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SQAT

Active
Private limited companyfounded 20242 yrs activeRue de Hesbaye 7, 4357 Donceel, BelgiumKBO/BCE: BE 1005.077.277
Summary

SQAT has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €253k and a net result of €251k. Its solvency ranks better than 66% of 1424 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).

Checked score

Score 2025
Axes
Profitability100
Solvency80
Growth-
Track record67
Bankruptcy probability, 12 months
0.5% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €21k at 30 days only on tighter terms
Liquidity ample (current ratio 1.87; short-term debt: 45.2% and cash: 79.8% of total assets), and 45.2% of the assets are financed with debt.
Credit check for your own amount and term

Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Computer programming, consultancy and related activities (NACE 62)
about 64% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 2 years 0 10 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
54.8%
Return on assets
54.3%
Age of the figures
15 mo
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 02-12-2025, 60 days ahead of the deadline.
NBB · 1 filing
Deviation from the deadline
2025
60 d early
← before the deadline after the deadline →
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

Financials · fiscal year 2025, full schema

Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€251k
Working capital
€181k
Balance-sheet composition
Assets €463k
Fixed assets €72k
Current assets €390k
Equity and liabilities €463k
Equity €253k
Debt €209k
Debt finances 45.2% of the balance-sheet total.
Key figures and ratios
2025 value
EBITDA
€362k
Cash flow
€279k
Current ratio
1.87
Debt to equity
0.83
ROE
99.2%
ROA
54.3%
Interest coverage
79.06
Debt ≤ 1 year
€209k
Income taxes
€78k
Filed annual accounts As filed with the NBB · 2025 · 34 lines
Balance sheet Code2025
Assets
Total assets20/58€463k
Fixed assets21/28€72k
Tangible fixed assets22/27€72k
Furniture and vehicles24€72k
Current assets29/58€390k
Amounts receivable within one year40/41€21k
Trade receivables40€21k
Cash at bank and in hand54/58€369k
Deferred charges and accrued income490/1€309
Equity and liabilities
Total equity and liabilities10/49€463k
Equity10/15€253k
Contributions10/11€2k
Profit (loss) carried forward14€251k
Amounts payable17/49€209k
Amounts payable within one year42/48€209k
Trade debts44€870
Suppliers440/4€870
Taxes, remuneration and social security45€100k
Taxes450/3€100k
Other amounts payable47/48€108k
Accrued charges and deferred income492/3€30
Income statement Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€28k
Other operating charges640/8€11k
Gross operating margin9900€372k
Operating profit (loss)9901€334k
Financial income75/76B€1
Recurring financial income75€1
Financial charges65/66B€5k
Recurring financial charges65€5k
Profit (loss) for the period before taxes9903€329k
Income taxes67/77€78k
Profit (loss) for the period9904€251k
Profit (loss) for the period to be appropriated9905€251k
Appropriation of the result
Profit (loss) to be appropriated9906€251k

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Accounts by statement
Line2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€28k
Other operating charges640/8€11k
Gross operating margin9900€372k
Operating profit (loss)9901€334k
Financial income75/76B€1
Recurring financial income75€1
Financial charges65/66B€5k
Recurring financial charges65€5k
Profit (loss) for the period before taxes9903€329k
Income taxes67/77€78k
Profit (loss) for the period9904€251k
Profit (loss) for the period to be appropriated9905€251k
Line2025
Assets
Total assets20/58€463k
Fixed assets21/28€72k
Tangible fixed assets22/27€72k
Furniture and vehicles24€72k
Current assets29/58€390k
Amounts receivable within one year40/41€21k
Trade receivables40€21k
Cash at bank and in hand54/58€369k
Deferred charges and accrued income490/1€309
Equity and liabilities
Total equity and liabilities10/49€463k
Equity10/15€253k
Contributions10/11€2k
Profit (loss) carried forward14€251k
Amounts payable17/49€209k
Amounts payable within one year42/48€209k
Trade debts44€870
Suppliers440/4€870
Taxes, remuneration and social security45€100k
Taxes450/3€100k
Other amounts payable47/48€108k
Accrued charges and deferred income492/3€30
Line2025
Profit (loss) for the period9904€251k
+ Depreciation and write-downs630€28k
Operating cash flow (approximation)€279k

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2025
02-12
NBB filing Annual accounts filed
fiscal year 2025 · full schema
NBB filing

Directors · office · real estate

Directors
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
Location & real-estate footprint
Registered office, Donceel · 1 establishment unit since 2024
seat establishment The establishment unit on the map
Ground area
2,951 m²
Building footprint
173 m²
Volume, LiDAR
1,991 m³
Parcel 64046A0600/00S000, Wallonia · tallest building 13.8 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
SQAT
Rue de Hesbaye 7, 4357 DonceelGeneral electrical installation work
since 20242.355.110.411
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
64046A0600/00S000 Wallonia 2,951 m² 1 · 173 m² 13.8 m · 4 fl.
Linked by address, not proof of ownership
Good to know
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

Of 16,901 companies in sector 62100 we hold annual accounts for 8,772. 6,369 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded23-01-2024
Fiscal year end30-06
Activities, NACEBEL 2025
62100Computer programming
62200Computer consultancy and computer facilities management
63100Computing infrastructure, data processing, hosting and related activities
Contact
E-mail stephane.quirin.pro@gmail.com

Scores and ratios are computed by Checked and are not a credit decision.