SQR TECHNOLOGIES
ActiveSQR TECHNOLOGIES has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €49k and a net result of €-7k. Equity is growing by ~20.7% per year across the filed fiscal years. Its solvency ranks better than 27% of 20785 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2024
57
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability24▲+11
Solvency61▼-8
Growth52=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2.5k at 30 days only on tighter terms
Liquidity ample (current ratio 1.56 against 1.8 in 2023; short-term debt: 64.3% of total assets), but 64.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six 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
Sector 62
lower
← fewer bankruptcies
more bankruptcies →
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 2024Solvency, return and age of the figures
Solvency
35.7%
Return on assets
-5.5%
Age of the figures
21 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024Net result per financial year
18192021222324
2018 to 2024 · latest year €-7k
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 17-02-2026, 201 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
201 d late
2023
566 d late
2022
931 d late
2021
792 d late
2020
240 d late
2019
605 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€49k▼ 13.3%
2023 · €56k
2018: €163
2019: €6k
2020: €40k
2021: €41k
2022: €68k
2023: €56k
2018 → 2024
Total assets
€136k▲ 8.0%
2023 · €126k
2018: €163
2019: €13k
2020: €66k
2021: €72k
2022: €135k
2023: €126k
2018 → 2024
Net result
€-7k▲ 39.3%
2023 · €-12k
2018: €25k
2019: €6k
2020: €34k
2021: €2k
2022: €27k
2023: €-12k
2018 → 2024
Working capital
€49k▼ 13.3%
2023 · €56k
2019: €6k
2020: €40k
2021: €41k
2022: €68k
2023: €56k
2019 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€40k-€41k▲ 4.2%€68k▲ 65.4%€56k▼ 18.0%€49k▼ 13.3%
Operating result€42k-€4k▼ 90.0%€32k▲ 664%€-14k€-15k▼ 1.9%
Net result€34k-€2k▼ 95.1%€27k▲ 1,533%€-12k€-7k▲ 39.3%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €15k in 2024 against €14k in 2023; the loss grows and 2024 has the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Equity and liabilities €136k
Equity
€49k▼ 13.3%
Debt
€87k▲ 25.1%
The debt ratio rises from 55.5% to 64.3%. Equity is lower and debt is higher.
Key figures and ratios
Solvency
35.7%▼
2023 · 44.5%
Current ratio
1.56▼
2023 · 1.80
Quick ratio
1.56▼
2023 · 1.80
Debt / equity
1.80▲
2023 · 1.25
ROE
-15.3%▲
2023 · -21.9%
ROA
-5.5%▲
2023 · -9.7%
Debt
€87k▲
2023 · €70k
Debt ≤ 1 year
€87k▲
2023 · €70k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€126k€136k▲
Current assets29/58€126k€136k▲
Amounts receivable within one year40/41€126k€136k▲
Trade receivables40€2k€7k▲
Other amounts receivable41€124k€129k▲
Equity and liabilities
Total equity and liabilities10/49€126k€136k▲
Equity10/15€56k€49k▼
Contributions10/11€19k€19k=
Outside capital11€19k€19k=
Other1109/19€19k€19k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€36k€28k▼
Amounts payable17/49€70k€87k▲
Amounts payable within one year42/48€70k€87k▲
Financial debts43€26k€24k▼
Credit institutions430/8€26k€24k▼
Trade debts44€33k€52k▲
Suppliers440/4€33k€52k▲
Taxes, remuneration and social security45€11k€11k▲
Taxes450/3€11k€11k▲
Income statement
Code20232024
Other operating charges640/8€397-
Gross operating margin9900€-14k€-15k▼
Operating profit (loss)9901€-14k€-15k▼
Financial income75/76B€6k€7k▲
Recurring financial income75€6k€7k▲
Financial charges65/66B€4k-
Recurring financial charges65€4k-
Profit (loss) for the period before taxes9903€-12k€-7k▲
Profit (loss) for the period9904€-12k€-7k▲
Profit (loss) for the period to be appropriated9905€-12k€-7k▲
Appropriation of the result
Profit (loss) to be appropriated9906€36k€28k▼
Profit (loss) brought forward from the previous period14P€48k€36k▼
The notes to these accounts (2 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2026
17-02
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 201 days late
17-02
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 566 days late
16-02
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 931 days late
2024
30-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 792 days late
2023
31-12
Financial
Weakest financial yearnet €-12k ▼145%
Net result drops to €-12k, the lowest in the series; recovery starts the following year.
2022
28-03
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 240 days late
28-03
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 605 days late
2020
31-12
Financial
Highest result since 2018net €34k ▲491%
Operating result €42k, net result €34k, both a record.
2019
11-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 42 days late
2018
21-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 21 days late
2017
20-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
27-07
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Beersel · 1 establishment unit since 2010
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Danislaan 691650 BeerselGround area
1,795 m²
Building footprint
356 m²
Volume, LiDAR
2,151 m³
2 parcels, Brussels, Flanders · tallest building 11.9 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
SQR TECHNOLOGIES
since 20102.187.451.651
2 parcels
Flanders
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21612C0056/02Z088 | Brussels | 1,650 m² | 1 · 256 m² | 9.0 m · 2 fl. |
| 23003A0224/00V000 | Flanders | 145 m² | 1 · 100 m² | 11.9 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 3,211 companies in sector 62900 we hold annual accounts for 1,741. 1,349 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded16-03-2010
Fiscal year end31-12
Activities, NACEBEL
62900Other information technology and computer services
Sources
Crossroads Bank for EnterprisesNational Bank · 15 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.