Equity
€2,039 ▼ 0.2%
EQLS paid out €26,150 in dividends. That is 100% of the 2025 profit.
EQLS
Overview
Lifetime
4 annual accounts with figures on one time axispeak €39,930 (2024)
€37,530▼ 6.0%
lowest -€8,106 (2023)
€26,146▼ 13.8%
peak €2,043 (2024)
€2,039▼ 0.2%
€73,931▲ 39.5%
Board3 names since 2021
2 directorsCATTEEUW Stijn Ghislain and 1 other
Documentsfilings and deeds
19-01-202612 days before the deadline
2025micro format
Dividend €26,150Debts from €52,986 to €73,931Cash from €7,257 to €459
Key points
from the 2025 annual accountsTurnover
≈ €130,000 estimated
The micro format states no turnover.
Debts
€73,931 97% of the balance sheet
Financial debts 10%Suppliers 17%Taxes and wages 36%Other 37%
Of this, €66,456 falls due within a year.
Filings
4 annual accounts 1 late
The 2022 accounts came 20 days late. The other three were filed on time.
Starting capital
€2,000 200 shares
Position in the sector
2.7%
Lower solvency than 82% of companies in land transport. Sector median 37.7% · 5,942 companies.
Checked score
38
Weak
Financially stronger than 38% of micro companies in land transport (NACE 49)
Probability in this band: 4.2% to 15.0%
Bankruptcy probability within 12 months
4.5% Elevated
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 1.8% across 9,092 companies (NACE 49, micro).
About 4 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 6.0%highest value
01-2025: 6.0%● unchanged vs 12-2024highest value
02-2025: 3.7%▼ -2.3 percentage points vs 01-2025
03-2025: 3.8%▲ +0.1 percentage points vs 02-2025
04-2025: 3.8%● unchanged vs 03-2025
05-2025: 3.8%● unchanged vs 04-2025
06-2025: 3.8%● unchanged vs 05-2025
07-2025: 3.7%▼ -0.1 percentage points vs 06-2025
08-2025: 3.1%▼ -0.6 percentage points vs 07-2025lowest value
09-2025: 3.1%● unchanged vs 08-2025
10-2025: 3.3%▲ +0.2 percentage points vs 09-2025
11-2025: 3.5%▲ +0.2 percentage points vs 10-2025
12-2025: 3.3%▼ -0.2 percentage points vs 11-2025
01-2026: 3.5%▲ +0.2 percentage points vs 12-2025
02-2026: 4.2%▲ +0.7 percentage points vs 01-2026
03-2026: 4.2%● unchanged vs 02-2026
04-2026: 4.2%● unchanged vs 03-2026
05-2026: 4.2%● unchanged vs 04-2026
06-2026: 4.2%● unchanged vs 05-2026
07-2026: 4.2%● unchanged vs 06-2026
08-2026: 4.2%● unchanged vs 07-2026
09-2026: 4.1%▼ -0.1 percentage points vs 08-2026
10-2026: 4.4%▲ +0.3 percentage points vs 09-2026
11-2026: 4.5%▲ +0.1 percentage points vs 10-2026
Financial strengthWeak
Score breakdown
raises risk
Founded in 2021
Sector: Land transport and transport via pipelines (NACE 49)
Size: total assets €75,971
Liquidity: current ratio 0.99, cash €459, halved
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 49, micro). It does better than 16% of them on solvency, 5% on liquidity, 94% on profitability and 36% 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 30-06-2025.
Of the companies with a bankruptcy probability in the elevated class on 30-06-2025, 6.3% 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, 2,157 companies had the same profile as EQLS has now. Each dot stands for 6 companies, two years later.
94.1%
were still trading
2.8%
stopped another way
3.0%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of EQLS itself is higher: 4.5% within 12 months. It rests on far more data about EQLS 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 2,157 companies, not a prediction for EQLS. 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 publishable credit limit, so credit only on tighter terms
Liquidity is insufficient, with a current ratio of 0.99 (1.0 in 2024), below 1. Short-term debt is 87.5% and cash 0.6% of total assets. 97.3% of the assets are financed with debt and provisions.
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.
raises riskneutral
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 17% of 5942 sector peers (2025).
NBB · sector comparisonPosition among 5942 sector peers
Solvency
better than 17%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 19-01-2026, 12 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
12 days early
2024
7 days early
2023
7 days early
2022
20 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 4 accounts on average 2 days before the deadline. In the sector (NACE 49), the median for financial year 2024 was on the deadline day, and 49% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-06-2026 is due by 31-01-2027. Nothing is late today. The company usually files around 24 January (4 of the last 4 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
30-06-2026 year end10-11-2026 today31-01-2027 deadline
Board and ownership
DL
Debusschere Liselot
Director
- CATTEEUW Stijn Ghislain 100 sharesdeed of 16-12-2021
- DEBUSSCHERE Lieselot Marie-Rose Jean-Pierre 100 sharesdeed of 16-12-2021
Recent changes
Incorporation
Founding capital of €2,000, 200 shares · Founders: CATTEEUW Stijn Ghislain and DEBUSSCHERE Lieselot Marie-Rose Jean-Pierre · Appointments: CATTEEUW Stijn Ghislain (director) and DEBUSSCHERE Lieselot Marie-Rose Jean-Pierre (director) · published on 16-12-2021 · Gazette deed
First establishment
Zeger Maelfaitstraat 26, Roeselare
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| EQLS Roeselare | €75,971 | €37,530 | 2.7% | - |
| DMP TRANSPORT Waregem | €76,114 | €32,505 | 42.2% | - |
| TVC Cargo Beernem | €81,108 | €38,032 | 49.7% | - |
| JF Transport Schelle | €77,079 | €35,593 | 14.0% | - |
| ZA COMPANY Vilvoorde | €69,777 | €38,925 | 28.7% | - |
| AR.MA.DIN Schaerbeek | €69,480 | €36,008 | 41.2% | - |
| DVO-TRANS Tienen | €67,322 | €37,572 | 17.7% | - |
These companies have the same main activity as EQLS: freight transport by road (NACE 49410). They are comparable in size and age: total assets between €67,300 and €81,100, founded between 2021 and 2022.
Official details
Source: KBO- Status
- Active since 14-12-2021Normal situation
- Activity
- Freight transport by roadNACE 49410and 6 others
- Establishment unit
- 2.325.424.0558800 Roeselare, since 14-12-2021
- Financial year end
- 30 June
- Peppol
- Not found in the Peppol Directory
Annual accounts to 30-06-2025
- €37,530▼ 6.0%
- €26,146▼ 13.8%
- €2,039▼ 0.2%
- €75,971▲ 38.1%
- Filing
- Filed on 19-01-2026, 12 days before the end of the filing period
Insights on EQLS
EQLS files the micro format. That format states no turnover. The gross margin rose from -€7,369 in 2022 to €37,530 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Financials
Annual accounts 2025
micro format, filed on 19-01-2026, 12 days before the deadline€37,530
▼ 6.0%
€34,172
▼ 7.7%
€26,146
▼ 13.8%
-€823
▼ €670
2.7%
▼ 1.0 percentage points
0.99
▼ 0.01
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €130,000. Estimated: probably between €98,000 and €200,000.
Balance sheet
balance sheet total €75,971 on 30-06-2025What the company ownsHow it is paid for
in euro
in euro
Position in the sector
2.7%
Higher than 17% of 5,942 companies in 2025.
0.99
Higher than 37% of 5,696 companies in 2025.
34.4%
Higher than 92% of 5,759 companies in 2025.
EQLS
Middle half of the sector
80% of the sector
Micro accounts in land transport (NACE 49)
Net result: top quarter · Equity: bottom quarter · Balance sheet total: middle half · Working capital: middle half
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Balance sheet: assets | |||||
20/58 |
75,971 | 55,029 | 25,285 | 25,562 | |
21/28 |
10,338 | 10,553 | 3,555 | - | |
22/27 |
10,338 | 10,553 | 3,555 | - | |
23 |
5,975 | 7,728 | - | - | |
24 |
2,096 | 2,826 | 3,555 | - | |
26 |
2,267 | - | - | - | |
29/58 |
65,633 | 44,476 | 21,730 | 25,562 | |
40/41 |
47,947 | 21,985 | 21,039 | 18,110 | |
40 |
26,109 | 19,601 | 21,039 | 18,110 | |
41 |
21,838 | 2,384 | - | - | |
54/58 |
459 | 7,257 | 0 | 7,452 | |
490/1 |
17,227 | 15,233 | 691 | - | |
| Balance sheet: equity and liabilities | |||||
10/49 |
75,971 | 55,029 | 25,285 | 25,562 | |
10/15 |
2,039 | 2,043 | -13,703 | -5,597 | |
10/11 |
2,000 | 2,000 | 2,000 | 2,000 | |
14 |
39 | 43 | -15,703 | -7,597 | |
17/49 |
73,931 | 52,986 | 38,988 | 31,159 | |
17 |
7,428 | 8,357 | - | - | |
170/4 |
7,428 | 8,357 | - | - | |
42/48 |
66,456 | 44,629 | 37,635 | 31,159 | |
42 |
930 | 906 | - | - | |
43 |
- | 0 | 7,981 | - | |
430/8 |
- | 0 | 7,981 | - | |
44 |
12,872 | 12,525 | 5,333 | 24,017 | |
440/4 |
12,872 | 12,525 | 5,333 | 24,017 | |
45 |
26,415 | 15,391 | 3,874 | 4,854 | |
450/3 |
26,415 | 15,391 | 3,874 | 4,854 | |
47/48 |
26,239 | 15,807 | 20,447 | 2,288 | |
492/3 |
48 | 0 | 1,353 | - | |
| Income statement | |||||
76A |
- | 0 | 5,233 | - | |
9900 |
37,530 | 39,930 | -6,520 | -7,369 | |
630 |
2,514 | 1,767 | 94 | - | |
640/8 |
844 | 1,138 | 1,363 | 171 | |
9901 |
34,172 | 37,025 | -7,977 | -7,541 | |
75/76B |
553 | 3 | - | - | |
75 |
553 | 3 | - | - | |
65/66B |
563 | 1,218 | 0 | - | |
65 |
563 | 1,218 | 0 | - | |
9903 |
34,162 | 35,810 | -7,977 | -7,541 | |
67/77 |
8,016 | 5,464 | 129 | 56 | |
9904 |
26,146 | 30,346 | -8,106 | -7,597 | |
9905 |
26,146 | 30,346 | -8,106 | -7,597 | |
| Appropriation of the result | |||||
9906 |
26,189 | 14,643 | -15,703 | -7,597 | |
14P |
43 | -15,703 | -7,597 | - | |
694/7 |
26,150 | 14,600 | - | - | |
694 |
26,150 | 14,600 | - | - | |
| Document | |||||
The notes to these accounts have 7 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).
Source: Annual accounts 2025 (PDF), filed on 19-01-2026.
Filings
each dot is a set of accounts, on the day it reached the National BankSubsidies and aid
Flemish government 2022 to 2024, 3 entries, €1,894 awarded, €1,894 paid
| Year | Entries | Awarded | Paid |
|---|---|---|---|
| 2024 | 1 | €258 | €258 |
| 2023 | 1 | €1,500 | €1,500 |
| 2022 | 1 | €136 | €136 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| 36,686 | 38,791 | -7,883 | - | ||
| 28,660 | 32,113 | -8,012 | - | ||
| 2,298 | 8,765 | 3,649 | - | ||
| -6,798 | 7,257 | -7,452 | - | ||
| -823 | -153 | -15,905 | -5,597 | ||
| 2.7% | 3.7% | -54.2% | -21.9% | ||
| 0.99 | 1.00 | 0.58 | 0.82 | ||
| 36.25 | 25.93 | - | - | ||
| 34.4% | 55.1% | -32.1% | -29.7% | ||
| 65.15 | 31.86 | -788332.00 | - |
A ratio outside any meaningful range has been withheld (balance sheet total €75,971, equity €2,039).
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Investments
fixed assets acquired| Item | 30-06-2025 | 30-06-2024 | 30-06-2023 | 30-06-2022 |
|---|---|---|---|---|
| Tangible fixed assets | €2,298 | €8,765 | €3,649 | - |
| €2,514 | €1,767 | €94 | - |
Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)
Insights on EQLS
The operating result for 2025 is 8% lower than in 2024.
Debt's share of the balance-sheet total rises from 96.3% to 97.3%. Equity is lower and debt is higher.
Board & ownership
Board
2 directors, since incorporationDirector (not named in the articles)
appointed by deed of 16-12-2021
term without a fixed end
listed in the 2025 annual accounts, filed on 19-01-2026
- Signing authorityThe articles say who may bind the company, for example by signing a contract.
- Each director alonedeed of 16-12-2021
Mandates through the years
3 names, the dashed line is todayCATTEEUW Stijn Ghislain
Director (not named in the articles)
Director (not named in the articles)
Debusschere Liselot
Director
Director
DEBUSSCHERE Lieselot Marie-Rose Jean-Pierre
Director (not named in the articles)
Director (not named in the articles)
BoardEarliermandate already running before its first mentionend not dated
Mandates as a list
- CATTEEUW Stijn Ghislain
- Director (not named in the articles), appointed by deed of 16-12-2021, still in office
- Debusschere Liselot
- Director, since before 30-06-2022
- DEBUSSCHERE Lieselot Marie-Rose Jean-Pierre
- Director (not named in the articles), appointed by deed of 16-12-2021, no longer listed in the 2025 annual accounts
Control
This company
EQLS
Equity €2,039
Profit €26,146 in 2025
Capital
- Contribution
- €2,000
- Shares
- 200
- Contribution per share
- €10
- Equity per share
- €10.20 in 2025
- Source
- deed of 16-12-2021
Articles of association
deed of 16-12-2021 (in Dutch)- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimited
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- “Met of zonder beperking van duur, bestuursorgaan kan hen op elk ogenblik ontslaan”
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- Second Saturday of December at 19:00
Shareholders
At incorporation
deed of 16-12-2021 ↗
- CATTEEUW Stijn Ghislain 100 shares (50%) · €1,000
- DEBUSSCHERE Lieselot Marie-Rose Jean-Pierre 100 shares (50%) · €1,000
Network & group
No group
EQLS has no parent and no holdings in its annual accounts. EQLS shares no director with another company.
Timeline
Timeline
8 events since 2021Filings
Financial
Establishments
202220242026
Deadline for the 2026 accounts: 31-01-2027
2026
Annual accounts 2025 filed PDFmicro format · 12 days before the deadline
2025
Annual accounts 2024 filed PDFmicro format · 7 days before the deadline
2024
Back to profit net €30,346 The net result is €30,346, after 2 loss-making years.
Annual accounts 2023 filed PDFmicro format · 7 days before the deadline
2023
Weakest financial year net -€8,106 The net result drops to -€8,106, the lowest from 2022 to 2025. It recovers the following year.
Annual accounts 2022 filed PDFmicro format · 20 days late
2021
IncorporationFounding capital of €2,000, 200 shares · Founders: CATTEEUW Stijn Ghislain and DEBUSSCHERE Lieselot Marie-Rose Jean-Pierre · Appointments: CATTEEUW Stijn Ghislain (director) and DEBUSSCHERE Lieselot Marie-Rose Jean-Pierre (director) · published on 16-12-20215 points ▸
- Founder, CATTEEUW Stijn Ghislain
- Founder, DEBUSSCHERE Lieselot Marie-Rose Jean-Pierre
- Founding capital, €2,000, 200 shares
- Director appointment, CATTEEUW Stijn Ghislain (director (not named in the articles))
- Director appointment, DEBUSSCHERE Lieselot Marie-Rose Jean-Pierre (director (not named in the articles))
- The deed holds 3 more points.
First establishment Zeger Maelfaitstraat 26, Roeselare
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Identity
- Enterprise number
- 0778.625.136
- VAT number
- BE 0778.625.136
- Legal form
- Private limited company
- Status
- Active, normal situation
- Founded
- 14-12-2021
- Financial year
- ends on 30 June
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- Second Saturday of December at 19:00deed of 16-12-2021 (in Dutch)
- Peppol
- Not found in the Peppol Directory
- Name
- EQLS in Dutch
- Entity type
- Legal entity
- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimiteddeed of 16-12-2021 (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.
- “Zeger Maelfaitstraat 26, 8800 Roeselare”deed of 16-12-2021 (in Dutch)
Activities
NACEBEL 202549410
Freight transport by road main activity
50300
Water transport
Codes under NACEBEL 2008
49410
Road freight transport main activity
70210
Activities of head offices; management consultancy activities
70220
Business consulting
82110
Office administrative, office support and other business support activities
82990
Other business support services
- PurposeThe purpose describes the activities the company may carry out under its articles.
- “De uitbating van alle vervoer,zowel van goederen en voorwerpen als van levend vee en personen met alle materiële middelen,zowel over de…”deed of 16-12-2021 (in Dutch)
9 activities
- De uitbating van alle vervoer,zowel van goederen en voorwerpen als van levend vee en personen met alle materiële middelen,zowel over de weg,het water als in de lucht;
- Het bevrachten van alle vervoermaterieel;
- Het laden,lossen,opslaan,verzenden en de expeditie van alle goederen;
- De tussenkomst als vervoercommissioniar;
- Onroerende goederen voor eigen rekening of voor rekening van derden doen opbrengen,onder meer door zich bezig te houden met de oprichting van gebouwen,met hun binnenhuisinrichting,zowel onroerend als roerend en na voltooiing,met hun beheer en uitbating;
- De aankoop,de verkoop,de ruiling,de commissie,de makelarij,het in huur of in erfpacht nemen,het bouwen,de uitbating,het valoriseren,de verdeling,het beheer van alle onroerende goederen van welke aard ook en meer bepaald alle werkzaamheden van bouwpromotor;
- Het geven van opleidingen,trainingen,begeleidingen en coaching van personen,organisaties en bedrijven;
- Consulting en adviesverlening met betrekking tot operationeel beheer van vennootschappen en ondernemingen,het verlenen van managementbijstand aan en het uitvoeren van managementtaken in vennootschappen en ondernemingen;
- Consulting en adviesverlening inzake administratieve en organisatorische aangelegenheden,budgetcontrole,algeheel management,marketing en bedrijftechnische ondersteuning.Het verrichten,begeleiden en onderzoeken van diverse bedrijfseconomische,wetenschappelijke en technische studies allerhande alsook de planning en ontwikkeling van handels-,industriële en commerciële projecten allerhande;
Registered office and establishments
1 establishment| Establishment | Since | Unit number |
|---|---|---|
| Zeger Maelfaitstraat 26 registered office 8800 Roeselare | 14-12-2021 | 2.325.424.055 |
Buildings and parcels at the address
- Ground area
- 386 m²
- Buildings
- 88 m²
- Volume, LiDAR
- 527 m³
- Tallest building
- 9.2 m
Buildings to scale, each on its own parcel
Parcels
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 36017A0303/00W000 | 386 m² | 1 · 88 m² | 9.2 m · 2 |