Financials
Financial year 2025
Epsilon Cities from Bree, company number BE0465582182, closed financial year 2025 with a result of € 66.4 million after tax. For that financial year Epsilon Cities recorded a gross margin of € 431,446 and equity of € 84.4 million. Compared with financial year 2024, the result moved from € 2.5 million to € 66.4 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 August 13, 2026.
€ 84.4 million
▲ € 66.4 million vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 66.4 million
▲ € 63.9 million vs 2024
Profit after tax over the fiscal year.
€ 2.5 million
▼ 43% 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 € 84.3 million.
People and assets in 2025
€ 394
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 175,659
▲ 83% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 116,916
▲ € 109,920 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 30,851
▼ 79% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 630,869 | € 652,161 | € 661,944 | € 431,446 | ▼ 35% |
| Profit after taxes | € 503,148 | € 383,496 | € 2,498,530 | € 66,419,666 | ▲ € 63.9 million |
| Equity | € 18,571,511 | € 18,955,007 | € 17,953,536 | € 84,373,203 | ▲ € 66.4 million |
| Total debts | € 2,238,892 | € 2,990,983 | € 2,427,179 | € 147,766 | ▼ 94% |
| Cash | € 554,040 | € 22,533 | € 4,384,574 | € 2,485,891 | ▼ 43% |
| Land & buildings | € 2,123,504 | € 1,907,957 | € 1,784,706 | € 1,730,522 | ▼ 3% |
| Retained profit | € 18,467,511 | € 18,851,007 | € 17,849,536 | € 84,269,203 | ▲ € 66.4 million |
| Dividend | € 0 | € 0 | € 3,500,000 | € 0 | ▼ 100% |
| Bank debt | € 2,154,480 | € 2,744,160 | € 63,738 | € 0 | ▼ 100% |
| Balance sheet total | € 20,810,403 | € 21,945,990 | € 20,380,715 | € 84,520,969 | ▲ € 64.1 million |
Key figures of Epsilon Cities, 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 Cities?
What happened at Epsilon Cities in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Dirk Gorre stepped down as director. NBB
- Danielle Vandormael stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 66.4 million (▲ € 63.9 million vs 2024). filed late Source: NBB ↗
- Dirk Gorre became a director. NBB
- Danielle Vandormael became a director. NBB
- New establishment in Bree. KBO
- Start of the company according to the CBE. KBO
In short
From € 503,148 profit in 2022 to € 66.4 million profit in 2025.
Paid € 994,274 in corporate taxes since 2022.
Best year ever: 2025, with € 66.4 million profit.
Paid out € 3.5 million in dividends to the owners in total.
Management
It owns 99.9% of Epsilon and 50% of Berlichingen Immobilienverwaltungs Gmbh itself.
Directors
According to the 2025 annual accounts
since 2024 · until 2030
since 2024 · until 2030
Establishments
Establishment units
Physical locations of this company
Industrieterrein Kanaal-Noord 1159
3960 Bree
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 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
- 0465.582.182
- VAT number
- BE 0465.582.182
- Registered office
- Industrieterrein Kanaal-Noord 1159, 3960 Bree
- Names & denominations
- Epsilon Cities
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 4 March 1999
- Peppol
- Active · Active since 23 Sept 2025
- Activities · NACE
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