ACTIVE

SQUALE SOFTWARE

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Financial year 2025 · closed on 31/12/2025
Net result
50,9 k €
-24.2% YoY
Gross margin
95,2 k €
-20.2% YoY
Equity
330,6 k €
+9.8% YoY

What does SQUALE SOFTWARE do?

SQUALE SOFTWARE is a Private company with limited liability incorporated in 2009. Its main activity is: Computer consultancy activities. Its registered office is in Bruxelles.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0809.084.819
Incorporation
14/01/2009
Legal form
Private company with limited liability
Registered office
Boulevard de Dixmude 4A box 11
1000 Bruxelles · BruxellesSee on map
Contributed capital
18 600,00 €
Latest accounts
31/12/2025
Activities (NACE)
62020Computer consultancy activities· main62200Computer programming, consultancy and related activities47400Retail sale of information and communication equipment in specialised stores47410Retail sale of computers, peripheral units and software in specialised stores
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 17 financial years

20252024202320222021202020192018201720162015201420132012201120102009
Income statement
Gross margin95,2 k €119,3 k €102,7 k €96,9 k €69,1 k €99,9 k €94,8 k €87,9 k €85,3 k €81,6 k €88,3 k €69,7 k €84,1 k €81,1 k €75,7 k €67,7 k €74,4 k €
EBITDA91,3 k €115,8 k €100,1 k €94,5 k €66,9 k €97,7 k €92,7 k €80,9 k €83,5 k €79,8 k €86,6 k €68,0 k €83,8 k €80,2 k €74,8 k €66,8 k €73,6 k €
Operating result79,0 k €103,9 k €88,3 k €75,2 k €47,9 k €78,9 k €74,0 k €61,5 k €68,4 k €66,3 k €73,7 k €54,0 k €70,3 k €78,6 k €73,3 k €66,0 k €73,0 k €
Net result50,9 k €67,1 k €55,8 k €44,6 k €26,5 k €47,6 k €39,5 k €32,4 k €34,4 k €32,8 k €36,4 k €26,8 k €38,7 k €46,1 k €47,8 k €42,7 k €46,6 k €
Balance sheet
Equity330,6 k €301,1 k €234,0 k €210,2 k €199,6 k €205,1 k €193,5 k €159,6 k €158,8 k €157,8 k €156,6 k €155,6 k €149,4 k €133,9 k €111,0 k €72,5 k €47,5 k €
Total assets397,9 k €429,5 k €421,3 k €446,5 k €407,0 k €404,6 k €398,8 k €399,3 k €390,7 k €394,1 k €408,3 k €423,7 k €436,9 k €399,2 k €130,5 k €98,7 k €73,7 k €
Cash127,3 k €151,9 k €117,3 k €135,2 k €83,7 k €97,1 k €74,5 k €58,2 k €59,9 k €35,3 k €57,4 k €43,6 k €50,4 k €56,8 k €103,5 k €82,2 k €60,4 k €
Debts67,2 k €128,2 k €187,1 k €235,2 k €207,0 k €197,0 k €202,7 k €238,7 k €231,9 k €235,6 k €250,9 k €267,4 k €287,5 k €265,3 k €19,5 k €26,2 k €26,1 k €
Estimate

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 2 ended

Active mandates

Pascal MAQUINAY

Director

Active

Ended mandates

Pascal MAQUINAY

Manager · since 09 janvier 2009

Ended
Pascal MAQUINAY

Manager

Ended
Annual accounts

Full financial information

202520242023202220212020
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date31/07/202631/08/202526/08/202429/06/202331/08/202205/07/2021
General meeting31/07/202630/08/202525/08/202424/06/202330/06/202205/06/2021
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

17 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202531/07/202631/07/2026FrenchPDF
Micro model31/12/202430/08/202531/08/2025FrenchPDF
Micro model31/12/202325/08/202426/08/2024FrenchPDF
Micro model31/12/202224/06/202329/06/2023FrenchPDF
Micro model31/12/202130/06/202231/08/2022FrenchPDF
Micro model31/12/202005/06/202105/07/2021FrenchPDF
Micro model31/12/201918/05/202023/05/2020FrenchPDF
Micro model31/12/201829/06/201928/07/2019FrenchPDF
Micro model31/12/201719/05/201818/06/2018FrenchPDF
Micro model31/12/201620/05/201704/07/2017FrenchPDF
Abridged model31/12/201524/06/201608/07/2016FrenchPDF
Abridged model31/12/201410/04/201512/05/2015FrenchPDF
Abridged model31/12/201317/05/201414/08/2014FrenchPDF
Abridged model31/12/201225/05/201325/06/2013FrenchPDF
Abridged model31/12/201119/05/201218/06/2012FrenchPDF
Abridged model31/12/201021/05/201107/06/2011FrenchPDF
Abridged model31/12/200915/05/201017/06/2010FrenchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 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 31/12/2025 · 1 active · 2 ended

Active mandates

Pascal MAQUINAY

Director

Active

Ended mandates

Pascal MAQUINAY

Manager · since 09 janvier 2009

Ended
Pascal MAQUINAY

Manager

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Registered office10/01/2014
    SIEGE SOCIAL
    PDF
  • Other23/01/2009
    RUBRIQUE CONSTITUTION (NOUVELLE PERSONNE MORALE, OUVERTURE SUCCURSALE, ETC...)
    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 202550,9 k €↓
  2. 2024
    Annual accounts 202467,1 k €↑
  3. 2023
    Annual accounts 202355,8 k €↑
  4. 2022
    Annual accounts 202244,6 k €↑
  5. 2021
    Annual accounts 202126,5 k €↓
  6. 2020
    Annual accounts 202047,6 k €↑
  7. 2019
    Annual accounts 201939,5 k €↑
  8. 2018
    Annual accounts 201832,4 k €↓
  9. 2017
    Annual accounts 201734,4 k €↑
  10. 2016
    Annual accounts 201632,8 k €↓
  11. 2015
    Annual accounts 201536,4 k €↑
  12. 2014
    Annual accounts 201426,8 k €↓
  13. 2013
    Annual accounts 201338,7 k €↓
  14. 2012
    Annual accounts 201246,1 k €↓
  15. 2011
    Annual accounts 201147,8 k €↑
  16. 2010
    Annual accounts 201042,7 k €↓
  17. 2009
    Annual accounts 200946,6 k €
  18. 14/01/2009
    IncorporationPrivate company with limited liability