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Engineering Prototype Industrialized

Active
Private limited companyfounded 201016 yrs activeAvenue Roi Albert 116, 5300 Andenne, BelgiumKBO/BCE: BE 0824.721.714

Engineering Prototype Industrialized has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €1.67M and a net result of €570k. Equity is growing by ~2.6% per year across the filed fiscal years. Its solvency ranks better than 93% of 227 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.0% (low).

Checked score

Score 2024
89 / 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100▲+11
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
1.0% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €140k at 30 days acceptable
Liquidity ample (current ratio 5.14 against 3.58 in 2023; short-term debt: 15.9% and cash: 49.3% of total assets), and 15.9% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Seven signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 33
Relative position
BE, all sectors
reference
Sector 33
higher
← fewer bankruptcies more bankruptcies →
raises risk · Multiple establishment units
Several establishment units mean more fixed costs, and such companies fail more often than a company with one establishment.
KBO · establishment units
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 16 years 0 20 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024
Solvency, return and age of the figures
Solvency
84.1%
Return on assets
28.7%
Age of the figures
21 mo
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 02-06-2025, 59 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
59 d early
2023
on the day
2022
48 d early
2021
82 d early
2020
81 d early
2019
31 d early
← before the deadline after the deadline →
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2024, full schema

Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€570k▲ 106%
2023 · €277k
2018: €253k 2019: €226k 2020: €29k 2021: €5k 2022: €377k 2023: €277k
2018 → 2024
Working capital
€1.31M▲ 28.0%
2023 · €1.02M
2018: €809k 2019: €1.05M 2020: €789k 2021: €746k 2022: €956k 2023: €1.02M
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20202021202220232024Trend
Equity€1.15M-€1.07M▼ 7.3%€1.26M▲ 17.7%€1.29M▲ 2.6%€1.67M▲ 29.3%
Operating result€39k-€17k▼ 56.7%€561k▲ 3,180%€386k▼ 31.2%€824k▲ 113%
Net result€29k-€5k▼ 82.4%€377k▲ 7,304%€277k▼ 26.4%€570k▲ 106%
Result per fiscal year
Operating resultNet result
€0€250k€500k€750kOperating result 2020: €39k€39kNet result 2020: €29k€29kOperating result 2021: €17k€17kNet result 2021: €5k€5kOperating result 2022: €561k€561kNet result 2022: €377k€377kOperating result 2023: €386k€386kNet result 2023: €277k€277kOperating result 2024: €824k€824kNet result 2024: €570k€570k20202021202220232024
The operating result recovers in 2024; 2024 is 113% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.99M
Fixed assets €360k▲ 34.3%
Current assets €1.63M▲ 14.6%
Equity and liabilities €1.99M
Equity €1.67M▲ 29.3%
Debt €317k▼ 20.0%
The debt ratio falls from 23.5% to 15.9%. Equity is higher and debt is lower.
Key figures and ratios
2024 value · change against 2023
EBITDA
€858k
2023 · €420k
Cash flow
€604k
2023 · €311k
Solvency
84.1%
2023 · 76.5%
Current ratio
5.14
2023 · 3.58
Quick ratio
5.14
2023 · 3.58
Debt / equity
0.19
2023 · 0.31
ROE
34.1%
2023 · 21.4%
ROA
28.7%
2023 · 16.4%
Interest coverage
3518.42
2023 · 2333.67
Debt
€317k
2023 · €397k
Debt ≤ 1 year
€317k
2023 · €397k
Income taxes
€261k
2023 · €124k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet Code20232024
Assets
Total assets20/58€1.69M€1.99M
Fixed assets21/28€268k€360k
Tangible fixed assets22/27€268k€360k
Land and buildings22€259k€233k
Plant, machinery and equipment23€6k€22k
Furniture and vehicles24€2k€105k
Financial fixed assets28€25€25=
Current assets29/58€1.42M€1.63M
Amounts receivable after more than one year29€51k-
Other amounts receivable291€51k-
Amounts receivable within one year40/41€345k€537k
Trade receivables40€191k€245k
Other amounts receivable41€154k€291k
Current investments50/53€110k€110k=
Cash at bank and in hand54/58€912k€980k
Deferred charges and accrued income490/1€3k€3k
Equity and liabilities
Total equity and liabilities10/49€1.69M€1.99M
Equity10/15€1.29M€1.67M
Contributions10/11€19k€19k=
Reserves13€1.12M€1.49M
Distributable reserves133€1.12M€1.49M
Profit (loss) carried forward14€159k€159k=
Amounts payable17/49€397k€317k
Amounts payable within one year42/48€397k€317k
Trade debts44€4k€40k
Suppliers440/4€4k€40k
Taxes, remuneration and social security45€160k€276k
Taxes450/3€36k€271k
Remuneration and social security454/9€124k€5k
Other amounts payable47/48€232k€1k
Income statement Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€34k€34k
Other operating charges640/8€5k€5k
Gross operating margin9900€425k€863k
Operating profit (loss)9901€386k€824k
Financial income75/76B€15k€7k
Recurring financial income75€15k€7k
Financial charges65/66B€180€244
Recurring financial charges65€180€244
Profit (loss) for the period before taxes9903€401k€831k
Income taxes67/77€124k€261k
Profit (loss) for the period9904€277k€570k
Profit (loss) for the period to be appropriated9905€277k€570k
Appropriation of the result
Profit (loss) to be appropriated9906€436k€729k
Profit (loss) brought forward from the previous period14P€159k€159k=
Transfer from equity791/2€244k€191k
Transfer to equity691/2€277k€570k
To other reserves6921€277k€570k
Profit to be distributed694/7€244k€191k
Return on contributions (dividend)694€244k€191k

The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

2025
02-06
NBB filing Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial Highest result since 2018net €570k ▲106%
Operating result €824k, net result €570k, both a record.
31-07
NBB filing Annual accounts filed
fiscal year 2023 · full schema
2023
13-06
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
10-05
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial Weakest financial yearnet €5k ▼82.4%
Net result drops to €5k, the lowest in the series; recovery starts the following year.
11-05
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
30-06
NBB filing Annual accounts filed
fiscal year 2019 · full schema
2019
31-12
Financial Liquidity triplescurrent ratio 18.69
Current ratio from 7.09 to 18.69; short-term debt falls from €133k to €59k.
13-06
NBB filing Annual accounts filed
fiscal year 2018 · full schema
2018
01-06
NBB filing Annual accounts filed
fiscal year 2017 · full schema
2017
18-05
NBB filing Annual accounts filed
fiscal year 2016 · full schema
2016
26-05
NBB filing Annual accounts filed
fiscal year 2015 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
4 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Andenne · 2 establishment units since 2010
establishment All 2 establishment units on the map
Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Avenue Roi Albert 1165300 Andenne
Ground area
898 m²
Building footprint
171 m²
2 parcels, Wallonia. Linked by address, not a title deed.
2 establishment units
Engineering Prototype Industrialized - en abrégé EPI
Avenue Roi Albert 116, 5300 AndenneRepair and maintenance of fabricated metal products
since 20102.187.305.161
Avenue Roi Albert 122, 5300 Andenne
Repair and maintenance of fabricated metal products
since 20142.227.710.908
2 parcels
Wallonia 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
92003H0471/02R002 Wallonia 630 m² 1 · 71 m² -
92003H0471/02T002 Wallonia 267 m² 1 · 100 m² -
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Recognitions · licences · registrations

Legal Entity Identifier

98450073FD18BE847504
live in the LEI register

Similar companies · same sector, comparable size

Of 1,225 companies in sector 33200 we hold annual accounts for 676. 289 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded07-04-2010
Fiscal year end31-12
Abbreviation FR EPI
Activities, NACEBEL
33200Installation of industrial machinery and equipment
43212Electrical installation work in industrial facilities
43240Other construction installation
43299Specialised construction activities
71121Engineering and related technical consultancy, excluding land surveyors
77310Rental and leasing activities
77399Renting and leasing of other machinery, equipment and tangible goods
Sources
Crossroads Bank for EnterprisesNational Bank · 15 filingsAddress and cadastre registers

Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.