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EPICOEUR

Active
Cooperative companyfounded 20224 yrs activeRue Eugène Gilles(FLG) 8, 6210 Les Bons Villers, BelgiumKBO/BCE: BE 0786.550.828
Summary

EPICOEUR has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €25,879 and a net result of €7,246. The computed 12-month bankruptcy probability is 0.8% (low).

Checked score

Score 2024
Axes · tick = 2023
Profitability74▼-5
Solvency39▼-1
Growth52
Track record94
Bankruptcy probability, 12 months
0.8% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1,500 at 30 days acceptable
Liquidity ample (current ratio 5.48 against 6.41 in 2023; short-term debt: 18.1% and cash: 38.8% of total assets), but 85.7% of the assets are financed with debt.
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Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 4 years 0 10 y
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Retail trade (NACE 47)
about 45% more bankruptcies
← fewer bankruptcies more bankruptcies →
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 2024
Solvency, return and age of the figures
Solvency
14.3%
Return on assets
4%
Age of the figures
21 mo
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
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 16-06-2026, 45 days ahead of the deadline.
NBB · 3 filings
Deviation from the deadline
2025
45 d early
2024
69 d early
2023
34 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 3 accounts on average 49 days before the deadline; the sector median for financial year 2024 is on the deadline day, and 47% of the sector filed late.

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. Usually files around 16 June (3 of the last 3 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
29-09-2026 today31-12-2026 close31-07-2027 deadline
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

EPICOEUR was incorporated on 25 May 2022 as a Cooperative company.1 The company has filed 3 sets of annual accounts, the latest for fiscal year 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2025

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Financials · fiscal year 2024, micro schema

Equity
€25,879▲ 43.9%
2023 · €17,982
Total assets
€181,324▲ 54.8%
2023 · €117,153
Net result
€7,246▼ 25.5%
2023 · €9,732
Working capital
€146,482▲ 52.4%
2023 · €96,107
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20232024
Operating result€12,276-€6,639▼ 45.9%
Net result€9,732within the sector's middle half-€7,246within the sector's middle half▼ 25.5%
Equity€17,982within the sector's middle half-€25,879within the sector's middle half▲ 43.9%
Total assets€117,153within the sector's middle half-€181,324within the sector's middle half▲ 54.8%
Debt€99,171-€155,445▲ 56.7%
Working capital€96,107above the sector's middle half-€146,482above the sector's middle half▲ 52.4%
Solvency15.3%within the sector's middle half-14.3%within the sector's middle half▼ 1.1pp
Current ratio6.41above the sector's middle half-5.48above the sector's middle half▼ 0.94
Return on assets (ROA)8.3%within the sector's middle half-4.0%within the sector's middle half▼ 4.3pp
Staff (FTE)0.7-1.8▲ 157%
above within below the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€5,000€10,000Operating result 2023: €12,276€12,276Net result 2023: €9,732€9,732Operating result 2024: €6,639€6,639Net result 2024: €7,246€7,24620232024€0€5,000€10,000Operating result 2023: €12,276€12,300Net result 2023: €9,732€9,730Operating result 2024: €6,639€6,640Net result 2024: €7,246€7,25020232024
The operating result falls in 2024; 2024 is 46% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €181,324
Fixed assets €2,109 ▼ 36.0%
Current assets €179,215 ▲ 57.4%
Equity and liabilities €181,324
Equity €25,879 ▲ 43.9%
Debt €155,445 ▲ 56.7%
Debt's share of the balance-sheet total rises from 84.7% to 85.7%. Equity and debt are higher.
Key figures and ratios
2024 value · change against 2023
EBITDA
€7,826▼
2023 · €12,841
Cash flow
€8,433▼
2023 · €10,297
Debt to equity
6.01▲
2023 · 5.51
ROE
28.0%▼
2023 · 54.1%
Interest coverage
104.12▼
2023 · 140.49
Debt ≤ 1 year
€32,733▲
2023 · €17,751
Income taxes
-€682▼
2023 · €2,452
Staff costs
€56,637▲
2023 · €27,163
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 2,542 companies that looked in July 2024 the way this one looks now, 3.5% went bankrupt within 24 months and 95% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 10 to 30%
  • a profit under 5% of the balance sheet
3.5% went bankrupt
1.2% stopped otherwise
95% still going

A further 0.3% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.8% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.9%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 2,542 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2024 against 2023 · 40 lines
Balance sheet Code20232024
Assets
Total assets20/58€117,153€181,324▲
Fixed assets21/28€3,295€2,109▼
Tangible fixed assets22/27€2,995€1,809▼
Furniture and vehicles24€2,995€1,809▼
Financial fixed assets28€300€300=
Current assets29/58€113,858€179,215▲
Amounts receivable within one year40/41€94,939€108,369▲
Trade receivables40€931€411▼
Other amounts receivable41€94,008€107,958▲
Cash at bank and in hand54/58€18,828€70,335▲
Deferred charges and accrued income490/1€91€511▲
Equity and liabilities
Total equity and liabilities10/49€117,153€181,324▲
Equity10/15€17,982€25,879▲
Contributions10/11€8,250€8,900▲
Profit (loss) carried forward14€9,732€16,979▲
Amounts payable17/49€99,171€155,445▲
Amounts payable within one year42/48€17,751€32,733▲
Trade debts44€11,662€16,476▲
Suppliers440/4€11,662€16,476▲
Taxes, remuneration and social security45€5,581€14,050▲
Taxes450/3€3,718€1,795▼
Remuneration and social security454/9€1,863€12,255▲
Other amounts payable47/48€508€2,207▲
Accrued charges and deferred income492/3€81,420€122,712▲
Income statement Code20232024
Remuneration, social security and pensions62€27,163€56,637▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€565€1,187▲
Other operating charges640/8€798€403▼
Non-recurring operating charges66A€576-
Gross operating margin9900€41,378€64,866▲
Operating profit (loss)9901€12,276€6,639▼
Financial income75/76B-€0
Recurring financial income75-€0
Financial charges65/66B€91€75▼
Recurring financial charges65€91€75▼
Profit (loss) for the period before taxes9903€12,185€6,564▼
Income taxes67/77€2,452-€682▼
Profit (loss) for the period9904€9,732€7,246▼
Profit (loss) for the period to be appropriated9905€9,732€7,246▼
Appropriation of the result
Profit (loss) to be appropriated9906€9,732€16,979▲
Profit (loss) brought forward from the previous period14P-€9,732

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20232024Change
Remuneration, social security and pensions62€27,163€56,637▲ 109%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€565€1,187▲ 110%
Other operating charges640/8€798€403▼ 49.4%
Non-recurring operating charges66A€576--
Gross operating margin9900€41,378€64,866▲ 56.8%
Operating profit (loss)9901€12,276€6,639▼ 45.9%
Financial income75/76B-€0-
Recurring financial income75-€0-
Financial charges65/66B€91€75▼ 17.8%
Recurring financial charges65€91€75▼ 17.8%
Profit (loss) for the period before taxes9903€12,185€6,564▼ 46.1%
Income taxes67/77€2,452-€682▼ 128%
Profit (loss) for the period9904€9,732€7,246▼ 25.5%
Profit (loss) for the period to be appropriated9905€9,732€7,246▼ 25.5%
Line20232024Change
Assets
Total assets20/58€117,153€181,324▲ 54.8%
Fixed assets21/28€3,295€2,109▼ 36.0%
Tangible fixed assets22/27€2,995€1,809▼ 39.6%
Furniture and vehicles24€2,995€1,809▼ 39.6%
Financial fixed assets28€300€300=
Current assets29/58€113,858€179,215▲ 57.4%
Amounts receivable within one year40/41€94,939€108,369▲ 14.1%
Trade receivables40€931€411▼ 55.9%
Other amounts receivable41€94,008€107,958▲ 14.8%
Cash at bank and in hand54/58€18,828€70,335▲ 274%
Deferred charges and accrued income490/1€91€511▲ 462%
Equity and liabilities
Total equity and liabilities10/49€117,153€181,324▲ 54.8%
Equity10/15€17,982€25,879▲ 43.9%
Contributions10/11€8,250€8,900▲ 7.9%
Profit (loss) carried forward14€9,732€16,979▲ 74.5%
Amounts payable17/49€99,171€155,445▲ 56.7%
Amounts payable within one year42/48€17,751€32,733▲ 84.4%
Trade debts44€11,662€16,476▲ 41.3%
Suppliers440/4€11,662€16,476▲ 41.3%
Taxes, remuneration and social security45€5,581€14,050▲ 152%
Taxes450/3€3,718€1,795▼ 51.7%
Remuneration and social security454/9€1,863€12,255▲ 558%
Other amounts payable47/48€508€2,207▲ 335%
Accrued charges and deferred income492/3€81,420€122,712▲ 50.7%
Line20232024Change
Profit (loss) for the period9904€9,732€7,246▼ 25.5%
+ Depreciation and write-downs630€565€1,187▲ 110%
Operating cash flow (approximation)€10,297€8,433▼ 18.1%
Investment in fixed assets (approximation)-€0-
Change in cash-€51,507-

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

Next filing, fiscal year 2026, expected by 31-07-2027
2026
16-06
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
23-05
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
27-06
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
NBB filing
0 of 3 acts read
About the unread acts

We know of 3 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
3 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, Les Bons Villers · 1 establishment unit since 2022
seat establishment The establishment unit on the map
Ground area
2,067 m²
Building footprint
60 m²
2 parcels, Wallonia. Linked by address, not a title deed.
1 establishment unit
EPICOEUR
Rue de Sart-Dames-Avelines(FLG) 8, 6210 Les Bons VillersIntermediation services for non-specialised retail
since 20222.332.279.777
2 parcels
Wallonia 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
52024A0686/00H000 Wallonia 1,393 m² 1 · 7 m² -
52024B0166/00F000 Wallonia 674 m² 1 · 52 m² -
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Recognitions · licences · registrations

Food safety, FASFC

1 site
Les Bons Villers2.332.279.777
1 permission
Toelating · Detailhandel · since 01-10-2022

Similar companies · same sector, comparable size

Of 12,955 companies in sector 47120 we hold annual accounts for 2,193. 1,443 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formCooperative company
Founded25-05-2022
Fiscal year end31-12
Activities, NACEBEL 2025
46170Agents in the wholesale of food, beverages and tobacco
47120Other non-specialised retail sale
82990Other business support services
85592Vocational training
85599Other education
Contact
E-mail sebastien.ost@gmail.comLes Bons Villers
E-invoicing
Reachable via Peppol
Peppol ID 0208:0786550828

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 28 September 2026 · Peppol Directory

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