EQCOLOGIC
ActiveSummary
EQCOLOGIC has been active since 2005 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €4.4m and a net result of €279,212. Equity has been stable since 2019 (±2.3% per year). Its solvency ranks better than 95% of 892 sector peers (NACE 71, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 01-07-2005 Normal situation
- Registered office
- 20 active companies are registered at this address Source: KBO register, as of 3 November 2026.
- Activity
- Engineering and related technical consultancy, excluding land surveyors NACE 71121
- Joint committee
- 200 Aanvullend Paritair Comité voor de bedienden · annual accounts 31-03-2024
- Establishment unit
- 2.229.427.313 1160 Oudergem, since 05-08-2005
- Financial year end
- 31 March
- Peppol
- Reachable since 19-12-2025
Board and ownership
Board
- Sharif NawazChair
- James Eric BJORNHOLTDirector
Shareholders
- Microchip Technology Incconsolidatesannual accounts 31-03-2025
Financial position
- Bankruptcy probabilitywithin 12 months
- < 0.1%
Annual accounts to 31-03-2025
- Gross margin
- €1.2m
- ▼ 11.4%
- Turnover
- ≈ €2.1m
- estimated
- Profit
- €279,212
- ▲ 92.5%
- Equity
- €4.4m
- ▲ 6.7%
- Total assets
- €4.8m
- ▲ 3.8%
- Employees on 31-03-2025
- 7
- =
- 2026 accounts not filed, 3 days past the deadline
Score breakdownraises riskFigures for financial year 2025 (filed on 03-11-2025)lowers riskLiquidity: current ratio 18.05, cash €2.0mEquity €4.4m (92.1% of total assets)Founded in 2005Show the evidence
Checked score
Score 2025
96
/ 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 70% of micro companies in architecture and engineering (NACE 71)
Financial strength · tick: 2024
Strong
Solvency
100=
equity 92.1% of total assets
Liquidity
100=
short-term debt 4.8% · cash 42.2%
Profitability
76+31
return on assets 5.8%
Bankruptcy probability within 12 months
< 0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: < 0.1%
01-2025: < 0.1%● unchanged vs 12-2024
02-2025: < 0.1%● unchanged vs 01-2025
03-2025: < 0.1%● unchanged vs 02-2025
04-2025: < 0.1%● unchanged vs 03-2025
05-2025: < 0.1%● unchanged vs 04-2025
06-2025: < 0.1%● unchanged vs 05-2025
07-2025: < 0.1%● unchanged vs 06-2025
08-2025: < 0.1%● unchanged vs 07-2025
09-2025: < 0.1%● unchanged vs 08-2025
10-2025: < 0.1%● unchanged vs 09-2025
11-2025: 0.1%▲ +0.1 percentage points vs 10-2025highest value
12-2025: < 0.1%▼ -0.1 percentage points vs 11-2025
01-2026: < 0.1%● unchanged vs 12-2025
02-2026: < 0.1%● unchanged vs 01-2026
03-2026: < 0.1%● unchanged vs 02-2026
04-2026: < 0.1%● unchanged vs 03-2026lowest value
05-2026: < 0.1%● unchanged vs 04-2026lowest value
06-2026: < 0.1%● unchanged vs 05-2026lowest value
07-2026: < 0.1%● unchanged vs 06-2026
08-2026: < 0.1%● unchanged vs 07-2026
09-2026: < 0.1%● unchanged vs 08-2026
10-2026: < 0.1%● unchanged vs 09-2026
11-2026: < 0.1%● unchanged vs 10-2026
Credit of up to €420,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 18.05 (15.57 in 2024), above the usual 1.5. Short-term debt is 4.8% and cash 42.2% of total assets. 7.9% of the assets are financed with debt and provisions.
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 71, micro). It does better than 87% of them on solvency, 97% on liquidity, 42% on profitability and 52% on growth.
The bankruptcy probability was computed on 02-11-2026 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.
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).
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
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
19202122232425
2019 to 2025 · latest year €4.4m
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 30-10-2025, 1 day ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2026
not filed
2025
1 day early
2024
7 days late
2023
on the day
2022
42 days late
2021
19 days late
2020
12 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 6 accounts on average 13 days after the deadline. In the sector (NACE 71), the median for financial year 2024 was 8 days before the deadline, and 34% of those companies filed late.
Searched, nothing found (1)
Financials
Financials · financial year 2025, full format
Annual accounts 2025 filed on 30-10-2025 PDF all 19 filings
Turnover
≈ €2.1m
Estimated: probably between €1.4m and €3.5m
EBIT margin
Not included in this filing
Net result
€279,212▲ 92.5%
2024 · €145,073
Working capital
€3.9m▲ 10.2%
2024 · €3.6m
Multi-year overview
2019 to 2025, 7 financial yearsOperating result
€330,776
▲ 41.3%
2025
20192025
Net result
€279,212
▲ 92.5%
2025
highest quarter of the sector
20192025
Equity
€4.4m
▲ 6.7%
2025
highest quarter of the sector
20192025
Total assets
€4.8m
▲ 3.8%
2025
middle half of the sector
20192025
Debt
€280,679
▲ 14.2%
2025
20192025
Working capital
€3.9m
▲ 10.2%
2025
highest quarter of the sector
20192025
Solvency
92.1%
▲ 2.5pp
2025
highest quarter of the sector
20192025
Current ratio
18.05
▲ 2.47
2025
highest quarter of the sector
20192025
Return on assets (ROA)
5.8%
▲ 2.7pp
2025
middle half of the sector
20192025
Staff (FTE)
6.5
=
2025
middle half of the sector
20192025
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line2019202020212022202320242025
Operating result€0.2m-€0.1m▼ 35.5%-€0.1m€0.4m€0.07m▼ 82.5%€0.2m▲ 247%€0.3m▲ 41.3%
Net result€0.08m-€0.04mwithin the sector's middle half▼ 50.1%-€0.2mbelow the sector's middle half€0.3mabove the sector's middle half€0.04mwithin the sector's middle half▼ 88.7%€0.1mwithin the sector's middle half▲ 297%€0.3mabove the sector's middle half▲ 92.5%
Equity€3.8m-€3.8mabove the sector's middle half▲ 1.1%€3.6mabove the sector's middle half▼ 4.2%€4.0mabove the sector's middle half▲ 8.9%€4.0mabove the sector's middle half▲ 0.9%€4.2mabove the sector's middle half▲ 3.6%€4.4mabove the sector's middle half▲ 6.7%
Total assets€4.3m-€4.3mabove the sector's middle half▼ 0.1%€4.3mabove the sector's middle half▼ 1.8%€4.4mabove the sector's middle half▲ 3.3%€4.4mabove the sector's middle half▲ 1.0%€4.6mabove the sector's middle half▲ 4.3%€4.8mwithin the sector's middle half▲ 3.8%
Debt€0.5m-€0.4m▼ 2.8%€0.3m▼ 36.8%€0.3m▲ 1.2%€0.2m▼ 25.1%€0.2m▲ 17.1%€0.3m▲ 14.2%
Working capital€3.8m-€3.9mabove the sector's middle half▲ 3.5%€3.8mabove the sector's middle half▼ 1.6%€4.0mabove the sector's middle half▲ 4.4%€4.1mabove the sector's middle half▲ 3.5%€3.6mabove the sector's middle half▼ 13.7%€3.9mabove the sector's middle half▲ 10.2%
Solvency86.6%-87.7%above the sector's middle half▲ 1.0pp85.6%above the sector's middle half▼ 2.1pp90.2%above the sector's middle half▲ 4.7pp90.1%above the sector's middle half▼ 0.1pp89.6%above the sector's middle half▼ 0.6pp92.1%above the sector's middle half▲ 2.5pp
Current ratio14.17-17.00above the sector's middle half▲ 2.8315.36above the sector's middle half▼ 1.6315.77above the sector's middle half▲ 0.4120.79above the sector's middle half▲ 5.0215.57above the sector's middle half▼ 5.2218.05above the sector's middle half▲ 2.47
Return on assets (ROA)1.9%-1.0%within the sector's middle half▼ 1.0pp-3.7%below the sector's middle half▼ 4.7pp7.4%within the sector's middle half▲ 11.1pp0.8%within the sector's middle half▼ 6.6pp3.1%within the sector's middle half▲ 2.3pp5.8%within the sector's middle half▲ 2.7pp
Staff (FTE)5.7-6.5within the sector's middle half6.5within the sector's middle half=5.9within the sector's middle half▼ 9.2%6.5within the sector's middle half▲ 10.2%6.5within the sector's middle half=
above
within
below
The sector band is the middle half of the companies in Architectural and engineering activities; technical testing and analysis (NACE 71). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
The operating result for 2025 is 41% higher than in 2024. It is the second rise in a row, after the fall in 2023.
The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €4.8m
Fixed assets
€638,934 ▼ 21.7%
Current assets
€4.2m ▲ 9.2%
Equity and liabilities €4.8m
Equity
€4.4m ▲ 6.7%
Provisions
€100,208 ▼ 58.0%
Debt
€280,679 ▲ 14.2%
Debt's share of the balance-sheet total rises from 5.3% to 5.8%. Equity and debt are higher.
Key figures and ratios
EBITDA
€531,696▲
2024 · €353,169
Cash flow
€480,132▲
2024 · €264,209
Debt to equity
0.06▲
2024 · 0.06
ROE
6.3%▲
2024 · 3.5%
Interest coverage
6.07▲
2024 · 2.72
Debt ≤ 1 year
€231,334▼
2024 · €245,455
Income taxes
€424▼
2024 · €1,827
Staff costs
€832,187▼
2024 · €1.0m
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Staff
| Item | 31-03-2022 | 31-03-2023 | 31-03-2024 | 31-03-2025 |
|---|---|---|---|---|
| Employees at the balance-sheet date | 7 | 7 | 7 | 7 |
| full-time | 6 | 6 | 6 | 6 |
| part-time | 1 | 1 | 1 | 1 |
| in full-time equivalents | 6.5 | 6.5 | 6.5 | 6.5 |
| Average over the year, in full-time equivalents | 6.5 | 5.9 | 6.5 | 6.5 |
| On a permanent contract | 7 | 7 | 7 | 7 |
| Joined | - | 1 | - | 0 |
| Left | - | 1 | - | 0 |
Source: social balance sheet in the 2022 to 2025 annual accounts
Investments
| Item | 31-03-2020 | 31-03-2022 | 31-03-2023 | 31-03-2024 | 31-03-2025 |
|---|---|---|---|---|---|
| Tangible fixed assets | €1,834 | €2,456 | - | €766,838 | €51,221 |
| Depreciation and write-downs of the year | €95,055 | €34,529 | €33,979 | €119,136 | €200,920 |
Source: notes to the 2020 to 2025 annual accounts (statement of fixed assets)
Annual accounts
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | €0.005m | €0.07m | €0 | ▼ 100% |
| Remuneration, social security and pensions62 | - | €1.0m | - | €0.9m | €1.0m | €1.0m | €0.8m | ▼ 17.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €0.1m | €0.1m | €0.04m | €0.03m | €0.03m | €0.1m | €0.2m | ▲ 68.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | €0 | - | - | - | - | - | - |
| Provisions for liabilities and charges: additions (uses and reversals)635/8 | - | -€0.03m | - | -€0.2m | €0.08m | €0.01m | -€0.1m | - |
| Other operating charges640/8 | - | €0.01m | - | €0.01m | €0.02m | €0.01m | €0.001m | ▼ 92.4% |
| Non-recurring operating charges66A | - | - | - | €0.01m | €0 | - | €0.001m | - |
| Gross operating margin9900 | €1.0m | €1.2m | €0.9m | €1.1m | €1.2m | €1.4m | €1.2m | ▼ 11.4% |
| Operating profit (loss)9901 | €0.2m | €0.1m | -€0.1m | €0.4m | €0.07m | €0.2m | €0.3m | ▲ 41.3% |
| Financial income75/76B | - | €0.01m | - | €0.07m | €0.1m | €0.04m | €0.04m | ▼ 14.5% |
| Recurring financial income75 | €0.01m | €0.01m | €0.1m | €0.07m | €0.1m | €0.04m | €0.04m | ▼ 14.5% |
| Financial charges65/66B | - | €0.1m | - | €0.1m | €0.1m | €0.1m | €0.09m | ▼ 32.5% |
| Recurring financial charges65 | €0.1m | €0.1m | €0.1m | €0.1m | €0.1m | €0.1m | €0.09m | ▼ 32.5% |
| Profit (loss) for the period before taxes9903 | €0.08m | €0.04m | -€0.1m | €0.3m | €0.04m | €0.1m | €0.3m | ▲ 90.4% |
| Income taxes67/77 | - | - | €0.03m | €0.001m | €0.004m | €0.002m | €424 | ▼ 76.8% |
| Profit (loss) for the period9904 | €0.08m | €0.04m | -€0.2m | €0.3m | €0.04m | €0.1m | €0.3m | ▲ 92.5% |
| Profit (loss) for the period to be appropriated9905 | €0.08m | - | -€0.2m | €0.3m | €0.04m | €0.1m | €0.3m | ▲ 92.5% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €4.3m | €4.3m | €4.3m | €4.4m | €4.4m | €4.6m | €4.8m | ▲ 3.8% |
| Fixed assets21/28 | €0.3m | €0.2m | €0.2m | €0.1m | €0.09m | €0.8m | €0.6m | ▼ 21.7% |
| Intangible fixed assets21 | €161 | €0 | - | - | - | - | - | - |
| Tangible fixed assets22/27 | €0.3m | €0.2m | €0.2m | €0.1m | €0.09m | €0.8m | €0.6m | ▼ 21.7% |
| Plant, machinery and equipment23 | - | €0.1m | - | €0.07m | €0.06m | €0.8m | €0.6m | ▼ 20.0% |
| Furniture and vehicles24 | - | €0.002m | - | €0.002m | €0.001m | €0.001m | €0.001m | ▼ 52.8% |
| Other tangible fixed assets26 | - | €0.09m | - | €0.06m | €0.04m | €0.02m | €0 | ▼ 100% |
| Financial fixed assets28 | €400 | €400 | €400 | €400 | €400 | €400 | €400 | = |
| Current assets29/58 | €4.1m | €4.1m | €4.1m | €4.3m | €4.4m | €3.8m | €4.2m | ▲ 9.2% |
| Amounts receivable within one year40/41 | €2.0m | €2.2m | €2.0m | €2.4m | €2.3m | €1.9m | €2.1m | ▲ 15.0% |
| Trade receivables40 | - | €0.05m | - | €0.06m | €0.04m | €0.04m | €0.007m | ▼ 82.0% |
| Other amounts receivable41 | - | €2.2m | - | €2.3m | €2.3m | €1.8m | €2.1m | ▲ 17.0% |
| Cash at bank and in hand54/58 | €2.0m | €1.9m | €2.0m | €1.9m | €2.0m | €1.9m | €2.0m | ▲ 4.4% |
| Deferred charges and accrued income490/1 | - | €0.02m | - | €0.03m | €0.02m | €0.02m | €0.004m | ▼ 72.3% |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €4.3m | €4.3m | €4.3m | €4.4m | €4.4m | €4.6m | €4.8m | ▲ 3.8% |
| Equity10/15 | €3.8m | €3.8m | €3.6m | €4.0m | €4.0m | €4.2m | €4.4m | ▲ 6.7% |
| Contributions10/11 | €4.0m | €4.0m | €4.0m | €4.0m | €4.0m | €4.0m | €4.0m | = |
| Capital10 | - | €4.0m | - | €4.0m | €4.0m | €4.0m | €4.0m | = |
| Issued capital100 | - | €4.0m | - | €4.0m | €4.0m | €4.0m | €4.0m | = |
| Contributions outside capital11 | - | €0.02m | - | €0.02m | €0.02m | €0.02m | €0.02m | = |
| Share premium1100/10 | - | €0.02m | - | €0.02m | €0.02m | €0.02m | €0.02m | = |
| Reserves13 | €0.004m | €0.004m | €0.004m | €0.004m | €0.006m | €0.01m | €0.03m | ▲ 105% |
| Non-distributable reserves130/1 | - | €0.004m | - | €0.004m | €0.006m | €0.01m | €0.03m | ▲ 105% |
| Legal reserve130 | - | €0.004m | - | €0.004m | €0.006m | €0.01m | €0.03m | ▲ 105% |
| Profit (loss) carried forward14 | -€0.2m | -€0.2m | -€0.3m | -€0.01m | €0.02m | €0.2m | €0.4m | ▲ 166% |
| Provisions and deferred taxes16 | €0.1m | €0.1m | €0.3m | €0.2m | €0.2m | €0.2m | €0.1m | ▼ 58.0% |
| Provisions for liabilities and charges160/5 | - | €0.1m | - | €0.2m | €0.2m | €0.2m | €0.1m | ▼ 58.0% |
| Other liabilities and charges164/5 | - | €0.1m | - | €0.2m | €0.2m | €0.2m | €0.1m | ▼ 58.0% |
| Amounts payable17/49 | €0.5m | €0.4m | €0.3m | €0.3m | €0.2m | €0.2m | €0.3m | ▲ 14.2% |
| Amounts payable within one year42/48 | €0.3m | €0.2m | €0.3m | €0.3m | €0.2m | €0.2m | €0.2m | ▼ 5.8% |
| Trade debts44 | €0.05m | €0.07m | €0.09m | €0.04m | €0.05m | €0.07m | €0.05m | ▼ 32.3% |
| Suppliers440/4 | - | €0.07m | - | €0.04m | €0.05m | €0.07m | €0.05m | ▼ 32.3% |
| Taxes, remuneration and social security45 | - | €0.1m | - | €0.2m | €0.2m | €0.2m | €0.2m | ▲ 9.9% |
| Taxes450/3 | - | €0.001m | - | €0.02m | €0.009m | €0.009m | €0.009m | ▲ 1.4% |
| Remuneration and social security454/9 | - | €0.1m | - | €0.2m | €0.1m | €0.1m | €0.2m | ▲ 10.4% |
| Other amounts payable47/48 | - | €0.02m | - | €0.05m | €0.01m | €0.02m | €0.01m | ▼ 39.2% |
| Accrued charges and deferred income492/3 | - | €0.2m | - | €0.009m | €471 | €302 | €0.05m | ▲ 163× |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €84,015 | €41,912 | -€158,901 | €324,777 | €36,574 | €145,073 | €279,212 | ▲ 92.5% |
| + Depreciation and write-downs630 | €113,158 | €95,055 | €40,168 | €34,529 | €33,979 | €119,136 | €200,920 | ▲ 68.6% |
| Operating cash flow (approximation) | €197,173 | €136,967 | -€118,733 | €359,306 | €70,553 | €264,209 | €480,132 | ▲ 81.7% |
| Investment in fixed assets (approximation) | - | -€1,834 | €0 | -€2,456 | €0 | -€841,329 | -€24,138 | ▲ 97.1% |
| Change in cash | - | -€107,929 | €114,935 | -€131,784 | €107,081 | -€53,745 | €85,086 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 31,368 companies had the same profile as EQCOLOGIC has now. Two years later, 93.5% were still going and 0.5% had gone bankrupt.
- Micro
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
93.5%
was still going
5.9%
stopped otherwise
0.5%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of EQCOLOGIC itself: < 0.1% within 12 months.
Test of the method
The method was tested on the 497,446 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 31,368 companies, not a prediction for EQCOLOGIC. 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.
Latest 10 of 19 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-03-2025 | full format | 30-10-2025 | 2025-00559296 | |
| 31-03-2024 | full format | 07-11-2024 | 2024-00532974 | |
| 31-03-2023 | full format | 31-10-2023 | 2023-00505748 | |
| 31-03-2022 | full format | 12-12-2022 | 2022-20537670 | |
| 31-03-2021 | full format | 19-11-2021 | 2021-78000556 | |
| 31-03-2020 | full format | 12-11-2020 | 2020-70500055 | |
| 31-03-2019 | full format | 07-11-2019 | 2019-73500007 | |
| 31-03-2018 | abbreviated format | 06-11-2018 | 2018-71900028 | |
| 31-03-2017 | abbreviated format | 24-10-2017 | 2017-67700068 | |
| 31-03-2016 | full format | 10-11-2016 | 2016-68000114 |
Board & ownership
Directors
Directors
2 directors, 1 in day-to-day management, no change since 2021
Board 2
Sharif Nawaz
Current
Chair of the board · in office according to the act of 31-10-2016 · Director · appointed in the act of 06-08-2013 · listed in the 2025 annual accounts, filed on 30-10-2025
James Eric BJORNHOLT
Current
Director · appointed in the act of 31-12-2013 · listed in the 2025 annual accounts, filed on 30-10-2025
Day-to-day management 1
Sharif Nawaz
Current
Managing director and chair of the board · appointed in the act of 31-12-2013
Statutory auditor 1
Ernst et Young Reviseurs d'Entreprises
Current
Statutory auditor · appointed in the act of 08-12-2014 · permanent representative: Wuyts Daniel
Signing authorityThe articles say who may bind the company, for example by signing a contract.
Each director alone
deed of 03-02-2022Owners and capital
Shareholders
1 ownerChain of control
- Microchip Technology IncUS
- EQCOLOGIC
Owners 1
- Microchip Technology IncUSconsolidating parentconsolidates
Capital transactions
Shareholders according to the deeds
At incorporation
act of 11-07-2005 ↗
- Maarten KUIJK 270,000 shares (33.8%)
- Peter HELFET 270,000 shares (33.8%)
- Johan STIENS 70,000 shares (8.8%)
- Roger VOUNCKX 190,000 shares (23.8%)
Capital over time
- 12-01-2024 Capital stated in 2 acts · €3,957,839.16 · 2,917,872 shares
- 09-12-2013 Capital increase of €150,133.20 · to €3,957,839.16 · 110,684 new shares
- 16-12-2010 Capital increase of €650,000 · to €2,319,361.96 · 786,156 new shares
- 16-12-2010 Capital increase of €1,488,344 · to €3,807,705.96 · no new shares · from reserves
- 11-07-2005 Incorporation · €18,600 · 800,000 shares
Mandate history
16 people, 3 in office
- Board
- Day-to-day management
- Statutory auditor
- began earlier
- end not dated
| Name | Functions and periods |
|---|---|
| Sharif Nawaz |
|
| James Eric BJORNHOLT |
|
| Ernst et Young Reviseurs d'Entreprises |
|
| Bjomholt James |
|
| Termer Danny |
|
| Deloitte Réviseurs d'Entreprises |
|
| Danny Louis TERMER |
|
| Alex VAN DEN BOSSCHE |
|
| BMF Participation NV |
|
| Eric THOMAS |
|
| Jan Cornelis |
|
| Maarten KUIJK |
|
| Roger VOUNCKX |
|
| Tec-Create BVBA |
|
| Christian THIEL |
|
| Peter HELFET |
|
Articles of association
- Liquidation ruleIn a liquidation the creditors are paid first. What is left goes to the shareholders.
- “Tous pouvoirs prévus aux articles 2:87 et 2:88 sans autorisation spéciale de l'assemblée générale, dissolution volontaire pour quelque cause…”
Articles of association, deed of 12-01-2024 (in Dutch)
Network & group
Connections & network
9 connected companiesThis company
Company
Director
Shareholding
+N: links not shown yet
Click a node to look further, drag to arrange, zoom with the mouse wheel.
Linked via shared directors
'T STEENTJE
Shared director
→
ARCELORMITTAL HOLDING AND SERVICES BELGIUM
Shared director
→
FINOCAS
Shared director
→
Fondation Fernand Lazard - Stichting Fernand Lazard
Shared director
→
Show 5 more companies with a shared director
FONDS FEDERAL DE LA RECHERCHE SCIENTIFIQUE
Shared director
→
→
IMEC International
Shared director
→
Incubatiecentrum Arsenaal Brussel
Shared director
→
Interuniversitair Micro-Electronica Centrum
Shared director
→
Timeline
Acts, filings and financial milestones
2026
09-03
Gazette deed
Reappointment: Ernst & Young Réviseurs d'Entreprises SRL (statutory auditor)Permanent representative: Wuyts Daniel4 points ▸
Gazette deed
Reappointment: Ernst & Young Réviseurs d'Entreprises SRL (statutory auditor)
Permanent representative: Wuyts Daniel4 points ▸
- General meeting, 30-10-2025
- Auditor reappointment, Ernst & Young Réviseurs d'Entreprises SRL (statutory auditor)
- Permanent representative, Wuyts Daniel
- Other provision, “acceptation du mandat renouvelé et absence d'interdiction” (deed in French), mentioned 2 times in the deed
2025
30-10
full format · 1 day before the deadline
2024
07-11
full format · 7 days late
12-01
Gazette deed
Purpose · Amendment of the articles · MiscellaneousPurpose change · Board rule · Capital9 points ▸
Gazette deed
Purpose · Amendment of the articles · Miscellaneous
Purpose change · Board rule · Capital9 points ▸
- General meeting, 29-12-2023
- Other provision, “rapport de l'organe d'administration justifiant modification objet, accepte rapport et approuve justifications” (deed in Dutch)
- Purpose change
- Board rule, “modifier disposition composition organe d'administration, minimum légal applicable” (deed in Dutch)
- Amendment of the articles, mentioned 2 times in the deed
- Capital, €3,957,839.16
- Registered office clause, “1160 Auderghem, Chaussée de Wavre 1100” (deed in Dutch)
- Power of attorney
- Power of attorney, Hugo Kuijpers
2023
31-10
full format · on the deadline day
17-03
Gazette deed
Reappointment: Ernst & Young Bedrijfsrevisoren SRL (statutory auditor)2 points ▸
Gazette deed
Reappointment: Ernst & Young Bedrijfsrevisoren SRL (statutory auditor)
2 points ▸
- General meeting, 17-11-2022
- Auditor reappointment, Ernst & Young Bedrijfsrevisoren SRL (statutory auditor)
2022
12-12
full format · 42 days late
31-03
Financial
Back to profitnet €324,777
The net result is €324,777, after one loss-making year.
03-02
Gazette deed
Reappointments: Sharif Nawaz (director) and Bjomholt James (director)5 points ▸
Gazette deed
Reappointments: Sharif Nawaz (director) and Bjomholt James (director)
5 points ▸
- General meeting, 16-11-2021
- Director reappointment, Sharif Nawaz (director)
- Director reappointment, Bjomholt James (director)
- Board meeting, 16-11-2021
- Director reappointment, Sharif Nawaz (managing director and chair of the board)
2021
19-11
full format · 19 days late
31-03
Financial
Weakest financial yearnet -€158,901
The net result drops to -€158,901, the lowest from 2019 to 2025. It recovers the following year.
2020
12-11
Gazette deed
Resignation: Termer Danny (director)2 points ▸
Gazette deed
Resignation: Termer Danny (director)
2 points ▸
- General meeting, 19-10-2018
- Director resignation, Termer Danny (director)
Show earlier events
12-11
Gazette deed
Reappointment: Ernst et Young Réviseurs d'Entreprises SCRL (statutory auditor)2 points ▸
Gazette deed
Reappointment: Ernst et Young Réviseurs d'Entreprises SCRL (statutory auditor)
2 points ▸
- General meeting, 05-11-2019
- Auditor reappointment, Ernst et Young Réviseurs d'Entreprises SCRL (statutory auditor)
12-11
full format · 12 days late
2019
07-11
full format · 7 days late
2018
06-11
abbreviated format · 6 days late
2017
24-10
abbreviated format · 7 days before the deadline
2016
10-11
full format · 10 days late
31-10
Gazette deed
Reappointments: Nawaz Sharif, Danny Termer and James BjornholtMandate compensation10 points ▸
Gazette deed
Reappointments: Nawaz Sharif, Danny Termer and James Bjornholt
Mandate compensation10 points ▸
- General meeting, 02-05-2016
- Director reappointment, Nawaz Sharif (director)
- Director reappointment, Danny Termer (director)
- Director reappointment, James Bjornholt (director)
- Mandate compensation, Nawaz Sharif
- Mandate compensation, Danny Termer
- Mandate compensation, James Bjornholt
- Board meeting, 02-05-2016
- Director reappointment, Nawaz Sharif (managing director)
- Director reappointment, Nawaz Sharif (chair of the board)
2015
26-05
Gazette deed
Registered office moved from Etterbeek to AuderghemPower of attorney · Establishment unit transfer5 points ▸
Gazette deed
Registered office moved from Etterbeek to Auderghem
Power of attorney · Establishment unit transfer5 points ▸
- Board meeting, 04-05-2015
- Registered-office move, 1160 Auderghem, Chaussée de Wavre 1100
- Power of attorney, Marie Evrard
- Power of attorney, Corpoconsult SPRL
- Establishment unit transfer, “1160 Auderghem, Chaussée de Wavre 1100” (deed in French)
2014
08-12
Gazette deed
Reappointment: EQCOLOGIC (director)Appointment: Ernst et Young Reviseurs d'Entreprises (statutory auditor) · Permanent representative: Danny WUYTS · Power of attorney6 points ▸
Gazette deed
Reappointment: EQCOLOGIC (director)
Appointment: Ernst et Young Reviseurs d'Entreprises (statutory auditor) · Permanent representative: Danny WUYTS · Power of attorney6 points ▸
- General meeting, 27-10-2014
- Director reappointment, EQCOLOGIC (director)
- Auditor appointment, Ernst et Young Reviseurs d'Entreprises (statutory auditor)
- Permanent representative, Danny WUYTS
- Power of attorney, Marie EVRARD
- Power of attorney, CORPOCONSULT SPRL
12-02
Gazette deed
Appointment: Deloitte Reviseurs d'Entreprises (statutory auditor)Permanent representative: Kirstin Tang · Amendment of the articles · Capital5 points ▸
Gazette deed
Appointment: Deloitte Reviseurs d'Entreprises (statutory auditor)
Permanent representative: Kirstin Tang · Amendment of the articles · Capital5 points ▸
- General meeting, 20-12-2013
- Amendment of the articles, mentioned 7 times in the deed
- Capital, €3,957,839.16
- Auditor appointment, Deloitte Reviseurs d'Entreprises (statutory auditor)
- Permanent representative, Kirstin Tang
2013
31-12
Gazette deed
Resignations: Eric THOMAS, TEC-CREATE BVBA and 5 othersAppointments: James Eric BJORNHOLT, Danny Louis TERMER and Nawaz SHARIF · Mandate compensation · Power of attorney23 points ▸
Gazette deed
Resignations: Eric THOMAS, TEC-CREATE BVBA and 5 others
Appointments: James Eric BJORNHOLT, Danny Louis TERMER and Nawaz SHARIF · Mandate compensation · Power of attorney23 points ▸
- General meeting, 21-11-2013
- Director resignation, Eric THOMAS (director)
- Director resignation, TEC-CREATE BVBA (director)
- Director resignation, Maarten KUIJK (director)
- Director resignation, Roger VOUNCKX (director)
- Director resignation, Jan CORNELIS (director)
- Director resignation, Alex VAN DEN BOSSCHE (director)
- Director resignation, BMF Particiption NV (director)
- Director resignation, TEC-CREATE BVBA (managing director)
- Director resignation, Maarten KUIJK (managing director)
- Director resignation, Roger VOUNCKX (managing director)
- Director appointment, James Eric BJORNHOLT (director)
- The act holds 11 more points.
09-12
Gazette deed
Capital increase of €150,133.20Bank account · Amendment of the articles7 points ▸
Gazette deed
Capital increase of €150,133.20
Bank account · Amendment of the articles7 points ▸
- General meeting, 06-05-2009
- Board meeting, 06-11-2013
- Share issue, 110684, “Executive Warrants 2009” (deed in Dutch)
- Capital increase, €150,133.20
- Bank account, “ING, BE57 3631 2743 8135” (deed in Dutch)
- Amendment of the articles
- Capital, €3,957,839.16
06-08
Gazette deed
Appointments: Tec-Create BVBA, Maarten Kuijk and 6 othersPermanent representatives: Peter Helfet and Nicolas Boël · Mandate compensation22 points ▸
Gazette deed
Appointments: Tec-Create BVBA, Maarten Kuijk and 6 others
Permanent representatives: Peter Helfet and Nicolas Boël · Mandate compensation22 points ▸
- General meeting, 11-06-2013
- Board meeting, 11-06-2013
- Director appointment, Tec-Create BVBA (director)
- Permanent representative, Peter Helfet
- Director appointment, Maarten Kuijk (director)
- Director appointment, Roger Vounckx (director)
- Director appointment, Eric Thomas (director)
- Director appointment, Jan Cornelis (director)
- Director appointment, Alex Van den Bossche (director)
- Director appointment, BMF Participation NV (director)
- Permanent representative, Nicolas Boël
- Director appointment, Nawaz Sharif (director)
- The act holds 10 more points.
2012
21-11
Gazette deed
MiscellaneousConvertible loan issue2 points ▸
Gazette deed
Miscellaneous
Convertible loan issue2 points ▸
- General meeting, “buitengewone algemene vergadering”, 2012-10-25 (deed in Dutch)
- Convertible loan issue, “converteerbare achterstallige lening” (deed in Dutch)
05-03
Gazette deed
Registered office moved from Neder-over-Heembeek to Etterbeek2 points ▸
Gazette deed
Registered office moved from Neder-over-Heembeek to Etterbeek
2 points ▸
- Board meeting, 21-11-2011
- Registered-office move, 1040 Etterbeek, Witte Patersstraat 4
03-02
Gazette deed
Reappointments: Eric Thomas, Tec-Create and 6 othersPermanent representatives: Peter Helfet and Nicolas Boël · Mandate compensation22 points ▸
Gazette deed
Reappointments: Eric Thomas, Tec-Create and 6 others
Permanent representatives: Peter Helfet and Nicolas Boël · Mandate compensation22 points ▸
- General meeting, 14-06-2011
- Director reappointment, Eric Thomas (director)
- Director reappointment, Tec-Create (director)
- Permanent representative, Peter Helfet
- Director reappointment, Maarten Kuijk (director)
- Director reappointment, BMF Participation NV (director)
- Permanent representative, Nicolas Boël
- Director reappointment, Alex Van den Bossche (director)
- Director reappointment, Jan Cornelis (director)
- Director reappointment, Roger Vounckx (director)
- Director reappointment, Christian Thiel (director)
- Mandate compensation, Eric Thomas
- The act holds 10 more points.
2010
16-12
Gazette deed
Appointments: Christian THIEL, Maarten KUIJK and 3 othersReappointments: TEC-CREATE, Maarten KUIJK and 5 others · Capital increase · Amendment of the articles18 points ▸
Gazette deed
Appointments: Christian THIEL, Maarten KUIJK and 3 others
Reappointments: TEC-CREATE, Maarten KUIJK and 5 others · Capital increase · Amendment of the articles18 points ▸
- General meeting, 23-11-2010
- Capital increase, €650,000
- Capital increase, €1,488,344
- Amendment of the articles
- Director appointment, Christian THIEL (director)
- Director reappointment, TEC-CREATE (director)
- Director reappointment, Maarten KUIJK (director)
- Director reappointment, Roger VOUNCKX (director)
- Director reappointment, BMF Participation (director)
- Director reappointment, Alex VAN den BOSSCHE (director)
- Director reappointment, Eric THOMAS (director)
- Director reappointment, Jan CORNELIS (independent director)
- The act holds 6 more points.
2006
08-05
Gazette deed
Registered office moved within BrusselResignation: Peter Helfet (director) · Appointment: TEC-CREATE (director) · Permanent representative: Peter Helfet7 points ▸
Gazette deed
Registered office moved within Brussel
Resignation: Peter Helfet (director) · Appointment: TEC-CREATE (director) · Permanent representative: Peter Helfet7 points ▸
- General meeting, 01-02-2006
- Director resignation, Peter Helfet (director)
- Director appointment, TEC-CREATE (director)
- Permanent representative, Peter Helfet
- Board meeting, 01-01-2009
- Director appointment, TEC-CREATE (afgevaardigd bestuurder (chief executive officer))
- Registered-office move, Jozef Vandersmissenlaan 17A, 1040 Brussel
2005
19-12
Gazette deed
Appointments: Eric Thomas (voorzitter van de raad) and Peter Helfet (chief executive officer)Power of attorney8 points ▸
Gazette deed
Appointments: Eric Thomas (voorzitter van de raad) and Peter Helfet (chief executive officer)
Power of attorney8 points ▸
- Board meeting, 15-09-2005
- Director appointment, Eric Thomas (voorzitter van de raad)
- Director appointment, Peter Helfet (chief executive officer (ceo))
- Power of attorney, Peter Helfet, mentioned 2 times in the deed
- Power of attorney, Maarten Kuijk, mentioned 2 times in the deed
- Power of attorney, Roger Vounckx, mentioned 2 times in the deed
- Power of attorney, Johan Stiens
- Power of attorney, EQCOLOGIC
11-07
Gazette deed
IncorporationStarting capital €18,600 · Appointments: Peter HELFET, Maarten KUIJK and Roger VOUNCKX · Mandate compensation9 points ▸
Gazette deed
Incorporation
Starting capital €18,600 · Appointments: Peter HELFET, Maarten KUIJK and Roger VOUNCKX · Mandate compensation9 points ▸
- Incorporation, 28-06-2005
- Founding capital, €18,600
- Director appointment, Peter HELFET (director)
- Director appointment, Maarten KUIJK (director)
- Director appointment, Roger VOUNCKX (director)
- Mandate compensation, Peter HELFET
- Mandate compensation, Maarten KUIJK
- Mandate compensation, Roger VOUNCKX
- Power of attorney, Outcome
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
EQCOLOGIC was incorporated on 1 July 2005 by four natural persons, with a starting capital of €18,600.12 The registered office moved to Brussel in 2006, to Etterbeek in 2012 and to Auderghem in 2015.345 Between 2010 and 2013 the capital was increased 2 times, most recently to €4.0m.67 The board currently has 2 members.8 Total assets rose from €4.3m in 2019 to €4.8m in 2025 and headcount from 5.7 to 6.5 full-time equivalents.9
- 1KBO register
- 2Belgian Official Gazette, 11-07-2005
- 3Belgian Official Gazette, 08-05-2006
- 4Belgian Official Gazette, 05-03-2012
- 5Belgian Official Gazette, 26-05-2015
- 6Belgian Official Gazette, 16-12-2010
- 7Belgian Official Gazette, 09-12-2013
- 8National Bank, annual accounts 2025
- 9National Bank, annual accounts 2019 and 2025
Company details
Register details
Identity
KBO recordName
EQCOLOGIC in Dutch
Enterprise number
0874.816.670
Legal form
Public limited company
Status
Active, normale toestand
Founded
01-07-2005
Entity type
Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 12-01-2024 (in Dutch)Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
“Région de Bruxelles-Capitale”
deed of 12-01-2024 (in Dutch)Registered office and establishments
Registered office
Waverse steenweg 1100, 1160 Oudergem, Belgium
2 former offices
- 1040 Etterbeek until 26-03-2015 · act of 26-05-2015
- 1120 Neder-over-Heembeek until 01-12-2011 · act of 05-03-2012
Establishment unit
EQCOLOGIC, Waverse steenweg 1100, 1160 Oudergem since 05-08-2005 · unit number 2.229.427.313
Phone
02 629 13 01
Activities
NACEBEL 2025VAT activities
71121
Engineering and related technical consultancy, excluding land surveyors main activity
Social security (RSZ) activities
71121
Engineering and related technical consultancy, excluding land surveyors main activity
Codes under NACEBEL 2008
VAT activities
71121
Engineering activities main activity
Social security (RSZ) activities
71121
Engineering activities main activity
Codes under NACEBEL 2003
VAT activities
74203
main activity
Social security (RSZ) activities
74203
main activity
Joint committee
200 Aanvullend Paritair Comité voor de bedienden annual accounts 31-03-2024
PurposeThe purpose describes the activities the company may carry out under its articles.
deed of 12-02-2014 (in French)
“Dans le domaine des technologies de l'information, y compris mais sans s'y limiter, l'électronique, l'optoélectronique, le photonique: le…”
Text of the purpose
“Dans le domaine des technologies de l'information, y compris mais sans s'y limiter, l'électronique, l'optoélectronique, le photonique: le développement, la conception, la réalisation, la fabrication, la production, les essais, la distribution et la vente de circuits intégrés (puces), composants et systèmes. La société peut accomplir toutes opérations commerciales, industrielles, financières, mobilières et immobilières se rapportant directement ou indirectement à son objet social ou qui seraient, totalement ou partiellement, de nature à en faciliter sa réalisation. La société peut, en tant que directeur, liquidateur ou autre, diriger, contrôler et foumir des avis à ses sociétés partenaires ou ses filiales. La société peut, par le biais d'un apport en numéraire ou en nature, d'une fusion, d'une souscription, d'une participation, d'une intervention financière ou par tout autre moyen, détenir des participations dans toute autre société ou entreprise actuelle ou future, en Belgique ou à l'étranger, dont l'objet social est lié ou est analogue au sien ou qui seraient de nature à en faciliter la réalisation”
Invoicing and payment
VAT number
BE 0874.816.670
Financial year and general meeting
Accounts at the NBBFinancial year end
31-03
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
15 September at 10:00
deed of 12-01-2024 (in Dutch)Sites & property
Location
Buildings and parcels at the address
Ground area
7,708 m²
Building footprint
749 m²
Building volume
12,743 m³
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 21002A0169/00V005 | Brussels | 7,708 m² | 1 · 749 m² | 20.4 m · 6 |