Financials
Financial year 2024
Squarebracket from Mechelen, company number BE0700567256, closed financial year 2024 with a result of € 68,202 after tax. For that financial year Squarebracket recorded a gross margin of € 234,318 and equity of € 78,937. Compared with financial year 2023, the result moved from € -8,974 to € 68,202. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on September 8, 2025.
€ 78,937
▲ € 68,202 vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 68,202
▲ still € 8,974 loss in 2023
Profit after tax over the fiscal year.
€ 24,665
▲ 44% vs 2023
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2024. Retained profit grew to € 72,637.
People and assets in 2024
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 133,248
▲ 11% vs 2023
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 84,214
▲ 88% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 26,976
▼ 30% vs 2023
€ 8,228 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 88,363
▲ € 83,696 vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 36,004
▼ 5% vs 2023
Taxes, VAT and social contributions still to pay.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 93,793 | € 122,525 | € 122,304 | € 234,318 | ▲ 92% |
| Profit after taxes | € 7,093 | € 7,892 | € -8,974 | € 68,202 | ▲ € 77,176 |
| Equity | € 11,817 | € 19,709 | € 10,735 | € 78,937 | ▲ € 68,202 |
| Total debts | € 37,330 | € 46,546 | € 81,181 | € 151,526 | ▲ 87% |
| Cash | € 31,260 | € 15,291 | € 17,174 | € 24,665 | ▲ 44% |
| Retained profit | € 5,517 | € 13,409 | € 4,435 | € 72,637 | ▲ € 68,202 |
| Bank debt | € 0 | € 0 | € 38,459 | € 26,976 | ▼ 30% |
| Balance sheet total | € 49,147 | € 66,255 | € 91,916 | € 230,463 | ▲ 151% |
Key figures of Squarebracket, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to Squarebracket?
What happened at Squarebracket in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: profit of € 68,202. filed late Source: NBB ↗
- New establishment in Mechelen. KBO
- Start of the company according to the CBE. KBO
In short
From € 7,093 profit in 2021 to € 68,202 profit in 2024.
Paid € 31,145 in corporate taxes since 2021.
Best year ever: 2024, with € 68,202 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 Squarebracket is Wim Vercauteren. Wim Vercauteren is also behind SADMONKEY.
Directors
According to the 2024 annual accounts
Establishments
Establishment units
Physical locations of this company
Weidestraat 11
2800 Mechelen
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.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
COMBELL-AS, BE
Domain
Domain
squarebracket.cloud
Registered
2021-01-28
Registrar
Key-Systems, LLC
Expires
2027-01-28
Website info
Features
Security
Network
Details
- Company number
- 0700.567.256
- VAT number
- BE 0700.567.256
- Registered office
- Weidestraat 11, 2800 Mechelen
- Names & denominations
- Squarebracket
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 1 August 2018
- Peppol
- Active · Active since 15 Dec 2024
- Activities · NACE
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