Equip3
ActiveSummary
Equip3 has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €97,897 and a net result of €3,509. Equity is growing by ~6% per year across the filed fiscal years. Its solvency ranks better than 36% of 14173 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability34▲+7
Solvency39=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4,500 at 30 days acceptable
Liquidity short (current ratio 0.61 against 0.61 in 2024; short-term debt: 86.2% and cash: 2.8% of total assets), and 86.5% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Real estate activities (NACE 68)
about 43% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
13.5%
Return on assets
0.5%
Age of the figures
15 mo
neutral · A punctual record breaks
This company filed 7 consecutive financial years on time. The year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 02-02-2026, 2 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 8 filingsDeviation from the deadline
2025
2 d late
2024
1 d early
2023
on the day
2022
on the day
2021
on the day
2020
3 d early
2019
63 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 9 days before the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 36% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close27-09-2026 today31-01-2027 deadline
History
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Financials · fiscal year 2025, micro schema
In the rankings
#10 company by total assets in Seneffe, Real estate sector
Equity
€97,897▲ 3.7%
2024 · €94,388
Total assets
€724,788▲ 5.1%
2024 · €689,763
Net result
€3,509
2024 · -€7,491
Working capital
-€245,476▼ 5.5%
2024 · -€232,696
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€1,945€17,203▲ 784%€31,244▲ 81.6%€19,970▼ 36.1%€24,803▲ 24.2%
Net result-€2,795▲ 72.5%€12,413€20,303▲ 63.6%-€7,491€3,509
Equity€69,163▼ 3.9%€81,576▲ 17.9%€101,879▲ 24.9%€94,388▼ 7.4%€97,897▲ 3.7%
Total assets€663,416▲ 1.0%€689,430▲ 3.9%€701,040▲ 1.7%€689,763▼ 1.6%€724,788▲ 5.1%
Debt€594,253▲ 1.6%€607,854▲ 2.3%€599,161▼ 1.4%€595,374▼ 0.6%€626,891▲ 5.3%
Working capital-€244,650-€241,535▲ 1.3%-€237,311▲ 1.7%-€232,696▲ 1.9%-€245,476▼ 5.5%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 24% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €724,788
Fixed assets
€345,231 ▲ 5.5%
Current assets
€379,557 ▲ 4.7%
Equity and liabilities €724,788
Equity
€97,897 ▲ 3.7%
Debt
€626,891 ▲ 5.3%
Debt's share of the balance-sheet total rises from 86.3% to 86.5%. Equity and debt are higher.
Key figures and ratios
EBITDA
€36,835▲
2024 · €31,999
Cash flow
€15,541▲
2024 · €4,538
Current ratio
0.61▼
2024 · 0.61
Quick ratio
0.05▲
2024 · 0.03
Debt to equity
6.40▲
2024 · 6.31
ROE
3.6%▲
2024 · -7.9%
ROA
0.5%▲
2024 · -1.1%
Interest coverage
1.73▲
2024 · 1.17
Debt ≤ 1 year
€625,033▲
2024 · €595,105
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 2,365 companies that looked in July 2024 the way this one looks now, 1.7% went bankrupt within 24 months and 97% are still going.
- Small
- 5 to 10 years old
- solvency 10 to 30%
- a profit under 5% of the balance sheet
1.7%
went bankrupt
1.4%
stopped otherwise
97%
still going
A further 0.3% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.4% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 2,365 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €6,919 | €10,438 | €11,986 | €12,029 | €12,032 | = |
| Other operating charges640/8 | - | €438 | €546 | €566 | €2,232 | ▲ 294% |
| Gross operating margin9900 | €9,372 | €28,079 | €43,776 | €32,565 | €39,067 | ▲ 20.0% |
| Operating profit (loss)9901 | €1,945 | €17,203 | €31,244 | €19,970 | €24,803 | ▲ 24.2% |
| Financial income75/76B | - | - | - | - | €50 | - |
| Recurring financial income75 | - | - | - | - | €50 | - |
| Financial charges65/66B | - | €4,790 | €10,301 | €27,461 | €21,345 | ▼ 22.3% |
| Recurring financial charges65 | €4,740 | €4,790 | €10,301 | €27,461 | €21,345 | ▼ 22.3% |
| Profit (loss) for the period before taxes9903 | -€2,795 | €12,413 | €20,944 | -€7,491 | €3,509 | ▲ 147% |
| Income taxes67/77 | - | - | €641 | €0 | - | - |
| Profit (loss) for the period9904 | -€2,795 | €12,413 | €20,303 | -€7,491 | €3,509 | ▲ 147% |
| Profit (loss) for the period to be appropriated9905 | -€2,795 | €12,413 | €20,303 | -€7,491 | €3,509 | ▲ 147% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €663,416 | €689,430 | €701,040 | €689,763 | €724,788 | ▲ 5.1% |
| Fixed assets21/28 | €313,986 | €323,285 | €339,383 | €327,354 | €345,231 | ▲ 5.5% |
| Tangible fixed assets22/27 | €313,986 | €323,285 | €339,383 | €327,354 | €345,231 | ▲ 5.5% |
| Land and buildings22 | - | €323,285 | €339,383 | €327,354 | €345,231 | ▲ 5.5% |
| Current assets29/58 | €349,430 | €366,145 | €361,657 | €362,409 | €379,557 | ▲ 4.7% |
| Stocks and contracts in progress3 | €321,739 | €341,476 | €346,100 | €346,100 | €346,100 | = |
| Stocks30/36 | - | €341,476 | €346,100 | €346,100 | €346,100 | = |
| Amounts receivable within one year40/41 | €17,505 | €14,549 | €9,684 | €9,122 | €10,699 | ▲ 17.3% |
| Trade receivables40 | - | €3,363 | €100 | €0 | - | - |
| Other amounts receivable41 | - | €11,187 | €9,584 | €9,122 | €10,699 | ▲ 17.3% |
| Cash at bank and in hand54/58 | €9,839 | €9,639 | €5,401 | €6,425 | €20,435 | ▲ 218% |
| Deferred charges and accrued income490/1 | - | €481 | €473 | €761 | €2,323 | ▲ 205% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €663,416 | €689,430 | €701,040 | €689,763 | €724,788 | ▲ 5.1% |
| Equity10/15 | €69,163 | €81,576 | €101,879 | €94,388 | €97,897 | ▲ 3.7% |
| Contributions10/11 | - | €100,000 | €100,000 | €100,000 | €100,000 | = |
| Profit (loss) carried forward14 | -€30,837 | -€18,424 | €1,879 | -€5,612 | -€2,103 | ▲ 62.5% |
| Amounts payable17/49 | €594,253 | €607,854 | €599,161 | €595,374 | €626,891 | ▲ 5.3% |
| Amounts payable within one year42/48 | €594,079 | €607,680 | €598,969 | €595,105 | €625,033 | ▲ 5.0% |
| Current portion of amounts payable after more than one year42 | - | €470,000 | €470,000 | €470,000 | €472,000 | ▲ 0.4% |
| Trade debts44 | €11,293 | €12,894 | €1,285 | €269 | €2,188 | ▲ 714% |
| Suppliers440/4 | - | €12,894 | €1,285 | €269 | €2,188 | ▲ 714% |
| Advances received on contracts in progress46 | - | - | - | €50 | €0 | ▼ 100% |
| Taxes, remuneration and social security45 | - | - | €2,897 | €0 | €29,909 | - |
| Taxes450/3 | - | - | €2,897 | €0 | €29,909 | - |
| Other amounts payable47/48 | - | €124,786 | €124,786 | €124,786 | €120,936 | ▼ 3.1% |
| Accrued charges and deferred income492/3 | - | €174 | €192 | €270 | €1,858 | ▲ 589% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€2,795 | €12,413 | €20,303 | -€7,491 | €3,509 | ▲ 147% |
| + Depreciation and write-downs630 | €6,919 | €10,438 | €11,986 | €12,029 | €12,032 | = |
| Operating cash flow (approximation) | €4,125 | €22,852 | €32,289 | €4,538 | €15,541 | ▲ 242% |
| Investment in fixed assets (approximation) | - | -€19,737 | -€28,083 | €0 | -€29,909 | - |
| Change in cash | - | -€199 | -€4,238 | €1,024 | €14,010 | ▲ 1,268% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
02-02
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 2 days late
2025
30-06
Financial
Back to profitnet €3,509
Net result €3,509 after one loss-making year.
30-01
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-06
Financial
Highest result since 2019net €20,303 ▲63.6%
Operating result €31,244, net result €20,303, both a record.
30-06
Financial
Equity above €100,000Eq €101,879 ▲24.9%
2 profitable years in a row build equity to €101,879.
31-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-06
Financial
Back to profitnet €12,413
Net result €12,413 after 3 loss-making years.
31-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
28-01
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-06
Financial
Weakest financial yearnet -€10,161
Net result drops to -€10,161, the lowest in the series; recovery starts the following year.
2019
29-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
28-11
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
2 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Seneffe · 1 establishment unit since 2017
Ground area
4,288 m²
Building footprint
530 m²
Parcel 52003B0163/00F000, Wallonia. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
Equip3
since 20172.267.027.877
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 52003B0163/00F000 | Wallonia | 4,288 m² | 1 · 530 m² | - |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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PROJEKT³
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Of 9,699 companies in sector 68121 we hold annual accounts for 7,385. 5,302 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded16-01-2017
Fiscal year end30-06
Activities, NACEBEL 2025
68121Development of residential building projects
68122Development of non-residential building projects
68110Buying and selling of own real estate
68201Renting and operating of own or leased residential real estate, excluding social housing
68203Renting and operating of own or leased non-residential real estate, excluding land
68322Real estate appraisal on a fee or contract basis
E-invoicing
Reachable via Peppol
Peppol ID
0208:0669637619
Registered
21-11-2025
Register as of 26 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.