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SQUARE UP SOFTWARE

Active
Private limited companyfounded 2025active for 1 yearAvenue du Ruisseau du Godru 50, 1300 Wavre, BelgiumKBO/BCE: BE 1018.821.682
Summary

The annual accounts of SQUARE UP SOFTWARE for financial year 2025 show a net loss of 79% of total assets. The 2025 annual accounts show equity of €6,535 and a net result of -€13,465. Its solvency ranks better than 33% of 21,059 sector peers (NACE 62, financial year 2025). The company has been active since 2025 and the Belgian Official Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.1% (very low).

Financials · financial year 2025, micro format

Equity
€6,535
Total assets
€16,998
Net result
-€13,465
Working capital
€11,579

Turnover and EBIT margin not published: the micro format does not require them.

Balance-sheet composition
Assets €15,108
Fixed assets €3,066
Current assets €12,042
Equity and liabilities €16,998
Equity €6,535
Debt €10,463
Debt finances 61.6% of the balance-sheet total.
Key figures and ratios
2025 value
EBITDA
-€12,403
Cash flow
-€12,403
Current ratio
26.03
Debt to equity
1.60
ROE
-206.0%
ROA
-79.2%
Debt ≤ 1 year
€463
Debt > 1 year
€10,000

Peer companies

Historical observation

Of the 584 companies that looked in July 2024 the way this one looks now, 1.4% went bankrupt within 24 months and 92.6% are still going.

  • Micro
  • under 2 years old
  • solvency 30% or more
  • a loss of 10% of the balance sheet or more
1.4% went bankrupt
6.0% stopped otherwise
92.6% still going

For this company itself Checked computes a lower bankruptcy probability: 0.1% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,473 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 584 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 · 28 lines
Balance sheet Code2025
Assets
Total assets20/58€16,998
Formation expenses20€1,890
Fixed assets21/28€3,066
Intangible fixed assets21€1,797
Tangible fixed assets22/27€1,269
Plant, machinery and equipment23€1,269
Current assets29/58€12,042
Amounts receivable within one year40/41€787
Other amounts receivable41€787
Cash at bank and in hand54/58€8,683
Deferred charges and accrued income490/1€2,571
Equity and liabilities
Total equity and liabilities10/49€16,998
Equity10/15€6,535
Contributions10/11€20,000
Profit (loss) carried forward14-€13,465
Amounts payable17/49€10,463
Amounts payable after more than one year17€10,000
Other amounts payable178/9€10,000
Amounts payable within one year42/48€463
Trade debts44€463
Suppliers440/4€463
Income statement Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,062
Gross operating margin9900-€12,403
Operating profit (loss)9901-€13,465
Profit (loss) for the period before taxes9903-€13,465
Profit (loss) for the period9904-€13,465
Profit (loss) for the period to be appropriated9905-€13,465
Appropriation of the result
Profit (loss) to be appropriated9906-€13,465

The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,062
Gross operating margin9900-€12,403
Operating profit (loss)9901-€13,465
Profit (loss) for the period before taxes9903-€13,465
Profit (loss) for the period9904-€13,465
Profit (loss) for the period to be appropriated9905-€13,465
Line2025
Assets
Total assets20/58€16,998
Formation expenses20€1,890
Fixed assets21/28€3,066
Intangible fixed assets21€1,797
Tangible fixed assets22/27€1,269
Plant, machinery and equipment23€1,269
Current assets29/58€12,042
Amounts receivable within one year40/41€787
Other amounts receivable41€787
Cash at bank and in hand54/58€8,683
Deferred charges and accrued income490/1€2,571
Equity and liabilities
Total equity and liabilities10/49€16,998
Equity10/15€6,535
Contributions10/11€20,000
Profit (loss) carried forward14-€13,465
Amounts payable17/49€10,463
Amounts payable after more than one year17€10,000
Other amounts payable178/9€10,000
Amounts payable within one year42/48€463
Trade debts44€463
Suppliers440/4€463
Line2025
Profit (loss) for the period9904-€13,465
+ Depreciation and write-downs630€1,062
Operating cash flow (approximation)-€12,403

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (1)
Financial year Type Filed Reference
31-12-2025 micro format 30-06-2026 2026-00239114

Similar companies · same sector, comparable size

Of the 16,989 active companies whose main activity is computer programming (NACE 62100), figures are known for 8,925. 3,591 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.