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EQSEL CONSULT

Active
Public limited companyfounded 199234 yrs activeBoulevard du Centenaire, Dion-V. 68, 1325 Chaumont-Gistoux, BelgiumKBO/BCE: BE 0447.960.945
Summary

EQSEL CONSULT has been active since 1992 and the Belgian State Gazette contains no insolvency signals. The CBE does carry 1 administrative register entry (see administrative flags). The 2025 annual accounts show negative equity (-€379,508) and a net result of €29,976. Equity is growing by ~2.5% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 1.0% (low).

Checked score

Score 2025
Axes · tick = 2024
Profitability50▼-1
Solvency0=
Growth78=
Track record92
Bankruptcy probability, 12 months
1.0% Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.22 against 0.21 in 2024; short-term debt: 101.4% and cash: 0.6% of total assets), and equity is negative.
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Signals

Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 34 years 0 40 y
raises risk · Ex-officio strike-off
The KBO struck this company off ex officio, which points to unmet obligations and often precedes a bankruptcy.
KBO publications
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
-64.7%
Return on assets
5.1%
Age of the figures
9 mo
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
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 16-07-2026, 15 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
15 d early
2024
20 d early
2023
51 d late
2022
197 d late
2021
31 d late
2020
90 d late
2019
91 d late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 7 accounts on average 61 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publications
Publications
Address struck
Checked, nothing found (1)
neutral · 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. Usually files around 31 August (4 of the last 5 filed years within 51 days of that day).
Companies Code · seven months
Position in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline

History

On 22 July 1992, EQSEL CONSULT was incorporated.1 Total assets went from EUR 472,620 in 2018 to EUR 586,426 in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2025

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Financials · fiscal year 2025, abbreviated schema

Turnover
€2,058
EBIT margin
28.1%
Net result
€29,976▼ 5.4%
2024 · €31,678
Working capital
-€463,889▲ 6.2%
2024 · -€494,580
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Turnover€2,058
Operating result-€1,418▲ 80.1%€579€12,773▲ 2,106%€23,289▲ 82.3%€21,589▼ 7.3%
Net result-€1,463€534€29,529▲ 5,430%€31,678▲ 7.3%€29,976▼ 5.4%
EBIT margin28.1%
Equity-€471,225▼ 0.3%-€470,691▲ 0.1%-€441,163▲ 6.3%-€409,484▲ 7.2%-€379,508▲ 7.3%
Total assets€483,927▼ 0.3%€493,871▲ 2.1%€604,726▲ 22.4%€589,174▼ 2.6%€586,426▼ 0.5%
Debt€955,152=€964,562▲ 1.0%€1.0m▲ 8.4%€998,659▼ 4.5%€965,934▼ 3.3%
Working capital-€456,705▼ 0.3%-€456,171▲ 0.1%-€526,219▼ 15.4%-€494,580▲ 6.0%-€463,889▲ 6.2%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€10,000€0€10,000€20,000€30,000Operating result 2021: -€1,418-€1,418Net result 2021: -€1,463-€1,463Operating result 2022: €579€579Net result 2022: €534€534Operating result 2023: €12,773€12,773Net result 2023: €29,529€29,529Operating result 2024: €23,289€23,289Net result 2024: €31,678€31,678Operating result 2025: €21,589€21,589Net result 2025: €29,976€29,97620212022202320242025€0€10,000€20,000€30,000Operating result 2023: €12,773€12,800Net result 2023: €29,529€29,500Operating result 2024: €23,289€23,300Net result 2024: €31,678€31,700Operating result 2025: €21,589€21,600Net result 2025: €29,976€30,000202320242025
The operating result falls in 2025; 2025 is 7% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €586,426
Fixed assets €455,480 =
Current assets €130,946 ▼ 2.1%
Key figures and ratios
2025 value · change against 2024
Solvency
-64.7%▲
2024 · -69.5%
Current ratio
0.22▲
2024 · 0.21
Debt to equity
-2.55▼
2024 · -2.44
ROA
5.1%▼
2024 · 5.4%
Debt ≤ 1 year
€594,834▼
2024 · €628,274
Debt > 1 year
€370,000=
2024 · €370,000
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 36 lines
Balance sheet Code20242025
Assets
Total assets20/58€589,174€586,426▼
Fixed assets21/28€455,480€455,480=
Financial fixed assets28€455,480€455,480=
Current assets29/58€133,694€130,946▼
Amounts receivable within one year40/41€128,710€127,310▼
Trade receivables40€1,400-
Other amounts receivable41€127,310€127,310=
Cash at bank and in hand54/58€4,984€3,636▼
Equity and liabilities
Total equity and liabilities10/49€589,174€586,426▼
Equity10/15-€409,484-€379,508▲
Contributions10/11€30,987€30,987=
Capital10€30,987€30,987=
Issued capital100€30,987€30,987=
Reserves13€10,317€10,317=
Non-distributable reserves130/1€3,099€3,099=
Legal reserve130€3,099€3,099=
Distributable reserves133€7,218€7,218=
Profit (loss) carried forward14-€450,788-€420,812▲
Amounts payable17/49€998,659€965,934▼
Amounts payable after more than one year17€370,000€370,000=
Financial debts170/4€370,000€370,000=
Amounts payable within one year42/48€628,274€594,834▼
Other amounts payable47/48€628,274€594,834▼
Accrued charges and deferred income492/3€384€1,100▲
Income statement Code20242025
Other operating charges640/8€434€427▼
Gross operating margin9900€23,723€22,016▼
Operating profit (loss)9901€23,289€21,589▼
Financial income75/76B€8,455€8,432▼
Recurring financial income75€8,455€8,432▼
Financial charges65/66B€66€45▼
Recurring financial charges65€66€45▼
Profit (loss) for the period before taxes9903€31,678€29,976▼
Profit (loss) for the period9904€31,678€29,976▼
Profit (loss) for the period to be appropriated9905€31,678€29,976▼
Appropriation of the result
Profit (loss) to be appropriated9906-€450,788-€420,812▲
Profit (loss) brought forward from the previous period14P-€482,466-€450,788▲

The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Turnover70-€2,058----
Goods, raw materials, services and sundry goods60/61-€1,131----
Other operating charges640/8€348€348€384€434€427▼ 1.8%
Gross operating margin9900-€1,070€927€13,158€23,723€22,016▼ 7.2%
Operating profit (loss)9901-€1,418€579€12,773€23,289€21,589▼ 7.3%
Financial income75/76B--€16,801€8,455€8,432▼ 0.3%
Recurring financial income75--€16,801€8,455€8,432▼ 0.3%
Financial charges65/66B€45€45€45€66€45▼ 31.3%
Recurring financial charges65€45€45€45€66€45▼ 31.3%
Profit (loss) for the period before taxes9903-€1,463€534€29,529€31,678€29,976▼ 5.4%
Income taxes67/77--€0---
Profit (loss) for the period9904-€1,463€534€29,529€31,678€29,976▼ 5.4%
Profit (loss) for the period to be appropriated9905-€1,463€534€29,529€31,678€29,976▼ 5.4%
Line20212022202320242025Change
Assets
Total assets20/58€483,927€493,871€604,726€589,174€586,426▼ 0.5%
Fixed assets21/28€355,480€355,480€455,480€455,480€455,480=
Financial fixed assets28€355,480€355,480€455,480€455,480€455,480=
Current assets29/58€128,447€138,391€149,246€133,694€130,946▼ 2.1%
Amounts receivable within one year40/41€109,610€108,710€122,440€128,710€127,310▼ 1.1%
Trade receivables40--€1,330€1,400--
Other amounts receivable41€109,610€108,710€121,110€127,310€127,310=
Cash at bank and in hand54/58€18,837€29,681€26,806€4,984€3,636▼ 27.1%
Equity and liabilities
Total equity and liabilities10/49€483,927€493,871€604,726€589,174€586,426▼ 0.5%
Equity10/15-€471,225-€470,691-€441,163-€409,484-€379,508▲ 7.3%
Contributions10/11€30,987€30,987€30,987€30,987€30,987=
Capital10€30,987€30,987€30,987€30,987€30,987=
Issued capital100€30,987€30,987€30,987€30,987€30,987=
Reserves13€10,317€10,317€10,317€10,317€10,317=
Non-distributable reserves130/1€3,099€3,099€3,099€3,099€3,099=
Legal reserve130€3,099€3,099€3,099€3,099€3,099=
Distributable reserves133€7,218€7,218€7,218€7,218€7,218=
Profit (loss) carried forward14-€512,529-€511,995-€482,466-€450,788-€420,812▲ 6.6%
Amounts payable17/49€955,152€964,562€1.0m€998,659€965,934▼ 3.3%
Amounts payable after more than one year17€370,000€370,000€370,000€370,000€370,000=
Financial debts170/4€370,000€370,000€370,000€370,000€370,000=
Amounts payable within one year42/48€585,152€594,562€675,465€628,274€594,834▼ 5.3%
Trade debts44--€1,110---
Suppliers440/4--€1,110---
Other amounts payable47/48€585,152€594,562€674,354€628,274€594,834▼ 5.3%
Accrued charges and deferred income492/3--€424€384€1,100▲ 186%
Line20212022202320242025Change
Profit (loss) for the period9904-€1,463€534€29,529€31,678€29,976▼ 5.4%
Operating cash flow (approximation)-€1,463€534€29,529€31,678€29,976▼ 5.4%
Investment in fixed assets (approximation)-€0-€100,000€0€0-
Change in cash-€10,844-€2,875-€21,822-€1,349▲ 93.8%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
16-07
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
11-07
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial Highest result since 2018net €31,678 ▲7.3%
Operating result €23,289, net result €31,678, both a record.
20-09
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 51 days late
06-09
KBO administration Address struck
Rogierlaan 353 1030 L’adresse du siège Avenue Rogier 353 1030 Die Sitzadresse Avenue Rogier / Rogierlaan Schaarbeek werd doorgehaald met ingang van Schaerbeek · event 16-03-2024
13-02
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 197 days late
2022
31-12
Financial Back to profitnet €534
Net result €534 after one loss-making year.
31-08
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
31-12
Financial Weakest financial yearnet -€1,463
Net result drops to -€1,463, the lowest in the series; recovery starts the following year.
29-10
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 90 days late
2020
30-10
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 91 days late
2019
31-08
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 31 days late
2018
31-08
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
2017
31-08
NBB filing Annual accounts filed
fiscal year 2016 · micro schema · 31 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts

We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
3 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Chaumont-Gistoux · 1 establishment unit since 1992
seat establishment The establishment unit on the map
Ground area
3,432 m²
Building footprint
292 m²
Volume, LiDAR
2,086 m³
2 parcels, Wallonia · tallest building 9.8 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Avenue Boulogne Billancourt 41, 1330 Rixensart
Scientific research and development
since 19922.058.545.579
2 parcels
Wallonia 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
25026A0183/00K000 Wallonia 2,232 m² 1 · 96 m² 9.8 m · 3 fl.
25091B0008/00P000 Wallonia 1,200 m² 1 · 195 m² 9.3 m · 2 fl.
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Identification & contact

Identification
Legal formPublic limited company
Founded22-07-1992
Fiscal year end31-12
E-invoicing
Not found in the Peppol register

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Register as of 28 September 2026 · Peppol Directory

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