SQUID
ActiveSummary
For SQUID, at least two filing cycles of the annual accounts are missing. The 2022 annual accounts show equity of €32k and a net result of €-108k. Its solvency ranks better than 20% of 7525 sector peers (fiscal year 2022). The company has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
No current score
Figures too old
The available figures for FY 2022 are too old to assess current financial health.
Filing: At least two filing cycles are missing
Axes, FY 2022 · tick = 2021
Profitability0▼-74
Solvency39▼-41
Growth32
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit check for your own amount and term
Signals
Five 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 2022Solvency, return and age of the figures
Solvency
14.3%
Return on assets
-48.5%
Age of the figures
48 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
raises risk · Two or more financial years not filed
Since the financial year that closed on 30-09-2023, 3 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 · 2 filingsPosition against the passed deadline
30-09-2023 close30-04-2024 deadline25-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 30-09-2022 was due by 30-04-2023 and was filed on 03-05-2023, 3 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 · 2 filingsDeviation from the deadline
2025
not filed
2024
not filed
2023
not filed
2022
3 d late
2021
2 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2022, micro schema
Equity
€32k▼ 77.2%
2021 · €139k
2021: €139k
2022: €32k▼ -77.2% vs 2021
2021 → 2022
Total assets
€222k▼ 12.8%
2021 · €254k
2021: €254k
2022: €222k▼ -12.8% vs 2021
2021 → 2022
Net result
€-108k
2021 · €11k
2021: €11k
2022: €-108k▼ -1039% vs 2021
2021 → 2022
Working capital
€26k▼ 71.6%
2021 · €90k
2021: €90k
2022: €26k▼ -71.6% vs 2021
2021 → 2022
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022Trend
Equity€139k-€32k▼ 77.2%
2021: €139k
2022: €32k▼ -77.2% vs 2021
Operating result€21k-€-106k
2021: €21k
2022: €-106k▼ -603% vs 2021
Net result€11k-€-108k
2021: €11k
2022: €-108k▼ -1039% vs 2021
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2022: a loss of €106k after €21k in 2021.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €222k
Fixed assets
€97k ▲ 7.6%
Current assets
€124k ▼ 24.0%
Equity and liabilities €222k
Equity
€32k ▼ 77.2%
Debt
€190k ▲ 65.5%
Debt's share of the balance-sheet total rises from 45.2% to 85.7%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-88k▼
2021 · €34k
Cash flow
€-90k▼
2021 · €25k
Current ratio
1.26▼
2021 · 2.23
Debt to equity
5.98▲
2021 · 0.82
ROE
-338.9%▼
2021 · 8.2%
ROA
-48.5%▼
2021 · 4.5%
Interest coverage
-26.62▼
2021 · 17.08
Debt ≤ 1 year
€99k▲
2021 · €73k
Debt > 1 year
€91k▲
2021 · €42k
Income taxes
€419▼
2021 · €8k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2022 against 2021 · 54 lines
Balance sheet
Code20212022
Assets
Total assets20/58€254k€222k▼
Fixed assets21/28€90k€97k▲
Intangible fixed assets21€11k€8k▼
Tangible fixed assets22/27€77k€86k▲
Land and buildings22€50k€50k=
Furniture and vehicles24€27k€21k▼
Other tangible fixed assets26-€15k
Financial fixed assets28€3k€3k=
Current assets29/58€164k€124k▼
Amounts receivable after more than one year29€20k€20k=
Trade receivables290€20k€20k=
Amounts receivable within one year40/41€44k€51k▲
Trade receivables40€38k€48k▲
Other amounts receivable41€6k€3k▼
Current investments50/53€5k€5k=
Cash at bank and in hand54/58€93k€41k▼
Deferred charges and accrued income490/1€1k€7k▲
Equity and liabilities
Total equity and liabilities10/49€254k€222k▼
Equity10/15€139k€32k▼
Contributions10/11€1k€1k=
Reserves13€138k€138k=
Non-distributable reserves130/1€100€100=
Reserves not available under the articles1311€100€100=
Distributable reserves133€138k€138k=
Profit (loss) carried forward14€311€-107k▼
Amounts payable17/49€115k€190k▲
Amounts payable after more than one year17€42k€91k▲
Financial debts170/4€42k€91k▲
Amounts payable within one year42/48€73k€99k▲
Current portion of amounts payable after more than one year42€12k€30k▲
Financial debts43€7k€5k▼
Credit institutions430/8€7k€5k▼
Trade debts44€47k€50k▲
Suppliers440/4€47k€50k▲
Taxes, remuneration and social security45€7k€11k▲
Taxes450/3€4k€11k▲
Remuneration and social security454/9€3k€0▼
Other amounts payable47/48-€2k
Income statement
Code20212022
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€13k€17k▲
Other operating charges640/8€2k€528▼
Gross operating margin9900€36k€-88k▼
Operating profit (loss)9901€21k€-106k▼
Financial income75/76B€209€2k▲
Recurring financial income75€209€2k▲
Financial charges65/66B€2k€3k▲
Recurring financial charges65€2k€3k▲
Profit (loss) for the period before taxes9903€19k€-107k▼
Income taxes67/77€8k€419▼
Profit (loss) for the period9904€11k€-108k▼
Profit (loss) for the period to be appropriated9905€11k€-108k▼
Appropriation of the result
Profit (loss) to be appropriated9906€12k€-107k▼
Profit (loss) brought forward from the previous period14P€850€311▼
Transfer to equity691/2€12k€0▼
To other reserves6921€12k€0▼
The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | Change |
|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €13k | €17k | ▲ 31.7% |
| Other operating charges640/8 | €2k | €528 | ▼ 67.2% |
| Gross operating margin9900 | €36k | €-88k | ▼ 344% |
| Operating profit (loss)9901 | €21k | €-106k | ▼ 603% |
| Financial income75/76B | €209 | €2k | ▲ 688% |
| Recurring financial income75 | €209 | €2k | ▲ 688% |
| Financial charges65/66B | €2k | €3k | ▲ 65.1% |
| Recurring financial charges65 | €2k | €3k | ▲ 65.1% |
| Profit (loss) for the period before taxes9903 | €19k | €-107k | ▼ 659% |
| Income taxes67/77 | €8k | €419 | ▼ 94.6% |
| Profit (loss) for the period9904 | €11k | €-108k | ▼ 1,039% |
| Profit (loss) for the period to be appropriated9905 | €11k | €-108k | ▼ 1,039% |
| Line | 2021 | 2022 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €254k | €222k | ▼ 12.8% |
| Fixed assets21/28 | €90k | €97k | ▲ 7.6% |
| Intangible fixed assets21 | €11k | €8k | ▼ 22.8% |
| Tangible fixed assets22/27 | €77k | €86k | ▲ 12.2% |
| Land and buildings22 | €50k | €50k | = |
| Furniture and vehicles24 | €27k | €21k | ▼ 22.7% |
| Other tangible fixed assets26 | - | €15k | - |
| Financial fixed assets28 | €3k | €3k | = |
| Current assets29/58 | €164k | €124k | ▼ 24.0% |
| Amounts receivable after more than one year29 | €20k | €20k | = |
| Trade receivables290 | €20k | €20k | = |
| Amounts receivable within one year40/41 | €44k | €51k | ▲ 15.9% |
| Trade receivables40 | €38k | €48k | ▲ 26.1% |
| Other amounts receivable41 | €6k | €3k | ▼ 46.3% |
| Current investments50/53 | €5k | €5k | = |
| Cash at bank and in hand54/58 | €93k | €41k | ▼ 55.6% |
| Deferred charges and accrued income490/1 | €1k | €7k | ▲ 400% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €254k | €222k | ▼ 12.8% |
| Equity10/15 | €139k | €32k | ▼ 77.2% |
| Contributions10/11 | €1k | €1k | = |
| Reserves13 | €138k | €138k | = |
| Non-distributable reserves130/1 | €100 | €100 | = |
| Reserves not available under the articles1311 | €100 | €100 | = |
| Distributable reserves133 | €138k | €138k | = |
| Profit (loss) carried forward14 | €311 | €-107k | ▼ 34,558% |
| Amounts payable17/49 | €115k | €190k | ▲ 65.5% |
| Amounts payable after more than one year17 | €42k | €91k | ▲ 120% |
| Financial debts170/4 | €42k | €91k | ▲ 120% |
| Amounts payable within one year42/48 | €73k | €99k | ▲ 34.7% |
| Current portion of amounts payable after more than one year42 | €12k | €30k | ▲ 145% |
| Financial debts43 | €7k | €5k | ▼ 19.0% |
| Credit institutions430/8 | €7k | €5k | ▼ 19.0% |
| Trade debts44 | €47k | €50k | ▲ 5.4% |
| Suppliers440/4 | €47k | €50k | ▲ 5.4% |
| Taxes, remuneration and social security45 | €7k | €11k | ▲ 56.1% |
| Taxes450/3 | €4k | €11k | ▲ 168% |
| Remuneration and social security454/9 | €3k | €0 | ▼ 100% |
| Other amounts payable47/48 | - | €2k | - |
| Line | 2021 | 2022 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €11k | €-108k | ▼ 1,039% |
| + Depreciation and write-downs630 | €13k | €17k | ▲ 31.7% |
| Operating cash flow (approximation) | €25k | €-90k | ▼ 465% |
| Investment in fixed assets (approximation) | - | €-24k | - |
| Change in cash | - | €-52k | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2023
03-05
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 3 days late
2022
28-04
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
NBB filing
0 of 2 acts read
About the unread acts
We know of 2 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
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, Nazareth-De Pinte · 1 establishment unit since 2004
Ground area
3,278 m²
Building footprint
376 m²
Volume, LiDAR
1,913 m³
Parcel 44048B0057/00A000, Flanders · tallest building 8.9 m, ±2 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
SQuid
since 20042.137.180.412
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44048B0057/00A000 | Flanders | 3,278 m² | 1 · 376 m² | 8.9 m · 2 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.
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Of 2,711 companies in sector 73200 we hold annual accounts for 1,780. 1,013 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formLimited partnership
Founded07-05-2004
Fiscal year end30-09
Activities, NACEBEL 2025
73200Market research and public opinion polling
Contact
E-mail
Ivan.Missinne@pandora.beNazareth-De Pinte
Phone
0476.48.87.30Nazareth-De Pinte
Scores and ratios are computed by Checked and are not a credit decision.