ACTIVE

Emsee

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Financial year 2025 · closed on 31/12/2025
Net result
18 k €
-89.5% YoY
Gross margin
907,5 k €
-9.0% YoY
Equity
408,3 k €
+4.6% YoY
Workforce
14,9 ETP
+12.9% YoY

What does Emsee do?

Emsee is a Private limited company incorporated in 2022. Its main activity is: Construction of utility projects for electricity and telecommunications. Its registered office is in Hasselt. It employs on average 14,9 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0783.530.564
Incorporation
17/03/2022
Legal form
Private limited company
Registered office
Vilstraat 55
3511 Hasselt · FlandreSee on map
Contributed capital
5 000,00 €
Latest accounts
31/12/2025
Average workforce
14,9 ETP
Activities (NACE)
42220Construction of utility projects for electricity and telecommunications· main42220Construction of utility projects for electricity and telecommunications43120Site preparation43120Site preparation82990Other business support service activities n.e.c.82990Other business support service activities n.e.c.
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 3 financial years

202520242023
Income statement
Gross margin907,5 k €996,9 k €976 k €
EBITDA102,1 k €320 k €323 k €
Operating result32,2 k €251,8 k €278,8 k €
Net result18 k €171,7 k €213,6 k €
Balance sheet
Equity408,3 k €390,3 k €218,6 k €
Total assets624,2 k €718,2 k €490,6 k €
Cash66,2 k €186,9 k €142,6 k €
Debts204,3 k €327,9 k €272 k €
Other
Workforce14,9 ETP13,2 ETP9,4 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

Active mandates

Memduh CANSEVER

Director · since 17 mars 2022

Active
Annual accounts

Full financial information

202520242023
Type of accountAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202417/03/2022
Closing of the financial year31/12/202531/12/202431/12/2023
Length of the financial year12 months12 months22 months
Filing date26/08/202608/08/202517/07/2024
General meeting26/06/202627/06/202528/06/2024
Currency of the financial yearEUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

3 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202526/06/202626/08/2026DutchPDF
Abridged model31/12/202427/06/202508/08/2025DutchPDF
Abridged model31/12/202328/06/202417/07/2024DutchPDF
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

Active mandates

Memduh CANSEVER

Director · since 17 mars 2022

Active
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Other21/03/2022
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    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

Timeline

  1. 2025
    Annual accounts 202518 k €↓
  2. 2024
    Annual accounts 2024171,7 k €↓
  3. 2023
    Annual accounts 2023213,6 k €
  4. 17/03/2022
    IncorporationPrivate limited company