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 5 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
E-MERGE GF1 from Ukkel, company number BE0847123269, closed financial year 2025 with a result of € 69,908 after tax. For that financial year E-MERGE GF1 recorded a gross margin of € -20,373 and equity of € 1.2 million. Compared with financial year 2024, the result moved from € 304,694 to € 69,908. 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 July 9, 2026.
€ 1.2 million
▲ 6% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 69,908
▼ 77% vs 2024
Profit after tax over the fiscal year.
€ 49,093
▼ 39% 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 € -1.6 million.
People and assets in 2025
0
Average over the fiscal year, from the social balance sheet.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 477
▲ 45% vs 2024
Supplier invoices still open on the last day of the fiscal year.
Want to see how much further we take a dossier in the Pro version? Open the free De Lijn example and give feedback →
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -14,881 | € -7,254 | € -62,381 | € -20,373 | ▲ € 42,008 |
| Profit after taxes | € -15,123 | € -36,762 | € 304,694 | € 69,908 | ▼ 77% |
| Equity | € 1,369,614 | € 1,332,853 | € 1,137,546 | € 1,207,454 | ▲ 6% |
| Total debts | € 510 | € 147 | € 329 | € 950,477 | ▲ € 950,148 |
| Cash | € 74,809 | € 84,213 | € 81,074 | € 49,093 | ▼ 39% |
| Retained profit | € -1,980,386 | € -2,017,147 | € -1,712,454 | € -1,642,546 | ▲ € 69,908 |
| Balance sheet total | € 1,370,125 | € 1,333,000 | € 1,137,875 | € 2,157,931 | ▲ 90% |
Key figures of E-MERGE GF1, 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 E-MERGE GF1?
What happened at E-MERGE GF1 in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Laurent DRION stepped down as director. NBB
- Gaspard DRION stepped down as director. NBB
- Noémie DRION stepped down as director. NBB
- Muriel ALHADEFF stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 69,908 (▼ 77% vs 2024). Source: NBB ↗
- Gaspard DRION became a director. NBB
- Noémie DRION became a director. NBB
- Laurent DRION became a director. NBB
In short
From € 15,123 loss in 2022 to € 69,908 profit in 2025.
Best year ever: 2024, with € 304,694 profit.
A new publication or filing at E-MERGE GF1? We notify you, reason included.
Follow E-MERGE GF1Databakkes Pro
Know what changes at your customers, suppliers and competitors. Without reading an annual account.
- Follow them in one folder Every company in your folder gets this full dossier: household book, all fiscal years, benchmark against companies of the same size.
- We alert you, with the reason New annual account, Official Gazette publication or status change: you get what changed and where it says so.
- In bulk too, and in ChatGPT and Claude Upload your customer list and get the warning signs back per company. Or ask in your own AI assistant, with this register as the source.
Databakkes Pro is being built. Sign up now and you are first in line for an invitation, with a month to try without a credit card.
De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
The shares are held by E-Merge (79.6%). It owns 90% of AL-Seedcamp-Funds, LLC A-CVE-14-Fund, 72% of AngelList-500-Funds, LLC A-HAT-24-Fund, 57% of AngelList-S2Al-Funds, LLC A-FMF-18-Fund, 38% of AngelList-BlAl-Funds, LLC A-GQR-18-Fund, 29% of AX-PaSi-Funds, LLC A-POE-12-Fund and 24% of AngelList-S2Al-Funds, LLC A-CYW-29-Fund itself.
Directors
According to the 2025 annual accounts
Laurent DRION
Managing director
Also active at: E - MERGE, E-MERGE CB, E-MERGE SLY, E-MERGE ALS, E-MERGE SPX, E-MERGE O3, IMMOBILIERE CARACOLE, 3POMMES.ORG
since 2021 · until 2032
Gaspard DRION
Managing director
Also active at: E - MERGE, E-MERGE CB, E-MERGE SLY, E-MERGE ALS, E-MERGE SPX, IMMOBILIERE CARACOLE
since 2026 · until 2032
Noémie DRION
Managing director
Also active at: E - MERGE, E-MERGE CB, E-MERGE SLY, E-MERGE ALS, E-MERGE SPX, IMMOBILIERE CARACOLE
since 2026 · until 2032
Muriel ALHADEFF
Managing director
Also active at: E - MERGE, E-MERGE CB, E-MERGE SLY, E-MERGE ALS, E-MERGE SPX, E-MERGE O3, IMMOBILIERE CARACOLE
since 2021 · until 2032
Shareholders
79.6%
Participations
AL-Seedcamp-Funds, LLC A-CVE-14-Fund
90%
AngelList-500-Funds, LLC A-HAT-24-Fund
72%
AngelList-S2Al-Funds, LLC A-FMF-18-Fund
57%
AngelList-BlAl-Funds, LLC A-GQR-18-Fund
38%
AX-PaSi-Funds, LLC A-POE-12-Fund
29%
AngelList-S2Al-Funds, LLC A-CYW-29-Fund
24%
22.2%
AngelList-BW-Funds, LLC A-RSX-11-Fund
20%
AX-NaAl-Funds, LLC A-EDQ-13-Fund
20%
AngelList-TeEs-Funds, LLC A-PMJ-16-Fund
18%
AngelList-S2Al-Funds, LLC A-LNX-11-Fund
15%
AngelList-ER-Funds, LLC A-NTC-37-Fund
14%
AngelList-ThTe-Funds, LLC A-RRL-19-Fund
11%
INVOPOP LTD
0%
AngelList-BlAl-Funds, LLC A-OGV-17-Fund
0%
Establishments
Establishment units
Physical locations of this company
Van Beverlaan 4
1180 Ukkel
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 7 companies are registered at this address.
All companies at this address →E - MERGE same network
€ -2.2 million gross margin · 2025
EBOOKS
€ 386,366 gross margin · 2025
E-MERGE CB same network
€ -5,562 gross margin · 2025
E-MERGE SLY same network
€ -7,752 gross margin · 2025
E-MERGE ALS same network
€ -77,174 gross margin · 2025
+2 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0847.123.269
- VAT number
- BE 0847.123.269
- Registered office
- Van Beverlaan 4, 1180 Ukkel
- Names & denominations
- E-MERGE GF1
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 4 July 2012
- Peppol
- Active · Active since 5 Dec 2025