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Equimaging

Active
Private limited companyfounded 2018active for 7 yearsRode Beukendreef 14, 9831 Sint-Martens-Latem, BelgiumKBO/BCE: BE 0712.876.556
Summary

Equimaging has been active since 2018 and the Belgian Official 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 about 24% per year across the filed financial years. Its solvency ranks better than 18% of 1,572 sector peers (NACE 75, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Financials · financial year 2025, micro format

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

2021 to 2025, 5 financial years 2019 to 2025, 7 financial years

The operating result recovers in 2025; 2025 is 26% above 2024.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result€0.08m 2025 Net result€0.05m 2025

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 75, Veterinary activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the financial year before
favourable unfavourable
Line2019202020212022202320242025
Operating result€0.02m-€0.04m▲ 144%€0.1m▲ 219%€0.2m▲ 16.0%€0.07m▼ 58.6%€0.06m▼ 12.0%€0.08m▲ 26.0%
Net result€0.01m-€0.03mwithin the sector's middle half▲ 106%€0.1mabove the sector's middle half▲ 265%€0.1mabove the sector's middle half▲ 15.9%€0.04mwithin the sector's middle half▼ 63.9%€0.03mwithin the sector's middle half▼ 19.2%€0.05mwithin the sector's middle half▲ 33.7%
Equity€0.02m-€0.05mwithin the sector's middle half▲ 141%€0.1mwithin the sector's middle half▲ 214%€0.3mabove the sector's middle half▲ 79.0%€0.3mabove the sector's middle half▲ 15.9%€0.3mabove the sector's middle half▲ 11.1%€0.4mabove the sector's middle half▲ 13.4%
Total assets€0.03m-€1.3mabove the sector's middle half▲ 4,486%€1.6mabove the sector's middle half▲ 27.6%€2.3mabove the sector's middle half▲ 40.1%€2.4mabove the sector's middle half▲ 7.3%€2.4mabove the sector's middle half▼ 2.5%€2.3mabove the sector's middle half▼ 3.8%
Debt€0.008m-€1.2m▲ 15,266%€1.5m▲ 20.3%€2.0m▲ 36.2%€2.1m▲ 6.1%€2.0m▼ 4.5%€1.9m▼ 6.7%
Working capital€0.02m--€0.07mbelow the sector's middle half-€0.1mbelow the sector's middle half▼ 40.9%-€0.8mbelow the sector's middle half▼ 703%-€1.0mbelow the sector's middle half▼ 23.3%-€1.0mbelow the sector's middle half▲ 2.5%-€0.9mbelow the sector's middle half▲ 3.3%
Solvency71.3%-3.7%below the sector's middle half▼ 67.5pp9.2%below the sector's middle half▲ 5.5pp11.7%below the sector's middle half▲ 2.5pp12.7%below the sector's middle half▲ 0.9pp14.5%below the sector's middle half▲ 1.8pp17.0%below the sector's middle half▲ 2.6pp
Current ratio3.09-0.54below the sector's middle half▼ 2.550.66below the sector's middle half▲ 0.120.10below the sector's middle half▼ 0.560.09below the sector's middle half▼ 0.010.09below the sector's middle half=0.07below the sector's middle half▼ 0.02
Return on assets (ROA)48.7%-2.2%below the sector's middle half▼ 46.5pp6.3%within the sector's middle half▲ 4.1pp5.2%within the sector's middle half▼ 1.1pp1.7%below the sector's middle half▼ 3.4pp1.4%below the sector's middle half▼ 0.3pp2.0%below the sector's middle half▲ 0.6pp
above within below the middle half of NACE 75, Veterinary activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin not published: the micro format does not require them.
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
2025 value · change against 2024
EBITDA
€195,869▲
2024 · €175,599
Cash flow
€165,634▲
2024 · €149,514
Debt to equity
4.87▼
2024 · 5.91
ROE
11.8%▲
2024 · 10.0%
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 observation

Of the 2,372 companies that looked in July 2024 the way this one looks now, 1.9% went bankrupt within 24 months and 96.6% are still going.

  • Small
  • 5 to 10 years old
  • solvency 10 to 30%
  • a profit under 5% of the balance sheet
1.9% went bankrupt
1.4% stopped otherwise
96.6% still going

A further 0.1% 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 497,470 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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 74.5% 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 2,372 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
Filed annual accounts As filed with the NBB · 2025 against 2024 · 47 lines
Balance sheet Code20242025
Assets
Total assets20/58€2.4m€2.3m▼
Fixed assets21/28€2.3m€2.2m▼
Tangible fixed assets22/27€2.3m€2.2m▼
Land and buildings22€0.3m€0.3m▼
Furniture and vehicles24€0.04m€0.04m▼
Other tangible fixed assets26€1.9m€1.8m▼
Financial fixed assets28€0.001m€0.001m=
Current assets29/58€0.1m€0.07m▼
Amounts receivable within one year40/41€0.07m€0.05m▼
Trade receivables40€0.03m€0.03m▼
Other amounts receivable41€0.04m€0.02m▼
Cash at bank and in hand54/58€0.02m€0.02m▼
Deferred charges and accrued income490/1€0.002m€0.002m▲
Equity and liabilities
Total equity and liabilities10/49€2.4m€2.3m▼
Equity10/15€0.3m€0.4m▲
Contributions10/11€0.006m€0.006m=
Reserves13€0.3m€0.4m▲
Distributable reserves133€0.3m€0.4m▲
Amounts payable17/49€2.0m€1.9m▼
Amounts payable after more than one year17€0.9m€0.9m▼
Financial debts170/4€0.9m€0.9m▼
Amounts payable within one year42/48€1.1m€1.0m▼
Current portion of amounts payable after more than one year42€0.07m€0.07m▲
Financial debts43€0.001m€0.003m▲
Credit institutions430/8€0.001m€0.003m▲
Trade debts44€0.09m€0.05m▼
Suppliers440/4€0.09m€0.05m▼
Taxes, remuneration and social security45€0.02m€0.02m▲
Taxes450/3€0.02m€0.02m▲
Other amounts payable47/48€0.9m€0.9m▼
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0.1m€0.1m▲
Other operating charges640/8€0.005m€0.004m▼
Non-recurring operating charges66A€0.02m€0▼
Gross operating margin9900€0.2m€0.2m▲
Operating profit (loss)9901€0.06m€0.08m▲
Financial income75/76B€8€20▲
Recurring financial income75€8€20▲
Financial charges65/66B€0.02m€0.02m▲
Recurring financial charges65€0.02m€0.02m▲
Non-recurring financial charges66B€0-
Profit (loss) for the period before taxes9903€0.04m€0.06m▲
Income taxes67/77€0.01m€0.01m▲
Profit (loss) for the period9904€0.03m€0.05m▲
Profit (loss) for the period to be appropriated9905€0.03m€0.05m▲
Appropriation of the result
Profit (loss) to be appropriated9906€0.03m€0.05m▲
Transfer to equity691/2€0.03m€0.05m▲
To other reserves6921€0.03m€0.05m▲

The notes to these accounts (15 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2019202020212022202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2,347€92,567€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€21,352€138,984€240,002€244,765€178,554€195,962€199,962▲ 2.0%
Operating profit (loss)9901€18,260€44,617€142,244€165,025€68,246€60,086€75,696▲ 26.0%
Financial income75/76B--€1€1€45€8€20▲ 160%
Recurring financial income75-€76€1€1€45€8€20▲ 160%
Financial charges65/66B--€13,332€12,463€12,855€15,391€15,688▲ 1.9%
Recurring financial charges65€82€9,057€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€18,178€35,637€128,913€152,562€55,436€44,703€60,028▲ 34.3%
Income taxes67/77€4,805€8,112€28,353€35,969€13,368€10,701€14,567▲ 36.1%
Profit (loss) for the period9904€13,372€27,525€100,561€116,593€42,068€34,002€45,460▲ 33.7%
Profit (loss) for the period to be appropriated9905€13,372€27,525€100,561€116,593€42,068€34,002€45,460▲ 33.7%
Line2019202020212022202320242025Change
Assets
Total assets20/58€0.03m€1.3m€1.6m€2.3m€2.4m€2.4m€2.3m▼ 3.8%
Fixed assets21/28€0.003m€1.2m€1.4m€2.2m€2.3m€2.3m€2.2m▼ 2.7%
Tangible fixed assets22/27€0.003m€1.2m€1.4m€2.2m€2.3m€2.3m€2.2m▼ 2.7%
Land and buildings22--€0.2m€0.3m€0.3m€0.3m€0.3m▼ 2.9%
Furniture and vehicles24--€0.004m€0.004m€0.03m€0.04m€0.04m▼ 6.8%
Other tangible fixed assets26--€1.2m€1.8m€2.0m€1.9m€1.8m▼ 2.6%
Financial fixed assets28---€0.001m€0.001m€0.001m€0.001m=
Current assets29/58€0.02m€0.08m€0.2m€0.09m€0.1m€0.1m€0.07m▼ 29.5%
Amounts receivable within one year40/41€0.003m€0.03m€0.02m€0.06m€0.07m€0.07m€0.05m▼ 30.8%
Trade receivables40--€0.02m€0.03m€0.02m€0.03m€0.03m▼ 8.9%
Other amounts receivable41--€60€0.03m€0.05m€0.04m€0.02m▼ 46.8%
Cash at bank and in hand54/58€0.02m€0.06m€0.2m€0.009m€0.007m€0.02m€0.02m▼ 28.2%
Deferred charges and accrued income490/1---€0.02m€0.02m€0.002m€0.002m▲ 3.3%
Equity and liabilities
Total equity and liabilities10/49€0.03m€1.3m€1.6m€2.3m€2.4m€2.4m€2.3m▼ 3.8%
Equity10/15€0.02m€0.05m€0.1m€0.3m€0.3m€0.3m€0.4m▲ 13.4%
Contributions10/11€0.006m-€0.006m€0.006m€0.006m€0.006m€0.006m=
Reserves13€0.01m€0.04m€0.1m€0.3m€0.3m€0.3m€0.4m▲ 13.6%
Non-distributable reserves130/1--€0.002m€0.002m€0---
Reserves not available under the articles1311--€0.002m€0.002m€0---
Distributable reserves133--€0.1m€0.3m€0.3m€0.3m€0.4m▲ 13.6%
Amounts payable17/49€0.008m€1.2m€1.5m€2.0m€2.1m€2.0m€1.9m▼ 6.7%
Amounts payable after more than one year17-€1.1m€1.2m€1.1m€1.0m€0.9m€0.9m▼ 7.9%
Financial debts170/4--€1.2m€1.1m€1.0m€0.9m€0.9m▼ 7.9%
Amounts payable within one year42/48€0.008m€0.2m€0.3m€0.9m€1.1m€1.1m€1.0m▼ 5.7%
Current portion of amounts payable after more than one year42--€0.07m€0.07m€0.07m€0.07m€0.07m▲ 1.0%
Financial debts43--€0.003m€0.004m€0.001m€0.001m€0.003m▲ 409%
Credit institutions430/8--€0.003m€0.004m€0.001m€0.001m€0.003m▲ 409%
Trade debts44€0.007m€0.003m€0.09m€0.2m€0.04m€0.09m€0.05m▼ 47.1%
Suppliers440/4--€0.09m€0.2m€0.04m€0.09m€0.05m▼ 47.1%
Taxes, remuneration and social security45--€0.04m€0.1m€0.05m€0.02m€0.02m▲ 8.9%
Taxes450/3--€0.04m€0.1m€0.05m€0.02m€0.02m▲ 8.9%
Other amounts payable47/48--€0.09m€0.5m€0.9m€0.9m€0.9m▼ 2.7%
Accrued charges and deferred income492/3---€348€0---
Line2019202020212022202320242025Change
Profit (loss) for the period9904€0.01m€0.03m€0.1m€0.1m€0.04m€0.03m€0.05m▲ 33.7%
+ Depreciation and write-downs630€0.002m€0.09m€0.07m€0.05m€0.1m€0.1m€0.1m▲ 4.0%
Operating cash flow (approximation)€0.02m€0.1m€0.2m€0.2m€0.1m€0.1m€0.2m▲ 10.8%
Investment in fixed assets (approximation)--€1.3m-€0.3m-€0.8m-€0.3m-€0.05m-€0.06m▼ 16.9%
Change in cash-€0.04m€0.1m-€0.2m-€0.001m€0.02m-€0.007m-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (7)
Financial year Type Filed Reference
31-12-2025 micro format 01-06-2026 2026-00128640
31-12-2024 micro format 20-06-2025 2025-00162995
31-12-2023 micro format 04-07-2024 2024-00206171
31-12-2022 micro format 03-07-2023 2023-00198876
31-12-2021 micro format 29-07-2022 2022-20242747
31-12-2020 micro format 21-06-2021 2021-22400502
31-12-2019 micro format 16-06-2020 2020-17700494

Similar companies · same sector, comparable size

Of the 6,092 active companies whose main activity is veterinary services (NACE 75000), figures are known for 2,010. 1,480 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.