Equity
€23.8m ▲ 606%
Equity rose in 2025: capital increase.
Square Real Estate
Lifetime
18 annual accounts with figures on one time axis, 37 filings since 1988peak €1.6m (2013)
€406,554▲ 937%
lowest -€729,233 (2011)
€121,750▲ 98.0%
peak €23.8m (2025)
€23.8m▲ 606%
€3.7m▲ 2,405×
peak 6.6 FTE (2009)
3 FTE
Board7 names since 2018
2 directorsLT Capital & Advice BV and 1 other
Owners7 names in the annual accountsall names
Documentsfilings and deeds
23-06-202638 days before the deadline
2025financial year
Gross margin from €39,192 to €406,554Result from €61,487 to €121,750Capital increase of €20,291,595.05 to €20,541,595.05 25-07Equity from €3.4m to €23.8mDebts from €1,551 to €3.7mInvestments €17.1m
Key points
from the 2025 annual accountsStaff
3 FTE from 6.6 in 2009
Between 2009 and 2025, 55% of the full-time equivalents disappeared.
Filings
37 annual accounts 38 filings since 1988
The last five annual accounts were filed 30 to 45 days before the end of the period.
At the same address
23 companies
Board
3 joined · 2 left
Board changed. Latest change 16-06-2026 · 3 in office.
Position in the sector
€23.8m
More equity than 89% of companies in head offices and management consultancy. Sector median €1.1m · 3,873 companies.
Holding: outside the score modelBankruptcy probability: sector outside the model
Checked score
Outside the general model
Holding: general score not applicable
The company has a registered holding activity. Financial fixed assets make up more than half of its assets. The general model for operating companies does not fit such a balance sheet, so there is no score and no financial strength.
Bankruptcy probability within 12 months
The company is a financial institution: a bank, insurer or financial holding. Its balance sheet works differently from that of a trading or manufacturing company. A bankruptcy probability from the general model would mislead here.
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Signals
2 signals, none raises the risk
Two signals.
lowers riskneutral
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €23.8m
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 23-06-2026, 38 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
38 days early
2024
42 days early
2023
30 days early
2022
31 days early
2021
45 days early
2020
24 days early
2019
44 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 36 days before the deadline. In the sector (NACE 70), the median for financial year 2024 was 9 days before the deadline, and 32% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 23 June (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
08-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
- LT CAPITAL & ADVICE 100%equity €59.7m (2025) · annual accounts 2025
- LT Capital & Advice BV consolidatesannual accounts 2025
Shares in 7 companies, including NDK 28 and Tondelier Development
Board & ownershipRecent changes
3 directors appointed, 3 resignations
Resignations: Jean-Marie de Buck van Overstraeten, Sylva Mannens and LT Capital & Advice BV (managing director) · Appointments: LT Capital & Advice BV (managing director), Lynn Dessomviele and Tim Dessomviele · Permanent representatives: Jean-Marie de Buck van Overstraeten and Sylva Mannens · General meeting of 01-06-2026 · Gazette deed
Capital increase of €20,291,595.05 to €20,541,595.05
Capital from €250,000 to €20,541,595.05, 60,000 new shares · General meeting of 30-06-2025 · Gazette deed
Company renamed from OTRECO to Square Real Estate
“Het verwerven van participaties in eender welke vorm in alle bestaande of op te richten rechtspersonen en…” (deed in Dutch) · Gazette deed
Appointment: Ernst & Young Bedrijfsrevisoren (statutory auditor)
Permanent representative: Brecht Deketele · General meeting of 30-06-2024 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| Square Real Estate Ghent | €27.5m | €406,554 | 86.4% | 3 |
| OPCO Sint-Niklaas | €52.3m | €345,161 | 75.9% | 4.2 |
| POGAM Koekelare | €49.8m | €349,187 | 88.7% | 3.8 |
| CONSULTING & ENGINEERING SERVICES Asse | €26.1m | €298,969 | 79.2% | 1.4 |
| Oak Fever Harelbeke | €26.2m | €247,284 | 85.5% | 3.3 |
| De Kleine Prins Zwevegem | €23.3m | €207,986 | 4.1% | 3.7 |
| CABRA Schoten | €25.2m | €314,420 | 79.4% | 1 |
These companies have the same main activity as Square Real Estate: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €23m and €52m, founded between 1983 and 1999.
Official details
Source: KBO- Status
- Active since 06-11-1987Normal situation
- Registered office
- 24 active companies are registered at this addressSource: KBO register, as of 8 November 2026.
- Activity
- Business and other management consultancyNACE 70200and 2 others
- Joint committee
- 200Auxiliary committee for white-collar workers · annual accounts 2025
- Establishment unit
- 2.031.458.3309032 Ghent, since 25-11-1987
- Financial year end
- 31 December
- Peppol
- Reachable
Annual accounts 2025
- ≈ €620,000estimated
- €27.5m▲ 716%
- Employeeson 31-12-2025
- 3
- Filing
- Filed on 23-06-2026, 38 days before the end of the filing period
Companies linked to Square Real Estate
Subsidiaries and holdings
Insights on Square Real Estate
Square Real Estate has existed since 1987. The present size dates from 2025. The gross margin rose that year from €39,192 to €406,554.
Solvency fell in 2025 from 100.0% to 86.4%.
LT CAPITAL & ADVICE holds all the shares.
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 Square Real Estate
- What is the company number of Square Real Estate?
- The company number of Square Real Estate is 0432.483.210. The VAT number is the same number with BE in front: BE 0432.483.210.
- Where is Square Real Estate based?
- The registered office is at Industrieweg 76, 9032 Ghent.Company details
- What does Square Real Estate do?
- According to the KBO register, the main activity is business and other management consultancy (NACE 70200).
- What is the legal form of Square Real Estate?
- Square Real Estate is a public limited company (NV).
- When was Square Real Estate founded?
- Square Real Estate was founded on 06-11-1987.
- Is Square Real Estate still active?
- Yes, Square Real Estate is an active enterprise in the KBO register.
- How many employees does Square Real Estate have?
- Square Real Estate had an average of 3 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does Square Real Estate fall under?
- In its 2025 annual accounts, Square Real Estate states joint committee 200 (Auxiliary committee for white-collar workers).
- What is the turnover of Square Real Estate?
- The turnover in financial year 2025 is ≈ €620,000. This figure is estimated from the gross margin of €406,554 and 74 comparable companies (NACE 70200). It probably lies between €480,000 and €1.1m.
- Is Square Real Estate profitable?
- In financial year 2025, Square Real Estate made a profit of €121,750.
- Where can I find the annual accounts of Square Real Estate?
- Square Real Estate filed 38 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of Square Real Estate due?
- Square Real Estate must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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