CUBE4
ActiveSummary
CUBE4 has been active since 2015 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €29,264 and a net result of €4,000. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 21% of 658 sector peers (NACE 16, financial year 2025). The computed 12-month bankruptcy probability is 0.9% (low).
Overview
Activity
Manufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials
NACE 16210
1 site
Size
≈ €260,000turnover 2025, estimated
- Staff
- ≈ 1.5 FTE, estimated
- Equity
- €29,264
- Profit
- €4,000
Turnover estimated from the gross margin
Structure
- Laurens DemaertelaereDirector
- Willem VermassenDirector
2025 accounts 85 days early2 of 3 deeds summarised
Why 67raises riskLiquidity: current ratio 0.50, cash €598, halvedSector: Manufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials (NACE 16)Equity €29,264 (9.6% of total assets)lowers riskSize: total assets €306,396Show the evidence
Checked score
Score 2025
67
/ 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially better than 38% of its sector peers (NACE 16, micro)
Financial strength · tick = 2024
Average
Solvency
35+2
equity 9.6% of total assets
Liquidity
35-11
short-term debt 34.8% · cash 0.2%
Profitability
69-5
return on assets 1.3%
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
About 9 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 2.2%
12-2024: 2.2%● unchanged vs 11-2024
01-2025: 2.2%● unchanged vs 12-2024
02-2025: 2.2%● unchanged vs 01-2025
03-2025: 2.2%● unchanged vs 02-2025
04-2025: 2.4%▲ +0.2 percentage points vs 03-2025
05-2025: 2.6%▲ +0.2 percentage points vs 04-2025
06-2025: 2.6%● unchanged vs 05-2025
07-2025: 2.8%▲ +0.2 percentage points vs 06-2025highest value
08-2025: 1.7%▼ -1.1 percentage points vs 07-2025
09-2025: 0.6%▼ -1.1 percentage points vs 08-2025
10-2025: 0.6%● unchanged vs 09-2025
11-2025: 0.6%● unchanged vs 10-2025
12-2025: 0.6%● unchanged vs 11-2025
01-2026: 0.6%● unchanged vs 12-2025
02-2026: 0.6%● unchanged vs 01-2026
03-2026: 0.6%● unchanged vs 02-2026lowest value
04-2026: 0.6%● unchanged vs 03-2026
05-2026: 0.6%● unchanged vs 04-2026
06-2026: 0.9%▲ +0.3 percentage points vs 05-2026
07-2026: 0.9%● unchanged vs 06-2026
08-2026: 0.9%● unchanged vs 07-2026
09-2026: 0.9%● unchanged vs 08-2026
10-2026: 0.9%● unchanged vs 09-2026
Credit of up to €1,500 on 30-day terms is acceptable
Liquidity insufficient (current ratio 0.5, compared with 0.48 in 2024, below 1; short-term debt: 34.8% and cash: 0.2% of total assets), and 90.4% of the assets are financed with debt and provisions.
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 16, micro): better than 19% on solvency, 24% on liquidity, 41% on profitability and 68% on growth.
The bankruptcy probability was computed on 30-10-2026 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).
Credit check for your own amount and term
Show the recommended maximum and see how the verdict changes with amount, term and advance.
Signals
Seven signals.
lowers riskraises riskneutral
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 21% of 658 sector peers (2025).
NBB · sector comparisonPosition among 658 sector peers
Solvency
better than 21%
← weakest
strongest →
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €29,264
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 07-05-2026, 85 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
85 days early
2024
11 days late
2023
22 days late
2022
40 days early
2021
9 days early
2020
2 days early
2019
10 days 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 16 days before the deadline; the sector median (NACE 16) for financial year 2024 is 3 days before the deadline, and 37% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 22 July (4 of the last 5 filed years within 32 days of that day).
Companies Code · seven monthsWhere today falls in the filing period
31-10-2026 today31-12-2026 year end31-07-2027 deadline
- Annual accounts filedfinancial year 2025 · micro…
- Annual accounts filedfinancial year 2024 · micro…
- Appointment: Laurens Demaertelaere (director)Gazette deed
Financials · financial year 2025, micro format
Turnover
≈ €260,000
Estimated: probably between €170,000 and €450,000
Total assets
€306,396▼ 6.7%
2024 · €328,573
Net result
€4,000▼ 79.0%
2024 · €19,057
Working capital
-€53,493▲ 14.4%
2024 · -€62,469
Trend over the years
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result falls in 2025; 2025 is 65% below 2024.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Operating result€9,781
2025
Net result€4,000
2025
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€306,396
2025
Equity€29,264
2025
Debt€277,132
2025
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital-€53,493
2025
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
Return on assets (ROA)1.3%
2025
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Solvency9.6%
2025
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Current ratio0.50
2025
Average staff in full-time equivalents (FTE).
Staff (FTE)3.8
2024
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 16, Manufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials: 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).
Every figure with its change against the financial year before
favourable
unfavourable
Line20182019202020212022202320242025
Operating result€3,827-€15,845▲ 314%€30,511▲ 92.6%€11,744▼ 61.5%€40,187▲ 242%-€51,308€28,181€9,781▼ 65.3%
Net result€2,434-€13,900▲ 471%€26,129above the sector's middle half▲ 88.0%€2,556within the sector's middle half▼ 90.2%€28,922above the sector's middle half▲ 11×-€57,522below the sector's middle half€19,057within the sector's middle half€4,000within the sector's middle half▼ 79.0%
Equity€10,175-€24,075▲ 137%€50,203within the sector's middle half▲ 109%€52,760within the sector's middle half▲ 5.1%€51,179within the sector's middle half▼ 3.0%€6,207below the sector's middle half▼ 87.9%€25,264within the sector's middle half▲ 307%€29,264within the sector's middle half▲ 15.8%
Total assets€67,203-€51,094▼ 24.0%€306,674within the sector's middle half▲ 500%€366,441within the sector's middle half▲ 19.5%€434,204above the sector's middle half▲ 18.5%€337,188within the sector's middle half▼ 22.3%€328,573within the sector's middle half▼ 2.6%€306,396within the sector's middle half▼ 6.7%
Debt€57,028-€27,019▼ 52.6%€256,470▲ 849%€313,681▲ 22.3%€383,025▲ 22.1%€330,981▼ 13.6%€303,309▼ 8.4%€277,132▼ 8.6%
Working capital€7,662-€5,134▼ 33.0%-€134,605below the sector's middle half-€26,123below the sector's middle half▲ 80.6%-€19,659below the sector's middle half▲ 24.7%-€74,019below the sector's middle half▼ 277%-€62,469below the sector's middle half▲ 15.6%-€53,493below the sector's middle half▲ 14.4%
Solvency15.1%-47.1%▲ 32.0pp16.4%within the sector's middle half▼ 30.7pp14.4%within the sector's middle half▼ 2.0pp11.8%below the sector's middle half▼ 2.6pp1.8%below the sector's middle half▼ 9.9pp7.7%below the sector's middle half▲ 5.8pp9.6%below the sector's middle half▲ 1.9pp
Current ratio1.20-1.25▲ 0.050.28below the sector's middle half▼ 0.970.73below the sector's middle half▲ 0.450.88within the sector's middle half▲ 0.150.43below the sector's middle half▼ 0.450.48below the sector's middle half▲ 0.050.50below the sector's middle half▲ 0.02
Return on assets (ROA)3.6%-27.2%▲ 23.6pp8.5%within the sector's middle half▼ 18.7pp0.7%within the sector's middle half▼ 7.8pp6.7%within the sector's middle half▲ 6.0pp-17.1%below the sector's middle half▼ 23.7pp5.8%within the sector's middle half▲ 22.9pp1.3%within the sector's middle half▼ 4.5pp
Staff (FTE)1-1.1▲ 10.0%1.8within the sector's middle half▲ 63.6%3.9▲ 117%3.83.8=
above
within
below
the middle half of NACE 16, Manufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials: 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.
Turnover and EBIT margin not published: the micro format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €306,396
Fixed assets
€253,375 ▼ 6.8%
Current assets
€53,021 ▼ 6.5%
Equity and liabilities €306,396
Equity
€29,264 ▲ 15.8%
Debt
€277,132 ▼ 8.6%
Debt's share of the balance-sheet total falls from 92.3% to 90.4%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€33,917▼
2024 · €54,660
Cash flow
€28,137▼
2024 · €45,536
Quick ratio
0.40▲
2024 · 0.38
Debt to equity
9.47▼
2024 · 12.01
ROE
13.7%▼
2024 · 75.4%
Interest coverage
5.79▲
2024 · 5.73
Debt ≤ 1 year
€106,514▼
2024 · €119,186
Debt > 1 year
€170,617▼
2024 · €184,123
Staff costs
€48,367▼
2024 · €236,415
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 1,375 companies that looked in July 2024 the way this one looks now, 2.2% went bankrupt within 24 months and 95.9% are still going.
- Micro
- 10 to 20 years old
- solvency under 10%
- a profit under 5% of the balance sheet
2.2%
went bankrupt
1.6%
stopped otherwise
95.9%
still going
A further 0.3% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.9% 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 1,375 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 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €0 | - | - | - | - | - |
| Remuneration, social security and pensions62 | - | - | - | €166,753 | €189,652 | €187,064 | €236,415 | €48,367 | ▼ 79.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €10,891 | €12,492 | €12,257 | €20,553 | €25,694 | €26,213 | €26,479 | €24,137 | ▼ 8.8% |
| Other operating charges640/8 | - | - | - | €2,713 | €1,396 | €4,885 | €4,129 | €4,203 | ▲ 1.8% |
| Gross operating margin9900 | €47,395 | €71,294 | €102,839 | €201,763 | €256,929 | €166,854 | €295,203 | €86,487 | ▼ 70.7% |
| Operating profit (loss)9901 | €3,827 | €15,845 | €30,511 | €11,744 | €40,187 | -€51,308 | €28,181 | €9,781 | ▼ 65.3% |
| Financial income75/76B | - | - | - | €61 | €47 | €32 | €423 | €75 | ▼ 82.3% |
| Recurring financial income75 | €0 | €8 | €41 | €61 | €47 | €32 | €423 | €75 | ▼ 82.3% |
| Financial charges65/66B | - | - | - | €5,994 | €7,467 | €6,246 | €9,547 | €5,855 | ▼ 38.7% |
| Recurring financial charges65 | €458 | €265 | €2,453 | €5,994 | €7,467 | €6,246 | €9,547 | €5,855 | ▼ 38.7% |
| Profit (loss) for the period before taxes9903 | €3,370 | €16,231 | €28,741 | €5,811 | €32,767 | -€57,522 | €19,057 | €4,000 | ▼ 79.0% |
| Income taxes67/77 | €936 | €2,331 | €2,613 | €3,255 | €3,844 | €0 | - | - | - |
| Profit (loss) for the period9904 | €2,434 | €13,900 | €26,129 | €2,556 | €28,922 | -€57,522 | €19,057 | €4,000 | ▼ 79.0% |
| Profit (loss) for the period to be appropriated9905 | €2,434 | €13,900 | €26,129 | €2,556 | €28,922 | -€57,522 | €19,057 | €4,000 | ▼ 79.0% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €67,203 | €51,094 | €306,674 | €366,441 | €434,204 | €337,188 | €328,573 | €306,396 | ▼ 6.7% |
| Fixed assets21/28 | €21,439 | €25,824 | €253,980 | €296,882 | €293,930 | €282,113 | €271,856 | €253,375 | ▼ 6.8% |
| Intangible fixed assets21 | €1,844 | €236 | €118 | €0 | - | - | €1,475 | €809 | ▼ 45.2% |
| Tangible fixed assets22/27 | €19,595 | €25,588 | €251,588 | €294,608 | €291,656 | €279,837 | €268,082 | €252,566 | ▼ 5.8% |
| Land and buildings22 | - | - | - | €251,909 | €258,574 | €248,423 | €250,556 | €238,463 | ▼ 4.8% |
| Plant, machinery and equipment23 | - | - | - | €7,750 | €8,004 | €12,516 | €6,548 | €7,024 | ▲ 7.3% |
| Furniture and vehicles24 | - | - | - | €3,255 | €853 | €2,139 | €1,688 | €4,612 | ▲ 173% |
| Leasing and similar rights25 | - | - | - | €31,693 | €24,226 | €16,758 | €9,290 | €2,467 | ▼ 73.4% |
| Financial fixed assets28 | - | - | €2,274 | €2,274 | €2,274 | €2,276 | €2,299 | €0 | ▼ 100% |
| Current assets29/58 | €45,764 | €25,270 | €52,693 | €69,559 | €140,274 | €55,075 | €56,716 | €53,021 | ▼ 6.5% |
| Stocks and contracts in progress3 | - | - | - | €11,000 | €15,000 | €14,000 | €12,000 | €10,360 | ▼ 13.7% |
| Stocks30/36 | - | - | - | €11,000 | €15,000 | €14,000 | €12,000 | €10,360 | ▼ 13.7% |
| Amounts receivable within one year40/41 | €10,259 | €12,175 | €10,739 | €52,852 | €110,472 | €16,437 | €6,138 | €35,428 | ▲ 477% |
| Trade receivables40 | - | - | - | €52,762 | €108,800 | €15,670 | €5,805 | €30,860 | ▲ 432% |
| Other amounts receivable41 | - | - | - | €90 | €1,673 | €766 | €333 | €4,568 | ▲ 14× |
| Current investments50/53 | - | - | - | €100 | - | - | - | - | - |
| Cash at bank and in hand54/58 | €35,232 | €11,259 | €39,076 | €1,715 | €5,589 | €14,139 | €31,955 | €598 | ▼ 98.1% |
| Deferred charges and accrued income490/1 | - | - | - | €3,892 | €9,213 | €10,499 | €6,624 | €6,634 | ▲ 0.2% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €67,203 | €51,094 | €306,674 | €366,441 | €434,204 | €337,188 | €328,573 | €306,396 | ▼ 6.7% |
| Equity10/15 | €10,175 | €24,075 | €50,203 | €52,760 | €51,179 | €6,207 | €25,264 | €29,264 | ▲ 15.8% |
| Contributions10/11 | €6,200 | €6,200 | - | €6,200 | €6,200 | €18,750 | €18,750 | €18,750 | = |
| Reserves13 | €2,404 | €16,294 | €42,422 | €44,979 | €44,979 | €44,979 | €44,979 | €44,979 | = |
| Non-distributable reserves130/1 | - | - | - | €120 | €120 | €120 | €120 | €120 | = |
| Reserves not available under the articles1311 | - | - | - | €120 | €120 | - | - | €0 | - |
| Other1319 | - | - | - | - | - | €120 | €120 | €120 | = |
| Distributable reserves133 | - | - | - | €44,858 | €44,858 | €44,858 | €44,858 | €44,858 | = |
| Profit (loss) carried forward14 | €1,571 | €1,580 | €1,581 | €1,581 | €0 | -€57,522 | -€38,465 | -€34,464 | ▲ 10.4% |
| Amounts payable17/49 | €57,028 | €27,019 | €256,470 | €313,681 | €383,025 | €330,981 | €303,309 | €277,132 | ▼ 8.6% |
| Amounts payable after more than one year17 | €6,238 | €2,819 | €65,954 | €217,999 | €223,092 | €201,887 | €184,123 | €170,617 | ▼ 7.3% |
| Financial debts170/4 | - | - | - | €217,999 | €223,092 | €201,887 | €184,123 | €170,617 | ▼ 7.3% |
| Amounts payable within one year42/48 | €38,102 | €20,136 | €187,299 | €95,682 | €159,933 | €129,094 | €119,186 | €106,514 | ▼ 10.6% |
| Current portion of amounts payable after more than one year42 | - | - | - | €16,467 | €14,592 | €17,806 | €17,445 | €13,491 | ▼ 22.7% |
| Financial debts43 | - | - | - | €95 | €10 | €129 | €320 | €12,837 | ▲ 40× |
| Credit institutions430/8 | - | - | - | €95 | €10 | €129 | €320 | €21 | ▼ 93.4% |
| Other loans439 | - | - | - | - | - | - | - | €12,816 | - |
| Trade debts44 | €28,095 | €11,834 | €151,267 | €45,274 | €77,669 | €56,523 | €43,648 | €31,277 | ▼ 28.3% |
| Suppliers440/4 | - | - | - | €45,274 | €77,669 | €56,523 | €43,648 | €31,277 | ▼ 28.3% |
| Taxes, remuneration and social security45 | - | - | - | €24,168 | €25,578 | €24,261 | €7,058 | €8,433 | ▲ 19.5% |
| Taxes450/3 | - | - | - | €12,677 | €7,958 | €11,480 | €7,058 | €3,731 | ▼ 47.1% |
| Remuneration and social security454/9 | - | - | - | €11,491 | €17,621 | €12,781 | €0 | €4,701 | - |
| Other amounts payable47/48 | - | - | - | €9,679 | €42,084 | €30,375 | €50,715 | €40,476 | ▼ 20.2% |
| Accrued charges and deferred income492/3 | - | - | - | €0 | - | - | - | - | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €2,434 | €13,900 | €26,129 | €2,556 | €28,922 | -€57,522 | €19,057 | €4,000 | ▼ 79.0% |
| + Depreciation and write-downs630 | €10,891 | €12,492 | €12,257 | €20,553 | €25,694 | €26,213 | €26,479 | €24,137 | ▼ 8.8% |
| Operating cash flow (approximation) | €13,325 | €26,392 | €38,385 | €23,109 | €54,617 | -€31,309 | €45,536 | €28,137 | ▼ 38.2% |
| Investment in fixed assets (approximation) | - | -€16,877 | -€240,413 | -€63,454 | -€22,742 | -€14,395 | -€16,222 | -€5,655 | ▲ 65.1% |
| Change in cash | - | -€23,974 | €27,818 | -€37,361 | €3,874 | €8,550 | €17,815 | -€31,356 | - |
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 (10)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | micro format | 07-05-2026 | 2026-00109878 |
| 31-12-2024 | micro format | 11-08-2025 | 2025-00371547 |
| 31-12-2023 | micro format | 22-08-2024 | 2024-00370632 |
| 31-12-2022 | micro format | 21-06-2023 | 2023-00174454 |
| 31-12-2021 | micro format | 22-07-2022 | 2022-20244123 |
| 31-12-2020 | micro format | 29-07-2021 | 2021-46000155 |
| 31-12-2019 | micro format | 21-07-2020 | 2020-34600178 |
| 31-12-2018 | micro format | 24-07-2019 | 2019-39900183 |
| 31-12-2017 | micro format | 04-07-2018 | 2018-31100086 |
| 31-12-2016 | micro format | 29-06-2017 | 2017-25900153 |
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BE 0795.151.362
Jette · equity €34,772
Of the 102 active companies whose main activity is manufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials (NACE 16210), figures are known for 75. 24 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector
Subsidies and aid
Flemish government
2024 · 1 entry · €600 awarded · €600 paidPublic contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Directors
2 directors, last change in 2025
Laurens Demaertelaere
CurrentDirector · since 07-04-2025
Willem Vermassen
CurrentDirector
Derived from published Gazette deeds. The KBO keeps the official list of office holders; we do not read it, so the two can differ.
See the directors and other office holders in the KBO →
Not every act has been read: a resignation may still be missing
1 of this company's 3 Belgian Official Gazette deeds has not been read yet. Appointments and resignations recorded in them are not yet in the list of directors: someone who resigned there may still be listed as sitting. The acts are in the Timeline.
Mandate history
2 people since 2023, 2 in office
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| Willem Vermassen |
|
| Laurens Demaertelaere |
|
Owners and capital
Owners
No owners or capital events in the accounts and acts we read.
Group and network
Connections & network
2 current directorsThe network starts from this company’s directors. Other companies they run appear here as nodes.
This company
Company
Director
Shareholding
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History
Acts, filings and financial milestones
Next filing, financial year 2026, expected by
2026
07-05
NBB filing
Annual accounts filed
financial year 2025 · micro format
2025
11-08
NBB filing
Annual accounts filed
financial year 2024 · micro format · 11 days late
30-05
Gazette deed
Appointment: Laurens Demaertelaere (director)4 facts ▸
Gazette deed
Appointment: Laurens Demaertelaere (director)
4 facts ▸
- General meeting, 07-04-2025
- Director appointment, Laurens Demaertelaere (director)
- Board composition, Willem Vermassen (director)
- Board composition, Laurens Demaertelaere (director)
2024
31-12
Financial
Back to profitnet €19,057
Net result €19,057 after one loss-making year.
22-08
NBB filing
Annual accounts filed
financial year 2023 · micro format · 22 days late
2023
31-12
Financial
Weakest financial yearnet -€57,522
Net result drops to -€57,522, the lowest in the series; recovery starts the following year.
20-07
Gazette deed
Resignation: Willem Vermassen (director)Reappointment: Willem Vermassen (director) · Amendment of the articles · Director discharge8 facts ▸
Gazette deed
Resignation: Willem Vermassen (director)
Reappointment: Willem Vermassen (director) · Amendment of the articles · Director discharge8 facts ▸
- General meeting, 26-06-2023
- Amendment of the articles
- Other provision, “geen” (deed in Dutch)
- Director resignation, Willem Vermassen (director)
- Director reappointment, Willem Vermassen (director)
- Director discharge, Willem Vermassen (ontslagnemende zaakvoerder)
- Board meeting, “bestuurder” (deed in Dutch)
- Registered-office move, 9000 Gent,Tapuitstraat 1
21-06
NBB filing
Annual accounts filed
financial year 2022 · micro format
2022
31-12
Financial
Highest result from 2018 to 2025net €28,922 ▲1,031%
Operating result €40,187, net result €28,922, both a record.
22-07
NBB filing
Annual accounts filed
financial year 2021 · micro format
2021
29-07
NBB filing
Annual accounts filed
financial year 2020 · micro format
2020
21-07
NBB filing
Annual accounts filed
financial year 2019 · micro format
Show earlier events
2019
24-07
NBB filing
Annual accounts filed
financial year 2018 · micro format
2018
04-07
NBB filing
Annual accounts filed
financial year 2017 · micro format
2017
29-06
NBB filing
Annual accounts filed
financial year 2016 · micro format
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.
2 of 3 deeds read
About the unread acts
Of the 3 Belgian Official Gazette deeds we know for this company, 2 have been read. The other one has not been read yet: what they contain is neither established nor disproved here.
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Register details
Identification
Legal formPrivate limited company
Founded14-12-2015
Financial year end31-12
Activities, NACEBEL 2025
16210Manufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials
Contact
E-mail
elyzeesevelden@hotmail.com
E-invoicing
Reachable via Peppol
Peppol ID
0208:0644548172
Also
9925:BE0644548172
Registered
01-12-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 31 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
Location & real-estate footprint
Registered office, Gent · 1 establishment unit since 2016
Ground area
1,516 m²
Building footprint
834 m²
Building volume
371 m³
Parcel 44813T0239/00C000, Flanders · tallest building 9.8 m. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
Tapuitstraat 1, 9000 Gent
since 2016unit no. 2.250.273.108
1 parcel
Flanders
1
(100%)
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 44813T0239/00C000 | Flanders | 1,516 m² | 1 · 834 m² | 9.8 m |
How the parcels are linked
Good to know
The parcel matches the address exactly.
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “Ontwerp en constructie van houten buitenruimtes, zoals poolhouses, tuinhuizen, carport, tuinberging, buitensauna’s, terrassen en zo meer…” (deed in Dutch)
21 activities (deed in Dutch)
- Ontwerp en constructie van houten buitenruimtes, zoals poolhouses, tuinhuizen, carport, tuinberging, buitensauna’s, terrassen en zo meer
- Ontwerp en productie van houten binnen- en buitenmeubilair, zoals kasten, stoelen, tafels en zo meer
- Schrijnwerk
- Zij zal de verrichtingen in eigen naam en voor eigen rekening mogen doen, maar ook voor rekening van haar aandeelhouders, en zelfs voor rekening van derden, inzonderheid in de hoedanigheid van commissionair
- Alle consulting- en managementactiviteiten gericht op bedrijven, ondernemingen of private personen in het algemeen
- Het opnemen van bestuur- en/of uitvoerende management mandaten in andere vennootschappen
- Het patrimonium onder meer bestaande uit onroerende goederen te behouden, in de ruimste zin van het woord te beheren en oordeelkundig uit te breiden
- De vennootschap mag alle roerende of onroerende goederen die nodig zijn tot de verwezenlijking van haar voorwerp kopen, opschikken, uitrusten, valoriseren, bouwen, verhuren of in huur nemen van onroerende goederen al dan niet gemeubeld, verpachten, verkopen of ruilen, alle vergunningen nemen, bekomen, aankopen en afstaan en in het algemeen alles verrichten dat rechtstreeks of onrechtstreeks bij haar voorwerp aansluit of dat van aard is de verwezenlijking ervan te vergemakkelijken
- Het verwerven en aanhouden van participaties in eender welke vorm, in alle bestaande of op te richten, industriële, commerciële, financiële vennootschappen of ondernemingen
- Het stimuleren, de planning, organisatie en de coördinatie van de ontwikkeling van de vennootschappen en ondernemingen, waarin ze al of niet een participatie aanhoudt
- De inbreng, samensmelting, tussenkomst, overname, deelneming, aankoop, verkoop van en in andere ondernemingen, vennootschappen, verenigingen, die een gelijkaardig of een aanverwant voorwerp nastreven of van aard zijn de activiteiten, toeleveringsbedrijven of afzetgebieden te ontwikkelen, te ondersteunen of uit te breiden
- Het verlenen van adviezen van financiële, technische, commerciële of administratieve aard in de ruimste zin, zowel rechtstreeks als onrechtstreeks bijstand en dienstenverlening op het vlak van administratie, financiën, verkoop, productie en algemeen beheer, met uitsluiting van alle activiteiten wettelijk voorbehouden aan erkende financiële instellingen en andere tussenpersonen en beroepsbeoefenaars, voor zover daartoe géén erkenning en/of inschrijving werd bekomen
- Het toestaan van leningen en kredietopeningen aan vennootschappen of aan particulieren onder gelijk welke vorm, de vennootschap kan zich borg stellen of aval verlenen ten gunste van vennootschappen, waarin de vennootschap rechtstreeks of onrechtstreeks deelneemt op welke wijze ook of ten gunste van derden mits de vennootschap daarbij een belang heeft en in de meest ruime zin alle handels- en financiële operaties verrichten, behalve deze die wettelijk voorbehouden zijn aan depositobanken, houders van deposito's op korte termijn, spaarbanken, hypotheekmaatschappijen en kapitalisatieondernemingen
- Alle verrichtingen van mandaat, agentuur, franchise of van commissie in verband met de hoger omschreven operaties
- Het beleggen van beschikbare middelen in alle roerende goederen en waarden, een portefeuille van roerende waarden beheren en dienaangaande aankopen en verkopen verrichten zonder speculatief karakter
- Het verwerven, verhandelen, verkopen, bezit, eigendom, pacht, huur, franchise, leasing van alle vormen van roerende en onroerende goederen
- De vennootschap kan verder tot voorwerp hebben het besturen van vennootschappen, welk voorwerp deze vennootschappen ook mochten hebben, het deelnemen in en directie voeren over ondernemingen en vennootschappen, alsook het uitoefenen van de functie van bestuurder of analoge functies zoals vereffenaar in vennootschappen en andere rechtspersonen
- De vennootschap mag om het even welke gelijkaardige of aanverwante handelingen stellen, die van aard zijn de verwezenlijking van haar voorwerp te vergemakkelijken of uit te breiden
- Zij mag haar voorwerp verwezenlijken op gelijk welke plaats of op gelijk welke wijze en volgens de modaliteiten, die haar het best geschikt lijken
- De vennootschap mag op welke wijze ook betrokken zijn in zaken, ondernemingen of vennootschappen die hetzelfde, een soortgelijk of samenhangend voorwerp hebben, of die de ontwikkeling van haar onderneming kunnen bevorderen, haar grondstoffen kunnen leveren of de afzet van haar producten kunnen vergemakkelijken
- Zij kan zelfs zaken doen die geen verband houden met voor beschreven voorwerp wanneer zij in de rechten treedt van een in gebreke gebleven schuldenaar
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- CUBE4
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaams Gewest” (deed in Dutch)
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- “Één of meer bestuurders, natuurlijke personen of rechtspersonen, al dan niet aandeelhouder, algemene vergadering” (deed in Dutch)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Last Friday of May at 20:00