EQUIM
ActiveSummary
EQUIM has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €920k and a net result of €139k. Equity is shrinking by ~7.1% per year across the filed fiscal years. Its solvency ranks better than 10% of 483 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability20▼-52
Solvency30▲+2
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €35k at 30 days only on tighter terms
Liquidity short (current ratio 0.78 against 0.82 in 2024; short-term debt: 94.8% and cash: 1.1% of total assets), and 94.8% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 01
Relative position
BE, all sectors
reference
Crop and animal production, hunting and related service activities (NACE 01)
about 70% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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
5.2%
Return on assets
0.8%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 10% of 483 sector peers (2025).
NBB · sector comparisonPosition among 483 sector peers
Solvency
better than 10%
← weakest
strongest →
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €920k
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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
31 d late
2024
26 d late
2023
20 d late
2022
23 d late
2021
11 d late
2020
26 d late
2019
18 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€139k▼ 74.5%
2024 · €545k
2018: €-4k
2019: €-39k▼ -831% vs 2018
2020: €-78k▼ -99.6% vs 2019
2021: €-86k▼ -11.2% vs 2020
2022: €-152k▼ -76.2% vs 2021
2023: €-173k▼ -13.4% vs 2022lowest in 8 years
2024: €545k▲ +416% vs 2023highest in 8 years
2025: €139k▼ -74.5% vs 2024
2018 → 2025
Working capital
€-3.64M▲ 6.1%
2024 · €-3.87M
2018: €-1.74Mhighest in 8 years
2019: €-1.77M▼ -1.6% vs 2018
2020: €-2.28M▼ -28.7% vs 2019
2021: €-3.07M▼ -34.7% vs 2020
2022: €-4.20M▼ -36.9% vs 2021
2023: €-4.52M▼ -7.6% vs 2022lowest in 8 years
2024: €-3.87M▲ +14.3% vs 2023
2025: €-3.64M▲ +6.1% vs 2024
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€561k-€408k▼ 27.2%€236k▼ 42.3%€781k▲ 231%€920k▲ 17.8%
2021: €561k
2022: €408k▼ -27.2% vs 2021
2023: €236k▼ -42.3% vs 2022lowest in 5 years
2024: €781k▲ +231% vs 2023
2025: €920k▲ +17.8% vs 2024highest in 5 years
Operating result€-115k-€-181k▼ 58.2%€-201k▼ 10.6%€-129k▲ 36.0%€-163k▼ 27.1%
2021: €-115khighest in 5 years
2022: €-181k▼ -58.2% vs 2021
2023: €-201k▼ -10.6% vs 2022lowest in 5 years
2024: €-129k▲ +36.0% vs 2023
2025: €-163k▼ -27.1% vs 2024
Net result€-86k-€-152k▼ 76.2%€-173k▼ 13.4%€545k€139k▼ 74.5%
2021: €-86k
2022: €-152k▼ -76.2% vs 2021
2023: €-173k▼ -13.4% vs 2022lowest in 5 years
2024: €545k▲ +416% vs 2023highest in 5 years
2025: €139k▼ -74.5% vs 2024
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €163k in 2025 against €129k in 2024; the loss grows.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €17.76M
Fixed assets
€4.56M ▼ 2.1%
Current assets
€13.20M ▼ 25.9%
Equity and liabilities €17.76M
Equity
€920k ▲ 17.8%
Debt
€16.84M ▼ 22.4%
Debt's share of the balance-sheet total falls from 96.5% to 94.8%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€-27k▼
2024 · €7k
Cash flow
€276k▼
2024 · €681k
Current ratio
0.78▼
2024 · 0.82
Debt to equity
18.29▼
2024 · 27.77
ROE
15.1%▼
2024 · 69.8%
ROA
0.8%▼
2024 · 2.4%
Interest coverage
-529.43▼
2024 · 54.59
Debt ≤ 1 year
€16.84M▼
2024 · €21.69M
Staff costs
€43k▲
2024 · €33k
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 · 40 lines
Balance sheet
Code20242025
Assets
Total assets20/58€22.47M€17.76M▼
Fixed assets21/28€4.65M€4.56M▼
Tangible fixed assets22/27€4.65M€4.56M▼
Land and buildings22€2.08M€2.03M▼
Plant, machinery and equipment23€2.58M€2.53M▼
Current assets29/58€17.82M€13.20M▼
Amounts receivable within one year40/41€17.57M€13.01M▼
Trade receivables40€16k€21k▲
Other amounts receivable41€17.55M€12.99M▼
Cash at bank and in hand54/58€104k€190k▲
Deferred charges and accrued income490/1€144k-
Equity and liabilities
Total equity and liabilities10/49€22.47M€17.76M▼
Equity10/15€781k€920k▲
Contributions10/11€1.00M€1.00M=
Capital10€1.00M€1.00M=
Issued capital100€1.00M€1.00M=
Profit (loss) carried forward14€-219k€-80k▲
Amounts payable17/49€21.69M€16.84M▼
Amounts payable within one year42/48€21.69M€16.84M▼
Trade debts44€4k€6k▲
Suppliers440/4€4k€6k▲
Taxes, remuneration and social security45€619€4k▲
Taxes450/3-€4k
Remuneration and social security454/9€619-
Other amounts payable47/48€21.69M€16.82M▼
Income statement
Code20242025
Remuneration, social security and pensions62€33k€43k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€136k€136k▲
Other operating charges640/8€12k€19k▲
Gross operating margin9900€53k€35k▼
Operating profit (loss)9901€-129k€-163k▼
Financial income75/76B€674k€303k▼
Recurring financial income75€674k€303k▼
Financial charges65/66B€132€51▼
Recurring financial charges65€132€51▼
Profit (loss) for the period before taxes9903€545k€139k▼
Profit (loss) for the period9904€545k€139k▼
Profit (loss) for the period to be appropriated9905€545k€139k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-219k€-80k▲
Profit (loss) brought forward from the previous period14P€-764k€-219k▲
Social balance
Average headcount (FTE)90871.2-
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €7k | €35k | €33k | €43k | ▲ 29.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €84k | €85k | €126k | €136k | €136k | ▲ 0.5% |
| Other operating charges640/8 | €19k | €41k | €11k | €12k | €19k | ▲ 56.5% |
| Gross operating margin9900 | €-12k | €-48k | €-28k | €53k | €35k | ▼ 33.7% |
| Operating profit (loss)9901 | €-115k | €-181k | €-201k | €-129k | €-163k | ▼ 27.1% |
| Financial income75/76B | €28k | €30k | €28k | €674k | €303k | ▼ 55.1% |
| Recurring financial income75 | €28k | €30k | €28k | €674k | €303k | ▼ 55.1% |
| Financial charges65/66B | €122 | €419 | €253 | €132 | €51 | ▼ 61.5% |
| Recurring financial charges65 | €122 | €419 | €253 | €132 | €51 | ▼ 61.5% |
| Profit (loss) for the period before taxes9903 | €-86k | €-152k | €-173k | €545k | €139k | ▼ 74.5% |
| Profit (loss) for the period9904 | €-86k | €-152k | €-173k | €545k | €139k | ▼ 74.5% |
| Profit (loss) for the period to be appropriated9905 | €-86k | €-152k | €-173k | €545k | €139k | ▼ 74.5% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €4.42M | €5.66M | €5.76M | €22.47M | €17.76M | ▼ 21.0% |
| Fixed assets21/28 | €3.63M | €4.61M | €4.75M | €4.65M | €4.56M | ▼ 2.1% |
| Tangible fixed assets22/27 | €3.63M | €4.61M | €4.75M | €4.65M | €4.56M | ▼ 2.1% |
| Land and buildings22 | €2.21M | €2.18M | €2.13M | €2.08M | €2.03M | ▼ 2.4% |
| Plant, machinery and equipment23 | €1.41M | €2.43M | €2.63M | €2.58M | €2.53M | ▼ 1.9% |
| Current assets29/58 | €798k | €1.05M | €1.00M | €17.82M | €13.20M | ▼ 25.9% |
| Amounts receivable within one year40/41 | €706k | €737k | €734k | €17.57M | €13.01M | ▼ 26.0% |
| Trade receivables40 | €6k | €6k | €7k | €16k | €21k | ▲ 27.1% |
| Other amounts receivable41 | €700k | €730k | €727k | €17.55M | €12.99M | ▼ 26.0% |
| Cash at bank and in hand54/58 | €6k | €196k | €125k | €104k | €190k | ▲ 83.3% |
| Deferred charges and accrued income490/1 | €87k | €118k | €144k | €144k | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €4.42M | €5.66M | €5.76M | €22.47M | €17.76M | ▼ 21.0% |
| Equity10/15 | €561k | €408k | €236k | €781k | €920k | ▲ 17.8% |
| Contributions10/11 | €1.00M | €1.00M | €1.00M | €1.00M | €1.00M | = |
| Capital10 | €1.00M | €1.00M | €1.00M | €1.00M | €1.00M | = |
| Issued capital100 | €1.00M | €1.00M | €1.00M | €1.00M | €1.00M | = |
| Profit (loss) carried forward14 | €-439k | €-592k | €-764k | €-219k | €-80k | ▲ 63.6% |
| Amounts payable17/49 | €3.86M | €5.25M | €5.52M | €21.69M | €16.84M | ▼ 22.4% |
| Amounts payable within one year42/48 | €3.86M | €5.25M | €5.52M | €21.69M | €16.84M | ▼ 22.4% |
| Trade debts44 | €40k | €60k | €6k | €4k | €6k | ▲ 67.9% |
| Suppliers440/4 | €40k | €60k | €6k | €4k | €6k | ▲ 67.9% |
| Taxes, remuneration and social security45 | €10k | €2k | €2k | €619 | €4k | ▲ 615% |
| Taxes450/3 | €10k | €157 | €143 | - | €4k | - |
| Remuneration and social security454/9 | - | €2k | €2k | €619 | - | - |
| Other amounts payable47/48 | €3.81M | €5.19M | €5.51M | €21.69M | €16.82M | ▼ 22.4% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-86k | €-152k | €-173k | €545k | €139k | ▼ 74.5% |
| + Depreciation and write-downs630 | €84k | €85k | €126k | €136k | €136k | ▲ 0.5% |
| Operating cash flow (approximation) | €-3k | €-67k | €-47k | €681k | €276k | ▼ 59.5% |
| Investment in fixed assets (approximation) | - | €-1.07M | €-274k | €-36k | €-39k | ▼ 10.2% |
| Change in cash | - | €190k | €-71k | €-21k | €86k | ▲ 507% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · full schema · 31 days late
2025
26-08
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 26 days late
2024
31-12
Financial
Back to profitnet €545k
Net result €545k after 6 loss-making years.
31-12
Financial
Equity above €500kEq €781k ▲231%
Equity rises from €236k to €781k.
20-08
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 20 days late
2023
31-12
Financial
Weakest financial yearnet €-173k
Net result drops to €-173k, the lowest in the series; recovery starts the following year.
23-08
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 23 days late
2022
11-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 11 days late
2021
26-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 26 days late
2020
18-08
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 18 days late
2019
26-06
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
27-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 27 days late
2017
25-04
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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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, Sint-Lambrechts-Woluwe · 1 establishment unit since 2015
Ground area
9,345 m²
Building footprint
430 m²
Volume, LiDAR
3,321 m³
2 parcels, Brussels, Wallonia · tallest building 19.4 m, ±5 floors. Linked by address, not a title deed.
161
companies at this address
See who is registered here
1 establishment unit
EQUIM
since 20152.244.924.250
2 parcels
Wallonia
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25010E0051/00C000 | Wallonia | 9,089 m² | 1 · 317 m² | 8.3 m · 2 fl. |
| 21673D0155/00E002 | Brussels | 256 m² | 1 · 113 m² | 19.4 m · 5 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 1,957 companies in sector 01430 we hold annual accounts for 743. 397 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded27-08-2015
Fiscal year end31-12
Activities, NACEBEL 2025
01430Raising of horses and other equines
93293Sports, amusement and recreation activities
93299Other amusement and recreation activities
96995Pet boarding
Contact
Phone
0477/32.34.97Chaumont-Gistoux
Scores and ratios are computed by Checked and are not a credit decision.