Financials
Financial year 2025
SQUARE 19 from Lanaken, company number BE0863138563, closed financial year 2025 with a result of € 221,418 after tax. For that financial year SQUARE 19 recorded a gross margin of € 708,756 and equity of € 8.5 million. Compared with financial year 2024, the result moved from € 149,193 to € 221,418. Profitable, and profit is growing. 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 January 30, 2026.
€ 8.5 million
▲ 3% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 221,418
▲ 48% vs 2024
Profit after tax over the fiscal year.
€ 20,333
▼ 85% 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 € 1 million.
People and assets in 2025
€ 32,269
▼ 32% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 718,911
▼ 9% vs 2024
€ 74,375 is repaid this year. At this pace the long-term loan is gone in ≈ 10 years.
€ 53,455
▼ 19% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 81,728
▼ 46% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 520,847 | € 1,080,462 | € 781,672 | € 708,756 | ▼ 9% |
| Profit after taxes | € -233,167 | € 382,239 | € 149,193 | € 221,418 | ▲ 48% |
| Equity | € 7,766,059 | € 8,148,298 | € 8,297,491 | € 8,518,909 | ▲ 3% |
| Total debts | € 2,151,232 | € 1,298,111 | € 1,156,258 | € 950,877 | ▼ 18% |
| Cash | € 42,739 | € 49,668 | € 134,760 | € 20,333 | ▼ 85% |
| Land & buildings | € 7,606,039 | € 7,330,027 | € 6,971,475 | € 6,591,425 | ▼ 5% |
| Retained profit | € 247,459 | € 629,698 | € 778,891 | € 1,000,309 | ▲ 28% |
| Bank debt | € 1,266,684 | € 956,700 | € 792,336 | € 718,911 | ▼ 9% |
| Balance sheet total | € 9,917,290 | € 9,446,409 | € 9,453,748 | € 9,469,786 |
Key figures of SQUARE 19, 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 January 2027.
What happened to SQUARE 19?
What happened at SQUARE 19 in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 221,418 (▲ 48% vs 2024). Source: NBB ↗
- Hendrikus Wielheesen became a director. NBB
- Start of the company according to the CBE. KBO
- New establishment in Lanaken. KBO
In short
From € 233,167 loss in 2022 to € 221,418 profit in 2025.
Paid € 497,865 in corporate taxes since 2022.
Best year ever: 2023, with € 382,239 profit.
Management
Behind SQUARE 19 is Hendrikus Wielheesen.
Directors
According to the 2025 annual accounts
Hendrikus Wielheesen
Director
since 2020
Establishments
Establishment units
Physical locations of this company
Industrieweg 1
3620 Lanaken
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
- 0863.138.563
- VAT number
- BE 0863.138.563
- Registered office
- Industrieweg 1, 3620 Lanaken
- Names & denominations
- SQUARE 19
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 30 January 2004
- Peppol
- Active · Active since 24 Nov 2023
- Activities · NACE
Activiteiten van holdings
Verhuur en exploitatie van eigen of geleased niet-residentieel onroerend goed, exclusief terreinen