EQUINE CARE GROUP

Active

Public limited companyfounded 2021active for 5 yearsPaalstraat 8, 3560 Lummen, Belgium17 active companies are registered at this addressKBO/BCE: BE 0762.699.617

From 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 is growing by about 63% per year across the filed financial years. 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).

Risk analysisFollow Report Compare

EQUINE CARE GROUPActiveChecked score 69/100

Risk analysis Report Compare

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

Company details

Who decides

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

Auditor: BDO BEDRIJFSREVISOREN-BDO REVISEURS D'ENTREPRISES

Shareholders

ECG Internationalconsolidatesannual accounts 2025
SHATAL22.86%annual accounts 2025
Gimv Healthcare Invest 202418.6%annual accounts 2025

Holdings: Shares in 6 companies including ECG Fertility and ECG Labs

Board & ownership

How it is doing

69 Healthy Checked score 2025

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 22 days early

Filed on 21-10-2026at the National Bank

Financials

Why 69raises riskLiquidity: current ratio 0.93, cash €149,839, halvedLast filed accounts filed 82 days late; 2 of the last 3 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 better than 65% of its sector peers (NACE 68, micro)

Every signal that counts is listed under Signals.

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, 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).

Sector median 0.2% (26,628 companies, NACE 68, micro)

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 insufficient (current ratio 0.93, compared with 3.99 in 2024, below 1; short-term debt: 5.2% and cash: 0.1% of total assets), and 7.2% of the assets are financed with debt and provisions.

How it is calculated

The band follows from the bankruptcy probability, on a scale where 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): better than 91% 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.

lowers riskraises riskneutral

Liquidity: current ratio 0.93, cash €149,839, halved

NBB · annual accounts

Last filed accounts filed 82 days late; 2 of the last 3 late

NBB · filings

Sector: Real estate activities (NACE 68)

KBO

Size: turnover €8.4m, 9.5 FTE, total assets €165.9m, files consolidated accounts

Companies of this size fail less often; how much that weighs depends on the rest of its profile.

NBB · annual accounts

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 filings

Deviation 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

This company filed its last 5 accounts on average 1 day before the deadline; the sector median (NACE 68) for financial year 2024 is 7 days before the deadline, and 36% of those companies filed late.

Searched, nothing found (2)

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 months

Where today falls in the filing period

01-11-2026 today31-12-2026 year end31-07-2027 deadline

No strike-offs in the KBO publications

Searched since 2021.

KBO publications · our coverage

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

Key facts about EQUINE CARE GROUP

What is the company number of EQUINE CARE GROUP?: 0762.699.617. In Belgium the VAT number is the company 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?: Public limited company (NV).
When was EQUINE CARE GROUP 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?: On average 9.5 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of EQUINE CARE GROUP?: €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?: By 31-07-2027, for financial year 2026.Timeline