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A-SQUARED

Active
Private limited companyfounded 200620 yrs activeElzendreef 5, 2970 Schilde, BelgiumKBO/BCE: BE 0883.343.663

A-SQUARED has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €468k and a net result of €67k. Equity is growing by ~16.7% per year across the filed fiscal years. Its solvency ranks better than 78% of 8072 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.1% (very low).

Checked score

Score 2024
75 / 100
Excellent= vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability71▼-16
Solvency100=
Growth78=
Stability100
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €35k at 30 days acceptable
Liquidity ample (current ratio 13.87 against 18.56 in 2023), and 18.1% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Five signals. The signal on the left, the evidence on the right.
lowers riskneutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 20 years 0 30 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024
Solvency, return and age of the figures
Solvency
81.9%
Return on assets
11.7%
Age of the figures
20 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 11-08-2025, 11 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
11 d late
2023
27 d late
2022
28 d late
2021
22 d late
2020
23 d early
2019
19 d late
← before the deadline after the deadline →
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2024, abbreviated schema

Equity
€468k▲ 11.1%
2023 · €421k
2018: €199k 2019: €248k 2020: €232k 2021: €269k 2022: €348k 2023: €421k
2018 → 2024
Total assets
€572k▲ 28.5%
2023 · €445k
2018: €303k 2019: €283k 2020: €260k 2021: €299k 2022: €405k 2023: €445k
2018 → 2024
Net result
€67k▼ 8.6%
2023 · €73k
2018: €51k 2019: €49k 2020: €11k 2021: €153k 2022: €104k 2023: €73k
2018 → 2024
Working capital
€383k▼ 6.5%
2023 · €409k
2018: €-43k 2019: €221k 2020: €224k 2021: €263k 2022: €337k 2023: €409k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20202021202220232024Trend
Equity€232k-€269k▲ 16.1%€348k▲ 29.5%€421k▲ 21.0%€468k▲ 11.1%
Operating result€-23k-€45k€39k▼ 13.6%€-23k€-44k▼ 94.9%
Net result€11k-€153k▲ 1,299%€104k▼ 32.2%€73k▼ 29.6%€67k▼ 8.6%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-50k€0€50k€100k€150kOperating result 2020: €-23k€-23kNet result 2020: €11k€11kOperating result 2021: €45k€45kNet result 2021: €153k€153kOperating result 2022: €39k€39kNet result 2022: €104k€104kOperating result 2023: €-23k€-23kNet result 2023: €73k€73kOperating result 2024: €-44k€-44kNet result 2024: €67k€67k20202021202220232024
The operating result stays negative: a loss of €44k in 2024 against €23k in 2023; the loss grows and 2024 is the lowest year so far.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €572k
Fixed assets €159k▲ 1,206%
Current assets €412k▼ 4.7%
Equity and liabilities €572k
Equity €468k▲ 11.1%
Debt €103k▲ 344%
The debt ratio rises from 5.2% to 18.1%: debt grows faster than equity.
Key figures and ratios
2024 value · change against 2023
EBITDA
€-28k
2023 · €-20k
Cash flow
€83k
2023 · €76k
Solvency
81.9%
2023 · 94.8%
Current ratio
13.87
2023 · 18.56
Quick ratio
12.94
2023 · 17.37
Debt / equity
0.22
2023 · 0.06
ROE
14.2%
2023 · 17.3%
ROA
11.7%
2023 · 16.4%
Interest coverage
-12.60
2023 · -36.44
Debt
€103k
2023 · €23k
Debt ≤ 1 year
€30k
2023 · €23k
Debt > 1 year
€74k
Income taxes
€7k
2023 · €8k
Staff costs
€250
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet Code20232024
Assets
Total assets20/58€445k€572k
Fixed assets21/28€12k€159k
Tangible fixed assets22/27€9k€156k
Plant, machinery and equipment23€3k€3k
Furniture and vehicles24€4k€146k
Other tangible fixed assets26€2k€7k
Financial fixed assets28€3k€3k=
Current assets29/58€433k€412k
Amounts receivable after more than one year29€203k€213k
Other amounts receivable291€203k€213k
Stocks and contracts in progress3€28k€28k=
Stocks30/36€28k€28k=
Amounts receivable within one year40/41€200k€108k
Trade receivables40€89k€79k
Other amounts receivable41€111k€29k
Cash at bank and in hand54/58€600€62k
Deferred charges and accrued income490/1€2k€2k
Equity and liabilities
Total equity and liabilities10/49€445k€572k
Equity10/15€421k€468k
Contributions10/11€10k€10k=
Reserves13€411k€458k
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Distributable reserves133€411k€458k
Profit (loss) carried forward14-€0
Amounts payable17/49€23k€103k
Amounts payable after more than one year17-€74k
Financial debts170/4-€74k
Amounts payable within one year42/48€23k€30k
Current portion of amounts payable after more than one year42-€19k
Trade debts44€2k€5k
Suppliers440/4€2k€5k
Taxes, remuneration and social security45€18k€6k
Taxes450/3€18k€6k
Other amounts payable47/48€3k€0
Income statement Code20232024
Remuneration, social security and pensions62-€250
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€17k
Other operating charges640/8€4k€2k
Gross operating margin9900€-16k€-25k
Operating profit (loss)9901€-23k€-44k
Financial income75/76B€104k€120k
Recurring financial income75€104k€120k
Non-recurring financial income76B€0-
Financial charges65/66B€548€2k
Recurring financial charges65€548€2k
Profit (loss) for the period before taxes9903€81k€74k
Income taxes67/77€8k€7k
Profit (loss) for the period9904€73k€67k
Profit (loss) for the period to be appropriated9905€73k€67k
Appropriation of the result
Profit (loss) to be appropriated9906€73k€67k
Transfer from equity791/2-€20k
Transfer to equity691/2€73k€67k
To other reserves6921€73k€67k
Profit to be distributed694/7-€20k
Return on contributions (dividend)694-€20k
Social balance
Average headcount (FTE)90870.00.0=

The notes to these accounts (16 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Download as CSV

Timeline · acts, filings and financial milestones

2025
11-08
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema · 11 days late
2024
27-08
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema · 27 days late
2023
31-12
Financial Liquidity triplescurrent ratio 18.56
Current ratio from 6.91 to 18.56; short-term debt falls from €57k to €23k.
28-08
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema · 28 days late
2022
22-08
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 22 days late
2021
31-12
Financial Highest result since 2018net €153k ▲1299%
Operating result €45k, net result €153k, both a record.
08-07
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial Weakest financial yearnet €11k ▼77.8%
Net result drops to €11k, the lowest in the series; recovery starts the following year.
19-08
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema · 19 days late
2019
31-12
Financial Liquidity times 13current ratio 7.23
Current ratio from 0.54 to 7.23; short-term debt falls from €94k to €36k.
31-12
Financial Equity above €200kEq €248k ▲24.7%
2 profitable years in a row build equity to €248k.
28-08
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema · 28 days late
2018
31-08
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
2017
26-07
NBB filing Annual accounts filed
fiscal year 2016 · micro schema
2016
24-08
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema · 24 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
1 director, no change since 2023
DEZILLIE Sam
Non-statutory director · since 28-12-2023
Current
28-12-2023 Resigned as Manager
28-12-2023 Appointed as Non-statutory director
Location & real-estate footprint
Registered office, Schilde · 1 establishment unit since 2006
establishment The establishment unit on the map
Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Elzendreef 52970 Schilde
Ground area
2,057 m²
Building footprint
189 m²
Volume, LiDAR
1,243 m³
Parcel 11039A0251/00E000, Flanders · tallest building 19.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
A-Squared
Elzendreef 5, 2970 SchildeBusiness and other management consultancy
since 20062.155.972.874
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
11039A0251/00E000 Flanders 2,057 m² 1 · 189 m² 19.8 m · 2 fl.
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Recognitions · licences · registrations

Legal Entity Identifier

8945001DPZI7ELK29E24
no longer live in the LEI register

Similar companies · same sector, comparable size

Of 82,218 companies in sector 70200 we hold annual accounts for 52,395. 35,073 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded06-09-2006
Fiscal year end31-12
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
74142
Sources
Crossroads Bank for EnterprisesNational Bank · 18 filingsAddress and cadastre registers

Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.

Contact details

1 entry
Phone:0476/76.17.38
Establishment Schilde 2.155.972.874