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EQUUS BREDENE

Active
Private limited companyfounded 2024active for 2 yearsSluizenstraat 111, 8450 Bredene, BelgiumKBO/BCE: BE 1009.339.240
Summary

The computed 12-month bankruptcy probability of EQUUS BREDENE is 3.9% (moderate). The 2025 annual accounts show negative equity (-€12,921) and a net result of -€15,421. Its solvency ranks better than 22% of 16,378 sector peers (NACE 56, financial year 2025). The company has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals.

Financials · financial year 2025, micro format

Equity
-€12,921
Total assets
€150,324
Net result
-€15,421
Working capital
-€14,856

Turnover and EBIT margin not published: the micro format does not require them.

Balance-sheet composition
Assets €150,324
Fixed assets €122,649
Current assets €27,675
Equity and liabilities
Equity-€12,921
Debt€163,246
Equity is negative: debt (€163,246) exceeds the balance-sheet total (€150,324).
Key figures and ratios
2025 value
EBITDA
-€263
Cash flow
-€1,304
Solvency
-8.6%
Current ratio
0.65
Quick ratio
0.59
ROA
-10.3%
Interest coverage
-0.24
Debt
€163,246
Debt ≤ 1 year
€42,531
Debt > 1 year
€120,000
Staff costs
€68,686
No debt to equity: equity is negative, so debt divided by equity means nothing.

Peer companies

Historical observation

Of the 7,639 companies that looked in July 2024 the way this one looks now, 8.8% went bankrupt within 24 months and 84.8% are still going.

  • Micro
  • 2 to 5 years old
  • negative equity
  • a loss of 10% of the balance sheet or more
8.8% went bankrupt
5.6% stopped otherwise
84.8% still going

A further 0.7% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 3.9% 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 497,474 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 74.5% 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 7,639 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 · 41 lines
Balance sheet Code2025
Assets
Total assets20/58€150,324
Fixed assets21/28€122,649
Tangible fixed assets22/27€122,649
Plant, machinery and equipment23€121,257
Furniture and vehicles24€1,392
Current assets29/58€27,675
Stocks and contracts in progress3€2,372
Stocks30/36€2,372
Amounts receivable within one year40/41€2,825
Trade receivables40€2,786
Other amounts receivable41€39
Cash at bank and in hand54/58€22,347
Deferred charges and accrued income490/1€131
Equity and liabilities
Total equity and liabilities10/49€150,324
Equity10/15-€12,921
Contributions10/11€2,500
Profit (loss) carried forward14-€15,421
Amounts payable17/49€163,246
Amounts payable after more than one year17€120,000
Other amounts payable178/9€120,000
Amounts payable within one year42/48€42,531
Trade debts44€17,403
Suppliers440/4€17,403
Taxes, remuneration and social security45€22,919
Taxes450/3€10,039
Remuneration and social security454/9€12,880
Other amounts payable47/48€2,209
Accrued charges and deferred income492/3€715
Income statement Code2025
Remuneration, social security and pensions62€68,686
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€14,118
Other operating charges640/8€98
Gross operating margin9900€68,521
Operating profit (loss)9901-€14,380
Financial income75/76B€52
Recurring financial income75€52
Financial charges65/66B€1,094
Recurring financial charges65€1,094
Profit (loss) for the period before taxes9903-€15,421
Profit (loss) for the period9904-€15,421
Profit (loss) for the period to be appropriated9905-€15,421
Appropriation of the result
Profit (loss) to be appropriated9906-€15,421

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

Line2025
Remuneration, social security and pensions62€68,686
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€14,118
Other operating charges640/8€98
Gross operating margin9900€68,521
Operating profit (loss)9901-€14,380
Financial income75/76B€52
Recurring financial income75€52
Financial charges65/66B€1,094
Recurring financial charges65€1,094
Profit (loss) for the period before taxes9903-€15,421
Profit (loss) for the period9904-€15,421
Profit (loss) for the period to be appropriated9905-€15,421
Line2025
Assets
Total assets20/58€150,324
Fixed assets21/28€122,649
Tangible fixed assets22/27€122,649
Plant, machinery and equipment23€121,257
Furniture and vehicles24€1,392
Current assets29/58€27,675
Stocks and contracts in progress3€2,372
Stocks30/36€2,372
Amounts receivable within one year40/41€2,825
Trade receivables40€2,786
Other amounts receivable41€39
Cash at bank and in hand54/58€22,347
Deferred charges and accrued income490/1€131
Equity and liabilities
Total equity and liabilities10/49€150,324
Equity10/15-€12,921
Contributions10/11€2,500
Profit (loss) carried forward14-€15,421
Amounts payable17/49€163,246
Amounts payable after more than one year17€120,000
Other amounts payable178/9€120,000
Amounts payable within one year42/48€42,531
Trade debts44€17,403
Suppliers440/4€17,403
Taxes, remuneration and social security45€22,919
Taxes450/3€10,039
Remuneration and social security454/9€12,880
Other amounts payable47/48€2,209
Accrued charges and deferred income492/3€715
Line2025
Profit (loss) for the period9904-€15,421
+ Depreciation and write-downs630€14,118
Operating cash flow (approximation)-€1,304

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

Filings with the National Bank (1)
Financial year Type Filed Reference
30-06-2025 micro format 29-01-2026 2026-00017595

Similar companies · same sector and region

This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of the 21,397 active companies whose main activity is limited-service restaurants, excluding mobile food services (NACE 56112), figures are known for 9,824. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.