ACTIVE

E.P.A.D.

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Financial year 2025 · closed on 31/12/2025

Net result

24,1 k €

-27.1% YoY

Gross margin

34 k €

-38.5% YoY

Equity

51 k €

+89.4% YoY

What does E.P.A.D. do?

E.P.A.D. is a Private limited company incorporated in 2000. Its main activity is: Painting and glazing. Its registered office is in Beersel.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0471.693.974

Incorporation

13/04/2000

Legal form

Private limited company

Registered office

Jozef Springaelstraat 4
1651 Beersel · FlandreSee on map

Contributed capital

18 600,00 €

Latest accounts

31/12/2025

Activities (NACE)

43341Painting and glazing· main 43341Painting and glazing 45441Sale, maintenance and repair of motorcycles and related parts and accessories

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 20 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	34 k €	-38.5%	55,3 k €	+441%	10,2 k €	-28.0%	14,2 k €	-68.3%	44,8 k €	+80.5%	24,8 k €	-5.0%	26,1 k €	+423%	5 k €	-77.5%	22,2 k €	-53.0%	47,2 k €	+31.6%	35,9 k €	-36.2%	56,2 k €	+173%	20,6 k €	+51.3%	13,6 k €	-65.1%	39 k €	-62.8%	104,9 k €	-33.6%	158,1 k €	-26.0%	213,6 k €	-23.0%	277,5 k €	+59.4%	174,1 k €
EBITDA	34 k €	-9.2%	37,5 k €	+536%	-8,6 k €	-80.1%	-4,8 k €	-117%	28 k €	+477%	4,9 k €	-12.4%	5,5 k €	+136%	-15,3 k €	-1523%	1,1 k €	-96.2%	28,5 k €	+63.8%	17,4 k €	-53.1%	37,1 k €	+816%	4,1 k €	+260%	-2,5 k €	-111%	23,8 k €	+235%	7,1 k €	+118%	-39,5 k €	-365%	14,9 k €	+240%	-10,6 k €	-125%	43,1 k €
Operating result	33,4 k €	-9.4%	36,9 k €	+529%	-8,6 k €	-80.1%	-4,8 k €	-122%	21,6 k €	+1504%	-1,5 k €	-532%	-243,6 €	+99.0%	-24,2 k €	-180%	-8,6 k €	-136%	23,8 k €	+151%	9,5 k €	-74.4%	37 k €	+892%	3,7 k €	+228%	-2,9 k €	-113%	23,3 k €	+444%	4,3 k €	+109%	-48,7 k €	-985%	5,5 k €	+117%	-32,9 k €	-286%	17,7 k €
Net result	24,1 k €	-27.1%	33 k €	+464%	-9,1 k €	-67.4%	-5,4 k €	-126%	20,8 k €	+983%	-2,4 k €	-50.7%	-1,6 k €	+93.8%	-25,3 k €	-156%	-9,9 k €	-145%	22 k €	+160%	8,5 k €	-76.1%	35,4 k €	+2942%	1,2 k €	+122%	-5,3 k €	-126%	20,8 k €	+1621%	1,2 k €	+102%	-51 k €	-843%	6,9 k €	+123%	-30,3 k €	-408%	9,8 k €
Balance sheet
Equity	51 k €	+89.4%	26,9 k €	+541%	-6,1 k €	-306%	3 k €	-64.7%	8,4 k €	+168%	-12,4 k €	-23.4%	-10 k €	-18.4%	-8,5 k €	-150%	16,9 k €	-37.0%	26,8 k €	+41.9%	18,9 k €	+81.5%	10,4 k €	+141%	-25,1 k €	+4.4%	-26,2 k €	-25.6%	-20,9 k €	+49.9%	-41,7 k €	+2.8%	-42,9 k €	-632%	8,1 k €	+566%	1,2 k €	-96.2%	31,5 k €
Total assets	73,6 k €	+76.5%	41,7 k €	+658%	5,5 k €	-63.0%	14,9 k €	-29.1%	21 k €	+61.5%	13 k €	-4.0%	13,6 k €	-48.8%	26,5 k €	-54.2%	57,9 k €	-9.7%	64,1 k €	+46.7%	43,7 k €	+25.9%	34,7 k €	+963%	3,3 k €	-33.7%	4,9 k €	+23.1%	4 k €	-67.6%	12,3 k €	-55.8%	27,9 k €	-69.2%	90,6 k €	-32.8%	134,8 k €	-28.5%	188,6 k €
Cash	64,5 k €	+65.4%	39 k €	+651%	5,2 k €	-64.7%	14,7 k €	-28.3%	20,5 k €	+9407%	216 €	+86.2%	116 €	+26884%	0,4 €	-99.9%	720,8 €	-98.7%	54,9 k €	+1471%	3,5 k €	-72.3%	12,6 k €	+10607%	118 €	0.0%	118 €	-14.5%	138 €	-17.9%	168 €	-92.8%	2,3 k €	-92.1%	29,5 k €	+417%	5,7 k €	-44.7%	10,3 k €
Debts	22,6 k €	+52.9%	14,8 k €	+27.1%	11,6 k €	-2.5%	11,9 k €	-5.5%	12,6 k €	-50.3%	25,4 k €	+8.9%	23,3 k €	-32.9%	34,8 k €	-15.0%	40,9 k €	+9.9%	37,2 k €	+51.0%	24,6 k €	+2.2%	24,1 k €	-13.6%	27,9 k €	-8.1%	30,4 k €	+25.4%	24,2 k €	-54.5%	53,2 k €	-24.8%	70,7 k €	-14.2%	82,4 k €	-36.3%	129,3 k €	-16.3%	154,5 k €
Other
Workforce	–		–		–		–		–		–		0,5 ETP	0.0%	0,5 ETP	0.0%	0,5 ETP	0.0%	0,5 ETP	0.0%	0,5 ETP	-16.7%	0,6 ETP	+20.0%	0,5 ETP		–		0,5 ETP	-77.3%	2,2 ETP	-59.3%	5,4 ETP	-19.4%	6,7 ETP	-19.3%	8,3 ETP	+113%	3,9 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 100 k€ and 250 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 3 ended

Active mandates

Philippe Demol

Manager · since 01 juillet 2006

Active

Ended mandates

Henri RIVEZ

Manager · until 31 janvier 2009

Ended

HENRI RIVEZ

Manager

Ended

Philippe DEMOL

Manager

Ended

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Micro model	Micro model	Micro model	Abridged 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	17/06/2026	30/08/2025	31/08/2024	21/06/2023	28/08/2022	19/08/2021
General meeting	18/05/2026	23/05/2025	23/05/2024	22/05/2023	17/05/2022	17/05/2021
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

Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2025	18/05/2026	17/06/2026	Dutch	PDF
Micro model	31/12/2024	23/05/2025	30/08/2025	Dutch	PDF
Micro model	31/12/2023	23/05/2024	31/08/2024	Dutch	PDF
Micro model	31/12/2022	22/05/2023	21/06/2023	Dutch	PDF
Micro model	31/12/2021	17/05/2022	28/08/2022	Dutch	PDF
Abridged model	31/12/2020	17/05/2021	19/08/2021	French	PDF
Abridged model	31/12/2019	18/05/2020	10/08/2020	French	PDF
Abridged model	31/12/2018	20/05/2019	29/08/2019	French	PDF
Abridged model	31/12/2017	21/05/2018	28/08/2018	French	PDF
Abridged model	31/12/2016	15/05/2017	28/08/2017	French	PDF
Abridged model	31/12/2015	17/05/2016	08/07/2016	French	PDF
Abridged model	31/12/2014	18/05/2015	17/06/2015	French	PDF
Abridged model	31/12/2013	19/05/2014	16/07/2014	French	PDF
Abridged model	31/12/2012	21/05/2013	18/06/2013	French	PDF
Abridged model	31/12/2011	21/05/2012	15/06/2012	French	PDF
Abridged model	31/12/2010	16/05/2011	09/08/2011	French	PDF
Abridged model	31/12/2009	17/05/2010	07/07/2010	French	PDF
Abridged model	31/12/2008	18/05/2009	16/06/2009	French	PDF
Abridged model	31/12/2007	19/05/2008	27/08/2008	Dutch	PDF
Abridged model	31/12/2006	21/05/2007	01/08/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 k€ and 250 k€

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.

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 3 ended

Active mandates

Philippe Demol

Manager · since 01 juillet 2006

Active

Ended mandates

Henri RIVEZ

Manager · until 31 janvier 2009

Ended

HENRI RIVEZ

Manager

Ended

Philippe DEMOL

Manager

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates10/06/2026
WIJZIGING RECHTSVORM, ONTSLAGEN, BENOEMINGEN
PDF
Registered office31/08/2022
MAATSCHAPPELIJKE ZETEL
PDF
Mandates12/02/2009
DEMISSIONS, NOMINATIONS
PDF
Mandates31/10/2006
ONTSLAGEN - BENOEMINGEN
PDF
Registered office31/10/2006
MAATSCHAPPELIJKE ZETEL
PDF
Mandates03/08/2005
ONTSLAGEN - BENOEMINGEN
PDF
Mandates12/10/2004
ONTSLAGEN - BENOEMINGEN
PDF
Mandates16/05/2003
ONTSLAGEN - BENOEMINGEN
PDF

Source: Belgian Official Gazette

Competition

Similar companies

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

See the Business plan

2025
Annual accounts 202524,1 k €↓
2024
Annual accounts 202433 k €↑
2023
Annual accounts 2023-9,1 k €↓
2022
Annual accounts 2022-5,4 k €↓
2021
Annual accounts 202120,8 k €↑
2020
Annual accounts 2020-2,4 k €↓
2019
Annual accounts 2019-1,6 k €↑
2018
Annual accounts 2018-25,3 k €↓
2017
Annual accounts 2017-9,9 k €↓
2016
Annual accounts 201622 k €↑
2015
Annual accounts 20158,5 k €↓
2014
Annual accounts 201435,4 k €↑
2013
Annual accounts 20131,2 k €↑
2012
Annual accounts 2012-5,3 k €↓
2011
Annual accounts 201120,8 k €↑
2010
Annual accounts 20101,2 k €↑
2009
Annual accounts 2009-51 k €↓
2008
Annual accounts 20086,9 k €↑
2007
Annual accounts 2007-30,3 k €↓
2006
Annual accounts 20069,8 k €
13/04/2000
IncorporationPrivate limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

E.P.A.D.

Overview

What does E.P.A.D. do?

Trend over 20 financial years

Indicative valuation

Board of directors

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