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SQUADRA B M

Active
Private limited companyfounded 2021active for 4 yearsKoolmeesstraat 17, 3530 Houthalen-Helchteren, BelgiumKBO/BCE: BE 0779.324.724
Summary

The computed 12-month bankruptcy probability of SQUADRA B M is 5.3% (elevated). The 2025 annual accounts show equity of €70,898 and a net result of €62,398. Equity fluctuates too strongly from year to year to read a trend from it. Its solvency ranks better than 31% of 4,798 sector peers (NACE 56, financial year 2025). The company has been active since 2021 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Official details

Source: KBO
Status
Active since 23-12-2021 Normal situation
Activity
Full-service restaurants NACE 56111and 3 others
Joint committees
302 Paritair Comité voor het hotelbedrijf
201 Paritair Comité voor de zelfstandige kleinhandel · annual accounts 2025
Establishment units
2.332.064.694 3600 Genk, since 15-06-2022
2.342.889.203 3600 Genk, since 20-03-2023
Financial year end
31 December
Peppol
Reachable since 02-12-2025

Board and ownership

Board
  • BURGIO FABIODirector · since 23-12-2021
  • MONTAGNINO DAVIDEDirector · since 23-12-2021
  • Burgio CalogeroDirector · since 01-07-2022
Shareholders

Financial position

38 Weak Checked score 2025
Bankruptcy probabilitywithin 12 months
5.3%
Annual accounts 2025
Gross margin
€728,681
▲ 10.7%
Turnover
≈ €1.7m
estimated
Profit
€62,398
▲ 7.2%
Equity
€70,898
▲ 734%
Total assets
€618,569
▼ 9.7%
Employees on 31-12-2025
17
▼ 19.0%
  • 2025 accounts filed 56 days after the deadline
Filed on 25-09-2026
Score breakdownraises riskSector: Food and beverage service activities (NACE 56)Last filed accounts filed 56 days late; 2 of the last 3 accounts lateFounded in 2021Size: 13.2 FTE, total assets €618,569Show the evidence

Checked score

Score 2025
38 / 100
Weak
Probability in this band: 4.2% to 15.0%
Financially stronger than 55% of small companies in food and beverage service (NACE 56)
Financial strength · tick: 2024
Average
Solvency 36+10
equity 11.5% of total assets
Liquidity 28=
short-term debt 64.7% · cash 9.5%
Profitability 81+4
return on assets 10.1%
Bankruptcy probability within 12 months
5.3% Elevated
0%0.5%1.5%4%10%≥ 25%

About 5 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.9% (1,616 companies, NACE 56, small)
Last 24 months 12-2024: 8.7% 01-2025: 8.7%● unchanged vs 12-2024 02-2025: 8.7%● unchanged vs 01-2025 03-2025: 8.6%▼ -0.1 percentage points vs 02-2025 04-2025: 8.7%▲ +0.1 percentage points vs 03-2025 05-2025: 8.6%▼ -0.1 percentage points vs 04-2025 06-2025: 8.6%● unchanged vs 05-2025 07-2025: 8.7%▲ +0.1 percentage points vs 06-2025 08-2025: 9.5%▲ +0.8 percentage points vs 07-2025highest value 09-2025: 4.5%▼ -5.0 percentage points vs 08-2025 10-2025: 4.5%● unchanged vs 09-2025 11-2025: 4.5%● unchanged vs 10-2025 12-2025: 4.5%● unchanged vs 11-2025 01-2026: 4.5%● unchanged vs 12-2025 02-2026: 4.5%● unchanged vs 01-2026 03-2026: 4.4%▼ -0.1 percentage points vs 02-2026 04-2026: 4.3%▼ -0.1 percentage points vs 03-2026lowest value 05-2026: 4.3%● unchanged vs 04-2026 06-2026: 4.5%▲ +0.2 percentage points vs 05-2026 07-2026: 4.8%▲ +0.3 percentage points vs 06-2026 08-2026: 5.7%▲ +0.9 percentage points vs 07-2026 09-2026: 5.8%▲ +0.1 percentage points vs 08-2026 10-2026: 5.3%▼ -0.5 percentage points vs 09-2026 11-2026: 5.3%● unchanged vs 10-2026
Credit of up to €2,500 on 30-day terms, only on tighter conditions: elevated estimated bankruptcy probability calls for adjusted credit terms
Liquidity is insufficient, with a current ratio of 0.59 (0.54 in 2024), below 1. Short-term debt is 64.7% and cash 9.5% of total assets. 88.5% of the assets are financed with debt and provisions.
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 56, small). It does better than 27% of them on solvency, 19% on liquidity, 73% on profitability and 99% on growth.

The bankruptcy probability was computed on 01-11-2026 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.

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).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
raises risk
raises risk · Sector: Food and beverage service activities (NACE 56)
KBO
raises risk · Last filed accounts filed 56 days late; 2 of the last 3 accounts late
NBB · filings
raises risk · Founded in 2021
Companies of this age fail more often than older ones. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Size: 13.2 FTE, total assets €618,569
Companies of this size fail more often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · 2025 accounts filed 56 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 25-09-2026, 56 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 4 filings
Deviation from the deadline
2025
56 days late
2024
28 days late
2023
68 days late
2022
4 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 4 accounts on average 39 days after the deadline. In the sector (NACE 56), the median for financial year 2024 was 7 days after the deadline, and 53% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 11 September (3 of the last 4 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
02-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: Equity rose in 2025from €8,501 to €70,898 ▲ 734% View
  • Positive: 7th largest company by total assets in Houthalen-Helchteren, Accommodation and food service…in the Checked rankings No. 7 View

Recent changes

  1. · Gazette deed Registered office moved from Genk to Houthalen
  2. · Gazette deed Appointment: Burgio Calogero (bijkomend bestuurder)
  3. · Gazette deed Incorporation
All 9 events

Comparable companies

These companies have the same main activity as SQUADRA B M: full-service restaurants (NACE 56111). They are comparable in size and age: total assets between €562,000 and €723,000, founded between 2021 and 2022.

CompanyTotal assetsGross margin
SQUADRA B M Houthalen-Helchteren€618,569€728,681
MCLT Sombreffe€562,145€717,579
1889 Antwerp Antwerpen€639,971€620,208
Brok 8500 Heuvelland€723,382€654,502
Bouwelhoeve Grobbendonk€588,620€819,890
Coin Des Copains Zedelgem€653,914€909,405
QING-WEI Antwerpen€570,418€582,995
Full comparison

Key facts about SQUADRA B M

What is the company number of SQUADRA B M?
The company number of SQUADRA B M is 0779.324.724. The VAT number is the same number with BE in front: BE 0779.324.724.
Where is SQUADRA B M based?
The registered office is at Koolmeesstraat 17, 3530 Houthalen-Helchteren.Company details
What does SQUADRA B M do?
According to the KBO register, the main activity is full-service restaurants (NACE 56111).
What is the legal form of SQUADRA B M?
The legal form of SQUADRA B M is Private limited company (BV).
When was SQUADRA B M founded?
SQUADRA B M was founded on 23-12-2021.
Is SQUADRA B M still active?
Yes, SQUADRA B M is an active enterprise in the KBO register.
How many employees does SQUADRA B M have?
SQUADRA B M had an average of 13.2 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does SQUADRA B M fall under?
In its 2025 annual accounts, SQUADRA B M states joint committees 302 (Paritair Comité voor het hotelbedrijf) and 201 (Paritair Comité voor de zelfstandige kleinhandel).
What is the turnover of SQUADRA B M?
The turnover in financial year 2025 is ≈ €1.7m. This figure is estimated from the gross margin of €728,681 and 43 comparable companies (NACE 56111). It probably lies between €1.6m and €2.4m.
Is SQUADRA B M profitable?
In financial year 2025, SQUADRA B M made a profit of €62,398.
Where can I find the annual accounts of SQUADRA B M?
SQUADRA B M filed 4 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of SQUADRA B M due?
SQUADRA B M must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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