Equimaging
ActiveSummary
Equimaging has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €385,781 and a net result of €45,460. Equity is growing by ~24.3% per year across the filed fiscal years. Its solvency ranks better than 18% of 1284 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability71=
Solvency42▲+3
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25,000 at 30 days acceptable
Liquidity short (current ratio 0.07 against 0.09 in 2024; short-term debt: 44.4% and cash: 0.8% of total assets), and 83% 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 75
Relative position
BE, all sectors
reference
Veterinary activities (NACE 75)
about 90% 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
17%
Return on assets
2%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 18% of 1284 sector peers (2025).
NBB · sector comparisonPosition among 1284 sector peers
Solvency
better than 18%
← weakest
strongest →
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 01-06-2026, 60 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
60 d early
2024
41 d early
2023
27 d early
2022
28 d early
2021
2 d early
2020
40 d early
2019
45 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 35 days before the deadline; the sector median for financial year 2024 is 6 days before the deadline, and 35% 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
27-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€385,781▲ 13.4%
2024 · €340,321
Total assets
€2.3m▼ 3.8%
2024 · €2.4m
Net result
€45,460▲ 33.7%
2024 · €34,002
Working capital
-€934,388▲ 3.3%
2024 · -€965,791
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
Line20212022202320242025
Operating result€142,244▲ 219%€165,025▲ 16.0%€68,246▼ 58.6%€60,086▼ 12.0%€75,696▲ 26.0%
Net result€100,561▲ 265%€116,593▲ 15.9%€42,068▼ 63.9%€34,002▼ 19.2%€45,460▲ 33.7%
Equity€147,658▲ 214%€264,251▲ 79.0%€306,319▲ 15.9%€340,321▲ 11.1%€385,781▲ 13.4%
Total assets€1.6m▲ 27.6%€2.3m▲ 40.1%€2.4m▲ 7.3%€2.4m▼ 2.5%€2.3m▼ 3.8%
Debt€1.5m▲ 20.3%€2.0m▲ 36.2%€2.1m▲ 6.1%€2.0m▼ 4.5%€1.9m▼ 6.7%
Working capital-€100,018▼ 40.9%-€803,563▼ 703%-€990,413▼ 23.3%-€965,791▲ 2.5%-€934,388▲ 3.3%
Turnover and EBIT margin not published: the micro schema does not require them.
Why a figure moved sharply
- 2022 Equity +79% on 2021. Cause not known from the registers.
- 2021 Equity +214% on 2020. Cause not known from the registers.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 26% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.3m
Fixed assets
€2.2m ▼ 2.7%
Current assets
€71,012 ▼ 29.5%
Equity and liabilities €2.3m
Equity
€385,781 ▲ 13.4%
Debt
€1.9m ▼ 6.7%
Debt's share of the balance-sheet total falls from 85.5% to 83.0%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€195,869▲
2024 · €175,599
Cash flow
€165,634▲
2024 · €149,514
Current ratio
0.07▼
2024 · 0.09
Debt to equity
4.87▼
2024 · 5.91
ROE
11.8%▲
2024 · 10.0%
ROA
2.0%▲
2024 · 1.4%
Interest coverage
12.48▲
2024 · 11.41
Debt ≤ 1 year
€1.0m▼
2024 · €1.1m
Debt > 1 year
€871,802▼
2024 · €946,288
Income taxes
€14,567▲
2024 · €10,701
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 2,365 companies that looked in July 2024 the way this one looks now, 1.7% went bankrupt within 24 months and 97% are still going.
- Small
- 5 to 10 years old
- solvency 10 to 30%
- a profit under 5% of the balance sheet
1.7%
went bankrupt
1.4%
stopped otherwise
97%
still going
A further 0.3% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: 0.1% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 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% | 1.6% |
| 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 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 2,365 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 |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €69,224 | €53,837 | €106,799 | €115,512 | €120,173 | ▲ 4.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | €26,279 | €0 | - | - | - | - |
| Other operating charges640/8 | €2,255 | €25,903 | €3,508 | €5,343 | €4,093 | ▼ 23.4% |
| Non-recurring operating charges66A | - | - | - | €15,020 | €0 | ▼ 100% |
| Gross operating margin9900 | €240,002 | €244,765 | €178,554 | €195,962 | €199,962 | ▲ 2.0% |
| Operating profit (loss)9901 | €142,244 | €165,025 | €68,246 | €60,086 | €75,696 | ▲ 26.0% |
| Financial income75/76B | €1 | €1 | €45 | €8 | €20 | ▲ 160% |
| Recurring financial income75 | €1 | €1 | €45 | €8 | €20 | ▲ 160% |
| Financial charges65/66B | €13,332 | €12,463 | €12,855 | €15,391 | €15,688 | ▲ 1.9% |
| Recurring financial charges65 | €13,332 | €12,463 | -€11,466 | €15,391 | €15,688 | ▲ 1.9% |
| Non-recurring financial charges66B | - | - | €24,321 | €0 | - | - |
| Profit (loss) for the period before taxes9903 | €128,913 | €152,562 | €55,436 | €44,703 | €60,028 | ▲ 34.3% |
| Income taxes67/77 | €28,353 | €35,969 | €13,368 | €10,701 | €14,567 | ▲ 36.1% |
| Profit (loss) for the period9904 | €100,561 | €116,593 | €42,068 | €34,002 | €45,460 | ▲ 33.7% |
| Profit (loss) for the period to be appropriated9905 | €100,561 | €116,593 | €42,068 | €34,002 | €45,460 | ▲ 33.7% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.6m | €2.3m | €2.4m | €2.4m | €2.3m | ▼ 3.8% |
| Fixed assets21/28 | €1.4m | €2.2m | €2.3m | €2.3m | €2.2m | ▼ 2.7% |
| Tangible fixed assets22/27 | €1.4m | €2.2m | €2.3m | €2.3m | €2.2m | ▼ 2.7% |
| Land and buildings22 | €208,288 | €309,261 | €326,288 | €315,475 | €306,350 | ▼ 2.9% |
| Furniture and vehicles24 | €4,435 | €4,080 | €31,461 | €38,544 | €35,914 | ▼ 6.8% |
| Other tangible fixed assets26 | €1.2m | €1.8m | €2.0m | €1.9m | €1.8m | ▼ 2.6% |
| Financial fixed assets28 | - | €990 | €990 | €990 | €990 | = |
| Current assets29/58 | €193,475 | €89,682 | €97,422 | €100,738 | €71,012 | ▼ 29.5% |
| Amounts receivable within one year40/41 | €22,143 | €61,218 | €74,977 | €74,237 | €51,369 | ▼ 30.8% |
| Trade receivables40 | €22,083 | €27,029 | €24,962 | €31,315 | €28,530 | ▼ 8.9% |
| Other amounts receivable41 | €60 | €34,190 | €50,015 | €42,922 | €22,839 | ▼ 46.8% |
| Cash at bank and in hand54/58 | €171,333 | €8,717 | €7,428 | €24,531 | €17,609 | ▼ 28.2% |
| Deferred charges and accrued income490/1 | - | €19,747 | €15,017 | €1,969 | €2,034 | ▲ 3.3% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.6m | €2.3m | €2.4m | €2.4m | €2.3m | ▼ 3.8% |
| Equity10/15 | €147,658 | €264,251 | €306,319 | €340,321 | €385,781 | ▲ 13.4% |
| Contributions10/11 | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Reserves13 | €141,458 | €258,051 | €300,119 | €334,121 | €379,581 | ▲ 13.6% |
| Non-distributable reserves130/1 | €1,860 | €1,860 | €0 | - | - | - |
| Reserves not available under the articles1311 | €1,860 | €1,860 | €0 | - | - | - |
| Distributable reserves133 | €139,598 | €256,191 | €300,119 | €334,121 | €379,581 | ▲ 13.6% |
| Amounts payable17/49 | €1.5m | €2.0m | €2.1m | €2.0m | €1.9m | ▼ 6.7% |
| Amounts payable after more than one year17 | €1.2m | €1.1m | €1.0m | €946,288 | €871,802 | ▼ 7.9% |
| Financial debts170/4 | €1.2m | €1.1m | €1.0m | €946,288 | €871,802 | ▼ 7.9% |
| Amounts payable within one year42/48 | €293,493 | €893,245 | €1.1m | €1.1m | €1.0m | ▼ 5.7% |
| Current portion of amounts payable after more than one year42 | €71,658 | €72,355 | €73,029 | €73,768 | €74,485 | ▲ 1.0% |
| Financial debts43 | €2,669 | €4,465 | €1,431 | €614 | €3,125 | ▲ 409% |
| Credit institutions430/8 | €2,669 | €4,465 | €1,431 | €614 | €3,125 | ▲ 409% |
| Trade debts44 | €94,206 | €159,294 | €37,439 | €88,835 | €47,006 | ▼ 47.1% |
| Suppliers440/4 | €94,206 | €159,294 | €37,439 | €88,835 | €47,006 | ▼ 47.1% |
| Taxes, remuneration and social security45 | €38,022 | €112,334 | €51,735 | €15,700 | €17,103 | ▲ 8.9% |
| Taxes450/3 | €38,022 | €112,334 | €51,735 | €15,700 | €17,103 | ▲ 8.9% |
| Other amounts payable47/48 | €86,938 | €544,797 | €924,203 | €887,611 | €863,681 | ▼ 2.7% |
| Accrued charges and deferred income492/3 | - | €348 | €0 | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €100,561 | €116,593 | €42,068 | €34,002 | €45,460 | ▲ 33.7% |
| + Depreciation and write-downs630 | €69,224 | €53,837 | €106,799 | €115,512 | €120,173 | ▲ 4.0% |
| Operating cash flow (approximation) | €169,785 | €170,430 | €148,867 | €149,514 | €165,634 | ▲ 10.8% |
| Investment in fixed assets (approximation) | - | -€801,967 | -€262,341 | -€51,124 | -€59,745 | ▼ 16.9% |
| Change in cash | - | -€162,616 | -€1,288 | €17,103 | -€6,922 | ▼ 140% |
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
01-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
20-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
04-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
03-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Highest result since 2019net €116,593 ▲15.9%
Operating result €165,025, net result €116,593, both a record.
31-12
Financial
Equity above €200,000Eq €264,251 ▲79%
4 profitable years in a row build equity to €264,251.
29-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Equity above €100,000Eq €147,658 ▲214%
3 profitable years in a row build equity to €147,658.
21-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
16-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 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
4 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, Sint-Martens-Latem · 1 establishment unit since 2018
Ground area
2,125 m²
Building footprint
251 m²
Volume, LiDAR
1,762 m³
Parcel 44015A0299/00T002, Flanders · tallest building 19.2 m, ±2 floors. Linked by address, not a title deed.
4
companies at this address
See who is registered here
1 establishment unit
Equimaging
since 20182.281.936.777
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44015A0299/00T002 | Flanders | 2,125 m² | 1 · 251 m² | 19.1 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
1 holdingOwners 0
The accounts to 31-12-2025 list no shareholders, and no other source names one.
Holdings 1
-
99%
According to the 2025 annual accounts of Equimaging 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.
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Of 6,090 companies in sector 75000 we hold annual accounts for 1,951. 1,465 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
Founded06-11-2018
Fiscal year end31-12
Activities, NACEBEL 2025
75000Veterinary services
E-invoicing
Reachable via Peppol
Peppol ID
0208:0712876556
Also
9925:BE0712876556
Registered
11-09-2025
Register as of 26 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.