ACTIVE

EQUIPAL

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Financial year 2025 · closed on 31/12/2025

Net result

27,5 k €

+53.8% YoY

Gross margin

788,5 k €

+7.9% YoY

Equity

748,3 k €

+3.8% YoY

Workforce

11,7 ETP

+4.5% YoY

What does EQUIPAL do?

EQUIPAL is a Private limited company incorporated in 1978. Its main activity is: Joinery installation. Its registered office is in Lubbeek. It employs on average 11,7 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0418.594.293

Incorporation

11/08/1978

Legal form

Private limited company

Registered office

Ambachtenstraat(LUB) 2
3210 Lubbeek · FlandreSee on map

Contributed capital

80 565,40 €

Latest accounts

31/12/2025

Average workforce

11,7 ETP

Activities (NACE)

43320Joinery installation· main 43320Joinery installation 45421Sale, maintenance and repair of motorcycles and related parts and accessories 25401Manufacture of weapons and ammunition 25501Forging, pressing, stamping and roll-forming of metal; powder metallurgy 31001Manufacture of furniture+3

Joint committees (3)

Contacts

1 public detail availableLog in to view

Signals

ProfitableSolid equityLow riskPositive cashflowPositive EBITDAHealthy social debts

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 17 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009
Income statement
Gross margin	788,5 k €	+7.9%	730,8 k €	+5.8%	690,7 k €	-8.2%	752,2 k €	+11.5%	674,9 k €	-5.8%	716,3 k €	-11.4%	808,5 k €	+1.4%	797,3 k €	+5.6%	755,2 k €	-9.6%	835,7 k €	+0.7%	829,8 k €	+1.0%	821,8 k €	-6.0%	873,9 k €	-3.8%	908,7 k €	-9.6%	1 M €	-4.3%	1,1 M €	+5.5%	994,9 k €
EBITDA	110,7 k €	+37.2%	80,7 k €	+36.5%	59,1 k €	-9.4%	65,2 k €	-34.9%	100,2 k €	-7.9%	108,8 k €	-8.3%	118,7 k €	+12.9%	105,1 k €	+21.9%	86,2 k €	-19.4%	107 k €	-16.3%	127,8 k €	+3.5%	123,5 k €	-19.9%	154,3 k €	+94.1%	79,5 k €	-56.1%	181,2 k €	-13.3%	208,9 k €	+4.9%	199,2 k €
Operating result	46,5 k €	+40.9%	33 k €	+365%	7,1 k €	-54.3%	15,5 k €	-21.1%	19,7 k €	-31.5%	28,7 k €	-13.7%	33,3 k €	+7.7%	30,9 k €	+306%	7,6 k €	-82.2%	42,9 k €	-31.1%	62,2 k €	+21.7%	51,1 k €	-43.0%	89,7 k €	+12939%	-699 €	-101%	87,5 k €	-16.4%	104,7 k €	-6.9%	112,4 k €
Net result	27,5 k €	+53.8%	17,9 k €	+205%	5,9 k €	-57.4%	13,8 k €	+174%	5 k €	-60.3%	12,6 k €	-28.0%	17,5 k €	+134%	7,5 k €	+375%	1,6 k €	-89.9%	15,6 k €	-48.1%	30 k €	+9.3%	27,4 k €	-41.7%	47,1 k €	+355%	-18,4 k €	-143%	42,8 k €	+3.1%	41,5 k €	-26.9%	56,8 k €
Balance sheet
Equity	748,3 k €	+3.8%	720,7 k €	+2.5%	702,8 k €	+0.8%	697 k €	+2.0%	683,2 k €	+0.7%	678,2 k €	+1.9%	665,6 k €	+2.7%	648,1 k €	+1.2%	640,6 k €	+0.2%	639 k €	+2.5%	623,5 k €	+5.1%	593,4 k €	+4.8%	566 k €	+9.1%	518,9 k €	-3.4%	537,4 k €	+13.4%	473,7 k €	+9.6%	432,2 k €
Total assets	1,5 M €	-5.8%	1,5 M €	+7.4%	1,4 M €	+1.7%	1,4 M €	+6.3%	1,3 M €	-10.7%	1,5 M €	-8.1%	1,6 M €	+11.6%	1,4 M €	-1.3%	1,5 M €	+3.7%	1,4 M €	+5.8%	1,3 M €	-10.5%	1,5 M €	+4.0%	1,4 M €	-8.5%	1,6 M €	-1.1%	1,6 M €	-6.5%	1,7 M €	+17.8%	1,4 M €
Cash	124 k €	-39.3%	204,3 k €	+96.0%	104,2 k €	+0.8%	103,4 k €	+19.1%	86,8 k €	-24.6%	115,1 k €	-28.5%	161 k €	+171%	59,4 k €	-51.3%	121,9 k €	-23.1%	158,5 k €	+105%	77,3 k €	+14.2%	67,7 k €	+64.3%	41,2 k €	+42.4%	28,9 k €	+205%	9,5 k €	-82.0%	52,8 k €	-25.6%	71,1 k €
Debts	701,8 k €	-14.3%	818,9 k €	+12.1%	730,2 k €	+2.5%	712,3 k €	+10.8%	642,8 k €	-20.3%	806,1 k €	-15.1%	949,9 k €	+18.9%	799,2 k €	-3.2%	825,7 k €	+6.6%	774,8 k €	+8.8%	712,1 k €	-20.8%	898,6 k €	+3.5%	868,4 k €	-17.1%	1 M €	+3.5%	1 M €	-14.6%	1,2 M €	+21.4%	977,3 k €
Other
Workforce	11,7 ETP	+4.5%	11,2 ETP	0.0%	11,2 ETP	-0.9%	11,3 ETP	0.0%	11,3 ETP	-10.3%	12,6 ETP	-13.7%	14,6 ETP	-10.4%	16,3 ETP	+3.2%	15,8 ETP	-2.5%	16,2 ETP	+3.2%	15,7 ETP	-1.9%	16,0 ETP	-1.8%	16,3 ETP	-12.8%	18,7 ETP	-0.5%	18,8 ETP	0.0%	18,8 ETP	-3.6%	19,5 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 2 ended

Active mandates

ALAIN QUISQUATER

Director

Active

Ended mandates

ALAIN QUISQUATER

Manager

Ended

ILSE COCHET

Manager

Ended

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	22/06/2026	24/06/2025	30/05/2024	30/05/2023	30/05/2022	16/06/2021
General meeting	25/05/2026	26/05/2025	06/05/2024	02/05/2023	02/05/2022	24/05/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	25/05/2026	22/06/2026	Dutch	PDF
Abridged model	31/12/2024	26/05/2025	24/06/2025	Dutch	PDF
Abridged model	31/12/2023	06/05/2024	30/05/2024	Dutch	PDF
Abridged model	31/12/2022	02/05/2023	30/05/2023	Dutch	PDF
Abridged model	31/12/2021	02/05/2022	30/05/2022	Dutch	PDF
Abridged model	31/12/2020	24/05/2021	16/06/2021	Dutch	PDF
Abridged model	31/12/2019	13/08/2020	21/08/2020	Dutch	PDF
Abridged model	31/12/2018	06/05/2019	28/05/2019	Dutch	PDF
Abridged model	31/12/2017	28/05/2018	21/06/2018	Dutch	PDF
Abridged model	31/12/2016	08/05/2017	06/06/2017	Dutch	PDF
Abridged model	31/12/2015	02/05/2016	16/08/2016	Dutch	PDF
Abridged model	31/12/2014	04/05/2015	14/08/2015	Dutch	PDF
Abridged model	31/12/2013	05/05/2014	14/08/2014	Dutch	PDF
Abridged model	31/12/2012	06/05/2013	28/08/2013	Dutch	PDF
Abridged model	31/12/2011	14/06/2012	18/06/2012	Dutch	PDF
Abridged model	31/12/2010	30/06/2011	11/07/2011	Dutch	PDF
Abridged model	31/12/2009	30/06/2010	06/07/2010	Dutch	PDF
Abridged model	31/12/2008	15/06/2009	24/06/2009	Dutch	PDF
Abridged model	31/12/2007	06/06/2008	18/07/2008	Dutch	PDF
Abridged model	31/12/2006	27/06/2007	10/07/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 k€ and 500 k€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 2 ended

Active mandates

ALAIN QUISQUATER

Director

Active

Ended mandates

ALAIN QUISQUATER

Manager

Ended

ILSE COCHET

Manager

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates28/12/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
PDF
Mandates21/02/2020
ONTSLAGEN - BENOEMINGEN
PDF
Mandates05/10/2006
ONTSLAGEN - BENOEMINGEN - MAATSCHAPPELIJKE ZETEL - ALGEMENE VERGADERING - KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

2025
Annual accounts 202527,5 k €↑
2024
Annual accounts 202417,9 k €↑
2023
Annual accounts 20235,9 k €↓
2022
Annual accounts 202213,8 k €↑
2021
Annual accounts 20215 k €↓
2020
Annual accounts 202012,6 k €↓
2019
Annual accounts 201917,5 k €↑
2018
Annual accounts 20187,5 k €↑
2017
Annual accounts 20171,6 k €↓
2016
Annual accounts 201615,6 k €↓
2015
Annual accounts 201530 k €↑
2014
Annual accounts 201427,4 k €↓
2013
Annual accounts 201347,1 k €↑
2012
Annual accounts 2012-18,4 k €↓
2011
Annual accounts 201142,8 k €↑
2010
Annual accounts 201041,5 k €↓
2009
Annual accounts 200956,8 k €
11/08/1978
IncorporationPrivate limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

EQUIPAL

Overview

What does EQUIPAL do?

Trend over 17 financial years

Indicative valuation

Board of directors

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline