SQUATINA
0418.015.857 · rovalta.com · 23/09/2026
ACTIVE
SQUATINA
Financial year 2025 · closed on 31/12/2025
Net result
-399 k €
-750.8% YoY
Revenue
17,3 M €
+5.2% YoY
Equity
30,9 M €
-1.3% YoY
Workforce
201,1 ETP
-4.1% YoY
Overview
What does SQUATINA do?
SQUATINA is a Non-profit organization incorporated in 1977. Its main activity is: Residential nursing care activities. Its registered office is in Oostende. It employs on average 201,1 ETP workers (FTE).
Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0418.015.857
Incorporation
29/12/1977
Legal form
Non-profit organization
Registered office
Nachtegalenlaan 38
8400 Oostende · FlandreSee on map
8400 Oostende · FlandreSee on map
Latest accounts
31/12/2025
Average workforce
201,1 ETP
Activities (NACE)
Joint committees (3)
- 31901
- 330
- 33001
Signals
Solid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue
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Financials
Trend over 18 financial years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | ||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||||||||||||||||||||||||||||
| Revenue | 17,3 M € | +5.2% | 16,5 M € | +7.4% | 15,3 M € | +9.0% | 14,1 M € | +16.5% | 12,1 M € | +4.6% | 11,5 M € | -2.7% | 11,9 M € | +65.6% | 7,2 M € | +1.6% | 7,1 M € | +5.7% | 6,7 M € | +7.7% | 6,2 M € | +25.8% | 4,9 M € | +15.3% | 4,3 M € | +3.5% | 4,1 M € | +5.4% | 3,9 M € | +0.8% | 3,9 M € | +3.9% | 3,7 M € | +11.4% | 3,4 M € |
| EBITDA | 627,8 k € | -27.6% | 867,2 k € | +2897% | 28,9 k € | +110% | -282,8 k € | -221% | 232,9 k € | +112% | -1,9 M € | -364% | 706,5 k € | -20.8% | 891,5 k € | +27.1% | 701,5 k € | -23.5% | 917,3 k € | +0.0% | 917,1 k € | +1322% | 64,5 k € | -82.3% | 364,6 k € | -23.4% | 476 k € | +24.1% | 383,5 k € | +4.8% | 365,9 k € | -20.2% | 458,5 k € | +107% | 221,8 k € |
| Operating result | -540,2 k € | -155% | -212,1 k € | -12.6% | -188,4 k € | +64.4% | -529,7 k € | -11978% | -4,4 k € | +99.8% | -2,1 M € | -662% | 381,8 k € | -12.3% | 435,4 k € | +78.8% | 243,5 k € | -50.5% | 491,9 k € | -2.0% | 502 k € | +270% | -295,9 k € | -679% | 51,1 k € | -67.9% | 159,2 k € | +97.2% | 80,7 k € | +12.9% | 71,5 k € | -65.3% | 205,9 k € | +702% | -34,2 k € |
| Net result | -399 k € | -751% | 61,3 k € | +169% | 22,8 k € | +104% | -593,1 k € | -1146% | -47,6 k € | +97.8% | -2,2 M € | -692% | 366,3 k € | -13.3% | 422,4 k € | +90.4% | 221,8 k € | -55.4% | 497,6 k € | -4.5% | 521,3 k € | +258% | -329,2 k € | -434% | 98,4 k € | -56.4% | 225,7 k € | +80.4% | 125,1 k € | -29.2% | 176,7 k € | -45.9% | 326,9 k € | +792% | 36,7 k € |
| Balance sheet | |||||||||||||||||||||||||||||||||||
| Equity | 30,9 M € | -1.3% | 31,3 M € | +99.8% | 15,7 M € | +0.1% | 15,6 M € | +151% | 6,2 M € | -0.8% | 6,3 M € | -25.6% | 8,5 M € | +57.1% | 5,4 M € | -17.4% | 6,5 M € | +10.0% | 5,9 M € | +7.8% | 5,5 M € | +9.0% | 5 M € | -7.3% | 5,4 M € | +0.6% | 5,4 M € | +3.0% | 5,2 M € | +1.1% | 5,2 M € | +2.4% | 5,1 M € | +19.9% | 4,2 M € |
| Total assets | 34,3 M € | -2.9% | 35,4 M € | +72.5% | 20,5 M € | +0.0% | 20,5 M € | +85.6% | 11,1 M € | -1.5% | 11,2 M € | +6.1% | 10,6 M € | +55.0% | 6,8 M € | -22.1% | 8,8 M € | +13.3% | 7,7 M € | +11.0% | 7 M € | +6.0% | 6,6 M € | -5.6% | 7 M € | -0.6% | 7 M € | +1.5% | 6,9 M € | -0.6% | 6,9 M € | -0.2% | 7 M € | +12.2% | 6,2 M € |
| Cash | 1,3 M € | -14.2% | 1,6 M € | -3.3% | 1,6 M € | -5.4% | 1,7 M € | +101% | 854 k € | -16.7% | 1 M € | +26.9% | 807,7 k € | -69.6% | 2,7 M € | +145% | 1,1 M € | +1107% | 89,9 k € | +27.5% | 70,5 k € | +128% | 30,9 k € | +1.1% | 30,6 k € | -94.8% | 590,2 k € | +2223% | 25,4 k € | -95.0% | 512,3 k € | +2.3% | 501 k € | +563% | 75,6 k € |
| Debts | 3,4 M € | +0.7% | 3,4 M € | -3.8% | 3,5 M € | +28.0% | 2,7 M € | +26.0% | 2,2 M € | +6.4% | 2 M € | +8.9% | 1,9 M € | +58.5% | 1,2 M € | -0.3% | 1,2 M € | -9.5% | 1,3 M € | -6.7% | 1,4 M € | -2.7% | 1,4 M € | -0.7% | 1,5 M € | -4.2% | 1,5 M € | -2.4% | 1,6 M € | -7.3% | 1,7 M € | -9.5% | 1,9 M € | -3.7% | 1,9 M € |
| Other | |||||||||||||||||||||||||||||||||||
| Workforce | 201,1 ETP | -4.1% | 209,7 ETP | +5.8% | 198,2 ETP | +6.6% | 185,9 ETP | +5.7% | 175,9 ETP | +0.3% | 175,3 ETP | +2.3% | 171,4 ETP | +52.6% | 112,3 ETP | -0.6% | 113,0 ETP | +5.7% | 106,9 ETP | -0.9% | 107,9 ETP | +12.0% | 96,3 ETP | +12.4% | 85,7 ETP | +7.7% | 79,6 ETP | +2.2% | 77,9 ETP | +2.5% | 76,0 ETP | +5.1% | 72,3 ETP | -6.8% | 77,6 ETP |
Estimate
Indicative valuation
As an indication, this company is worth
between 10 M€ and 25 M€
See the valuationGovernance
Board of directors
Seen on filing of 31/12/2025 · 17 active · 59 ended
Active mandates
Sarah DEGRYSE
ActiveAn CASTELEYN
ActiveAnn VERSCHINGEL
ActiveBenny VANDER CRUYSSEN
ActiveDaisy RYCKX
ActiveMario De Prince
ActiveBart De Bock
ActiveBeatrijs UYTTENHOVE
ActivePieter BILLIET
ActiveGeert DESCAMPS
ActiveLisette PITTELJON
ActiveBertrand PEIRSEGAELE
ActiveDirk LALEMAN
ActiveFernand JONCKHEERE
ActiveGeert VANSTEENKISTE
ActiveBertrand LEJEUNE
ActiveFreddy VERCOUTER
ActiveEnded mandates
At this address
Other companies at this address
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|---|---|
MSI-Cluster● Active | 0679.588.136 |
T OPTIMISTJE● Active | 0479.658.268 |
ZorgKrachtPlus● Active | 0759.695.684 |
Financials
Annual accounts
Full financial information
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
| Type of account | Full model | Full model | Full model | Full model | Full model | Full model |
| Start of the financial year | 01/01/2025 | 01/01/2024 | 01/01/2023 | 01/01/2022 | 01/01/2021 | 01/01/2020 |
| Closing of the financial year | 31/12/2025 | 31/12/2024 | 31/12/2023 | 31/12/2022 | 31/12/2021 | 31/12/2020 |
| Length of the financial year | 12 months | 12 months | 12 months | 12 months | 12 months | 12 months |
| Filing date | 04/06/2026 | 05/06/2025 | 24/05/2024 | 22/05/2023 | 23/05/2022 | 26/05/2021 |
| General meeting | 03/06/2026 | 04/06/2025 | 15/05/2024 | 17/05/2023 | 18/05/2022 | 19/05/2021 |
| Currency of the financial year | EUR | EUR | EUR | EUR | EUR | EUR |
| NBB quality label | Satisfying controls | Satisfying controls | Satisfying controls | Satisfying controls | Satisfying controls | Satisfying controls |
Ratios
Financial ratios
Looking for more information about this company?
Try for 7 daysFilings
Annual accounts filings
20 filings with the NBB
| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Full model | 31/12/2025 | 03/06/2026 | 04/06/2026 | Dutch | |
| Full model | 31/12/2024 | 04/06/2025 | 05/06/2025 | Dutch | |
| Full model | 31/12/2023 | 15/05/2024 | 24/05/2024 | Dutch | |
| Full model | 31/12/2022 | 17/05/2023 | 22/05/2023 | Dutch | |
| Full model | 31/12/2021 | 18/05/2022 | 23/05/2022 | Dutch | |
| Full model | 31/12/2020 | 19/05/2021 | 26/05/2021 | Dutch | |
| Full model | 31/12/2019 | 17/06/2020 | 18/06/2020 | Dutch | |
| Full model | 31/12/2018 | 15/05/2019 | 16/05/2019 | Dutch | |
| Full model | 31/12/2017 | 16/05/2018 | 25/05/2018 | Dutch | |
| Full model | 31/12/2016 | 17/05/2017 | 24/05/2017 | Dutch | |
| Full model | 31/12/2015 | 18/05/2016 | 19/05/2016 | Dutch | |
| Full model | 31/12/2014 | 20/05/2015 | 21/05/2015 | Dutch | |
| Full model | 31/12/2013 | 21/05/2014 | 26/05/2014 | Dutch | |
| Full model | 31/12/2012 | 15/05/2013 | 27/05/2013 | Dutch | |
| Full model | 31/12/2011 | 16/05/2012 | 30/05/2012 | Dutch | |
| Full model | 31/12/2010 | 18/05/2011 | 09/06/2011 | Dutch | |
| Full model | 31/12/2009 | 19/05/2010 | 31/05/2010 | Dutch | |
| Full model | 31/12/2008 | 20/05/2009 | 04/06/2009 | Dutch | |
| Full model | 31/12/2007 | 21/05/2008 | 11/06/2008 | Dutch | |
| Full model | 31/12/2006 | 16/05/2007 | 07/06/2007 | Dutch |
Valuation
Estimate
Indicative valuation
Order of magnitude
As an indication, this company is worth
between 10 M€ and 25 M€
The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.
Disclaimer
Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.
Directors & structure
Governance
Board of directors
Seen on filing of 31/12/2025 · 17 active · 59 ended
Active mandates
Sarah DEGRYSE
ActiveAn CASTELEYN
ActiveAnn VERSCHINGEL
ActiveBenny VANDER CRUYSSEN
ActiveDaisy RYCKX
ActiveMario De Prince
ActiveBart De Bock
ActiveBeatrijs UYTTENHOVE
ActivePieter BILLIET
ActiveGeert DESCAMPS
ActiveLisette PITTELJON
ActiveBertrand PEIRSEGAELE
ActiveDirk LALEMAN
ActiveFernand JONCKHEERE
ActiveGeert VANSTEENKISTE
ActiveBertrand LEJEUNE
ActiveFreddy VERCOUTER
ActiveEnded mandates
Shareholders
Ownership and network
Looking for more information about this company?
Try for 7 daysPublications
Belgian Official Gazette
Belgian Official Gazette publications
- Mandates30/03/2026ONTSLAGEN - BENOEMINGEN
- Mandates10/07/2025ONTSLAGEN - BENOEMINGEN
- Mandates18/04/2025ONTSLAGEN - BENOEMINGEN
- Mandates30/05/2024ONTSLAGEN - BENOEMINGEN
- Mandates31/01/2023ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
- Mandates10/06/2022ONTSLAGEN - BENOEMINGEN
- Mandates03/06/2021ONTSLAGEN - BENOEMINGEN
- Mandates03/07/2020ONTSLAGEN - BENOEMINGEN
Source: Belgian Official Gazette
Similar companies
Competition
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 2025Annual accounts 2025-399 k €↓
- 2024Annual accounts 202461,3 k €↑
- 2023Annual accounts 202322,8 k €↑
- 2022Annual accounts 2022-593,1 k €↓
- 2021Annual accounts 2021-47,6 k €↑
- 2020Annual accounts 2020-2,2 M €↓
- 2019Annual accounts 2019366,3 k €↓
- 2018Annual accounts 2018422,4 k €↑
- 2017Annual accounts 2017221,8 k €↓
- 2015Annual accounts 2015497,6 k €↓
- 2014Annual accounts 2014521,3 k €↑
- 2013Annual accounts 2013-329,2 k €↓
- 2012Annual accounts 201298,4 k €↓
- 2011Annual accounts 2011225,7 k €↑
- 2010Annual accounts 2010125,1 k €↓
- 2009Annual accounts 2009176,7 k €↓
- 2008Annual accounts 2008326,9 k €↑
- 2007Annual accounts 200736,7 k €
- 29/12/1977IncorporationNon-profit organization