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Matching Square

Active
Private limited companyfounded 20233 yrs activeChemin de La Maison du Roi 34a, 1380 Lasne, BelgiumKBO/BCE: BE 0802.623.629
Summary

Matching Square has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €26,664 and a net result of €1,955. The computed 12-month bankruptcy probability is 0.7% (low).

Checked score

Score 2024
Axes · tick = 2023
Profitability70▲+63
Solvency43▲+2
Growth78
Track record94
Bankruptcy probability, 12 months
0.7% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1,500 at 30 days acceptable
Liquidity ample (current ratio 3.08 against 14.77 in 2023; short-term debt: 8% and cash: 8.7% of total assets), but 82% of the assets are financed with debt.
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Show the recommended maximum : and see how the verdict changes with amount, term and advance.

Signals

Five 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
Computer programming, consultancy and related activities (NACE 62)
about 64% fewer bankruptcies
← 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 date
Age against the risk zone
highest failure risk from 2 to 8 years 3 years 0 10 y
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024
Solvency, return and age of the figures
Solvency
18%
Return on assets
1.3%
Age of the figures
21 mo
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
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 · 3 filings
Deviation from the deadline
2025
37 d early
2024
27 d early
2023
14 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 3 accounts on average 17 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 33% 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 4 July (3 of the last 3 filed years within 42 days of that day).
Companies Code · seven months
Position in the running window
30-09-2026 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

History

On 12 June 2023, Matching Square was incorporated as a Private limited company.1 The company has filed 3 sets of annual accounts, the latest for fiscal year 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2025

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Financials · fiscal year 2024, micro schema

Equity
€26,664▲ 20.1%
2023 · €22,210
Total assets
€148,526▲ 8.0%
2023 · €137,509
Net result
€1,955
2023 · -€12,961
Working capital
€24,727▼ 66.1%
2023 · €72,972
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.

Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 62, Computer programming, consultancy and related activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the fiscal year before
favourable unfavourable
Line20232024
Operating result-€12,770-€2,206
Net result-€12,961below the sector's middle half-€1,955below the sector's middle half
Equity€22,210below the sector's middle half-€26,664within the sector's middle half▲ 20.1%
Total assets€137,509within the sector's middle half-€148,526within the sector's middle half▲ 8.0%
Debt€115,299-€121,862▲ 5.7%
Working capital€72,972within the sector's middle half-€24,727within the sector's middle half▼ 66.1%
Solvency16.2%below the sector's middle half-18.0%below the sector's middle half▲ 1.8pp
Current ratio14.77above the sector's middle half-3.08within the sector's middle half▼ 11.69
Return on assets (ROA)-9.4%below the sector's middle half-1.3%below the sector's middle half▲ 10.7pp
above within below the middle half (P25 to P75) of NACE 62, Computer programming, consultancy and related activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€15,000-€10,000-€5,000€0Operating result 2023: -€12,770-€12,770Net result 2023: -€12,961-€12,961Operating result 2024: €2,206€2,206Net result 2024: €1,955€1,95520232024-€15,000-€10,000-€5,000€0Operating result 2023: -€12,770-€12,800Net result 2023: -€12,961-€13,000Operating result 2024: €2,206€2,210Net result 2024: €1,955€1,95020232024
The operating result returns to profit in 2024: €2,206 after a loss of €12,770 in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €148,526
Fixed assets €111,937 ▲ 92.2%
Current assets €36,590 ▼ 53.3%
Equity and liabilities €148,526
Equity €26,664 ▲ 20.1%
Debt €121,862 ▲ 5.7%
Debt's share of the balance-sheet total falls from 83.8% to 82.0%. Equity and debt are higher.
Key figures and ratios
2024 value · change against 2023
EBITDA
€23,794▲
2023 · -€10,146
Cash flow
€23,543▲
2023 · -€10,337
Debt to equity
4.57▼
2023 · 5.19
ROE
7.3%▲
2023 · -58.4%
Interest coverage
94.75▲
2023 · -53.05
Debt ≤ 1 year
€11,862▲
2023 · €5,299
Debt > 1 year
€110,000=
2023 · €110,000
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 2,542 companies that looked in July 2024 the way this one looks now, 3.5% went bankrupt within 24 months and 95% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 10 to 30%
  • a profit under 5% of the balance sheet
3.5% went bankrupt
1.2% stopped otherwise
95% still going

A further 0.3% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a lower bankruptcy probability: 0.7% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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% 1.0%
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%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 2,542 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2024 against 2023 · 31 lines
Balance sheet Code20232024
Assets
Total assets20/58€137,509€148,526▲
Formation expenses20€989€0▼
Fixed assets21/28€58,248€111,937▲
Intangible fixed assets21€58,248€111,937▲
Current assets29/58€78,272€36,590▼
Amounts receivable within one year40/41€8,668€22,719▲
Trade receivables40-€18,100
Other amounts receivable41€8,668€4,619▼
Cash at bank and in hand54/58€69,603€12,971▼
Deferred charges and accrued income490/1-€900
Equity and liabilities
Total equity and liabilities10/49€137,509€148,526▲
Equity10/15€22,210€26,664▲
Contributions10/11€35,171€37,671▲
Profit (loss) carried forward14-€12,961-€11,007▲
Amounts payable17/49€115,299€121,862▲
Amounts payable after more than one year17€110,000€110,000=
Other amounts payable178/9€110,000€110,000=
Amounts payable within one year42/48€5,299€11,862▲
Trade debts44€5,299€11,862▲
Suppliers440/4€5,299€11,862▲
Income statement Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2,624€21,588▲
Other operating charges640/8-€847
Gross operating margin9900-€10,146€24,641▲
Operating profit (loss)9901-€12,770€2,206▲
Financial charges65/66B€191€251▲
Recurring financial charges65€191€251▲
Profit (loss) for the period before taxes9903-€12,961€1,955▲
Profit (loss) for the period9904-€12,961€1,955▲
Profit (loss) for the period to be appropriated9905-€12,961€1,955▲
Appropriation of the result
Profit (loss) to be appropriated9906-€12,961-€11,007▲
Profit (loss) brought forward from the previous period14P--€12,961

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20232024Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2,624€21,588▲ 723%
Other operating charges640/8-€847-
Gross operating margin9900-€10,146€24,641▲ 343%
Operating profit (loss)9901-€12,770€2,206▲ 117%
Financial charges65/66B€191€251▲ 31.3%
Recurring financial charges65€191€251▲ 31.3%
Profit (loss) for the period before taxes9903-€12,961€1,955▲ 115%
Profit (loss) for the period9904-€12,961€1,955▲ 115%
Profit (loss) for the period to be appropriated9905-€12,961€1,955▲ 115%
Line20232024Change
Assets
Total assets20/58€137,509€148,526▲ 8.0%
Formation expenses20€989€0▼ 100%
Fixed assets21/28€58,248€111,937▲ 92.2%
Intangible fixed assets21€58,248€111,937▲ 92.2%
Current assets29/58€78,272€36,590▼ 53.3%
Amounts receivable within one year40/41€8,668€22,719▲ 162%
Trade receivables40-€18,100-
Other amounts receivable41€8,668€4,619▼ 46.7%
Cash at bank and in hand54/58€69,603€12,971▼ 81.4%
Deferred charges and accrued income490/1-€900-
Equity and liabilities
Total equity and liabilities10/49€137,509€148,526▲ 8.0%
Equity10/15€22,210€26,664▲ 20.1%
Contributions10/11€35,171€37,671▲ 7.1%
Profit (loss) carried forward14-€12,961-€11,007▲ 15.1%
Amounts payable17/49€115,299€121,862▲ 5.7%
Amounts payable after more than one year17€110,000€110,000=
Other amounts payable178/9€110,000€110,000=
Amounts payable within one year42/48€5,299€11,862▲ 124%
Trade debts44€5,299€11,862▲ 124%
Suppliers440/4€5,299€11,862▲ 124%
Line20232024Change
Profit (loss) for the period9904-€12,961€1,955▲ 115%
+ Depreciation and write-downs630€2,624€21,588▲ 723%
Operating cash flow (approximation)-€10,337€23,543▲ 328%
Investment in fixed assets (approximation)--€75,277-
Change in cash--€56,632-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
24-06
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
04-07
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial Back to profitnet €1,955
Net result €1,955 after one loss-making year.
14-08
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 14 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts

We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
3 acts for this company are 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, Lasne · 1 establishment unit since 2023
seat establishment The establishment unit on the map
Ground area
7,343 m²
Building footprint
285 m²
Volume, LiDAR
2,925 m³
Parcel 25087C0580/00E000, Wallonia · tallest building 13.1 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Chemin de La Maison du Roi 34a, 1380 Lasne
Computer programming, consultancy and related activities
since 20232.346.528.780
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
25087C0580/00E000 Wallonia 7,343 m² 1 · 285 m² 13.1 m · 3 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Similar companies · same sector, comparable size

Of 16,913 companies in sector 62100 we hold annual accounts for 8,786. 6,204 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded12-06-2023
Fiscal year end31-12
Activities, NACEBEL 2025
62100Computer programming
62900Other information technology and computer services
62200Computer consultancy and computer facilities management
63100Computing infrastructure, data processing, hosting and related activities
E-invoicing
Reachable via Peppol
Peppol ID 0208:0802623629
Also 9925:BE0802623629
Registered 30-12-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 30 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.