Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 55 % of short-term debt in 2025; threshold 65 %.
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Shrinking team NBB
FTE fell two years in a row, from 62.3 to 40.8.
Financials
Financial year 2025
EMZ WERKE MANDERFELD from Büllingen, company number BE0405852651, closed financial year 2025 with a result of € 2 million after tax. For that financial year EMZ WERKE MANDERFELD recorded revenue of € 14.5 million and equity of € 13.5 million. Compared with financial year 2024, the result moved from € 419,577 to € 2 million. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on June 29, 2026.
€ 13.5 million
▲ 19% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 2 million
▲ € 1.6 million vs 2024
Profit after tax over the fiscal year.
€ 738,968
▼ 7% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 10.5 million.
People and assets in 2025
40.8
▼ 7.1 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 2.4 million
▼ 12% vs 2024
€ 59,300 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 1.6 million
▼ 16% vs 2024
Of which on lease € 1.5 million.
Debts at end 2025
€ 10.9 million
▼ 16% vs 2024
€ 2.1 million is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 1.3 million
▼ 46% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 53 days on average.
€ 924,087
▲ 220% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 24,818,388 | € 19,596,855 | € 13,628,739 | € 14,503,693 | ▲ 6% |
| Profit after taxes | € 1,834,341 | € 1,960,612 | € 419,577 | € 1,995,916 | ▲ € 1.6 million |
| Equity | € 9,091,511 | € 10,891,959 | € 11,409,537 | € 13,520,360 | ▲ 19% |
| Total debts | € 19,703,424 | € 20,459,183 | € 15,796,056 | € 13,283,203 | ▼ 16% |
| Cash | € 366,799 | € 2,281,002 | € 794,486 | € 738,968 | ▼ 7% |
| Land & buildings | € 7,263,119 | € 7,034,384 | € 6,838,748 | € 6,553,722 | ▼ 4% |
| Retained profit | € 6,145,867 | € 8,106,479 | € 8,526,056 | € 10,521,972 | ▲ 23% |
| Bank debt | € 14,424,655 | € 16,710,372 | € 12,955,438 | € 10,881,341 | ▼ 16% |
| Balance sheet total | € 28,794,935 | € 31,351,142 | € 27,205,593 | € 26,803,562 | ▼ 1% |
| Employees (FTE) | 67.8 | 62.3 | 47.9 | 40.8 | ▼ 7.1 |
Key figures of EMZ WERKE MANDERFELD, 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 EMZ WERKE MANDERFELD?
What happened at EMZ WERKE MANDERFELD in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Josef HAAS stepped down as director. NBB
- Norbert HAAS stepped down as director. NBB
- HAAS INGRID PGMBH PGmbH stepped down as director. NBB
- Thomas HAAS stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 2 million (▲ € 1.6 million vs 2024). Source: NBB ↗
- Josef HAAS became a director. NBB
- Norbert HAAS became a director. NBB
- HAAS INGRID PGMBH PGmbH became a director. NBB
In short
From € 1.8 million profit in 2022 to € 2 million profit in 2025.
Paid € 2.1 million in corporate taxes since 2022.
Best year ever: 2025, with € 2 million profit.
Pays suppliers within 53 days on average.
A new publication or filing at EMZ WERKE MANDERFELD? We notify you, reason included.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
The stake of MERCATOR, INTER, EIFELER MONTAGE UND WARTUNG comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
EMZ WERKE MANDERFELDThe shares are held by MERCATOR (11.1%), INTER (11.1%) and EIFELER MONTAGE UND WARTUNG (5%). It owns 100% of EMZ LUX s.a.r.l. itself.
Directors
According to the 2025 annual accounts
Josef HAAS
Director
since 2025 · until 2031
since 2025 · until 2031
Managing director · represented by Ingrid Haas
since 2025 · until 2031
Thomas HAAS
Director
Also active at: R.C., EIFEL - HOLZ, KNOTT HOLZ, MERCATOR, BARK TERMINAL PUURS, WTW AG, Partum AG, EIFELER MONTAGE UND WARTUNG
since 2025 · until 2031
Shareholders
Participations
EMZ LUX s.a.r.l.
100%
Establishments
Establishment units
Physical locations of this company
Merlscheid 26
4760 Büllingen
Merlscheid 17
4760 Büllingen
Active since 1 May 1962
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
GODADDY-SXB, DE
DNS
GoDaddy DNS
Domain
Domain
emz-belgium.com
Registered
2013-08-26
Registrar
EuroDNS S.A.
Expires
2026-08-26
Website info
Features
Security
Details
- Company number
- 0405.852.651
- VAT number
- BE 0405.852.651
- Registered office
- Merlscheid 26, 4760 Büllingen
- Names & denominations
- EMZ WERKE MANDERFELD · Staco
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 22 March 1961
- Peppol
- Active · Active since 23 Jan 2026
- Contact
- emz-belgium.com [email protected]
- Activities · NACE
Vervaardiging van metalen constructiewerken en delen daarvan
Vervaardiging van metalen constructiewerken en onderdelen daarvan
Installatie van industriële machines, toestellen en werktuigen
Persen, stampen en profielwalsen van metaal
Zagen en schaven van hout
Handel in elektriciteit
Productie en distributie van stoom en gekoelde lucht
Coating van metalen
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