Cu.be Solutions
ActiveSummary
Cu.be Solutions has been active since 2000 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €138,465 and a net result of -€21,885. Equity is growing by ~28.5% per year across the filed fiscal years. Its solvency ranks better than 30% of 8115 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability48▼-40
Solvency49▼-3
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €7,000 at 30 days acceptable
Liquidity tight (current ratio 1.33 against 1.05 in 2024; short-term debt: 32.5% and cash: 0% of total assets), and 75.5% of the assets are financed with debt.
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Signals
Three signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Wholesale trade (NACE 46)
about 21% more bankruptcies
← fewer bankruptcies
more bankruptcies →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-05-2026, 65 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
65 d early
2024
on the day
2023
34 d early
2022
7 d early
2021
51 d early
2020
75 d early
2019
31 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 38 days before the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% of the sector filed late.
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 monthsPosition in the running window
27-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, abbreviated schema
Equity
€138,465▼ 13.6%
2024 · €160,350
Total assets
€565,228▼ 4.5%
2024 · €592,079
Net result
-€21,885
2024 · €89,751
Working capital
€60,018▲ 417%
2024 · €11,610
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result-€14,421€48,700€44,001▼ 9.6%€135,894▲ 209%-€8,189
Net result-€24,168€26,464€20,180▼ 23.7%€89,751▲ 345%-€21,885
Equity€23,956▼ 50.2%€50,420▲ 110%€70,599▲ 40.0%€160,350▲ 127%€138,465▼ 13.6%
Total assets€436,404▲ 4.0%€452,768▲ 3.7%€511,308▲ 12.9%€592,079▲ 15.8%€565,228▼ 4.5%
Debt€412,449▲ 11.0%€402,349▼ 2.4%€440,709▲ 9.5%€431,729▼ 2.0%€426,762▼ 1.2%
Working capital-€36,151▼ 349%-€25,233▲ 30.2%-€44,457▼ 76.2%€11,610€60,018▲ 417%
Staff (FTE)4.7▼ 19.0%4.5▼ 4.3%5▲ 11.1%6.2▲ 24.0%6.1▼ 1.6%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €8,189 after €135,894 in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €565,228
Fixed assets
€321,474 ▼ 12.3%
Current assets
€243,753 ▲ 8.0%
Equity and liabilities €565,228
Equity
€138,465 ▼ 13.6%
Debt
€426,762 ▼ 1.2%
Debt's share of the balance-sheet total rises from 72.9% to 75.5%. Equity and debt are lower.
Key figures and ratios
EBITDA
€46,933▼
2024 · €181,089
Cash flow
€33,237▼
2024 · €134,946
Current ratio
1.33▲
2024 · 1.05
Debt to equity
3.08▲
2024 · 2.69
ROE
-15.8%▼
2024 · 56.0%
ROA
-3.9%▼
2024 · 15.2%
Interest coverage
4.04▼
2024 · 12.68
Debt ≤ 1 year
€183,735▼
2024 · €213,984
Debt > 1 year
€163,285▼
2024 · €215,431
Income taxes
€2,128▼
2024 · €33,168
Staff costs
€515,651▲
2024 · €425,470
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 2,448 companies that looked in July 2024 the way this one looks now, 1.4% went bankrupt within 24 months and 93% are still going.
- Micro
- 20 years or older
- solvency 10 to 30%
- a small loss
1.4%
went bankrupt
5.0%
stopped otherwise
93%
still going
A further 0.4% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.5% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 2,448 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €258,467 | €249,169 | €307,819 | €425,470 | €515,651 | ▲ 21.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €20,505 | €27,961 | €33,666 | €45,195 | €55,122 | ▲ 22.0% |
| Other operating charges640/8 | €5,843 | €6,212 | €7,236 | €7,158 | €7,353 | ▲ 2.7% |
| Gross operating margin9900 | €270,393 | €332,041 | €392,721 | €613,717 | €569,936 | ▼ 7.1% |
| Operating profit (loss)9901 | -€14,421 | €48,700 | €44,001 | €135,894 | -€8,189 | ▼ 106% |
| Financial income75/76B | €327 | €851 | €968 | €1,311 | €48 | ▼ 96.3% |
| Recurring financial income75 | €327 | €851 | €968 | €1,311 | €48 | ▼ 96.3% |
| Financial charges65/66B | €9,494 | €10,809 | €12,425 | €14,286 | €11,616 | ▼ 18.7% |
| Recurring financial charges65 | €9,494 | €10,809 | €12,425 | €14,286 | €11,616 | ▼ 18.7% |
| Profit (loss) for the period before taxes9903 | -€23,589 | €38,741 | €32,544 | €122,919 | -€19,757 | ▼ 116% |
| Income taxes67/77 | €580 | €12,277 | €12,365 | €33,168 | €2,128 | ▼ 93.6% |
| Profit (loss) for the period9904 | -€24,168 | €26,464 | €20,180 | €89,751 | -€21,885 | ▼ 124% |
| Profit (loss) for the period to be appropriated9905 | -€24,168 | €26,464 | €20,180 | €89,751 | -€21,885 | ▼ 124% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €436,404 | €452,768 | €511,308 | €592,079 | €565,228 | ▼ 4.5% |
| Fixed assets21/28 | €317,509 | €294,560 | €342,851 | €366,485 | €321,474 | ▼ 12.3% |
| Intangible fixed assets21 | €26,504 | €20,768 | €15,032 | €9,297 | €3,561 | ▼ 61.7% |
| Tangible fixed assets22/27 | €291,005 | €272,390 | €326,417 | €357,188 | €317,913 | ▼ 11.0% |
| Land and buildings22 | €255,797 | €245,687 | €235,577 | €225,467 | €215,358 | ▼ 4.5% |
| Plant, machinery and equipment23 | - | - | - | - | €5,239 | - |
| Furniture and vehicles24 | €4,659 | €5,809 | €76,488 | €122,917 | €94,061 | ▼ 23.5% |
| Leasing and similar rights25 | €30,550 | €20,894 | €14,352 | €8,804 | €3,255 | ▼ 63.0% |
| Financial fixed assets28 | - | €1,402 | €1,402 | €0 | - | - |
| Current assets29/58 | €118,895 | €158,208 | €168,456 | €225,594 | €243,753 | ▲ 8.0% |
| Amounts receivable within one year40/41 | €86,248 | €135,281 | €161,101 | €109,235 | €233,360 | ▲ 114% |
| Trade receivables40 | €76,184 | €120,303 | €140,769 | €86,830 | €233,360 | ▲ 169% |
| Other amounts receivable41 | €10,064 | €14,979 | €20,332 | €22,405 | €0 | ▼ 100% |
| Cash at bank and in hand54/58 | €21,954 | €12,062 | €169 | €108,314 | €169 | ▼ 99.8% |
| Deferred charges and accrued income490/1 | €10,694 | €10,864 | €7,187 | €8,045 | €10,224 | ▲ 27.1% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €436,404 | €452,768 | €511,308 | €592,079 | €565,228 | ▼ 4.5% |
| Equity10/15 | €23,956 | €50,420 | €70,599 | €160,350 | €138,465 | ▼ 13.6% |
| Contributions10/11 | €32,063 | €32,063 | €32,063 | €32,063 | €32,063 | = |
| Reserves13 | €3,206 | €18,206 | €38,206 | €128,000 | €106,403 | ▼ 16.9% |
| Non-distributable reserves130/1 | €3,206 | €3,206 | €0 | - | - | - |
| Reserves not available under the articles1311 | €3,206 | €3,206 | €0 | - | - | - |
| Distributable reserves133 | - | €15,000 | €38,206 | €128,000 | €106,403 | ▼ 16.9% |
| Profit (loss) carried forward14 | -€11,313 | €151 | €330 | €288 | €0 | ▼ 100% |
| Amounts payable17/49 | €412,449 | €402,349 | €440,709 | €431,729 | €426,762 | ▼ 1.2% |
| Amounts payable after more than one year17 | €256,969 | €218,301 | €227,483 | €215,431 | €163,285 | ▼ 24.2% |
| Financial debts170/4 | €256,969 | €218,301 | €227,483 | €215,431 | €163,285 | ▼ 24.2% |
| Amounts payable within one year42/48 | €155,046 | €183,441 | €212,913 | €213,984 | €183,735 | ▼ 14.1% |
| Current portion of amounts payable after more than one year42 | €41,621 | €39,332 | €50,962 | €73,039 | €58,203 | ▼ 20.3% |
| Financial debts43 | €50,000 | €51,506 | €60,480 | €50,000 | €30,020 | ▼ 40.0% |
| Credit institutions430/8 | €50,000 | €51,506 | €60,480 | €50,000 | €30,020 | ▼ 40.0% |
| Trade debts44 | €30,340 | €35,213 | €21,199 | €23,635 | €17,396 | ▼ 26.4% |
| Suppliers440/4 | €30,340 | €35,213 | €21,199 | €23,635 | €17,396 | ▼ 26.4% |
| Advances received on contracts in progress46 | - | - | - | €91 | €0 | ▼ 100% |
| Taxes, remuneration and social security45 | €33,086 | €57,390 | €80,272 | €67,219 | €77,781 | ▲ 15.7% |
| Taxes450/3 | €12,811 | €32,253 | €46,367 | €28,651 | €30,719 | ▲ 7.2% |
| Remuneration and social security454/9 | €20,274 | €25,137 | €33,905 | €38,568 | €47,062 | ▲ 22.0% |
| Other amounts payable47/48 | - | - | - | - | €336 | - |
| Accrued charges and deferred income492/3 | €434 | €607 | €312 | €2,313 | €79,742 | ▲ 3,347% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€24,168 | €26,464 | €20,180 | €89,751 | -€21,885 | ▼ 124% |
| + Depreciation and write-downs630 | €20,505 | €27,961 | €33,666 | €45,195 | €55,122 | ▲ 22.0% |
| Operating cash flow (approximation) | -€3,664 | €54,424 | €53,845 | €134,946 | €33,237 | ▼ 75.4% |
| Investment in fixed assets (approximation) | - | -€5,012 | -€81,957 | -€68,829 | -€10,111 | ▲ 85.3% |
| Change in cash | - | -€9,891 | -€11,894 | €108,145 | -€108,145 | ▼ 200% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
27-05
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2018net €89,751 ▲345%
Operating result €135,894, net result €89,751, both a record.
31-12
Financial
Equity above €150,000Eq €160,350 ▲127%
3 profitable years in a row build equity to €160,350.
27-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
24-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Back to profitnet €26,464
Net result €26,464 after one loss-making year.
10-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Weakest financial yearnet -€24,168
Net result drops to -€24,168, the lowest in the series; recovery starts the following year.
17-05
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
26-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
19-12
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 141 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 4 acts read
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
4 acts for this company are 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, Zaventem · 1 establishment unit since 2001
Ground area
7,801 m²
Building footprint
1,853 m²
Volume, LiDAR
13,180 m³
Parcel 23094D0010/00F000, Flanders · tallest building 12.6 m, ±2 floors. Linked by address, not a title deed.
20
companies at this address
See who is registered here
1 establishment unit
Cu.be offices and training center
since 20012.097.757.929
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23094D0010/00F000 | Flanders | 7,801 m² | 1 · 1,853 m² | 12.6 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Part of the group
CREAFUND
26 companies
Group, risk and exposure
Owners and holdings
1 ownerChain of control
- CREAFUND
- MOBILE LOCKER HOLDING
- Cu.be Solutions
Highest known parent: CREAFUND. The sources do not say who stands above it.
Owners 1
- MOBILE LOCKER HOLDINGparentSourceown accounts 2025100%
Holdings 0
The accounts to 31-12-2025 list no holdings, and no other source names one.
According to the 2025 annual accounts of Cu.be Solutions and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
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Of 2,119 companies in sector 46500 we hold annual accounts for 1,403. 1,058 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded05-12-2000
Fiscal year end31-12
Activities, NACEBEL 2025
46500Wholesale of information and communication equipment
62200Computer consultancy and computer facilities management
47400Retail sale of information and communication equipment
62900Other information technology and computer services
Contact
E-invoicing
Reachable via Peppol
Peppol ID
0208:0473426316
Registered
23-12-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.