IMMO EPPAM
ActiveIMMO EPPAM has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €53k and a net result of €2k. Equity is growing by ~3.4% per year across the filed fiscal years. Its solvency ranks better than 28% of 13882 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability22▲+8
Solvency4=
Growth78=
Stability100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3k at 30 days only on tighter terms
Liquidity short (current ratio 0.22 against 0.2 in 2024), and 93.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
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
6.5%
Return on assets
0.3%
Age of the figures
8 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 12-07-2026, 19 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
19 d early
2024
13 d early
2023
13 d early
2022
12 d early
2021
30 d early
2020
21 d early
2019
25 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
12-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€2k▲ 61.6%
2024 · €1k
2018: €1k
2019: €2k
2020: €4k
2021: €356
2022: €289
2023: €2k
2024: €1k
2018 → 2025
Working capital
€-37k▲ 43.1%
2024 · €-65k
2018: €-26k
2019: €-35k
2020: €-35k
2021: €-41k
2022: €-20k
2023: €-21k
2024: €-65k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€47k-€47k▲ 0.6%€49k▲ 4.3%€51k▲ 2.9%€53k▲ 4.5%
Operating result€2k-€1k▼ 41.9%€3k▲ 195%€9k▲ 156%€10k▲ 16.2%
Net result€356-€289▼ 18.8%€2k▲ 606%€1k▼ 30.3%€2k▲ 61.6%
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 16% above 2024 and is the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €809k
Fixed assets
€799k▼ 4.4%
Current assets
€11k▼ 36.5%
Equity and liabilities €809k
Equity
€53k▲ 4.5%
Debt
€756k▼ 5.6%
The debt ratio falls from 94.0% to 93.5%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€52k▲
2024 · €35k
Cash flow
€44k▲
2024 · €28k
Solvency
6.5%▲
2024 · 6.0%
Current ratio
0.22▲
2024 · 0.20
Quick ratio
0.22▲
2024 · 0.20
Debt / equity
14.27▼
2024 · 15.80
ROE
4.3%▲
2024 · 2.8%
ROA
0.3%▲
2024 · 0.2%
Interest coverage
7.94▲
2024 · 6.60
Debt
€756k▼
2024 · €801k
Debt ≤ 1 year
€48k▼
2024 · €82k
Debt > 1 year
€708k▼
2024 · €719k
Income taxes
€1k▼
2024 · €2k
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€852k€809k▼
Fixed assets21/28€835k€799k▼
Tangible fixed assets22/27€835k€799k▼
Land and buildings22€772k€745k▼
Plant, machinery and equipment23€1k€814▼
Furniture and vehicles24€39k€32k▼
Other tangible fixed assets26€23k€20k▼
Current assets29/58€17k€11k▼
Amounts receivable within one year40/41€13k€7k▼
Trade receivables40€13k€6k▼
Other amounts receivable41€134€1k▲
Cash at bank and in hand54/58€527€243▼
Deferred charges and accrued income490/1€3k€3k▼
Equity and liabilities
Total equity and liabilities10/49€852k€809k▼
Equity10/15€51k€53k▲
Contributions10/11€25k€25k=
Reserves13€7k€7k=
Distributable reserves133€7k€7k=
Profit (loss) carried forward14€19k€21k▲
Amounts payable17/49€801k€756k▼
Amounts payable after more than one year17€719k€708k▼
Financial debts170/4€137k€129k▼
Other amounts payable178/9€582k€579k▼
Amounts payable within one year42/48€82k€48k▼
Current portion of amounts payable after more than one year42€7k€8k▲
Trade debts44€13k€21k▲
Suppliers440/4€13k€21k▲
Taxes, remuneration and social security45€8k€9k▲
Taxes450/3€5k€5k▲
Remuneration and social security454/9€3k€3k=
Other amounts payable47/48€53k€10k▼
Accrued charges and deferred income492/3-€290
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€26k€41k▲
Other operating charges640/8€948€1k▲
Gross operating margin9900€36k€53k▲
Operating profit (loss)9901€9k€10k▲
Financial income75/76B-€1
Recurring financial income75-€1
Financial charges65/66B€5k€7k▲
Recurring financial charges65€5k€7k▲
Profit (loss) for the period before taxes9903€3k€4k▲
Income taxes67/77€2k€1k▼
Profit (loss) for the period9904€1k€2k▲
Profit (loss) for the period to be appropriated9905€1k€2k▲
Appropriation of the result
Profit (loss) to be appropriated9906€19k€21k▲
Profit (loss) brought forward from the previous period14P€18k€19k▲
The notes to these accounts (8 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
12-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
18-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
18-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
19-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial
Weakest financial yearnet €289 ▼18.8%
Net result drops to €289, the lowest in the series; recovery starts the following year.
01-07
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
10-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Highest result since 2018net €4k ▲128%
Net result €4k, the highest in the series.
06-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
05-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
29-06
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
30-06
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 directors, no change since 2023
PINEUR Eric
CurrentDirector · since 31-10-2023
31-10-2023
PINEUR Eric: Resigned as Gérant
31-10-2023
PINEUR Eric: Appointed as Director
31-10-2023
Anne-Michèle PAUL: Resigned as Gérant
30-06-2022
Anne-Michèle PAUL: Resigned as Director (executive)
Location & real-estate footprint
Registered office, Geer
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.
Impasse Riga(LSS) 14250 GeerGround area
6,064 m²
Building footprint
149 m²
Volume, LiDAR
1,255 m³
Parcel 64043A0087/00K000, Wallonia · tallest building 9.8 m, ±3 floors. Linked by address, not a title deed.
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 64043A0087/00K000 | Wallonia | 6,064 m² | 1 · 149 m² | 9.8 m · 3 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
CARRE - MEGA
BE 0462.776.112
Diest · Eq €53k
VDV IMMO
BE 0749.775.653
Assenede · Eq €53k
GOLDEN SET
BE 0722.904.673
Destelbergen · Eq €53k
IMMA
BE 0441.518.660
Kortrijk · Eq €53k
DOMAINE DU CHATEAU DE FREUX
BE 0640.813.969
Libramont-Chevigny · Eq €53k
Of 9,094 companies in sector 68201 we hold annual accounts for 6,725. 3,400 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded23-09-2008
Fiscal year end31-12
Activities, NACEBEL
68201Renting and operating of own or leased residential real estate, excluding social housing
68203Renting and operating of own or leased non-residential real estate, excluding land
Sources
Crossroads Bank for EnterprisesNational Bank · 17 filingsAddress and cadastre registers
Data from official sources, last processed on 12-09-2026. Scores and ratios are computed by Checked and are not a credit decision.