EP Projects
ActiveEP Projects has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €89k and a net result of €36k. Equity is growing by ~44.2% per year across the filed fiscal years. Its solvency ranks better than 63% of 7760 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2025
71
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability96▼-2
Solvency80▲+4
Growth78=
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €6k at 30 days acceptable
Liquidity ample (current ratio 2.26 against 2.19 in 2024; short-term debt: 38.1% and cash: 6.4% of total assets), and 44.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
55.2%
Return on assets
22%
Age of the figures
12 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 29-04-2026, 1 day ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
1 d early
2024
on the day
2023
50 d early
2022
3 d early
2021
2 d early
2020
46 d early
2019
52 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
23-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€89k▼ 13.9%
2024 · €104k
2018: €9k
2019: €10k
2020: €20k
2021: €37k
2022: €37k
2023: €55k
2024: €104k
2018 → 2025
Total assets
€162k▼ 21.1%
2024 · €205k
2018: €92k
2019: €92k
2020: €63k
2021: €110k
2022: €110k
2023: €88k
2024: €205k
2018 → 2025
Net result
€36k▼ 26.5%
2024 · €48k
2018: €33k
2019: €1k
2020: €10k
2021: €17k
2022: €10k
2023: €18k
2024: €48k
2018 → 2025
Working capital
€78k▼ 16.3%
2024 · €93k
2018: €6k
2019: €3k
2020: €15k
2021: €27k
2022: €30k
2023: €42k
2024: €93k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€37k-€37k▲ 1.0%€55k▲ 48.0%€104k▲ 87.8%€89k▼ 13.9%
Operating result€20k-€13k▼ 36.0%€23k▲ 77.4%€60k▲ 161%€47k▼ 21.4%
Net result€17k-€10k▼ 38.6%€18k▲ 72.6%€48k▲ 171%€36k▼ 26.5%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 21% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €162k
Fixed assets
€22k▼ 34.3%
Current assets
€139k▼ 18.4%
Equity and liabilities €162k
Equity
€89k▼ 13.9%
Debt
€73k▼ 28.4%
The debt ratio falls from 49.4% to 44.8%. Equity and debt are lower.
Key figures and ratios
EBITDA
€56k▼
2024 · €69k
Cash flow
€44k▼
2024 · €57k
Solvency
55.2%▲
2024 · 50.6%
Current ratio
2.26▲
2024 · 2.19
Quick ratio
2.01▼
2024 · 2.19
Debt / equity
0.81▼
2024 · 0.98
ROE
39.9%▼
2024 · 46.8%
ROA
22.0%▼
2024 · 23.7%
Interest coverage
18.74▼
2024 · 36.96
Debt
€73k▼
2024 · €101k
Debt ≤ 1 year
€62k▼
2024 · €78k
Debt > 1 year
€11k▼
2024 · €23k
Income taxes
€10k▼
2024 · €13k
Staff costs
€32k▲
2024 · €21k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€205k€162k▼
Fixed assets21/28€34k€22k▼
Intangible fixed assets21€2k€1k▼
Tangible fixed assets22/27€32k€21k▼
Plant, machinery and equipment23€8k€10k▲
Furniture and vehicles24€24k€11k▼
Financial fixed assets28€30€30=
Current assets29/58€171k€139k▼
Stocks and contracts in progress3-€16k
Stocks30/36-€3k
Contracts in progress37-€13k
Amounts receivable within one year40/41€144k€110k▼
Trade receivables40€98k€101k▲
Other amounts receivable41€46k€9k▼
Cash at bank and in hand54/58€26k€10k▼
Deferred charges and accrued income490/1€2k€3k▲
Equity and liabilities
Total equity and liabilities10/49€205k€162k▼
Equity10/15€104k€89k▼
Contributions10/11€6k€6k=
Reserves13€97k€83k▼
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€96k€81k▼
Amounts payable17/49€101k€73k▼
Amounts payable after more than one year17€23k€11k▼
Financial debts170/4€23k€11k▼
Amounts payable within one year42/48€78k€62k▼
Current portion of amounts payable after more than one year42€13k€12k▼
Financial debts43€7k€7k▼
Credit institutions430/8€7k€7k▼
Trade debts44€13k€24k▲
Suppliers440/4€13k€24k▲
Advances received on contracts in progress46€31k-
Taxes, remuneration and social security45€14k€5k▼
Taxes450/3€5k€1k▼
Remuneration and social security454/9€9k€3k▼
Other amounts payable47/48-€14k
Income statement
Code20242025
Non-recurring operating income76A-€42
Remuneration, social security and pensions62€21k€32k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9k€9k▼
Other operating charges640/8€2k€3k▲
Non-recurring operating charges66A€410-
Gross operating margin9900€92k€91k▼
Operating profit (loss)9901€60k€47k▼
Financial income75/76B€3k€2k▼
Recurring financial income75€3k€2k▼
Financial charges65/66B€2k€3k▲
Recurring financial charges65€2k€3k▲
Profit (loss) for the period before taxes9903€61k€46k▼
Income taxes67/77€13k€10k▼
Profit (loss) for the period9904€48k€36k▼
Profit (loss) for the period to be appropriated9905€48k€36k▼
Appropriation of the result
Profit (loss) to be appropriated9906€48k€36k▼
Transfer from equity791/2-€50k
Transfer to equity691/2€48k€36k▼
To other reserves6921€48k€36k▼
Profit to be distributed694/7-€50k
Return on contributions (dividend)694-€50k
Social balance
Average headcount (FTE)90870.70.9▲
The notes to these accounts (14 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
29-04
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
30-04
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
30-09
Financial
Highest result since 2018net €48k ▲171%
Operating result €60k, net result €48k, both a record.
30-09
Financial
Equity above €100kEq €104k ▲87.8%
7 profitable years in a row build equity to €104k.
11-03
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
27-04
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
28-04
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
15-03
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
09-03
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
30-09
Financial
Weakest financial yearnet €1k ▼96.1%
Net result drops to €1k, the lowest in the series; recovery starts the following year.
25-03
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Asse · 1 establishment unit since 2017
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Neerstraat 221730 AsseGround area
335 m²
Building footprint
110 m²
Volume, LiDAR
705 m³
Parcel 23322L0349/00C003, Flanders · tallest building 11.2 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
BE2TECH
since 20172.263.976.931
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23322L0349/00C003 | Flanders | 335 m² | 1 · 110 m² | 11.2 m · 1 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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32GROUP
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Of 22,826 companies in sector 43211 we hold annual accounts for 10,328. 8,821 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded02-05-2017
Fiscal year end30-09
Activities, NACEBEL
43211General electrical installation work
Sources
Crossroads Bank for EnterprisesNational Bank · 8 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.