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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Tight liquidity NBB
Cash and receivables cover 15 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
EMOCAR from Verviers, company number BE0416795538, closed financial year 2025 with a result of € 978,123 after tax. For that financial year EMOCAR recorded revenue of € 66.2 million and equity of € 2.4 million. Compared with financial year 2024, the result moved from € -122,658 to € 978,123. Profitable, and profit is growing. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 22, 2026.
€ 2.4 million
▲ 56% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 978,123
▲ still € 122,658 loss in 2024
Profit after tax over the fiscal year.
€ 11,903
▼ 79% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 100,000 paid out
10 % of the profit went to the shareholders, mostly to ARUNAS (100 % of the shares). That is where the money ends up.
People and assets in 2025
45.9
▲ 6.1 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 3 million
▲ 15% vs 2024
€ 64,700 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.
€ 857,528
▼ 10% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 10.5 million
▼ 10% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 62 days on average.
€ 279,790
▲ 13% vs 2024
Wages, holiday pay and social contributions still to pay. No outstanding taxes.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 40,973,093 | € 50,941,242 | € 49,545,383 | € 66,191,440 | ▲ 34% |
| Profit after taxes | € 555,457 | € 517,909 | € -122,658 | € 978,123 | ▲ € 1.1 million |
| Equity | € 1,188,162 | € 1,686,071 | € 1,563,413 | € 2,441,536 | ▲ 56% |
| Total debts | € 5,784,860 | € 7,642,248 | € 13,863,915 | € 15,477,618 | ▲ 12% |
| Cash | € 184,870 | € 78,208 | € 57,579 | € 11,903 | ▼ 79% |
| Land & buildings | € 18,852 | € 3,204 | € 1,239 | € 0 | ▼ 100% |
| Retained profit | € 281,162 | € 779,071 | € 656,413 | € 1,534,536 | ▲ 134% |
| Dividend | € 0 | € 20,000 | € 0 | € 100,000 | |
| Bank debt | € 455,444 | € 186,909 | € 112,000 | € 0 | ▼ 100% |
| Balance sheet total | € 7,204,245 | € 9,364,751 | € 15,908,188 | € 17,922,911 | ▲ 13% |
| Employees (FTE) | 33.8 | 34.1 | 39.8 | 45.9 | ▲ 6.1 |
Key figures of EMOCAR, 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 EMOCAR?
What happened at EMOCAR in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 978,123. Source: NBB ↗
- Emil Frey Belgique became a director. NBB
- New establishment in Visé. KBO
- New establishment in Visé. KBO
- New establishment in Verviers. KBO
- Start of the company according to the CBE. KBO
In short
From € 555,457 profit in 2022 to € 978,123 profit in 2025.
Paid € 373,642 in corporate taxes since 2022.
Best year ever: 2025, with € 978,123 profit.
Paid out € 120,000 in dividends to the owners in total.
Management
The stake of ARUNAS comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
EMOCARBehind EMOCAR is Emil Frey Belgique. The shares are held by ARUNAS (100%).
Directors
According to the 2025 annual accounts
Director · represented by Frédéric Vuarin
Also active at: AB LENS MOTOR, KEOS Brussels, WILLEMSENS VERVIERS S.A., PREMIUM AGF, LLORENS, Autozentrum Eupen, Etablissements Fernand NERI, AUTOMOBILE VISETOISE +20 more
since 2023
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Thier de Hodimont 105
4800 Verviers
Allée Verte 60
4600 Visé
Active since 1 September 2006
Rue de Berneau 89
4600 Visé
Active since 17 December 2015
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0416.795.538
- VAT number
- BE 0416.795.538
- Registered office
- Thier de Hodimont 105, 4800 Verviers
- Names & denominations
- EMOCAR
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 1 January 1977
- Peppol
- Active · Active since 4 Dec 2025
- Activities · NACE
Detailhandel in motorvoertuigen
Detailhandel in auto's en lichte bestelwagens (<= 3,5 ton)
Detailhandel in auto's en lichte bestelwagens (= 3,5 ton)
Algemeen onderhoud en reparatie van auto's en lichte bestelwagens (<= 3,5 ton)
Onderhoud en reparatie van auto's
Algemeen onderhoud en reparatie van auto's en lichte bestelwagens (= 3,5 ton)