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BUBBLE

Active Private limited companyfounded 2000active for 26 yearsElzendreef 12, 2970 SchildeKBO/BCE: BE 0471.350.219

Overview

Lifetime

20 annual accounts with figures on one time axis, 26 filings since 2000
peak €32,588 (2007)
€10,768▲ 7.9%
lowest -€26,509 (2012)
€5,682▲ 85.3%
peak €136,238 (2007)
€29,219▲ 24.1%
€21,067▲ 13.2%
Board1 name since 2021
1 director
Documentsfilings and deeds
07-08-20267 days late
2025micro format
Result from €3,066 to €5,682Equity from €23,537 to €29,219

Key points

from the 2025 annual accounts

Equity

€29,219 from €136,238 in 2007

Equity fell by 79% in 18 years.

Turnover

≈ €82,000 estimated

The micro format states no turnover.

Filings

26 annual accounts since 2000
AprilJune31 JulyOctober200020102020

Two of the last ten came late. The 2023 accounts came latest: 26 days after the end of the period.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 31,386 companies had the same profile as BUBBLE has now. Each dot stands for 79 companies, two years later.

93.4%
were still trading
6.0%
stopped another way
0.5%
went bankrupt
  • Micro
  • 20 years or older
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more

Another 0.1% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 2.9% 3.1%
10 5.6% 6.1%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 31,386 companies, not a prediction for BUBBLE. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Board and ownership

Manager
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0471350219
1 manager appointed, 1 resignation, 1 director reappointed Appointment: (statutory manager) · Resignation: (statutory manager) · Reappointment: (statutory director) · Gazette deed
First establishment BUBBLE / King Emperor, Elzendreef 12, Schilde
Incorporation published on 15-03-2000 · Gazette deed
All 36 events

Comparable companies

same main activity, similar in size and age
Company
BUBBLE Schilde €50,287 €10,768 58.1% -
HUMANS TECHNOLOGY Fléron €61,177 €8,608 -33.9% -
3DG-PROJECT Bree €73,550 €13,848 -17.6% -
NEXTPRINT SOLUTIONS SA Watermael-Boitsfort €47,584 €6,079 84.5% -
ISIDO Kortrijk €86,159 €16,341 90.7% -
ARSEN K Evere €59,681 €18,744 52.9% -
BOUGRIA Molenbeek-Saint-Jean €38,731 €19,512 -3.0% -

These companies have the same main activity as BUBBLE: wired, wireless and satellite telecommunications (NACE 61100). They are comparable in size and age: total assets between €38,700 and €86,200, founded between 2002 and 2006.

Official details

Source: KBO
Status
Active since 06-03-2000Normal situation
Activity
Wired, wireless and satellite telecommunicationsNACE 61100
Establishment unit
2.100.685.5472970 Schilde, since 03-04-2000
Financial year end
31 December
Peppol
Reachable since 29-07-2024
Company details

Annual accounts 2025

€10,768▲ 7.9%
€5,682▲ 85.3%
€29,219▲ 24.1%
€50,287▲ 19.3%
Filing
Filed on 07-08-2026
Financials

Insights on BUBBLE

BUBBLE files the micro format. That format states no turnover. The gross margin fell from €28,991 in 2006 to €10,768 in 2025.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette.

Financials

Annual accounts 2025

micro format, filed on 07-08-2026, 7 days late
€10,768
▲ 7.9%
€5,884
▲ 81.4%
€5,682
▲ 85.3%
€23,065
▲ 50.3%
58.1%
▲ 2.3 percentage points
2.09
▲ 0.27

Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.

Turnover ≈ €82,000. Estimated: probably between €37,000 and €200,000.

Balance sheet

balance sheet total €50,287 on 31-12-2025
What the company ownsHow it is paid for

in euro

in euro

Position in the sector

58.1%

Higher than 64% of 367 companies in 2025.

2.09

Higher than 61% of 353 companies in 2025.

11.3%

Higher than 58% of 357 companies in 2025.

BUBBLE Middle half of the sector 80% of the sector Micro accounts in telecommunications (NACE 61)

Net result: middle half · Equity: middle half · Balance sheet total: middle half · Working capital: middle half

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend20252024202320222021202020192018201720162015201420132012201120102009200820072006
Balance sheet: assets
20/58 50,28742,14539,02728,30430,30825,15810,28414,54631,05529,59527,94632,11041,74151,34280,23183,253109,680127,169171,575167,320
21/28 6,1548,18810,3949,9722,4443,3604004,1777,95312,17117,0343,6917,16111,05837,41537,61038,20149,31939,47511,350
21 ------------426-------
22/27 6,1548,18810,3949,9722,4443,360-3,7777,55411,77116,6343,2916,33510,65837,01537,21037,80236,20935,0759,153
22 ---------6611,1561,6512,2112,88427,36028,43630,58932,74230,3964,473
23 5,4857,13310,3949,9162,2092,945-100199796501,2853,3256,4387,5687,0366,1213,4133,4621,567
24 6691,055-56236416-3,6777,35411,03114,8283557991,3362,0871,7381,091541,2173,113
28 ------40040040040040040040040040040040013,1104,4002,197
29/58 44,13233,95628,63318,33227,86321,7989,88410,36923,10117,42310,91228,41934,58140,28442,81645,64371,47877,850132,100155,970
40/41 9,5712,0764,5845,845-6932,6413,0465,0882,8454,3714,2145,3356,63913,1852,1529,43715,88119,12948,237
40 8,1381,4553,1554,301-6936551,2203,8141,5711,6112,9404,0614,26410,0506968,1208,34713,61741,752
41 1,4346211,4291,544--1,9861,8261,2741,2742,7601,2741,2742,3763,1351,4561,3177,5345,5126,485
54/58 33,66331,88124,04912,48727,86321,1055,8025,68716,18613,5015,49022,14228,83633,32129,21741,19160,33261,969112,971107,733
490/1 898-----1,4411,6361,8271,0771,0512,0624103234142,3001,709---
Balance sheet: equity and liabilities
10/49 50,28742,14539,02728,30430,30825,15810,28414,54631,05529,59527,94632,11041,74151,34280,23183,253109,680127,169171,575167,320
10/15 29,21923,53720,47217,23011,87613,0419,58914,18429,54127,93626,56131,34339,55042,87669,38573,80196,301112,879136,238114,264
10/11 22,00022,00022,00020,00020,00020,00020,00020,00020,00020,00020,00020,00020,00020,00020,00020,00020,00020,00020,00020,000
100 ------20,00020,00020,00020,00020,00020,00020,00020,00020,00020,00020,00020,00020,00020,000
13 74,57974,57974,57976,57976,57976,57976,57976,57976,57976,57976,57976,57976,57976,57976,57976,57976,57976,57976,57965,592
130/1 ---2,0002,0002,000--------------
130 ------2,0002,0002,0002,0002,0002,0002,0002,0002,0002,0002,0002,0002,0002,000
1311 ---2,0002,0002,000--------------
132 29,02829,02829,02829,02829,02829,02829,02829,02829,02829,02829,02829,02829,02829,02829,02829,02829,02829,02829,02818,041
133 45,55145,55145,55145,55145,55145,55145,55145,55145,55145,55145,55145,55145,55145,55145,55145,55145,55145,55145,55145,551
14 -67,359-73,041-76,107-79,348-84,703-83,537-86,990-82,394-67,037-68,643-70,017-65,235-57,029-53,703-27,194-22,777-27716,30039,65928,672
17/49 21,06718,60718,55511,07318,43212,1176953621,5131,6591,3847662,1918,46610,8469,45213,37814,29035,33753,056
42/48 21,06718,60718,55511,07318,43212,1176953621,5131,6591,3847662,1918,46610,8459,45013,37614,29025,94250,898
44 1,6412,2676182,5572,521121531-211---5087,0756,5867445592,97812,34228,014
440/4 1,6412,2676182,5572,521121531-211---5087,0756,5867445592,97812,34228,014
46 3,600--1,222----------------
45 7,0005,0007,20012012,2376,2341643626011,0394812418652-912-1111,39020,674
450/3 1,500-1,2001202371,4341643626011,0394812418652-912-113909,674
454/9 5,5005,0006,000-12,0004,800------------11,00011,000
47/48 8,82611,34010,7377,1753,6745,762--7026201,3376421,4971,3394,2597,79312,81711,3012,2102,210
492/3 -----------0-0023-9,3952,158
Income statement
76A 860-537---160------241--11,5851,5545,636
9900 10,7689,9758,6609,2302164,757-372-8,8906,8536,7101,187-2,9451,6173,723-941-15,9861151,46732,58828,991
630 4,5256,4384,9193,3269168603,7773,7773,8564,8635,0423,4704,2934,2242,7626,3965,1994,7974,2684,258
631/4 -------1,896---605--------
640/8 3592313283032992972927081,3034528711,5428598971,1417858995191,282370
66A -63-----------25,578--11,436350408454
9901 5,8843,2433,4125,601-9993,600-4,440-15,2711,6941,395-4,725-8,562-3,535-1,398-4,844-23,167-5,983-3,84927,03824,363
75/76B 4022170-145568384923434165869251,2271,7011,9691,316
75 4022170-145568384923434165869251,2271,7011,9691,316
65/66B 242676012446324343383541848113915825838621,98090106
65 107676012446324343383541848113915825838621,98090106
66B 135-------------------
9903 5,6823,1983,3695,477-1,0463,570-4,479-15,3091,6601,428-4,729-8,153-3,273-26,457-4,416-22,500-16,577-22,89330,06330,755
67/77 -13212812312011711748545454535353---4665,4893,202
9904 5,6823,0663,2415,354-1,1653,453-4,596-15,3571,6061,374-4,782-8,207-3,325-26,509-4,416-22,500-16,577-23,35924,57427,553
689 ------------------10,9875,210
9905 5,6823,0663,2415,354-1,1653,453-4,596-15,3571,6061,374-4,782-8,207-3,325-26,509-4,416-22,500-16,577-23,35913,58722,343
Appropriation of the result
9906 -67,359-73,041-76,107-79,348-84,703-83,537-86,990-82,394-67,037-68,643-70,017-65,235-57,029-53,703-27,194-22,777-27716,30042,25931,272
14P -73,041-76,107-79,348-84,703-83,537---------------
691/2 -------------------0
694/7 ------------------2,6002,600
694 ------------------2,6002,600
Document PDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDF

The accounts for 6 older financial years (2000-2005) were filed as documents without figures as data, scans for example.

The notes to these accounts have 9 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Source: Annual accounts 2025 at the NBB, filed on 07-08-2026.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank

2025 annual accounts filed 7 days after the deadline. Filed on 7 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00387624.

Financial year Type Filed Reference Document
31-12-2025 micro format 07-08-2026 2026-00387624 PDF
31-12-2024 micro format 30-06-2025 2025-00197017 PDF
31-12-2023 micro format 26-08-2024 2024-00367538 PDF
31-12-2022 micro format 27-07-2023 2023-00275724 PDF
31-12-2021 micro format 05-07-2022 2022-20132728 PDF
31-12-2020 micro format 30-07-2021 2021-42600231 PDF
31-12-2019 micro format 29-07-2020 2020-35300065 PDF
31-12-2018 micro format 02-07-2019 2019-27700181 PDF
31-12-2017 micro format 10-07-2018 2018-31700287 PDF
31-12-2016 micro format 10-07-2017 2017-30400101 PDF
31-12-2015 abbreviated format 04-07-2016 2016-27400503 PDF
31-12-2014 abbreviated format 30-07-2015 2015-36700343 PDF
31-12-2013 abbreviated format 22-07-2014 2014-33500313 PDF
31-12-2012 abbreviated format 23-07-2013 2013-33900130 PDF
31-12-2011 abbreviated format 26-07-2012 2012-35100082 PDF
31-12-2010 abbreviated format 20-07-2011 2011-32000596 PDF
31-12-2009 abbreviated format 20-07-2010 2010-32500302 PDF
31-12-2008 abbreviated format 03-09-2009 2009-74600250 PDF
31-12-2007 abbreviated format 27-08-2008 2008-64400397 PDF
31-12-2006 abbreviated format 26-07-2007 2007-49200162 PDF
31-12-2005 abbreviated format 20-07-2006 2006-51004703 PDF
31-12-2004 abbreviated format 26-07-2005 2005-56202457 PDF
31-12-2003 abbreviated format 20-07-2004 2004-48505100 PDF
31-12-2002 abbreviated format 23-07-2003 2003-48801152 PDF
31-12-2001 abbreviated format 04-03-2004 2004-05700294 PDF
31-12-2000 abbreviated format 17-10-2001 2001-65001610 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend20252024202320222021202020192018201720162015201420132012201120102009200820072006
10,4099,6828,3318,927-834,460-664-11,4945,5506,258317-5,0927582,826-2,082-16,771-78494831,30628,621
10,2079,5048,1608,680-2494,312-819-11,5805,4626,237260-4,737967-22,286-1,654-16,104-11,378-18,56228,84231,811
2,4914,2335,34110,8530539-00299018,38503964,4692,5676,1896,79136,51734,314582
1,7827,83211,562-15,3766,75815,303115-10,4992,6868,011-16,653-6,694-4,4854,105-11,974-19,142-1,637-51,0025,238-
23,06515,34910,0787,2599,4329,6819,18910,00821,58815,7649,52727,65332,38931,81831,97036,19358,10263,560106,158105,072
58.1%55.8%52.5%60.9%39.2%51.8%93.2%97.5%95.1%94.4%95.0%97.6%94.8%83.5%86.5%88.6%87.8%88.8%79.4%68.3%
2.091.821.541.661.511.8014.2128.6815.2710.507.8837.1015.784.763.954.835.345.455.093.06
0.720.790.910.641.550.930.070.030.050.060.050.020.060.200.160.130.140.130.260.46
19.4%13.0%15.8%31.1%-9.8%26.5%-47.9%-108.3%5.4%4.9%-18.0%-26.2%-8.4%-61.8%-6.4%-30.5%-17.2%-20.7%18.0%24.1%
11.3%7.3%8.3%18.9%-3.8%13.7%-44.7%-105.6%5.2%4.6%-17.1%-25.6%-8.0%-51.6%-5.5%-27.0%-15.1%-18.4%14.3%16.5%
97.22over 100over 10072.11-1.80---------------

A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.

Investments

fixed assets acquired
Item20252024202320222021
Tangible fixed assets€2,491€4,233€5,341€10,853-
€4,525€6,438€4,919€3,326€916

Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)

Insights on BUBBLE

The operating result for 2025 is 81% higher than in 2024 and the highest since 2007. It is a recovery after the fall in 2024.

Debt's share of the balance-sheet total falls from 44.2% to 41.9%. Equity and debt are higher.

Board & ownership

Board

1 director, last change in 2023
Statutory manager
appointed by deed of 25-07-2023
listed in the 2025 annual accounts, filed on 07-08-2026
Signing authorityThe articles say who may bind the company, for example by signing a contract.
Each director alone
deed of 25-07-2023

Office holders in the KBO →

Mandates through the years

1 name, the dashed line is today

Statutory manager
Boardmandate already running before its first mention
Mandates as a list
    • Statutory manager, since before 31-12-2021

See the board, name and registered office on a given date →

Control

Capital

Contribution
€22,000
Source
2025 annual accounts

Articles of association

deed of 25-07-2023 (in Dutch)
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
Transfer restrictionThis rule says whether shareholders may sell their shares freely or need approval first.
“Voor de helft ten laste van overdrager en voor de helft ten laste van kopers naar evenredigheid bij meerdere kopers ook bij weigering…”

Network & group

No group

BUBBLE has no parent and no holdings in its annual accounts. is the only director. BUBBLE shares no director with another company.

Timeline

Timeline

36 events since 2000

Deadline for the 2026 accounts: 31-07-2027

2026
Annual accounts 2025 filed NBBmicro format · 7 days late
2025
Annual accounts 2024 filed PDFmicro format · 31 days before the deadline
2024
Annual accounts 2023 filed PDFmicro format · 26 days late
Registered in the Peppol Directory Reachable for e-invoices through 0208:0471350219
2023
Annual accounts 2022 filed PDFmicro format · 4 days before the deadline
1 manager appointed, 1 resignation, 1 director reappointedAppointment: (statutory manager) · Resignation: (statutory manager) · Reappointment: (statutory director)6 points ▸
  • Director appointment, (statutory manager)
  • Director resignation, (statutory manager)
  • Director reappointment, (statutory director)
  • Registered office clause, Elzendreef 12, 2970 Schilde
  • Purpose change, “Het verrichten van dienstverlening aan personen en bedrijven onder elke vorm en voor allerhande toepassingen inzake : communicatiestrategie in de meest ruime…” (deed in Dutch)
  • 800 shares
  • The deed holds 7 more points.

Open the deed in the Belgian Official Gazette

2022
Back to profit net €5,354 The net result is €5,354, after one loss-making year.
Annual accounts 2021 filed PDFmicro format · 26 days before the deadline
2021
Annual accounts 2020 filed PDFmicro format · 1 day before the deadline
2020
Back to profit net €3,453 The net result is €3,453, after 2 loss-making years.
Annual accounts 2019 filed PDFmicro format · 2 days before the deadline
2019
Annual accounts 2018 filed PDFmicro format · 29 days before the deadline
2018
Annual accounts 2017 filed PDFmicro format · 21 days before the deadline
2017
Annual accounts 2016 filed PDFmicro format · 21 days before the deadline
2016
Back to profit net €1,374 The net result is €1,374, after 8 loss-making years.
Annual accounts 2015 filed PDFabbreviated format · 27 days before the deadline
2015
Annual accounts 2014 filed PDFabbreviated format · 1 day before the deadline
2014
Liquidity more than doubled current ratio 37.10 The current ratio rises from 15.78 to 37.10. Short-term debt falls from €2,191 to €766.
Annual accounts 2013 filed PDFabbreviated format · 9 days before the deadline
2013
Liquidity more than triples current ratio 15.78 The current ratio rises from 4.76 to 15.78. Short-term debt falls from €8,466 to €2,191.
Annual accounts 2012 filed PDFabbreviated format · 8 days before the deadline
2012
Weakest financial year net -€26,509 The net result drops to -€26,509, the lowest from 2006 to 2025. It recovers the following year.
Annual accounts 2011 filed PDFabbreviated format · 5 days before the deadline
2011
Annual accounts 2010 filed PDFabbreviated format · 11 days before the deadline
2010
Annual accounts 2009 filed PDFabbreviated format · 11 days before the deadline
2009
Annual accounts 2008 filed PDFabbreviated format · 34 days late
2008
Annual accounts 2007 filed PDFabbreviated format · 27 days late
2007
Annual accounts 2006 filed PDFabbreviated format · 5 days before the deadline
2006
Annual accounts 2005 filed PDFabbreviated format
2005
Annual accounts 2004 filed PDFabbreviated format
2004
Annual accounts 2003 filed PDFabbreviated format
Annual accounts 2001 filed PDFabbreviated format
2003
Annual accounts 2002 filed PDFabbreviated format
2001
Annual accounts 2000 filed PDFabbreviated format
2000
First establishment BUBBLE / King Emperor, Elzendreef 12, Schilde
Incorporation published on 15-03-2000

Financial milestones sit on the financial year-end date, not the filing date.

Sources: Publications in the Belgian Official GazetteFilings with the National Bank

History

On 6 March 2000, BUBBLE was incorporated.1 Total assets went from €14,546 in 2018 to €50,287 in 2025.2

  1. 1KBO register
  2. 2National Bank, annual accounts 2018 and 2025

Company details

Identity

Enterprise number
0471.350.219
VAT number
BE 0471.350.219
Peppol ID
0208:0471350219
Legal form
Private limited company
Status
Active, normal situation
Founded
06-03-2000
Financial year
ends on 31 December
Peppol
Reachable since 29-07-2024Follow this company and you will hear the next morning if it leaves the Peppol register.
Name
BUBBLE in Dutch
Entity type
Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 25-07-2023 (in Dutch)

Activities

NACEBEL 2025
Codes under NACEBEL 2008
61200 Telecommunications main activity
Codes under NACEBEL 2003
64200 main activity
PurposeThe purpose describes the activities the company may carry out under its articles.
“Het verrichten van dienstverlening aan personen en bedrijven onder elke vorm en voor allerhande toepassingen inzake : communicatiestrategie…”
9 activities
  1. Het verrichten van dienstverlening aan personen en bedrijven onder elke vorm en voor allerhande toepassingen inzake : communicatiestrategie in de meest ruime zin van het woord en het bijdragen tot het verwezenlijken ervan; alsook publiciteit, grafische vormgeving en commerciële promotie in de meest ruime zin van het woord en het bijdragen tot het verwezenlijken ervan, ondermeer website-ontwikkeling; alsook het onderzoek naar, de ontwikkeling van, de vervaardiging van en de commercialisatie van producten en processen en de groothandel in handelsgoederen in de context van deze dienstverlening.
  2. Het verlenen van adviezen van financiële, technische, commerciële of administratieve aard in de ruimste zin;
  3. Het ontwikkelen, kopen, verkopen, in licentie nemen of geven van octrooien, know-how en aanverwante immateriële duurzame activa.
  4. Maken van geluidsopnames en uitgeverijen van muziekopnamen.
  5. Reclamebureaus.
  6. Uitgeverijen van boeken en tijdschriften; overige uitgeverijen.
  7. Gespecialiseerde designers.
  8. Fotografen.
  9. Creatieve activiteiten, kunst en amusement.
deed of 25-07-2023 (in Dutch)

Registered office and establishments

1 establishment
Establishment Since Unit number
BUBBLE / King Emperor registered office Elzendreef 12, 2970 Schilde 46500 Wholesale of information and communication equipment 03-04-2000 2.100.685.547

Buildings and parcels at the address

Ground area
2,519 m²
Buildings
237 m²
Volume, LiDAR
1,087 m³
Tallest building
20.0 m
Buildings to scale, each on its own parcel
237 m², 20.0 m 237 m², 20.0 m

Location

registered office establishment The establishment unit on the map

Parcels

Cadastral parcelArea Buildings Height / floors
11039A0184/00G0022,519 m² 1 · 237 m² 20.0 m · 1