Equity
-€933,190
Debts exceed assets in financial year 2025.
ECURIES V.D.R.
Lifetime
18 annual accounts with figures on one time axispeak -€827 (2021)
-€4,684▼ €2,207
lowest -€89,384 (2015)
-€30,694▼ €2,708
peak €20,497 (2008)
-€933,190▼ €30,694
€1.2m▲ 1.6%
Board1 name since 2007
1 directorRudy VANDEREYKEN
Documentsfilings and deeds
09-07-202622 days before the deadline
2025micro format
Gross margin from -€2,477 to -€4,684Loss of €30,694Cash from €8,055 to €1,540
Key points
from the 2025 annual accountsLosses
-€970,690 in 18 years
Every financial year from 2008 to 2025 closed with a loss. 2015 was the heaviest.
Debts
€1.2m 442% of the balance sheet
Financial debts 2%Suppliers 0%Taxes and wages 0%Other 98%
Of this, €1.2m falls due within a year.
Turnover not published (micro format)
Checked score
53
Fair
Financially stronger than 11% of micro companies in crop and animal production (NACE 01)
Probability in this band: 1.5% to 4.2%
Negative equity caps the score at 59.
Bankruptcy probability within 12 months
0.8% Low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 5,696 companies (NACE 01, micro).
About 8 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 1.2%
01-2025: 1.2%● unchanged vs 12-2024
02-2025: 1.2%● unchanged vs 01-2025highest value
03-2025: 1.2%● unchanged vs 02-2025
04-2025: 1.2%● unchanged vs 03-2025
05-2025: 1.1%▼ -0.1 percentage points vs 04-2025
06-2025: 1.0%▼ -0.1 percentage points vs 05-2025
07-2025: 1.2%▲ +0.2 percentage points vs 06-2025
08-2025: 0.7%▼ -0.5 percentage points vs 07-2025
09-2025: 0.7%● unchanged vs 08-2025
10-2025: 0.7%● unchanged vs 09-2025
11-2025: 0.7%● unchanged vs 10-2025
12-2025: 0.7%● unchanged vs 11-2025
01-2026: 0.7%● unchanged vs 12-2025
02-2026: 0.7%● unchanged vs 01-2026
03-2026: 0.6%▼ -0.1 percentage points vs 02-2026
04-2026: 0.6%● unchanged vs 03-2026
05-2026: 0.6%● unchanged vs 04-2026
06-2026: 0.6%● unchanged vs 05-2026lowest value
07-2026: 0.6%● unchanged vs 06-2026
08-2026: 0.8%▲ +0.2 percentage points vs 07-2026
09-2026: 0.8%● unchanged vs 08-2026
10-2026: 0.8%● unchanged vs 09-2026
11-2026: 0.8%● unchanged vs 10-2026
Financial strengthWeak
Score breakdown
raises risk
Capped at 59: negative equity
Negative equity -€933,190
Loss of €30,694, the second in a row (financial year 2025)
lowers risk
Size: total assets €273,192
Sector: Crop and animal production, hunting and related service activities (NACE 01)
Calculation
The band follows from the bankruptcy probability. 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 01, micro). It does better than 5% of them on solvency, 3% on liquidity, 9% on profitability and 29% on growth.
The bankruptcy probability was computed on 09-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 6,907 companies had the same profile as ECURIES V.D.R. has now. Each dot stands for 18 companies, two years later.
85.4%
were still trading
8.1%
stopped another way
5.8%
went bankrupt
Another 0.7% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of ECURIES V.D.R. itself is lower: 0.8% within 12 months. It rests on far more data about ECURIES V.D.R. than the profile alone.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 6,907 companies, not a prediction for ECURIES V.D.R.. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
No credit on open account
Liquidity is insufficient, with a current ratio of 0.03 (0.03 in 2024), below 1. Short-term debt is 432.4% and cash 0.6% of total assets. Equity is negative.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises riskneutral
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year -€933,190
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 09-07-2026, 22 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
22 days early
2024
31 days early
2023
19 days early
2022
24 days late
2021
30 days late
2020
19 days late
2019
126 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 18 days after the deadline. In the sector (NACE 01), the median for financial year 2024 was 3 days before the deadline, and 37% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 13 July (4 of the last 5 accounts filed within 42 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0890857205
Capital decrease of €112,500
Change of role: Rudy VANDEREYKEN, from manager to director · “La prise en pension de poneys et/ou chevaux, la mise à disposition à cet effet de terrains et bâtiments, ainsi…” (deed in French) · Director discharge: Rudy VANDEREYKEN · General meeting of 27-12-2023 · Gazette deed
First establishment
Rue de la Gare 18, Faimes
Incorporation
published on 24-07-2007 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| ECURIES V.D.R. Faimes | €273,192 | -€4,684 | -341.6% | - |
| Ven40 Diest | €274,187 | -€9,886 | -34.8% | - |
| LAVIGNE KAREL Herk-de-Stad | €292,245 | -€84,732 | -228.9% | - |
| KATARINA VAN WOENSEL Heist-op-den-Berg | €226,203 | -€2,554 | -91.8% | - |
| LES PRES SAUVAGES Mons | €196,111 | -€29,709 | -56.5% | - |
| STARHORSES Herentals | €372,611 | €698 | 76.9% | - |
| Ferme des Rocs Honnelles | €381,516 | €659 | -101.3% | - |
These companies have the same main activity as ECURIES V.D.R.: raising of horses and other equines (NACE 01430). They are comparable in size and age: total assets between €196,000 and €382,000, founded between 2003 and 2011.
Official details
Source: KBO- Status
- Active since 16-07-2007Normal situation
- Activity
- Raising of horses and other equinesNACE 01430and 2 others
- Establishment unit
- 2.166.166.2874317 Faimes, since 09-11-2007
- Financial year end
- 31 December
- Peppol
- Reachable since 06-01-2026
Annual accounts 2025
- €273,192▼ 4.1%
- Filing
- Filed on 09-07-2026, 22 days before the end of the filing period
Insights on ECURIES V.D.R.
ECURIES V.D.R. files the micro format. That format states no turnover. The gross margin rose from -€13,972 in 2008 to -€4,684 in 2025.
The balance sheet grew most from 2010 to 2012 through fixed assets.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about ECURIES V.D.R.
- What is the company number of ECURIES V.D.R.?
- The company number of ECURIES V.D.R. is 0890.857.205. The VAT number is the same number with BE in front: BE 0890.857.205.
- Where is ECURIES V.D.R. based?
- The registered office is at Rue de la Gare 18, 4317 Faimes.Company details
- What does ECURIES V.D.R. do?
- According to the KBO register, the main activity is raising of horses and other equines (NACE 01430).
- What is the legal form of ECURIES V.D.R.?
- ECURIES V.D.R. is a private limited company (BV).
- When was ECURIES V.D.R. founded?
- ECURIES V.D.R. was founded on 16-07-2007.
- Is ECURIES V.D.R. still active?
- Yes, ECURIES V.D.R. is an active enterprise in the KBO register.
- What is the turnover of ECURIES V.D.R.?
- The annual accounts for financial year 2025 state no turnover. The micro format does not require it. In financial year 2018 turnover was €27,178.Financials
- Is ECURIES V.D.R. profitable?
- In financial year 2025, ECURIES V.D.R. made a loss of €30,694.
- Where can I find the annual accounts of ECURIES V.D.R.?
- ECURIES V.D.R. filed 18 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of ECURIES V.D.R. due?
- ECURIES V.D.R. must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check Compare this company with its sector.Sector benchmark See what changed in the latest annual accounts.What changed
See how customers, suppliers and banks see your own company and what to improve first.