Financials
Financial year 2026
Em Steel Services from Ath, company number BE0429606169, closed financial year 2026 with a result of € 35,157 after tax. For that financial year Em Steel Services recorded revenue of € 5.2 million and equity of € 2.2 million. Compared with financial year 2025, the result moved from € 83,257 to € 35,157. The company is profitable. 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 October 15, 2026.
€ 2.2 million
▼ 1% vs 2025
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 35,157
▼ 58% vs 2025
Profit after tax over the fiscal year.
€ 34,532
▲ 80% vs 2025
Cash and bank balances on the last day of the fiscal year.
€ 50,000 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2026
10
▼ 2.4 vs 2025
Average over the fiscal year, from the social balance sheet.
€ 737,302
▲ 2% vs 2025
€ 73,700 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.
€ 40,010
▼ 17% vs 2025
Of which on lease € 33,282.
Debts at end 2026
€ 1.2 million
▲ 27% vs 2025
€ 10,298 is repaid this year. At this pace the long-term loan is gone in ≈ 115 years.
€ 228,417
▲ 90% vs 2025
Supplier invoices still open on the last day of the fiscal year.
€ 85,924
▼ 15% vs 2025
Taxes, VAT and social contributions still to pay.
| 2023 | 2024 | 2025 | 2026 | Change 2025 → 2026 | |
|---|---|---|---|---|---|
| Revenue | € 7,340,465 | € 5,581,442 | € 5,042,108 | € 5,229,088 | ▲ 4% |
| Gross margin | € 1,185,349 | € 910,855 | € 931,147 | € 1,008,743 | ▲ 8% |
| Profit after taxes | € 264,783 | € 68,272 | € 83,257 | € 35,157 | ▼ 58% |
| Equity | € 2,195,214 | € 2,213,485 | € 2,221,742 | € 2,206,899 | ▼ 1% |
| Total debts | € 2,028,964 | € 1,277,819 | € 1,225,129 | € 1,582,953 | ▲ 29% |
| Cash | € 40,003 | € 37,328 | € 19,182 | € 34,532 | ▲ 80% |
| Retained profit | € 2,032,114 | € 2,050,385 | € 2,058,642 | € 2,043,799 | ▼ 1% |
| Dividend | € 75,000 | € 50,000 | € 75,000 | € 50,000 | ▼ 33% |
| Bank debt | € 1,436,559 | € 1,005,757 | € 945,541 | € 1,205,532 | ▲ 27% |
| Balance sheet total | € 4,224,177 | € 3,491,304 | € 3,446,871 | € 3,864,045 | ▲ 12% |
| Employees (FTE) | 12.4 | 12.4 | 12.4 | 10 | ▼ 2.4 |
Key figures of Em Steel Services, fiscal years 2023 to 2026, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2027) expected before 30 January 2028.
What happened to Em Steel Services?
What happened at Em Steel Services in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2026: profit of € 35,157 (▼ 58% vs 2025). Source: NBB ↗
- New establishment in Ath. KBO
- Start of the company according to the CBE. KBO
In short
From € 264,783 profit in 2023 to € 35,157 profit in 2026.
Paid € 174,292 in corporate taxes since 2023.
Best year ever: 2023, with € 264,783 profit.
On average € 100,900 of value added per employee in 2026.
Establishments
Establishment units
Physical locations of this company
Rue des Gaulois(GHI) 2
7822 Ath
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
- 0429.606.169
- VAT number
- BE 0429.606.169
- Registered office
- Rue des Gaulois(GHI) 2, 7822 Ath
- Names & denominations
- Em Steel Services
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 29 October 1986
- Peppol
- Active · Active since 17 Dec 2025
- Activities · NACE
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