EPMG
Open bankruptcyA bankruptcy procedure is open for EPMG according to publications in the Belgian State Gazette; curator: KARL DE RIDDER.
Summary
The file additionally contains 4 judicial reorganisation notices. The 2022 annual accounts show negative equity (-€406,070) and a net result of €32,475.
Are you a creditor?
Open bankruptcy
Source: Belgian Official Gazette
If this company owes you money, you are not paid automatically: you file your claim yourself, within the deadline the judgment sets.
The procedure
- Court
- Enterprise Court of Hainaut, Charleroi division
- Declared bankrupt
- 3 November 2025
- Supervising judge
- Thierry Henrot
- Official Gazette
- 10-11-2025 (pdf) ↗search the document for 2025/146237
Curator
- Karl De RidderRue Du Parc 49, 6000 Char- Leroi- . Date provisoire de cessation de paiement : 03/11/2025kd@avocats-nemesis.be
What to do now
- Do not deliver on credit any more without an agreement with the curator.
- Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
- File your proof of claim in RegSol (regsol.be), yourself with eID or itsme, or through your lawyer. State principal, interest and costs separately, and any preferential right you hold.
- Delivered under retention of title? Reclaim your goods before the first report on the verification of claims.
- Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered under conditions.
- Follow the file in RegSol: the verification report (admitted or disputed) and the curator's reports appear there.
Deadlines: the judgment sets the last day to file your claim, by law at most thirty days after the judgment, and the day of the first verification report. Both dates are in the publication in the Official Gazette and in RegSol; Checked does not read them yet. A late claim is sometimes still possible, but not without consequences.
File a claim in RegSol ↗
Watch
Follow this bankruptcy: you are alerted when it is closed or reversed.
General information, not legal advice. If in doubt, the curator, your lawyer or your accountant can help. Full guide for creditors
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Signals
Two signals.
+raises risk
Checked, nothing found (1)
History
Go further with this company
Who ran this company, and where was it based, on a date before the end?Company as of a date Are there other customers at risk in your own list?Debtor check How is the Business and other management consultancy sector doing?Sector figures
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2022, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€32,475
2021 · -€539,083
Working capital
-€226,808▲ 13.3%
2021 · -€261,613
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20182019202020212022
Operating result€35,366-€40,174▲ 13.6%€2,999▼ 92.5%€43,005▲ 1,334%€54,798▲ 27.4%
Net result€32,834-€38,775▲ 18.1%€2,527▼ 93.5%-€539,083€32,475
Equity€59,237-€98,012▲ 65.5%€100,539▲ 2.6%-€438,544-€406,070▲ 7.4%
Total assets€1.3m-€1.0m▼ 24.3%€1.0m▲ 2.9%€1.0m▲ 0.7%€1.2m▲ 14.0%
Debt€1.3m-€905,806▼ 28.5%€932,364▲ 2.9%€1.5m▲ 58.6%€1.6m▲ 7.7%
Working capital-€46,485-€176,636€201,853▲ 14.3%-€261,613-€226,808▲ 13.3%
Result per fiscal year
Operating resultNet result
After the dip in 2020 the operating result has climbed two years in a row; 2022 is 27% above 2021 and is the highest result in the available series.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €1.2m
Fixed assets
€594,465 =
Current assets
€591,931 ▲ 32.8%
Key figures and ratios
Solvency
-34.2%▲
2021 · -42.2%
Current ratio
0.72▲
2021 · 0.63
Debt to equity
-3.92▼
2021 · -3.37
ROA
2.7%▲
2021 · -51.8%
Debt ≤ 1 year
€818,739▲
2021 · €707,393
Debt > 1 year
€771,397=
2021 · €771,397
Income taxes
€22,244▼
2021 · €581,988
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €29,390 | €26,993 | €26,897 | €25,832 | - | - |
| Other operating charges640/8 | - | - | - | €4,810 | €1,084 | ▼ 77.5% |
| Non-recurring operating charges66A | - | - | - | €6,050 | - | - |
| Gross operating margin9900 | €70,527 | €71,400 | €33,361 | €79,697 | €55,882 | ▼ 29.9% |
| Operating profit (loss)9901 | €35,366 | €40,174 | €2,999 | €43,005 | €54,798 | ▲ 27.4% |
| Financial income75/76B | - | - | - | €9 | - | - |
| Recurring financial income75 | - | - | - | €9 | - | - |
| Financial charges65/66B | - | - | - | €109 | €79 | ▼ 27.5% |
| Recurring financial charges65 | €2,531 | €149 | €472 | €109 | €79 | ▼ 27.5% |
| Non-recurring financial charges66B | - | - | - | - | €79 | - |
| Profit (loss) for the period before taxes9903 | €32,834 | €38,775 | €2,527 | €42,905 | €54,719 | ▲ 27.5% |
| Income taxes67/77 | - | - | - | €581,988 | €22,244 | ▼ 96.2% |
| Profit (loss) for the period9904 | €32,834 | €38,775 | €2,527 | -€539,083 | €32,475 | ▲ 106% |
| Profit (loss) for the period to be appropriated9905 | €32,834 | €38,775 | €2,527 | -€539,083 | €32,475 | ▲ 106% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.3m | €1.0m | €1.0m | €1.0m | €1.2m | ▲ 14.0% |
| Fixed assets21/28 | €901,084 | €695,773 | €672,083 | €594,465 | €594,465 | = |
| Tangible fixed assets22/27 | €587,644 | €560,651 | €536,961 | €508,700 | €508,700 | = |
| Land and buildings22 | - | - | - | €508,700 | €508,182 | ▼ 0.1% |
| Furniture and vehicles24 | - | - | - | €0 | €518 | - |
| Financial fixed assets28 | €313,440 | €135,122 | €135,122 | €85,766 | €85,766 | = |
| Current assets29/58 | €424,816 | €308,045 | €360,819 | €445,780 | €591,931 | ▲ 32.8% |
| Amounts receivable after more than one year29 | - | - | - | €44,642 | €44,642 | = |
| Trade receivables290 | - | - | - | €44,642 | €44,642 | = |
| Amounts receivable within one year40/41 | €380,173 | €259,669 | €315,838 | €394,771 | €546,871 | ▲ 38.5% |
| Trade receivables40 | - | - | - | €149,347 | €280,777 | ▲ 88.0% |
| Other amounts receivable41 | - | - | - | €245,424 | €266,094 | ▲ 8.4% |
| Cash at bank and in hand54/58 | - | - | - | €380 | €418 | ▲ 10.1% |
| Deferred charges and accrued income490/1 | - | - | - | €5,987 | €0 | ▼ 100% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.3m | €1.0m | €1.0m | €1.0m | €1.2m | ▲ 14.0% |
| Equity10/15 | €59,237 | €98,012 | €100,539 | -€438,544 | -€406,070 | ▲ 7.4% |
| Contributions10/11 | €18,550 | €18,550 | €18,550 | €18,550 | €18,550 | = |
| Capital10 | - | - | - | €18,550 | €18,550 | = |
| Issued capital100 | - | - | - | €18,550 | €18,550 | = |
| Revaluation surpluses12 | - | - | - | €100,000 | €100,000 | = |
| Profit (loss) carried forward14 | -€59,313 | -€20,538 | -€18,011 | -€557,094 | -€524,620 | ▲ 5.8% |
| Amounts payable17/49 | €1.3m | €905,806 | €932,364 | €1.5m | €1.6m | ▲ 7.7% |
| Amounts payable after more than one year17 | €795,363 | €774,397 | €773,397 | €771,397 | €771,397 | = |
| Financial debts170/4 | - | - | - | €771,397 | €771,397 | = |
| Amounts payable within one year42/48 | €471,301 | €131,409 | €158,967 | €707,393 | €818,739 | ▲ 15.7% |
| Financial debts43 | - | - | - | €1,556 | €1,550 | ▼ 0.4% |
| Credit institutions430/8 | - | - | - | €1,556 | €1,550 | ▼ 0.4% |
| Trade debts44 | - | €40,517 | €62,441 | €62,084 | €42,233 | ▼ 32.0% |
| Suppliers440/4 | - | - | - | €62,084 | €42,233 | ▼ 32.0% |
| Advances received on contracts in progress46 | - | - | - | €20,279 | €20,279 | = |
| Taxes, remuneration and social security45 | - | - | - | €597,284 | €642,563 | ▲ 7.6% |
| Taxes450/3 | - | - | - | €597,284 | €642,563 | ▲ 7.6% |
| Other amounts payable47/48 | - | - | - | €26,188 | €112,113 | ▲ 328% |
| Accrued charges and deferred income492/3 | - | - | - | - | €2,331 | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €32,834 | €38,775 | €2,527 | -€539,083 | €32,475 | ▲ 106% |
| + Depreciation and write-downs630 | €29,390 | €26,993 | €26,897 | €25,832 | - | - |
| Operating cash flow (approximation) | €62,224 | €65,768 | €29,424 | -€513,250 | €32,475 | ▲ 106% |
| Investment in fixed assets (approximation) | - | €178,318 | -€3,207 | €51,785 | €0 | ▼ 100% |
| Change in cash | - | - | - | - | €38 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
10-11
Bankruptcy
Opening
Tribunal de l’entreprise du Hainaut, division Charleroi · event 03-11-2025
2024
30-10
Judicial reorganisation
Plan homologation
Tribunal de l’entreprise du Hainaut · event 25-10-2024
04-07
Judicial reorganisation
Extension
Tribunal de l’entreprise du Hainaut · collective agreement · event 27-06-2024
11-04
Judicial reorganisation
Opening
Tribunal de l’entreprise du Hainaut · collective agreement · event 05-04-2024
04-03
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 217 days late
04-03
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 184 days late
2023
08-12
Judicial reorganisation
Opening
Tribunal de l’entreprise du Hainaut · collective agreement · event 30-11-2023
31-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 184 days late
2022
31-12
Financial
Back to profitnet €32,475
Net result €32,475 after one loss-making year.
2021
31-12
Financial
Weakest financial yearnet -€539,083
Net result drops to -€539,083, the lowest in the series.
08-11
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 100 days late
2020
31-12
Financial
Equity above €100,000Eq €100,539 ▲2.6%
3 profitable years in a row build equity to €100,539.
Show earlier events
04-11
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 96 days late
13-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 713 days late
2019
31-12
Financial
Highest result since 2018net €38,775 ▲18.1%
Net result €38,775, the highest in the series.
31-12
Financial
Liquidity triplescurrent ratio 2.34
Current ratio from 0.90 to 2.34; short-term debt falls from €471,301 to €131,409.
23-05
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
24-05
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 297 days late
02-02
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 551 days late
2015
20-11
NBB filing
Annual accounts filed
fiscal year 2014 · full schema · 112 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 8 acts read
About the unread acts
We know of 8 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
8 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, Seneffe
Ground area
10.0 ha
Building footprint
5.3 ha
Volume, LiDAR
477,334 m³
Parcel 52063F0088/00N000, Wallonia · tallest building 16.6 m, ±3 floors. Linked by address, not a title deed.
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 52063F0088/00N000 | Wallonia | 10.0 ha | 1 · 5.3 ha | 16.6 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | KARL DE RIDDER RUE DU PARC 49, 6000 CHAR-
LEROI- .
Date provisoire de cessation de paiement : 03/11/2025 |
03-11-2025 → present |
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Of 82,642 companies in sector 70200 we hold annual accounts for 52,590. 40,600 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded05-09-2011
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
E-invoicing
Not found in the Peppol register
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
Register as of 26 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.