Equity
€1,793 from €55,026 in 2022
Equity fell by 97% in 3 years.
SQUISH
Lifetime
15 annual accounts with figures on one time axispeak €38,051 (2021)
€3,986▼ 20.7%
lowest -€36,775 (2024)
-€14,957▲ €21,818
peak €55,026 (2022)
€1,793▼ 89.3%
€25,218▼ 82.3%
Board1 name since 2010
1 directorKEFER LAURENT
Documentsfilings and deeds
20-08-202620 days late
2025micro format
Gross margin from €5,029 to €3,986Loss of €14,957Equity from €16,750 to €1,793Debts from €142,849 to €25,218
Key points
from the 2025 annual accountsLosses
-€53,233 in three years
Every financial year from 2023 to 2025 closed with a loss. 2024 was the heaviest.
Turnover
≈ €18,000 estimated
The micro format states no turnover.
Debts
€25,218 93% of the balance sheet
Suppliers 74%Taxes and wages 20%Other 6%
Filings
15 annual accounts since 2011
Ten of the last ten came late. The 2019 accounts came latest: 66 days after the end of the period.
Position in the sector
-€14,957
Lower net result than 91% of companies in head offices and management consultancy. Sector median €27,132 · 39,384 companies.
Checked score
53
Fair
Financially stronger than 14% of micro companies in head offices and management consultancy (NACE 70)
Probability in this band: 1.5% to 4.2%
A net loss of at least half of total assets or of the equity at the start of the financial year caps the score at 59.
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 48,572 companies (NACE 70, micro).
About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.1%
01-2025: 0.1%● unchanged vs 12-2024
02-2025: 0.1%● unchanged vs 01-2025
03-2025: 0.1%● unchanged vs 02-2025
04-2025: 0.1%● unchanged vs 03-2025
05-2025: 0.1%● unchanged vs 04-2025
06-2025: 0.1%● unchanged vs 05-2025
07-2025: 0.2%▲ +0.1 percentage points vs 06-2025
08-2025: 0.3%▲ +0.1 percentage points vs 07-2025
09-2025: 0.4%▲ +0.1 percentage points vs 08-2025
10-2025: 0.4%● unchanged vs 09-2025
11-2025: 0.4%● unchanged vs 10-2025
12-2025: 0.4%● unchanged vs 11-2025
01-2026: 0.4%● unchanged vs 12-2025
02-2026: 0.4%● unchanged vs 01-2026
03-2026: 0.4%● unchanged vs 02-2026
04-2026: 0.4%● unchanged vs 03-2026
05-2026: 0.3%▼ -0.1 percentage points vs 04-2026
06-2026: 0.3%● unchanged vs 05-2026
07-2026: 0.4%▲ +0.1 percentage points vs 06-2026
08-2026: 0.6%▲ +0.2 percentage points vs 07-2026highest value
09-2026: 0.1%▼ -0.5 percentage points vs 08-2026lowest value
10-2026: 0.1%● unchanged vs 09-2026lowest value
11-2026: 0.1%● unchanged vs 10-2026lowest value
Financial strengthWeak
Score breakdown
raises risk
Capped at 59: a net loss of at least half of total assets or of the equity at the start of the financial year
Loss of €14,957, the second in a row (financial year 2025)
lowers risk
Size: total assets €27,011
Sector: Activities of head offices; management consultancy activities (NACE 70)
Liquidity: current ratio 0.67, cash €14,980
Calculation
The band follows from the bankruptcy probability. 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 70, micro). It does better than 14% of them on solvency, 33% on liquidity, 4% on profitability and 6% on growth.
The bankruptcy probability was computed on 10-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 642 companies had the same profile as SQUISH has now. Each dot stands for 2 companies, two years later.
89.9%
were still trading
5.5%
stopped another way
3.6%
went bankrupt
Another 1.1% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of SQUISH itself is lower: 0.1% within 12 months. It rests on far more data about SQUISH than the profile alone.
Test of the method
The method was tested on the 497,447 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.
| 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 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
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 642 companies, not a prediction for SQUISH. 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
No publishable credit limit, so credit only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity is insufficient, with a current ratio of 0.67 (0.68 in 2024), below 1. Short-term debt is 93.4% and cash 55.5% of total assets. 93.4% of the assets are financed with debt and provisions.
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
Seven signals.
lowers riskraises risk
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year -€14,957
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 14% of 39368 sector peers (2025).
NBB · sector comparisonPosition among 39368 sector peers
Solvency
better than 14%
← weakest
strongest →
raises risk · 2025 accounts filed 20 days late
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 · 10 filingsDeviation from the deadline
2025
20 days late
2024
22 days late
2023
22 days late
2022
29 days late
2021
31 days late
2020
6 days late
2019
66 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 28 days after the deadline. In the sector (NACE 70), the median for financial year 2024 was 9 days before the deadline, and 32% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 23 August (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0830073639
Incorporation
published on 19-10-2010 · Gazette deed
First establishment
Chemin d' Hestroy 10, Profondeville
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| SQUISH Profondeville | €27,011 | €3,986 | 6.6% | - |
| APEL La Bruyère | €21,472 | €4,157 | -121.7% | - |
| HUMALYS Seneffe | €30,938 | €4,372 | 51.8% | - |
| MARKETING, MANAGEMENT & CONSULTANCY FOR INDUSTRIAL ADHESIVES Marchin | €27,028 | €4,251 | 60.5% | - |
| ConsultActively Sint-Gillis (bij-Brussel) | €25,623 | €4,879 | 55.6% | - |
| CALUDIAN Denderleeuw | €26,579 | €4,946 | -49.6% | - |
| J.M. KONINGS SERVICES Wetteren | €27,050 | €4,671 | 18.3% | - |
These companies have the same main activity as SQUISH: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €21,500 and €30,900, founded between 2010 and 2012.
Official details
Source: KBO- Status
- Active since 08-10-2010Normal situation
- Activity
- Business and other management consultancyNACE 70200and 1 other
- Establishment unit
- 2.199.388.4905170 Profondeville, since 08-10-2010
- Financial year end
- 31 December
- Peppol
- Reachable since 01-01-2026
Insights on SQUISH
SQUISH files the micro format. That format states no turnover. The gross margin fell from €7,780 in 2011 to €3,986 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about SQUISH
- What is the company number of SQUISH?
- The company number of SQUISH is 0830.073.639. The VAT number is the same number with BE in front: BE 0830.073.639.
- Where is SQUISH based?
- The registered office is at Chemin d' Hestroy 10, 5170 Profondeville.Company details
- What does SQUISH do?
- According to the KBO register, the main activity is business and other management consultancy (NACE 70200).
- What is the legal form of SQUISH?
- SQUISH is a private limited company (pre-2019) (BVBA).
- When was SQUISH founded?
- SQUISH was founded on 08-10-2010.
- Is SQUISH still active?
- Yes, SQUISH is an active enterprise in the KBO register.
- What is the turnover of SQUISH?
- The turnover in financial year 2025 is ≈ €18,000. This figure is estimated from the gross margin of €3,986 and 206 comparable companies (NACE 70200). It probably lies between €8,700 and €37,000. It is a rough estimate.Financials
- Is SQUISH profitable?
- In financial year 2025, SQUISH made a loss of €14,957.
- Where can I find the annual accounts of SQUISH?
- SQUISH filed 15 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of SQUISH due?
- SQUISH must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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