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Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
SQUIRREL from Waterloo, company number BE0447984996, closed financial year 2025 with a result of € -121 after tax. For that financial year SQUIRREL recorded a gross margin of € 5,474 and equity of € 56,231. Compared with financial year 2024, the result moved from € 172 to € -121. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 22, 2026.
€ 56,231
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -121
▼ still € 172 profit in 2024
Profit after tax over the fiscal year.
€ 3,573
▲ 28% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -42,926.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 125
▼ 9% vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 4,186 | € 2,181 | € 6,359 | € 5,474 | ▼ 14% |
| Profit after taxes | € -2,047 | € -3,951 | € 172 | € -121 | ▼ € 293 |
| Equity | € 60,131 | € 56,180 | € 56,352 | € 56,231 | |
| Total debts | € 1,859 | € 1,927 | € 2,387 | € 233 | ▼ 90% |
| Cash | € 3,558 | € 1,853 | € 2,786 | € 3,573 | ▲ 28% |
| Land & buildings | € 35,100 | € 35,100 | € 35,100 | € 35,100 | |
| Retained profit | € -39,026 | € -42,977 | € -42,805 | € -42,926 | |
| Balance sheet total | € 61,990 | € 58,107 | € 58,740 | € 56,464 | ▼ 4% |
Key figures of SQUIRREL, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to SQUIRREL?
What happened at SQUIRREL in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Diane Maters stepped down as director. NBB
- Martine Maes stepped down as director. NBB
- Axelle Maters stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 121 (▼ € 293 vs 2024). Source: NBB ↗
- Diane Maters became a director. NBB
- Martine Maes became a director. NBB
- Axelle Maters became a director. NBB
- New establishment in Waterloo. KBO
In short
From € 2,047 loss in 2022 to € 121 loss in 2025.
Best year ever: 2024, with € 172 profit.
Management
Directors
According to the 2025 annual accounts
Diane Maters
Director
since 2024 · until 2030
Martine Maes
Managing director
since 2024 · until 2030
Axelle Maters
Director
since 2024 · until 2030
Establishments
Establishment units
Physical locations of this company
Clos de l'Ecureuil 4
1410 Waterloo
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0447.984.996
- VAT number
- BE 0447.984.996
- Registered office
- Clos de l'Ecureuil 4, 1410 Waterloo
- Names & denominations
- SQUIRREL
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 6 August 1992
- Peppol
- Not registered