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 2 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 30 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
E2S from Nazareth-De Pinte, company number BE0670647904, closed financial year 2025 with a result of € -127,610 after tax. For that financial year E2S recorded a gross margin of € 313,591 and equity of € -163,011. Compared with financial year 2024, the result moved from € -65,946 to € -127,610. 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 April 30, 2026.
€ -163,011
▼ € 127,610 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -127,610
▼ 94 % more loss than in 2024
Profit after tax over the fiscal year.
€ 9,579
▼ 77% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -188,011.
People and assets in 2025
5.5
▼ 0.2 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 409,203
▲ 2% vs 2024
€ 74,400 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.
€ 2,564
▼ 64% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 135,023
▲ 77% vs 2024
Loans from banks and other lenders, long and short.
€ 228,828
▲ 55% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 96,475
▲ 18% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 287,677 | € 385,519 | € 369,689 | € 313,591 | ▼ 15% |
| Profit after taxes | € 10,549 | € -50,997 | € -65,946 | € -127,610 | ▼ € 61,664 |
| Equity | € 81,543 | € 30,546 | € -35,401 | € -163,011 | ▼ € 127,610 |
| Total debts | € 436,130 | € 795,618 | € 456,329 | € 844,489 | ▲ 85% |
| Cash | € 30,199 | € 26,729 | € 42,014 | € 9,579 | ▼ 77% |
| Retained profit | € 56,543 | € 5,546 | € -60,401 | € -188,011 | ▼ € 127,610 |
| Bank debt | € 57,535 | € 123,984 | € 76,383 | € 135,023 | ▲ 77% |
| Balance sheet total | € 517,673 | € 826,164 | € 420,929 | € 681,479 | ▲ 62% |
| Employees (FTE) | - | - | 5.7 | 5.5 | ▼ 0.2 |
Key figures of E2S, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 April 2027.
What happened to E2S?
What happened at E2S in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 127,610. Source: NBB ↗
- Capritech became a director. NBB
- Gunnar Pille became a director. NBB
- Dirk Van Doren became a director. NBB
- New establishment in Nazareth-De Pinte. KBO
- Start of the company according to the CBE. KBO
In short
From € 10,549 profit in 2022 to € 127,610 loss in 2025.
Paid € 1,884 in corporate taxes since 2022.
Best year ever: 2022, with € 10,549 profit.
On average € 57,000 of value added per employee in 2025.
Management
Behind E2S are Capritech, Gunnar Pille and Dirk Van Doren. Gunnar Pille is also behind VDP INDUSTRIES, SEQUENT, VDP AUTOMATION and KVERKO. Dirk Van Doren is also behind VDP INDUSTRIES, PM Solutions, VDP AUTOMATION and KVERKO.
Directors
According to the 2025 annual accounts
Director · represented by Lippens Peter
since 2023
since 2023
since 2023
Establishments
Establishment units
Physical locations of this company
Venecoweg 25
9810 Nazareth-De Pinte
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 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.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
COMBELL-AS, BE
Domain
Domain
e2s.support
Registered
2016-12-25
Registrar
Key-Systems, LLC
Expires
2026-12-25
Website info
Features
Security
Network
Details
- Company number
- 0670.647.904
- VAT number
- BE 0670.647.904
- Registered office
- Venecoweg 25, 9810 Nazareth-De Pinte
- Names & denominations
- E2S
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 2 February 2017
- Peppol
- Active · Active since 21 Oct 2026
- Contact
- e2s.support
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