Checked.be
Active
BE 1018.821.682Private limited company
SQUARE UP SOFTWARE
Avenue du Ruisseau du Godru 50 ·1300 Wavre, Belgium· 1 yrs active
Sector: Computer programming
(62100)
Conclusion
SQUARE UP SOFTWARE has been active since 2025 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €7k and a net result of €-13k. Its solvency ranks better than 33% of 16619 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).
Based on the State Gazette, CBE and 1 annual account.
Key figures
| Equity | €7k |
| Net result | €-13k |
| Better than sector | 33% |
| Active | 1 yrs |
Financial profile
52
/ 100
Mixed profile: strong on solvency, weaker on profitability.
Computed on 4 of 5 axes. Not measured: growth. An unmeasured axis is not a zero: no data was read for it.
Health
58
Profitability
0
Solvency
82
Growth
-
Stability
67
Bankruptcy probability (12 mo)
Risk Assessment
0 / 100
Low riskTrust signals
Young company
Founded in 2025, under 3 years, statistically higher risk.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.
Administrative Flags
No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
Checked score
58
/ 100
Fair
Computed from 3 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.
Indicative credit limit
€500
estimate, not credit advice
Score components
Liquidity
Current ratio 26.03 (≥ 1.5)
+10
Quick ratio
Quick ratio 26.03 (≥ 1.0)
+5
Leverage
Debt/equity 1.60 (< 2.0)
+3
Profitability
Negatieve ROE -206%
-10
Computed by Checked from the NBB filing for FY 2025. Indicative, not credit advice.
Financial overview
Annual accounts filed on 30-06-2026 with the NBB · fiscal year 2025 · micro schema
Sector comparison
Fiscal year 2025 · NACE 62, Computer programming, consultancy and related activities · compared within the same schema type (micro schema)
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 38.4% | 60.0% | |
| Net result | €-13k | €29k | |
| Equity | €7k | €72k | |
| Gross operating margin | €-12k | €55k | |
| Total assets | €17k | €141k |
Figures by fiscal year and ratios
| Fiscal year | 2025 |
|---|---|
| Deposit | micro schema |
| Revenue | - |
| EBITDA | €-12k |
| Net profit | €-13k |
| Cash flow | €-12k |
| Staff costs | - |
| Income taxes | - |
| Dividends | - |
| Total assets | €17k |
| Equity | €7k |
| Debt | €10k |
| of which ≤ 1y | €463 |
| of which > 1y | €10k |
| Working capital | €12k |
| Employees (FTE) | - |
Ratios (computed)
| 2025 | |
|---|---|
| Current ratio | 26.03 |
| Quick ratio | 26.03 |
| Working capital ratio | 68.1% |
| Solvency | 38.4% |
| Debt / equity | 1.60 |
| Long-term debt ratio | 1.53 |
| Interest coverage | - |
| Gross margin | - |
| Net margin | - |
| ROA | -79.2% |
| ROE | -206.0% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
Balance-sheet composition 2025
Full annual accounts (21 line items)
Filed balance sheet and income statement, exactly as deposited with the NBB.
| Line item | Code | 2025 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €17k |
| Fixed assets | 21/28 | €3k |
| Formation expenses | 20 | €2k |
| Intangible fixed assets | 21 | €2k |
| Tangible fixed assets | 22/27 | €1k |
| Current assets | 29/58 | €12k |
| Amounts receivable within one year | 40/41 | €787 |
| Cash & bank | 54/58 | €9k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €17k |
| Equity | 10/15 | €7k |
| Contributions / capital | 10/11 | €20k |
| Accumulated profits (losses) | 14 | €-13k |
| Amounts payable | 17/49 | €10k |
| Amounts payable after one year | 17 | €10k |
| Amounts payable within one year | 42/48 | €463 |
| Trade debts payable within one year | 44 | €463 |
| Income statement | ||
| Gross operating margin | 9900 | €-12k |
| Operating result | 9901 | €-13k |
| Result before taxes | 9903 | €-13k |
| Net result for the period | 9904 | €-13k |
| Result to be appropriated | 9905 | €-13k |
Legal Structure
| NACE primary | Computer programming(62100) |
| Legal form | Private limited company(610) |
| Incorporation | 16-01-2025 |
| Status | Active |
| Postal code | 1300 |
Establishment units
SQUARE UP SOFTWARE
since 20252.368.800.970
Real-estate footprint
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25772G0037/00E000 | Wallonia | 1,948 m² | 1 · 194 m² | - |
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Updates
2026
30-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
NBB filing
Belgian State Gazette reading coverage
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
Credit advice
Company registry (CBE)
Activities
Computer programming62100Other software publishing58290Computer consultancy and computer facilities management62200Other information technology and computer services62900Computing infrastructure, data processing, hosting and related activities63100
Names & trade names
| Legal nameFR | SQUARE UP SOFTWARE |
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