EQUITRUST
ActiveSummary
EQUITRUST has been active since 1992 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €782,750 and a net result of €54,635. Equity remains stable across the filed fiscal years (±0.5% per year). The computed 12-month bankruptcy probability is 0.1% (very low).
Financials · fiscal year 2025, full schema
2021 to 2025, 5 fiscal years 2018 to 2025, 8 fiscal years
The operating result returns to profit in 2025: €14,765 after a loss of €4,361 in 2024, the highest result in the available series.
What the company sold each fiscal year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Point at or tap a year, or use the arrow keys on the chart, for the exact figures; the table below gives them all.
Peer companies
Historical observationOf the 20,139 companies that looked in July 2024 the way this one looks now, 0.2% went bankrupt within 24 months and 95% are still going.
- Small
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
For this company itself Checked computes a bankruptcy probability of 0.1% 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 497,472 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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 20,139 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.
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €6,912 | - | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €9,969 | €9,969 | €9,969 | €2,673 | €2,673 | €3,329 | €3,329 | - | - |
| Other operating charges640/8 | - | - | - | €2,517 | €2,056 | €2,890 | €513 | €528 | ▲ 2.8% |
| Non-recurring operating charges66A | - | - | - | - | - | €6 | - | - | - |
| Gross operating margin9900 | -€14,429 | -€10,482 | -€3,659 | €15,215 | €3,433 | €1,771 | -€518 | €15,293 | ▲ 3,051% |
| Operating profit (loss)9901 | -€27,328 | -€23,479 | -€16,583 | €10,026 | -€1,296 | -€4,454 | -€4,361 | €14,765 | ▲ 439% |
| Financial income75/76B | - | - | - | €22,889 | €170 | €11,657 | €17,342 | €41,827 | ▲ 141% |
| Recurring financial income75 | €4,771 | €5,527 | €1,730 | €22,889 | €170 | €11,657 | €17,342 | €41,827 | ▲ 141% |
| Financial charges65/66B | - | - | - | €4,301 | €410 | €326 | €1,681 | €1,957 | ▲ 16.4% |
| Recurring financial charges65 | €209 | €307 | €717 | €4,301 | €410 | €326 | €1,681 | €1,957 | ▲ 16.4% |
| Profit (loss) for the period before taxes9903 | -€22,766 | -€18,260 | -€15,570 | €28,614 | -€1,535 | €6,877 | €11,301 | €54,635 | ▲ 383% |
| Income taxes67/77 | - | €238 | -€187 | - | -€10 | - | - | - | - |
| Profit (loss) for the period9904 | -€22,766 | -€18,498 | -€15,383 | €28,614 | -€1,525 | €6,877 | €11,301 | €54,635 | ▲ 383% |
| Profit (loss) for the period to be appropriated9905 | -€22,766 | -€18,498 | -€15,383 | €28,614 | -€1,525 | €6,877 | €11,301 | €54,635 | ▲ 383% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €729,112 | €713,048 | €697,824 | €728,935 | €727,412 | €731,836 | €730,784 | €782,750 | ▲ 7.1% |
| Fixed assets21/28 | €288,944 | €278,975 | €247,756 | €240,994 | €238,321 | €241,553 | €238,224 | - | - |
| Tangible fixed assets22/27 | €267,694 | €257,725 | €247,756 | €240,994 | €238,321 | €241,553 | €238,224 | - | - |
| Land and buildings22 | - | - | - | €240,994 | €238,321 | €241,553 | €238,224 | - | - |
| Financial fixed assets28 | €21,250 | €21,250 | - | - | - | - | - | - | - |
| Current assets29/58 | €440,168 | €434,073 | €450,068 | €487,941 | €489,091 | €490,284 | €492,560 | €782,750 | ▲ 58.9% |
| Amounts receivable within one year40/41 | - | - | - | - | - | €2,052 | €5,900 | €4,952 | ▼ 16.1% |
| Other amounts receivable41 | - | - | - | - | - | €2,052 | €5,900 | €4,952 | ▼ 16.1% |
| Current investments50/53 | - | €73,740 | €99,544 | €33,788 | €29,479 | €465,000 | €436,416 | €526,597 | ▲ 20.7% |
| Cash at bank and in hand54/58 | €440,168 | €360,334 | €350,525 | €454,153 | €459,612 | €23,232 | €49,542 | €251,202 | ▲ 407% |
| Deferred charges and accrued income490/1 | - | - | - | - | - | - | €703 | - | - |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €729,112 | €713,048 | €697,824 | €728,935 | €727,412 | €731,836 | €730,784 | €782,750 | ▲ 7.1% |
| Equity10/15 | €729,080 | €710,581 | €695,199 | €723,813 | €722,287 | €716,814 | €728,115 | €782,750 | ▲ 7.5% |
| Contributions10/11 | €65,000 | €65,000 | - | €65,000 | €65,000 | €65,000 | €65,000 | €65,000 | = |
| Capital10 | - | - | - | - | €65,000 | €65,000 | €65,000 | €65,000 | = |
| Issued capital100 | - | - | - | - | €65,000 | €65,000 | €65,000 | €65,000 | = |
| Reserves13 | €31,606 | €31,606 | €31,606 | €31,606 | €31,606 | €31,606 | €31,606 | €31,606 | = |
| Non-distributable reserves130/1 | - | - | - | €6,500 | €6,500 | €6,500 | €6,500 | €6,500 | = |
| Legal reserve130 | - | - | - | - | €6,500 | €6,500 | €6,500 | €6,500 | = |
| Reserves not available under the articles1311 | - | - | - | €6,500 | - | - | - | - | - |
| Distributable reserves133 | - | - | - | €25,106 | €25,106 | €25,106 | €25,106 | €25,106 | = |
| Profit (loss) carried forward14 | €632,473 | €613,975 | €598,592 | €627,206 | €625,681 | €620,208 | €631,509 | €686,144 | ▲ 8.7% |
| Amounts payable17/49 | €32 | €2,467 | €2,625 | €5,123 | €5,125 | €15,022 | €2,669 | - | - |
| Amounts payable after more than one year17 | - | - | €2,625 | €2,625 | €2,625 | €2,625 | €2,625 | - | - |
| Other amounts payable178/9 | - | - | - | €2,625 | €2,625 | €2,625 | €2,625 | - | - |
| Amounts payable within one year42/48 | €32 | €2,467 | - | €2,498 | €2,500 | €12,397 | €44 | - | - |
| Trade debts44 | €32 | €2,467 | - | €2,498 | €2,500 | €47 | €44 | - | - |
| Suppliers440/4 | - | - | - | €2,498 | €2,500 | €47 | €44 | - | - |
| Other amounts payable47/48 | - | - | - | - | - | €12,350 | - | - | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€22,766 | -€18,498 | -€15,383 | €28,614 | -€1,525 | €6,877 | €11,301 | €54,635 | ▲ 383% |
| + Depreciation and write-downs630 | €9,969 | €9,969 | €9,969 | €2,673 | €2,673 | €3,329 | €3,329 | - | - |
| Operating cash flow (approximation) | -€12,796 | -€8,529 | -€5,413 | €31,287 | €1,147 | €10,206 | €14,630 | €54,635 | ▲ 273% |
| Investment in fixed assets (approximation) | - | €0 | €21,250 | €4,089 | €0 | -€6,560 | €0 | - | - |
| Change in cash | - | -€79,834 | -€9,809 | €103,629 | €5,458 | -€436,380 | €26,310 | €201,660 | ▲ 666% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.