Equity
€1.1m ▲ 36×
Equity rose in 2025: capital increase.
Squaredev
Lifetime
7 annual accounts with figures on one time axispeak €714,504 (2025)
€714,504▲ 627%
lowest -€80,625 (2023)
€33,913▼ 45.8%
peak €1.1m (2025)
€1.1m▲ 36×
€608,766▼ 48.9%
Board10 names since 2018
6 directors and 5 others
Documentsfilings and deeds
31-08-202631 days late
2025abbreviated format
Gross margin from €98,310 to €714,504Result from €62,538 to €33,913Capital increase of €1,000,000 24-10New director 17-06Equity from €29,717 to €1.1mDebts from €1.2m to €608,766
Key points
from the 2025 annual accountsTurnover
≈ €1.9m estimated
The accounts state no turnover.
Investments
€101,414 8.7 × depreciation
Green is investment, beige is depreciation.
Liquidity
4.74 was 1.03 in 2024
Short-term debts fell from €1.2m to €329,939.
Filings
7 annual accounts 6 late
The 2020 accounts came latest: 118 days after the end of the period.
At the same address
264 companies
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 1,638 companies had the same profile as Squaredev has now. Each dot stands for 5 companies, two years later.
95.5%
were still trading
3.7%
stopped another way
0.5%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,331 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 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
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 1,638 companies, not a prediction for Squaredev. 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.
Credit verdict
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Signals
Board and ownership
Daily manager,
Director
Director
Director
Director
Auditor
- 80 sharesdeed of 16-10-2018
- 30 sharesdeed of 16-10-2018
- 30 sharesdeed of 16-10-2018
Recent changes
Capital increase of €1,000,000
Resignations: (statutory director) and (director) · Appointments: , and · General meeting of 09-10-2025 · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0708967159
New director
appointed, resigned · Permanent representatives: and · Director discharge: · General meeting of 28-03-2025 · Gazette deed
1 director appointed, 1 resignation
Resignation: · Appointment: · Permanent representative: · General meeting of 06-10-2022 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| Squaredev Brussels | €1.7m | €714,504 | 63.6% | - |
| Avenir Reply Brussels | €1.8m | €617,294 | -98.6% | 4.4 |
| ON-HERTZ Mons | €1.9m | €783,726 | 29.8% | 4.6 |
| CaptureAge Mechelen | €1.6m | €733,073 | 39.3% | - |
| Squadron Waregem | €1.8m | €788,063 | 10.9% | 6.6 |
| PIXNAMI Genk | €1.4m | €758,927 | 28.3% | 4.7 |
| PENBOX Etterbeek | €1.6m | €573,471 | 16.0% | 2.4 |
These companies have the same main activity as Squaredev: computer programming (NACE 62100). They are comparable in size and age: total assets between €1.4m and €1.9m, founded between 2018 and 2019.
Official details
Source: KBO- Status
- Active since 12-10-2018Normal situation
- Registered office
- 265 active companies are registered at this address28 started in the 12 months before. Source: KBO register, as of 12 November 2026.
- Activity
- Computer programmingNACE 62100and 1 other
- Establishment unit
- 2.281.273.8131000 Brussels, since 12-10-2018
- Financial year end
- 31 December
- Peppol
- Reachable since 03-07-2025
Insights on Squaredev
Squaredev files the abbreviated format. That format states no turnover. The gross margin rose from €7,549 in 2019 to €714,504 in 2025.
In 2025, three directors stepped down.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about Squaredev
- What is the company number of Squaredev?
- The company number of Squaredev is 0708.967.159. The VAT number is the same number with BE in front: BE 0708.967.159.
- Where is Squaredev based?
- The registered office is at Kantersteen 47, 1000 Brussels.Company details
- What does Squaredev do?
- According to the KBO register, the main activity is computer programming (NACE 62100).
- What is the legal form of Squaredev?
- Squaredev is a private limited company (BV).
- When was Squaredev founded?
- Squaredev was founded on 12-10-2018.
- Is Squaredev still active?
- Yes, Squaredev is an active enterprise in the KBO register.
- How many employees does Squaredev have?
- Squaredev had an average of 1 full-time equivalents in financial year 2023, according to the filed annual accounts.Financials
- What is the turnover of Squaredev?
- The turnover in financial year 2025 is ≈ €1.9m. This figure is estimated from the gross margin of €714,504 and 149 comparable companies (NACE 62). It probably lies between €1.3m and €3.0m.
- Is Squaredev profitable?
- In financial year 2025, Squaredev made a profit of €33,913.
- Where can I find the annual accounts of Squaredev?
- Squaredev filed 7 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of Squaredev due?
- Squaredev must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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