Bankrupt · Opening faillissement (CBE)

EMB Construct

BE0627747376

Rechtspersoon Private limited company 1 establishment

EMB Construct is a construction company in Aarschot. Private Limited, started on 31 March 2015, 1 establishment.

9de liniestraat 15, 3200 Aarschot

Behind the company: David GEYSKENS.

Start date

31 March 2015

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

  • Negative equity NBB

    More debt than assets in 2 of the last 3 fiscal years.

  • Two loss years in a row NBB

    Negative result in 2022 and 2023.

  • Tight liquidity NBB

    Cash and receivables cover 8 % of short-term debt in 2023; threshold 65 %.

  • 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.

What it is worth Caution

€ -260,574

▼ € 230,123 vs 2022

Assets minus debts, by the books. What is left if everything were sold and paid today.

Loss Caution

€ -230,123

▼ 35 % more loss than in 2022

Profit after tax over the fiscal year.

Cash in the bank

€ 1,130

▼ 84% vs 2022

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € -279,174.

People and assets in 2023

Full-time equivalents

9.3

▼ 2.8 vs 2022

Average over the fiscal year, from the social balance sheet.

Wage cost

€ 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.

Vehicles and equipment

€ 192,724

▼ 24% vs 2022

Of which on lease € 131,017.

Debts at end 2023

Bank debt ≈ 4 years to go

€ 459,949

▼ 8% vs 2022

€ 69,540 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.

Owed to suppliers

€ 102,718

▼ 56% vs 2022

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 159,487

▲ € 131,233 vs 2022

Taxes, VAT and social contributions still to pay.

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Key figures per fiscal year Download key figures (CSV)
202120222023Change 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

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.

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
  • Start of the company according to the CBE. KBO

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 Construct

Behind EMB Construct is David GEYSKENS. The shares are held by Quality Projects Services & Solutions (100%).

See the full network in the app

Directors

According to the 2023 annual accounts

David GEYSKENS

Director

Also active at: Quality Projects Services & Solutions

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

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.

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

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Frequently asked questions

What does EMB Construct do?
EMB Construct is a construction company in Aarschot. Private Limited, started on 31 March 2015, 1 establishment.
What is the address of EMB Construct?
The registered office of EMB Construct is located at 9de liniestraat 15, 3200 Aarschot.
Is EMB Construct still active?
No. The CBE lists EMB Construct with legal situation “Opening faillissement”. The date of the court ruling is published in the Belgian Official Gazette; the register does not carry it.
Is EMB Construct registered on Peppol?
No, EMB Construct is currently not registered on the Peppol network.
What is the enterprise number of EMB Construct?
The enterprise number of EMB Construct is BE0627747376.
When was EMB Construct founded?
EMB Construct was founded on 31 March 2015.