SAQ Architects
ActiveSAQ Architects has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €241k and a net result of €27k. Equity remains stable across the filed fiscal years (±0.2% per year). Its solvency ranks better than 28% of 9450 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
62
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability52▼-23
Solvency54▲+3
Growth32▼-20
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €14k at 30 days acceptable
Liquidity tight (current ratio 1.05 against 1.3 in 2024; short-term debt: 20.5% and cash: 1.2% of total assets), and 71.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 71
Relative position
BE, all sectors
reference
Sector 71
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
28.6%
Return on assets
3.2%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
31 d late
2024
31 d late
2023
31 d late
2022
31 d late
2021
31 d late
2020
31 d late
2019
92 d late
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
21-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€241k▼ 11.4%
2024 · €273k
2018: €250k
2019: €281k
2020: €312k
2021: €326k
2022: €250k
2023: €337k
2024: €273k
2018 → 2025
Total assets
€844k▼ 19.7%
2024 · €1.05M
2018: €323k
2019: €376k
2020: €408k
2021: €395k
2022: €408k
2023: €690k
2024: €1.05M
2018 → 2025
Net result
€27k▼ 43.6%
2024 · €49k
2018: €83k
2019: €31k
2020: €31k
2021: €14k
2022: €13k
2023: €87k
2024: €49k
2018 → 2025
Working capital
€9k▼ 92.4%
2024 · €118k
2018: €233k
2019: €214k
2020: €232k
2021: €193k
2022: €118k
2023: €250k
2024: €118k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€326k-€250k▼ 23.1%€337k▲ 34.8%€273k▼ 19.2%€241k▼ 11.4%
Operating result€18k-€17k▼ 4.0%€2k▼ 85.8%€75k▲ 2,974%€51k▼ 32.5%
Net result€14k-€13k▼ 0.9%€87k▲ 546%€49k▼ 44.2%€27k▼ 43.6%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 32% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €844k
Fixed assets
€662k▲ 23.4%
Current assets
€182k▼ 64.7%
Equity and liabilities €844k
Equity
€241k▼ 11.4%
Debt
€602k▼ 22.6%
The debt ratio falls from 74.1% to 71.4%. Equity and debt are lower.
Key figures and ratios
EBITDA
€65k▼
2024 · €89k
Cash flow
€42k▼
2024 · €63k
Solvency
28.6%▲
2024 · 25.9%
Current ratio
1.05▼
2024 · 1.30
Quick ratio
1.05▼
2024 · 1.30
Debt / equity
2.49▼
2024 · 2.86
ROE
11.4%▼
2024 · 17.8%
ROA
3.2%▼
2024 · 4.6%
Interest coverage
3.47▼
2024 · 7.13
Debt
€602k▼
2024 · €778k
Debt ≤ 1 year
€173k▼
2024 · €397k
Debt > 1 year
€425k▲
2024 · €380k
Income taxes
€12k▼
2024 · €18k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€1.05M€844k▼
Fixed assets21/28€536k€662k▲
Tangible fixed assets22/27€531k€657k▲
Land and buildings22€502k€638k▲
Furniture and vehicles24€29k€19k▼
Financial fixed assets28€5k€5k=
Current assets29/58€515k€182k▼
Amounts receivable after more than one year29€125k€129k▲
Other amounts receivable291€125k€129k▲
Amounts receivable within one year40/41€29k€32k▲
Trade receivables40€23k€23k▼
Other amounts receivable41€6k€9k▲
Current investments50/53€46k€0▼
Cash at bank and in hand54/58€303k€10k▼
Deferred charges and accrued income490/1€12k€10k▼
Equity and liabilities
Total equity and liabilities10/49€1.05M€844k▼
Equity10/15€273k€241k▼
Contributions10/11€7k€7k=
Reserves13€265k€234k▼
Distributable reserves133€265k€234k▼
Profit (loss) carried forward14-€0
Amounts payable17/49€778k€602k▼
Amounts payable after more than one year17€380k€425k▲
Financial debts170/4€380k€425k▲
Amounts payable within one year42/48€397k€173k▼
Current portion of amounts payable after more than one year42€41k€58k▲
Trade debts44€167k€12k▼
Suppliers440/4€167k€12k▼
Taxes, remuneration and social security45€14k€7k▼
Taxes450/3€14k€7k▼
Other amounts payable47/48€175k€96k▼
Accrued charges and deferred income492/3€2k€5k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€14k€15k▲
Other operating charges640/8€4k€2k▼
Gross operating margin9900€93k€68k▼
Operating profit (loss)9901€75k€51k▼
Financial income75/76B€4k€8k▲
Recurring financial income75€4k€8k▲
Financial charges65/66B€12k€19k▲
Recurring financial charges65€12k€19k▲
Profit (loss) for the period before taxes9903€66k€39k▼
Income taxes67/77€18k€12k▼
Profit (loss) for the period9904€49k€27k▼
Profit (loss) for the period to be appropriated9905€49k€27k▼
Appropriation of the result
Profit (loss) to be appropriated9906€49k€27k▼
Transfer from equity791/2€114k€59k▼
Transfer to equity691/2€49k€27k▼
To other reserves6921€49k€27k▼
Profit to be distributed694/7€114k€59k▼
Return on contributions (dividend)694€114k€59k▼
The notes to these accounts (13 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
31-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 31 days late
2024
31-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 31 days late
2023
31-12
Financial
Highest result since 2018net €87k ▲546%
Net result €87k, the highest in the series.
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
31-12
Financial
Weakest financial yearnet €13k ▼0.9%
Net result drops to €13k, the lowest in the series; recovery starts the following year.
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
31-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 92 days late
2019
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2018
30-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 61 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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, Hasselt · 1 establishment unit since 2008
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Plantenstraat 1093500 HasseltGround area
136 m²
Building footprint
90 m²
Volume, LiDAR
604 m³
Parcel 71327G0629/00M009, Flanders · tallest building 10.4 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
SAQ Architects
since 20082.186.654.568
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71327G0629/00M009 | Flanders | 136 m² | 1 · 90 m² | 10.4 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
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
ARCHITECTENBUREAU VERRET
BE 0817.721.480
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ARCHITECT B. HACHEZ
BE 0473.130.168
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Marge Architecten
BE 0666.626.659
Gent · Eq €241k
BURO B Architectuur & Interieurdesign
BE 0500.778.930
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PALOTAS, REICHELT & PARTNER
BE 0889.884.235
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Of 18,255 companies in sector 71111 we hold annual accounts for 6,321. 4,942 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded31-01-2008
Fiscal year end31-12
Activities, NACEBEL
71111Activities of building architects
Sources
Crossroads Bank for EnterprisesNational Bank · 18 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesE-mail:frederik_vaes@telenet.be
Phone:0473 566 970