Losses
-€13,171 in two years
The 2024 and 2025 financial years closed with a loss. 2025 was the heaviest.
SQUARELABS
Lifetime
3 annual accounts with figures on one time axispeak €37,640 (2023)
€4,753▲ €5,879
lowest -€6,701 (2025)
-€6,701▼ €230
peak €25,477 (2023)
€12,306▼ 35.3%
€11,943▼ 63.5%
Board2 names since 2023
2 directors and 1 other
Documentsfilings and deeds
27-08-202627 days late
2025micro format
Gross margin from -€1,126 to €4,753Loss of €6,701Equity from €19,007 to €12,306Debts from €32,719 to €11,943Cash from €3,015 to €7,009
Key points
from the 2025 annual accountsTurnover
≈ €22,000 estimated
The micro format states no turnover.
Liquidity
1.89 was 1.37 in 2024
Short-term debts fell from €32,719 to €11,943.
Filings
3 annual accounts 3 late
The 2024 accounts came latest: 92 days after the end of the period.
At the same address
581 companies
Position in the sector
-€6,701
Lower net result than 87% of companies in head offices and management consultancy. Sector median €26,448 · 41,229 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 3,224 companies had the same profile as SQUARELABS has now. Each dot stands for 9 companies, two years later.
87.8%
were still trading
8.7%
stopped another way
3.3%
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 3,224 companies, not a prediction for SQUARELABS. 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
Director, , since 17-02-2023
Director, , since 17-02-2023
- 50 sharesdeed of 23-02-2023
- 50 sharesdeed of 23-02-2023
Recent changes
Registered office moved from Ixelles to Brussels
New registered office: Avenue Louise 231, 1050 Bruxelles · Previous registered office: Avenue Louise 523, 1050 Ixelles · General meeting of 29-06-2026 · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0798706116
Incorporation
Founding capital of €1,500, 100 shares · Appointments: (director) and (director) · Permanent representatives: and · published on 23-02-2023 · Gazette deed
First establishment
Louizalaan 523, Brussels
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| SQUARELABS Brussels | €24,249 | €4,753 | 50.7% | - |
| Thorium Brussels | €20,160 | €4,629 | 80.9% | - |
| Financial Markets Consulting Services Ixelles | €26,118 | €4,251 | 24.1% | - |
| IMMERSAVE Jette | €22,046 | €4,836 | 59.5% | - |
| CYDB Woluwe-Saint-Pierre | €23,784 | €3,977 | -9.6% | - |
| Mind Development Agency Anderlecht | €27,911 | €4,801 | 15.6% | - |
| SDG9 Leuven | €24,783 | €4,694 | 82.9% | - |
These companies have the same main activity as SQUARELABS: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €20,200 and €27,900, founded between 2022 and 2023.
Official details
Source: KBO- Status
- Active since 21-02-2023Normal situation
- Registered office
- 582 active companies are registered at this address52 started in the 12 months before. Source: KBO register, as of 12 November 2026.
- Activity
- Business and other management consultancyNACE 70200and 4 others
- Establishment unit
- 2.355.750.4131050 Brussels, since 21-02-2023
- Financial year end
- 31 December
- Peppol
- Reachable since 24-11-2023
Insights on SQUARELABS
SQUARELABS files the micro format. That format states no turnover. The gross margin fell from €37,640 in 2023 to €4,753 in 2025.
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 SQUARELABS
- What is the company number of SQUARELABS?
- The company number of SQUARELABS is 0798.706.116. The VAT number is the same number with BE in front: BE 0798.706.116.
- Where is SQUARELABS based?
- The registered office is at Louizalaan 231, 1050 Brussels.Company details
- What does SQUARELABS do?
- According to the KBO register, the main activity is business and other management consultancy (NACE 70200).
- What is the legal form of SQUARELABS?
- SQUARELABS is a private limited company (BV).
- When was SQUARELABS founded?
- SQUARELABS was founded on 21-02-2023.
- Is SQUARELABS still active?
- Yes, SQUARELABS is an active enterprise in the KBO register.
- What is the turnover of SQUARELABS?
- The turnover in financial year 2025 is ≈ €22,000. This figure is estimated from the gross margin of €4,753 and 206 comparable companies (NACE 70200). It probably lies between €10,000 and €44,000. It is a rough estimate.Financials
- Is SQUARELABS profitable?
- In financial year 2025, SQUARELABS made a loss of €6,701.
- Where can I find the annual accounts of SQUARELABS?
- SQUARELABS filed 3 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of SQUARELABS due?
- SQUARELABS must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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