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byNubian

Active Private limited companyfounded 2015active for 11 yearsElyzeese Velden 6, 9000 GhentKBO/BCE: BE 0597.941.454
byNubian
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Overview

Lifetime

11 annual accounts with figures on one time axis
peak €1.8m (2020)
€352,652▲ 5.8%
lowest -€1.3m (2021)
-€60,476▼ €58,004
peak €2.2m (2020)
€363,244▼ 14.3%
€304,214▼ 23.1%
peak 4.2 FTE (2021)
2 FTEunchanged
Board4 names since 2015
3 directorsLaurent Marlein and 2 others
Documentsfilings and deeds
28-09-202633 days before the deadline
2026abbreviated format
Loss of €60,476Equity from €423,720 to €363,244Debts from €395,684 to €304,214Cash from €12,053 to €0

Key points

from the 2026 annual accounts

Equity

€363,244 from €2.2m in 2020

Equity fell by 83% in 6 years.

Result

-€60,476 ▼ 2,346%
-€2,4702025-€60,5002026

The result fell in 2026 from -€2,472 to -€60,476.

Turnover

≈ €540,000 estimated

The accounts state no turnover.

Filings

11 annual accounts since 2016
deadline20202025

Seven of the last ten came late. The 2023 accounts came latest: 140 days after the end of the period.

Position in the sector

-€60,476

Lower net result than 95% of companies in head offices and management consultancy. Sector median €41,168 · 563 companies.

Public support

€2.4m awarded from 2023 to 2024
20232024

Flemish support: Subsidie voor projecten internationale klimaatfinanciering (Vlaams klimaatfonds).

Checked score

62
Healthy
Financially stronger than 28% of micro companies in head offices and management consultancy (NACE 70)
Probability in this band: 0.55% to 1.5%
Bankruptcy probability within 12 months
1.5% Moderate
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.1% across 48,570 companies (NACE 70, micro).

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 7.0%highest value 01-2025: 0.6%▼ -6.4 percentage points vs 12-2024 02-2025: 0.6%● unchanged vs 01-2025 03-2025: 0.6%● unchanged vs 02-2025 04-2025: 0.6%● unchanged vs 03-2025 05-2025: 0.6%● unchanged vs 04-2025 06-2025: 0.6%● unchanged vs 05-2025 07-2025: 0.6%● unchanged vs 06-2025 08-2025: 0.6%● unchanged vs 07-2025 09-2025: 0.7%▲ +0.1 percentage points vs 08-2025 10-2025: 0.8%▲ +0.1 percentage points vs 09-2025 11-2025: 1.0%▲ +0.2 percentage points vs 10-2025 12-2025: 1.3%▲ +0.3 percentage points vs 11-2025 01-2026: 1.1%▼ -0.2 percentage points vs 12-2025 02-2026: 1.1%● unchanged vs 01-2026 03-2026: 0.6%▼ -0.5 percentage points vs 02-2026 04-2026: 0.6%● unchanged vs 03-2026 05-2026: 0.6%● unchanged vs 04-2026 06-2026: 0.6%● unchanged vs 05-2026 07-2026: 0.6%● unchanged vs 06-2026 08-2026: 0.5%▼ -0.1 percentage points vs 07-2026lowest value 09-2026: 0.6%▲ +0.1 percentage points vs 08-2026 10-2026: 1.5%▲ +0.9 percentage points vs 09-2026 11-2026: 1.5%● unchanged vs 10-2026

Financial strength
Average

79+2equity 54.4% of total assets
28-5short-term debt 45.6% · cash 0.0%
57-11return on assets -9.1%

Score breakdown

raises risk
Liquidity: current ratio 0.64, cash €0, halved
Loss of €60,476, the second in a row (financial year 2026)
1 of the last 3 accounts late
lowers risk
Sector: Activities of head offices; management consultancy activities (NACE 70)
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 70, micro). It does better than 50% of them on solvency, 12% on liquidity, 26% on profitability and 25% on growth.

The bankruptcy probability was computed on 08-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

The probability rests on the annual accounts with balance sheet date 31-03-2026.

Of the companies with a bankruptcy probability in the moderate class on 30-06-2025, 2.4% went bankrupt within twelve months.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

Comparable companies, two years later

In July 2024, 6,908 companies had the same profile as byNubian has now. Each dot stands for 18 companies, two years later.

90.9%
were still trading
7.8%
stopped another way
1.1%
went bankrupt
  • Micro
  • 10 to 20 years old
  • solvency 30% or more
  • a small loss

Another 0.2% stopped without a precise date, possibly only after those two years.

The bankruptcy probability of byNubian itself is higher: 1.5% within 12 months. It rests on far more data about byNubian than the profile alone.

Test of the method

The method was tested on the 497,447 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 3.0% 3.1%
10 5.6% 6.2%

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 6,908 companies, not a prediction for byNubian. 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 of up to €22,000 on 30-day terms is acceptable

Liquidity is insufficient, with a current ratio of 0.64 (0.91 in 2025), below 1. Short-term debt is 45.6% and cash 0% of total assets. 45.6% of the assets are financed with debt and provisions.

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

Six signals.
lowers riskraises riskneutral
raises risk · Liquidity: current ratio 0.64, cash €0, halved
NBB · annual accounts
raises risk · Loss of €60,476, the second in a row (financial year 2026)
NBB · annual accounts
raises risk · 1 of the last 3 accounts late
NBB · filings
lowers risk · Sector: Activities of head offices; management consultancy activities (NACE 70)
KBO
raises risk · Persistent losses
Two consecutive loss-making years (2025 and 2026); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2026
Net result per financial year
1920212223242526
2019 to 2026 · latest year -€60,476
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2026 was due by 31-10-2026 and was filed on 28-09-2026, 33 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2026
33 days early
2025
27 days late
2024
48 days late
2023
140 days late
2022
7 days late
2021
5 days late
2020
30 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 32 days after the deadline. In the sector (NACE 70), the median for financial year 2024 was 9 days before the deadline, and 32% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-03-2027 and is due by 31-10-2027. Nothing is late today. The company usually files around 27 November (4 of the last 5 accounts filed within 60 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
09-11-2026 today31-03-2027 year end31-10-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

SI
SOURCE INTERNATIONAL
Director, Vereecken Rik, since 01-02-2019
V
Vertex
Director, Montyne Frank, since 01-02-2019
LM
Laurent Marlein
Director, since 25-01-2024

Shares in 3 companies, including Yetu Smart Grids Ltd(Kenia) and RSM InterSustainability

Board & ownership

Recent changes

Registered office moved within Ghent New registered office: Elyzeese Velden 6, 9000 Gent · Previous registered office: Coupure 88, 9000 Gent · Resignations: LAMA & KIDS, SOURCE INTERNATIONAL and Vertex · General meeting of 25-01-2024 · Gazette deed
Registered in the Peppol Directory Reachable for e-invoices through 0208:0597941454
Registered office moved within Ghent New registered office: Coupure 88, 9000 GENT · Previous registered office: Coupure 64 D, 9000 GENT · Permanent representative: Mardein Laurent · General meeting of 26-10-2022 · Gazette deed
Incorporation published on 16-02-2015 · Gazette deed
All 23 events

Comparable companies

same main activity, similar in size and age
Company
byNubian Ghent €667,457 €352,652 54.4% 2
OPIS BELGIUM Brussels €630,008 €334,290 21.4% 2
Nouvelle Consultance Sécurité Prévention Mons €664,754 €424,556 23.7% 2.3
GREENGAMM Walhain €588,709 €291,637 31.3% 1.8
LDD Management Kapellen €581,425 €400,069 47.3% 2.3
MYSAVINGS Brussels €664,574 €393,236 77.0% 2.5
XCELLERATE Wingene €802,875 €394,501 44.4% 2.5

These companies have the same main activity as byNubian: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €581,000 and €803,000, founded between 2013 and 2015.

Official details

Source: KBO
Status
Active since 12-02-2015Normal situation
Activity
Business and other management consultancyNACE 70200and 1 other
Joint committee
200Auxiliary committee for white-collar workers · annual accounts 31-03-2026
Establishment unit
2.239.862.4349000 Ghent, since 12-02-2015
Financial year end
31 March
Peppol
Reachable since 31-10-2023
Company details

Annual accounts to 31-03-2026

€352,652▲ 5.8%
€60,476▲ 24×
€363,244▼ 14.3%
€667,457▼ 18.5%
Employeeson 31-03-2026
2=
Filing
Filed on 28-09-2026, 33 days before the end of the filing period
Financials

Companies linked to byNubian

Insights on byNubian

byNubian files the abbreviated format. That format states no turnover. The gross margin rose from -€1,921 in 2016 to €352,652 in 2026.

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

Financials

Annual accounts 2026

abbreviated format, filed on 28-09-2026, 33 days before the deadline
€352,652
▲ 5.8%
-€61,812
▼ €61,960
€95,124
▼ 13.6%
€96,460
▼ 10.2%
54.4%
▲ 2.7 percentage points
0.64
▼ 0.27

Money flows

no detail for 2026

Balance sheet

balance sheet total €667,457 on 31-03-2026
What the company ownsHow it is paid for

in euro

in euro

Position in the sector

Compare with sector

54.4%

Higher than 49% of 10,855 companies in 2025.

0.64

Higher than 34% of 10,477 companies in 2025.

-9.1%

Higher than 20% of 10,724 companies in 2025.

byNubian Middle half of the sector 80% of the sector Abbreviated accounts in head offices and management consultancy (NACE 70)

Staff

€115,940

Staff costs divided by the average number of full-time equivalents.

people who joined people who left

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend20262025202420232022202120202019201820172016
Balance sheet: assets
20/58 667,457819,403878,745753,552874,099960,5462.5m1.4m99,29282,85548,450
21/28 472,327514,263445,683440,19446,783342,873827,099465,8405,7507,9353,906
21 397,212438,064403,625396,8710288,088800,501448,648---
22/27 1,1352,2195781,8435,30313,30519,09817,1925,7507,9353,906
23 1,1352,219---------
24 -05781,8435,30313,30519,09817,1925,7507,9353,906
28 73,98073,98041,48041,48041,48041,4807,500----
29/58 195,130305,140433,062313,358827,317617,6731.6m951,89893,54274,92044,544
29 -062,500145,833-------
291 -062,500145,833-------
40/41 194,155289,497282,859156,507290,030108,283614,75095,44383,76221,9217,388
40 194,155226,997137,04660,6605876,120537,64113,09161,4202,1357,388
41 062,500145,81495,847289,97232,16377,10982,35222,34219,787-
54/58 012,05386,49711,017532,098500,9861.0m850,8679,26252,99937,156
490/1 9753,5901,206-5,1898,4048,4045,587518--
Balance sheet: equity and liabilities
10/49 667,457819,403878,745753,552874,099960,5462.5m1.4m99,29282,85548,450
10/15 363,244423,720426,192305,360439,334887,5422.2m1.1m69,38328,1016,081
10/11 18,60018,60018,60018,60018,60018,60018,60018,60018,60018,6009,000
100 ------18,60018,60018,60018,60018,600
101 ----------9,600
13 344,644405,120407,5922.1m2.1m2.1m2.1m1.1m40,860--
130/1 --01,8601,8601,860-----
130 ------1,8601,8601,860--
1311 --01,8601,8601,860-----
133 344,644405,120407,5922.1m2.1m2.1m2.1m1.1m39,000--
14 --0-1.8m-1.7m-1.3m--9,9239,501-2,919
17/49 304,214395,684452,553448,192434,76673,005315,469313,15729,90954,75442,369
17 061,573142,795223,027302,273------
170/4 061,573142,795223,027302,273------
42/48 304,214334,111309,758225,166132,49373,005315,469313,15729,90954,75442,369
42 61,57381,22280,23279,24678,288------
43 20,731-076,472-------
430/8 20,731-066,560-------
439 --09,911-------
44 61,26653,93763,59736,68713,97818,527243,924291,7375,40848,81431,287
440/4 61,26653,93763,59736,68713,97818,527243,924291,7375,40848,81431,287
45 34,18242,67128,26232,38439,19453,66655,59421,04124,1385,673182
450/3 4,42513,845---1,81913,366-3,900-182
454/9 29,75728,82628,26232,38439,19451,84642,22821,04120,2385,673-
47/48 126,461156,281137,6683761,03381215,95237936326710,900
Income statement
70 ----83,283501,6222.9m----
76A 1,351205--750,000------
9900 352,652333,254414,68482,89853,630-498,3621.8m1.4m162,825-488-1,921
60/61 ----779,653999,9841.0m----
62 231,880221,883209,567199,868257,821320,239268,357180,297135,9289,119-
630 156,936109,91080,7613,678296,091520,172521,477231,0512,1852,185631
640/8 6321,3131,6497,1801,1083481,680486475473348
66A 25,0170707--------
9901 -61,812148122,001-127,828-501,389-1.3m1.1m1.0m24,237-12,265-2,900
75/76B 3,7507,9175,0003,00866,00074,00592,01692,00124,78225,001-
75 3,7507,9175,0003,00866,00074,00592,01692,00124,78225,001-
65/66B 2,41410,5376,0069,15414,4631,4861,3143,38545431619
65 2,4143,0386,0069,15414,4631,4861,3143,38545431619
66B 07,499---------
9903 -60,476-2,472120,995-133,974-449,853-1.3m1.1m1.1m48,56512,420-2,919
67/77 -0163--1,645-77,36664,0287,283--
9904 -60,476-2,472120,832-133,974-448,208-1.3m1.1m1.0m41,28212,420-2,919
9905 -60,476-2,472120,832-133,974-448,208-1.3m1.1m1.0m41,28212,420-2,919
Appropriation of the result
9906 -60,476-2,472-1.7m-1.8m-1.7m-1.3m1.1m1.0m50,7839,501-2,919
14P -0-1.8m-1.7m-1.3m------
791/2 60,4762,4721.8m--------
691/2 -0120,832---1.0m1.0m40,860--
6920 --------1,860--
6921 -0120,832---1.0m1.0m39,000--
694/7 ------15,140----
696 ------15,140----
Social balance sheet
9087 2222.13.64.23.32.31.81.8-
Hours worked1013 3,4803,4503,3973,7196,3016,9625,6244,0673,133254-
Document PDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDF

The notes to these accounts have 22 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 2026 at the NBB, filed on 28-09-2026.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank
Financial year Type Filed Reference Document
31-03-2026 abbreviated format 28-09-2026 2026-00526470 PDF
31-03-2025 abbreviated format 27-11-2025 2025-00573609 PDF
31-03-2024 abbreviated format 18-12-2024 2024-00620468 PDF
31-03-2023 abbreviated format 19-03-2024 2024-00045308 PDF
31-03-2022 micro format 07-11-2022 2022-20517953 PDF
31-03-2021 micro format 05-11-2021 2021-76600283 PDF
31-03-2020 micro format 30-11-2020 2020-73900553 PDF
31-03-2019 micro format 31-12-2019 2019-77900072 PDF
31-03-2018 micro format 23-08-2018 2018-49500332 PDF
31-03-2017 micro format 22-09-2017 2017-61900276 PDF
31-03-2016 abbreviated format 04-07-2016 2016-27100507 PDF

Subsidies and aid

Flemish government 2023 to 2024, 2 entries, €2.4m awarded, €970,533 paid

Subsidie voor projecten internationale klimaatfinanciering (Vlaams klimaatfonds)
€2.4m
Year Entries AwardedPaid
2024 1 €0€1.0m
2023 1 €2.4m€0

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend20262025202420232022202120202019201820172016
95,124110,058202,762-124,150-205,299-818,9481.6m1.2m26,421-10,080-2,269
96,460107,438201,593-130,296-152,117-746,4301.6m1.3m43,46614,605-2,288
115,000185,99086,250397,089035,946882,736691,14106,2144,537
-12,053-74,44475,480-521,08031,112-518,373168,492841,606-43,73715,843-
-109,083-28,970123,30488,193694,824544,6681.3m638,74163,63320,1662,175
------36.6%----
54.4%51.7%48.5%40.5%50.3%92.4%87.2%77.9%69.9%33.9%12.6%
0.640.911.401.396.248.465.213.043.131.371.05
0.840.931.061.470.990.080.150.280.431.956.97
-16.6%-0.6%28.4%-43.9%-102.0%-142.7%49.4%93.7%59.5%44.2%-48.0%
-9.1%-0.3%13.8%-17.8%-51.3%-131.9%43.1%73.0%41.6%15.0%-6.0%
39.4136.2333.76-13.56-14.19------
----0 days55 days68 days----
----7 days7 days86 days----

EBIT margin. Not meaningful: turnover is only a small part of operating income.

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.

Social balance sheet

Item31-03-202631-03-202531-03-202431-03-202331-03-2022
Employees at the balance-sheet date22223
full-time22222
part-time000-1
in full-time equivalents22222.8
2222.13.6
On a permanent contract22223
Joined---22
Left---34

Source: social balance sheet in the 2022 to 2026 annual accounts

Securities and guarantees

on own assets and for others
Item31-03-202631-03-202531-03-202431-03-202331-03-2022
Debts secured on the company's own assets---€302,273-
Debts guaranteed by Belgian public bodies€61,573€142,795€223,027--
Pledge on other assets, amount secured-€250,000€250,000€250,000-
Carrying value of the other pledged assets€250,000€0€0--

Source: notes to the 2022 to 2026 annual accounts (statement of debts and off-balance-sheet rights and commitments)

Investments

fixed assets acquired
Item31-03-202631-03-202531-03-202431-03-202331-03-2022
Tangible fixed assets-€3,252---
Intangible fixed assets€115,000€142,738€86,250€397,089-
Financial fixed assets-€40,000---
€156,936€109,910€80,761€3,678€296,091

Source: notes to the 2022 to 2026 annual accounts (statement of fixed assets)

Insights on byNubian

The operating result for 2026 is a loss of €61,812, after a profit of €148 in 2025. It is the lowest result since 2023.

Debt's share of the balance-sheet total falls from 48.3% to 45.6%. Equity and debt are lower.

Large changes and their cause
  • 2023 Net result +70% on 2022. The accounts now follow the abbreviated format, last year the micro format.

Board & ownership

Board

3 directors, last change in 2024
SOURCE INTERNATIONAL
Director, permanent representative Vereecken Rik
since 01-02-2019 term without a fixed end
listed in the 2026 annual accounts, filed on 28-09-2026
Vertex
Director, permanent representative Montyne Frank
since 01-02-2019 term without a fixed end
listed in the 2026 annual accounts, filed on 28-09-2026
Laurent Marlein BV
Director
since 25-01-2024 term without a fixed end
also on the board of 1 other company
listed in the 2026 annual accounts, filed on 28-09-2026
Signing authorityThe articles say who may bind the company, for example by signing a contract.
“Artikel 10: Externe vertegenwoordiging Onverminderd de algemene vertegenwoordigingsmacht van het bestuursorgaan als college…”
deed of 06-02-2024
Permanent representatives 2
Montyne Frank
Permanent representative, for Vertex
in office according to the deed of 06-02-2024
Vereecken Rik
Permanent representative, for SOURCE INTERNATIONAL
in office according to the deed of 06-02-2024

Office holders in the KBO →

Mandates through the years

4 names, the dashed line is today
Laurent Marlein
Director
SOURCE INTERNATIONAL
Board
Vertex
Board
LAMA & KIDS
Director
BoardEarlier
Mandates as a list
  • Laurent Marlein
    • Director, from 12-02-2015 to date
  • SOURCE INTERNATIONAL
    • Board, from 12-02-2015 to date
  • Vertex
    • Board, from 01-02-2019 to date
  • LAMA & KIDS
    • Director, from 20-02-2019 to 25-01-2024

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

Control

See the annual accounts at the National Bank and the publications in the Belgian Official Gazette.

Capital

Contribution
€18,600
Source
2026 annual accounts

Articles of association

deed of 06-02-2024 (in Dutch)
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
30 September at 18:00
Liquidation ruleIn a liquidation the creditors are paid first. What is left goes to the shareholders.
“Algemene vergadering mag één of meerdere vereffenaars aanduiden,bevoegdheden omlijnen en vergoeding bepalen, bestuurder(s) in functie indien…”

Network & group

Holdings

own accounts to 31-03-2026, the bar shows equity in euros
This companybyNubian3 holdings, 2 countries accounts to 31-03-2026

Belgium 2 Year Equity Result

Africa 1 Year Equity Result

  • KE Yetu Smart Grids Ltd(Kenia)50% 2025KES 136,369 result KES 32.0m (2025)

Source: list of holdings in its own 31-03-2026 accounts. Holdings that file themselves stand with their latest accounts, the others with the amounts of that list, in their own currency.

At the same address

Elyzeese Velden 6, 9000 Ghent · 6 other companies
LAMA & KIDS
registered office since 11-10-2002 · founded in 2002
 total assets €1.6m (2025)
0478.504.364
zelospark
registered office since 16-01-2020 · founded in 2020 · accounts filed late
 total assets €297,447 (2024)
0741.639.927
Laurent Marlein
registered office since 31-08-2023 · founded in 2023
 total assets €78,067 (2026)
0805.316.863
Taart Architectuurcollectief
registered office since 23-12-2024 · founded in 2024
 turnover €42,823 (2025)
1017.813.872
Sabawatt
registered office since 02-06-2026
 founded in 2026
1038.570.783
Marlein, Emile (sole trader)
establishment since 24-10-2022
 founded in 2022
0792.513.853

Holdings and subsidiaries

3 holdings

Holdings 3

Share, source and own figures per holding (3)

Source for every holding own accounts 31-03-2026

  • Yetu Smart Grids Ltd(Kenia)KE
    Equity KES 136,369Result KES 32.0m
    50%+ 0% via subsidiaries
  • RSM InterSustainability
    Equity -€579,862 Loss of €133,267 in 2025 (loss of €134,141 in 2024) Checked score 49
    49.89%+ 0% via subsidiaries
  • zelospark
    Equity €15,523 Profit of €67,478 in 2024 (profit of €51,815 in 2023) Checked score 39
    15%+ 0% via subsidiaries
Holdings through the years 2023 to 2026
Holdings through the years
Name2023202420252026
Yetu Smart Grids Ltd(Kenia)KE 50%
RSM InterSustainability 49.89%
zelospark 25%15%
Yetu Smart Grids limitedKE 50%

Source: list of holdings in its own accounts

Connections & network

3 current directors
Depth

The network lets you explore the ties of byNubian.

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Timeline

Timeline

23 events since 2015

Deadline for the 2027 accounts: 31-10-2027

2026
Annual accounts 2026 filed NBBabbreviated format · 33 days before the deadline
2025
Annual accounts 2025 filed PDFabbreviated format · 27 days late
2024
Annual accounts 2024 filed PDFabbreviated format · 48 days late
Back to profit net €120,832 The net result is €120,832, after 3 loss-making years.
Annual accounts 2023 filed PDFabbreviated format · 140 days late
Registered office moved within GhentNew registered office: Elyzeese Velden 6, 9000 Gent · Previous registered office: Coupure 88, 9000 Gent · Resignations: LAMA & KIDS, SOURCE INTERNATIONAL and Vertex · General meeting of 25-01-202413 points ▸
  • Registered office clause, Elyzeese Velden 6, 9000 Gent
  • Power of attorney, Jeroen Parmentier
  • General meeting, 25-01-2024
  • Registered-office move, Elyzeese Velden 6, 9000 Gent
  • Director resignation, LAMA & KIDS
  • Director appointment, Laurent Marlein
  • Permanent representative, Marlein Laurent
  • Director resignation, SOURCE INTERNATIONAL
  • Director reappointment, SOURCE INTERNATIONAL
  • Permanent representative, Vereecken Rik
  • Director resignation, Vertex
  • Director reappointment, Vertex
  • Permanent representative, Montyne Frank
  • The deed holds 2 more points.

Open the deed in the Belgian Official Gazette

2023
Registered in the Peppol Directory Reachable for e-invoices through 0208:0597941454
2022
Registered office moved within GhentNew registered office: Coupure 88, 9000 GENT · Previous registered office: Coupure 64 D, 9000 GENT · Permanent representative: Mardein Laurent · General meeting of 26-10-20223 points ▸
  • General meeting, 26-10-2022
  • Registered-office move, Coupure 88, 9000 GENT
  • Permanent representative, Mardein Laurent

Open the deed in the Belgian Official Gazette

Annual accounts 2022 filed PDFmicro format · 7 days late
2021
Annual accounts 2021 filed PDFmicro format · 5 days late
Weakest financial year net -€1.3m The net result drops to -€1.3m, the lowest from 2016 to 2026. It recovers the following year.
2020
Annual accounts 2020 filed PDFmicro format · 30 days late
Highest result from 2016 to 2026 net €1.1m ▲2.9% The operating result of €1.1m and the net result of €1.1m are both a record.
Equity above €2m equity €2.2m ▲95% After 4 profitable years in a row, equity reaches €2.2m.
2019
Annual accounts 2019 filed PDFmicro format · 61 days late
Equity above €1m equity €1.1m ▲1,492% After 3 profitable years in a row, equity reaches €1.1m.
2018
Annual accounts 2018 filed PDFmicro format · 69 days before the deadline
Liquidity more than doubled current ratio 3.13 The current ratio rises from 1.37 to 3.13. Short-term debt falls from €54,754 to €29,909.
2017
Annual accounts 2017 filed PDFmicro format · 39 days before the deadline
Back to profit net €12,420 The net result is €12,420, after one loss-making year.
2016
Annual accounts 2016 filed PDFabbreviated format · 119 days before the deadline
2015
Incorporation PDFpublished on 16-02-2015
First establishment Elyzeese Velden 6, Ghent

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 12 February 2015, byNubian was incorporated.1 In 2022 the registered office moved to Ghent.2 Turnover went from €2.9m in 2020 to €83,283 in 2022 and headcount from 2.3 full-time equivalents in 2019 to 2 in 2026.3

  1. 1KBO register
  2. 2Belgian Official Gazette, 12-12-2022
  3. 3National Bank, annual accounts 2019, 2020, 2022 and 2026

Company details

Identity

Enterprise number
0597.941.454
VAT number
BE 0597.941.454
Peppol ID
0208:0597941454
Other Peppol ID
9925:BE0597941454
Legal form
Private limited company
Status
Active, normal situation
Founded
12-02-2015
Financial year
ends on 31 March
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
30 September at 18:00
deed of 06-02-2024 (in Dutch)
Peppol
Reachable since 31-10-2023Follow this company and you will hear the next morning if it leaves the Peppol register.
Name
byNubian in Dutch
Entity type
Legal entity
Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
“Vlaams Gewest”
deed of 06-02-2024 (in Dutch)

Activities

NACEBEL 2025
VAT activities
70200 Business and other management consultancy main activity
Social security (RSZ) activities
62100 Computer programming main activity
Joint committees annual accounts 31-03-2026
JC 200 Auxiliary committee for white-collar workers
Codes under NACEBEL 2008
VAT activities
70220 Business consulting main activity
Social security (RSZ) activities
62010 Computer programming, consultancy and related activities main activity
PurposeThe purpose describes the activities the company may carry out under its articles.
“Het verlenen van professionele diensten in de meest uitgebreide zin met betrekking tot :; Het ontwikkelen,analyseren en commercialiseren van…”
23 activities
  1. Het verlenen van professionele diensten in de meest uitgebreide zin met betrekking tot :
  2. Het ontwikkelen,analyseren en commercialiseren van HR,Change en coaching managementtechnieken en instrumenten met bijhorende dienstverlening;
  3. Alle activiteiten die direct of indirect verbonden zijn met human-resources,onder andere rekrutering,selectie,vorming en evaluatie van personeel,carrièrebegeleiding en coaching van personeel;
  4. Alle activiteiten in verband met headhunting,executive research,arbeidsbemiddeling,uitzendbureaus,het ter beschikking stellen van personeel en outplacement;
  5. Bedrijfsvoering en -beheer,organisatie,training,personeelsbeleid,onderzoek en ontwikkeling,productontwikkeling,informatiecontrole,verkoop en marketing,het ontwikkelen en commercialiseren van tools en hulpmiddelen;
  6. Het leveren van advies,bijstand en uitvoering bij het doorvoeren van wijzigingen in business management,architecturen,processen,organisatie,technologie en mensen
  7. Het leveren van advies,ontwerpen,installeren,onderhouden en het begeleiden van projecten in de informatica,automatisering,gegevensverwerking,netwerken,informatie- en communicatietechnologie;
  8. Het management,consultancy,interim management,het tussenkomen in het dagelijks bestuur,het vertegenwoordigen van bedrijven door ondermeer het uitoefenen van mandaten van bestuurder en directeur;
  9. Het uitvoeren van audits,expertises en als studiebureau;
  10. Adviesverlening van juridische,economische,financiële,technische,,bedrijfsorganisatorische,milieutechnische,strategische,commerciële of administratieve aard;
  11. Het organiseren van opleidingen,cursussen en seminaries;
  12. Het definiëren,ontwikkelen en in stand houden van nieuwe producten,concepten en diensten;
  13. En dit alles voor ondernemingen,organisaties en overheidsorganisaties zowel op strategisch,tactisch als operationeel niveau;
  14. De aan- en verkoop,de verkoop in groot- en kleinhandel,de distributie,import en export,de makelarij,de ontwikkeling,vervaardiging en verpakking,herstelling en transformeren,uitbaten,uitgeven of het plaatsen van diverse goederen,diensten,rechten en procedés;
  15. Het ontwikkelen,analyseren en commercialiseren van materiaal(hard- en software),tools en hulpmiddelen voor automatisering-,communicatie- en informaticatoepassingen;
  16. Zij mag alle fabrieksmerken,patenten,licenties en vergunningen nemen,deze verwerven,vervreemden,exploiteren,en verhandelen in het algemeen.Zij mag optreden als bemiddelaar en/of makelaar in ondernemingen,in participaties,warrants,al dan niet converteerbare,al dan niet obligatoire leningen,uitgezonderd de activiteiten waarvoor de machtiging ontbreekt;
  17. Het organiseren en realiseren van evenementen,public relations activiteiten,trendwatching en marktonderzoek;
  18. Het commercialiseren in de breedste zin van het woord van producten,tools,hulpmiddelen,diensten en concepten;
  19. Het uitbaten,beheren en gebruiken,commercialiseren in de breedste zin van het woord van brevetten en licenties ivm voorgenoemde activiteiten;
  20. Het aanleggen,het oordeelkundig uitbouwen en beheren van een onroerend vermogen,alle verrichtingen met betrekking tot onroerende goederen en onroerende zakelijke rechten,zoals onder meer het overgaan tot het aankopen,verkopen,opschikken,verbouwen,onderhouden,uitrusten,valoriseren,bouwen,huurfinanciering,in erfpacht geven of nemen,vruchtgebruik of blote eigendom,opstalrecht verlenen of krijgen,verhuren of in huur nemen van onroerende goederen,bebouwd of onbebouwd,gemeubeld of ongemeubeld,inclusief het ter beschikking stellen van goederen aan bedrijfsleiders en/of werknemers als manier om hen te verlonen;
  21. Het aanleggen,het oordeelkundig uitbouwen en beheren van een roerend patrimonium,alle verrichtingen met betrekking tot roerende goederen en rechten,van welke aard ook,zoals het verwerven door inschrijving of aankoop en het beheren van aandelen,obligaties,kasbons of andere roerende waarden,van welke vorm ook,van Belgische of buitenlandse,bestaande of nog op te richten rechtspersonen en ondernemingen.
  22. Zij mag alle roerende of onroerende goederen,materialen en benodigdheden,verwerven,huren of verhuren,vervaardigen,overdragen of ruilen,en in het algemeen,alle commerciële,industriële of financiële handelingen verrichten,welke rechtstreeks of onrechtstreeks in verband staan met haar voorwerp,met inbegrip van de onderaanneming in het algemeen,en de uitbating van alle intellectuele rechten en industriële of commerciële eigendommen die er betrekking op hebben.Zij mag alle roerende en onroerende goederen als investering verwerven,zelfs als deze noch rechtstreeks noch onrechtstreeks verband houden met het voorwerp van de vennootschap.
  23. Zij mag het bestuur waarnemen en alle mandaten,functies,toezicht en controle uitoefenen over vennootschappen en ondernemingen en mag alle leningen of borgstellingen of zakelijke rechten verstrekken of verwerven,van gelijk welke vorm en voor gelijk welke duur.Zij mag bij wijze van inbreng in speciën of in natura,van fusie,inschrijving,deelneming,financiële tussenkomst of op een andere wijze,een aandeel nemen in alle bestaande of op te richten vennootschappen of bedrijven,in België of het buitenland.
deed of 06-02-2024 (in Dutch)

Registered office and establishments

1 establishment
Establishment Since Unit number
Elyzeese Velden 6 registered office 9000 Ghent 62100 Computer programming 12-02-2015 2.239.862.434

Buildings and parcels at the address

Ground area
669 m²
Buildings
245 m²
Volume, LiDAR
1,957 m³
Tallest building
12.7 m
Buildings to scale, each on its own parcel
245 m², 12.7 m 245 m², 12.7 m

Location

registered office establishment The establishment unit on the map
7 companies at this address See who is registered here

Parcels

Cadastral parcelArea Buildings Height / floors
44810K0256/00R007669 m² 1 · 245 m² 12.7 m · 2

Contact

E-mail info@bynubian.com

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