Active BE 0778.971.267Private limited company

Vatsquare Services

Populierendallaan 29 ·1850 Grimbergen, Belgium· 4 yrs active

Sector: Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies (70200)

Conclusion Checked

The computed 12-month bankruptcy probability of Vatsquare Services is 0.4% (very low). The 2025 annual accounts show equity of €21k and a net result of €12k. Equity remains stable across the filed fiscal years (±2.1% per year). Its solvency ranks better than 68% of 4723 sector peers (fiscal year 2025). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 4 annual accounts.

Key figures

Equity	€21k
Net result	€12k
Better than sector	68%
Active	4 yrs

Snowflake analysis 5 of 5 axes measured · computed by Checked

93 / 100

Exceptional profile, strong across almost every axis.

All 5 axes are computed from data Checked has read.

Health 93

Profitability 100

Solvency 100

Growth 78

Stability 94

Bankruptcy probability (12 mo) Checked model v1 · free

0.4% Very low

0%0,5%1,5%4%10%≥25%

Lower-failure-rate sector −Young company +Annual accounts: healthy financial profile −

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Risk Assessment rule-based

0 / 100

Low risk

Trust signals 2 signals

More than 3 years active

Founded in 2021, past the statistically most fragile first 3 years.

No legal incidents

No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.

Administrative Flags 0 events

No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

Health barometer FY 2025 · computed

93 / 100 Excellent

050100

Computed from 4 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

Unlock the full score breakdown, per-year score history and the indicative credit limit from Kantoor S.

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Computed by Checked from the NBB filing for FY 2025. Indicative, not credit advice.

Financial overview4 NBB filings

Annual accounts filed on 26-03-2026 with the NBB · fiscal year 2025 · micro

Operating resultNet result

Trajectory (indicative)

Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.

stable Equity: stable across 4 fiscal years (±2.1%/year).

Solid line = filed figures · dashed = extended trend · area = indicative range.

How do we compute this?

The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.

The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.

A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).

Sector comparison

Fiscal year 2025 · NACE 70, Head offices & management consulting · compared within the same schema type (micro schema)

Metric	This company	Sector median	Position in the sector
Solvency	73.9%	55.5%	better than 68% of 4723 sector peers
Net result	€12k	€38k	better than 27% of 4722 sector peers
Equity	€21k	€64k	better than 28% of 4723 sector peers
Gross operating margin	€17k	€61k	better than 20% of 4715 sector peers
Total assets	€29k	€146k	better than 9% of 4723 sector peers

Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.

Net profit

€12k

- 22-25

Total assets

€29k

+129.4% 22-25

Equity

€21k

+135.9% 22-25

Working capital

€21k

+135.9% 22-25

Income taxes

€4k

- 22-25

Dividends

€0

-100.0% 22-25

Debt

€7k

+112.9% 22-25

Debt ≤ 1y

€7k

+112.9% 22-25

Current ratio

3.84

+7.8% 22-25

Quick ratio

3.84

+7.8% 22-25

Solvency

73.9%

+2.8% 22-25

Debt / equity

0.35

-9.8% 22-25

ROE

57.6%

- 22-25

ROA

42.6%

- 22-25

Figures by fiscal year

Highlight YoY changes (±10%)

Fiscal year	2025
Deposit	micro
Revenue	-
EBITDA	-
Net profit	€12k
Cash flow	-
Staff costs	-
Income taxes	€4k
Dividends	€0
Total assets	€29k
Equity	€21k
Debt	€7k
of which ≤ 1y	€7k
of which > 1y	-
Working capital	€21k
Employees (FTE)	-

Ratios (computed)

	2025
Current ratio	3.84
Quick ratio	3.84
Working capital ratio	73.9%
Solvency	73.9%
Debt / equity	0.35
Long-term debt ratio	-
Interest coverage	-
Gross margin	-
Net margin	-
ROA	42.6%
ROE	57.6%
EBITDA margin	-
Days sales outstanding	-
Days payable outstanding	-
Inventory turnover	-
Days inventory (DSI)	-

Balance-sheet composition 2025

Equity & liabilities

Equity €21k · 73.9% Debt €7k · 26.1%

Full annual accounts

Filed balance sheet and income statement, exactly as deposited with the NBB.

Line item	Code	2025
Balance sheet, Assets
TOTAL ASSETS	20/58	€29k
Current assets	29/58	€29k
Amounts receivable within one year	40/41	€13k
Cash & bank	54/58	€16k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€29k
Equity	10/15	€21k
Contributions / capital	10/11	€10k
Reserves	13	€11k
Accumulated profits (losses)	14	€0
Amounts payable	17/49	€7k
Amounts payable within one year	42/48	€7k
Trade debts payable within one year	44	€5k
Income statement
Gross operating margin	9900	€17k
Operating result	9901	€16k
Financial income	75	€0
Financial charges	65	€69
Result before taxes	9903	€16k
Income taxes	67/77	€4k
Net result for the period	9904	€12k
Result to be appropriated	9905	€12k

You're seeing the latest fiscal year only. Unlock 3 prior years (figures + ratios) with a paid plan. See plans →

Ratios computed by Checked.

Directors & mandates 3 directors

Current directors & mandates

GM's ManagementLegal entity
Director· perm. rep.: Grégory Moortgat
State Gazette act 24165671 (22-11-2024)

Current
19-09-2024 → present

Permanent representatives (3)

These people represent a legal-person director (a management company, for instance). They hold no board mandate of their own and do not count as directors.

KD ConsultingLegal entity
Permanent representative· perm. rep.: Koen Dewilde
State Gazette act 24165671 (22-11-2024)

Permanent representative
- → 19-09-2024
Opreel ConsultingLegal entity
Permanent representative· perm. rep.: Jurgen Opreel
State Gazette act 24165671 (22-11-2024)

Permanent representative
- → 19-09-2024
RVDPLegal entity
Permanent representative· perm. rep.: Rob Van Den Plas
State Gazette act 24165671 (22-11-2024)

Permanent representative
- → 19-09-2024

Former directors (2)

FERULegal entity
Director· perm. rep.: Femke Ruelens
State Gazette act 24165671 (22-11-2024)

Former
- → 19-09-2024
Steven Didden
Director
State Gazette act 24165671 (22-11-2024)

Former
- → 19-09-2024

Full appointment history from the Belgian State Gazette. Permanent representatives are shown for corporate directors.This list is read straight from this company's published acts, not from the officer register.

Legal Structure

NACE primary	Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies(70200)
Legal form	Private limited company(610)
Incorporation	22-12-2021
Status	Active
Postal code	1850

Establishment units 1 location

Vatsquare Services

Populierendallaan 29, 1850 GrimbergenOverige dienstverlenende activiteiten op het gebied van informatie, n.e. g.

since 20222.329.476.774

Physical sites registered in the Crossroads Bank for Enterprises (CBE).

Real-estate footprint Source: CBE × cadastre

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.

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
23403H0079/00D000	Flanders	997 m²	1 · 118 m²	8.1 m · 2 fl.

Methodology

via registered seat: 1

1 of 1 parcels with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Updates 5 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2026

26-03-2026

NBB filing Annual accounts filed

fiscal year 2025 · micro

2025

12-06-2025

NBB filing Annual accounts filed

fiscal year 2024 · micro

2024

22-11-2024

State Gazette act Director changes

29-07-2024

NBB filing Annual accounts filed

fiscal year 2023 · verkort

2023

31-07-2023

NBB filing Annual accounts filed

fiscal year 2022 · verkort

Belgisch Staatsblad, acts 1 acts

All acts · 1 updated 1 year ago

2024

22-11-2024 1 director appointed, 5 resigning Director changes

Grégory Moortgat, Bestuurder
Femke Ruelens, Bestuurder
Jurgen Opreel, Vaste vertegenwoordiger
Koen Dewilde, Vaste vertegenwoordiger
Rob Van Den Plas, Vaste vertegenwoordiger
Steven Didden, Bestuurder

Original publication ↗

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Credit advice verdict per customer and amount

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Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.

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The brief is drafted by our AI model at Anthropic in the US, from this dossier's public data. Nothing that identifies you is sent along and we do not keep the brief. Indicative, not legal or investment advice. How it works

Company registry (CBE) Crossroads Bank

Activities

Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies70200Overige adviesbureaus op het gebied van bedrijfsbeheer; adviesbureaus op het gebied van bedrijfsvoering70220

Primary activity highlighted.

Names & trade names

Legal nameNL

Vatsquare Services

Registered office

Populierendallaan 29

1850 Grimbergen, Belgium

Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.

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