Equity
€108,858 ▲ 37.5%
DSquare Development has made a profit in every financial year since 2023.
DSquare Development
Lifetime
3 annual accounts with figures on one time axispeak €52,000 (2024)
€44,429▼ 14.6%
peak €38,350 (2023)
€29,687▼ 17.1%
peak €108,858 (2025)
€108,858▲ 37.5%
€8,149▼ 41.3%
Board1 name since 2023
1 director
Documentsfilings and deeds
02-06-202659 days before the deadline
2025micro format
Gross margin from €52,000 to €44,429Equity from €79,170 to €108,858Debts from €13,880 to €8,149Cash from €42,796 to €61,289
Key points
from the 2025 annual accountsTurnover
≈ €140,000 estimated
The micro format states no turnover.
Investments
€4,006 1.9 × depreciation
Green is investment, beige is depreciation.
Liquidity
14.08 was 6.37 in 2024
Short-term debts fell from €13,880 to €7,880.
Starting capital
€5,000 100 shares
Position in the sector
93.0%
Higher solvency than 92% of companies in computer programming and consultancy. Sector median 60.0% · 21,217 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 39,278 companies had the same profile as DSquare Development has now. Each dot stands for 99 companies, two years later.
95.8%
were still trading
2.3%
stopped another way
1.8%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,448 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 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
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 39,278 companies, not a prediction for DSquare Development. 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.
Credit verdict
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Signals
Recent changes
Incorporation
Founding capital of €5,000, 100 shares · Founder: (comparant) · Appointment: (director) · published on 05-01-2023 · Gazette deed
First establishment
Rue du Bois Garguenne 108, Flémalle
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| DSquare Development Flémalle | €117,007 | €44,429 | 93.0% | - |
| MANYDATA Donceel | €116,570 | €44,502 | 89.3% | - |
| BWH Tech Liège | €121,110 | €42,236 | 86.8% | - |
| Maine Développement Liège | €92,908 | €46,372 | 58.9% | - |
| SAMOTEK Woluwe-Saint-Lambert | €117,389 | €41,403 | 88.4% | - |
| BROX Evere | €108,976 | €44,698 | 73.5% | - |
| Malghem Consulting Ath | €117,607 | €45,240 | 43.4% | - |
These companies have the same main activity as DSquare Development: computer programming (NACE 62100). They are comparable in size and age: total assets between €92,900 and €121,000, founded between 2022 and 2023.
Official details
Source: KBO- Status
- Active since 03-01-2023Normal situation
- Activity
- Computer programmingNACE 62100and 9 others
- Establishment unit
- 2.339.991.5744400 Flémalle, since 03-01-2023
- Financial year end
- 31 December
- Peppol
- Reachable
Annual accounts 2025
- €117,007▲ 25.7%
- Filing
- Filed on 02-06-2026, 59 days before the end of the filing period
Insights on DSquare Development
DSquare Development files the micro format. That format states no turnover. The gross margin fell from €50,057 in 2023 to €44,429 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about DSquare Development
- What is the company number of DSquare Development?
- The company number of DSquare Development is 0795.655.168. The VAT number is the same number with BE in front: BE 0795.655.168.
- Where is DSquare Development based?
- The registered office is at Rue du Bois Garguenne 108, 4400 Flémalle.Company details
- What does DSquare Development do?
- According to the KBO register, the main activity is computer programming (NACE 62100).
- What is the legal form of DSquare Development?
- DSquare Development is a private limited company (BV).
- When was DSquare Development founded?
- DSquare Development was founded on 03-01-2023.
- Is DSquare Development still active?
- Yes, DSquare Development is an active enterprise in the KBO register.
- What is the turnover of DSquare Development?
- The turnover in financial year 2025 is ≈ €140,000. This figure is estimated from the gross margin of €44,429 and 84 comparable companies (NACE 62). It probably lies between €110,000 and €190,000.Financials
- Is DSquare Development profitable?
- In financial year 2025, DSquare Development made a profit of €29,687.
- Where can I find the annual accounts of DSquare Development?
- DSquare Development filed 3 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of DSquare Development due?
- DSquare Development must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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