ACTIVE

Square Equity

Financial year 2025 · closed on 30/09/2025
Net result
-19,3 k €
+71.6% YoY
Gross margin
197,5 k €
+1.2% YoY
Equity
364,9 k €
-5.0% YoY

What does Square Equity do?

Square Equity is a Private limited company incorporated in 1992. Its main activity is: Other information technology and computer service activities. Its registered office is in Brugge.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0448.945.395
Incorporation
11/12/1992
Legal form
Private limited company
Registered office
Sint-Jakobsstraat 52
8000 Brugge · FlandreSee on map
Contributed capital
630 000,00 €
Latest accounts
30/09/2025
Joint committees (2)
  • 200
  • 218
Signals
Positive cashflowPositive EBITDA
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 18 financial years

202520242023202220212020201920172016201520142013201220112010200920082007
Income statement
Gross margin197,5 k €195,2 k €262,7 k €289 k €363,3 k €380,8 k €690,5 k €327,7 k €504,2 k €629,9 k €1,3 M €1,3 M €1,5 M €1,6 M €1,1 M €1 M €62,1 k €177,1 k €
EBITDA187,2 k €183 k €185 k €212,7 k €278,2 k €324,6 k €601,7 k €276,4 k €477,8 k €607,7 k €1,3 M €-95,4 k €250,9 k €129 k €123,3 k €157,1 k €56,6 k €14,6 k €
Operating result85,9 k €63,2 k €49 k €-73,4 k €-150,2 k €109,7 k €252,9 k €-36,2 k €175,7 k €304,9 k €1,1 M €-114,6 k €167,3 k €-13,5 k €35,8 k €43,6 k €54,8 k €-76,8 k €
Net result-19,3 k €-67,9 k €-78,1 k €-210 k €-297,6 k €14 k €601,1 €-198,8 k €8,6 k €244,5 k €148,1 k €103,1 k €263 k €144,1 k €18,8 k €1,5 k €190,9 k €-95,2 k €
Balance sheet
Equity364,9 k €384,1 k €452 k €530,1 k €740,1 k €1 M €1 M €1 M €1,2 M €1,3 M €1,2 M €1 M €922,9 k €784,9 k €640,7 k €453 k €451,5 k €260,6 k €
Total assets4 M €3,9 M €5 M €5,4 M €5,1 M €6,2 M €6,2 M €6,7 M €6,7 M €7,4 M €6,7 M €4,1 M €7,2 M €7,7 M €1,1 M €1,6 M €3,4 M €3,4 M €
Cash668,6 k €490,2 k €705,9 k €961,2 k €14,9 k €12,1 k €6 k €376,2 k €5,3 k €59,5 k €17,6 k €232,7 k €460,9 k €974,4 k €33,9 k €9,7 k €51,3 k €54,8 k €
Debts3,6 M €3,5 M €4,6 M €4,8 M €4,4 M €5,1 M €5,1 M €5,7 M €5,4 M €6,1 M €5,5 M €3 M €6,3 M €6,8 M €472 k €1,1 M €3 M €3,2 M €
Other
Workforce0,8 ETP1,5 ETP1,0 ETP1,0 ETP1,0 ETP1,0 ETP21,4 ETP22,7 ETP26,6 ETP18,7 ETP9,0 ETP5,8 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 30/09/2025 · 1 active · 9 ended

Active mandates

Icsonviva

Director · 0803.415.564

Represented by Kurt De Vreese

Active

Ended mandates

Icsonviva

Director · since 01 juillet 2023 · 0803.415.564

Represented by Kurt De Vreese

Ended
Koenraad Stuyts

Manager · since 28 février 2007

Ended
Mieke Desramault

Manager · since 28 février 2007

Ended
Koenraad Stuyts

Director · until 30 juin 2023

Ended
At this address

Other companies at this address

CompanyCBE no.
T-HL BELGIUMActive
0439.188.581
0823.267.704
T-HL VATActive
0810.384.223
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/10/202401/10/202301/10/202201/10/202101/04/202001/04/2019
Closing of the financial year30/09/202530/09/202430/09/202330/09/202230/09/202131/03/2020
Length of the financial year12 months12 months12 months12 months18 months12 months
Filing date14/01/202628/01/202518/01/202417/04/202326/04/202213/10/2020
General meeting30/12/202530/12/202420/12/202330/03/202330/03/202220/09/2020
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

19 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model30/09/202530/12/202514/01/2026DutchPDF
Abridged model30/09/202430/12/202428/01/2025DutchPDF
Abridged model30/09/202320/12/202318/01/2024DutchPDF
Abridged model30/09/202230/03/202317/04/2023DutchPDF
Abridged model30/09/202130/03/202226/04/2022DutchPDF
Abridged model31/03/202020/09/202013/10/2020DutchPDF
Abridged model31/03/201920/09/201923/09/2019DutchPDF
Abridged model31/12/201720/06/201819/07/2018DutchPDF
Abridged model31/12/201620/06/201707/07/2017DutchPDF
Abridged model31/12/201520/06/201620/07/2016DutchPDF
Abridged model31/12/201420/06/201515/07/2015DutchPDF
Abridged model30/09/201320/12/201304/03/2014DutchPDF
Abridged model30/06/201220/12/201216/01/2013DutchPDF
Abridged model30/06/201120/12/201120/01/2012DutchPDF
Abridged model31/03/201020/09/201027/10/2010DutchPDF
Abridged model31/03/200920/09/200923/10/2009DutchPDF
Abridged model31/03/200820/09/200816/10/2008DutchPDF
Abridged model31/03/200720/09/200716/10/2007DutchPDF
Abridged model30/09/200620/03/200730/03/2007DutchPDF
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 30/09/2025 · 1 active · 9 ended

Active mandates

Icsonviva

Director · 0803.415.564

Represented by Kurt De Vreese

Active

Ended mandates

Icsonviva

Director · since 01 juillet 2023 · 0803.415.564

Represented by Kurt De Vreese

Ended
Koenraad Stuyts

Manager · since 28 février 2007

Ended
Mieke Desramault

Manager · since 28 février 2007

Ended
Koenraad Stuyts

Director · until 30 juin 2023

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates19/07/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates19/10/2020
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING - BOEKJAAR
    PDF
  • Mandates21/01/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office16/08/2018
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Capital / shares13/06/2018
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - KAPITAAL - AANDELEN - ALGEMENE VERGADERING - BOEKJAAR
    PDF
  • Mandates12/06/2018
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office29/01/2015
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Other03/10/2014
    ALGEMENE VERGADERING - BOEKJAAR
    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

Timeline

  1. 2025
    Annual accounts 2025-19,3 k €
  2. 2024
    Annual accounts 2024-67,9 k €
  3. 2023
    Annual accounts 2023-78,1 k €
  4. 2022
    Annual accounts 2022-210 k €
  5. 2021
    Annual accounts 2021-297,6 k €
  6. 2020
    Annual accounts 202014 k €
  7. 2019
    Annual accounts 2019601,1 €
  8. 2017
    Annual accounts 2017-198,8 k €
  9. 2016
    Annual accounts 20168,6 k €
  10. 2015
    Annual accounts 2015244,5 k €
  11. 2014
    Annual accounts 2014148,1 k €
  12. 2013
    Annual accounts 2013103,1 k €
  13. 2012
    Annual accounts 2012263 k €
  14. 2011
    Annual accounts 2011144,1 k €
  15. 2010
    Annual accounts 201018,8 k €
  16. 2009
    Annual accounts 20091,5 k €
  17. 2008
    Annual accounts 2008190,9 k €
  18. 2007
    Annual accounts 2007-95,2 k €
  19. 11/12/1992
    IncorporationPrivate limited company