Bankrupt · Opening faillissement (CBE)
E&M Metalworks logo

E&M Metalworks

BE0737742507

Rechtspersoon Private limited company 1 establishment

E&M Metalworks is a structural metal fabricator in Beringen. Private Limited, started on 15 November 2019, 1 establishment.

Lochtemanweg 22, 3580 Beringen emmetalworks.be

Behind the company: Marc Gys, Lenthy Gys.

Start date

15 November 2019

Warning lights

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

  • Tight liquidity NBB

    Cash and receivables cover 31 % of short-term debt in 2024; threshold 65 %.

  • Legal situation KBO

    Opening faillissement according to the CBE.

Financials

Financial year 2024

E&M Metalworks from Beringen, company number BE0737742507, closed financial year 2024 with a result of € -661 after tax. For that financial year E&M Metalworks recorded a gross margin of € 1.8 million and equity of € 43,364. Compared with financial year 2023, the result moved from € 10,143 to € -661. The company made a loss. The company holds a healthy buffer. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 30, 2025.

What it is worth Healthy

€ 43,364

▼ 2% vs 2023

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

Loss Caution

€ -661

▼ still € 10,143 profit in 2023

Profit after tax over the fiscal year.

Cash in the bank

€ 137,006

▼ 8% vs 2023

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 € 33,364.

People and assets in 2024

Full-time equivalents

24.9

▲ 0.4 vs 2023

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

Wage cost

€ 1.3 million

▲ 3% vs 2023

€ 53,600 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

€ 284,268

▼ 49% vs 2023

Of which on lease € 269,862.

Debts at end 2024

Bank debt ≈ 3 years to go

€ 1.2 million

▲ 13% vs 2023

€ 270,912 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.

Owed to suppliers

€ 826,883

▼ 15% vs 2023

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

Taxes and wages

€ 385,341

▲ 73% vs 2023

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
2021202220232024Change 2023 → 2024
Gross margin € 1,369,944 € 1,748,787 € 1,770,953 € 1,823,002 ▲ 3%
Profit after taxes € -148,844 € 171,061 € 10,143 € -661 ▼ € 10,804
Equity € -137,178 € 33,883 € 44,025 € 43,364 ▼ 2%
Total debts € 1,818,518 € 2,400,084 € 2,507,242 € 3,057,625 ▲ 22%
Cash € 154,451 € 203,300 € 149,295 € 137,006 ▼ 8%
Retained profit € -147,178 € 23,883 € 34,025 € 33,364 ▼ 2%
Bank debt € 44,494 € 1,159,183 € 1,084,770 € 1,221,507 ▲ 13%
Balance sheet total € 1,681,340 € 2,433,967 € 2,551,267 € 3,100,989 ▲ 22%
Employees (FTE) 29.3 28.6 24.5 24.9 ▲ 0.4

Key figures of E&M Metalworks, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.

What happened to E&M Metalworks?

What happened at E&M Metalworks in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

E&M Metalworks is active according to the CBE. Legal situation: Opening faillissement.

  • New annual accounts for financial year 2024: loss of € 661 (▼ € 10,804 vs 2023). Source: NBB ↗
  • Marc Gys became a director. NBB
  • Lenthy Gys became a director. NBB
  • New establishment in Beringen. KBO
  • Start of the company according to the CBE. KBO

In short

From € 148,844 loss in 2021 to € 661 loss in 2024.

Paid € 6,933 in corporate taxes since 2021.

Best year ever: 2022, with € 171,061 profit.

On average € 73,200 of value added per employee in 2024.

Management

The stake of LenMatec Management Company comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

E&M Metalworks

Behind E&M Metalworks are Marc Gys and Lenthy Gys. The shares are held by LenMatec Management Company (100%).

Directors

According to the 2024 annual accounts

Lenthy Gys

Director

Also active at: LenMatec Management Company

since 2023

Shareholders

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Lochtemanweg 22

3580 Beringen

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.

Website

Technologies

Font AwesomeGoogle FontsNginx

Hosting & Email

Email provider

Microsoft 365

Hosting

COMBELL-AS, BE

Website info

HTTPS Ja
Languages NL

Features

Jobs Client portal Contact page

Security

✓ HTTPS
✓ SPF
✗ DMARC

Details

Company number
0737.742.507
VAT number
BE 0737.742.507
Registered office
Lochtemanweg 22, 3580 Beringen
Names & denominations
E&M Metalworks
Enterprise type
Rechtspersoon
Legal form
Private limited company
Legal situation
Opening faillissement
Start date
15 November 2019
Peppol
Active · Active since 1 Jan 2001
Activities · NACE

Vervaardiging van metalen constructiewerken en delen daarvan

Frequently asked questions

What does E&M Metalworks do?
E&M Metalworks is a structural metal fabricator in Beringen. Private Limited, started on 15 November 2019, 1 establishment.
What is the address of E&M Metalworks?
The registered office of E&M Metalworks is located at Lochtemanweg 22, 3580 Beringen.
Is E&M Metalworks still active?
No. The CBE lists E&M Metalworks 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 E&M Metalworks registered on Peppol?
Yes, E&M Metalworks is registered on the Peppol network with ID 0208:0737742507.
What is the enterprise number of E&M Metalworks?
The enterprise number of E&M Metalworks is BE0737742507.
When was E&M Metalworks founded?
E&M Metalworks was founded on 15 November 2019.