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 1 of the last 4 fiscal years.
Financials
Financial year 2025
EML from Gent, company number BE0743719685, closed financial year 2025 with a result of € -30,732 after tax. For that financial year EML recorded a gross margin of € -21,376 and equity of € -2,263. Compared with financial year 2024, the result moved from € 3,382 to € -30,732. 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 April 2, 2026.
€ -2,263
▼ € 30,732 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -30,732
▼ still € 3,382 profit in 2024
Profit after tax over the fiscal year.
€ 37,130
▲ € 30,455 vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -5,263.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 20,216
▼ 4% vs 2024
Of which on lease € 11,000.
Debts at end 2025
€ 55,500
▲ 258% vs 2024
Loans from banks and other lenders, long and short.
€ 13,271
▲ € 12,968 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 4,308
▼ 2% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 4,953 | € 3,145 | € 11,508 | € -21,376 | ▼ € 32,884 |
| Profit after taxes | € 2,623 | € 60 | € 3,382 | € -30,732 | ▼ € 34,113 |
| Equity | € 24,970 | € 25,087 | € 28,469 | € -2,263 | ▼ € 30,732 |
| Total debts | € 21,177 | € 24,377 | € 39,915 | € 94,076 | ▲ 136% |
| Cash | € 5,414 | € 19,316 | € 6,675 | € 37,130 | ▲ € 30,455 |
| Land & buildings | - | - | € 15,962 | € 14,282 | ▼ 11% |
| Retained profit | € 21,970 | € 22,087 | € 25,469 | € -5,263 | ▼ € 30,732 |
| Bank debt | € 12,000 | € 15,500 | € 15,500 | € 55,500 | ▲ 258% |
| Balance sheet total | € 46,148 | € 49,465 | € 68,383 | € 91,813 | ▲ 34% |
Key figures of EML, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 April 2027.
What happened to EML?
What happened at EML in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 30,732 (▼ € 34,113 vs 2024). Source: NBB ↗
- New establishment in Gent. KBO
- Lieven Lagast became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 2,623 profit in 2022 to € 30,732 loss in 2025.
Paid € 3,723 in corporate taxes since 2022.
Best year ever: 2024, with € 3,382 profit.
Management
Behind EML is Lieven Lagast. Lieven Lagast is also behind SHELTER Wonen and KING LEE.
Directors
According to the 2025 annual accounts
since 2020
Establishments
Establishment units
Physical locations of this company
Sint-Denijslaan 439
9000 Gent
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
- 0743.719.685
- VAT number
- BE 0743.719.685
- Registered office
- Sint-Denijslaan 439, 9000 Gent
- Names & denominations
- EML
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 17 February 2020
- Peppol
- Active · Active since 12 Dec 2024
- Activities · NACE
Ontwikkeling van residentiële bouwprojecten
Overige bouwinstallatie
Dakwerkzaamheden
Ontwikkeling van niet-residentiële bouwprojecten
Algemene bouw van residentiële gebouwen
Schrijnwerk
Algemene elektrotechnische installatiewerken
Overige bouwinstallatie, n.e.g.