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Squid.co

Active
Private limited companyfounded 2024active for 2 yearsBrugstraat 147, 9880 Aalter, BelgiumKBO/BCE: BE 1006.420.827
Summary

Squid.co has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€221,685) and a net result of -€76,573. Its solvency ranks better than 6% of 3,387 sector peers (NACE 62, financial year 2025). The computed 12-month bankruptcy probability is 1.4% (low).

Overview

Official details

Source: KBO
Status
Active since 26-02-2024 Normal situation
Activity
Computer consultancy and computer facilities management NACE 62200and 5 others
Joint committee
200 Aanvullend Paritair Comité voor de bedienden · annual accounts 2025
Establishment unit
2.356.525.027 9880 Aalter, since 26-02-2024
Financial year end
31 December
Peppol
Reachable

Board and ownership

Board

Financial position

52 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
1.4%
Annual accounts 2025
Gross margin
€46,410
Turnover
≈ €170,000
estimated
Loss
€76,573
▼ 50.6%
Equity
-€221,685
▼ 52.8%
Total assets
€187,641
▲ 61.5%
Employees on 31-12-2025
1
  • Negative equity on 31-12-2025
  • 2025 accounts filed 31 days after the deadline
Filed on 31-08-2026
Score breakdownraises riskCapped at 59: negative equityNegative equity -€221,685Loss of €76,573, the second in a row (financial year 2025)lowers riskSector: Computer programming, consultancy and related activities (NACE 62)Founded in 2024Show the evidence

Checked score

Score 2025
52 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 6% of micro companies in computer programming and consultancy (NACE 62)
Negative equity caps the score at 59. Every signal that counts is listed under Signals.
Financial strength · tick: 2024
Weak
Solvency 0=
equity -118.1% of total assets
Liquidity 6-10
short-term debt 151.4% · cash 4.9%
Profitability 0=
return on assets -40.8%
Bankruptcy probability within 12 months
1.4% Low
0%0.5%1.5%4%10%≥ 25%

About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (25,913 companies, NACE 62, micro)
Last 24 months 03-2025: 0.4%lowest value 04-2025: 0.4%● unchanged vs 03-2025lowest value 05-2025: 0.4%● unchanged vs 04-2025 06-2025: 0.4%● unchanged vs 05-2025 07-2025: 0.4%● unchanged vs 06-2025 08-2025: 0.4%● unchanged vs 07-2025 09-2025: 0.4%● unchanged vs 08-2025 10-2025: 0.5%▲ +0.1 percentage points vs 09-2025 11-2025: 1.9%▲ +1.4 percentage points vs 10-2025 12-2025: 1.9%● unchanged vs 11-2025 01-2026: 1.9%● unchanged vs 12-2025 02-2026: 2.0%▲ +0.1 percentage points vs 01-2026 03-2026: 1.9%▼ -0.1 percentage points vs 02-2026 04-2026: 1.9%● unchanged vs 03-2026 05-2026: 1.9%● unchanged vs 04-2026 06-2026: 1.9%● unchanged vs 05-2026 07-2026: 1.9%● unchanged vs 06-2026 08-2026: 2.4%▲ +0.5 percentage points vs 07-2026highest value 09-2026: 1.4%▼ -1.0 percentage point vs 08-2026 10-2026: 1.4%● unchanged vs 09-2026 11-2026: 1.4%● unchanged vs 10-2026
No credit on open account
Liquidity is insufficient, with a current ratio of 0.55 (0.58 in 2024), below 1. Short-term debt is 151.4% and cash 4.9% of total assets. Equity is negative.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 62, micro). It does better than 3% of them on solvency, 3% on liquidity, 5% on profitability and 14% on growth.

The bankruptcy probability was computed on 01-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Six signals.
lowers riskraises risk
lowers risk · Sector: Computer programming, consultancy and related activities (NACE 62)
KBO
lowers risk · Founded in 2024
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Negative equity -€221,685
NBB · annual accounts
raises risk · Loss of €76,573, the second in a row (financial year 2025)
NBB · annual accounts
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
2425
2024 to 2025 · latest year -€221,685
raises risk · 2025 accounts filed 31 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 2 filings
Deviation from the deadline
2025
31 days late
2024
89 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 2 accounts on average 60 days after the deadline. In the sector (NACE 62), the median for financial year 2024 was 9 days before the deadline, and 33% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven months
Where today falls in the filing period
01-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since incorporation in 2024.
KBO publications

Key points

  • Risk: Negative equitydebts exceed assets in financial year 2025 -€221,685 View
  • Caution: Less equity than 95% of companies in computer programming and consultancysector median €129,630 · 3,388 companies -€221,685 View
  • Caution: Equity fell in 2025from -€145,112 to -€221,685 ▼ 52.8% View

Recent changes

  1. · Gazette deed IncorporationStarting capital €10,000 · Appointments: COOPMAN Luc (statutory director) and HALLAERT Carine (statutory director) · Permanent representative: COOPMAN Luc
All 3 events

Comparable companies

These companies have the same main activity as Squid.co: computer consultancy and computer facilities management (NACE 62200). They are comparable in size and age: total assets between €105,000 and €238,000, founded between 2021 and 2023.

CompanyTotal assetsGross margin
Squid.co Aalter€187,641€46,410
L&G Consulting Saint-Ghislain€180,875€68,516
VIMANPRO Genk€105,491€58,083
Sneakpeek Kontich€135,889€40,444
XFLOWDATA BELGIUM Sint-Pieters-Woluwe€237,510€89,953
Enterprise Content Management Experts Haacht€221,792€69,821
ProDAV Pelt€132,956€23,324
Full comparison

Key facts about Squid.co

What is the company number of Squid.co?
The company number of Squid.co is 1006.420.827. The VAT number is the same number with BE in front: BE 1006.420.827.
Where is Squid.co based?
The registered office is at Brugstraat 147, 9880 Aalter.Company details
What does Squid.co do?
According to the KBO register, the main activity is computer consultancy and computer facilities management (NACE 62200).
What is the legal form of Squid.co?
The legal form of Squid.co is Private limited company (BV).
When was Squid.co founded?
Squid.co was founded on 26-02-2024.
Is Squid.co still active?
Yes, Squid.co is an active enterprise in the KBO register.
How many employees does Squid.co have?
Squid.co had an average of 1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does Squid.co fall under?
In its 2025 annual accounts, Squid.co states joint committee 200 (Aanvullend Paritair Comité voor de bedienden).
What is the turnover of Squid.co?
The turnover in financial year 2025 is ≈ €170,000. This figure is estimated from the gross margin of €46,410 and 82 comparable companies (NACE 62200). It probably lies between €130,000 and €230,000.
Is Squid.co profitable?
In financial year 2025, Squid.co made a loss of €76,573.
Where can I find the annual accounts of Squid.co?
Squid.co filed 2 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of Squid.co due?
Squid.co must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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