SquareL
ActiveSquareL has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €101k and a net result of €45k. Equity is growing by ~14.8% per year across the filed fiscal years. Its solvency ranks better than 36% of 16935 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
86
/ 100
Excellent▼ -14 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency75▼-24
Growth78=
Stability100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €9k at 30 days acceptable
Liquidity tight (current ratio 1.44 against 2.7 in 2024), and 56.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Sector 62
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
43.6%
Return on assets
19.7%
Age of the figures
8 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 11-05-2026, 81 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
81 d early
2024
1 d late
2023
16 d late
2022
24 d late
2021
23 d late
2020
27 d late
2019
31 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
15-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€101k▼ 18.7%
2024 · €124k
2018: €26k
2019: €38k
2020: €64k
2021: €103k
2022: €119k
2023: €104k
2024: €124k
2018 → 2025
Total assets
€231k▲ 18.2%
2024 · €196k
2018: €116k
2019: €123k
2020: €149k
2021: €309k
2022: €302k
2023: €228k
2024: €196k
2018 → 2025
Net result
€45k▲ 41.7%
2024 · €32k
2018: €14k
2019: €12k
2020: €27k
2021: €111k
2022: €58k
2023: €19k
2024: €32k
2018 → 2025
Working capital
€44k▼ 27.8%
2024 · €60k
2018: €11k
2019: €10k
2020: €34k
2021: €30k
2022: €36k
2023: €32k
2024: €60k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€103k-€119k▲ 14.7%€104k▼ 12.1%€124k▲ 18.8%€101k▼ 18.7%
Operating result€152k-€79k▼ 48.1%€28k▼ 64.5%€48k▲ 70.1%€65k▲ 36.0%
Net result€111k-€58k▼ 47.7%€19k▼ 66.9%€32k▲ 66.8%€45k▲ 41.7%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 36% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €231k
Fixed assets
€88k▼ 12.1%
Current assets
€144k▲ 49.8%
Equity and liabilities €231k
Equity
€101k▼ 18.7%
Debt
€131k▲ 82.1%
The debt ratio rises from 36.6% to 56.4%: debt grows while equity shrinks.
Key figures and ratios
EBITDA
€81k▲
2024 · €65k
Cash flow
€62k▲
2024 · €49k
Solvency
43.6%▼
2024 · 63.4%
Current ratio
1.44▼
2024 · 2.70
Quick ratio
1.44▼
2024 · 2.70
Debt / equity
1.30▲
2024 · 0.58
ROE
45.1%▲
2024 · 25.9%
ROA
19.7%▲
2024 · 16.4%
Interest coverage
55.68▲
2024 · 39.23
Debt
€131k▲
2024 · €72k
Debt ≤ 1 year
€100k▲
2024 · €35k
Debt > 1 year
€31k▼
2024 · €36k
Income taxes
€19k▲
2024 · €14k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€196k€231k▲
Fixed assets21/28€100k€88k▼
Tangible fixed assets22/27€100k€88k▼
Land and buildings22€74k€69k▼
Furniture and vehicles24€20k€13k▼
Leasing and similar rights25€5k€5k▼
Financial fixed assets28€115€115=
Current assets29/58€96k€144k▲
Amounts receivable within one year40/41€72k€85k▲
Trade receivables40€19k€33k▲
Other amounts receivable41€52k€52k▼
Cash at bank and in hand54/58€22k€57k▲
Deferred charges and accrued income490/1€2k€2k▼
Equity and liabilities
Total equity and liabilities10/49€196k€231k▲
Equity10/15€124k€101k▼
Contributions10/11€6k€6k=
Reserves13€118k€95k▼
Distributable reserves133€118k€95k▼
Amounts payable17/49€72k€131k▲
Amounts payable after more than one year17€36k€31k▼
Financial debts170/4€36k€31k▼
Amounts payable within one year42/48€35k€100k▲
Current portion of amounts payable after more than one year42€5k€6k▲
Trade debts44€11k€11k▼
Suppliers440/4€11k€11k▼
Taxes, remuneration and social security45€6k€14k▲
Taxes450/3€6k€12k▲
Remuneration and social security454/9-€2k
Other amounts payable47/48€12k€69k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€17k€16k▼
Other operating charges640/8€387€400▲
Non-recurring operating charges66A-€410
Gross operating margin9900€65k€82k▲
Operating profit (loss)9901€48k€65k▲
Financial income75/76B€201€893▲
Recurring financial income75€201€893▲
Financial charges65/66B€2k€1k▼
Recurring financial charges65€2k€1k▼
Profit (loss) for the period before taxes9903€46k€64k▲
Income taxes67/77€14k€19k▲
Profit (loss) for the period9904€32k€45k▲
Profit (loss) for the period to be appropriated9905€32k€45k▲
Appropriation of the result
Profit (loss) to be appropriated9906€32k€45k▲
Transfer from equity791/2€12k€69k▲
Transfer to equity691/2€32k€45k▲
To other reserves6921€32k€45k▲
Profit to be distributed694/7€12k€69k▲
Return on contributions (dividend)694€12k€69k▲
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
11-05
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
01-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 1 day late
2024
16-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 16 days late
2023
24-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 24 days late
2022
23-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 23 days late
2021
31-12
Financial
Highest result since 2018net €111k ▲317%
Operating result €152k, net result €111k, both a record.
31-12
Financial
Equity above €100kEq €103k ▲62%
4 profitable years in a row build equity to €103k.
27-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 27 days late
2020
31-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 31 days late
2019
31-12
Financial
Weakest financial yearnet €12k ▼13.4%
Net result drops to €12k, the lowest in the series; recovery starts the following year.
13-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
21-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 21 days late
2017
23-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 23 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Chaumont-Gistoux · 1 establishment unit since 2011
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Rue de Mèves, Corroy 521325 Chaumont-GistouxGround area
813 m²
Building footprint
98 m²
Volume, LiDAR
573 m³
Parcel 25021A0077/00L000, Wallonia · tallest building 6.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
SquareL
since 20112.197.854.803
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25021A0077/00L000 | Wallonia | 813 m² | 1 · 98 m² | 6.8 m · 2 fl. |
Linked by address, not proof of ownership
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.
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Balen · Eq €101k
Of 29,884 companies in sector 62200 we hold annual accounts for 18,321. 15,515 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded04-04-2011
Fiscal year end31-12
Activities, NACEBEL
62020IT consultancy
62200Computer consultancy and computer facilities management
62010Computer programming, consultancy and related activities
62100Computer programming
Sources
Crossroads Bank for EnterprisesNational Bank · 14 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesE-mail:mayne.sebastien@gmail.com
Phone:0478/442717