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EPG

Active
Public limited companyfounded 200817 yrs activeDiepenbekerweg 65, 3500 Hasselt, BelgiumKBO/BCE: BE 0808.625.751
Summary

EPG has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €15.3m and a net result of -€18,540. Equity is growing by ~4.5% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.8% (low).

Checked score

Score 2024
Axes · tick = 2023
Profitability37=
Solvency93=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.8% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €800,000 at 30 days acceptable
cash: 0% of total assets, and 31.7% 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
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 17 years 0 20 y
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 24-07-2025, 7 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
7 d early
2023
14 d early
2022
32 d early
2021
53 d early
2020
45 d early
2019
31 d early
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 6 accounts on average 30 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Checked, nothing found (1)
neutral · 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

History

On 18 December 2008, EPG was incorporated.1 Total assets went from EUR 22 million in 2018 to EUR 22 million in 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2024

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Financials · fiscal year 2024, abbreviated schema

Equity
€15.3m▼ 0.1%
2023 · €15.3m
Total assets
€22.4m=
2023 · €22.4m
Net result
-€18,540▼ 48.7%
2023 · -€12,471
Working capital
€699▼ 98.6%
2021 · €48,491
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
Line20202021202220232024
Operating result-€5,440▲ 3.9%-€6,072▼ 11.6%-€5,269▲ 13.2%-€5,048▲ 4.2%-€6,768▼ 34.1%
Net result-€70,825▼ 10.3%€3.6m-€7,583-€12,471▼ 64.5%-€18,540▼ 48.7%
Equity€11.8m▼ 0.6%€15.4m▲ 30.3%€15.4m=€15.3m▼ 0.1%€15.3m▼ 0.1%
Total assets€22.4m=€22.5m▲ 0.2%€22.4m▼ 0.2%€22.4m=€22.4m=
Debt€10.6m▲ 0.7%€7.1m▼ 33.1%€7.1m▼ 0.6%€7.1m▲ 0.2%€7.1m▲ 0.3%
Working capital€72▼ 35.5%€48,491▲ 66,821%€699▼ 98.6%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
-€1.0m€0€1.0m€2.0m€3.0m€4.0mOperating result 2020: -€5,440-€5,440Net result 2020: -€70,825-€70,825Operating result 2021: -€6,072-€6,072Net result 2021: €3.6m€3.6mOperating result 2022: -€5,269-€5,269Net result 2022: -€7,583-€7,583Operating result 2023: -€5,048-€5,048Net result 2023: -€12,471-€12,471Operating result 2024: -€6,768-€6,768Net result 2024: -€18,540-€18,54020202021202220232024-€20,000-€15,000-€10,000-€5,000€0Operating result 2022: -€5,269-€5,270Net result 2022: -€7,583-€7,580Operating result 2023: -€5,048-€5,050Net result 2023: -€12,471-€12,500Operating result 2024: -€6,768-€6,770Net result 2024: -€18,540-€18,500202220232024
The operating result stays negative: a loss of €6,768 in 2024 against €5,048 in 2023; the loss grows and 2024 has the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €22.4m
Fixed assets €22.4m =
Current assets €349 ▲ 70.6%
Equity and liabilities €22.4m
Equity €15.3m ▼ 0.1%
Debt €7.1m ▲ 0.3%
Debt's share of the balance-sheet total rises from 31.6% to 31.7%. Equity is lower and debt is higher.
Key figures and ratios
2024 value · change against 2023
Debt to equity
0.46▲
2023 · 0.46
ROE
-0.1%▼
2023 · -0.1%
ROA
-0.1%▼
2023 · -0.1%
Debt > 1 year
€7.1m▲
2023 · €7.1m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2024 against 2023 · 27 lines
Balance sheet Code20232024
Assets
Total assets20/58€22.4m€22.4m=
Fixed assets21/28€22.4m€22.4m=
Financial fixed assets28€22.4m€22.4m=
Current assets29/58€204€349▲
Cash at bank and in hand54/58€204€349▲
Equity and liabilities
Total equity and liabilities10/49€22.4m€22.4m=
Equity10/15€15.3m€15.3m▼
Contributions10/11€12.4m€12.4m=
Capital10€12.4m€12.4m=
Issued capital100€12.4m€12.4m=
Reserves13€2.9m€2.9m▼
Non-distributable reserves130/1€147,104€147,104=
Legal reserve130€147,104€147,104=
Distributable reserves133€2.8m€2.8m▼
Amounts payable17/49€7.1m€7.1m▲
Amounts payable after more than one year17€7.1m€7.1m▲
Other amounts payable178/9€7.1m€7.1m▲
Income statement Code20232024
Other operating charges640/8€1,234€2,163▲
Gross operating margin9900-€3,814-€4,604▼
Operating profit (loss)9901-€5,048-€6,768▼
Financial charges65/66B€7,423€11,772▲
Recurring financial charges65€7,423€11,772▲
Profit (loss) for the period before taxes9903-€12,471-€18,540▼
Profit (loss) for the period9904-€12,471-€18,540▼
Profit (loss) for the period to be appropriated9905-€12,471-€18,540▼
Appropriation of the result
Profit (loss) to be appropriated9906-€12,471-€18,540▼
Transfer from equity791/2€12,471€18,540▲

The notes to these accounts (2 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20202021202220232024Change
Other operating charges640/8-€930€930€1,234€2,163▲ 75.3%
Gross operating margin9900-€4,510-€5,142-€4,339-€3,814-€4,604▼ 20.7%
Operating profit (loss)9901-€5,440-€6,072-€5,269-€5,048-€6,768▼ 34.1%
Financial income75/76B-€3.6m----
Recurring financial income75€0€3.6m----
Financial charges65/66B-€29,805€2,314€7,423€11,772▲ 58.6%
Recurring financial charges65€65,386€29,805€2,314€7,423€11,772▲ 58.6%
Profit (loss) for the period before taxes9903-€70,825€3.6m-€7,583-€12,471-€18,540▼ 48.7%
Profit (loss) for the period9904-€70,825€3.6m-€7,583-€12,471-€18,540▼ 48.7%
Profit (loss) for the period to be appropriated9905-€70,825€3.6m-€7,583-€12,471-€18,540▼ 48.7%
Line20202021202220232024Change
Assets
Total assets20/58€22.4m€22.5m€22.4m€22.4m€22.4m=
Fixed assets21/28€22.4m€22.4m€22.4m€22.4m€22.4m=
Financial fixed assets28€22.4m€22.4m€22.4m€22.4m€22.4m=
Current assets29/58€134€49,589€1,010€204€349▲ 70.6%
Amounts receivable within one year40/41-€49,555----
Other amounts receivable41-€49,555----
Cash at bank and in hand54/58€134€34€1,010€204€349▲ 70.6%
Equity and liabilities
Total equity and liabilities10/49€22.4m€22.5m€22.4m€22.4m€22.4m=
Equity10/15€11.8m€15.4m€15.4m€15.3m€15.3m▼ 0.1%
Contributions10/11€12.4m€12.4m€12.4m€12.4m€12.4m=
Capital10-€12.4m€12.4m€12.4m€12.4m=
Issued capital100-€12.4m€12.4m€12.4m€12.4m=
Reserves13-€2.9m€2.9m€2.9m€2.9m▼ 0.6%
Non-distributable reserves130/1-€147,104€147,104€147,104€147,104=
Legal reserve130-€147,104€147,104€147,104€147,104=
Distributable reserves133-€2.8m€2.8m€2.8m€2.8m▼ 0.7%
Profit (loss) carried forward14-€631,670-----
Amounts payable17/49€10.6m€7.1m€7.1m€7.1m€7.1m▲ 0.3%
Amounts payable after more than one year17€10.6m€7.1m€7.1m€7.1m€7.1m▲ 0.3%
Other amounts payable178/9-€7.1m€7.1m€7.1m€7.1m▲ 0.3%
Amounts payable within one year42/48€62€1,098€312---
Trade debts44€62€1,098€312---
Suppliers440/4-€1,098€312---
Accrued charges and deferred income492/3-€36----
Line20202021202220232024Change
Profit (loss) for the period9904-€70,825€3.6m-€7,583-€12,471-€18,540▼ 48.7%
Operating cash flow (approximation)-€70,825€3.6m-€7,583-€12,471-€18,540▼ 48.7%
Investment in fixed assets (approximation)-€0€0€0€0-
Change in cash--€100€976-€806€144▲ 118%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2025
24-07
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
17-07
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
29-06
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
08-06
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial Back to profitnet €3.6m
Net result €3.6m after 3 loss-making years.
31-12
Financial Liquidity times 21current ratio 45.17
Current ratio from 2.17 to 45.17.
16-06
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial Weakest financial yearnet -€70,825
Net result drops to -€70,825, the lowest in the series; recovery starts the following year.
30-06
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial Liquidity doublescurrent ratio 1.44
Current ratio from 0.59 to 1.44; short-term debt falls from €538 to €253.
09-07
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
24-07
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
29-06
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
29-06
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema
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, Hasselt · 1 establishment unit since 2008
seat establishment The establishment unit on the map
Ground area
1.0 ha
Building footprint
1,916 m²
Volume, LiDAR
14,389 m³
Parcel 71328D0841/00D000, Flanders · tallest building 22.5 m, ±2 floors. Linked by address, not a title deed.
23 companies at this address See who is registered here
1 establishment unit
EPG
Diepenbekerweg 65, 3500 HasseltRenting and operating of own or leased residential real estate, excluding social housing
since 20082.224.468.336
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
71328D0841/00D000 Flanders 1.0 ha 1 · 1,916 m² 22.5 m · 2 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.

Structure & network

Owners and holdings

1 holding

Owners 0

The accounts to 31-12-2024 list no shareholders, and no other source names one.

Holdings 1

According to the 2024 annual accounts of EPG and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

No current directors or connected companies found in the register.

Identification & contact

Identification
Legal formPublic limited company
Founded18-12-2008
Fiscal year end31-12
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

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Register as of 27 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.