Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 6 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
EPSILON from Grimbergen, company number BE0414757845, closed financial year 2025 with a result of € -2,479 after tax. For that financial year EPSILON recorded a gross margin of € 1.6 million and equity of € 1.9 million. Compared with financial year 2024, the result moved from € 124,071 to € -2,479. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 17, 2026.
€ 1.9 million
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -2,479
▼ still € 124,071 profit in 2024
Profit after tax over the fiscal year.
€ 74,423
▼ 26% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 797,347.
People and assets in 2025
25.5
▲ 3.2 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 1.3 million
▲ 28% vs 2024
€ 51,400 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 132,165
▲ 10% vs 2024
Of which on lease € 64,773.
Debts at end 2025
€ 56,669
▲ 64% vs 2024
€ 25,507 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 550,448
▼ 28% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 228,681
▲ 40% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 8,378,888 | - | - | - | |
| Gross margin | - | € 1,601,361 | € 1,406,899 | € 1,625,459 | ▲ 16% |
| Profit after taxes | € 396,823 | € 493,361 | € 124,071 | € -2,479 | ▼ € 126,550 |
| Equity | € 2,129,340 | € 1,772,701 | € 1,896,772 | € 1,894,293 | |
| Total debts | € 676,036 | € 693,042 | € 2,477,704 | € 2,217,657 | ▼ 10% |
| Cash | € 76,747 | € 97,968 | € 100,302 | € 74,423 | ▼ 26% |
| Land & buildings | - | - | - | € 20,315 | |
| Retained profit | € 1,032,394 | € 675,755 | € 799,826 | € 797,347 | |
| Dividend | € 0 | € 850,000 | € 0 | € 0 | |
| Bank debt | € 0 | € 0 | € 34,549 | € 56,669 | ▲ 64% |
| Balance sheet total | € 2,805,376 | € 2,465,743 | € 4,374,476 | € 4,111,949 | ▼ 6% |
| Employees (FTE) | 19.1 | 19 | 22.3 | 25.5 | ▲ 3.2 |
Key figures of EPSILON, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to EPSILON?
What happened at EPSILON in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 2,479 (▼ € 126,550 vs 2024). Source: NBB ↗
- E.A.M. Van Osta stepped down as director. NBB
- C.M.F. Liekens stepped down as director. NBB
- New establishment in Asse. KBO
- E.A.M. Van Osta became a director. NBB
- C.M.F. Liekens became a director. NBB
- New establishment in Merchtem. KBO
- New establishment in Grimbergen. KBO
In short
From € 396,823 profit in 2022 to € 2,479 loss in 2025.
Paid € 363,938 in corporate taxes since 2022.
Best year ever: 2023, with € 493,361 profit.
On average € 63,700 of value added per employee in 2025.
Management
The stake of Teweka comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
EPSILONThe shares are held by Hubo België NV (100%) and Teweka (0%).
Directors
According to the 2025 annual accounts
E.A.M. Van Osta
Managing director
Also active at: A.I.T. IMPORT, Anciens Etablissements Robert Collette, PADIS, Hubo België, Spabois, SAMBRE - BOIS, Dubomat, Assist4U +51 more
since 2020 · until 2026
C.M.F. Liekens
Managing director
Also active at: A.I.T. IMPORT, Anciens Etablissements Robert Collette, PADIS, Hubo België, Spabois, SAMBRE - BOIS, Dubomat, Assist4U +53 more
since 2020 · until 2026
Shareholders
100%
0%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Wolvertemsesteenweg 248
1850 Grimbergen
Stoofstraat 25
1785 Merchtem
Active since 15 September 2004
Brusselsesteenweg 416
1730 Asse
Active since 17 July 2024
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0414.757.845
- VAT number
- BE 0414.757.845
- Registered office
- Wolvertemsesteenweg 248, 1850 Grimbergen
- Names & denominations
- EPSILON
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 13 January 1975
- Peppol
- Active · Active since 15 Dec 2025
- Activities · NACE
Overige niet-gespecialiseerde detailhandel
Overige niet-gespecialiseerde detailhandel in winkels (verkoop van overwegend niet-voedingsmiddelen met verkoopsoppervlakte van mind er dan 2.500 m2)
Detailhandel in ijzerwaren, bouwmaterialen, verf en glas (algemeen assortiment)
Detailhandel in ijzerwaren, verf, bouwmaterialen en glas (inclusief doe-het-zelfzaken) met een verkoopsoppervlakte vanaf 400 m2.
Detailhandel in niet-gespecialiseerde winkels waarbij voedings- en genotmiddelen niet overheersen (verkoopoppervlakte < 2500 m²)