EQSTUDS
ActiveSummary
EQSTUDS has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show negative equity (-€148,334) and a net result of -€14,464. Equity is shrinking by ~17.2% per year across the filed fiscal years. Its solvency ranks better than 5% of 3940 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.0% (low).
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Signals
This company filed its last 6 accounts on average 136 days after the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 37% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 01, Crop and animal production, hunting and related service activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Peer companies
Historical observationOf the 6,038 companies that looked in July 2024 the way this one looks now, 7.3% went bankrupt within 24 months and 82% are still going.
- Micro
- 5 to 10 years old
- negative equity
- a loss of 10% of the balance sheet or more
A further 2.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: 1.0% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 6,038 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €5,850 | €6,027 | €6,027 | €6,027 | €6,013 | ▼ 0.2% |
| Other operating charges640/8 | - | €689 | €921 | €1,860 | €500 | ▼ 73.1% |
| Non-recurring operating charges66A | - | - | - | €4,764 | - | - |
| Gross operating margin9900 | -€99,458 | €97,779 | -€24,282 | -€23,218 | -€7,201 | ▲ 69.0% |
| Operating profit (loss)9901 | -€106,310 | €91,062 | -€31,230 | -€35,869 | -€13,714 | ▲ 61.8% |
| Financial income75/76B | - | €3 | €3 | - | - | - |
| Recurring financial income75 | €83 | €3 | €3 | - | - | - |
| Financial charges65/66B | - | €460 | €757 | €939 | €750 | ▼ 20.1% |
| Recurring financial charges65 | €617 | €460 | €757 | €939 | €750 | ▼ 20.1% |
| Profit (loss) for the period before taxes9903 | -€106,845 | €90,605 | -€31,984 | -€36,808 | -€14,464 | ▲ 60.7% |
| Profit (loss) for the period9904 | -€106,845 | €90,605 | -€31,984 | -€36,808 | -€14,464 | ▲ 60.7% |
| Profit (loss) for the period to be appropriated9905 | -€106,845 | €90,605 | -€31,984 | -€36,808 | -€14,464 | ▲ 60.7% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €91,294 | €137,414 | €153,867 | €159,546 | €4,714 | ▼ 97.0% |
| Fixed assets21/28 | €25,199 | €19,172 | €13,145 | €7,117 | €1,105 | ▼ 84.5% |
| Intangible fixed assets21 | €20,986 | €15,736 | €10,486 | €5,236 | - | - |
| Tangible fixed assets22/27 | €4,213 | €3,436 | €2,659 | €1,882 | €1,105 | ▼ 41.3% |
| Plant, machinery and equipment23 | - | €3,436 | €2,659 | €1,882 | €1,105 | ▼ 41.3% |
| Current assets29/58 | €66,095 | €118,242 | €140,723 | €152,429 | €3,609 | ▼ 97.6% |
| Stocks and contracts in progress3 | - | €15,540 | €10,776 | €2,950 | - | - |
| Stocks30/36 | - | €15,540 | €10,776 | €2,950 | - | - |
| Amounts receivable within one year40/41 | €64,943 | €100,805 | €128,807 | €149,469 | €3,609 | ▼ 97.6% |
| Trade receivables40 | - | €5,000 | €9,764 | €160 | - | - |
| Other amounts receivable41 | - | €95,805 | €119,043 | €149,310 | €3,609 | ▼ 97.6% |
| Cash at bank and in hand54/58 | €1,151 | €1 | €1,048 | €10 | - | - |
| Deferred charges and accrued income490/1 | - | €1,896 | €91 | - | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €91,294 | €137,414 | €153,867 | €159,546 | €4,714 | ▼ 97.0% |
| Equity10/15 | -€155,682 | -€65,078 | -€97,062 | -€133,869 | -€148,334 | ▼ 10.8% |
| Contributions10/11 | - | €18,550 | €18,550 | €18,550 | €18,550 | = |
| Profit (loss) carried forward14 | -€174,232 | -€83,628 | -€115,612 | -€152,419 | -€166,884 | ▼ 9.5% |
| Amounts payable17/49 | €246,976 | €202,492 | €250,929 | €293,416 | €153,047 | ▼ 47.8% |
| Amounts payable within one year42/48 | €246,922 | €202,492 | €250,873 | €292,669 | €153,030 | ▼ 47.7% |
| Financial debts43 | - | €5,153 | €5,175 | €4,996 | €5,202 | ▲ 4.1% |
| Credit institutions430/8 | - | €5,153 | €5,175 | €4,996 | €5,202 | ▲ 4.1% |
| Trade debts44 | €92,272 | €32,619 | €20,460 | €22,436 | €28,254 | ▲ 25.9% |
| Suppliers440/4 | - | €32,619 | €20,460 | €22,436 | €28,254 | ▲ 25.9% |
| Other amounts payable47/48 | - | €164,720 | €225,237 | €265,237 | €119,574 | ▼ 54.9% |
| Accrued charges and deferred income492/3 | - | - | €56 | €747 | €17 | ▼ 97.7% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€106,845 | €90,605 | -€31,984 | -€36,808 | -€14,464 | ▲ 60.7% |
| + Depreciation and write-downs630 | €5,850 | €6,027 | €6,027 | €6,027 | €6,013 | ▼ 0.2% |
| Operating cash flow (approximation) | -€100,994 | €96,632 | -€25,957 | -€30,781 | -€8,451 | ▲ 72.5% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €0 | - |
| Change in cash | - | -€1,150 | €1,047 | -€1,038 | - | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
Directors · office · real estate
1 establishment unit
1 parcel
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 82011A3181/00K000 | Wallonia | 1.8 ha | 1 · 404 m² | - |
Linked by address, not proof of ownership
Similar companies · same sector and region
Identification & contact
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Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.