Equerre 2
ActiveSummary
Equerre 2 has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €77k and a net result of €26k. Equity is growing by ~43.8% per year across the filed fiscal years. Its solvency ranks better than 39% of 14128 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability76▲+1
Solvency42▲+4
Growth52=
Track record94
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days acceptable
Liquidity tight (current ratio 1.1 against 1.01 in 2024; short-term debt: 71.2% and cash: 77.3% of total assets), and 82.8% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Real estate activities (NACE 68)
about 43% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
17.2%
Return on assets
5.8%
Age of the figures
9 mo
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 09-07-2026, 22 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
22 d early
2024
13 d early
2023
2 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€77k▲ 50.5%
2024 · €51k
2023: €32klowest in 3 years
2024: €51k▲ +58.9% vs 2023
2025: €77k▲ +50.5% vs 2024highest in 3 years
2023 → 2025
Total assets
€450k▲ 10.3%
2024 · €408k
2023: €205klowest in 3 years
2024: €408k▲ +99.1% vs 2023
2025: €450k▲ +10.3% vs 2024highest in 3 years
2023 → 2025
Net result
€26k▲ 36.3%
2024 · €19k
2023: €30khighest in 3 years
2024: €19k▼ -36.1% vs 2023lowest in 3 years
2025: €26k▲ +36.3% vs 2024
2023 → 2025
Working capital
€32k▲ 1,077%
2024 · €3k
2023: €-10klowest in 3 years
2024: €3k▲ +127% vs 2023
2025: €32k▲ +1077% vs 2024highest in 3 years
2023 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202320242025Trend
Equity€32k-€51k▲ 58.9%€77k▲ 50.5%
2023: €32klowest in 3 years
2024: €51k▲ +58.9% vs 2023
2025: €77k▲ +50.5% vs 2024highest in 3 years
Operating result€41k-€27k▼ 33.9%€36k▲ 32.7%
2023: €41khighest in 3 years
2024: €27k▼ -33.9% vs 2023lowest in 3 years
2025: €36k▲ +32.7% vs 2024
Net result€30k-€19k▼ 36.1%€26k▲ 36.3%
2023: €30khighest in 3 years
2024: €19k▼ -36.1% vs 2023lowest in 3 years
2025: €26k▲ +36.3% vs 2024
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 33% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €450k
Fixed assets
€98k ▼ 25.4%
Current assets
€352k ▲ 27.2%
Equity and liabilities €450k
Equity
€77k ▲ 50.5%
Debt
€373k ▲ 4.5%
Debt's share of the balance-sheet total falls from 87.4% to 82.8%. Equity and debt are higher.
Key figures and ratios
EBITDA
€73k▲
2024 · €62k
Cash flow
€64k▲
2024 · €54k
Current ratio
1.10▲
2024 · 1.01
Debt to equity
4.82▼
2024 · 6.95
ROE
33.6%▼
2024 · 37.1%
ROA
5.8%▲
2024 · 4.7%
Interest coverage
2521.07▲
2024 · 441.21
Debt ≤ 1 year
€320k▲
2024 · €274k
Debt > 1 year
€53k▼
2024 · €83k
Income taxes
€10k▲
2024 · €8k
Staff costs
€90k▲
2024 · €77k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 39 lines
Balance sheet
Code20242025
Assets
Total assets20/58€408k€450k▲
Fixed assets21/28€131k€98k▼
Tangible fixed assets22/27€131k€98k▼
Furniture and vehicles24€131k€98k▼
Current assets29/58€277k€352k▲
Amounts receivable within one year40/41€13k€4k▼
Trade receivables40€13k€4k▼
Other amounts receivable41€308-
Cash at bank and in hand54/58€264k€348k▲
Equity and liabilities
Total equity and liabilities10/49€408k€450k▲
Equity10/15€51k€77k▲
Contributions10/11€3k€3k=
Profit (loss) carried forward14€49k€75k▲
Amounts payable17/49€357k€373k▲
Amounts payable after more than one year17€83k€53k▼
Financial debts170/4€83k€53k▼
Amounts payable within one year42/48€274k€320k▲
Current portion of amounts payable after more than one year42€30k€30k=
Trade debts44€23k€17k▼
Suppliers440/4€23k€17k▼
Taxes, remuneration and social security45€22k€31k▲
Taxes450/3€17k€27k▲
Remuneration and social security454/9€5k€4k▼
Other amounts payable47/48€200k€242k▲
Income statement
Code20242025
Remuneration, social security and pensions62€77k€90k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€35k€38k▲
Other operating charges640/8€3k€3k▲
Gross operating margin9900€142k€166k▲
Operating profit (loss)9901€27k€36k▲
Financial income75/76B€64€68▲
Recurring financial income75€64€68▲
Financial charges65/66B€141€29▼
Recurring financial charges65€141€29▼
Profit (loss) for the period before taxes9903€27k€36k▲
Income taxes67/77€8k€10k▲
Profit (loss) for the period9904€19k€26k▲
Profit (loss) for the period to be appropriated9905€19k€26k▲
Appropriation of the result
Profit (loss) to be appropriated9906€49k€75k▲
Profit (loss) brought forward from the previous period14P€30k€49k▲
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Remuneration, social security and pensions62 | €40k | €77k | €90k | ▲ 16.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €13k | €35k | €38k | ▲ 7.1% |
| Other operating charges640/8 | €8k | €3k | €3k | ▲ 5.9% |
| Gross operating margin9900 | €101k | €142k | €166k | ▲ 17.2% |
| Operating profit (loss)9901 | €41k | €27k | €36k | ▲ 32.7% |
| Financial income75/76B | - | €64 | €68 | ▲ 5.6% |
| Recurring financial income75 | - | €64 | €68 | ▲ 5.6% |
| Financial charges65/66B | €41 | €141 | €29 | ▼ 79.3% |
| Recurring financial charges65 | €41 | €141 | €29 | ▼ 79.3% |
| Profit (loss) for the period before taxes9903 | €41k | €27k | €36k | ▲ 33.2% |
| Income taxes67/77 | €11k | €8k | €10k | ▲ 25.5% |
| Profit (loss) for the period9904 | €30k | €19k | €26k | ▲ 36.3% |
| Profit (loss) for the period to be appropriated9905 | €30k | €19k | €26k | ▲ 36.3% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €205k | €408k | €450k | ▲ 10.3% |
| Fixed assets21/28 | €155k | €131k | €98k | ▼ 25.4% |
| Tangible fixed assets22/27 | €155k | €131k | €98k | ▼ 25.4% |
| Furniture and vehicles24 | €155k | €131k | €98k | ▼ 25.4% |
| Current assets29/58 | €50k | €277k | €352k | ▲ 27.2% |
| Amounts receivable within one year40/41 | €14k | €13k | €4k | ▼ 67.4% |
| Trade receivables40 | €10k | €13k | €4k | ▼ 66.7% |
| Other amounts receivable41 | €4k | €308 | - | - |
| Cash at bank and in hand54/58 | €36k | €264k | €348k | ▲ 31.8% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €205k | €408k | €450k | ▲ 10.3% |
| Equity10/15 | €32k | €51k | €77k | ▲ 50.5% |
| Contributions10/11 | €3k | €3k | €3k | = |
| Profit (loss) carried forward14 | €30k | €49k | €75k | ▲ 53.1% |
| Amounts payable17/49 | €173k | €357k | €373k | ▲ 4.5% |
| Amounts payable after more than one year17 | €113k | €83k | €53k | ▼ 36.4% |
| Financial debts170/4 | €113k | €83k | €53k | ▼ 36.4% |
| Amounts payable within one year42/48 | €60k | €274k | €320k | ▲ 16.8% |
| Current portion of amounts payable after more than one year42 | €30k | €30k | €30k | = |
| Trade debts44 | €10k | €23k | €17k | ▼ 23.3% |
| Suppliers440/4 | €10k | €23k | €17k | ▼ 23.3% |
| Taxes, remuneration and social security45 | €3k | €22k | €31k | ▲ 41.0% |
| Taxes450/3 | - | €17k | €27k | ▲ 61.8% |
| Remuneration and social security454/9 | €3k | €5k | €4k | ▼ 27.6% |
| Other amounts payable47/48 | €18k | €200k | €242k | ▲ 21.2% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €30k | €19k | €26k | ▲ 36.3% |
| + Depreciation and write-downs630 | €13k | €35k | €38k | ▲ 7.1% |
| Operating cash flow (approximation) | €43k | €54k | €64k | ▲ 17.3% |
| Investment in fixed assets (approximation) | - | €-12k | €-5k | ▲ 59.7% |
| Change in cash | - | €228k | €84k | ▼ 63.1% |
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
Next filing, fiscal year 2026, expected by
2026
09-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
18-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €19k ▼36.1%
Net result drops to €19k, the lowest in the series; recovery starts the following year.
29-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
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.
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Directors · office · real estate
Directors
1 act for this company is in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Ottignies-Louvain-la-Neuve · 1 establishment unit since 2023
Ground area
186 m²
Building footprint
249 m²
Volume, LiDAR
3,063 m³
Parcel 25386B0077/00P000, Wallonia · tallest building 17.4 m, ±4 floors. Linked by address, not a title deed.
6
companies at this address
See who is registered here
1 establishment unit
Equerre 2
since 20232.341.017.893
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25386B0077/00P000 | Wallonia | 186 m² | 1 · 249 m² | 17.4 m · 4 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 11,748 companies in sector 68310 we hold annual accounts for 6,905. 5,113 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded20-01-2023
Fiscal year end31-12
Activities, NACEBEL 2025
68310Real estate agency activities
68121Development of residential building projects
68122Development of non-residential building projects
68110Buying and selling of own real estate
68201Renting and operating of own or leased residential real estate, excluding social housing
68321Property management for co-owned buildings (syndics)
Contact
Website
www.agence-equerre.beOttignies-Louvain-la-Neuve
E-mail
antoine.sterkendries@agence-equerre.beOttignies-Louvain-la-Neuve
Phone
0471315860Ottignies-Louvain-la-Neuve
Scores and ratios are computed by Checked and are not a credit decision.