ACTIVE

EMP

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Financial year 2025 · closed on 31/12/2025

Net result

8,7 k €

-63.0% YoY

Gross margin

45,5 k €

-38.8% YoY

Equity

525 k €

+1.7% YoY

Workforce

0,0 ETP

What does EMP do?

EMP is a Private limited company incorporated in 1990. Its registered office is in Waterloo.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0440.591.816

Incorporation

03/04/1990

Legal form

Private limited company

Registered office

Drève Richelle 161 box 48
1410 Waterloo · WallonieSee on map

Contributed capital

25 000,00 €

Latest accounts

31/12/2025

Average workforce

0,0 ETP

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

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✦ Verdict · Analyst summary

Financials

Trend over 20 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	45,5 k €	-38.8%	74,3 k €	+10.8%	67,1 k €	+66.3%	40,4 k €	+167%	15,1 k €	+96.7%	7,7 k €	-62.8%	20,7 k €	-31.0%	30 k €	+20.9%	24,8 k €	+224%	7,7 k €	+16.7%	6,6 k €	-17.0%	7,9 k €	+51.6%	5,2 k €	+10.8%	4,7 k €	+41.9%	3,3 k €	+24.1%	2,7 k €	-89.8%	26,3 k €	+127%	11,6 k €	-1.9%	11,8 k €	-57.8%	28 k €
EBITDA	42,9 k €	-13.2%	49,5 k €	-23.5%	64,7 k €	+71.6%	37,7 k €	+184%	13,3 k €	+178%	4,8 k €	-69.0%	15,4 k €	-42.9%	27 k €	+45.1%	18,6 k €	+185%	6,5 k €	+20.1%	5,4 k €	-19.8%	6,8 k €	+63.4%	4,2 k €	+16.2%	3,6 k €	+61.9%	2,2 k €	+844%	-296,5 €	-101%	23,9 k €	+150%	9,6 k €	+15.1%	8,3 k €	-69.4%	27,1 k €
Operating result	6,1 k €	-72.2%	21,9 k €	-29.0%	30,8 k €	+82.4%	16,9 k €	+24257%	-70 €	+98.5%	-4,7 k €	-188%	5,3 k €	-56.2%	12,1 k €	+225%	3,7 k €	+40.3%	2,7 k €	+69.5%	1,6 k €	-58.0%	3,7 k €	+239%	1,1 k €	+543%	-248,4 €	+87.8%	-2 k €	+78.4%	-9,4 k €	-167%	14,1 k €	+2604%	-563,4 €	+55.6%	-1,3 k €	-106%	21,4 k €
Net result	8,7 k €	-63.0%	23,6 k €	-15.7%	28 k €	+102%	13,9 k €	+8630%	-162,7 €	+96.6%	-4,7 k €	-230%	3,6 k €	-69.9%	12,1 k €	+207%	3,9 k €	+20.1%	3,3 k €	+20.0%	2,7 k €	-51.7%	5,7 k €	+31.7%	4,3 k €	+2.0%	4,2 k €	+774%	481,3 €	+107%	-7 k €	-138%	18,4 k €	+71.4%	10,8 k €	-39.8%	17,9 k €	-28.3%	24,9 k €
Balance sheet
Equity	525 k €	+1.7%	516,3 k €	+4.8%	492,6 k €	+6.0%	464,6 k €	+3.1%	450,7 k €	-0.0%	450,9 k €	-1.0%	455,6 k €	+0.8%	452 k €	+2.7%	439,9 k €	+0.9%	436 k €	+0.8%	432,7 k €	+0.6%	429,9 k €	+1.3%	424,3 k €	+1.0%	420 k €	+1.0%	415,8 k €	+0.1%	415,3 k €	-1.7%	422,3 k €	+4.6%	403,9 k €	+2.7%	393,1 k €	+4.8%	375,3 k €
Total assets	540,9 k €	+0.4%	538,6 k €	+4.3%	516,6 k €	-7.1%	556,2 k €	+21.9%	456,4 k €	-0.3%	457,7 k €	-1.2%	463,1 k €	+0.8%	459,6 k €	+2.3%	449,1 k €	+1.9%	440,6 k €	+1.4%	434,5 k €	-0.1%	434,8 k €	+2.2%	425,5 k €	+1.1%	420,8 k €	+0.8%	417,3 k €	-2.8%	429,2 k €	+1.1%	424,5 k €	+4.5%	406 k €	-44.2%	727,7 k €	+2.4%	710,4 k €
Cash	411,2 k €	-1.9%	419,2 k €	+27.1%	329,9 k €	+61.2%	204,7 k €	+4.8%	195,2 k €	-6.2%	208,2 k €	-0.0%	208,2 k €	+14.1%	182,5 k €	+17.8%	155 k €	+510%	25,4 k €	+46.5%	17,4 k €	+2.8%	16,9 k €	+1.5%	16,6 k €	+39.6%	11,9 k €	-50.8%	24,2 k €	-3.5%	25,1 k €	-28.3%	35 k €	+511%	5,7 k €	-90.5%	60,5 k €	+92.7%	31,4 k €
Debts	13,5 k €	-15.6%	16 k €	+57.1%	10,2 k €	-86.8%	77,1 k €	+1362%	5,3 k €	-22.0%	6,8 k €	-3.2%	7 k €	+52.3%	4,6 k €	+22.3%	3,8 k €	-20.1%	4,7 k €	+152%	1,9 k €	+154%	732,1 €	-39.7%	1,2 k €	+58.8%	764,2 €	-0.9%	770,9 €	-94.1%	13,1 k €	+519%	2,1 k €	+0.6%	2,1 k €	-99.4%	333,1 k €	-0.0%	333,1 k €
Other
Workforce	0,0 ETP		–		–		–		–		–		–		–		–		–		–		–		–		–		–		–		–		–		–		–

Estimate

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 9 ended

Active mandates

Edgar Mertes

Director · since 14 février 2020

Active

Ended mandates

Edgar MERTES

Director · since 30 mai 2018 · until 30 mai 2024

Ended

Edgar MERTES

Director · since 30 mai 2018

Ended

Edgar MERTES

Director · since 02 avril 2012 · until 30 mai 2018

Ended

Edgar MERTES

Managing director · since 02 avril 2012 · until 30 mai 2018

Ended

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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	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	16/07/2026	15/07/2025	04/06/2024	25/08/2023	31/08/2022	31/08/2021
General meeting	21/06/2026	30/05/2025	30/05/2024	18/08/2023	19/08/2022	23/08/2021
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	21/06/2026	16/07/2026	French	PDF
Micro model	31/12/2024	30/05/2025	15/07/2025	French	PDF
Micro model	31/12/2023	30/05/2024	04/06/2024	French	PDF
Micro model	31/12/2022	18/08/2023	25/08/2023	French	PDF
Micro model	31/12/2021	19/08/2022	31/08/2022	French	PDF
Micro model	31/12/2020	23/08/2021	31/08/2021	French	PDF
Micro model	31/12/2019	27/10/2020	28/10/2020	French	PDF
Micro model	31/12/2018	28/08/2019	30/08/2019	French	PDF
Micro model	31/12/2017	30/05/2018	29/06/2018	French	PDF
Micro model	31/12/2016	30/05/2017	09/06/2017	French	PDF
Abridged model	31/12/2015	30/05/2016	28/06/2016	French	PDF
Abridged model	31/12/2014	30/05/2015	02/07/2015	French	PDF
Abridged model	31/12/2013	30/05/2014	24/06/2014	French	PDF
Abridged model	31/12/2012	30/05/2013	19/08/2013	French	PDF
Abridged model	31/12/2011	30/05/2012	29/08/2012	French	PDF
Abridged model	31/12/2010	30/05/2011	29/08/2011	French	PDF
Abridged model	31/12/2009	30/05/2010	11/08/2010	French	PDF
Abridged model	31/12/2008	30/05/2009	16/07/2009	French	PDF
Abridged model	31/12/2007	30/05/2008	04/08/2008	French	PDF
Abridged model	31/12/2006	30/05/2007	10/07/2007	French	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 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 · 9 ended

Active mandates

Edgar Mertes

Director · since 14 février 2020

Active

Ended mandates

Edgar MERTES

Director · since 30 mai 2018 · until 30 mai 2024

Ended

Edgar MERTES

Director · since 30 mai 2018

Ended

Edgar MERTES

Director · since 02 avril 2012 · until 30 mai 2018

Ended

Edgar MERTES

Managing director · since 02 avril 2012 · until 30 mai 2018

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates19/02/2020
MODIFICATION FORME JURIDIQUE - OBJET - DEMISSIONS, NOMINATIONS
PDF
Mandates19/09/2019
DEMISSIONS, NOMINATIONS
PDF
Registered office15/01/2014
SIEGE SOCIAL
PDF
Mandates23/05/2012
SIEGE SOCIAL - DEMISSIONS, NOMINATIONS
PDF
Capital / shares22/05/2006
CAPITAL, ACTIONS - ASSEMBLEE GENERALE - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
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 20258,7 k €↓
2024
Annual accounts 202423,6 k €↓
2023
Annual accounts 202328 k €↑
2022
Annual accounts 202213,9 k €↑
2021
Annual accounts 2021-162,7 €↑
2020
Annual accounts 2020-4,7 k €↓
2019
Annual accounts 20193,6 k €↓
2018
Annual accounts 201812,1 k €↑
2017
Annual accounts 20173,9 k €↑
2016
Annual accounts 20163,3 k €↑
2015
Annual accounts 20152,7 k €↓
2014
Annual accounts 20145,7 k €↑
2013
Annual accounts 20134,3 k €↑
2012
Annual accounts 20124,2 k €↑
2011
Annual accounts 2011481,3 €↑
2010
Annual accounts 2010-7 k €↓
2009
Annual accounts 200918,4 k €↑
2008
Annual accounts 200810,8 k €↓
2007
Annual accounts 200717,9 k €↓
2006
Annual accounts 200624,9 k €
03/04/1990
IncorporationPrivate 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

EMP

Overview

What does EMP do?

Trend over 20 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