ACTIVE

Epsilon Cities

Financial year 2025 · Closed on 31/12/2025

Net result66,4 M €+2 558,3 %over 1 year
Gross margin431,4 k €-34,8 %over 1 year
Equity84,4 M €+370,0 %over 1 year

Identity

Source · BCE/KBO

Epsilon Cities is a Public limited company incorporated in 1999. Its main activity is: Management consultancy activities. Its registered office is in Bree.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0465.582.182
Incorporation
04/03/1999
Legal form
Public limited company
Registered office
Industrieterrein Kanaal-Noord 1159
3960 Bree · FlandreSee on map
Contributed capital
104 000,00 €
Latest accounts
31/12/2025
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

Financials

Source · NBB, 20 filings

Trend over 13 financial years

20252024202320222021
Income statement
Gross margin431,4 k €661,9 k €652,2 k €630,9 k €592,8 k €
EBITDA348,9 k €588,6 k €583,3 k €567,7 k €533,8 k €
Operating result175,1 k €413 k €327 k €321,1 k €275,2 k €
Net result66,4 M €2,5 M €383,5 k €503,1 k €1,8 M €
Balance sheet
Equity84,4 M €18 M €19 M €18,6 M €18,1 M €
Total assets84,5 M €20,4 M €21,9 M €20,8 M €18,5 M €
Cash2,5 M €4,4 M €22,5 k €554 k €2,8 M €
Debts147,8 k €2,4 M €3 M €2,2 M €207 k €

Valuation

Indicative valuation

As an indication, this company is worth

between 25 M€ and 50 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

2 active · 2 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Danielle Vandormael
Director02/06/2006 → 07/05/2030
Dirk Gorré
Managing director02/06/2006 → 07/05/2030

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Dirk Gore
Managing director02/06/2006 → 2008 accounts
Dirk Jan Maurice Gorré
Managing director02/06/2006 → 2007 accounts

Other companies at this address

Industrieterrein Kanaal-Noord 1159 3960 Bree
CompanyCBE no.
EPSILON● Active
0444.856.351
Epsilon Nexus● Active
1044.775.815
SWITCHPOINT● Active
0447.987.075

Full financial information

Source · NBB
202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date13/08/202617/07/202515/07/202420/07/202315/07/202216/07/2021
General meeting30/06/202624/06/202530/06/202430/06/202330/06/202220/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

Looking for more information about this company?

Try for free

Annual accounts filings

Source · NBB, 20 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202530/06/202613/08/2026DutchPDF
Abridged model31/12/202424/06/202517/07/2025DutchPDF
Abridged model31/12/202330/06/202415/07/2024DutchPDF
Abridged model31/12/202230/06/202320/07/2023DutchPDF
Abridged model31/12/202130/06/202215/07/2022DutchPDF
Abridged model31/12/202020/06/202116/07/2021DutchPDF
Abridged model31/12/201905/06/202024/07/2020DutchPDF
Abridged model31/12/201807/06/201930/08/2019DutchPDF
Abridged model31/12/201701/06/201830/08/2018DutchPDF
Abridged model31/12/201602/06/201719/07/2017DutchPDF
Abridged model31/12/201503/06/201619/07/2016DutchPDF
Abridged model31/12/201405/06/201531/08/2015DutchPDF
Abridged model31/12/201306/06/201424/07/2014DutchPDF
Abridged model31/12/201207/06/201319/07/2013DutchPDF
Abridged model31/12/201101/06/201225/07/2012DutchPDF
Abridged model31/12/201003/06/201110/08/2011DutchPDF
Abridged model31/12/200904/06/201031/08/2010DutchPDF
Abridged model31/12/200805/06/200928/07/2009DutchPDF
Abridged model31/12/200706/06/200823/07/2008DutchPDF
Abridged model31/12/200601/06/200706/06/2007DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 25 M€ and 50 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

2 active · 2 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Danielle Vandormael
Director02/06/2006 → 07/05/2030
Dirk Gorré
Managing director02/06/2006 → 07/05/2030

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Dirk Gore
Managing director02/06/2006 → 2008 accounts
Dirk Jan Maurice Gorré
Managing director02/06/2006 → 2007 accounts

Ownership and network

Looking for more information about this company?

Try for free

Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates21/09/2026
    Benoeming commissaris
    PDF
  • Mandates02/03/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office06/02/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - BENAMING - MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates15/10/2018
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates22/01/2013
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates26/10/2006
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares17/01/2006
    KAPITAAL - AANDELEN - ALGEMENE VERGADERING - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Registered office18/01/2005
    MAATSCHAPPELIJKE ZETEL
    PDF

Similar companies

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
Danielle Vandormael
Dirk Gorré
Dirk Gore
Dirk Jan Maurice Gorré
19992000200120022003200420052006200720082009201020112012201320142015201620172018201920202021202220232024202520262027202820292030
Epsilon CitiesDG InvestD.G. INVEST
Industrieterrein Kanaal-Noord 1159, 3960 BreeFissebosstraat 10 bte A, 3990 Peer
Director
Managing director
Managing director
Managing director
CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE
Registered addressPeriodSource
Industrieterrein Kanaal-Noord 1159, 3960 BreeCurrent
accounts 2023 → 2025
Accounts 2025 · 2026-00396580
Fissebosstraat 10 bte A, 3990 Peer
accounts 2021 → 2022
Accounts 2022 · 2023-00253592

Company names

Source · NBB annual accounts, CBE
NamePeriodSource
Epsilon CitiesCurrent
accounts 2023 → 2025
Accounts 2025 · 2026-00396580
DG Invest
accounts 2021 → 2022
Accounts 2022 · 2023-00253592
D.G. INVEST
accounts 2006 → 2020
Accounts 2020 · 2021-35900100

Events

  1. 2025
    Annual accounts 202566,4 M €↑
  2. 2024
    Annual accounts 20242,5 M €↑
  3. 2023
    Annual accounts 2023383,5 k €↓
  4. 2023
    Name changeEpsilon Cities
  5. 2022
    Annual accounts 2022503,1 k €↓
  6. 2021
    Annual accounts 20211,8 M €↓
  7. 2021
    Name changeDG Invest
  8. 2020
    Annual accounts 20202,7 M €↑
  9. 2012
    Annual accounts 20121,8 M €↑
  10. 2011
    Annual accounts 20111,4 M €↑
  11. 2010
    Annual accounts 20101,2 M €↓
  12. 2009
    Annual accounts 20091,2 M €↑
  13. 2008
    Annual accounts 2008938 k €↑
  14. 2007
    Annual accounts 2007904 k €↑
  15. 2006
    Annual accounts 2006330,3 k €
  16. 04/03/1999
    IncorporationPublic limited company