ACTIVE

Participatiemaatschappij Epsilon

Financial year 2025 · Closed on 31/12/2025

Net result712 k €-21,5 %over 1 year
Gross margin-19,9 k €+65,1 %over 1 year
Equity92,3 M €-2,2 %over 1 year

Identity

Source · BCE/KBO

Participatiemaatschappij Epsilon is a Public limited company incorporated in 2022. Its registered office is in Turnhout.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0795.508.678
Incorporation
29/12/2022
Legal form
Public limited company
Registered office
Kempenlaan 2A box 1.2
2300 Turnhout · FlandreSee on map
Contributed capital
4 922 486,00 €
Latest accounts
31/12/2025
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflow

Financials

Source · NBB, 5 filings

Trend over 3 financial years

202520242023
Income statement
Gross margin-19,9 k €-56,9 k €-72,7 k €
EBITDA-21,1 k €-58 k €-73,7 k €
Operating result-21,1 k €-58 k €-73,7 k €
Net result712 k €907,1 k €941,7 k €
Balance sheet
Equity92,3 M €94,3 M €109,7 M €
Total assets92,3 M €94,4 M €109,7 M €
Cash118,9 k €115,2 k €5,2 M €
Debts12,7 k €82,5 k €29,4 k €
Other
Workforce––0,0 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 50 M€ and 100 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

4 active · 3 ended

Active mandates

Michel MEERKERK

Director · since 28 novembre 2025 · until 27 juin 2031

Active
Josephus Jochems

Director · since 11 mars 2024 · until 28 novembre 2025

Active
Henricus Van Puijenbroek

Director · since 12 février 2024 · until 01 juin 2030

Active
Rudolf Van Puijenbroek

Director · since 12 février 2024 · until 01 juin 2030

Active

Ended mandates

Josephus Jochems

Director · since 11 mars 2024 · until 28 juin 2030

Ended
Henricus Van Puijenbroek

Director · since 12 février 2024 · until 28 juin 2030

Ended
Rudolf Van Puijenbroek

Director · since 12 février 2024 · until 28 juin 2030

Ended

Other companies at this address

Kempenlaan 2A 2300 Turnhout
CompanyCBE no.
DE EXPRESSO● Active
0795.508.084
0787.424.422
1039.299.372
GFR Projects● Active
1011.425.334
GINVESTCO BV● Active
0779.888.413
Group K STAK● Active
1039.353.416
JAHANI 1● Active
0725.939.189
JAHANI 2● Active
1013.229.138
Kelvin Projects● Active
0735.763.905
0643.981.416
1007.707.858
Rentres● Active
1025.615.939
Sonical STAK● Active
1039.352.030
1003.757.780
SYNTRES● Active
0752.727.720
1039.372.321
0457.553.651
0758.580.778
1041.175.135
VP Capital● Active
0812.302.447

Full financial information

Source · NBB
20252024202320222022
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelm135-f-p
Start of the financial year01/01/202531/12/202331/12/202231/12/202129/12/2022
Closing of the financial year31/12/202531/12/202430/12/202330/12/202229/12/2022
Length of the financial year12 months13 months13 months13 months1 months
Filing date24/07/202604/07/202530/07/202431/10/202327/01/2023
General meeting26/06/202627/06/202528/06/202405/10/202324/01/2023
Currency of the financial yearEUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 5 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202526/06/202624/07/2026DutchPDF
Abridged model31/12/202427/06/202504/07/2025DutchPDF
Abridged model30/12/202328/06/202430/07/2024DutchPDF
Abridged model30/12/202205/10/202331/10/2023DutchPDF
m135-f-p29/12/202224/01/202327/01/2023DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 50 M€ and 100 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 · 3 ended

Active mandates

Michel MEERKERK

Director · since 28 novembre 2025 · until 27 juin 2031

Active
Josephus Jochems

Director · since 11 mars 2024 · until 28 novembre 2025

Active
Henricus Van Puijenbroek

Director · since 12 février 2024 · until 01 juin 2030

Active
Rudolf Van Puijenbroek

Director · since 12 février 2024 · until 01 juin 2030

Active

Ended mandates

Josephus Jochems

Director · since 11 mars 2024 · until 28 juin 2030

Ended
Henricus Van Puijenbroek

Director · since 12 février 2024 · until 28 juin 2030

Ended
Rudolf Van Puijenbroek

Director · since 12 février 2024 · until 28 juin 2030

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates20/01/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office03/07/2024
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates14/06/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates25/03/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - BOEKJAAR
    PDF
  • Other02/01/2023
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    PDF

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 2025712 k €↓
  2. 28/11/2025
    nominationMeerkerk Michel Marinus Arie — bestuurder
  3. 2024
    Annual accounts 2024907,1 k €↓
  4. 11/03/2024
    nominationJosephus Jochems — bestuurder
  5. 2023
    Annual accounts 2023941,7 k €
  6. 29/12/2022
    IncorporationPublic limited company