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COMMSQUARE

Active
Public limited companyfounded 200125 yrs activeDellingstraat 34, 2800 Mechelen, BelgiumKBO/BCE: BE 0474.941.989
Summary

The computed 12-month bankruptcy probability of COMMSQUARE is 1.5% (moderate). The 2024 annual accounts show equity of €462,648 and a net result of -€20,802. Equity is shrinking by ~4.7% per year across the filed fiscal years. The company has been active since 2001 and the Belgian State Gazette contains no insolvency or warning signals.

Overview

Activity
Engineering and related technical consultancy, excluding land surveyors
NACE 71121NACE 74203NACE 80421
1 site
Size
€3.1mtotal assets 2024
Staff
8.5 FTE
Equity
€462,648
Loss
-€20,802
Financial health
62 Healthy Checked score 2024
Bankruptcy chance 12 m
1.5%
Structure
Parent
Stenvest BV · 100%
Holdings
2
Accounts 37 d early0 of 12 deeds read
Why 62- Figures for FY 2024 (filed 29-09-2025)- Size: 8.5 FTE, total assets €3.1m- Equity €462,648 (14.7% of total assets)+ Sector Architectural and engineering activities; technical testing and analysis (NACE 71)Show the evidence

Checked score

Score 2024
62 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Better than 22% of its sector peers (NACE 71, micro)
Performance against the sector, not lower risk
Financial strength · tick = 2023
Weak
Solvency 40-1
equity 14.7% of total assets
Liquidity 33+3
short-term debt 60.0% · cash 11.8%
Profitability 52-23
return on assets -0.7%
Bankruptcy probability, 12 months
1.5% Moderate
0%0.5%1.5%4%10%≥ 25%

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (14,650 companies)
Last 24 months 11-2024: 0.3%lowest value 12-2024: 0.3%● 0.0% vs 11-2024lowest value 01-2025: 0.3%● 0.0% vs 12-2024lowest value 02-2025: 0.3%▲ +2.0% vs 01-2025 03-2025: 0.3%▲ +19.1% vs 02-2025 04-2025: 0.3%▲ +7.8% vs 03-2025 05-2025: 0.3%▲ +1.2% vs 04-2025 06-2025: 0.4%▲ +9.0% vs 05-2025 07-2025: 0.5%▲ +29.7% vs 06-2025 08-2025: 0.7%▲ +57.8% vs 07-2025 09-2025: 0.9%▲ +25.9% vs 08-2025 10-2025: 0.6%▼ -33.6% vs 09-2025 11-2025: 0.6%● 0.0% vs 10-2025 12-2025: 0.6%● 0.0% vs 11-2025 01-2026: 0.6%▼ -0.6% vs 12-2025 02-2026: 0.6%▲ +1.9% vs 01-2026 03-2026: 0.7%▲ +14.4% vs 02-2026 04-2026: 0.8%▲ +4.0% vs 03-2026 05-2026: 0.8%▲ +0.9% vs 04-2026 06-2026: 0.8%▲ +6.5% vs 05-2026 07-2026: 0.7%▼ -11.4% vs 06-2026 08-2026: 1.1%▲ +48.3% vs 07-2026 09-2026: 1.2%▲ +13.1% vs 08-2026 10-2026: 1.5%▲ +27.6% vs 09-2026highest value
  • Figures for FY 2024 (filed 29-09-2025) raises the probability
  • Sector Architectural and engineering activities; technical testing and analysis (NACE 71) lowers the probability
  • Size: 8.5 FTE, total assets €3.1m raises the probability for this profile
  • Equity €462,648 (14.7% of total assets) raises the probability
Credit up to €25,000 at 30 days acceptable
Liquidity tight (current ratio 1.03 against 1.16 in 2023; short-term debt: 60% and cash: 11.8% of total assets), and 85.3% of the assets are financed with debt.
How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 71, micro). Better than this share of them on solvency 18%, liquidity 15%, profitability 22%, growth against the median 32%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 03-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Figures for FY 2024 (filed 29-09-2025)
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
lowers risk · Sector Architectural and engineering activities; technical testing and analysis (NACE 71)
In the bankruptcy model this factor lowers the probability.
KBO
raises risk · Size: 8.5 FTE, total assets €3.1m
In the bankruptcy model this factor raises the probability for this profile.
NBB · annual accounts
raises risk · Equity €462,648 (14.7% of total assets)
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 24-06-2026, 37 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
37 d early
2024
56 d late
2023
51 d early
2022
138 d early
2022
4 d early
2021
2 d early
2020
89 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 38 days before the deadline; the sector median for financial year 2024 is 8 days before the deadline, and 34% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 18 June (3 of the last 4 filed years within 95 days of that day).
Companies Code · seven months
Position in the running window
03-10-2026 today31-12-2026 close31-07-2027 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
  1. Annual accounts filedfiscal year 2025 · full…
  2. Annual accounts filedfiscal year 2024 · abbreviated…
  3. Annual accounts filedfiscal year 2023 · abbreviated…

Key points

  • Caution: From profit to loss in 2024after €164,604 in 2023 -€20,802 View
  • Controlled by Stenvest BVknown shareholders 100% 100% View
  • Active since 2001founded 07-06-2001 25 years View

By topic

Financials

Fiscal year
2024
Total assets
€3.1m
Loss
-€20,802
Solvency
14.7%
Turnover▲ 5.3%
Net result
20192021
Go to Financials

Timeline

Events
14
Since
2017
Next accounts
by 31-07-2027
  1. 24-06-2026Annual accounts filed
  2. 25-09-2025Annual accounts filed
  3. 10-06-2024Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Engineering and related technical consultancy, excluding land surveyorsNACE 71121
Founded
07-06-2001
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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