ACTIVE

SQUARE 19

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Financial year 2025 · closed on 30/06/2025

Net result

221,4 k €

+48.4% YoY

Gross margin

708,8 k €

-9.3% YoY

Equity

8,5 M €

+2.7% YoY

What does SQUARE 19 do?

SQUARE 19 is a Private limited company incorporated in 2004. Its main activity is: Activities of holding companies. Its registered office is in Lanaken.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0863.138.563

Incorporation

30/01/2004

Legal form

Private limited company

Registered office

Industrieweg 1
3620 Lanaken · FlandreSee on map

Contributed capital

7 518 600,00 €

Latest accounts

30/06/2025

Activities (NACE)

64210Activities of holding companies· main 68203Rental and operating of own or leased real estate 68203Rental and operating of own or leased real estate

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

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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		2019		2017		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	708,8 k €	-9.3%	781,7 k €	-27.7%	1,1 M €	+107%	520,8 k €	-39.4%	859,8 k €	+57.5%	546 k €	-49.6%	1,1 M €	+98.8%	545,2 k €	-4.3%	569,9 k €	+19.8%	475,9 k €	-5.2%	502,2 k €	+13.6%	441,9 k €	+9.8%	402,6 k €	+16.1%	346,7 k €	+23.0%	281,9 k €	+51.9%	185,6 k €	+10.4%	168,2 k €	+25.8%	133,7 k €
EBITDA	707,9 k €	-8.9%	777,3 k €	-24.6%	1 M €	+137%	434,7 k €	-42.7%	758,8 k €	+42.2%	533,6 k €	+10.0%	485,3 k €	+0.4%	483,2 k €	+1.5%	476,2 k €	+13.3%	420,4 k €	-6.9%	451,6 k €	+14.8%	393,2 k €	+11.9%	351,2 k €	+16.3%	302 k €	+8.4%	278,6 k €	+71.1%	162,9 k €	+6.7%	152,6 k €	+29.7%	117,7 k €
Operating result	282,6 k €	-20.1%	353,5 k €	-42.5%	615,2 k €	+1047%	53,7 k €	-88.0%	447,8 k €	+137%	189,1 k €	+154%	-349,4 k €	-271%	204,3 k €	+3.0%	198,3 k €	+19.1%	166,5 k €	-15.8%	197,7 k €	+41.9%	139,3 k €	+23.2%	113,1 k €	+8.0%	104,8 k €	-20.2%	131,3 k €	+12.0%	117,2 k €	+27.9%	91,6 k €	+61.4%	56,7 k €
Net result	221,4 k €	+48.4%	149,2 k €	-61.0%	382,2 k €	+264%	-233,2 k €	-163%	367,9 k €	+187%	128,4 k €	+129%	-440,5 k €	-580%	91,7 k €	+44.1%	63,6 k €	+56.9%	40,6 k €	-28.5%	56,7 k €	+178%	20,4 k €	+180%	7,3 k €	+6.0%	6,9 k €	-82.7%	39,8 k €	-40.4%	66,7 k €	+74.5%	38,2 k €	+6156%	610,8 €
Balance sheet
Equity	8,5 M €	+2.7%	8,3 M €	+1.8%	8,1 M €	+4.9%	7,8 M €	-2.9%	8 M €	+4.8%	7,6 M €	+1.7%	7,5 M €	+1592%	443,5 k €	+66.6%	266,2 k €	+31.4%	202,6 k €	+25.0%	162 k €	+53.9%	105,3 k €	+24.1%	84,8 k €	+9.4%	77,5 k €	+9.7%	70,7 k €	+129%	30,9 k €	+186%	-35,8 k €	+51.6%	-74 k €
Total assets	9,5 M €	+0.2%	9,5 M €	+0.1%	9,4 M €	-4.7%	9,9 M €	+11.8%	8,9 M €	+4.9%	8,5 M €	-0.2%	8,5 M €	+281%	2,2 M €	-13.9%	2,6 M €	+5.0%	2,5 M €	-7.9%	2,7 M €	-8.2%	2,9 M €	-24.4%	3,8 M €	+60.5%	2,4 M €	+33.2%	1,8 M €	+34.5%	1,3 M €	+58.6%	842,8 k €	-3.4%	872,3 k €
Cash	20,3 k €	-84.9%	134,8 k €	+171%	49,7 k €	+16.2%	42,7 k €	-90.2%	435,3 k €	+88.2%	231,3 k €	+58.1%	146,3 k €	-61.5%	379,7 k €	+254%	107,4 k €	-14.3%	125,2 k €	+156%	48,9 k €	+108%	23,6 k €	-72.7%	86,1 k €	-59.8%	214 k €	+47.7%	144,8 k €	-70.9%	498,2 k €	+323%	117,9 k €	+205%	38,7 k €
Debts	950,9 k €	-17.8%	1,2 M €	-10.9%	1,3 M €	-39.7%	2,2 M €	+150%	860,9 k €	+4.9%	820,9 k €	-15.2%	968 k €	-41.6%	1,7 M €	-25.5%	2,2 M €	+1.4%	2,2 M €	-10.7%	2,5 M €	-10.7%	2,8 M €	-26.2%	3,7 M €	+63.3%	2,3 M €	+32.3%	1,7 M €	+32.3%	1,3 M €	+48.6%	878,6 k €	-5.3%	927,9 k €

Estimate

Indicative valuation

As an indication, this company is worth

between 2,5 M€ and 5 M€

See the valuation

Governance

Board of directors

Seen on filing of 30/06/2025 · 1 active · 3 ended

Active mandates

Hendrikus Wielheesen

Director · since 16 juillet 2020

Active

Ended mandates

Hendrikus Wielheesen

Director · since 30 janvier 2004

Ended

Hendrikus Wielheesen

Manager · since 30 janvier 2004

Ended

Hendrikus Wielheesen

Director

Ended

At this address

Other companies at this address

Company	CBE no.
GWEN DESIGN STUDIO● Active	0440.491.252

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	01/07/2024	01/07/2023	01/07/2022	01/07/2021	01/07/2020	01/07/2019
Closing of the financial year	30/06/2025	30/06/2024	30/06/2023	30/06/2022	30/06/2021	30/06/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	30/01/2026	14/02/2025	29/02/2024	09/02/2023	28/01/2022	06/02/2021
General meeting	18/12/2025	20/12/2024	15/12/2023	16/12/2022	28/01/2022	28/01/2021
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

19 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	30/06/2025	18/12/2025	30/01/2026	Dutch	PDF
Micro model	30/06/2024	20/12/2024	14/02/2025	Dutch	PDF
Micro model	30/06/2023	15/12/2023	29/02/2024	Dutch	PDF
Micro model	30/06/2022	16/12/2022	09/02/2023	Dutch	PDF
Micro model	30/06/2021	28/01/2022	28/01/2022	Dutch	PDF
Micro model	30/06/2020	28/01/2021	06/02/2021	Dutch	PDF
Micro model	30/06/2019	24/01/2020	31/01/2020	Dutch	PDF
Micro model	30/09/2017	27/04/2018	16/05/2018	Dutch	PDF
Abridged model	30/09/2016	17/03/2017	05/04/2017	Dutch	PDF
Abridged model	30/09/2015	18/03/2016	31/03/2016	Dutch	PDF
Abridged model	30/09/2014	20/03/2015	26/03/2015	Dutch	PDF
Abridged model	30/09/2013	21/03/2014	05/05/2014	Dutch	PDF
Abridged model	30/09/2012	15/03/2013	25/04/2013	Dutch	PDF
Abridged model	30/09/2011	16/03/2012	26/04/2012	Dutch	PDF
Abridged model	30/09/2010	18/03/2011	21/04/2011	Dutch	PDF
Abridged model	30/09/2009	19/03/2010	29/04/2010	Dutch	PDF
Abridged model	30/09/2008	20/03/2009	23/04/2009	Dutch	PDF
Abridged model	31/12/2007	20/06/2008	20/08/2008	Dutch	PDF
Abridged model	31/12/2006	15/06/2007	01/10/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 2,5 M€ and 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 30/06/2025 · 1 active · 3 ended

Active mandates

Hendrikus Wielheesen

Director · since 16 juillet 2020

Active

Ended mandates

Hendrikus Wielheesen

Director · since 30 janvier 2004

Ended

Hendrikus Wielheesen

Manager · since 30 janvier 2004

Ended

Hendrikus Wielheesen

Director

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates20/07/2020
WIJZIGING RECHTSVORM - DIVERSEN - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares02/05/2019
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - BENAMING - DOEL - KAPITAAL - AANDELEN - ALGEMENE VERGADERING - BOEKJAAR
PDF
Other24/09/2018
ALGEMENE VERGADERING - BOEKJAAR
PDF
Other13/10/2008
verlenging boekjaar - wijziging datum jaarvergadering - aanpassing
PDF
Other10/02/2004
RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
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 2025221,4 k €↑
2024
Annual accounts 2024149,2 k €↓
2023
Annual accounts 2023382,2 k €↑
2022
Annual accounts 2022-233,2 k €↓
2021
Annual accounts 2021367,9 k €↑
2020
Annual accounts 2020128,4 k €↑
2019
Annual accounts 2019-440,5 k €↓
2017
Annual accounts 201791,7 k €↑
2015
Annual accounts 201563,6 k €↑
2014
Annual accounts 201440,6 k €↓
2013
Annual accounts 201356,7 k €↑
2012
Annual accounts 201220,4 k €↑
2011
Annual accounts 20117,3 k €↑
2010
Annual accounts 20106,9 k €↓
2009
Annual accounts 200939,8 k €↓
2008
Annual accounts 200866,7 k €↑
2007
Annual accounts 200738,2 k €↑
2006
Annual accounts 2006610,8 €
30/01/2004
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 19

Overview

What does SQUARE 19 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