ACTIVE

15SQUARE

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Financial year 2025 · closed on 31/12/2025

Net result

63,5 k €

-47.1% YoY

Gross margin

184,9 k €

-20.1% YoY

Equity

1,5 M €

+4.4% YoY

What does 15SQUARE do?

15SQUARE is a Private limited company incorporated in 1994. Its main activity is: Construction of buildings. Its registered office is in Antwerpen.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0452.907.351

Incorporation

27/06/1994

Legal form

Private limited company

Registered office

Amerikalei 225
2000 Antwerpen · FlandreSee on map

Contributed capital

1 331 164,72 €

Latest accounts

31/12/2025

Activities (NACE)

41001Construction of buildings· main 41201Construction of residential and non-residential buildings 68201Rental and operating of own or leased real estate 68201Rental and operating of own or leased real estate

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 18 financial years

	2025		2024		2023		2022		2021		2020		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007
Income statement
Gross margin	184,9 k €	-20.1%	231,3 k €	+1764%	12,4 k €	+19.2%	10,4 k €	-56.7%	24,1 k €	+14.8%	21 k €	-16.8%	25,2 k €	-19.1%	31,1 k €	+41.4%	22 k €	+3.9%	21,2 k €	-8.6%	23,2 k €	+69.4%	13,7 k €	-27.1%	18,8 k €	-6.4%	20,1 k €	-9.9%	22,3 k €	+16.2%	19,2 k €	-17.3%	23,2 k €	+50.7%	15,4 k €
EBITDA	176,7 k €	-20.8%	223,2 k €	+3538%	6,1 k €	+123%	2,7 k €	-85.3%	18,7 k €	+12.5%	16,6 k €	-30.8%	24 k €	-9.7%	26,5 k €	+27.3%	20,8 k €	+4.2%	20 k €	-8.8%	21,9 k €	+76.4%	12,4 k €	-29.2%	17,6 k €	-8.6%	19,2 k €	-9.2%	21,2 k €	+17.6%	18 k €	-18.1%	22 k €	+54.5%	14,2 k €
Operating result	100,9 k €	-35.1%	155,4 k €	+508%	-38,1 k €	-81.3%	-21 k €	-922%	-2,1 k €	-127%	7,5 k €	-64.2%	21 k €	-10.9%	23,6 k €	+40.3%	16,8 k €	+22.8%	13,7 k €	+42.8%	9,6 k €	+1039%	-1 k €	-135%	2,9 k €	-11.8%	3,3 k €	-1.5%	3,3 k €	+94.1%	1,7 k €	-64.7%	4,9 k €	+380%	-1,7 k €
Net result	63,5 k €	-47.1%	119,9 k €	+322%	-54 k €	-123%	-24,2 k €	-752%	3,7 k €	-64.6%	10,5 k €	-49.2%	20,6 k €	-17.8%	25,1 k €	+47.6%	17 k €	+96.7%	8,7 k €	+8.8%	8 k €	+854%	-1,1 k €	-122%	4,7 k €	+64.3%	2,9 k €	+373%	606,8 €	+2.7%	591 €	-85.7%	4,1 k €	+13415%	-31 €
Balance sheet
Equity	1,5 M €	+4.4%	1,4 M €	+9.1%	1,3 M €	-4.0%	1,4 M €	-1.7%	1,4 M €	+0.3%	1,4 M €	+1953%	67,5 k €	+9.1%	61,9 k €	+0.2%	61,8 k €	+0.9%	61,2 k €	+16.5%	52,6 k €	+17.8%	44,6 k €	-51.8%	92,5 k €	+5.4%	87,8 k €	+3.4%	84,9 k €	+0.7%	84,3 k €	+0.7%	83,7 k €	+5.2%	79,6 k €
Total assets	2,3 M €	+0.1%	2,3 M €	+7.1%	2,1 M €	+51.2%	1,4 M €	-2.8%	1,4 M €	+1.1%	1,4 M €	+1163%	112,9 k €	+25.4%	90 k €	+6.7%	84,4 k €	+20.1%	70,2 k €	+8.8%	64,6 k €	+15.1%	56,1 k €	-44.1%	100,4 k €	+5.0%	95,7 k €	-18.5%	117,4 k €	+3.4%	113,5 k €	-10.1%	126,2 k €	-26.2%	171 k €
Cash	52,9 k €	-30.8%	76,4 k €	+213%	24,4 k €	+859%	2,5 k €	-43.8%	4,5 k €	-61.3%	11,7 k €	+376%	2,5 k €	+127%	1,1 k €	-79.9%	5,4 k €	-81.8%	29,6 k €	+68.2%	17,6 k €	+16.9%	15 k €	-69.1%	48,7 k €	+66.1%	29,3 k €	-7.4%	31,7 k €	+228%	9,7 k €	-39.5%	16 k €	+6.0%	15,1 k €
Debts	767,8 k €	-7.5%	829,9 k €	+3.5%	801,7 k €	+2326%	33 k €	-31.7%	48,4 k €	+27.7%	37,9 k €	-16.1%	45,1 k €	+61.9%	27,9 k €	+38.5%	20,1 k €	+124%	9 k €	-24.9%	12 k €	+4.7%	11,5 k €	+45.4%	7,9 k €	+0.4%	7,8 k €	-75.8%	32,4 k €	+12.5%	28,8 k €	-30.9%	41,7 k €	-54.4%	91,3 k €

Estimate

Indicative valuation

As an indication, this company is worth

between 100 k€ and 250 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 24 ended

Active mandates

Edmond De Moor

Director · since 10 juillet 2020

Active

Els Standaert

Director · since 10 juillet 2020

Active

I.T. SOLUTIONS

Director · since 20 octobre 2016 · 0463.932.588

Represented by Kris Lebacq

Active

Ended mandates

CASE YELLOW

Director · since 10 juillet 2020 · 0864.707.983

Represented by Vincent Coessens

Ended

ELS STANDAERT

Manager · since 20 octobre 2016

Ended

I.T. SOLUTIONS

Director · since 20 octobre 2016 · 0463.932.588

Represented by Kris Lebacq

Ended

I.T. SOLUTIONS

Manager · since 20 octobre 2016 · 0463.932.588

Represented by KRIS LEBACQ

Ended

At this address

Other companies at this address

Company	CBE no.
I.T. SOLUTIONS● Active	0463.932.588
J2R2● Active	0471.273.411

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Micro model	Micro 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	27/08/2026	09/10/2025	30/09/2024	25/10/2023	09/11/2022	23/03/2022
General meeting	25/08/2026	31/08/2025	28/06/2024	24/03/2023	04/03/2022	05/03/2021
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
Micro model	31/12/2025	25/08/2026	27/08/2026	Dutch	PDF
Micro model	31/12/2024	31/08/2025	09/10/2025	Dutch	PDF
Micro model	31/12/2023	28/06/2024	30/09/2024	Dutch	PDF
Micro model	31/12/2022	24/03/2023	25/10/2023	Dutch	PDF
Micro model	31/12/2021	04/03/2022	09/11/2022	Dutch	PDF
Micro model	31/12/2020	05/03/2021	23/03/2022	Dutch	PDF
Micro model	31/12/2019	19/02/2020	07/07/2020	Dutch	PDF
Micro model	31/12/2018	01/10/2019	30/12/2019	Dutch	PDF
Micro model	31/12/2017	26/11/2018	29/12/2018	Dutch	PDF
Micro model	31/12/2016	24/09/2017	30/09/2017	Dutch	PDF
Abridged model	31/12/2015	04/03/2016	25/03/2016	Dutch	PDF
Abridged model	31/12/2014	06/03/2015	12/03/2015	Dutch	PDF
Abridged model	31/12/2013	07/03/2014	09/04/2014	Dutch	PDF
Abridged model	31/12/2012	01/03/2013	28/03/2013	Dutch	PDF
Abridged model	31/12/2011	02/03/2012	16/03/2012	Dutch	PDF
Abridged model	31/12/2010	04/03/2011	05/04/2011	Dutch	PDF
Abridged model	31/12/2009	05/03/2010	24/03/2010	Dutch	PDF
Abridged model	31/12/2008	06/03/2009	30/03/2009	Dutch	PDF
Abridged model	31/12/2007	07/03/2008	26/03/2008	Dutch	PDF
Abridged model	31/12/2006	02/03/2007	23/03/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 k€ and 250 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 · 3 active · 24 ended

Active mandates

Edmond De Moor

Director · since 10 juillet 2020

Active

Els Standaert

Director · since 10 juillet 2020

Active

I.T. SOLUTIONS

Director · since 20 octobre 2016 · 0463.932.588

Represented by Kris Lebacq

Active

Ended mandates

CASE YELLOW

Director · since 10 juillet 2020 · 0864.707.983

Represented by Vincent Coessens

Ended

ELS STANDAERT

Manager · since 20 octobre 2016

Ended

I.T. SOLUTIONS

Director · since 20 octobre 2016 · 0463.932.588

Represented by Kris Lebacq

Ended

I.T. SOLUTIONS

Manager · since 20 octobre 2016 · 0463.932.588

Represented by KRIS LEBACQ

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates11/01/2024
ONTSLAGEN - BENOEMINGEN
PDF
Restructuring09/09/2020
BENAMING - DOEL - ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Restructuring12/05/2020
WIJZIGING RECHTSVORM - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Mandates29/11/2016
MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
PDF
Mandates28/05/2013
KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM
PDF
Mandates28/03/2012
ONTSLAGEN - BENOEMINGEN
PDF
Other16/01/2012
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Capital / shares16/01/2008
KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - DIVERSEN
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 202563,5 k €↓
2024
Annual accounts 2024119,9 k €↑
2023
Annual accounts 2023-54 k €↓
2022
Annual accounts 2022-24,2 k €↓
2022
Name change15SQUARE
2021
Annual accounts 20213,7 k €↓
2021
Name change15 Square
2020
Annual accounts 202010,5 k €↓
2018
Annual accounts 201820,6 k €↓
2017
Annual accounts 201725,1 k €↑
2016
Annual accounts 201617 k €↑
2015
Annual accounts 20158,7 k €↑
2014
Annual accounts 20148 k €↑
2013
Annual accounts 2013-1,1 k €↓
2012
Annual accounts 20124,7 k €↑
2011
Annual accounts 20112,9 k €↑
2010
Annual accounts 2010606,8 €↑
2009
Annual accounts 2009591 €↓
2008
Annual accounts 20084,1 k €↑
2007
Annual accounts 2007-31 €
27/06/1994
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

15SQUARE

Overview

What does 15SQUARE do?

Trend over 18 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