Losses
-€19,686 in two years
The 2023 and 2024 financial years closed with a loss. 2023 was the heaviest.
SQR TECHNOLOGIES
Lifetime
15 annual accounts with figures on one time axispeak €42,284 (2020)
-€14,687▼ €668
lowest -€24,580 (2015)
-€7,437▲ €4,812
peak €68,210 (2022)
€48,525▼ 13.3%
€87,420▲ 25.1%
Board3 names since 2010
1 directorRenaud Larsen
Documentsfilings and deeds
17-02-2026201 days late
2024micro format
Loss of €7,437Equity from €55,962 to €48,525Debts from €69,891 to €87,420
Key points
from the 2024 annual accountsFilings
15 annual accounts 102 days past the deadline
2025 accounts not filed: deadline was 31-07-2026.
Position in the sector
-€7,437
Lower net result than 89% of companies in computer programming and consultancy. Sector median €27,605 · 20,539 companies.
Turnover not published (micro format)
Checked score
47
Fair
Financially stronger than 22% of micro companies in computer programming and consultancy (NACE 62)
Probability in this band: 1.5% to 4.2%
Bankruptcy probability within 12 months
4.3% Elevated
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 25,933 companies (NACE 62, micro).
About 4 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 9.4%
01-2025: 9.4%● unchanged vs 12-2024
02-2025: 9.4%● unchanged vs 01-2025
03-2025: 9.4%● unchanged vs 02-2025
04-2025: 9.4%● unchanged vs 03-2025
05-2025: 9.4%● unchanged vs 04-2025
06-2025: 9.4%● unchanged vs 05-2025
07-2025: 9.5%▲ +0.1 percentage points vs 06-2025highest value
08-2025: 9.1%▼ -0.4 percentage points vs 07-2025
09-2025: 9.1%● unchanged vs 08-2025
10-2025: 9.1%● unchanged vs 09-2025
11-2025: 8.9%▼ -0.2 percentage points vs 10-2025
12-2025: 8.9%● unchanged vs 11-2025
01-2026: 8.9%● unchanged vs 12-2025
02-2026: 8.9%● unchanged vs 01-2026
03-2026: 3.3%▼ -5.6 percentage points vs 02-2026
04-2026: 3.3%● unchanged vs 03-2026
05-2026: 3.2%▼ -0.1 percentage points vs 04-2026
06-2026: 3.1%▼ -0.1 percentage points vs 05-2026
07-2026: 2.9%▼ -0.2 percentage points vs 06-2026lowest value
08-2026: 3.8%▲ +0.9 percentage points vs 07-2026
09-2026: 3.9%▲ +0.1 percentage points vs 08-2026
10-2026: 4.3%▲ +0.4 percentage points vs 09-2026
11-2026: 4.3%● unchanged vs 10-2026
Financial strengthWeak
Score breakdown
raises risk
1 financial year not filed after the legal deadline; last filed accounts filed 201 days late; 3 of the last 3 accounts late
Liquidity: current ratio 1.56
Figures for financial year 2024 (filed on 24-02-2026)
lowers risk
Founded in 2010
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 62, micro). It does better than 33% of them on solvency, 12% on liquidity, 16% on profitability and 29% on growth.
The bankruptcy probability was computed on 10-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2024.
Of the companies with a bankruptcy probability in the elevated class on 30-06-2025, 6.3% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 6,908 companies had the same profile as SQR TECHNOLOGIES has now. Each dot stands for 18 companies, two years later.
90.8%
were still trading
7.8%
stopped another way
1.1%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of SQR TECHNOLOGIES itself is higher: 4.3% within 12 months. It rests on far more data about SQR TECHNOLOGIES than the profile alone.
Test of the method
The method was tested on the 497,447 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 6,908 companies, not a prediction for SQR TECHNOLOGIES. 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
Credit of up to €2,000 on 30-day terms, only on tighter conditions: elevated estimated bankruptcy probability calls for adjusted credit terms
Liquidity is ample, with a current ratio of 1.56 (1.8 in 2023), above the usual 1.5. Short-term debt is 64.3% of total assets. However, 64.3% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Seven signals.
lowers riskraises risk
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 -€7,437
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 102 days later.
NBB · 10 filingsPosition against the passed deadline
31-12-2025 year end31-07-2026 deadline10-11-2026 today
raises risk · 2024 accounts filed 201 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: of the companies more than 90 days late, 5.61% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers.
NBB · 10 filingsDeviation from the deadline
2025
not filed
2024
201 days late
2023
566 days late
2022
931 days late
2021
792 days late
2020
240 days late
2019
605 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 6 accounts on average 556 days after the deadline. In the sector (NACE 62), the median for financial year 2024 was 9 days before the deadline, and 33% of those companies filed late.
Searched, nothing found (1)
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0823974220
Registered office moved from Brussels to Beersel
New registered office: Danislaan 69, 1650 Beersel · Previous registered office: Avenue Beau Séjour 39 à 1180 Bruxelles · Resignations: Niet Julien (manager) and Lamoureux Louis-Philippe (manager) · General meeting of 04-12-2018 · Gazette deed
Incorporation
published on 26-03-2010 · Gazette deed
First establishment
Schoon Verblijflaan 39, Uccle
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| SQR TECHNOLOGIES Beersel | €135,945 | -€14,687 | 35.7% | - |
| FlatTurtle Zaventem | €150,372 | -€26,114 | 8.2% | - |
| JOMIT Deinze | €143,030 | -€1,684 | 81.3% | - |
| MIBELSFA Nivelles | €109,741 | -€7,114 | 35.2% | - |
| The Beaumont Holding Machelen (Brab.) | €108,588 | -€23,865 | 36.5% | - |
| Sumerion Overijse | €212,782 | -€4,998 | -65.2% | - |
| Namic Bierbeek | €82,772 | -€1,789 | 62.7% | - |
These companies have the same main activity as SQR TECHNOLOGIES: other information technology and computer services (NACE 62900). They are comparable in size and age: total assets between €82,800 and €213,000, founded between 2008 and 2012.
Official details
Source: KBO- Status
- Active since 16-03-2010Normal situation
- Activity
- Other information technology and computer servicesNACE 62900
- Establishment unit
- 2.187.451.6511180 Uccle, since 16-03-2010
- Financial year end
- 31 December
- Peppol
- Reachable since 11-12-2025
Insights on SQR TECHNOLOGIES
SQR TECHNOLOGIES files the micro format. That format states no turnover. The gross margin fell from -€4,716 in 2010 to -€14,687 in 2024.
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 SQR TECHNOLOGIES
- What is the company number of SQR TECHNOLOGIES?
- The company number of SQR TECHNOLOGIES is 0823.974.220. The VAT number is the same number with BE in front: BE 0823.974.220.
- Where is SQR TECHNOLOGIES based?
- The registered office is at Danislaan 69, 1650 Beersel.Company details
- What does SQR TECHNOLOGIES do?
- According to the KBO register, the main activity is other information technology and computer services (NACE 62900).
- What is the legal form of SQR TECHNOLOGIES?
- SQR TECHNOLOGIES is a private limited company (pre-2019) (BVBA).
- When was SQR TECHNOLOGIES founded?
- SQR TECHNOLOGIES was founded on 16-03-2010.
- Is SQR TECHNOLOGIES still active?
- Yes, SQR TECHNOLOGIES is an active enterprise in the KBO register.
- What is the turnover of SQR TECHNOLOGIES?
- The annual accounts for financial year 2024 state no turnover. The micro format does not require it.Financials
- Is SQR TECHNOLOGIES profitable?
- In financial year 2024, SQR TECHNOLOGIES made a loss of €7,437.
- Where can I find the annual accounts of SQR TECHNOLOGIES?
- SQR TECHNOLOGIES filed 15 annual accounts with the National Bank of Belgium, the latest for financial year 2024.
Next steps
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