal year 2024 · micro

Sector comparison

Fiscal year 2024 · NACE 62, Computer programming & consultancy · compared within the same schema type (micro schema)

Metric	This company	Sector median	Position in the sector
Solvency	11.1%	65.0%	better than 12% of 7351 sector peers
Net result	€14k	€32k	better than 31% of 7348 sector peers
Equity	€62k	€58k	better than 53% of 7353 sector peers
Gross operating margin	€56k	€52k	better than 53% of 7342 sector peers
Staff costs	€304	€17k	higher than 15% of 1083 sector peers

Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.

Highlight YoY changes (±10%)

Fiscal year	2024
Deposit	micro
Revenue	-
EBITDA	€53k
Net profit	€14k
Cash flow	€35k
Staff costs	€304
Income taxes	-
Dividends	-
Total assets	€557k
Equity	€62k
Debt	€495k
of which ≤ 1y	€45k
of which > 1y	€402k
Working capital	€75k
Employees (FTE)	-

Ratios (computed)

	2024
Current ratio	2.66
Quick ratio	2.66
Working capital ratio	13.4%
Solvency	11.1%
Debt / equity	7.97
Long-term debt ratio	6.47
Interest coverage	2.90
Gross margin	-
Net margin	-
ROA	2.4%
ROE	21.9%
EBITDA margin	-
Days sales outstanding	-
Days payable outstanding	-
Inventory turnover	-
Days inventory (DSI)	-

Balance-sheet composition 2024

Assets

Fixed assets €438k · 78.5% Current assets €120k · 21.5%

Equity & liabilities

Equity €62k · 11.2% Debt €495k · 88.9%

Full annual accounts (22 line items)

Filed balance sheet and income statement, exactly as deposited with the NBB.

Line item	Code	2024
Balance sheet, Assets
TOTAL ASSETS	20/58	€557k
Fixed assets	21/28	€438k
Tangible fixed assets	22/27	€437k
Financial fixed assets	28	€550
Current assets	29/58	€120k
Amounts receivable within one year	40/41	€38k
Cash & bank	54/58	€82k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€557k
Equity	10/15	€62k
Contributions / capital	10/11	€500
Accumulated profits (losses)	14	€62k
Amounts payable	17/49	€495k
Amounts payable after one year	17	€402k
Amounts payable within one year	42/48	€45k
Trade debts payable within one year	44	€22k
Income statement
Gross operating margin	9900	€56k
Operating result	9901	€32k
Financial income	75	€163
Financial charges	65	€18k
Result before taxes	9903	€14k
Net result for the period	9904	€14k
Result to be appropriated	9905	€14k

Ratios computed by Checked.

Health barometer

FY 2024 · computed

68 / 100 Healthy

050100

Computed from 4 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.

See plans →

Computed by Checked from the NBB filing for FY 2024. Indicative, not credit advice.

Directors

Directors & mandates

1 director

2 of this company's 2 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing below: a director who resigned there may therefore still show here as sitting. See the acts under Publications.

Former directors (1)

Fabrice DUCHENE
Manager
State Gazette act 24416994 (18-07-2024)

Former
- → 18-07-2024

Full appointment history from the Belgian State Gazette. Permanent representatives are shown for corporate directors.This list is read straight from this company's published acts, not from the officer register.

Insolvency mandates

No insolvency mandates (liquidators, administrators) on record for this company.

Legal Structure

NACE primary	Activiteiten op het gebied van computerconsultancy en beheer van computerfaciliteiten(62200)
Legal form	Private limited company(610)
Incorporation	23-03-2021
Status	Active
Postal code	1380

Structure & network

Locations & real estate

Registered office

on the map · from the address register

exact location from the address register On OpenStreetMap

3 companies at this address See who is registered here

Establishment units

1 location

EMLH CORP

Rue du Printemps 27, 1380 LasneOntwerpen en programmeren van computerprogramma's

since 20212.318.705.420

Physical sites registered in the Crossroads Bank for Enterprises (CBE).

Parcels1

Ground area1,094 m²

Buildings1

Building footprint87 m²

Volume (LiDAR)706 m³

Tallest building9.3 m · ±3 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 1 (100%)