Skip to content

Eqwal

Active
Public limited companyfounded 198441 yrs activeHerman Teirlinckstraat 15, 9041 Gent, BelgiumKBO/BCE: BE 0426.419.720
Summary

Eqwal has been active since 1984 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €7.6m and a net result of €1.2m. Equity is growing by ~8.2% per year across the filed fiscal years. Its solvency ranks better than 39% of 4909 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).

Checked score

Score 2025
Axes · tick = 2024
Profitability68▼-10
Solvency60▼-5
Growth76▲+1
Track record100
Bankruptcy probability, 12 months
0.5% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €440,000 at 30 days acceptable
Liquidity tight (current ratio 1.14 against 1.36 in 2024; short-term debt: 62.7% and cash: 0% of total assets), and 64.8% of the assets are financed with debt.
Credit check for your own amount and term

Open the credit simulator : see how the verdict changes with amount, term and advance.

Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Multiple establishment units
Several establishment units mean more fixed costs, and such companies fail more often than a company with one establishment.
KBO · establishment units
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 41 years 0 50 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
35.2%
Return on assets
5.6%
Age of the figures
12 mo
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Wholesale trade (NACE 46)
about 21% more bankruptcies
← fewer bankruptcies more bankruptcies →
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 20-04-2026, 10 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
10 d early
2024
13 d early
2023
on the day
2022
3 d late
2021
30 d early
2020
38 d early
2019
1 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 13 days before the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
27-09-2026 today30-09-2026 close30-04-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

Eqwal was incorporated on 26 October 1984.1 In 2026 the capital was increased 2 times, most recently to EUR 844,247.23 MOBILITY BY OLIVIER and ORTHOSHOP were merged into the company in 2026.4

  1. 1Crossroads Bank for Enterprises
  2. 2Belgian State Gazette, 09-02-2026
  3. 3Belgian State Gazette, 09-02-2026
  4. 4Belgian State Gazette, 09-02-2026

Go further with this company

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 2025, full schema

Turnover
€38.9m▲ 13.0%
2024 · €34.5m
EBIT margin
4.3%▼ 5.0pp
2024 · 9.3%
Net result
€1.2m▼ 49.6%
2024 · €2.4m
Working capital
€1.9m▼ 64.4%
2024 · €5.2m
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Turnover€14.8m▼ 17.5%€21.9m▲ 48.1%€26.1m▲ 19.0%€34.5m▲ 32.4%€38.9m▲ 13.0%
Operating result€1.2m▼ 41.8%€3.3m▲ 175%€3.3m▲ 0.1%€3.2m▼ 2.8%€1.7m▼ 47.7%
Net result€790,346▼ 41.9%€2.5m▲ 214%€2.5m▼ 1.2%€2.4m▼ 2.7%€1.2m▼ 49.6%
EBIT margin8.1%▼ 3.4pp15.0%▲ 6.9pp12.6%▼ 2.4pp9.3%▼ 3.4pp4.3%▼ 5.0pp
Equity€5.4m▼ 11.7%€6.9m▲ 27.6%€6.9m=€9.7m▲ 41.8%€7.6m▼ 21.6%
Total assets€12.3m▼ 23.9%€13.6m▲ 10.4%€17.1m▲ 25.8%€24.3m▲ 42.5%€21.6m▼ 11.0%
Debt€6.9m▼ 31.3%€6.7m▼ 3.0%€10.2m▲ 52.2%€14.6m▲ 43.0%€14.0m▼ 4.0%
Working capital€2.2m▼ 53.2%€3.8m▲ 71.9%€3.1m▼ 19.8%€5.2m▲ 71.6%€1.9m▼ 64.4%
Staff (FTE)92.1▼ 6.2%100.2▲ 8.8%111.2▲ 11.0%158.1▲ 42.2%187.8▲ 18.8%
Why a figure moved sharply
  • 2022 Net result +214% on 2021. The previous fiscal year ran 9 months, this one 12.
Result per fiscal year
Operating resultNet result
€0€1.0m€2.0m€3.0mOperating result 2021: €1.2m€1.2mNet result 2021: €790,346€790,346Operating result 2022: €3.3m€3.3mNet result 2022: €2.5m€2.5mOperating result 2023: €3.3m€3.3mNet result 2023: €2.5m€2.5mOperating result 2024: €3.2m€3.2mNet result 2024: €2.4m€2.4mOperating result 2025: €1.7m€1.7mNet result 2025: €1.2m€1.2m20212022202320242025€0€1m€2m€3mOperating result 2023: €3.3m€3.3mNet result 2023: €2.5m€2.5mOperating result 2024: €3.2m€3.2mNet result 2024: €2.4m€2.4mOperating result 2025: €1.7m€1.7mNet result 2025: €1.2m€1.2m202320242025
The operating result has fallen two years in a row; 2025 is 48% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €21.6m
Fixed assets €6.2m ▲ 31.1%
Current assets €15.4m ▼ 21.2%
Equity and liabilities €21.6m
Equity €7.6m ▼ 21.6%
Debt €14.0m ▼ 4.0%
Debt's share of the balance-sheet total rises from 60.0% to 64.8%. Equity and debt are lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€3.1m▼
2024 · €4.4m
Cash flow
€2.7m▼
2024 · €3.6m
Current ratio
1.14▼
2024 · 1.36
Quick ratio
0.74▼
2024 · 1.04
Debt to equity
1.84▲
2024 · 1.50
ROE
15.8%▼
2024 · 24.5%
ROA
5.6%▼
2024 · 9.8%
Interest coverage
44.82▼
2024 · 177.38
Debt ≤ 1 year
€13.6m▼
2024 · €14.4m
Debt > 1 year
€305,014▲
2024 · €245,056
Income taxes
€606,415▼
2024 · €999,390
Staff costs
€13.8m▲
2024 · €11.3m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 1,552 companies that looked in July 2024 the way this one looks now, 0.1% went bankrupt within 24 months and 97% are still going.

  • Medium-sized
  • 20 years or older
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.1% went bankrupt
3.2% stopped otherwise
97% still going

For this company itself Checked computes a bankruptcy probability of 0.5% 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 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
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% 1.6%
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 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 1,552 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 · 85 lines
Balance sheet Code20242025
Assets
Total assets20/58€24.3m€21.6m▼
Fixed assets21/28€4.7m€6.2m▲
Intangible fixed assets21€2.2m€2.1m▼
Tangible fixed assets22/27€2.4m€3.9m▲
Land and buildings22€109,974€142,386▲
Plant, machinery and equipment23€1.2m€1.4m▲
Furniture and vehicles24€359,884€493,606▲
Leasing and similar rights25€186,656€392,042▲
Other tangible fixed assets26€587,292€1.4m▲
Financial fixed assets28€142,258€276,826▲
Affiliated companies280/1€3,087€3,087=
Participating interests280€3,087€3,087=
Other financial fixed assets284/8€139,171€273,739▲
Amounts receivable and cash guarantees285/8€139,171€273,739▲
Current assets29/58€19.6m€15.4m▼
Stocks and contracts in progress3€4.7m€5.3m▲
Stocks30/36€4.7m€5.3m▲
Raw materials and consumables30/31€1.6m€1.9m▲
Work in progress32€114,067€99,766▼
Finished goods33€600,093€675,784▲
Goods purchased for resale34€2.4m€2.7m▲
Amounts receivable within one year40/41€14.5m€9.7m▼
Trade receivables40€10.4m€8.2m▼
Other amounts receivable41€4.1m€1.5m▼
Cash at bank and in hand54/58€158,465€10,669▼
Deferred charges and accrued income490/1€279,829€358,974▲
Equity and liabilities
Total equity and liabilities10/49€24.3m€21.6m▼
Equity10/15€9.7m€7.6m▼
Contributions10/11€808,686€808,686=
Capital10€808,686€808,686=
Issued capital100€821,086€808,686▼
Uncalled capital101€12,400-
Reserves13€6.4m€6.4m=
Non-distributable reserves130/1€73,280€73,281=
Legal reserve130€73,280€73,281=
Tax-exempt reserves132€3,810€3,810=
Distributable reserves133€6.3m€6.3m=
Profit (loss) carried forward14€2.5m€448,792▼
Amounts payable17/49€14.6m€14.0m▼
Amounts payable after more than one year17€245,056€305,014▲
Financial debts170/4€245,056€305,014▲
Leasing and similar obligations172€245,056€305,014▲
Amounts payable within one year42/48€14.4m€13.6m▼
Current portion of amounts payable after more than one year42€171,570€174,762▲
Trade debts44€5.8m€5.7m▼
Suppliers440/4€5.8m€5.7m▼
Taxes, remuneration and social security45€4.3m€4.2m▼
Taxes450/3€1.6m€1.6m▼
Remuneration and social security454/9€2.7m€2.7m▼
Other amounts payable47/48€4.1m€3.5m▼
Accrued charges and deferred income492/3€6,802€146,069▲
Income statement Code20242025
Operating income70/76A€36.1m€41.5m▲
Turnover70€34.5m€38.9m▲
Change in stocks of work in progress, finished goods and contracts in progress71€219,888€61,390▼
Other operating income74€1.4m€2.0m▲
Non-recurring operating income76A€0€463,956▲
Operating charges60/66A€32.9m€39.8m▲
Goods for resale, raw materials and consumables60€10.0m€11.7m▲
Purchases600/8€10.7m€12.3m▲
Change in stocks: decrease (increase)609-€664,823-€599,375▲
Services and other goods61€10.2m€11.5m▲
Remuneration, social security and pensions62€11.3m€13.8m▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1.2m€1.5m▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€161,255€445,769▲
Other operating charges640/8€84,977€903,775▲
Operating profit (loss)9901€3.2m€1.7m▼
Financial income75/76B€247,452€216,467▼
Recurring financial income75€247,452€216,467▼
Income from current assets751€163,985€61,153▼
Other financial income752/9€83,467€155,314▲
Financial charges65/66B€64,758€81,792▲
Recurring financial charges65€64,758€81,792▲
Debt charges650€24,789€69,816▲
Other financial charges652/9€39,969€11,976▼
Profit (loss) for the period before taxes9903€3.4m€1.8m▼
Income taxes67/77€999,390€606,415▼
Taxes670/3€1.3m€659,573▼
Tax adjustments and reversals of tax provisions77€287,885€53,158▼
Profit (loss) for the period9904€2.4m€1.2m▼
Profit (loss) for the period to be appropriated9905€2.4m€1.2m▼
Appropriation of the result
Profit (loss) to be appropriated9906€6.3m€3.7m▼
Profit (loss) brought forward from the previous period14P€4.0m€2.5m▼
Profit to be distributed694/7€3.8m€3.3m▼
Return on contributions (dividend)694€3.8m€3.3m▼
Social balance
Average headcount (FTE)9087158.1187.8▲

The notes to these accounts (94 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Operating income70/76A-€22.9m€26.7m€36.1m€41.5m▲ 14.8%
Turnover70€14.8m€21.9m€26.1m€34.5m€38.9m▲ 13.0%
Change in stocks of work in progress, finished goods and contracts in progress71-€59,096-€219,888€61,390▼ 72.1%
Other operating income74-€975,046€638,339€1.4m€2.0m▲ 39.2%
Non-recurring operating income76A--€250€0€463,956▲ 125,393,414%
Operating charges60/66A-€19.6m€23.4m€32.9m€39.8m▲ 20.8%
Goods for resale, raw materials and consumables60-€6.3m€7.5m€10.0m€11.7m▲ 16.8%
Purchases600/8-€6.3m€8.0m€10.7m€12.3m▲ 15.2%
Change in stocks: decrease (increase)609--€8,880-€494,194-€664,823-€599,375▲ 9.8%
Services and other goods61-€5.9m€6.8m€10.2m€11.5m▲ 12.9%
Remuneration, social security and pensions62-€6.4m€8.0m€11.3m€13.8m▲ 22.2%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€892,933€976,904€1.0m€1.2m€1.5m▲ 21.8%
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€57,960€41,917€161,255€445,769▲ 176%
Other operating charges640/8-€28,153€46,176€84,977€903,775▲ 964%
Operating profit (loss)9901€1.2m€3.3m€3.3m€3.2m€1.7m▼ 47.7%
Financial income75/76B-€85,771€201,989€247,452€216,467▼ 12.5%
Recurring financial income75€67,086€85,771€201,989€247,452€216,467▼ 12.5%
Income from current assets751-€14,984€141,977€163,985€61,153▼ 62.7%
Other financial income752/9-€70,786€60,012€83,467€155,314▲ 86.1%
Financial charges65/66B-€17,582€26,298€64,758€81,792▲ 26.3%
Recurring financial charges65€86,392€17,582€26,298€64,758€81,792▲ 26.3%
Debt charges650€73,484€8,701€16,117€24,789€69,816▲ 182%
Other financial charges652/9-€8,881€10,180€39,969€11,976▼ 70.0%
Profit (loss) for the period before taxes9903€1.2m€3.4m€3.5m€3.4m€1.8m▼ 46.6%
Income taxes67/77€388,794€879,041€1.0m€999,390€606,415▼ 39.3%
Taxes670/3-€879,041€1.0m€1.3m€659,573▼ 48.8%
Tax adjustments and reversals of tax provisions77---€287,885€53,158▼ 81.5%
Profit (loss) for the period9904€790,346€2.5m€2.5m€2.4m€1.2m▼ 49.6%
Profit (loss) for the period to be appropriated9905€790,346€2.5m€2.5m€2.4m€1.2m▼ 49.6%
Line20212022202320242025Change
Assets
Total assets20/58€12.3m€13.6m€17.1m€24.3m€21.6m▼ 11.0%
Fixed assets21/28€3.5m€3.4m€4.2m€4.7m€6.2m▲ 31.1%
Intangible fixed assets21€1.7m€1.7m€2.4m€2.2m€2.1m▼ 5.0%
Tangible fixed assets22/27€1.7m€1.6m€1.7m€2.4m€3.9m▲ 59.9%
Land and buildings22-€34,869€78,426€109,974€142,386▲ 29.5%
Plant, machinery and equipment23-€281,046€494,045€1.2m€1.4m▲ 21.3%
Furniture and vehicles24-€239,540€229,316€359,884€493,606▲ 37.2%
Leasing and similar rights25-€416,214€376,373€186,656€392,042▲ 110%
Other tangible fixed assets26-€653,102€551,891€587,292€1.4m▲ 141%
Financial fixed assets28€98,326€98,426€98,326€142,258€276,826▲ 94.6%
Affiliated companies280/1-€3,087€3,087€3,087€3,087=
Participating interests280-€3,087€3,087€3,087€3,087=
Other financial fixed assets284/8-€95,339€95,239€139,171€273,739▲ 96.7%
Amounts receivable and cash guarantees285/8-€95,339€95,239€139,171€273,739▲ 96.7%
Current assets29/58€8.8m€10.2m€12.9m€19.6m€15.4m▼ 21.2%
Amounts receivable after more than one year29-€370,618€383,717---
Other amounts receivable291-€370,618€383,717---
Stocks and contracts in progress3€2.2m€2.3m€2.6m€4.7m€5.3m▲ 14.1%
Stocks30/36-€2.3m€2.6m€4.7m€5.3m▲ 14.1%
Raw materials and consumables30/31-€807,636€898,684€1.6m€1.9m▲ 20.1%
Work in progress32-€132,400€109,542€114,067€99,766▼ 12.5%
Finished goods33-€273,207€289,081€600,093€675,784▲ 12.6%
Goods purchased for resale34-€1.1m€1.3m€2.4m€2.7m▲ 11.8%
Amounts receivable within one year40/41€5.6m€5.8m€8.2m€14.5m€9.7m▼ 32.8%
Trade receivables40-€4.6m€5.0m€10.4m€8.2m▼ 20.9%
Other amounts receivable41-€1.2m€3.2m€4.1m€1.5m▼ 63.2%
Cash at bank and in hand54/58€830,452€1.6m€1.5m€158,465€10,669▼ 93.3%
Deferred charges and accrued income490/1-€131,514€201,395€279,829€358,974▲ 28.3%
Equity and liabilities
Total equity and liabilities10/49€12.3m€13.6m€17.1m€24.3m€21.6m▼ 11.0%
Equity10/15€5.4m€6.9m€6.9m€9.7m€7.6m▼ 21.6%
Contributions10/11€715,080€715,080€715,080€808,686€808,686=
Capital10-€715,080€715,080€808,686€808,686=
Issued capital100-€727,480€727,480€821,086€808,686▼ 1.5%
Uncalled capital101-€12,400€12,400€12,400--
Reserves13€4.7m€6.1m€6.1m€6.4m€6.4m=
Non-distributable reserves130/1-€73,280€73,280€73,280€73,281=
Legal reserve130-€73,280€73,280€73,280€73,281=
Tax-exempt reserves132-€3,810€3,810€3,810€3,810=
Distributable reserves133-€6.1m€6.1m€6.3m€6.3m=
Profit (loss) carried forward14---€2.5m€448,792▼ 82.4%
Amounts payable17/49€6.9m€6.7m€10.2m€14.6m€14.0m▼ 4.0%
Amounts payable after more than one year17€292,884€318,882€317,228€245,056€305,014▲ 24.5%
Financial debts170/4-€318,882€317,228€245,056€305,014▲ 24.5%
Leasing and similar obligations172-€318,882€317,228€245,056€305,014▲ 24.5%
Amounts payable within one year42/48€6.6m€6.4m€9.8m€14.4m€13.6m▼ 5.4%
Current portion of amounts payable after more than one year42-€129,283€182,778€171,570€174,762▲ 1.9%
Trade debts44€2.7m€2.9m€3.6m€5.8m€5.7m▼ 2.8%
Suppliers440/4-€2.9m€3.6m€5.8m€5.7m▼ 2.8%
Advances received on contracts in progress46-€41,525----
Taxes, remuneration and social security45-€2.1m€3.4m€4.3m€4.2m▼ 0.7%
Taxes450/3-€834,500€1.8m€1.6m€1.6m▼ 0.3%
Remuneration and social security454/9-€1.3m€1.5m€2.7m€2.7m▼ 1.0%
Other amounts payable47/48-€1.1m€2.7m€4.1m€3.5m▼ 14.5%
Accrued charges and deferred income492/3-€23,296€92,270€6,802€146,069▲ 2,048%
Line20212022202320242025Change
Profit (loss) for the period9904€790,346€2.5m€2.5m€2.4m€1.2m▼ 49.6%
+ Depreciation and write-downs630€892,933€976,904€1.0m€1.2m€1.5m▲ 21.8%
Operating cash flow (approximation)€1.7m€3.5m€3.5m€3.6m€2.7m▼ 25.8%
Investment in fixed assets (approximation)--€851,134-€1.8m-€1.7m-€2.9m▼ 70.4%
Change in cash-€771,193-€71,701-€1.4m-€147,796▲ 89.2%

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

Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 30-04-2027
2026
20-04
NBB filing Annual accounts filed
fiscal year 2025 · full schema
09-02
State Gazette act Capital & shares · Restructuring
Merger · Accounting effect · Director discharge11 facts ▸
  • General meeting, 31-12-2025
  • Merger, verrichting gelijkgesteld met een fusie door overneming, 01-01-2026
  • Accounting effect, 01-10-2025
  • Director discharge, MOBILITY BY OLIVIER
  • Capital increase, €35.560,62
  • Capital, €844.246,58
  • Statutes amendment
  • Power of attorney, CMS DeBacker
  • Shareholder, FINICOMA
  • Shareholder, FINICOMA
  • Condition, De fusie moet plaatsvinden op een ogenblik dat redelijkerwijs voorafgaat aan de met fusie door overneming gelijkgestelde verrichting, op grond waarvan de Vennoo…
09-02
State Gazette act Capital & shares · Restructuring
Merger · Accounting effect · Capital increase7 facts ▸
  • General meeting, 31-12-2025
  • Merger, absorption, 01-01-2026
  • Accounting effect, 01-10-2025
  • Capital increase, €294.000
  • Capital, €1.138.246,58
  • Statutes amendment
  • Power of attorney, CMS DeBacker
2025
17-04
NBB filing Annual accounts filed
fiscal year 2024 · full schema
2024
30-04
NBB filing Annual accounts filed
fiscal year 2023 · full schema
2023
03-05
NBB filing Annual accounts filed
fiscal year 2022 · full schema · 3 days late
2022
30-09
Financial Highest result since 2018net €2.5m ▲214%
Net result €2.5m, the highest in the series.
31-03
NBB filing Annual accounts filed
fiscal year 2021 · full schema
2021
23-06
NBB filing Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial Equity above €5mEq €6.1m ▲28.8%
3 profitable years in a row build equity to €6.1m.
30-07
NBB filing Annual accounts filed
fiscal year 2019 · full schema
2019
31-12
Financial Weakest financial yearnet €487,639 ▼33.8%
Net result drops to €487,639, the lowest in the series; recovery starts the following year.
Show earlier events
23-07
NBB filing Annual accounts filed
fiscal year 2018 · full schema
2018
13-07
NBB filing Annual accounts filed
fiscal year 2017 · full schema
2017
06-10
NBB filing Annual accounts filed
fiscal year 2016 · full schema · 67 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
2 of 46 acts read
About the unread acts

Of the 46 Belgian State Gazette acts we know for this company, 2 have been read. The other 44 have not 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
46 acts for this company are in the Belgian State Gazette, of which we have read 2. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Gent · 4 establishment units since 1996
seat establishment approximate All 4 establishment units on the map
Ground area
2.0 ha
Building footprint
7,577 m²
Volume, LiDAR
53,280 m³
4 parcels, Flanders · tallest building 16.0 m, ±4 floors. Linked by address, not a title deed.
6 companies at this address See who is registered here
4 establishment units
Herman Teirlinckstraat 15, 9041 Gent
Manufacture of coke and refined petroleum products
since 19962.025.740.872
Bisschoppenhoflaan 585, 2100 Antwerpen
Manufacture of leather and related products
since 20242.362.237.832
Aqtor!
Gouverneur Roppesingel 10, 3500 HasseltManufacture of leather and related products
since 20252.378.259.163
Eqwal
Krijgsbaan 3, 2110 WijnegemManufacture of leather and related products
since 20262.385.649.474
4 parcels
Flanders 4 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
44051C0551/00A000 Flanders 1.1 ha 1 · 4,763 m² 12.2 m · 2 fl.
71328D0383/00P003 Flanders 5,551 m² 1 · 1,032 m² 16.0 m · 4 fl.
11050B0046/00T005 Flanders 2,667 m² 1 · 1,404 m² 8.9 m · 2 fl.
11012A0287/00W002 Flanders 793 m² 1 · 377 m² 13.2 m · 2 fl.
Linked by address, not proof of ownership
Good to know
4 of 4 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Structure & network

Owners and holdings

1 owner · 1 holding

Chain of control

  1. Ovalie Développement 2FR 100%
  2. FINICOMA 100%
  3. Eqwal

Highest known parent: Ovalie Développement 2 (France). The sources do not say who stands above it.

Owners 1

Holdings 1

According to the annual accounts to 30-09-2024 of Eqwal and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

No current directors or connected companies found in the register.

Acquisitions and mergers

2 transactions
BE 0783.933.115operation treated as a merger by absorption · State Gazette act of 09-02-2026 (3 acts) · effective 01-01-2026
Took over:ORTHOSHOP
BE 0406.337.156merger by absorption · State Gazette act of 09-02-2026 (2 acts) · effective 01-01-2026

Capital and shareholders

Capital over the years
  1. 09-02-2026 Capital increase of 294,000 EUR · to 1,138,246.58 EUR · no new shares
  2. 09-02-2026 Capital increase of 35,560.62 EUR · to 844,246.58 EUR

Public money · subsidies and aid

Flemish government

2022 to 2025 · 14 entries · 315,389 EUR awarded · 303,286 EUR paid
Year Entries awardedpaid
2025 6 27,817 EUR53,464 EUR
2024 3 19,553 EUR21,229 EUR
2023 3 228,623 EUR190,842 EUR
2022 2 39,396 EUR37,751 EUR
Schemes
3 entries · 176,094 EUR · 164,597 EUR paid · Fonds voor Innoveren en Ondernemen
2 entries · 77,747 EUR · 77,747 EUR paid · AGENTSCHAP VLAAMSE SOCIALE BESCHERMING
2 entries · 31,993 EUR · 31,993 EUR paid · Departement Werk en Sociale Economie
4 entries · 22,551 EUR · 21,945 EUR paid · Fonds voor Innoveren en Ondernemen
1 entry · 2,663 EUR · 2,663 EUR paid · Departement Werk, Economie, Wetenschap, Innovatie en Sociale Economie
Show 2 more
1 entry · 2,276 EUR · 2,276 EUR paid · Departement Werk en Sociale Economie
1 entry · 2,065 EUR · 2,065 EUR paid · Vlaamse Dienst voor Arbeidsbemiddeling en Beroepsopleiding

Recognitions · licences · registrations

Care and welfare

1 service
Eqwal
Care and Health agency · live
Onderneming mobiliteitshulpmiddelen

Dual-learning approval

3 live approvals
Logistiek duaal (so)
Goedgekeurd · 2025 to 2030
Magazijnmedewerker (vwo)
Goedgekeurd · 2025 to 2030
Magazijnmedewerker duaal (so)
Goedgekeurd · 2025 to 2030

Legal Entity Identifier

894500FHZQF1LMRE6K43
live in the LEI register

Similar companies · same sector, comparable size

Of 1,903 companies in sector 46460 we hold annual accounts for 1,117. 496 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPublic limited company
Founded26-10-1984
Fiscal year end30-09
Activities, NACEBEL 2025
32500Manufacture of medical and dental instruments and supplies
46460Wholesale of pharmaceutical and medical goods
47741Retail sale of medical and orthopaedic goods, excluding prescription glasses and lenses
E-invoicing
Reachable via Peppol
Peppol ID 0208:0426419720
Registered 17-10-2025

Register as of 26 September 2026 · Peppol Directory

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