Equity
€3.2m from €6.3m in 2020
Equity fell by 50% in 5 years.
SILVER SQUARE
Lifetime
17 annual accounts with figures on one time axis, 39 filings since 1987peak €1.3m (2014)
€556,411▲ 33.9%
lowest -€382,116 (2018)
-€59,628▼ €252,562
peak €6.3m (2020)
€3.2m▼ 46.6%
€2.8m▲ 13.1%
peak 24.7 FTE (2015)
-not published
Board3 names since 1986
1 director
Owners
100%
Documentsfilings and deeds
16-09-202647 days late
2025micro format
Gross margin from €415,592 to €556,411Loss of €59,628Equity from €5.9m to €3.2m
Key points
from the 2025 annual accountsResult
-€59,628 -€59,628
From profit to loss in 2025, after a profit of €192,934 in 2024.
Staff
1 FTE from 24.7 in 2015
Between 2015 and 2025, 96% of the full-time equivalents disappeared.
Liquidity
1.16 was 8.41 in 2024
Short-term debts rose from €287,378 to €2.6m.
At the same address
19 companies
Position in the sector
-€59,628
Lower net result than 92% of companies in real estate. Sector median €5,854 · 19,790 companies.
2025 accounts filed 47 days after the deadline
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 12,322 companies had the same profile as SILVER SQUARE has now. Each dot stands for 31 companies, two years later.
90.3%
were still trading
8.5%
stopped another way
0.7%
went bankrupt
Another 0.4% stopped without a precise date, possibly only after those two years.
Test of the method
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 12,322 companies, not a prediction for SILVER 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.
Credit verdict
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Signals
Board and ownership
Director, since 15-11-2019
- 100%bankruptequity €24.5m (2025) · 2025 annual accounts of
Recent changes
Company renamed from ASIA FOOD to SILVER SQUARE
Registered office moved within Brussels · New registered office: Rue des Quatre Bras 6, 1000 Bruxelles · Previous registered office: Boulevard Anspach 89, 1000 Bruxelles · General meeting of 19-11-2019 · Gazette deed
First establishment
Quatre Brasstraat 6, Brussels
Incorporation
published on 05-04-1986 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| SILVER SQUARE Brussels | €6.5m | €556,411 | 48.7% | - |
| SAINT-JEAN DUQUESNOY SA Brussels | €6.9m | €489,388 | 68.5% | - |
| SEUTIN RENTALS Brussels | €6.9m | €477,698 | 26.1% | - |
| TAMID Ixelles | €5.5m | €531,996 | 56.7% | 1 |
| IMMOBILIERE DE LA GRAND PLACE Brussels | €7.2m | €692,709 | 93.2% | - |
| IMMOBILIERE SZLACHTER Ixelles | €5.5m | €456,129 | 21.3% | - |
| FLORENCE - GESTION Esneux | €6.1m | €534,514 | 39.4% | 1.3 |
These companies have the same main activity as SILVER SQUARE: renting and operating of own or leased residential real estate, excluding social housing (NACE 68201). They are comparable in size and age: total assets between €5.5m and €7.2m, founded between 1982 and 1989.
Official details
Source: KBO- Status
- Active since 14-03-1986Normal situation
- Registered office
- 20 active companies are registered at this addressSource: KBO register, as of 12 November 2026.
- Activity
- Renting and operating of own or leased residential real estate, excluding social housingNACE 68201
- Establishment unit
- 2.357.869.2681000 Brussels, since 19-11-2019
- Financial year end
- 31 December
- Peppol
- Not found in the Peppol Directory
Annual accounts 2025
- ≈ €630,000estimated
- €6.5m▼ 25.3%
- Employeeson 31-12-2025
- 1=
- Filing
- Filed on 16-09-2026
Insights on SILVER SQUARE
SILVER SQUARE files the micro format. That format states no turnover. The gross margin fell from €772,601 in 2009 to €556,411 in 2025.
The balance sheet grew most from 2019 to 2020 through fixed assets.
holds all the shares. is bankrupt.
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 SILVER SQUARE
- What is the company number of SILVER SQUARE?
- The company number of SILVER SQUARE is 0428.645.671. The VAT number is the same number with BE in front: BE 0428.645.671.
- Where is SILVER SQUARE based?
- The registered office is at Quatre Brasstraat 6, 1000 Brussels.Company details
- What does SILVER SQUARE do?
- According to the KBO register, the main activity is renting and operating of own or leased residential real estate, excluding social housing (NACE 68201).
- What is the legal form of SILVER SQUARE?
- SILVER SQUARE is a private limited company (BV).
- When was SILVER SQUARE founded?
- SILVER SQUARE was founded on 14-03-1986.
- Is SILVER SQUARE still active?
- Yes, SILVER SQUARE is an active enterprise in the KBO register.
- How many employees does SILVER SQUARE have?
- SILVER SQUARE had an average of 1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of SILVER SQUARE?
- The turnover in financial year 2025 is ≈ €630,000. This figure is estimated from the gross margin of €556,411 and 44 comparable companies (NACE 68201). It probably lies between €560,000 and €720,000.
- Is SILVER SQUARE profitable?
- In financial year 2025, SILVER SQUARE made a loss of €59,628.
- Where can I find the annual accounts of SILVER SQUARE?
- SILVER SQUARE filed 39 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of SILVER SQUARE due?
- SILVER SQUARE must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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