Financials
- Financial year
- 2025
- Total assets
- €17,080
- Loss
- -€4,286
- Solvency
- 93.6%
Total assets▼ 17.8%
Net result
20182025
SQUARE CARS
ActiveSummary
SQUARE CARS has been active since 2010 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €15,989 and a net result of -€4,286. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 95% of 22,554 sector peers (NACE 47, financial year 2025). The computed 12-month bankruptcy probability is 0.5% (low).
Overview
Activity
Retail sale of cars and light vans (up to 3.5 tonnes)
NACE 47811
1 site
Size
€17,080total assets 2025
- Equity
- €15,989
- Loss
- -€4,286
Turnover not published (micro format)
Why 82raises riskLoss of €4,286, the second in a row (financial year 2025)2 of the last 3 latelowers riskFounded in 2010Liquidity: current ratio 14.55, cash €4,489Show the evidence
Checked score
Score 2025
82
/ 100
Excellent
Probability in this band: under 0.55%
Financially better than 51% of its sector peers (NACE 47, micro)
Financial strength · tick = 2024
Average
Solvency
100=
equity 93.6% of total assets
Liquidity
83-3
short-term debt 6.4% · cash 26.3%
Profitability
0-6
return on assets -25.1%
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
About 5 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 0.3%
12-2024: 0.3%● unchanged vs 11-2024
01-2025: 0.3%● unchanged vs 12-2024
02-2025: 0.3%● unchanged vs 01-2025
03-2025: 0.3%● unchanged vs 02-2025
04-2025: 0.3%● unchanged vs 03-2025
05-2025: 0.2%▼ -0.1 percentage points vs 04-2025
06-2025: 0.2%● unchanged vs 05-2025lowest value
07-2025: 0.2%● unchanged vs 06-2025
08-2025: 0.4%▲ +0.2 percentage points vs 07-2025
09-2025: 0.4%● unchanged vs 08-2025
10-2025: 0.5%▲ +0.1 percentage points vs 09-2025
11-2025: 0.5%● unchanged vs 10-2025
12-2025: 0.5%● unchanged vs 11-2025
01-2026: 0.5%● unchanged vs 12-2025
02-2026: 0.5%● unchanged vs 01-2026
03-2026: 0.5%● unchanged vs 02-2026
04-2026: 0.5%● unchanged vs 03-2026
05-2026: 0.5%● unchanged vs 04-2026
06-2026: 0.5%● unchanged vs 05-2026
07-2026: 0.5%● unchanged vs 06-2026highest value
08-2026: 0.5%● unchanged vs 07-2026
09-2026: 0.5%● unchanged vs 08-2026
10-2026: 0.5%● unchanged vs 09-2026
Credit of up to €1,000 on 30-day terms is acceptable
Liquidity ample (current ratio 14.55, compared with 37.88 in 2024, above the usual 1.5; short-term debt: 6.4% and cash: 26.3% of total assets), and 6.4% of the assets are financed with debt and provisions.
How it is calculated
The band follows from the bankruptcy probability, on a scale where 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 47, micro): better than 92% on solvency, 86% on liquidity, 6% on profitability and 19% on growth.
The bankruptcy probability was computed on 24-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
Six signals.
lowers riskraises riskneutral
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year -€4,286
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 04-07-2026, 27 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
27 days early
2024
42 days late
2023
59 days late
2022
68 days late
2021
72 days late
2020
84 days late
2019
64 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 52 days after the deadline; the sector median (NACE 47) for financial year 2024 is on the deadline day, and 47% 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 29 September (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsWhere today falls in the filing period
25-10-2026 today31-12-2026 year end31-07-2027 deadline
- Annual accounts filedfinancial year 2025 · micro…
- Annual accounts filedfinancial year 2024 · micro…
- Liquidity more than 7 timescurrent ratio 37.88
Key points
By topic
Board & ownership
- Board
- 1 member
- HERBAUX FrédéricDirector
Timeline
- Events
- 24
- Since
- 2011
- Next accounts
- by 31-07-2027
- 28-09-2024Annual accounts filed
- 03-04-2024Resignation: HERBAUX Frédéric (manager)
- 31-12-2023Highest result from 2018 to 2025
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- Retail sale of cars and light vans (up…NACE 47811
- Founded
- 04-01-2010
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
Articles of association
- Provisions read
- 27
- Who signs
- Each director alone
- Annual meeting
- First Monday of June at 11:00
- Purpose
- “De reiniging en het onderhoud van gebouwen, de reiniging van vensterglas en van kantoren…” (deed in Dutch)
Key facts about SQUARE CARS
- What is the company number of SQUARE CARS?
- 0821.914.751. In Belgium the VAT number is the company number with BE in front: BE 0821.914.751.
- Where is SQUARE CARS based?
- The registered office is at Toekomststraat 40, 1800 Vilvoorde.Company details
- What does SQUARE CARS do?
- According to the KBO register, the main activity is retail sale of cars and light vans (up to 3.5 tonnes) (NACE 47811).
- What is the legal form of SQUARE CARS?
- Private limited company (BV).
- When was SQUARE CARS founded?
- On 04-01-2010.
- Is SQUARE CARS still active?
- Yes, SQUARE CARS is an active enterprise in the KBO register.
- What is the turnover of SQUARE CARS?
- Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.Financials
- Is SQUARE CARS profitable?
- In financial year 2025, SQUARE CARS made a loss of €4,286.
- Where can I find the annual accounts of SQUARE CARS?
- SQUARE CARS filed 16 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of SQUARE CARS due?
- By 31-07-2027, for financial year 2026.Timeline
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