EQ²
Open bankruptcySummary
A bankruptcy procedure is open for EQ² according to publications in the Belgian State Gazette. The 2021 annual accounts show equity of €112k and a net result of €99k.
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2021 was due by 31-07-2022 and was filed on 14-07-2022, 17 days ahead of the deadline.
NBB · 2 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
17 d early
2020
25 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2021, abbreviated schema
Equity
€112k▲ 807%
2020 · €12k
2020: €12k
2020 → 2021
Total assets
€452k▲ 19.0%
2020 · €380k
2020: €380k
2020 → 2021
Net result
€99k▼ 30.2%
2020 · €142k
2020: €142k
2020 → 2021
Working capital
€-27k▼ 411%
2020 · €-5k
2020: €-5k
2020 → 2021
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021Trend
Equity€12k-€112k▲ 807%
Operating result€144k-€111k▼ 22.5%
Net result€142k-€99k▼ 30.2%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2021; 2021 is 22% below 2020.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €452k
Fixed assets
€300k ▲ 1,615%
Current assets
€152k ▼ 58.1%
Equity and liabilities €452k
Equity
€112k ▲ 807%
Debt
€341k ▼ 7.4%
Debt's share of the balance-sheet total falls from 96.8% to 75.3%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€133k▼
2020 · €145k
Cash flow
€121k▼
2020 · €144k
Current ratio
0.85▼
2020 · 0.99
Debt to equity
3.05
ROE
89.0%
ROA
22.0%▼
2020 · 37.4%
Interest coverage
40.39
Debt ≤ 1 year
€178k▼
2020 · €368k
Debt > 1 year
€162k
Income taxes
€10k▲
2020 · €997
Staff costs
€86k
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 · 2021 against 2020 · 48 lines
Balance sheet
Code20202021
Assets
Total assets20/58€380k€452k▲
Fixed assets21/28€18k€300k▲
Tangible fixed assets22/27€18k€279k▲
Plant, machinery and equipment23-€18k
Furniture and vehicles24-€7k
Leasing and similar rights25-€255k
Financial fixed assets28-€21k
Current assets29/58€363k€152k▼
Amounts receivable within one year40/41€227k€83k▼
Trade receivables40-€69k
Other amounts receivable41-€14k
Cash at bank and in hand54/58€135k€67k▼
Deferred charges and accrued income490/1-€2k
Equity and liabilities
Total equity and liabilities10/49€380k€452k▲
Equity10/15€12k€112k▲
Contributions10/11-€10k
Reserves13€2k€102k▲
Distributable reserves133-€102k
Amounts payable17/49€368k€341k▼
Amounts payable after more than one year17-€162k
Financial debts170/4-€162k
Amounts payable within one year42/48€368k€178k▼
Current portion of amounts payable after more than one year42-€45k
Trade debts44€227k€100k▼
Suppliers440/4-€100k
Taxes, remuneration and social security45-€33k
Taxes450/3-€13k
Remuneration and social security454/9-€20k
Other amounts payable47/48-€201
Income statement
Code20202021
Non-recurring operating income76A-€140k
Remuneration, social security and pensions62-€86k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€21k▲
Other operating charges640/8-€1k
Non-recurring operating charges66A-€32k
Gross operating margin9900€147k€251k▲
Operating profit (loss)9901€144k€111k▼
Financial income75/76B-€1k
Recurring financial income75€0€1k▲
Financial charges65/66B-€3k
Recurring financial charges65€311€3k▲
Profit (loss) for the period before taxes9903€143k€109k▼
Income taxes67/77€997€10k▲
Profit (loss) for the period9904€142k€99k▼
Profit (loss) for the period to be appropriated9905€142k€99k▼
Appropriation of the result
Profit (loss) to be appropriated9906-€99k
Transfer to equity691/2-€99k
To other reserves6921-€99k
Social balance
Average headcount (FTE)9087-2.6
The notes to these accounts (13 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2023
12-06
Bankruptcy
Opening
Ondernemingsrechtbank Antwerpen, afdeling Tongeren · EQ2 BV BREITWATER- STRAAT(M) 12, 3630 MAASMECHELEN · event 06-06-2023
2022
14-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Equity above €100kEq €112k ▲807%
2 profitable years in a row build equity to €112k.
06-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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, Maasmechelen · 1 establishment unit since 2021
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.
Breitwaterstraat(M) 123630 MaasmechelenGround area
3.1 ha
Building footprint
1.1 ha
Volume, LiDAR
120,704 m³
Parcel 73060B0008/00V000, Flanders · tallest building 13.9 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
EQ²
since 20212.321.920.969
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 73060B0008/00V000 | Flanders | 3.1 ha | 1 · 1.1 ha | 13.9 m · 4 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.
Insolvency mandates
2 mandates| Role | Name | Tenure |
|---|---|---|
| Curator | KRISTIEN HANSSEN DIEPLAAN 57, 3600 GENK- |
06-06-2023 → present |
| Curator | TANGUY PAQUET DIEPLAAN 57,
3600 GENK |
06-06-2023 → present |
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Of 3,190 companies in sector 52250 we hold annual accounts for 1,955. 1,373 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
Founded26-08-2019
Fiscal year end31-12
Activities, NACEBEL 2025
52250Logistics services
70200Business and other management consultancy
Sources
Crossroads Bank for EnterprisesNational Bank · 2 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.