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Equinex

Active
Private limited companyfounded 2011active for 15 yearsWaversesteenweg 50, 2580 Putte, BelgiumKBO/BCE: BE 0838.975.863
Summary

The computed 12-month bankruptcy probability of Equinex is 5.8% (elevated). The 2025 annual accounts show equity of €2.4m and a net result of €199,743. Equity has been growing by about 7.8% per year since 2023. Its solvency ranks better than 36% of 12,775 sector peers (NACE 47, financial year 2025). The company has been active since 2011 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Official details

Source: KBO
Status
Active since 25-08-2011 Normal situation
Activity
Retail sale of cars and light vans (up to 3.5 tonnes) NACE 47811and 6 others
Joint committee
200 Aanvullend Paritair Comité voor de bedienden · annual accounts 2025
Establishment unit
2.202.979.866 2580 Putte, since 11-10-2011
Financial year end
31 December
Peppol
Reachable since 31-08-2023

Board and ownership

Board

Financial position

36 Weak Checked score 2025
Bankruptcy probabilitywithin 12 months
5.8%
Annual accounts 2025
Gross margin
€846,963
▼ 8.5%
Turnover
≈ €7.3m
estimated
Profit
€199,743
▼ 22.2%
Equity
€2.4m
▲ 6.7%
Total assets
€9.9m
▼ 1.6%
Employees on 31-12-2025
1
=
  • 2025 accounts filed 73 days after the deadline
Filed on 12-10-2026
Score breakdownraises risk3 changes of registered office in 24 monthsLiquidity: current ratio 1.38, cash €44,396, halvedLast filed accounts filed 73 days late; 3 of the last 3 accounts latelowers riskSize: 0.2 FTE, total assets €9.9mShow the evidence

Checked score

Score 2025
36 / 100
Weak
Probability in this band: 4.2% to 15.0%
Financially stronger than 38% of micro companies in retail trade (NACE 47)
Financial strength · tick: 2024
Weak
Solvency 49+2
equity 24.1% of total assets
Liquidity 30=
short-term debt 43.0% · cash 0.4%
Profitability 39+3
return on assets 2.0%
Bankruptcy probability within 12 months
5.8% Elevated
0%0.5%1.5%4%10%≥ 25%

About 6 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.6% (40,272 companies, NACE 47, micro)
Last 24 months 12-2024: 1.1% 01-2025: 1.1%● unchanged vs 12-2024lowest value 02-2025: 1.1%● unchanged vs 01-2025 03-2025: 1.2%▲ +0.1 percentage points vs 02-2025 04-2025: 1.3%▲ +0.1 percentage points vs 03-2025 05-2025: 1.5%▲ +0.2 percentage points vs 04-2025 06-2025: 1.8%▲ +0.3 percentage points vs 05-2025 07-2025: 1.9%▲ +0.1 percentage points vs 06-2025 08-2025: 2.4%▲ +0.5 percentage points vs 07-2025 09-2025: 3.0%▲ +0.6 percentage points vs 08-2025 10-2025: 4.8%▲ +1.8 percentage points vs 09-2025 11-2025: 5.0%▲ +0.2 percentage points vs 10-2025 12-2025: 1.9%▼ -3.1 percentage points vs 11-2025 01-2026: 6.0%▲ +4.1 percentage points vs 12-2025 02-2026: 6.0%● unchanged vs 01-2026 03-2026: 6.1%▲ +0.1 percentage points vs 02-2026 04-2026: 6.3%▲ +0.2 percentage points vs 03-2026 05-2026: 6.4%▲ +0.1 percentage points vs 04-2026 06-2026: 6.6%▲ +0.2 percentage points vs 05-2026 07-2026: 7.1%▲ +0.5 percentage points vs 06-2026 08-2026: 8.0%▲ +0.9 percentage points vs 07-2026 09-2026: 9.4%▲ +1.4 percentage points vs 08-2026highest value 10-2026: 5.8%▼ -3.6 percentage points vs 09-2026 11-2026: 5.8%● unchanged vs 10-2026
Credit of up to €85,000 on 30-day terms, only on tighter conditions: elevated estimated bankruptcy probability calls for adjusted credit terms
Liquidity is tight, with a current ratio of 1.38 (1.27 in 2024), below the usual 1.5. Short-term debt is 43% and cash 0.4% of total assets. 75.9% 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 47, micro). It does better than 40% of them on solvency, 27% on liquidity, 30% on profitability and 55% on growth.

The bankruptcy probability was computed on 01-11-2026 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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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises risk
raises risk · 3 changes of registered office in 24 months
Belgian Official Gazette
raises risk · Liquidity: current ratio 1.38, cash €44,396, halved
NBB · annual accounts
raises risk · Last filed accounts filed 73 days late; 3 of the last 3 accounts late
NBB · filings
lowers risk · Size: 0.2 FTE, total assets €9.9m
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · 2025 accounts filed 73 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 12-10-2026, 73 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 3 filings
Deviation from the deadline
2025
73 days late
2024
91 days late
2023
68 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 3 accounts on average 77 days after the deadline. In the sector (NACE 47), the median for financial year 2024 was on the deadline day, and 47% 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 12 October (3 of the last 3 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
02-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: Largest company by total assets in Putte, Wholesale and retail trade sectorin the Checked rankings No. 1 View

Recent changes

  1. · Gazette deed Registered office moved to Putte
  2. · Gazette deed Registered office · Miscellaneous
  3. · Gazette deed Registered office moved from Putte to Knokke
All 10 events

Comparable companies

These companies have the same main activity as Equinex: retail sale of cars and light vans (up to 3.5 tonnes) (NACE 47811). They are comparable in size and age: total assets between €3.7m and €15m, founded between 2000 and 2014.

CompanyTotal assetsGross margin
Equinex Putte€9.9m€0.8m
Matenau Lille€14.7m€1.1m
GENT MOTORS TRADE Gent€6.5m€0.5m
VAN ISTERBEEK Sint-Pieters-Leeuw€5.2m€0.5m
AB Putte€4.8m€0.7m
XOTO Jabbeke€8.9m€1.2m
Leimbergen Aalst€3.7m€0.4m
Full comparison

Key facts about Equinex

What is the company number of Equinex?
The company number of Equinex is 0838.975.863. The VAT number is the same number with BE in front: BE 0838.975.863.
Where is Equinex based?
The registered office is at Waversesteenweg 50, 2580 Putte.Company details
What does Equinex do?
According to the KBO register, the main activity is retail sale of cars and light vans (up to 3.5 tonnes) (NACE 47811).
What is the legal form of Equinex?
The legal form of Equinex is Private limited company (BV).
When was Equinex founded?
Equinex was founded on 25-08-2011.
Is Equinex still active?
Yes, Equinex is an active enterprise in the KBO register.
How many employees does Equinex have?
Equinex had an average of 0.2 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does Equinex fall under?
In its 2025 annual accounts, Equinex states joint committee 200 (Aanvullend Paritair Comité voor de bedienden).
What is the turnover of Equinex?
The turnover in financial year 2025 is ≈ €7.3m. This figure is estimated from the gross margin of €846,963 and 35 comparable companies (NACE 47811). It probably lies between €3.8m and €11.0m.
Is Equinex profitable?
In financial year 2025, Equinex made a profit of €199,743.
Where can I find the annual accounts of Equinex?
Equinex filed 3 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of Equinex due?
Equinex must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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