Skip to content

EQUINOBLI

Active
Private limited companyfounded 1994active for 32 yearsPaperrestraat(O) 4, 8553 Zwevegem, BelgiumKBO/BCE: BE 0453.103.925
Summary

EQUINOBLI has been active since 1994 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€13,156) and a net result of -€9,006. Equity has been shrinking by about 17% per year since 2018. Its solvency ranks better than 24% of 2,865 sector peers (NACE 93, financial year 2025). The computed 12-month bankruptcy probability is 0.7% (low).

Overview

Official details

Source: KBO
Status
Active since 15-07-1994 Normal situation
Activity
Equestrian clubs NACE 93127and 1 other
Establishment unit
2.068.707.221 8553 Zwevegem, since 21-10-1994
Financial year end
31 December
Peppol
Reachable since 24-12-2025

Board and ownership

Shareholders
  • CSAT· score 8830-09-2022 annual accounts of CSAT

Financial position

53 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
0.7%
Annual accounts 2025
Gross margin
€36,140
Turnover
≈ €150,000
estimated
Loss
€9,006
▼ 86.1%
Equity
-€13,156
▼ 217%
Total assets
€312,006
▼ 8.2%
  • Negative equity on 31-12-2025
  • 2025 accounts filed 31 days after the deadline
Filed on 31-08-2026
Score breakdownraises riskCapped at 59: negative equityLast filed accounts filed 31 days late; 2 of the last 3 accounts lateNegative equity -€13,156lowers riskSize: total assets €312,006Founded in 1994Show the evidence

Checked score

Score 2025
53 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 15% of micro companies in sports and recreation (NACE 93)
Negative equity caps the score at 59. Every signal that counts is listed under Signals.
Financial strength · tick: 2024
Weak
Solvency 21-3
equity -4.2% of total assets
Liquidity 4+4
short-term debt 104.2% · cash 3.4%
Profitability 32+32
return on assets -2.9%
Bankruptcy probability within 12 months
0.7% Low
0%0.5%1.5%4%10%≥ 25%

About 7 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.3% (4,268 companies, NACE 93, micro)
Last 24 months 12-2024: 2.3% 01-2025: 2.3%● unchanged vs 12-2024 02-2025: 2.3%● unchanged vs 01-2025 03-2025: 2.3%● unchanged vs 02-2025 04-2025: 2.2%▼ -0.1 percentage points vs 03-2025 05-2025: 2.1%▼ -0.1 percentage points vs 04-2025 06-2025: 2.0%▼ -0.1 percentage points vs 05-2025 07-2025: 2.3%▲ +0.3 percentage points vs 06-2025 08-2025: 2.6%▲ +0.3 percentage points vs 07-2025 09-2025: 2.8%▲ +0.2 percentage points vs 08-2025 10-2025: 3.0%▲ +0.2 percentage points vs 09-2025 11-2025: 2.9%▼ -0.1 percentage points vs 10-2025 12-2025: 2.9%● unchanged vs 11-2025 01-2026: 2.9%● unchanged vs 12-2025 02-2026: 2.9%● unchanged vs 01-2026 03-2026: 2.9%● unchanged vs 02-2026 04-2026: 2.9%● unchanged vs 03-2026 05-2026: 2.9%● unchanged vs 04-2026 06-2026: 2.7%▼ -0.2 percentage points vs 05-2026 07-2026: 2.7%● unchanged vs 06-2026 08-2026: 3.2%▲ +0.5 percentage points vs 07-2026highest value 09-2026: 0.7%▼ -2.5 percentage points vs 08-2026 10-2026: 0.7%● unchanged vs 09-2026lowest value 11-2026: 0.7%● unchanged vs 10-2026lowest value
No credit on open account
Liquidity is insufficient, with a current ratio of 0.22 (0.2 in 2024), below 1. Short-term debt is 104.2% and cash 3.4% of total assets. Equity is negative.
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 93, micro). It does better than 24% of them on solvency, 7% on liquidity, 27% on profitability and 3% 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).

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Six signals.
lowers riskraises risk
lowers risk · Size: total assets €312,006
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 · Last filed accounts filed 31 days late; 2 of the last 3 accounts late
NBB · filings
lowers risk · Founded in 1994
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Negative equity -€13,156
NBB · annual accounts
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
1819202122232425
2018 to 2025 · latest year -€13,156
raises risk · 2025 accounts filed 31 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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 · 10 filings
Deviation from the deadline
2025
31 days late
2024
61 days late
2023
27 days late
2022
31 days late
2021
31 days late
2020
143 days late
2019
102 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 61 days after the deadline. In the sector (NACE 93), the median for financial year 2024 was 1 day before the deadline, and 42% 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 31 August (5 of the last 5 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

  • Risk: Negative equitydebts exceed assets in financial year 2025 -€13,156 View
  • Risk: 3 loss-making years in a rowloss in financial year 2025 -€9,006 View
  • Positive: Result rose in 2025from -€64,691 to -€9,006 ▲ 86.1% View

Recent changes

  1. · Gazette deed Resignation: Noa Casier (director)
  2. · Gazette deed Company renamed from CSAT to EQUINOBLIChange of role: CASIER Vincent Yvan Jean-Marie, from niet statutaire zaakvoerder to statutory director · Appointment: Noa Casier (director)
  3. · Gazette deed Incorporation
All 16 events

Comparable companies

These companies have the same main activity as EQUINOBLI: equestrian clubs (NACE 93127). They are comparable in size and age: total assets between €207,000 and €438,000, founded between 1987 and 2000.

CompanyTotal assetsGross margin
EQUINOBLI Zwevegem€312,006€36,140
EPONA ST Kortrijk€437,682€27,981
BAILLIEU ROGER Blankenberge€293,863€23,467
EQUI-GENETIC Sint-Niklaas€339,695€40,287
Ecuries Saint-Martin Merbes-le-Château€259,268€32,593
PEGASUS, THE FLYING HORSE Sint-Pieters-Leeuw€207,147€38,654
ECURIE VALENTINE STEEMAN Braine-le-Comte€340,731€65,424
Full comparison

Key facts about EQUINOBLI

What is the company number of EQUINOBLI?
The company number of EQUINOBLI is 0453.103.925. The VAT number is the same number with BE in front: BE 0453.103.925.
Where is EQUINOBLI based?
The registered office is at Paperrestraat(O) 4, 8553 Zwevegem.Company details
What does EQUINOBLI do?
According to the KBO register, the main activity is equestrian clubs (NACE 93127).
What is the legal form of EQUINOBLI?
The legal form of EQUINOBLI is Private limited company (BV).
When was EQUINOBLI founded?
EQUINOBLI was founded on 15-07-1994.
Is EQUINOBLI still active?
Yes, EQUINOBLI is an active enterprise in the KBO register.
What is the turnover of EQUINOBLI?
The turnover in financial year 2025 is ≈ €150,000. This figure is estimated from the gross margin of €36,140 and 2,954 comparable companies of the same size. It probably lies between €87,000 and €260,000. It is a rough estimate.Financials
Is EQUINOBLI profitable?
In financial year 2025, EQUINOBLI made a loss of €9,006.
Where can I find the annual accounts of EQUINOBLI?
EQUINOBLI filed 31 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of EQUINOBLI due?
EQUINOBLI must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

Next steps

See how customers, suppliers and banks see your own company and what to improve first.

Keep this company with today's facts in a case file.