Equilli
ActiveSummary
Equilli has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €966,891 and a net result of -€89,834. Equity is growing by ~15% per year across the filed fiscal years. Its solvency ranks better than 42% of 239 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability55▲+4
Solvency59▼-5
Growth78=
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €55,000 at 30 days acceptable
Liquidity ample (current ratio 1.92 against 1.67 in 2024; short-term debt: 32.7% and cash: 1.2% of total assets), but 66% of the assets are financed with debt.
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Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 31
Relative position
BE, all sectors
reference
Manufacture of furniture (NACE 31)
about 43% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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
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
34%
Return on assets
-3.2%
Age of the figures
9 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year -€89,834
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 11-06-2026, 50 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
50 d early
2024
27 d early
2023
21 d early
2022
28 d late
2021
2 d late
2020
on the day
2019
7 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 11 days before the deadline; the sector median for financial year 2024 is 7 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.
Companies Code · seven monthsPosition in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, abbreviated schema
In the rankings
#5 company by total assets in Flemish Brabant, Furniture sector#8 company by equity in Flemish Brabant, Furniture sector
Equity
€966,891▼ 8.5%
2024 · €1.1m
Total assets
€2.8m▲ 6.0%
2024 · €2.7m
Net result
-€89,834▲ 30.5%
2024 · -€129,218
Working capital
€856,862▲ 33.3%
2024 · €642,905
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 31, Manufacture of furniture, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€32,582▼ 54.1%-€390,274€28,301-€101,157-€76,548▲ 24.3%
Net result€1.1mabove the sector's middle half▲ 2,275%-€276,423below the sector's middle half-€12,180below the sector's middle half▲ 95.6%-€129,218below the sector's middle half▼ 961%-€89,834below the sector's middle half▲ 30.5%
Equity€1.6mabove the sector's middle half▲ 378%€1.2mabove the sector's middle half▼ 26.3%€1.2mabove the sector's middle half▼ 1.0%€1.1mabove the sector's middle half▼ 10.9%€966,891above the sector's middle half▼ 8.5%
Total assets€2.6mabove the sector's middle half▲ 70.4%€2.3mwithin the sector's middle half▼ 12.0%€2.6mabove the sector's middle half▲ 12.3%€2.7mabove the sector's middle half▲ 3.4%€2.8mabove the sector's middle half▲ 6.0%
Debt€997,032▼ 16.8%€1.1m▲ 11.3%€1.4m▲ 26.6%€1.6m▲ 15.5%€1.9m▲ 15.5%
Working capital€1.4mabove the sector's middle half▲ 204%€738,627above the sector's middle half▼ 45.8%€740,408above the sector's middle half▲ 0.2%€642,905within the sector's middle half▼ 13.2%€856,862above the sector's middle half▲ 33.3%
Solvency62.0%within the sector's middle half▲ 39.9pp51.9%within the sector's middle half▼ 10.1pp45.8%within the sector's middle half▼ 6.1pp39.4%within the sector's middle half▼ 6.3pp34.0%within the sector's middle half▼ 5.4pp
Current ratio4.92above the sector's middle half▲ 3.022.42within the sector's middle half▼ 2.511.93within the sector's middle half▼ 0.481.67within the sector's middle half▼ 0.261.92within the sector's middle half▲ 0.25
Return on assets (ROA)42.3%above the sector's middle half▲ 39.2pp-12.0%below the sector's middle half▼ 54.3pp-0.5%below the sector's middle half▲ 11.5pp-4.8%below the sector's middle half▼ 4.4pp-3.2%below the sector's middle half▲ 1.7pp
Staff (FTE)3.7within the sector's middle half▼ 2.6%6within the sector's middle half▲ 62.2%4.9within the sector's middle half▼ 18.3%6.9within the sector's middle half▲ 40.8%6.2within the sector's middle half▼ 10.1%
above
within
below
the middle half (P25 to P75) of NACE 31, Manufacture of furniture, 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 €76,548 in 2025 against €101,157 in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.8m
Fixed assets
€1.1m ▼ 2.2%
Current assets
€1.8m ▲ 11.6%
Equity and liabilities €2.8m
Equity
€966,891 ▼ 8.5%
Debt
€1.9m ▲ 15.5%
Debt's share of the balance-sheet total rises from 60.6% to 66.0%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€225,569▲
2024 · €174,473
Cash flow
€212,283▲
2024 · €146,411
Quick ratio
0.91▲
2024 · 0.84
Debt to equity
1.94▲
2024 · 1.54
ROE
-9.3%▲
2024 · -12.2%
Interest coverage
4.80▲
2024 · 4.54
Debt ≤ 1 year
€928,385▼
2024 · €956,797
Debt > 1 year
€946,663▲
2024 · €661,737
Income taxes
€99▼
2024 · €629
Staff costs
€259,031▼
2024 · €422,885
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 6,915 companies that looked in July 2024 the way this one looks now, 1.1% went bankrupt within 24 months and 91% are still going.
- Micro
- 10 to 20 years old
- solvency 30% or more
- a small loss
1.1%
went bankrupt
7.8%
stopped otherwise
91%
still going
A further 0.4% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.6% 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 497,662 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% | 1.7% |
| 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 75% 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 6,915 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 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €46 | €0 | - | - | - |
| Remuneration, social security and pensions62 | €229,614 | €354,957 | €318,933 | €422,885 | €259,031 | ▼ 38.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €136,844 | €197,256 | €262,495 | €275,629 | €302,117 | ▲ 9.6% |
| Other operating charges640/8 | €139 | €3,393 | €1,506 | €2,019 | €1,152 | ▼ 43.0% |
| Non-recurring operating charges66A | €3,019 | €3,931 | - | - | €60,674 | - |
| Gross operating margin9900 | €402,197 | €169,263 | €611,235 | €599,377 | €546,426 | ▼ 8.8% |
| Operating profit (loss)9901 | €32,582 | -€390,274 | €28,301 | -€101,157 | -€76,548 | ▲ 24.3% |
| Financial income75/76B | €1.1m | €150,585 | €2,844 | €11,946 | €33,846 | ▲ 183% |
| Recurring financial income75 | €70,991 | €150,585 | €2,844 | €11,946 | €33,846 | ▲ 183% |
| Non-recurring financial income76B | €1.0m | - | - | - | - | - |
| Financial charges65/66B | €44,837 | €30,538 | €42,661 | €39,379 | €47,033 | ▲ 19.4% |
| Recurring financial charges65 | €44,837 | €30,538 | €42,661 | €38,456 | €47,033 | ▲ 22.3% |
| Non-recurring financial charges66B | - | - | €0 | €923 | €0 | ▼ 100% |
| Profit (loss) for the period before taxes9903 | €1.1m | -€270,227 | -€11,515 | -€128,589 | -€89,735 | ▲ 30.2% |
| Income taxes67/77 | -€439 | €6,196 | €665 | €629 | €99 | ▼ 84.3% |
| Profit (loss) for the period9904 | €1.1m | -€276,423 | -€12,180 | -€129,218 | -€89,834 | ▲ 30.5% |
| Profit (loss) for the period to be appropriated9905 | €1.1m | -€276,423 | -€12,180 | -€129,218 | -€89,834 | ▲ 30.5% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €2.6m | €2.3m | €2.6m | €2.7m | €2.8m | ▲ 6.0% |
| Fixed assets21/28 | €910,718 | €1.0m | €1.1m | €1.1m | €1.1m | ▼ 2.2% |
| Intangible fixed assets21 | €404,231 | €476,680 | €467,252 | €477,515 | €437,205 | ▼ 8.4% |
| Tangible fixed assets22/27 | €89,846 | €154,606 | €167,622 | €176,335 | €192,536 | ▲ 9.2% |
| Plant, machinery and equipment23 | €58,768 | €113,715 | €130,103 | €142,393 | €156,344 | ▲ 9.8% |
| Furniture and vehicles24 | €17,635 | €18,685 | €24,136 | €21,466 | €25,469 | ▲ 18.7% |
| Other tangible fixed assets26 | €13,443 | €22,206 | €13,384 | €12,477 | €10,723 | ▼ 14.1% |
| Financial fixed assets28 | €416,641 | €416,641 | €422,399 | €426,707 | €426,952 | ▲ 0.1% |
| Current assets29/58 | €1.7m | €1.3m | €1.5m | €1.6m | €1.8m | ▲ 11.6% |
| Amounts receivable after more than one year29 | €4,967 | €31,521 | €31,521 | €31,521 | €31,521 | = |
| Other amounts receivable291 | €4,967 | €31,521 | €31,521 | €31,521 | €31,521 | = |
| Stocks and contracts in progress3 | €371,118 | €493,418 | €642,143 | €797,883 | €944,703 | ▲ 18.4% |
| Stocks30/36 | €307,368 | €414,576 | €421,585 | €632,015 | €675,384 | ▲ 6.9% |
| Contracts in progress37 | €63,750 | €78,842 | €220,558 | €165,868 | €269,319 | ▲ 62.4% |
| Amounts receivable within one year40/41 | €609,264 | €645,374 | €750,074 | €718,092 | €772,932 | ▲ 7.6% |
| Trade receivables40 | €531,391 | €625,891 | €748,310 | €711,142 | €759,293 | ▲ 6.8% |
| Other amounts receivable41 | €77,873 | €19,483 | €1,764 | €6,950 | €13,639 | ▲ 96.2% |
| Cash at bank and in hand54/58 | €698,120 | €87,220 | €107,147 | €51,802 | €35,029 | ▼ 32.4% |
| Deferred charges and accrued income490/1 | €27,519 | €2,518 | €3,052 | €403 | €1,062 | ▲ 163% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €2.6m | €2.3m | €2.6m | €2.7m | €2.8m | ▲ 6.0% |
| Equity10/15 | €1.6m | €1.2m | €1.2m | €1.1m | €966,891 | ▼ 8.5% |
| Contributions10/11 | €332,660 | €332,660 | €332,660 | €332,660 | €332,660 | = |
| Capital10 | €332,660 | €332,660 | €332,660 | €332,660 | €332,660 | = |
| Issued capital100 | €332,660 | €332,660 | €332,660 | €332,660 | €332,660 | = |
| Revaluation surpluses12 | €383,779 | €383,779 | €383,779 | €383,779 | €383,779 | = |
| Reserves13 | €33,266 | €33,266 | €33,266 | €33,266 | €33,266 | = |
| Non-distributable reserves130/1 | €33,266 | €33,266 | €33,266 | €33,266 | €33,266 | = |
| Legal reserve130 | €33,266 | €33,266 | €33,266 | €33,266 | €33,266 | = |
| Profit (loss) carried forward14 | €724,841 | €448,418 | €436,238 | €307,020 | €217,186 | ▼ 29.3% |
| Investment grants15 | €150,127 | - | - | - | - | - |
| Amounts payable17/49 | €997,032 | €1.1m | €1.4m | €1.6m | €1.9m | ▲ 15.5% |
| Amounts payable after more than one year17 | €646,853 | €588,430 | €611,737 | €661,737 | €946,663 | ▲ 43.1% |
| Financial debts170/4 | €646,853 | €588,430 | €611,737 | €661,737 | €946,663 | ▲ 43.1% |
| Amounts payable within one year42/48 | €347,478 | €521,423 | €793,529 | €956,797 | €928,385 | ▼ 3.0% |
| Current portion of amounts payable after more than one year42 | €60,567 | €62,565 | €42,852 | €37,585 | €71,544 | ▲ 90.4% |
| Financial debts43 | €235,000 | €200,000 | €485,000 | €576,913 | €408,078 | ▼ 29.3% |
| Credit institutions430/8 | €235,000 | €200,000 | €485,000 | €576,913 | €408,078 | ▼ 29.3% |
| Trade debts44 | €29,009 | €211,963 | €220,929 | €308,636 | €412,715 | ▲ 33.7% |
| Suppliers440/4 | €29,009 | €211,963 | €220,929 | €308,636 | €412,715 | ▲ 33.7% |
| Taxes, remuneration and social security45 | €22,902 | €46,873 | €44,726 | €33,415 | €35,801 | ▲ 7.1% |
| Taxes450/3 | €0 | - | €837 | €831 | €925 | ▲ 11.3% |
| Remuneration and social security454/9 | €22,902 | €46,873 | €43,889 | €32,583 | €34,876 | ▲ 7.0% |
| Other amounts payable47/48 | - | €22 | €22 | €248 | €248 | = |
| Accrued charges and deferred income492/3 | €2,701 | - | - | €5,000 | €0 | ▼ 100% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €1.1m | -€276,423 | -€12,180 | -€129,218 | -€89,834 | ▲ 30.5% |
| + Depreciation and write-downs630 | €136,844 | €197,256 | €262,495 | €275,629 | €302,117 | ▲ 9.6% |
| Operating cash flow (approximation) | €1.2m | -€79,167 | €250,315 | €146,411 | €212,283 | ▲ 45.0% |
| Investment in fixed assets (approximation) | - | -€334,465 | -€271,841 | -€298,914 | -€278,252 | ▲ 6.9% |
| Change in cash | - | -€610,901 | €19,927 | -€55,345 | -€16,773 | ▲ 69.7% |
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
11-06
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
04-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
10-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
28-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 28 days late
2022
02-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 2 days late
2021
31-12
Financial
Highest result since 2018net €1.1m ▲2,275%
Net result €1.1m, the highest in the series.
31-12
Financial
Liquidity triplescurrent ratio 4.92
Current ratio from 1.90 to 4.92; short-term debt falls from €498,830 to €347,478.
31-12
Financial
Equity above €1mEq €1.6m ▲378%
2 profitable years in a row build equity to €1.6m.
31-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Back to profitnet €46,676
Net result €46,676 after 2 loss-making years.
31-12
Financial
Equity above €200,000Eq €339,904 ▲190%
Equity rises from €117,165 to €339,904.
24-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
Show earlier events
2019
31-12
Financial
Weakest financial yearnet -€396,956
Net result drops to -€396,956, the lowest in the series; recovery starts the following year.
31-12
Financial
Equity above €100,000Eq €117,165 ▲733%
Equity rises from €14,061 to €117,165.
28-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
31-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
28-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 8 acts read
About the unread acts
We know of 8 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
8 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, Boortmeerbeek · 1 establishment unit since 2011
Ground area
4,418 m²
Building footprint
2,016 m²
Volume, LiDAR
12,465 m³
Parcel 24014C0119/00P003, Flanders · tallest building 6.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Equilli
since 20112.200.792.418
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24014C0119/00P003 | Flanders | 4,418 m² | 1 · 2,016 m² | 6.9 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.
Public money · subsidies and aid
Flemish government
2022 · 2 entries · 8,694 EUR awarded · 8,694 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2022 | 2 | 8,694 EUR | 8,694 EUR |
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Of 56 companies in sector 31003 we hold annual accounts for 43. 29 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded30-06-2011
Fiscal year end31-12
Activities, NACEBEL 2025
31003Manufacture of furniture
47551Retail sale of household furniture
E-invoicing
Reachable via Peppol
Peppol ID
0208:0837748121
Registered
27-03-2026
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.