Equity
€5,000 from €109,975 in 2024
Equity fell by 95% in 1 year.
Equal
Overview
Lifetime
4 annual accounts with figures on one time axispeak €64,233 (2025)
€64,233▲ 28.2%
peak €45,812 (2022)
€32,646▲ 10.6%
peak €109,975 (2024)
€5,000▼ 95.5%
€243,432▲ 47.7%
Board1 name since 2021
Documentsfilings and deeds
22-06-202639 days before the deadline
2025micro format
Gross margin from €50,091 to €64,233Dividend €137,621Equity from €109,975 to €5,000Debts from €164,829 to €243,432Investments €41,259
Key points
from the 2025 annual accountsTurnover
≈ €190,000 estimated
The micro format states no turnover.
Debts
€243,432 98% of the balance sheet
Financial debts 54%Suppliers 1%Taxes and wages 9%Other 36%
Of this, €113,363 falls due within a year.
Investments
€41,259 2.8 × depreciation
Green is investment, beige is depreciation. Land and buildings stand 17.5% higher than in 2024.
Liquidity
0.44 was 3.84 in 2024
Short-term debts rose from €26,581 to €113,363.
Position in the sector
2.0%
Lower solvency than 87% of companies in computing infrastructure and information services. Sector median 55.3% · 2,302 companies.
Checked score
83
Excellent
Financially stronger than 26% of micro companies in computing infrastructure and information services (NACE 63)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 2,947 companies (NACE 63, micro).
About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.3%
01-2025: 0.3%● unchanged vs 12-2024
02-2025: 0.3%● unchanged vs 01-2025
03-2025: 0.3%● unchanged vs 02-2025
04-2025: 0.3%● unchanged vs 03-2025
05-2025: 0.3%● unchanged vs 04-2025
06-2025: 0.3%● unchanged vs 05-2025
07-2025: 0.3%● unchanged vs 06-2025
08-2025: 0.5%▲ +0.2 percentage points vs 07-2025
09-2025: 0.6%▲ +0.1 percentage points vs 08-2025highest value
10-2025: 0.2%▼ -0.4 percentage points vs 09-2025
11-2025: 0.2%● unchanged vs 10-2025
12-2025: 0.2%● unchanged vs 11-2025
01-2026: 0.2%● unchanged vs 12-2025
02-2026: 0.2%● unchanged vs 01-2026
03-2026: 0.2%● unchanged vs 02-2026
04-2026: 0.2%● unchanged vs 03-2026
05-2026: 0.2%● unchanged vs 04-2026
06-2026: 0.2%● unchanged vs 05-2026
07-2026: 0.2%● unchanged vs 06-2026lowest value
08-2026: 0.2%● unchanged vs 07-2026
09-2026: 0.3%▲ +0.1 percentage points vs 08-2026
10-2026: 0.3%● unchanged vs 09-2026
11-2026: 0.3%● unchanged vs 10-2026
Financial strengthAverage
Score breakdown
raises risk
Equity €5,000 (2.0% of total assets)
lowers risk
Sector: Computing infrastructure, data processing, hosting and other information service activities (NACE 63)
Liquidity: current ratio 0.44, cash €43,742
Size: total assets €248,432
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 63, micro). It does better than 13% of them on solvency, 28% on liquidity, 55% on profitability and 6% on growth.
The bankruptcy probability was computed on 10-11-2026 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 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% 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, 2,153 companies had the same profile as Equal has now. Each dot stands for 6 companies, two years later.
96.0%
were still trading
2.2%
stopped another way
1.7%
went bankrupt
The bankruptcy probability of Equal itself is lower: 0.3% within 12 months. It rests on far more data about Equal than the profile alone.
Test of the method
The method was tested on the 497,448 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 2,153 companies, not a prediction for Equal. 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 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
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 13% of 2302 sector peers (2025).
NBB · sector comparisonPosition among 2302 sector peers
Solvency
better than 13%
← weakest
strongest →
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 22-06-2026, 39 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
39 days early
2024
46 days late
2023
27 days early
2022
28 days early
← 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 12 days before the deadline. In the sector (NACE 63), the median for financial year 2024 was 9 days before the deadline, and 32% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 4 July (3 of the last 4 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
11-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
- QUAGHEBEUR Koen Marcel Geertrui Cornelius founderdeed of 25-10-2021
- VAN RIE Rebecca Annemarie Lucdeed of 25-10-2021
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0776337025
Incorporation
Appointment: QUAGHEBEUR Koen Marcel Geertrui Cornelius (director) · Founder: QUAGHEBEUR Koen Marcel Geertrui Cornelius · Founding capital of €5,000, 100 shares · published on 25-10-2021 · Gazette deed
First establishment
Krommelei 31, Wijnegem
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| Equal Wijnegem | €248,432 | €64,233 | 2.0% | - |
| Zichtpunten Mechelen | €256,739 | €68,485 | 3.7% | - |
| DS’events Scherpenheuvel-Zichem | €225,476 | €56,799 | 67.8% | - |
| WhoCares? Leuven | €293,066 | €67,986 | 9.9% | - |
| PHANTICA Bocholt | €254,304 | €68,991 | 84.4% | - |
| Andante Consulting Rijkevorsel | €215,740 | €77,106 | 89.6% | - |
| DE LONKENDE LENTE Heist-op-den-Berg | €283,573 | €49,757 | 61.7% | - |
These companies have the same main activity as Equal: other information service activities (NACE 63920). They are comparable in size and age: total assets between €216,000 and €293,000, founded between 2020 and 2022.
Official details
Source: KBO- Status
- Active since 21-10-2021Normal situation
- Activity
- Other information service activitiesNACE 63920and 2 others
- Establishment unit
- 2.324.130.1932110 Wijnegem, since 21-10-2021
- Financial year end
- 31 December
- Peppol
- Reachable since 19-11-2025
Annual accounts 2025
- €64,233▲ 28.2%
- €32,646▲ 10.6%
- €5,000▼ 95.5%
- €248,432▼ 9.6%
- Filing
- Filed on 22-06-2026, 39 days before the end of the filing period
Insights on Equal
Equal files the micro format. That format states no turnover. The gross margin rose from €59,860 in 2022 to €64,233 in 2025.
The balance sheet grew most from 2023 to 2024 through fixed assets.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Financials
Annual accounts 2025
micro format, filed on 22-06-2026, 39 days before the deadline€64,233
▲ 28.2%
€46,867
▲ 15.8%
€32,646
▲ 10.6%
-€63,961
▼ €139,562
2.0%
▼ 38.0 percentage points
0.44
▼ 3.41
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 ≈ €190,000. Estimated: probably between €130,000 and €330,000.
Balance sheet
balance sheet total €248,432 on 31-12-2025What the company ownsHow it is paid for
in euro
in euro
Position in the sector
2.0%
Higher than 13% of 2,302 companies in 2025.
0.44
Higher than 9% of 2,199 companies in 2025.
13.1%
Higher than 48% of 2,233 companies in 2025.
Equal
Middle half of the sector
80% of the sector
Micro accounts in computing infrastructure and information services (NACE 63)
Net result: middle half · Equity: bottom quarter · Balance sheet total: middle half · Working capital: bottom quarter
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 |
248,432 | 274,805 | 84,259 | 54,990 | |
21/28 |
199,030 | 172,622 | 18,604 | 14,651 | |
22/27 |
199,030 | 172,622 | 18,604 | 14,651 | |
22 |
192,505 | 163,849 | 7,626 | 7,245 | |
23 |
151 | 239 | 327 | 415 | |
24 |
6,374 | 8,534 | 10,651 | 6,991 | |
29/58 |
49,402 | 102,182 | 65,654 | 40,339 | |
40/41 |
3,250 | 9,180 | 13,290 | 13,183 | |
40 |
- | 0 | 13,290 | 12,365 | |
41 |
3,250 | 9,180 | - | 818 | |
50/53 |
0 | 40,835 | 40,000 | - | |
54/58 |
43,742 | 49,723 | 10,884 | 21,686 | |
490/1 |
2,410 | 2,444 | 1,480 | 5,470 | |
| Balance sheet: equity and liabilities | |||||
10/49 |
248,432 | 274,805 | 84,259 | 54,990 | |
10/15 |
5,000 | 109,975 | 80,467 | 50,812 | |
10/11 |
5,000 | 5,000 | 5,000 | 5,000 | |
11 |
- | - | 5,000 | 5,000 | |
1109/19 |
- | - | 5,000 | 5,000 | |
14 |
0 | 104,975 | 75,467 | 45,812 | |
17/49 |
243,432 | 164,829 | 3,792 | 4,178 | |
17 |
130,069 | 138,248 | - | - | |
170/4 |
130,069 | 138,248 | - | - | |
42/48 |
113,363 | 26,581 | 3,792 | 4,178 | |
42 |
8,179 | 7,902 | - | - | |
43 |
1,127 | 2,118 | - | - | |
430/8 |
1,127 | 2,118 | - | - | |
44 |
2,249 | 11,317 | 397 | 23 | |
440/4 |
2,249 | 11,317 | 397 | 23 | |
45 |
22,591 | 4,746 | 3,103 | 3,386 | |
450/3 |
22,591 | 4,746 | 3,103 | 3,386 | |
47/48 |
79,216 | 497 | 292 | 769 | |
| Income statement | |||||
9900 |
64,233 | 50,091 | 44,517 | 59,860 | |
630 |
14,851 | 8,645 | 5,106 | 2,196 | |
640/8 |
2,515 | 989 | 439 | 102 | |
9901 |
46,867 | 40,458 | 38,972 | 57,561 | |
75/76B |
913 | 1,296 | 0 | 0 | |
75 |
913 | 1,296 | 0 | 0 | |
65/66B |
5,171 | 3,304 | 71 | 68 | |
65 |
5,171 | 3,304 | 71 | 68 | |
9903 |
42,610 | 38,450 | 38,901 | 57,494 | |
67/77 |
9,963 | 8,942 | 9,246 | 11,682 | |
9904 |
32,646 | 29,509 | 29,655 | 45,812 | |
9905 |
32,646 | 29,509 | 29,655 | 45,812 | |
| Appropriation of the result | |||||
9906 |
137,621 | 104,975 | 75,467 | 45,812 | |
14P |
104,975 | 75,467 | 45,812 | - | |
694/7 |
137,621 | - | - | - | |
694 |
137,621 | - | - | - | |
| 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 2025 at the NBB, filed on 22-06-2026.
Filings
each dot is a set of accounts, on the day it reached the National BankKey figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| 61,718 | 49,102 | 44,078 | 59,758 | ||
| 47,497 | 38,153 | 34,761 | 48,008 | ||
| 41,259 | 162,662 | 9,060 | 16,847 | ||
| -5,981 | 38,839 | -10,802 | - | ||
| -63,961 | 75,601 | 61,862 | 36,161 | ||
| 2.0% | 40.0% | 95.5% | 92.4% | ||
| 0.44 | 3.84 | 17.31 | 9.65 | ||
| 48.69 | 1.50 | 0.05 | 0.08 | ||
| 652.9% | 26.8% | 36.9% | 90.2% | ||
| 13.1% | 10.7% | 35.2% | 83.3% | ||
| 11.94 | 14.86 | over 100 | over 100 |
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 | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Tangible fixed assets | €41,259 | €162,662 | €9,060 | €15,661 |
| Intangible fixed assets | - | - | - | €1,187 |
| €14,851 | €8,645 | €5,106 | €2,196 |
Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)
Insights on Equal
The operating result for 2025 is 16% higher than in 2024 and the highest since 2022. It is the second rise in a row, after the fall in 2023.
Debt's share of the balance-sheet total rises from 60.0% to 98.0%. Equity is lower and debt is higher.
Board & ownership
Board
1 director, since incorporationDirector
since 20-10-2021
term for the life of the company
listed in the 2025 annual accounts, filed on 22-06-2026
Mandates through the years
1 name, the dashed line is todayBoard
Mandates as a list
- QUAGHEBEUR Koen Marcel Geertrui Cornelius
- Director, from 20-10-2021 to date
Control
Founders
QUAGHEBEUR Koen Marcel Geertrui Cornelius, VAN RIE Rebecca Annemarie Luc
This company
Equal
Equity €5,000
Profit €32,646 in 2025
Capital
- Contribution
- €5,000
- Shares
- 100
- Contribution per share
- €50
- Equity per share
- €50 in 2025
- Source
- deed of 25-10-2021
Articles of association
deed of 25-10-2021 (in Dutch)- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimited
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- Last Tuesday of June at 18:00
Founders
At incorporation
deed of 25-10-2021 ↗
- QUAGHEBEUR Koen Marcel Geertrui Cornelius founder
- VAN RIE Rebecca Annemarie Luc
Capital transactions
Capital over time
- 25-10-2021 Incorporation · €5,000 · 100 shares
- 25-10-2021 Incorporation · €5,000 · 100 shares
Network & group
No group
Equal has no parent and no holdings in its annual accounts. QUAGHEBEUR Koen Marcel Geertrui Cornelius is the only director. Equal shares no director with another company.
Timeline
Timeline
8 events since 2021Filings
Financial
Establishments
202220242026
Deadline for the 2026 accounts: 31-07-2027
2026
Annual accounts 2025 filed NBBmicro format · 39 days before the deadline
2025
Registered in the Peppol Directory Reachable for e-invoices through 0208:0776337025
Annual accounts 2024 filed PDFmicro format · 46 days late
2024
Equity above €100,000 equity €109,975 ▲36.7% With a profit in every financial year since 2022, equity grows to €109,975.
Annual accounts 2023 filed PDFmicro format · 27 days before the deadline
2023
Annual accounts 2022 filed PDFmicro format · 28 days before the deadline
2021
IncorporationAppointment: QUAGHEBEUR Koen Marcel Geertrui Cornelius (director) · Founder: QUAGHEBEUR Koen Marcel Geertrui Cornelius · Founding capital of €5,000, 100 shares · published on 25-10-20214 points ▸
- Founder, QUAGHEBEUR Koen Marcel Geertrui Cornelius
- Founding capital, €5,000, 100 shares, mentioned twice in the deed
- Director appointment, QUAGHEBEUR Koen Marcel Geertrui Cornelius
- Registered office clause, Krommelei 31, 2110 Wijnegem
- The deed holds 3 more points.
First establishment Krommelei 31, Wijnegem
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
On 21 October 2021, Equal was incorporated as a private limited company by two natural persons, with a starting capital of €5,000.12 QUAGHEBEUR Koen Marcel Geertrui Cornelius has served as director since 2021.3 Total assets went from €54,990 in 2022 to €248,432 in 2025.4
Company details
Identity
- Enterprise number
- 0776.337.025
- VAT number
- BE 0776.337.025
- Peppol ID
- 0208:0776337025
- Other Peppol ID
- 9925:BE0776337025
- Legal form
- Private limited company
- Status
- Active, normal situation
- Founded
- 21-10-2021
- Financial year
- ends on 31 December
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- Last Tuesday of June at 18:00deed of 25-10-2021 (in Dutch)
- Peppol
- Reachable since 19-11-2025Follow this company and you will hear the next morning if it leaves the Peppol register.
- Name
- Equal in Dutch
- Entity type
- Legal entity
- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimiteddeed of 25-10-2021 (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.
- “Vlaams Gewest”deed of 25-10-2021 (in Dutch)
Activities
NACEBEL 202563920
Other information service activities main activity
Codes under NACEBEL 2008
63990
Computing infrastructure, data processing, hosting and other information service activities main activity
71111
Architectural and engineering activities; technical testing and analysis
74909
Other professional, scientific and technical activities
- PurposeThe purpose describes the activities the company may carry out under its articles.
- “Consultancy en de algemene coördinatie van werkzaamheden op de bouwwerf; Het aannemen en uitvoeren van werken in de bouwnijverheid met name…”deed of 25-10-2021 (in Dutch)
11 activities
- Consultancy en de algemene coördinatie van werkzaamheden op de bouwwerf
- Het aannemen en uitvoeren van werken in de bouwnijverheid met name: het bouwrijp maken van terreinen, burgerlijke en utiliteitsbouw, wegen- en waterbouw, onder meer: het optrekken en slopen van gebouwen voor industrieel of commercieel gebruik, voor landbouwdoeleinden, het optrekken van andere residentiële gebouwen, kantoorgebouwen en/of individuele huizen; overige werkzaamheden in verband met de afwerking van gebouwen, dakbedekking en bouw van dakconstructies, het plaatsen van ramen, het plaatsen van glas, het leggen van vloerbedekking van hout of andere materialen, het plaatsen van vloer- en wandtegels, het uitvoeren van schilderwerken, het plaatsen van behang, binnenhuis decoratie, schrijnwerk van hout, metaal of van kunststof, stukadoorswerk, loodgieterij, installatie van verwarming, klimaatregeling en ventilatie, isolatiewerkzaamheden, elektriciteitswerken en het plaatsen van elektrische installaties
- Handelsbemiddeling in meubels en decoratie materiaal, huishoudelijke artikelen en ijzerwaren, handelsbemiddeling in hout en bouwmaterialen
- Verhuur van machines voor de bouwnijverheid met en zonder bedieningspersoneel
- De activiteiten van bouwpromotor, met name: het verwerven van onroerende goederen, het laten bouwen van onroerende constructies, de verkoop en verhuring van onroerende goederen; en het verwerven van licenties die hierop betrekking hebben
- Zowel in België als in het buitenland, onder eender welke vorm, participaties te verwerven en aan te houden in vennootschappen en ondernemingen
- Het deelnemen in of de directie voeren over andere vennootschappen en ondernemingen; het management en het bestuur van om het even welke ondernemingen en vennootschappen; het optreden als vereffenaar
- Het verlenen van technische of commerciële bijstand aan alle Belgische en buitenlandse ondernemingen; het verlenen van financiële bijstand
- Haar patrimonium, bestaande uit onroerende en roerende goederen en rechten, te behouden, in de ruimste zin van het woord te beheren en oordeelkundig uit te breiden
- De aankoop, verhuur, onderhoud en verkoop van alle roerende goederen - desgevallend ten behoeve van eigen handelsverrichtingen of voor handelsverrichtingen van derden - zoals alle soorten materieel, gereedschappen, machines, installaties en computers, soft- en hardware
- Het aanvragen, verwerven, verhandelen en exploiteren van licenties, octrooien, merken en dergelijke
Registered office and establishments
1 establishment| Establishment | Since | Unit number |
|---|---|---|
| Krommelei 31 registered office 2110 Wijnegem | 21-10-2021 | 2.324.130.193 |
Buildings and parcels at the address
- Ground area
- 1,273 m²
- Buildings
- 176 m²
- Volume, LiDAR
- 1,005 m³
- Tallest building
- 9.7 m
Buildings to scale, each on its own parcel
Parcels
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 11050B0074/00F000 | 1,273 m² | 1 · 176 m² | 9.7 m · 2 |