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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Figures corrected NBB
Corrected annual account filed for 2023, 2024.
Financials
Financial year 2025
SQUARE MELON from Zelzate, company number BE0672722615, closed financial year 2025 with a result of € 25,736 after tax. For that financial year SQUARE MELON recorded a gross margin of € 1.2 million and equity of € 610,351. Compared with financial year 2024, the result moved from € 34,953 to € 25,736. The company is profitable. 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 8, 2026.
€ 610,351
▲ 4% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 25,736
▼ 26% vs 2024
Profit after tax over the fiscal year.
€ 509,269
▲ 59% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 541,751.
People and assets in 2025
€ 1 million
▲ 6% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 119,365
▲ 4% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 313,570
▲ 54% vs 2024
€ 48,509 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 666,713
▲ 92% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 58,554
▼ 65% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 1,130,369 | € 1,724,356 | € 1,097,862 | € 1,187,765 | ▲ 8% |
| Profit after taxes | € 211,010 | € 223,008 | € 34,953 | € 25,736 | ▼ 26% |
| Equity | € 386,654 | € 549,662 | € 584,615 | € 610,351 | ▲ 4% |
| Total debts | € 760,490 | € 825,288 | € 729,914 | € 1,052,200 | ▲ 44% |
| Cash | € 247,996 | € 314,883 | € 320,287 | € 509,269 | ▲ 59% |
| Retained profit | € 318,054 | € 481,062 | € 516,015 | € 541,751 | ▲ 5% |
| Dividend | € 105,000 | € 60,000 | € 0 | € 0 | |
| Bank debt | € 173,790 | € 174,172 | € 203,871 | € 313,570 | ▲ 54% |
| Balance sheet total | € 1,147,144 | € 1,374,950 | € 1,314,529 | € 1,662,551 | ▲ 26% |
| Employees (FTE) | - | 16 | 16 | - |
Key figures of SQUARE MELON, 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 MELON?
What happened at SQUARE MELON in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 25,736 (▼ 26% vs 2024). Source: NBB ↗
- New establishment in Zelzate. KBO
- New establishment in Gent. KBO
- Start of the company according to the CBE. KBO
In short
From € 211,010 profit in 2022 to € 25,736 profit in 2025.
Paid € 229,618 in corporate taxes since 2022.
Best year ever: 2023, with € 223,008 profit.
On average € 68,600 of value added per employee in 2024.
Management
The stake of HOLDING PASQUINO DE VUYST comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
SQUARE MELONBehind SQUARE MELON is Pasquino De Vuyst. The shares are held by HOLDING PASQUINO DE VUYST (100%).
Directors
According to the 2025 annual accounts
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Industriepark Rosteyne 21
9060 Zelzate
Bij Sint-Jacobs 20-23
9000 Gent
Active since 1 April 2017
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 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
- 0672.722.615
- VAT number
- BE 0672.722.615
- Registered office
- Industriepark Rosteyne 21, 9060 Zelzate
- Names & denominations
- SQUARE MELON
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 15 March 2017
- Peppol
- Active · Active since 3 Jun 2025
- Activities · NACE
Detailhandel in groenten en fruit