ACTIVE

EMARA

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Financial year 2025 · closed on 31/12/2025

Net result

-156,3 k €

-601.8% YoY

Gross margin

81,7 k €

-19.4% YoY

Equity

117,7 k €

-57.1% YoY

What does EMARA do?

EMARA is a Private limited company incorporated in 1994. Its main activity is: Management consultancy activities. Its registered office is in Essen.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0453.296.539

Incorporation

19/08/1994

Legal form

Private limited company

Registered office

Spijker 58 box 2
2910 Essen · FlandreSee on map

Contributed capital

61 500,00 €

Latest accounts

31/12/2025

Activities (NACE)

70200Management consultancy activities· main 70220Business and other management consultancy activities 74142Specialised design activities

Signals

Positive cashflowPositive EBITDA

View the BCE/KBO Public Search record →

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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	81,7 k €	-19.4%	101,3 k €	+1253%	-8,8 k €	-593%	1,8 k €	-79.2%	8,6 k €	-96.7%	257,1 k €	+6551%	-4 k €	-127%	14,8 k €	+417%	2,9 k €	+19.7%	2,4 k €	-6.8%	2,6 k €	+11.1%	2,3 k €	+346%	-936,1 €	-103%	27,4 k €	+31.9%	20,8 k €	+294%	5,3 k €	-37.8%	8,5 k €	-23.9%	11,1 k €	-1.1%	11,3 k €	+451%	2 k €
EBITDA	73,3 k €	-27.5%	101,1 k €	+1236%	-8,9 k €	-629%	1,7 k €	-80.2%	8,5 k €	-96.7%	254,2 k €	+4395%	-5,9 k €	-143%	13,6 k €	+687%	1,7 k €	+35.0%	1,3 k €	-12.2%	1,5 k €	+40.6%	1 k €	+149%	-2,1 k €	-108%	26 k €	+33.6%	19,4 k €	+467%	3,4 k €	-52.3%	7,2 k €	-28.1%	10 k €	-1.7%	10,2 k €	+955%	963,4 €
Operating result	-92,6 k €	-309%	44,4 k €	+265%	-26,9 k €	-1700%	1,7 k €	-80.2%	8,5 k €	-96.7%	254,2 k €	+2829%	-9,3 k €	-191%	10,2 k €	+693%	-1,7 k €	+20.6%	-2,2 k €	-8.9%	-2 k €	+17.4%	-2,4 k €	+56.5%	-5,6 k €	-125%	22,6 k €	+40.7%	16 k €	+2548%	-655 €	-130%	2,2 k €	-54.9%	4,8 k €	-3.4%	5 k €	+160%	-8,3 k €
Net result	-156,3 k €	-602%	31,2 k €	+199%	-31,6 k €	-2174%	1,5 k €	-81.6%	8,3 k €	-95.7%	191,9 k €	+2156%	-9,3 k €	-192%	10,1 k €	+511%	-2,5 k €	+18.0%	-3 k €	-50.2%	-2 k €	+23.1%	-2,6 k €	-120%	12,7 k €	-43.1%	22,4 k €	+41.1%	15,9 k €	+10882%	144,5 €	-84.7%	947,4 €	-69.1%	3,1 k €	-27.3%	4,2 k €	+468%	744,2 €
Balance sheet
Equity	117,7 k €	-57.1%	274 k €	+12.8%	242,8 k €	-11.5%	274,4 k €	+0.6%	272,9 k €	+3.1%	264,6 k €	+264%	72,7 k €	-11.4%	82,1 k €	+14.1%	71,9 k €	-3.3%	74,4 k €	-3.9%	77,4 k €	-2.5%	79,4 k €	-3.2%	82 k €	-74.1%	317,1 k €	+7.6%	294,8 k €	+5.7%	278,9 k €	+0.1%	278,7 k €	+0.3%	277,8 k €	+1.1%	274,7 k €	+1.6%	270,5 k €
Total assets	1,7 M €	-3.7%	1,8 M €	+296%	456,1 k €	-17.6%	553,7 k €	+39.1%	398 k €	+4.7%	380,2 k €	+346%	85,2 k €	-4.0%	88,8 k €	-7.1%	95,5 k €	-2.1%	97,6 k €	-2.7%	100,4 k €	-1.8%	102,2 k €	-4.5%	107 k €	-66.3%	317,2 k €	+7.6%	294,8 k €	+5.6%	279 k €	-10.6%	312,1 k €	+3.8%	300,5 k €	+2.9%	292,2 k €	+2.5%	285,1 k €
Cash	19,1 k €	-48.0%	36,8 k €	+170%	13,6 k €	-87.2%	106,4 k €	+4101%	2,5 k €	-60.8%	6,5 k €	+3031%	206,2 €	-49.4%	407,9 €	-89.3%	3,8 k €	+57.6%	2,4 k €	+42.4%	1,7 k €	+4553%	36,4 €	-97.0%	1,2 k €		–		144,6 €	-90.1%	1,5 k €	+563%	219,5 €	-31.1%	318,5 €	-57.8%	755 €	+39.6%	540,8 €
Debts	1,6 M €	+18.2%	1,3 M €	+772%	151,7 k €	-8.9%	166,6 k €	+534%	26,3 k €	-51.4%	54 k €	+1662%	3,1 k €	-54.2%	6,7 k €	-71.7%	23,6 k €	+1.7%	23,2 k €	+1.1%	23 k €	+0.9%	22,8 k €	-8.8%	24,9 k €	+52233%	47,7 €		–		111,8 €	-99.7%	33,4 k €	+46.6%	22,7 k €	+30.1%	17,5 k €	+19.6%	14,6 k €

Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 40 ended

Active mandates

MATHIAS MICHIELSE

Chairman of the board of directors · since 03 avril 2023

Active

Ended mandates

DOMINIQUE DEWILDE

Director · since 29 mars 2023

Ended

KAEL DEWILDE

Director · since 29 mars 2023

Ended

MATHIAS MICHIELSE

Director · since 29 mars 2023

Ended

Dominique DEWILDE

Director · since 27 mars 2020 · until 31 mai 2025

Ended

At this address

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Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Abridged model	Abridged 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	27/05/2026	03/06/2025	08/07/2024	07/06/2023	13/06/2022	14/06/2021
General meeting	26/05/2026	27/05/2025	28/05/2024	30/05/2023	24/05/2022	25/05/2021
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
Micro model	31/12/2025	26/05/2026	27/05/2026	Dutch	PDF
Abridged model	31/12/2024	27/05/2025	03/06/2025	Dutch	PDF
Abridged model	31/12/2023	28/05/2024	08/07/2024	Dutch	PDF
Micro model	31/12/2022	30/05/2023	07/06/2023	Dutch	PDF
Micro model	31/12/2021	24/05/2022	13/06/2022	Dutch	PDF
Micro model	31/12/2020	25/05/2021	14/06/2021	Dutch	PDF
Micro model	31/12/2019	26/05/2020	02/02/2021	Dutch	PDF
Micro model	31/12/2018	28/05/2019	24/06/2019	Dutch	PDF
Micro model	31/12/2017	22/05/2018	23/07/2018	Dutch	PDF
Micro model	31/12/2016	23/05/2017	25/07/2017	Dutch	PDF
Abridged model	31/12/2015	24/05/2016	16/06/2016	Dutch	PDF
Abridged model	31/12/2014	26/05/2015	05/08/2015	Dutch	PDF
Abridged model	31/12/2013	27/05/2014	17/06/2014	Dutch	PDF
Abridged model	31/12/2012	28/05/2013	30/05/2013	Dutch	PDF
Abridged model	31/12/2011	22/05/2012	06/08/2012	Dutch	PDF
Abridged model	31/12/2010	24/05/2011	22/08/2011	Dutch	PDF
Abridged model	31/12/2009	25/05/2010	16/08/2010	Dutch	PDF
Abridged model	31/12/2008	26/05/2009	17/08/2009	Dutch	PDF
Abridged model	31/12/2007	27/05/2008	26/08/2008	Dutch	PDF
Abridged model	31/12/2006	29/05/2007	27/08/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 k€

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 · 40 ended

Active mandates

MATHIAS MICHIELSE

Chairman of the board of directors · since 03 avril 2023

Active

Ended mandates

DOMINIQUE DEWILDE

Director · since 29 mars 2023

Ended

KAEL DEWILDE

Director · since 29 mars 2023

Ended

MATHIAS MICHIELSE

Director · since 29 mars 2023

Ended

Dominique DEWILDE

Director · since 27 mars 2020 · until 31 mai 2025

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates24/07/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates03/04/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
PDF
Registered office10/03/2023
MAATSCHAPPELIJKE ZETEL
PDF
Mandates05/05/2020
MAATSCHAPPELIJKE ZETEL - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
PDF
Mandates29/08/2018
ONTSLAGEN - BENOEMINGEN
PDF
Mandates07/11/2014
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares30/10/2013
KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates12/07/2013
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 2025-156,3 k €↓
2024
Annual accounts 202431,2 k €↑
2023
Annual accounts 2023-31,6 k €↓
2022
Annual accounts 20221,5 k €↓
2021
Annual accounts 20218,3 k €↓
2020
Annual accounts 2020191,9 k €↑
2019
Annual accounts 2019-9,3 k €↓
2018
Annual accounts 201810,1 k €↑
2017
Annual accounts 2017-2,5 k €↑
2016
Annual accounts 2016-3 k €↓
2015
Annual accounts 2015-2 k €↑
2014
Annual accounts 2014-2,6 k €↓
2013
Annual accounts 201312,7 k €↓
2012
Annual accounts 201222,4 k €↑
2011
Annual accounts 201115,9 k €↑
2010
Annual accounts 2010144,5 €↓
2009
Annual accounts 2009947,4 €↓
2008
Annual accounts 20083,1 k €↓
2007
Annual accounts 20074,2 k €↑
2006
Annual accounts 2006744,2 €
19/08/1994
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

EMARA

Overview

What does EMARA 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