Equity
-€148,334
Debts exceed assets in financial year 2024.
EQSTUDS
Overview
Lifetime
6 annual accounts with figures on one time axispeak €97,779 (2021)
-€7,201▲ €16,017
lowest -€106,845 (2020)
-€14,464▲ €22,344
peak -€48,838 (2019)
-€148,334▼ €14,464
€153,047▼ 47.8%
Board1 name since 2018
1 director
Documentsfilings and deeds
01-07-2026335 days late
2024micro format
Gross margin from -€23,218 to -€7,201Loss of €14,464Debts from €293,416 to €153,047
Key points
from the 2024 annual accountsLosses
-€83,256 in three years
Every financial year from 2022 to 2024 closed with a loss. 2023 was the heaviest.
Filings
6 annual accounts 104 days past the deadline
2025 accounts not filed: deadline was 31-07-2026.
Turnover not published (micro format)
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 6,007 companies had the same profile as EQSTUDS has now. Each dot stands for 16 companies, two years later.
83.0%
were still trading
8.4%
stopped another way
7.9%
went bankrupt
Another 0.8% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,331 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 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
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 6,007 companies, not a prediction for EQSTUDS. 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
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
Board and ownership
Manager, since 20-12-2018
- 10 sharesdeed of 27-12-2018
- 90 sharesdeed of 27-12-2018
Recent changes
Incorporation
Founding capital of €18,550, 100 shares · Founders: and · Appointment: (manager) · published on 27-12-2018 · Gazette deed
First establishment
Mont-le-Soie 1, Vielsalm
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| EQSTUDS Vielsalm | €4,714 | -€7,201 | -3147.0% | - |
| BioFexhe Fexhe-le-Haut-Clocher | €10,207 | -€6,205 | -483.3% | - |
| DE KUDDE Kluisbergen | €18,107 | -€341 | -358.9% | - |
| STABLES GROVENHOF Hasselt | €14,478 | -€3,871 | 8.9% | - |
| FILIP SERVICE Namur | €5,726 | -€4,737 | -550.2% | - |
| PRECISION FARRIERS Essen | €24,915 | €2,357 | 48.4% | - |
| Ceulemans Jorn Zandhoven | €21,442 | €2,934 | -79.1% | - |
These companies have the same main activity as EQSTUDS: support activities for animal production (NACE 01620). They are comparable in size and age: total assets between €5,730 and €24,900, founded between 2001 and 2022.
Official details
Source: KBO- Status
- Active since 21-12-2018Normal situation
- Activity
- Support activities for animal productionNACE 01620
- Establishment unit
- 2.323.993.4056698 Vielsalm, since 21-12-2018
- Financial year end
- 31 December
- Peppol
- Not found in the Peppol Directory
Annual accounts 2024
- -€7,201▲ 69.0%
- €14,464▼ 60.7%
- -€148,334▼ 10.8%
- €4,714▼ 97.0%
- Filing
- Filed on 01-07-2026
Insights on EQSTUDS
EQSTUDS files the micro format. That format states no turnover. The gross margin rose from -€66,988 in 2019 to -€7,201 in 2024.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Financials
Annual accounts 2024
micro format, filed on 01-07-2026, 335 days late2025 annual accounts not yet filed, deadline passed on 31 July 2026 The financial year closed on 31 December 2025. The accounts are due at the latest 7 months after the close (Companies Code art. 3:10). Source: NBB filings, as of 12 November 2026.
-€7,201
▲ €16,017
-€13,714
▲ €22,155
-€14,464
▲ €22,344
-€149,421
▼ €9,181
-
-
Turnover and EBIT margin are not published. The micro format does not require them.
Balance sheet
balance sheet total €4,714 on 31-12-2024What the company ownsHow it is paid for
in euro
Position in the sector
-
Higher than 6% of 3,667 companies in 2023.
-
Higher than 23% of 3,595 companies in 2023.
-
Higher than 6% of 3,635 companies in 2023.
EQSTUDS
Middle half of the sector
80% of the sector
Micro accounts in crop and animal production (NACE 01)
Net result: bottom quarter · Equity: bottom quarter · Balance sheet total: bottom quarter · Working capital: bottom quarter
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||
20/58 |
4,714 | 159,546 | 153,867 | 137,414 | 91,294 | 45,756 | |
21/28 |
1,105 | 7,117 | 13,145 | 19,172 | 25,199 | 26,827 | |
21 |
- | 5,236 | 10,486 | 15,736 | 20,986 | 25,000 | |
22/27 |
1,105 | 1,882 | 2,659 | 3,436 | 4,213 | 1,827 | |
23 |
1,105 | 1,882 | 2,659 | 3,436 | 4,213 | 1,827 | |
29/58 |
3,609 | 152,429 | 140,723 | 118,242 | 66,095 | 18,929 | |
3 |
- | 2,950 | 10,776 | 15,540 | - | - | |
30/36 |
- | 2,950 | 10,776 | 15,540 | - | - | |
40/41 |
3,609 | 149,469 | 128,807 | 100,805 | 64,943 | 18,809 | |
40 |
- | 160 | 9,764 | 5,000 | 695 | - | |
41 |
3,609 | 149,310 | 119,043 | 95,805 | 64,248 | 18,809 | |
54/58 |
- | 10 | 1,048 | 1 | 1,151 | 120 | |
490/1 |
- | - | 91 | 1,896 | - | - | |
| Balance sheet: equity and liabilities | |||||||
10/49 |
4,714 | 159,546 | 153,867 | 137,414 | 91,294 | 45,756 | |
10/15 |
-148,334 | -133,869 | -97,062 | -65,078 | -155,682 | -48,838 | |
10/11 |
18,550 | 18,550 | 18,550 | 18,550 | 18,550 | 18,550 | |
100 |
- | - | - | - | - | 18,550 | |
14 |
-166,884 | -152,419 | -115,612 | -83,628 | -174,232 | -67,388 | |
17/49 |
153,047 | 293,416 | 250,929 | 202,492 | 246,976 | 94,594 | |
42/48 |
153,030 | 292,669 | 250,873 | 202,492 | 246,922 | 94,594 | |
43 |
5,202 | 4,996 | 5,175 | 5,153 | 5,109 | 1,147 | |
430/8 |
5,202 | 4,996 | 5,175 | 5,153 | 5,109 | 1,147 | |
44 |
28,254 | 22,436 | 20,460 | 32,619 | 92,272 | 30,441 | |
440/4 |
28,254 | 22,436 | 20,460 | 32,619 | 92,272 | 30,441 | |
45 |
- | - | - | - | - | 6 | |
454/9 |
- | - | - | - | - | 6 | |
47/48 |
119,574 | 265,237 | 225,237 | 164,720 | 149,541 | 63,000 | |
492/3 |
17 | 747 | 56 | - | 54 | - | |
| Income statement | |||||||
9900 |
-7,201 | -23,218 | -24,282 | 97,779 | -99,458 | -66,988 | |
630 |
6,013 | 6,027 | 6,027 | 6,027 | 5,850 | - | |
640/8 |
500 | 1,860 | 921 | 689 | 1,002 | - | |
66A |
- | 4,764 | - | - | - | - | |
9901 |
-13,714 | -35,869 | -31,230 | 91,062 | -106,310 | -66,988 | |
75/76B |
- | - | 3 | 3 | 83 | - | |
75 |
- | - | 3 | 3 | 83 | - | |
65/66B |
750 | 939 | 757 | 460 | 617 | 399 | |
65 |
750 | 939 | 757 | 460 | 617 | 399 | |
9903 |
-14,464 | -36,808 | -31,984 | 90,605 | -106,845 | -67,388 | |
9904 |
-14,464 | -36,808 | -31,984 | 90,605 | -106,845 | -67,388 | |
9905 |
-14,464 | -36,808 | -31,984 | 90,605 | -106,845 | -67,388 | |
| Appropriation of the result | |||||||
9906 |
-166,884 | -152,419 | -115,612 | -83,628 | -174,232 | -67,388 | |
14P |
-152,419 | -115,612 | -83,628 | -174,232 | - | - | |
| 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 accounts filed with the NBB.
Source: Annual accounts 2024 at the NBB, filed on 01-07-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2024 | micro format | 01-07-2026 | 2026-00238196 | |
| 31-12-2023 | micro format | 19-07-2024 | 2024-00264853 | |
| 31-12-2022 | micro format | 29-09-2023 | 2023-00467213 | |
| 31-12-2021 | micro format | 30-09-2022 | 2022-20444155 | |
| 31-12-2020 | micro format | 08-02-2022 | 2022-05200141 | |
| 31-12-2019 | micro format | 29-01-2021 | 2021-03000552 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|
| -7,701 | -29,842 | -25,203 | 97,089 | -100,460 | - | ||
| -8,451 | -30,781 | -25,957 | 96,632 | -100,994 | - | ||
| 0 | 0 | 0 | 0 | 4,222 | 26,827 | ||
| - | -1,038 | 1,047 | -1,150 | 1,032 | - | ||
| -149,421 | -140,240 | -110,150 | -84,249 | -180,827 | -75,665 | ||
| - | -83.9% | -63.1% | -47.4% | -170.5% | -106.7% | ||
| - | 0.52 | 0.56 | 0.58 | 0.27 | 0.20 | ||
| - | 0.51 | 0.52 | 0.51 | 0.27 | 0.20 | ||
| - | -23.1% | -20.8% | 65.9% | -117.0% | -147.3% | ||
| -10.26 | -31.79 | -33.31 | over 100 | - | - |
The ratios are withheld because a balance sheet total of €4,714 is too small for a meaningful ratio.
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.
Insights on EQSTUDS
The operating result for 2024 is a loss of €13,714, smaller than the loss of €35,869 in 2023.
Equity is negative. Debt (€153,047) exceeds the balance-sheet total (€4,714).
Board & ownership
Board
1 director, since incorporationManager (not named in the articles)
since 20-12-2018
listed in the 2024 annual accounts, filed on 01-07-2026
- Signing authorityThe articles say who may bind the company, for example by signing a contract.
- “Article 11 : Pouvoirs du gérant Conformément à l'article 257 du Code des sociétés et sauf organisation par l'assemblée d'un collège de…”deed of 27-12-2018
Mandates through the years
1 name, the dashed line is todayManager (not named in the articles)
Board
Mandates as a list
-
- Manager (not named in the articles), from 20-12-2018 to date
Control
Founders
,
This company
EQSTUDS
Equity -€148,334
Loss €14,464 in 2024
Capital
- Capital
- €18,550
- Shares
- 100
- Contribution per share
- €186
- Equity per share
- -€1,483 in 2024
- Source
- deed of 27-12-2018
Articles of association
deed of 27-12-2018 (in French)- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimited
- Transfer restrictionThis rule says whether shareholders may sell their shares freely or need approval first.
- “Valeur fixée par expert choisi de commun accord,à défaut par le Président du Tribunal de Commerce du siège social statuant comme en référé…”
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- Third Wednesday of May at 18:00
Shareholders
At incorporation
deed of 27-12-2018 ↗
- 10 shares (10%) · €1,855
- 90 shares (90%) · €16,695
Network & group
No group
EQSTUDS has no parent and no holdings in its annual accounts. is the only director. EQSTUDS shares no director with another company.
At the same address
Mont-le-Soie 1, 6698 Vielsalm · 7 other companies| BIOPTIS
registered office since 02-10-2007 · founded in 2007 |
total assets €1.1m (2025) 0892.450.478 |
| CENTRE EUROPEEN DU CHEVAL DE MONT-LE-SOIE
registered office since 01-01-2008 · founded in 2000 · negative equity (2025) |
6.1 FTE (2025) 0473.065.733 |
| FOXY
registered office since 01-11-2018 · founded in 2018 |
total assets €153,611 (2025) 0712.621.881 |
| EQSCIENCE
registered office since 06-06-2018 · founded in 2018 · negative equity (2024) · accounts filed late |
total assets €2,103 (2024) 0697.690.712 |
| EQUISFAIR
registered office since 08-04-2019 |
founded in 2019 0718.630.141 |
| Lejeune, Jean-Philippe (sole trader)
establishment since 12-10-2005 |
founded in 2005 0876.644.230 |
| Duchemin, Stéphane (sole trader)
establishment since 11-08-1988 |
founded in 1988 0858.002.018 |
Timeline
Timeline
10 events since 2018Filings
Financial
Establishments
20182020202220242026
2026
Annual accounts 2024 filed NBBmicro format · 335 days late
2024
Annual accounts 2023 filed PDFmicro format · 12 days before the deadline
2023
Annual accounts 2022 filed PDFmicro format · 60 days late
2022
Annual accounts 2021 filed PDFmicro format · 61 days late
Annual accounts 2020 filed PDFmicro format · 192 days late
2021
Back to profit net €90,605 The net result is €90,605, after 2 loss-making years.
Annual accounts 2019 filed PDFmicro format · 182 days late
2020
Weakest financial year net -€106,845 The net result drops to -€106,845, the lowest from 2019 to 2024. It recovers the following year.
2018
IncorporationFounding capital of €18,550, 100 shares · Founders: and · Appointment: (manager) · published on 27-12-20188 points ▸
- Founder,
- Founder,
- Founding capital, €18,550, 100 shares
- Capital, €18,550
- Capital, €18,550, 100 shares
- Director appointment, (manager (not named in the articles))
- Permanent representative,
- Permanent representative,
- The deed holds 8 more points.
First establishment Mont-le-Soie 1, Vielsalm
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
- 0716.748.341
- VAT number
- BE 0716.748.341
- Legal form
- Private limited company (pre-2019)
- Status
- Active, normal situation
- Founded
- 21-12-2018
- Financial year
- ends on 31 December
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- Third Wednesday of May at 18:00deed of 27-12-2018 (in French)
- Peppol
- Not found in the Peppol Directory
- Name
- EQSTUDS in French
- Entity type
- Legal entity
- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimiteddeed of 27-12-2018 (in French)
- Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
- “Mont-le-Soie 1, 6698 Vielsalm”deed of 27-12-2018 (in French)
Activities
NACEBEL 202501620
Support activities for animal production main activity
Codes under NACEBEL 2008
01620
Support activities for animal production main activity
- PurposeThe purpose describes the activities the company may carry out under its articles.
- “La gestion d'un centre d'élevage de chevaux; La gestion d'un haras d'étalons; Etre un centre de reproduction,d'insémination artificielle,et…”deed of 27-12-2018 (in French)
22 activities
- La gestion d'un centre d'élevage de chevaux
- La gestion d'un haras d'étalons
- Etre un centre de reproduction,d'insémination artificielle,et de congélation du sperme d'étalons
- La production et la congélation des embryons
- Le rinçage et le transfert des embryons
- La recherche et le développement des techniques innovatrices pour la reproduction et la fertilisation
- De mettre en place un laboratoire pour la reproduction équestre
- De mettre en place un laboratoire pour la fertilisation et la manipulation des embryons
- De mettre en place une bio banque pour la congélation des embryons et le sperme des étalons
- De mettre à disposition des juments porteuses aux clients
- L'entrainement des poulains et des jeunes chevaux
- La présentation des poulains et des jeunes chevaux et étalons
- La vente des embryons,des poulains,des jeunes chevaux,des juments et des étalons
- La vente du sperme des étalons (frais et congelé)
- La vente des ovules des juments
- D'organiser une vente aux enchères pour des embryons,des poulains,des jeunes chevaux,des juments porteuses,des juments donneuses
- D'organiser le transport des embryons,des poulains,des chevaux,des étalons
- De louer ou accepter le droit de bail des bâtiments agricoles,des terrains agricoles,des équipements agricoles,des infrastructures agricoles
- La location des bâtiments agricoles,des terrains agricoles,des équipements agricoles,des infrastructures agricoles
- La formation professionnelle des employés,des étudiants et des stagiaires
- Tous les activités connexes à l'élevage
- La location des chevaux de sport
Registered office and establishments
1 establishment| Establishment | Since | Unit number |
|---|---|---|
| Mont-le-Soie 1 registered office 6698 Vielsalm | 21-12-2018 | 2.323.993.405 |
Buildings and parcels at the address
- Ground area
- 1.8 ha
- Buildings
- 404 m²
- Volume, LiDAR
- 2,257 m³
- Tallest building
- 8.8 m
Buildings to scale, each on its own parcel
Parcels
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 82011A3181/00K000 | 1.8 ha | 1 · 404 m² | 8.8 m · 2 |