Equity
SQUIRREL paid out €316,000 in dividends. That is 1,031% of the 2025 profit.
SQUIRREL paid out €316,000 in dividends. That is 1,031% of the 2025 profit.
The 2016 accounts came 1 day late. The other nine of the last ten were filed on time.
Higher solvency than 95% of companies in financial services. Sector median 61.1% · 3,042 companies.
The company is a financial institution: a bank, insurer or financial holding. Its balance sheet works differently from that of a trading or manufacturing company. A bankruptcy probability from the general model would mislead here.
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.
The company filed its last 7 accounts on average 63 days before the deadline. In the sector (NACE 64), the median for financial year 2024 was 14 days before the deadline, and 28% of those companies filed late.
| Company | ||||
|---|---|---|---|---|
| SQUIRREL Tournai | €2.1m | €28,713 | 99.7% | 0 |
| BART CLAES COMPANY Beringen | €2.1m | €32,980 | 75.7% | 0 |
| HSH Tournai | €3.0m | €44,715 | 84.6% | 0 |
| Aequo Animo Kortrijk | €1.8m | €32,992 | 23.3% | 0 |
| PHARMAPHIE HOLDING Ghent | €2.4m | €33,848 | 29.6% | 0 |
| JM BOUCHA INVEST Herve | €3.0m | €35,798 | 77.8% | 0 |
| VAN DE VOORDE HOLDING Lokeren | €2.9m | €26,392 | 97.6% | 0 |
These companies have the same main activity as SQUIRREL: activities of holding companies (NACE 64210). They are comparable in size and age: total assets between €1.8m and €3m, founded between 2012 and 2017.
SQUIRREL is a financial institution. The bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €2.1m and a net result of €30,656.
Equity grew by about 8.2% per year on average since 2018. In 2025 it fell by 12.1%. Its solvency ranks better than 95% of 3,042 sector peers (NACE 64, financial year 2025).
The company has been active since 2015 and the Belgian Official Gazette contains no insolvency or warning signals.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
The turnover shown is an estimate from the gross margin.
Amounts without an identifiable currency are taken as euros.
Higher than 95% of 3,042 companies in 2025.
Higher than 49% of 3,034 companies in 2025.
Net result: middle half · Equity: middle half · Balance sheet total: bottom quarter · Staff: bottom quarter
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||||||||
20/58 |
2.1m | 2.4m | 2.4m | 2.4m | 2.4m | 1.8m | 1.2m | 1.2m | 1.3m | 1.2m | 1.3m | |
20 |
- | - | - | - | - | - | - | 0 | 0 | 0 | 0 | |
21/28 |
352,210 | 355,726 | 404,962 | 442,358 | 458,675 | 432,353 | 702,222 | 702,692 | 702,692 | 702,692 | 547,608 | |
21 |
- | - | - | - | - | - | - | 0 | 0 | 0 | 0 | |
22/27 |
5,692 | 13,394 | 19,630 | 25,026 | 41,342 | 15,021 | - | - | - | - | - | |
22 |
- | - | - | - | - | - | - | 0 | 0 | 0 | 0 | |
23 |
- | - | - | - | - | - | - | 0 | 0 | 0 | 0 | |
24 |
5,692 | 13,394 | 19,630 | 25,026 | 41,342 | 15,021 | - | 0 | 0 | 0 | 0 | |
26 |
- | - | - | - | - | - | - | 0 | 0 | 0 | 0 | |
27 |
- | - | - | - | - | - | - | 0 | 0 | 0 | 0 | |
28 |
346,518 | 342,332 | 385,332 | 417,332 | 417,332 | 417,332 | 702,222 | 702,692 | 702,692 | 702,692 | 547,608 | |
29/58 |
1.7m | 2.0m | 2.0m | 2.0m | 1.9m | 1.4m | 525,025 | 529,123 | 573,913 | 511,898 | 714,716 | |
29 |
817,361 | 801,156 | 784,673 | 755,996 | 681,831 | - | - | - | - | - | - | |
290 |
- | - | - | - | - | - | - | 0 | 0 | 0 | 0 | |
291 |
817,361 | 801,156 | 784,673 | 755,996 | 681,831 | - | - | 0 | 0 | 0 | 0 | |
3 |
- | - | - | - | - | - | - | 0 | 0 | 0 | 0 | |
30/36 |
- | - | - | - | - | - | - | 0 | 0 | 0 | 0 | |
37 |
- | - | - | - | - | - | - | 0 | 0 | 0 | 0 | |
40/41 |
17,574 | 16,571 | 10,711 | 10,957 | 4,903 | 244 | 111,772 | 97,016 | 9,164 | 2,839 | 32,401 | |
40 |
10,000 | 10,500 | 10,500 | 10,718 | - | - | - | 0 | 0 | 0 | 591 | |
41 |
7,574 | 6,071 | 211 | 240 | 4,903 | 244 | 111,772 | 97,016 | 9,164 | 2,839 | 31,810 | |
50/53 |
0 | 504,186 | 670,000 | - | - | - | - | 0 | 0 | 0 | 0 | |
54/58 |
897,513 | 701,198 | 527,186 | 1.2m | 1.2m | 1.4m | 413,253 | 432,107 | 494,750 | 509,059 | 682,315 | |
490/1 |
990 | 3,174 | 5,898 | 840 | 1,726 | 478 | - | 0 | 70,000 | 0 | 0 | |
| Balance sheet: equity and liabilities | ||||||||||||
10/49 |
2.1m | 2.4m | 2.4m | 2.4m | 2.4m | 1.8m | 1.2m | 1.2m | 1.3m | 1.2m | 1.3m | |
10/15 |
2.1m | 2.4m | 2.4m | 2.4m | 2.2m | 1.7m | 1.2m | 1.2m | 1.2m | 1.2m | 1.3m | |
10/11 |
1.3m | 1.3m | 1.3m | 1.3m | 1.3m | 1.3m | 1.3m | 1.3m | 1.3m | 1.3m | 1.3m | |
100 |
- | - | - | - | - | - | 1.3m | 1.3m | 1.3m | 1.3m | 1.3m | |
101 |
- | - | - | - | - | - | - | 0 | 0 | 0 | 0 | |
11 |
- | - | - | - | - | - | - | 0 | 0 | 0 | 0 | |
1100/10 |
- | - | - | - | - | - | - | 0 | 0 | 0 | 0 | |
12 |
- | - | - | - | - | - | - | 0 | 0 | 0 | 0 | |
13 |
792,813 | 1.1m | 1.1m | 1.1m | 958,923 | 450,167 | - | - | - | - | - | |
130 |
- | - | - | - | - | - | - | 0 | 0 | 0 | 0 | |
1312 |
- | - | - | - | - | - | - | 0 | 0 | 0 | 0 | |
1319 |
- | - | - | - | - | - | - | 0 | 0 | 0 | 0 | |
132 |
- | - | - | - | - | - | - | 0 | 0 | 0 | 0 | |
133 |
792,813 | 1.1m | 1.1m | 1.1m | 958,923 | 450,167 | - | 0 | 0 | 0 | 0 | |
14 |
0 | -740 | -740 | - | - | 0 | -108,499 | -85,487 | -40,890 | -77,223 | -24,942 | |
15 |
- | - | - | - | - | - | - | 0 | 0 | 0 | 0 | |
160/5 |
- | - | - | - | - | - | - | 0 | 0 | 0 | 0 | |
160 |
- | - | - | - | - | - | - | 0 | 0 | 0 | - | |
161 |
- | - | - | - | - | - | - | 0 | 0 | 0 | - | |
162 |
- | - | - | - | - | - | - | 0 | 0 | 0 | - | |
163 |
- | - | - | - | - | - | - | 0 | 0 | 0 | - | |
164/5 |
- | - | - | - | - | - | - | 0 | 0 | 0 | - | |
168 |
- | - | - | - | - | - | - | 0 | 0 | 0 | 0 | |
17/49 |
5,703 | 16,722 | 39,221 | 69,777 | 148,038 | 85,965 | 48,613 | 30,170 | 30,363 | 4,681 | 133 | |
175 |
- | - | - | - | - | - | - | 0 | 0 | 0 | 0 | |
176 |
- | - | - | - | - | - | - | 0 | 0 | 0 | 0 | |
178/9 |
- | - | - | - | - | - | - | 0 | 0 | 0 | 0 | |
42/48 |
5,703 | 16,722 | 39,221 | 68,909 | 148,038 | 85,965 | 48,613 | 30,170 | 30,363 | 4,681 | 133 | |
42 |
- | - | - | - | - | - | - | 0 | 0 | 0 | 0 | |
430/8 |
- | - | - | - | - | - | - | 0 | 0 | 0 | 0 | |
439 |
- | - | - | - | - | - | - | 0 | 0 | 0 | 0 | |
44 |
2,315 | 3,847 | 1,361 | 1,771 | 15,963 | 15,534 | 3,634 | 3,175 | 3,111 | 4,211 | 133 | |
440/4 |
2,315 | 3,847 | 1,361 | 1,771 | 15,963 | 15,534 | 3,634 | 3,175 | 3,111 | 4,211 | 133 | |
441 |
- | - | - | - | - | - | - | 0 | 0 | 0 | 0 | |
46 |
- | - | - | - | - | - | - | 0 | 0 | 0 | 0 | |
45 |
0 | 12,875 | 27,639 | 65,820 | 130,619 | 68,951 | 25,500 | 26,981 | 26,488 | - | - | |
450/3 |
0 | 12,875 | 27,639 | 65,820 | 96,094 | 45,038 | 12,000 | 18,000 | 13,400 | 0 | 0 | |
454/9 |
- | - | - | 0 | 34,525 | 23,914 | 13,500 | 8,981 | 13,088 | 0 | 0 | |
47/48 |
3,389 | 0 | 10,220 | 1,319 | 1,456 | 1,480 | 19,480 | 14 | 763 | 470 | 0 | |
492/3 |
- | - | 0 | 868 | - | - | - | 0 | 0 | 0 | 0 | |
| Income statement | ||||||||||||
70 |
- | - | - | - | - | - | - | - | 0 | 0 | 0 | |
76A |
- | - | 0 | 312 | - | 617,757 | - | 0 | 0 | 154,614 | 0 | |
9900 |
28,713 | 26,530 | 28,268 | 111,271 | 76,541 | -11,706 | -37,341 | -45,284 | -34,075 | 144,762 | -25,743 | |
60/61 |
- | - | - | - | - | - | - | - | 0 | 0 | 0 | |
62 |
- | - | - | - | - | - | - | 0 | 0 | 0 | 0 | |
630 |
7,767 | 7,493 | 7,351 | 7,111 | 8,277 | 979 | - | 0 | 0 | 0 | 0 | |
631/4 |
- | - | - | - | - | - | - | 0 | 0 | 0 | 0 | |
635/8 |
- | - | - | - | - | - | - | 0 | 0 | 0 | 0 | |
640/8 |
1,344 | 1,107 | 1,403 | 1,323 | 2,392 | 1,029 | 12,617 | 0 | 0 | 0 | 348 | |
649 |
- | - | - | - | - | - | - | 0 | 0 | 0 | 0 | |
66A |
- | - | - | - | 0 | 470 | 470 | 0 | 0 | 0 | 0 | |
9901 |
19,602 | 17,931 | 19,514 | 102,836 | 65,872 | -14,185 | -49,958 | -45,284 | -34,075 | 144,762 | -26,091 | |
75/76B |
28,141 | 42,838 | 25,133 | 31,103 | 494,120 | 618,109 | 41,626 | 759 | 70,496 | 3,475 | 1,241 | |
75 |
28,141 | 42,838 | 25,133 | 31,103 | 32,792 | 352 | 41,626 | 759 | 70,496 | 3,475 | 1,241 | |
76B |
- | - | - | 0 | 461,327 | 617,757 | - | 0 | 0 | 0 | - | |
65/66B |
271 | 43,718 | 32,511 | 281 | 180 | 115 | 14,546 | 72 | 88 | 200,088 | 93 | |
65 |
271 | 718 | 511 | 281 | 180 | 585 | 14,076 | 72 | 88 | 200,088 | 93 | |
66B |
0 | 43,000 | 32,000 | - | 0 | -470 | 470 | 0 | 0 | 0 | - | |
9903 |
47,473 | 17,051 | 12,136 | 133,658 | 559,812 | 603,809 | -22,879 | -44,597 | 36,333 | -51,851 | -24,942 | |
67/77 |
16,817 | 15,971 | 12,875 | 14,764 | 51,056 | 45,143 | 133 | 0 | 0 | 0 | 0 | |
9904 |
30,656 | 1,080 | -740 | 118,895 | 508,756 | 558,666 | -23,012 | -44,597 | 36,333 | -51,851 | -24,942 | |
789 |
- | - | - | - | - | - | - | 0 | 0 | 0 | 0 | |
689 |
- | - | - | - | - | - | - | 0 | 0 | 0 | 0 | |
9905 |
30,656 | 1,080 | -740 | 118,895 | 508,756 | 558,666 | -23,012 | -44,597 | 36,333 | -51,851 | -24,942 | |
| Appropriation of the result | ||||||||||||
9906 |
29,916 | 340 | -740 | 118,895 | 508,756 | 450,167 | -108,499 | -85,487 | -40,890 | -77,223 | -24,942 | |
14P |
-740 | -740 | - | - | 0 | - | - | - | - | - | - | |
791/2 |
316,000 | - | - | - | - | - | - | 0 | 0 | 0 | 0 | |
691/2 |
29,916 | 1,080 | 0 | 118,895 | 508,756 | 450,167 | - | - | - | - | - | |
691 |
- | - | - | - | - | - | - | 0 | 0 | 0 | 0 | |
6920 |
- | - | - | - | - | - | - | 0 | 0 | 0 | 0 | |
6921 |
29,916 | 1,080 | 0 | 118,895 | 508,756 | 450,167 | - | 0 | 0 | 0 | 0 | |
694/7 |
316,000 | - | - | - | - | - | - | - | - | - | - | |
694 |
316,000 | - | - | - | - | - | - | 0 | 0 | 0 | 0 | |
695 |
- | - | - | - | - | - | - | 0 | 0 | 0 | 0 | |
696 |
- | - | - | - | - | - | - | 0 | 0 | 0 | - | |
| Social balance sheet | ||||||||||||
9087 |
0 | 0 | 0 | - | - | - | - | - | 0 | 0 | - | |
| Document | ||||||||||||
The notes to these accounts have 12 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).
Source: Annual accounts 2025 (PDF), filed on 21-05-2026.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | full format | 21-05-2026 | 2026-00119559 | |
| 31-12-2024 | full format | 02-06-2025 | 2025-00126115 | |
| 31-12-2023 | full format | 08-07-2024 | 2024-00232387 | |
| 31-12-2022 | full format | 16-05-2023 | 2023-00089255 | |
| 31-12-2021 | full format | 13-05-2022 | 2022-20029956 | |
| 31-12-2020 | full format | 17-05-2021 | 2021-14300333 | |
| 31-12-2019 | full format | 04-06-2020 | 2020-14800298 | |
| 31-12-2018 | full format | 02-07-2019 | 2019-28300566 | |
| 31-12-2017 | full format | 05-06-2018 | 2018-16000532 | |
| 31-12-2016 | full format | 01-08-2017 | 2017-40100191 | |
| 31-12-2015 | full format | 31-08-2016 | 2016-56800109 |
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 4,252 | 1,257 | 1,955 | 482 | 34,598 | 16,000 | - | 0 | 0 | 470 | 547,608 | ||
| 196,315 | 174,012 | -697,390 | -22,382 | -143,232 | 976,937 | -18,855 | -62,642 | -14,310 | -173,255 | - | ||
| 99.7% | 99.3% | 98.4% | 97.1% | 93.8% | 95.3% | 96.0% | 97.6% | 97.6% | 99.6% | 100.0% | ||
| 1.5% | 0.0% | 0.0% | 5.0% | 22.7% | 32.2% | -2.0% | -3.7% | 2.9% | -4.3% | -2.0% | ||
| 1.5% | 0.0% | 0.0% | 4.9% | 21.3% | 30.6% | -1.9% | -3.6% | 2.8% | -4.3% | -2.0% |
A ratio outside any meaningful range has been withheld (balance sheet total €2.1m, equity €2.1m).
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.
| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | €66 | €1,257 | €1,955 | €482 | €34,598 |
| Financial fixed assets | €4,186 | - | - | - | - |
| €7,767 | €7,493 | €7,351 | €7,111 | €8,277 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
The operating result for 2025 is 9% higher than in 2024 and the highest since 2022. It is a recovery after the fall in 2024.
Debt's share of the balance-sheet total falls from 0.7% to 0.3%. Equity and debt are lower.
Source: list of holdings in its own 2019 accounts. The amounts are in that list and come from the holdings' accounts at 31-12-2018, in their own currency.
The connected companies are in the list below.
Deadline for the 2026 accounts: 31-07-2027
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
| Establishment | Since | Unit number |
|---|---|---|
| Rue Albert Allard 27 registered office 7500 Tournai 7010001 Activities of head offices | 26-03-2015 | 2.241.655.548 |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 57463L0484/00L055 | 399 m² | 1 · 148 m² | 10.6 m · 3 |
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