Financials
Financial year 2025
Emsee from Hasselt, company number BE0783530564, closed financial year 2025 with a result of € 18,029 after tax. For that financial year Emsee recorded a gross margin of € 907,531 and equity of € 408,350. Compared with financial year 2024, the result moved from € 171,679 to € 18,029. The company is profitable. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on August 26, 2026.
€ 408,350
▲ 5% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 18,029
▼ 89% vs 2024
Profit after tax over the fiscal year.
€ 66,232
▼ 65% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 403,350.
People and assets in 2025
14.9
▲ 1.7 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 801,768
▲ 19% vs 2024
€ 53,800 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.
€ 97,873
▼ 40% vs 2024
Of which on lease € 91,206.
Debts at end 2025
€ 112,993
▼ 36% vs 2024
€ 61,124 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 4,009
▼ 68% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 78,116
▼ 19% vs 2024
Taxes, VAT and social contributions still to pay.
| 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|
| Gross margin | € 975,955 | € 996,851 | € 907,531 | ▼ 9% |
| Profit after taxes | € 213,642 | € 171,679 | € 18,029 | ▼ 89% |
| Equity | € 218,642 | € 390,321 | € 408,350 | ▲ 5% |
| Total debts | € 271,994 | € 327,892 | € 215,844 | ▼ 34% |
| Cash | € 142,556 | € 186,943 | € 66,232 | ▼ 65% |
| Retained profit | € 213,642 | € 385,321 | € 403,350 | ▲ 5% |
| Bank debt | € 236,892 | € 175,255 | € 112,993 | ▼ 36% |
| Balance sheet total | € 490,636 | € 718,213 | € 624,194 | ▼ 13% |
| Employees (FTE) | 9.4 | 13.2 | 14.9 | ▲ 1.7 |
Key figures of Emsee, fiscal years 2023 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to Emsee?
What happened at Emsee in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 18,029 (▼ 89% vs 2024). filed late Source: NBB ↗
- New establishment in Hasselt. KBO
- Memduh Cansever became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 213,642 profit in 2023 to € 18,029 profit in 2025.
Paid € 144,514 in corporate taxes since 2023.
Best year ever: 2023, with € 213,642 profit.
On average € 60,900 of value added per employee in 2025.
Management
Behind Emsee is Memduh Cansever.
Directors
According to the 2025 annual accounts
Memduh Cansever
Director
since 2022
Establishments
Establishment units
Physical locations of this company
Vilstraat 55
3511 Hasselt
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0783.530.564
- VAT number
- BE 0783.530.564
- Registered office
- Vilstraat 55, 3511 Hasselt
- Names & denominations
- Emsee
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 17 March 2022
- Peppol
- Active · Active since 19 Dec 2025
- Activities · NACE
Bouwrijp maken van terreinen
Bouw van civieltechnische werken voor elektriciteit en telecommunicatie
Overige zakelijke dienstverlening, neg