Skip to content

Emmaüs

Active
Non-profit associationfounded 1971active for 55 yearsEdgard Tinellaan 1C, 2800 Mechelen, BelgiumKBO/BCE: BE 0411.515.075
Summary

Emmaüs has been active since 1971 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €572.4m and a net result of €15.4m. Equity has been stable since 2018 (±0.6% per year). Its solvency ranks better than 47% of 3,032 sector peers (NACE 86, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Overview

Official details

Source: KBO
Status
Active since 17-09-1971 Normal situation
Activity
Human health activities NACE 86101and 3 others
Joint committees
319.01 Paritair Subcomité voor de opvoedings- en huisvestingsinrichtingen en -diensten van de Vlaamse Gemeenschap
330 Paritair Comité voor de gezondheidsinrichtingen en -diensten
331 Paritair Comité voor de Vlaamse welzijns- en gezondheidssector · annual accounts 2025
Establishment units
2.138.249.786 2800 Mechelen, since 01-01-1935
2.138.249.885 2801 Mechelen, since 01-01-1935and 97 others
Financial year end
31 December
Peppol
Reachable

Board and ownership

Board
  • Guido Van OevelenChair
  • De PastorijDirector · since 09-01-2017 · permanent representative Johan Clemens
  • DE WEGDirector · since 09-01-2017 · permanent representative Pieter Demeester
and 13 others
Auditor
Callens, Pirenne & Co BVCB CVBA

Financial position

96 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
< 0.1%
Annual accounts 2025
Turnover
€624.2m
▲ 4.6%
Surplus
€15.4m
▲ 40.1%
Equity
€572.4m
▲ 2.6%
Total assets
€1.04bn
▲ 3.9%
Employees on 31-12-2025
7,984
▲ 2.0%
Score breakdownraises riskLiquidity: current ratio 1.85, cash €53.8mlowers riskLegal form: non-profit associationSector: Human health activities (NACE 86)Size: turnover €624.2m, 6,326.6 FTE, total assets €1.04bnShow the evidence

Checked score

Score 2025
96 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 69% of large companies in human health (NACE 86)
Financial strength · tick: 2024
Strong
Solvency 80-1
equity 55.2% of total assets
Liquidity 50+1
short-term debt 19.8% · cash 5.2%
Profitability 67+1
return on assets 1.5%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

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

Sector median < 0.1% (83 companies, NACE 86, large)
Last 24 months 12-2024: < 0.1% 01-2025: < 0.1%● unchanged vs 12-2024 02-2025: < 0.1%● unchanged vs 01-2025lowest value 03-2025: < 0.1%● unchanged vs 02-2025 04-2025: < 0.1%● unchanged vs 03-2025 05-2025: < 0.1%● unchanged vs 04-2025 06-2025: < 0.1%● unchanged vs 05-2025 07-2025: < 0.1%● unchanged vs 06-2025highest value 08-2025: < 0.1%● unchanged vs 07-2025 09-2025: < 0.1%● unchanged vs 08-2025 10-2025: < 0.1%● unchanged vs 09-2025 11-2025: < 0.1%● unchanged vs 10-2025 12-2025: < 0.1%● unchanged vs 11-2025 01-2026: < 0.1%● unchanged vs 12-2025 02-2026: < 0.1%● unchanged vs 01-2026lowest value 03-2026: < 0.1%● unchanged vs 02-2026 04-2026: < 0.1%● unchanged vs 03-2026 05-2026: < 0.1%● unchanged vs 04-2026 06-2026: < 0.1%● unchanged vs 05-2026 07-2026: < 0.1%● unchanged vs 06-2026 08-2026: < 0.1%● unchanged vs 07-2026 09-2026: < 0.1%● unchanged vs 08-2026 10-2026: < 0.1%● unchanged vs 09-2026 11-2026: < 0.1%● unchanged vs 10-2026
Credit of up to €54,900,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 1.85 (1.78 in 2024), above the usual 1.5. Short-term debt is 19.8% and cash 5.2% of total assets. 44.8% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

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%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 86, large). It does better than 71% of them on solvency, 65% on liquidity, 83% on profitability and 57% on growth.

The bankruptcy probability was computed on 02-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Legal form: non-profit association
KBO
lowers risk · Sector: Human health activities (NACE 86)
KBO
lowers risk · Size: turnover €624.2m, 6,326.6 FTE, total assets €1.04bn
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Liquidity: current ratio 1.85, cash €53.8m
NBB · annual accounts
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 25-06-2026, 36 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
36 days early
2024
31 days early
2023
36 days early
2022
27 days early
2021
37 days early
2020
32 days early
2019
42 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 34 days before the deadline. In the sector (NACE 86), the median for financial year 2024 was 7 days before the deadline, and 36% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 26 June (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
03-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: Largest employer in Mechelen, Health and social work sectorin the Checked rankings No. 1 View
  • Positive: 7 years of growth in a rowturnover 2025: €624.2m 7 years View
  • Flemish supportawarded from 2022 to 2025 €432.7m View
  • Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
  • Merger with BUSSUMmerger on 23-07-2025 2025 View
  • Positive: Result rose in 2025from €11.0m to €15.4m ▲ 40.1% View

Recent changes

  1. · Gazette deed Reappointments: Jan Seresia, Veerle Draulans and Luk Van EylenPermanent representatives: Johan Clemens, Pieter Demeester and Dirk De Wachter
  2. · Gazette deed Transfer: DE SPEELHOEVE transfers a universality to Emmaüs
  3. · Gazette deed Miscellaneous
All 56 events

Comparable companies

These companies have the same main activity as Emmaüs: human health activities (NACE 86101). They are comparable in size and age: total assets between €457m and €875m, founded between 1937 and 2000.

CompanyTotal assetsTurnover
Emmaüs Mechelen€1,037.5m€624.2m
Groupe santé CHC Liège€762.9m€691.6m
Cliniques universitaires Saint-Luc Sint-Lambrechts-Woluwe€612.1m€857.9m
HUmani Charleroi€699.8m€662.3m
VIVALIA Bastogne€507.8m€473.1m
CENTRE HOSPITALIER REGIONAL DE LA CITADELLE Liège€456.9m€594.0m
Centre Hospitalier Interrégional Edith Cavell - Les Hôpitaux de Braine-l'Alleud - Waterloo, de Delta et de Sainte-Anne Saint-Remi; les Cliniques de la Basilique et Edith Cavell, les Centres... Oudergem€874.8m€803.9m
Full comparison

Key facts about Emmaüs

What is the company number of Emmaüs?
The company number of Emmaüs is 0411.515.075. The VAT number is the same number with BE in front: BE 0411.515.075.
Where is Emmaüs based?
The registered office is at Edgard Tinellaan 1C, 2800 Mechelen.Company details
What does Emmaüs do?
According to the KBO register, the main activity is human health activities (NACE 86101).
What is the legal form of Emmaüs?
The legal form of Emmaüs is Non-profit association (VZW).
When was Emmaüs founded?
Emmaüs was founded on 17-09-1971.
Is Emmaüs still active?
Yes, Emmaüs is an active enterprise in the KBO register.
How many employees does Emmaüs have?
Emmaüs had an average of 6,326.6 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does Emmaüs fall under?
In its 2025 annual accounts, Emmaüs states joint committees 319.01 (Paritair Subcomité voor de opvoedings- en huisvestingsinrichtingen en -diensten van de Vlaamse Gemeenschap), 330 (Paritair Comité voor de gezondheidsinrichtingen en -diensten) and 331 (Paritair Comité voor de Vlaamse welzijns- en gezondheidssector).
What is the turnover of Emmaüs?
The turnover of Emmaüs was €624.2m in financial year 2025, according to the filed annual accounts.
Is Emmaüs profitable?
In financial year 2025, Emmaüs made a profit of €15.4m.
Where can I find the annual accounts of Emmaüs?
Emmaüs filed 20 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of Emmaüs due?
Emmaüs must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

Next steps

See how customers, suppliers and banks see your own company and what to improve first.

Keep this company with today's facts in a case file.