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EQUINOXE CONSTRUCT

Active
Private limited companyfounded 2025active for 1 yearDuinenwater 2, 8300 Knokke-Heist, BelgiumKBO/BCE: BE 1019.578.777

Financials · financial year 2025, abbreviated format

Annual accounts 2025 filed on 23-07-2026 at the NBB

Equity
€41,972
Total assets
€2.3m
Net result
-€58,028
Working capital
€987,797

Turnover and EBIT margin are not published. The abbreviated format does not require them.

Balance-sheet composition
Equity and liabilities €2.3m
Equity €41,972
Debt €2.2m
Debt's share of the balance-sheet total is 98.1%.
Key figures and ratios
2025 value
Current ratio
1.78
Quick ratio
0.66
Debt to equity
52.73
ROE
-138.3%
ROA
-2.6%
Debt ≤ 1 year
€1.3m
Debt > 1 year
€945,825

Comparable companies

These companies have the same main activity as EQUINOXE CONSTRUCT: development of residential building projects (NACE 68121). They are comparable in size and age: total assets between €2m and €2.7m, founded between 2024 and 2025.

CompanyFoundedTotal assetsEquityGross marginNet resultFinancial year
EQUINOXE CONSTRUCT Knokke-Heist2025€2.3m€0.04m-€0.02m-€0.06m2025
ZICHTEN CONSTRUCT Knokke-Heist2024€2.1m€0.1m-€0.03m-€0.1m2025
Bouw & Promotie Parkhof Antwerpen2025€2.0m-€0.03m-€0.03m-€0.03m2025
RE-build1 Mechelen2025€2.0m-€0.02m-€0.004m-€0.03m2025
RIVAGE Chaudfontaine2024€2.6m-€0.07m-€0.004m-€0.08m2025
LISE Construct Kapellen2024€2.6m-€0.009m-€0.01m-€0.01m2025
SGR Finance Tubize2025€2.7m€1.5m-€0.02m-€0.04m2025

They were chosen from the 7,757 other active companies with that main activity and annual accounts from the past two years. All companies with this main activity

Companies with the same profile, two years later

Historical observation

In July 2024, 120 companies had the same profile as EQUINOXE CONSTRUCT has now. Two years later, 2.5% had gone bankrupt and 95.8% were still going.

  • Small
  • under 2 years old
  • solvency under 10%
  • a small loss
2.5% went bankrupt
1.7% stopped otherwise
95.8% was still going

The bankruptcy probability of EQUINOXE CONSTRUCT itself is lower: 0.1% within 12 months. It rests on far more data about EQUINOXE CONSTRUCT than the profile alone.

Test of the method

The method was tested on the 497,445 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the 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% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 120 companies, not a prediction for EQUINOXE CONSTRUCT. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 · 33 lines

Source: Annual accounts 2025 at the NBB, filed on 23-07-2026.

Balance sheet Code2025
Assets
Total assets20/58€2.3m
Current assets29/58€2.3m
Amounts receivable after more than one year29€0.5m
Other amounts receivable291€0.5m
Stocks and contracts in progress3€1.4m
Stocks30/36€1.4m
Amounts receivable within one year40/41€0.01m
Trade receivables40€0.01m
Other amounts receivable41€244
Cash at bank and in hand54/58€0.3m
Equity and liabilities
Total equity and liabilities10/49€2.3m
Equity10/15€0.04m
Contributions10/11€0.1m
Profit (loss) carried forward14-€0.06m
Amounts payable17/49€2.2m
Amounts payable after more than one year17€0.9m
Other amounts payable178/9€0.9m
Amounts payable within one year42/48€1.3m
Trade debts44€0.5m
Suppliers440/4€0.5m
Advances received on contracts in progress46€0.7m
Taxes, remuneration and social security45€0.04m
Taxes450/3€0.04m
Income statement Code2025
Gross operating margin9900-€0.02m
Operating profit (loss)9901-€0.02m
Financial income75/76B€0.006m
Recurring financial income75€0.006m
Financial charges65/66B€0.04m
Recurring financial charges65€0.04m
Profit (loss) for the period before taxes9903-€0.06m
Profit (loss) for the period9904-€0.06m
Profit (loss) for the period to be appropriated9905-€0.06m
Appropriation of the result
Profit (loss) to be appropriated9906-€0.06m

The notes to these accounts have 3 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Line2025
Gross operating margin9900-€19,221
Operating profit (loss)9901-€19,221
Financial income75/76B€5,787
Recurring financial income75€5,787
Financial charges65/66B€44,594
Recurring financial charges65€44,594
Profit (loss) for the period before taxes9903-€58,028
Profit (loss) for the period9904-€58,028
Profit (loss) for the period to be appropriated9905-€58,028
Line2025
Assets
Total assets20/58€2.3m
Current assets29/58€2.3m
Amounts receivable after more than one year29€0.5m
Other amounts receivable291€0.5m
Stocks and contracts in progress3€1.4m
Stocks30/36€1.4m
Amounts receivable within one year40/41€0.01m
Trade receivables40€0.01m
Other amounts receivable41€244
Cash at bank and in hand54/58€0.3m
Equity and liabilities
Total equity and liabilities10/49€2.3m
Equity10/15€0.04m
Contributions10/11€0.1m
Profit (loss) carried forward14-€0.06m
Amounts payable17/49€2.2m
Amounts payable after more than one year17€0.9m
Other amounts payable178/9€0.9m
Amounts payable within one year42/48€1.3m
Trade debts44€0.5m
Suppliers440/4€0.5m
Advances received on contracts in progress46€0.7m
Taxes, remuneration and social security45€0.04m
Taxes450/3€0.04m
Line2025
Profit (loss) for the period9904-€58,028
Operating cash flow (approximation)-€58,028

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

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Filings with the National Bank (1)
Financial year Type Filed Reference Document
31-12-2025 abbreviated format 23-07-2026 2026-00325151 NBB

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