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SQ ENTERPRISE

Active
Private limited companyfounded 20224 yrs activeKarel Quitmannplein 4, 1930 Zaventem, BelgiumKBO/BCE: BE 0789.516.652
Summary

The computed 12-month bankruptcy probability of SQ ENTERPRISE is 5.3% (elevated). The 2023 annual accounts show negative equity (-€22,293) and a net result of -€22,293. Its solvency ranks better than 5% of 3287 sector peers (fiscal year 2023). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.

Overview

What they do
Washing and cleaning of motor vehicles
NACE 95316NACE 45206
2 sites
How big
€41,722turnover 2023
Equity
-€22,293
Loss
-€22,293
Financially healthy?
Bankruptcy chance 12 m
5.3%
2023 figures too old to score
Who decides
Accounts 2 d early0 of 3 deeds read
Signals- Annual accounts: weaker financial profile- Limited track record- Multiple establishment units+ Lower-failure-rate sectorLatest accounts filed on timeShow the evidence

Checked score

No current score
Figures too old
The available figures for FY 2023 are too old to assess current financial health.
Bankruptcy probability: Elevated
Axes, FY 2023
Profitability0
Solvency0
Growth-
Track record79
Bankruptcy probability, 12 months
5.3% Elevated
0%0.5%1.5%4%10%≥ 25%
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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 2023
Solvency, return and age of the figures
Solvency
-301.4%
Return on assets
-301.4%
Age of the figures
33 mo
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 4 years 0 10 y
raises risk · Multiple establishment units
Several establishment units mean more fixed costs, and such companies fail more often than a company with one establishment.
KBO · establishment units
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 95
Relative position
BE, all sectors
reference
Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles (NACE 95)
about 19% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 29-07-2024, 2 days ahead of the deadline.
NBB · 1 filing
Deviation from the deadline
2023
2 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its 2023 accounts 2 days before the deadline; the sector median for financial year 2023 is on the deadline day, and 48% of the sector filed late.

Checked, nothing found (1)
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
  1. Annual accounts filedfiscal year 2023 · micro…

Key points

  • Risk: Negative equityfiscal year 2023: debts exceed assets -€22,293 View
  • Caution: Among the weakest 5% on solvencysector median 36.0% · 3,287 companies -301.4% View
  • Turnover 2023first fiscal year filed €41,722 View

By topic

Financials

Fiscal year
2023
Turnover
€41,722
Loss
-€22,293
Solvency
-301.4%
Go to Financials

Company details

Sites
2
Legal form
Private limited company
Activity
Washing and cleaning of motor vehiclesNACE 95316
Founded
09-08-2022
Year ends
31-12
Peppol
Not found in the Peppol directory
Go to Company details

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