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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Negative equity NBB
More debt than assets in 2 of the last 3 fiscal years.
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Two loss years in a row NBB
Negative result in 2022 and 2023.
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Tight liquidity NBB
Cash and receivables cover 8 % of short-term debt in 2023; threshold 65 %.
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Legal situation KBO
Opening faillissement according to the CBE.
Financials
Financial year 2023
EMB Construct from Aarschot, company number BE0627747376, closed financial year 2023 with a result of € -230,123 after tax. For that financial year EMB Construct recorded a gross margin of € 310,034 and equity of € -260,574. Compared with financial year 2022, the result moved from € -170,287 to € -230,123. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 16, 2024.
€ -260,574
▼ € 230,123 vs 2022
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -230,123
▼ 35 % more loss than in 2022
Profit after tax over the fiscal year.
€ 1,130
▼ 84% vs 2022
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -279,174.
People and assets in 2023
9.3
▼ 2.8 vs 2022
Average over the fiscal year, from the social balance sheet.
€ 433,727
▼ 30% vs 2022
€ 46,600 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.
€ 192,724
▼ 24% vs 2022
Of which on lease € 131,017.
Debts at end 2023
€ 459,949
▼ 8% vs 2022
€ 69,540 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 102,718
▼ 56% vs 2022
Supplier invoices still open on the last day of the fiscal year.
€ 159,487
▲ € 131,233 vs 2022
Taxes, VAT and social contributions still to pay.
| 2021 | 2022 | 2023 | Change 2022 → 2023 | |
|---|---|---|---|---|
| Gross margin | € 620,563 | € 534,013 | € 310,034 | ▼ 42% |
| Profit after taxes | € 17,827 | € -170,287 | € -230,123 | ▼ € 59,836 |
| Equity | € 139,836 | € -30,452 | € -260,574 | ▼ € 230,123 |
| Total debts | € 454,751 | € 829,694 | € 768,492 | ▼ 7% |
| Cash | - | € 7,154 | € 1,130 | ▼ 84% |
| Retained profit | € 121,236 | € -49,052 | € -279,174 | ▼ € 230,123 |
| Bank debt | € 279,637 | € 499,436 | € 459,949 | ▼ 8% |
| Balance sheet total | € 594,587 | € 799,242 | € 507,918 | ▼ 36% |
| Employees (FTE) | 10.2 | 12.1 | 9.3 | ▼ 2.8 |
By gross margin, EMB Construct ranks 5th of 28 companies with main activity “Algemene bouw van residentiële gebouwen” in Aarschot that publish figures (fiscal year 2023).
Key figures of EMB Construct, 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.
Ask about EMB Construct the way you would ask their accountant.
Answers from the filed annual accounts, the Belgian Official Gazette and the CBE register.
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What happened to EMB Construct?
What happened at EMB Construct in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
EMB Construct is active according to the CBE. Legal situation: Opening faillissement.
- New annual accounts for financial year 2023: loss of € 230,123. Source: NBB ↗
- New establishment in Aarschot. KBO
- Incorporation, published in the Gazette. Source: Staatsblad ↗
In short
From € 17,827 profit in 2021 to € 230,123 loss in 2023.
Paid € 3,356 in corporate taxes since 2021.
Best year ever: 2021, with € 17,827 profit.
On average € 33,300 of value added per employee in 2023.
Management
The stake of Quality Projects Services & Solutions comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
EMB ConstructBehind EMB Construct is David GEYSKENS. The shares are held by Quality Projects Services & Solutions (100%).
Directors
According to the 2023 annual accounts
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
9de liniestraat 15
3200 Aarschot
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.
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Shareholders according to the Official Gazette deeds
Who contributed at incorporation and at capital increases, with the deed as source. Later share transfers are not published in the Gazette.
Incorporation
Source: Deed ↗- QUALITY PROJECT SERVICE & SOLUTIONS(oprichter) 33.3%
- VERVLOESEM Rob(oprichter) 33.3%
- VAN CALSTER Hans(oprichter) 33.3%
Details
- Company number
- 0627.747.376
- VAT number
- BE 0627.747.376
- Registered office
- 9de liniestraat 15, 3200 Aarschot
- Names & denominations
- EMB Construct
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Opening faillissement
- Start date
- 31 March 2015
- Peppol
- Not registered
- Activities · NACE
Algemene bouw van residentiële gebouwen