CUBE 21
Annual accounts 2024
abbreviated format, filed on 29-08-2025, 29 days lateTurnover and EBIT margin are not published. The abbreviated format does not require them.
Balance sheet
balance sheet total €166,033 on 31-12-2024Change in equityin euro
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2024 | 2023 |
|---|---|---|---|
| Balance sheet: assets | |||
Total assets20/58 |
166,033 | 172,643 | |
Current assets29/58 |
166,033 | 172,643 | |
Amounts receivable within one year40/41 |
166,033 | 172,643 | |
Trade receivables40 |
166,033 | 172,643 | |
| Balance sheet: equity and liabilities | |||
Total equity and liabilities10/49 |
166,033 | 172,643 | |
Equity10/15 |
-74,932 | -26,215 | |
Contributions10/11 |
18,592 | 18,592 | |
Capital10 |
18,592 | 18,592 | |
Issued capital100 |
18,592 | 18,592 | |
Profit (loss) carried forward14 |
-93,524 | -44,807 | |
Amounts payable17/49 |
240,965 | 198,858 | |
Amounts payable within one year42/48 |
240,965 | 198,858 | |
Trade debts44 |
2,646 | 3,037 | |
Suppliers440/4 |
2,646 | 3,037 | |
Taxes, remuneration and social security45 |
43,019 | - | |
Taxes450/3 |
43,019 | - | |
Other amounts payable47/48 |
195,301 | 195,821 | |
| Income statement | |||
Gross operating margin9900 |
-2,705 | 149,378 | |
Other operating charges640/8 |
3,144 | 1,357 | |
Operating profit (loss)9901 |
-5,849 | 148,021 | |
Financial income75/76B |
790 | - | |
Recurring financial income75 |
790 | - | |
Financial charges65/66B |
640 | 1,531 | |
Recurring financial charges65 |
640 | 1,531 | |
Profit (loss) for the period before taxes9903 |
-5,699 | 146,490 | |
Income taxes67/77 |
43,019 | - | |
Profit (loss) for the period9904 |
-48,717 | 146,490 | |
Profit (loss) for the period to be appropriated9905 |
-48,717 | 146,490 | |
| Appropriation of the result | |||
Profit (loss) to be appropriated9906 |
-93,524 | -44,807 | |
Profit (loss) brought forward from the previous period14P |
-44,807 | -191,297 | |
| Document | |||
Source: Annual accounts 2024 at the NBB, filed on 29-08-2025.
Filings
each dot is a set of accounts, on the day it reached the National Bank2024 annual accounts filed 29 days after the deadline. Filed on 29 August 2025, deadline 31 July 2025 (7 months after the close on 31 December 2024, Companies Code art. 3:10). Source: NBB, 2025-00430785.
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2024 | 2023 |
|---|---|---|---|
| Working capital | -74,932 | -26,215 | |
| Solvency | -45.1% | -15.2% | |
| Current ratio | 0.69 | 0.87 | |
| ROA | -29.3% | 84.9% |
Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.
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.
Insights on CUBE 21
The operating result for 2024 is a loss of €5,849, after a profit of €148,021 in 2023.
Equity is negative. Debt (€240,965) exceeds the balance-sheet total (€166,033).