Treesquare
The computed 12-month bankruptcy probability of Treesquare is 1.3% (low). The 2025 annual accounts show equity of €13.77M and a net result of €-305k. Its solvency ranks better than 46% of 197 sector peers (fiscal year 2025). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €13.77M |
| Net result | €-305k |
| Better than sector | 46% |
| Active | 3 yrs |
Mixed profile: strong on stability, weaker on profitability.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
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See plans →| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 26.7% | 29.4% | |
| Net result | €-305k | €11k | |
| Equity | €13.77M | €477k | |
| Total assets | €51.65M | €2.41M |
| Fiscal year | 2025 |
|---|---|
| Revenue | €2.31M |
| EBITDA | €1.90M |
| Net profit | €-305k |
| Cash flow | €372k |
| Staff costs | - |
| Income taxes | €-2k |
| Dividends | - |
| Total assets | €51.65M |
| Equity | €13.77M |
| Debt | €37.88M |
| of which ≤ 1y | €497k |
| of which > 1y | €36.15M |
| Working capital | €2.45M |
| Employees (FTE) | - |
| 2025 | |
|---|---|
| Current ratio | 5.93 |
| Quick ratio | 5.93 |
| Working capital ratio | 4.7% |
| Solvency | 26.7% |
| Debt / equity | 2.75 |
| Long-term debt ratio | 2.63 |
| Interest coverage | 1.23 |
| Gross margin | - |
| Net margin | -13.2% |
| ROA | -0.6% |
| ROE | -2.2% |
| EBITDA margin | 82.5% |
| Days sales outstanding | 37d |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2025 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €51.65M |
| Fixed assets | 21/28 | €48.37M |
| Formation expenses | 20 | €332k |
| Tangible fixed assets | 22/27 | €48.37M |
| Current assets | 29/58 | €2.95M |
| Amounts receivable within one year | 40/41 | €291k |
| Cash & bank | 54/58 | €2.37M |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €51.65M |
| Equity | 10/15 | €13.77M |
| Contributions / capital | 10/11 | €14.90M |
| Accumulated profits (losses) | 14 | €-1.13M |
| Amounts payable | 17/49 | €37.88M |
| Amounts payable after one year | 17 | €36.15M |
| Amounts payable within one year | 42/48 | €497k |
| Trade debts payable within one year | 44 | €497k |
| Income statement | ||
| Turnover | 70 | €2.31M |
| Operating result | 9901 | €1.23M |
| Financial income | 75 | €20k |
| Financial charges | 65 | €1.55M |
| Result before taxes | 9903 | €-307k |
| Income taxes | 67/77 | €-2k |
| Net result for the period | 9904 | €-305k |
| Result to be appropriated | 9905 | €-305k |
| Statutory auditor | IRE/IBR number | Tenure |
|---|---|---|
| Ernst et Young Reviseurs d'EntreprisesCurrent Statutory auditor · represented by Sarah DUPUIS |
- | 10-02-2026 → present |
| NACE primary | Real estate rental(68203) |
| Legal form | Private limited company(610) |
| Incorporation | 14-03-2023 |
| Status | Active |
| Postal code | 1000 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21807G0131/00T000 | Brussels | 5,672 m² | 1 · 3,878 m² | 45.8 m · 8 fl. |
| 21804D1516/00C000 | Brussels | 460 m² | 1 · 487 m² | 32.6 m · 8 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
10-02-2026 Registered office moved within Brussel
- LOUIZALAAN 235, 1050 BRUSSEL → Koningstraat 52, 1000 Brussel
Technical details
{
"events": [
{
"kind": "zetel_transfer",
"seat_type": "statutaire",
"new_address": {
"city": "Brussel",
"region": "Brussels Gewest",
"street": "Koningstraat",
"country": "BE",
"postcode": "1000",
"box_number": null,
"street_number": "52"
},
"old_address": {
"city": "BRUSSEL",
"region": "Brussels Gewest",
"street": "LOUIZALAAN",
"country": "BE",
"postcode": "1050",
"box_number": null,
"street_number": "235"
},
"effective_date": "2026-03-01",
"evidence_quote": "De Algemene Vergadering beslist om vanaf 1 maart 2026 de maatschappelijke zetel te verplaatsen naar het volgend adres: Koningstraat 52, 1000 Brussel."
}
],
"schema": "v3.2",
"act_meta": {
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"extractor": "constrained-core-35b"
},
"subject_company": {
"kbo": "0799.520.322",
"name_full": "TREESQUARE",
"legal_form": "BV"
}
}07-04-2023 Notarial deed · General meeting · Capital increase
- Publication: 07/04/2023 · Treesquare
- Filing: 05-04-2023 · Treesquare
- Notarial deed: 29 maart 2023 · Treesquare
- General meeting: 29 maart 2023 · Treesquare
- Capital increase: amount: 14875000.0, method: inbreng in speciën, details: zonder uitgifte van nieuwe aandelen, volledig volstort, currency: EUR · Treesquare
Technical details
{
"facts": [
{
"date": "2023-04-07",
"type": "publication",
"quote": "Bijlagen bij het Belgisch Staatsblad - 07/04/2023",
"value": "07/04/2023",
"object": null,
"subject": "e1"
},
{
"date": "2023-04-05",
"type": "filing",
"quote": "Neergelegd 05-04-2023",
"value": "05-04-2023",
"object": null,
"subject": "e1"
},
{
"date": "2023-03-29",
"type": "notarial_deed",
"quote": "akte verleden door Meester Bernard Sacr\u00E9, geassocieerd notaris te Elsene, op 29 maart 2023",
"value": "29 maart 2023",
"object": "e2",
"subject": "e1"
},
{
"date": "2023-03-29",
"type": "general_meeting",
"quote": "buitengewone algemene vergadering van de enige aandeelhouder ... besloten heeft",
"value": "29 maart 2023",
"object": null,
"subject": "e1"
},
{
"type": "capital_increase",
"quote": "aanvaarding van een inbreng in speci\u00EBn, voor een bedrag van veertien miljoen achthonderdvijfenzeventigduizend euro (EUR 14.875.000,00), in het eigen vermogen van de vennootschap, door de enige aandeelhouder van de vennootschap en zonder uitgifte van nieuwe aandelen, volledig volstort",
"value": {
"amount": 14875000.0,
"method": "inbreng in speci\u00EBn",
"details": "zonder uitgifte van nieuwe aandelen, volledig volstort",
"currency": "EUR"
},
"amount": 14875000.0,
"object": null,
"subject": "e1",
"currency": "EUR",
"_value_raw": {
"amount": "14.875.000,00",
"method": "inbreng in speci\u00EBn",
"details": "zonder uitgifte van nieuwe aandelen, volledig volstort",
"currency": "EUR"
}
}
],
"act_meta": {
"outcome": "clean",
"model_id": 50,
"verified": true,
"extractor": "verified-v1",
"ocr_chars": 1619,
"truncated": false
},
"entities": [
{
"id": "e1",
"kbo": "0799.520.322",
"kind": "company",
"name": "Treesquare",
"attrs": {
"seat": "1050 Brussel, Louizalaan 235",
"legal_form": "Besloten Vennootschap"
}
},
{
"id": "e2",
"kbo": null,
"kind": "person",
"name": "Bernard Sacr\u00E9",
"attrs": {
"role": "geassocieerd notaris te Elsene"
}
}
]
}16-03-2023 Incorporation of a new BV
Technical details
{
"kind": "oprichting",
"seat": "1050 Brussel, Louizalaan 235",
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"founders": [
{
"org": {
"kbo": "0798.456.686",
"name": "KGAL Core 4 Holding S.\u00E0 r.l."
},
"kind": "rechtspersoon",
"person": null,
"share_class": "A",
"partner_role": null,
"holder_org_kbo": "0798.456.686",
"holder_org_name": "KGAL Core 4 Holding S.\u00E0 r.l.",
"contribution_type": "cash",
"amount_paid_in_eur": 25000,
"holder_person_name": null,
"is_subscriber_only": true,
"n_shares_subscribed": 100,
"amount_subscribed_eur": 25000,
"is_anonymous_silent_partner": false
}
],
"capital_eur": 25000,
"subject_company": {
"kbo": "0799.520.322",
"name_full": "Treesquare",
"legal_form": "BV"
},
"initial_directors": [],
"incorporation_date": "2023-03-13",
"post_incorporation_mandates": []
}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameNL | Treesquare |