SQUARE INSURANCE
ActiveSQUARE INSURANCE has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €123k and a net result of €24k. Equity is growing by ~72.2% per year across the filed fiscal years. Its solvency ranks better than 34% of 13936 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
55
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability53▼-6
Solvency37▲+3
Growth78=
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €6k at 30 days acceptable
Liquidity short (current ratio 0.42 against 0.33 in 2024; short-term debt: 26.8% and cash: 0.7% of total assets), and 88.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight 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 68
Relative position
BE, all sectors
reference
Sector 68
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
11.9%
Return on assets
2.3%
Age of the figures
9 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
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 · 10 filingsDeviation from the deadline
2025
on the day
2024
13 d late
2023
28 d late
2022
25 d late
2021
32 d early
2020
17 d late
2019
81 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
17-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€24k▼ 24.7%
2024 · €32k
2018: €-8k
2019: €-23k
2020: €34k
2021: €11k
2022: €12k
2023: €30k
2024: €32k
2018 → 2025
Working capital
€-160k▲ 8.8%
2024 · €-175k
2018: €-195k
2019: €-27k
2020: €-49k
2021: €-65k
2023: €-152k
2024: €-175k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€24k-€36k▲ 50.8%€66k▲ 84.3%€98k▲ 48.1%€123k▲ 24.5%
Operating result€34k-€37k▲ 8.5%€67k▲ 78.8%€76k▲ 13.9%€80k▲ 5.0%
Net result€11k-€12k▲ 9.5%€30k▲ 150%€32k▲ 5.1%€24k▼ 24.7%
Result per fiscal year
Operating resultNet result
The operating result has risen four years in a row; 2025 is 5% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.03M
Fixed assets
€912k▼ 6.7%
Current assets
€116k▲ 34.4%
Equity and liabilities €1.03M
Equity
€123k▲ 24.5%
Debt
€906k▼ 6.2%
The debt ratio falls from 90.8% to 88.1%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€150k▲
2024 · €136k
Cash flow
€95k▲
2024 · €92k
Solvency
11.9%▲
2024 · 9.2%
Current ratio
0.42▲
2024 · 0.33
Quick ratio
0.42▲
2024 · 0.33
Debt / equity
7.39▼
2024 · 9.81
ROE
19.7%▼
2024 · 32.5%
ROA
2.3%▼
2024 · 3.0%
Interest coverage
3.70▼
2024 · 4.34
Debt
€906k▼
2024 · €966k
Debt ≤ 1 year
€276k▲
2024 · €262k
Debt > 1 year
€630k▼
2024 · €704k
Income taxes
€17k▲
2024 · €13k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€1.06M€1.03M▼
Fixed assets21/28€978k€912k▼
Intangible fixed assets21€347k€307k▼
Tangible fixed assets22/27€631k€605k▼
Land and buildings22€592k€579k▼
Furniture and vehicles24€39k€27k▼
Financial fixed assets28-€245
Current assets29/58€87k€116k▲
Amounts receivable within one year40/41€75k€80k▲
Trade receivables40€57k€32k▼
Other amounts receivable41€18k€47k▲
Cash at bank and in hand54/58-€7k
Deferred charges and accrued income490/1€12k€30k▲
Equity and liabilities
Total equity and liabilities10/49€1.06M€1.03M▼
Equity10/15€98k€123k▲
Contributions10/11€6k€6k=
Reserves13€92k€116k▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€90k€114k▲
Amounts payable17/49€966k€906k▼
Amounts payable after more than one year17€704k€630k▼
Financial debts170/4€704k€630k▼
Amounts payable within one year42/48€262k€276k▲
Current portion of amounts payable after more than one year42€87k€95k▲
Financial debts43€212€0▼
Credit institutions430/8€212€0▼
Trade debts44€116k€87k▼
Suppliers440/4€116k€87k▼
Taxes, remuneration and social security45€22k€30k▲
Taxes450/3€22k€30k▲
Other amounts payable47/48€36k€64k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€60k€70k▲
Other operating charges640/8€17k€15k▼
Gross operating margin9900€153k€166k▲
Operating profit (loss)9901€76k€80k▲
Financial income75/76B€759€2k▲
Recurring financial income75€759€2k▲
Financial charges65/66B€31k€41k▲
Recurring financial charges65€31k€41k▲
Profit (loss) for the period before taxes9903€45k€41k▼
Income taxes67/77€13k€17k▲
Profit (loss) for the period9904€32k€24k▼
Profit (loss) for the period to be appropriated9905€32k€24k▼
Appropriation of the result
Profit (loss) to be appropriated9906€32k€24k▼
Transfer to equity691/2€32k€24k▼
To other reserves6921€32k€24k▼
The notes to these accounts (20 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Equity above €100kEq €123k ▲24.5%
6 profitable years in a row build equity to €123k.
13-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 13 days late
2024
28-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 28 days late
2023
25-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 25 days late
2022
29-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
17-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 17 days late
2020
31-12
Financial
Back to profitnet €34k
Net result €34k after 2 loss-making years.
20-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 81 days late
2019
31-12
Financial
Weakest financial yearnet €-23k
Net result drops to €-23k, the lowest in the series; recovery starts the following year.
26-04
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
06-04
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
10-04
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Ukkel · 2 establishment units since 2014
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.
Georges Marlowsquare 11180 UkkelGround area
784 m²
Building footprint
362 m²
Volume, LiDAR
6,917 m³
2 parcels, Brussels · tallest building 23.7 m, ±7 floors. Linked by address, not a title deed.
2 establishment units
Georges Marlowsquare 1, 1180 Ukkel
since 20142.228.518.085
Gen.Dossin de St.Georgeslaan 13-15, 1050 Elsene
since 20252.381.118.089
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21016B0025/00X003 | Brussels | 427 m² | 1 · 187 m² | 23.7 m · 7 fl. |
| 21446D0030/00F014 | Brussels | 357 m² | 1 · 176 m² | 20.6 m · 6 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.
Similar companies · same sector, comparable size
SO MANY WAYS
BE 0524.894.417
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C.N.G. INVESTMENT
BE 0677.871.038
Elsene · Eq €123k
ES Vastgoed
BE 0778.328.592
Bree · Eq €122k
FMT-MOSSOUX
BE 0789.340.567
Andenne · Eq €123k
KJEFIMAR
BE 0501.746.851
Hoeilaart · Eq €122k
Of 7,321 companies in sector 68110 we hold annual accounts for 5,380. 3,772 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded21-03-2014
Fiscal year end31-12
Activities, NACEBEL
68110Buying and selling of own real estate
Sources
Crossroads Bank for EnterprisesNational Bank · 11 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryE-mail:info@squareinsurance.be