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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Tight liquidity NBB
Cash and receivables cover 21 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
EUROPESE PARTICIPATIEMAATSCHAPPIJ from Etterbeek, company number BE0700712657, closed financial year 2025 with a result of € -44,243 after tax. For that financial year EUROPESE PARTICIPATIEMAATSCHAPPIJ recorded a gross margin of € 80,004 and equity of € 22 million. Compared with financial year 2024, the result moved from € 155,201 to € -44,243. The company made a loss. 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 6, 2026.
€ 22 million
▲ € 18.1 million vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -44,243
▼ still € 155,201 profit in 2024
Profit after tax over the fiscal year.
€ 454,624
▲ 25% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 3.8 million.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 13,914
▼ 84% vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 48,774 | € 81,591 | € 208,525 | € 80,004 | ▼ 62% |
| Profit after taxes | € -64,501 | € 196,447 | € 155,201 | € -44,243 | ▼ € 199,444 |
| Equity | € 3,568,225 | € 3,764,673 | € 3,919,873 | € 21,974,937 | ▲ € 18.1 million |
| Total debts | € 14,262,645 | € 18,028,882 | € 16,964,505 | € 18,041,427 | ▲ 6% |
| Cash | € 84,762 | € 51,887 | € 363,791 | € 454,624 | ▲ 25% |
| Land & buildings | € 953,499 | € 919,664 | € 867,866 | € 968,913 | ▲ 12% |
| Retained profit | € 3,468,225 | € 3,664,673 | € 3,819,873 | € 3,775,630 | ▼ 1% |
| Bank debt | € 0 | € 640,000 | € 640,000 | € 0 | ▼ 100% |
| Balance sheet total | € 17,830,871 | € 21,793,555 | € 20,884,378 | € 40,016,363 | ▲ 92% |
Key figures of EUROPESE PARTICIPATIEMAATSCHAPPIJ, 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 EUROPESE PARTICIPATIEMAATSCHAPPIJ?
What happened at EUROPESE PARTICIPATIEMAATSCHAPPIJ in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- J5S BV stepped down as director. NBB
- Belgische Renovatiemaatschappij NV stepped down as director. NBB
- Pieter Depoortere Management BV stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 44,243 (▼ € 199,444 vs 2024). filed late Source: NBB ↗
- J5S BV became a director. NBB
- Belgische Renovatiemaatschappij NV became a director. NBB
- Pieter Depoortere Management BV became a director. NBB
- New establishment in Etterbeek. KBO
In short
From € 64,501 loss in 2022 to € 44,243 loss in 2025.
Paid € 12,479 in corporate taxes since 2022.
Best year ever: 2023, with € 196,447 profit.
Management
The stake of VALPIEHEMA comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
EUROPESE PARTICIPATIEMAATSCHAPPIJThe shares are held by VALPIEHEMA (17.5%). It owns 100% of Belgische Hotelontwikkelingsmaatschappij, 100% of Exploitatiemaatschappij IW, 100% of Exploitatiemaatschappij ISK, 100% of Exploitatiemaatschappij NI, 100% of Kobelma and 100% of Belgisch-Franse Ontwikkelingsmaatschappij itself.
Directors
According to the 2025 annual accounts
Director · represented by Jonathan Debucquoy
Also active at: KENNEDY HOTEL, KOBELMA, JURES, Exploitatiemaatschappij IW, UNIBRICKS, BRICKS & LEISURE VASTGOED, EUROPEAN REAL ESTATE - INVESTMENTS, BOUWADVIES EN -COÖRDINATIE +25 more
since 2019 · until 2031
Belgische Renovatiemaatschappij NV
Director · represented by Jochen Debucquoy
Also active at: KENNEDY HOTEL, KOBELMA, Exploitatiemaatschappij IW, BOUWADVIES EN -COÖRDINATIE, EXPLOITATIEMAATSCHAPPIJ ROTATIEPARKING BLANKENBERGE, Real Estate Support Services, EXPLOITATIEMAATSCHAPPIJ ISK, CREADOMUS PROJECTONTWIKKELING +7 more
since 2019 · until 2031
Pieter Depoortere Management BV
Director · represented by Pieter Depoortere
Also active at: KENNEDY HOTEL, KOBELMA, Exploitatiemaatschappij IW, EXPLOITATIEMAATSCHAPPIJ ROTATIEPARKING BLANKENBERGE, Real Estate Support Services, EXPLOITATIEMAATSCHAPPIJ ISK, CREADOMUS PROJECTONTWIKKELING, BELGISCHE RENOVATIEMAATSCHAPPIJ +9 more
since 2019 · until 2031
Shareholders
17.5%
Participations
100%
100%
Société De Participation Europeenne
100%
99.8%
Establishments
Establishment units
Physical locations of this company
Priester Cuypersstraat 3
1040 Etterbeek
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0700.712.657
- VAT number
- BE 0700.712.657
- Registered office
- Priester Cuypersstraat 3, 1040 Etterbeek
- Names & denominations
- EUROPESE PARTICIPATIEMAATSCHAPPIJ · EURPART
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 7 August 2018
- Peppol
- Active · Active since 21 Oct 2026
- Activities · NACE
Activiteiten van holdings
Holdings