Epcon
Annual accounts 2025
micro format, filed on 18-03-2026, 135 days before the deadlineTurnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €640,000. Estimated: probably between €440,000 and €930,000.
Balance sheet
balance sheet total €657,161 on 31-12-2025in euro
in euro
Position in the sector
73.5%
Higher than 69% of 2,302 companies in 2025.
5.01
Higher than 77% of 2,199 companies in 2025.
17.8%
Higher than 56% of 2,233 companies in 2025.
Net result: top quarter · Equity: top quarter · Balance sheet total: top quarter · Working capital: top quarter
Staff
€65,589
Staff costs divided by the average number of full-time equivalents.
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||||
20/58 |
657,161 | 564,601 | 277,065 | 321,457 | 314,506 | 103,389 | 20,384 | |
21/28 |
222,185 | 168,701 | 88,368 | 46,738 | 38,985 | 34,025 | 7,637 | |
21 |
215,151 | 162,553 | 88,368 | 41,380 | 38,462 | 33,226 | 7,637 | |
22/27 |
920 | 1,553 | 0 | 5,358 | 523 | 799 | - | |
23 |
920 | 1,553 | 0 | 248 | 523 | 799 | - | |
27 |
- | - | 0 | 5,110 | - | - | - | |
28 |
6,114 | 4,595 | - | - | - | - | - | |
29/58 |
434,976 | 395,899 | 188,697 | 274,719 | 275,521 | 69,364 | 12,748 | |
40/41 |
364,142 | 326,167 | 70,304 | 130,742 | 81,555 | 3,435 | 8,095 | |
40 |
349,701 | 304,737 | 43,099 | 104,873 | 67,498 | 0 | 4,926 | |
41 |
14,441 | 21,430 | 27,204 | 25,869 | 14,057 | 3,435 | 3,170 | |
54/58 |
69,662 | 54,306 | 116,699 | 143,073 | 193,005 | 65,681 | 3,044 | |
490/1 |
1,172 | 15,426 | 1,694 | 903 | 961 | 248 | 1,608 | |
| Balance sheet: equity and liabilities | ||||||||
10/49 |
657,161 | 564,601 | 277,065 | 321,457 | 314,506 | 103,389 | 20,384 | |
10/15 |
482,910 | 365,812 | 222,019 | 249,572 | 250,630 | 23,947 | 15,436 | |
10/11 |
345,600 | 345,600 | 338,723 | 333,200 | 333,200 | 56,200 | 7,387 | |
100 |
- | - | - | - | - | - | 19,787 | |
101 |
- | - | - | - | - | - | 12,400 | |
11 |
- | - | - | - | - | - | 48,813 | |
1100/10 |
- | - | - | - | - | - | 48,813 | |
14 |
137,310 | 20,212 | -116,704 | -83,628 | -82,570 | -32,253 | -40,764 | |
17/49 |
174,251 | 198,789 | 55,046 | 71,884 | 63,876 | 79,442 | 4,948 | |
17 |
- | 0 | 13,333 | 26,667 | 40,000 | 40,000 | - | |
170/4 |
- | 0 | 13,333 | 26,667 | 40,000 | 40,000 | - | |
42/48 |
86,858 | 158,358 | 41,712 | 44,818 | 23,876 | 39,442 | 4,948 | |
42 |
0 | 13,333 | 13,333 | 13,333 | - | - | - | |
43 |
0 | 3,182 | - | - | - | - | - | |
430/8 |
0 | 3,182 | - | - | - | - | - | |
44 |
67,036 | 128,039 | 12,168 | 18,554 | 12,884 | 38,093 | 4,948 | |
440/4 |
67,036 | 128,039 | 12,168 | 18,554 | 12,884 | 38,093 | 4,948 | |
45 |
13,569 | 13,175 | 15,490 | 12,931 | 10,992 | 1,350 | - | |
450/3 |
215 | 5 | - | - | - | - | - | |
454/9 |
13,355 | 13,170 | 15,490 | 12,931 | 10,992 | 1,350 | - | |
47/48 |
6,253 | 629 | 721 | - | - | - | - | |
492/3 |
87,393 | 40,431 | 0 | 400 | - | - | - | |
| Income statement | ||||||||
9900 |
317,681 | 273,745 | 124,358 | 126,615 | 61,424 | 36,087 | -34,348 | |
62 |
111,500 | 99,354 | 122,997 | 98,472 | 86,044 | 9,310 | - | |
630 |
68,798 | 33,893 | 20,964 | 26,417 | 28,124 | 19,780 | 6,279 | |
640/8 |
520 | 565 | 5,603 | 1,697 | 449 | 695 | 793 | |
9901 |
136,862 | 139,933 | -25,205 | 28 | -53,193 | 6,302 | -41,420 | |
75/76B |
2,066 | 3,370 | 562 | 2,313 | 4,324 | 3,521 | 812 | |
75 |
2,066 | 3,370 | 562 | 2,313 | 4,324 | 3,521 | 812 | |
65/66B |
21,620 | 6,382 | 8,433 | 3,399 | 1,448 | 1,313 | 156 | |
65 |
21,620 | 6,382 | 8,433 | 3,399 | 1,448 | 1,313 | 156 | |
9903 |
117,308 | 136,921 | -33,077 | -1,057 | -50,317 | 8,510 | -40,764 | |
67/77 |
210 | 5 | - | - | - | - | - | |
9904 |
117,098 | 136,916 | -33,077 | -1,057 | -50,317 | 8,510 | -40,764 | |
9905 |
117,098 | 136,916 | -33,077 | -1,057 | -50,317 | 8,510 | -40,764 | |
| Appropriation of the result | ||||||||
9906 |
137,310 | 20,212 | -116,704 | -83,628 | -82,570 | -32,253 | -40,764 | |
14P |
20,212 | -116,704 | -83,628 | -82,570 | -32,253 | - | - | |
| Social balance sheet | ||||||||
9087 |
1.7 | 2 | 2 | 2 | 1.9 | 1 | - | |
Hours worked1013 |
2,545 | 3,306 | 3,306 | 3,450 | 3,443 | 486 | - | |
| Document | ||||||||
The notes to these accounts have 13 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).
Source: Annual accounts 2025 (PDF), filed on 18-03-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 18-03-2026 | 2026-00056131 | |
| 31-12-2024 | micro format | 16-04-2025 | 2025-00070291 | |
| 31-12-2023 | micro format | 21-05-2024 | 2024-00091522 | |
| 31-12-2022 | micro format | 01-06-2023 | 2023-00102519 | |
| 31-12-2021 | micro format | 12-05-2022 | 2022-20026154 | |
| 31-12-2020 | micro format | 01-07-2021 | 2021-28800138 | |
| 31-12-2019 | micro format | 14-10-2020 | 2020-61300587 |
Subsidies and aid
Flemish government 2022 to 2025, 8 entries, €141,603 awarded, €141,603 paid
| Year | Entries | Awarded | Paid |
|---|---|---|---|
| 2025 | 3 | -€17,130 | €13,012 |
| 2024 | 1 | €3,750 | €3,750 |
| 2023 | 3 | €4,841 | €124,841 |
| 2022 | 1 | €150,142 | €0 |
European Union 2023, 2 entries, €280,109 in total
European research 1 project, €280,109 EU contribution
Projects
- Decentralized microfluidic in vitro diagnostic patch for pandemic controlHorizon Europe, participant, 01-01-2024 to 31-12-2027, €280,109, DECIPHER
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
| 205,661 | 173,826 | -4,242 | 26,446 | -25,068 | 26,082 | -35,141 | ||
| 185,897 | 170,809 | -12,113 | 25,360 | -22,192 | 28,290 | -34,484 | ||
| 122,282 | 114,226 | 67,703 | 34,170 | 33,085 | 46,167 | 13,916 | ||
| 15,356 | -62,393 | -26,374 | -49,931 | 127,323 | 62,637 | - | ||
| 348,118 | 237,542 | 146,984 | 229,901 | 251,645 | 29,922 | 7,800 | ||
| 73.5% | 64.8% | 80.1% | 77.6% | 79.7% | 23.2% | 75.7% | ||
| 5.01 | 2.50 | 4.52 | 6.13 | 11.54 | 1.76 | 2.58 | ||
| 0.36 | 0.54 | 0.25 | 0.29 | 0.25 | 3.32 | 0.32 | ||
| 24.2% | 37.4% | -14.9% | -0.4% | -20.1% | 35.5% | -264.1% | ||
| 17.8% | 24.3% | -11.9% | -0.3% | -16.0% | 8.2% | -200.0% | ||
| 9.51 | 27.24 | -0.50 | 7.78 | -17.31 | - | - |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Social balance sheet
| Item | 31-12-2025 | 31-12-2024 | 31-12-2023 | 31-12-2022 | 31-12-2021 |
|---|---|---|---|---|---|
| Employees at the balance-sheet date | 2 | 2 | 2 | 2 | 2 |
| full-time | 1 | 2 | 2 | 2 | 2 |
| part-time | 1 | 0 | 0 | 0 | 0 |
| in full-time equivalents | 1.6 | 2 | 2 | 2 | 2 |
| 1.7 | 2 | 2 | 2 | 1.9 | |
| On a permanent contract | 2 | 2 | 2 | 2 | 2 |
| Joined | - | 0 | 0 | - | 1 |
| Left | - | 0 | 0 | - | 0 |
| Training hours | - | 0 | 0 | 78 | - |
Source: social balance sheet in the 2021 to 2025 annual accounts
Investments
fixed assets acquired| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | - | €1,900 | - | €5,110 | - |
| Intangible fixed assets | €120,763 | €107,731 | €67,703 | €29,061 | €33,085 |
| Financial fixed assets | €1,519 | €4,595 | - | - | - |
| €68,798 | €33,893 | €20,964 | €26,417 | €28,124 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Insights on Epcon
The operating result for 2025 is 2% lower than in 2024.
Debt's share of the balance-sheet total falls from 35.2% to 26.5%. Equity is higher and debt is lower.
- 2021 Equity +947%, Total assets +204% on 2020. Capital increase of €277,000 (Official Gazette 13-12-2021).