ACTIVE

SQUARIS

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Financial year 2024 · closed on 31/12/2024

Net result

240 k €

-1.4% YoY

Gross margin

626,2 k €

-2.0% YoY

Equity

942,1 k €

+34.2% YoY

Workforce

4,7 ETP

-14.5% YoY

What does SQUARIS do?

SQUARIS is a Private company with limited liability incorporated in 1999. Its main activity is: Management consultancy activities. Its registered office is in Bruxelles. It employs on average 4,7 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0465.380.165

Incorporation

02/02/1999

Legal form

Private company with limited liability

Registered office

Rue des Deux Eglises 39
1000 Bruxelles · BruxellesSee on map

Contributed capital

18 600,00 €

Latest accounts

31/12/2024

Average workforce

4,7 ETP

Activities (NACE)

70200Management consultancy activities· main 70220Business and other management consultancy activities 74142Specialised design activities 73200Market research and public opinion polling 73200Market research and public opinion polling 74131Specialised design activities

Joint committees (2)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

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✦ Verdict · Analyst summary

Financials

Trend over 19 financial years

	2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	626,2 k €	-2.0%	638,8 k €	+36.0%	469,7 k €	+65.5%	283,9 k €	+2.9%	275,8 k €	-32.0%	405,7 k €	+40.6%	288,5 k €	+60.8%	179,4 k €	-11.6%	203 k €	+13892%	-1,5 k €	-102%	61,7 k €	+14.2%	54 k €	-64.1%	150,6 k €	+89.4%	79,5 k €	+34.2%	59,2 k €	-19.5%	73,6 k €	+325%	17,3 k €	-56.6%	39,9 k €	+907%	4 k €
EBITDA	365,9 k €	+0.6%	363,8 k €	+60.4%	226,8 k €	+483%	38,9 k €	-33.6%	58,6 k €	-73.0%	216,7 k €	+18.4%	183,1 k €	+67.3%	109,4 k €	-31.2%	159,1 k €	+431%	-48 k €	-1355%	-3,3 k €	-132%	10,2 k €	-78.0%	46,2 k €	-4.3%	48,3 k €	+117%	22,2 k €	-36.9%	35,2 k €	+158%	13,7 k €	-65.4%	39,4 k €	+965%	3,7 k €
Operating result	359,3 k €	-0.5%	361 k €	+63.6%	220,7 k €	+2984%	7,2 k €	-84.8%	47,1 k €	-77.1%	205,6 k €	+13.6%	180,9 k €	+74.0%	104 k €	-27.1%	142,7 k €	+308%	-68,8 k €	-112%	-32,5 k €	-72.5%	-18,8 k €	-238%	13,6 k €	-41.5%	23,3 k €	+819%	2,5 k €	-86.6%	18,8 k €	+275%	5 k €	-84.4%	32,1 k €	+969%	-3,7 k €
Net result	240 k €	-1.4%	243,4 k €	+61.4%	150,8 k €	+4016%	3,7 k €	-89.1%	33,5 k €	-75.8%	138,5 k €	+13.8%	121,8 k €	+101%	60,7 k €	-46.0%	112,4 k €	+937%	-13,4 k €	+56.2%	-30,7 k €	-40.8%	-21,8 k €	-1007%	2,4 k €	-87.6%	19,4 k €	+820%	2,1 k €	-88.6%	18,5 k €	+262%	5,1 k €	-84.5%	33 k €	+144%	-74,9 k €
Balance sheet
Equity	942,1 k €	+34.2%	702,1 k €	+31.9%	532,3 k €	+39.5%	381,5 k €	+1.0%	377,8 k €	+9.7%	344,3 k €	+59.6%	215,8 k €	+130%	94 k €	+182%	33,3 k €	+214%	-29,1 k €	-85.6%	-15,7 k €	-205%	15 k €	-59.3%	36,8 k €	+7.0%	34,4 k €	+37.7%	25 k €	+9.2%	22,8 k €	+432%	4,3 k €	+620%	-825,1 €	+97.6%	-33,8 k €
Total assets	1,6 M €	+21.7%	1,3 M €	+24.1%	1,1 M €	+40.9%	755,6 k €	-17.8%	919,3 k €	-6.1%	979,1 k €	+31.0%	747,1 k €	+41.1%	529,6 k €	-2.4%	542,7 k €	+25.5%	432,6 k €	+26.7%	341,5 k €	-15.3%	402,9 k €	+15.6%	348,5 k €	+43.7%	242,5 k €	+33.8%	181,2 k €	-29.3%	256,3 k €	+92.0%	133,5 k €	-20.1%	167 k €	+62.0%	103,1 k €
Cash	275,8 k €	+148%	111,3 k €	+5.5%	105,5 k €	-11.0%	118,6 k €	-6.5%	126,8 k €	-11.7%	143,6 k €	+149%	57,8 k €	-18.8%	71,1 k €	+79.6%	39,6 k €	+163%	15,1 k €	+58.9%	9,5 k €	-26.6%	12,9 k €	-64.1%	36 k €	+414%	7 k €	-70.5%	23,7 k €	-85.6%	164,5 k €	+156%	64,3 k €	-11.2%	72,4 k €	+15.1%	62,9 k €
Debts	613,3 k €	+8.2%	566,8 k €	+92.6%	294,3 k €	-4.0%	306,5 k €	-30.2%	439,2 k €	-23.0%	570,7 k €	+30.0%	439 k €	+13.9%	385,6 k €	-24.3%	509,4 k €	+10.9%	459,4 k €	+31.0%	350,7 k €	-7.3%	378,5 k €	+23.1%	307,3 k €	+56.7%	196,2 k €	+172%	72,1 k €	-69.1%	233,4 k €	+80.7%	129,2 k €	-21.1%	163,8 k €	+19.7%	136,8 k €
Other
Workforce	4,7 ETP	-14.5%	5,5 ETP		–		–		–		–		–		–		–		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	+400%	0,2 ETP		–		–

Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2024 · 1 active · 6 ended

Active mandates

Marie Christine Bonnamour

Director

Active

Ended mandates

Thierry Granturco

Manager · since 01 janvier 2012 · until 14 janvier 2015

Ended

Marie Christine Bonamour

Manager · since 26 janvier 1999

Ended

Annie Lalé

Manager

Ended

Marie Christine Bonnamour

Manager

Ended

At this address

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Annual accounts

Full financial information

	2024	2023	2022	2021	2020	2019
Type of account	Abridged model	Abridged model	Micro model	Micro model	Micro model	Micro model
Start of the financial year	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020	01/01/2019
Closing of the financial year	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020	31/12/2019
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	05/09/2025	31/12/2024	20/12/2023	31/08/2022	31/08/2021	14/10/2020
General meeting	05/09/2025	07/10/2024	30/09/2023	29/08/2022	30/06/2021	14/10/2020
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

19 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2024	05/09/2025	05/09/2025	French	PDF
Abridged model	31/12/2023	07/10/2024	31/12/2024	French	PDF
Micro model	31/12/2022	30/09/2023	20/12/2023	French	PDF
Micro model	31/12/2021	29/08/2022	31/08/2022	French	PDF
Micro model	31/12/2020	30/06/2021	31/08/2021	French	PDF
Micro model	31/12/2019	14/10/2020	14/10/2020	French	PDF
Micro model	31/12/2018	21/06/2019	26/06/2019	French	PDF
Micro model	31/12/2017	30/06/2018	31/08/2018	French	PDF
Micro model	31/12/2016	20/09/2017	26/09/2017	French	PDF
Abridged model	31/12/2015	22/08/2016	29/08/2016	French	PDF
Abridged model	31/12/2014	21/12/2015	30/12/2015	French	PDF
Abridged model	31/12/2013	29/08/2014	26/09/2014	French	PDF
Abridged model	31/12/2012	30/09/2013	08/10/2013	French	PDF
Abridged model	31/12/2011	31/03/2012	01/08/2012	French	PDF
Abridged model	31/12/2010	31/03/2011	25/08/2011	French	PDF
Abridged model	31/12/2009	31/03/2010	09/08/2010	French	PDF
Abridged model	31/12/2008	31/03/2009	27/08/2009	French	PDF
Abridged model	31/12/2007	31/03/2008	18/07/2008	French	PDF
Abridged model	31/12/2006	31/03/2007	30/10/2007	French	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 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.

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 31/12/2024 · 1 active · 6 ended

Active mandates

Marie Christine Bonnamour

Director

Active

Ended mandates

Thierry Granturco

Manager · since 01 janvier 2012 · until 14 janvier 2015

Ended

Marie Christine Bonamour

Manager · since 26 janvier 1999

Ended

Annie Lalé

Manager

Ended

Marie Christine Bonnamour

Manager

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Capital / shares28/11/2016
CAPITAL, ACTIONS
PDF
Mandates08/10/2015
DEMISSIONS, NOMINATIONS
PDF
Mandates29/05/2013
DEMISSIONS, NOMINATIONS
PDF
Registered office08/12/2011
SIEGE SOCIAL
PDF
Mandates22/08/2008
DEMISSIONS, NOMINATIONS
PDF
Mandates01/07/2008
DEMISSIONS, NOMINATIONS
PDF
Capital / shares19/10/2007
CAPITAL, ACTIONS
PDF
Registered office01/10/2004
SIEGE SOCIAL
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

2024
Annual accounts 2024240 k €↓
2023
Annual accounts 2023243,4 k €↑
2022
Annual accounts 2022150,8 k €↑
2021
Annual accounts 20213,7 k €↓
2020
Annual accounts 202033,5 k €↓
2019
Annual accounts 2019138,5 k €↑
2018
Annual accounts 2018121,8 k €↑
2017
Annual accounts 201760,7 k €↓
2016
Annual accounts 2016112,4 k €↑
2015
Annual accounts 2015-13,4 k €↑
2014
Annual accounts 2014-30,7 k €↓
2013
Annual accounts 2013-21,8 k €↓
2012
Annual accounts 20122,4 k €↓
2011
Annual accounts 201119,4 k €↑
2010
Annual accounts 20102,1 k €↓
2009
Annual accounts 200918,5 k €↑
2008
Annual accounts 20085,1 k €↓
2007
Annual accounts 200733 k €↑
2006
Annual accounts 2006-74,9 k €
02/02/1999
IncorporationPrivate company with limited liability

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

SQUARIS

Overview

What does SQUARIS 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