Skip to content

SQUADRA SOFTWARE

Active Private limited companyfounded 2021active for 5 yearsEdouard Lacomblélaan 22, 1040 EtterbeekKBO/BCE: BE 0771.844.935

Overview

Lifetime

4 annual accounts with figures on one time axis
peak €376,810 (2023)
€227,019▼ 26.1%
lowest -€18,219 (2022)
€3,094▼ 79.1%
peak €49,954 (2025)
€49,954▲ 6.6%
€424,099▲ 96.6%
Board2 names since 2021
Documentsfilings and deeds
31-07-2026on the last day
2025micro format
Gross margin from €307,102 to €227,019Result from €14,786 to €3,094Debts from €215,672 to €424,099Investments €190,586

Key points

from the 2025 annual accounts

Turnover

≈ €350,000 estimated

The accounts state no turnover.

Debts

€424,099 89% of the balance sheet
Financial debts 83%Suppliers 9%Taxes and wages 7%

Of this, €69,636 falls due within a year.

Investments

€190,586 12.1 × depreciation
2022202320242025

Green is investment, beige is depreciation.

Liquidity

1.14 was 0.70 in 2024

Short-term debts rose from €61,209 to €69,636.

Filings

4 annual accounts 2 late
AprilJune31 JulyOctober2022202320242025

The 2022 accounts came latest: 21 days after the end of the period.

Position in the sector

10.5%

Lower solvency than 85% of companies in computer programming and consultancy. Sector median 60.0% · 21,208 companies.

Checked score

89
Excellent
Financially stronger than 33% of micro companies in computer programming and consultancy (NACE 62)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.1% Very low
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 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 0.2%highest value 01-2025: 0.2%● unchanged vs 12-2024highest value 02-2025: 0.2%● unchanged vs 01-2025 03-2025: 0.2%● unchanged vs 02-2025 04-2025: 0.2%● unchanged vs 03-2025 05-2025: 0.2%● unchanged vs 04-2025 06-2025: 0.2%● unchanged vs 05-2025 07-2025: 0.2%● unchanged vs 06-2025 08-2025: 0.1%▼ -0.1 percentage points vs 07-2025lowest value 09-2025: 0.1%● unchanged vs 08-2025lowest value 10-2025: 0.1%● unchanged vs 09-2025lowest value 11-2025: 0.1%● unchanged vs 10-2025lowest value 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026 07-2026: 0.1%● unchanged vs 06-2026 08-2026: 0.2%▲ +0.1 percentage points vs 07-2026 09-2026: 0.2%● unchanged vs 08-2026 10-2026: 0.1%▼ -0.1 percentage points vs 09-2026 11-2026: 0.1%● unchanged vs 10-2026

Financial strength
Average

36-7equity 10.5% of total assets
59-1short-term debt 14.7% · cash 9.5%
47-29return on assets 0.7%

Score breakdown

raises risk
Equity €49,954 (10.5% of total assets)
lowers risk
Sector: Computer programming, consultancy and related activities (NACE 62)
Size: total assets €474,053
Figures for financial year 2025 (filed on 01-08-2026)
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 16% of them on solvency, 42% on liquidity, 20% on profitability and 52% 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 31-12-2025.

Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% 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, 2,372 companies had the same profile as SQUADRA SOFTWARE has now. Each dot stands for 6 companies, two years later.

96.6%
were still trading
1.4%
stopped another way
1.8%
went bankrupt
  • Small
  • 5 to 10 years old
  • solvency 10 to 30%
  • a profit under 5% of the balance sheet

Another 0.1% stopped without a precise date, possibly only after those two years.

The bankruptcy probability of SQUADRA SOFTWARE itself is lower: 0.1% within 12 months. It rests on far more data about SQUADRA SOFTWARE than the profile alone.

Test of the method

The method was tested on the 497,448 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.

The companies in ten equal groups, from the lowest to the highest expected share
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 2,372 companies, not a prediction for SQUADRA SOFTWARE. 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 €4,000 on 30-day terms is acceptable

Liquidity is tight, with a current ratio of 1.14 (0.7 in 2024), below the usual 1.5. Short-term debt is 14.7% and cash 9.5% of total assets. 89.5% 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

Six signals.
lowers riskraises riskneutral
lowers risk · Sector: Computer programming, consultancy and related activities (NACE 62)
KBO
lowers risk · Size: total assets €474,053
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Equity €49,954 (10.5% of total assets)
NBB · annual accounts
lowers risk · Figures for financial year 2025 (filed on 01-08-2026)
NBB · annual accounts
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 15% of 21208 sector peers (2025).
NBB · sector comparison
Position among 21208 sector peers
Solvency
better than 15%
← weakest strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-07-2026, 0 days ahead of the deadline.
NBB · 4 filings
Deviation from the deadline
2025
on the day
2024
3 days early
2023
16 days late
2022
21 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 9 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 (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 9 August (4 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
11-11-2026 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

Board and ownership

  • JAUFFRET Stéphane Patrick Jean Mariedeed of 08-09-2022
  • TIEMBLO Alaindeed of 08-09-2022
  • LEGRAND Valérie Christiane Marc 356 sharesdeed of 08-09-2022
and 6 other shareholdersBoard & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0771844935
Capital increase of €33,333.33 500 new shares · Contributions: JAUFFRET Stéphane Patrick Jean Marie (€8,333.33); TIEMBLO Alain (€25,000) · JAUFFRET Stéphane Patrick Jean Marie holds 379 shares · General meeting of 01-09-2022 · Gazette deed
Incorporation Founding capital of €2,000, 2,000 shares · Founders: JAUFFRET Stéphane Patrick Jean Marie and LEGRAND Valérie Christiane Marc · Appointments: JAUFFRET Stéphane Patrick Jean Marie (director) and LEGRAND Valérie Christiane Marc (director) · published on 02-08-2021 · Gazette deed
First establishment Edouard Lacomblélaan 22, Etterbeek
All 9 events

Comparable companies

same main activity, similar in size and age
Company
SQUADRA SOFTWARE Etterbeek €474,053 €227,019 10.5% -
Revisit Linkebeek €493,266 €234,513 77.6% -
Performant Ranst €505,679 €234,656 61.0% -
ECCE.FI Aalst €442,349 €203,215 18.9% -
InnoGrit Lievegem €466,114 €240,523 84.9% -
CoopHub.EU Arlon €496,288 €241,855 84.6% -
LG-P+ Knokke-Heist €497,293 €191,641 95.0% -

These companies have the same main activity as SQUADRA SOFTWARE: computer consultancy and computer facilities management (NACE 62200). They are comparable in size and age: total assets between €442,000 and €506,000, founded between 2020 and 2022.

Official details

Source: KBO
Status
Active since 29-07-2021Normal situation
Activity
Computer consultancy and computer facilities managementNACE 62200and 4 others
Establishment unit
2.320.835.5591040 Etterbeek, since 29-07-2021
Financial year end
31 December
Peppol
Reachable since 17-11-2025
Company details

Annual accounts 2025

€227,019▼ 26.1%
€3,094▼ 79.1%
€49,954▲ 6.6%
€474,053▲ 80.6%
Filing
Filed on 31-07-2026, on the last day of the filing period
Financials

Insights on SQUADRA SOFTWARE

SQUADRA SOFTWARE files the micro format. That format states no turnover. The gross margin fell from €289,938 in 2022 to €227,019 in 2025.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette.

Financials

Annual accounts 2025

micro format, filed on 31-07-2026, on the day of the deadline
€227,019
▼ 26.1%
€11,259
▼ 41.6%
€3,094
▼ 79.1%
€9,745
▲ €28,256
10.5%
▼ 7.3 percentage points
1.14
▲ 0.44

The turnover shown is an estimate from the gross margin.

Turnover ≈ €350,000. Estimated: probably between €320,000 and €440,000.

Balance sheet

balance sheet total €474,053 on 31-12-2025
What the company ownsHow it is paid for

in euro

in euro

Position in the sector

10.5%

Higher than 15% of 21,208 companies in 2025.

1.14

Higher than 23% of 20,571 companies in 2025.

0.7%

Higher than 18% of 20,746 companies in 2025.

SQUADRA SOFTWARE Middle half of the sector 80% of the sector Micro accounts in computer programming and consultancy (NACE 62)

Net result: bottom quarter · Equity: middle half · Balance sheet total: top quarter · Working capital: middle half

Staff

Staff costs divided by the average number of full-time equivalents.

people who joined people who left

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend2025202420232022
Balance sheet: assets
20/58 474,053262,532181,34197,893
20 000-
21/28 394,672219,83476,44045,251
21 390,182213,27267,46242,175
22/27 1,4143,4855,902-
24 1,4143,4855,902-
28 3,0763,0763,0763,076
29/58 79,38142,698104,90152,643
40/41 34,2733,46483,24850,811
40 33,972081,80250,193
41 3013,4641,446619
54/58 45,10739,23520,9621,758
490/1 -069174
Balance sheet: equity and liabilities
10/49 474,053262,532181,34197,893
10/15 49,95446,86032,07417,114
10/11 35,33335,33335,33335,333
14 14,62111,527-3,259-18,219
17/49 424,099215,672149,26780,779
17 352,463152,463--
170/4 352,463152,463--
42/48 69,63661,209149,26780,779
44 37,88629,45943,11444,762
440/4 37,88629,45943,11444,762
45 31,75031,750106,15336,017
450/3 1,8701,87022,820-
454/9 29,88029,88083,33436,017
47/48 00--
492/3 2,0002,000--
Income statement
9900 227,019307,102376,810289,938
62 198,094266,986358,681304,320
630 15,74718,4601,1602,948
640/8 1,9192,387384748
9901 11,25919,26716,584-18,079
65/66B 8,1652,56684140
65 8,1652,56684140
9903 3,09416,70116,500-18,219
67/77 -01,9151,540-
9904 3,09414,78614,960-18,219
9905 3,09414,78614,960-18,219
Appropriation of the result
9906 14,62111,527-3,259-18,219
14P 11,527-3,259-18,219-
Social balance sheet
9087 ---5.2
Hours worked1013 ---9,556
Document PDFPDFPDFPDF

The notes to these accounts have 13 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Source: Annual accounts 2025 at the NBB, filed on 31-07-2026.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank
Financial year Type Filed Reference Document
31-12-2025 micro format 31-07-2026 2026-00367697 PDF
31-12-2024 micro format 28-07-2025 2025-00316358 PDF
31-12-2023 micro format 16-08-2024 2024-00347275 PDF
31-12-2022 full format 21-08-2023 2023-00342599 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend2025202420232022
27,00637,72817,744-15,130
18,84233,24616,120-15,271
190,586161,85470,53148,199
5,87318,27219,204-
9,745-18,511-44,366-28,136
10.5%17.8%17.7%17.5%
1.140.700.700.65
8.494.604.654.72
6.2%31.6%46.6%-106.5%
0.7%5.6%8.2%-18.6%
3.3114.70over 100-107.86

EBIT margin: not included in this filing.

A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.

Social balance sheet

Item31-12-2022
Employees at the balance-sheet date6
full-time5
part-time1
in full-time equivalents5.5
5.2
On a permanent contract6
Joined4
Left0

Source: social balance sheet in the 2022 annual accounts

Investments

fixed assets acquired
Item2025202420232022
Tangible fixed assets€0€0€6,214-
Intangible fixed assets€190,586€161,854€64,317€45,123
Financial fixed assets---€3,076
€15,747€18,460€1,160€2,948

Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)

Insights on SQUADRA SOFTWARE

The operating result for 2025 is 42% lower than in 2024 and the lowest since 2022.

Debt's share of the balance-sheet total rises from 82.2% to 89.5%. Equity and debt are higher.

Board & ownership

Board

2 directors, since incorporation
Director (not named in the articles)
appointed by deed of 02-08-2021 term without a fixed end
listed in the 2025 annual accounts, filed on 31-07-2026
Director (not named in the articles)
appointed by deed of 02-08-2021 term without a fixed end
listed in the 2025 annual accounts, filed on 31-07-2026

Office holders in the KBO →

Mandates through the years

2 names, the dashed line is today
JAUFFRET Stéphane Patrick Jean Marie
Director (not named in the articles)
LEGRAND Valérie Christiane Marc
Director (not named in the articles)
Board
Mandates as a list
  • JAUFFRET Stéphane Patrick Jean Marie
    • Director (not named in the articles), from 29-07-2021 to date
  • LEGRAND Valérie Christiane Marc
    • Director (not named in the articles), from 29-07-2021 to date

See the board, name and registered office on a given date →

Control

Shareholders
and 5 others
This company
SQUADRA SOFTWARE
Equity €49,954
Profit €3,094 in 2025

Capital

Contribution
€35,333.33
Shares
2,500 in the deed of 02-08-2021 and 1 later capital increase
Contribution per share
€14.13
Equity per share
€19.98 in 2025
Source
deed of 02-08-2021 and 1 later capital increase

Articles of association

deed of 02-08-2021 (in French)
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
Statutory auditorA statutory auditor is a registered auditor who checks the annual accounts. Small companies need not have one. According to the deed, the legal criteria do not require one here.
No statutory auditor

Shareholders

After the capital increase deed of 08-09-2022 ↗
Stated in the deed deed of 08-09-2022 ↗
At incorporation deed of 02-08-2021 ↗

Capital transactions

Capital over time
  1. 08-09-2022 Capital increase of €33,333.33 · 500 new shares · in cash
  2. 02-08-2021 Incorporation · €2,000 · 2,000 shares

Network & group

No group

SQUADRA SOFTWARE has no parent and no holdings in its annual accounts. SQUADRA SOFTWARE shares no director with another company.

At the same address

Edouard Lacomblélaan 22, 1040 Etterbeek · 1 other company
JL CONSEIL
registered office since 01-07-2016 · founded in 2016
total assets €101,134 (2025)
0654.770.487

Timeline

Timeline

9 events since 2021

Deadline for the 2026 accounts: 31-07-2027

2026
Annual accounts 2025 filed NBBmicro format · on the deadline day
2025
Registered in the Peppol Directory Reachable for e-invoices through 0208:0771844935
Annual accounts 2024 filed PDFmicro format · 3 days before the deadline
2024
Annual accounts 2023 filed PDFmicro format · 16 days late
2023
Back to profit net €14,960 The net result is €14,960, after one loss-making year.
Annual accounts 2022 filed PDFfull format · 21 days late
2022
Capital increase of €33,333.33500 new shares · Contributions: JAUFFRET Stéphane Patrick Jean Marie (€8,333.33); TIEMBLO Alain (€25,000) · JAUFFRET Stéphane Patrick Jean Marie holds 379 shares · General meeting of 01-09-202215 points ▸
  • General meeting, 01-09-2022
  • JAUFFRET Stéphane Patrick Jean Marie holds 379 shares
  • LEGRAND Valérie Christiane Marc holds 356 shares
  • Financière de Sauzon holds 89 shares
  • HUET (épouse POUPINEL) Pascaline holds 27 shares
  • Continental Trust Company holds 1,091 shares
  • GALLAND de LONGUERUE Benjamin holds 44 shares
  • LATIL Guillaume holds 13 shares
  • SELLERMANIA holds 1 share
  • 2,000 shares
  • Amendment of the articles, article 5, mentioned twice in the deed
  • Capital contribution, €8,333.33
  • Capital contribution, €25,000
  • Capital, €35,333.33
  • Capital increase, €33,333.33
  • The deed holds 13 more points.

Open the deed in the Belgian Official Gazette

2021
IncorporationFounding capital of €2,000, 2,000 shares · Founders: JAUFFRET Stéphane Patrick Jean Marie and LEGRAND Valérie Christiane Marc · Appointments: JAUFFRET Stéphane Patrick Jean Marie (director) and LEGRAND Valérie Christiane Marc (director) · published on 02-08-20217 points ▸

Open the deed in the Belgian Official Gazette

First establishment Edouard Lacomblélaan 22, Etterbeek

Financial milestones sit on the financial year-end date, not the filing date.

Sources: Publications in the Belgian Official GazetteFilings with the National Bank

History

On 29 July 2021, SQUADRA SOFTWARE was incorporated as a private limited company by two natural persons, with a starting capital of €2,000.12 In 2022 the capital was increased by €33,333.3 Today the board has 2 members.4 Total assets went from €97,893 in 2022 to €474,053 in 2025.5

  1. 1KBO register
  2. 2Belgian Official Gazette, 02-08-2021
  3. 3Belgian Official Gazette, 08-09-2022
  4. 4National Bank, annual accounts 2025
  5. 5National Bank, annual accounts 2022 and 2025

Company details

Identity

Enterprise number
0771.844.935
VAT number
BE 0771.844.935
Peppol ID
0208:0771844935
Other Peppol ID
9925:BE0771844935
Legal form
Private limited company
Status
Active, normal situation
Founded
29-07-2021
Financial year
ends on 31 December
Peppol
Reachable since 17-11-2025Follow this company and you will hear the next morning if it leaves the Peppol register.
Name
SQUADRA SOFTWARE in French
Entity type
Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 02-08-2021 (in French)
Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
“Région de Bruxelles-Capitale”
deed of 02-08-2021 (in French)

Activities

NACEBEL 2025
VAT activities
Social security (RSZ) activities
62100 Computer programming main activity
Codes under NACEBEL 2008
VAT activities
62020 IT consultancy main activity
62010 Computer programming, consultancy and related activities
62030 Computer programming, consultancy and related activities
63110 Computing infrastructure, data processing, hosting and other information service activities
63120 Computing infrastructure, data processing, hosting and other information service activities
63990 Computing infrastructure, data processing, hosting and other information service activities
Social security (RSZ) activities
62010 Computer programming, consultancy and related activities main activity
PurposeThe purpose describes the activities the company may carry out under its articles.
“L’édition et la commercialisation de logiciels, comprenant les activités de création, recherche et développement, vente, conseil et toute…”
5 activities
  1. L’édition et la commercialisation de logiciels, comprenant les activités de création, recherche et développement, vente, conseil et toute prestation de services en matière informatique
  2. L’achat, la vente, le dépôt vente, l’import, l’export, la commission, le négoce pour son propre compte ou pour le compte de tiers de tous types de produits et services, aux particuliers ou aux professionnels, en prix fixe ou aux enchères, neufs ou d’occasion, sur tous canaux de distribution (physique, électronique, vente par correspondance) et en particulier sur Internet
  3. Le conseil en e-commerce, la création et la gestion de sites Internet
  4. La prestation de services aux entreprises dans les domaines ci-dessus
  5. Et, plus généralement, toutes opérations financières, commerciales, industrielles, mobilières et immobilières, pouvant se rattacher en totalité ou en partie, directement ou indirectement à l'objet ci-dessus ou à tous objets similaires ou connexes, de nature à favoriser son extension ou son développement
deed of 02-08-2021 (in French)

Registered office and establishments

1 establishment
Establishment Since Unit number
Edouard Lacomblélaan 22 registered office 1040 Etterbeek 29-07-2021 2.320.835.559

Buildings and parcels at the address

Ground area
252 m²
Buildings
132 m²
Volume, LiDAR
1,453 m³
Tallest building
15.9 m
Buildings to scale, each on its own parcel
132 m², 15.9 m 132 m², 15.9 m

Location

registered office establishment The establishment unit on the map
2 companies at this address See who is registered here

Parcels

Cadastral parcelArea Buildings Height / floors
21363B0315/00L007252 m² 1 · 132 m² 15.9 m · 4

Contact

E-mail stephane@sellermania.com