EPJLR
Dissolved and wound upFinancials · financial year 2024, micro format
Annual accounts 2024 filed on 18-07-2025 PDF all 27 filings
Equity
€289,281▼ 19.5%
2023 · €359,207
Total assets
€696,879▼ 25.1%
2023 · €930,271
Net result
-€69,926▲ 34.8%
2023 · -€107,169
Working capital
-€69,162▲ 2.9%
2023 · -€71,253
Multi-year overview
2018 to 2024, 7 financial yearsOperating result
-€53,587
▲ 33.0%
2024
20182024
Net result
-€69,926
▲ 34.8%
2024
20182024
Equity
€289,281
▼ 19.5%
2024
20182024
Total assets
€696,879
▼ 25.1%
2024
20182024
Debt
€407,598
▼ 28.6%
2024
20182024
Working capital
-€69,162
▲ 2.9%
2024
20182024
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line2018201920202021202220232024
Operating result€0.1m-€0.07m▼ 24.8%€0.1m▲ 39.4%€0.008m▼ 92.4%€0.3m▲ 36×-€0.08m-€0.05m▲ 33.0%
Net result€0.06m-€0.04m▼ 29.1%€0.07m▲ 50.1%-€0.004m€0.2m-€0.1m-€0.07m▲ 34.8%
Equity€0.4m-€0.4m▲ 11.8%€0.4m▲ 6.3%€0.4m▼ 18.9%€0.5m▲ 29.7%€0.4m▼ 23.0%€0.3m▼ 19.5%
Total assets€0.6m-€0.7m▲ 20.6%€0.7m▼ 4.8%€1.0m▲ 38.6%€1.1m▲ 18.4%€0.9m▼ 18.3%€0.7m▼ 25.1%
Debt€0.2m-€0.3m▲ 34.9%€0.3m▼ 19.5%€0.6m▲ 140%€0.7m▲ 11.7%€0.6m▼ 15.1%€0.4m▼ 28.6%
Working capital€0.08m-€0.1m▲ 22.0%€0.1m▲ 40.4%€0.03m▼ 80.0%€0.07m▲ 152%-€0.07m-€0.07m▲ 2.9%
The operating result for 2024 is a loss of €53,587, smaller than the loss of €80,036 in 2023.
Turnover and EBIT margin are not published. The micro format does not require them.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €696,879
Fixed assets
€685,083 ▼ 17.8%
Current assets
€11,796 ▼ 87.9%
Equity and liabilities €696,879
Equity
€289,281 ▼ 19.5%
Debt
€407,598 ▼ 28.6%
Debt's share of the balance-sheet total falls from 61.4% to 58.5%. Equity and debt are lower.
Key figures and ratios
EBITDA
-€26,688▼
2023 · -€25,281
Cash flow
-€43,026▲
2023 · -€52,414
Current ratio
0.15▼
2023 · 0.58
Debt to equity
1.41▼
2023 · 1.59
ROE
-24.2%▲
2023 · -29.8%
ROA
-10.0%▲
2023 · -11.5%
Interest coverage
-1.62▼
2023 · -0.82
Debt ≤ 1 year
€80,958▼
2023 · €168,477
Debt > 1 year
€326,640▼
2023 · €402,587
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Investments
| Item | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Tangible fixed assets | €559,298 | €356,325 | €20,793 | - |
| Depreciation and write-downs of the year | €57,649 | €30,602 | €54,755 | €26,900 |
Source: notes to the 2021 to 2024 annual accounts (statement of fixed assets)
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | €206,408 | - | €729 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €40,052 | €54,955 | €47,251 | €57,649 | €30,602 | €54,755 | €26,900 | ▼ 50.9% |
| Other operating charges640/8 | - | - | - | €3,488 | €4,398 | €3,842 | €2,171 | ▼ 43.5% |
| Non-recurring operating charges66A | - | - | - | €31,374 | - | €7,355 | €22,411 | ▲ 205% |
| Gross operating margin9900 | €145,235 | €134,218 | €155,514 | €100,333 | €317,427 | -€14,083 | -€2,106 | ▲ 85.0% |
| Operating profit (loss)9901 | €97,976 | €73,707 | €102,778 | €7,823 | €282,427 | -€80,036 | -€53,587 | ▲ 33.0% |
| Financial income75/76B | - | - | - | €18 | €0 | €3,778 | €116 | ▼ 96.9% |
| Recurring financial income75 | - | - | - | €18 | €0 | €3,778 | €116 | ▼ 96.9% |
| Financial charges65/66B | - | - | - | €8,181 | €13,033 | €30,911 | €16,454 | ▼ 46.8% |
| Recurring financial charges65 | €9,986 | €8,902 | €8,439 | €8,181 | €13,033 | €30,911 | €16,454 | ▼ 46.8% |
| Profit (loss) for the period before taxes9903 | €87,990 | €64,806 | €94,339 | -€340 | €269,394 | -€107,169 | -€69,926 | ▲ 34.8% |
| Income taxes67/77 | €25,799 | €20,719 | €28,169 | €3,474 | €86,454 | - | - | - |
| Profit (loss) for the period9904 | €62,191 | €44,087 | €66,171 | -€3,813 | €182,940 | -€107,169 | -€69,926 | ▲ 34.8% |
| Profit (loss) for the period to be appropriated9905 | €62,191 | €44,087 | €66,171 | -€3,813 | €182,940 | -€107,169 | -€69,926 | ▲ 34.8% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €0.6m | €0.7m | €0.7m | €1.0m | €1.1m | €0.9m | €0.7m | ▼ 25.1% |
| Fixed assets21/28 | €0.5m | €0.5m | €0.5m | €0.8m | €0.9m | €0.8m | €0.7m | ▼ 17.8% |
| Intangible fixed assets21 | - | €0.002m | €0.001m | - | - | - | - | - |
| Tangible fixed assets22/27 | €0.5m | €0.5m | €0.5m | €0.8m | €0.9m | €0.8m | €0.7m | ▼ 17.8% |
| Land and buildings22 | - | - | - | €0.7m | €0.7m | €0.7m | €0.7m | ▼ 4.6% |
| Plant, machinery and equipment23 | - | - | - | €0.01m | €0.01m | €0.01m | €0.003m | ▼ 65.4% |
| Furniture and vehicles24 | - | - | - | €0.08m | €0.2m | €0.1m | €0.02m | ▼ 83.6% |
| Financial fixed assets28 | €0.001m | €0.001m | €0.001m | €0.001m | €0.001m | - | - | - |
| Current assets29/58 | €0.1m | €0.2m | €0.2m | €0.1m | €0.2m | €0.1m | €0.01m | ▼ 87.9% |
| Amounts receivable within one year40/41 | €0.004m | €0.001m | €0.008m | €0.04m | €0.1m | €0.06m | €0.001m | ▼ 98.7% |
| Trade receivables40 | - | - | - | €0.004m | €0.008m | - | - | - |
| Other amounts receivable41 | - | - | - | €0.04m | €0.1m | €0.06m | €0.001m | ▼ 98.7% |
| Cash at bank and in hand54/58 | €0.08m | €0.1m | €0.1m | €0.04m | €0.09m | €0.04m | €0.01m | ▼ 72.1% |
| Deferred charges and accrued income490/1 | - | - | - | €0.05m | €0.06m | €0.001m | - | - |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €0.6m | €0.7m | €0.7m | €1.0m | €1.1m | €0.9m | €0.7m | ▼ 25.1% |
| Equity10/15 | €0.4m | €0.4m | €0.4m | €0.4m | €0.5m | €0.4m | €0.3m | ▼ 19.5% |
| Contributions10/11 | €0.01m | €0.01m | - | €0.01m | €0.01m | €0.01m | €0.01m | = |
| Reserves13 | €0.4m | €0.4m | €0.4m | €0.3m | €0.5m | €0.5m | €0.4m | ▼ 14.5% |
| Non-distributable reserves130/1 | - | - | - | €0.002m | €0.002m | - | - | - |
| Reserves not available under the articles1311 | - | - | - | €0.002m | €0.002m | - | - | - |
| Distributable reserves133 | - | - | - | €0.3m | €0.5m | €0.5m | €0.4m | ▼ 14.5% |
| Profit (loss) carried forward14 | - | - | - | - | - | -€0.1m | -€0.1m | ▼ 4.0% |
| Amounts payable17/49 | €0.2m | €0.3m | €0.3m | €0.6m | €0.7m | €0.6m | €0.4m | ▼ 28.6% |
| Amounts payable after more than one year17 | €0.2m | €0.2m | €0.2m | €0.5m | €0.5m | €0.4m | €0.3m | ▼ 18.9% |
| Financial debts170/4 | - | - | - | €0.5m | €0.5m | €0.4m | €0.3m | ▼ 18.9% |
| Amounts payable within one year42/48 | €0.06m | €0.08m | €0.07m | €0.1m | €0.2m | €0.2m | €0.08m | ▼ 51.9% |
| Current portion of amounts payable after more than one year42 | - | - | - | €0.08m | €0.1m | €0.09m | €0.07m | ▼ 21.6% |
| Trade debts44 | - | - | €114 | €0.01m | €0.002m | €0.003m | €0.002m | ▼ 20.4% |
| Suppliers440/4 | - | - | - | €0.01m | €0.002m | €0.003m | €0.002m | ▼ 20.4% |
| Taxes, remuneration and social security45 | - | - | - | €0.01m | €0.08m | €0.07m | - | - |
| Taxes450/3 | - | - | - | €0.01m | €0.08m | €0.07m | - | - |
| Other amounts payable47/48 | - | - | - | - | - | - | €0.005m | - |
| Accrued charges and deferred income492/3 | - | - | - | €0.001m | - | - | - | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €62,191 | €44,087 | €66,171 | -€3,813 | €182,940 | -€107,169 | -€69,926 | ▲ 34.8% |
| + Depreciation and write-downs630 | €40,052 | €54,955 | €47,251 | €57,649 | €30,602 | €54,755 | €26,900 | ▼ 50.9% |
| Operating cash flow (approximation) | €102,243 | €99,041 | €113,422 | €53,836 | €213,542 | -€52,414 | -€43,026 | ▲ 17.9% |
| Investment in fixed assets (approximation) | - | -€134,623 | €17,025 | -€407,925 | -€92,833 | €4,208 | €121,063 | ▲ 29× |
| Change in cash | - | €50,523 | €4,015 | -€88,765 | €45,080 | -€46,812 | -€28,554 | ▲ 39.0% |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Latest 10 of 27 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2024 | micro format | 18-07-2025 | 2025-00284939 | |
| 31-12-2023 | micro format | 19-07-2024 | 2024-00260906 | |
| 31-12-2022 | micro format | 16-10-2023 | 2023-00486163 | |
| 31-12-2021 | micro format | 30-09-2022 | 2022-20442655 | |
| 31-12-2020 | micro format | 31-08-2021 | 2021-60100524 | |
| 31-12-2019 | micro format | 06-07-2020 | 2020-26800039 | |
| 31-12-2018 | micro format | 12-08-2019 | 2019-47000591 | |
| 31-12-2017 | micro format | 13-08-2018 | 2018-45200043 | |
| 31-12-2016 | micro format | 16-08-2017 | 2017-43600573 | |
| 31-12-2015 | abbreviated format | 01-07-2016 | 2016-25800373 |