Aeque · Checked.be

Summary

Conclusion

the dossier summarised in one paragraph

The computed 12-month bankruptcy probability of Aeque is 0.3% (very low). The 2025 annual accounts show equity of €10k and a net result of €101k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 17% of 1957 sector peers (fiscal year 2025). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 5 annual accounts.

Signals

2 signals · with evidence

Weak solvency vs sector

Solvency (equity / total assets) is in the sector's weakest quartile: better than 17% of 1957 sector peers (2025).

View the sector comparison

Consistently profitable

Positive net result in the two most recent financial years (2024 and 2025).

View the result 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

Latest accounts filed on time

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-03-2026, 122 days ahead of the deadline. This speaks to administrative punctuality and says nothing about the financial position.

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.

How we compute the deadline

The year end is derived from 5 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 31-12-2025, that is 31-07-2026.

Deadline per financial year

Year closed	Due by	Filed	Variance	Reference
31-12-2025	31-07-2026	31-03-2026	122 d early	2026-00067385
31-12-2024	31-07-2025	11-07-2025	20 d early	2025-00266455
31-12-2023	31-07-2024	12-07-2024	19 d early	2024-00238273
31-12-2022	31-07-2023	28-06-2023	33 d early	2023-00176685
31-12-2021	31-07-2022	05-07-2022	26 d early	2022-20131790

Source: the National Bank's deposit records, as we have ingested them. NOTE: our copy has a gap across June to August 2026, missing roughly 220,000 deposits; for July we hold 15,605 of about 137,000 expected. A year whose deadline falls in that window shows as not confirmed, not as not filed. 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 2021, 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

0.3% Very low

0%0,5%1,5%4%10%≥25%

Lower-failure-rate sector −Young company +Annual accounts: healthy financial profile −

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

Financials

TurnoverNot published (micro schema)

EBIT marginNot published (micro schema)

Net result€101k-17.7%

Working capital€11k-40.5%

CSV export

Annual accounts & ratios

Source: NBB · 2025

Annual accounts filed on 31-03-2026 with the NBB · fiscal year 2025 · micro

Operating resultNet result

Trajectory (indicative)

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

volatile Too volatile to project: the yearly deviation from the trend is ~62% of the level (threshold 35%). We therefore deliberately show no projection line.

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 2025 · NACE 69, Legal & accounting · compared within the same schema type (micro schema)

Metric	This company	Sector median	Position in the sector
Solvency	6.2%	53.8%	better than 17% of 1957 sector peers
Net result	€101k	€43k	better than 82% of 1957 sector peers
Equity	€10k	€56k	better than 23% of 1958 sector peers
Gross operating margin	€137k	€68k	better than 80% of 1956 sector peers
Total assets	€160k	€133k	better than 57% of 1957 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 P17

Weakening position over 2021-2025 · n=1559-4828

Net result P82

Improving position over 2021-2025 · n=1556-4825

Equity P23

Weakening position over 2021-2025 · n=1559-4828

Gross operating margin P80

Improving position over 2021-2025 · n=1554-4823

Describes the position versus peers, not a forecast.

EBITDA

€136k

-19.8% 21-25

Net profit

€101k

-17.7% 21-25

Cash flow

€107k

-19.2% 21-25

Total assets

€160k

-30.5% 21-25

Equity

€10k

-65.8% 21-25

Working capital

€11k

-40.5% 21-25

Income taxes

€29k

-21.4% 21-25

Dividends

€120k

-31.8% 21-25

Show 9 other metrics

Debt

€150k

-25.4% 21-25

Debt ≤ 1y

€145k

-28.2% 21-25

Current ratio

1.08

-1.5% 21-25

Quick ratio

1.08

-1.5% 21-25

Solvency

6.2%

-50.7% 21-25

Debt / equity

15.02

+118.0% 21-25

ROE

1011.0%

+140.4% 21-25

ROA

63.1%

+18.4% 21-25

Interest coverage

552.42

+27.1% 21-25

Figures by fiscal year

Highlight YoY changes (±10%)

Fiscal year	2025
Deposit	micro
Revenue	-
EBITDA	€136k
Net profit	€101k
Cash flow	€107k
Staff costs	-
Income taxes	€29k
Dividends	€120k
Total assets	€160k
Equity	€10k
Debt	€150k
of which ≤ 1y	€145k
of which > 1y	-
Working capital	€11k
Employees (FTE)	-

Ratios (computed)

	2025
Current ratio	1.08
Quick ratio	1.08
Working capital ratio	7.0%
Solvency	6.2%
Debt / equity	15.02
Long-term debt ratio	-
Interest coverage	552.42
Gross margin	-
Net margin	-
ROA	63.1%
ROE	1011.0%
EBITDA margin	-
Days sales outstanding	-
Days payable outstanding	-
Inventory turnover	-
Days inventory (DSI)	-

Balance-sheet composition 2025

Assets

Fixed assets €4k · 2.8% Current assets €156k · 97.2%

Equity & liabilities

Equity €10k · 6.2% Debt €150k · 93.8%

Full annual accounts (22 line items)

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

Line item	Code	2025
Balance sheet, Assets
TOTAL ASSETS	20/58	€160k
Fixed assets	21/28	€4k
Tangible fixed assets	22/27	€4k
Current assets	29/58	€156k
Amounts receivable within one year	40/41	€44k
Cash & bank	54/58	€84k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€160k
Equity	10/15	€10k
Contributions / capital	10/11	€10k
Reserves	13	€0
Accumulated profits (losses)	14	€0
Amounts payable	17/49	€150k
Amounts payable within one year	42/48	€145k
Trade debts payable within one year	44	€153
Income statement
Gross operating margin	9900	€137k
Operating result	9901	€130k
Financial income	75	€59
Financial charges	65	€247
Result before taxes	9903	€130k
Income taxes	67/77	€29k
Net result for the period	9904	€101k
Result to be appropriated	9905	€101k

This table shows the latest fiscal year. 4 prior years, with figures and ratios, belong to a paid plan. See plans →

Ratios computed by Checked.

Health barometer

FY 2025 · computed

65 / 100 Healthy

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.

The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.

See plans →

Computed by Checked from the NBB filing for FY 2025. Indicative, not credit advice.

Structure & network

Locations & real estate

Registered office

on the map · from the address register

exact location from the address register On OpenStreetMap

3 companies at this address See who is registered here

Establishment units

1 location

Aeque

Brasschaatsebaan 78, 2970 SchildeActiviteiten van advocaten

since 20212.313.655.777

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

Parcels1

Ground area2,329 m²

Buildings1

Building footprint211 m²

Volume (LiDAR)1,266 m³

Tallest building9.6 m · ±2 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%)