Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 1 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
EPICO from Arlon, company number BE0463410372, closed financial year 2025 with a result of € -107,371 after tax. For that financial year EPICO recorded a gross margin of € -57,131 and equity of € -306,543. Compared with financial year 2024, the result moved from € -51,734 to € -107,371. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on March 16, 2026.
€ -306,543
▼ € 107,371 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -107,371
▼ 108 % more loss than in 2024
Profit after tax over the fiscal year.
Loss, nothing to pay out
Reserves fell to € -375,135.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 24,730
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 762
▼ 21% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 81,007
▼ 19% vs 2024
€ 19,340 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 70,715
▲ 136% vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 39,193 | € -564 | € -41,452 | € -57,131 | ▼ € 15,679 |
| Profit after taxes | € 38,837 | € -608 | € -51,734 | € -107,371 | ▼ € 55,637 |
| Equity | € -196,830 | € -197,438 | € -199,172 | € -306,543 | ▼ € 107,371 |
| Total debts | € 196,937 | € 197,457 | € 376,379 | € 438,195 | ▲ 16% |
| Cash | € 107 | € 19 | € 3,065 | - | |
| Land & buildings | - | - | € 8,826 | € 7,936 | ▼ 10% |
| Retained profit | € -215,422 | € -216,030 | € -267,764 | € -375,135 | ▼ € 107,371 |
| Bank debt | € 0 | € 0 | € 99,492 | € 81,007 | ▼ 19% |
| Balance sheet total | € 107 | € 19 | € 177,207 | € 131,652 | ▼ 26% |
Key figures of EPICO, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 3 March 2027.
What happened to EPICO?
What happened at EPICO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 107,371. filed late Source: NBB ↗
- SRL Alidade became a director. NBB
- Pascal BRASSEUR became a director. NBB
- New establishment in Arlon. KBO
- Start of the company according to the CBE. KBO
In short
From € 38,837 profit in 2022 to € 107,371 loss in 2025.
Best year ever: 2022, with € 38,837 profit.
Management
Behind EPICO are SRL Alidade and Pascal BRASSEUR.
Directors
According to the 2025 annual accounts
Director · represented by Jean-Pascal Durré
since 2023
Pascal BRASSEUR
Director
since 2023
Establishments
Establishment units
Physical locations of this company
Weyler, route de Longwy 538 box A
6700 Arlon
Weyler, route de Longwy 538
6700 Arlon
Active since 19 June 1998
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0463.410.372
- VAT number
- BE 0463.410.372
- Registered office
- Weyler, route de Longwy 538 bus A, 6700 Arlon
- Names & denominations
- EPICO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 3 June 1998
- Peppol
- Active · Active since 31 Dec 2025
- Activities · NACE
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