EPITHETE
Annual accounts 2025
micro format, filed on 24-06-2026, 37 days before the deadlineTurnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €84,000. Estimated: probably between €54,000 and €110,000.
Balance sheet
balance sheet total €142,351 on 31-12-2025in euro
in euro
Position in the sector
79.9%
Higher than 78% of 15,834 companies in 2025.
4.51
Higher than 75% of 15,606 companies in 2025.
10.9%
Higher than 34% of 15,723 companies in 2025.
Net result: middle half · Equity: middle half · Balance sheet total: middle half · Working capital: middle half
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Balance sheet: assets | |||||
20/58 |
142,351 | 146,475 | 117,948 | 92,125 | |
21/28 |
13,351 | 24,420 | 34,071 | 43,352 | |
22/27 |
13,351 | 24,420 | 34,071 | 43,352 | |
23 |
1,013 | 1,748 | 1,059 | - | |
24 |
12,338 | 22,672 | 33,012 | 43,352 | |
29/58 |
129,001 | 122,055 | 83,876 | 48,773 | |
40/41 |
23,362 | 16,702 | 14,116 | 18,249 | |
40 |
12,100 | 12,100 | 12,100 | 10,000 | |
41 |
11,262 | 4,602 | 2,016 | 8,249 | |
50/53 |
32,761 | 20,514 | - | - | |
54/58 |
72,210 | 84,332 | 69,354 | 29,793 | |
490/1 |
668 | 508 | 407 | 731 | |
| Balance sheet: equity and liabilities | |||||
10/49 |
142,351 | 146,475 | 117,948 | 92,125 | |
10/15 |
113,777 | 98,291 | 68,400 | 36,140 | |
10/11 |
4,000 | 4,000 | 4,000 | 4,000 | |
13 |
109,777 | 94,291 | 64,400 | 32,140 | |
133 |
109,777 | 94,291 | 64,400 | 32,140 | |
17/49 |
28,574 | 48,184 | 49,547 | 55,985 | |
17 |
- | 12,000 | 21,600 | 31,200 | |
170/4 |
- | 12,000 | 21,600 | 31,200 | |
42/48 |
28,574 | 36,184 | 27,947 | 24,785 | |
42 |
11,410 | 10,606 | 10,270 | 9,600 | |
44 |
1,118 | 815 | 1,227 | 821 | |
440/4 |
1,118 | 815 | 1,227 | 821 | |
45 |
16,046 | 24,764 | 16,450 | 14,364 | |
450/3 |
13,396 | 22,114 | 13,800 | 11,714 | |
454/9 |
2,650 | 2,650 | 2,650 | 2,650 | |
| Income statement | |||||
9900 |
30,156 | 49,390 | 51,745 | 48,895 | |
630 |
11,069 | 10,774 | 10,363 | 8,348 | |
640/8 |
233 | - | 62 | 50 | |
9901 |
18,855 | 38,616 | 41,320 | 40,497 | |
75/76B |
1,836 | 546 | 63 | 57 | |
75 |
1,836 | 546 | 63 | 57 | |
65/66B |
960 | 945 | 841 | - | |
65 |
960 | 945 | 841 | - | |
9903 |
19,731 | 38,216 | 40,543 | 40,554 | |
67/77 |
4,244 | 8,326 | 8,283 | 8,414 | |
9904 |
15,487 | 29,890 | 32,260 | 32,140 | |
9905 |
15,487 | 29,890 | 32,260 | 32,140 | |
| Appropriation of the result | |||||
9906 |
15,487 | 29,890 | 32,260 | 32,140 | |
691/2 |
15,487 | 29,890 | 32,260 | 32,140 | |
6921 |
15,487 | 29,890 | 32,260 | 32,140 | |
| Document | |||||
The notes to these accounts have 5 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 24-06-2026.
Filings
each dot is a set of accounts, on the day it reached the National BankKey figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| 29,924 | 49,390 | 51,683 | 48,845 | ||
| 26,556 | 40,665 | 42,623 | 40,488 | ||
| 0 | 1,123 | 1,082 | 51,700 | ||
| -12,122 | 14,978 | 39,561 | - | ||
| 100,426 | 85,871 | 55,929 | 23,988 | ||
| 79.9% | 67.1% | 58.0% | 39.2% | ||
| 4.51 | 3.37 | 3.00 | 1.97 | ||
| 0.25 | 0.49 | 0.72 | 1.55 | ||
| 13.6% | 30.4% | 47.2% | 88.9% | ||
| 10.9% | 20.4% | 27.4% | 34.9% | ||
| 31.17 | 52.24 | 61.45 | - |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Investments
fixed assets acquired| Item | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Tangible fixed assets | - | €1,123 | €1,082 | €51,700 |
| €11,069 | €10,774 | €10,363 | €8,348 |
Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)
Insights on EPITHETE
The operating result for 2025 is 51% lower than in 2024 and the lowest since 2022. It is the second fall in a row.
Debt's share of the balance-sheet total falls from 32.9% to 20.1%. Equity is higher and debt is lower.