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EMS & Co

Active
Lange Minnestraat 2 ·9280 Lebbeke, Belgium
Open bankruptcy
KBO/BCE: BE 0804.204.432
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Age3 yrs
Staff (FTE)1.1

Summary

Conclusion

the dossier summarised in one paragraph

A bankruptcy procedure is open for EMS & Co according to publications in the Belgian State Gazette. The 2024 annual accounts show negative equity (€-25k) and a net result of €-78k.

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

Bankruptcy probability (12 mo)

Checked model v1 · free for everyone

Bankruptcy opened

A bankruptcy procedure is already open, a probability score is no longer meaningful. See the insolvency timeline for the state of the procedure.

Insolvency timeline

1 events
26-01-2026
Bankruptcy Opening
Date: 20-01-2026 · Ondernemingsrechtbank Gent, afdeling Dendermonde · EMS & CO BV LANGE MINNE- STRAAT 2, 9280 LEBBEKE · Publications in State Gazette ↗

Signals

1 signal · with evidence
Negative equity
Equity is negative for financial year 2024: liabilities exceed assets. This is the trigger point of the alarm-bell procedure (Belgian CAC).
View the annual accounts

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

Trust signals

2 signals
Register: open bankruptcy
The KBO register records legal situation 050 for this company. This is today's state according to the register itself; the register carries no start date.
Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.

Administrative Flags

No administrative flags

Financials

TurnoverNot published (abbreviated filing)
EBIT marginNot published (abbreviated filing)
Net result€-78k
Working capital€-76k
Directors1

Annual accounts & ratios

Source: NBB · 2024
Annual accounts filed on 29-04-2025 with the NBB · fiscal year 2024 · micro
Sector comparison
Fiscal year 2024 · NACE 47, Retail trade · compared within the same schema type (micro schema)
Metric This company Sector median Position in the sector
Solvency -7.7% 20.4%
better than 23% of 6697 sector peers
Net result €-78k €4k
better than 5% of 6677 sector peers
Equity €-25k €16k
better than 12% of 6711 sector peers
Gross operating margin €13k €24k
better than 39% of 6656 sector peers
Staff costs €50k €33k
higher than 64% of 3034 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
Fiscal year2024
Revenue-
EBITDA€-38k
Net profit€-78k
Cash flow€-46k
Staff costs€50k
Income taxes-
Dividends-
Total assets€320k
Equity€-25k
Debt€344k
of which ≤ 1y€231k
of which > 1y€113k
Working capital€-76k
Employees (FTE)1.1
Ratios (computed)
2024
Current ratio0.67
Quick ratio0.23
Working capital ratio-23.7%
Solvency-7.7%
Debt / equity-14.01
Long-term debt ratio-4.61
Interest coverage-4.29
Gross margin-
Net margin-
ROA-24.3%
ROE315.6%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2024
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2024
Balance sheet, Assets
TOTAL ASSETS 20/58€320k
Fixed assets 21/28€164k
Tangible fixed assets 22/27€161k
Financial fixed assets 28€4k
Current assets 29/58€155k
Stocks & contracts in progress 3€102k
Amounts receivable within one year 40/41€4k
Cash & bank 54/58€44k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€320k
Equity 10/15€-25k
Contributions / capital 10/11€53k
Accumulated profits (losses) 14€-78k
Amounts payable 17/49€344k
Amounts payable after one year 17€113k
Amounts payable within one year 42/48€231k
Trade debts payable within one year 44€195k
Income statement
Gross operating margin 9900€13k
Operating result 9901€-69k
Financial income 75€40
Financial charges 65€9k
Result before taxes 9903€-78k
Net result for the period 9904€-78k
Result to be appropriated 9905€-78k
Ratios computed by Checked.

Health barometer

FY 2024 · computed
0 / 100 Critical
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.

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Computed by Checked from the NBB filing for FY 2024 and an insolvency signal from the Belgian State Gazette. Indicative, not credit advice.

Directors

Directors & mandates

No directors on record

No directors or mandates are on record for this company in the CBE. Not every legal form publishes directors; if they appear in the Belgian State Gazette later, they show up here automatically.

Insolvency mandates

1 mandate
Role Name Tenure Source
Curator ALAIN CLEYMAN
PR. JOS. CHARLOTTELAAN 71, 9100 SINT-NIKLAAS
20-01-2026 → present Belgian State Gazette

Legal Structure

NACE primary Niet-gespecialiseerde detailhandel waarbij voedings- en genotmiddelen overheersen(47110)
Legal form Private limited company(610)
Incorporation24-07-2023
StatusActive
Postal code9280
First BS signal 26-01-2026
Latest BS signal 26-01-2026

Structure & network

Company structure: linked entities

1 linked entity
EMS & CoBE 0804.204.432ALAIN CLEYMANReceiver ↔ 95Thiryn, RingoDARONBoulayoune El Mou…
Mandates
1 of these mandate-holders are active on other cases, click any red card to open that KBO.

Locations & real estate

Establishment units

1 location
EMS & Co
Lange Minnestraat 2, 9280 LebbekeDetailhandel in niet-gespecialiseerde winkels waarbij voedings- en genotmiddelen overheersen (verkoopsoppervlakte tussen 100 m² en minder dan 400 m²)
since 20232.347.487.003
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Parcels1
Ground area727 m²
Buildings1
Building footprint372 m²

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.

Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
42322C0090/00E000 Flanders 727 m² 1 · 372 m² -
Methodology
via registered seat: 1
1 of 1 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Publications

Lifecycle & Insolvency Signals

1 event from the State Gazette
26-01-2026
Bankruptcy Opening
Date: 20-01-2026 · Ondernemingsrechtbank Gent, afdeling Dendermonde · EMS & CO BV LANGE MINNE- STRAAT 2, 9280 LEBBEKE · Publications in State Gazette ↗

Time machine: BS events + macro context

2021-2026
COVID lockdownEnergiecrisisECB hikes2021202220232024202520262026-01-26 · Bankruptcy · Opening
Macro context
2020-Q2/Q3 COVID lockdown
2022 energy crisis
2023-2024 ECB rate hikes
Legend
Bankruptcy
Interim / reorg
KBO event

Belgian State Gazette · acts

No structured acts for this company yet

That means one of two things: the company has published no company deeds, or its deeds are still queued for reading. The insolvency signals above come from a separate source and are complete.

Analysis

Snowflake analysis

financial profile on 5 axes
Health0Profitability100Solvency37Growth-Stability0
34 / 100

Fragile profile, watch health in particular.

Computed on 4 of 5 axes. Not measured: growth. An unmeasured axis is not a zero: no data was read for it.

Health 0
Profitability 100
Solvency 37
Growth -
Stability 0

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Credit advice

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Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.

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Company registry

Company registry (CBE)

Crossroads Bank
Activities
Niet-gespecialiseerde detailhandel waarbij voedings- en genotmiddelen overheersen47110Detailhandel in niet-gespecialiseerde winkels waarbij voedings- en genotmiddelen overheersen (verkoopsoppervlakte tussen 100 m² en minder dan 400 m²)47113
Primary activity highlighted.
Names & trade names
Legal nameNL EMS & Co
Registered office
Lange Minnestraat 2
9280 Lebbeke, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.