Checked.be
Active
BE 0883.172.726Private limited company
EPIC RUSHES
Esserstraat(Z) 30 ·8550 Zwevegem, Belgium· 20 yrs active
Sector: Site preparation
(43120)
Conclusion
EPIC RUSHES has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €264k and a net result of €-222. Equity remains stable across the filed fiscal years (±0.8% per year). Its solvency ranks better than 60% of 343 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Based on the State Gazette, CBE and 3 annual accounts.
Key figures
| Equity | €264k |
| Net result | €-222 |
| Better than sector | 60% |
| Active | 20 yrs |
Financial profile
54
/ 100
Mixed profile: strong on stability, weaker on profitability.
All 5 axes are computed from data Checked has read.
Health
33
Profitability
0
Solvency
58
Growth
78
Stability
100
Bankruptcy probability (12 mo)
Risk Assessment
0 / 100
Low riskTrust signals
Long-established
Founded in 2006, 20 years in business.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.
Administrative Flags
No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
Checked score
33
/ 100
Weak
Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.
Indicative credit limit
€9k
estimate, not credit advice
Score history
36
2023
57
2024
33
2025
purely financial, excl. current insolvency signals
Score components
Liquidity
Current ratio 0.37 (< 1.0)
-10
Quick ratio
Quick ratio 0.37 (< 0.6)
-5
Leverage
Debt/equity 1.15 (< 2.0)
+3
Profitability
Negatieve ROE 0%
-10
Interest coverage
Interest coverage 8.2× (≥ 3×)
+8
Profit trend
Net profit down YoY
-3
Computed by Checked from the NBB filing for FY 2025. Indicative, not credit advice.
Financial overview
Annual accounts filed on 03-03-2026 with the NBB · fiscal year 2025 · abbreviated schema
Trajectory (indicative)
Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.
stable
Equity: stable across 3 fiscal years (±0.8%/year).
Solid line = filed figures · dashed = extended trend · area = indicative range.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
Sector comparison
Fiscal year 2025 · NACE 43, Specialised construction activities · compared within the same schema type (abbreviated schema)
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 46.6% | 39.1% | |
| Net result | €-222 | €40k | |
| Equity | €264k | €193k | |
| Gross operating margin | €55k | €230k | |
| Employees (FTE) | 0.0 | 3.5 |
€47k
-11.9%
23-25
€-222
-
23-25
€42k
-10.6%
23-25
€566k
-3.9%
23-25
€264k
-0.1%
23-25
€-132k
+12.2%
23-25
0
-
23-25
€52
-92.0%
23-25
€303k
-7.0%
23-25
€208k
+0.2%
23-25
€94k
-19.8%
23-25
0.37
+32.6%
23-25
0.37
+32.6%
23-25
46.6%
+4.0%
23-25
1.15
-6.9%
23-25
-0.1%
-
23-25
0.0%
-
23-25
8.20
+2.3%
23-25
Figures by fiscal year and ratios
| Fiscal year | 2025 | 2024 | 2023 |
|---|---|---|---|
| Deposit | abbreviated schema | abbreviated schema | abbreviated schema |
| Revenue | - | - | - |
| EBITDA | €47k | €53k | €46k |
| Net profit | €-222 | €4k | €-3k |
| Cash flow | €42k | €47k | €39k |
| Staff costs | - | - | - |
| Income taxes | €52 | €644 | €84 |
| Dividends | - | - | - |
| Total assets | €566k | €589k | €600k |
| Equity | €264k | €264k | €260k |
| Debt | €303k | €325k | €341k |
| of which ≤ 1y | €208k | €208k | €200k |
| of which > 1y | €94k | €118k | €140k |
| Working capital | €-132k | €-150k | €-174k |
| Employees (FTE) | 0.0 | 0.0 | 0.0 |
Ratios (computed)
| 2025 | 2024 | 2023 | |
|---|---|---|---|
| Current ratio | 0.37 | 0.28 | 0.13 |
| Quick ratio | 0.37 | 0.28 | 0.13 |
| Working capital ratio | -23.3% | -25.5% | -29.1% |
| Solvency | 46.6% | 44.8% | 43.2% |
| Debt / equity | 1.15 | 1.23 | 1.31 |
| Long-term debt ratio | 0.36 | 0.45 | 0.54 |
| Interest coverage | 8.20 | 8.02 | 6.15 |
| Gross margin | - | - | - |
| Net margin | - | - | - |
| ROA | 0.0% | 0.7% | -0.4% |
| ROE | -0.1% | 1.6% | -1.0% |
| EBITDA margin | - | - | - |
| Days sales outstanding | - | - | - |
| Days payable outstanding | - | - | - |
| Inventory turnover | - | - | - |
| Days inventory (DSI) | - | - | - |
Balance-sheet composition 2025
Full annual accounts (23 line items)
Filed balance sheet and income statement, exactly as deposited with the NBB.
| Line item | Code | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| Balance sheet, Assets | ||||
| TOTAL ASSETS | 20/58 | €566k | €589k | €600k |
| Fixed assets | 21/28 | €490k | €532k | €574k |
| Tangible fixed assets | 22/27 | €490k | €532k | €574k |
| Current assets | 29/58 | €76k | €57k | €26k |
| Amounts receivable within one year | 40/41 | €17k | €35k | €19k |
| Cash & bank | 54/58 | €59k | €22k | €6k |
| Balance sheet, Equity & liabilities | ||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €566k | €589k | €600k |
| Equity | 10/15 | €264k | €264k | €260k |
| Contributions / capital | 10/11 | €262k | €262k | €262k |
| Reserves | 13 | €2k | €2k | €2k |
| Accumulated profits (losses) | 14 | €-31k | €-31k | €-35k |
| Amounts payable | 17/49 | €303k | €325k | €341k |
| Amounts payable after one year | 17 | €94k | €118k | €140k |
| Amounts payable within one year | 42/48 | €208k | €208k | €200k |
| Trade debts payable within one year | 44 | €14k | €14k | €8k |
| Income statement | ||||
| Gross operating margin | 9900 | €55k | €60k | €53k |
| Operating result | 9901 | €5k | €11k | €5k |
| Financial income | 75 | €474 | €595 | €344 |
| Financial charges | 65 | €6k | €7k | €8k |
| Result before taxes | 9903 | €-170 | €5k | €-3k |
| Income taxes | 67/77 | €52 | €644 | €84 |
| Net result for the period | 9904 | €-222 | €4k | €-3k |
| Result to be appropriated | 9905 | €-222 | €4k | €-3k |
Legal Structure
| NACE primary | Site preparation(43120) |
| Legal form | Private limited company(610) |
| Incorporation | 28-08-2006 |
| Status | Active |
| Postal code | 8550 |
Establishment units
PLUS
since 20062.155.886.663
Real-estate footprint
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34042A0836/00D000 | Flanders | 3,455 m² | 1 · 1,006 m² | 6.7 m · 2 fl. |
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.
Updates
Next filing, fiscal year 2026, expected by
2026
03-03
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
02-04
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
30-09
Financial
Back to profitnet €4k
Net result €4k after one loss-making year.
04-03
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
08-03
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
02-03
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
22-03
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
13-03
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
29-03
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
15-03
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
18-04
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Belgian State Gazette reading coverage
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.
Credit advice
Company registry (CBE)
Activities
Site preparation4312045112Roofing work4341045220Activities of building architects71111Photography, excluding press photography74201
Names & trade names
| Legal nameNL | EPIC RUSHES |
| Trade nameNL | PLUS |
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