CUBE STUDIO ARCHITECTURE
ActiveSummary
CUBE STUDIO ARCHITECTURE has been active since 2020 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €258,101 and a net result of €82,259. Equity is growing by about 35% per year across the filed financial years. Its solvency ranks better than 53% of 11,742 sector peers (NACE 71, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).
Overview
- Staff
- ≈ 1 FTE, estimated
- Equity
- €258,101
- Profit
- €82,259
Why 96raises risk2 of the last 3 latelowers riskLiquidity: current ratio 2.37, cash €326,535Sector: Architectural and engineering activities; technical testing and analysis (NACE 71)Equity €258,101 (57.2% of total assets)Show the evidence
Checked score
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
How it is calculated
The band follows from the bankruptcy probability, on a scale where 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 71, micro): better than 55% on solvency, 71% on liquidity, 66% on profitability and 81% on growth.
The bankruptcy probability was computed on 29-10-2026 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.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
This company filed its last 6 accounts on average 47 days after the deadline; the sector median (NACE 71) for financial year 2024 is 8 days before the deadline, and 34% of those companies filed late.
Searched, nothing found (2)
- Annual accounts filedfinancial year 2025 · micro…
- Highest result from 2020 to 2025net €82,259 ▲237%
- Equity above €200,000equity €258,101 ▲46.8%
Financials · financial year 2025, micro format
2021 to 2025, 5 financial years 2020 to 2025, 6 financial years
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 86% above 2024 and is the highest result in the available series.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Average staff in full-time equivalents (FTE).
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 71, Architectural and engineering activities; technical testing and analysis: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
Peer companies
Historical observationOf the 6,782 companies that looked in July 2024 the way this one looks now, 0.6% went bankrupt within 24 months and 96.7% are still going.
- Small
- 5 to 10 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
For this company itself Checked computes a bankruptcy probability of < 0.1% 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 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% 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 6,782 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.
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €3,043 | €3,403 | €0 | ▼ 100% |
| Remuneration, social security and pensions62 | - | €25,836 | €66,130 | €66,416 | €110,276 | €52,414 | ▼ 52.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €3,115 | €2,795 | €3,237 | €1,787 | €2,204 | €3,042 | ▲ 38.0% |
| Other operating charges640/8 | - | €348 | €2,033 | €1,697 | €1,611 | €852 | ▼ 47.1% |
| Non-recurring operating charges66A | - | - | - | €378 | €563 | €1,197 | ▲ 113% |
| Gross operating margin9900 | €78,233 | €64,739 | €168,760 | €90,267 | €180,921 | €180,495 | ▼ 0.2% |
| Operating profit (loss)9901 | €69,074 | €35,760 | €97,361 | €19,988 | €66,267 | €122,990 | ▲ 85.6% |
| Financial income75/76B | - | - | - | €151 | €0 | €50 | ▲ 709× |
| Recurring financial income75 | - | - | - | €151 | €0 | €50 | ▲ 709× |
| Financial charges65/66B | - | €2,526 | €535 | €20,057 | €31,489 | €11,797 | ▼ 62.5% |
| Recurring financial charges65 | €93 | €2,526 | €535 | €20,057 | €31,489 | €11,797 | ▼ 62.5% |
| Profit (loss) for the period before taxes9903 | €68,981 | €33,234 | €96,825 | €82 | €34,778 | €111,242 | ▲ 220% |
| Income taxes67/77 | €16,754 | €8,485 | €26,691 | -€4,210 | €10,338 | €28,984 | ▲ 180% |
| Profit (loss) for the period9904 | €52,227 | €24,749 | €70,135 | €4,292 | €24,439 | €82,259 | ▲ 237% |
| Profit (loss) for the period to be appropriated9905 | €52,227 | €24,749 | €70,135 | €4,292 | €24,439 | €82,259 | ▲ 237% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|
| Assets | |||||||
| Total assets20/58 | €120,330 | €773,740 | €726,982 | €748,825 | €752,072 | €451,167 | ▼ 40.0% |
| Fixed assets21/28 | €7,403 | €5,934 | €30,196 | €31,941 | €35,234 | €34,415 | ▼ 2.3% |
| Intangible fixed assets21 | €4,178 | €2,578 | €978 | €0 | - | - | - |
| Tangible fixed assets22/27 | €3,225 | €3,356 | €1,719 | €4,441 | €7,734 | €34,415 | ▲ 345% |
| Furniture and vehicles24 | - | €3,356 | €1,719 | €4,441 | €7,734 | €32,778 | ▲ 324% |
| Other tangible fixed assets26 | - | - | - | - | - | €1,637 | - |
| Financial fixed assets28 | - | - | €27,500 | €27,500 | €27,500 | €0 | ▼ 100% |
| Current assets29/58 | €112,927 | €767,806 | €696,786 | €716,883 | €716,839 | €416,751 | ▼ 41.9% |
| Stocks and contracts in progress3 | €30,000 | €722,956 | €531,257 | €664,268 | €649,014 | €0 | ▼ 100% |
| Stocks30/36 | - | €722,956 | €531,257 | €664,268 | €649,014 | €0 | ▼ 100% |
| Amounts receivable within one year40/41 | €32,628 | €35,955 | €19,269 | €40,938 | €25,208 | €81,400 | ▲ 223% |
| Trade receivables40 | - | €4,100 | €14,436 | €22,279 | €21,558 | €69,057 | ▲ 220% |
| Other amounts receivable41 | - | €31,855 | €4,833 | €18,660 | €3,649 | €12,343 | ▲ 238% |
| Cash at bank and in hand54/58 | €50,299 | €7,932 | €144,169 | €9,720 | €35,375 | €326,535 | ▲ 823% |
| Deferred charges and accrued income490/1 | - | €963 | €2,091 | €1,957 | €7,242 | €8,817 | ▲ 21.8% |
| Equity and liabilities | |||||||
| Total equity and liabilities10/49 | €120,330 | €773,740 | €726,982 | €748,825 | €752,072 | €451,167 | ▼ 40.0% |
| Equity10/15 | €52,228 | €76,977 | €147,112 | €151,403 | €175,843 | €258,101 | ▲ 46.8% |
| Contributions10/11 | €1 | €1 | €1 | €1 | €1 | €1 | = |
| Capital10 | - | €1 | - | - | - | - | - |
| Issued capital100 | - | €1 | - | - | - | - | - |
| Profit (loss) carried forward14 | €52,227 | €76,976 | €147,111 | €151,402 | €175,842 | €258,100 | ▲ 46.8% |
| Amounts payable17/49 | €68,102 | €696,763 | €579,870 | €597,421 | €576,229 | €193,065 | ▼ 66.5% |
| Amounts payable after more than one year17 | - | €367,560 | - | €389,760 | €468,266 | €17,252 | ▼ 96.3% |
| Financial debts170/4 | - | €367,560 | - | €389,760 | €468,266 | €17,252 | ▼ 96.3% |
| Amounts payable within one year42/48 | €68,102 | €329,203 | €579,870 | €206,402 | €107,963 | €175,814 | ▲ 62.8% |
| Current portion of amounts payable after more than one year42 | - | - | - | - | €5,228 | €6,738 | ▲ 28.9% |
| Financial debts43 | - | €127,104 | €376,584 | €29,457 | €0 | - | - |
| Credit institutions430/8 | - | €127,104 | €376,584 | €29,457 | €0 | - | - |
| Trade debts44 | €10,189 | €143,691 | €21,362 | €32,596 | €37,411 | €40,778 | ▲ 9.0% |
| Suppliers440/4 | - | €143,691 | €21,362 | €32,596 | €37,411 | €40,778 | ▲ 9.0% |
| Advances received on contracts in progress46 | - | - | €5,445 | €0 | - | €99,174 | - |
| Taxes, remuneration and social security45 | - | €28,384 | €47,419 | €21,485 | €27,544 | €23,983 | ▼ 12.9% |
| Taxes450/3 | - | €24,381 | €28,916 | €9,834 | €11,672 | €16,094 | ▲ 37.9% |
| Remuneration and social security454/9 | - | €4,003 | €18,503 | €11,651 | €15,871 | €7,889 | ▼ 50.3% |
| Other amounts payable47/48 | - | €30,024 | €129,060 | €122,864 | €37,781 | €5,142 | ▼ 86.4% |
| Accrued charges and deferred income492/3 | - | - | - | €1,260 | €0 | - | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €52,227 | €24,749 | €70,135 | €4,292 | €24,439 | €82,259 | ▲ 237% |
| + Depreciation and write-downs630 | €3,115 | €2,795 | €3,237 | €1,787 | €2,204 | €3,042 | ▲ 38.0% |
| Operating cash flow (approximation) | €55,342 | €27,544 | €73,372 | €6,079 | €26,644 | €85,301 | ▲ 220% |
| Investment in fixed assets (approximation) | - | -€1,326 | -€27,499 | -€3,532 | -€5,496 | -€2,224 | ▲ 59.5% |
| Change in cash | - | -€42,367 | €136,237 | -€134,450 | €25,656 | €291,159 | ▲ 11× |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (6)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | micro format | 15-07-2026 | 2026-00300360 |
| 31-12-2024 | micro format | 10-10-2025 | 2025-00541898 |
| 31-12-2023 | micro format | 16-12-2024 | 2024-00617784 |
| 31-12-2022 | micro format | 09-10-2023 | 2023-00477844 |
| 31-12-2021 | micro format | 26-09-2022 | 2022-20434990 |
| 31-12-2020 | micro format | 21-06-2021 | 2021-22100051 |
Similar companies · same sector, comparable size
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Not every act has been read: a resignation may still be missing
Mandate history
- Board
| Name | Functions and periods |
|---|---|
| Amandine BANGERT |
|
Owners and capital
Capital and shareholders
- POELAERT,Charles 30 shares
- CRUSNAIREMartin 48 shares
- Amandine BANGERT 22 shares
The Belgian Official Gazette names shareholders only when an act mentions them; the share register itself is not published.
Group and network
Connections & network
1 current directorThe network starts from this company’s directors. Other companies they run appear here as nodes.
History
Acts, filings and financial milestones
29-01
Gazette deed
Appointment: Amandine BANGERT (director)Registered office clause · Power of attorney · Shareholding21 facts ▸
- Director appointment, Amandine BANGERT (director (not named in the articles))
- Registered office clause, “1410 Waterloo Chaussée de Tervuren 20” (deed in French)
- Other provision, “établir et signer coordination statuts et assurer dépôt au dossier société, mission coordination statuts” (deed in French)
- Other provision, “élection de domicile acte, au siège de la société pour exécution des présentes” (deed in French)
- Other provision, “droit d'écriture”, 100 (deed in French)
- Other provision, “connaissance projet acte, comparants déclarent avoir pris connaissance projet au moins cinq jours ouvrables avant signature” (deed in French)
- Other provision, “loi de Ventôse-conseil impartial, notaire informé parties obligations conseil impartial si intérêts contradictoires ou disproportionnés et droit libre choix con…” (deed in French)
- Power of attorney
- Other provision, “expédition électronique ou papier transmise à première demande, expédition acte” (deed in French)
- Other provision, “clôture-procès-verbal, notaire soussigné a dressé procès-verbal lieu et date que dessus” (deed in French)
- General meeting, 18-12-2023
- Shareholding, 18-12-2023, 30
- +9 further facts in this act
About the unread acts
Of the 2 Belgian Official Gazette deeds we know for this company, 1 has been read. The other one has not been read yet: what they contain is neither established nor disproved here.
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 25763M0211/00_000 | Wallonia | 311 m² | 1 · 72 m² | 12.2 m · 4 |
How the parcels are linked
Articles of association
What the company does
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- One provision in the deed
- Legal form clauseThe legal form, such as BV, NV or CV, which decides which company-law rules apply.
- One provision in the deed
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- One provision in the deed
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- “Lorsque la société est administrée par plusieurs administrateurs, chaque administrateur agissant seul, peut accomplir tous les actes…”“SIGNATURE. Sauf délégation spéciale, tous les actes engageant la société, autres que ceux de gestion journalière, même les actes auxquels un…”
Full text
SIGNATURE. Sauf délégation spéciale, tous les actes engageant la société, autres que ceux de gestion journalière, même les actes auxquels un fonctionnaire public ou un officier ministériel prête son concours, doivent être signés par l’administrateur-unique ou un des administrateur suivant le cas, lequel n'a pas à justifier vis-à-vis des tiers d'une autorisation spéciale de l'assemblée. Lors de la signature de tout document émanant de la société, le nom et la qualité du signataire doivent être mentionnés. CONTRÔLE DE LA SOCIÉTÉ. Lorsque la loi l'exige et dans les limites qu'elle prévoit, le contrôle de la société est assuré par un ou plusieurs commissaires, nommés pour trois ans et rééligibles. ASSURANCE. Tant la société que chaque architecte actionnaire de la société ont l'obligation de faire assurer leur responsabilité civile et professionnelle, en ce compris la responsabilité décennale, conformément aux dispositions légales et professionnelles applicables.
- Board ruleHow the board is made up, meets and takes decisions.
- “Actionnaires ou non, un ou plusieurs administrateurs personnes physiques” (deed in French)“Totalité pouvoirs administration, faculté de déléguer partie” (deed in French)
Capital, shares and profit
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Moitié cédant moitié acquéreurs au prorata, mêmes formalités si non actionnaires de plein droit” (deed in French)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Last Friday of June at 16:00
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Sort des missions en cours et mesures couverture responsabilité décennale, en tout temps par décision assemblée générale délibérant formes…” (deed in French)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Ne peut être clôturée que s'il n'y a plus de missions en cours ou si tous contrats missions en cours cédés à tiers architectes, faculté…” (deed in French)