EPW
ActiveThe computed 12-month bankruptcy probability of EPW is 3.1% (moderate). The 2025 annual accounts show negative equity (€-96k) and a net result of €-68k. Equity is shrinking by ~183.8% per year across the filed fiscal years. Its solvency ranks better than 10% of 11238 sector peers (fiscal year 2025). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
28
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0=
Solvency0▼-7
Growth32=
Track record94
Bankruptcy probability, 12 months
3.1%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.32 against 0.55 in 2024; short-term debt: 180.4% and cash: 41.8% of total assets), and equity is negative.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
+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
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
-80.4%
Return on assets
-57.5%
Age of the figures
9 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
232425
2023 to 2025 · latest year €-96k
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 17-07-2026, 14 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
14 d early
2024
15 d early
2023
19 d early
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
19-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€-96k▼ 251%
2024 · €-27k
2023: €36k
2024: €-27k
2023 → 2025
Total assets
€119k▼ 21.5%
2024 · €152k
2023: €216k
2024: €152k
2023 → 2025
Net result
€-68k▼ 8.5%
2024 · €-63k
2023: €31k
2024: €-63k
2023 → 2025
Working capital
€-147k▼ 82.6%
2024 · €-80k
2023: €-20k
2024: €-80k
2023 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202320242025Trend
Equity€36k-€-27k€-96k▼ 251%
Operating result€38k-€-61k€-66k▼ 8.7%
Net result€31k-€-63k€-68k▼ 8.5%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €66k in 2025 against €61k in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €118k
Fixed assets
€50k▼ 3.3%
Current assets
€68k▼ 30.8%
Key figures and ratios
EBITDA
€-53k▼
2024 · €-48k
Cash flow
€-55k▼
2024 · €-50k
Solvency
-80.4%▼
2024 · -18.0%
Current ratio
0.32▼
2024 · 0.55
Quick ratio
0.32▼
2024 · 0.51
Debt / equity
-2.24▲
2024 · -6.56
ROA
-57.5%▼
2024 · -41.6%
Interest coverage
-22.40▼
2024 · -21.35
Debt
€215k▲
2024 · €179k
Debt ≤ 1 year
€215k▲
2024 · €179k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€152k€119k▼
Formation expenses20€2k€1k▼
Fixed assets21/28€51k€50k▼
Intangible fixed assets21€51k€49k▼
Tangible fixed assets22/27€773€476▼
Furniture and vehicles24€773€476▼
Current assets29/58€99k€68k▼
Stocks and contracts in progress3€8k€0▼
Stocks30/36€8k€0▼
Amounts receivable within one year40/41€51k€18k▼
Trade receivables40€33k€17k▼
Other amounts receivable41€17k€982▼
Cash at bank and in hand54/58€40k€50k▲
Deferred charges and accrued income490/1€194€297▲
Equity and liabilities
Total equity and liabilities10/49€152k€119k▼
Equity10/15€-27k€-96k▼
Contributions10/11€5k€5k=
Reserves13€0-
Distributable reserves133€0-
Profit (loss) carried forward14€-32k€-101k▼
Amounts payable17/49€179k€215k▲
Amounts payable within one year42/48€179k€215k▲
Trade debts44€172k€121k▼
Suppliers440/4€172k€121k▼
Advances received on contracts in progress46-€6k
Taxes, remuneration and social security45€7k€20▼
Taxes450/3€7k€20▼
Other amounts payable47/48€0€88k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€13k€13k▲
Other operating charges640/8€226€128▼
Gross operating margin9900€-48k€-53k▼
Operating profit (loss)9901€-61k€-66k▼
Financial charges65/66B€2k€2k▲
Recurring financial charges65€2k€2k▲
Profit (loss) for the period before taxes9903€-63k€-68k▼
Income taxes67/77€0-
Profit (loss) for the period9904€-63k€-68k▼
Profit (loss) for the period to be appropriated9905€-63k€-68k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-63k€-101k▼
Profit (loss) brought forward from the previous period14P-€-32k
Transfer from equity791/2€31k€0▼
Transfer to equity691/2€0-
To other reserves6921€0-
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
17-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Weakest financial yearnet €-68k
Net result drops to €-68k, the lowest in the series.
16-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
12-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Maaseik · 1 establishment unit since 2023
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Weertersteenweg 1773680 MaaseikGround area
178 m²
Building footprint
178 m²
Volume, LiDAR
934 m³
Parcel 72021A1047/00A005, Flanders · tallest building 9.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
EPW
since 20232.346.082.976
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 72021A1047/00A005 | Flanders | 178 m² | 1 · 178 m² | 9.1 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
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BE 0685.559.475
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BE 0882.380.690
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MORRIS C.
BE 0479.553.251
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Ali ORAYBI
BE 0786.934.472
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VADECO
BE 0465.109.456
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Of 409 companies in sector 46110 we hold annual accounts for 173. 107 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded15-06-2023
Fiscal year end31-12
Activities, NACEBEL
46110Wholesale trade
63120Computing infrastructure, data processing, hosting and other information service activities
63910Web portal activities
73110Advertising agencies
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.