EquiTerra · Checked.be

Summary

Conclusion

the dossier summarised in one paragraph

The computed 12-month bankruptcy probability of EquiTerra is 0.1% (very low). The 2024 annual accounts show equity of €90k and a net result of €29k. Equity is growing by ~56.5% per year across the filed fiscal years. Its solvency ranks better than 70% of 556 sector peers (fiscal year 2024). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 3 annual accounts.

Signals

2 signals · with evidence

Consistently profitable

Positive net result in the two most recent financial years (2023 and 2024).

View the result trend

Growing equity

Equity grew over 2022-2024. Profits are largely retained rather than distributed.

View the equity trend

Signals are derived from the filed annual accounts and the sector comparison. No composite score: each signal is separately verifiable at the source.

Filing behaviour

From the deposit records, complete market-wide

Deadline passed, not yet counted as missing

The deadline for the year that closed on 31-12-2025 passed on 31-07-2026, 12 days ago. Our copy of the deposit register trails the National Bank (measured: median 14 days, p99 45 days), so we only call this filing missing from 45 days past the deadline.

Latest accounts filed on time

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 24-07-2025, 7 days ahead of the deadline. This speaks to administrative punctuality and says nothing about the financial position.

How we compute the deadline

The year end is derived from 3 filed financial years, each closing on 31-12. The statutory deadline is seven months after the close of the financial year (art. 3:10 par. 1 CAC, art. 3:47 par. 7 for ASBL and foundations). Applied to the financial year that closed on 31-12-2024, that is 31-07-2025.

Deadline per financial year

Year closed	Due by	Filed	Variance	Reference
31-12-2025	31-07-2026	nothing on record	not filed	-
31-12-2024	31-07-2025	24-07-2025	7 d early	2025-00301878
31-12-2023	31-07-2024	27-06-2024	34 d early	2024-00170012
31-12-2022	31-07-2023	07-08-2023	7 d late	2023-00315862

Source: the National Bank's deposit records. Those records are complete, including for years whose figures we have not read yet. Filing late covers nearly half the market and is therefore not scored; only not filing, being more than 90 days late and breaking a punctual record carry weight.

Trust signals

2 signals

More than 3 years active

Founded in 2022, past the statistically most fragile first 3 years.

No legal incidents

No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.

Administrative Flags

No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

Bankruptcy probability (12 mo)

Checked model v1 · free for everyone

0.1% Very low

0%0,5%1,5%4%10%≥25%

Lower-failure-rate sector −Young company +

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Financials

TurnoverNot published (abbreviated filing)

EBIT marginNot published (abbreviated filing)

Net result€29k-26.3%

Working capital€79k+66.8%

CSV export

Annual accounts & ratios

Source: NBB · 2024

Annual accounts filed on 24-07-2025 with the NBB · fiscal year 2024 · micro

Operating resultNet result

Trajectory (indicative)

Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.

growing Equity: growth of ~56.5%/year over 3 fiscal years, indicative, assuming unchanged policy.

Solid line = filed figures · dashed = extended trend · area = indicative range.

How do we compute this?

The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.

The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.

A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).

Sector comparison

Fiscal year 2024 · NACE 75 · compared within the same schema type (micro schema)

Metric	This company	Sector median	Position in the sector
Solvency	67.1%	49.2%	better than 70% of 556 sector peers
Net result	€29k	€25k	better than 54% of 556 sector peers
Equity	€90k	€55k	better than 66% of 556 sector peers
Gross operating margin	€51k	€52k	better than 49% of 556 sector peers
Total assets	€135k	€136k	better than 50% of 556 sector peers

Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.

Sector position over time

Percentile per fiscal year versus peers that filed figures, computed year by year (a year without enough peers is absent).

Solvency P70

Improving position over 2022-2024 · n=333-556

Net result P54

Stable position over 2022-2024 · n=333-556

Equity P66

Improving position over 2022-2024 · n=333-556

Gross operating margin P49

Stable position over 2022-2024 · n=333-556

Describes the position versus peers, not a forecast.

EBITDA

€50k

-24.0% 22-24

Net profit

€29k

-26.3% 22-24

Cash flow

€38k

-21.4% 22-24

Total assets

€135k

+53.8% 22-24

Equity

€90k

+47.9% 22-24

Working capital

€79k

+66.8% 22-24

Income taxes

€12k

+4.5% 22-24

Debt

€44k

+67.4% 22-24

Debt ≤ 1y

€44k

+67.4% 22-24

Current ratio

2.78

-0.2% 22-24

Quick ratio

2.78

-0.2% 22-24

Solvency

67.1%

-3.8% 22-24

Debt / equity

0.49

+13.2% 22-24

ROE

32.4%

-50.2% 22-24

ROA

21.7%

-52.1% 22-24

Interest coverage

145.85

-48.3% 22-24

Figures by fiscal year

Highlight YoY changes (±10%)

Fiscal year	2024
Deposit	micro
Revenue	-
EBITDA	€50k
Net profit	€29k
Cash flow	€38k
Staff costs	-
Income taxes	€12k
Dividends	-
Total assets	€135k
Equity	€90k
Debt	€44k
of which ≤ 1y	€44k
of which > 1y	-
Working capital	€79k
Employees (FTE)	-

Ratios (computed)

	2024
Current ratio	2.78
Quick ratio	2.78
Working capital ratio	58.5%
Solvency	67.1%
Debt / equity	0.49
Long-term debt ratio	-
Interest coverage	145.85
Gross margin	-
Net margin	-
ROA	21.7%
ROE	32.4%
EBITDA margin	-
Days sales outstanding	-
Days payable outstanding	-
Inventory turnover	-
Days inventory (DSI)	-

Balance-sheet composition 2024

Assets

Fixed assets €12k · 8.6% Current assets €123k · 91.4%

Equity & liabilities

Equity €90k · 67.1% Debt €44k · 32.9%

Full annual accounts

Filed balance sheet and income statement, exactly as deposited with the NBB.

Line item	Code	2024
Balance sheet, Assets
TOTAL ASSETS	20/58	€135k
Fixed assets	21/28	€12k
Tangible fixed assets	22/27	€12k
Current assets	29/58	€123k
Amounts receivable within one year	40/41	€19k
Cash & bank	54/58	€77k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€135k
Equity	10/15	€90k
Contributions / capital	10/11	€100
Accumulated profits (losses)	14	€90k
Amounts payable	17/49	€44k
Amounts payable within one year	42/48	€44k
Trade debts payable within one year	44	€1k
Income statement
Gross operating margin	9900	€51k
Operating result	9901	€41k
Financial income	75	€803
Financial charges	65	€343
Result before taxes	9903	€42k
Income taxes	67/77	€12k
Net result for the period	9904	€29k
Result to be appropriated	9905	€29k

You're seeing the latest fiscal year only. Unlock 2 prior years (figures + ratios) with a paid plan. See plans →

Ratios computed by Checked.

Health barometer

FY 2024 · computed

93 / 100 Excellent

050100

Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

Unlock the full score breakdown, per-year score history and the indicative credit limit from Kantoor S.

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Computed by Checked from the NBB filing for FY 2024. Indicative, not credit advice.

Structure & network

Locations & real estate

Registered office

from the Crossroads Bank

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.

Bampsstraat 883540 Herk-de-Stad

Establishment units

1 location

EquiTerra

Bampsstraat 88, 3540 Herk-de-StadVeterinaire diensten

since 20222.331.549.804

Physical sites registered in the Crossroads Bank for Enterprises (CBE).

Parcels1

Ground area355 m²

Buildings1

Building footprint194 m²

Volume (LiDAR)632 m³

Tallest building11.0 m · ±1 fl.

Real-estate footprint

Source: CBE × cadastre · address linking

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
71012A0549/00A000 ProtectedMonument · Townscape or village viewVakwerkhoeve met losse bestanddelenSource ↗	Flanders	355 m²	1 · 194 m²	11.0 m · 1 fl.

Methodology

via registered seat: 1

1 of 1 parcels with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

1 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).

Publications

Lifecycle & Insolvency Signals

No insolvency signals in the Belgian State Gazette

Belgian State Gazette · acts

No structured acts for this company yet

That means one of two things: the company has published no company deeds, or its deeds are still queued for reading. The insolvency signals above come from a separate source; the KBO register is the second source and appears as the legal situation on this page.

Analysis

Snowflake analysis

financial profile on 5 axes

93 / 100

Exceptional profile, strong across almost every axis.

All 5 axes are computed from data Checked has read.

Health 93

Profitability 100

Solvency 100

Growth 78

Stability 94

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