Squipp
ActiveSummary
Squipp has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €174k and a net result of €44k. Equity is growing by ~13.1% per year across the filed fiscal years. Its solvency ranks better than 49% of 524 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.3% (low).
Checked score
Score 2025
73
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability76▲+2
Solvency86▲+33
Growth52=
Track record100
Bankruptcy probability, 12 months
1.3%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €12k at 30 days acceptable
Liquidity ample (current ratio 2.25 against 0.95 in 2024; short-term debt: 8.8% and cash: 18.3% of total assets), and 39.2% of the assets are financed with debt.
Credit advice 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 · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 72
Relative position
BE, all sectors
reference
Sector 72
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
60.8%
Return on assets
15.5%
Age of the figures
12 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 30-04-2026, 0 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
on the day
2024
30 d early
2023
32 d early
2022
59 d early
2021
38 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€174k▲ 34.0%
2024 · €130k
2021: €96k
2022: €176k
2023: €246k
2024: €130k
2021 → 2025
Total assets
€286k▼ 37.4%
2024 · €456k
2021: €219k
2022: €303k
2023: €421k
2024: €456k
2021 → 2025
Net result
€44k▲ 129%
2024 · €19k
2021: €91k
2022: €79k
2023: €70k
2024: €19k
2021 → 2025
Working capital
€31k
2024 · €-12k
2021: €55k
2022: €113k
2023: €132k
2024: €-12k
2021 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€96k-€176k▲ 82.3%€246k▲ 40.1%€130k▼ 47.4%€174k▲ 34.0%
Operating result€116k-€100k▼ 13.4%€88k▼ 12.2%€26k▼ 70.8%€57k▲ 121%
Net result€91k-€79k▼ 13.2%€70k▼ 11.2%€19k▼ 72.7%€44k▲ 129%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 121% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €286k
Fixed assets
€229k ▼ 3.4%
Current assets
€57k ▼ 74.2%
Equity and liabilities €286k
Equity
€174k ▲ 34.0%
Debt
€112k ▼ 65.8%
Debt's share of the balance-sheet total falls from 71.6% to 39.2%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€65k▲
2024 · €34k
Cash flow
€52k▲
2024 · €27k
Current ratio
2.25▲
2024 · 0.95
Debt to equity
0.64▼
2024 · 2.52
ROE
25.4%▲
2024 · 14.9%
ROA
15.5%▲
2024 · 4.2%
Interest coverage
-494.54▼
2024 · 16.75
Debt ≤ 1 year
€25k▼
2024 · €231k
Debt > 1 year
€87k▼
2024 · €96k
Income taxes
€13k▲
2024 · €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 · 2025 against 2024 · 46 lines
Balance sheet
Code20242025
Assets
Total assets20/58€456k€286k▼
Fixed assets21/28€237k€229k▼
Intangible fixed assets21€2k€1k▼
Tangible fixed assets22/27€235k€228k▼
Land and buildings22€233k€226k▼
Furniture and vehicles24€2k€1k▼
Current assets29/58€219k€57k▼
Amounts receivable after more than one year29€104k€0▼
Other amounts receivable291€104k€0▼
Amounts receivable within one year40/41€86k€407▼
Trade receivables40€74k€0▼
Other amounts receivable41€12k€407▼
Cash at bank and in hand54/58€28k€52k▲
Deferred charges and accrued income490/1€2k€4k▲
Equity and liabilities
Total equity and liabilities10/49€456k€286k▼
Equity10/15€130k€174k▲
Contributions10/11€5k€5k=
Profit (loss) carried forward14€125k€169k▲
Amounts payable17/49€327k€112k▼
Amounts payable after more than one year17€96k€87k▼
Financial debts170/4€96k€87k▼
Amounts payable within one year42/48€231k€25k▼
Current portion of amounts payable after more than one year42€9k€7k▼
Trade debts44€73k€1k▼
Suppliers440/4€73k€1k▼
Taxes, remuneration and social security45€34k€17k▼
Taxes450/3€31k€17k▼
Remuneration and social security454/9€3k€0▼
Other amounts payable47/48€116k€286▼
Income statement
Code20242025
Non-recurring operating income76A-€219
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8k€8k▲
Other operating charges640/8€2k€5k▲
Gross operating margin9900€36k€70k▲
Operating profit (loss)9901€26k€57k▲
Financial income75/76B€4k€10▼
Recurring financial income75€4k€10▼
Financial charges65/66B€2k€-132▼
Recurring financial charges65€2k€-132▼
Profit (loss) for the period before taxes9903€28k€57k▲
Income taxes67/77€8k€13k▲
Profit (loss) for the period9904€19k€44k▲
Profit (loss) for the period to be appropriated9905€19k€44k▲
Appropriation of the result
Profit (loss) to be appropriated9906€261k€169k▼
Profit (loss) brought forward from the previous period14P€241k€125k▼
Profit to be distributed694/7€136k€0▼
Directors or managers695€136k€0▼
The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
30-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-09
Financial
Liquidity doublescurrent ratio 2.25
Current ratio from 0.95 to 2.25; short-term debt falls from €231k to €25k.
30-09
Financial
Equity above €150kEq €174k ▲34%
5 profitable years in a row build equity to €174k.
31-03
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-09
Financial
Weakest financial yearnet €19k ▼72.7%
Net result drops to €19k, the lowest in the series; recovery starts the following year.
29-03
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-09
Financial
Equity above €200kEq €246k ▲40.1%
3 profitable years in a row build equity to €246k.
02-03
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-09
Financial
Equity above €150kEq €176k ▲82.3%
2 profitable years in a row build equity to €176k.
23-03
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Sint-Pieters-Woluwe · 1 establishment unit since 2020
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Konkelstraat 97-991150 Sint-Pieters-WoluweGround area
8,140 m²
Building footprint
614 m²
Volume, LiDAR
13,880 m³
2 parcels, Brussels · tallest building 28.1 m, ±8 floors. Linked by address, not a title deed.
1 establishment unit
Squipp
since 20202.342.952.153
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21683D0283/00M000 | Brussels | 7,956 m² | 1 · 535 m² | 28.1 m · 8 fl. |
| 21684B0059/00W027 | Brussels | 184 m² | 1 · 79 m² | 12.7 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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FOODLAB PROEF
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the International Network for Information on Ventilation and Energy performance
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Of 1,177 companies in sector 72109 we hold annual accounts for 715. 472 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded24-04-2020
Fiscal year end30-09
Activities, NACEBEL 2025
72109Other research and development on natural sciences
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.