ACTIVE

EQUISTAL

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Financial year 2025 · closed on 30/06/2025

Net result

-11,7 k €

+66.3% YoY

Gross margin

91,4 k €

-32.4% YoY

Equity

182,2 k €

-6.0% YoY

What does EQUISTAL do?

EQUISTAL is a Private limited company incorporated in 1989. Its main activity is: Growing of tropical and subtropical fruits. Its registered office is in Nivelles.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0437.353.697

Incorporation

25/04/1989

Legal form

Private limited company

Registered office

Rue du Centre 59
1404 Nivelles · WallonieSee on map

Contributed capital

18 592,01 €

Latest accounts

30/06/2025

Activities (NACE)

01220Growing of tropical and subtropical fruits· main 93127Activities of sports clubs 93127Activities of sports clubs 01430Raising of horses and other equines 01430Raising of horses and other equines 46232Wholesale of live animals+13

Joint committees (3)

Signals

Solid equityPositive cashflowPositive EBITDA

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 19 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007
Income statement
Gross margin	91,4 k €	-32.4%	135,3 k €	-13.8%	157 k €	-32.0%	230,8 k €	+8.7%	212,3 k €	-18.5%	260,6 k €	-9.2%	286,9 k €	+53.3%	187,1 k €	-5.3%	197,5 k €	+10.5%	178,8 k €	-1.8%	182 k €	+36.4%	133,4 k €	+26.3%	105,6 k €	+48.0%	71,4 k €	-20.7%	90 k €	-21.4%	114,4 k €	-10.5%	127,8 k €	+31.7%	97 k €	+38.9%	69,9 k €
EBITDA	64,1 k €	+15.7%	55,4 k €	-14.7%	64,9 k €	-48.3%	125,5 k €	+4.1%	120,5 k €	-30.8%	174,1 k €	-6.6%	186,4 k €	+126%	82,4 k €	-21.3%	104,7 k €	+15.1%	91 k €	-4.2%	95 k €	+13.0%	84,1 k €	+45.6%	57,8 k €	+120%	26,2 k €	-53.9%	56,9 k €	-24.5%	75,3 k €	-14.9%	88,5 k €	+20.0%	73,7 k €	+40.1%	52,6 k €
Operating result	-7,8 k €	+68.2%	-24,5 k €	-7.7%	-22,8 k €	-183%	27,5 k €	+93.0%	14,3 k €	-78.6%	66,9 k €	-23.1%	87 k €	+199%	29,1 k €	-29.9%	41,6 k €	+54.5%	26,9 k €	-0.1%	26,9 k €	+27.9%	21 k €	+74.1%	12,1 k €	+221%	-10 k €	-136%	27,5 k €	-13.3%	31,7 k €	-48.8%	61,9 k €	+34.2%	46,2 k €	+61.0%	28,7 k €
Net result	-11,7 k €	+66.3%	-34,7 k €	-49.5%	-23,2 k €	-290%	12,2 k €	-31.5%	17,8 k €	-50.3%	35,8 k €	-35.4%	55,5 k €	+226%	17 k €	-24.7%	22,6 k €	+48.8%	15,2 k €	-0.9%	15,3 k €	+57.9%	9,7 k €	+1284%	-819,2 €	+96.1%	-21,2 k €	-270%	12,5 k €	-33.9%	18,9 k €	-56.0%	42,9 k €	+72.9%	24,8 k €	+85.2%	13,4 k €
Balance sheet
Equity	182,2 k €	-6.0%	193,9 k €	-15.2%	228,6 k €	-9.2%	251,8 k €	+5.1%	239,6 k €	+6.4%	225,2 k €	+2.7%	219,4 k €	+13.1%	193,9 k €	-1.5%	196,9 k €	+1.3%	194,3 k €	+8.5%	179,2 k €	+9.4%	163,8 k €	+6.3%	154,1 k €	+5.1%	146,6 k €	+3.6%	141,6 k €	+9.7%	129,1 k €	+15.0%	112,3 k €	+31.5%	85,4 k €	+41.0%	60,5 k €
Total assets	364,6 k €	-29.9%	519,9 k €	+7.4%	483,9 k €	-13.0%	556,4 k €	-4.3%	581,3 k €	-13.6%	673,2 k €	+3.4%	651,2 k €	+59.1%	409,2 k €	-22.9%	530,4 k €	+11.8%	474,2 k €	-11.5%	536,1 k €	+5.3%	509,3 k €	+1.8%	500,1 k €	-0.7%	503,5 k €	+26.6%	397,7 k €	+8.5%	366,4 k €	-6.7%	392,6 k €	+0.8%	389,5 k €	+6.6%	365,5 k €
Cash	7,7 k €		–		1,7 k €	-34.0%	2,6 k €	-57.1%	6 k €	-91.6%	70,6 k €	+756%	8,3 k €	-66.6%	24,7 k €	-36.7%	39 k €	+4017%	946,9 €	-91.6%	11,3 k €	+323%	2,7 k €	-95.8%	63,3 k €	+41.5%	44,7 k €	-53.7%	96,6 k €	+266%	26,4 k €	+459%	4,7 k €	-83.4%	28,5 k €	+41.2%	20,2 k €
Debts	182,4 k €	-44.1%	326 k €	+27.7%	255,3 k €	-13.7%	295,7 k €	-12.2%	337 k €	-24.8%	448 k €	+3.8%	431,8 k €	+101%	215,2 k €	-35.4%	333,4 k €	+19.1%	279,9 k €	-21.6%	356,9 k €	+3.3%	345,5 k €	-0.1%	346 k €	-0.7%	348,3 k €	+36.0%	256,1 k €	+7.9%	237,3 k €	-15.3%	280,3 k €	-7.8%	304,2 k €	-0.3%	304,9 k €
Other
Workforce	–		2,1 ETP	-19.2%	2,6 ETP	-13.3%	3,0 ETP	-3.2%	3,1 ETP		–		–		–		–		3,0 ETP	0.0%	3,0 ETP	-14.3%	3,5 ETP	+34.6%	2,6 ETP	-27.8%	3,6 ETP	+125%	1,6 ETP	-11.1%	1,8 ETP	-21.7%	2,3 ETP	+43.7%	1,6 ETP		–

Estimate

Indicative valuation

As an indication, this company is worth

between 100 k€ and 250 k€

See the valuation

Governance

Board of directors

Seen on filing of 30/06/2025 · 1 active · 3 ended

Active mandates

GAETAN STALPAERT

Manager

Active

Ended mandates

GAETAN STALPAERT

Manager · since 01 juillet 2003

Ended

DANIEL STALPAERT

Manager

Ended

GAETAN STALPAERT

Director

Ended

At this address

Other companies at this address

Company	CBE no.
DDS STUD● Active	1011.616.463
GS Stables● Active	0846.444.566

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Micro model
Start of the financial year	01/07/2024	01/07/2023	01/07/2022	01/07/2021	01/07/2020	01/07/2019
Closing of the financial year	30/06/2025	30/06/2024	30/06/2023	30/06/2022	30/06/2021	30/06/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	02/02/2026	25/01/2025	22/12/2023	16/02/2023	08/02/2022	17/02/2021
General meeting	14/10/2025	08/10/2024	10/10/2023	11/10/2022	12/10/2021	13/10/2020
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	30/06/2025	14/10/2025	02/02/2026	French	PDF
Abridged model	30/06/2024	08/10/2024	25/01/2025	French	PDF
Abridged model	30/06/2023	10/10/2023	22/12/2023	French	PDF
Abridged model	30/06/2022	11/10/2022	16/02/2023	French	PDF
Abridged model	30/06/2021	12/10/2021	08/02/2022	French	PDF
Micro model	30/06/2020	13/10/2020	17/02/2021	French	PDF
Micro model	30/06/2019	08/10/2019	03/12/2019	French	PDF
Micro model	30/06/2018	09/10/2018	29/01/2019	French	PDF
Micro model	30/06/2017	10/10/2017	30/01/2018	French	PDF
Abridged model	30/06/2016	11/10/2016	13/01/2017	French	PDF
Abridged model	30/06/2015	13/10/2015	10/02/2016	French	PDF
Abridged model	30/06/2014	14/10/2014	29/12/2014	French	PDF
Abridged model	30/06/2013	08/10/2013	27/02/2014	French	PDF
Abridged model	30/06/2012	09/10/2012	27/02/2013	French	PDF
Abridged model	30/06/2011	11/10/2011	04/01/2012	French	PDF
Abridged model	30/06/2010	12/10/2010	22/02/2011	French	PDF
Abridged model	30/06/2009	13/10/2009	02/02/2010	French	PDF
Abridged model	30/06/2008	14/10/2008	29/01/2009	French	PDF
Abridged model	30/06/2007	29/10/2007	26/02/2008	French	PDF
Abridged model	30/06/2006	29/10/2006	27/03/2007	French	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 k€ and 250 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 30/06/2025 · 1 active · 3 ended

Active mandates

GAETAN STALPAERT

Manager

Active

Ended mandates

GAETAN STALPAERT

Manager · since 01 juillet 2003

Ended

DANIEL STALPAERT

Manager

Ended

GAETAN STALPAERT

Director

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates18/01/2024
MODIFICATION FORME JURIDIQUE - DEMISSIONS, NOMINATIONS
PDF
Mandates03/05/2013
DEMISSIONS, NOMINATIONS
PDF
Capital / shares25/04/2013
OBJET - CAPITAL, ACTIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Mandates24/12/2003
DEMISSIONS, NOMINATIONS
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 2025-11,7 k €↑
2024
Annual accounts 2024-34,7 k €↓
2023
Annual accounts 2023-23,2 k €↓
2022
Annual accounts 202212,2 k €↓
2021
Annual accounts 202117,8 k €↓
2020
Annual accounts 202035,8 k €↓
2019
Annual accounts 201955,5 k €↑
2018
Annual accounts 201817 k €↓
2017
Annual accounts 201722,6 k €↑
2016
Annual accounts 201615,2 k €↓
2015
Annual accounts 201515,3 k €↑
2014
Annual accounts 20149,7 k €↑
2013
Annual accounts 2013-819,2 €↑
2012
Annual accounts 2012-21,2 k €↓
2011
Annual accounts 201112,5 k €↓
2010
Annual accounts 201018,9 k €↓
2009
Annual accounts 200942,9 k €↑
2008
Annual accounts 200824,8 k €↑
2007
Annual accounts 200713,4 k €
25/04/1989
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

EQUISTAL

Overview

What does EQUISTAL do?

Trend over 19 financial years

Indicative valuation

Board of directors

Other companies at this address

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