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 4 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
Financials
Financial year 2025
EMPAIN MANSION from Malmedy, company number BE0807914681, closed financial year 2025 with a result of € -2.6 million after tax. For that financial year EMPAIN MANSION recorded a gross margin of € 99,203 and equity of € -31.1 million. Compared with financial year 2024, the result moved from € -2.9 million to € -2.6 million. 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 August 27, 2026.
€ -31.1 million
▼ € 2.7 million vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -2.6 million
▲ 8 % less loss than in 2024
Profit after tax over the fiscal year.
€ 599,925
▼ 39% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -31.9 million.
People and assets in 2025
0
Average over the fiscal year, from the social balance sheet.
Debts at end 2025
€ 45.4 million
▲ 4% vs 2024
Loans from banks and other lenders, long and short.
€ 234,995
▼ 50% vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 58,818 | € 115,051 | € 351,158 | € 99,203 | ▼ 72% |
| Profit after taxes | € -1,701,698 | € -2,840,977 | € -2,854,291 | € -2,630,866 | ▲ € 223,424 |
| Equity | € -22,649,062 | € -25,516,396 | € -28,397,044 | € -31,054,267 | ▼ € 2.7 million |
| Total debts | € 39,318,257 | € 41,589,733 | € 44,262,970 | € 46,001,054 | ▲ 4% |
| Cash | € 757,495 | € 753,510 | € 977,183 | € 599,925 | ▼ 39% |
| Land & buildings | € 12,908,281 | € 12,374,722 | € 11,779,632 | € 11,150,707 | ▼ 5% |
| Retained profit | € -23,580,846 | € -26,421,823 | € -29,276,113 | € -31,906,979 | ▼ € 2.6 million |
| Bank debt | € 38,880,944 | € 41,039,086 | € 43,459,900 | € 45,410,026 | ▲ 4% |
| Balance sheet total | € 16,669,195 | € 16,073,337 | € 15,865,926 | € 14,946,787 | ▼ 6% |
Key figures of EMPAIN MANSION, fiscal years 2022 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 EMPAIN MANSION?
What happened at EMPAIN MANSION in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Andreas BRÜCKMANN stepped down as director. NBB
- Victor NAZEEM R AGHA stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 2.6 million. filed late Source: NBB ↗
- Andreas BRÜCKMANN became a director. NBB
- Victor NAZEEM R AGHA became a director. NBB
- New establishment in Malmedy. KBO
- Start of the company according to the CBE. KBO
In short
From € 1.7 million loss in 2022 to € 2.6 million loss in 2025.
Management
The stake of BLAGIR comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
EMPAIN MANSIONThe shares are held by BLAGIR (100%).
Establishments
Establishment units
Physical locations of this company
Chemin-Rue 4
4960 Malmedy
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 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
- 0807.914.681
- VAT number
- BE 0807.914.681
- Registered office
- Chemin-Rue 4, 4960 Malmedy
- Names & denominations
- EMPAIN MANSION
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 21 November 2008
- Peppol
- Active · Active since 13 Feb 2026
- Activities · NACE
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