Financials
Financial year 2025
Emendo from Kapellen, company number BE0464144604, closed financial year 2025 with a result of € 178,872 after tax. For that financial year Emendo recorded a gross margin of € 2 million and equity of € 1.1 million. Compared with financial year 2024, the result moved from € 417,799 to € 178,872. The company is profitable. 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 July 6, 2026.
€ 1.1 million
▲ 39% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 178,872
▼ 57% vs 2024
Profit after tax over the fiscal year.
€ 352,459
▲ € 287,853 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 € 1.1 million.
People and assets in 2025
18.4
Average over the fiscal year, from the social balance sheet.
€ 1.4 million
▲ 20% vs 2024
€ 73,500 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.
€ 45,383
▲ 44% 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.
€ 254,866
▲ 164% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 305,198
▲ 82% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 2,097,594 | € 2,284,292 | - | - | |
| Gross margin | € 1,319,142 | € 1,596,304 | € 1,798,586 | € 1,979,593 | ▲ 10% |
| Profit after taxes | € 308,870 | € 306,227 | € 417,799 | € 178,872 | ▼ 57% |
| Equity | € 646,512 | € 802,739 | € 780,511 | € 1,087,770 | ▲ 39% |
| Total debts | € 1,243,021 | € 963,859 | € 904,874 | € 811,098 | ▼ 10% |
| Cash | € 702,011 | € 126,496 | € 64,606 | € 352,459 | ▲ € 287,853 |
| Land & buildings | € 861,722 | € 830,090 | - | - | |
| Retained profit | € 627,920 | € 784,147 | € 768,826 | € 1,074,085 | ▲ 40% |
| Dividend | € 150,000 | € 150,000 | € 0 | € 0 | |
| Bank debt | € 809,879 | € 474,659 | € 0 | € 0 | |
| Balance sheet total | € 1,889,533 | € 1,766,598 | € 1,685,386 | € 1,898,869 | ▲ 13% |
| Employees (FTE) | 14.5 | 15.8 | - | 18.4 |
Key figures of Emendo, 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 Emendo?
What happened at Emendo in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 178,872 (▼ 57% vs 2024). Source: NBB ↗
- PF-Advies CommV became a director. NBB
- Meritum BV became a director. NBB
- New establishment in Lint. KBO
- RLV Consulting BV became a director. NBB
- PIA Group BeLux NV became a director. NBB
- New establishment in Lier. KBO
- New establishment in Kapellen. KBO
In short
From € 308,870 profit in 2022 to € 178,872 profit in 2025.
Paid € 481,145 in corporate taxes since 2022.
Best year ever: 2024, with € 417,799 profit.
On average € 107,600 of value added per employee in 2025.
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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 RWN comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
EmendoBehind Emendo are RLV Consulting BV, Meritum BV, PIA Group BeLux NV and PF-Advies CommV. The shares are held by PIA Group BeLux NV and RWN (90%).
Directors
According to the 2025 annual accounts
since 2024
Director · represented by Erwin Grusenmeyer
since 2025
Director · represented by Steven Brouckaert
Also active at: HLB LEGAL SERVICES, ACKMO ACCOUNTANTS & TAX ADVISERS, thg Bruxelles, Verschaeren & Mertens, SANDERS ACCOUNTING & CONSULTING, HLB BELGIUM, PME ASSISTANCE, VAN LOOY ACCOUNTANTS +67 more
since 2024
since 2025
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Antwerpsesteenweg 69
2950 Kapellen
Grote Markt 34
2500 Lier
Active since 9 May 2011
Statiestraat 68
2547 Lint
Active since 1 January 2025
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
- 0464.144.604
- VAT number
- BE 0464.144.604
- Registered office
- Antwerpsesteenweg 69, 2950 Kapellen
- Names & denominations
- Emendo
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 16 September 1998
- Peppol
- Active · Active since 27 Mar 2024
- Activities · NACE
Activiteiten van (gecertificeerde) (fiscaal) accountants
Accountants
Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies
Overige adviesbureaus op het gebied van bedrijfsvoering en beheer
Overige adviesbureaus op het gebied van bedrijfsbeheer; adviesbureaus op het gebied van bedrijfsvoering