EQUIBAT
ActiveSummary
EQUIBAT has been active since 1988 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €7,007 and a net result of €18,084. Equity is growing by ~20.2% per year across the filed fiscal years. Its solvency ranks better than 27% of 11389 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
Axes · tick = 2023
Profitability100▲+29
Solvency37▲+34
Growth78=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Wholesale trade (NACE 46)
about 21% more 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
11.8%
Return on assets
30.5%
Age of the figures
12 mo
neutral · Filed after the deadline
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 30-05-2026, 30 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
30 d late
2023
61 d late
2022
31 d late
2021
31 d late
2020
31 d late
2019
90 d late
2018
30 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
History
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Financials · fiscal year 2025, micro schema
Equity
€7,007
2023 · -€10,039
Total assets
€59,322▲ 31.0%
2023 · €45,295
Net result
€18,084▲ 2,247%
2023 · €771
Working capital
-€13,464▲ 66.5%
2023 · -€40,221
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232025
Operating result€1,138€4,191▲ 268%€8,402▲ 100%€1,191▼ 85.8%€19,325-
Net result€84€3,376▲ 3,927%€7,837▲ 132%€771▼ 90.2%€18,084-
Equity-€22,023▲ 0.4%-€18,647▲ 15.3%-€10,810▲ 42.0%-€10,039▲ 7.1%€7,007-
Total assets€12,671▼ 16.3%€10,797▼ 14.8%€11,147▲ 3.2%€45,295▲ 306%€59,322-
Debt€34,694▼ 6.9%€29,444▼ 15.1%€21,957▼ 25.4%€55,335▲ 152%€52,315-
Working capital-€22,248▲ 0.4%-€18,872▲ 15.2%-€11,035▲ 41.5%-€40,221▼ 264%-€13,464-
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result is €19,325 in 2025, compared with €1,191 in 2023. Comparable figures for the intervening years are unavailable.
Balance-sheet composition
2025 in colour, 2023 as the grey bar beneath
Assets €59,322
Fixed assets
€20,471 ▼ 32.2%
Current assets
€38,851 ▲ 157%
Equity and liabilities €59,322
Equity
€7,007
Debt
€52,315
Debt finances 88.2% of the balance-sheet total.
Key figures and ratios
EBITDA
€27,376▲
2023 · €5,471
Cash flow
€26,136▲
2023 · €5,050
Current ratio
0.74▲
2023 · 0.27
Debt to equity
7.47▲
2023 · -5.51
ROE
258.1%
ROA
30.5%▲
2023 · 1.7%
Interest coverage
107.58▲
2023 · 12.98
Debt ≤ 1 year
€52,315▼
2023 · €55,335
Income taxes
€1,277
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | - | - | €4,279 | €8,051 | - |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | €2,032 | - | €2,032 | - |
| Other operating charges640/8 | - | €437 | €430 | €384 | €331 | - |
| Gross operating margin9900 | €1,486 | €4,628 | €10,864 | €5,855 | €29,739 | - |
| Operating profit (loss)9901 | €1,138 | €4,191 | €8,402 | €1,191 | €19,325 | - |
| Financial income75/76B | - | - | - | €1 | €291 | - |
| Recurring financial income75 | - | - | - | €1 | €291 | - |
| Financial charges65/66B | - | €816 | €564 | €421 | €254 | - |
| Recurring financial charges65 | €1,054 | €816 | €564 | €421 | €254 | - |
| Profit (loss) for the period before taxes9903 | €84 | €3,376 | €7,837 | €771 | €19,361 | - |
| Income taxes67/77 | - | - | - | - | €1,277 | - |
| Profit (loss) for the period9904 | €84 | €3,376 | €7,837 | €771 | €18,084 | - |
| Profit (loss) for the period to be appropriated9905 | €84 | €3,376 | €7,837 | €771 | €18,084 | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €12,671 | €10,797 | €11,147 | €45,295 | €59,322 | - |
| Fixed assets21/28 | €225 | €225 | €225 | €30,181 | €20,471 | - |
| Tangible fixed assets22/27 | - | - | - | €29,956 | €20,246 | - |
| Furniture and vehicles24 | - | - | - | €29,956 | €20,246 | - |
| Financial fixed assets28 | €225 | €225 | €225 | €225 | €225 | - |
| Current assets29/58 | €12,446 | €10,572 | €10,922 | €15,114 | €38,851 | - |
| Stocks and contracts in progress3 | €6,096 | €6,096 | €4,064 | €4,064 | - | - |
| Stocks30/36 | - | €6,096 | €4,064 | €4,064 | - | - |
| Amounts receivable within one year40/41 | €6,349 | €4,475 | €5,914 | €10,929 | €36,516 | - |
| Trade receivables40 | - | €1,914 | €2,187 | €3,758 | €15,939 | - |
| Other amounts receivable41 | - | €2,562 | €3,727 | €7,171 | €20,577 | - |
| Cash at bank and in hand54/58 | - | - | €943 | €121 | €2,335 | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €12,671 | €10,797 | €11,147 | €45,295 | €59,322 | - |
| Equity10/15 | -€22,023 | -€18,647 | -€10,810 | -€10,039 | €7,007 | - |
| Contributions10/11 | €18,592 | €18,592 | €18,592 | €18,592 | €18,592 | - |
| Capital10 | - | €18,592 | €18,592 | €18,592 | €18,592 | - |
| Issued capital100 | - | €18,592 | €18,592 | €18,592 | €18,592 | - |
| Reserves13 | €248 | €248 | €248 | €248 | €248 | - |
| Distributable reserves133 | - | €248 | €248 | €248 | €248 | - |
| Profit (loss) carried forward14 | -€40,863 | -€37,487 | -€29,650 | -€28,879 | -€11,833 | - |
| Amounts payable17/49 | €34,694 | €29,444 | €21,957 | €55,335 | €52,315 | - |
| Amounts payable within one year42/48 | €34,694 | €29,444 | €21,957 | €55,335 | €52,315 | - |
| Financial debts43 | - | €3,502 | - | - | - | - |
| Credit institutions430/8 | - | €3,502 | - | - | - | - |
| Trade debts44 | - | €235 | €26 | - | - | - |
| Suppliers440/4 | - | €235 | €26 | - | - | - |
| Advances received on contracts in progress46 | - | - | - | €37,000 | €50,070 | - |
| Taxes, remuneration and social security45 | - | €141 | €138 | €2 | €2,245 | - |
| Taxes450/3 | - | €141 | €138 | €2 | €2,245 | - |
| Other amounts payable47/48 | - | €25,567 | €21,794 | €18,333 | - | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €84 | €3,376 | €7,837 | €771 | €18,084 | - |
| + Depreciation and write-downs630 | - | - | - | €4,279 | €8,051 | - |
| Operating cash flow (approximation) | €84 | €3,376 | €7,837 | €5,050 | €26,136 | - |
| Investment in fixed assets (approximation) | - | €0 | €0 | -€34,236 | - | - |
| Change in cash | - | - | - | -€823 | - | - |
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
2026
30-05
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 30 days late
2025
30-09
Financial
Highest result since 2018net €18,084 ▲2,247%
Operating result €19,325, net result €18,084, both a record.
2024
30-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 61 days late
2023
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
31-12
Financial
Back to profitnet €84
Net result €84 after 2 loss-making years.
29-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 90 days late
2019
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
2017
30-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 30 days late
2016
29-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 29 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
2 acts for this company are 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, Ittre · 1 establishment unit since 1988
Ground area
5,262 m²
Building footprint
82 m²
Volume, LiDAR
690 m³
Parcel 25039A0179/00N000, Wallonia · tallest building 10.9 m, ±3 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
Rue de la Longue Semaine 16a, 1461 Ittre
since 19882.038.028.990
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25039A0179/00N000 | Wallonia | 5,262 m² | 1 · 82 m² | 10.9 m · 3 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.
Similar companies · same sector, comparable size
BEN ECO
BE 0791.594.531
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CITY-SKY
BE 1014.182.708
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Polysun
BE 0653.979.542
Temse · Eq €7,133
Arkom
BE 0715.804.768
Wevelgem · Eq €6,820
L.R.C.
BE 0445.724.502
Zonhoven · Eq €7,277
Of 1,805 companies in sector 46831 we hold annual accounts for 1,397. 254 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
Founded12-04-1988
Fiscal year end30-09
Activities, NACEBEL 2025
46831Wholesale of construction materials, general range
Scores and ratios are computed by Checked and are not a credit decision.