Financials
Financial year 2025
EVAPCO EUROPE from Tongeren-Borgloon, company number BE0464685725, closed financial year 2025 with a result of € 2.6 million after tax. For that financial year EVAPCO EUROPE recorded revenue of € 46.2 million and equity of € 23.1 million. Compared with financial year 2024, the result moved from € 2.3 million to € 2.6 million. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 14, 2026.
€ 23.1 million
▲ 13% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 2.6 million
▲ 11% vs 2024
Profit after tax over the fiscal year.
€ 2.1 million
▼ 39% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 20.7 million.
People and assets in 2025
161.9
▲ 5.6 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 13.1 million
▲ 7% vs 2024
€ 80,800 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.
€ 123,065
▼ 6% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 11.5 million
€ 2.7 million is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 7.5 million
▲ 21% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 106 days on average.
€ 2.8 million
▼ 1% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 38,119,348 | € 36,350,165 | € 40,406,504 | € 46,161,618 | ▲ 14% |
| Profit after taxes | € 2,239,860 | € 2,208,458 | € 2,317,925 | € 2,575,480 | ▲ 11% |
| Equity | € 15,976,442 | € 18,183,934 | € 20,501,859 | € 23,077,340 | ▲ 13% |
| Total debts | € 13,009,348 | € 12,076,215 | € 14,149,419 | € 24,256,743 | ▲ 71% |
| Cash | € 5,047,334 | € 6,719,193 | € 3,442,834 | € 2,094,741 | ▼ 39% |
| Land & buildings | € 2,415,201 | € 2,284,414 | € 2,134,410 | € 2,114,155 | ▼ 1% |
| Retained profit | € 13,549,366 | € 15,757,824 | € 18,075,749 | € 20,651,230 | ▲ 14% |
| Dividend | € 2,957,000 | € 0 | € 0 | € 0 | |
| Bank debt | € 0 | € 0 | € 0 | € 11,545,248 | |
| Balance sheet total | € 29,214,589 | € 30,260,149 | € 34,651,278 | € 47,334,083 | ▲ 37% |
| Employees (FTE) | 152.3 | 157.1 | 156.3 | 161.9 | ▲ 5.6 |
Key figures of EVAPCO EUROPE, 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 EVAPCO EUROPE?
What happened at EVAPCO EUROPE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 2.6 million (▲ 11% vs 2024). Source: NBB ↗
- New establishment in Tongeren-Borgloon. KBO
- Hervé Ciocca became a director. NBB
- Jeffrey W. Finch became a director. NBB
- John J. Calkins became a director. NBB
- Wilson Eli Bradley became a director. NBB
- William G. Bartley became a director. NBB
- Andrew T. Stockman became a director. NBB
In short
From € 2.2 million profit in 2022 to € 2.6 million profit in 2025.
Paid € 3.6 million in corporate taxes since 2022.
Best year ever: 2025, with € 2.6 million profit.
Paid out € 3 million in dividends to the owners in total.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind EVAPCO EUROPE are Hervé Ciocca, Jeffrey W. Finch, John J. Calkins, Wilson Eli Bradley, William G. Bartley and Andrew T. Stockman. It owns 100% of Evapco Europe GmbH and 100% of Evapco Europe Ltd. itself.
Directors
According to the 2025 annual accounts
Hervé Ciocca
Administrator-manager
since 2025
Jeffrey W. Finch
Administrator-manager
since 2020
John J. Calkins
Administrator-manager
since 2020
Wilson Eli Bradley
Administrator-manager
since 2020
William G. Bartley
Administrator-manager
since 2020
Andrew T. Stockman
Administrator-manager
since 2020
Establishments
Establishment units
Physical locations of this company
Heersterveldweg 19
3700 Tongeren-Borgloon
INDUSTRIETERREIN OOST 4010
3700 Tongeren
Active since 20 December 2000
Vrijheidweg 12
3700 Tongeren-Borgloon
Active since 1 December 2025
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Google Workspace
Hosting
DIGITALOCEAN-ASN - DigitalOcean, LLC, US
Domain
Domain
evapco.eu
Registrar
InterNetX GmbH
Website info
Features
Security
Details
- Company number
- 0464.685.725
- VAT number
- BE 0464.685.725
- Registered office
- Heersterveldweg 19, 3700 Tongeren-Borgloon
- Names & denominations
- EVAPCO EUROPE
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 4 December 1998
- Peppol
- Active · Active since 3 Dec 2025
- Contact
- evapco.eu
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