EPI
ActiveEPI has been active since 1986 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €124k and a net result of €-9k. Equity is shrinking by ~4.2% per year across the filed fiscal years. Its solvency ranks better than 43% of 545 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is < 0.1% (very low).
Checked score
Score 2024
65
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability65=
Solvency63▼-7
Growth32=
Track record100
Bankruptcy probability, 12 months
< 0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €8k at 30 days acceptable
Liquidity ample (current ratio 1.51 against 1.54 in 2023; short-term debt: 58.9% and cash: 1.8% of total assets), but 62% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight 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 85
Relative position
BE, all sectors
reference
Sector 85
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
38%
Return on assets
-2.7%
Age of the figures
21 mo
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024Net result per financial year
18192021222324
2018 to 2024 · latest year €-9k
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 14-04-2025, 108 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
108 d early
2023
35 d early
2022
17 d late
2021
52 d late
2020
23 d late
2019
69 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-9k▲ 0.2%
2023 · €-9k
2018: €-7k
2019: €-27k
2020: €616
2021: €-5k
2022: €-2k
2023: €-9k
2018 → 2024
Working capital
€98k▲ 17.9%
2023 · €83k
2018: €143k
2019: €110k
2020: €163k
2021: €96k
2022: €80k
2023: €83k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€148k-€143k▼ 3.4%€141k▼ 1.1%€133k▼ 6.2%€124k▼ 6.6%
Operating result€1k-€-4k€-596▲ 85.8%€-8k▼ 1,239%€-8k=
Net result€616-€-5k€-2k▲ 69.6%€-9k▼ 477%€-9k▲ 0.2%
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €8k in 2024 against €8k in 2023; the loss shrinks.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €326k
Fixed assets
€36k▼ 39.8%
Current assets
€291k▲ 22.0%
Equity and liabilities €326k
Equity
€124k▼ 6.6%
Provisions
€10k=
Debt
€192k▲ 24.2%
The debt ratio rises from 52.0% to 58.9%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€18k▼
2023 · €19k
Cash flow
€17k▼
2023 · €18k
Solvency
38.0%▼
2023 · 44.6%
Current ratio
1.51▼
2023 · 1.54
Quick ratio
1.51▼
2023 · 1.54
Debt / equity
1.55▲
2023 · 1.17
ROE
-7.0%▼
2023 · -6.6%
ROA
-2.7%▲
2023 · -2.9%
Interest coverage
18.34▼
2023 · 20.53
Debt
€192k▲
2023 · €155k
Debt ≤ 1 year
€192k▲
2023 · €155k
Income taxes
€142▲
2023 · €66
Staff costs
€916k▲
2023 · €830k
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€298k€326k▲
Fixed assets21/28€59k€36k▼
Intangible fixed assets21€6k€4k▼
Tangible fixed assets22/27€54k€32k▼
Furniture and vehicles24€46k€26k▼
Other tangible fixed assets26€7k€6k▼
Current assets29/58€238k€291k▲
Amounts receivable within one year40/41€205k€285k▲
Trade receivables40€184k€252k▲
Other amounts receivable41€21k€32k▲
Current investments50/53€25€25=
Cash at bank and in hand54/58€33k€6k▼
Equity and liabilities
Total equity and liabilities10/49€298k€326k▲
Equity10/15€133k€124k▼
Profit (loss) carried forward14€133k€124k▼
Provisions and deferred taxes16€10k€10k=
Provisions for liabilities and charges160/5€10k€10k=
Environmental obligations163€10k-
Other liabilities and charges164/5-€10k
Amounts payable17/49€155k€192k▲
Amounts payable within one year42/48€155k€192k▲
Trade debts44-€32k
Suppliers440/4-€32k
Taxes, remuneration and social security45€92k€100k▲
Remuneration and social security454/9€92k€100k▲
Income statement
Code20232024
Non-recurring operating income76A€25k-
Remuneration, social security and pensions62€830k€916k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€27k€26k▼
Other operating charges640/8€367€292▼
Gross operating margin9900€849k€934k▲
Operating profit (loss)9901€-8k€-8k=
Financial income75/76B€221€475▲
Recurring financial income75€221€475▲
Financial charges65/66B€923€1k▲
Recurring financial charges65€923€992▲
Non-recurring financial charges66B-€90
Profit (loss) for the period before taxes9903€-9k€-9k▲
Income taxes67/77€66€142▲
Profit (loss) for the period9904€-9k€-9k▲
Profit (loss) for the period to be appropriated9905€-9k€-9k▲
Appropriation of the result
Profit (loss) to be appropriated9906€133k€124k▼
Profit (loss) brought forward from the previous period14P€141k€133k▼
Social balance
Average headcount (FTE)908713.0-
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
14-04
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
26-06
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
17-08
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 17 days late
2022
21-09
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 52 days late
2021
23-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 23 days late
2020
31-12
Financial
Back to profitnet €616
Net result €616 after 2 loss-making years.
08-10
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 69 days late
2019
31-12
Financial
Weakest financial yearnet €-27k
Net result drops to €-27k, the lowest in the series; recovery starts the following year.
18-06
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
21-06
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
28-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 28 days late
2016
07-07
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
7 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, Verviers · 1 establishment unit since 1986
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.
Rue de Franchimont 54800 VerviersGround area
1.3 ha
Building footprint
2,281 m²
Volume, LiDAR
24,416 m³
Parcel 63036A0016/00P000, Wallonia · tallest building 14.7 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
EPI
since 19862.158.731.238
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 63036A0016/00P000 | Wallonia | 1.3 ha | 1 · 2,281 m² | 14.7 m · 4 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.
Similar companies · same sector, comparable size
Prepared Mind
BE 0509.947.410
Leuven · Eq €124k
CABINET MEDICAL DELBROUCK ET POOT
BE 0890.821.868
Charleroi · Eq €124k
COMINZ
BE 0663.985.784
Nijlen · Eq €124k
ORION INVEST AND MANAGEMENT
BE 0899.967.087
Grez-Doiceau · Eq €124k
Ulrérée
BE 0803.419.722
Puurs-Sint-Amands · Eq €124k
Of 11,670 companies in sector 85599 we hold annual accounts for 1,329. 1,010 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formNon-profit association
Founded15-04-1986
Fiscal year end31-12
Activities, NACEBEL
80424
85599Other education
Sources
Crossroads Bank for EnterprisesNational Bank · 19 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
4 entriesWebsite:www.epi-formation.be
E-mail:info@epi-formation.be
Phone:087 23 27 17
E-mail:laurent.nols@epi-formation.be