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CUBE ZERO

Active Private limited companyfounded 2014active for 11 yearsVlasmarkt 10, 9000 GhentKBO/BCE: BE 0505.806.696
CUBE ZERO
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Overview

Lifetime

10 annual accounts with figures on one time axis
peak €134,876 (2017)
€38,640▼ 34.3%
lowest -€56,254 (2022)
€22,363▼ 46.4%
peak €22,535 (2020)
-€922▲ €22,363
€72,373▼ 12.2%
peak 2.8 FTE (2018)
0 FTE 
Board4 names since 2017
1 director
Documentsfilings and deeds
17-07-202614 days before the deadline
2025abbreviated format
Gross margin from €58,826 to €38,640Result from €41,691 to €22,363Registered office moved within Ghent 16-04Equity from -€23,285 to -€922Cash from €28,439 to €43,105

Key points

from the 2025 annual accounts

Equity

-€922
202020212022202320242025

Debts exceed assets in financial year 2025.

Debts

€72,373 101% of the balance sheet
Financial debts 50%Suppliers 38%Taxes and wages 1%Other 11%

Of this, €35,477 falls due within a year.

Liquidity

1.56 was 0.69 in 2024

Short-term debts fell from €51,754 to €35,477.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 3,632 companies had the same profile as CUBE ZERO has now. Each dot stands for 10 companies, two years later.

91.9%
were still trading
4.8%
stopped another way
2.9%
went bankrupt
  • Micro
  • 10 to 20 years old
  • negative equity
  • a profit of 5% of the balance sheet or more

Another 0.4% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,448 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 3,632 companies, not a prediction for CUBE ZERO. 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

Director, , since 28-06-2017
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0505806696
Registered office moved within Ghent New registered office: Vlasmarkt 10 bus 001, 9000 Gent · Previous registered office: VLASMARKT 10- 9000 GENT · Permanent representative: · Board meeting of 16-04-2024 · Gazette deed
1 director resigning, 1 reappointment Resignation: · Reappointment: (director) · Permanent representative: · General meeting of 22-06-2022 · Gazette deed
New manager appointed, resigned · Permanent representatives: and · General meeting of 29-11-2019 · Gazette deed
All 23 events

Comparable companies

same main activity, similar in size and age
Company
CUBE ZERO Ghent €71,451 €38,640 -1.3% 0
Gills & Scales Houthalen-Helchteren €140,388 €126,526 -217.7% 0
HAP-Events Herentals €138,684 €161,876 -399.0% 0
Studio Gekko Laarne €76,423 €38,905 31.9% -
ESCAPE BROTHERS Dendermonde €61,907 €44,147 45.3% -
JW1 Destelbergen €48,797 €32,262 -332.8% 1.4
CONTAINED Berlare €101,981 €42,687 78.3% -

These companies have the same main activity as CUBE ZERO: other amusement and recreation activities (NACE 93299). They are comparable in size and age: total assets between €48,800 and €140,000, founded between 2013 and 2019.

Official details

Source: KBO
Status
Active since 28-11-2014Normal situation
Activity
Other amusement and recreation activitiesNACE 93299
Joint committee
333Tourist attractions · annual accounts 2022
Establishment unit
2.237.108.7239000 Ghent, since 01-02-2015
Financial year end
31 December
Peppol
Reachable since 11-06-2025
Company details

Annual accounts 2025

€38,640▼ 34.3%
≈ €140,000estimated
€22,363▼ 46.4%
-€922▲ 96.0%
€71,451▲ 20.9%
Filing
Filed on 17-07-2026, 14 days before the end of the filing period
Financials

Insights on CUBE ZERO

CUBE ZERO files the abbreviated format. That format states no turnover. The gross margin fell from €86,483 in 2016 to €38,640 in 2025.

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

Financials

Annual accounts 2025

abbreviated format, filed on 17-07-2026, 14 days before the deadline
€38,640
▼ 34.3%
€23,027
▼ 45.2%
€22,363
▼ 46.4%
€19,896
▲ €36,120
-1.3%
▲ 38.1 percentage points
1.56
▲ 0.87

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

Turnover ≈ €140,000. Estimated: probably between €74,000 and €260,000.

Balance sheet

balance sheet total €71,451 on 31-12-2025
What the company ownsHow it is paid for

in euro

in euro

Position in the sector

Compare with sector

-1.3%

Higher than 22% of 1,115 companies in 2025.

1.56

Higher than 62% of 1,093 companies in 2025.

31.3%

Higher than 95% of 1,104 companies in 2025.

CUBE ZERO Middle half of the sector 80% of the sector Abbreviated accounts in sports and recreation (NACE 93)

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

Staff

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 Trend2025202420232022202120202019201820172016
Balance sheet: assets
20/58 71,45159,11449,86158,63487,95048,43047,332105,467119,60954,099
21/28 16,07823,58431,09029,0867,88316,25022,57128,44340,84033,013
22/27 10,37817,88425,39022,9762,18310,55016,87122,74335,14027,313
23 2,2205,6479,07512,9762,1836,1895,734-7923,167
26 8,15812,23616,315-04,36111,13722,74334,34924,146
27 --010,000------
28 5,7005,7005,7006,1105,7005,7005,7005,7005,7005,700
29/58 55,37335,53018,77229,54780,06732,18024,76177,02478,76821,086
40/41 12,2687,09111,5308,50160,83911,6763,58236,06219,6536,456
40 8,1687,03911,3876,9186,8936843,53012,18711,4444,628
41 4,100531431,58353,94610,9925323,8758,2091,828
54/58 43,10528,4397,24216,00719,22920,50421,17940,96259,11514,621
490/1 --05,039-----9
Balance sheet: equity and liabilities
10/49 71,45159,11449,86158,63487,95048,43047,332105,467119,60954,099
10/15 -922-23,285-64,976-34,4939,36022,53515,78315,64615,17712,731
10/11 18,60018,60018,60018,6006,200-6,2006,2006,2006,200
100 ------18,60018,60018,60018,600
101 ------12,40012,40012,40012,400
11 -----6,200----
1100/10 -----6,200----
13 3,1603,1603,1603,1603,16016,3359,5839,4468,9776,531
130/1 1,8601,8601,8601,8601,8601,860----
130 ------1,8601,8601,860327
1311 1,8601,8601,8601,8601,860-----
1319 -----1,860----
133 1,3001,3001,3001,3001,30014,4757,7237,5867,1176,205
14 -22,682-45,045-86,736-56,254------
17/49 72,37382,399114,83793,12778,59025,89531,54989,821104,43141,368
17 35,89629,64540,14529,64534,194733---5,042
170/4 35,89629,64540,14529,64534,194733---5,042
42/48 35,47751,75473,69262,48243,39624,16330,54988,821103,43135,326
42 05,508022,72521,3826,128--12,57320,000
44 27,77439,55747,72930,05316,59111,94216,65555,45414,2928,772
440/4 27,77439,55747,72930,05316,59111,94216,65555,45414,2928,772
46 ------88640-
45 7836897,2155,5293,1205,21513,16412,97215,4155,332
450/3 0450407010108125,6546,4065,332
454/9 7832396,8085,5293,1105,20512,3527,3189,009-
47/48 6,9196,00018,7484,1762,30387872220,38760,5111,222
492/3 1,0001,0001,0001,0001,0001,0001,0001,0001,0001,000
Income statement
76A -03,848-------
9900 38,64058,82614,250-7,21611,78362,79576,54198,020134,87686,483
62 7,5638,73935,35439,63114,12744,90561,05761,16850,18852,514
630 7,5067,5067,9816,3428,3679,73814,47212,39713,98116,032
640/8 5445285164694685844995788351,950
9901 23,02742,053-29,601-53,659-11,1797,56851223,87869,87215,987
75/76B 53799115171101112185159
75 53799115171101112185159
65/66B 7171,1619972,6132,1068263853506245,531
65 7171,1619972,6132,1068263853506245,531
9903 22,36341,691-30,482-56,254-13,1756,75213923,54669,29810,516
67/77 ------25,5776,8523,984
9904 22,36341,691-30,482-56,254-13,1756,75213717,96962,4466,531
9905 22,36341,691-30,482-56,254-13,1756,75213717,96962,4466,531
Appropriation of the result
9906 -22,682-45,045-86,736-56,254-13,1756,75213717,96962,4466,531
14P -45,045-86,736-56,254-------
791/2 ---013,175-----
691/2 ----06,7521374692,4466,531
6920 --------1,533327
6921 ----06,7521374699126,205
694/7 -------17,50060,000-
694 -------10,00010,000-
695 -------7,50050,000-
Social balance sheet
9087 000.91.11.42.62.82.82.32.1
Hours worked1013 --1,4731,9748532,9163,9014,0923,0562,992
Document PDFPDFPDFPDFPDFPDFPDFPDFPDFPDF

The notes to these accounts have 11 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 17-07-2026.

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
31-12-2025 abbreviated format 17-07-2026 2026-00304111 PDF
31-12-2024 abbreviated format 22-07-2025 2025-00292707 PDF
31-12-2023 abbreviated format 02-07-2024 2024-00195014 PDF
31-12-2022 abbreviated format 27-07-2023 2023-00277390 PDF
30-06-2021 abbreviated format 20-12-2021 2021-80900571 PDF
30-06-2020 abbreviated format 18-12-2020 2020-76300522 PDF
30-06-2019 abbreviated format 06-01-2020 2020-00200087 PDF
30-06-2018 abbreviated format 11-01-2019 2019-00800554 PDF
30-06-2017 abbreviated format 22-12-2017 2017-72600552 PDF
30-06-2016 abbreviated format 20-12-2016 2016-71400230 PDF

Subsidies and aid

Flemish government 2022 to 2025, 3 entries, €7,735 awarded, €7,735 paid

Vlaams Beschermingsmechanisme 11 (discontinued)
€5,028
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
€1,494
Vlaams beschermingsmechanisme 12 (discontinued)
€1,213
Year Entries AwardedPaid
2025 1 €1,494€1,494
2022 2 €6,241€6,241

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend2025202420232022202120202019201820172016
30,53349,559-21,620-47,316-2,81217,30514,98536,27583,85332,019
29,86949,197-22,502-49,911-4,80816,48914,60930,36676,42722,563
0020,39427,54603,4178,600021,80849,045
14,66721,197-8,765-3,221-1,275-675-19,782-18,15344,494-
19,896-16,224-54,920-32,93536,6718,017-5,788-11,797-24,663-14,240
-1.3%-39.4%-130.3%-58.8%10.6%46.5%33.3%14.8%12.7%23.5%
1.560.690.250.471.851.330.810.870.760.60
----8.401.152.005.746.883.25
-----140.8%30.0%0.9%114.8%411.4%51.3%
31.3%70.5%-61.1%-95.9%-15.0%13.9%0.3%17.0%52.2%12.1%
42.5842.69-21.69-18.11------

The equity ratios are withheld because equity of -€922 is too small for a meaningful ratio.

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

Item31-12-202331-12-2022
Employees at the balance-sheet date11
full-time00
part-time11
in full-time equivalents0.80.8
0.91.1
On a permanent contract11
Joined14
Left14

Source: social balance sheet in the 2022 to 2023 annual accounts

Investments

fixed assets acquired
Item2025202420232022
Tangible fixed assets--€20,394€27,136
Financial fixed assets€0--€410
€7,506€7,506€7,981€6,342

Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)

Insights on CUBE ZERO

The operating result for 2025 is 45% lower than in 2024.

Equity is negative. Debt (€72,373) exceeds the balance-sheet total (€71,451).

Board & ownership

Board

1 director, last change in 2022
Director (not named in the articles), permanent representative
since 28-06-2017
earlier director, until 28-06-2022
also on the board of 3 other companies
listed in the 2025 annual accounts, filed on 17-07-2026
1 other company bankrupt
Permanent representatives 1
Permanent representative, for
appointed by deed of 14-11-2017

Office holders in the KBO →

Mandates through the years

4 names, the dashed line is today

Director (not named in the articles)

Manager

Manager

Manager
BoardEarliermandate already running before its first mention
Mandates as a list
    • Manager, from 28-06-2017 to 28-06-2022
    • Director (not named in the articles), since before 28-06-2022
    • Manager, appointed by deed of 14-02-2017, until 28-06-2017
    • Manager, appointed by deed of 14-02-2017, until 02-06-2017
    • Manager, until 01-01-2017

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
2025 annual accounts

Articles of association

deed of 28-06-2022 (in Dutch)
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
Board ruleThese rules set how the board is made up, meets and takes decisions.
“Één of meer, algemene vergadering kan steeds beëindigen wegens wettige reden zonder opzeggingstermijn of vertrekvergoeding”
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Last Friday of May at 20:30

The directors' other companies

1 current director with another company that went bankrupt, was dissolved or struck off

1 other company of this director went bankrupt (2021).

  • bankruptcy on 16-09-2021appointed in 2019, still in office

Source: Belgian Official Gazette (bankruptcies, judicial dissolutions, board mandates), FPS Economy (strike-offs) and the KBO register. A bankruptcy, dissolution or strike-off says nothing about the director's part in it.

Network & group

No group

CUBE ZERO has no parent and no holdings in its annual accounts. is the only director.

At the same address

Vlasmarkt 10, 9000 Ghent · 1 other company
Abdullah, Ibrahim (sole trader)
establishment since 06-08-2024
 founded in 2024
1012.238.352

Earlier ties

via , at CUBE ZERO until 2017 · Statutory director · deed of 24-05-2022
founded in 2011
 1 FTE (2026)
via , at CUBE ZERO until 2017 · Manager · deed of 31-05-2017
founded in 2008
 13 FTE (2025)
via , at CUBE ZERO until 2017 · Statutory director · deed of 28-12-2023
founded in 2005
 8.8 FTE (2025)
via , at CUBE ZERO until 2017 · Statutory director · deed of 24-11-2025
 founded in 2025

Connections & network

3 connected companies
Depth
Shared corporate director Shared corporate director Shared corporate director Shared corporate director Shared corporate director Shared corporate director Shared corporate director CUBE ZERO CUBE ZERO0505.806.696
Shared directors
This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.
Linked via shared directors
via · Manager · deed of 12-02-2020
Bankrupt · 2 FTE (2020)
via and (at CUBE ZERO until 2017) · Manager · deeds of 24-02-2020 and 22-03-2017
Founded in 2015 · total assets €33,555 (2025) · negative equity
via · Manager · deed of 24-02-2020
No longer active · total assets €11,751 (2023)

Timeline

Timeline

23 events since 2014

Deadline for the 2026 accounts: 31-07-2027

2026
Annual accounts 2025 filed NBBabbreviated format · 14 days before the deadline
2025
Liquidity more than doubled current ratio 1.56 The current ratio rises from 0.69 to 1.56. Short-term debt falls from €51,754 to €35,477.
Annual accounts 2024 filed PDFabbreviated format · 9 days before the deadline
Registered in the Peppol Directory Reachable for e-invoices through 0208:0505806696
Registered office moved within GhentNew registered office: Vlasmarkt 10 bus 001, 9000 Gent · Previous registered office: VLASMARKT 10- 9000 GENT · Permanent representative: · Board meeting of 16-04-20243 points ▸
  • Board meeting, 16-04-2024
  • Registered-office move, Vlasmarkt 10 bus 001, 9000 Gent
  • Permanent representative,

Open the deed in the Belgian Official Gazette

2024
Back to profit net €41,691 The net result is €41,691, after 3 loss-making years.
Annual accounts 2023 filed PDFabbreviated format · 29 days before the deadline
2023
Annual accounts 2022 filed PDFabbreviated format · 4 days before the deadline
2022
Weakest financial year net -€56,254 The net result drops to -€56,254, the lowest from 2016 to 2025. It recovers the following year.
1 director resigning, 1 reappointmentResignation: · Reappointment: (director) · Permanent representative: · General meeting of 22-06-20226 points ▸
  • General meeting, 22-06-2022
  • Director resignation,
  • Director reappointment, (director (not named in the articles))
  • Permanent representative,
  • Director discharge,
  • Registered office clause, Vlasmarkt 10, 9000 Gent
  • The deed holds 6 more points.

Open the deed in the Belgian Official Gazette

2021
Annual accounts 2021 filed PDFabbreviated format · 42 days before the deadline
2020
Annual accounts 2020 filed PDFabbreviated format · 44 days before the deadline
New manager appointed, resigned · Permanent representatives: and · General meeting of 29-11-20195 points ▸
  • General meeting, 29-11-2019
  • Director resignation, (manager)
  • Permanent representative,
  • Permanent representative, , mentioned twice in the deed
  • Director appointment, (manager)

Open the deed in the Belgian Official Gazette

Annual accounts 2019 filed PDFabbreviated format · 25 days before the deadline
2019
Annual accounts 2018 filed PDFabbreviated format · 20 days before the deadline
2017
Annual accounts 2017 filed PDFabbreviated format · 40 days before the deadline
New manager appointed, resigned · Permanent representative: · General meeting of 04-09-20175 points ▸
  • General meeting, 04-09-2017
  • Director resignation, (manager)
  • Director appointment, (manager)
  • Permanent representative,
  • Power of attorney,

Open the deed in the Belgian Official Gazette

Highest result from 2016 to 2025 net €62,446 ▲856% The operating result of €69,872 and the net result of €62,446 are both a record.
1 manager resigning. (manager) · Permanent representatives: and · General meeting of 06-05-20174 points ▸
  • General meeting, 06-05-2017
  • Director resignation, . (manager)
  • Permanent representative,
  • Permanent representative,

Open the deed in the Belgian Official Gazette

2 managers appointed, 1 resignationResignation: (manager) · Appointments: . (manager) and (manager) · Permanent representatives: and · General meeting of 12-01-20176 points ▸
  • General meeting, 12-01-2017
  • Director resignation, (manager)
  • Director appointment, . (manager)
  • Permanent representative,
  • Director appointment, (manager)
  • Permanent representative,

Open the deed in the Belgian Official Gazette

2016
Annual accounts 2016 filed PDFabbreviated format · 42 days before the deadline
2015
First establishment Vlasmarkt 10, Ghent
2014
Incorporation PDFpublished on 02-12-2014

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

CUBE ZERO was incorporated on 28 November 2014.1 The registered office was moved to Ghent in 2025.2 Total assets rose from €47,332 in 2019 to €71,451 in 2025 and headcount from 2.8 full-time equivalents in 2019 to 0.9 in 2023.3

  1. 1KBO register
  2. 2Belgian Official Gazette, 16-04-2025
  3. 3National Bank, annual accounts 2019, 2023 and 2025

Company details

Identity

Enterprise number
0505.806.696
VAT number
BE 0505.806.696
Peppol ID
0208:0505806696
Other Peppol ID
9925:BE0505806696
Legal form
Private limited company
Status
Active, normal situation
Founded
28-11-2014
Financial year
ends on 31 December
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Last Friday of May at 20:30
deed of 28-06-2022 (in Dutch)
Peppol
Reachable since 11-06-2025Follow this company and you will hear the next morning if it leaves the Peppol register.
Name
CUBE ZERO in Dutch
Entity type
Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 28-06-2022 (in Dutch)
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 28-06-2022 (in Dutch)

Activities

NACEBEL 2025
VAT activities
93299 Other amusement and recreation activities main activity
Social security (RSZ) activities
93299 Other amusement and recreation activities main activity
Joint committees annual accounts 2022
JC 333 Tourist attractions
Codes under NACEBEL 2008
VAT activities
93299 Other amusement and recreation activities main activity
Social security (RSZ) activities
93299 Other amusement and recreation activities main activity
PurposeThe purpose describes the activities the company may carry out under its articles.
“Uitbaten van niet-gereglementeerde vormen van georganiseerd amusement,entertainment,recreatie,sport en toerisme; Opzetten en organiseren van…”
6 activities
  1. Uitbaten van niet-gereglementeerde vormen van georganiseerd amusement,entertainment,recreatie,sport en toerisme
  2. Opzetten en organiseren van spelvormen binnen- en buitenshuis,zoektochten,teambuildingactiviteiten,verjaardags- en alle andere mogelijke vormen van(feest)dienstverlening
  3. Het uitgeven,verspreiden en verkopen van drukwerk,websites en alle andere mogelijke vormen van zowel digitale als analoge informatiedragers
  4. Het organiseren van spelvormen op een extra tijdelijke locatie,voor marketingdoeleinden
  5. Verkrijgen van octrooien en patenten op spelconcepten en puzzels,en daarbij horende uitbating van licenties en/of royalties aan derden,alsook de verkoop van puzzels en spellen
  6. Ontwikkelen,verkoop of verhuur van software-toegespitst op het beheer van organisatie van spelvormen,of daadwerkelijk ook electronische en/of digitale puzzels-aan derden
deed of 28-06-2022 (in Dutch)

Registered office and establishments

1 establishment
Establishment Since Unit number
Vlasmarkt 10 registered office 9000 Ghent 01-02-2015 2.237.108.723

Buildings and parcels at the address

Ground area
615 m²
Buildings
621 m²
Volume, LiDAR
6,297 m³
Tallest building
18.4 m
Buildings to scale, each on its own parcel
621 m², 18.4 m 621 m², 18.4 m

Location

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

Parcels

Cadastral parcelArea Buildings Height / floors
44802B0708/00F000
ProtectedMonumentHotel Van Hoobrouck de MoreghemSource ↗
615 m² 1 · 621 m² 18.4 m · 3

1 of these parcels carries protected heritage. Expect extra rules on renovation or sale.

Contact

E-mail cubezerobvba@gmail.com
Phone +32 9 395 55 53 establishment in Gent

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