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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Tight liquidity NBB
Cash and receivables cover 0 % of short-term debt in 2025; threshold 65 %.
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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
SQUARE2 from Roeselare, company number BE0777487662, closed financial year 2025 with a result of € -4,297 after tax. For that financial year SQUARE2 recorded a gross margin of € -2,701 and equity of € 14,364. Compared with financial year 2024, the result moved from € -2,958 to € -4,297. The company made a loss. The company holds a healthy buffer. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on January 3, 2026.
€ 14,364
▼ 23% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -4,297
▼ 45 % more loss than in 2024
Profit after tax over the fiscal year.
€ 337
▲ € 332 vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -15,636.
Debts at end 2025
€ 426,750
Loans from banks and other lenders, long and short.
| 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|
| Gross margin | € 811 | € -2,313 | € -2,701 | ▼ € 388 |
| Profit after taxes | € -8,381 | € -2,958 | € -4,297 | ▼ € 1,339 |
| Equity | € 21,619 | € 18,662 | € 14,364 | ▼ 23% |
| Total debts | € 494,072 | € 510,187 | € 532,558 | ▲ 4% |
| Cash | € 4,191 | € 5 | € 337 | ▲ € 332 |
| Retained profit | € -8,381 | € -11,338 | € -15,636 | ▼ € 4,297 |
| Bank debt | € 438,750 | € 426,750 | € 426,750 | |
| Balance sheet total | € 515,691 | € 528,848 | € 546,922 | ▲ 3% |
Key figures of SQUARE2, fiscal years 2023 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.
What happened to SQUARE2?
What happened at SQUARE2 in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 4,297. Source: NBB ↗
- New establishment in Roeselare. KBO
- Start of the company according to the CBE. KBO
- Hamers Jan, zelfs. jurist BV became a director. NBB
In short
From € 8,381 loss in 2023 to € 4,297 loss in 2025.
Management
The stake of HDB & E comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
SQUARE2Behind SQUARE2 are Hamers Jan, zelfs. jurist BV and Custom Pro BV. The shares are held by HDB & E (33.3%).
Directors
According to the 2025 annual accounts
since 2021
Director · represented by Jo Vandewalle
Shareholders
33.3%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Westkouter 79
8800 Roeselare
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
- 0777.487.662
- VAT number
- BE 0777.487.662
- Registered office
- Westkouter 79, 8800 Roeselare
- Names & denominations
- SQUARE2
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 18 November 2021
- Peppol
- Not registered