EPMI
ActiveSummary
EPMI has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €855,944 and a net result of €160,298. Equity is growing by ~39.3% per year across the filed fiscal years. Its solvency ranks better than 33% of 2033 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability52▼-21
Solvency56▲+5
Growth52▼-26
Track record94
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €55,000 at 30 days acceptable
Liquidity ample (current ratio 3.2 against 3.55 in 2024; short-term debt: 7.7% and cash: 18.1% of total assets), but 69.3% of the assets are financed with debt.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 dateAge against the risk zone
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 71
Relative position
BE, all sectors
reference
Architectural and engineering activities; technical testing and analysis (NACE 71)
about 56% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
30.7%
Return on assets
5.7%
Age of the figures
9 mo
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 27-06-2026, 34 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
34 d early
2024
22 d early
2023
58 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 38 days before the deadline; the sector median for financial year 2024 is 8 days before the deadline, and 33% 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 27 June (3 of the last 3 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, abbreviated schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€160,298▼ 58.6%
2024 · €387,076
Working capital
€474,243▲ 11.8%
2024 · €424,214
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 71, Architectural and engineering activities; technical testing and analysis, 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
Line202320242025
Operating result€62,116-€164,215▲ 164%€285,973▲ 74.1%
Net result€258,571above the sector's middle half-€387,076above the sector's middle half▲ 49.7%€160,298above the sector's middle half▼ 58.6%
Equity€308,571above the sector's middle half-€695,647within the sector's middle half▲ 125%€855,944above the sector's middle half▲ 23.0%
Total assets€2.4mabove the sector's middle half-€2.7mwithin the sector's middle half▲ 12.5%€2.8mabove the sector's middle half▲ 3.7%
Debt€2.1m-€2.0m▼ 4.2%€1.9m▼ 3.1%
Working capital€150,023above the sector's middle half-€424,214within the sector's middle half▲ 183%€474,243above the sector's middle half▲ 11.8%
Solvency12.9%below the sector's middle half-25.9%within the sector's middle half▲ 12.9pp30.7%within the sector's middle half▲ 4.8pp
Current ratio2.07within the sector's middle half-3.55above the sector's middle half▲ 1.483.20within the sector's middle half▼ 0.35
Return on assets (ROA)10.8%within the sector's middle half-14.4%within the sector's middle half▲ 3.6pp5.7%within the sector's middle half▼ 8.6pp
above
within
below
the middle half (P25 to P75) of NACE 71, Architectural and engineering activities; technical testing and analysis, each year against the same schema; no band under 30 filings.
Why a figure moved sharply
- 2025 Net result -59% on 2024. The accounts now follow the abbreviated schema, last year the full schema.
Result per fiscal year
Operating resultNet result
The operating result has risen two years in a row; 2025 is 74% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.8m
Fixed assets
€2.1m =
Current assets
€689,915 ▲ 16.8%
Equity and liabilities €2.8m
Equity
€855,944 ▲ 23.0%
Debt
€1.9m ▼ 3.1%
Debt's share of the balance-sheet total falls from 74.1% to 69.3%. Equity is higher and debt is lower.
Key figures and ratios
Debt to equity
2.26▼
2024 · 2.87
ROE
18.7%▼
2024 · 55.6%
Debt ≤ 1 year
€215,672▲
2024 · €166,386
Debt > 1 year
€1.7m▼
2024 · €1.8m
Income taxes
€49,263▲
2024 · €23,156
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Other operating charges640/8 | - | €5,454 | €655 | ▼ 88.0% |
| Gross operating margin9900 | €62,116 | €169,669 | €286,628 | ▲ 68.9% |
| Operating profit (loss)9901 | €62,116 | €164,215 | €285,973 | ▲ 74.1% |
| Financial income75/76B | €215,000 | €301,173 | €561 | ▼ 99.8% |
| Recurring financial income75 | €215,000 | €301,173 | €561 | ▼ 99.8% |
| Financial charges65/66B | €7,676 | €55,156 | €76,973 | ▲ 39.6% |
| Recurring financial charges65 | €7,676 | €55,156 | €76,973 | ▲ 39.6% |
| Profit (loss) for the period before taxes9903 | €269,440 | €410,232 | €209,560 | ▼ 48.9% |
| Income taxes67/77 | €10,869 | €23,156 | €49,263 | ▲ 113% |
| Profit (loss) for the period9904 | €258,571 | €387,076 | €160,298 | ▼ 58.6% |
| Profit (loss) for the period to be appropriated9905 | €258,571 | €387,076 | €160,298 | ▼ 58.6% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €2.4m | €2.7m | €2.8m | ▲ 3.7% |
| Fixed assets21/28 | €2.1m | €2.1m | €2.1m | = |
| Financial fixed assets28 | €2.1m | €2.1m | €2.1m | = |
| Current assets29/58 | €290,814 | €590,600 | €689,915 | ▲ 16.8% |
| Amounts receivable within one year40/41 | €238,349 | €318,624 | €178,118 | ▼ 44.1% |
| Trade receivables40 | €21,888 | €18,624 | €168,624 | ▲ 805% |
| Other amounts receivable41 | €216,460 | €300,000 | €9,494 | ▼ 96.8% |
| Cash at bank and in hand54/58 | €52,466 | €264,640 | €504,546 | ▲ 90.7% |
| Deferred charges and accrued income490/1 | - | €7,336 | €7,251 | ▼ 1.2% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €2.4m | €2.7m | €2.8m | ▲ 3.7% |
| Equity10/15 | €308,571 | €695,647 | €855,944 | ▲ 23.0% |
| Contributions10/11 | €50,000 | €50,000 | €50,000 | = |
| Reserves13 | €258,000 | €645,000 | €805,000 | ▲ 24.8% |
| Distributable reserves133 | €258,000 | €645,000 | €805,000 | ▲ 24.8% |
| Profit (loss) carried forward14 | €571 | €647 | €944 | ▲ 46.0% |
| Amounts payable17/49 | €2.1m | €2.0m | €1.9m | ▼ 3.1% |
| Amounts payable after more than one year17 | €1.9m | €1.8m | €1.7m | ▼ 6.4% |
| Financial debts170/4 | €1.3m | €1.2m | €1.1m | ▼ 9.6% |
| Other amounts payable178/9 | €600,000 | €600,000 | €600,000 | = |
| Amounts payable within one year42/48 | €140,791 | €166,386 | €215,672 | ▲ 29.6% |
| Current portion of amounts payable after more than one year42 | €108,548 | €112,884 | €117,394 | ▲ 4.0% |
| Trade debts44 | €1,472 | €1,999 | €2,351 | ▲ 17.6% |
| Suppliers440/4 | €1,472 | €1,999 | €2,351 | ▲ 17.6% |
| Taxes, remuneration and social security45 | €24,926 | €33,748 | €64,674 | ▲ 91.6% |
| Taxes450/3 | €21,430 | €30,730 | €62,292 | ▲ 103% |
| Remuneration and social security454/9 | €3,496 | €3,019 | €2,382 | ▼ 21.1% |
| Other amounts payable47/48 | €5,844 | €17,754 | €31,253 | ▲ 76.0% |
| Accrued charges and deferred income492/3 | - | - | €7,125 | - |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €258,571 | €387,076 | €160,298 | ▼ 58.6% |
| Operating cash flow (approximation) | €258,571 | €387,076 | €160,298 | ▼ 58.6% |
| Investment in fixed assets (approximation) | - | €0 | €0 | - |
| Change in cash | - | €212,174 | €239,906 | ▲ 13.1% |
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
Next filing, fiscal year 2026, expected by
2026
04-08
State Gazette act
Registered officeDirector in office · Registered-office move3 facts ▸
State Gazette act
Registered office
Director in office · Registered-office move3 facts ▸
- Director in office, Pierre GASPARD (sole director)
- General meeting, 2026-07
- Registered-office move, Rue d'Italie, 33 à 4500 HUY
27-06
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Weakest financial yearnet €160,298 ▼58.6%
Net result drops to €160,298, the lowest in the series.
09-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Highest result since 2023net €387,076 ▲49.7%
Net result €387,076, the highest in the series.
31-12
Financial
Equity above €500,000Eq €695,647 ▲125%
2 profitable years in a row build equity to €695,647.
03-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 2 acts read
About the unread acts
Of the 2 Belgian State Gazette acts we know for this company, 1 has been read. The other one has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
2 acts for this company are in the Belgian State Gazette, of which we have read 1. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Huy · 1 establishment unit since 2023
Ground area
1,191 m²
Building footprint
337 m²
Volume, LiDAR
3,388 m³
2 parcels, Wallonia · tallest building 15.4 m, ±4 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
EPMI
since 20232.348.871.628
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 61015C1138/00A000 | Wallonia | 1,000 m² | 1 · 187 m² | 10.9 m · 3 fl. |
| 61031B0711/00A002 | Wallonia | 190 m² | 1 · 150 m² | 15.4 m · 4 fl. |
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.
Articles of association
Other statement
Mention verso nom et signature, Nom et signature
Structure & network
Owners and holdings
1 owner · 1 holding · 2 subsidiaries in the treeOwners 1
- Pierre GASPARDnatural personSourceown accounts 2025share not stated
Holdings 1
-
100%
All subsidiaries, including indirect ones 2
Companies in which this company or one of its subsidiaries holds more than half, or which it consolidates according to the LEI register.
FLAinvest 100%1 subsidiary
- HAQUENNE-S.C.S.I. 100%
According to the 2025 annual accounts of EPMI and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
Recognitions · licences · registrations
Legal Entity Identifier
254900NG62NNCD9N9660
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Of 11,577 companies in sector 71121 we hold annual accounts for 6,570. 3,661 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
Founded11-08-2023
Fiscal year end31-12
Activities, NACEBEL 2025
71121Engineering and related technical consultancy, excluding land surveyors
70200Business and other management consultancy
74999Other professional, scientific and technical activities
85599Other education
E-invoicing
Reachable via Peppol
Peppol ID
0208:0804755055
Registered
07-07-2025
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.