ACTIVE

EMMAT

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Financial year 2025 · closed on 31/12/2025

Net result

2,2 M €

+4603.7% YoY

Gross margin

4 M €

+2599.6% YoY

Equity

318,5 k €

-62.9% YoY

Workforce

12,4 ETP

What does EMMAT do?

EMMAT is a Public limited company incorporated in 1989. Its main activity is: Wholesale trade, except of motor vehicles and motorcycles. Its registered office is in Bruxelles. It employs on average 12,4 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0438.704.967

Incorporation

18/10/1989

Legal form

Public limited company

Registered office

Avenue du Port 71
1000 Bruxelles · BruxellesSee on map

Contributed capital

95 787,05 €

Latest accounts

31/12/2025

Average workforce

12,4 ETP

Activities (NACE)

46831Wholesale trade, except of motor vehicles and motorcycles· main 47521Retail sale of hardware, paints and glass in specialised stores 47521Retail sale of hardware, paints and glass in specialised stores 77320Rental and leasing of construction and civil engineering machinery and equipment

Joint committees (1)

Signals

ProfitableLow riskPositive cashflowPositive EBITDAHealthy social debts

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 19 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007
Income statement
Gross margin	4 M €	+2600%	149,2 k €	-63.1%	404,5 k €	+11.0%	364,4 k €	+267%	99,4 k €	-15.1%	117,1 k €	-72.7%	429,1 k €	+225%	132,2 k €	+0.2%	132 k €	-2.6%	135,6 k €	-5.6%	143,7 k €	+4.9%	137 k €	-7.2%	147,6 k €	+39.5%	105,8 k €	-17.1%	127,7 k €	+18.2%	108 k €	-14.3%	126 k €	+36.9%	92 k €	+3.3%	89,1 k €
EBITDA	3,3 M €	+2541%	123,5 k €	-68.6%	393,2 k €	+11.3%	353,4 k €	+354%	77,8 k €	-29.6%	110,6 k €	-73.0%	409 k €	+264%	112,4 k €	+307%	-54,4 k €	-147%	115,6 k €	-7.1%	124,3 k €	+5.4%	117,9 k €	-9.1%	129,8 k €	+48.3%	87,5 k €	-22.2%	112,6 k €	+21.3%	92,9 k €	-16.1%	110,7 k €	+42.0%	77,9 k €	-19.1%	96,3 k €
Operating result	3,1 M €	+4393%	68,9 k €	-78.9%	326,1 k €	+13.6%	287,1 k €	+1911%	14,3 k €	-68.3%	45 k €	-87.1%	348,8 k €	+647%	46,7 k €	+141%	-113,9 k €	-323%	51 k €	-10.2%	56,8 k €	+10.3%	51,4 k €	-32.6%	76,4 k €	+371%	16,2 k €	+13.6%	14,3 k €	-51.0%	29,1 k €	-55.1%	64,9 k €	+121%	29,4 k €	-31.1%	42,6 k €
Net result	2,2 M €	+4604%	47 k €	-79.2%	226,1 k €	+6.6%	212,1 k €	+2130%	-10,4 k €	-166%	15,9 k €	-93.2%	234,8 k €	+979%	21,8 k €	+131%	-70,9 k €	-147%	149,4 k €	+710%	18,4 k €	+56.5%	11,8 k €	-66.6%	35,3 k €	+245%	-24,4 k €	-8.6%	-22,4 k €	-399%	-4,5 k €	-124%	19 k €	+200%	-18,9 k €	-1025%	2 k €
Balance sheet
Equity	318,5 k €	-62.9%	858,4 k €	+5.8%	811,4 k €	+32.2%	613,9 k €	+52.8%	401,8 k €	-2.5%	412,3 k €	+4.0%	396,4 k €	+145%	161,6 k €	-70.1%	539,8 k €	-11.6%	610,8 k €	+32.4%	461,4 k €	+4.2%	442,9 k €	+2.7%	431,1 k €	+8.9%	395,8 k €	-5.8%	420,2 k €	-5.1%	442,6 k €	-1.0%	447,1 k €	+4.4%	428,1 k €	-4.2%	447 k €
Total assets	7,7 M €	+789%	866,7 k €	-8.5%	947,7 k €	+1.6%	932,6 k €	-5.3%	984,8 k €	-11.0%	1,1 M €	-0.2%	1,1 M €	-16.4%	1,3 M €	-4.3%	1,4 M €	-13.1%	1,6 M €	+10.4%	1,4 M €	-4.0%	1,5 M €	+2.0%	1,5 M €	-1.8%	1,5 M €	-3.6%	1,6 M €	+20.0%	1,3 M €	-0.3%	1,3 M €	-2.8%	1,3 M €	-4.4%	1,4 M €
Cash	634,8 k €	+262%	175,5 k €	+345%	39,5 k €	-57.3%	92,5 k €	+35.9%	68,1 k €	-66.3%	201,9 k €	+2.2%	197,6 k €	-31.3%	287,7 k €	-19.0%	355,1 k €	-5.2%	374,6 k €	+1214%	28,5 k €	-9.2%	31,4 k €	-52.9%	66,6 k €	+43.9%	46,3 k €	+50.3%	30,8 k €	-21.0%	39 k €	+16.3%	33,5 k €	-19.8%	41,8 k €	+50.2%	27,8 k €
Debts	7,4 M €	+152869%	4,8 k €	-96.5%	136,3 k €	-57.2%	318,7 k €	-45.3%	583 k €	-3.8%	606,1 k €	-2.8%	623,5 k €	-46.4%	1,2 M €	+37.7%	844 k €	-7.9%	916,6 k €	-6.7%	982,2 k €	-7.4%	1,1 M €	+1.7%	1 M €	-5.7%	1,1 M €	-2.6%	1,1 M €	+33.2%	852,2 k €	-0.1%	853,1 k €	-6.3%	910,7 k €	-4.5%	953,8 k €
Other
Workforce	12,4 ETP		–		–		–		–		–		–		–		–		–		–		–		–		–		–		–		–		–		–

Estimate

Indicative valuation

As an indication, this company is worth

between 5 M€ and 10 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 29 ended

Active mandates

Christian Gökinan

Director · since 07 mai 2024 · until 06 mai 2030

Active

Ended mandates

Maria Ceuppens

Mandate · since 09 septembre 2016 · until 09 septembre 2022

Ended

Willy Somers

Chairman of the board of directors · since 09 septembre 2016 · until 09 septembre 2022

Ended

ANNE SOMERS

Director · since 19 mai 2010 · until 19 mai 2016

Ended

EVA SOMERS

Director · since 19 mai 2010 · until 19 mai 2016

Ended

At this address

Other companies at this address

Company	CBE no.
Wiggin Alloys● Liquidation	0401.908.711

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Micro model	Micro model	Micro model	Micro model	Micro model
Start of the financial year	01/04/2024	01/04/2023	01/04/2022	01/04/2021	01/04/2020	01/04/2019
Closing of the financial year	31/12/2025	31/03/2024	31/03/2023	31/03/2022	31/03/2021	31/03/2020
Length of the financial year	21 months	12 months	12 months	12 months	12 months	12 months
Filing date	25/06/2026	06/05/2024	08/12/2023	05/12/2022	30/12/2021	31/12/2020
General meeting	24/06/2026	19/04/2024	08/09/2023	09/09/2022	11/09/2021	13/09/2020
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	24/06/2026	25/06/2026	French	PDF
Micro modelCorrection	31/03/2024	19/04/2024	06/05/2024	Dutch	PDF
Micro model	31/03/2024	19/04/2024	19/04/2024	Dutch	PDF
Micro model	31/03/2023	08/09/2023	08/12/2023	Dutch	PDF
Micro model	31/03/2022	09/09/2022	05/12/2022	Dutch	PDF
Micro model	31/03/2021	11/09/2021	30/12/2021	Dutch	PDF
Micro model	31/03/2020	13/09/2020	31/12/2020	Dutch	PDF
Micro model	31/03/2019	13/09/2019	04/12/2019	Dutch	PDF
Micro model	31/03/2018	14/09/2018	27/11/2018	Dutch	PDF
Micro model	31/03/2017	08/09/2017	30/10/2017	Dutch	PDF
Abridged model	31/03/2016	09/09/2016	24/10/2016	Dutch	PDF
Abridged model	31/03/2015	11/09/2015	30/09/2015	Dutch	PDF
Abridged model	31/03/2014	12/09/2014	29/09/2014	Dutch	PDF
Abridged model	31/03/2013	13/09/2013	30/10/2013	Dutch	PDF
Abridged model	31/03/2012	14/09/2012	28/10/2012	Dutch	PDF
Abridged model	31/03/2011	09/09/2011	11/11/2011	Dutch	PDF
Abridged model	31/03/2010	14/09/2010	23/10/2010	Dutch	PDF
Abridged model	31/03/2009	08/09/2009	12/09/2009	Dutch	PDF
Abridged model	31/03/2008	09/09/2008	28/10/2008	Dutch	PDF
Abridged model	31/03/2007	11/09/2007	17/09/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 5 M€ and 10 M€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 29 ended

Active mandates

Christian Gökinan

Director · since 07 mai 2024 · until 06 mai 2030

Active

Ended mandates

Maria Ceuppens

Mandate · since 09 septembre 2016 · until 09 septembre 2022

Ended

Willy Somers

Chairman of the board of directors · since 09 septembre 2016 · until 09 septembre 2022

Ended

ANNE SOMERS

Director · since 19 mai 2010 · until 19 mai 2016

Ended

EVA SOMERS

Director · since 19 mai 2010 · until 19 mai 2016

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates05/08/2025
DENOMINATION - SIEGE SOCIAL - OBJET - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Mandates27/05/2024
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - SIEGE SOCIAL - OBJET - DEMISSIONS, NOMINATIONS - ASSEMBLEE GENERALE - ANNEE COMPTABLE
PDF
Mandates27/05/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - MAATSCHAPPELIJKE ZETEL - DOEL - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING - BOEKJAAR
PDF
Mandates07/02/2018
KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
PDF
Mandates24/11/2016
ONTSLAGEN - BENOEMINGEN
PDF
Mandates20/07/2010
ONTSLAGEN - BENOEMINGEN
PDF
Mandates03/06/2010
ONTSLAGEN - BENOEMINGEN
PDF
Mandates21/10/2008
ONTSLAGEN - BENOEMINGEN
PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

2025
Annual accounts 20252,2 M €↑
2025
Name changeEMMAT SA
2024
Annual accounts 202447 k €↓
2023
Annual accounts 2023226,1 k €↑
2022
Annual accounts 2022212,1 k €↑
2021
Annual accounts 2021-10,4 k €↓
2020
Annual accounts 202015,9 k €↓
2019
Annual accounts 2019234,8 k €↑
2018
Annual accounts 201821,8 k €↑
2017
Annual accounts 2017-70,9 k €↓
2016
Annual accounts 2016149,4 k €↑
2015
Annual accounts 201518,4 k €↑
2014
Annual accounts 201411,8 k €↓
2013
Annual accounts 201335,3 k €↑
2012
Annual accounts 2012-24,4 k €↓
2011
Annual accounts 2011-22,4 k €↓
2010
Annual accounts 2010-4,5 k €↓
2009
Annual accounts 200919 k €↑
2008
Annual accounts 2008-18,9 k €↓
2007
Annual accounts 20072 k €
2007
Name changeEssee
18/10/1989
IncorporationPublic limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

EMMAT

Overview

What does EMMAT do?

Trend over 19 financial years

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline