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EQUITIS

Active
Private limited companyfounded 2023active for 3 yearsRollebaan 38, 1640 Sint-Genesius-Rode, BelgiumKBO/BCE: BE 0804.070.909
Summary

EQUITIS has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €157,398 and a net result of €80,093. Equity is growing by about 83% per year across the filed financial years. Its solvency ranks better than 61% of 15,615 sector peers (NACE 69, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Overview

Activity
Activities of lawyers
NACE 69101
1 site
Size
€233,986total assets 2025
Equity
€157,398
Profit
€80,093
Turnover not published (micro format)
Financial health
97 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
< 0.1%
Structure
Accounts 31 days early0 of 1 deed read
Why 97lowers riskSector: Legal and accounting activities (NACE 69)Liquidity: current ratio 3.07, cash €154,810Size: total assets €233,986Equity €157,398 (67.3% of total assets)Show the evidence

Checked score

Score 2025
97 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 78% of its sector peers (NACE 69, micro)
Financial strength · tick = 2024
Strong
Solvency 92+11
equity 67.3% of total assets
Liquidity 86+5
short-term debt 32.4% · cash 66.2%
Profitability 100=
return on assets 34.2%
Bankruptcy probability, 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

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

Sector median < 0.1% (20,010 companies, NACE 69, micro)
Last 24 months 11-2024: < 0.1% 12-2024: < 0.1%● unchanged vs 11-2024 01-2025: < 0.1%● unchanged vs 12-2024 02-2025: < 0.1%● unchanged vs 01-2025 03-2025: < 0.1%● unchanged vs 02-2025 04-2025: < 0.1%● unchanged vs 03-2025 05-2025: < 0.1%● unchanged vs 04-2025 06-2025: < 0.1%● unchanged vs 05-2025 07-2025: < 0.1%● unchanged vs 06-2025 08-2025: 0.1%▲ +0.1 percentage points vs 07-2025highest value 09-2025: < 0.1%▼ -0.1 percentage points vs 08-2025 10-2025: < 0.1%● unchanged vs 09-2025 11-2025: < 0.1%● unchanged vs 10-2025 12-2025: < 0.1%● unchanged vs 11-2025 01-2026: < 0.1%● unchanged vs 12-2025 02-2026: < 0.1%● unchanged vs 01-2026 03-2026: < 0.1%● unchanged vs 02-2026 04-2026: < 0.1%● unchanged vs 03-2026 05-2026: < 0.1%● unchanged vs 04-2026 06-2026: < 0.1%● unchanged vs 05-2026 07-2026: < 0.1%● unchanged vs 06-2026lowest value 08-2026: < 0.1%● unchanged vs 07-2026lowest value 09-2026: < 0.1%● unchanged vs 08-2026lowest value 10-2026: < 0.1%● unchanged vs 09-2026
Credit of up to €15,000 on 30-day terms is acceptable
Liquidity ample (current ratio 3.07, compared with 2.32 in 2024; short-term debt: 32.4% and cash: 66.2% of total assets), and 32.7% of the assets are financed with debt.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 69, micro): better than 64% on solvency, 77% on liquidity, 82% on profitability and 90% on growth.

The bankruptcy probability was computed on 08-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
−lowers risk○neutral
lowers risk · Sector: Legal and accounting activities (NACE 69)
KBO
lowers risk · Liquidity: current ratio 3.07, cash €154,810
NBB · annual accounts
lowers risk · Size: total assets €233,986
The company's size counts in the probability; how much depends on the rest of its profile.
NBB · annual accounts
lowers risk · Equity €157,398 (67.3% of total assets)
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-06-2026, 31 days ahead of the deadline.
NBB · 3 filings
Deviation from the deadline
2025
31 days early
2024
14 days late
2023
28 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 3 accounts on average 4 days after the deadline; the sector median (NACE 69) for financial year 2024 is 9 days before the deadline, and 32% 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 14 August (3 of the last 3 filed years within 45 days of that day).
Companies Code · seven months
Where today falls in the filing period
09-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since incorporation in 2023.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · micro…
  2. Highest result from 2023 to 2025net €80,093 ▲55.9%
  3. Equity above €150,000equity €157,398 ▲101%

Financials · financial year 2025, micro format

Equity
€157,398▲ 101%
2024 · €78,138
Total assets
€233,986▲ 67.5%
2024 · €139,670
Net result
€80,093▲ 55.9%
2024 · €51,373
Working capital
€156,928▲ 110%
2024 · €74,793
Trend over the years

2023 to 2025, 3 financial years

The operating result has risen two years in a row; 2025 is 55% above 2024 and is the highest result in the available series.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result€112,284 2025 Net result€80,093 2025

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 69, Legal and accounting activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the financial year before
favourable unfavourable
Line202320242025
Operating result€29,746-€72,318▲ 143%€112,284▲ 55.3%
Net result€23,431within the sector's middle half-€51,373within the sector's middle half▲ 119%€80,093within the sector's middle half▲ 55.9%
Equity€27,598below the sector's middle half-€78,138within the sector's middle half▲ 183%€157,398within the sector's middle half▲ 101%
Total assets€97,585within the sector's middle half-€139,670within the sector's middle half▲ 43.1%€233,986within the sector's middle half▲ 67.5%
Debt€69,986-€61,532▼ 12.1%€76,588▲ 24.5%
Working capital€24,815within the sector's middle half-€74,793within the sector's middle half▲ 201%€156,928above the sector's middle half▲ 110%
Solvency28.3%below the sector's middle half-55.9%within the sector's middle half▲ 27.7pp67.3%within the sector's middle half▲ 11.3pp
Current ratio1.43within the sector's middle half-2.32within the sector's middle half▲ 0.883.07within the sector's middle half▲ 0.76
Return on assets (ROA)24.0%within the sector's middle half-36.8%above the sector's middle half▲ 12.8pp34.2%within the sector's middle half▼ 2.6pp
above within below the middle half of NACE 69, Legal and accounting activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin not published: the micro format does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €233,986
Fixed assets €1,299 ▼ 83.8%
Current assets €232,687 ▲ 76.7%
Equity and liabilities €233,986
Equity €157,398 ▲ 101%
Debt €76,588 ▲ 24.5%
Debt's share of the balance-sheet total falls from 44.1% to 32.7%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€119,737▲
2024 · €79,531
Cash flow
€87,545▲
2024 · €58,586
Debt to equity
0.49▼
2024 · 0.79
ROE
50.9%▼
2024 · 65.7%
Interest coverage
over 100▲
2024 · 51.62
Debt ≤ 1 year
€75,759▲
2024 · €56,869
Income taxes
€31,235▲
2024 · €19,607
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 39,278 companies that looked in July 2024 the way this one looks now, 1.8% went bankrupt within 24 months and 96% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.8% went bankrupt
2.3% stopped otherwise
96% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a lower bankruptcy probability: < 0.1% 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 497,472 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to 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% 1.0%
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%

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 39,278 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
Filed annual accounts As filed with the NBB · 2025 against 2024 · 46 lines
Balance sheet Code20242025
Assets
Total assets20/58€139,670€233,986▲
Fixed assets21/28€8,009€1,299▼
Tangible fixed assets22/27€8,009€1,299▼
Furniture and vehicles24€8,009€1,299▼
Current assets29/58€131,662€232,687▲
Amounts receivable within one year40/41€50,422€75,954▲
Trade receivables40€50,422€75,954▲
Cash at bank and in hand54/58€80,270€154,810▲
Deferred charges and accrued income490/1€970€1,923▲
Equity and liabilities
Total equity and liabilities10/49€139,670€233,986▲
Equity10/15€78,138€157,398▲
Contributions10/11€5,000€5,000=
Reserves13€50,540€129,799▲
Distributable reserves133€50,540€129,799▲
Profit (loss) carried forward14€22,598€22,598=
Amounts payable17/49€61,532€76,588▲
Amounts payable after more than one year17€4,663-
Financial debts170/4€4,663-
Amounts payable within one year42/48€56,869€75,759▲
Current portion of amounts payable after more than one year42€7,776€4,663▼
Trade debts44€3,020€3,640▲
Suppliers440/4€3,020€3,640▲
Advances received on contracts in progress46€256€2,000▲
Taxes, remuneration and social security45€29,884€47,383▲
Taxes450/3€29,884€47,383▲
Other amounts payable47/48€15,934€18,072▲
Accrued charges and deferred income492/3-€830
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7,214€7,453▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€1,453
Other operating charges640/8€579€538▼
Gross operating margin9900€80,110€121,728▲
Operating profit (loss)9901€72,318€112,284▲
Financial income75/76B€203€48▼
Recurring financial income75€203€48▼
Financial charges65/66B€1,541€1,004▼
Recurring financial charges65€1,541€1,004▼
Profit (loss) for the period before taxes9903€70,979€111,328▲
Income taxes67/77€19,607€31,235▲
Profit (loss) for the period9904€51,373€80,093▲
Profit (loss) for the period to be appropriated9905€51,373€80,093▲
Appropriation of the result
Profit (loss) to be appropriated9906€73,971€102,691▲
Profit (loss) brought forward from the previous period14P€22,598€22,598=
Transfer to equity691/2€50,540€79,260▲
To other reserves6921€50,540€79,260▲
Profit to be distributed694/7€833€833=
Return on contributions (dividend)694€833€833=

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6,419€7,214€7,453▲ 3.3%
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€5,129-€1,453-
Other operating charges640/8€1,152€579€538▼ 7.1%
Gross operating margin9900€42,445€80,110€121,728▲ 52.0%
Operating profit (loss)9901€29,746€72,318€112,284▲ 55.3%
Financial income75/76B€0€203€48▼ 76.5%
Recurring financial income75€0€203€48▼ 76.5%
Financial charges65/66B€254€1,541€1,004▼ 34.9%
Recurring financial charges65€254€1,541€1,004▼ 34.9%
Profit (loss) for the period before taxes9903€29,491€70,979€111,328▲ 56.8%
Income taxes67/77€6,060€19,607€31,235▲ 59.3%
Profit (loss) for the period9904€23,431€51,373€80,093▲ 55.9%
Profit (loss) for the period to be appropriated9905€23,431€51,373€80,093▲ 55.9%
Line202320242025Change
Assets
Total assets20/58€97,585€139,670€233,986▲ 67.5%
Fixed assets21/28€15,222€8,009€1,299▼ 83.8%
Tangible fixed assets22/27€15,222€8,009€1,299▼ 83.8%
Furniture and vehicles24€15,222€8,009€1,299▼ 83.8%
Current assets29/58€82,363€131,662€232,687▲ 76.7%
Amounts receivable within one year40/41€40,534€50,422€75,954▲ 50.6%
Trade receivables40€40,534€50,422€75,954▲ 50.6%
Other amounts receivable41€0---
Cash at bank and in hand54/58€41,073€80,270€154,810▲ 92.9%
Deferred charges and accrued income490/1€755€970€1,923▲ 98.4%
Equity and liabilities
Total equity and liabilities10/49€97,585€139,670€233,986▲ 67.5%
Equity10/15€27,598€78,138€157,398▲ 101%
Contributions10/11€5,000€5,000€5,000=
Reserves13-€50,540€129,799▲ 157%
Distributable reserves133-€50,540€129,799▲ 157%
Profit (loss) carried forward14€22,598€22,598€22,598=
Amounts payable17/49€69,986€61,532€76,588▲ 24.5%
Amounts payable after more than one year17€12,439€4,663--
Financial debts170/4€12,439€4,663--
Amounts payable within one year42/48€57,547€56,869€75,759▲ 33.2%
Current portion of amounts payable after more than one year42€7,509€7,776€4,663▼ 40.0%
Trade debts44€5,194€3,020€3,640▲ 20.5%
Suppliers440/4€5,194€3,020€3,640▲ 20.5%
Advances received on contracts in progress46-€256€2,000▲ 683%
Taxes, remuneration and social security45€36,563€29,884€47,383▲ 58.6%
Taxes450/3€36,563€29,884€47,383▲ 58.6%
Remuneration and social security454/9€0---
Other amounts payable47/48€8,282€15,934€18,072▲ 13.4%
Accrued charges and deferred income492/3--€830-
Line202320242025Change
Profit (loss) for the period9904€23,431€51,373€80,093▲ 55.9%
+ Depreciation and write-downs630€6,419€7,214€7,453▲ 3.3%
Operating cash flow (approximation)€29,850€58,586€87,545▲ 49.4%
Investment in fixed assets (approximation)-€0-€743-
Change in cash-€39,197€74,540▲ 90.2%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Subsidies and aid

Flemish government

2024 · 1 entry · €158 awarded · €158 paid
Schemes
1 entry · €158 · €158 paid · Fonds voor Innoveren en Ondernemen

Directors

Directors
No directors read yet: 0 of 1 Gazette act processed. See the directors and other office holders in the KBO →

Owners and capital

Owners

No owners or capital events in the accounts and acts we read.

History

EQUITIS was incorporated on 18 July 2023 as a private limited company.1 Total assets rose from €97,585 in 2023 to €233,986 in 2025.2

  1. 1KBO (Crossroads Bank for Enterprises)
  2. 2National Bank, annual accounts 2023 and 2025

Acts, filings and financial milestones

Next filing, financial year 2026, expected by 31-07-2027
2026
30-06
NBB filing Annual accounts filed
financial year 2025 · micro format
2025
31-12
Financial Highest result from 2023 to 2025net €80,093 ▲55.9%
Operating result €112,284, net result €80,093, both a record.
31-12
Financial Equity above €150,000equity €157,398 ▲101%
A profit in every financial year since 2023 builds equity to €157,398.
14-08
NBB filing Annual accounts filed
financial year 2024 · micro format · 14 days late
2024
28-08
NBB filing Annual accounts filed
financial year 2023 · micro format · 28 days late
Financial milestoneNBB filingFinancial milestones sit on the financial year-end date, not the filing date.
0 of 1 deed read
About the unread acts

We know of 1 Belgian Official Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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Register details

Identification
Legal formPrivate limited company
Founded18-07-2023
Financial year end31-12
Activities, NACEBEL 2025
69101Activities of lawyers
Contact
E-mail michael.tanghe@hotmail.com
Phone 0475583017
E-invoicing
Reachable via Peppol
Peppol ID 0208:0804070909
Registered 26-11-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 9 October 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.

Sites & property

Location & real-estate footprint
Registered office, Sint-Genesius-Rode · 1 establishment unit since 2023
registered office establishment The establishment unit on the map
Ground area
361 m²
Building footprint
130 m²
Building volume
869 m³
Parcel 22004C0570/00R008, Flanders · tallest building 10.5 m. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
Michael Tanghe
Rollebaan 38, 1640 Sint-Genesius-RodeActivities of lawyers
since 2023unit no. 2.347.833.827
1 parcel
Flanders 1 (100%)
Cadastral parcel Region Area Buildings Height / floors
22004C0570/00R008 Flanders 361 m² 1 · 130 m² 10.5 m · 2
How the parcels are linked
Good to know
The parcel matches the address exactly.