Equity
Debts exceed assets in financial year 2025.
In July 2024, 1,378 companies had the same profile as COMPU-SQUARE has now. Each dot stands for 4 companies, two years later.
Another 0.1% stopped without a precise date, possibly only after those two years.
The method was tested on the 497,331 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 1,378 companies, not a prediction for COMPU-SQUARE. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
| Company | ||||
|---|---|---|---|---|
| COMPU-SQUARE Leuven | €27,787 | €996 | -34.3% | - |
| Computer Belgium Sales and Consulting Jemeppe-sur-Sambre | €27,757 | -€12,675 | 99.9% | - |
| ADS-NETSERV Daverdisse | €29,662 | -€4,266 | -19.5% | - |
| UYTTERSPROT COMPUTER SYSTEMS Aalst | €27,395 | -€5,482 | -652.8% | - |
| INFORELEC SOFTWARE COMPUTERS Les Bons Villers | €26,399 | -€204 | 18.6% | - |
| Heading 4 Linter | €24,051 | -€5,723 | -24.6% | - |
| LUXE SAT Schaerbeek | €28,882 | -€11,952 | 10.3% | - |
These companies have the same main activity as COMPU-SQUARE: retail sale of information and communication equipment (NACE 47400). They are comparable in size and age: total assets between €24,100 and €29,700, founded between 2006 and 2011.
COMPU-SQUARE files the micro format. That format states no turnover. The gross margin rose from -€5,301 in 2008 to €996 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Higher than 14% of 25,237 companies in 2025.
Higher than 20% of 24,245 companies in 2025.
Higher than 39% of 24,434 companies in 2025.
Net result: middle half · Equity: bottom quarter · Balance sheet total: bottom quarter · Working capital: middle half
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||||||||||||||
20/58 |
27,787 | 34,723 | 34,716 | 46,488 | 50,111 | 43,934 | 34,868 | 34,590 | 33,745 | 41,121 | 46,682 | 72,369 | 48,084 | 49,913 | 58,808 | 70,234 | 94,799 | 86,003 | |
21/28 |
637 | 764 | 891 | 1,017 | 1,144 | 1,271 | 1,398 | 1,532 | 1,682 | 1,849 | 2,033 | 2,053 | 2,281 | - | 3,397 | 7,933 | 18,783 | 13,202 | |
22/27 |
452 | 579 | 705 | 832 | 959 | 1,085 | 1,212 | 1,346 | 1,496 | 1,663 | 1,847 | 2,053 | 2,281 | - | 3,397 | 7,933 | 18,783 | 13,202 | |
22 |
452 | 579 | 705 | 832 | 959 | 1,085 | 1,212 | 1,346 | 1,496 | 1,663 | 1,847 | 2,053 | 2,281 | - | - | - | - | - | |
23 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 108 | 2,015 | 4,179 | |
24 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | 3,397 | 7,825 | 16,768 | 9,023 | |
28 |
186 | 186 | 186 | 186 | 186 | 186 | 186 | 186 | 186 | 186 | 186 | - | - | - | - | - | - | - | |
29/58 |
27,150 | 33,959 | 33,826 | 45,471 | 48,966 | 42,663 | 33,470 | 33,058 | 32,063 | 39,272 | 44,649 | 70,316 | 45,803 | 49,913 | 55,411 | 62,301 | 76,016 | 72,801 | |
3 |
13,827 | 16,519 | 15,726 | 19,345 | 15,979 | 17,773 | 10,345 | 10,593 | 9,570 | 10,718 | 8,770 | 9,963 | 10,039 | 12,425 | 15,910 | 19,713 | 25,299 | 34,367 | |
30/36 |
13,827 | 16,519 | 15,726 | 19,345 | 15,979 | 17,773 | 10,345 | 10,593 | 9,570 | 10,718 | 8,770 | 9,963 | 10,039 | 12,425 | 15,910 | 19,713 | 25,299 | 34,367 | |
40/41 |
20 | 864 | 1,327 | 890 | 914 | 5,078 | 896 | 4,066 | 1,236 | 2,416 | 6,233 | 7,524 | 13,167 | 5,624 | 6,086 | 10,754 | 16,411 | 6,845 | |
40 |
20 | 403 | 1,327 | 890 | 914 | 5,076 | 896 | 4,065 | 1,233 | 2,406 | 6,229 | 7,524 | 13,167 | 5,624 | 6,086 | 10,738 | 15,563 | 6,271 | |
41 |
- | 461 | - | - | - | 2 | - | 1 | 3 | 10 | 4 | - | - | - | - | 16 | 848 | 574 | |
54/58 |
12,242 | 15,740 | 15,903 | 24,401 | 31,251 | 18,978 | 21,417 | 18,399 | 21,257 | 26,138 | 29,646 | 52,829 | 22,597 | 31,864 | 33,415 | 31,834 | 34,306 | 31,589 | |
490/1 |
1,060 | 836 | 870 | 836 | 822 | 834 | 812 | - | - | - | - | - | - | - | - | - | - | - | |
| Balance sheet: equity and liabilities | |||||||||||||||||||
10/49 |
27,787 | 34,723 | 34,716 | 46,488 | 50,111 | 43,934 | 34,868 | 34,590 | 33,745 | 41,121 | 46,682 | 72,369 | 48,084 | 49,913 | 58,808 | 70,234 | 94,799 | 86,003 | |
10/15 |
-9,519 | -9,782 | -224 | 9,364 | 12,901 | 8,517 | -4,114 | 1,066 | 1,969 | 6,261 | 10,885 | 11,969 | 5,153 | -3,258 | -5,468 | -3,116 | 2,345 | 1,827 | |
10/11 |
12,400 | 12,400 | 12,400 | 12,400 | 12,400 | - | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | |
100 |
- | - | - | - | - | - | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | |
101 |
- | - | - | - | - | - | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | |
11 |
- | - | - | - | 12,400 | 12,400 | - | - | - | - | - | - | - | - | - | - | - | - | |
1100/10 |
- | - | - | - | - | 12,400 | - | - | - | - | - | - | - | - | - | - | - | - | |
1109/19 |
- | - | - | - | 12,400 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
14 |
-21,919 | -22,182 | -12,624 | -3,036 | 501 | -3,883 | -16,514 | -11,334 | -10,431 | -6,139 | -1,515 | -431 | -7,247 | -15,658 | -17,868 | -15,516 | -10,055 | -10,573 | |
17/49 |
37,306 | 44,504 | 34,940 | 37,125 | 37,209 | 35,417 | 38,982 | 33,524 | 31,776 | 34,860 | 35,797 | 60,400 | 42,931 | 53,171 | 64,276 | 73,350 | 92,454 | 84,176 | |
17 |
- | - | - | - | - | 24,000 | 24,000 | 24,000 | 24,000 | 24,000 | 24,000 | 24,000 | 24,000 | 24,000 | 24,000 | 24,000 | 24,000 | - | |
170/4 |
- | - | - | - | - | 24,000 | 24,000 | 24,000 | 24,000 | 24,000 | 24,000 | 24,000 | 24,000 | 24,000 | 24,000 | 24,000 | 24,000 | - | |
42/48 |
37,306 | 44,504 | 34,940 | 37,125 | 37,209 | 11,417 | 14,982 | 9,242 | 7,776 | 10,860 | 11,797 | 36,400 | 18,931 | 28,270 | 39,803 | 48,943 | 68,079 | 83,722 | |
43 |
- | 703 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
430/8 |
- | 703 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
44 |
2,820 | 10,156 | 587 | 3,251 | 5,185 | 6,807 | 6,067 | 4,987 | 4,378 | 7,352 | 7,811 | 25,231 | 7,705 | 8,901 | 14,383 | 12,224 | 27,741 | 33,039 | |
440/4 |
2,820 | 10,156 | 587 | 3,251 | 5,185 | 6,807 | 6,067 | 4,987 | 4,378 | 7,352 | 7,811 | 25,231 | 7,705 | 8,901 | 14,383 | 12,224 | 27,741 | 33,039 | |
45 |
272 | 21 | 839 | 728 | 1,606 | 86 | 504 | 792 | 1,162 | 2,086 | 1,475 | 5,091 | 5,770 | 10,950 | 5,758 | 11,460 | 10,310 | 9,324 | |
450/3 |
272 | 21 | 839 | 728 | 1,606 | 86 | 504 | 792 | 787 | 1,730 | 1,165 | 4,788 | 5,482 | 4,795 | 1,068 | 1,162 | 339 | 92 | |
454/9 |
- | - | - | - | - | - | - | - | 375 | 356 | 310 | 303 | 288 | 6,155 | 4,690 | 10,298 | 9,971 | 9,232 | |
47/48 |
34,214 | 33,624 | 33,514 | 33,146 | 30,418 | 4,524 | 8,411 | 3,463 | 2,236 | 1,422 | 2,511 | 6,078 | 5,456 | 8,419 | 19,662 | 25,259 | 30,028 | 41,359 | |
492/3 |
- | - | - | - | - | - | - | 282 | - | - | - | - | - | 901 | 473 | 407 | 375 | 454 | |
| Income statement | |||||||||||||||||||
70 |
- | - | - | - | - | 212,205 | 132,845 | 156,636 | 153,984 | 152,601 | 174,999 | 260,300 | 267,578 | 311,563 | 288,208 | 322,868 | 476,333 | 369,773 | |
76A |
- | - | - | - | - | 8,000 | - | - | - | - | - | - | 12,000 | - | - | - | - | 9,917 | |
9900 |
996 | -8,319 | -8,902 | -3,246 | 5,830 | 12,805 | -4,688 | -158 | -3,933 | -3,220 | 805 | 15,209 | 14,941 | 11,101 | 5,199 | 8,727 | 17,914 | -5,301 | |
60/61 |
- | - | - | - | - | 199,400 | 137,533 | 156,794 | 157,917 | 155,821 | 174,194 | 245,091 | 252,637 | 300,462 | 283,009 | 314,141 | 458,419 | 375,074 | |
630 |
127 | 127 | 127 | 127 | 127 | 127 | 134 | 150 | 166 | 184 | 206 | 228 | 253 | 3,397 | 4,536 | 10,850 | 14,285 | 3,278 | |
640/8 |
639 | 539 | 494 | 482 | 490 | 74 | 420 | 765 | 479 | 184 | 475 | 500 | 474 | 532 | 467 | 792 | 525 | 940 | |
66A |
200 | 441 | - | - | - | - | - | - | - | - | - | - | 9,273 | - | - | - | - | 9,000 | |
9901 |
31 | -9,426 | -9,523 | -3,855 | 5,214 | 12,604 | -5,242 | -1,073 | -4,578 | -3,588 | 124 | 14,481 | 14,214 | 7,172 | 196 | -2,915 | 3,104 | -9,519 | |
75/76B |
430 | 84 | 32 | 456 | 74 | 116 | 117 | 199 | 325 | 269 | 101 | 41 | 9 | 32 | 98 | 200 | 582 | 161 | |
75 |
430 | 84 | 32 | 456 | 74 | 116 | 117 | 199 | 325 | 269 | 101 | 41 | 9 | 32 | 98 | 200 | 582 | 161 | |
65/66B |
198 | 217 | 97 | 138 | 98 | 89 | 52 | 29 | 39 | 961 | 991 | 983 | 983 | 1,784 | 2,230 | 2,746 | 3,086 | 2,132 | |
65 |
198 | 217 | 97 | 138 | 98 | 89 | 52 | 29 | 39 | 961 | 991 | 983 | 983 | 1,784 | 2,230 | 2,746 | 3,086 | 2,132 | |
9903 |
263 | -9,558 | -9,588 | -3,538 | 5,189 | 12,631 | -5,177 | -903 | -4,292 | -4,280 | -766 | 13,539 | 15,967 | 5,420 | -1,936 | -5,461 | 600 | -10,573 | |
67/77 |
- | - | - | - | 804 | - | 3 | - | - | 344 | 318 | 2,723 | 3,556 | 3,210 | 416 | - | 82 | - | |
9904 |
263 | -9,558 | -9,588 | -3,538 | 4,385 | 12,631 | -5,180 | -903 | -4,292 | -4,624 | -1,084 | 10,816 | 12,411 | 2,210 | -2,352 | -5,461 | 518 | -10,573 | |
9905 |
263 | -9,558 | -9,588 | -3,538 | 4,385 | 12,631 | -5,180 | -903 | -4,292 | -4,624 | -1,084 | 10,816 | 12,411 | 2,210 | -2,352 | -5,461 | 518 | -10,573 | |
| Appropriation of the result | |||||||||||||||||||
9906 |
-21,919 | -22,182 | -12,624 | -3,036 | 501 | -3,883 | -16,514 | -11,334 | -10,431 | -6,139 | -1,515 | 3,569 | -3,247 | -15,658 | -17,868 | -15,516 | -10,055 | -10,573 | |
14P |
-22,182 | -12,624 | -3,036 | 501 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
694/7 |
- | - | - | - | - | - | - | - | - | - | - | 4,000 | 4,000 | - | - | - | - | - | |
695 |
- | - | - | - | - | - | - | - | - | - | - | 4,000 | 4,000 | - | - | - | - | - | |
| Document | |||||||||||||||||||
The notes to these accounts have 5 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).
Source: Annual accounts 2025 (PDF), filed on 31-01-2026.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 30-06-2025 | micro format | 31-01-2026 | 2026-00024324 | |
| 30-06-2024 | micro format | 30-01-2025 | 2025-00015412 | |
| 30-06-2023 | micro format | 30-01-2024 | 2024-00011310 | |
| 30-06-2022 | micro format | 30-01-2023 | 2023-00007902 | |
| 30-06-2021 | micro format | 28-01-2022 | 2022-02300274 | |
| 30-06-2020 | abbreviated format | 15-01-2021 | 2021-01100535 | |
| 30-06-2019 | abbreviated format | 09-01-2020 | 2020-00900446 | |
| 30-06-2018 | abbreviated format | 15-01-2019 | 2019-01600100 | |
| 30-06-2017 | abbreviated format | 09-01-2018 | 2018-00800274 | |
| 30-06-2016 | abbreviated format | 24-01-2017 | 2017-02100489 | |
| 30-06-2015 | abbreviated format | 08-02-2016 | 2016-04300378 | |
| 30-06-2014 | abbreviated format | 02-01-2015 | 2015-00100291 | |
| 30-06-2013 | abbreviated format | 31-01-2014 | 2014-02600580 | |
| 30-06-2012 | abbreviated format | 07-01-2013 | 2013-00500276 | |
| 30-06-2011 | abbreviated format | 30-12-2011 | 2011-65900186 | |
| 30-06-2010 | abbreviated format | 17-01-2011 | 2011-01100484 | |
| 30-06-2009 | abbreviated format | 07-01-2010 | 2010-01100202 | |
| 30-06-2008 | abbreviated format | 26-12-2008 | 2008-87800263 |
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 158 | -9,299 | -9,396 | -3,728 | 5,340 | 12,731 | -5,108 | -923 | -4,412 | -3,404 | 330 | 14,709 | 14,467 | 10,569 | 4,732 | 7,935 | 17,389 | -6,241 | ||
| 389 | -9,431 | -9,461 | -3,411 | 4,512 | 12,758 | -5,046 | -753 | -4,126 | -4,440 | -878 | 11,044 | 12,664 | 5,607 | 2,184 | 5,389 | 14,803 | -7,295 | ||
| 0 | 0 | 0 | 0 | -0 | 0 | 0 | 0 | -1 | 0 | 186 | 0 | 2,534 | 0 | 0 | 0 | 19,866 | 31,692 | ||
| -3,498 | -163 | -8,498 | -6,850 | 12,273 | -2,439 | 3,018 | -2,858 | -4,881 | -3,508 | -23,183 | 30,232 | -9,267 | -1,551 | 1,581 | -2,472 | 2,717 | - | ||
| -10,156 | -10,546 | -1,114 | 8,346 | 11,757 | 31,246 | 18,488 | 23,816 | 24,287 | 28,412 | 32,852 | 33,916 | 26,872 | 21,643 | 15,608 | 13,358 | 7,937 | -10,921 | ||
| - | - | - | - | - | 5.9% | -3.9% | -0.7% | -3.0% | -2.4% | 0.1% | 5.6% | 5.3% | 2.3% | 0.1% | -0.9% | 0.7% | -2.6% | ||
| -34.3% | -28.2% | -0.6% | 20.1% | 25.7% | 19.4% | -11.8% | 3.1% | 5.8% | 15.2% | 23.3% | 16.5% | 10.7% | -6.5% | -9.3% | -4.4% | 2.5% | 2.1% | ||
| 0.73 | 0.76 | 0.97 | 1.22 | 1.32 | 3.74 | 2.23 | 3.58 | 4.12 | 3.62 | 3.78 | 1.93 | 2.42 | 1.77 | 1.39 | 1.27 | 1.12 | 0.87 | ||
| 0.36 | 0.39 | 0.52 | 0.70 | 0.89 | 2.18 | 1.54 | 2.43 | 2.89 | 2.63 | 3.04 | 1.66 | 1.89 | 1.33 | 0.99 | 0.87 | 0.74 | 0.46 | ||
| - | - | - | 3.96 | 2.88 | 4.16 | - | 31.45 | 16.14 | 5.57 | 3.29 | 5.05 | 8.33 | - | - | - | 39.43 | 46.07 | ||
| - | - | - | -37.8% | 34.0% | 148.3% | - | -84.7% | -218.0% | -73.9% | -10.0% | 90.4% | 240.8% | - | - | - | 22.1% | -578.7% | ||
| 0.9% | -27.5% | -27.6% | -7.6% | 8.8% | 28.7% | -14.9% | -2.6% | -12.7% | -11.2% | -2.3% | 14.9% | 25.8% | 4.4% | -4.0% | -7.8% | 0.5% | -12.3% | ||
| 0.79 | -42.88 | -97.21 | -26.93 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||
| - | - | - | - | - | 9 days | 2 days | 9 days | 3 days | 6 days | 13 days | 11 days | 18 days | 7 days | 8 days | 12 days | 12 days | 6 days | ||
| - | - | - | - | - | 12 days | 16 days | 12 days | 10 days | 17 days | 16 days | 38 days | 11 days | 11 days | 19 days | 14 days | 22 days | 32 days |
Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
The operating result for 2025 is a profit of €31, after a loss of €9,426 in 2024. It is the highest result since 2021.
Equity is negative. Debt (€37,306) exceeds the balance-sheet total (€27,787).
Source: shareholder structure in its own accounts
COMPU-SQUARE has no parent and no holdings in its annual accounts. is the only director.
The network starts from the directors of COMPU-SQUARE. Every other company they run is a node.
Deadline for the 2026 accounts: 31-01-2027
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
| Establishment | Since | Unit number |
|---|---|---|
| Casinolaan 27 registered office 3018 Leuven 4740001 Retail sale of information and communication equipment | 11-06-2007 | 2.163.277.172 |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 24038C0190/00B007 | 361 m² | 1 · 152 m² | 11.1 m · 3 |
If something looks wrong or is missing, please tell us.