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Equinavet

Active
Private limited companyfounded 20242 yrs activeFontaines(Cle) 108/B, 4480 Engis, BelgiumKBO/BCE: BE 1011.209.954
Summary

Equinavet has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €50,303 and a net result of €44,303. Its solvency ranks better than 65% of 1288 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Checked score

Score 2025
Axes
Profitability100
Solvency90
Growth-
Track record67
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4,500 at 30 days acceptable
Liquidity ample (current ratio 2.85; short-term debt: 35.1% and cash: 85.1% of total assets), and 35.1% of the assets are financed with debt.
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Signals

Six 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 · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 2 years 0 10 y
raises risk · Multiple establishment units
Several establishment units mean more fixed costs, and such companies fail more often than a company with one establishment.
KBO · establishment units
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
64.9%
Return on assets
57.1%
Age of the figures
9 mo
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 17-09-2026, 48 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 · 1 filing
Deviation from the deadline
2025
48 d late
← before the deadline after the deadline →
Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 5 July 2024, Equinavet was incorporated as a Private limited company.1 The company has filed annual accounts once, for fiscal year 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2025

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Financials · fiscal year 2025, micro schema

Equity
€50,303
Total assets
€77,538
Net result
€44,303
Working capital
€50,303

Turnover and EBIT margin not published: the micro schema does not require them.

Balance-sheet composition
Equity and liabilities €77,538
Equity €50,303
Debt €27,235
Debt finances 35.1% of the balance-sheet total.
Key figures and ratios
2025 value
EBITDA
€66,077
Cash flow
€45,341
Current ratio
2.85
Debt to equity
0.54
ROE
88.1%
ROA
57.1%
Interest coverage
744.78
Debt ≤ 1 year
€27,235
Income taxes
€20,651

Peer companies

Historical observation

Of the 39,278 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
  • 2 to 5 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.8% went bankrupt
2.3% 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 lower bankruptcy probability: 0.2% 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 497,338 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% 1.9%
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 39,278 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 · 38 lines
Balance sheet Code2025
Assets
Total assets20/58€77,538
Formation expenses20€0
Current assets29/58€77,538
Stocks and contracts in progress3€0
Stocks30/36€0
Amounts receivable within one year40/41€11,567
Trade receivables40€11,355
Other amounts receivable41€212
Cash at bank and in hand54/58€65,971
Equity and liabilities
Total equity and liabilities10/49€77,538
Equity10/15€50,303
Contributions10/11€6,000
Reserves13€44,303
Distributable reserves133€44,303
Amounts payable17/49€27,235
Amounts payable within one year42/48€27,235
Trade debts44€5,406
Suppliers440/4€5,406
Taxes, remuneration and social security45€21,103
Taxes450/3€21,103
Other amounts payable47/48€726
Income statement Code2025
Non-recurring operating income76A€0
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,038
Other operating charges640/8€402
Non-recurring operating charges66A€0
Gross operating margin9900€66,479
Operating profit (loss)9901€65,039
Financial income75/76B€4
Recurring financial income75€4
Financial charges65/66B€89
Recurring financial charges65€89
Profit (loss) for the period before taxes9903€64,954
Income taxes67/77€20,651
Profit (loss) for the period9904€44,303
Profit (loss) for the period to be appropriated9905€44,303
Appropriation of the result
Profit (loss) to be appropriated9906€44,303
Transfer to equity691/2€44,303
To other reserves6921€44,303

The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Non-recurring operating income76A€0
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,038
Other operating charges640/8€402
Non-recurring operating charges66A€0
Gross operating margin9900€66,479
Operating profit (loss)9901€65,039
Financial income75/76B€4
Recurring financial income75€4
Financial charges65/66B€89
Recurring financial charges65€89
Profit (loss) for the period before taxes9903€64,954
Income taxes67/77€20,651
Profit (loss) for the period9904€44,303
Profit (loss) for the period to be appropriated9905€44,303
Line2025
Assets
Total assets20/58€77,538
Formation expenses20€0
Current assets29/58€77,538
Stocks and contracts in progress3€0
Stocks30/36€0
Amounts receivable within one year40/41€11,567
Trade receivables40€11,355
Other amounts receivable41€212
Cash at bank and in hand54/58€65,971
Equity and liabilities
Total equity and liabilities10/49€77,538
Equity10/15€50,303
Contributions10/11€6,000
Reserves13€44,303
Distributable reserves133€44,303
Amounts payable17/49€27,235
Amounts payable within one year42/48€27,235
Trade debts44€5,406
Suppliers440/4€5,406
Taxes, remuneration and social security45€21,103
Taxes450/3€21,103
Other amounts payable47/48€726
Line2025
Profit (loss) for the period9904€44,303
+ Depreciation and write-downs630€1,038
Operating cash flow (approximation)€45,341

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

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Timeline · acts, filings and financial milestones

2026
17-09
NBB filing Annual accounts filed
fiscal year 2025 · micro schema · 48 days late
NBB filing
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
1 act for this company is 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, Engis · 2 establishment units since 2024
seat establishment All 2 establishment units on the map
Ground area
1,012 m²
Building footprint
246 m²
2 parcels, Wallonia. Linked by address, not a title deed.
2 establishment units
Equivanet
Rue les Malheurs 3, 4217 HéronVeterinary services
since 20242.361.282.777
Equinavet
Fontaines(Cle) 108/B, 4480 EngisVeterinary services
since 20242.361.282.876
2 parcels
Wallonia 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
61013F0111/00A000 Wallonia 535 m² 1 · 179 m² -
61028E0128/00G003 Wallonia 477 m² 1 · 67 m² -
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Similar companies · same sector, comparable size

Of 6,089 companies in sector 75000 we hold annual accounts for 1,951. 1,638 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
Founded05-07-2024
Fiscal year end31-12
Activities, NACEBEL 2025
75000Veterinary services
Contact
E-mail eric.ghislain04@gmail.comEngis
Phone +32477524099Engis
E-invoicing
Reachable via Peppol
Peppol ID 0208:1011209954
Also 9925:BE1011209954
Registered 26-11-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 29 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.