EQUISK
ActiveSummary
EQUISK has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €28,932 and a net result of €17,295. Equity is shrinking by ~26% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2025. Its solvency ranks better than 40% of 3940 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability85▲+24
Solvency47▲+13
Growth58▲+26
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2,000 at 30 days acceptable
Liquidity tight (current ratio 1.16 against 0.72 in 2023; short-term debt: 38.5% and cash: 29.8% of total assets), and 78% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Five 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 01
Relative position
BE, all sectors
reference
Crop and animal production, hunting and related service activities (NACE 01)
about 70% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
22%
Return on assets
13.2%
Age of the figures
21 mo
lowers risk · Growing equity
Reported equity is higher than in 2022 and did not fall compared with 2023. These amounts do not establish the cause of the change.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year €28,932
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-06-2025, 31 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
31 d early
2023
36 d early
2022
32 d early
2021
32 d early
2020
31 d early
2019
31 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 32 days before the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 37% of the sector filed late.
Checked, nothing found (1)
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
Is this your company? See how customers and banks see it.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2024, micro schema
Equity
€28,932▲ 154%
2023 · €11,377
Total assets
€131,299▲ 1.7%
2023 · €129,160
Net result
€17,295
2023 · -€7,870
Working capital
€7,896
2023 · -€17,157
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 01, Crop and animal production, hunting and related service activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result-€14,166-€3,724▲ 73.7%-€5,693▼ 52.9%-€4,145▲ 27.2%€21,240
Net result-€17,970below the sector's middle half-€8,778below the sector's middle half▲ 51.2%-€9,565below the sector's middle half▼ 9.0%-€7,870below the sector's middle half▲ 17.7%€17,295within the sector's middle half
Equity€37,589within the sector's middle half▼ 32.3%€28,811within the sector's middle half▼ 23.4%€19,247within the sector's middle half▼ 33.2%€11,377below the sector's middle half▼ 40.9%€28,932within the sector's middle half▲ 154%
Total assets€156,027within the sector's middle half▼ 15.8%€139,873within the sector's middle half▼ 10.4%€116,891below the sector's middle half▼ 16.4%€129,160within the sector's middle half▲ 10.5%€131,299within the sector's middle half▲ 1.7%
Debt€118,438▼ 8.7%€111,062▼ 6.2%€97,644▼ 12.1%€117,783▲ 20.6%€102,367▼ 13.1%
Working capital€21,509within the sector's middle half▼ 26.4%€19,171within the sector's middle half▼ 10.9%€18,959within the sector's middle half▼ 1.1%-€17,157within the sector's middle half€7,896within the sector's middle half
Solvency24.1%within the sector's middle half▼ 5.9pp20.6%within the sector's middle half▼ 3.5pp16.5%within the sector's middle half▼ 4.1pp8.8%within the sector's middle half▼ 7.7pp22.0%within the sector's middle half▲ 13.2pp
Current ratio1.92within the sector's middle half▼ 0.421.66within the sector's middle half▼ 0.261.66within the sector's middle half=0.72within the sector's middle half▼ 0.941.16within the sector's middle half▲ 0.43
Return on assets (ROA)-11.5%below the sector's middle half▼ 15.0pp-6.3%below the sector's middle half▲ 5.2pp-8.2%below the sector's middle half▼ 1.9pp-6.1%below the sector's middle half▲ 2.1pp13.2%above the sector's middle half▲ 19.3pp
above
within
below
the middle half (P25 to P75) of NACE 01, Crop and animal production, hunting and related service activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €21,240 after a loss of €4,145 in 2023, the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €131,299
Fixed assets
€72,819 ▼ 14.0%
Current assets
€58,480 ▲ 31.5%
Equity and liabilities €131,299
Equity
€28,932 ▲ 154%
Debt
€102,367 ▼ 13.1%
Debt's share of the balance-sheet total falls from 91.2% to 78.0%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€33,097▲
2023 · €19,827
Cash flow
€29,153▲
2023 · €16,102
Quick ratio
0.86▲
2023 · 0.42
Debt to equity
3.54▼
2023 · 10.35
ROE
59.8%▲
2023 · -69.2%
Interest coverage
10.20▲
2023 · 7.77
Debt ≤ 1 year
€50,584▼
2023 · €61,641
Debt > 1 year
€51,783▼
2023 · €56,142
Income taxes
€699▼
2023 · €1,188
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 5,053 companies that looked in July 2024 the way this one looks now, 1.5% went bankrupt within 24 months and 96% are still going.
- Micro
- 10 to 20 years old
- solvency 10 to 30%
- a profit of 5% of the balance sheet or more
1.5%
went bankrupt
2.3%
stopped otherwise
96%
still going
A further 0.4% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: 0.2% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 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% | 1.7% |
| 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 75% 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 5,053 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 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €25,488 | €23,146 | €23,475 | €23,972 | €11,857 | ▼ 50.5% |
| Other operating charges640/8 | - | €3,037 | €1,438 | €2,090 | €2,190 | ▲ 4.8% |
| Non-recurring operating charges66A | - | - | €5 | - | - | - |
| Gross operating margin9900 | €12,723 | €22,459 | €19,225 | €21,916 | €35,288 | ▲ 61.0% |
| Operating profit (loss)9901 | -€14,166 | -€3,724 | -€5,693 | -€4,145 | €21,240 | ▲ 612% |
| Financial income75/76B | - | - | €0 | €16 | - | - |
| Recurring financial income75 | - | - | €0 | €16 | - | - |
| Financial charges65/66B | - | €4,367 | €3,371 | €2,553 | €3,245 | ▲ 27.1% |
| Recurring financial charges65 | €3,204 | €4,367 | €3,371 | €2,553 | €3,245 | ▲ 27.1% |
| Profit (loss) for the period before taxes9903 | -€17,370 | -€8,091 | -€9,065 | -€6,682 | €17,995 | ▲ 369% |
| Income taxes67/77 | €600 | €687 | €500 | €1,188 | €699 | ▼ 41.1% |
| Profit (loss) for the period9904 | -€17,970 | -€8,778 | -€9,565 | -€7,870 | €17,295 | ▲ 320% |
| Profit (loss) for the period to be appropriated9905 | -€17,970 | -€8,778 | -€9,565 | -€7,870 | €17,295 | ▲ 320% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €156,027 | €139,873 | €116,891 | €129,160 | €131,299 | ▲ 1.7% |
| Fixed assets21/28 | €111,166 | €91,740 | €69,148 | €84,676 | €72,819 | ▼ 14.0% |
| Tangible fixed assets22/27 | €106,166 | €86,740 | €64,148 | €79,676 | €67,819 | ▼ 14.9% |
| Land and buildings22 | - | €14,376 | €10,447 | €6,518 | €2,767 | ▼ 57.5% |
| Plant, machinery and equipment23 | - | €5,327 | €3,685 | €40,158 | €35,051 | ▼ 12.7% |
| Furniture and vehicles24 | - | €28,032 | €14,016 | - | - | - |
| Other tangible fixed assets26 | - | €39,005 | €36,000 | €33,000 | €30,000 | ▼ 9.1% |
| Financial fixed assets28 | €5,000 | €5,000 | €5,000 | €5,000 | €5,000 | = |
| Current assets29/58 | €44,861 | €48,133 | €47,742 | €44,484 | €58,480 | ▲ 31.5% |
| Stocks and contracts in progress3 | €25,633 | €23,604 | €20,458 | €18,303 | €15,039 | ▼ 17.8% |
| Stocks30/36 | - | €23,604 | €20,458 | €18,303 | €15,039 | ▼ 17.8% |
| Amounts receivable within one year40/41 | €4,673 | €9,716 | €9,777 | €13,446 | €825 | ▼ 93.9% |
| Trade receivables40 | - | €9,716 | €9,777 | €13,446 | - | - |
| Other amounts receivable41 | - | - | - | - | €825 | - |
| Cash at bank and in hand54/58 | €12,410 | €12,447 | €16,422 | €11,301 | €39,086 | ▲ 246% |
| Deferred charges and accrued income490/1 | - | €2,366 | €1,086 | €1,434 | €3,530 | ▲ 146% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €156,027 | €139,873 | €116,891 | €129,160 | €131,299 | ▲ 1.7% |
| Equity10/15 | €37,589 | €28,811 | €19,247 | €11,377 | €28,932 | ▲ 154% |
| Contributions10/11 | - | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €18,860 | €18,860 | €1,860 | €1,860 | €9,360 | ▲ 403% |
| Non-distributable reserves130/1 | - | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Reserves not available under the articles1311 | - | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Distributable reserves133 | - | €17,000 | - | - | €7,500 | - |
| Profit (loss) carried forward14 | €129 | -€8,649 | -€1,213 | -€9,083 | €972 | ▲ 111% |
| Amounts payable17/49 | €118,438 | €111,062 | €97,644 | €117,783 | €102,367 | ▼ 13.1% |
| Amounts payable after more than one year17 | €95,086 | €82,100 | €68,861 | €56,142 | €51,783 | ▼ 7.8% |
| Financial debts170/4 | - | €82,100 | €68,861 | €56,142 | €51,783 | ▼ 7.8% |
| Amounts payable within one year42/48 | €23,352 | €28,962 | €28,783 | €61,641 | €50,584 | ▼ 17.9% |
| Current portion of amounts payable after more than one year42 | - | €12,909 | €13,239 | €12,202 | €4,359 | ▼ 64.3% |
| Trade debts44 | €2,667 | €3,731 | €3,655 | €1,513 | €4,602 | ▲ 204% |
| Suppliers440/4 | - | €3,731 | €3,655 | €1,513 | €4,602 | ▲ 204% |
| Taxes, remuneration and social security45 | - | €5,664 | €7,367 | €7,369 | €6,745 | ▼ 8.5% |
| Taxes450/3 | - | €5,664 | €5,367 | €5,369 | €4,745 | ▼ 11.6% |
| Remuneration and social security454/9 | - | - | €2,000 | €2,000 | €2,000 | = |
| Other amounts payable47/48 | - | €6,658 | €4,523 | €40,557 | €34,878 | ▼ 14.0% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€17,970 | -€8,778 | -€9,565 | -€7,870 | €17,295 | ▲ 320% |
| + Depreciation and write-downs630 | €25,488 | €23,146 | €23,475 | €23,972 | €11,857 | ▼ 50.5% |
| Operating cash flow (approximation) | €7,518 | €14,368 | €13,910 | €16,102 | €29,153 | ▲ 81.0% |
| Investment in fixed assets (approximation) | - | -€3,720 | -€883 | -€39,500 | €0 | ▲ 100% |
| Change in cash | - | €37 | €3,975 | -€5,122 | €27,786 | ▲ 643% |
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
2025
30-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €17,295
Net result €17,295 after 4 loss-making years.
25-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
29-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
29-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Weakest financial yearnet -€17,970
Net result drops to -€17,970, the lowest in the series; recovery starts the following year.
30-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
27-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
29-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
30-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
25-04
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated 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.
Have them read with priority
Sign in to place this company at the front of the reading queue.
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, Hamme (Vl.) · 1 establishment unit since 2007
Ground area
9,790 m²
Building footprint
1,356 m²
Volume, LiDAR
5,518 m³
Parcel 42452C0496/00B000, Flanders · tallest building 11.0 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
EQUISK
since 20072.163.390.604
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 42452C0496/00B000 | Flanders | 9,790 m² | 1 · 1,356 m² | 11.0 m · 1 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.
Similar companies · same sector, comparable size
STAL TER KOZE
BE 0826.513.640
Herk-de-Stad · Eq €28,908
DEKSTATION HOLSTENHOEVE
BE 0872.761.755
Geel · Eq €28,862
XIPHIAS
BE 0890.616.584
Lokeren · Eq €28,856
IMMOVEST BELGIUM
BE 0475.903.477
Oud-Heverlee · Eq €29,121
VZB Equestrian
BE 0776.501.331
Leuven · Eq €28,617
Of 1,961 companies in sector 01430 we hold annual accounts for 742. 486 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 (pre-2019)
Founded28-06-2007
Fiscal year end31-12
Activities, NACEBEL 2025
01430Raising of horses and other equines
E-invoicing
Reachable via Peppol
Peppol ID
0208:0890405065
Also
9925:BE0890405065
Registered
07-01-2026
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.