Epcon
ActiveSummary
Epcon has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €483k and a net result of €117k. Equity is growing by ~64.8% per year across the filed fiscal years. Its solvency ranks better than 68% of 1906 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability91▼-8
Solvency98▲+8
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €40k at 30 days acceptable
Liquidity ample (current ratio 5.01 against 2.5 in 2024; short-term debt: 13.2% and cash: 10.6% of total assets), and 26.5% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 63
Relative position
BE, all sectors
reference
Computing infrastructure, data processing, hosting and other information service activities (NACE 63)
about 52% fewer bankruptcies
← 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
73.5%
Return on assets
17.8%
Age of the figures
9 mo
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 18-03-2026, 135 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
135 d early
2024
106 d early
2023
71 d early
2022
60 d early
2021
80 d early
2020
30 d early
2019
75 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
26-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit simulator What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file What other support did companies like this one receive, and it did not?Subsidy mirror How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
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Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, micro schema
Equity
€483k▲ 32.0%
2024 · €366k
Total assets
€657k▲ 16.4%
2024 · €565k
Net result
€117k▼ 14.5%
2024 · €137k
Working capital
€348k▲ 46.6%
2024 · €238k
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€-53k€28€-25k€140k€137k▼ 2.2%
Net result€-50k€-1k▲ 97.9%€-33k▼ 3,028%€137k€117k▼ 14.5%
Equity€251k▲ 947%€250k▼ 0.4%€222k▼ 11.0%€366k▲ 64.8%€483k▲ 32.0%
Total assets€315k▲ 204%€321k▲ 2.2%€277k▼ 13.8%€565k▲ 104%€657k▲ 16.4%
Debt€64k▼ 19.6%€72k▲ 12.5%€55k▼ 23.4%€199k▲ 261%€174k▼ 12.3%
Working capital€252k▲ 741%€230k▼ 8.6%€147k▼ 36.1%€238k▲ 61.6%€348k▲ 46.6%
Staff (FTE)1.9▲ 90.0%2▲ 5.3%2=2=1.7▼ 15.0%
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 2025; 2025 is 2% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €657k
Fixed assets
€222k ▲ 31.7%
Current assets
€435k ▲ 9.9%
Equity and liabilities €657k
Equity
€483k ▲ 32.0%
Debt
€174k ▼ 12.3%
Debt's share of the balance-sheet total falls from 35.2% to 26.5%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€206k▲
2024 · €174k
Cash flow
€186k▲
2024 · €171k
Current ratio
5.01▲
2024 · 2.50
Debt to equity
0.36▼
2024 · 0.54
ROE
24.2%▼
2024 · 37.4%
ROA
17.8%▼
2024 · 24.3%
Interest coverage
9.51▼
2024 · 27.24
Debt ≤ 1 year
€87k▼
2024 · €158k
Income taxes
€210▲
2024 · €5
Staff costs
€112k▲
2024 · €99k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €86k | €98k | €123k | €99k | €112k | ▲ 12.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €28k | €26k | €21k | €34k | €69k | ▲ 103% |
| Other operating charges640/8 | €449 | €2k | €6k | €565 | €520 | ▼ 8.1% |
| Gross operating margin9900 | €61k | €127k | €124k | €274k | €318k | ▲ 16.0% |
| Operating profit (loss)9901 | €-53k | €28 | €-25k | €140k | €137k | ▼ 2.2% |
| Financial income75/76B | €4k | €2k | €562 | €3k | €2k | ▼ 38.7% |
| Recurring financial income75 | €4k | €2k | €562 | €3k | €2k | ▼ 38.7% |
| Financial charges65/66B | €1k | €3k | €8k | €6k | €22k | ▲ 239% |
| Recurring financial charges65 | €1k | €3k | €8k | €6k | €22k | ▲ 239% |
| Profit (loss) for the period before taxes9903 | €-50k | €-1k | €-33k | €137k | €117k | ▼ 14.3% |
| Income taxes67/77 | - | - | - | €5 | €210 | ▲ 4,097% |
| Profit (loss) for the period9904 | €-50k | €-1k | €-33k | €137k | €117k | ▼ 14.5% |
| Profit (loss) for the period to be appropriated9905 | €-50k | €-1k | €-33k | €137k | €117k | ▼ 14.5% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €315k | €321k | €277k | €565k | €657k | ▲ 16.4% |
| Fixed assets21/28 | €39k | €47k | €88k | €169k | €222k | ▲ 31.7% |
| Intangible fixed assets21 | €38k | €41k | €88k | €163k | €215k | ▲ 32.4% |
| Tangible fixed assets22/27 | €523 | €5k | €0 | €2k | €920 | ▼ 40.8% |
| Plant, machinery and equipment23 | €523 | €248 | €0 | €2k | €920 | ▼ 40.8% |
| Assets under construction and advance payments27 | - | €5k | €0 | - | - | - |
| Financial fixed assets28 | - | - | - | €5k | €6k | ▲ 33.1% |
| Current assets29/58 | €276k | €275k | €189k | €396k | €435k | ▲ 9.9% |
| Amounts receivable within one year40/41 | €82k | €131k | €70k | €326k | €364k | ▲ 11.6% |
| Trade receivables40 | €67k | €105k | €43k | €305k | €350k | ▲ 14.8% |
| Other amounts receivable41 | €14k | €26k | €27k | €21k | €14k | ▼ 32.6% |
| Cash at bank and in hand54/58 | €193k | €143k | €117k | €54k | €70k | ▲ 28.3% |
| Deferred charges and accrued income490/1 | €961 | €903 | €2k | €15k | €1k | ▼ 92.4% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €315k | €321k | €277k | €565k | €657k | ▲ 16.4% |
| Equity10/15 | €251k | €250k | €222k | €366k | €483k | ▲ 32.0% |
| Contributions10/11 | €333k | €333k | €339k | €346k | €346k | = |
| Profit (loss) carried forward14 | €-83k | €-84k | €-117k | €20k | €137k | ▲ 579% |
| Amounts payable17/49 | €64k | €72k | €55k | €199k | €174k | ▼ 12.3% |
| Amounts payable after more than one year17 | €40k | €27k | €13k | €0 | - | - |
| Financial debts170/4 | €40k | €27k | €13k | €0 | - | - |
| Amounts payable within one year42/48 | €24k | €45k | €42k | €158k | €87k | ▼ 45.2% |
| Current portion of amounts payable after more than one year42 | - | €13k | €13k | €13k | €0 | ▼ 100% |
| Financial debts43 | - | - | - | €3k | €0 | ▼ 100% |
| Credit institutions430/8 | - | - | - | €3k | €0 | ▼ 100% |
| Trade debts44 | €13k | €19k | €12k | €128k | €67k | ▼ 47.6% |
| Suppliers440/4 | €13k | €19k | €12k | €128k | €67k | ▼ 47.6% |
| Taxes, remuneration and social security45 | €11k | €13k | €15k | €13k | €14k | ▲ 3.0% |
| Taxes450/3 | - | - | - | €5 | €215 | ▲ 4,197% |
| Remuneration and social security454/9 | €11k | €13k | €15k | €13k | €13k | ▲ 1.4% |
| Other amounts payable47/48 | - | - | €721 | €629 | €6k | ▲ 894% |
| Accrued charges and deferred income492/3 | - | €400 | €0 | €40k | €87k | ▲ 116% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-50k | €-1k | €-33k | €137k | €117k | ▼ 14.5% |
| + Depreciation and write-downs630 | €28k | €26k | €21k | €34k | €69k | ▲ 103% |
| Operating cash flow (approximation) | €-22k | €25k | €-12k | €171k | €186k | ▲ 8.8% |
| Investment in fixed assets (approximation) | - | €-34k | €-63k | €-114k | €-122k | ▼ 7.1% |
| Change in cash | - | €-50k | €-26k | €-62k | €15k | ▲ 125% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
18-03
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Liquidity doublescurrent ratio 5.01
Current ratio from 2.50 to 5.01; short-term debt falls from €158k to €87k.
16-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €137k
Net result €137k after 3 loss-making years.
21-05
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
01-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
12-05
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Weakest financial yearnet €-50k
Net result drops to €-50k, the lowest in the series; recovery starts the following year.
31-12
Financial
Liquidity times 7current ratio 11.54
Current ratio from 1.76 to 11.54; short-term debt falls from €39k to €24k.
31-12
Financial
Equity above €200kEq €251k ▲947%
Equity rises from €24k to €251k.
01-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Back to profitnet €9k
Net result €9k after one loss-making year.
14-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 75 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
4 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, Antwerpen · 1 establishment unit since 2018
Ground area
215 m²
Building footprint
96 m²
Volume, LiDAR
740 m³
Parcel 11813N0722/00W006, Flanders · tallest building 11.2 m, ±3 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
Epcon
since 20182.280.436.445
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11813N0722/00W006 | Flanders | 215 m² | 1 · 96 m² | 11.2 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 8 entries · 141,603 EUR awarded · 141,603 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 3 | -17,130 EUR | 13,012 EUR |
| 2024 | 1 | 3,750 EUR | 3,750 EUR |
| 2023 | 3 | 4,841 EUR | 124,841 EUR |
| 2022 | 1 | 150,142 EUR | 0 EUR |
European Union, budget
2023 · 2 entries · 280,109 EUR in total| Year | Entries | awarded |
|---|---|---|
| 2023 | 2 | 280,109 EUR |
Projects
DECIPHER - DECENTRALIZED MICROFLUIDIC IN VITRO DIAGNOSTIC PATCH FOR PANDEMIC CONTROL
European research
1 project · 280,109 EUR EU contributionProgrammes
Projects
Decentralized microfluidic in vitro diagnostic patch for pandemic control
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Of 2,727 companies in sector 63100 we hold annual accounts for 1,271. 816 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded24-08-2018
Fiscal year end31-12
Activities, NACEBEL 2025
63100Computing infrastructure, data processing, hosting and related activities
Scores and ratios are computed by Checked and are not a credit decision.