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Complete company report
Generated 02-08-2026
Active BE 1005.077.277Private limited company

SQAT

Rue de Hesbaye 7 ·4357 Donceel, Belgium· 2 yrs active
Sector: Computer programming & consultancy (62100)
Conclusion Checked

The computed 12-month bankruptcy probability of SQAT is 0.5% (very low). The 2025 annual accounts show equity of €253k and a net result of €251k. Its solvency ranks better than 58% of 91 sector peers (fiscal year 2025). The company has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 1 annual account.
Key figures
Equity €253k
Net result €251k
Better than sector 58%
Active 2 yrs
Snowflake analysis 5 axes · computed by Checked
Health93Profitability100Solvency94Growth50Stability67
81 / 100

Exceptional profile, strong across almost every axis.

Health 93
Profitability 100
Solvency 94
Growth 50
Stability 67
Bankruptcy probability (12 mo) Checked model v1 · free
0.5% Very low
0%0,5%1,5%4%10%≥25%
Lower-failure-rate sector −Young company +Annual accounts: healthy financial profile −

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Risk Assessment rule-based
0 / 100
Low risk
Trust signals 3 signals
Young company
Founded in 2024, under 3 years, statistically higher risk.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad.
Administratively compliant
No FOD Economie strikeouts (UBO, accounts, address, activity).
Administrative Flags 0 events
No administrative flags
Health barometer FY 2025 · computed
93 / 100 Excellent
050100

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Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative, not credit advice.
Financial overview1 NBB filings
Annual accounts filed on 02-12-2025 with the NBB · fiscal year 2025 · volledig
Sector comparison
Fiscal year 2025 · NACE 62, Computer programming & consultancy · compared within the same schema type (full schema)
Metric This company Sector median Position in the sector
Solvency 54.8% 48.3%
better than 58% of 91 sector peers
Net result €251k €42k
better than 89% of 91 sector peers
Equity €253k €90k
better than 71% of 91 sector peers
Gross operating margin €372k €74k
better than 88% of 77 sector peers
Total assets €463k €246k
better than 63% of 91 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
Fiscal year2025
Revenue-
EBITDA€362k
Net profit€251k
Cash flow€279k
Staff costs-
Income taxes€78k
Dividends-
Total assets€463k
Equity€253k
Debt€209k
of which ≤ 1y€209k
of which > 1y-
Working capital€181k
Employees (FTE)-
Ratios (computed)
2025
Current ratio1.87
Quick ratio1.87
Working capital ratio39.2%
Solvency54.8%
Debt / equity0.83
Long-term debt ratio-
Interest coverage79.06
Gross margin-
Net margin-
ROA54.3%
ROE99.2%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2025
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2025
Balance sheet, Assets
TOTAL ASSETS 20/58€463k
Fixed assets 21/28€72k
Tangible fixed assets 22/27€72k
Current assets 29/58€390k
Amounts receivable within one year 40/41€21k
Cash & bank 54/58€369k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€463k
Equity 10/15€253k
Contributions / capital 10/11€2k
Accumulated profits (losses) 14€251k
Amounts payable 17/49€209k
Amounts payable within one year 42/48€209k
Trade debts payable within one year 44€870
Income statement
Gross operating margin 9900€372k
Operating result 9901€334k
Financial income 75€1
Financial charges 65€5k
Result before taxes 9903€329k
Income taxes 67/77€78k
Net result for the period 9904€251k
Result to be appropriated 9905€251k
Ratios computed by Checked.
Legal Structure
NACE primary Computer programming & consultancy(62100)
Legal form Private limited company(610)
Incorporation23-01-2024
StatusActive
Postal code4357
Establishment units 1 location
SQAT
Rue de Hesbaye 7, 4357 DonceelInstallatie van de bedrading voor telefooninstallaties en computersystemen
since 20242.355.110.411
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Real-estate footprint Source: CBE × cadastre

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
64046A0600/00S000 Wallonia 2,951 m² 1 · 173 m² 13.8 m · 4 fl.
Methodology
via registered seat: 1
1 of 1 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Updates 2 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2025
02-12-2025
NBB filing Annual accounts filed
fiscal year 2025 · volledig
2024
25-01-2024
State Gazette act Minor change
other · Catherine HATERT
Belgisch Staatsblad, acts 1 acts
All acts · 1 updated 2 years ago
2024
25-01-2024 Publication in the Belgian Official Gazette, Minor change Minor change·Catherine HATERT
Summary: otherNotary: Catherine HATERT · Saint-Josse-ten-Noode
Technical details 
{
  "notary": {
    "name": "Catherine HATERT",
    "firm_city": null,
    "firm_name": null,
    "office_city": "Saint-Josse-ten-Noode",
    "is_associated": false
  },
  "act_meta": {
    "language": "nl",
    "pub_date": "2024-01-25",
    "filing_date": "2024-01-23",
    "act_kind_objet": "CONSTITUTION"
  },
  "decision": {
    "body": "notarieel_alleen",
    "date": "2024-01-19",
    "unanimous": true
  },
  "agm_change": null,
  "detected_kind": "other",
  "other_address": null,
  "mandate_renewal": null,
  "subject_company": {
    "kbo": "1005.077.277",
    "name_full": "SQAT",
    "legal_form": "SRL"
  },
  "accounts_deposit": null,
  "publication_proxy": {
    "kind": "none",
    "org_kbo": null,
    "org_name": null,
    "person_name": null,
    "org_rep_person_name": null
  },
  "co_filed_documents": [
    "statuts"
  ],
  "fiscal_year_change": null,
  "liquidation_closure": null,
  "officer_designation": null,
  "special_procuration": null,
  "is_volet_a_only_stub": false,
  "vakbekwaamheid_change": null,
  "should_reroute_to_category": null,
  "single_shareholder_declaration": null
}
Credit advice verdict per customer and amount

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Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.
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Company registry (CBE) Crossroads Bank
Activities
Ontwerpen en programmeren van computerprogramma's62010Ontwerpen van computerprogramma’s62100Computerconsultancy-activiteiten62020Activiteiten op het gebied van computerconsultancy en beheer van computerfaciliteiten62200Computerinfrastructuur, gegevensverwerking, hosting en aanverwante activiteiten63100Gegevensverwerking, webhosting en aanverwante activiteiten63110
Primary activity highlighted.
Names & trade names
Legal nameFR SQAT
Registered office
Rue de Hesbaye 7
4357 Donceel, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.
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STONEFIELD INFORMATICS BE 0431.968.318 · Sint-Martens-Latem
PHILIPPE MES CONSULTING BE 0451.621.112 · Oud-Turnhout
Source: Belgian State Gazette, CBE, NBB · generated via checked.be · indicative