SQUARIMMO · Checked.be

Summary

Conclusion

the dossier summarised in one paragraph

The computed 12-month bankruptcy probability of SQUARIMMO is 0.9% (low). The 2025 annual accounts show equity of €1.03M and a net result of €175k. Equity is growing by ~3.3% per year across the filed fiscal years. The company has been active since 1991 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 7 annual accounts.

Signals

1 signal · with evidence

Growing equity

Equity grew over 2023-2025. Profits are largely retained rather than distributed.

View the equity trend

Signals are derived from the filed annual accounts and the sector comparison. No composite score: each signal is separately verifiable at the source.

Filing behaviour

From the deposit records, complete market-wide

Latest accounts filed on time

The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 31-01-2026, 0 days ahead of the deadline. This speaks to administrative punctuality and says nothing about the financial position.

The next deadline is still running

The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.

How we compute the deadline

The year end is derived from 10 filed financial years, each closing on 30-06. The statutory deadline is seven months after the close of the financial year (art. 3:10 par. 1 CAC, art. 3:47 par. 7 for ASBL and foundations). Applied to the financial year that closed on 30-06-2025, that is 31-01-2026.

Deadline per financial year

Year closed	Due by	Filed	Variance	Reference
30-06-2025	31-01-2026	31-01-2026	on the day	2026-00034423
30-06-2024	31-01-2025	11-02-2025	11 d late	2025-00036429
30-06-2023	31-01-2024	28-02-2024	28 d late	2024-00038766
30-06-2022	31-01-2023	09-02-2023	9 d late	2023-00026730
30-06-2021	31-01-2022	03-02-2022	3 d late	2022-05100254
30-06-2020	31-01-2021	25-02-2021	25 d late	2021-06400154
30-06-2019	31-01-2020	10-02-2020	10 d late	2020-04700525
30-06-2018	31-01-2019	28-01-2019	3 d early	2019-02400378
30-06-2017	31-01-2018	26-02-2018	26 d late	2018-05500169
30-06-2016	31-01-2017	20-02-2017	20 d late	2017-05100400

Source: the National Bank's deposit records. Those records are complete, including for years whose figures we have not read yet. Filing late covers nearly half the market and is therefore not scored; only not filing, being more than 90 days late and breaking a punctual record carry weight.

Trust signals

2 signals

Long-established

Founded in 1991, 35 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.

Bankruptcy probability (12 mo)

Checked model v1 · free for everyone

0.9% Low

0%0,5%1,5%4%10%≥25%

No NACE activity registered +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?

Financials

TurnoverNot published (abbreviated filing)

EBIT marginNot published (abbreviated filing)

Net result€175k

Working capital€346k+109.7%

CSV export

Annual accounts & ratios

Source: NBB · 2025

Annual accounts filed on 31-01-2026 with the NBB · fiscal year 2025 · micro

Operating resultNet result

Trajectory (indicative)

Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.

growing Equity: growth of ~3.3%/year over 7 fiscal years, indicative, assuming unchanged policy.

Solid line = filed figures · dashed = extended trend · area = indicative range.

How do we compute this?

The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.

The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.

A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).

EBITDA

€221k

+642.6% 19-25

Net profit

€175k

- 19-25

Cash flow

€205k

+949.8% 19-25

Total assets

€1.57M

+12.6% 19-25

Equity

€1.03M

+20.5% 19-25

Working capital

€346k

+109.7% 19-25

Income taxes

€7

-94.9% 19-25

Debt

€457k

0.0% 19-25

Show 9 other metrics

Debt ≤ 1y

€198k

+13.9% 19-25

Debt > 1y

€259k

-8.6% 19-25

Current ratio

2.75

+41.0% 19-25

Quick ratio

1.03

-35.3% 19-25

Solvency

65.6%

+7.1% 19-25

Debt / equity

0.44

-17.1% 19-25

ROE

17.0%

- 19-25

ROA

11.2%

- 19-25

Interest coverage

14.20

+379.9% 19-25

Figures by fiscal year

Highlight YoY changes (±10%)

Fiscal year	2025
Deposit	micro
Revenue	-
EBITDA	€221k
Net profit	€175k
Cash flow	€205k
Staff costs	-
Income taxes	€7
Dividends	-
Total assets	€1.57M
Equity	€1.03M
Debt	€457k
of which ≤ 1y	€198k
of which > 1y	€259k
Working capital	€346k
Employees (FTE)	-

Ratios (computed)

	2025
Current ratio	2.75
Quick ratio	1.03
Working capital ratio	22.0%
Solvency	65.6%
Debt / equity	0.44
Long-term debt ratio	0.25
Interest coverage	14.20
Gross margin	-
Net margin	-
ROA	11.2%
ROE	17.0%
EBITDA margin	-
Days sales outstanding	-
Days payable outstanding	-
Inventory turnover	-
Days inventory (DSI)	-

Balance-sheet composition 2025

Assets

Fixed assets €1.03M · 65.4% Current assets €543k · 34.6%

Equity & liabilities

Equity €1.03M · 65.6% Provisions €85k · 5.4% Debt €457k · 29.1%

Full annual accounts (25 line items)

Filed balance sheet and income statement, exactly as deposited with the NBB.

Line item	Code	2025
Balance sheet, Assets
TOTAL ASSETS	20/58	€1.57M
Fixed assets	21/28	€1.03M
Tangible fixed assets	22/27	€1.03M
Financial fixed assets	28	€213
Current assets	29/58	€543k
Stocks & contracts in progress	3	€340k
Amounts receivable within one year	40/41	€182k
Cash & bank	54/58	€19k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€1.57M
Equity	10/15	€1.03M
Contributions / capital	10/11	€787k
Reserves	13	€254k
Accumulated profits (losses)	14	€-10k
Provisions & deferred taxes	16	€85k
Amounts payable	17/49	€457k
Amounts payable after one year	17	€259k
Amounts payable within one year	42/48	€198k
Trade debts payable within one year	44	€41k
Income statement
Gross operating margin	9900	€234k
Operating result	9901	€191k
Financial charges	65	€16k
Result before taxes	9903	€175k
Income taxes	67/77	€7
Net result for the period	9904	€175k
Result to be appropriated	9905	€175k

This table shows the latest fiscal year. 4 prior years, with figures and ratios, belong to a paid plan. See plans →

Ratios computed by Checked.

Health barometer

FY 2025 · computed

100 / 100 Excellent

050100

Computed from 5 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 2025. Indicative, not credit advice.

Structure & network

Locations & real estate

Registered office

on the map · from the address register

exact location from the address register On OpenStreetMap

5 companies at this address See who is registered here

Establishment units

1 location

Maria-Louizasquare 69, 1000 Brussel

Verhuur van woningen, exclusief sociale woningen

since 19912.053.364.591

Physical sites registered in the Crossroads Bank for Enterprises (CBE).

Parcels1

Ground area252 m²

Buildings1

Building footprint97 m²

Volume (LiDAR)1,307 m³

Tallest building17.5 m · ±5 fl.

Real-estate footprint

Source: CBE × cadastre · address linking

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.
21806F0128/03P002 ProtectedMonumentGeheel van eclectische huizenSource ↗	Brussels	252 m²	1 · 97 m²	17.5 m · 5 fl.

Methodology

via registered seat: 1

1 of 1 parcels with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

1 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).

Publications

Lifecycle & Insolvency Signals

No insolvency signals in the Belgian State Gazette

Belgian State Gazette · acts

0 of 8 acts read

We know of 8 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

The insolvency signals above come from a separate source; the KBO register is the second source and appears as the legal situation on this page.

Analysis

Financial profile

5 of 5 axes measured

93 / 100

Exceptional profile, strong across almost every axis.

All 5 axes are computed from data Checked has read.

Health 100

Profitability 85

Solvency 100

Growth 78

Stability 100

Credit advice

verdict per customer and amount

Company registry

Company registry (CBE)

Crossroads Bank

Names & trade names

Legal nameNL

SQUARIMMO

Registered office

Maria-Louizasquare 69

1000 Brussel, Belgium

Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.