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SQUIRREL

Active Public limited companyfounded 1992active for 34 yearsClos de l'Ecureuil 4, 1410 WaterlooKBO/BCE: BE 0447.984.996
SQUIRREL
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Overview

Lifetime

20 annual accounts with figures on one time axis, 34 filings since 1992
peak €10,136 (2015)
€5,474▼ 13.9%
lowest -€7,258 (2011)
-€121▼ €293
peak €94,472 (2006)
€56,231▼ 0.2%
€233▼ 90.2%
Board3 names since 2004
3 directors and 2 others
Documentsfilings and deeds
22-07-20269 days before the deadline
2025micro format
Gross margin from €6,359 to €5,474Loss of €121Debts from €2,387 to €233

Key points

from the 2025 annual accounts

Equity

€56,231 from €94,472 in 2006

Equity fell by 40% in 19 years.

Liquidity

88.07 was 8.98 in 2024

Short-term debts fell from €2,387 to €233.

Filings

34 annual accounts since 1992
AprilJune31 JulyOctober200020102020

Five of the last ten came late. The 2023 accounts came latest: 68 days after the end of the period.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 12,322 companies had the same profile as SQUIRREL has now. Each dot stands for 31 companies, two years later.

90.3%
were still trading
8.5%
stopped another way
0.7%
went bankrupt
  • Micro
  • 20 years or older
  • solvency 30% or more
  • a small loss

Another 0.4% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,331 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 2.9% 3.1%
10 5.6% 6.1%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 12,322 companies, not a prediction for SQUIRREL. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

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

Signals

Board and ownership

Managing director
Director, since 01-07-2024
Director, since 01-07-2024
Board & ownership

Recent changes

Reappointment: (managing director) General meeting of 18-05-2021 · Gazette deed
Reappointments: (director) and (director) General meeting of 15-05-2018 · Gazette deed
1 director resigning, 2 reappointments Reappointments: and · Resignation: (chair of the board) · General meeting of 21-05-2013 · Gazette deed
First establishment Clos de l'Ecureuil 4, Waterloo
All 50 events

Official details

Source: KBO
Status
Active since 06-08-1992Normal situation
Activity
No activity registered in the KBO
Establishment unit
2.059.145.2961410 Waterloo, since 12-10-1992
Financial year end
31 December
Peppol
Not found in the Peppol Directory
Company details

Annual accounts 2025

€5,474▼ 13.9%
≈ €42,000estimated
€121
€56,231▼ 0.2%
€56,464▼ 3.9%
Filing
Filed on 22-07-2026, 9 days before the end of the filing period
Financials

Insights on SQUIRREL

SQUIRREL files the micro format. That format states no turnover. The gross margin fell from €7,410 in 2006 to €5,474 in 2025.

In March 2022, the Official Gazette published the appointment of as managing director.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette.

Financials

Annual accounts 2025

micro format, filed on 22-07-2026, 9 days before the deadline
€5,474
▼ 13.9%
€42
▼ 85.8%
-€121
▼ €293
€20,308
▲ 6.6%
99.6%
▲ 3.7 percentage points
88.07
▲ 79.09

Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.

Turnover ≈ €42,000. Estimated: probably between €19,000 and €100,000.

Balance sheet

balance sheet total €56,464 on 31-12-2025
What the company ownsHow it is paid for

in euro

in euro

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend20252024202320222021202020192018201720162015201420132012201120102009200820072006
Balance sheet: assets
20/58 56,46458,74058,10761,99063,02364,11466,49171,09573,16573,96774,86470,61875,13380,81489,04091,47992,21894,23694,23597,541
21/28 35,92337,30239,43641,57042,94945,44747,09751,11150,15753,58952,05853,85961,97765,00671,87262,38965,27470,81176,84877,209
22/27 35,92337,30239,43641,57042,94945,44747,09751,11150,15753,58952,05853,85961,97765,00671,87262,38965,27470,81176,84877,209
22 35,10035,10035,10035,10035,10035,10035,10035,10035,10035,10038,09536,22237,56138,90040,23941,57842,91744,25645,59546,934
23 8231,7883,0534,3176,2608,27811,99716,01115,05718,48913,96317,63724,41626,10631,63320,81122,35726,55631,25330,276
24 04141,2842,1541,5892,069--------------
29/58 20,54121,43718,67120,42020,07418,66719,39419,98423,00820,37822,80616,75813,15615,80817,16729,09026,94523,42517,38720,331
40/41 -0205-------2,380188533-------
40 -0205-------2,380---------
41 -----------188533-------
54/58 3,5732,7861,8533,5584,7604,5675,2985,90319,80417,35617,41013,5539,61412,89616,91826,21623,11922,52514,68720,124
490/1 16,96818,65216,61316,86215,31414,10014,09614,0813,2043,0223,0163,0173,0092,9122492,8733,8269002,700208
Balance sheet: equity and liabilities
10/49 56,46458,74058,10761,99063,02364,11466,49171,09573,16573,96774,86470,61875,13380,81489,04091,47992,21894,23694,23597,541
10/15 56,23156,35256,18060,13162,17861,42164,18369,54271,91471,64071,16169,76673,84779,13982,33789,59590,93892,59393,22494,472
10/11 99,15799,15799,15799,15799,15799,15799,15799,15799,15799,15799,15799,15799,15799,15799,15799,15799,15799,15799,15799,157
10 99,15799,15799,15799,15799,157---------------
100 99,15799,15799,15799,15799,157-99,15799,15799,15799,15799,15799,15799,15799,15799,15799,15799,15799,15799,15799,157
11 -----99,157--------------
1109/19 -----99,157--------------
14 -42,926-42,805-42,977-39,026-36,979-37,737-34,974-29,615-27,243-27,518-27,996-29,392-25,310-20,018-16,820-9,562-8,220-6,564-5,933-4,685
17/49 2332,3871,9271,8598452,6932,3071,5531,2512,3273,7038521,2851,6756,7021,8841,2811,6431,0113,069
42/48 2332,3871,9271,3423352,1761,8071,0537511,8273,0031502841,1606,1801,0347741,1435112,565
44 12513845234240369---1,3002,6731502848815,7312933262185112,565
440/4 12513845234240369---1,3002,6731502848815,7312933262185112,565
45 ---------527----------
454/9 ---------527----------
47/48 1082,2501,4751,308951,8071,8071,053751-330--279449741448925--
492/3 --05175105175005005005007007021,002515522850507500500504
Income statement
9900 5,4746,3592,1814,1866,7754,7682,1185,0277,0247,73510,1367,4396,2327,7113,4267,6597,3108,1297,6737,410
630 1,3792,1342,1342,5462,4984,0534,0144,0143,4324,0004,7978,1188,1177,6087,5345,8325,5386,0376,0375,469
640/8 4,0533,9293,7923,4683,3363,3143,3233,2663,2073,1543,8503,3433,3333,2693,1793,1283,4132,6742,8993,065
9901 42297-3,746-1,828941-2,599-5,219-2,2523855821,490-4,022-5,218-3,167-7,287-1,301-1,640-581-1,263-1,124
75/76B -01--1-0---381715108-803401,429
75 -01--1-0---381715108-803401,429
65/66B 163125206219184165140120110103949689436341837910394
65 163125206219184165140120110103949689436341837910394
9903 -121172-3,951-2,047758-2,763-5,359-2,3722754791,395-4,080-5,290-3,195-7,242-1,343-1,643-626-1,365210
67/77 -----------22316-125-117719
9904 -121172-3,951-2,047758-2,763-5,359-2,3722754791,395-4,082-5,292-3,198-7,258-1,343-1,655-631-1,248-509
9905 -121172-3,951-2,047758-2,763-5,359-2,3722754791,395-4,082-5,292-3,198-7,258-1,343-1,655-631-1,248-509
Appropriation of the result
9906 -42,926-42,805-42,977-39,026-36,979-37,737-34,974-29,615-27,243-27,518-27,996-29,392-25,310-20,018-16,820-9,562-8,220-6,564-5,933-4,685
14P -42,805-42,977-39,026-36,979-37,737---------------
Document PDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDF

The accounts for 14 older financial years (1992-2005) were filed as documents without figures as data, scans for example.

The notes to these accounts have 4 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Source: Annual accounts 2025 at the NBB, filed on 22-07-2026.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank
Financial year Type Filed Reference Document
31-12-2025 micro format 22-07-2026 2026-00318560 PDF
31-12-2024 micro format 13-06-2025 2025-00137095 PDF
31-12-2023 micro format 07-10-2024 2024-00497387 PDF
31-12-2022 micro format 28-06-2023 2023-00209305 PDF
31-12-2021 micro format 30-08-2022 2022-20363947 PDF
31-12-2020 micro format 31-08-2021 2021-62000118 PDF
31-12-2019 micro format 05-08-2020 2020-39800469 PDF
31-12-2018 micro format 24-06-2019 2019-22000224 PDF
31-12-2017 micro format 06-06-2018 2018-16600438 PDF
31-12-2016 micro format 01-09-2017 2017-59400260 PDF
31-12-2015 full format 23-09-2016 2016-61300259 PDF
31-12-2014 full format 22-07-2015 2015-33600456 PDF
31-12-2013 full format 03-09-2014 2014-57600552 PDF
31-12-2012 full format 19-09-2013 2013-58900160 PDF
31-12-2011 full format 19-09-2012 2012-56900517 PDF
31-12-2010 full format 06-09-2011 2011-54000014 PDF
31-12-2009 full format 07-10-2010 2010-57400084 PDF
31-12-2008 full format 19-06-2009 2009-25900240 PDF
31-12-2007 full format 29-08-2008 2008-71400288 PDF
31-12-2006 full format 22-06-2007 2007-25700239 PDF
31-12-2005 full format 13-06-2006 2006-22703776 PDF
31-12-2004 full format 27-05-2005 2005-17503235 PDF
31-12-2003 full format 22-07-2004 2004-49000448 PDF
31-12-2002 full format 13-08-2003 2003-61403277 PDF
31-12-2001 full format 10-09-2002 2002-54604199 PDF
31-12-2000 full format 30-08-2001 2001-52805237 PDF
31-12-1999 full format 14-09-2000 2000-56500905 PDF
31-12-1998 full format 06-09-1999 1999-44405044 PDF
31-12-1997 full format 01-10-1998 1998-50405322 PDF
31-12-1996 full format 19-01-1998 1998-01104603 PDF
31-12-1995 full format 11-12-1996 1996-53300893 PDF
31-12-1994 full format 03-06-1996 1996-11504762 PDF
31-12-1993 full format 06-06-1994 1994-11801683 PDF
31-12-1992 full format 07-06-1993 1993-10505427 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend20252024202320222021202020192018201720162015201420132012201120102009200820072006
1,4212,431-1,6117183,4391,454-1,2051,7623,8174,5826,2864,0962,8994,4422474,5313,8975,4564,7744,345
1,2582,306-1,8174993,2561,290-1,3451,6423,7074,4786,1924,0362,8254,4102774,4903,8825,4064,7884,960
0001,16802,40304,96805,5312,99505,08874217,0172,948005,6752,279
787933-1,705-1,202193-731-605-13,9022,448-543,8573,939-3,282-4,022-9,2983,0975947,837-5,437-
20,30819,05016,74419,07819,74016,49117,58618,93122,25718,55119,80316,60812,87214,64810,98728,05626,17122,28216,87617,766
99.6%95.9%96.7%97.0%98.7%95.8%96.5%97.8%98.3%96.9%95.1%98.8%98.3%97.9%92.5%97.9%98.6%98.3%98.9%96.9%
88.078.989.6915.2259.988.5810.7318.9830.6411.157.59-46.4013.622.7828.1434.8320.4934.007.93
0.000.040.030.030.010.040.040.020.020.030.050.010.020.020.080.020.010.020.010.03
-0.2%0.3%-7.0%-3.4%1.2%-4.5%-8.3%-3.4%0.4%0.7%2.0%-5.9%-7.2%-4.0%-8.8%-1.5%-1.8%-0.7%-1.3%-0.5%
-0.2%0.3%-6.8%-3.3%1.2%-4.3%-8.1%-3.3%0.4%0.6%1.9%-5.8%-7.0%-4.0%-8.2%-1.5%-1.8%-0.7%-1.3%-0.5%
8.7119.51-7.823.2718.74---------------

A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.

Investments

fixed assets acquired
Item20252024202320222021
Tangible fixed assets---€1,168-
€1,379€2,134€2,134€2,546€2,498

Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)

Insights on SQUIRREL

The operating result for 2025 is 86% lower than in 2024.

Debt's share of the balance-sheet total falls from 4.1% to 0.4%. Equity and debt are lower.

Board & ownership

Board

3 directors, 1 in day-to-day management, last change in 2017
Director
since 01-07-2024 term until 30-06-2030
listed in the 2025 annual accounts, filed on 22-07-2026
Director
since 01-07-2024 term until 30-06-2030
listed in the 2025 annual accounts, filed on 22-07-2026
Managing director
managing director since 01-07-2024 managing director in office according to the deed of 10-03-2022 term until 30-06-2030
earlier chair of the board, until 28-06-2017
listed in the 2025 annual accounts, filed on 22-07-2026

Office holders in the KBO →

Mandates through the years

3 names, the dashed line is today

Managing director

Director

Director
LeadershipBoardEarlierRest of the termmandate already running before its first mention
Mandates as a list
    • Managing director, from 18-05-2004 to date
    • Chair of the board, until 28-06-2017
    • Managing director, since before 10-03-2022
    • Director, from 03-06-2006 to date
    • Director, from 03-06-2006 to date

See the board, name and registered office on a given date →

Control

See the annual accounts at the National Bank and the publications in the Belgian Official Gazette.

Capital

Capital
€99,157.41
Source
2025 annual accounts

Network & group

No group

SQUIRREL has no parent and no holdings in its annual accounts. SQUIRREL shares no director with another company.

At the same address

Clos de l'Ecureuil 4, 1410 Waterloo · 1 other company
Maters, Alain (sole trader)
establishment since 03-06-1993
 founded in 1993
0775.124.624

Timeline

Timeline

50 events since 1992

Deadline for the 2026 accounts: 31-07-2027

2026
Annual accounts 2025 filed NBBmicro format · 9 days before the deadline
2025
Liquidity more than 9 times current ratio 88.07 The current ratio rises from 8.98 to 88.07. Short-term debt falls from €2,387 to €233.
Annual accounts 2024 filed PDFmicro format · 48 days before the deadline
2024
Back to profit net €172 The net result is €172, after 2 loss-making years.
Annual accounts 2023 filed PDFmicro format · 68 days late
2023
Annual accounts 2022 filed PDFmicro format · 33 days before the deadline
2022
Annual accounts 2021 filed PDFmicro format · 30 days late
Reappointment: (managing director)General meeting of 18-05-20212 points ▸
  • General meeting, 18-05-2021
  • Director reappointment, (managing director)
  • The deed holds 2 more points.

Open the deed in the Belgian Official Gazette

2021
Back to profit net €758 The net result is €758, after 3 loss-making years.
Liquidity more than 6 times current ratio 59.98 The current ratio rises from 8.58 to 59.98. Short-term debt falls from €2,176 to €335.
Annual accounts 2020 filed PDFmicro format · 31 days late
2020
Annual accounts 2019 filed PDFmicro format · 5 days late
2019
Annual accounts 2018 filed PDFmicro format · 37 days before the deadline
2018
Reappointments: (director) and (director)General meeting of 15-05-20183 points ▸
  • General meeting, 15-05-2018
  • Director reappointment,
  • Director reappointment,

Open the deed in the Belgian Official Gazette

Annual accounts 2017 filed PDFmicro format · 55 days before the deadline
2017
Liquidity more than doubled current ratio 30.64 The current ratio rises from 11.15 to 30.64. Short-term debt falls from €1,827 to €751.
Annual accounts 2016 filed PDFmicro format · 32 days late
1 director resigning, 2 reappointmentsReappointments: and · Resignation: (chair of the board) · General meeting of 21-05-20134 points ▸
  • General meeting, 21-05-2013
  • Director reappointment,
  • Director reappointment,
  • Director resignation, (chair of the board)

Open the deed in the Belgian Official Gazette

2016
Annual accounts 2015 filed PDFfull format · 54 days late
2015
Back to profit net €1,395 The net result is €1,395, after 9 loss-making years.
Annual accounts 2014 filed PDFfull format · 9 days before the deadline
2014
Liquidity more than doubled current ratio 111.72 The current ratio rises from 46.40 to 111.72. Short-term debt falls from €284 to €150.
Annual accounts 2013 filed PDFfull format · 34 days late
2013
Liquidity more than triples current ratio 46.40 The current ratio rises from 13.62 to 46.40. Short-term debt falls from €1,160 to €284.
Annual accounts 2012 filed PDFfull format · 50 days late
2012
Liquidity more than quadruples current ratio 13.62 The current ratio rises from 2.78 to 13.62. Short-term debt falls from €6,180 to €1,160.
Annual accounts 2011 filed PDFfull format · 50 days late
2011
Weakest financial year net -€7,258 The net result drops to -€7,258, the lowest from 2006 to 2025. It recovers the following year.
Annual accounts 2010 filed PDFfull format · 37 days late
2010
Annual accounts 2009 filed PDFfull format · 68 days late
2009
Annual accounts 2008 filed PDFfull format · 42 days before the deadline
2008
Annual accounts 2007 filed PDFfull format · 29 days late
2007
Liquidity more than quadruples current ratio 34.00 The current ratio rises from 7.93 to 34.00. Short-term debt falls from €2,565 to €511.
Annual accounts 2006 filed PDFfull format · 39 days before the deadline
2006
Annual accounts 2005 filed PDFfull format
2005
Annual accounts 2004 filed PDFfull format
2004
Annual accounts 2003 filed PDFfull format
2003
Annual accounts 2002 filed PDFfull format
2002
Annual accounts 2001 filed PDFfull format
2001
Annual accounts 2000 filed PDFfull format
2000
Annual accounts 1999 filed PDFfull format
1999
Annual accounts 1998 filed PDFfull format
1998
Annual accounts 1997 filed PDFfull format
Annual accounts 1996 filed PDFfull format
1996
Annual accounts 1995 filed PDFfull format
Annual accounts 1994 filed PDFfull format
1994
Annual accounts 1993 filed PDFfull format
1993
Annual accounts 1992 filed PDFfull format
1992
First establishment Clos de l'Ecureuil 4, Waterloo
Incorporation published on 27-08-1992

Financial milestones sit on the financial year-end date, not the filing date.

Sources: Publications in the Belgian Official GazetteFilings with the National Bank

History

On 6 August 1992, SQUIRREL was incorporated.1 Total assets went from €71,095 in 2018 to €56,464 in 2025.2

  1. 1KBO register
  2. 2National Bank, annual accounts 2018 and 2025

Company details

Identity

Enterprise number
0447.984.996
VAT number
BE 0447.984.996
Legal form
Public limited company
Status
Active, normal situation
Founded
06-08-1992
Financial year
ends on 31 December
Peppol
Not found in the Peppol Directory
Name
SQUIRREL in French
Entity type
Legal entity

Registered office and establishments

1 establishment
Establishment Since Unit number
Clos de l'Ecureuil 4 registered office 1410 Waterloo 68201 Renting and operating of own or leased residential real estate, excluding social housing 12-10-1992 2.059.145.296

Buildings and parcels at the address

Ground area
1,478 m²
Buildings
196 m²
Volume, LiDAR
1,068 m³
Tallest building
6.9 m
Buildings to scale, each on its own parcel
196 m², 6.9 m 196 m², 6.9 m

Location

registered office establishment The establishment unit on the map
2 companies at this address See who is registered here

Parcels

Cadastral parcelArea Buildings Height / floors
25763I0394/00H0021,478 m² 1 · 196 m² 6.9 m · 2

Invoicing and payment

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Register as of 11 November 2026 · Peppol Directory

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