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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Two loss years in a row NBB
Negative result in 2024 and 2025.
Financials
Financial year 2025
EMEX from Knokke-Heist, company number BE0439432170, closed financial year 2025 with a result of € -3,218 after tax. For that financial year EMEX recorded a gross margin of € 60,010 and equity of € 438,007. Compared with financial year 2024, the result moved from € -37 to € -3,218. 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 July 29, 2026.
€ 438,007
▼ 1% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -3,218
▼ 8549 % more loss than in 2024
Profit after tax over the fiscal year.
€ 23,174
▼ 44% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 376,507.
Debts at end 2025
€ 568,469
▼ 6% vs 2024
€ 34,986 is repaid this year. At this pace the long-term loan is gone in ≈ 16 years.
€ 86,061
▲ 9% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 3,477
▲ 3% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 43,740 | € 57,149 | € 63,326 | € 60,010 | ▼ 5% |
| Profit after taxes | € -13,969 | € -5,107 | € -37 | € -3,218 | ▼ € 3,181 |
| Equity | € 446,370 | € 441,263 | € 441,226 | € 438,007 | ▼ 1% |
| Total debts | € 769,990 | € 727,142 | € 738,280 | € 716,973 | ▼ 3% |
| Cash | € 54,583 | € 44,180 | € 41,162 | € 23,174 | ▼ 44% |
| Land & buildings | € 934,835 | € 895,109 | € 855,478 | € 815,848 | ▼ 5% |
| Retained profit | € 384,870 | € 379,763 | € 379,726 | € 376,507 | ▼ 1% |
| Bank debt | € 671,749 | € 637,593 | € 603,177 | € 568,469 | ▼ 6% |
| Balance sheet total | € 1,274,338 | € 1,223,253 | € 1,231,224 | € 1,203,568 | ▼ 2% |
Key figures of EMEX, 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 EMEX?
What happened at EMEX in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Fabienne Delabie stepped down as director. NBB
- Wim Hullebusch stepped down as director. NBB
- Alexander Hullebusch stepped down as director. NBB
- Stijn Hullebusch stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 3,218. Source: NBB ↗
- Fabienne Delabie became a director. NBB
- Wim Hullebusch became a director. NBB
- Alexander Hullebusch became a director. NBB
In short
From € 13,969 loss in 2022 to € 3,218 loss in 2025.
Management
Directors
According to the 2025 annual accounts
since 2024 · until 2031
since 2024 · until 2031
since 2024 · until 2031
Stijn Hullebusch
Director
Also active at: INTERNATIONAL STONES, SHB Projects, SHB WORKS, DS Real Estate
since 2024 · until 2031
Establishments
Establishment units
Physical locations of this company
Natiënlaan 201
8300 Knokke-Heist
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 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.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
COMBELL-AS, BE
Website info
Features
Security
Network
Details
- Company number
- 0439.432.170
- VAT number
- BE 0439.432.170
- Registered office
- Natiënlaan 201, 8300 Knokke-Heist
- Names & denominations
- EMEX
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 15 December 1989
- Peppol
- Active · Active since 21 Oct 2026
- Contact
- emex.be
- Activities · NACE
Detailhandel in ijzerwaren, bouwmaterialen, verf en glas (algemeen assortiment)
Detailhandel in ijzerwaren, verf, bouwmaterialen (inclusief doe-het-zelfzaken) met een verkoopsoppervlakte van minder dan 400 m2
Plaatsen van vloer- en wandtegels