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SQUISH

Active
Private limited company (pre-2019)founded 201015 yrs activeChemin d' Hestroy(LU) 10, 5170 Profondeville, BelgiumKBO/BCE: BE 0830.073.639
Summary

The annual accounts of SQUISH for fiscal year 2025 show a net loss of 55% of total assets and of 89% of the equity at the start of that year. The 2025 annual accounts show equity of €2k and a net result of €-15k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 14% of 31791 sector peers (fiscal year 2025). The company has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.2% (very low).

Checked score

Score 2025
49 / 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0▼-5
Solvency32▼-3
Growth32▼-20
Track record100
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
No publishable credit limit; credit only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity short (current ratio 0.67 against 0.68 in 2024; short-term debt: 93.4% and cash: 55.5% of total assets), and 93.4% of the assets are financed with debt.
Credit check for your own amount and term

Signals

Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
6.6%
Return on assets
-55.4%
Age of the figures
9 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 15 years 0 20 y
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025
Net result per financial year
1819202122232425
2018 to 2025 · latest year €-15k
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 14% of 31791 sector peers (2025).
NBB · sector comparison
Position among 31791 sector peers
Solvency
better than 14%
← weakest strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 20-08-2026, 20 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filings
Deviation from the deadline
2025
20 d late
2024
22 d late
2023
22 d late
2022
29 d late
2021
31 d late
2020
6 d late
2019
66 d late
← before the deadline after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2025, micro schema

Equity
€2k▼ 89.3%
2024 · €17k
2018: €15k 2019: €13k 2020: €27k 2021: €48k 2022: €55k 2023: €54k 2024: €17k
2018 → 2025
Total assets
€27k▼ 83.1%
2024 · €160k
2018: €89k 2019: €63k 2020: €72k 2021: €106k 2022: €102k 2023: €159k 2024: €160k
2018 → 2025
Net result
€-15k▲ 59.3%
2024 · €-37k
2018: €867 2019: €-2k 2020: €15k 2021: €21k 2022: €17k 2023: €-2k 2024: €-37k
2018 → 2025
Working capital
€-8k▲ 71.0%
2024 · €-29k
2018: €10k 2019: €9k 2020: €6k 2021: €22k 2022: €31k 2023: €-7k 2024: €-29k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€48k-€55k▲ 13.8%€54k▼ 2.7%€17k▼ 68.7%€2k▼ 89.3%
Operating result€26k-€19k▼ 26.2%€2k▼ 91.3%€-32k€-11k▲ 66.7%
Net result€21k-€17k▼ 20.3%€-2k€-37k▼ 2,350%€-15k▲ 59.3%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-40k€-20k€0€20kOperating result 2021: €26k€26kNet result 2021: €21k€21kOperating result 2022: €19k€19kNet result 2022: €17k€17kOperating result 2023: €2k€2kNet result 2023: €-2k€-2kOperating result 2024: €-32k€-32kNet result 2024: €-37k€-37kOperating result 2025: €-11k€-11kNet result 2025: €-15k€-15k20212022202320242025€-40k€-30k€-20k€-10k€0Operating result 2023: €2k€1.7kNet result 2023: €-2k€-1.5kOperating result 2024: €-32k€-32kNet result 2024: €-37k€-37kOperating result 2025: €-11k€-11kNet result 2025: €-15k€-15k202320242025
The operating result stays negative: a loss of €11k in 2025 against €32k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €27k
Fixed assets €10k ▼ 89.7%
Current assets €17k ▼ 72.3%
Equity and liabilities €27k
Equity €2k ▼ 89.3%
Debt €25k ▼ 82.3%
Debt's share of the balance-sheet total rises from 89.5% to 93.4%. Equity and debt are lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€-2k▼
2024 · €3k
Cash flow
€-7k▼
2024 · €-2k
Current ratio
0.67▼
2024 · 0.68
Debt to equity
14.06▲
2024 · 8.53
ROE
-834.2%▼
2024 · -219.6%
ROA
-55.4%▼
2024 · -23.0%
Interest coverage
-0.57▼
2024 · 0.59
Debt ≤ 1 year
€25k▼
2024 · €90k
Income taxes
€365▲
2024 · €153
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 44 lines
Balance sheet Code20242025
Assets
Total assets20/58€160k€27k▼
Fixed assets21/28€99k€10k▼
Tangible fixed assets22/27€99k€10k▼
Plant, machinery and equipment23€11k€5k▼
Furniture and vehicles24€87k€6k▼
Current assets29/58€61k€17k▼
Amounts receivable within one year40/41€42k€1k▼
Trade receivables40€42k€666▼
Other amounts receivable41€182€432▲
Cash at bank and in hand54/58€14k€15k▲
Deferred charges and accrued income490/1€4k€753▼
Equity and liabilities
Total equity and liabilities10/49€160k€27k▼
Equity10/15€17k€2k▼
Contributions10/11€16k€16k=
Profit (loss) carried forward14€550€-14k▼
Amounts payable17/49€143k€25k▼
Amounts payable after more than one year17€53k-
Financial debts170/4€53k-
Amounts payable within one year42/48€90k€25k▼
Current portion of amounts payable after more than one year42€13k-
Financial debts43€30k-
Credit institutions430/8€30k-
Trade debts44€100€19k▲
Suppliers440/4€100€19k▲
Advances received on contracts in progress46€42k€1k▼
Taxes, remuneration and social security45€4k€5k▲
Taxes450/3€4k€5k▲
Other amounts payable47/48€452€568▲
Income statement Code20242025
Non-recurring operating income76A€3k€10k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€35k€8k▼
Other operating charges640/8€2k€3k▲
Non-recurring operating charges66A-€3k
Gross operating margin9900€5k€4k▼
Operating profit (loss)9901€-32k€-11k▲
Financial income75/76B-€40
Recurring financial income75-€40
Financial charges65/66B€5k€4k▼
Recurring financial charges65€5k€4k▼
Profit (loss) for the period before taxes9903€-37k€-15k▲
Income taxes67/77€153€365▲
Profit (loss) for the period9904€-37k€-15k▲
Profit (loss) for the period to be appropriated9905€-37k€-15k▲
Appropriation of the result
Profit (loss) to be appropriated9906€550€-14k▼
Profit (loss) brought forward from the previous period14P€37k€550▼

The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
20-08
NBB filing Annual accounts filed
fiscal year 2025 · micro schema · 20 days late
2025
22-08
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 22 days late
2024
31-12
Financial Weakest financial yearnet €-37k
Net result drops to €-37k, the lowest in the series; recovery starts the following year.
22-08
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 22 days late
2023
29-08
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 29 days late
2022
31-08
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
31-12
Financial Highest result since 2018net €21k ▲41.8%
Operating result €26k, net result €21k, both a record.
06-08
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 6 days late
2020
31-12
Financial Back to profitnet €15k
Net result €15k after one loss-making year.
05-10
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 66 days late
2019
30-08
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2018
26-09
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 57 days late
2017
30-08
NBB filing Annual accounts filed
fiscal year 2016 · micro schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
1 act for this company is in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Profondeville · 1 establishment unit since 2010
seat establishment The establishment unit on the map
Ground area
2,811 m²
Building footprint
93 m²
Volume, LiDAR
491 m³
Parcel 92079B0285/00K004, Wallonia · tallest building 6.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
SQUISH
Chemin d' Hestroy(LU) 10, 5170 ProfondevilleAgents in non-specialised wholesale trade
since 20102.199.388.490
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
92079B0285/00K004 Wallonia 2,811 m² 1 · 93 m² 6.9 m · 2 fl.
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Similar companies · same sector, comparable size

Of 82,553 companies in sector 70200 we hold annual accounts for 52,585. 7,312 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company (pre-2019)
Founded08-10-2010
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
82300Organisation of conventions and trade shows
Sources
Crossroads Bank for EnterprisesNational Bank · 15 filingsAddress and cadastre registers

Scores and ratios are computed by Checked and are not a credit decision.