NORMAL SITUATION

EM2

Financial year 2025 · closed on 28/05/2025
Net result
24,2 k €
-85.8% YoY
Gross margin
12 k €
-77.4% YoY
Equity
653 €
+102.8% YoY

Company — Normal situation.

What does EM2 do?

EM2 is a company registered in Belgium.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0769.614.430
Legal form
Public limited company
Contributed capital
18 258 920,00 €
Latest accounts
28/05/2025
Signals
ProfitablePositive cashflowPositive EBITDA
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 4 financial years

2025202420232022
Income statement
Gross margin12 k €52,9 k €-139 k €-91,4 k €
EBITDA12 k €51,8 k €-139,4 k €-123,9 k €
Operating result17,5 k €76,8 k €-239,4 k €-488,6 k €
Net result24,2 k €170 k €-1,1 M €-17,4 M €
Balance sheet
Equity653 €-23,5 k €-193,5 k €879,4 k €
Total assets151,8 k €261,9 k €366,3 k €1,3 M €
Cash60,6 k €13,4 k €25,4 k €26,6 k €
Debts143,4 k €254,5 k €482,8 k €396,9 k €
Governance

Board of directors

Seen on filing of 28/05/2025 · 5 active · 5 ended

Active mandates

Alain DE CAT

Liquidator · since 28 mai 2025

Active
A. DE CAT

Managing director · since 11 juin 2021 · until 28 mai 2025

Active
Eric LONBOIS

Chairman of the board of directors · since 11 juin 2021 · until 28 mai 2025

Active
Olivier PIRAUX

Director · since 11 juin 2021 · until 28 mai 2025

Active
Pieter EVENEPOEL

Director · since 11 juin 2021 · until 28 mai 2025

Active

Ended mandates

Alain DE CAT

Managing director · since 11 juin 2021 · until 11 juin 2027

Ended
Eric LONBOIS

Chairman of the board of directors · since 11 juin 2021 · until 11 juin 2027

Ended
Geert MAES

Director · since 11 juin 2021 · until 09 août 2023

Ended
Olivier PIRAUX

Director · since 11 juin 2021 · until 11 juin 2027

Ended
Annual accounts

Full financial information

2025202420232022
Type of accountAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202311/06/2021
Closing of the financial year28/05/202531/12/202431/12/202331/12/2022
Length of the financial year5 months12 months12 months19 months
Filing date26/08/202519/05/202511/07/202411/07/2024
General meeting15/05/202528/06/202428/06/2024
Currency of the financial yearEUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

4 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model28/05/202526/08/2025DutchPDF
Abridged model31/12/202415/05/202519/05/2025DutchPDF
Abridged model31/12/202328/06/202411/07/2024DutchPDF
Abridged model31/12/202228/06/202411/07/2024DutchPDF
Estimate

Indicative valuation

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 28/05/2025 · 5 active · 5 ended

Active mandates

Alain DE CAT

Liquidator · since 28 mai 2025

Active
A. DE CAT

Managing director · since 11 juin 2021 · until 28 mai 2025

Active
Eric LONBOIS

Chairman of the board of directors · since 11 juin 2021 · until 28 mai 2025

Active
Olivier PIRAUX

Director · since 11 juin 2021 · until 28 mai 2025

Active
Pieter EVENEPOEL

Director · since 11 juin 2021 · until 28 mai 2025

Active

Ended mandates

Alain DE CAT

Managing director · since 11 juin 2021 · until 11 juin 2027

Ended
Eric LONBOIS

Chairman of the board of directors · since 11 juin 2021 · until 11 juin 2027

Ended
Geert MAES

Director · since 11 juin 2021 · until 09 août 2023

Ended
Olivier PIRAUX

Director · since 11 juin 2021 · until 11 juin 2027

Ended
Shareholders

Ownership and network

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Competition

Similar companies

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

See the Business plan

Timeline

  1. 2025
    Annual accounts 202524,2 k €
  2. 2024
    Annual accounts 2024170 k €
  3. 2023
    Annual accounts 2023-1,1 M €
  4. 2022
    Annual accounts 2022-17,4 M €