Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 2 of the last 2 fiscal years.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
-
Tight liquidity NBB
Cash and receivables cover 53 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Squid.co from Aalter, company number BE1006420827, closed financial year 2025 with a result of € -76,573 after tax. For that financial year Squid.co recorded a gross margin of € 46,410 and equity of € -221,685. Compared with financial year 2024, the result moved from € -155,112 to € -76,573. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on August 31, 2026.
€ -221,685
▼ € 76,573 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -76,573
▲ 51 % less loss than in 2024
Profit after tax over the fiscal year.
€ 9,243
▼ 39% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -231,685.
People and assets in 2025
1
▲ 0.5 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 107,192
▲ 119% vs 2024
€ 107,200 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 30,466
▼ 24% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 127,836
▼ 6% vs 2024
€ 7,787 is repaid this year. At this pace the long-term loan is gone in ≈ 16 years.
€ 104,514
▲ 95% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 40,135
▲ € 39,566 vs 2024
Taxes, VAT and social contributions still to pay.
| 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|
| Gross margin | € -97,104 | € 46,410 | ▲ € 143,514 |
| Profit after taxes | € -155,112 | € -76,573 | ▲ € 78,539 |
| Equity | € -145,112 | € -221,685 | ▼ € 76,573 |
| Total debts | € 261,282 | € 409,326 | ▲ 57% |
| Cash | € 15,182 | € 9,243 | ▼ 39% |
| Retained profit | € -155,112 | € -231,685 | ▼ € 76,573 |
| Bank debt | € 135,340 | € 127,836 | ▼ 6% |
| Balance sheet total | € 116,169 | € 187,641 | ▲ 62% |
| Employees (FTE) | 0.5 | 1 | ▲ 0.5 |
Key figures of Squid.co, fiscal years 2024 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 Squid.co?
What happened at Squid.co in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 76,573. filed late Source: NBB ↗
- New establishment in Aalter. KBO
- Start of the company according to the CBE. KBO
- Luc Coopman became a director. NBB
In short
From € 155,112 loss in 2024 to € 76,573 loss in 2025.
Paid € 201 in corporate taxes since 2024.
On average € 46,400 of value added per employee in 2025.
Management
Behind Squid.co is Luc Coopman. Luc Coopman is also behind COOPMAN & PARTNERS BOEKHOUDING EN FISCALITEIT and HALTRA840.
Directors
According to the 2025 annual accounts
since 2024
Establishments
Establishment units
Physical locations of this company
Brugstraat 147
9880 Aalter
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 7 companies are registered at this address.
All companies at this address →COBOFISK
€ -1,467 gross margin · 2025
COBOFISK-GROEP
COOPMAN & PARTNERS BOEKHOUDING EN FISCALITEIT same network
€ 2.2 million gross margin · 2025
EP COMPANY
€ -4,587 gross margin · 2025
HALTRA840 same network
€ 158,050 gross margin · 2025
+2 more
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
Website info
Features
Security
Details
- Company number
- 1006.420.827
- VAT number
- BE 1006.420.827
- Registered office
- Brugstraat 147, 9880 Aalter
- Names & denominations
- Squid.co
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 26 February 2024
- Peppol
- Active · Active since 1 Jan 2001
- Contact
- squidco.be [email protected]
- Activities · NACE
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