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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Two loss years in a row NBB
Negative result in 2024 and 2025.
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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
SQUARE ONE from Knokke-Heist, company number BE0674622330, closed financial year 2025 with a result of € -4,027 after tax. For that financial year SQUARE ONE recorded a gross margin of € -3,470 and equity of € 33,334. Compared with financial year 2024, the result moved from € -19,434 to € -4,027. 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 October 30, 2025.
€ 33,334
▼ 11% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -4,027
▲ 79 % less loss than in 2024
Profit after tax over the fiscal year.
€ 34,645
▼ 5% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -30,666.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 2,270
Supplier invoices still open on the last day of the fiscal year.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -8,535 | € -9,334 | € -18,344 | € -3,470 | ▲ € 14,874 |
| Profit after taxes | € -11,722 | € -10,403 | € -19,434 | € -4,027 | ▲ € 15,407 |
| Equity | € 67,198 | € 56,795 | € 37,361 | € 33,334 | ▼ 11% |
| Total debts | € 50,818 | € 2,267 | € 395 | € 2,664 | ▲ € 2,269 |
| Cash | € 109,183 | € 50,768 | € 36,598 | € 34,645 | ▼ 5% |
| Retained profit | € 3,198 | € -7,205 | € -26,639 | € -30,666 | ▼ € 4,027 |
| Balance sheet total | € 118,016 | € 59,062 | € 37,756 | € 35,998 | ▼ 5% |
Key figures of SQUARE ONE, 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 October 2026.
What happened to SQUARE ONE?
What happened at SQUARE ONE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Ascot Belgium stepped down as director. NBB
- C-Development stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 4,027. Source: NBB ↗
- Ascot Belgium became a director. NBB
- C-Development became a director. NBB
- New establishment in Knokke-Heist. KBO
- Start of the company according to the CBE. KBO
In short
From € 11,722 loss in 2022 to € 4,027 loss in 2025.
Paid € 2,017 in corporate taxes since 2022.
A new publication or filing at SQUARE ONE? 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 stake of ASCOT BELGIUM comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
SQUARE ONEThe shares are held by ASCOT BELGIUM (50%).
Directors
According to the 2025 annual accounts
Director · represented by Vic Huys
Also active at: ASCOT BETA CONSTRUCT, ASCOT RESIM, ASCOT ALFA CONSTRUCT, ASCOT ALFA LAND, ASCOT RESIM LAND, ASCOT HAALTERT LAND, ASCOT HAALTERT CONSTRUCT, ASCOT LUITENANT LAND +6 more
since 2020 · until 2026
Director · represented by Filip Van Damme
since 2020 · until 2026
Shareholders
50%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Knokkestraat 642
8300 Knokke-Heist
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 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
- 0674.622.330
- VAT number
- BE 0674.622.330
- Registered office
- Knokkestraat 642, 8300 Knokke-Heist
- Names & denominations
- SQUARE ONE · SO-PROJECTS
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 19 April 2017
- Peppol
- Not registered
- Activities · NACE
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