Financials
Financial year 2025
SQUIT from Kortrijk, company number BE0871110379, closed financial year 2025 with a result of € 11,535 after tax. For that financial year SQUIT recorded a gross margin of € 20,473 and equity of € 106,177. Compared with financial year 2024, the result moved from € 14,992 to € 11,535. The company is profitable. 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 August 31, 2026.
€ 106,177
▼ 8% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 11,535
▼ 23% vs 2024
Profit after tax over the fiscal year.
€ 37,696
▼ 37% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 21,168 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 429
▼ 60% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 456
▼ 69% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 736
▼ 48% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 19,405 | € 20,944 | € 24,902 | € 20,473 | ▼ 18% |
| Profit after taxes | € 10,778 | € 11,087 | € 14,992 | € 11,535 | ▼ 23% |
| Equity | € 108,769 | € 119,856 | € 115,810 | € 106,177 | ▼ 8% |
| Total debts | € 3,630 | € 2,334 | € 7,378 | € 1,192 | ▼ 84% |
| Cash | € 95,073 | € 104,146 | € 59,489 | € 37,696 | ▼ 37% |
| Land & buildings | € 896 | € 2,205 | € 1,965 | € 1,725 | ▼ 12% |
| Retained profit | € 96,369 | € 107,456 | € 103,410 | € 93,777 | ▼ 9% |
| Dividend | € 0 | € 0 | € 19,038 | € 21,168 | ▲ 11% |
| Balance sheet total | € 112,399 | € 122,190 | € 123,188 | € 107,369 | ▼ 13% |
Key figures of SQUIT, 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 July 2027.
What happened to SQUIT?
What happened at SQUIT in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 11,535 (▼ 23% vs 2024). filed late Source: NBB ↗
- New establishment in Kortrijk. KBO
- Start of the company according to the CBE. KBO
In short
From € 10,778 profit in 2022 to € 11,535 profit in 2025.
Paid € 28,776 in corporate taxes since 2022.
Best year ever: 2024, with € 14,992 profit.
Paid out € 40,206 in dividends to the owners in total.
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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
Directors
According to the 2025 annual accounts
Matthias Wemel
Director
Establishments
Establishment units
Physical locations of this company
Min. Vanden Peereboomlaan(Kor) 42
8500 Kortrijk
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
DNS
OVH DNS
Website info
Features
Security
Details
- Company number
- 0871.110.379
- VAT number
- BE 0871.110.379
- Registered office
- Min. Vanden Peereboomlaan(Kor) 42, 8500 Kortrijk
- Names & denominations
- SQUIT
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 11 January 2005
- Peppol
- Active · Active since 22 Dec 2025
- Contact
- squit.be
- Activities · NACE
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