Active · per the CBE, 16 September 2026

E&M RENTAL

BE0423151018

Rechtspersoon Private limited company 1 establishment

E&M RENTAL is a property company in Kortrijk. Private Limited, started on 24 August 1982, 1 establishment.

Magdalenastraat(Kor) 27, 8500 Kortrijk

Behind the company: E&M Management Bv.

Active for

44 year

Financials

Financial year 2024

E&M RENTAL from Kortrijk, company number BE0423151018, closed financial year 2024 with a result of € -18,366 after tax. For that financial year E&M RENTAL recorded a gross margin of € 21,621 and equity of € 125,528. Compared with financial year 2023, the result moved from € 142,575 to € -18,366. 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 September 18, 2025.

What it is worth Healthy

€ 125,528

▼ 13% vs 2023

Assets minus debts, by the books. What is left if everything were sold and paid today.

Loss Caution

€ -18,366

▼ still € 142,575 profit in 2023

Profit after tax over the fiscal year.

Cash in the bank

€ 9,711

▲ 27% vs 2023

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € 99,328.

People and assets in 2024

Full-time equivalents

0

Average over the fiscal year, from the social balance sheet.

Debts at end 2024

Bank debt ≈ 12 years to go

€ 54,542

▼ 8% vs 2023

€ 4,681 is repaid this year. At this pace the long-term loan is gone in ≈ 12 years.

Owed to suppliers

€ 9,776

▼ 4% vs 2023

Supplier invoices still open on the last day of the fiscal year.

Taxes

€ 5,651

Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.

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Key figures per fiscal year Download key figures (CSV)
2021202220232024Change 2023 → 2024
Gross margin € 26,960 € 19,058 € 191,251 € 21,621 ▼ 89%
Profit after taxes € -26,528 € -22,672 € 142,575 € -18,366 ▼ € 160,941
Equity € 23,991 € 1,319 € 143,894 € 125,528 ▼ 13%
Total debts € 290,456 € 275,126 € 93,479 € 91,858 ▼ 2%
Cash € 33,400 € 23,042 € 7,620 € 9,711 ▲ 27%
Land & buildings € 286,246 € 243,973 € 217,813 € 181,962 ▼ 16%
Retained profit € -2,209 € -24,881 € 117,694 € 99,328 ▼ 16%
Bank debt € 274,246 € 256,270 € 59,121 € 54,542 ▼ 8%
Balance sheet total € 342,959 € 301,393 € 258,757 € 235,206 ▼ 9%

Key figures of E&M RENTAL, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.

What happened to E&M RENTAL?

What happened at E&M RENTAL in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

  • New annual accounts for financial year 2024: loss of € 18,366 (▼ € 160,941 vs 2023). filed late Source: NBB ↗
  • E&M Management Bv became a director. NBB
  • New establishment in Kortrijk. KBO
  • Start of the company according to the CBE. KBO

In short

From € 26,528 loss in 2021 to € 18,366 loss in 2024.

Paid € 5,651 in corporate taxes since 2021.

Best year ever: 2023, with € 142,575 profit.

Management

E&M RENTAL

Behind E&M RENTAL is E&M Management Bv. The shares are held by E&M Management.

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Directors

According to the 2024 annual accounts

since 2018

Shareholders

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Magdalenastraat(Kor) 27

8500 Kortrijk

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number
0423.151.018
VAT number
BE 0423.151.018
Registered office
Magdalenastraat(Kor) 27, 8500 Kortrijk
Names & denominations
E&M RENTAL
Enterprise type
Rechtspersoon
Legal form
Private limited company
Legal situation
Normale toestand
Start date
24 August 1982
Peppol
Active · Active since 27 Mar 2026
Activities · NACE

Verhuur en exploitatie van eigen of geleased niet-residentieel onroerend goed, exclusief terreinen

Frequently asked questions

What does E&M RENTAL do?
E&M RENTAL is a property company in Kortrijk. Private Limited, started on 24 August 1982, 1 establishment.
What is the address of E&M RENTAL?
The registered office of E&M RENTAL is located at Magdalenastraat(Kor) 27, 8500 Kortrijk.
Is E&M RENTAL still active?
Yes. According to the CBE (16 September 2026) E&M RENTAL is active, legal situation “Normale toestand”, started on 24 August 1982.
Is E&M RENTAL registered on Peppol?
Yes, E&M RENTAL is registered on the Peppol network with ID 0208:0423151018.
What is the enterprise number of E&M RENTAL?
The enterprise number of E&M RENTAL is BE0423151018.
When was E&M RENTAL founded?
E&M RENTAL was founded on 24 August 1982.