Checked.be
Active
BE 0543.695.391Private limited company
SQUARE51
Alphonse Vandenpeereboomstraat 162 ·1080 Sint-Jans-Molenbeek, Belgium· 12 yrs active
Sector: Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies
(70200)
Conclusion
SQUARE51 has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €109k and a net result of €44k. The computed 12-month bankruptcy probability is 0.3% (very low).
Based on the State Gazette, CBE and 1 annual account.
Key figures
| Equity | €109k |
| Net result | €44k |
| Active | 12 yrs |
| Locations | 1 |
Financial profile
68
/ 100
Strong profile, led by profitability.
Computed on 4 of 5 axes. Not measured: growth. An unmeasured axis is not a zero: no data was read for it.
Health
53
Profitability
100
Solvency
32
Growth
-
Stability
85
Bankruptcy probability (12 mo)
0.3%
Very low
0%0,5%1,5%4%10%≥25%
Lower-failure-rate sector
−Higher-failure-rate region
+Long track record
−
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
Risk Assessment
0 / 100
Low riskTrust signals
Established
Founded in 2013, 12 years in business.
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.
Health barometer
53
/ 100
Fair
Computed from 4 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.
The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.
See plans →Computed by Checked from the NBB filing for FY 2024. Indicative, not credit advice.
Financial overview
Annual accounts filed on 26-08-2025 with the NBB · fiscal year 2024 · micro schema
| Fiscal year | 2024 |
|---|---|
| Deposit | micro schema |
| Revenue | - |
| EBITDA | €67k |
| Net profit | €44k |
| Cash flow | €53k |
| Staff costs | - |
| Income taxes | €12k |
| Dividends | - |
| Total assets | €406k |
| Equity | €109k |
| Debt | €297k |
| of which ≤ 1y | €278k |
| of which > 1y | - |
| Working capital | €-116k |
| Employees (FTE) | - |
Ratios (computed)
| 2024 | |
|---|---|
| Current ratio | 0.58 |
| Quick ratio | 0.58 |
| Working capital ratio | -28.6% |
| Solvency | 26.8% |
| Debt / equity | 2.73 |
| Long-term debt ratio | - |
| Interest coverage | 24.24 |
| Gross margin | - |
| Net margin | - |
| ROA | 10.9% |
| ROE | 40.8% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
Balance-sheet composition 2024
Full annual accounts (22 line items)
Filed balance sheet and income statement, exactly as deposited with the NBB.
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €406k |
| Fixed assets | 21/28 | €244k |
| Tangible fixed assets | 22/27 | €244k |
| Financial fixed assets | 28 | €272 |
| Current assets | 29/58 | €162k |
| Amounts receivable within one year | 40/41 | €2k |
| Cash & bank | 54/58 | €159k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €406k |
| Equity | 10/15 | €109k |
| Contributions / capital | 10/11 | €19k |
| Reserves | 13 | €90k |
| Amounts payable | 17/49 | €297k |
| Amounts payable within one year | 42/48 | €278k |
| Trade debts payable within one year | 44 | €3k |
| Income statement | ||
| Gross operating margin | 9900 | €69k |
| Operating result | 9901 | €59k |
| Financial income | 75 | €55 |
| Financial charges | 65 | €3k |
| Result before taxes | 9903 | €57k |
| Income taxes | 67/77 | €12k |
| Net result for the period | 9904 | €44k |
| Result to be appropriated | 9905 | €44k |
Ratios computed by Checked.
Legal Structure
| NACE primary | Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies(70200) |
| Legal form | Private limited company(610) |
| Incorporation | 31-12-2013 |
| Status | Active |
| Postal code | 1080 |
Establishment units
SQUARE51
since 20132.226.801.977
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Real-estate footprint
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.
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21523B0905/00B011 | Brussels | 2,546 m² | 1 · 2,010 m² | 64.4 m · 6 fl. |
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
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
2025
26-08-2025 NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
30-08-2024 NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
23-08-2023 NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
30-08-2022 NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
24-08-2021 NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
27-08-2020 NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
29-08-2019 NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
31-08-2018 NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
28-08-2017 NBB filing Annual accounts filed
fiscal year 2016 · micro schema
2016
26-08-2016 NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema
Belgian State Gazette reading coverage
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Credit advice
Company registry (CBE)
Activities
Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies70200Overige adviesbureaus op het gebied van bedrijfsbeheer; adviesbureaus op het gebied van bedrijfsvoering70220
Primary activity highlighted.
Names & trade names
| Legal nameNL | SQUARE51 |
Registered office
Alphonse Vandenpeereboomstraat 162 bus 111
1080 Sint-Jans-Molenbeek, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.
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