EP Services

Active

Private limited companyfounded 20187 yrs activeTerbermenweg 34, 3540 Herk-de-Stad, BelgiumKBO/BCE: BE 0715.415.184

The computed 12-month bankruptcy probability of EP Services is 2.2% (moderate). The 2024 annual accounts show equity of €43k and a net result of €2k. Equity is growing by ~7.2% per year across the filed fiscal years. Its solvency ranks better than 95% of 36378 sector peers (fiscal year 2024). The company has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals.

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Checked score

Score 2024

86 / 100

Excellent▼ -14 vs 2023

The score combines four axes. Every signal that weighs is under Signals.

Axes · tick = 2023

Profitability23▼-50

Solvency100=

Growth52=

Stability100

Bankruptcy probability, 12 months

2.2% Moderate

0%0.5%1.5%4%10%≥ 25%

Credit up to €4k at 30 days acceptable

Liquidity ample (current ratio 42.53 against 6.19 in 2023), and 2.2% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Four signals. The signal on the left, the evidence on the right.

+raises risk○neutral

Limited track record

This company has not been active as long as an established one and statistically fails somewhat more often.

KBO · incorporation date

Age against the risk zone

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 →

Latest accounts filed on time

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 22-07-2025, 9 days ahead of the deadline.

NBB · 6 filings

Deviation from the deadline

2025

not confirmed

2024

9 d early

2023

19 d early

2022

55 d late

2021

66 d late

2020

28 d early

2019

25 d early

← before the deadline after the deadline →

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2024, micro schema

Equity

€43k▲ 4.8%

2023 · €41k

2019: €30k 2020: €32k 2021: €37k 2022: €35k 2023: €41k

2019 → 2024

Total assets

€44k▼ 8.3%

2023 · €48k

2019: €43k 2020: €45k 2021: €49k 2022: €40k 2023: €48k

2019 → 2024

Net result

€2k▼ 67.1%

2023 · €6k

2019: €17k 2020: €2k 2021: €5k 2022: €-2k 2023: €6k

2019 → 2024

Working capital

€40k▲ 11.1%

2023 · €36k

2019: €24k 2020: €26k 2021: €26k 2022: €26k 2023: €36k

2019 → 2024

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20202021202220232024Trend

Equity€32k-€37k▲ 14.9%€35k▼ 4.9%€41k▲ 17.0%€43k▲ 4.8%

Operating result€3k-€10k▲ 232%€-521€12k€4k▼ 71.7%

Net result€2k-€5k▲ 130%€-2k€6k€2k▼ 67.1%

Turnover and EBIT margin not published: the micro schema does not require them.

Result per fiscal year

Operating resultNet result

The operating result falls in 2024; 2024 is 72% below 2023.

Balance-sheet composition

2024 in colour, 2023 as the grey bar beneath

Assets €44k

93.0%

Fixed assets €3k▼ 39.8%

Current assets €41k▼ 4.6%

Equity and liabilities €44k

97.8%

Equity €43k▲ 4.8%

Debt €953▼ 86.1%

The debt ratio falls from 14.4% to 2.2%: equity grows while debt is paid down.

Key figures and ratios

2024 value · change against 2023

EBITDA

€6k▼

2023 · €16k

Cash flow

€4k▼

2023 · €10k

Solvency

97.8%▲

2023 · 85.6%

Current ratio

42.53▲

2023 · 6.19

Quick ratio

42.53▲

2023 · 6.19

Debt / equity

0.02▼

2023 · 0.17

ROE

4.6%▼

2023 · 14.6%

ROA

4.5%▼

2023 · 12.5%

Interest coverage

5.51▼

2023 · 13.05

Debt

€953▼

2023 · €7k

Debt ≤ 1 year

€953▼

2023 · €7k

Income taxes

€3k▼

2023 · €5k

Staff costs

€-160▼

2023 · €2k

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 · 2024 against 2023

Balance sheet Code20232024

Assets

Total assets20/58€48k€44k▼

Fixed assets21/28€5k€3k▼

Tangible fixed assets22/27€5k€3k▼

Plant, machinery and equipment23€5k€3k▼

Current assets29/58€42k€41k▼

Amounts receivable within one year40/41€33k€31k▼

Trade receivables40€8k€11k▲

Other amounts receivable41€25k€20k▼

Cash at bank and in hand54/58€9k€7k▼

Deferred charges and accrued income490/1-€2k

Equity and liabilities

Total equity and liabilities10/49€48k€44k▼

Equity10/15€41k€43k▲

Contributions10/11€12k€12k=

Reserves13€5k€5k=

Non-distributable reserves130/1€1k€1k=

Reserves not available under the articles1311€1k€1k=

Distributable reserves133€4k€4k=

Profit (loss) carried forward14€23k€25k▲

Amounts payable17/49€7k€953▼

Amounts payable within one year42/48€7k€953▼

Trade debts44-€753

Suppliers440/4-€753

Taxes, remuneration and social security45€7k€200▼

Taxes450/3€7k€200▼

Income statement Code20232024

Remuneration, social security and pensions62€2k€-160▼

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€2k▼

Other operating charges640/8€456€2k▲

Gross operating margin9900€19k€7k▼

Operating profit (loss)9901€12k€4k▼

Financial income75/76B€3€3k▲

Recurring financial income75€3€949▲

Non-recurring financial income76B-€2k

Financial charges65/66B€1k€1k▼

Recurring financial charges65€1k€1k▼

Profit (loss) for the period before taxes9903€11k€5k▼

Income taxes67/77€5k€3k▼

Profit (loss) for the period9904€6k€2k▼

Profit (loss) for the period to be appropriated9905€6k€2k▼

Appropriation of the result

Profit (loss) to be appropriated9906€27k€25k▼

Profit (loss) brought forward from the previous period14P€21k€23k▲

Transfer to equity691/2€4k-

To other reserves6921€4k-

The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Download as CSV

Timeline · acts, filings and financial milestones

All 9Financial 3Filings 6

2025

22-07

NBB filing Annual accounts filed

fiscal year 2024 · micro schema

2024

31-12

Financial Liquidity times 7current ratio 42.53

Current ratio from 6.19 to 42.53; short-term debt falls from €7k to €953.

12-07

NBB filing Annual accounts filed

fiscal year 2023 · micro schema

2023

31-12

Financial Back to profitnet €6k

Net result €6k after one loss-making year.

24-09

NBB filing Annual accounts filed

fiscal year 2022 · micro schema · 55 days late

2022

31-12

Financial Weakest financial yearnet €-2k ▼138%

Net result drops to €-2k, the lowest in the series; recovery starts the following year.

05-10

NBB filing Annual accounts filed

fiscal year 2021 · micro schema · 66 days late

2021

03-07

NBB filing Annual accounts filed

fiscal year 2020 · micro schema

2020

06-07

NBB filing Annual accounts filed

fiscal year 2019 · micro schema

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

0 of 2 acts read

About the unread acts

We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors

no sitting director, last change in 2023

We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.

01-12-2023 DUBOIS Nathalie: Resigned as Vervangend zaakvoerder

01-12-2023 PAULISSEN Erwin: Resigned as Statutaire zaakvoerder

Not every act has been read: a resignation may be missing here

2 of this company's 2 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.

Location & real-estate footprint

Registered office, Herk-de-Stad · 1 establishment unit since 2018

exact location from the address register On OpenStreetMap

Ground area

1,728 m²

Building footprint

143 m²

Parcel 71024C0795/00M000, Flanders. Linked by address, not a title deed.

1 establishment unit

EP Services

Terbermenweg 34, 3540 Herk-de-StadRepair, maintenance and installation of machinery and equipment

since 20182.289.278.984