EQUINE CARE GROUP
ActiveFrom the official registers: KBO 8 annual accounts at the National Bank publications in the Belgian Official Gazette
Summary
EQUINE CARE GROUP has been active since 2021 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €154.0m and a net result of €999,653, of which €2.8m non-recurring income. Equity has been growing by about 63% per year since 2021. Its solvency ranks better than 89% of 5,789 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Overview
Official details
KBO- Status
- Active since 29-01-2021 Normal situation
- Legal form
- Public limited company
- Registered office
- Paalstraat 8, 3560 Lummen
- Activity
- Renting and operating of own or leased residential real estate, excluding social housing NACE 68201and 1 other
- Establishment unit
- 2.312.729.032 3560 Lummen, since 29-01-2021
- Financial year end
- 31 December
- Peppol
- Reachable since 09-06-2026
Board and ownership
Board
- Filip VandenbergheDirector · since 15-10-2025
- Frederik BruyninxDirector · since 15-10-2025
- KAFINCODirector · since 15-10-2025 · permanent representative Julie Santens
- T&K PartnersDirector · since 15-10-2025 · permanent representative Tom Mariën
Shareholders
- Holdings
- Shares in 6 companies including ECG Fertility and ECG Labs
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.8%
Annual accounts 2025
- Turnover
- €8.4m
- ▲ 409%
- Profit
- €999,653
- ▲ 147×
- Equity
- €154.0m
- ▲ 153%
- Total assets
- €165.9m
- ▲ 168%
- Staff
- 9.5 FTE
- ▲ 50.8%
Standalone figures, without subsidiaries2025 accounts filed 22 days before the deadline
Filed on 21-10-2026at the National Bank
Score breakdownraises riskLiquidity: current ratio 0.93, cash €149,839, halvedLast filed accounts filed 82 days late; 2 of the last 3 accounts latelowers riskSector: Real estate activities (NACE 68)Size: turnover €8.4m, 9.5 FTE, total assets €165.9m, files consolidated accountsShow the evidence
Checked score
Score 2025
69
/ 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially stronger than 65% of micro companies in real estate (NACE 68)
Financial strength · tick: 2024
Average
Solvency
100=
equity 92.8% of total assets
Liquidity
50-1
short-term debt 5.2% · cash 0.1%
Profitability
23-22
return on assets 0.6%
Bankruptcy probability within 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
About 8 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 0.9%
12-2024: 0.9%● unchanged vs 11-2024
01-2025: 0.9%● unchanged vs 12-2024
02-2025: 0.9%● unchanged vs 01-2025
03-2025: 0.9%● unchanged vs 02-2025
04-2025: 0.9%● unchanged vs 03-2025
05-2025: 0.9%● unchanged vs 04-2025
06-2025: 1.0%▲ +0.1 percentage points vs 05-2025highest value
07-2025: 0.9%▼ -0.1 percentage points vs 06-2025
08-2025: 0.3%▼ -0.6 percentage points vs 07-2025
09-2025: 0.3%● unchanged vs 08-2025
10-2025: 0.3%● unchanged vs 09-2025
11-2025: 0.3%● unchanged vs 10-2025
12-2025: 0.3%● unchanged vs 11-2025
01-2026: 0.3%● unchanged vs 12-2025
02-2026: 0.3%● unchanged vs 01-2026
03-2026: 0.3%● unchanged vs 02-2026
04-2026: 0.3%● unchanged vs 03-2026
05-2026: 0.3%● unchanged vs 04-2026lowest value
06-2026: 0.3%● unchanged vs 05-2026
07-2026: 0.4%▲ +0.1 percentage points vs 06-2026
08-2026: 0.6%▲ +0.2 percentage points vs 07-2026
09-2026: 0.7%▲ +0.1 percentage points vs 08-2026
10-2026: 0.8%▲ +0.1 percentage points vs 09-2026
Credit of up to €800,000 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.93 (3.99 in 2024), below 1. Short-term debt is 5.2% and cash 0.1% of total assets. 7.2% of the assets are financed with debt and provisions.
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 68, micro). It does better than 91% of them on solvency, 51% on liquidity, 22% on profitability and 96% on growth.
The bankruptcy probability was computed on 31-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
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Signals
Five signals.
lowers riskraises riskneutral
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 09-07-2026, 22 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
22 days early
2024
42 days early
2023
112 days late
2022
19 days early
2021
32 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 5 accounts on average 1 day before the deadline. In the sector (NACE 68), the median for financial year 2024 was 7 days before the deadline, and 36% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 9 July (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsWhere today falls in the filing period
01-11-2026 today31-12-2026 year end31-07-2027 deadline
Key points
- Positive: Turnover rose in 2025from €1.7m to €8.4m ▲ 409% View
- Caution: Directors leftlatest change 05-11-2025 · 4 in office 4 left View
- Positive: Largest company by total assets in Lummen, Real estate sectorin the Checked rankings No. 1 View
- Positive: 5 profitable years in a rowprofit 2025: €999,653, mostly one-off 5 years View
Documents
Annual accounts at the NBB
- Annual accounts 2025filed on 21-10-2026
- Consolidated accounts 2025filed on 09-07-2026
- Annual accounts 2024filed on 26-06-2025
- Consolidated accounts 2024filed on 19-06-2025
Acts in the Belgian Official Gazette
- Resignations & appointmentsact of 06-01-2026
- Capital & shares · Amendment of the articles · Resignations & appointmentsact of 05-11-2025
- Capital & shares · Amendment of the articlesact of 30-10-2025
- Capital & shares · Amendment of the articlesact of 29-07-2025
Articles and registers
- Coordinated articles of associationnotaries' database
- Entry in the KBO registerKBO Public Search
Key facts about EQUINE CARE GROUP
- What is the company number of EQUINE CARE GROUP?
- The company number of EQUINE CARE GROUP is 0762.699.617. The VAT number is the same number with BE in front: BE 0762.699.617.
- Where is EQUINE CARE GROUP based?
- The registered office is at Paalstraat 8, 3560 Lummen.Company details
- What does EQUINE CARE GROUP do?
- According to the KBO register, the main activity is renting and operating of own or leased residential real estate, excluding social housing (NACE 68201).
- What is the legal form of EQUINE CARE GROUP?
- The legal form of EQUINE CARE GROUP is Public limited company (NV).
- When was EQUINE CARE GROUP founded?
- EQUINE CARE GROUP was founded on 29-01-2021.
- Is EQUINE CARE GROUP still active?
- Yes, EQUINE CARE GROUP is an active enterprise in the KBO register.
- How many employees does EQUINE CARE GROUP have?
- EQUINE CARE GROUP had an average of 9.5 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of EQUINE CARE GROUP?
- The turnover of EQUINE CARE GROUP was €8.4m in financial year 2025, according to the filed annual accounts.
- Is EQUINE CARE GROUP profitable?
- In financial year 2025, EQUINE CARE GROUP made a profit of €999,653.
- Where can I find the annual accounts of EQUINE CARE GROUP?
- EQUINE CARE GROUP filed 8 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts at the National Bank
- When are the next annual accounts of EQUINE CARE GROUP due?
- EQUINE CARE GROUP must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Companies linked to EQUINE CARE GROUP
Shareholders
- SHATAL22.86%
- Gimv Healthcare Invest 202418.6%
Subsidiaries and holdings
- ECG Fertility100%
- ECG Labs100%
- ECG Medical Care100%
- ECG Nutrition and Supplements100%
- ECG Ambulatory Care1.37%
- ECG Clinics0.63%
Comparable companies
These companies have the same main activity as EQUINE CARE GROUP: renting and operating of own or leased residential real estate, excluding social housing (NACE 68201). They are comparable in size and age: total assets between €67m and €692m, founded between 2012 and 2022.
| Company | Total assets | Turnover |
|---|---|---|
| EQUINE CARE GROUP Lummen | €165.9m | €8.4m |
| Erste TENVA Property Machelen (Brab.) | €122.4m | €9.3m |
| Gare Maritime Brussel | €174.2m | €11.8m |
| Apollo Bidco Gent | €691.6m | €6.3m |
| Stéphanie Square Brussel | €99.9m | €3.2m |
| BeHousing Groep Halen | €66.6m | - |
| Terhills Hasselt | €135.1m | €2.0m |
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