ACTIVE

EPSILON

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Financial year 2025 · Closed on 31/12/2025

Net result1,4 M €-97,9 %over 1 year

Revenue21,6 M €+19,0 %over 1 year

Equity15 M €+10,1 %over 1 year

Workforce65,3 ETP-3,5 %over 1 year

Identity

Source · BCE/KBO

EPSILON is a Public limited company incorporated in 1991. Its main activity is: Manufacture of metal structures and parts of structures. Its registered office is in Bree. It employs on average 65,3 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0444.856.351
Incorporation: 31/07/1991
Legal form: Public limited company
Registered office: Industrieterrein Kanaal-Noord 1159
3960 Bree · FlandreSee on map
Contributed capital: 150 000,00 €
Latest accounts: 31/12/2025
Average workforce: 65,3 ETP

Activities (NACE)

25110Manufacture of metal structures and parts of structures· main 25110Manufacture of metal structures and parts of structures 27402Manufacture of electric lighting equipment 27402Manufacture of electric lighting equipment 31502Manufacture of furniture 45340Sale of motor vehicle parts and accessories+4

Joint committees (4)

111
14901
209
218

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 20 filings

Trend over 13 financial years

	2025		2024		2023		2022		2021
Income statement
Revenue	21,6 M €	+19.0%	18,1 M €	-1.0%	18,3 M €	+16.3%	15,7 M €	+16.4%	13,5 M €
EBITDA	3 M €	-0.5%	3 M €	-10.9%	3,4 M €	+55.9%	2,2 M €	-5.1%	2,3 M €
Operating result	2 M €	-4.2%	2,1 M €	-18.4%	2,5 M €	+77.8%	1,4 M €	-15.5%	1,7 M €
Net result	1,4 M €	-97.9%	66,7 M €	+3515%	1,8 M €	+80.0%	1 M €	-20.3%	1,3 M €
Balance sheet
Equity	15 M €	+10.1%	13,7 M €	+10.7%	12,3 M €	+0.3%	12,3 M €	+9.0%	11,3 M €
Total assets	19,9 M €	-77.2%	87,4 M €	+339%	19,9 M €	+5.4%	18,9 M €	+1.1%	18,7 M €
Cash	4,2 M €	+71.3%	2,4 M €	+471%	425,5 k €	-58.7%	1 M €	+3.3%	997,6 k €
Debts	4,8 M €	-93.4%	73,7 M €	+878%	7,5 M €	+15.0%	6,6 M €	-10.9%	7,4 M €
Other
Workforce	65,3 ETP	-3.5%	67,7 ETP	+10.3%	61,4 ETP	-6.8%	65,9 ETP	+4.1%	63,3 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 10 M€ and 25 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

4 active · 5 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
TJ CONSULTING0799.902.877Represented by Joris Theunissen	Director01/04/2023 → 02/05/2028
VELMO0799.821.220Represented by Dennis Verheyen	Director01/04/2023 → 02/05/2028
Danielle Vandormael	Director02/05/2016 → 02/05/2028
Epsilon Cities0465.582.182Represented by Dirk Gorré	Managing director02/05/2016 → 02/05/2028Director05/04/2004 → 2012 accountsended

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Seber Consult0799.961.374Represented by Bernd Daelmans	Director01/04/2023 → 2023 accounts
Veronique Gorré	Director20/12/2019 → 2024 accounts
Dirk Gorré	Director02/05/2016 → 20/12/2019

Other companies at this address

Industrieterrein Kanaal-Noord 1159 3960 Bree

Company	CBE no.
Epsilon Cities● Active	0465.582.182
Epsilon Nexus● Active	1044.775.815
SWITCHPOINT● Active	0447.987.075

Full financial information

Source · NBB

	2025	2024	2023	2022	2021	2020
Type of account	Full model	Full model	Full model	Full model	Full model	Full model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	14/07/2026	03/07/2025	15/07/2024	14/07/2023	14/07/2022	15/07/2021
General meeting	30/06/2026	24/06/2025	30/06/2024	30/06/2023	30/06/2022	20/06/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 20 filings

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	30/06/2026	14/07/2026	Dutch	PDF
Full model	31/12/2024	24/06/2025	03/07/2025	Dutch	PDF
Full model	31/12/2023	30/06/2024	15/07/2024	Dutch	PDF
Full model	31/12/2022	30/06/2023	14/07/2023	Dutch	PDF
Full model	31/12/2021	30/06/2022	14/07/2022	Dutch	PDF
Full model	31/12/2020	20/06/2021	15/07/2021	Dutch	PDF
Full model	31/12/2019	04/05/2020	03/06/2020	Dutch	PDF
Full model	31/12/2018	19/06/2019	05/07/2019	Dutch	PDF
Full model	31/12/2017	07/05/2018	11/06/2018	Dutch	PDF
Abridged model	31/12/2016	02/05/2017	19/07/2017	Dutch	PDF
Abridged model	31/12/2015	02/05/2016	01/06/2016	Dutch	PDF
Abridged model	31/12/2014	04/05/2015	31/08/2015	Dutch	PDF
Abridged model	31/12/2013	05/05/2014	24/07/2014	Dutch	PDF
Abridged model	31/12/2012	06/05/2013	24/05/2013	Dutch	PDF
Abridged model	31/12/2011	07/05/2012	25/07/2012	Dutch	PDF
Abridged model	31/12/2010	02/05/2011	23/06/2011	Dutch	PDF
Abridged model	31/12/2009	03/05/2010	17/06/2010	Dutch	PDF
Abridged model	31/12/2008	04/05/2009	14/05/2009	Dutch	PDF
Abridged model	31/12/2007	05/05/2008	04/06/2008	Dutch	PDF
Abridged model	31/12/2006	07/05/2007	06/06/2007	Dutch	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 10 M€ and 25 M€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Board of directors

Source · NBB, accounts to 31/12/2025

4 active · 5 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
TJ CONSULTING0799.902.877Represented by Joris Theunissen	Director01/04/2023 → 02/05/2028
VELMO0799.821.220Represented by Dennis Verheyen	Director01/04/2023 → 02/05/2028
Danielle Vandormael	Director02/05/2016 → 02/05/2028
Epsilon Cities0465.582.182Represented by Dirk Gorré	Managing director02/05/2016 → 02/05/2028Director05/04/2004 → 2012 accountsended

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Seber Consult0799.961.374Represented by Bernd Daelmans	Director01/04/2023 → 2023 accounts
Veronique Gorré	Director20/12/2019 → 2024 accounts
Dirk Gorré	Director02/05/2016 → 20/12/2019

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates21/09/2026
Herbenoeming commissaris
PDF
Mandates24/09/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates02/04/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates20/04/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - ONTSLAGEN - BENOEMINGEN
PDF
Mandates23/02/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates16/07/2021
ONTSLAGEN - BENOEMINGEN
PDF
Mandates24/04/2020
ONTSLAGEN - BENOEMINGEN
PDF
Mandates16/04/2018
ONTSLAGEN - BENOEMINGEN
PDF

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A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

Source · CBE, NBB annual accounts

Year

Identity

Incorporation

Name

Registered office

Annual accounts

Filings13 filings

Mandates

VELMO

TJ CONSULTING

Epsilon Cities

Danielle Vandormael

Seber Consult

Veronique Gorré

Dirk Gorré

Starte Invest

Dirk Jan Maurice Gorre

19911992199319941995199619971998199920002001200220032004200520062007200820092010201120122013201420152016201720182019202020212022202320242025202620272028

EPSILON

Industrieterrein Kanaal-Noord 1159, 3960 Bree

Director

Managing directorDirector

Director

DirectorManaging director

Director

Managing director

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Industrieterrein Kanaal-Noord 1159, 3960 BreeCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00291792

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
EPSILONCurrent	accounts 2006 → 2025	Accounts 2025 · 2026-00291792

Events

2025
Annual accounts 20251,4 M €↓
2024
Annual accounts 202466,7 M €↑
2023
Annual accounts 20231,8 M €↑
30/06/2023
nominationMoore Audit BV · commissaris
2022
Annual accounts 20221 M €↓
02/05/2022
reconductionDaniëlte Vandormael · bestuurder
02/05/2022
reconductionD.G. Invest NV · bestuurder
02/05/2022
nominationDirk Gorré · vaste vertegenwoordiger van D.G. INVEST NV in EPSILON NV
2021
Annual accounts 20211,3 M €↓
2020
Annual accounts 20201,4 M €↓
2012
Annual accounts 20122,4 M €↓
2011
Annual accounts 20112,7 M €↑
2010
Annual accounts 20101,7 M €↑
2009
Annual accounts 20091,4 M €↓
2008
Annual accounts 20081,5 M €↑
2007
Annual accounts 20071,4 M €↓
2006
Annual accounts 20061,4 M €
31/07/1991
IncorporationPublic limited company

EPSILON

Overview

Identity

Financials

Valuation

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline

Timeline

Registered offices

Company names

Events