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SQY

Active
Private limited companyfounded 2005active for 21 yearsBreekiezel 26A, 3670 Oudsbergen, BelgiumKBO/BCE: BE 0874.869.130
Summary

SQY has been active since 2005 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €107,376 and a net result of -€3,223. Equity is growing by about 43% per year across the filed financial years. The computed 12-month bankruptcy probability is 0.4% (very low).

Overview

Activity
Activity not known1 site
Size
€255,989total assets 2025
Equity
€107,376
Loss
-€3,223
Turnover not published (micro format)
Financial health
82 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.4%
Structure
Holdings
1
  • GEERKENS BartDirector
2025 accounts 3 days early
Why 82raises riskLiquidity: current ratio 0.00, cash €391lowers riskSize: total assets €255,989Founded in 2005Figures for financial year 2025 (filed 28-01-2026)Show the evidence

Checked score

Score 2025
82 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 28% of its sector peers (no NACE code, micro)
Financial strength · tick = 2024
Weak
Solvency 67-2
equity 41.9% of total assets
Liquidity 25-2
short-term debt 49.7% · cash 0.2%
Profitability 34-1
return on assets -1.3%
Bankruptcy probability, 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%

About 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 11-2024: 1.8% 12-2024: 1.9%▲ +0.1 percentage points vs 11-2024 01-2025: 2.0%▲ +0.1 percentage points vs 12-2024 02-2025: 2.8%▲ +0.8 percentage points vs 01-2025highest value 03-2025: 1.2%▼ -1.6 percentage points vs 02-2025 04-2025: 1.2%● unchanged vs 03-2025 05-2025: 1.2%● unchanged vs 04-2025 06-2025: 1.2%● unchanged vs 05-2025 07-2025: 1.3%▲ +0.1 percentage points vs 06-2025 08-2025: 1.3%● unchanged vs 07-2025 09-2025: 1.2%▼ -0.1 percentage points vs 08-2025 10-2025: 1.3%▲ +0.1 percentage points vs 09-2025 11-2025: 1.5%▲ +0.2 percentage points vs 10-2025 12-2025: 1.6%▲ +0.1 percentage points vs 11-2025 01-2026: 1.8%▲ +0.2 percentage points vs 12-2025 02-2026: 0.4%▼ -1.4 percentage points vs 01-2026lowest value 03-2026: 0.4%● unchanged vs 02-2026lowest value 04-2026: 0.4%● unchanged vs 03-2026lowest value 05-2026: 0.4%● unchanged vs 04-2026lowest value 06-2026: 0.4%● unchanged vs 05-2026lowest value 07-2026: 0.4%● unchanged vs 06-2026 08-2026: 0.4%● unchanged vs 07-2026 09-2026: 0.4%● unchanged vs 08-2026 10-2026: 0.4%● unchanged vs 09-2026
Credit of up to €8,000 on 30-day terms is acceptable
Liquidity insufficient (current ratio 0.0, compared with 0.18 in 2024, below 1; short-term debt: 49.7% and cash: 0.2% of total assets), and 58.1% of the assets are financed with debt and provisions.
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 (no NACE code, micro): better than 40% on solvency, 14% on liquidity, 24% on profitability and 35% on growth.

The bankruptcy probability was computed on 26-10-2026 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

Six signals.
lowers riskraises riskneutral
lowers risk · Size: total assets €255,989
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · Liquidity: current ratio 0.00, cash €391
NBB · annual accounts
lowers risk · Founded in 2005
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
lowers risk · Figures for financial year 2025 (filed 28-01-2026)
NBB · annual accounts
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 2025
Net result per financial year
19202122232425
2019 to 2025 · latest year -€3,223
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 28-01-2026, 3 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
3 days early
2024
on the day
2023
1 day early
2022
20 days late
2021
6 days early
2020
11 days late
2019
29 days early
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 7 accounts on average 1 day before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-06-2026 is due by 31-01-2027. Nothing is late today. The company usually files around 30 January (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
30-06-2026 year end27-10-2026 today31-01-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · micro…
  2. Weakest financial yearnet -€3,223
  3. Annual accounts filedfinancial year 2024 · micro…

Key points

  • Caution: 2 loss-making years in a rowloss financial year 2025 -€3,223 View
  • One director decidessole director in office 1 View
  • Total assets 20256 financial years filed €255,989 View

By topic

Financials

Financial year
2025
Total assets
€255,989
Loss
-€3,223
Solvency
41.9%
Total assets▲ 1.7%
Net result
20192025
Go to Financials

Timeline

Events
25
Since
2007
Next accounts
by 31-01-2027
  1. 30-01-2024Annual accounts filed
  2. 10-01-2024Resignation: GEERKENS Bart (enige niet statutaire bestuurder)
  3. 20-02-2023Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Founded
05-07-2005
Year ends
30-06
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
19
Who signs
Each director alone
Annual meeting
Second Wednesday of November at 20:00
Go to Articles of association

Key facts about SQY

What is the company number of SQY?
0874.869.130. In Belgium the VAT number is the company number with BE in front: BE 0874.869.130.
Where is SQY based?
The registered office is at Breekiezel 26A, 3670 Oudsbergen.Company details
What is the legal form of SQY?
Private limited company (BV).
When was SQY founded?
On 05-07-2005.
Is SQY still active?
Yes, SQY is an active enterprise in the KBO register.
What is the turnover of SQY?
Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.Financials
Is SQY profitable?
In financial year 2025, SQY made a loss of €3,223.
Where can I find the annual accounts of SQY?
SQY filed 20 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of SQY due?
By 31-01-2027, for financial year 2026.Timeline

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