Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 7 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
URBAN SQUARE from Namur, company number BE0691780145, closed financial year 2025 with a result of € 12,299 after tax. For that financial year URBAN SQUARE recorded a gross margin of € 84,313 and equity of € 983. Compared with financial year 2024, the result moved from € 21,228 to € 12,299. The company is profitable. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 8, 2026.
€ 983
▲ € 12,299 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 12,299
▼ 42% vs 2024
Profit after tax over the fiscal year.
€ 24,614
▼ 31% 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 € -59,017.
People and assets in 2025
€ 22
▼ 97% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 1 million
▼ 6% vs 2024
€ 64,093 is repaid this year. At this pace the long-term loan is gone in ≈ 16 years.
€ 2,040
▼ 51% vs 2024
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 | € 69,995 | € 188,436 | € 120,333 | € 84,313 | ▼ 30% |
| Profit after taxes | € -16,869 | € 8,333 | € 21,228 | € 12,299 | ▼ 42% |
| Equity | € -40,875 | € -32,543 | € -11,315 | € 983 | ▲ € 12,299 |
| Total debts | € 1,450,506 | € 1,387,628 | € 1,404,807 | € 1,333,395 | ▼ 5% |
| Cash | € 14,005 | € 11,584 | € 35,600 | € 24,614 | ▼ 31% |
| Land & buildings | € 1,367,098 | € 1,322,473 | € 1,339,711 | € 1,293,215 | ▼ 3% |
| Retained profit | € -100,875 | € -92,543 | € -71,315 | € -59,017 | ▲ € 12,299 |
| Bank debt | € 1,133,075 | € 1,073,892 | € 1,068,459 | € 1,005,333 | ▼ 6% |
| Balance sheet total | € 1,409,631 | € 1,355,085 | € 1,393,491 | € 1,334,379 | ▼ 4% |
Key figures of URBAN SQUARE, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 April 2027.
What happened to URBAN SQUARE?
What happened at URBAN SQUARE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 12,299 (▼ 42% vs 2024). filed late Source: NBB ↗
- New establishment in Oudergem. KBO
- Start of the company according to the CBE. KBO
In short
From € 16,869 loss in 2022 to € 12,299 profit in 2025.
Best year ever: 2024, with € 21,228 profit.
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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
Behind URBAN SQUARE is Quentin LOSDYCK. It owns 100% of NOVAD itself.
Directors
According to the 2025 annual accounts
Establishments
Establishment units
Physical locations of this company
Avenue de l'Ermitage 15
5000 Namur
Herrmann-Debrouxlaan 54
1160 Oudergem
Active since 8 March 2018
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
- 0691.780.145
- VAT number
- BE 0691.780.145
- Registered office
- Avenue de l'Ermitage 15, 5000 Namur
- Names & denominations
- URBAN SQUARE
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 6 March 2018
- Peppol
- Active · Active since 2 Feb 2026