Squire Health

Active

Private limited companyfounded 2024active for 1 yearSint-Pietersnieuwstraat 11, 9000 Gent, Belgium20 active companies are registered at this addressKBO/BCE: BE 1017.608.291

Summary

The computed 12-month bankruptcy probability of Squire Health is 3.8% (moderate). The 2025 annual accounts show negative equity (-€125,112) and a net result of -€135,112. Its solvency ranks better than 9% of 3,369 sector peers (NACE 62, financial year 2025). The company has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals.

Risk analysisFollow Report Compare

Squire HealthActiveChecked score 48/100

Risk analysis Report Compare

Activity

Computer programming

NACE 62100

1 site

Size

€267,865total assets 2025

Staff: 0.8 FTE
Equity: -€125,112
Loss: -€135,112

Turnover not published (abbreviated format)

Financial health

48 Fair Checked score 2025

Bankruptcy probabilitywithin 12 months: 3.8%

Structure

Blink TechnologiesDirector · permanent representative Maes Ignace
NabladelDirector · permanent representative Callewaert Stan

Accounts filed 20 days late

Why 48raises risk2 changes of registered office in 24 monthsNegative equity -€125,112Loss of €135,112 (financial year 2025)lowers riskSector: Computer programming, consultancy and related activities (NACE 62)Show the evidence

Checked score

Score 2025

48 / 100

Fair

Probability in this band: 1.5% to 4.2%

Financially better than 33% of its sector peers (NACE 62, micro)

Every signal that counts is listed under Signals.

Financial strength

Weak

Solvency 0

equity -46.7% of total assets

Liquidity 100

short-term debt 10.6% · cash 54.2%

Profitability 0

return on assets -50.4%

Bankruptcy probability, 12 months

3.8% Moderate

0%0.5%1.5%4%10%≥ 25%

About 4 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (25,870 companies, NACE 62, micro)

Last 24 months 01-2026: 0.7%lowest value 02-2026: 0.7%● unchanged vs 01-2026lowest value 03-2026: 2.6%▲ +1.9 percentage points vs 02-2026 04-2026: 2.6%● unchanged vs 03-2026 05-2026: 2.6%● unchanged vs 04-2026 06-2026: 2.7%▲ +0.1 percentage points vs 05-2026 07-2026: 2.8%▲ +0.1 percentage points vs 06-2026 08-2026: 2.8%● unchanged vs 07-2026 09-2026: 3.8%▲ +1.0 percentage point vs 08-2026highest value 10-2026: 3.8%● unchanged vs 09-2026highest value

No credit on open account

Liquidity ample (current ratio 5.82, above the usual 1.5; short-term debt: 10.6% and cash: 54.2% of total assets), but equity is negative.

How it is calculated

The band follows from the bankruptcy probability, on a scale where 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): better than 3% on solvency, 92% on liquidity and 5% on profitability.

The bankruptcy probability was computed on 23-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Seven signals.

lowers riskraises riskneutral

2 changes of registered office in 24 months

Belgian Official Gazette

Sector: Computer programming, consultancy and related activities (NACE 62)

KBO

Negative equity -€125,112

NBB · annual accounts

Loss of €135,112 (financial year 2025)

NBB · annual accounts

Negative equity

The 2025 annual accounts show negative equity and a net loss.

NBB · annual accounts 2025

Young company

Founded in 2024, a year ago. Young companies fail more often than established ones; the risk is highest 2 to 8 years after founding.

KBO · incorporation date

Age against the risk zone

Filed after the deadline

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 20-08-2026, 20 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 · 1 filing

Deviation from the deadline

2025

20 days late

← before the deadline after the deadline →

Searched, nothing found (1)

No strike-offs in the KBO publications

Searched since incorporation in 2024.

KBO publications · our coverage

20-08-2026 Annual accounts filedfinancial year 2025 · abbreviated…
04-02-2026 Registered officeRegistered-office move
26-11-2025 MiscellaneousFinancial instrument

Key points

Risk: Negative equityfinancial year 2025: debts exceed assets -€125,112 View
Caution: Among the weakest 6% on equitysector median €129,956 · 3,370 companies -€125,112 View
Flemish supportawarded in 2025 €51,215 View

By topic

Financials

Financial year: 2025
Total assets: €267,865
Loss: -€135,112
Solvency: -46.7%

Go to Financials

Board & ownership

Board: 2 members

Blink TechnologiesDirector
NabladelDirector

Go to Board & ownership

Timeline

Events: 4
Since: 2025

27-01-2025Resignations: Callewaert Stan (director) and Maes Ignace…

Go to Timeline

Company details

Sites: 1

Legal form: Private limited company
Activity: Computer programmingNACE 62100
Founded: 18-12-2024
Year ends: 31-12
Peppol: Reachable for e-invoices

Go to Company details

Key facts about Squire Health

What is the company number of Squire Health?: 1017.608.291. In Belgium the VAT number is the company number with BE in front: BE 1017.608.291.
Where is Squire Health based?: The registered office is at Sint-Pietersnieuwstraat 11, 9000 Gent.Company details
What does Squire Health do?: According to the KBO register, the main activity is computer programming (NACE 62100).
What is the legal form of Squire Health?: Private limited company (BV).
When was Squire Health founded?: On 18-12-2024.
Is Squire Health still active?: Yes, Squire Health is an active enterprise in the KBO register.
How many employees does Squire Health have?: On average 0.8 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of Squire Health?: Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.
Is Squire Health profitable?: In financial year 2025, Squire Health made a loss of €135,112.
Where can I find the annual accounts of Squire Health?: Squire Health filed 1 annual account with the National Bank of Belgium, for financial year 2025.