Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
-
Tight liquidity NBB
Cash and receivables cover 3 % of short-term debt in 2025; threshold 65 %.
-
Busy address KBO
48 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
EPICo II from Brussel, company number BE0786413840, closed financial year 2025 with a result of € -156,520 after tax. Compared with financial year 2024, the result moved from € -634,241 to € -156,520. 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 June 30, 2026.
€ 25.4 million
▲ 50% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -156,520
▲ 75 % less loss than in 2024
Profit after tax over the fiscal year.
€ 126,711
▼ 55% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -3.6 million.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 87,920
▲ 21% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 19 days on average.
€ 198
▲ 3% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | - | - | € 289,500 | - | |
| Profit after taxes | € -1,202,115 | € -1,650,940 | € -634,241 | € -156,520 | ▲ € 477,721 |
| Equity | € 4,322,885 | € 9,984,017 | € 16,909,776 | € 25,381,256 | ▲ 50% |
| Total debts | € 40,393 | € 3,470,099 | € 2,334,466 | € 3,867,930 | ▲ 66% |
| Cash | € 359,278 | € 97,465 | € 279,616 | € 126,711 | ▼ 55% |
| Retained profit | € -1,202,115 | € -2,853,055 | € -3,487,296 | € -3,643,816 | ▼ € 156,520 |
| Balance sheet total | € 4,363,278 | € 13,454,116 | € 19,244,242 | € 29,249,186 | ▲ 52% |
Key figures of EPICo II, 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 EPICo II?
What happened at EPICo II in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 156,520. Source: NBB ↗
- New establishment in Brussel. KBO
- Start of the company according to the CBE. KBO
- PMV Fund Management NV became a director. NBB
In short
From € 1.2 million loss in 2022 to € 156,520 loss in 2025.
Pays suppliers within 19 days on average.
A new publication or filing at EPICo II? We notify you, reason included.
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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
The stake of Participatiemaatschappij Vlaanderen, PMV E-II Invest, PMV Fund Management comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
EPICo IIBehind EPICo II is PMV Fund Management NV. The shares are held by Participatiemaatschappij Vlaanderen (24.7%), PMV E-II Invest (2%) and PMV Fund Management (0.2%). It owns 100% of EPICO II WATER, 66.7% of Amethyst Energy Holding, 63.3% of PPPCONNECT, 63.3% of PPPCONNECT2, 50% of EPICO II WIND and 42.3% of Greenpulse itself.
Directors
According to the 2025 annual accounts
Administrator-manager · represented by Lucas Van Rooijen
Also active at: FIETSEN WILDIERS, INVEST FOR JOBS, Inmanta, CYCLE VALLEY, Sky Holding Belgium, PMV E-II Invest
since 2022
Shareholders
Participations
100%
Amethyst Energy Holding
66.7%
PPPCONNECT
63.3%
PPPCONNECT2
63.3%
50%
42.3%
35.2%
Establishments
Establishment units
Physical locations of this company
Oude Graanmarkt 63
1000 Brussel
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 48 companies are registered at this address.
All companies at this address →Moeve Chemicals Belgium
€ 1.3 million gross margin · 2025
BIOTECH FONDS VLAANDEREN
Fietsersbond
€ 686,591 gross margin · 2025
Participatiemaatschappij Vlaanderen same network
€ 16.8 million revenue · 2025
SUSTAINABLE ENERGY VENTURES
+43 more
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
Mimecast
Hosting
PROCOLIX, NL
Domain
Domain
epicofund.eu
Registrar
Nomeo bvba
Website info
Features
Security
Network
Details
- Company number
- 0786.413.840
- VAT number
- BE 0786.413.840
- Registered office
- Oude Graanmarkt 63, 1000 Brussel
- Names & denominations
- EPICo II
- Enterprise type
- Rechtspersoon
- Legal form
- Limited partnership
- Legal situation
- Normale toestand
- Start date
- 20 May 2022
- Peppol
- Active · Active since 1 Jan 2001
- Contact
- epicofund.eu [email protected] 0475770417
- Activities · NACE
Overige kredietverstrekking n.e.g.
Activiteiten van holdings
Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies
Holdings
Overige adviesbureaus op het gebied van bedrijfsbeheer; adviesbureaus op het gebied van bedrijfsvoering