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SQUARE CIRCLE

Active Private limited companyfounded 2002active for 24 yearsGrote Spekstraat 42, 3020 HerentKBO/BCE: BE 0477.290.082
SQUARE CIRCLE
Financial year 2025
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Annual accounts 2025

micro format, filed on 02-06-2026, 59 days before the deadline
€59,864
▲ 16.7%
€38,008
▲ 16.0%
€55,813
▲ 10.8%
-€26,049
▼ €67,125
31.5%
▼ 33.6 percentage points
1.78
▼ 4.44

Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.

Turnover ≈ €120,000. Estimated: probably between €92,000 and €150,000.

Money flows

no detail for 2025

Balance sheet

balance sheet total €136,254 on 31-12-2025
What the company ownsHow it is paid for

in euro

in euro

Position in the sector

Compare with sector

31.5%

Higher than 31% of 39,360 companies in 2025.

1.78

Higher than 45% of 38,044 companies in 2025.

-32.2%

Lower than 95% of 38,516 companies in 2025.

SQUARE CIRCLE Middle half of the sector 80% of the sector Micro accounts in head offices and management consultancy (NACE 70)

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

Staff

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

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend2025202420232022202120202019201820172016201520142013201220112010200920082006
Balance sheet: assets
20/58 136,254189,462213,723315,372154,724193,096102,28198,691116,084136,415155,682186,248227,770192,370167,134209,387240,667329,010297,231
20 -------0-----------
21/28 34,78051,05858,348112,11465,35130,74323,46238,18962,18974,855101,045128,665164,997111,584119,609150,062165,029191,413130,236
21 -------0----------967
22/27 34,18550,46357,753111,51964,75630,14822,86737,59461,59474,260100,450128,070164,402110,989119,014149,467164,434190,818128,674
22 ---02332,78212,70022,71732,73442,75152,76861,98872,67983,36991,044101,456111,868122,280108,981
23 3,704---13,60316,2966,2489,37312,49711218062,9655,1237,2839,4413,0713,6383,570
24 25,46543,77456,704110,19650,92011,0703,9195,5049,1908,0727,8629,31416,53422,49720,59126,74725,94629,62416,123
26 5,0156,6891,0501,323---0-----------
27 -------0-----------
28 595595595595595595595595595595595595595595595595595595595
29/58 101,475138,404155,375203,25889,373162,35278,81960,50253,89561,56054,63757,58462,77380,78647,52559,32575,638137,597166,995
29 -------0-----------
290 -------0-----------
291 -------0-----------
3 -------0-----------
30/36 -------0-----------
37 -------0-----------
40/41 33,77481,63090,88150,78241,860117,36558,12940,16733,1102,66836,77555,26923,76227,97434,51222,49724,22355,97887,835
40 30,95250,77066,53828,8399,215115,88158,12915,53326,5222,66836,33454,91318,356-34,39922,49724,13355,97887,835
41 2,82230,86124,34321,94332,6451,484024,6346,588-4413565,40627,974113-90--
50/53 -------0-----------
54/58 66,29856,16654,603147,97145,36443,41819,76619,53520,49444,89216,8994729,35551,2674,54432,54649,07580,59179,160
490/1 1,4036089,8914,5052,1491,56992580129014,0009632,2689,6561,5458,4694,2822,3391,028-
Balance sheet: equity and liabilities
10/49 136,254189,462213,723315,372154,724193,096102,28198,691116,084136,415155,682186,248227,770192,370167,134209,387240,667329,010297,231
10/15 42,930123,440112,59578,81088,33177,95168,41657,50043,85839,58535,06025,32842,54624,08516,31840,21145,69257,36148,480
10/11 6,2006,2006,2006,2006,2006,2006,2006,2006,2006,2006,2006,2006,2006,2006,2006,2006,2006,2006,200
100 ------18,60018,60018,60018,60018,60018,60018,60018,60018,60018,60018,60018,60018,600
101 ------12,40012,40012,40012,40012,40012,40012,40012,40012,40012,40012,40012,40012,400
11 -------0-----------
1100/10 -------0-----------
12 -------0-----------
13 72,506117,240106,39572,61040,22640,22630,69119,7746,1331,8601,8601,8601,8601,8601,8601,8601,8601,8601,860
130/1 ---01,8601,860-0-----------
130 ------1,8601,8601,8601,8601,8601,8601,8601,8601,8601,8601,8601,8601,860
1311 ---01,8601,860-------------
1312 -------0-----------
1319 -------0-----------
132 -------0-----------
133 72,506117,240106,39572,61038,36638,36628,83117,9144,273----------
14 -35,77700041,90431,52531,52531,52531,52531,52527,00017,26834,48616,0258,25832,15137,63249,30140,420
15 -------0-----------
19 -------0-----------
16 -------0-----------
160/5 -------0-----------
160 -------0-----------
161 -------0-----------
162 -------0-----------
163 -------0-----------
164/5 -------0-----------
168 -------0-----------
17/49 93,32566,022101,129236,56266,394115,14433,86541,19272,22696,830120,622160,920185,224168,285150,816169,176194,975271,649248,750
17 -07,22417,03210,514-05,17214,03931,88655,04977,56399,45858,37267,23986,610107,721128,001110,833
170/4 -07,22417,03210,514-05,17214,03931,88655,04977,56399,45858,37267,23986,610107,721128,001110,833
175 -------0-----------
176 -------0-----------
178/9 -------0-----------
42/48 57,12522,28293,905218,32955,343115,14433,86536,02039,50164,55650,57364,30567,91989,84472,04552,42347,68075,098108,205
42 07,22410,49517,1658,31105,9118,86718,58623,98023,34620,93722,0448,86619,37121,11120,28019,59616,623
43 -------0-----------
430/8 -------0-----------
439 -------0-----------
44 3211,10361,41582,19118,40999,8466,1045,2972,8261,6096,7129,78818,97557,94225,57318,65614,29622,99326,156
440/4 3211,10361,41582,19118,40999,8466,1045,2972,8261,6096,7129,78818,97557,94225,57318,65614,29622,99326,156
441 -------0-----------
46 -------0-----------
45 5,6021,3217,91628,8481,0715,14311,68714,83614,11938,96720,18733,58123,1007,46424,0809,63510,08232,39054,256
450/3 5,2751,3217,91627,1311,0715,14311,6876,23210,81921,69314,65019,35223,1007,46413,4359,6359,98332,39049,720
454/9 327-01,717--08,6043,30017,2735,53714,228--10,645-99-4,536
47/48 51,20312,63514,07990,12627,55310,15510,1627,0203,969-328-3,80015,5723,0213,0213,02111911,170
492/3 36,19943,73901,200537--018,68638815,00019,05217,84720,06911,53230,14339,57468,55029,712
Income statement
70 ------------------447,068
76A 10,501-014,5158,2501,200-0---13,7837,851------
9900 59,86451,280105,164118,77541,56131,97838,08851,11060,02147,87563,65619,02869,98144,35718,63842,30935,55870,127150,364
60/61 ------------------296,704
62 -------0----------101,037
630 17,80517,59619,61421,16120,64615,93617,43225,27534,53729,32532,62538,29730,98520,01632,03430,69531,14830,47024,060
631/4 -------0-----------
635/8 -------0-----------
640/8 3,2749189934,0113,6662,4742,3583,48214,4034,0645,6602,9596,4294,3874,5564,4974,4924,4103,690
649 -------0-----------
66A 77706,629----0-------381-7,944-
9901 38,00832,76577,92793,60217,24913,56918,29722,35311,08114,48625,371-22,22832,56719,954-17,9527,117-8235,24721,577
75/76B 283,2113775070221136591731661052387536891601,1559
75 283,211377507022113695731661052387536891601,1559
76B -------0-496---------
65/66B 70,1931,0543,52438,6401,9445197371,2322,0393,0483,8976,1266,7454,9506,6947,6908,67011,42311,156
65 3511,0543,52438,6401,9445197371,2322,0393,0483,8976,1266,7454,9506,6947,6908,67011,42311,156
66B 69,842------0-----------
9903 -32,15734,92374,77955,01215,37513,05217,58121,1349,04912,02921,547-14,40633,77815,242-23,893-265-8,59217,03510,430
67/77 11,69611,44225,75418,3554,9963,5166,6657,4934,7767,50411,8152,81215,3177,475-5,2163,07711,9566,150
9904 -43,85423,48149,02636,65710,3799,53510,91713,6414,2734,5259,732-17,21718,4617,767-23,893-5,481-11,6695,0794,280
789 -------0-----------
689 -------0-----------
9905 -43,85423,48149,02636,65710,3799,53510,91713,6414,2734,5259,732-17,21718,4617,767-23,893-5,481-11,6695,0794,280
Appropriation of the result
9906 -35,77723,48149,02678,56141,90441,06042,44245,16635,79831,52527,00017,26834,48616,0258,25832,15137,63249,30140,420
14P 8,077-041,90431,525--------------
791/2 36,65712,63515,2414,273---0-----------
691/2 023,48149,02636,65709,53510,91713,6414,273----------
691 -------0-----------
6920 -------0-----------
6921 023,48149,02636,65709,53510,91713,6414,273----------
694/7 36,65712,63515,24146,177---0-----------
694 36,65712,63515,24146,177---0-----------
695 -------0-----------
696 -------0-----------
Social balance sheet
9087 ------------------0.9
Hours worked1013 ------------------1,578
Document PDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDF

The accounts for 4 older financial years (2002-2005) were filed as documents without figures as data, scans for example.

The notes to these accounts have 11 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).

Source: Annual accounts 2025 (PDF), filed on 02-06-2026.

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 02-06-2026 2026-00132039 PDF
31-12-2024 micro format 11-04-2025 2025-00068732 PDF
31-12-2023 micro format 10-04-2024 2024-00061334 PDF
31-12-2022 micro format 09-05-2023 2023-00084163 PDF
31-12-2021 micro format 31-05-2022 2022-20044209 PDF
31-12-2020 micro format 17-05-2021 2021-14300453 PDF
31-12-2019 micro format 13-05-2020 2020-12100056 PDF
31-12-2018 micro format 17-06-2019 2019-19200134 PDF
31-12-2017 micro format 16-05-2018 2018-13100028 PDF
31-12-2016 micro format 20-09-2017 2017-61600392 PDF
31-12-2015 full format 09-06-2016 2016-16100281 PDF
31-12-2014 full format 12-06-2015 2015-17100229 PDF
31-12-2013 full format 23-06-2014 2014-19500186 PDF
31-12-2012 full format 09-07-2013 2013-29900014 PDF
31-12-2011 full format 11-07-2012 2012-28800162 PDF
31-12-2010 full format 06-06-2011 2011-13400405 PDF
31-12-2009 full format 18-06-2010 2010-18600174 PDF
31-12-2008 full format 14-09-2009 2009-75600032 PDF
31-12-2007 full format 09-07-2009 2009-40500262 PDF
31-12-2006 full format 07-08-2007 2007-54600071 PDF
31-12-2005 full format 29-12-2006 2006-94004860 PDF
31-12-2004 full format 16-03-2006 2006-07300995 PDF
31-12-2003 full format 05-11-2004 2004-78002485 PDF
31-12-2002 full format 30-07-2003 2003-54702002 PDF

Subsidies and aid

Flemish government 2024 to 2025, 2 entries, €2,931 awarded, €2,931 paid

Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
€2,931
Year Entries AwardedPaid
2025 1 €0€495
2024 1 €2,931€2,436

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend2025202420232022202120202019201820172016201520142013201220112010200920082006
55,81350,36197,541114,76337,89529,50535,72947,62845,61843,81157,99616,06963,55239,97014,08237,81231,06665,71745,637
-26,04941,07768,64057,81831,02525,47128,34938,91638,81033,85042,35721,07949,44627,7838,14125,21419,47935,54928,340
2,30410,305-34,15167,92459,74723,2172,7061,32621,8713,1355,0051,96584,39711,9921,58025,1984,76422,14511,596
10,1321,563-93,368102,6061,94623,653231-959-24,39827,99316,852-29,308-21,91246,723-28,002-16,529-31,516--
44,349116,12261,470-15,07234,03047,20844,95424,48314,394-2,9964,064-6,721-5,146-9,058-24,5206,90227,95862,49958,790
------------------4.8%
31.5%65.2%52.7%25.0%57.1%40.4%66.9%58.3%37.8%29.0%22.5%13.6%18.7%12.5%9.8%19.2%19.0%17.4%16.3%
1.786.211.650.931.611.412.331.681.360.951.080.900.920.900.661.131.591.831.54
2.170.530.903.000.751.480.490.721.652.453.446.354.356.999.244.214.274.745.13
-102.2%19.0%43.5%46.5%11.8%12.2%16.0%23.7%9.7%11.4%27.8%-68.0%43.4%32.2%-146.4%-13.6%-25.5%8.9%8.8%
-32.2%12.4%22.9%11.6%6.7%4.9%10.7%13.8%3.7%3.3%6.3%-9.2%8.1%4.0%-14.3%-2.6%-4.8%1.5%1.4%
over 10047.8027.682.9719.50--------------
------------------72 days
------------------32 days

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.

Investments

fixed assets acquired
Item20252024202320222021
Tangible fixed assets€2,304€10,305-€67,924€59,747
Financial fixed assets€0--€0-
€17,805€17,596€19,614€21,161€20,646

Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)

Insights on SQUARE CIRCLE

The operating result for 2025 is 16% higher than in 2024. It is a recovery after the fall in 2024.

Debt's share of the balance-sheet total rises from 34.8% to 68.5%. Equity is lower and debt is higher.

Next steps

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