SQUARE UP SOFTWARE
ActiveSummary
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 21,130 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).
Overview
Overview
Official details
Source: KBO- Status
- Active since 16-01-2025 Normal situation
- Activity
- Computer programming NACE 62100and 4 others
- Establishment unit
- 2.368.800.970 1300 Wavre, since 16-01-2025
- Financial year end
- 31 December
- Peppol
- Reachable since 11-06-2025
Board and ownership
- MALENGREAU Syméon Baudouin Jérémie Xavier SilvainDirector · since 16-01-2025
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.1%
- Gross margin
- -€12,403
- Loss
- €13,465
- Equity
- €6,535
- Total assets
- €16,998
Score breakdownraises riskCapped at 59: a net loss of at least half of total assets or of the equity at the start of the financial yearLoss of €13,465 (financial year 2025)lowers riskSector: Computer programming, consultancy and related activities (NACE 62)Size: total assets €16,998Liquidity: current ratio 26.03, cash €8,683Show the evidence
Checked score
Fewer than 1 in 1,000 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 62, micro). It does better than 34% of them on solvency, 96% on liquidity and 5% on profitability.
The bankruptcy probability was computed on 01-11-2026 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
Searched, nothing found (1)
Financials
Financials · financial year 2025, micro format
Annual accounts 2025 filed on 30-06-2026 at the NBB
Turnover and EBIT margin are not published. The micro format does not require them.
Investments
| Item | 2025 |
|---|---|
| Tangible fixed assets | €1,486 |
| Intangible fixed assets | €2,200 |
| Depreciation and write-downs of the year | €1,062 |
Source: notes to the 2025 annual accounts (statement of fixed assets)
Comparable companies
These companies have the same main activity as SQUARE UP SOFTWARE: computer programming (NACE 62100). They are comparable in size and age: total assets between €16,700 and €20,300, founded between 2024 and 2025.
| Company | Founded | Total assets | Equity | Gross margin | Net result | Financial year |
|---|---|---|---|---|---|---|
| SQUARE UP SOFTWARE Wavre | 2025 | €16,998 | €6,535 | -€12,403 | -€13,465 | 2025 |
| SYMEP Rixensart | 2024 | €18,316 | -€32,880 | -€20,447 | -€31,238 | 2025 |
| Tracee Gent | 2025 | €17,255 | €14,207 | -€4,303 | -€5,793 | 2025 |
| ABX Dynamics Elsene | 2025 | €19,618 | -€277 | -€2,193 | -€3,277 | 2025 |
| TipTong Gent | 2024 | €16,696 | €13,222 | -€39,279 | €8,222 | 2025 |
| WEIOT Evere | 2025 | €19,804 | €19,804 | -€90 | -€196 | 2025 |
| Portomundi Services Bonheiden | 2024 | €20,317 | €1,061 | -€2,781 | -€8,939 | 2025 |
They were chosen from the 9,111 other active companies with that main activity and annual accounts from the past two years. All companies with this main activity
Companies with the same profile, two years later
Historical observationIn July 2024, 584 companies had the same profile as SQUARE UP SOFTWARE has now. Two years later, 1.4% had gone bankrupt and 92.6% were still going.
- Micro
- under 2 years old
- solvency 30% or more
- a loss of 10% of the balance sheet or more
The bankruptcy probability of SQUARE UP SOFTWARE itself is lower: 0.1% within 12 months. It rests on far more data about SQUARE UP SOFTWARE than the profile alone.
Test of the method
The method was tested on the 497,445 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 584 companies, not a prediction for SQUARE UP SOFTWARE. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
| Line | 2025 |
|---|---|
| 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 |
| Line | 2025 | |
|---|---|---|
| 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 | |
| Line | 2025 |
|---|---|
| Profit (loss) for the period9904 | -€13,465 |
| + Depreciation and write-downs630 | €1,062 |
| Operating cash flow (approximation) | -€12,403 |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Filings with the National Bank (1)
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 30-06-2026 | 2026-00239114 | NBB |
Board & ownership
Directors
Owners and capital
Shareholders
- MALENGREAU Syméon Baudouin Jérémie Xavier Silvain 100,000 shares (100%) · €20,000
Capital transactions
- 20-01-2025 Incorporation · €20,000 · 100,000 shares
Articles of association
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- “Tenu de continuer jusqu'à remplacement ou décharge, ad nutum majorité absolue, peut accorder indemnité de départ”
Articles of association, deed of 20-01-2025 (in French)
Network & group
SQUARE UP SOFTWARE shares no director with another company.
Connections & network
1 current directorThe network starts from the directors of SQUARE UP SOFTWARE. Every other company they run is a node.
Timeline
Acts, filings and financial milestones
20-01
Gazette deed
IncorporationStarting capital €20,000 · Appointment: MALENGREAU Syméon Baudouin Jérémie Xavier Silvain (director) · Registered office clause · Board rule9 points ▸
- Registered office clause, “Wavre,avenue du Ruisseau du Godru,50” (deed in French)
- Board rule, 1, “assemblée” (deed in French)
- Director appointment, MALENGREAU Syméon Baudouin Jérémie Xavier Silvain (director (not named in the articles))
- Pre-incorporation commitments, ratification, “actes et engagements antérieurs du fondateur au nom société” (deed in French)
- Incorporation, 16-01-2025
- Founder, MALENGREAU Syméon Baudouin Jérémie Xavier Silvain (comparant fondateur)
- Founding capital, €20,000
- Other provision, “établissement des statuts” (deed in French)
- Capital
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
Company details
Register details
Identity
KBO recordRegistered office and establishments
Activities
NACEBEL 202513 activities
- Les activités liées directement ou indirectement à la recherche, le développement et la vente de logiciels et de systèmes informatiques ;
- La consultance en informatique, ainsi que toutes activités ou études se rapportant au secteur informatique et à la communication en général ;
- Toutes prestations dans le domaine de l’informatique et notamment l’achat, la vente, en gros et en détail, l’importation, l’exportation, la fabrication, l’assemblage, la production, la distribution, la création, l’étude, le développement, la location, l’installation, la maintenance, l’entretien et la réparation de tous logiciels, progiciels, programmes, systèmes et matériels informatiques et électroniques ;
- Toutes activités de conseils et d’assistance dans les domaines de l’informatique et de l’électronique telles que la création, la programmation, le développement, la distribution, l’installation, la mise en service de supports informatiques aussi bien en matière de software que de hardware et la centralisation des données ;
- L’achat, l’exploitation, la location, la cession, et le dépôt de tous brevets, licences, marques de fabrique se rattachant à l’objet de la société ;
- Toute activité de création, d’organisation, d’exploitation de tous sites internet, de réseaux internet ou intranet ou de tout autre type de réseaux connus ou à venir. Cette activité se fera tant au niveau de la prestation de services et conseils, qu’au niveau de la fourniture et de l’entretien de matériel;
- Toute activité de gestion, d’administration, de direction et d’organisation. Elle pourra dans ce cadre, notamment assurer la gestion journalière et la représentation de toutes personnes liées ou non ;
- La fourniture à sa clientèle de tous services, notamment le développement de logiciels, l’assistance informatique chez le client et le recrutement d’informaticiens;
- Toutes prestations et activités généralement quelconques de bureaux d’études, de formation de personnel, de conseil en organisation dans les domaines ayant un rapport direct ou indirect avec l’informatique, l’électronique et les réseaux internet ou intranet, au sens le plus large du terme
- La société pourra louer ou sous louer, acquérir des droits réels ou la pleine propriété de tout immeuble dans le but soit d’y établir son siège social, un siège d’exploitation ou d’y loger son/ses dirigeant(s) et les membres en ligne directe de leur famille à titre de résidence principale ou secondaire.
- La prise de participations, sous quelque forme que ce soit, dans toutes sociétés belges ou étrangères, l’acquisition par voie d’achat, de souscription, d’échange ou de toute autre manière ainsi que l’aliénation par vente, échange ou toute autre manière, d’actions, d’obligations, de bons de valeurs mobilières de toutes espèces, la gestion au sens plus large du terme, l’amélioration et la mise en valeur du portefeuille qui lui sera apporté, qu’elle acquerra ou dont elle détiendra tout droit ;
- Elle aura aussi pour objet, tant pour son compte propre que pour compte de tiers ou en participation avec des tiers, la réalisation d’investissements immobiliers tels qu’acheter, restaurer, aménager, construire ou transformer, donner et prendre en location tous immeubles ainsi que céder tous droits sur ces immeubles. Elle peut se porter caution ou donner son aval au profit de sociétés et de personnes physiques, leur consentir des crédits leur accorder des avances ou des garanties hypothécaires ou autres. La société pourra s’intéresser par voie d’apport, de fusion, de souscription ou de toute autre manière, dans toutes entreprises, associations ou sociétés ayant un objet similaire, analogue ou connexe ou de nature à favoriser celui de la société.
- Elle pourra faire toutes opérations mobilières, immobilières, financières, commerciales et industrielles se rapportant directement ou indirectement à son objet.
Invoicing and payment
Financial year and general meeting
Accounts at the NBBSites & property
Buildings and parcels at the address
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 25772G0037/00E000 | Wallonia | 1,948 m² | 1 · 194 m² | - |