Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
L'Emulation from Verviers, company number BE0402275529, closed financial year 2025 with a result of € -2,213 after tax. For that financial year L'Emulation recorded a gross margin of € 7,175 and equity of € 100,278. Compared with financial year 2024, the result moved from € -1,090 to € -2,213. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on June 10, 2026.
€ 100,278
▼ 2% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -2,213
▼ 103 % more loss than in 2024
Profit after tax over the fiscal year.
€ 17,092
▲ 8% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 38,278.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 13,732 | € 7,166 | € 8,760 | € 7,175 | ▼ 18% |
| Profit after taxes | € 4,446 | € -350 | € -1,090 | € -2,213 | ▼ € 1,123 |
| Equity | € 103,931 | € 103,581 | € 102,491 | € 100,278 | ▼ 2% |
| Total debts | € 2,365 | € 2,571 | € 3,309 | € 3,337 | ▲ 1% |
| Cash | € 4,278 | € 15,081 | € 15,760 | € 17,092 | ▲ 8% |
| Land & buildings | € 103,204 | € 98,949 | € 97,970 | € 93,314 | ▼ 5% |
| Retained profit | € 41,931 | € 41,581 | € 40,491 | € 38,278 | ▼ 5% |
| Balance sheet total | € 116,954 | € 115,746 | € 114,197 | € 110,887 | ▼ 3% |
Key figures of L'Emulation, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to L'Emulation?
What happened at L'Emulation in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Guy LAMBORAY stepped down as director. NBB
- Léa COUNET stepped down as director. NBB
- Raymond COLLIGNON stepped down as director. NBB
- Jacques RAINOTTE stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 2,213. Source: NBB ↗
- Guy LAMBORAY became a director. NBB
- Léa COUNET became a director. NBB
- Raymond COLLIGNON became a director. NBB
In short
From € 4,446 profit in 2022 to € 2,213 loss in 2025.
Best year ever: 2022, with € 4,446 profit.
Management
Directors
According to the 2025 annual accounts
Guy LAMBORAY
Director
since 2024 · until 2030
Léa COUNET
Director
since 2024 · until 2030
since 2024 · until 2030
Jacques RAINOTTE
Director
since 2024 · until 2030
Establishments
Establishment units
Physical locations of this company
Place du Martyr 5
4800 Verviers
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0402.275.529
- VAT number
- BE 0402.275.529
- Registered office
- Place du Martyr 5, 4800 Verviers
- Names & denominations
- L'Emulation
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 10 July 1929
- Peppol
- Not registered