The higher the Checked score (0 to 100), the smaller the chance that the company goes bankrupt within twelve months. That chance sets the band, from Critical to Excellent, and within the band how the company does against its sector peers counts too. With a low score, agree a shorter payment term, an advance or security.
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Bankruptcy probability within 12 months
Bankruptcy probability
It is the chance that the company goes bankrupt within twelve months, estimated from the registers, the annual accounts and the Belgian Official Gazette. At 0.2%, about 2 in 1,000 comparable companies go bankrupt. The higher it is, the shorter the payment term to agree.
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Financial strength
Financial strength
Financial strength measures the balance sheet and the results with three figures out of 100 from the latest annual accounts: solvency, liquidity and profitability. It does not directly set the Checked score's band. How the company does against its sector peers on these and on growth does count for its place within the band.
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Score breakdown
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Comparable companies, two years later
In July 2024, 3,234 companies had the same profile as Equalitus has now. Each dot stands for 9 companies, two years later.
87.5%
were still trading
9.0%
stopped another way
3.3%
went bankrupt
Micro
2 to 5 years old
solvency 30% or more
a loss of 10% of the balance sheet or more
Another 0.2% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,762 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.
The companies in ten equal groups, from the lowest to the highest expected share
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 3,234 companies, not a prediction for Equalitus. 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 verdict
The credit verdict says how much credit you can give the company on open account. “Acceptable” means normal terms, “With conditions” means limiting the amount or the term. “Not advised” means asking for payment up front.
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Credit check for an amount and term of your choice
Registered-office move
General meeting of 09-09-2025 · Gazette deed
Incorporation
Founding capital of €15,000, 15,000 shares · Founders: Name after signing inVisible after signing in, Name hiddenVisible after signing in and Hidden nameVisible after signing in · Appointments: Name after signing inVisible after signing in, Name hiddenVisible after signing in and Hidden nameVisible after signing in · published on 15-12-2021 · Gazette deed
First establishment
Chemin de Baudémont 13, Nivelles
“Toutes activités de conseil ou de consultance en toutes matières et notamment,mais pas exclusivement,en…” (deed in French)From the articles, 18 activitiesNo NACE code in the KBO yet
Small companies may file abbreviated or micro-format accounts. They often leave out revenue and other detail. The law allows it, so it is not missing data.
A company files its annual accounts with the National Bank no later than seven months after its financial year ends. Repeated late filing is a warning sign.
each dot is a set of accounts, on the day it reached the National Bank
2025 annual accounts filed 23 days after the deadline. Filed on 23 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00415628.
per financial year, computed from the annual accounts
Line
Trend
2025
2024
2023
2022
-2,092
-155
-1,522
-4,288
-2,246
-314
-1,679
-4,322
0
0
0
-
-1,746
-314
-1,945
-
-485
-
-
3,754
-
-
100.0%
97.3%
-
-
-
15.10
-
-
-
0.03
-
-
-46.2%
-54.6%
-
-
-46.2%
-53.1%
-13.55
-0.97
-9.69
-128.01
The ratios are withheld because a balance sheet total of €1,809 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 Equalitus
The operating result for 2025 is a loss of €3,477, larger than the loss of €1,539 in 2024. It is the lowest result since 2022.
Debt's share of the balance-sheet total is 27.6%.
Board & ownership
Board
Directors
Many board changes in a short time are a reason to keep a close eye on the company.
3 directors, since incorporation
Name after signing inVisible after signing in
Statutory director
appointed by deed of 15-12-2021term without a fixed end
Name hiddenVisible after signing in
Statutory director
appointed by deed of 15-12-2021term without a fixed end
Hidden nameVisible after signing in
Statutory director
appointed by deed of 15-12-2021term without a fixed end
also on the board of 2 other companies
Signing authorityThe articles say who may bind the company, for example by signing a contract.
“Article 16. Pouvoirs de l’organe d’administration S’il n’y a qu’un seul administrateur, la totalité des pouvoirs d’administration lui est…”
Each bar is one period in a role, from appointment to resignation or to today. An open left edge means the mandate began before its first mention. An open right edge means the mandate ended without a stated end date.
3 names, the dashed line is today
20212022202320242025202620272028
Name after signing inVisible after signing in Statutory director
Name hiddenVisible after signing in Statutory director
Hidden nameVisible after signing in Statutory director
Board
Mandates as a list
Name after signing inVisible after signing in
Statutory director, appointed by deed of 15-12-2021, still in office
Name hiddenVisible after signing in
Statutory director, appointed by deed of 15-12-2021, still in office
Hidden nameVisible after signing in
Statutory director, appointed by deed of 15-12-2021, still in office
Statutory auditorA statutory auditor is a registered auditor who checks the annual accounts. Small companies need not have one. According to the deed, the legal criteria do not require one here.
Annual accounts 2024 filedPDFmicro format · 32 days before the deadline
2024
Annual accounts 2023 filedPDFmicro format · 19 days late
2023
Annual accounts 2022 filedPDFmicro format · 24 days late
2021
IncorporationFounding capital of €15,000, 15,000 shares · Founders: Name after signing inVisible after signing in, Name hiddenVisible after signing in and Hidden nameVisible after signing in · Appointments: Name after signing inVisible after signing in, Name hiddenVisible after signing in and Hidden nameVisible after signing in · published on 15-12-20219 points ▸
Founder, Name after signing inVisible after signing in
Founder, Name hiddenVisible after signing in
Founder, Hidden nameVisible after signing in
Founding capital, €15,000, 15,000 shares
Director appointment, Name after signing inVisible after signing in (statutory director)
Director appointment, Name hiddenVisible after signing in (statutory director)
Director appointment, Hidden nameVisible after signing in (statutory director)
15,000 shares
Registered office clause, Rue du Fonteneau 24, 1400 Nivelles
Each sentence rests on a document from the KBO register, the Belgian Official Gazette or the National Bank. The number after the sentence opens that document.
On 11 December 2021, Equalitus was incorporated as a private limited company by three natural persons, with a starting capital of €15,000.12Total assets went from €9,968 in 2022 to €1,809 in 2025.3
PurposeThe purpose describes the activities the company may carry out under its articles.
“Toutes activités de conseil ou de consultance en toutes matières et notamment,mais pas exclusivement,en matière de ressources…”
18 activities
Toutes activités de conseil ou de consultance en toutes matières et notamment,mais pas exclusivement,en matière de ressources humaines,stratégie d'entreprise,coaching individuel ou en entreprise,activités liées à la communication,les relations publiques,à l'informatique,aux domaines de la finance,au management,à l'organisation d'évènements,en conseil en marketing,en gestion d'entreprise,le conseil et l'assistance en matière d'organisation d'entreprise,de contrôle et audit de gestion,de gestion de projets,de gestion du changement,de la formation,du marketing et de la communication,de l’information,de l'ingénierie,d'économie d'entreprises et des cryptodevises,ainsi que les services analogues
La production et la commercialisation de toutes prestations de services en matière de communication,de gestion ainsi que tous biens et/ou services associés,conseils,assistance,en ces matières
Donner des avis et du support en rapport avec les ressources humaines,l'administration du personnel,l'administration des entreprises,l'organisation des entreprises,la sécurité informatique,ainsi que tout ce qui peut se trouver en rapport direct ou indirect avec les activités ci-avant et ci-après décrites
L'informatique au sens le plus large du terme,tel l’intégration de systèmes d’information,l’installation de systèmes de télécommunication et d’installations informatiques,l’organisation d’événements et la gestion en matières informatiques et de télécommunication,ainsi que la conception,le développement,l'achat,la vente,l'importation,l'exportation,la représentation,la fourniture,la location et le service après-vente de tous logiciels,applications et accessoires,installations et consommables informatiques,ordinateurs,systèmes de communication et de télécommunication,périphériques et services
La création et la commercialisation de programme informatiques,d'application relatives au domaine IT et de tout « software »
Le traitement et l’hébergement de données numériques
La mise au point et l'installation de réseaux de données,toute programmation,analyse de système,installation,service et formation en matière d'ordinateurs
La vente comme l'édition de programmes
La vente comme intermédiaire de matériel pour ordinateurs,pièces,périphériques et équipements
Le développement,la production,la vente et la location de tous appareils électroniques,pièces ou accessoires
La vente de services de télécommunication et d'internet aux particuliers et aux entreprises
La création,l'exploitation,le développement de plateformes transactionnelles pour son compte propre ou pour le compte d'autrui
L’étude d’implantation d’un système informatique,la conception,la réalisation,l’implantation,la maintenance de site internet ou intranet,de serveurs informatiques,ainsi que de tous services attachés
L’achat,la vente,l’échange et l’intermédiation de cryptodevises
La vente ou la location de terminaux de stockage de cryptodevises également appelés portefeuille ou « wallet »
L’exécution d’opérations de paiement en monnaie légale et en cryptodevises,que le consentement à l’opération de paiement soit donné au moyen de tout dispositif de télécommunication,numérique ou informatique ou non
La transmission de fonds
Tous services facilitant le paiement en cryptodevises
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Invoicing without a Peppol listing
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If the customer is not ready yet, you may send the invoice another way, for example as a PDF; if you send it electronically, you need their agreement on a secure channel. The invoice remains valid; it is the customer, not you, who risks a penalty. FPS Finance
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