Equito
ActiveSummary
Equito has been active since 2009 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €15,194 and a net result of -€5,153. Equity has been shrinking by about 16% per year since 2018. Its solvency ranks better than 48% of 21,148 sector peers (NACE 62, financial year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 01-01-2009 Normal situation
- Activity
- Computer programming NACE 62100and 5 others
- Establishment units
- 2.176.608.041 3321 Hoegaarden, since 01-01-2009
- 2.218.957.449 1820 Steenokkerzeel, since 07-05-2013and 2 others
- Financial year end
- 31 December
- Peppol
- Reachable since 12-09-2025
Board and ownership
- MARQUIDirector · permanent representative Marcelis Quinten
- Marqui100%· score 9530-06-2025 annual accounts of Marqui
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.3%
- Gross margin
- -€2,570
- Loss
- €5,153
- Equity
- €15,194
- ▼ 25.3%
- Total assets
- €26,332
- ▲ 13.1%
Score breakdownraises risk1 change of registered office in 24 monthslowers riskLiquidity: current ratio 1.66, cash €17,090Sector: Computer programming, consultancy and related activities (NACE 62)Size: total assets €26,332Show the evidence
Checked score
About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Calculation
The band follows from the bankruptcy probability. 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 62, micro). It does better than 50% of them on solvency, 63% on liquidity, 5% on profitability and 22% on growth.
The bankruptcy probability was computed on 01-11-2026 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. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 7 accounts on average 31 days after the deadline. In the sector (NACE 62), the median for financial year 2024 was 9 days before the deadline, and 33% of those companies filed late.
Searched, nothing found (2)
Financials
Financials · financial year 2025, micro format
Annual accounts 2025 filed on 20-07-2026 at the NBB all 14 filings
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result for 2025 is a loss of €5,091, after a profit of €2,511 in 2024.
Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.
Assets, equity and debt per financial year.
Above zero, the company can pay its short-term debts with what it holds in the short term.
The EBIT margin is the share of each euro of turnover left from operations. The return on assets is what the assets earn.
The higher the solvency, the better the company absorbs a setback.
A ratio above 1 means the short-term assets cover the short-term debts.
Use the arrow keys on the chart for the figures per year.
The sector band is the middle half of the companies in Computer programming, consultancy and related activities (NACE 62). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30. The dashed line is the median. There is a sector band for net result, equity, total assets, working capital, solvency, current ratio and return on assets (ROA).
Investments
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Tangible fixed assets | - | - | - | - | €9,993 |
| Depreciation and write-downs of the year | - | - | - | - | €2,121 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €8,283 | €4,286 | €116 | - | - | - | - | €2,121 | - |
| Other operating charges640/8 | - | - | - | €787 | €792 | €1,316 | €635 | €400 | ▼ 37.0% |
| Gross operating margin9900 | €5,586 | €2,143 | €6,395 | -€13,540 | -€1,257 | -€977 | €3,146 | -€2,570 | - |
| Operating profit (loss)9901 | -€3,516 | -€2,973 | €5,495 | -€14,327 | -€2,049 | -€2,294 | €2,511 | -€5,091 | - |
| Financial income75/76B | - | - | - | - | €306 | €5,408 | €46 | €0 | ▼ 99.9% |
| Recurring financial income75 | €31 | €26 | - | - | €306 | €36 | €46 | €0 | ▼ 99.9% |
| Non-recurring financial income76B | - | - | - | - | - | €5,372 | - | - | - |
| Financial charges65/66B | - | - | - | €144 | €120 | €142 | €107 | €63 | ▼ 41.1% |
| Recurring financial charges65 | €203 | €191 | €129 | €144 | €120 | €142 | €107 | €63 | ▼ 41.1% |
| Profit (loss) for the period before taxes9903 | -€2,688 | -€2,841 | €5,367 | -€14,471 | -€1,863 | €2,972 | €2,450 | -€5,153 | - |
| Income taxes67/77 | -€9 | -€15 | - | €1,457 | - | -€10 | - | - | - |
| Profit (loss) for the period9904 | -€2,679 | -€2,827 | €5,367 | -€15,928 | -€1,863 | €2,983 | €2,450 | -€5,153 | - |
| Transfer from tax-exempt reserves789 | - | - | - | €9,100 | - | - | - | - | - |
| Profit (loss) for the period to be appropriated9905 | -€2,679 | -€2,827 | €5,367 | -€6,828 | -€1,863 | €2,983 | €2,450 | -€5,153 | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €63,077 | €55,031 | €56,709 | €24,147 | €19,974 | €17,897 | €23,291 | €26,332 | ▲ 13.1% |
| Fixed assets21/28 | €8,237 | €116 | - | - | - | - | - | €7,872 | - |
| Tangible fixed assets22/27 | €8,237 | €116 | - | - | - | - | - | €7,872 | - |
| Plant, machinery and equipment23 | - | - | - | - | - | - | - | €7,872 | - |
| Current assets29/58 | €54,841 | €54,915 | €56,709 | €24,147 | €19,974 | €17,897 | €23,291 | €18,460 | ▼ 20.7% |
| Amounts receivable within one year40/41 | €12,577 | €14,524 | €35,772 | €11,771 | €8,832 | €2,176 | €3,052 | €1,031 | ▼ 66.2% |
| Trade receivables40 | - | - | - | €5,517 | €5,882 | €1,703 | €2,964 | €1,023 | ▼ 65.5% |
| Other amounts receivable41 | - | - | - | €6,253 | €2,950 | €473 | €88 | €8 | ▼ 91.2% |
| Cash at bank and in hand54/58 | €36,499 | €40,228 | €20,401 | €12,268 | €11,020 | €15,297 | €18,886 | €17,090 | ▼ 9.5% |
| Deferred charges and accrued income490/1 | - | - | - | €108 | €121 | €424 | €1,354 | €340 | ▼ 74.9% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €63,077 | €55,031 | €56,709 | €24,147 | €19,974 | €17,897 | €23,291 | €26,332 | ▲ 13.1% |
| Equity10/15 | €52,043 | €49,217 | €54,583 | €16,778 | €14,915 | €17,897 | €20,348 | €15,194 | ▼ 25.3% |
| Contributions10/11 | €18,600 | €18,600 | - | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €38,774 | €38,774 | €38,774 | €1,860 | €1,860 | - | - | - | - |
| Non-distributable reserves130/1 | - | - | - | €1,860 | €1,860 | - | - | - | - |
| Reserves not available under the articles1311 | - | - | - | €1,860 | €1,860 | - | - | - | - |
| Profit (loss) carried forward14 | -€5,331 | -€8,157 | -€2,791 | -€3,682 | -€5,545 | -€703 | €1,748 | -€3,406 | - |
| Amounts payable17/49 | €11,034 | €5,815 | €2,125 | €7,370 | €5,059 | - | €2,944 | €11,138 | ▲ 278% |
| Amounts payable within one year42/48 | €8,990 | €4,234 | €2,071 | €7,266 | €4,654 | - | €1,580 | €11,109 | ▲ 603% |
| Trade debts44 | €430 | - | €6 | €114 | €200 | - | €82 | €7,116 | ▲ 87× |
| Suppliers440/4 | - | - | - | €114 | €200 | - | €82 | €7,116 | ▲ 87× |
| Advances received on contracts in progress46 | - | - | - | - | - | - | €1,464 | €360 | ▼ 75.4% |
| Taxes, remuneration and social security45 | - | - | - | €2,551 | - | - | €34 | €232 | ▲ 578% |
| Taxes450/3 | - | - | - | €2,551 | - | - | €34 | €232 | ▲ 578% |
| Other amounts payable47/48 | - | - | - | €4,601 | €4,453 | - | - | €3,400 | - |
| Accrued charges and deferred income492/3 | - | - | - | €104 | €405 | - | €1,364 | €30 | ▼ 97.8% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€2,679 | -€2,827 | €5,367 | -€15,928 | -€1,863 | €2,983 | €2,450 | -€5,153 | - |
| + Depreciation and write-downs630 | €8,283 | €4,286 | €116 | - | - | - | - | €2,121 | - |
| Operating cash flow (approximation) | €5,604 | €1,459 | €5,483 | -€15,928 | -€1,863 | €2,983 | €2,450 | -€3,032 | - |
| Investment in fixed assets (approximation) | - | €3,835 | - | - | - | - | - | - | - |
| Change in cash | - | €3,729 | -€19,827 | -€8,132 | -€1,248 | €4,277 | €3,588 | -€1,795 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 4,805 companies had the same profile as Equito has now. Two years later, 2.0% had gone bankrupt and 88.1% were still going.
- Micro
- 10 to 20 years old
- solvency 30% or more
- a loss of 10% of the balance sheet or more
Another 0.1% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of Equito itself is lower: 0.3% within 12 months. It rests on far more data about Equito than the profile alone.
Test of the method
The method was tested on the 497,446 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.
| 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 4,805 companies, not a prediction for Equito. 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.
Latest 10 of 14 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 20-07-2026 | 2026-00324341 | |
| 31-12-2024 | micro format | 17-10-2025 | 2025-00547585 | |
| 31-12-2023 | abbreviated format | 09-08-2024 | 2024-00342508 | |
| 31-12-2022 | micro format | 16-08-2023 | 2023-00342266 | |
| 31-12-2021 | micro format | 29-08-2022 | 2022-20410616 | |
| 31-12-2020 | micro format | 31-08-2021 | 2021-62300114 | |
| 31-12-2019 | micro format | 02-10-2020 | 2020-57800488 | |
| 31-12-2018 | micro format | 13-08-2019 | 2019-45500578 | |
| 31-12-2017 | micro format | 29-08-2018 | 2018-51600578 | |
| 31-12-2016 | micro format | 29-09-2017 | 2017-65800114 |
Board & ownership
Directors
Board 1
Permanent representatives 1
Owners and capital
Shareholders
1 ownerCapital transactions
- 05-08-2024 Converted to unavailable equity
Mandate history
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| MARQUI |
|
| TECHSOL |
|
| Marcelis Quinten |
|
| Vanmeert Neal |
|
Articles of association
- Kind of sharesThe articles set which classes of shares exist and what rights each class carries.
- “Op naam, 1000000”
Articles of association, deed of 05-08-2024 (in Dutch)
Network & group
Connections & network
1 current directorThe network starts from the directors of Equito. Every other company they run is a node.
Timeline
Acts, filings and financial milestones
22-05
Gazette deed
Registered office moved to PerkResignation: Techsol bv (director)8 points ▸
- General meeting, 01-01-2026
- Other provision, “meeting convocation” (deed in Dutch)
- Other provision, “meeting composition” (deed in Dutch)
- Other provision, “deliberation capacity” (deed in Dutch)
- Other provision, “agenda” (deed in Dutch)
- Director resignation, Techsol bv (director)
- Registered-office move, Tervuursesteenweg 24 in 1820 Perk
- Other provision, “meeting closure” (deed in Dutch)
05-08
Gazette deed
Company renamed from eMuse to EquitoResignations: Marcelis Quinten (director) and Vanmeert Neal (director) · Appointments: MARQUI (director) and TECHSOL (director) · Permanent representatives: Marcelis Quinten and Mertens Thomas19 points ▸
- General meeting, 31-07-2024
- Other provision, “vaststelling WVV-rechtsvorm-bestuur, besloten vennootschap” (deed in Dutch)
- Capital conversion, “statutair onbeschikbare eigen vermogensrekening” (deed in Dutch)
- Reserve release, “opheffing statutair onbeschikbare eigen vermogensrekening, eventuele bijstortingen van in het verleden geplaatst nog niet gestort kapitaal” (deed in Dutch)
- Other provision, “geen uitkering of vrijstelling” (deed in Dutch)
- Name change, Equito
- Purpose change
- Other provision, “ontvangst verslag, aandeelhouders” (deed in Dutch)
- Kind of shares, 1000000, 100
- Amendment of the articles
- Director resignation, Marcelis Quinten (director)
- Director resignation, Vanmeert Neal (director)
- The act holds 7 more points.
Show earlier events
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordRegistered office and establishments
Activities
NACEBEL 2025Codes under NACEBEL 2008
Text of the purpose
“De vennootschap heeft tot voorwerp het verwerven,beheren en verkopen van deelnemingen in andere vennootschappen of activiteiten,voornamelijk in kleine en middelgrote ondernemingen,met het oogop waarde creatie op lange termijn,evenals het verlenen van strategisch advies en financiële ondersteuning aan deze ondernemingen.”
Invoicing and payment
Financial year and general meeting
Accounts at the NBBSites & property
Buildings and parcels at the addresses
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 23065A0099/00F002 | Flanders | 823 m² | - | - |
| 23065A0099/00E002 | Flanders | 812 m² | 1 · 89 m² | 11.1 m · 3 |
| 23065B0277/00D006 | Flanders | 557 m² | 1 · 122 m² | 9.8 m · 2 |
| 24502B0075/00S000 | Flanders | 458 m² | 1 · 334 m² | 16.5 m · 3 |
| 24087E0421/00B000 | Flanders | 303 m² | 1 · 105 m² | 5.9 m · 1 |