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Eqwal DMS

Active
Private limited companyfounded 2012active for 14 yearsMaria van Hongarijelaan 80A, 1082 Sint-Agatha-Berchem, BelgiumKBO/BCE: BE 0848.094.556
Summary

Eqwal DMS has been active since 2012 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €768,434 and a net result of €87,669. Equity is growing by about 32% per year across the filed financial years. The computed 12-month bankruptcy probability is 0.9% (low).

Overview

Activity
“Le commerce de matériel médical (matériel de stomie, sondes, matériel d'incontinence, de prothèses mammaires…” (deed in French)
From the articles, 8 activitiesNo NACE code in the KBO yet
Size
€1.2mtotal assets 2025
Staff
7.1 FTE
Equity
€768,434
Profit
€87,669
Financial health
56 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
0.9%
Structure
Parent
FINICOMA · 100%
Accounts filed 144 days late4 of 10 deeds read
Why 56raises riskCapped at 59: a confirmed filing findingLatest accounts 144 days late; 2 of the last 3 lateNo registered site in the KBOlowers riskFounded in 2012Liquidity: current ratio 2.56, cash €151,038Show the evidence

Checked score

Score 2025
56 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 64% of its sector peers (NACE 47, micro)
A confirmed filing finding caps the score at 59. Every signal that counts is listed under Signals.
Financial strength · tick = 2024
Strong
Solvency 88+8
equity 63.2% of total assets
Liquidity 49+5
short-term debt 36.8% · cash 12.4%
Profitability 78-1
return on assets 7.2%
Bankruptcy probability, 12 months
0.9% Low
0%0.5%1.5%4%10%≥ 25%

About 9 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.6% (40,225 companies, NACE 47, micro)
Last 24 months 11-2024: 0.4% 12-2024: 0.4%● unchanged vs 11-2024 01-2025: 0.4%● unchanged vs 12-2024lowest value 02-2025: 0.4%● unchanged vs 01-2025lowest value 03-2025: 0.4%● unchanged vs 02-2025 04-2025: 0.4%● unchanged vs 03-2025 05-2025: 0.4%● unchanged vs 04-2025 06-2025: 0.4%● unchanged vs 05-2025 07-2025: 0.4%● unchanged vs 06-2025 08-2025: 0.4%● unchanged vs 07-2025 09-2025: 0.4%● unchanged vs 08-2025 10-2025: 0.4%● unchanged vs 09-2025 11-2025: 0.4%● unchanged vs 10-2025 12-2025: 0.4%● unchanged vs 11-2025 01-2026: 0.4%● unchanged vs 12-2025 02-2026: 0.4%● unchanged vs 01-2026 03-2026: 0.4%● unchanged vs 02-2026 04-2026: 0.6%▲ +0.2 percentage points vs 03-2026 05-2026: 1.0%▲ +0.4 percentage points vs 04-2026 06-2026: 1.2%▲ +0.2 percentage points vs 05-2026 07-2026: 1.7%▲ +0.5 percentage points vs 06-2026 08-2026: 1.8%▲ +0.1 percentage points vs 07-2026 09-2026: 2.6%▲ +0.8 percentage points vs 08-2026highest value 10-2026: 0.9%▼ -1.7 percentage points vs 09-2026
Credit of up to €40,000 on 30-day terms, only on tighter conditions: the latest accounts were filed more than 90 days after the deadline
Liquidity ample (current ratio 2.56, compared with 2.09 in 2024, above the usual 1.5; short-term debt: 36.8% and cash: 12.4% of total assets), and 36.8% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 47, micro): better than 75% on solvency, 49% on liquidity, 67% on profitability and 65% on growth.

The bankruptcy probability was computed on 19-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
lowers riskraises risk
raises risk · Latest accounts 144 days late; 2 of the last 3 late
NBB · filings
raises risk · No registered site in the KBO
KBO · seat and establishments
lowers risk · Founded in 2012
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
lowers risk · Liquidity: current ratio 2.56, cash €151,038
NBB · annual accounts
raises risk · Filed more than 90 days late
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 21-09-2026, 144 days past the deadline. Measured on financial year 2023: of the companies more than 90 days late, 5.61% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers.
NBB · 10 filings
Deviation from the deadline
2025
144 days late
2024
13 days early
2023
91 days late
2022
19 days early
2021
19 days late
2020
26 days late
2019
23 days late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 7 accounts on average 39 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-09-2026 is due by 30-04-2027. Nothing is late today. The company usually files around 31 July (3 of the last 3 filed years within 105 days of that day).
Companies Code · seven months
Where today falls in the filing period
30-09-2026 year end19-10-2026 today30-04-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · abbreviated…
  2. Restructuring · End & cessationMerger · Shareholding · Declaration
  3. RestructuringPermanent representative: Jean-Pierre Mahé ·…

Key points

  • Caution: Latest accounts filed lateafter the legal deadline 144 days View
  • Caution: Absorbed by EQWAL NHCabsorbed on 06-05-2026 2026 View
  • Positive: 8 profitable years in a rowprofit 2025: €87,669 8 years View
  • Controlled by FINICOMAultimately: Ovalie Développement 4 100% View

By topic

Financials

Financial year
2025
Total assets
€1.2m
Profit
€87,669
Solvency
63.2%
Total assets▼ 1.0%
Net result
20182025
Go to Financials

Timeline

Events
21
Since
2014
Next accounts
by 30-04-2027
  1. 13-10-2025Amendment of the articles · Name
  2. 27-05-2025Resignations & appointments
  3. 17-04-2025Annual accounts filed
Go to Timeline

Company details

Legal form
Private limited company
Founded
20-08-2012
Year ends
30-09
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
5
Purpose
“Le commerce de matériel médical (matériel de stomie, sondes, matériel d'incontinence, de…” (deed in French)
Go to Articles of association

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