ACTIVE

EQGO

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Financial year 2025 · closed on 31/12/2025

Net result

417,4 k €

+38.7% YoY

Gross margin

1,2 M €

+4.4% YoY

Equity

2,1 M €

+25.3% YoY

What does EQGO do?

EQGO is a Public limited company incorporated in 1995. Its main activity is: Development of building projects. Its registered office is in Merchtem.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0455.515.760

Incorporation

29/06/1995

Legal form

Public limited company

Registered office

Kleistraat 68
1785 Merchtem · FlandreSee on map

Contributed capital

99 160,00 €

Latest accounts

31/12/2025

Activities (NACE)

41101Development of building projects· main 68121Buying and selling of own real estate 41001Construction of buildings 41201Construction of residential and non-residential buildings 68201Rental and operating of own or leased real estate 68201Rental and operating of own or leased real estate

Signals

ProfitableLow riskGood liquidityPositive cashflowPositive EBITDA

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 20 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	1,2 M €	+4.4%	1,2 M €	+11.4%	1,1 M €	+6.3%	1 M €		–		–		–		-9,2 k €	-11.4%	-8,2 k €	+3.8%	-8,6 k €	-108%	105 k €	-23.5%	137,3 k €	+4.0%	132,1 k €	+1.1%	130,7 k €	+113%	61,4 k €	-8.1%	66,8 k €	-55.5%	150,2 k €	+56142%	-268 €	-103%	-132 €	+21.4%	-168 €
EBITDA	1,1 M €	+4.6%	1,1 M €	+5.5%	996,7 k €	+8.4%	919,6 k €	+56.8%	586,5 k €	+315%	141,2 k €	+220%	-118 k €	-1065%	-10,1 k €	-117%	60,5 k €	+734%	-9,5 k €	-111%	89,1 k €	-35.7%	138,4 k €	+26.8%	109,1 k €	+11.6%	97,8 k €	+83.2%	53,4 k €	-18.9%	65,9 k €	-56.1%	150,2 k €	+12753%	-1,2 k €	-12.4%	-1,1 k €	+82.7%	-6,1 k €
Operating result	808,3 k €	+6.3%	760,2 k €	+7.7%	705,8 k €	+12.2%	629 k €	+448%	114,8 k €	+301%	-57 k €	+51.7%	-118 k €	-1065%	-10,1 k €	-117%	60,5 k €	+734%	-9,5 k €	-111%	89,1 k €	-35.7%	138,4 k €	+26.8%	109,1 k €	+11.6%	97,8 k €	+83.2%	53,4 k €	-18.9%	65,9 k €	-56.1%	150,2 k €	+12753%	-1,2 k €	-12.4%	-1,1 k €	+82.7%	-6,1 k €
Net result	417,4 k €	+38.7%	300,8 k €	-22.2%	386,8 k €	-9.8%	429 k €	+728%	-68,4 k €	+67.2%	-208,4 k €	-187%	-72,7 k €	-204%	69,6 k €	-79.7%	342,5 k €	+4133%	8,1 k €	-83.8%	50 k €	-36.3%	78,5 k €	+40.3%	56 k €	+20.9%	46,3 k €	+258%	12,9 k €	-20.3%	16,2 k €	-86.4%	119,7 k €	+312%	-56,4 k €	-1061%	5,9 k €	+162%	-9,4 k €
Balance sheet
Equity	2,1 M €	+25.3%	1,7 M €	+22.3%	1,3 M €	+40.2%	963 k €	+80.3%	534 k €	-11.3%	602,4 k €	-25.7%	810,8 k €	-8.2%	883,4 k €	+8.6%	813,8 k €	+56.0%	521,7 k €	+1.6%	513,6 k €	+10.8%	463,6 k €	+20.4%	385,1 k €	+17.0%	329,1 k €	+16.4%	282,9 k €	+4.8%	269,9 k €	+6.4%	253,7 k €	+89.3%	134 k €	-29.6%	190,4 k €	+3.2%	184,5 k €
Total assets	11,2 M €	+4.6%	10,7 M €	-0.1%	10,7 M €	+3.6%	10,3 M €	-5.5%	10,9 M €	-3.0%	11,2 M €	+251%	3,2 M €	+258%	893,5 k €	+6.8%	836,3 k €	-41.7%	1,4 M €	-2.9%	1,5 M €	-1.7%	1,5 M €	+2.3%	1,5 M €	+1.3%	1,5 M €	+1.8%	1,4 M €	-1.2%	1,4 M €	+1.1%	1,4 M €	+0.0%	1,4 M €	-2.4%	1,5 M €	-2.1%	1,5 M €
Cash	1,8 M €	+43.9%	1,2 M €	+13.3%	1,1 M €	+105%	530,9 k €	-38.7%	865,8 k €	-9.4%	955,2 k €	+37.1%	696,9 k €	+1775%	37,2 k €	+1160%	3 k €	+179%	1,1 k €	-98.0%	53,5 k €	-11.6%	60,6 k €	+131%	26,2 k €	+2.2%	25,6 k €		–		16,9 k €		–		127 €	-99.6%	35,3 k €	+0.7%	35,1 k €
Debts	9 M €	+0.7%	8,9 M €	-3.4%	9,2 M €	-0.4%	9,3 M €	-10.7%	10,4 M €	-2.5%	10,6 M €	+344%	2,4 M €	+23646%	10,1 k €	-29.2%	14,2 k €	-98.3%	835,5 k €	-6.6%	894,7 k €	-9.2%	985,6 k €	-4.1%	1 M €	-5.2%	1,1 M €	-4.5%	1,1 M €	-3.1%	1,2 M €	-0.0%	1,2 M €	-9.2%	1,3 M €	+2.1%	1,3 M €	-1.3%	1,3 M €
Other
Workforce	–		–		0,0 ETP		–		–		–		–		–		–		–		–		–		–		–		–		–		–		–		–		–

Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 25 ended

Active mandates

RE-tail Return Partners II

Director · since 15 avril 2022 · until 15 avril 2028 · 0720.913.007

Represented by Philip DE GREVE

Active

Ended mandates

ABSOlute Consulting

Director · since 17 décembre 2021 · until 17 décembre 2027 · 0895.690.971

Represented by Olivier Beguin

Ended

F.O.A. MANAGEMENT

Managing director · since 17 décembre 2021 · until 17 décembre 2027 · 0676.589.549

Represented by Nadia Vrancken

Ended

KEYSTONE

Director · since 17 décembre 2021 · until 17 décembre 2027 · 0544.558.196

Represented by Thomas Rihoux

Ended

XAVIER PIERLET

Director · since 17 décembre 2021 · until 17 décembre 2027 · 0816.570.843

Represented by Xavier Pierlet

Ended

At this address

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Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Full model	Full 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	29/05/2026	02/06/2025	30/05/2024	31/05/2023	06/06/2022	14/07/2021
General meeting	26/05/2026	27/05/2025	28/05/2024	30/05/2023	03/06/2022	30/06/2021
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	26/05/2026	29/05/2026	Dutch	PDF
Abridged model	31/12/2024	27/05/2025	02/06/2025	Dutch	PDF
Abridged model	31/12/2023	28/05/2024	30/05/2024	Dutch	PDF
Abridged model	31/12/2022	30/05/2023	31/05/2023	Dutch	PDF
Full model	31/12/2021	03/06/2022	06/06/2022	French	PDF
Full model	31/12/2020	30/06/2021	14/07/2021	French	PDF
Full model	31/12/2019	01/09/2020	22/09/2020	French	PDF
Abridged model	31/12/2018	06/08/2019	14/08/2019	French	PDF
Abridged model	31/12/2017	24/05/2018	12/06/2018	French	PDF
Abridged model	31/12/2016	24/05/2017	08/06/2017	French	PDF
Abridged model	31/12/2015	24/05/2016	06/06/2016	French	PDF
Abridged model	31/12/2014	22/05/2015	28/07/2015	French	PDF
Abridged model	31/12/2013	27/05/2014	15/07/2014	French	PDF
Abridged model	31/12/2012	24/05/2013	16/07/2013	French	PDF
Abridged model	31/12/2011	25/05/2012	12/10/2012	French	PDF
Abridged model	31/12/2010	09/06/2011	08/08/2011	French	PDF
Abridged model	31/12/2009	07/05/2010	28/07/2010	French	PDF
Abridged model	31/12/2008	19/05/2009	23/07/2009	French	PDF
Abridged model	31/12/2007	23/05/2008	30/07/2008	French	PDF
Abridged model	31/12/2006	04/06/2007	25/07/2007	French	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 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 · 25 ended

Active mandates

RE-tail Return Partners II

Director · since 15 avril 2022 · until 15 avril 2028 · 0720.913.007

Represented by Philip DE GREVE

Active

Ended mandates

ABSOlute Consulting

Director · since 17 décembre 2021 · until 17 décembre 2027 · 0895.690.971

Represented by Olivier Beguin

Ended

F.O.A. MANAGEMENT

Managing director · since 17 décembre 2021 · until 17 décembre 2027 · 0676.589.549

Represented by Nadia Vrancken

Ended

KEYSTONE

Director · since 17 décembre 2021 · until 17 décembre 2027 · 0544.558.196

Represented by Thomas Rihoux

Ended

XAVIER PIERLET

Director · since 17 décembre 2021 · until 17 décembre 2027 · 0816.570.843

Represented by Xavier Pierlet

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates20/09/2022
BENAMING - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Registered office08/08/2022
SIEGE SOCIAL
PDF
Mandates28/12/2021
OBJET - DEMISSIONS, NOMINATIONS - ASSEMBLEE GENERALE
PDF
Mandates23/08/2021
DEMISSIONS, NOMINATIONS
PDF
Mandates07/02/2020
DEMISSIONS, NOMINATIONS
PDF
Mandates07/01/2020
SIEGE SOCIAL - DEMISSIONS, NOMINATIONS
PDF
Mandates17/09/2019
DEMISSIONS, NOMINATIONS
PDF
Mandates09/04/2019
SIEGE SOCIAL - DEMISSIONS, NOMINATIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
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 2025417,4 k €↑
2024
Annual accounts 2024300,8 k €↓
2023
Annual accounts 2023386,8 k €↓
2022
Annual accounts 2022429 k €↑
2022
Name changeEqgo
2021
Annual accounts 2021-68,4 k €↑
2021
Name changeIMMOBILIERE VAMO
2020
Annual accounts 2020-208,4 k €↓
2019
Annual accounts 2019-72,7 k €↓
2018
Annual accounts 201869,6 k €↓
2017
Annual accounts 2017342,5 k €↑
2016
Annual accounts 20168,1 k €↓
2015
Annual accounts 201550 k €↓
2014
Annual accounts 201478,5 k €↑
2013
Annual accounts 201356 k €↑
2012
Annual accounts 201246,3 k €↑
2011
Annual accounts 201112,9 k €↓
2010
Annual accounts 201016,2 k €↓
2009
Annual accounts 2009119,7 k €↑
2008
Annual accounts 2008-56,4 k €↓
2007
Annual accounts 20075,9 k €↑
2006
Annual accounts 2006-9,4 k €
29/06/1995
IncorporationPublic 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

EQGO

Overview

What does EQGO do?

Trend over 20 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