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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Tight liquidity NBB
Cash and receivables cover 38 % of short-term debt in 2026; threshold 65 %.
Financials
Financial year 2026
EMPALU from Lievegem, company number BE0723792224, closed financial year 2026 with a result of € 989 after tax. For that financial year EMPALU recorded a gross margin of € 892,865 and equity of € 296,720. Compared with financial year 2025, the result moved from € 81,159 to € 989. The company is profitable. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on September 24, 2026.
€ 296,720
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 989
▼ 99% vs 2025
Profit after tax over the fiscal year.
€ 139,986
▼ 75% vs 2025
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2026. Retained profit grew to € 96,720.
People and assets in 2026
9.7
▼ 0.3 vs 2025
Average over the fiscal year, from the social balance sheet.
€ 398,323
▲ 1% vs 2025
€ 41,100 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.
€ 5,354
▲ 69% vs 2025
Book value of vehicles, furniture and equipment.
Debts at end 2026
€ 1.2 million
▼ 13% vs 2025
€ 154,023 is repaid this year. At this pace the long-term loan is gone in ≈ 7 years.
€ 1.6 million
▲ 6% vs 2025
Supplier invoices still open on the last day of the fiscal year.
€ 51,600
▲ 13% vs 2025
Taxes, VAT and social contributions still to pay.
| 2023 | 2024 | 2025 | 2026 | Change 2025 → 2026 | |
|---|---|---|---|---|---|
| Gross margin | € 563,228 | € 766,051 | € 816,128 | € 892,865 | ▲ 9% |
| Profit after taxes | € -7,463 | € 158,733 | € 81,159 | € 989 | ▼ 99% |
| Equity | € 155,839 | € 264,572 | € 295,731 | € 296,720 | |
| Total debts | € 1,358,693 | € 1,560,575 | € 2,909,293 | € 2,793,057 | ▼ 4% |
| Cash | € 74,247 | € 210,420 | € 568,274 | € 139,986 | ▼ 75% |
| Land & buildings | € 324,576 | € 323,936 | € 315,719 | € 307,501 | ▼ 3% |
| Retained profit | € -44,161 | € 64,572 | € 95,731 | € 96,720 | ▲ 1% |
| Dividend | € 0 | € 50,000 | € 50,000 | € 0 | ▼ 100% |
| Bank debt | € 743,082 | € 822,636 | € 1,349,375 | € 1,179,378 | ▼ 13% |
| Balance sheet total | € 1,514,532 | € 1,825,147 | € 3,205,024 | € 3,089,777 | ▼ 4% |
| Employees (FTE) | 9.6 | 7.5 | 10 | 9.7 | ▼ 0.3 |
Key figures of EMPALU, fiscal years 2023 to 2026, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2027) expected before 31 October 2027.
What happened to EMPALU?
What happened at EMPALU in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2026: profit of € 989 (▼ 99% vs 2025). Source: NBB ↗
- New establishment in Lievegem. KBO
- Start of the company according to the CBE. KBO
In short
From € 7,463 loss in 2023 to € 989 profit in 2026.
Paid € 51,678 in corporate taxes since 2023.
Best year ever: 2024, with € 158,733 profit.
On average € 92,000 of value added per employee in 2026.
Management
Behind EMPALU are Wim De Meyer and Kathleen Meiresonne.
Directors
According to the 2026 annual accounts
Wim De Meyer
Director
Kathleen Meiresonne
Director
Establishments
Establishment units
Physical locations of this company
H. Consciencelaan 53
9950 Lievegem
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0723.792.224
- VAT number
- BE 0723.792.224
- Registered office
- H. Consciencelaan 53, 9950 Lievegem
- Names & denominations
- EMPALU
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 29 March 2019
- Peppol
- Active · Active since 31 Oct 2023
- Activities · NACE
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