B-square IT services
ActiveB-square IT services has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €3k and a net result of €77k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 10% of 16942 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2025
66
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency28▼-9
Growth58=
Track record100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Sector 62
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 10% of 16942 sector peers (2025).
NBB · sector comparisonPosition among 16942 sector peers
Solvency
better than 10%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 23-09-2025, 38 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
38 d early
2024
31 d early
2023
22 d early
2022
on the day
2021
19 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close16-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, micro schema
Equity
€3k▼ 71.2%
2024 · €11k
2021: €36k
2022: €127k
2023: €109k
2024: €11k
2021 → 2025
Total assets
€110k▲ 19.9%
2024 · €92k
2021: €48k
2022: €158k
2023: €121k
2024: €92k
2021 → 2025
Net result
€77k▼ 1.7%
2024 · €79k
2021: €34k
2022: €91k
2023: €-18k
2024: €79k
2021 → 2025
Working capital
€1k▼ 88.1%
2024 · €9k
2021: €33k
2022: €124k
2023: €107k
2024: €9k
2021 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€36k-€127k▲ 249%€109k▼ 14.2%€11k▼ 90.0%€3k▼ 71.2%
Operating result€42k-€115k▲ 171%€-17k€96k€104k▲ 8.1%
Net result€34k-€91k▲ 168%€-18k€79k€77k▼ 1.7%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 8% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €110k
Fixed assets
€2k=
Current assets
€108k▲ 20.3%
Equity and liabilities €110k
Equity
€3k▼ 71.2%
Debt
€107k▲ 32.2%
The debt ratio rises from 88.1% to 97.1%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€104k▲
2024 · €96k
Cash flow
€77k▼
2024 · €79k
Solvency
2.9%▼
2024 · 11.9%
Current ratio
1.01▼
2024 · 1.11
Quick ratio
1.01▼
2024 · 1.11
Debt / equity
33.84▲
2024 · 7.37
ROA
70.4%▼
2024 · 85.9%
Interest coverage
243.83▲
2024 · 92.54
Debt
€107k▲
2024 · €81k
Debt ≤ 1 year
€107k▲
2024 · €81k
Income taxes
€27k▲
2024 · €17k
A ratio outside any meaningful range has been withheld (balance sheet total €110k, equity €3k).
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€92k€110k▲
Fixed assets21/28€2k€2k=
Tangible fixed assets22/27€0-
Furniture and vehicles24€0-
Financial fixed assets28€2k€2k=
Current assets29/58€89k€108k▲
Amounts receivable within one year40/41€16k€27k▲
Trade receivables40€15k€21k▲
Other amounts receivable41€1k€6k▲
Cash at bank and in hand54/58€73k€80k▲
Deferred charges and accrued income490/1€832€1k▲
Equity and liabilities
Total equity and liabilities10/49€92k€110k▲
Equity10/15€11k€3k▼
Contributions10/11€3k€3k=
Reserves13€8k€648▼
Distributable reserves133€8k€648▼
Profit (loss) carried forward14€0€0=
Amounts payable17/49€81k€107k▲
Amounts payable within one year42/48€81k€107k▲
Trade debts44€361€2k▲
Suppliers440/4€361€2k▲
Taxes, remuneration and social security45€10k€19k▲
Taxes450/3€10k€19k▲
Remuneration and social security454/9€0-
Other amounts payable47/48€71k€85k▲
Accrued charges and deferred income492/3€0-
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€72€0▼
Other operating charges640/8€1k€1k▼
Gross operating margin9900€97k€105k▲
Operating profit (loss)9901€96k€104k▲
Financial income75/76B-€604
Recurring financial income75-€604
Financial charges65/66B€1k€427▼
Recurring financial charges65€1k€427▼
Profit (loss) for the period before taxes9903€95k€104k▲
Income taxes67/77€17k€27k▲
Profit (loss) for the period9904€79k€77k▼
Profit (loss) for the period to be appropriated9905€79k€77k▼
Appropriation of the result
Profit (loss) to be appropriated9906€79k€77k▼
Profit (loss) brought forward from the previous period14P€0-
Transfer from equity791/2€106k€8k▼
Transfer to equity691/2€8k€0▼
To other reserves6921€8k€0▼
Profit to be distributed694/7€176k€85k▼
Return on contributions (dividend)694€176k€85k▼
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2025
23-09
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2024
30-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
31-03
Financial
Back to profitnet €79k
Net result €79k after one loss-making year.
2023
09-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
31-03
Financial
Weakest financial yearnet €-18k ▼120%
Net result drops to €-18k, the lowest in the series; recovery starts the following year.
31-03
Financial
Liquidity doublescurrent ratio 10.56
Current ratio from 5.00 to 10.56; short-term debt falls from €31k to €11k.
2022
31-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
31-03
Financial
Highest result since 2021net €91k ▲168%
Operating result €115k, net result €91k, both a record.
31-03
Financial
Equity above €100kEq €127k ▲249%
2 profitable years in a row build equity to €127k.
2021
12-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Gent · 1 establishment unit since 2020
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.
Muinklaan 39000 GentGround area
150 m²
Building footprint
103 m²
Volume, LiDAR
1,056 m³
Parcel 44804D2718/00Y007, Flanders · tallest building 17.4 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
B-square IT services
since 20202.303.122.864
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44804D2718/00Y007 | Flanders | 150 m² | 1 · 103 m² | 17.4 m · 4 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.
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Of 16,868 companies in sector 62100 we hold annual accounts for 8,779. 2,261 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded04-06-2020
Fiscal year end31-03
Activities, NACEBEL
62010Computer programming, consultancy and related activities
62100Computer programming
62020IT consultancy
62200Computer consultancy and computer facilities management
71121Engineering and related technical consultancy, excluding land surveyors
82990Other business support services
95100Repair and maintenance of computers and communication equipment
95110Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryE-mail:soenenthomas@hotmail.com