Equity
SQUARE paid out €4.1m in dividends. That is 63,495% of the 2025 profit.
SQUARE paid out €4.1m in dividends. That is 63,495% of the 2025 profit.
The result fell in 2025: different schema filed.
Short-term debts fell from €1.2m to €266,550.
A director left. Latest change 01-03-2026 · 2 in office.
More equity than 95% of companies in financial services. Sector median €124,004 · 9,777 companies.
The company is a financial institution: a bank, insurer or financial holding. Its balance sheet works differently from that of a trading or manufacturing company. A bankruptcy probability from the general model would mislead here.
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.
The company filed its last 2 accounts on average 19 days after the deadline. In the sector (NACE 64), the median for financial year 2024 was 14 days before the deadline, and 28% of those companies filed late.
| Company | ||||
|---|---|---|---|---|
| SQUARE Asse | €4.0m | -€53,563 | 89.6% | - |
| AgriFoodInvest Leuven | €3.3m | -€1,253 | 0.0% | - |
| MANTAN Lokeren | €4.1m | -€12,937 | 8.2% | 0 |
| Cactus 16 Bilzen-Hoeselt | €3.5m | -€134 | -12.8% | - |
| CAEDES Zottegem | €4.2m | -€77,934 | 31.0% | 0 |
| ID.HOLD Harelbeke | €4.5m | -€237 | 78.7% | - |
| Found & Baker Group Bruges | €3.9m | -€38,214 | 29.0% | - |
These companies have the same main activity as SQUARE: activities of holding companies (NACE 64210). They are comparable in size and age: total assets between €3.3m and €4.5m, founded between 2022 and 2023.
SQUARE is a financial institution. The bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €3.5m and a net result of €6,378.
Its solvency ranks better than 88% of 9,770 sector peers (NACE 64, financial year 2025). The company has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Turnover and EBIT margin are not published. The abbreviated or micro format does not require them.
Higher than 88% of 9,770 companies in 2025.
Higher than 19% of 9,624 companies in 2025.
Net result: middle half · Equity: top quarter · Balance sheet total: top quarter
| Line | Trend | 2025 | 2024 |
|---|---|---|---|
| Balance sheet: assets | |||
20/58 |
4.0m | 8.9m | |
21/28 |
275,653 | 235,000 | |
28 |
275,653 | 235,000 | |
29/58 |
3.7m | 8.7m | |
29 |
3.2m | 3.7m | |
291 |
3.2m | 3.7m | |
40/41 |
450,200 | 3.4m | |
40 |
0 | 53,164 | |
41 |
450,200 | 3.3m | |
54/58 |
31,655 | 1.7m | |
490/1 |
44,200 | - | |
| Balance sheet: equity and liabilities | |||
10/49 |
4.0m | 8.9m | |
10/15 |
3.5m | 7.6m | |
10/11 |
292,531 | 292,531 | |
13 |
3.2m | 7.3m | |
133 |
3.2m | 7.3m | |
14 |
0 | - | |
17/49 |
409,549 | 1.3m | |
17 |
96,799 | 128,696 | |
170/4 |
96,799 | 128,696 | |
42/48 |
266,550 | 1.2m | |
42 |
31,897 | 30,780 | |
44 |
32,369 | 25,415 | |
440/4 |
32,369 | 25,415 | |
45 |
285 | 285 | |
450/3 |
285 | 285 | |
47/48 |
201,999 | 1.1m | |
492/3 |
46,200 | 19,250 | |
| Income statement | |||
9900 |
-53,563 | 5.9m | |
640/8 |
51,944 | 439 | |
9901 |
-105,508 | 5.9m | |
75/76B |
117,347 | 1.4m | |
75 |
117,347 | 1.4m | |
65/66B |
5,461 | 5,030 | |
65 |
5,461 | 5,030 | |
9903 |
6,378 | 7.3m | |
9904 |
6,378 | 7.3m | |
9905 |
6,378 | 7.3m | |
| Appropriation of the result | |||
9906 |
6,378 | 7.3m | |
791/2 |
4.1m | - | |
691/2 |
6,378 | 7.3m | |
6921 |
6,378 | 7.3m | |
694/7 |
4.1m | - | |
694 |
4.1m | - | |
| Social balance sheet | |||
9087 |
- | 0 | |
| Document | |||
The notes to these accounts have 5 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 30-08-2026.
2025 annual accounts filed 30 days after the deadline. Filed on 30 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00453732.
| Line | Trend | 2025 | 2024 |
|---|---|---|---|
| 40,653 | 504,598 | ||
| -1.6m | - | ||
| 89.6% | 85.0% | ||
| 0.2% | 96.1% | ||
| 0.2% | 81.7% |
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.
| Item | 2025 | 2024 |
|---|---|---|
| Financial fixed assets | €40,653 | €504,598 |
Source: notes to the 2024 to 2025 annual accounts (statement of fixed assets)
The operating result for 2025 is a loss of €105,508, after a profit of €5.9m in 2024.
Debt's share of the balance-sheet total falls from 15.0% to 10.4%. Equity and debt are lower.
Source: lists of holdings in the owners' accounts
1 other company of this director went bankrupt (2025).
Source: Belgian Official Gazette (bankruptcies, judicial dissolutions, board mandates), FPS Economy (strike-offs) and the KBO register. A bankruptcy, dissolution or strike-off says nothing about the director's part in it.
Source: list of holdings in its own 2024 accounts. Every holding stands with its own latest accounts.
| Venkover
registered office since 22-02-2024 · founded in 2024 |
total assets €7.1m (2025) 1006.333.032 |
| AXXON GROUP
registered office since 24-09-2024 · founded in 2024 |
total assets €6.5m (2025) 1014.046.512 |
| DE VUYST - VAN ELSUE
registered office since 05-01-1994 · founded in 1994 |
total assets €4.3m (2025) 0451.770.372 |
| Belicraft
establishment since 01-05-2024 · founded in 2024 · negative equity (2025) |
30 FTE (2025) 1007.445.364 |
| DE VUYST Georges
establishment since 12-07-2013 · founded in 1981 |
9.3 FTE (2022) 0421.138.663 |
| LIV-IT
registered office since 04-01-2012 · founded in 2012 |
total assets €1.4m (2025) 0842.374.328 |
| RODIMO
registered office since 02-08-1995 · founded in 1995 · negative equity (2025) |
total assets €1.3m (2025) 0455.787.459 |
| ETS. NOUJEIM
registered office since 14-02-1984 · founded in 1984 |
total assets €325,696 (2025) 0425.250.869 |
| Prisma Consulting
registered office since 17-11-2023 · founded in 2023 |
total assets €137,620 (2025) 1002.385.429 |
| LDWP
registered office since 16-09-2025 |
founded in 2025 1027.702.330 |
| PETROSYAN GROUP via ABONNA, no longer at PETROSYAN GROUP · Director · deed of 10-03-2020 Open bankruptcy · founded in 2018 |
3 FTE (2024) |
| THE NICK via MONTECITO, at SQUARE until 2026 · Director · deed of 04-06-2026 founded in 1999 |
turnover €690,066 (2025) |
| ALEXAN via MONTECITO, at SQUARE until 2026 · Director · deed of 04-12-2025 founded in 2023 |
total assets €5.1m (2025) |
| FIDEVO via MONTECITO, at SQUARE until 2026 · Director · deed of 04-06-2026 founded in 2011 |
turnover €766,092 (2025) |
| RR Real Estate via MONTECITO, at SQUARE until 2026 · Director · deed of 22-05-2026 founded in 2016 |
turnover €398,035 (2025) |
| BELASIMMO via MONTECITO, at SQUARE until 2026 · Director · deed of 28-02-2023 founded in 1997 |
total assets €4.4m (2025) |
| IMMO HORIZON via MONTECITO, at SQUARE until 2026 · Director · deed of 04-06-2026 founded in 2007 |
turnover €698,310 (2025) |
| ACCOFIS CONSULT via Vleck Luc, at SQUARE until 2024 · Permanent representative · deed of 26-09-2024 founded in 1992 |
total assets €2.7m (2025) |
| LUC VLECK & CO via Vleck Luc, at SQUARE until 2024 · Statutory director · deed of 28-12-2022 founded in 2009 |
total assets €1.3m (2025) |
| LDWP via MONTECITO, at SQUARE until 2026 · Director · deed of 18-09-2025 |
founded in 2025 |
Deadline for the 2026 accounts: 31-07-2027
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
| Establishment | Since | Unit number |
|---|---|---|
| Nerviërsstraat 32 registered office 1730 Asse | ||
| Nerviërsstraat 32a 1730 Asse | 16-02-2023 | 2.342.412.814 |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 23322B0100/00Z016 | 1,086 m² | 2 · 445 m² | 13.3 m · 3 |
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