ACTIVE

EMDYN

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Financial year 2025 · closed on 31/12/2025
Net result
202 k €
-69.1% YoY
Gross margin
950,3 k €
-26.9% YoY
Equity
1,3 M €
+18.7% YoY
Workforce
0,8 ETP

What does EMDYN do?

EMDYN is a Private limited company incorporated in 2008. Its main activity is: Other software publishing. Its registered office is in Gent. It employs on average 0,8 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0897.565.942
Incorporation
25/04/2008
Legal form
Private limited company
Registered office
Gaston Crommenlaan 8
9050 Gent · FlandreSee on map
Contributed capital
33 862,00 €
Latest accounts
31/12/2025
Average workforce
0,8 ETP
Activities (NACE)
58290Other software publishing· main70200Management consultancy activities70220Business and other management consultancy activities
Signals
ProfitableSolid equityLow riskPositive cashflowPositive EBITDA
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 13 financial years

2025202420232022201920182016201520132012201120102009
Income statement
Gross margin950,3 k €1,3 M €708,4 k €331,6 k €56,1 k €109,1 k €39,3 k €55,8 k €29,4 k €32,6 k €59,9 k €39,7 k €16,3 k €
EBITDA888,3 k €1,4 M €784,7 k €312,3 k €50,2 k €105,9 k €36,5 k €54,1 k €28,2 k €31,3 k €58,4 k €37,1 k €16,2 k €
Operating result266,1 k €968,8 k €447,7 k €213,8 k €16,3 k €36,4 k €15,2 k €19,8 k €5,6 k €-4,7 k €20,7 k €6,2 k €-869,7 €
Net result202 k €653,9 k €270 k €143,2 k €1,1 k €13,1 k €2,7 k €14,2 k €463,7 €-11 k €9 k €-4 k €-2,9 k €
Balance sheet
Equity1,3 M €1,1 M €425,9 k €155,8 k €56,5 k €55,4 k €42,3 k €18,2 k €4 k €3,5 k €14,6 k €5,6 k €9,6 k €
Total assets2,4 M €3,1 M €2,6 M €1 M €602,4 k €305 k €244,2 k €236,2 k €192,6 k €225,7 k €230,9 k €220,6 k €42 k €
Cash295 k €30,8 k €778,7 €77,4 k €2 k €–5,5 k €2,7 k €6,9 k €2,6 k €227,6 €6,9 k €5,8 k €
Debts1,2 M €2 M €2,2 M €844,8 k €545,9 k €249,6 k €199 k €212,4 k €188,6 k €222,2 k €214,5 k €213,7 k €32 k €
Other
Workforce0,8 ETP0,0 ETP0,0 ETP––––––––––
Estimate

Indicative valuation

As an indication, this company is worth

between 5 M€ and 10 M€
See the valuation
Governance

Board of directors

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

Active mandates

TVR Group

Director · 0678.913.292

Represented by Tim VAN RENTERGHEM

Active

Ended mandates

TVR Group

Director · since 20 avril 2021 · 0678.913.292

Represented by Tim VAN RENTERGHEM

Ended
TVR Group

Director · since 15 septembre 2017 · 0678.913.292

Represented by Tim Van Renterghem

Ended
TVR Group

Manager · since 15 septembre 2017 · 0678.913.292

Represented by Tim Van Renterghem

Ended
TAMARA DE CALUWE

Director · since 28 septembre 2016

Ended
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Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/07/202201/07/202101/07/202001/07/2019
Closing of the financial year31/12/202531/12/202431/12/202330/06/202230/06/202130/06/2020
Length of the financial year12 months12 months18 months12 months12 months12 months
Filing date29/07/202603/07/202520/03/202407/10/202225/02/202226/02/2021
General meeting30/06/202627/06/202515/03/202406/10/202231/12/202131/12/2020
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

15 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202530/06/202629/07/2026DutchPDF
Abridged model31/12/202427/06/202503/07/2025DutchPDF
Abridged model31/12/202315/03/202420/03/2024DutchPDF
Abridged model30/06/202206/10/202207/10/2022DutchPDF
Abridged model30/06/202131/12/202125/02/2022DutchPDF
Abridged model30/06/202031/12/202026/02/2021DutchPDF
Abridged model30/06/201906/12/201906/01/2020DutchPDF
Micro model30/06/201831/12/201825/01/2019DutchPDF
Abridged model30/09/201625/03/201728/03/2017DutchPDF
Abridged model30/09/201527/03/201631/03/2016DutchPDF
Abridged model31/12/201331/03/201418/04/2014DutchPDF
Abridged model31/12/201201/06/201330/08/2013DutchPDF
Abridged model31/12/201101/06/201228/06/2012DutchPDF
Abridged model31/12/201001/06/201127/06/2011DutchPDF
Abridged model31/12/200915/06/201008/07/2010DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 5 M€ and 10 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

TVR Group

Director · 0678.913.292

Represented by Tim VAN RENTERGHEM

Active

Ended mandates

TVR Group

Director · since 20 avril 2021 · 0678.913.292

Represented by Tim VAN RENTERGHEM

Ended
TVR Group

Director · since 15 septembre 2017 · 0678.913.292

Represented by Tim Van Renterghem

Ended
TVR Group

Manager · since 15 septembre 2017 · 0678.913.292

Represented by Tim Van Renterghem

Ended
TAMARA DE CALUWE

Director · since 28 septembre 2016

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Other31/05/2023
    BENAMING - ALGEMENE VERGADERING - BOEKJAAR
    PDF
  • Mandates28/04/2021
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - DOEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office05/02/2020
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Registered office27/11/2017
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Other29/09/2017
    BOEKJAAR
    PDF
  • Registered office13/10/2016
    MAATSCHAPPELIJKE ZETEL - KAPITAAL - AANDELEN
    PDF
  • Other27/05/2016
    BENAMING - DOEL
    PDF
  • Mandates15/04/2014
    BENAMING - ONTSLAGEN - BENOEMINGEN - BOEKJAAR
    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 2025202 k €↓
  2. 2024
    Annual accounts 2024653,9 k €↑
  3. 2023
    Annual accounts 2023270 k €↑
  4. 2023
    Name changeEMDYN BV
  5. 2022
    Annual accounts 2022143,2 k €↑
  6. 2019
    Annual accounts 20191,1 k €↓
  7. 2018
    Annual accounts 201813,1 k €↑
  8. 2016
    Annual accounts 20162,7 k €↓
  9. 2015
    Annual accounts 201514,2 k €↑
  10. 2013
    Annual accounts 2013463,7 €↑
  11. 2013
    Name changeEMERGING DYNAMICS BV
  12. 2012
    Annual accounts 2012-11 k €↓
  13. 2011
    Annual accounts 20119 k €↑
  14. 2010
    Annual accounts 2010-4 k €↓
  15. 2009
    Annual accounts 2009-2,9 k €
  16. 2009
    Name changeVibe Productions
  17. 25/04/2008
    IncorporationPrivate limited company