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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Tight liquidity NBB
Cash and receivables cover 28 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Emapa from Schoten, company number BE0898302350, closed financial year 2025 with a result of € 91,434 after tax. For that financial year Emapa recorded a gross margin of € 232,452 and equity of € 117,109. Compared with financial year 2024, the result moved from € 12,165 to € 91,434. Profitable, and profit is growing. 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 2, 2026.
€ 117,109
▼ 35% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 91,434
▲ € 79,269 vs 2024
Profit after tax over the fiscal year.
€ 163,962
▲ € 135,764 vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 155,001 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
€ 4,640
▼ 52% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 965,414
▼ 9% vs 2024
€ 104,504 is repaid this year. At this pace the long-term loan is gone in ≈ 8 years.
€ 101,530
▼ 2% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 27,992
▲ € 25,292 vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 226,164 | € 119,239 | € 133,285 | € 232,452 | ▲ 74% |
| Profit after taxes | € 80,544 | € 4,955 | € 12,165 | € 91,434 | ▲ € 79,269 |
| Equity | € 165,717 | € 168,511 | € 180,676 | € 117,109 | ▼ 35% |
| Total debts | € 2,395,992 | € 2,283,571 | € 2,189,417 | € 2,443,571 | ▲ 12% |
| Cash | € 74,817 | € 23,081 | € 28,198 | € 163,962 | ▲ € 135,764 |
| Land & buildings | € 966,226 | € 939,105 | € 946,259 | € 889,763 | ▼ 6% |
| Retained profit | € 159,517 | € 162,311 | € 174,476 | € 110,909 | ▼ 36% |
| Dividend | € 59,484 | € 2,162 | € 0 | € 155,001 | |
| Bank debt | € 1,265,261 | € 1,162,655 | € 1,059,414 | € 965,414 | ▼ 9% |
| Balance sheet total | € 2,824,750 | € 2,715,310 | € 2,633,378 | € 2,823,885 | ▲ 7% |
Key figures of Emapa, 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 Emapa?
What happened at Emapa in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 91,434 (▲ € 79,269 vs 2024). Source: NBB ↗
- New establishment in Schoten. KBO
- Start of the company according to the CBE. KBO
In short
From € 80,544 profit in 2022 to € 91,434 profit in 2025.
Paid € 101,558 in corporate taxes since 2022.
Best year ever: 2025, with € 91,434 profit.
Paid out € 216,647 in dividends to the owners in total.
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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
Behind Emapa is Steve Vernelen. It owns 70% of VERDO PROPERY INVESTMENT itself.
Directors
According to the 2025 annual accounts
Establishments
Establishment units
Physical locations of this company
Botermelkbaan 51
2900 Schoten
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 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
- 0898.302.350
- VAT number
- BE 0898.302.350
- Registered office
- Botermelkbaan 51, 2900 Schoten
- Names & denominations
- Emapa
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 22 May 2008
- Peppol
- Active · Active since 24 Nov 2023
- Activities · NACE
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