EQUILIBRIUM
ActiveSummary
EQUILIBRIUM is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The latest annual accounts of EQUILIBRIUM were filed more than 90 days after the deadline. The 2025 annual accounts show equity of €13.5m and a net result of -€346,036. Equity is growing by ~3.5% per year across the filed fiscal years. Its solvency ranks better than 61% of 5593 sector peers (fiscal year 2025). The company has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The Checked score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
Filing: Filed more than 90 days late
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
1 signal. The signal on the left, the evidence on the right.
+raises risk
raises risk · Filed more than 90 days late
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 21-09-2026, 325 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filingsDeviation from the deadline
2025
325 d late
2024
on the day
2023
92 d late
2022
176 d late
2021
30 d late
2020
12 d early
2019
51 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 80 days after the deadline; the sector median for financial year 2024 is 14 days before the deadline, and 28% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today. Usually files around 31 January (4 of the last 5 filed years within 92 days of that day).
Companies Code · seven monthsPosition in the running window
31-03-2026 close30-09-2026 today31-10-2026 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check What changed in the latest annual accounts?What changed What held for this company on a given day: board, seat, name?Company as of a date
Your own company? See how customers, suppliers and banks see it and what to improve first.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, abbreviated schema
Equity
€13.5m▲ 3.5%
2024 · €13.0m
Net result
-€346,036▼ 9.1%
2024 · -€317,258
Total assets
€21.3m▲ 16.5%
2024 · €18.3m
Solvency
63.4%▼ 8.0pp
2024 · 71.3%
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 64, Financial service activities, except insurance and pension funding, 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
Line20212022202320242025
Operating result€481,187▲ 369%-€929,942-€61,202▲ 93.4%-€37,842▲ 38.2%-€309,979▼ 719%
Net result€7.5mabove the sector's middle half-€1.0mbelow the sector's middle half-€365,840below the sector's middle half▲ 64.3%-€317,258below the sector's middle half▲ 13.3%-€346,036below the sector's middle half▼ 9.1%
Equity€14.7mabove the sector's middle half▲ 104%€13.7mabove the sector's middle half▼ 7.0%€13.4mabove the sector's middle half▼ 2.6%€13.0mabove the sector's middle half▼ 2.4%€13.5mabove the sector's middle half▲ 3.5%
Total assets€19.4mabove the sector's middle half▲ 48.6%€19.3mabove the sector's middle half▼ 0.9%€18.0mabove the sector's middle half▼ 6.8%€18.3mabove the sector's middle half▲ 1.8%€21.3mabove the sector's middle half▲ 16.5%
Debt€4.6m▼ 20.0%€5.5m▲ 18.6%€4.6m▼ 17.1%€5.2m▲ 14.0%€7.8m▲ 49.4%
Working capital€3.5mabove the sector's middle half€1.8mabove the sector's middle half▼ 47.6%€2.2mabove the sector's middle half▲ 16.9%€1.8mabove the sector's middle half▼ 17.6%€2.5mabove the sector's middle half▲ 38.1%
Solvency75.8%within the sector's middle half▲ 20.6pp71.2%within the sector's middle half▼ 4.7pp74.3%within the sector's middle half▲ 3.2pp71.3%within the sector's middle half▼ 3.0pp63.4%within the sector's middle half▼ 8.0pp
Current ratio2.62within the sector's middle half▲ 1.631.49within the sector's middle half▼ 1.132.14within the sector's middle half▲ 0.651.65within the sector's middle half▼ 0.501.79within the sector's middle half▲ 0.14
Return on assets (ROA)38.7%above the sector's middle half▲ 38.8pp-5.3%below the sector's middle half▼ 44.0pp-2.0%below the sector's middle half▲ 3.3pp-1.7%below the sector's middle half▲ 0.3pp-1.6%below the sector's middle half▲ 0.1pp
Staff (FTE)
above
within
below
the middle half (P25 to P75) of NACE 64, Financial service activities, except insurance and pension funding, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €309,979 in 2025 against €37,842 in 2024; the loss grows.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €21.3m
Fixed assets
€15.7m ▲ 14.4%
Current assets
€5.6m ▲ 22.9%
Equity and liabilities €21.3m
Equity
€13.5m ▲ 3.5%
Provisions
€47,505 ▼ 7.6%
Debt
€7.8m ▲ 49.4%
Debt's share of the balance-sheet total rises from 28.4% to 36.4%. Equity and debt are higher.
Key figures and ratios
ROE
-2.6%▼
2024 · -2.4%
Debt ≤ 1 year
€3.1m▲
2024 · €2.8m
Debt > 1 year
€4.6m▲
2024 · €2.4m
Income taxes
-€26,113▼
2024 · €206,302
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €62,475 | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €147,738 | €283,895 | €271,190 | €534,389 | €336,171 | ▼ 37.1% |
| Other operating charges640/8 | - | €63,903 | €1,000 | €743 | €644 | ▼ 13.3% |
| Non-recurring operating charges66A | - | €869,813 | €504,515 | - | - | - |
| Gross operating margin9900 | €635,710 | €287,668 | €715,502 | €497,289 | €26,836 | ▼ 94.6% |
| Operating profit (loss)9901 | €481,187 | -€929,942 | -€61,202 | -€37,842 | -€309,979 | ▼ 719% |
| Financial income75/76B | - | €69,409 | €1 | €51 | €39,136 | ▲ 76,129% |
| Recurring financial income75 | €4,091 | €69,409 | €1 | €51 | €39,136 | ▲ 76,129% |
| Financial charges65/66B | - | €126,053 | €134,043 | €77,095 | €105,236 | ▲ 36.5% |
| Recurring financial charges65 | €115,202 | €126,053 | €134,043 | €77,095 | €105,236 | ▲ 36.5% |
| Profit (loss) for the period before taxes9903 | €7.6m | -€986,587 | -€195,245 | -€114,885 | -€376,079 | ▼ 227% |
| Transfer from deferred taxes780 | - | €7,859 | €3,930 | €3,930 | €3,930 | = |
| Income taxes67/77 | €97,545 | €46,744 | €174,525 | €206,302 | -€26,113 | ▼ 113% |
| Profit (loss) for the period9904 | €7.5m | -€1.0m | -€365,840 | -€317,258 | -€346,036 | ▼ 9.1% |
| Transfer from tax-exempt reserves789 | - | €15,263 | €7,632 | €7,632 | €7,632 | = |
| Profit (loss) for the period to be appropriated9905 | €7.5m | -€1.0m | -€358,209 | -€309,626 | -€338,405 | ▼ 9.3% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €19.4m | €19.3m | €18.0m | €18.3m | €21.3m | ▲ 16.5% |
| Formation expenses20 | €5,241 | €3,494 | €1,747 | - | - | - |
| Fixed assets21/28 | €13.7m | €13.7m | €13.9m | €13.7m | €15.7m | ▲ 14.4% |
| Tangible fixed assets22/27 | €7.0m | €6.9m | €7.1m | €7.0m | €7.0m | ▼ 0.1% |
| Land and buildings22 | - | €6.4m | €6.6m | €6.5m | €6.5m | ▼ 0.2% |
| Plant, machinery and equipment23 | - | €3,395 | €55,289 | €909 | €4,442 | ▲ 389% |
| Furniture and vehicles24 | - | €410,108 | €361,344 | €344,450 | €344,219 | ▼ 0.1% |
| Other tangible fixed assets26 | - | €122,366 | €122,152 | €121,939 | €121,726 | ▼ 0.2% |
| Financial fixed assets28 | €6.8m | €6.8m | €6.8m | €6.8m | €8.8m | ▲ 29.4% |
| Current assets29/58 | €5.7m | €5.6m | €4.1m | €4.5m | €5.6m | ▲ 22.9% |
| Amounts receivable after more than one year29 | - | €2.7m | €2.7m | €2.7m | €3.2m | ▲ 16.6% |
| Other amounts receivable291 | - | €2.7m | €2.7m | €2.7m | €3.2m | ▲ 16.6% |
| Stocks and contracts in progress3 | - | €870 | €870 | €53,843 | €53,843 | = |
| Stocks30/36 | - | €870 | €870 | €53,843 | €53,843 | = |
| Amounts receivable within one year40/41 | €2.6m | €2.8m | €1.2m | €1.5m | €2.0m | ▲ 38.7% |
| Trade receivables40 | - | €1.6m | €1.1m | €1.4m | €1.7m | ▲ 17.2% |
| Other amounts receivable41 | - | €1.2m | €92,241 | €24,391 | €343,979 | ▲ 1,310% |
| Current investments50/53 | €31,575 | €31,575 | €31,575 | €31,575 | - | - |
| Cash at bank and in hand54/58 | €350,414 | €17,494 | €31,033 | €42,671 | €103,431 | ▲ 142% |
| Deferred charges and accrued income490/1 | - | €18,138 | €21,127 | €196,480 | €182,794 | ▼ 7.0% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €19.4m | €19.3m | €18.0m | €18.3m | €21.3m | ▲ 16.5% |
| Equity10/15 | €14.7m | €13.7m | €13.4m | €13.0m | €13.5m | ▲ 3.5% |
| Contributions10/11 | - | €3.2m | €3.2m | €3.2m | €3.2m | = |
| Revaluation surpluses12 | - | €3.4m | €3.4m | €3.4m | €4.3m | ▲ 23.5% |
| Reserves13 | €133,054 | €117,791 | €110,159 | €102,528 | €94,896 | ▼ 7.4% |
| Non-distributable reserves130/1 | - | €22,060 | €22,060 | €22,060 | €22,060 | = |
| Reserves not available under the articles1311 | - | €22,060 | €22,060 | €22,060 | €22,060 | = |
| Tax-exempt reserves132 | - | €95,732 | €88,100 | €80,468 | €72,837 | ▼ 9.5% |
| Profit (loss) carried forward14 | €8.0m | €6.9m | €6.6m | €6.3m | €5.9m | ▼ 5.4% |
| Provisions and deferred taxes16 | €67,154 | €59,294 | €55,365 | €51,435 | €47,505 | ▼ 7.6% |
| Provisions for liabilities and charges160/5 | - | €10,000 | €10,000 | €10,000 | €10,000 | = |
| Environmental obligations163 | - | €10,000 | €10,000 | €10,000 | €10,000 | = |
| Deferred taxes168 | - | €49,294 | €45,365 | €41,435 | €37,505 | ▼ 9.5% |
| Amounts payable17/49 | €4.6m | €5.5m | €4.6m | €5.2m | €7.8m | ▲ 49.4% |
| Amounts payable after more than one year17 | €2.5m | €1.7m | €2.7m | €2.4m | €4.6m | ▲ 90.6% |
| Financial debts170/4 | - | €1.7m | €2.7m | €2.4m | €4.6m | ▲ 90.6% |
| Amounts payable within one year42/48 | €2.2m | €3.7m | €1.9m | €2.8m | €3.1m | ▲ 13.1% |
| Current portion of amounts payable after more than one year42 | - | €211,090 | €185,558 | €188,941 | €527,262 | ▲ 179% |
| Financial debts43 | - | - | - | €200,019 | €680,150 | ▲ 240% |
| Credit institutions430/8 | - | - | - | €200,019 | €680,150 | ▲ 240% |
| Trade debts44 | €529,293 | €552,152 | €880,870 | €1.3m | €1.5m | ▲ 15.0% |
| Suppliers440/4 | - | €552,152 | €880,870 | €1.3m | €1.5m | ▲ 15.0% |
| Advances received on contracts in progress46 | - | €372,546 | €66,417 | €33,714 | €33,714 | = |
| Taxes, remuneration and social security45 | - | €313,450 | €522,690 | €685,752 | €376,858 | ▼ 45.0% |
| Taxes450/3 | - | €313,450 | €522,690 | €685,752 | €336,337 | ▼ 51.0% |
| Remuneration and social security454/9 | - | - | - | - | €40,521 | - |
| Other amounts payable47/48 | - | €2.3m | €237,901 | €352,640 | €10,000 | ▼ 97.2% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €7.5m | -€1.0m | -€365,840 | -€317,258 | -€346,036 | ▼ 9.1% |
| + Depreciation and write-downs630 | €147,738 | €283,895 | €271,190 | €534,389 | €336,171 | ▼ 37.1% |
| Operating cash flow (approximation) | €7.7m | -€741,577 | -€94,650 | €217,131 | -€9,866 | ▼ 105% |
| Investment in fixed assets (approximation) | - | -€226,319 | -€510,861 | -€369,143 | -€2.3m | ▼ 529% |
| Change in cash | - | -€332,920 | €13,539 | €11,638 | €60,760 | ▲ 422% |
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
21-09
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 325 days late
31-08
State Gazette act
General meeting · Share class
Capital · Statutes amendment
2024
31-10
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
31-01
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 92 days late
2023
25-04
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 176 days late
2022
31-03
Financial
Weakest financial yearnet -€1.0m
Net result drops to -€1.0m, the lowest in the series; recovery starts the following year.
2021
30-11
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 30 days late
31-03
Financial
Back to profitnet €7.5m
Net result €7.5m after one loss-making year.
31-03
Financial
Liquidity triplescurrent ratio 2.62
Current ratio from 0.99 to 2.62; short-term debt falls from €2.6m to €2.2m.
31-03
Financial
Equity above €10mEq €14.7m ▲104%
Equity rises from €7.2m to €14.7m.
2020
19-10
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2019
10-09
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
Show earlier events
2018
04-10
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2017
23-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 23 days late
2016
11-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 11 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 10 acts read
About the unread acts
We know of 10 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
10 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, Waregem · 1 establishment unit since 2004
Ground area
1,510 m²
Building footprint
1,056 m²
Volume, LiDAR
7,373 m³
Parcel 34040C1249/00W002, Flanders · tallest building 9.0 m, ±2 floors. Linked by address, not a title deed.
23
companies at this address
See who is registered here
1 establishment unit
EQUILIBRIUM
since 20042.136.845.860
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34040C1249/00W002 | Flanders | 1,510 m² | 1 · 1,056 m² | 9.0 m · 2 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.
Structure & network
Owners and holdings
7 holdingsOwners 0
The accounts to 31-03-2025 list no shareholders, and no other source names one.
Holdings 7
-
99%
-
98%
-
52%
-
52%
-
52%
-
52%
-
2%
Stated earlier (1)
An older source named these holdings; newer accounts no longer list them.
-
43.99%
According to the annual accounts to 31-03-2025 of EQUILIBRIUM 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.
Similar companies · same sector, comparable size
M.M.V.
BE 0446.277.895
Tielt · Eq €13,487,754
RELY
BE 0679.695.628
Schilde · Eq €13,528,218
TRIBIANT
BE 0821.983.146
Sint-Martens-Latem · Eq €13,469,830
Polymat Holding
BE 0889.982.720
Merelbeke-Melle · Eq €13,458,992
Bloom Management
BE 1005.440.731
Kortrijk · Eq €13,544,562
Of 24,721 companies in sector 64210 we hold annual accounts for 19,799. 5,228 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
Founded09-03-2004
Fiscal year end31-03
Activities, NACEBEL 2025
64210Activities of holding companies
E-invoicing
Reachable via Peppol
Peppol ID
0208:0863919711
Also
9925:BE0863919711
Registered
07-01-2026
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.