ACTIVE

E.M.R. BUILDING

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Financial year 2025 · closed on 31/12/2025

Net result

11,3 k €

-87.8% YoY

Gross margin

228,8 k €

-48.6% YoY

Equity

297 k €

-4.4% YoY

What does E.M.R. BUILDING do?

E.M.R. BUILDING is a Private limited company incorporated in 2008. Its registered office is in Izegem.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0896.389.470

Incorporation

26/02/2008

Legal form

Private limited company

Registered office

Abelestraat 68
8870 Izegem · FlandreSee on map

Contributed capital

7 668,61 €

Latest accounts

31/12/2025

Joint committees (2)

Signals

ProfitablePositive cashflowPositive EBITDA

View the BCE/KBO Public Search record →

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✦ Verdict · Analyst summary

Financials

Trend over 17 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009
Income statement
Gross margin	228,8 k €	-48.6%	445,1 k €	+21.1%	367,4 k €	+22.0%	301,2 k €	+10.2%	273,4 k €	+30.7%	209,2 k €	-4.6%	219,3 k €	-2.0%	223,7 k €	-12.8%	256,5 k €	+39.6%	183,7 k €	-34.6%	280,9 k €	-9.5%	310,4 k €	+26.2%	246 k €	-4.0%	256,2 k €	-27.0%	350,7 k €	+31.6%	266,5 k €	-21.8%	340,6 k €
EBITDA	219,5 k €	-17.3%	265,6 k €	+29.4%	205,2 k €	+25.7%	163,3 k €	+15.5%	141,4 k €	+86.8%	75,7 k €	+7.8%	70,2 k €	-14.7%	82,3 k €	-9.1%	90,5 k €	+14.1%	79,3 k €	-33.5%	119,2 k €	-14.1%	138,8 k €	+34.4%	103,3 k €	+54.5%	66,9 k €	-56.3%	153,1 k €	+35.3%	113,1 k €	-27.6%	156,3 k €
Operating result	31,1 k €	-78.9%	147,1 k €	+1.3%	145,3 k €	+26.6%	114,7 k €	+15.0%	99,8 k €	+148%	40,3 k €	+50.7%	26,7 k €	-41.6%	45,8 k €	+44.4%	31,7 k €	-25.5%	42,6 k €	-24.8%	56,6 k €	+1.4%	55,8 k €	-2.2%	57,1 k €	+131%	24,7 k €	-76.5%	105,4 k €	+79.9%	58,6 k €	-18.9%	72,2 k €
Net result	11,3 k €	-87.8%	92,1 k €	-13.0%	105,9 k €	+27.8%	82,9 k €	+14.0%	72,7 k €	+209%	23,6 k €	-18.8%	29 k €	-11.3%	32,7 k €	+17.1%	27,9 k €	+10.9%	25,2 k €	-32.0%	37 k €	-16.9%	44,6 k €	+34.2%	33,2 k €	+97.7%	16,8 k €	-74.9%	67,1 k €	+138%	28,2 k €	-34.2%	42,9 k €
Balance sheet
Equity	297 k €	-4.4%	310,7 k €	-12.1%	353,5 k €	+29.7%	272,6 k €	+27.0%	214,7 k €	+24.1%	173 k €	+15.8%	149,4 k €	+24.1%	120,4 k €	+15.0%	104,7 k €	+36.4%	76,8 k €	-46.5%	143,6 k €	+34.8%	106,6 k €	-24.9%	142 k €	+30.6%	108,7 k €	+18.3%	91,9 k €	+10.0%	83,6 k €	+51.0%	55,3 k €
Total assets	1 M €	+1.5%	1 M €	+9.1%	924,5 k €	+47.6%	626,2 k €	+12.2%	558,1 k €	-4.2%	582,5 k €	-1.7%	592,9 k €	+94.1%	305,4 k €	-9.5%	337,3 k €	-5.0%	355 k €	-11.6%	401,4 k €	-20.4%	504,2 k €	+24.9%	403,8 k €	+2.3%	394,7 k €	-17.6%	479 k €	+0.9%	474,9 k €	+18.5%	400,7 k €
Cash	7,5 k €	-89.9%	74,3 k €	+705%	9,2 k €	-64.9%	26,3 k €	-11.5%	29,7 k €	+587%	4,3 k €	-85.5%	29,9 k €	+321%	7,1 k €	+25.9%	5,6 k €	+123%	2,5 k €	-93.7%	39,9 k €		–		19,4 k €	+196%	6,6 k €	-92.1%	82,9 k €	+226%	25,4 k €	-2.9%	26,2 k €
Debts	720,7 k €	+3.2%	698,2 k €	+22.3%	571 k €	+61.5%	353,6 k €	+3.0%	343,3 k €	-15.6%	407 k €	-8.0%	442,2 k €	+139%	185 k €	-20.5%	232,6 k €	-16.1%	277,1 k €	+11.2%	249,3 k €	-36.7%	393,6 k €	+50.3%	261,9 k €	-8.4%	286 k €	-25.6%	384,1 k €	-0.2%	385,1 k €	+13.2%	340,1 k €
Other
Workforce	–		3,8 ETP	+52.0%	2,5 ETP	+19.0%	2,1 ETP	0.0%	2,1 ETP		–		–		–		–		–		3,8 ETP	+18.7%	3,2 ETP	0.0%	3,2 ETP	-22.0%	4,1 ETP	-12.8%	4,7 ETP	0.0%	4,7 ETP	+67.9%	2,8 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 · 1 ended

Active mandates

David Sartelet

Mandate

Active

Ended mandates

David SARTELET

Manager

Ended

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Abridged model	Abridged model	Abridged model	Abridged 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	22/07/2026	19/08/2025	06/06/2024	05/06/2023	14/06/2022	08/06/2021
General meeting	30/06/2026	30/06/2025	10/05/2024	10/05/2023	15/05/2022	10/05/2021
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

17 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2025	30/06/2026	22/07/2026	Dutch	PDF
Abridged model	31/12/2024	30/06/2025	19/08/2025	Dutch	PDF
Abridged model	31/12/2023	10/05/2024	06/06/2024	Dutch	PDF
Abridged model	31/12/2022	10/05/2023	05/06/2023	Dutch	PDF
Abridged model	31/12/2021	15/05/2022	14/06/2022	Dutch	PDF
Micro model	31/12/2020	10/05/2021	08/06/2021	Dutch	PDF
Micro model	31/12/2019	10/05/2020	10/06/2020	Dutch	PDF
Micro model	31/12/2018	10/05/2019	04/06/2019	Dutch	PDF
Micro model	31/12/2017	11/05/2018	08/06/2018	Dutch	PDF
Micro model	31/12/2016	10/05/2017	09/06/2017	Dutch	PDF
Abridged model	31/12/2015	10/05/2016	08/06/2016	Dutch	PDF
Abridged model	31/12/2014	15/06/2015	22/06/2015	Dutch	PDF
Abridged model	31/12/2013	10/05/2014	23/05/2014	Dutch	PDF
Abridged model	31/12/2012	10/05/2013	07/06/2013	Dutch	PDF
Abridged model	31/12/2011	10/05/2012	06/06/2012	Dutch	PDF
Abridged model	31/12/2010	10/05/2011	30/05/2011	Dutch	PDF
Abridged model	31/12/2009	10/05/2010	27/05/2010	Dutch	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 · 1 ended

Active mandates

David Sartelet

Mandate

Active

Ended mandates

David SARTELET

Manager

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Other05/08/2025
BENAMING - DIVERSEN
PDF
Restructuring26/05/2025
BENAMING - DOEL - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Restructuring07/01/2025
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Registered office21/11/2016
MAATSCHAPPELIJKE ZETEL
PDF
Capital / shares16/09/2008
KAPITAAL - AANDELEN - DIVERSEN
PDF
Other21/03/2008
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

2025
Annual accounts 202511,3 k €↓
2024
Annual accounts 202492,1 k €↓
2024
Name changeE.M.R. BUILDING
2023
Annual accounts 2023105,9 k €↑
2022
Annual accounts 202282,9 k €↑
2021
Annual accounts 202172,7 k €↑
2021
Name changeSARTELET DAVID
2020
Annual accounts 202023,6 k €↓
2019
Annual accounts 201929 k €↓
2018
Annual accounts 201832,7 k €↑
2017
Annual accounts 201727,9 k €↑
2016
Annual accounts 201625,2 k €↓
2015
Annual accounts 201537 k €↓
2014
Annual accounts 201444,6 k €↑
2013
Annual accounts 201333,2 k €↑
2012
Annual accounts 201216,8 k €↓
2011
Annual accounts 201167,1 k €↑
2010
Annual accounts 201028,2 k €↓
2009
Annual accounts 200942,9 k €
26/02/2008
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

E.M.R. BUILDING

Overview

What does E.M.R. BUILDING do?

Trend over 17 financial years

Indicative valuation

Board of directors

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