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SILVERSQUARE BELGIUM

Active
Public limited companyfounded 2008active for 18 yearsKantersteen 47, 1000 Brussel, BelgiumKBO/BCE: BE 0806.423.356
Summary

The computed 12-month bankruptcy probability of SILVERSQUARE BELGIUM is 2.9% (moderate). The 2025 annual accounts show negative equity (-€11.3m) and a net result of -€7.1m. Equity fluctuates too strongly from year to year to read a trend from it. Its solvency ranks better than 5% of 1,165 sector peers (NACE 82, financial year 2025). The company has been active since 2008 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Official details

Source: KBO
Status
Active since 18-09-2008 Normal situation
Registered office
264 active companies are registered at this address 28 started in the 12 months before. Source: KBO register, as of 3 November 2026.
Activity
Other business support services NACE 82990and 1 other
Joint committee
200 Aanvullend Paritair Comité voor de bedienden · annual accounts 2025
Establishment units
2.173.709.523 1000 Brussel, since 20-10-2008
2.298.526.054 1930 Zaventem, since 15-11-2019and 9 others
Financial year end
31 December
Peppol
Reachable since 17-10-2025

Board and ownership

Board
  • PHIREMAChair · permanent representative Philippe Berlamont
  • GAR CONSULTManaging director · permanent representative Jean-Philip Vroninks
Shareholders
Holdings
Shares in 2 companies SILVERSQUARE LUXEMBOURG and NotABikeShop

Financial position

49 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
2.9%
Annual accounts 2025
Turnover
€23.7m
▲ 3.5%
Loss
€7.1m
▲ 6.9%
Equity
-€11.3m
▼ 173%
Total assets
€19.6m
▼ 12.5%
Employees on 31-12-2025
42
▼ 8.7%
  • Negative equity on 31-12-2025
Score breakdownraises riskLoss of €7.1m, the second in a row (financial year 2025)Negative equity -€11.3m1 change of registered office in 24 monthslowers riskSize: turnover €23.7m, 43.8 FTE, total assets €19.6mShow the evidence

Checked score

Score 2025
49 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 10% of small companies in office administrative support (NACE 82)
Financial strength · tick: 2024
Weak
Solvency 0-7
equity -57.5% of total assets
Liquidity 15-20
short-term debt 80.5% · cash 7.3%
Profitability 0=
return on assets -36.4%
Bankruptcy probability within 12 months
2.9% Moderate
0%0.5%1.5%4%10%≥ 25%

About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (1,121 companies, NACE 82, small)
Last 24 months 12-2024: 1.9% 01-2025: 1.9%● unchanged vs 12-2024 02-2025: 1.9%● unchanged vs 01-2025 03-2025: 1.9%● unchanged vs 02-2025 04-2025: 1.9%● unchanged vs 03-2025 05-2025: 1.9%● unchanged vs 04-2025 06-2025: 2.0%▲ +0.1 percentage points vs 05-2025 07-2025: 2.1%▲ +0.1 percentage points vs 06-2025 08-2025: 1.8%▼ -0.3 percentage points vs 07-2025 09-2025: 1.8%● unchanged vs 08-2025 10-2025: 1.8%● unchanged vs 09-2025 11-2025: 1.8%● unchanged vs 10-2025 12-2025: 1.8%● unchanged vs 11-2025 01-2026: 1.8%● unchanged vs 12-2025 02-2026: 1.8%● unchanged vs 01-2026 03-2026: 1.8%● unchanged vs 02-2026 04-2026: 1.8%● unchanged vs 03-2026 05-2026: 1.7%▼ -0.1 percentage points vs 04-2026lowest value 06-2026: 2.3%▲ +0.6 percentage points vs 05-2026 07-2026: 2.9%▲ +0.6 percentage points vs 06-2026highest value 08-2026: 2.9%● unchanged vs 07-2026highest value 09-2026: 2.9%● unchanged vs 08-2026highest value 10-2026: 2.9%● unchanged vs 09-2026highest value 11-2026: 2.9%● unchanged vs 10-2026highest value
No credit on open account
Liquidity is insufficient, with a current ratio of 0.44 (0.62 in 2024), below 1. Short-term debt is 80.5% and cash 7.3% of total assets. Equity is negative.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 82, small). It does better than 1% of them on solvency, 9% on liquidity, 1% on profitability and 30% on growth.

The bankruptcy probability was computed on 02-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Six signals.
lowers riskraises riskneutral
raises risk · Loss of €7.1m, the second in a row (financial year 2025)
NBB · annual accounts
raises risk · Negative equity -€11.3m
NBB · annual accounts
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
lowers risk · Size: turnover €23.7m, 43.8 FTE, total assets €19.6m
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
1819202122232425
2018 to 2025 · latest year -€11.3m
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 30-06-2026, 31 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
31 days early
2024
24 days early
2023
28 days early
2022
53 days early
2021
81 days early
2020
100 days early
2019
27 days late
← 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 41 days before the deadline. In the sector (NACE 82), the median for financial year 2024 was 7 days before the deadline, and 35% 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 30 June (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
03-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Risk: Negative equitydebts exceed assets in financial year 2025 -€11.3m View
  • Risk: 8 loss-making years in a rowloss in financial year 2025 -€7.1m View
  • Caution: Equity fell in 2025from -€4.1m to -€11.3m ▼ 173% View
  • Caution: Lower solvency than 95% of companies in office administrative supportsector median 44.8% · 1,165 companies -57.5% View
  • Positive: Filed on time since financial year 2020accounts within the deadline every year 6 years View
  • A director leftlatest change 31-12-2025 · 2 in office 1 left View

Recent changes

  1. · Gazette deed Reappointment: Deloitte Réviseurs d'Entreprises (statutory auditor)Appointment: Jo Van Baelen (permanent representative)
  2. · Gazette deed Amendment of the articles
  3. · Gazette deed Transfer proposal: SILVERSQUARE BELGIUM transfers a branch of activity to CoWorkHub NV
All 40 events

Comparable companies

These companies have the same main activity as SILVERSQUARE BELGIUM: other business support services (NACE 82990). They are comparable in size and age: total assets between €11m and €31m, founded between 1997 and 2013.

CompanyTotal assetsTurnover
SILVERSQUARE BELGIUM Brussel€19.6m€23.7m
P95 Leuven€18.6m€15.7m
Wemanity Reply Brussel€12.3m€16.3m
ServiceNow Belgium Sint-Joost-ten-Node€30.5m€24.0m
AECOM BELGIUM Leuven€11.1m€30.6m
OPTIMAL PARKING CONTROL Herent€25.1m€19.1m
Lantmännen Unibake Benelux Londerzeel€20.6m€18.4m
Full comparison

Key facts about SILVERSQUARE BELGIUM

What is the company number of SILVERSQUARE BELGIUM?
The company number of SILVERSQUARE BELGIUM is 0806.423.356. The VAT number is the same number with BE in front: BE 0806.423.356.
Where is SILVERSQUARE BELGIUM based?
The registered office is at Kantersteen 47, 1000 Brussel.Company details
What does SILVERSQUARE BELGIUM do?
According to the KBO register, the main activity is other business support services (NACE 82990).
What is the legal form of SILVERSQUARE BELGIUM?
The legal form of SILVERSQUARE BELGIUM is Public limited company (NV).
When was SILVERSQUARE BELGIUM founded?
SILVERSQUARE BELGIUM was founded on 18-09-2008.
Is SILVERSQUARE BELGIUM still active?
Yes, SILVERSQUARE BELGIUM is an active enterprise in the KBO register.
How many employees does SILVERSQUARE BELGIUM have?
SILVERSQUARE BELGIUM had an average of 43.8 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does SILVERSQUARE BELGIUM fall under?
In its 2025 annual accounts, SILVERSQUARE BELGIUM states joint committee 200 (Aanvullend Paritair Comité voor de bedienden).
What is the turnover of SILVERSQUARE BELGIUM?
The turnover of SILVERSQUARE BELGIUM was €23.7m in financial year 2025, according to the filed annual accounts.
Is SILVERSQUARE BELGIUM profitable?
In financial year 2025, SILVERSQUARE BELGIUM made a loss of €7.1m.
Where can I find the annual accounts of SILVERSQUARE BELGIUM?
SILVERSQUARE BELGIUM filed 19 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of SILVERSQUARE BELGIUM due?
SILVERSQUARE BELGIUM must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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