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SQUARELOOP

Active
Private limited companyfounded 200422 yrs activeLakenweversstraat 40, 1050 Elsene, BelgiumKBO/BCE: BE 0866.211.483
Summary

The computed 12-month bankruptcy probability of SQUARELOOP is 5.2% (elevated). For SQUARELOOP, at least two filing cycles of the annual accounts are missing. The 2023 annual accounts show negative equity (-€82,833) and a net result of -€582. Equity remains stable across the filed fiscal years (±1.1% per year). The company has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

No current score
Figures too old
The available figures for FY 2023 are too old to assess current financial health.
Bankruptcy probability: Elevated
Filing: At least two filing cycles are missing
Axes, FY 2023 · tick = 2022
Profitability5▲+5
Solvency0=
Growth58=
Track record100
Bankruptcy probability, 12 months
5.2% Elevated
0%0.5%1.5%4%10%≥ 25%
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Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2023
Age of the figures
Age of the figures
33 mo
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 22 years 0 30 y
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 10 filings
Position against the passed deadline
31-12-2024 close31-07-2025 deadline28-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 22-08-2024, 22 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
not filed
2023
22 d late
2022
28 d late
2021
23 d late
2020
17 d late
2019
31 d late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 5 accounts on average 24 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

SQUARELOOP was incorporated on 7 July 2004.1 Total assets fell from EUR 21,898 in 2018 to EUR 4,513 in 2023.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2023

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Financials · fiscal year 2023, micro schema

Equity
-€82,833▼ 0.7%
2022 · -€82,251
Total assets
€4,513▼ 0.2%
2022 · €4,521
Net result
-€582▲ 15.5%
2022 · -€689
Working capital
-€82,833▼ 0.7%
2022 · -€82,251
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20192020202120222023
Operating result-€947▲ 93.7%-€812▲ 14.3%-€1,007▼ 24.1%-€659▲ 34.6%-€517▲ 21.5%
Net result-€4,487▲ 70.3%-€914▲ 79.6%-€1,057▼ 15.7%-€689▲ 34.8%-€582▲ 15.5%
Equity-€79,591▼ 6.0%-€80,505▼ 1.1%-€81,562▼ 1.3%-€82,251▼ 0.8%-€82,833▼ 0.7%
Total assets€5,914▼ 73.0%€4,770▼ 19.4%€4,551▼ 4.6%€4,521▼ 0.7%€4,513▼ 0.2%
Debt€85,505▼ 11.9%€85,274▼ 0.3%€86,113▲ 1.0%€86,772▲ 0.8%€87,346▲ 0.7%
Working capital-€79,591▼ 6.0%-€80,505▼ 1.1%-€81,562▼ 1.3%-€82,251▼ 0.8%-€82,833▼ 0.7%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€6,000-€4,000-€2,000€0Operating result 2019: -€947-€947Net result 2019: -€4,487-€4,487Operating result 2020: -€812-€812Net result 2020: -€914-€914Operating result 2021: -€1,007-€1,007Net result 2021: -€1,057-€1,057Operating result 2022: -€659-€659Net result 2022: -€689-€689Operating result 2023: -€517-€517Net result 2023: -€582-€58220192020202120222023-€1,500-€1,000-€500€0Operating result 2021: -€1,007-€1,010Net result 2021: -€1,057-€1,060Operating result 2022: -€659-€659Net result 2022: -€689-€689Operating result 2023: -€517-€517Net result 2023: -€582-€582202120222023
The operating result stays negative: a loss of €517 in 2023 against €659 in 2022; the loss shrinks.
Key figures and ratios
2023 value · change against 2022
Debt ≤ 1 year
€87,346▲
2022 · €86,772
Ratios withheld: a balance sheet total of €4,513 is too small for a meaningful ratio.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2023 against 2022 · 31 lines
Balance sheet Code20222023
Assets
Total assets20/58€4,521€4,513▼
Current assets29/58€4,521€4,513▼
Amounts receivable within one year40/41€4,511€4,513=
Trade receivables40€4,511€4,511=
Other amounts receivable41-€1
Cash at bank and in hand54/58€8-
Deferred charges and accrued income490/1€1-
Equity and liabilities
Total equity and liabilities10/49€4,521€4,513▼
Equity10/15-€82,251-€82,833▼
Contributions10/11€19,000€19,000=
Capital10€19,000-
Issued capital100€19,000-
Reserves13€500€500=
Non-distributable reserves130/1€500€500=
Legal reserve130€500-
Reserves not available under the articles1311-€500
Profit (loss) carried forward14-€101,751-€102,333▼
Amounts payable17/49€86,772€87,346▲
Amounts payable within one year42/48€86,772€87,346▲
Trade debts44€3,753€4,305▲
Suppliers440/4€3,753€4,305▲
Other amounts payable47/48€83,019€83,040=
Income statement Code20222023
Other operating charges640/8€659€517▼
Operating profit (loss)9901-€659-€517▲
Financial charges65/66B€30€65▲
Recurring financial charges65€30€65▲
Profit (loss) for the period before taxes9903-€689-€582▲
Profit (loss) for the period9904-€689-€582▲
Profit (loss) for the period to be appropriated9905-€689-€582▲
Appropriation of the result
Profit (loss) to be appropriated9906-€101,751-€102,333▼
Profit (loss) brought forward from the previous period14P-€101,062-€101,751▼

The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20192020202120222023Change
Other operating charges640/8--€672€659€517▼ 21.5%
Gross operating margin9900-€160-€27-€335---
Operating profit (loss)9901-€947-€812-€1,007-€659-€517▲ 21.5%
Financial charges65/66B--€50€30€65▲ 116%
Recurring financial charges65€3,540€102€50€30€65▲ 116%
Profit (loss) for the period before taxes9903-€4,487-€914-€1,057-€689-€582▲ 15.5%
Profit (loss) for the period9904-€4,487-€914-€1,057-€689-€582▲ 15.5%
Profit (loss) for the period to be appropriated9905-€4,487-€914-€1,057-€689-€582▲ 15.5%
Line20192020202120222023Change
Assets
Total assets20/58€5,914€4,770€4,551€4,521€4,513▼ 0.2%
Current assets29/58€5,914€4,770€4,551€4,521€4,513▼ 0.2%
Amounts receivable within one year40/41€5,861€4,511€4,511€4,511€4,513=
Trade receivables40--€4,511€4,511€4,511=
Other amounts receivable41----€1-
Cash at bank and in hand54/58€52€257€38€8--
Deferred charges and accrued income490/1--€1€1--
Equity and liabilities
Total equity and liabilities10/49€5,914€4,770€4,551€4,521€4,513▼ 0.2%
Equity10/15-€79,591-€80,505-€81,562-€82,251-€82,833▼ 0.7%
Contributions10/11€19,000€19,000€19,000€19,000€19,000=
Capital10--€19,000€19,000--
Issued capital100--€19,000€19,000--
Reserves13€500€500€500€500€500=
Non-distributable reserves130/1--€500€500€500=
Legal reserve130--€500€500--
Reserves not available under the articles1311----€500-
Profit (loss) carried forward14-€99,091-€100,005-€101,062-€101,751-€102,333▼ 0.6%
Amounts payable17/49€85,505€85,274€86,113€86,772€87,346▲ 0.7%
Amounts payable within one year42/48€85,505€85,274€86,113€86,772€87,346▲ 0.7%
Trade debts44€3,661€2,762€3,601€3,753€4,305▲ 14.7%
Suppliers440/4--€3,601€3,753€4,305▲ 14.7%
Other amounts payable47/48--€82,512€83,019€83,040=
Line20192020202120222023Change
Profit (loss) for the period9904-€4,487-€914-€1,057-€689-€582▲ 15.5%
Operating cash flow (approximation)-€4,487-€914-€1,057-€689-€582▲ 15.5%
Change in cash-€205-€219-€30--

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2024
22-08
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 22 days late
2023
28-08
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 28 days late
2022
23-08
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 23 days late
2021
17-08
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 17 days late
2020
31-08
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 31 days late
2019
30-08
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2018
29-08
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 29 days late
2017
30-08
NBB filing Annual accounts filed
fiscal year 2016 · micro schema · 30 days late
2016
08-08
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema · 8 days late
2015
31-07
NBB filing Annual accounts filed
fiscal year 2014 · abbreviated schema
NBB filing
0 of 4 acts read
About the unread acts

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.

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Directors · office · real estate

Directors
4 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, Elsene · 1 establishment unit since 2004
seat establishment The establishment unit on the map
Ground area
699 m²
Building footprint
353 m²
Volume, LiDAR
4,749 m³
Parcel 21009A0357/00Z009, Brussels · tallest building 18.9 m, ±5 floors. Linked by address, not a title deed.
7 companies at this address See who is registered here
1 establishment unit
SQUARELOOP
Lakenweversstraat 40, 1050 ElseneNACE 7440105
since 20042.139.116.056
1 parcel
Brussels 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21009A0357/00Z009 Brussels 699 m² 1 · 353 m² 18.9 m · 5 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Identification & contact

Identification
Legal formPrivate limited company
Founded07-07-2004
Fiscal year end31-12
Contact
E-mail Koert@actld.comElsene
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

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Register as of 28 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.