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Squirl

Active
Private limited company (pre-2019)founded 20169 yrs activeLangendries 1, 2460 Kasterlee, BelgiumKBO/BCE: BE 0663.641.039
Summary

The computed 12-month bankruptcy probability of Squirl is 6.7% (elevated). The latest annual accounts of Squirl were filed more than 90 days after the deadline. The 2020 annual accounts show negative equity (-€38,496) and a net result of -€1,067. Equity is shrinking by ~4.3% per year across the filed fiscal years. The company has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals.

Risk analysis Watch Report Compare
SquirlActive
Risk analysis Report Compare

Checked score

No current score
Figures too old
The available figures for FY 2020 are too old to assess current financial health.
Bankruptcy probability: Elevated
Filing: Filed more than 90 days late
Filing: Five or more filing cycles are missing. This points to a standstill, not an imminent failure.
Axes, FY 2020 · tick = 2019
Profitability-
Solvency-
Growth58=
Track record100
Bankruptcy probability, 12 months
6.7% Elevated
0%0.5%1.5%4%10%≥ 25%
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Signals

Four signals. The signal on the left, the evidence on the right.
+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 2020
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
neutral · No filing for years
The last filed financial year closed on 31-12-2020. Since then, 5 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 4 filings
Position against the passed deadline
31-12-2021 close31-07-2022 deadline28-09-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2020 was due by 31-07-2021 and was filed on 24-12-2021, 146 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 4 filings
Deviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
146 d late
2019
511 d late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 2 accounts on average 329 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 29 September 2016, Squirl was incorporated.1 The company has filed 4 sets of annual accounts, the latest for fiscal year 2020.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2020

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Financials · fiscal year 2020, micro schema

Equity
-€38,496▼ 2.9%
2019 · -€37,430
Total assets
€619▼ 87.3%
2018 · €4,861
Net result
-€1,067▲ 50.1%
2019 · -€2,137
Working capital
-€36,531
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line201820192020
Operating result-€20,821--€2,137▲ 89.7%-€1,067▲ 50.1%
Net result-€20,901--€2,137▲ 89.8%-€1,067▲ 50.1%
Equity-€35,292--€37,430▼ 6.1%-€38,496▼ 2.9%
Total assets€4,861-€619▼ 87.3%
Debt€40,153-€38,049▼ 5.2%€38,496▲ 1.2%
Working capital-€36,531-
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€30,000-€20,000-€10,000€0Operating result 2018: -€20,821-€20,821Net result 2018: -€20,901-€20,901Operating result 2019: -€2,137-€2,137Net result 2019: -€2,137-€2,137Operating result 2020: -€1,067-€1,067Net result 2020: -€1,067-€1,067201820192020-€30,000-€20,000-€10,000€0Operating result 2018: -€20,821-€20,800Net result 2018: -€20,901-€20,900Operating result 2019: -€2,137-€2,140Net result 2019: -€2,137-€2,140Operating result 2020: -€1,067-€1,070Net result 2020: -€1,067-€1,070201820192020
The operating result stays negative: a loss of €1,067 in 2020 against €2,137 in 2019; the loss shrinks.
Key figures and ratios
2020 value · change against 2019
EBITDA
-€448▲
2019 · -€1,518
Cash flow
-€448▲
2019 · -€1,518
Debt ≤ 1 year
€38,496▲
2019 · €38,049
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2020 against 2019 · 13 lines
Balance sheet Code20192020
Assets
Total assets20/58€619-
Fixed assets21/28€619-
Tangible fixed assets22/27€619-
Equity and liabilities
Total equity and liabilities10/49€619-
Equity10/15-€37,430-€38,496▼
Profit (loss) carried forward14-€43,630-€44,696▼
Amounts payable17/49€38,049€38,496▲
Amounts payable within one year42/48€38,049€38,496▲
Income statement Code20192020
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€619€619=
Operating profit (loss)9901-€2,137-€1,067▲
Profit (loss) for the period before taxes9903-€2,137-€1,067▲
Profit (loss) for the period9904-€2,137-€1,067▲
Profit (loss) for the period to be appropriated9905-€2,137-€1,067▲
Line201820192020Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€619€619€619=
Gross operating margin9900-€20,106---
Operating profit (loss)9901-€20,821-€2,137-€1,067▲ 50.1%
Recurring financial income75€1---
Recurring financial charges65€80---
Profit (loss) for the period before taxes9903-€20,901-€2,137-€1,067▲ 50.1%
Profit (loss) for the period9904-€20,901-€2,137-€1,067▲ 50.1%
Profit (loss) for the period to be appropriated9905-€20,901-€2,137-€1,067▲ 50.1%
Line201820192020Change
Assets
Total assets20/58€4,861€619--
Fixed assets21/28€1,239€619--
Tangible fixed assets22/27€1,239€619--
Current assets29/58€3,622---
Amounts receivable within one year40/41€3,622---
Equity and liabilities
Total equity and liabilities10/49€4,861€619--
Equity10/15-€35,292-€37,430-€38,496▼ 2.9%
Contributions10/11€6,200---
Profit (loss) carried forward14-€41,492-€43,630-€44,696▼ 2.4%
Amounts payable17/49€40,153€38,049€38,496▲ 1.2%
Amounts payable within one year42/48€40,153€38,049€38,496▲ 1.2%
Trade debts44€1,494---
Line201820192020Change
Profit (loss) for the period9904-€20,901-€2,137-€1,067▲ 50.1%
+ Depreciation and write-downs630€619€619€619=
Operating cash flow (approximation)-€20,281-€1,518-€448▲ 70.5%
Investment in fixed assets (approximation)-€0--

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2021
24-12
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 146 days late
24-12
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 511 days late
2019
26-08
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 26 days late
2018
30-08
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 30 days late
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, Kasterlee · 1 establishment unit since 2016
seat establishment The establishment unit on the map
Ground area
1,067 m²
Building footprint
155 m²
Volume, LiDAR
873 m³
Parcel 13038B0508/00E000, Flanders · tallest building 10.1 m, ±2 floors. Linked by address, not a title deed.
5 companies at this address See who is registered here
1 establishment unit
Squirl
Langendries 1, 2460 KasterleeComputer programming, consultancy and related activities
since 20162.257.893.843
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
13038B0508/00E000 Flanders 1,067 m² 1 · 155 m² 10.1 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.

Identification & contact

Identification
Legal formPrivate limited company (pre-2019)
Founded29-09-2016
Fiscal year end31-12
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

What can you do?

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Register as of 28 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.

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