Square Silicone Material Belgium
ActiveSummary
The computed 12-month bankruptcy probability of Square Silicone Material Belgium is 3.0% (moderate). The 2025 annual accounts show negative equity (-€2.2m) and a net result of -€1.1m. Equity has been shrinking by about 48% per year since 2021. Its solvency ranks better than 5% of 186 sector peers (NACE 22, financial year 2025). The company has been active since 2020 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Official details
Source: KBO- Status
- Active since 06-08-2020 Normal situation
- Activity
- Manufacture of rubber and plastic products NACE 22120and 2 others
- Establishment unit
- 2.306.008.219 8630 Veurne, since 06-08-2020
- Financial year end
- 31 December
- Peppol
- Reachable since 20-11-2020
Financial position
- Bankruptcy probabilitywithin 12 months
- 3.0%
- Gross margin
- -€1.0m
- Loss
- €1.1m
- Equity
- -€2.2m
- ▼ 97.8%
- Total assets
- €2.4m
- ▼ 12.2%
- Negative equity on 31-12-2025
- 2025 accounts filed 75 days after the deadline
Score breakdownraises riskLoss of €1.1m (financial year 2025)Last filed accounts filed 75 days late; 2 of the last 3 accounts lateNegative equity -€2.2mlowers riskSize: total assets €2.4mShow the evidence
Checked score
About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).
Calculation
The band follows from the bankruptcy probability. 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 22, small). It does better than 2% of them on solvency, 2% on liquidity, 2% on profitability and 2% on growth.
The bankruptcy probability was computed on 03-11-2026 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. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
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Signals
The company filed its last 5 accounts on average 77 days after the deadline. In the sector (NACE 22), the median for financial year 2024 was 14 days before the deadline, and 34% of those companies filed late.
Searched, nothing found (2)
Key points
Recent changes
- · Gazette deed Incorporation
Comparable companies
These companies have the same main activity as Square Silicone Material Belgium: manufacture of rubber and plastic products (NACE 22120). They are comparable in size and age: total assets between €398,000 and €9.4m, founded between 1994 and 2018.
| Company | Total assets | Gross margin |
|---|---|---|
| Square Silicone Material Belgium Veurne | €2.4m | -€1.0m |
| HANNECARD BENELUX Ronse | €8.6m | - |
| Lutze Conveying Belux Ternat | €5.0m | - |
| BEKINA COMPOUNDS Kluisbergen | €7.2m | - |
| SIMTECH Tournai | €9.4m | - |
| MBS Roeselare | €5.3m | - |
| ELASTO PROXY EUROPE Sint-Niklaas | €0.4m | €0.04m |
Key facts about Square Silicone Material Belgium
- What is the company number of Square Silicone Material Belgium?
- The company number of Square Silicone Material Belgium is 0751.842.149. The VAT number is the same number with BE in front: BE 0751.842.149.
- Where is Square Silicone Material Belgium based?
- The registered office is at Peter Benoitlaan 28, 8630 Veurne.Company details
- What does Square Silicone Material Belgium do?
- According to the KBO register, the main activity is manufacture of rubber and plastic products (NACE 22120).
- What is the legal form of Square Silicone Material Belgium?
- The legal form of Square Silicone Material Belgium is Private limited company (BV).
- When was Square Silicone Material Belgium founded?
- Square Silicone Material Belgium was founded on 06-08-2020.
- Is Square Silicone Material Belgium still active?
- Yes, Square Silicone Material Belgium is an active enterprise in the KBO register.
- What is the turnover of Square Silicone Material Belgium?
- The annual accounts for financial year 2025 state no turnover. The abbreviated format does not require it.Financials
- Is Square Silicone Material Belgium profitable?
- In financial year 2025, Square Silicone Material Belgium made a loss of €1.1m.
- Where can I find the annual accounts of Square Silicone Material Belgium?
- Square Silicone Material Belgium filed 5 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of Square Silicone Material Belgium due?
- Square Silicone Material Belgium must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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