Equity
€113,777 ▲ 15.8%
EPITHETE has made a profit in every financial year since 2022.
EPITHETE
Overview
Lifetime
4 annual accounts with figures on one time axispeak €51,745 (2023)
€30,156▼ 38.9%
peak €32,260 (2023)
€15,487▼ 48.2%
peak €113,777 (2025)
€113,777▲ 15.8%
€28,574▼ 40.7%
Board1 name since 2022
1 directorDELWART Valentin Jean Philippe Marie
Documentsfilings and deeds
24-06-202637 days before the deadline
2025micro format
Gross margin from €49,390 to €30,156Result from €29,890 to €15,487Equity from €98,291 to €113,777Debts from €48,184 to €28,574
Key points
from the 2025 annual accountsChecked score
96
Excellent
Financially stronger than 68% of micro companies in legal and accounting (NACE 69)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: < 0.1% across 20,104 companies (NACE 69, micro).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: < 0.1%
01-2025: < 0.1%● unchanged vs 12-2024
02-2025: < 0.1%● unchanged vs 01-2025
03-2025: < 0.1%● unchanged vs 02-2025
04-2025: < 0.1%● unchanged vs 03-2025
05-2025: < 0.1%● unchanged vs 04-2025
06-2025: < 0.1%● unchanged vs 05-2025
07-2025: < 0.1%● unchanged vs 06-2025highest value
08-2025: < 0.1%● unchanged vs 07-2025
09-2025: < 0.1%● unchanged vs 08-2025
10-2025: < 0.1%● unchanged vs 09-2025
11-2025: < 0.1%● unchanged vs 10-2025
12-2025: < 0.1%● unchanged vs 11-2025
01-2026: < 0.1%● unchanged vs 12-2025lowest value
02-2026: < 0.1%● unchanged vs 01-2026lowest value
03-2026: < 0.1%● unchanged vs 02-2026
04-2026: < 0.1%● unchanged vs 03-2026
05-2026: < 0.1%● unchanged vs 04-2026
06-2026: < 0.1%● unchanged vs 05-2026
07-2026: < 0.1%● unchanged vs 06-2026
08-2026: < 0.1%● unchanged vs 07-2026
09-2026: < 0.1%● unchanged vs 08-2026
10-2026: < 0.1%● unchanged vs 09-2026
11-2026: < 0.1%● unchanged vs 10-2026
Financial strengthStrong
Score breakdown
lowers risk
Sector: Legal and accounting activities (NACE 69)
Liquidity: current ratio 4.51, cash €72,210
Figures for financial year 2025 (filed on 24-06-2026)
Equity €113,777 (79.9% of total assets)
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 69, micro). It does better than 87% of them on solvency, 87% on liquidity, 38% on profitability and 61% on growth.
The bankruptcy probability was computed on 10-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 39,278 companies had the same profile as EPITHETE has now. Each dot stands for 99 companies, two years later.
95.8%
were still trading
2.3%
stopped another way
1.8%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of EPITHETE itself is lower: < 0.1% within 12 months. It rests on far more data about EPITHETE than the profile alone.
Test of the method
The method was tested on the 497,448 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 39,278 companies, not a prediction for EPITHETE. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €10,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 4.51 (3.37 in 2024), above the usual 1.5. Short-term debt is 20.1% and cash 50.7% of total assets. 20.1% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
5 signals, none raises the risk
Five signals.
lowers riskneutral
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 24-06-2026, 37 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
37 days early
2024
1 day early
2023
5 days late
2022
48 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 4 accounts on average 20 days before the deadline. In the sector (NACE 69), the median for financial year 2024 was 9 days before the deadline, and 32% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 12 July (4 of the last 4 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
11-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
- DELWART Valentin Jean Philippe Marie 100 sharesdeed of 12-01-2022
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0779915335
Incorporation
Founding capital of €4,000, 100 shares · Founder: DELWART Valentin Jean Philippe Marie · Appointment: DELWART Valentin Jean Philippe Marie (director) · published on 12-01-2022 · Gazette deed
First establishment
Quai Andreï Sakharov 7, Tournai
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| EPITHETE Tournai | €142,351 | €30,156 | 79.9% | - |
| AVERIUS Kortrijk | €144,152 | €23,130 | 45.1% | - |
| Florence le Maire Gestion Ixelles | €119,760 | €43,142 | 62.7% | - |
| NOBEDO Beernem | €157,758 | €37,677 | 63.3% | - |
| Veno1967 Beringen | €186,972 | €31,408 | 93.1% | - |
| Soline LENOBLE, Notaire associé Celles (lez-Tournai) | €97,678 | €19,997 | 19.1% | - |
| Elina Vanhauter Aalter | €105,374 | €35,980 | 66.7% | - |
These companies have the same main activity as EPITHETE: activities of notaries (NACE 69102). They are comparable in size and age: total assets between €97,700 and €187,000, founded between 2020 and 2022.
Official details
Source: KBO- Status
- Active since 10-01-2022Normal situation
- Activity
- Activities of notariesNACE 69102
- Establishment unit
- 2.326.345.7537500 Tournai, since 10-01-2022
- Financial year end
- 31 December
- Peppol
- Reachable since 12-11-2025
Annual accounts 2025
- €30,156▼ 38.9%
- €15,487▼ 48.2%
- €113,777▲ 15.8%
- €142,351▼ 2.8%
- Filing
- Filed on 24-06-2026, 37 days before the end of the filing period
Insights on EPITHETE
EPITHETE files the micro format. That format states no turnover. The gross margin fell from €48,895 in 2022 to €30,156 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Financials
Annual accounts 2025
micro format, filed on 24-06-2026, 37 days before the deadline€30,156
▼ 38.9%
€18,855
▼ 51.2%
€15,487
▼ 48.2%
€100,426
▲ 17.0%
79.9%
▲ 12.8 percentage points
4.51
▲ 1.14
Turnover 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 31-12-2025What the company ownsHow it is paid for
in 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.
EPITHETE
Middle half of the sector
80% of the sector
Micro accounts in legal and accounting (NACE 69)
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.
Board & ownership
Board
1 director, since incorporationDirector (not named in the articles)
since 10-01-2022
term without a fixed end
listed in the 2024 annual accounts, filed on 30-07-2025
Mandates through the years
1 name, the dashed line is todayDELWART Valentin Jean Philippe Marie
Director (not named in the articles)
Director (not named in the articles)
Board
Mandates as a list
- DELWART Valentin Jean Philippe Marie
- Director (not named in the articles), from 10-01-2022 to date
Control
This company
EPITHETE
Equity €113,777
Profit €15,487 in 2025
Capital
- Contribution
- €4,000
- Shares
- 100
- Contribution per share
- €40
- Equity per share
- €1,138 in 2025
- Source
- deed of 12-01-2022
Articles of association
deed of 12-01-2022 (in French)- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimited
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- 1 director
- Statutory auditorA statutory auditor is a registered auditor who checks the annual accounts. Small companies need not have one. According to the deed, the legal criteria do not require one here.
- No statutory auditor
Shareholders
At incorporation
deed of 12-01-2022 ↗
- DELWART Valentin Jean Philippe Marie 100 shares (100%) · €4,000 in cash
Network & group
No group
EPITHETE has no parent and no holdings in its annual accounts. DELWART Valentin Jean Philippe Marie is the only director. EPITHETE shares no director with another company.
Timeline
Timeline
10 events since 2022Filings
Financial
Establishments
20222023202420252026
Deadline for the 2026 accounts: 31-07-2027
2026
Annual accounts 2025 filed NBBmicro format · 37 days before the deadline
2025
Weakest financial year net €15,487 ▼48.2% The net result drops to €15,487, the lowest from 2022 to 2025.
Equity above €100,000 equity €113,777 ▲15.8% With a profit in every financial year since 2022, equity grows to €113,777.
Registered in the Peppol Directory Reachable for e-invoices through 0208:0779915335
Annual accounts 2024 filed PDFmicro format · 1 day before the deadline
2024
Annual accounts 2023 filed PDFmicro format · 5 days late
2023
Highest result from 2022 to 2025 net €32,260 ▲0.4% The operating result of €41,320 and the net result of €32,260 are both a record.
Annual accounts 2022 filed PDFmicro format · 48 days before the deadline
2022
IncorporationFounding capital of €4,000, 100 shares · Founder: DELWART Valentin Jean Philippe Marie · Appointment: DELWART Valentin Jean Philippe Marie (director) · published on 12-01-20225 points ▸
- Founder, DELWART Valentin Jean Philippe Marie
- Founding capital, €4,000, 100 shares
- Registered office clause, Quai Andreï Sakharov 7, 7500 Tournai
- Director appointment, DELWART Valentin Jean Philippe Marie (director (not named in the articles))
- Permanent representative, DELWART Valentin Jean Philippe Marie
- The deed holds 7 more points.
First establishment Quai Andreï Sakharov 7, Tournai
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
History
EPITHETE was incorporated on 10 January 2022 as a private limited company by one natural person, with a starting capital of €4,000.12 Since 2022, DELWART Valentin Jean Philippe Marie has served as director.3 Total assets rose from €92,125 in 2022 to €142,351 in 2025.4
Company details
Identity
- Enterprise number
- 0779.915.335
- VAT number
- BE 0779.915.335
- Peppol ID
- 0208:0779915335
- Other Peppol ID
- 9925:BE0779915335
- Legal form
- Private limited company
- Status
- Active, normal situation
- Founded
- 10-01-2022
- Financial year
- ends on 31 December
- Peppol
- Reachable since 12-11-2025Follow this company and you will hear the next morning if it leaves the Peppol register.
- Name
- EPITHETE in French
- Entity type
- Legal entity
- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimiteddeed of 12-01-2022 (in French)
Activities
NACEBEL 202569102
Activities of notaries main activity
Codes under NACEBEL 2008
69102
Activities of notaries main activity
- PurposeThe purpose describes the activities the company may carry out under its articles.
- “La gestion en tant qu’administrateur d'une société professionnelle notariale, à l'exclusion de toute activité en dehors de la société…”deed of 12-01-2022 (in French)
4 activities
- La gestion en tant qu’administrateur d'une société professionnelle notariale, à l'exclusion de toute activité en dehors de la société professionnelle notariale dont elle est administrateur.
- Elle exercera son activité dans le plus strict respect des dispositions légales, réglementaires et déontologiques régissant le notariat.
- Gérer son patrimoine mobilier ou immobilier de manière rationnelle et efficace.
- Pour son propre compte et sous forme de placements, acquérir, aliéner, prendre et donner en location, grever de droits personnels et réels tous biens mobiliers et immobiliers.
Registered office and establishments
1 establishment| Establishment | Since | Unit number |
|---|---|---|
| Quai Andreï Sakharov 7 registered office 7500 Tournai | 10-01-2022 | 2.326.345.753 |
Buildings and parcels at the address
- Ground area
- 263 m²
- Buildings
- 152 m²
- Volume, LiDAR
- 1,531 m³
- Tallest building
- 13.0 m
Buildings to scale, each on its own parcel
Parcels
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 57462D0046/00B000 | 263 m² | 1 · 152 m² | 13.0 m · 3 |