Warning lights
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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Tight liquidity NBB
Cash and receivables cover 45 % of short-term debt in 2025; threshold 65 %.
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Busy address KBO
23 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
Square Group from Gent, company number BE0502446241, closed financial year 2025 with a result of € 2.1 million after tax. For that financial year Square Group recorded revenue of € 8.9 million and equity of € 31.9 million. Compared with financial year 2024, the result moved from € 687,691 to € 2.1 million. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on June 7, 2026.
€ 31.9 million
▲ 5% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 2.1 million
▲ 207% vs 2024
Profit after tax over the fiscal year.
€ 1 million
▲ 29% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 500,000 paid out
24 % of the profit went to the shareholders, mostly to LT Capital & Advice BV (100 % of the shares). That is where the money ends up.
People and assets in 2025
31.2
▲ 0.5 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 3 million
▲ 1% vs 2024
€ 97,600 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 130,740
▼ 44% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 12.2 million
▼ 8% vs 2024
€ 999,996 is repaid this year. At this pace the long-term loan is gone in ≈ 12 years.
€ 1.2 million
▼ 16% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 75 days on average.
€ 631,628
▲ 7% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 7,891,803 | € 8,818,357 | € 9,094,381 | € 8,878,008 | ▼ 2% |
| Profit after taxes | € 1,446,645 | € 304,798 | € 687,691 | € 2,110,135 | ▲ 207% |
| Equity | € 30,314,156 | € 30,118,484 | € 30,305,708 | € 31,915,842 | ▲ 5% |
| Total debts | € 28,874,042 | € 28,548,001 | € 28,028,619 | € 25,210,360 | ▼ 10% |
| Cash | € 641,876 | € 330,065 | € 798,665 | € 1,028,948 | ▲ 29% |
| Land & buildings | € 9,082,010 | € 8,995,383 | € 9,055,091 | € 9,079,656 | |
| Retained profit | € 11,682,376 | € 11,487,174 | € 11,674,865 | € 13,284,999 | ▲ 14% |
| Dividend | € 500,000 | € 500,000 | € 500,000 | € 500,000 | |
| Bank debt | € 15,205,181 | € 14,205,848 | € 13,205,862 | € 12,205,657 | ▼ 8% |
| Balance sheet total | € 59,247,826 | € 58,723,816 | € 58,389,377 | € 57,181,253 | ▼ 2% |
| Employees (FTE) | 34 | 29.1 | 30.7 | 31.2 | ▲ 0.5 |
Key figures of Square Group, 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 Group?
What happened at Square Group in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Jean-Marie DE BUCK VAN OVERSTRAETEN stepped down as director. NBB
- LT CAPITAL & ADVICE BV stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 2.1 million (▲ 207% vs 2024). Source: NBB ↗
- Jean-Marie DE BUCK VAN OVERSTRAETEN became a director. NBB
- LT CAPITAL & ADVICE BV became a director. NBB
- New establishment in Gent. KBO
- Start of the company according to the CBE. KBO
In short
From € 1.4 million profit in 2022 to € 2.1 million profit in 2025.
Paid € 183,340 in corporate taxes since 2022.
Best year ever: 2025, with € 2.1 million profit.
Paid out € 2 million in dividends to the owners in total.
A new publication or filing at Square Group? We notify you, reason included.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
The shares are held by LT Capital & Advice BV (100%). It owns 100% of DD SHIPPING NV, 100% of ACLAGRO NV , 100% of AC MATERIALS and 50% of VIAC HOLDING NV itself.
Directors
According to the 2025 annual accounts
Jean-Marie DE BUCK VAN OVERSTRAETEN
Managing director
Also active at: OTRECO, KZP Immo, VIABUILD GROUP, KINLYS GROUP, Verhofsté, P.N.T., Villa Emma, OTREVEST +16 more
since 2024 · until 2030
Managing director · represented by Sylva MANNENS
Also active at: OTRECO, KINLYS GROUP, Verhofsté, GENTVEST, P.N.T., OTRECO INVESTMENT GROUP, ACLAGRO PROJECTS, ELATAN
since 2024 · until 2030
Shareholders
Participations
Establishments
Establishment units
Physical locations of this company
Industrieweg 76
9032 Gent
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 23 companies are registered at this address.
All companies at this address →MICHIELS AANNEMINGEN
€ 433,596 gross margin · 2025
Square Real Estate same network
€ 406,554 gross margin · 2025
KZP Immo same network
DC3
€ -277,407 gross margin · 2025
JACQUES DE VRIENDT-ROSA MORES
+18 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0502.446.241
- VAT number
- BE 0502.446.241
- Registered office
- Industrieweg 76, 9032 Gent
- Names & denominations
- Square Group
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 31 December 2012
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
Activiteiten van hoofdkantoren
Overige zakelijke dienstverlening, neg
Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen
Bemiddeling in verband met exploitatie van en handel in onroerend goed
Bemiddeling bij de aankoop, verkoop en verhuur van onroerend goed voor een vast bedrag of op contractbasis