Active · per the CBE, 17 September 2026

EQUATION

BE0537240735

Rechtspersoon Private limited company 1 establishment

EQUATION is an IT company in Tongeren-Borgloon. Private Limited, started on 1 August 2013, 1 establishment.

Sint-Pankraasstraat 14, 3700 Tongeren-Borgloon

Behind the company: David Seifert.

Active for

13 year, 1 month

Financials

Financial year 2025

EQUATION from Tongeren-Borgloon, company number BE0537240735, closed financial year 2025 with a result of € 53,686 after tax. For that financial year EQUATION recorded a gross margin of € 70,250 and equity of € 65,907. Compared with financial year 2024, the result moved from € 38,865 to € 53,686. Profitable, and profit is growing. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 3, 2026.

What it is worth Healthy

€ 65,907

▼ 36% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Growing

€ 53,686

▲ 38% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 81,192

▲ 83% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Pays out

€ 91,235 paid out

More than the year’s profit went to the shareholders; reserves fell.

People and assets in 2025

Full-time equivalents estimate

≈ 1

No payroll staff. One director, so that person most likely runs the business.

Vehicles and equipment

€ 11,241

▼ 14% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt

None

No bank loans on the last day of the fiscal year.

Owed to suppliers

€ 2,057

▲ € 2,056 vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes

€ 8,661

▲ 104% vs 2024

Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.

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Key figures per fiscal year Download key figures (CSV)
2022202320242025Change 2024 → 2025
Gross margin € 39,388 € 35,072 € 48,027 € 70,250 ▲ 46%
Profit after taxes € 29,065 € 20,238 € 38,865 € 53,686 ▲ 38%
Equity € 78,353 € 98,591 € 103,456 € 65,907 ▼ 36%
Total debts € 14,038 € 15,744 € 5,646 € 66,145 ▲ € 60,499
Cash € 44,113 € 81,052 € 44,312 € 81,192 ▲ 83%
Retained profit € 59,753 € 79,991 € 91,270 € 53,721 ▼ 41%
Dividend € 5,000 € 0 € 27,586 € 91,235 ▲ 231%
Balance sheet total € 92,391 € 114,335 € 109,102 € 132,051 ▲ 21%

Key figures of EQUATION, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.

What happened to EQUATION?

What happened at EQUATION in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

  • New annual accounts for financial year 2025: profit of € 53,686 (▲ 38% vs 2024). Source: NBB ↗
  • New establishment in Tongeren-Borgloon. KBO
  • Start of the company according to the CBE. KBO

In short

From € 29,065 profit in 2022 to € 53,686 profit in 2025.

Paid € 45,204 in corporate taxes since 2022.

Best year ever: 2025, with € 53,686 profit.

Paid out € 123,821 in dividends to the owners in total.

Management

David Seifert
EQUATION

Behind EQUATION is David Seifert.

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Directors

According to the 2025 annual accounts

David Seifert

Director

Establishments

Establishment units

Physical locations of this company

Registered office

Sint-Pankraasstraat 14

3700 Tongeren-Borgloon

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number
0537.240.735
VAT number
BE 0537.240.735
Registered office
Sint-Pankraasstraat 14, 3700 Tongeren-Borgloon
Names & denominations
EQUATION
Enterprise type
Rechtspersoon
Legal form
Private limited company
Legal situation
Normale toestand
Start date
1 August 2013
Peppol
Active · Active since 13 Oct 2025
Activities · NACE

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Frequently asked questions

What does EQUATION do?
EQUATION is an IT company in Tongeren-Borgloon. Private Limited, started on 1 August 2013, 1 establishment.
What is the address of EQUATION?
The registered office of EQUATION is located at Sint-Pankraasstraat 14, 3700 Tongeren-Borgloon.
Is EQUATION still active?
Yes. According to the CBE (17 September 2026) EQUATION is active, legal situation “Normale toestand”, started on 1 August 2013.
Is EQUATION registered on Peppol?
Yes, EQUATION is registered on the Peppol network with ID 0208:0537240735.
What is the enterprise number of EQUATION?
The enterprise number of EQUATION is BE0537240735.
When was EQUATION founded?
EQUATION was founded on 1 August 2013.