Equity
€312,632 ▲ 8.9%
SQIT paid out €13,700 in dividends. That is 35% of the 2025 profit.
SQIT
Lifetime
6 annual accounts with figures on one time axispeak €245,701 (2024)
€94,237▼ 61.6%
peak €147,168 (2024)
€39,125▼ 73.4%
peak €312,632 (2025)
€312,632▲ 8.9%
€359,130▲ 2.1%
Board1 name since 2019
1 director
Documentsfilings and deeds
19-06-202642 days before the deadline
2025micro format
Gross margin from €245,701 to €94,237Result from €147,168 to €39,125Dividend €13,700Cash from €225,414 to €134,437
Key points
from the 2025 annual accountsResult
€39,125 ▼ 73.4%
The result fell in 2025 from €147,168 to €39,125.
Turnover
≈ €210,000 estimated
The micro format states no turnover.
Filings
6 annual accounts 1 late
The 2024 accounts came 28 days late. The other five were filed on time.
Starting capital
€5,000 100 shares
Position in the sector
€312,632
More equity than 90% of companies in computer programming and consultancy. Sector median €68,843 · 22,056 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 6,783 companies had the same profile as SQIT has now. Each dot stands for 17 companies, two years later.
96.7%
were still trading
2.7%
stopped another way
0.6%
went bankrupt
Test of the method
The method was tested on the 497,762 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 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
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 6,783 companies, not a prediction for SQIT. 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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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Recent changes
Registered office moved from Steenokkerzeel to Melsbroek
New registered office: Perksesteenweg 26-1820 Melsbroek · Previous registered office: Driesstraat 19-1820 Steenokkerzeel · General meeting of 08-06-2021 · Gazette deed
Incorporation
Founding capital of €5,000, 100 shares · Founder: · Appointment: (director) · published on 18-06-2019 · Gazette deed
First establishment
Perksesteenweg 26, Steenokkerzeel
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| SQIT Steenokkerzeel | €671,762 | €94,237 | 46.5% | - |
| CODOX Scherpenheuvel-Zichem | €702,695 | €90,459 | 27.9% | - |
| hbits Etterbeek | €645,251 | €91,344 | 34.6% | - |
| SQUARE VALLEY Beringen | €601,695 | €88,943 | 33.4% | - |
| PITCHDRIVE Antwerp | €685,973 | €108,141 | 65.1% | 2 |
| COGNITOO Bertem | €629,780 | €115,567 | 31.4% | - |
| Bezef Automation Diest | €518,198 | €120,171 | 57.5% | - |
These companies have the same main activity as SQIT: computer programming (NACE 62100). They are comparable in size and age: total assets between €518,000 and €703,000, founded between 2018 and 2020.
Official details
Source: KBO- Status
- Active since 14-06-2019Normal situation
- Activity
- Computer programmingNACE 62100and 5 others
- Establishment unit
- 2.291.362.2091820 Steenokkerzeel, since 14-06-2019
- Financial year end
- 31 December
- Peppol
- Reachable
Annual accounts 2025
- €671,762▲ 5.1%
- Filing
- Filed on 19-06-2026, 42 days before the end of the filing period
Insights on SQIT
SQIT files the micro format. That format states no turnover. The gross margin rose from €78,292 in 2020 to €94,237 in 2025.
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 SQIT
- What is the company number of SQIT?
- The company number of SQIT is 0728.498.803. The VAT number is the same number with BE in front: BE 0728.498.803.
- Where is SQIT based?
- The registered office is at Perksesteenweg 26, 1820 Steenokkerzeel.Company details
- What does SQIT do?
- According to the KBO register, the main activity is computer programming (NACE 62100).
- What is the legal form of SQIT?
- SQIT is a private limited company (BV).
- When was SQIT founded?
- SQIT was founded on 14-06-2019.
- Is SQIT still active?
- Yes, SQIT is an active enterprise in the KBO register.
- What is the turnover of SQIT?
- The turnover in financial year 2025 is ≈ €210,000. This figure is estimated from the gross margin of €94,237 and 31 comparable companies (NACE 62100). It probably lies between €170,000 and €240,000.Financials
- Is SQIT profitable?
- In financial year 2025, SQIT made a profit of €39,125.
- Where can I find the annual accounts of SQIT?
- SQIT filed 6 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of SQIT due?
- SQIT must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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