Financials
Financial year 2025
SQWARE from Quaregnon, company number BE0627622959, closed financial year 2025 with a result of € 24,252 after tax. For that financial year SQWARE recorded a gross margin of € 43,844 and equity of € 43,201. Compared with financial year 2024, the result moved from € 14,797 to € 24,252. Profitable, and profit is growing. The buffer shrank hard: equity is 55 % below last year. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on June 29, 2026.
€ 43,201
▼ 55% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 24,252
▲ 64% vs 2024
Profit after tax over the fiscal year.
€ 97,251
▲ 6% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 78,000 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 20,365
▼ 30% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 16,222
▼ 28% vs 2024
€ 6,525 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 81
▼ 92% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 4,061
▲ 170% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 6,695 | € 47,486 | € 30,530 | € 43,844 | ▲ 44% |
| Profit after taxes | € 5,119 | € 33,122 | € 14,797 | € 24,252 | ▲ 64% |
| Equity | € 49,030 | € 82,152 | € 96,949 | € 43,201 | ▼ 55% |
| Total debts | € 107,511 | € 41,984 | € 34,900 | € 82,626 | ▲ 137% |
| Cash | € 154,802 | € 79,195 | € 91,636 | € 97,251 | ▲ 6% |
| Retained profit | € 30,430 | € 63,552 | € 78,349 | € 24,601 | ▼ 69% |
| Dividend | € 120,000 | € 0 | € 0 | € 78,000 | |
| Bank debt | € 0 | € 28,523 | € 22,497 | € 16,222 | ▼ 28% |
| Balance sheet total | € 156,541 | € 124,136 | € 131,849 | € 125,827 | ▼ 5% |
Key figures of SQWARE, 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 SQWARE?
What happened at SQWARE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 24,252 (▲ 64% vs 2024). Source: NBB ↗
- New establishment in Quaregnon. KBO
- Blandine PHILIPS became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 5,119 profit in 2022 to € 24,252 profit in 2025.
Paid € 20,385 in corporate taxes since 2022.
Best year ever: 2023, with € 33,122 profit.
Paid out € 198,000 in dividends to the owners in total.
Management
Behind SQWARE is Blandine PHILIPS.
Directors
According to the 2025 annual accounts
Blandine PHILIPS
Director
since 2015
Establishments
Establishment units
Physical locations of this company
Rue Louis Caty 122
7390 Quaregnon
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0627.622.959
- VAT number
- BE 0627.622.959
- Registered office
- Rue Louis Caty 122, 7390 Quaregnon
- Names & denominations
- SQWARE
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 26 March 2015
- Peppol
- Active · Active since 28 Apr 2025
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