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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Legal situation KBO
Opening faillissement according to the CBE.
Financials
Financial year 2023
EM&CO from Leopoldsburg, company number BE0535821169, closed financial year 2023 with a result of € 15,377 after tax. For that financial year EM&CO recorded a gross margin of € 66,130 and equity of € 114,984. Compared with financial year 2022, the result moved from € 24,698 to € 15,377. 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 10, 2024.
€ 114,984
▲ 32% vs 2022
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 15,377
▼ 38% vs 2022
Profit after tax over the fiscal year.
Stays in the company
No dividend for 2023. Retained profit grew to € 96,384.
People and assets in 2023
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 12,263
▲ € 12,063 vs 2022
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 1,972
▼ 85% vs 2022
Book value of vehicles, furniture and equipment.
Debts at end 2023
€ 135
Loans from banks and other lenders, long and short.
€ 82,321
▲ 101% vs 2022
Supplier invoices still open on the last day of the fiscal year.
€ 36,334
▼ 12% vs 2022
Taxes, VAT and social contributions still to pay.
| 2021 | 2022 | 2023 | Change 2022 → 2023 | |
|---|---|---|---|---|
| Gross margin | € 68,389 | € 315,156 | € 66,130 | ▼ 79% |
| Profit after taxes | € 21,762 | € 24,698 | € 15,377 | ▼ 38% |
| Equity | € 62,509 | € 87,207 | € 114,984 | ▲ 32% |
| Total debts | € 594,464 | € 417,128 | € 159,494 | ▼ 62% |
| Cash | € 1,174 | € 5,703 | - | |
| Retained profit | € 56,309 | € 81,007 | € 96,384 | ▲ 19% |
| Bank debt | € 0 | € 0 | € 135 | |
| Balance sheet total | € 656,973 | € 504,335 | € 274,478 | ▼ 46% |
Key figures of EM&CO, fiscal years 2021 to 2023, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2024 has not been filed yet; it was expected before 31 July 2025.
What happened to EM&CO?
What happened at EM&CO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
EM&CO is active according to the CBE. Legal situation: Opening faillissement.
- New annual accounts for financial year 2023: profit of € 15,377 (▼ 38% vs 2022). Source: NBB ↗
- Erhan Maksutogullari became a director. NBB
- New establishment in Beringen. KBO
- Start of the company according to the CBE. KBO
In short
From € 21,762 profit in 2021 to € 15,377 profit in 2023.
Paid € 64,480 in corporate taxes since 2021.
Best year ever: 2022, with € 24,698 profit.
Management
Behind EM&CO is Erhan Maksutogullari.
Directors
According to the 2023 annual accounts
Erhan Maksutogullari
Director
since 2018
Establishments
Establishment units
Physical locations of this company
Koningin Astridplein 27 box 4
3970 Leopoldsburg
Heerbaan 67
3582 Beringen
Active since 21 June 2013
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.
Details
- Company number
- 0535.821.169
- VAT number
- BE 0535.821.169
- Registered office
- Koningin Astridplein 27 bus 4, 3970 Leopoldsburg
- Names & denominations
- EM&CO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Opening faillissement
- Start date
- 19 June 2013
- Peppol
- Active · Active since 27 Oct 2026