ACTIVE

SQUARE-ALVA

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Financial year 2025 · closed on 31/12/2025

Net result

33,3 k €

+112.9% YoY

Gross margin

427,6 k €

+35.7% YoY

Equity

1,3 M €

+2.5% YoY

What does SQUARE-ALVA do?

SQUARE-ALVA is a Private limited company incorporated in 1978. Its main activity is: Rental and operating of own or leased real estate. Its registered office is in Ixelles.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0418.630.125

Incorporation

25/07/1978

Legal form

Private limited company

Registered office

Avenue Louise 489
1050 Ixelles · BruxellesSee on map

Contributed capital

1 474 000,01 €

Latest accounts

31/12/2025

Activities (NACE)

68203Rental and operating of own or leased real estate· main 68203Rental and operating of own or leased real estate

Joint committees (1)

Signals

ProfitableSolid equityGood liquidityPositive cashflowPositive EBITDA

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 19 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007
Income statement
Gross margin	427,6 k €	+35.7%	315 k €	+3.9%	303,2 k €	+4.9%	289 k €	+7.6%	268,6 k €	+0.1%	268,4 k €	+43.3%	187,3 k €	+289%	48,1 k €	+43.7%	33,5 k €	+249%	9,6 k €	-61.5%	24,9 k €	-23.9%	32,7 k €	-29.0%	46,1 k €	+158%	17,9 k €	-44.4%	32,2 k €	+16.8%	27,6 k €	+3.7%	26,6 k €	+227%	8,1 k €	-74.3%	31,6 k €
EBITDA	306,9 k €	+18.7%	258,6 k €	+3.7%	249,4 k €	+4.3%	239 k €	+13.0%	211,6 k €	-3.8%	220 k €	+49.3%	147,3 k €	+223%	45,6 k €	+185%	16 k €	+133%	-48,3 k €	-396%	-9,8 k €	-819%	1,4 k €	-90.9%	15 k €	+205%	-14,2 k €	-7902%	-177,3 €	+91.2%	-2 k €	+77.0%	-8,8 k €	+58.2%	-21 k €	-2979%	-683 €
Operating result	126,5 k €	+57.8%	80,1 k €	+0.4%	79,8 k €	+23.6%	64,6 k €	+25.5%	51,5 k €	-25.0%	68,6 k €	+160%	26,3 k €	+399%	-8,8 k €	-175%	11,8 k €	+123%	-50,8 k €	-399%	-10,2 k €	-1120%	999,8 €	-92.4%	13,1 k €	+182%	-16,1 k €	-686%	-2 k €	+47.4%	-3,9 k €	+63.5%	-10,7 k €	+53.5%	-22,9 k €	-798%	-2,6 k €
Net result	33,3 k €	+113%	15,6 k €	-21.8%	20 k €	+89.8%	10,5 k €	-27.8%	14,6 k €	-51.3%	30 k €	+316%	-13,9 k €	+54.9%	-30,8 k €	-384%	10,8 k €	+120%	-53,7 k €	-153%	-21,2 k €	-1469%	1,6 k €	-88.0%	12,9 k €	+180%	-16,2 k €	-591%	-2,3 k €	+45.3%	-4,3 k €	+60.0%	-10,7 k €	+53.8%	-23,2 k €	-676%	-3 k €
Balance sheet
Equity	1,3 M €	+2.5%	1,3 M €	+1.2%	1,3 M €	+1.6%	1,3 M €	+0.8%	1,3 M €	+1.2%	1,2 M €	+2.5%	1,2 M €	-1.1%	1,2 M €	+10853%	11,2 k €	+2809%	386,1 €	-99.3%	54,1 k €	-28.2%	75,4 k €	+2.1%	73,8 k €	+21.3%	60,9 k €	-21.0%	77 k €	-2.9%	79,4 k €	-5.1%	83,7 k €	-11.3%	94,4 k €	-19.7%	117,5 k €
Total assets	3,8 M €	+0.2%	3,8 M €	-2.8%	3,9 M €	-1.8%	4 M €	-1.4%	4 M €	+1.3%	4 M €	-0.9%	4 M €	+15.3%	3,5 M €	+3630%	92,9 k €	+27.4%	72,9 k €	-78.5%	339 k €	-3.0%	349,4 k €	-1.0%	352,8 k €	+1.4%	348,1 k €	-8.4%	380,1 k €	-2.5%	389,8 k €	-1.6%	396,2 k €	-4.3%	414,2 k €	-3.6%	429,8 k €
Cash	179,9 k €	+233%	54 k €	+515%	8,8 k €	-23.5%	11,5 k €	-60.8%	29,3 k €	+39.0%	21,1 k €	+31.4%	16,1 k €	+25.6%	12,8 k €	+865%	1,3 k €	-94.0%	22 k €	-78.0%	100,2 k €	-4.9%	105,4 k €		–		52,3 k €	-27.5%	72,1 k €	+19.1%	60,6 k €	+1.0%	60 k €	-1.9%	61,2 k €	+1.5%	60,3 k €
Debts	2,4 M €	-0.2%	2,4 M €	-5.5%	2,6 M €	-3.2%	2,7 M €	-3.1%	2,7 M €	+2.3%	2,7 M €	-2.6%	2,7 M €	+23.2%	2,2 M €	+2654%	81 k €	+11.8%	72,5 k €	-74.6%	284,9 k €	+4.0%	274 k €	-0.3%	274,8 k €	-4.3%	287,3 k €	-5.2%	303,1 k €	-2.4%	310,4 k €	-0.7%	312,5 k €	-2.3%	319,8 k €	+2.4%	312,2 k €
Other
Workforce	–		–		–		–		–		–		–		–		–		0,7 ETP	-30.0%	1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 7 ended

Active mandates

DV CONSULT & MANAGEMENT

Director · 0675.483.353

Represented by DENIS VANDAMME

Active

Ended mandates

REPSAK

Managing director · since 09 janvier 2025 · 0633.501.357

Represented by Kasper Deforche

Ended

Myriam Solbreux

Director · since 16 décembre 2019

Ended

Larissa Vastapane

Director · since 19 janvier 2017 · until 24 avril 2022

Ended

Mattéo Lupo

Director · since 19 janvier 2017 · until 24 février 2022

Ended

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Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Micro model	Micro 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	25/06/2026	27/06/2025	10/09/2024	22/08/2023	17/08/2022	11/08/2021
General meeting	18/06/2026	10/04/2025	11/04/2024	13/04/2023	14/04/2022	08/04/2021
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

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Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	18/06/2026	25/06/2026	French	PDF
Abridged model	31/12/2024	10/04/2025	27/06/2025	French	PDF
Abridged model	31/12/2023	11/04/2024	10/09/2024	French	PDF
Abridged model	31/12/2022	13/04/2023	22/08/2023	French	PDF
Micro model	31/12/2021	14/04/2022	17/08/2022	French	PDF
Micro model	31/12/2020	08/04/2021	11/08/2021	French	PDF
Abridged model	31/12/2019	09/04/2020	05/06/2020	French	PDF
Abridged model	31/12/2018	11/04/2019	22/05/2019	French	PDF
Abridged model	31/12/2017	22/05/2018	20/06/2018	French	PDF
Abridged model	31/12/2016	23/05/2017	31/08/2017	French	PDF
Abridged model	31/12/2015	06/05/2016	10/07/2016	French	PDF
Abridged model	31/12/2014	08/05/2015	27/07/2015	French	PDF
Abridged model	31/12/2013	02/05/2014	08/07/2014	French	PDF
Abridged model	31/12/2012	03/05/2013	05/07/2013	French	PDF
Abridged model	31/12/2011	04/05/2012	19/07/2012	French	PDF
Abridged model	31/12/2010	06/05/2011	18/07/2011	French	PDF
Abridged model	31/12/2009	07/05/2010	08/09/2010	French	PDF
Abridged model	31/12/2008	08/05/2009	28/07/2009	French	PDF
Abridged model	31/12/2007	02/05/2008	28/07/2008	French	PDF
Abridged model	31/12/2006	04/05/2007	30/07/2007	French	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 k€

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.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 7 ended

Active mandates

DV CONSULT & MANAGEMENT

Director · 0675.483.353

Represented by DENIS VANDAMME

Active

Ended mandates

REPSAK

Managing director · since 09 janvier 2025 · 0633.501.357

Represented by Kasper Deforche

Ended

Myriam Solbreux

Director · since 16 décembre 2019

Ended

Larissa Vastapane

Director · since 19 janvier 2017 · until 24 avril 2022

Ended

Mattéo Lupo

Director · since 19 janvier 2017 · until 24 février 2022

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates21/04/2026
DEMISSIONS, NOMINATIONS
PDF
Mandates04/09/2025
DEMISSIONS, NOMINATIONS - SIEGE SOCIAL
PDF
Mandates03/02/2025
DEMISSIONS, NOMINATIONS
PDF
Mandates25/03/2020
MODIFICATION FORME JURIDIQUE - DEMISSIONS, NOMINATIONS
PDF
Mandates15/07/2019
DEMISSIONS, NOMINATIONS
PDF
Mandates18/07/2018
CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - MODIFICATION FORME JURIDIQUE
PDF
Mandates27/02/2017
DENOMINATION - SIEGE SOCIAL - OBJET - DEMISSIONS, NOMINATIONS - ASSEMBLEE GENERALE - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

2025
Annual accounts 202533,3 k €↑
2024
Annual accounts 202415,6 k €↓
2023
Annual accounts 202320 k €↑
2022
Annual accounts 202210,5 k €↓
2021
Annual accounts 202114,6 k €↓
2020
Annual accounts 202030 k €↑
2019
Annual accounts 2019-13,9 k €↑
2018
Annual accounts 2018-30,8 k €↓
2017
Annual accounts 201710,8 k €↑
2016
Annual accounts 2016-53,7 k €↓
2016
Name changeSquare Alva
2015
Annual accounts 2015-21,2 k €↓
2014
Annual accounts 20141,6 k €↓
2013
Annual accounts 201312,9 k €↑
2012
Annual accounts 2012-16,2 k €↓
2011
Annual accounts 2011-2,3 k €↑
2010
Annual accounts 2010-4,3 k €↑
2009
Annual accounts 2009-10,7 k €↑
2008
Annual accounts 2008-23,2 k €↓
2007
Annual accounts 2007-3 k €
2007
Name changePERS'ART
25/07/1978
IncorporationPrivate limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

SQUARE-ALVA

Overview

What does SQUARE-ALVA do?

Trend over 19 financial years

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline