"VIRGINIE SQUILBIN"
Active"VIRGINIE SQUILBIN" has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €225k and a net result of €140k. Its solvency ranks better than 32% of 15367 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2024
80
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100▲+16
Solvency65▲+21
Growth78
Track record94
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €18k at 30 days acceptable
Liquidity ample (current ratio 1.81 against 0.97 in 2023; short-term debt: 19.3% and cash: 17% of total assets), but 59.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 69
Relative position
BE, all sectors
reference
Sector 69
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 05-08-2025, 5 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 2 filingsDeviation from the deadline
2025
not confirmed
2024
5 d late
2023
27 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€225k▲ 165%
2023 · €85k
2023: €85k
2023 → 2024
Total assets
€561k▲ 26.8%
2023 · €442k
2023: €442k
2023 → 2024
Net result
€140k▲ 71.7%
2023 · €82k
2023: €82k
2023 → 2024
Working capital
€87k
2023 · €-2k
2023: €-2k
2023 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20232024Trend
Equity€85k-€225k▲ 165%
Operating result€115k-€206k▲ 79.5%
Net result€82k-€140k▲ 71.7%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result rises in 2024; 2024 is 79% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €561k
Fixed assets
€365k▲ 0.2%
Current assets
€196k▲ 151%
Equity and liabilities €561k
Equity
€225k▲ 165%
Debt
€335k▼ 6.1%
The debt ratio falls from 80.7% to 59.8%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€206k
Cash flow
€140k
Solvency
40.2%▲
2023 · 19.3%
Current ratio
1.81▲
2023 · 0.97
Quick ratio
1.81▲
2023 · 0.97
Debt / equity
1.49▼
2023 · 4.19
ROE
62.2%▼
2023 · 95.9%
ROA
25.0%▲
2023 · 18.5%
Interest coverage
19.82
Debt
€335k▼
2023 · €357k
Debt ≤ 1 year
€108k▲
2023 · €80k
Debt > 1 year
€227k▼
2023 · €277k
Income taxes
€55k▲
2023 · €23k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€442k€561k▲
Fixed assets21/28€364k€365k▲
Tangible fixed assets22/27-€816
Furniture and vehicles24-€816
Financial fixed assets28€364k€364k=
Current assets29/58€78k€196k▲
Amounts receivable within one year40/41€21k€100k▲
Trade receivables40€21k€100k▲
Cash at bank and in hand54/58€57k€95k▲
Equity and liabilities
Total equity and liabilities10/49€442k€561k▲
Equity10/15€85k€225k▲
Contributions10/11€4k€4k=
Reserves13€82k€222k▲
Distributable reserves133€82k€222k▲
Profit (loss) carried forward14€70€83▲
Amounts payable17/49€357k€335k▼
Amounts payable after more than one year17€277k€227k▼
Financial debts170/4€277k€227k▼
Amounts payable within one year42/48€80k€108k▲
Current portion of amounts payable after more than one year42€48k€50k▲
Trade debts44€3k€1k▼
Suppliers440/4€3k€1k▼
Taxes, remuneration and social security45€29k€56k▲
Taxes450/3€26k€56k▲
Remuneration and social security454/9€3k-
Other amounts payable47/48€18€769▲
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€271
Other operating charges640/8€708€564▼
Gross operating margin9900€115k€206k▲
Operating profit (loss)9901€115k€206k▲
Financial income75/76B€15€520▲
Recurring financial income75€15€520▲
Financial charges65/66B€10k€10k▲
Recurring financial charges65€10k€10k▲
Profit (loss) for the period before taxes9903€104k€196k▲
Income taxes67/77€23k€55k▲
Profit (loss) for the period9904€82k€140k▲
Profit (loss) for the period to be appropriated9905€82k€140k▲
Appropriation of the result
Profit (loss) to be appropriated9906€82k€140k▲
Profit (loss) brought forward from the previous period14P-€70
Transfer to equity691/2€82k€140k▲
To other reserves6921€82k€140k▲
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
05-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 5 days late
2024
31-12
Financial
Equity above €200kEq €225k ▲165%
2 profitable years in a row build equity to €225k.
04-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Mons · 1 establishment unit since 2023
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Place Paul Heupgen 87000 MonsGround area
1.2 ha
Building footprint
575 m²
Volume, LiDAR
6,999 m³
2 parcels, Wallonia · tallest building 18.9 m, ±6 floors. Linked by address, not a title deed.
1 establishment unit
"VIRGINIE SQUILBIN"
since 20232.339.980.191
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 53403G0059/00A003 | Wallonia | 1.1 ha | 1 · 311 m² | 18.9 m · 6 fl. |
| 53045A0218/00P000 | Wallonia | 1,255 m² | 1 · 264 m² | 9.3 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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VERSTRAETEN GERECHTSDEURWAARDER
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GDW P. VAN NIEUWENHUYSE
BE 0715.661.347
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Borzsei G.
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Of 1,020 companies in sector 69103 we hold annual accounts for 611. 483 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded03-01-2023
Fiscal year end31-12
Activities, NACEBEL
69103Activities of bailiffs
Sources
Crossroads Bank for EnterprisesNational Bank · 2 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.