Summary
EPICo II is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €25.38M and a net result of €-157k. Equity is growing by ~51.9% per year across the filed fiscal years. Its solvency ranks better than 74% of 2394 sector peers (fiscal year 2025). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The health score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
Credit check for your own amount and term
Signals
1 signal. The signal on the left, the evidence on the right.
○neutral
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 30-06-2026, 31 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
31 d early
2024
38 d early
2023
44 d early
2022
42 d early
← 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
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Equity
€25.38M▲ 50.1%
2024 · €16.91M
2022: €4.32M
2023: €9.98M
2024: €16.91M
2022 → 2025
Net result
€-157k▲ 75.3%
2024 · €-634k
2022: €-1.20M
2023: €-1.65M
2024: €-634k
2022 → 2025
Total assets
€29.25M▲ 52.0%
2024 · €19.24M
2022: €4.36M
2023: €13.45M
2024: €19.24M
2022 → 2025
Solvency
86.8%▼ 1.1pp
2024 · 87.9%
2022: 99.1%
2023: 74.2%
2024: 87.9%
2022 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2022202320242025Trend
Turnover€290k
Equity€4.32M-€9.98M▲ 131%€16.91M▲ 69.4%€25.38M▲ 50.1%
Operating result€-1.33M-€-2.00M▼ 50.8%€-1.82M▲ 8.7%€-1.67M▲ 8.4%
Net result€-1.20M-€-1.65M▼ 37.3%€-634k▲ 61.6%€-157k▲ 75.3%
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €1.67M in 2025 against €1.82M in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €29.25M
Fixed assets
€29.12M ▲ 101%
Current assets
€128k ▼ 97.3%
Equity and liabilities €29.25M
Equity
€25.38M ▲ 50.1%
Debt
€3.87M ▲ 65.7%
Debt's share of the balance-sheet total rises from 12.1% to 13.2%. Equity and debt are higher.
Key figures and ratios
ROE
-0.6%▲
2024 · -3.8%
ROA
-0.5%▲
2024 · -3.3%
Debt ≤ 1 year
€3.84M▲
2024 · €2.32M
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 49 lines
Balance sheet
Code20242025
Assets
Total assets20/58€19.24M€29.25M▲
Fixed assets21/28€14.50M€29.12M▲
Financial fixed assets28€14.50M€29.12M▲
Affiliated companies280/1€6.82M€7.11M▲
Participating interests280€6.82M€7.11M▲
Companies linked by participating interests282/3€7.68M€22.01M▲
Participating interests282€107€6.59M▲
Amounts receivable283€7.68M€15.43M▲
Current assets29/58€4.74M€128k▼
Amounts receivable after more than one year29€4.00M-
Other amounts receivable291€4.00M-
Amounts receivable within one year40/41€8k€1k▼
Trade receivables40€6k-
Other amounts receivable41€2k€1k▼
Cash at bank and in hand54/58€280k€127k▼
Deferred charges and accrued income490/1€457k-
Equity and liabilities
Total equity and liabilities10/49€19.24M€29.25M▲
Equity10/15€16.91M€25.38M▲
Contributions10/11€20.40M€29.03M▲
Capital10€20.40M€29.03M▲
Issued capital100€20.40M€29.03M▲
Profit (loss) carried forward14€-3.49M€-3.64M▼
Amounts payable17/49€2.33M€3.87M▲
Amounts payable within one year42/48€2.32M€3.84M▲
Trade debts44€73k€88k▲
Suppliers440/4€73k€88k▲
Taxes, remuneration and social security45€193€198▲
Taxes450/3€193€198▲
Other amounts payable47/48€2.25M€3.75M▲
Accrued charges and deferred income492/3€12k€26k▲
Income statement
Code20242025
Operating income70/76A€290k-
Turnover70€290k-
Operating charges60/66A€2.11M€1.67M▼
Services and other goods61€2.02M€1.67M▼
Other operating charges640/8€90k€5k▼
Operating profit (loss)9901€-1.82M€-1.67M▲
Financial income75/76B€1.37M€1.71M▲
Recurring financial income75€1.37M€1.71M▲
Income from financial fixed assets750€1.00M€1.58M▲
Income from current assets751€367k€130k▼
Financial charges65/66B€180k€196k▲
Recurring financial charges65€180k€196k▲
Debt charges650€128k€134k▲
Other financial charges652/9€52k€62k▲
Profit (loss) for the period before taxes9903€-634k€-157k▲
Profit (loss) for the period9904€-634k€-157k▲
Profit (loss) for the period to be appropriated9905€-634k€-157k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-3.49M€-3.64M▼
Profit (loss) brought forward from the previous period14P€-2.85M€-3.49M▼
The notes to these accounts (17 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
30-06
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial
Equity above €25MEq €25.38M ▲50.1%
Equity rises from €16.91M to €25.38M.
23-06
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Liquidity doublescurrent ratio 2.04
Current ratio from 0.93 to 2.04; short-term debt falls from €3.43M to €2.32M.
31-12
Financial
Equity above €10MEq €16.91M ▲69.4%
Equity rises from €9.98M to €16.91M.
17-06
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial
Weakest financial yearnet €-1.65M
Net result drops to €-1.65M, the lowest in the series; recovery starts the following year.
31-12
Financial
Equity above €5MEq €9.98M ▲131%
Equity rises from €4.32M to €9.98M.
19-06
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
15 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, Brussel · 1 establishment unit since 2022
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.
Oude Graanmarkt 631000 BrusselGround area
7,758 m²
Building footprint
456 m²
Volume, LiDAR
7,643 m³
Parcel 21811M0705/00H000, Brussels · tallest building 19.0 m, ±6 floors. Linked by address, not a title deed.
1 establishment unit
Oude Graanmarkt 63, 1000 Brussel
since 20222.332.944.822
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21811M0705/00H000 | Brussels | 7,758 m² | 1 · 456 m² | 19.0 m · 6 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
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Yonderland FinCo
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EMPEHA
BE 0839.569.345
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Of 56 companies in sector 64929 we hold annual accounts for 40. 14 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formLimited partnership
Founded20-05-2022
Fiscal year end31-12
Activities, NACEBEL 2025
64929Financial service activities, except insurance and pension funding
64210Activities of holding companies
70200Business and other management consultancy
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesE-mail:geert.ost@pmv.eu
Phone:0475770417