EQUIFAGNE
ActiveSummary
EQUIFAGNE has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €61,771 and a net result of €17,660. Equity is growing by ~8.3% per year across the filed fiscal years. Its solvency ranks better than 26% of 485 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability77▲+23
Solvency48▲+8
Growth78▲+26
Track record94
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4,000 at 30 days acceptable
Liquidity short (current ratio 0.85 against 0.81 in 2024; short-term debt: 37.2% and cash: 7.2% of total assets), and 76.8% of the assets are financed with debt.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 01
Relative position
BE, all sectors
reference
Crop and animal production, hunting and related service activities (NACE 01)
about 70% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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 · 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
23.2%
Return on assets
6.6%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 22-08-2026, 22 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 · 4 filingsDeviation from the deadline
2025
22 d late
2024
24 d late
2023
28 d late
2022
23 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 4 accounts on average 24 days after the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 37% of the sector filed late.
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. Usually files around 24 August (4 of the last 4 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
30-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€17,660▲ 1,062%
2024 · €1,519
Working capital
-€15,374▲ 27.1%
2024 · -€21,083
Trend over the years
In euros
In per cent
Ratio
In full-time equivalents (FTE)
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
In full-time equivalents (FTE)
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 01, Crop and animal production, hunting and related service activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line2022202320242025
Operating result€33,426-€854▼ 97.4%€9,642▲ 1,029%€25,907▲ 169%
Net result€2,528within the sector's middle half-€64below the sector's middle half▼ 97.5%€1,519below the sector's middle half▲ 2,286%€17,660within the sector's middle half▲ 1,062%
Equity€42,528below the sector's middle half-€42,592below the sector's middle half▲ 0.1%€44,111below the sector's middle half▲ 3.6%€61,771below the sector's middle half▲ 40.0%
Total assets€128,565below the sector's middle half-€258,082below the sector's middle half▲ 101%€298,188below the sector's middle half▲ 15.5%€266,816below the sector's middle half▼ 10.5%
Debt€86,037-€215,490▲ 150%€254,077▲ 17.9%€205,044▼ 19.3%
Working capital€32,584within the sector's middle half-€7,693within the sector's middle half▼ 76.4%-€21,083within the sector's middle half-€15,374within the sector's middle half▲ 27.1%
Solvency33.1%within the sector's middle half-16.5%within the sector's middle half▼ 16.6pp14.8%below the sector's middle half▼ 1.7pp23.2%within the sector's middle half▲ 8.4pp
Current ratio1.39within the sector's middle half-1.07within the sector's middle half▼ 0.320.81below the sector's middle half▼ 0.260.85below the sector's middle half▲ 0.03
Return on assets (ROA)2.0%within the sector's middle half-0.0%below the sector's middle half▼ 1.9pp0.5%within the sector's middle half▲ 0.5pp6.6%within the sector's middle half▲ 6.1pp
Staff (FTE)1.8within the sector's middle half-1.8within the sector's middle half=1.4within the sector's middle half▼ 22.2%1.5within the sector's middle half▲ 7.1%
above
within
below
the middle half (P25 to P75) of NACE 01, Crop and animal production, hunting and related service activities, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 169% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €266,816
Fixed assets
€182,893 ▼ 11.5%
Current assets
€83,923 ▼ 8.3%
Equity and liabilities €266,816
Equity
€61,771 ▲ 40.0%
Debt
€205,044 ▼ 19.3%
Debt's share of the balance-sheet total falls from 85.2% to 76.8%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€57,378▲
2024 · €35,709
Cash flow
€49,131▲
2024 · €27,586
Quick ratio
0.80▼
2024 · 0.81
Debt to equity
3.32▼
2024 · 5.76
ROE
28.6%▲
2024 · 3.4%
Interest coverage
6.93▲
2024 · 4.21
Debt ≤ 1 year
€99,297▼
2024 · €112,613
Debt > 1 year
€105,748▼
2024 · €141,463
Staff costs
€19,537▼
2024 · €65,991
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 6,713 companies that looked in July 2024 the way this one looks now, 1.8% went bankrupt within 24 months and 96% are still going.
- Micro
- 5 to 10 years old
- solvency 10 to 30%
- a profit of 5% of the balance sheet or more
1.8%
went bankrupt
2.2%
stopped otherwise
96%
still going
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.4% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 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% |
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 6,713 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.
Annual accounts
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Non-recurring operating income76A | €29,163 | - | - | - | - |
| Remuneration, social security and pensions62 | €103,889 | €64,938 | €65,991 | €19,537 | ▼ 70.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €8,178 | €8,689 | €26,067 | €31,471 | ▲ 20.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | €17,863 | - | - | - |
| Other operating charges640/8 | €5,389 | €5,407 | €6,743 | €4,346 | ▼ 35.5% |
| Gross operating margin9900 | €150,882 | €97,751 | €108,443 | €81,262 | ▼ 25.1% |
| Operating profit (loss)9901 | €33,426 | €854 | €9,642 | €25,907 | ▲ 169% |
| Financial income75/76B | €82 | €87 | €366 | €30 | ▼ 91.7% |
| Recurring financial income75 | €82 | €87 | €366 | €30 | ▼ 91.7% |
| Financial charges65/66B | €30,262 | €1,053 | €8,488 | €8,277 | ▼ 2.5% |
| Recurring financial charges65 | €1,099 | €1,053 | €8,488 | €8,277 | ▼ 2.5% |
| Non-recurring financial charges66B | €29,163 | - | - | - | - |
| Profit (loss) for the period before taxes9903 | €3,245 | -€112 | €1,519 | €17,660 | ▲ 1,062% |
| Income taxes67/77 | €717 | -€175 | - | - | - |
| Profit (loss) for the period9904 | €2,528 | €64 | €1,519 | €17,660 | ▲ 1,062% |
| Profit (loss) for the period to be appropriated9905 | €2,528 | €64 | €1,519 | €17,660 | ▲ 1,062% |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €128,565 | €258,082 | €298,188 | €266,816 | ▼ 10.5% |
| Fixed assets21/28 | €12,806 | €140,412 | €206,657 | €182,893 | ▼ 11.5% |
| Tangible fixed assets22/27 | €12,806 | €140,412 | €206,657 | €182,893 | ▼ 11.5% |
| Land and buildings22 | €1,050 | €1,050 | €1,050 | €7,670 | ▲ 631% |
| Plant, machinery and equipment23 | €11,756 | €139,362 | €156,432 | €136,909 | ▼ 12.5% |
| Furniture and vehicles24 | - | - | €5,988 | €4,727 | ▼ 21.1% |
| Leasing and similar rights25 | - | - | €43,187 | €33,587 | ▼ 22.2% |
| Current assets29/58 | €115,759 | €117,670 | €91,530 | €83,923 | ▼ 8.3% |
| Amounts receivable after more than one year29 | €5,600 | €5,600 | €5,600 | €5,600 | = |
| Other amounts receivable291 | €5,600 | €5,600 | €5,600 | €5,600 | = |
| Stocks and contracts in progress3 | - | - | - | €4,114 | - |
| Stocks30/36 | - | - | - | €4,114 | - |
| Amounts receivable within one year40/41 | €103,304 | €98,986 | €78,109 | €55,008 | ▼ 29.6% |
| Trade receivables40 | €82,540 | €87,062 | €78,109 | €55,008 | ▼ 29.6% |
| Other amounts receivable41 | €20,763 | €11,925 | - | - | - |
| Cash at bank and in hand54/58 | €5,487 | €7,891 | €4,324 | €19,201 | ▲ 344% |
| Deferred charges and accrued income490/1 | €1,369 | €5,193 | €3,497 | - | - |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €128,565 | €258,082 | €298,188 | €266,816 | ▼ 10.5% |
| Equity10/15 | €42,528 | €42,592 | €44,111 | €61,771 | ▲ 40.0% |
| Contributions10/11 | €40,000 | €40,000 | €40,000 | €40,000 | = |
| Capital10 | - | €40,000 | €40,000 | €40,000 | = |
| Issued capital100 | - | €40,000 | €40,000 | €40,000 | = |
| Profit (loss) carried forward14 | €2,528 | €2,592 | €4,111 | €21,771 | ▲ 430% |
| Amounts payable17/49 | €86,037 | €215,490 | €254,077 | €205,044 | ▼ 19.3% |
| Amounts payable after more than one year17 | €2,862 | €105,195 | €141,463 | €105,748 | ▼ 25.2% |
| Financial debts170/4 | €2,862 | €105,195 | €141,463 | €105,748 | ▼ 25.2% |
| Amounts payable within one year42/48 | €83,175 | €109,977 | €112,613 | €99,297 | ▼ 11.8% |
| Current portion of amounts payable after more than one year42 | €9,155 | €13,379 | €33,814 | €35,716 | ▲ 5.6% |
| Trade debts44 | €45,145 | €56,321 | €34,062 | €45,977 | ▲ 35.0% |
| Suppliers440/4 | €45,145 | €56,321 | €34,062 | €45,977 | ▲ 35.0% |
| Taxes, remuneration and social security45 | €15,853 | €9,865 | €17,488 | €13,413 | ▼ 23.3% |
| Taxes450/3 | €6,169 | €542 | €4,043 | €13,413 | ▲ 232% |
| Remuneration and social security454/9 | €9,684 | €9,323 | €13,445 | - | - |
| Other amounts payable47/48 | €13,022 | €30,412 | €27,250 | €4,190 | ▼ 84.6% |
| Accrued charges and deferred income492/3 | - | €318 | - | - | - |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €2,528 | €64 | €1,519 | €17,660 | ▲ 1,062% |
| + Depreciation and write-downs630 | €8,178 | €8,689 | €26,067 | €31,471 | ▲ 20.7% |
| Operating cash flow (approximation) | €10,706 | €8,752 | €27,586 | €49,131 | ▲ 78.1% |
| Investment in fixed assets (approximation) | - | -€136,295 | -€92,312 | -€7,707 | ▲ 91.7% |
| Change in cash | - | €2,405 | -€3,567 | €14,876 | ▲ 517% |
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
22-08
NBB filing
Annual accounts filed
fiscal year 2025 · full schema · 22 days late
21-05
State Gazette act
Resignation: isabelle Auvray (managing director)Appointments: MANAGEMENT LHOEST DAMIEN SRL (managing director) and OPENMIND SRL (director) · Permanent representatives: Damien Lhoest and Philippe Keyeux7 facts ▸
State Gazette act
Resignation: isabelle Auvray (managing director)
Appointments: MANAGEMENT LHOEST DAMIEN SRL (managing director) and OPENMIND SRL (director) · Permanent representatives: Damien Lhoest and Philippe Keyeux7 facts ▸
- General meeting, 19-03-2026
- Other statement, convocation et admission à l'assemblée générale, membres présents
- Director resignation, isabelle Auvray (managing director)
- Director appointment, MANAGEMENT LHOEST DAMIEN SRL (managing director)
- Permanent representative, Damien Lhoest (representative)
- Director appointment, OPENMIND SRL (director)
- Permanent representative, Philippe Keyeux (representative)
2025
31-12
Financial
Highest result since 2022net €17,660 ▲1,062%
Net result €17,660, the highest in the series.
24-08
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 24 days late
2024
28-08
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 28 days late
2023
31-12
Financial
Weakest financial yearnet €64 ▼97.5%
Net result drops to €64, the lowest in the series; recovery starts the following year.
23-08
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 23 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 3 acts read
About the unread acts
Of the 3 Belgian State Gazette acts we know for this company, 1 has been read. The other 2 have not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 director, 1 in day-to-day management, last change in 2026
Board 1
OPENMIND SRL
CurrentDirector · since 21-05-2026 · Legal entity · perm. rep.: Philippe Keyeux
Day-to-day management 1
MANAGEMENT LHOEST DAMIEN SRL
CurrentManaging director · since 21-05-2026 · Legal entity · perm. rep.: Damien Lhoest
Permanent representatives 2
Damien Lhoest
CurrentPermanent representative · since 21-05-2026 · for MANAGEMENT LHOEST DAMIEN SRL
Philippe Keyeux
CurrentPermanent representative · since 21-05-2026 · for OPENMIND SRL
Derived from published Gazette acts. The CBE keeps the official list of function holders; we do not read it, so the two can differ.
See the function holders in the CBE →
Not every act has been read: a resignation may be missing here
2 of this company's 3 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.
Location & real-estate footprint
Registered office, Theux · 1 establishment unit since 2021
Ground area
7,108 m²
Building footprint
193 m²
Volume, LiDAR
1,856 m³
Parcel 63076D1601/00P003, Wallonia · tallest building 11.1 m, ±3 floors. Linked by address, not a title deed.
5
companies at this address
See who is registered here
1 establishment unit
EQUIFAGNE
since 20212.314.483.346
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 63076D1601/00P003 | Wallonia | 7,108 m² | 1 · 193 m² | 11.1 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.
Mandate history
3 people since 2026, 2 in office
- Board
- Day-to-day management
- began earlier
| Name | Functions and periods |
|---|---|
| OPENMIND SRL |
|
| MANAGEMENT LHOEST DAMIEN SRL |
|
| isabelle Auvray |
|
Structure & network
Connections & network
2 current directorsThe network starts from this company’s directors. Other companies they run appear here as nodes.
This company
Company
Director
Shareholding
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Recognitions · licences · registrations
Food safety, FASFC
1 siteTheux2.314.483.346
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Of 1,586 companies in sector 01620 we hold annual accounts for 220. 166 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
Founded18-02-2021
Fiscal year end31-12
Activities, NACEBEL 2025
01620Support activities for animal production
96993Pet care services, excluding veterinary services
96994Pet training
96995Pet boarding
Contact
E-mail
philippe.keyeux@armosa.eu
Phone
0479701242
E-invoicing
Reachable via Peppol
Peppol ID
0208:0763802348
Also
9925:BE0763802348
Registered
27-12-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.