Square Egg Communications
ActiveSquare Egg Communications has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €56k and a net result of €2k. Equity is growing by ~8.4% per year across the filed fiscal years. Its solvency ranks better than 22% of 37971 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability15▲+15
Solvency21▼-18
Growth52=
Stability100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3k at 30 days only on tighter terms
Liquidity short (current ratio 0.55 against 0.78 in 2023), and 77.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
22.3%
Return on assets
0.7%
Age of the figures
20 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 22% of 37971 sector peers (2024).
NBB · sector comparisonPosition among 37971 sector peers
Solvency
better than 22%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 04-07-2025, 27 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
not confirmed
2024
27 d early
2023
23 d early
2022
31 d late
2021
34 d early
2020
36 d early
2019
35 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€56k▼ 27.3%
2023 · €76k
2019: €29k
2020: €60k
2021: €66k
2022: €82k
2023: €76k
2019 → 2024
Total assets
€249k▼ 7.6%
2023 · €270k
2019: €329k
2020: €320k
2021: €292k
2022: €318k
2023: €270k
2019 → 2024
Net result
€2k
2023 · €-12k
2019: €17k
2020: €31k
2021: €6k
2022: €16k
2023: €-12k
2019 → 2024
Working capital
€-26k▼ 246%
2023 · €-8k
2019: €20k
2020: €21k
2021: €20k
2022: €21k
2023: €-8k
2019 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€60k-€66k▲ 9.8%€82k▲ 24.0%€76k▼ 7.3%€56k▼ 27.3%
Operating result€46k-€14k▼ 68.4%€24k▲ 67.3%€-9k€5k
Net result€31k-€6k▼ 81.1%€16k▲ 169%€-12k€2k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €5k after a loss of €9k in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €249k
Fixed assets
€217k▼ 10.6%
Current assets
€32k▲ 19.6%
Equity and liabilities €249k
Equity
€56k▼ 27.3%
Debt
€194k▲ 0.2%
The debt ratio rises from 71.7% to 77.7%: debt grows while equity shrinks.
Key figures and ratios
EBITDA
€37k▲
2023 · €31k
Cash flow
€34k▲
2023 · €28k
Solvency
22.3%▼
2023 · 28.3%
Current ratio
0.55▼
2023 · 0.78
Quick ratio
0.55▼
2023 · 0.78
Debt / equity
3.49▲
2023 · 2.53
ROE
3.1%▲
2023 · -16.0%
ROA
0.7%▲
2023 · -4.5%
Interest coverage
12.48▲
2023 · 9.56
Debt
€194k▲
2023 · €193k
Debt ≤ 1 year
€59k▲
2023 · €35k
Debt > 1 year
€133k▼
2023 · €156k
Income taxes
€177▼
2023 · €186
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€270k€249k▼
Fixed assets21/28€243k€217k▼
Intangible fixed assets21€2k€1k▼
Tangible fixed assets22/27€240k€215k▼
Land and buildings22€178k€168k▼
Plant, machinery and equipment23€660€487▼
Furniture and vehicles24€40k€27k▼
Other tangible fixed assets26€21k€20k▼
Current assets29/58€27k€32k▲
Amounts receivable after more than one year29€0-
Other amounts receivable291€0-
Amounts receivable within one year40/41€24k€6k▼
Trade receivables40€24k€6k▼
Other amounts receivable41€179€0▼
Cash at bank and in hand54/58€3k€25k▲
Deferred charges and accrued income490/1€108€722▲
Equity and liabilities
Total equity and liabilities10/49€270k€249k▼
Equity10/15€76k€56k▼
Contributions10/11€19k€19k=
Reserves13€53k€37k▼
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Distributable reserves133€53k€37k▼
Profit (loss) carried forward14€5k€0▼
Amounts payable17/49€193k€194k▲
Amounts payable after more than one year17€156k€133k▼
Financial debts170/4€156k€133k▼
Amounts payable within one year42/48€35k€59k▲
Current portion of amounts payable after more than one year42€23k€23k▲
Trade debts44€7k€5k▼
Suppliers440/4€7k€5k▼
Taxes, remuneration and social security45€3k€3k▼
Taxes450/3€3k€3k▼
Other amounts payable47/48€2k€27k▲
Accrued charges and deferred income492/3€3k€2k▼
Income statement
Code20232024
Non-recurring operating income76A€0-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€40k€32k▼
Other operating charges640/8€3k€4k▲
Gross operating margin9900€34k€42k▲
Operating profit (loss)9901€-9k€5k▲
Financial income75/76B€2€23▲
Recurring financial income75€2€23▲
Financial charges65/66B€3k€3k▼
Recurring financial charges65€3k€3k▼
Profit (loss) for the period before taxes9903€-12k€2k▲
Income taxes67/77€186€177▼
Profit (loss) for the period9904€-12k€2k▲
Profit (loss) for the period to be appropriated9905€-12k€2k▲
Appropriation of the result
Profit (loss) to be appropriated9906€5k€7k▲
Profit (loss) brought forward from the previous period14P€17k€5k▼
Transfer from equity791/2-€16k
Profit to be distributed694/7-€23k
Return on contributions (dividend)694-€23k
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
04-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €2k
Net result €2k after one loss-making year.
08-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet €-12k ▼177%
Net result drops to €-12k, the lowest in the series; recovery starts the following year.
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
27-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
25-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Highest result since 2019net €31k ▲89.1%
Operating result €46k, net result €31k, both a record.
26-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 director, no change since 2023
Sandra Van Hauwaert
CurrentNon-statutory director · since 04-12-2023
04-12-2023
Resigned as Manager
04-12-2023
Appointed as Non-statutory director
Location & real-estate footprint
Registered office, Lochristi · 2 establishment units since 2019
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Heidegrond 429080 LochristiGround area
1,798 m²
Building footprint
647 m²
Volume, LiDAR
12,043 m³
2 parcels, Flanders · tallest building 36.1 m, ±10 floors. Linked by address, not a title deed.
2 establishment units
Square Egg Communications
since 20192.283.971.797
Square Egg Communications
since 20192.316.571.717
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31602A0858/00A005 | Flanders | 921 m² | 1 · 472 m² | 36.1 m · 10 fl. |
| 44034D0840/00B002 | Flanders | 877 m² | 1 · 175 m² | 9.0 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2023 · 1 entry · 114 EUR awarded · 114 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 114 EUR | 114 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 82,218 companies in sector 70200 we hold annual accounts for 52,395. 38,481 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded10-01-2019
Fiscal year end31-12
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Data from official sources, last processed on 11-09-2026. Scores and ratios are computed by Checked and are not a credit decision.