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Complete company report
Generated 08-07-2026
Active BE 0787.768.474Private limited company

SQUARE PROJECTS

Bonzellaan 16 ·8660 De Panne, Belgium· 4 yrs active
Sector: Financial services (64210)
Conclusion Checked

SQUARE PROJECTS is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2024 annual accounts show negative equity (€-29k) and a net result of €-32k. The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 2 annual accounts.
Key figures
Equity €-29k
Net result €-32k
Staff (FTE) 1.6
Active 4 yrs
Snowflake analysis 5 axes · computed by Checked
Health0Profitability100Solvency33Growth32Stability94
52 / 100

Mixed profile: strong on profitability, weaker on health.

Health 0
Profitability 100
Solvency 33
Growth 32
Stability 94
Bankruptcy probability (12 mo) Checked model v1 · free

This is a financial institution (bank, insurer or financial holding). Our bankruptcy model is trained on ordinary trading and manufacturing companies; a bank balance sheet falls outside that scope. We therefore show no bankruptcy probability rather than a misleading figure.

Risk Assessment rule-based
0 / 100
Low risk
Trust signals 3 signals
More than 3 years active
Founded in 2022 — past the statistically most fragile first 3 years.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad.
Administratively compliant
No FOD Economie strikeouts (UBO, accounts, address, activity).
Administrative Flags 0 events
No administrative flags
Health barometer
Model not applicable to financial institutions
The health score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios — and hence the score — carry no meaning here.
Financial overview2 NBB filings
Annual accounts filed on 22-09-2025 with the NBB · fiscal year 2024 · micro
€-40k€-30k€-20k€-10k€0Operating result 2023: €-2k€-2kNet result 2023: €-3k€-3kOperating result 2024: €-32k€-32kNet result 2024: €-32k€-32k20232024
Operating resultNet result
Net profit
€-32k
-1107.1% far below sector median
Total assets
€46k
-16.4% -90% vs sector
Equity
€-29k
— far below sector median
Employees (FTE)
2
-5.9% +100% vs sector
Staff costs
€114k
-23.6% far above sector median
Income taxes
€836
— -36% vs sector
Debt
€76k
+42.7% +281% vs sector
Debt ≤ 1y
€76k
+42.7% +283% vs sector
Solvency
-63.3%
— far below sector median
ROE
108.1%
— far above sector median
ROA
-68.4%
-1343.2% far below sector median
Figures by fiscal year
Fiscal year2024
Revenuen/a
EBITDAn/a
Net profit€-32k
Cash flown/a
Staff costs€114k
Income taxes—
Dividends—
Total assets€46k
Equity€-29k
Debt€76k
of which ≤ 1y€76k
of which > 1y—
Working capitaln/a
Employees (FTE)1.6
Ratios (computed)
2024
Current ration/a
Quick ration/a
Working capital ration/a
Solvency-63.3%
Debt / equityn/a
Long-term debt ration/a
Interest coveragen/a
Gross marginn/a
Net marginn/a
ROA-68.4%
ROE108.1%
EBITDA marginn/a
Days sales outstandingn/a
Days payable outstandingn/a
Inventory turnovern/a
Days inventory (DSI)n/a
Balance-sheet composition 2024
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2024
Balance sheet — Assets
TOTAL ASSETS 20/58€46k
Fixed assets 21/28€12k
Tangible fixed assets 22/27€12k
Current assets 29/58€35k
Amounts receivable within one year 40/41€24k
Cash & bank 54/58€11k
Balance sheet — Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€46k
Equity 10/15€-29k
Contributions / capital 10/11€5k
Accumulated profits (losses) 14€-34k
Amounts payable 17/49€76k
Amounts payable within one year 42/48€76k
Trade debts payable within one year 44€10k
Income statement
Gross operating margin 9900€86k
Operating result 9901€-32k
Financial income 75€2
Financial charges 65€49
Result before taxes 9903€-32k
Net result for the period 9904€-32k
Result to be appropriated 9905€-32k
You're seeing the latest fiscal year only. Unlock 1 prior year (figures + ratios) with a paid plan. See plans →
Ratios computed by Checked.
Legal Structure
NACE primary Financial services(64210)
Legal form Private limited company(610)
Incorporation28-06-2022
StatusActive
Postal code8660
Connections & network 1 connected companies
Group structure
BOOOSTR!
Subsidiary · 1 location
→
Connections derived from shared directors, addresses, shareholders and group structure in the Belgian State Gazette.
Establishment units 1 location
Square Projects
Bonzellaan 16, 8660 De PanneVermogensbeheer
since 20222.332.702.322
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Real-estate footprint Source: CBE × cadastre

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates — not a deeds register.

Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
38352E0563/00_000 Flanders 238 m² 1 · 210 m² 12.0 m · 3 fl.
Methodology
via registered seat: 1
1 of 1 parcels with an exact address match; the rest are indicative.
Linked through address data — this is not proof of ownership.
Updates 2 events

A single timeline of everything that happened to this company — publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2025
22-09-2025
NBB filing Annual accounts filed
fiscal year 2024 · micro
2024
30-09-2024
NBB filing Annual accounts filed
fiscal year 2023 · micro
Credit advice verdict per customer and amount

Should this customer buy amount X on invoice? Enter the amount and payment terms — you get an instant GREEN/AMBER/RED verdict, with a suggested ceiling and concrete conditions.

Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.
AI due-diligence brief Checked AI

Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.

Coming soon
AI-generated from Checked data; indicative, not legal or investment advice.
Company registry (CBE) Crossroads Bank
Activities
Holdings64200Activiteiten van holdings64210Administratieve en ondersteunende activiteiten ten behoeve van kantoren82100Diverse administratieve activiteiten ten behoeve van kantoren82110Vermogensbeheer66300Vermogensbeheer66300Overige zakelijke dienstverlening, n.e.g.82990Overige zakelijke dienstverlening, neg82990
Primary activity highlighted.
Names & trade names
Legal nameNL SQUARE PROJECTS
Registered office
Bonzellaan 16
8660 De Panne, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.
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Source: Belgian State Gazette, CBE, NBB · generated via checked.be · indicative