EQUANS
ActiveSummary
The computed 12-month bankruptcy probability of EQUANS is 3.8% (moderate). The 2024 annual accounts show equity of €306.3m and a net result of -€2.3m. Equity is growing by ~8.8% per year across the filed fiscal years. Its solvency ranks better than 42% of 334 sector peers (fiscal year 2024). The company has been active since 1983 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
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Signals
This company filed its last 6 accounts on average 16 days before the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 40% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, full schema
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- 2023 Equity +155% on 2022. Cause not known from the registers.
- 2021 Net result -70% on 2020. Cause not known from the registers.
- 2020 Net result -83% on 2019. Cause not known from the registers.
Peer companies
Historical observationOf the 147 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 94% are still going.
- Large
- 20 years or older
- solvency 30% or more
- a small loss
A further 1.4% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 3.8% 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 497,058 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% | 1.6% |
| 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 74% 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 147 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 |
|---|---|---|---|---|---|---|
| Operating income70/76A | - | €955.6m | €1.09bn | €1.48bn | €1.47bn | ▼ 0.6% |
| Turnover70 | €792.3m | €906.1m | €1.00bn | €1.40bn | €1.37bn | ▼ 2.1% |
| Own construction capitalised72 | - | €3.1m | €3.4m | €2.9m | €3.2m | ▲ 10.1% |
| Other operating income74 | - | €46.4m | €86.1m | €79.2m | €98.5m | ▲ 24.4% |
| Non-recurring operating income76A | - | - | - | €33,479 | €886,250 | ▲ 2,547% |
| Operating charges60/66A | - | €947.8m | €1.10bn | €1.50bn | €1.47bn | ▼ 1.9% |
| Goods for resale, raw materials and consumables60 | - | €562.2m | €650.1m | €836.1m | €762.7m | ▼ 8.8% |
| Purchases600/8 | - | €563.1m | €650.9m | €836.9m | €761.1m | ▼ 9.1% |
| Change in stocks: decrease (increase)609 | - | -€909,808 | -€866,132 | -€842,004 | €1.6m | ▲ 287% |
| Services and other goods61 | - | €95.5m | €133.3m | €195.4m | €206.7m | ▲ 5.8% |
| Remuneration, social security and pensions62 | - | €265.1m | €287.1m | €430.4m | €463.5m | ▲ 7.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €13.9m | €14.5m | €16.3m | €21.9m | €24.0m | ▲ 9.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | €186,669 | €44,983 | -€49,381 | €2.5m | ▲ 5,174% |
| Provisions for liabilities and charges: additions (uses and reversals)635/8 | - | €1.1m | €7.1m | €7.4m | -€939,225 | ▼ 113% |
| Other operating charges640/8 | - | €5.2m | €3.6m | €3.9m | €5.1m | ▲ 29.5% |
| Non-recurring operating charges66A | - | €4.1m | €2.0m | €5.8m | €8.3m | ▲ 43.3% |
| Operating profit (loss)9901 | €2.2m | €7.8m | -€9.7m | -€21.7m | -€2.2m | ▲ 90.0% |
| Financial income75/76B | - | €2.9m | €3.0m | €143.8m | €13.5m | ▼ 90.6% |
| Recurring financial income75 | €2.0m | €2.9m | €3.0m | €6.0m | €13.3m | ▲ 120% |
| Income from financial fixed assets750 | - | €1.7m | €621,591 | €1.2m | €9.0m | ▲ 630% |
| Income from current assets751 | - | - | €17,437 | €1.2m | €2.6m | ▲ 118% |
| Other financial income752/9 | - | €1.2m | €2.4m | €3.6m | €1.6m | ▼ 54.9% |
| Non-recurring financial income76B | - | - | €7,399 | €137.7m | €180,000 | ▼ 99.9% |
| Financial charges65/66B | - | €2.9m | €6.3m | €15.1m | €5.1m | ▼ 66.4% |
| Recurring financial charges65 | €3.7m | €2.8m | €6.3m | €7.6m | €5.1m | ▼ 33.2% |
| Debt charges650 | €649,802 | €599,305 | €1.4m | €2.4m | €1.6m | ▼ 34.3% |
| Other financial charges652/9 | - | €2.2m | €5.0m | €5.2m | €3.5m | ▼ 32.8% |
| Non-recurring financial charges66B | - | €125,000 | - | €7.5m | - | - |
| Profit (loss) for the period before taxes9903 | €3.4m | €7.8m | -€13.0m | €106.9m | €6.2m | ▼ 94.2% |
| Transfer from deferred taxes780 | - | - | - | €1,826 | €50,125 | ▲ 2,645% |
| Income taxes67/77 | €1.4m | €7.2m | €1.3m | €2.2m | €8.5m | ▲ 294% |
| Taxes670/3 | - | €7.2m | €1.8m | €2.5m | €8.8m | ▲ 251% |
| Tax adjustments and reversals of tax provisions77 | - | - | €480,473 | €348,390 | €286,882 | ▼ 17.7% |
| Profit (loss) for the period9904 | €2.0m | €598,589 | -€14.3m | €104.8m | -€2.3m | ▼ 102% |
| Transfer from tax-exempt reserves789 | - | - | €747,600 | €2.9m | €3.6m | ▲ 25.0% |
| Profit (loss) for the period to be appropriated9905 | €13,002 | €598,589 | -€13.6m | €107.6m | €1.3m | ▼ 98.8% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €585.0m | €612.0m | €705.6m | €997.0m | €961.5m | ▼ 3.6% |
| Formation expenses20 | €10,200 | €9,062 | €7,924 | €6,786 | €5,648 | ▼ 16.8% |
| Fixed assets21/28 | €116.2m | €139.0m | €146.4m | €172.2m | €169.0m | ▼ 1.8% |
| Intangible fixed assets21 | €5.2m | €3.7m | €4.5m | €10.9m | €20.0m | ▲ 84.0% |
| Tangible fixed assets22/27 | €74.7m | €90.8m | €98.7m | €116.8m | €106.2m | ▼ 9.0% |
| Land and buildings22 | - | €36.6m | €45.2m | €67.3m | €65.1m | ▼ 3.4% |
| Plant, machinery and equipment23 | - | €12.5m | €12.8m | €14.5m | €15.0m | ▲ 3.5% |
| Furniture and vehicles24 | - | €25.7m | €29.7m | €22.9m | €17.5m | ▼ 23.8% |
| Leasing and similar rights25 | - | €86,432 | €73,685 | €60,939 | €48,192 | ▼ 20.9% |
| Other tangible fixed assets26 | - | €88,453 | €70,259 | €1.6m | €386,794 | ▼ 76.1% |
| Assets under construction and advance payments27 | - | €15.9m | €10.8m | €10.4m | €8.3m | ▼ 20.2% |
| Financial fixed assets28 | €36.3m | €44.5m | €43.2m | €44.5m | €42.8m | ▼ 3.9% |
| Affiliated companies280/1 | - | €40.3m | €40.4m | €42.1m | €41.0m | ▼ 2.7% |
| Participating interests280 | - | €40.3m | €40.3m | €42.1m | €41.0m | ▼ 2.7% |
| Amounts receivable281 | - | - | €125,000 | - | - | - |
| Companies linked by participating interests282/3 | - | €4.0m | €2.7m | €2.0m | €1.3m | ▼ 32.4% |
| Participating interests282 | - | €1.3m | €1.3m | €1.2m | €660,621 | ▼ 45.5% |
| Amounts receivable283 | - | €2.7m | €1.3m | €776,201 | €683,946 | ▼ 11.9% |
| Other financial fixed assets284/8 | - | €162,529 | €142,709 | €419,744 | €443,608 | ▲ 5.7% |
| Shares284 | - | €4,037 | €4,037 | €49,397 | €51,397 | ▲ 4.0% |
| Amounts receivable and cash guarantees285/8 | - | €158,492 | €138,672 | €370,347 | €392,210 | ▲ 5.9% |
| Current assets29/58 | €468.8m | €473.0m | €559.2m | €824.8m | €792.5m | ▼ 3.9% |
| Stocks and contracts in progress3 | €4.9m | €5.8m | €6.7m | €13.4m | €11.7m | ▼ 12.9% |
| Stocks30/36 | - | €5.8m | €6.7m | €13.4m | €11.7m | ▼ 12.9% |
| Raw materials and consumables30/31 | - | €5.8m | €6.7m | €13.4m | €11.7m | ▼ 12.9% |
| Amounts receivable within one year40/41 | €400.9m | €460.3m | €544.9m | €694.6m | €661.4m | ▼ 4.8% |
| Trade receivables40 | - | €436.8m | €533.3m | €668.6m | €637.4m | ▼ 4.7% |
| Other amounts receivable41 | - | €23.6m | €11.6m | €26.0m | €24.0m | ▼ 7.5% |
| Current investments50/53 | €59.1m | €2.9m | €4.5m | €114.0m | €113.3m | ▼ 0.6% |
| Own shares50 | - | €2.9m | €2.9m | - | - | - |
| Other investments51/53 | - | - | €1.6m | €114.0m | €113.3m | ▼ 0.6% |
| Cash at bank and in hand54/58 | €1.2m | €1.7m | €250,831 | €1.2m | €1.9m | ▲ 51.0% |
| Deferred charges and accrued income490/1 | - | €2.3m | €2.8m | €1.6m | €4.2m | ▲ 159% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €585.0m | €612.0m | €705.6m | €997.0m | €961.5m | ▼ 3.6% |
| Equity10/15 | €136.7m | €137.3m | €123.0m | €313.8m | €306.3m | ▼ 2.4% |
| Contributions10/11 | €108.1m | €108.1m | €108.1m | €127.2m | €127.2m | = |
| Capital10 | - | €108.1m | €108.1m | €126.7m | €126.7m | = |
| Issued capital100 | - | €108.1m | €108.1m | €126.7m | €126.7m | = |
| Outside capital11 | - | - | - | €501,667 | €501,667 | = |
| Share premium1100/10 | - | - | - | €501,667 | €501,667 | = |
| Reserves13 | €16.1m | €16.1m | €16.1m | €36.3m | €36.2m | ▼ 0.4% |
| Non-distributable reserves130/1 | - | €12.5m | €12.5m | €12.8m | €12.8m | = |
| Legal reserve130 | - | €9.6m | €9.6m | €12.7m | €12.7m | = |
| Reserves not available under the articles1311 | - | - | - | €124,496 | €124,496 | = |
| Own shares acquired1312 | - | €2.9m | €2.9m | - | - | - |
| Other1319 | - | €46,135 | €46,135 | €46,082 | €46,082 | = |
| Tax-exempt reserves132 | - | €3.6m | €2.8m | €10.4m | €6.8m | ▼ 34.4% |
| Distributable reserves133 | - | - | €747,600 | €13.0m | €16.5m | ▲ 26.5% |
| Profit (loss) carried forward14 | €12.5m | €13.1m | -€1.2m | €150.3m | €143.0m | ▼ 4.9% |
| Provisions and deferred taxes16 | €22.8m | €25.8m | €34.2m | €45.6m | €44.7m | ▼ 1.9% |
| Provisions for liabilities and charges160/5 | - | €25.8m | €34.2m | €44.6m | €43.8m | ▼ 1.8% |
| Pensions and similar obligations160 | - | €5.0m | €3.7m | €3.4m | €3.3m | ▼ 3.6% |
| Other liabilities and charges164/5 | - | €20.8m | €30.5m | €41.2m | €40.5m | ▼ 1.7% |
| Deferred taxes168 | - | - | - | €977,262 | €927,138 | ▼ 5.1% |
| Amounts payable17/49 | €425.6m | €448.9m | €548.4m | €637.7m | €610.5m | ▼ 4.3% |
| Amounts payable after more than one year17 | €208,894 | €193,955 | €178,151 | €151,190 | €130,945 | ▼ 13.4% |
| Financial debts170/4 | - | €104,286 | €88,482 | €71,765 | €54,081 | ▼ 24.6% |
| Leasing and similar obligations172 | - | €104,286 | €88,482 | €71,765 | €54,081 | ▼ 24.6% |
| Other amounts payable178/9 | - | €89,669 | €89,669 | €79,425 | €76,864 | ▼ 3.2% |
| Amounts payable within one year42/48 | €424.1m | €446.6m | €547.5m | €636.4m | €609.3m | ▼ 4.3% |
| Current portion of amounts payable after more than one year42 | - | €11,283 | €19,618 | €22,870 | €15,916 | ▼ 30.4% |
| Financial debts43 | - | €2.5m | €47.2m | €563 | €27,544 | ▲ 4,792% |
| Other loans439 | - | €2.5m | €47.2m | €563 | €27,544 | ▲ 4,792% |
| Trade debts44 | €179.8m | €188.1m | €242.2m | €260.0m | €201.4m | ▼ 22.6% |
| Suppliers440/4 | - | €188.1m | €242.2m | €260.0m | €201.4m | ▼ 22.6% |
| Advances received on contracts in progress46 | - | €179.3m | €168.0m | €243.3m | €265.5m | ▲ 9.1% |
| Taxes, remuneration and social security45 | - | €72.5m | €86.3m | €115.4m | €133.0m | ▲ 15.3% |
| Taxes450/3 | - | €7.6m | €13.2m | €15.7m | €17.0m | ▲ 8.2% |
| Remuneration and social security454/9 | - | €64.9m | €73.1m | €99.7m | €116.0m | ▲ 16.4% |
| Other amounts payable47/48 | - | €4.2m | €3.7m | €17.6m | €9.4m | ▼ 46.7% |
| Accrued charges and deferred income492/3 | - | €2.1m | €735,297 | €1.2m | €1.1m | ▼ 4.5% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €2.0m | €598,589 | -€14.3m | €104.8m | -€2.3m | ▼ 102% |
| + Depreciation and write-downs630 | €13.9m | €14.5m | €16.3m | €21.9m | €24.0m | ▲ 9.2% |
| Operating cash flow (approximation) | €15.9m | €15.1m | €2.0m | €126.7m | €21.7m | ▼ 82.9% |
| Investment in fixed assets (approximation) | - | -€37.3m | -€23.7m | -€47.7m | -€20.8m | ▲ 56.4% |
| Change in cash | - | €428,500 | -€1.4m | €983,585 | €629,014 | ▼ 36.0% |
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
Show earlier events
About the unread acts
We know of 121 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Directors · office · real estate
26 establishment units
Show 20 more locations
25 parcels
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44813B0194/00Y002 | Flanders | 22.1 ha | 1 · 7,357 m² | 10.0 m · 3 fl. |
| 11382C0010/00G003 | Flanders | 11.3 ha | 1 · 7,387 m² | 37.1 m · 11 fl. |
| 23025I0013/00T003 | Flanders | 6.5 ha | 1 · 1.7 ha | 12.9 m · 4 fl. |
| 11056H0776/00F002 | Flanders | 4.1 ha | 1 · 5,065 m² | - |
| 11001B0016/00N000 | Flanders | 2.5 ha | 1 · 9,746 m² | 14.2 m · 3 fl. |
| 71304E0731/00F003 | Flanders | 2.0 ha | 1 · 2,909 m² | 10.9 m · 2 fl. |
| 25004A0023/00K002 | Wallonia | 1.7 ha | 1 · 3,062 m² | 7.9 m · 2 fl. |
| 42025G1359/00A000 | Flanders | 1.7 ha | 1 · 6,311 m² | 13.1 m · 4 fl. |
| 62332B0145/00V000 | Wallonia | 1.7 ha | 1 · 3,878 m² | 13.1 m · 4 fl. |
| 25743G0175/00G000 | Wallonia | 1.4 ha | 1 · 4,350 m² | 8.6 m · 2 fl. |
| 63083B0052/00X002 | Wallonia | 1.1 ha | - | - |
| 36505A0179/00K000 | Flanders | 7,377 m² | 1 · 1,043 m² | 7.8 m · 2 fl. |
| 51007C0718/00X002 | Wallonia | 7,109 m² | 1 · 1,137 m² | 7.8 m · 2 fl. |
| 71037C2826/00E000 | Flanders | 6,921 m² | 1 · 1,019 m² | 16.8 m · 4 fl. |
| 62113B0466/00L000 | Wallonia | 6,070 m² | 1 · 1,114 m² | 7.0 m · 2 fl. |
| 21821A0170/00T000 | Brussels | 5,481 m² | 1 · 2,211 m² | 10.3 m · 2 fl. |
| 34029B0443/00D000 | Flanders | 5,029 m² | 1 · 1,925 m² | 9.6 m · 3 fl. |
| 71322A0235/00K000 | Flanders | 4,948 m² | 1 · 1,626 m² | 7.6 m · 2 fl. |
| 11052C0187/00Z002 | Flanders | 4,735 m² | 1 · 1,718 m² | 12.1 m · 2 fl. |
| 22001A0006/00B002 | Flanders | 3,980 m² | 1 · 1,751 m² | 9.5 m · 3 fl. |
| 72015C0744/00E000 | Flanders | 3,882 m² | 1 · 1,364 m² | 7.5 m · 1 fl. |
| 25004A0023/00H010 | Wallonia | 3,819 m² | 1 · 682 m² | 15.0 m · 4 fl. |
| 11807G1681/00D000 | Flanders | 2,948 m² | 1 · 2,080 m² | 24.1 m · 3 fl. |
| 21014A0003/00M022 | Brussels | 2,542 m² | 1 · 1,816 m² | 53.4 m · 14 fl. |
| 52332B0521/00E016indicative | Wallonia | 1,000 m² | 1 · 198 m² | 7.7 m · 2 fl. |
Linked by address, not proof of ownership
Structure & network
Owners and holdings
2 owners · 19 holdings · 17 subsidiaries in the treeChain of control
- Equans Holding Belux
- EQUANS
Highest known parent: Equans Holding Belux. The sources do not say who stands above it.
Owners 2
-
100%
- BOUYGUESFRparentSourceLEI registerconsolidated
Holdings 19
-
100%
- EUROPEAN CONTROL SERVICESsubsidiaryEquity €505,373Result €320,114100%
-
100%
- FABRICOM OFFSHOREsubsidiaryEquity €2.3mResult €493,224100%
-
100%
- Prime TechnicssubsidiaryEquity €3.7mResult €20,745100%
- Sourceown accounts 2024Equity €1.1mResult €381,988100%
-
100%
- Equity €16.6mResult €346,009100%
-
100%
Show 9 more holdings
-
100%
-
75%
-
71%
- FABRICOM DIGITALsubsidiarySourceLEI registerconsolidated
-
50%
- Equity €998,814Result €174,30550%
- Equity €2.0mResult -€49,51230%
-
19.9%
-
12.57%
Stated earlier (4)
An older source named these holdings; newer accounts no longer list them.
-
100%
-
100%
-
100%
-
86.98%
All subsidiaries, including indirect ones 17
Companies in which this company or one of its subsidiaries holds more than half, or which it consolidates according to the LEI register.
ASTARCO 100%1 subsidiary
- VANDEWALLE 100%
- EUROPEAN CONTROL SERVICES 100%
- FABRICOM HOOGSPANNINGNL 100%
FABRICOM OFFSHORE 100%1 subsidiary
- ASG INVEST 75%
- LEDEA LIGHT 100%
- Prime Technics 100%
- ROBINETTERIE INDUSTRIELLE STEPHANOISE TERM 100%
- Société Kouroucienne de FroidGF 100%
- TECHNICAL EQUIPMENT MAINTENANCE-TECHNILIFT 100%
- THERMOCO 100%
Transnubel 100%1 subsidiary
- TECNUBEL GMBHDE 100%
- Circul 2020 75%
- PortEyes 71%
- FABRICOM DIGITAL consolidated
According to the 2024 annual accounts of EQUANS and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 16 entries · 662,588 EUR awarded · 629,635 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 4 | 122,169 EUR | 122,169 EUR |
| 2024 | 5 | 183,077 EUR | 181,179 EUR |
| 2023 | 3 | 192,832 EUR | 192,832 EUR |
| 2022 | 4 | 164,510 EUR | 133,455 EUR |
European Union, budget
2023 · 2 entries · 4,400 EUR in total| Year | Entries | awarded |
|---|---|---|
| 2023 | 2 | 4,400 EUR |
European research
1 project · 743,505 EUR EU contributionRecognitions · licences · registrations
Recognised contractor
46 categoriesDual-learning approval
31 live approvals · 23 endedShow 25 more
Show 23 ended approvals
Legal Entity Identifier
Similar companies · same sector, comparable size
Identification & contact
Register as of 26 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.