Financials
Financial year 2025
SQUARE CIRCLE from Herent, company number BE0477290082, closed financial year 2025 with a result of € -43,854 after tax. For that financial year SQUARE CIRCLE recorded a gross margin of € 59,864 and equity of € 42,930. Compared with financial year 2024, the result moved from € 23,481 to € -43,854. The company made a loss. The buffer shrank hard: equity is 65 % below last year. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on June 2, 2026.
€ 42,930
▼ 65% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -43,854
▼ still € 23,481 profit in 2024
Profit after tax over the fiscal year.
€ 66,298
▲ 18% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 36,730.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 25,465
▼ 42% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 321
▼ 71% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 5,602
▲ € 4,281 vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 118,775 | € 105,164 | € 51,280 | € 59,864 | ▲ 17% |
| Profit after taxes | € 36,657 | € 49,026 | € 23,481 | € -43,854 | ▼ € 67,334 |
| Equity | € 78,810 | € 112,595 | € 123,440 | € 42,930 | ▼ 65% |
| Total debts | € 236,562 | € 101,129 | € 66,022 | € 93,325 | ▲ 41% |
| Cash | € 147,971 | € 54,603 | € 56,166 | € 66,298 | ▲ 18% |
| Retained profit | € 72,610 | € 106,395 | € 117,240 | € 36,730 | ▼ 69% |
| Dividend | € 46,177 | € 15,241 | € 12,635 | € 36,657 | ▲ 190% |
| Bank debt | € 34,197 | € 17,719 | € 7,224 | € 0 | ▼ 100% |
| Balance sheet total | € 315,372 | € 213,723 | € 189,462 | € 136,254 | ▼ 28% |
Key figures of SQUARE CIRCLE, 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 SQUARE CIRCLE?
What happened at SQUARE CIRCLE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 43,854 (▼ € 67,334 vs 2024). Source: NBB ↗
- New establishment in Herent. KBO
- Start of the company according to the CBE. KBO
In short
From € 36,657 profit in 2022 to € 43,854 loss in 2025.
Paid € 67,247 in corporate taxes since 2022.
Best year ever: 2023, with € 49,026 profit.
Paid out € 110,710 in dividends to the owners in total.
Management
Behind SQUARE CIRCLE is Katrien Decroos.
Directors
According to the 2025 annual accounts
Katrien Decroos
Director
Establishments
Establishment units
Physical locations of this company
Grote Spekstraat 42
3020 Herent
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0477.290.082
- VAT number
- BE 0477.290.082
- Registered office
- Grote Spekstraat 42, 3020 Herent
- Names & denominations
- SQUARE CIRCLE
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 9 April 2002
- Peppol
- Active · Active since 26 Jul 2024
- Activities · NACE
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