Equity
€450,670 ▲ 78.0%
Equity rose in 2026 from €253,228 to €450,670.
SQAT
Lifetime
2 annual accounts with figures on one time axispeak €372,168 (2025)
€280,524▼ 24.6%
peak €251,228 (2025)
€197,442▼ 21.4%
peak €450,670 (2026)
€450,670▲ 78.0%
€195,000▼ 6.8%
Board2 names since 2024
2 directors and 1 other
Documentsfilings and deeds
25-09-2026128 days before the deadline
2026abbreviated format
Gross margin from €372,168 to €280,524Equity from €253,228 to €450,670Cash from €369,030 to €591,405
Key points
from the 2026 annual accountsLiquidity
3.04 was 1.87 in 2025
Short-term debts fell from €209,242 to €194,966.
Position in the sector
€197,442
Higher net result than 85% of companies in computer programming and consultancy. Sector median €24,478 · 142 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 3,127 companies had the same profile as SQAT has now. Each dot stands for 8 companies, two years later.
97.2%
were still trading
1.9%
stopped another way
0.8%
went bankrupt
Test of the method
The method was tested on the 497,448 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 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
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 3,127 companies, not a prediction for SQAT. 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 23-01-2024
Director, since 23-01-2024
- 50 sharesdeed of 25-01-2024
- 50 sharesdeed of 25-01-2024
Recent changes
Incorporation
Founding capital of €2,000, 100 shares · Founders: and · Appointments: (director) and (director) · published on 25-01-2024 · Gazette deed
First establishment
Rue de Hesbaye 7, Donceel
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| SQAT Donceel | €645,670 | €280,524 | 69.8% | - |
| REFORM TECHNOLOGIES Zaventem | €703,400 | €295,569 | -16.3% | - |
| Epyc Solutions Ghent | €777,424 | €278,500 | -25.7% | 8.2 |
| QUBIT ANALYTICS Seraing | €454,690 | €319,710 | 15.5% | - |
| HVE CONSULT Waterloo | €644,048 | €297,386 | 68.0% | - |
| MGD Merchtem | €697,724 | €300,854 | 73.6% | - |
| DUAL DAGGERS Ghent | €628,066 | €206,571 | 86.9% | - |
These companies have the same main activity as SQAT: computer programming (NACE 62100). They are comparable in size and age: total assets between €455,000 and €777,000, founded between 2023 and 2024.
Official details
Source: KBO- Status
- Active since 23-01-2024Normal situation
- Activity
- Computer programmingNACE 62100and 2 others
- Establishment unit
- 2.355.110.4114357 Donceel, since 23-01-2024
- Financial year end
- 30 June
- Peppol
- Reachable
Annual accounts to 30-06-2026
- ≈ €740,000estimated
- €645,670▲ 39.6%
- Filing
- Filed on 25-09-2026, 128 days before the end of the filing period
Insights on SQAT
SQAT has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2026 annual accounts show equity of €450,670 and a net result of €197,442.
Its solvency ranks better than 67% of 142 sector peers (NACE 62, financial year 2026).
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 SQAT
- What is the company number of SQAT?
- The company number of SQAT is 1005.077.277. The VAT number is the same number with BE in front: BE 1005.077.277.
- Where is SQAT based?
- The registered office is at Rue de Hesbaye 7, 4357 Donceel.Company details
- What does SQAT do?
- According to the KBO register, the main activity is computer programming (NACE 62100).
- What is the legal form of SQAT?
- SQAT is a private limited company (BV).
- When was SQAT founded?
- SQAT was founded on 23-01-2024.
- Is SQAT still active?
- Yes, SQAT is an active enterprise in the KBO register.
- What is the turnover of SQAT?
- The turnover in financial year 2026 is ≈ €740,000. This figure is estimated from the gross margin of €280,524 and 149 comparable companies (NACE 62). It probably lies between €510,000 and €1.2m.Financials
- Is SQAT profitable?
- In financial year 2026, SQAT made a profit of €197,442.
- Where can I find the annual accounts of SQAT?
- SQAT filed 2 annual accounts with the National Bank of Belgium, the latest for financial year 2026.
- When are the next annual accounts of SQAT due?
- SQAT must file the annual accounts for financial year 2027 by 31-01-2028.Timeline
Next steps
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