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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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 56 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
EMF CONSTRUCT from Dendermonde, company number BE0888175451, closed financial year 2025 with a result of € -10,586 after tax. For that financial year EMF CONSTRUCT recorded a gross margin of € 242,479 and equity of € 192,540. Compared with financial year 2024, the result moved from € -27,472 to € -10,586. 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 April 30, 2026.
€ 192,540
▼ 39% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -10,586
▲ 61 % less loss than in 2024
Profit after tax over the fiscal year.
€ 4,262
▲ 176% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 113,940.
People and assets in 2025
0
Average over the fiscal year, from the social balance sheet.
€ 332,205
▲ 13% vs 2024
Of which on lease € 14,507.
Debts at end 2025
€ 1.3 million
▲ 28% vs 2024
€ 4,185 is repaid this year. At this pace the long-term loan is gone in ≈ 312 years.
€ 189,983
▼ 3% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 26,312
▼ 61% 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 | € 225,773 | € 187,809 | € 161,320 | € 242,479 | ▲ 50% |
| Profit after taxes | € 52,311 | € 8,564 | € -27,472 | € -10,586 | ▲ € 16,885 |
| Equity | € 336,034 | € 344,598 | € 317,126 | € 192,540 | ▼ 39% |
| Total debts | € 1,335,744 | € 1,515,797 | € 1,537,331 | € 1,777,018 | ▲ 16% |
| Cash | € 450 | € 35,193 | € 1,546 | € 4,262 | ▲ 176% |
| Land & buildings | € 627,457 | € 603,459 | € 579,461 | € 555,464 | ▼ 4% |
| Retained profit | € 257,434 | € 265,998 | € 238,526 | € 113,940 | ▼ 52% |
| Dividend | € 0 | € 0 | € 0 | € 114,000 | |
| Bank debt | € 715,537 | € 643,733 | € 1,021,203 | € 1,304,185 | ▲ 28% |
| Balance sheet total | € 1,671,778 | € 1,860,394 | € 1,854,458 | € 1,969,558 | ▲ 6% |
By gross margin, EMF CONSTRUCT ranks 7th of 11 companies with main activity “Bouw van autowegen en andere wegen” in Dendermonde that publish figures (fiscal year 2025).
Key figures of EMF CONSTRUCT, 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.
Ask about EMF CONSTRUCT the way you would ask their accountant.
Answers from the filed annual accounts, the Belgian Official Gazette and the CBE register.
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What happened to EMF CONSTRUCT?
What happened at EMF CONSTRUCT in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 10,586. Source: NBB ↗
- Capital increase of € 60,000, published in the Gazette. Source: Staatsblad ↗
- Frank Meirsman became a director. NBB
- Incorporation, published in the Gazette. Source: Staatsblad ↗
- New establishment in Dendermonde. KBO
In short
From € 52,311 profit in 2022 to € 10,586 loss in 2025.
Paid € 66,230 in corporate taxes since 2022.
Best year ever: 2022, with € 52,311 profit.
Paid out € 114,000 in dividends to the owners in total.
Management
Behind EMF CONSTRUCT is Frank Meirsman. It owns 90.9% of F & F Construct itself.
Directors
According to the 2025 annual accounts
since 2011
Establishments
Establishment units
Physical locations of this company
Schoolstraat 37
9200 Dendermonde
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.
Similar companies in Dendermonde
Same main activity (Bouw van autowegen en andere wegen), 14 active companies in Dendermonde, largest first.
€ 2.9 million gross margin · 2025
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Colpin - De Meester Algemene Ondernemingen
€ 1.1 million gross margin · 2025
€ 331,006 gross margin · 2026
€ 271,031 gross margin · 2026
Shareholders according to the Official Gazette deeds
Who contributed at incorporation and at capital increases, with the deed as source. Later share transfers are not published in the Gazette.
Incorporation
Source: Deed ↗- GAMBARDELLA Guiseppe(oprichter) 100%
Details
- Company number
- 0888.175.451
- VAT number
- BE 0888.175.451
- Registered office
- Schoolstraat 37, 9200 Dendermonde
- Names & denominations
- EMF CONSTRUCT
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 22 March 2007
- Peppol
- Active · Active since 21 Oct 2026
- Activities · NACE
Bouw van autowegen en andere wegen