Ekwadraat
ActiveSummary
Ekwadraat has been active since 2003 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.71M and a net result of €35k. Equity remains stable across the filed fiscal years (±2.1% per year). Its solvency ranks better than 90% of 31694 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
75
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability24▼-49
Solvency100=
Growth52=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €120k at 30 days acceptable
Liquidity ample (current ratio 73.1 against 60.9 in 2024; short-term debt: 1.4% and cash: 11.6% of total assets), and 7.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
92.1%
Return on assets
1.9%
Age of the figures
15 mo
neutral · Filed after the deadline
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 25-02-2026, 25 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
25 d late
2024
54 d late
2023
1 d late
2022
364 d late
2021
49 d early
2020
22 d late
2019
18 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close24-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€1.71M▲ 2.1%
2024 · €1.68M
2019: €1.45M
2020: €1.55M
2021: €1.87M
2022: €1.65M
2023: €1.62M
2024: €1.68M
2019 → 2025
Total assets
€1.86M▲ 1.7%
2024 · €1.83M
2019: €1.62M
2020: €1.74M
2021: €2.09M
2022: €1.84M
2023: €1.82M
2024: €1.83M
2019 → 2025
Net result
€35k▼ 38.3%
2024 · €56k
2019: €92k
2020: €121k
2021: €383k
2022: €-6k
2023: €-27k
2024: €56k
2019 → 2025
Working capital
€1.83M▲ 2.9%
2024 · €1.78M
2019: €1.38M
2020: €1.51M
2021: €2.04M
2022: €1.79M
2023: €1.77M
2024: €1.78M
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€1.87M-€1.65M▼ 11.6%€1.62M▼ 1.6%€1.68M▲ 3.5%€1.71M▲ 2.1%
Operating result€508k-€-15k€-25k▼ 71.7%€62k€-15k
Net result€383k-€-6k€-27k▼ 355%€56k€35k▼ 38.3%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €15k after €62k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.86M
Fixed assets
€5k ▼ 77.4%
Current assets
€1.85M ▲ 2.6%
Equity and liabilities €1.86M
Equity
€1.71M ▲ 2.1%
Provisions
€122k =
Debt
€25k ▼ 14.5%
Debt's share of the balance-sheet total falls from 1.6% to 1.4%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€2k▼
2024 · €70k
Cash flow
€52k▼
2024 · €65k
Current ratio
73.10▲
2024 · 60.90
Debt to equity
0.01▼
2024 · 0.02
ROE
2.0%▼
2024 · 3.4%
ROA
1.9%▼
2024 · 3.1%
Interest coverage
0.33▼
2024 · 8.39
Debt ≤ 1 year
€25k▼
2024 · €30k
Income taxes
€40k▲
2024 · €16k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 48 lines
Balance sheet
Code20242025
Assets
Total assets20/58€1.83M€1.86M▲
Fixed assets21/28€22k€5k▼
Intangible fixed assets21€6k€5k▼
Tangible fixed assets22/27€16k-
Furniture and vehicles24€16k-
Current assets29/58€1.81M€1.85M▲
Amounts receivable after more than one year29€15k€305k▲
Other amounts receivable291€15k€305k▲
Amounts receivable within one year40/41€302k€310k▲
Trade receivables40€290k€268k▼
Other amounts receivable41€13k€42k▲
Current investments50/53€943k€1.02M▲
Cash at bank and in hand54/58€547k€217k▼
Equity and liabilities
Total equity and liabilities10/49€1.83M€1.86M▲
Equity10/15€1.68M€1.71M▲
Contributions10/11€29k€29k=
Reserves13€1.65M€1.68M▲
Non-distributable reserves130/1€13k-
Reserves not available under the articles1311€13k-
Tax-exempt reserves132€365k€365k=
Distributable reserves133€1.27M€1.32M▲
Provisions and deferred taxes16€122k€122k=
Deferred taxes168€122k€122k=
Amounts payable17/49€30k€25k▼
Amounts payable within one year42/48€30k€25k▼
Trade debts44€3k€2k▼
Suppliers440/4€3k€2k▼
Taxes, remuneration and social security45€9k€9k=
Taxes450/3€9k€9k=
Other amounts payable47/48€17k€14k▼
Income statement
Code20242025
Non-recurring operating income76A€29k-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8k€17k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€-50k-
Other operating charges640/8€2k€19k▲
Gross operating margin9900€22k€21k▼
Operating profit (loss)9901€62k€-15k▼
Financial income75/76B€19k€96k▲
Recurring financial income75€19k€96k▲
Financial charges65/66B€8k€6k▼
Recurring financial charges65€8k€6k▼
Profit (loss) for the period before taxes9903€72k€74k▲
Income taxes67/77€16k€40k▲
Profit (loss) for the period9904€56k€35k▼
Profit (loss) for the period to be appropriated9905€56k€35k▼
Appropriation of the result
Profit (loss) to be appropriated9906€56k€35k▼
Transfer from equity791/2-€13k
Transfer to equity691/2€56k€48k▼
To other reserves6921€56k€48k▼
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
25-02
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 25 days late
2025
26-03
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 54 days late
2024
30-06
Financial
Back to profitnet €56k
Net result €56k after 2 loss-making years.
01-02
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 1 day late
30-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 364 days late
2023
30-06
Financial
Weakest financial yearnet €-27k
Net result drops to €-27k, the lowest in the series; recovery starts the following year.
2021
13-12
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
30-06
Financial
Highest result since 2019net €383k ▲217%
Operating result €508k, net result €383k, both a record.
30-06
Financial
Liquidity quadruplescurrent ratio 44.99
Current ratio from 11.14 to 44.99; short-term debt falls from €149k to €46k.
22-02
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 22 days late
2020
13-01
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
07-01
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
03-01
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2016
30-12
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
10 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, Turnhout · 1 establishment unit since 2003
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.
Patriottenstraat 1072300 TurnhoutGround area
589 m²
Building footprint
156 m²
Volume, LiDAR
1,431 m³
Parcel 13453O0568/00E002, Flanders · tallest building 10.6 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Ekwadraat
since 20032.191.905.535
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13453O0568/00E002 | Flanders | 589 m² | 1 · 156 m² | 10.6 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2022 to 2023 · 2 entries · 1,600 EUR awarded · 1,600 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 1,267 EUR | 1,267 EUR |
| 2022 | 1 | 333 EUR | 333 EUR |
Schemes
Vlaams opleidingsverlof (VOV)
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Legal Entity Identifier
894500Y2JKMJETJ98T64
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Of 82,562 companies in sector 70200 we hold annual accounts for 52,574. 21,946 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded31-10-2003
Fiscal year end30-06
Abbreviation NL
S & C°
Activities, NACEBEL 2025
70200Business and other management consultancy
Sources
Crossroads Bank for EnterprisesNational Bank · 21 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryWebsite:www.schenkels.info