Equiriny
ActiveSummary
Equiriny has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €28k and a net result of €7k. Equity is growing by ~36.2% per year across the filed fiscal years. Its solvency ranks better than 33% of 27965 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability79▼-12
Solvency57▼-4
Growth78=
Track record100
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1.5k at 30 days acceptable
Liquidity short (current ratio 0.7 against 0.96 in 2024; short-term debt: 47.2% and cash: 0.1% of total assets), and 68% of the assets are financed with debt.
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Signals
Three signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more 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
32%
Return on assets
8.6%
Age of the figures
9 mo
neutral · A punctual record breaks
This company filed 3 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 07-08-2026, 7 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 · 10 filingsDeviation from the deadline
2025
7 d late
2024
38 d early
2023
43 d early
2022
34 d early
2021
22 d late
2020
31 d late
2019
8 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Source amounts without an identifiable currency are assumed to be EUR.
Equity
€28k▲ 14.0%
2024 · €24k
Total assets
€86k▲ 27.0%
2024 · €68k
Net result
€7k▼ 38.8%
2024 · €12k
Working capital
€-12k▼ 989%
2024 · €-1k
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€1k▲ 61.9%€37k▲ 2,808%€20k▼ 45.4%€16k▼ 21.5%€12k▼ 22.6%
Net result€398▲ 10.8%€35k▲ 8,759%€12k▼ 66.7%€12k▲ 2.3%€7k▼ 38.8%
Equity€-35k▲ 1.1%€390€12k▲ 3,008%€24k▲ 99.0%€28k▲ 14.0%
Total assets€104k▼ 14.5%€45k▼ 56.4%€39k▼ 13.4%€68k▲ 71.9%€86k▲ 27.0%
Debt€139k▼ 11.5%€45k▼ 67.6%€27k▼ 39.6%€43k▲ 59.8%€58k▲ 34.3%
Working capital€-119k▲ 8.3%€-10k▲ 91.5%€4k€-1k€-12k▼ 989%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen three years in a row; 2025 is 23% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €86k
Fixed assets
€58k ▲ 42.3%
Current assets
€28k ▲ 4.2%
Equity and liabilities €86k
Equity
€28k ▲ 14.0%
Debt
€58k ▲ 34.3%
Debt's share of the balance-sheet total rises from 64.3% to 68.0%. Equity and debt are higher.
Key figures and ratios
EBITDA
€22k▲
2024 · €20k
Cash flow
€18k▲
2024 · €17k
Current ratio
0.70▼
2024 · 0.96
Quick ratio
0.57▼
2024 · 0.78
Debt to equity
2.12▲
2024 · 1.80
ROE
26.7%▼
2024 · 49.8%
ROA
8.6%▼
2024 · 17.8%
Interest coverage
13.90▼
2024 · 24.44
Debt ≤ 1 year
€41k▲
2024 · €28k
Debt > 1 year
€17k▲
2024 · €15k
Income taxes
€3k▲
2024 · €3k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | €5k | - | - | - | - | - |
| Remuneration, social security and pensions62 | €312 | - | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €6k | €4k | €3k | €5k | €10k | ▲ 118% |
| Other operating charges640/8 | €937 | €1k | €1k | €3k | €217 | ▼ 92.9% |
| Non-recurring operating charges66A | - | - | €2k | - | - | - |
| Gross operating margin9900 | €9k | €42k | €25k | €23k | €23k | ▼ 3.8% |
| Operating profit (loss)9901 | €1k | €37k | €20k | €16k | €12k | ▼ 22.6% |
| Financial income75/76B | €13 | €0 | €13 | - | €57 | - |
| Recurring financial income75 | €13 | €0 | €13 | - | €57 | - |
| Financial charges65/66B | €353 | €356 | €429 | €836 | €2k | ▲ 92.7% |
| Recurring financial charges65 | €353 | €356 | €429 | €836 | €2k | ▲ 92.7% |
| Profit (loss) for the period before taxes9903 | €923 | €36k | €20k | €15k | €11k | ▼ 28.7% |
| Income taxes67/77 | €525 | €1k | €8k | €3k | €3k | ▲ 13.4% |
| Profit (loss) for the period9904 | €398 | €35k | €12k | €12k | €7k | ▼ 38.8% |
| Profit (loss) for the period to be appropriated9905 | €398 | €35k | €12k | €12k | €7k | ▼ 38.8% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €104k | €45k | €39k | €68k | €86k | ▲ 27.0% |
| Fixed assets21/28 | €85k | €11k | €8k | €41k | €58k | ▲ 42.3% |
| Tangible fixed assets22/27 | €85k | €11k | €8k | €38k | €55k | ▲ 45.3% |
| Land and buildings22 | - | €669 | €601 | €15k | €21k | ▲ 40.4% |
| Plant, machinery and equipment23 | €6k | €4k | €4k | €21k | €18k | ▼ 12.9% |
| Furniture and vehicles24 | €8k | €6k | €3k | €2k | €16k | ▲ 670% |
| Other tangible fixed assets26 | €71k | - | - | - | - | - |
| Financial fixed assets28 | - | - | - | €3k | €3k | = |
| Current assets29/58 | €19k | €35k | €31k | €27k | €28k | ▲ 4.2% |
| Stocks and contracts in progress3 | €9k | €9k | €9k | €5k | €5k | = |
| Stocks30/36 | €5k | €5k | €5k | €5k | €5k | = |
| Contracts in progress37 | €5k | €5k | €5k | - | - | - |
| Amounts receivable within one year40/41 | €10k | €26k | €22k | €21k | €23k | ▲ 7.9% |
| Trade receivables40 | €10k | €24k | €20k | €21k | €21k | = |
| Other amounts receivable41 | - | €2k | €2k | €30 | €2k | ▲ 5,613% |
| Cash at bank and in hand54/58 | - | - | - | €254 | €104 | ▼ 58.9% |
| Deferred charges and accrued income490/1 | - | - | - | €420 | €13 | ▼ 96.9% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €104k | €45k | €39k | €68k | €86k | ▲ 27.0% |
| Equity10/15 | €-35k | €390 | €12k | €24k | €28k | ▲ 14.0% |
| Contributions10/11 | €20k | €20k | €20k | €20k | €20k | = |
| Reserves13 | €2k | €2k | €2k | €4k | €8k | ▲ 81.4% |
| Non-distributable reserves130/1 | €160 | €160 | €160 | €160 | - | - |
| Reserves not available under the articles1311 | €160 | €160 | €160 | €160 | - | - |
| Distributable reserves133 | €2k | €2k | €2k | €4k | €8k | ▲ 88.7% |
| Profit (loss) carried forward14 | €-57k | €-22k | €-10k | - | - | - |
| Amounts payable17/49 | €139k | €45k | €27k | €43k | €58k | ▲ 34.3% |
| Amounts payable after more than one year17 | - | - | - | €15k | €17k | ▲ 14.2% |
| Financial debts170/4 | - | - | - | €15k | €17k | ▲ 14.2% |
| Amounts payable within one year42/48 | €139k | €45k | €27k | €28k | €41k | ▲ 43.8% |
| Current portion of amounts payable after more than one year42 | - | - | - | €5k | €11k | ▲ 118% |
| Financial debts43 | €3 | €4k | €5k | €1k | €3k | ▲ 194% |
| Credit institutions430/8 | €3 | €4k | €5k | €1k | €3k | ▲ 194% |
| Trade debts44 | €7k | €17k | €8k | €11k | €10k | ▼ 4.8% |
| Suppliers440/4 | €7k | €17k | €8k | €11k | €10k | ▼ 4.8% |
| Taxes, remuneration and social security45 | €2k | €8k | €12k | €11k | €11k | ▼ 6.9% |
| Taxes450/3 | €2k | €8k | €10k | €9k | €8k | ▼ 9.2% |
| Remuneration and social security454/9 | - | - | €1k | €3k | €3k | ▲ 0.4% |
| Other amounts payable47/48 | €130k | €16k | €2k | €49 | €6k | ▲ 11,871% |
| Accrued charges and deferred income492/3 | €350 | - | - | - | €400 | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €398 | €35k | €12k | €12k | €7k | ▼ 38.8% |
| + Depreciation and write-downs630 | €6k | €4k | €3k | €5k | €10k | ▲ 118% |
| Operating cash flow (approximation) | €7k | €39k | €14k | €17k | €18k | ▲ 5.1% |
| Investment in fixed assets (approximation) | - | €70k | €-82 | €-37k | €-27k | ▲ 26.4% |
| Change in cash | - | - | - | - | €-149 | - |
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
07-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 7 days late
2025
23-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
18-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
27-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Highest result since 2018net €35k ▲8,759%
Operating result €37k, net result €35k, both a record.
22-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 22 days late
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
31-12
Financial
Back to profitnet €359
Net result €359 after 2 loss-making years.
23-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
26-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
03-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 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
5 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, Deinze · 1 establishment unit since 2015
Ground area
3,834 m²
Building footprint
167 m²
Volume, LiDAR
1,037 m³
Parcel 44026A0498/00B002, Flanders · tallest building 9.6 m, ±2 floors. Linked by address, not a title deed.
4
companies at this address
See who is registered here
1 establishment unit
Oude Heirbaan 98, 9800 Deinze
since 20152.243.848.540
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44026A0498/00B002 | Flanders | 3,834 m² | 1 · 167 m² | 9.6 m · 2 fl. |
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.
Public money · subsidies and aid
Flemish government
2024 to 2025 · 2 entries · 311 EUR awarded · 188 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 188 EUR | 65 EUR |
| 2024 | 1 | 123 EUR | 123 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 22,832 companies in sector 43211 we hold annual accounts for 10,326. 7,847 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
Founded29-06-2015
Fiscal year end31-12
Activities, NACEBEL 2025
43211General electrical installation work
01480Raising of other animals
70200Business and other management consultancy
93127Equestrian clubs
93129Activities of other sports clubs
Scores and ratios are computed by Checked and are not a credit decision.