ACTIVE

e-peas

Financial year 2025 · closed on 31/12/2025
Net result
-6,4 M €
-45.2% YoY
Gross margin
-669,2 k €
-180.7% YoY
Equity
8,2 M €
-37.5% YoY
Workforce
30,1 ETP
+12.3% YoY

What does e-peas do?

e-peas is a Public limited company incorporated in 2014. Its registered office is in Ottignies-Louvain-la-Neuve. It employs on average 30,1 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0506.674.451
Incorporation
09/12/2014
Legal form
Public limited company
Registered office
Boulevard Baudouin 1er 19
1348 Ottignies-Louvain-la-Neuve · WallonieSee on map
Contributed capital
29 708 456,03 €
Latest accounts
31/12/2025
Average workforce
30,1 ETP
Joint committees (2)
  • 200
  • 20000
Contacts
1 public detail availableLog in to view
Signals
Solid equityGood liquidityHealthy social debts
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 11 financial years

20252024202320222021202020192018201720162015
Income statement
Gross margin-669,2 k €829,4 k €1,7 M €-1,1 M €848,5 k €-1,1 M €-67,6 k €-132,3 k €-356,4 k €-8,3 k €-236,5 k €
EBITDA-4,3 M €-2,6 M €-632,2 k €-2,8 M €-379,7 k €-2,3 M €-989,9 k €-799,4 k €-407,8 k €-48 k €-322,6 k €
Operating result-7,4 M €-5,2 M €-2,6 M €-4,4 M €-1,7 M €-3,1 M €-1,7 M €-1,2 M €-642,2 k €-157,2 k €-356,6 k €
Net result-6,4 M €-4,4 M €-2,4 M €-3,9 M €-1,3 M €-2,5 M €-752,1 k €-1,1 M €-671,8 k €-158,7 k €-359,1 k €
Balance sheet
Equity8,2 M €13,1 M €9 M €3,2 M €7,1 M €8,7 M €3,5 M €4 M €3 M €183 k €341,7 k €
Total assets11,7 M €17,4 M €14,2 M €9,6 M €8,8 M €10,5 M €5,6 M €5,7 M €3,4 M €842,9 k €644,9 k €
Cash2,4 M €3,8 M €4 M €653,9 k €1,9 M €4 M €167 k €1,9 M €2,1 M €113,3 k €398 k €
Debts3,5 M €4,3 M €5,2 M €6,3 M €1,7 M €1,7 M €1,9 M €1,7 M €410,1 k €659,9 k €301,8 k €
Other
Workforce30,1 ETP26,8 ETP23,7 ETP18,9 ETP14,9 ETP14,8 ETP12,8 ETP8,6 ETP2,4 ETP1,7 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 5 M€ and 10 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 11 active · 37 ended

Active mandates

Crédit Mutuel Innovation

Director · since 14 janvier 2026 · until 26 mai 2031

Represented by Alexis Riou

Active
Geoffroy Gosset

Managing director · since 14 janvier 2026 · until 26 mai 2031

Active
HALDYR

Director · since 14 janvier 2026 · until 26 mai 2031 · 0534.754.268

Represented by Simon Alexandre

Active
Julien De Vos

Managing director · since 14 janvier 2026 · until 26 mai 2031

Active
KBC Focus fund

Director · since 14 janvier 2026 · until 26 mai 2031 · 0647.812.124

Represented by Nuno Jorge Marcolino Carvalho

Active
Michel Desbard

Director · since 14 janvier 2026 · until 26 mai 2031

Active
Otium Industrie

Director · since 14 janvier 2026 · until 26 mai 2031 · 0790.725.984

Represented by Gaspard De Veyrac

Active
SPARAXIS

Director · since 14 janvier 2026 · until 26 mai 2031 · 0452.116.307

Represented by Colin Loyens

Active
Ambroise Popper

Director · since 21 février 2024 · until 14 janvier 2026

Active
Airbus Group Ventures Fund II, L.P.

Director · since 21 décembre 2023 · until 14 janvier 2026 · 0679.433.725

Represented by Matthieu Repellin

Active
Partech Partners

Director · since 21 décembre 2023 · until 14 janvier 2026 · 0678.913.094

Represented by Romain Lavault

Active

Ended mandates

Ambroise Popper

Director · since 21 février 2024

Ended
Michel Desbard

Director · since 21 février 2024

Ended
Airbus Group Ventures Fund II, L.P.

Director · since 21 décembre 2023 · until 22 mai 2029 · 0679.443.725

Represented by Matthieu REPELLIN

Ended
Airbus Group Ventures Fund II, L.P.

Director · since 21 décembre 2023 · until 22 mai 2029

Represented by Repellin MATTHIEU

Ended
Annual accounts

Full financial information

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 date25/06/202611/08/202509/07/202429/08/202312/07/202229/06/2021
General meeting26/05/202627/05/202505/07/202426/06/202303/06/202227/05/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

11 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202526/05/202625/06/2026FrenchPDF
Abridged model31/12/202427/05/202511/08/2025FrenchPDF
Abridged model31/12/202305/07/202409/07/2024FrenchPDF
Abridged model31/12/202226/06/202329/08/2023FrenchPDF
Abridged model31/12/202103/06/202212/07/2022FrenchPDF
Abridged model31/12/202027/05/202129/06/2021FrenchPDF
Abridged model31/12/201928/05/202031/08/2020FrenchPDF
Abridged model31/12/201805/07/201929/08/2019FrenchPDF
Abridged model31/12/201703/07/201831/08/2018FrenchPDF
Micro model31/12/201623/05/201723/06/2017FrenchPDF
Abridged model31/12/201524/05/201629/08/2016FrenchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 5 M€ and 10 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.

Governance

Board of directors

Seen on filing of 31/12/2025 · 11 active · 37 ended

Active mandates

Crédit Mutuel Innovation

Director · since 14 janvier 2026 · until 26 mai 2031

Represented by Alexis Riou

Active
Geoffroy Gosset

Managing director · since 14 janvier 2026 · until 26 mai 2031

Active
HALDYR

Director · since 14 janvier 2026 · until 26 mai 2031 · 0534.754.268

Represented by Simon Alexandre

Active
Julien De Vos

Managing director · since 14 janvier 2026 · until 26 mai 2031

Active
KBC Focus fund

Director · since 14 janvier 2026 · until 26 mai 2031 · 0647.812.124

Represented by Nuno Jorge Marcolino Carvalho

Active
Michel Desbard

Director · since 14 janvier 2026 · until 26 mai 2031

Active
Otium Industrie

Director · since 14 janvier 2026 · until 26 mai 2031 · 0790.725.984

Represented by Gaspard De Veyrac

Active
SPARAXIS

Director · since 14 janvier 2026 · until 26 mai 2031 · 0452.116.307

Represented by Colin Loyens

Active
Ambroise Popper

Director · since 21 février 2024 · until 14 janvier 2026

Active
Airbus Group Ventures Fund II, L.P.

Director · since 21 décembre 2023 · until 14 janvier 2026 · 0679.433.725

Represented by Matthieu Repellin

Active
Partech Partners

Director · since 21 décembre 2023 · until 14 janvier 2026 · 0678.913.094

Represented by Romain Lavault

Active

Ended mandates

Ambroise Popper

Director · since 21 février 2024

Ended
Michel Desbard

Director · since 21 février 2024

Ended
Airbus Group Ventures Fund II, L.P.

Director · since 21 décembre 2023 · until 22 mai 2029 · 0679.443.725

Represented by Matthieu REPELLIN

Ended
Airbus Group Ventures Fund II, L.P.

Director · since 21 décembre 2023 · until 22 mai 2029

Represented by Repellin MATTHIEU

Ended
Shareholders

Ownership and network

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Try for 7 days
Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates16/07/2026
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS
    PDF
  • Mandates26/01/2026
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS
    PDF
  • Other27/06/2025
    DIVERS
    PDF
  • Mandates02/04/2024
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates15/02/2024
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS
    PDF
  • Registered office18/01/2023
    SIEGE SOCIAL
    PDF
  • Mandates13/09/2021
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates07/07/2020
    CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …)
    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

Timeline

  1. 2025
    Annual accounts 2025-6,4 M €
  2. 2024
    Annual accounts 2024-4,4 M €
  3. 2023
    Annual accounts 2023-2,4 M €
  4. 2022
    Annual accounts 2022-3,9 M €
  5. 2021
    Annual accounts 2021-1,3 M €
  6. 2020
    Annual accounts 2020-2,5 M €
  7. 2019
    Annual accounts 2019-752,1 k €
  8. 2018
    Annual accounts 2018-1,1 M €
  9. 2017
    Annual accounts 2017-671,8 k €
  10. 2016
    Annual accounts 2016-158,7 k €
  11. 2015
    Annual accounts 2015-359,1 k €
  12. 09/12/2014
    IncorporationPublic limited company