Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 3 % of short-term debt in 2025; threshold 65 %.
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Busy address KBO
21 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
EMbedded Scanning sYStems for PAPERTRACING from Antwerpen, company number BE0404901655, closed financial year 2025 with a result of € -13,201 after tax. For that financial year EMbedded Scanning sYStems for PAPERTRACING recorded a gross margin of € -12,448 and equity of € -577,625. Compared with financial year 2024, the result moved from € 44,883 to € -13,201. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on August 28, 2026.
€ -577,625
▼ € 13,201 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -13,201
▼ still € 44,883 profit in 2024
Profit after tax over the fiscal year.
€ 3,447
▲ 131% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -2 million.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 1,987
▼ 79% vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 332,148 | € -7,857 | € 57,689 | € -12,448 | ▼ € 70,136 |
| Profit after taxes | € 161,508 | € -261,154 | € 44,883 | € -13,201 | ▼ € 58,084 |
| Equity | € -348,153 | € -609,307 | € -564,424 | € -577,625 | ▼ € 13,201 |
| Total debts | € 732,081 | € 639,918 | € 650,441 | € 592,600 | ▼ 9% |
| Cash | € 88,071 | € 748 | € 1,489 | € 3,447 | ▲ 131% |
| Retained profit | € -1,802,400 | € -2,063,554 | € -2,018,671 | € -2,031,872 | ▼ € 13,201 |
| Bank debt | € 104,542 | € 60,597 | € 15,370 | € 0 | ▼ 100% |
| Balance sheet total | € 383,928 | € 30,610 | € 86,017 | € 14,975 | ▼ 83% |
| Employees (FTE) | 3 | - | - | - |
Key figures of EMbedded Scanning sYStems for PAPERTRACING, 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 EMbedded Scanning sYStems for PAPERTRACING?
What happened at EMbedded Scanning sYStems for PAPERTRACING in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- J-Star BV stepped down as director. NBB
- Wave Holding NV stepped down as director. NBB
- Wave Management BV stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 13,201 (▼ € 58,084 vs 2024). filed late Source: NBB ↗
- J-Star BV became a director. NBB
- Wave Holding NV became a director. NBB
- Wave Management BV became a director. NBB
- New establishment in Antwerpen. KBO
In short
From € 161,508 profit in 2022 to € 13,201 loss in 2025.
Paid € 2,615 in corporate taxes since 2022.
Best year ever: 2022, with € 161,508 profit.
On average € 110,700 of value added per employee in 2022.
Management
The stake of TASTE INVEST, PDM hOLDING comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
EMbedded Scanning sYStems for PAPERTRACINGThe shares are held by TASTE INVEST (96.8%) and PDM hOLDING (5%).
Directors
According to the 2025 annual accounts
Director · represented by Stephanie WESTERLUND
Also active at: IMMOBILIEN BROUWERSVLIET 19-21, VASTGOED NATIE, TASTE INVEST, TASTE ENERGY, STETA, Taste Plantin, TASTE INVEST, GREEN TASTE
since 2024 · until 2030
Director · represented by Tanguy WESTERLUND
Also active at: WINVEST I, IMMOBILIEN BROUWERSVLIET 19-21, TASTE INVEST, TASTE ENERGY, WINVEST BUILDING, STETA, Winvest Süd, Taste Plantin +3 more
since 2024 · until 2030
Director · represented by Hans VERBOVEN
Also active at: WINVEST I, IMMOBILIEN ROBY, IMMOBILIEN BROUWERSVLIET 19-21, VASTGOED NATIE, K.V., PATINE, TASTE ENERGY, WINVEST BUILDING +6 more
since 2022 · until 2030
Shareholders
96.8%
5%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Jordaenskaai 25
2000 Antwerpen
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 21 companies are registered at this address.
All companies at this address →UVO
€ 109,245 gross margin · 2024
Federatie van de Antwerpse Stouwers Natie en Aanverwante Groeperingen
WAVE same network
€ 30.1 million revenue · 2024
Belgian Warehousing Association /Belwa/
DK COMPANY BELGIUM
€ 15.7 million revenue · 2025
+16 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0404.901.655
- VAT number
- BE 0404.901.655
- Registered office
- Jordaenskaai 25, 2000 Antwerpen
- Names & denominations
- EMbedded Scanning sYStems for PAPERTRACING · EMSYS IT
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 1 January 1968
- Peppol
- Active · Active since 17 Nov 2025
- Activities · NACE
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