ACTIVE

Equation Belgium

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Financial year 2025 · Closed on 30/06/2025

Net result41,7 k €+5,0 %over 1 year
Gross margin63 k €-9,6 %over 1 year
Equity150,6 k €+1,1 %over 1 year

Identity

Source · BCE/KBO

Equation Belgium is a Public limited company incorporated in 1997. Its main activity is: Advertising agencies. Its registered office is in Watermael-Boitsfort.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0461.174.226
Incorporation
28/07/1997
Legal form
Public limited company
Registered office
Chaussée de La Hulpe 185
1170 Watermael-Boitsfort · BruxellesSee on map
Contributed capital
61 500,00 €
Latest accounts
30/06/2025
Joint committees (2)
  • 200
  • 218
Contacts
4 public details availableLog in to view
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 20 filings

Trend over 19 financial years

20252024202320222021
Income statement
Gross margin63 k €69,7 k €67,9 k €71,8 k €53,8 k €
EBITDA45,9 k €44,4 k €67,8 k €70,8 k €53 k €
Operating result45,1 k €42,2 k €64,5 k €67,9 k €43,4 k €
Net result41,7 k €39,7 k €60,6 k €67,3 k €39,9 k €
Balance sheet
Equity150,6 k €148,9 k €146,2 k €138,6 k €131,3 k €
Total assets296,8 k €300,7 k €332,8 k €257,1 k €241,6 k €
Cash35,2 k €47,6 k €71,7 k €23,5 k €27,5 k €
Debts121,5 k €138,7 k €132,4 k €116,5 k €108,8 k €
Other
Workforce–––––

Valuation

Indicative valuation

As an indication, this company is worth

between 100 k€ and 250 k€
See the valuation

Board of directors

Source · NBB, accounts to 30/06/2025

2 active · 17 ended

Active mandates

EQUATION INTERNATIONAL

Director · since 24 novembre 2020 · until 25 novembre 2026 · 0478.217.621

Represented by Bernard COETS

Active
Patrick COETS

Director · since 24 novembre 2020 · until 25 novembre 2026

Active

Ended mandates

EQUATION INTERNATIONAL

Managing director · since 25 novembre 2020 · until 24 novembre 2026 · 0478.217.621

Represented by BERNARD COETS

Ended
EQUATION INTERNATIONAL

Managing director · since 24 novembre 2020 · until 24 novembre 2026 · 0478.217.621

Represented by Bernard Coets

Ended
Patrick Coets

Director · since 07 juin 2018 · until 24 novembre 2020

Ended
Bernard Coets

Director · since 25 novembre 2014 · until 24 novembre 2020

Ended

Other companies at this address

Chaussée de La Hulpe 185 1170 Watermael-Boitsfort
CompanyCBE no.
ACMG● Active
0822.519.319
Ad Novum● Active
1027.703.320
AECE Accountancy● Active
0767.950.879
AIR● Active
0795.328.338
ALCHEMISER● Active
0770.999.055
Alfie's Dairy● Active
1036.590.993
ALL CLEANING SERVICES SUPNET● Active
0892.838.181
Alldays Foods● Bankrupt
0789.670.961
Altiplan° Architects● Active
0442.575.069
ALTIPLAN - BSOLUTIONS● Active
1014.516.466
ALTIPLAN – FI – BESP● Active
1000.763.747
ALTIPLAN-PIRON● Active
0804.419.614
ALTIPLAN - TRACTEBEL / AL-5016● Active
1015.398.572
ALTIPLYSON● Active
1025.194.780
APEX-Cmp● Active
0805.363.086
ARCHIBALD & C°● Active
0743.725.130
Atsumi & Sakai Brussels EU● Active
1008.796.139
AVE European Eye Clinics● Active
1015.420.447
Bamboo Breakfast● Active
0659.814.388
BANYAN STRATEGY CONSULTING● Active
0473.601.609

Full financial information

Source · NBB
202520242023202220212020
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/07/202401/07/202301/07/202201/07/202101/07/202001/07/2019
Closing of the financial year30/06/202530/06/202430/06/202330/06/202230/06/202130/06/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date02/02/202615/01/202503/01/202423/01/202331/12/202118/12/2020
General meeting30/12/202526/11/202428/11/202329/11/202230/11/202124/11/2020
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 20 filings
ModelClosingGeneral meetingFiledLanguageDocument
Micro model30/06/202530/12/202502/02/2026FrenchPDF
Micro model30/06/202426/11/202415/01/2025FrenchPDF
Micro model30/06/202328/11/202303/01/2024FrenchPDF
Micro model30/06/202229/11/202223/01/2023FrenchPDF
Micro model30/06/202130/11/202131/12/2021FrenchPDF
Micro model30/06/202024/11/202018/12/2020FrenchPDF
Micro model30/06/201926/11/201910/12/2019FrenchPDF
Micro model30/06/201827/11/201816/01/2019FrenchPDF
Micro model30/06/201728/11/201722/12/2017FrenchPDF
Abridged model30/06/201629/11/201621/12/2016FrenchPDF
Abridged model30/06/201524/11/201517/12/2015FrenchPDF
Abridged model30/06/201425/11/201408/01/2015FrenchPDF
Abridged model30/06/201326/11/201321/01/2014FrenchPDF
Abridged model30/06/201227/11/201222/01/2013FrenchPDF
Abridged model30/06/201129/11/201123/12/2011FrenchPDF
Abridged model30/06/201030/11/201021/12/2010FrenchPDF
Abridged model30/06/200924/11/200911/12/2009FrenchPDF
Abridged model30/06/200825/11/200812/12/2008FrenchPDF
Abridged model30/06/200727/11/200720/12/2007FrenchPDF
Abridged model30/06/200628/11/200619/02/2007FrenchPDF

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.

Board of directors

Source · NBB, accounts to 30/06/2025

2 active · 17 ended

Active mandates

EQUATION INTERNATIONAL

Director · since 24 novembre 2020 · until 25 novembre 2026 · 0478.217.621

Represented by Bernard COETS

Active
Patrick COETS

Director · since 24 novembre 2020 · until 25 novembre 2026

Active

Ended mandates

EQUATION INTERNATIONAL

Managing director · since 25 novembre 2020 · until 24 novembre 2026 · 0478.217.621

Represented by BERNARD COETS

Ended
EQUATION INTERNATIONAL

Managing director · since 24 novembre 2020 · until 24 novembre 2026 · 0478.217.621

Represented by Bernard Coets

Ended
Patrick Coets

Director · since 07 juin 2018 · until 24 novembre 2020

Ended
Bernard Coets

Director · since 25 novembre 2014 · until 24 novembre 2020

Ended

Ownership and network

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Try for free

Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Other10/04/2024
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …)
    PDF
  • Mandates15/01/2021
    DEMISSIONS, NOMINATIONS
    PDF
  • Registered office16/04/2020
    SIEGE SOCIAL
    PDF
  • Mandates26/06/2018
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates23/02/2015
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates30/03/2012
    DEMISSIONS, NOMINATIONS
    PDF
  • Registered office04/02/2011
    SIEGE SOCIAL
    PDF
  • Other14/01/2009
    DIVERS
    PDF

Similar companies

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

See the Business plan

Timeline

  1. 2025
    Annual accounts 202541,7 k €↑
  2. 2024
    Annual accounts 202439,7 k €↓
  3. 2023
    Annual accounts 202360,6 k €↓
  4. 2022
    Annual accounts 202267,3 k €↑
  5. 2021
    Annual accounts 202139,9 k €↓
  6. 2020
    Annual accounts 202049,4 k €↑
  7. 2019
    Annual accounts 201931,7 k €↑
  8. 2018
    Annual accounts 201819,4 k €↓
  9. 2017
    Annual accounts 201724,1 k €↑
  10. 2016
    Annual accounts 201614,5 k €↑
  11. 2015
    Annual accounts 201510,7 k €↓
  12. 2014
    Annual accounts 201438,2 k €↑
  13. 2013
    Annual accounts 201323,2 k €↓
  14. 2012
    Annual accounts 201224,3 k €↑
  15. 2011
    Annual accounts 2011-244,3 €↓
  16. 2010
    Annual accounts 20102,6 k €↑
  17. 2009
    Annual accounts 20091,1 k €↑
  18. 2008
    Annual accounts 2008-32,7 k €↓
  19. 2007
    Annual accounts 2007292,1 €
  20. 28/07/1997
    IncorporationPublic limited company