CUBI-Q

Active

Private limited companyfounded 20178 yrs activeLt. Graffplein 15, 1780 Wemmel, BelgiumKBO/BCE: BE 0680.989.686

The computed 12-month bankruptcy probability of CUBI-Q is 1.9% (moderate). The 2024 annual accounts show equity of €27k and a net result of €11k. Equity is growing by ~71.2% per year across the filed fiscal years. Its solvency ranks better than 37% of 18937 sector peers (fiscal year 2024). The company has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals.

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Checked score

Score 2024

78 / 100

Excellent▲ +10 vs 2023

The score combines four axes. Every signal that weighs is under Signals.

Axes · tick = 2023

Profitability45▼-27

Solvency23▲+2

Growth85▲+7

Stability100

Bankruptcy probability, 12 months

1.9% Moderate

0%0.5%1.5%4%10%≥ 25%

Credit up to €2k at 30 days only on tighter terms

Liquidity tight (current ratio 1.14 against 1.11 in 2023), and 86.5% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Five signals. The signal on the left, the evidence on the right.

+raises risk○neutral

Higher-failure-rate sector

In this sector companies fail more often than the Belgian average.

Gazette · bankruptcies per sector, NACE 49

Relative position

BE, all sectors

reference

Sector 49

higher

← fewer bankruptcies more bankruptcies →

Annual accounts: weaker financial profile

The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.

NBB · annual accounts 2024

Solvency, return and age of the figures

Solvency

13.5%

Return on assets

5.2%

Age of the figures

26 mo

Annual accounts not filed

The financial year that closed on 30-06-2025 was due at the National Bank by 31-01-2026. Nothing is on record, 225 days later.

NBB · 6 filings

Position against the passed deadline

30-06-2025 close31-01-2026 deadline13-09-2026 today

Latest accounts filed on time

The financial year that closed on 30-06-2024 was due by 31-01-2025 and was filed on 05-01-2025, 26 days ahead of the deadline.

NBB · 6 filings

Deviation from the deadline

2025

not filed

2024

26 d early

2023

218 d late

2022

50 d early

2021

47 d early

2020

3 d early

2019

32 d early

← before the deadline after the deadline →

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2024, micro schema

Turnover

€982k▲ 393%

2023 · €199k

2023: €199k

2023 → 2024

EBIT margin

1.2%▼ 2.7pp

2023 · 3.9%

2023: 3.9%

2023 → 2024

Net result

€11k▲ 38.7%

2023 · €8k

2019: €-6k 2020: €-2k 2021: €8k 2022: €3k 2023: €8k

2019 → 2024

Working capital

€24k▲ 42.9%

2023 · €17k

2019: €536 2020: €-2k 2021: €6k 2023: €17k

2019 → 2024

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20202021202220232024Trend

Turnover€199k€982k▲ 393%

Equity€-2k-€6k€9k▲ 47.2%€17k▲ 85.5%€27k▲ 63.9%

Operating result€-2k-€8k€2k▼ 68.0%€8k▲ 216%€12k▲ 48.3%

Net result€-2k-€8k€3k▼ 63.4%€8k▲ 167%€11k▲ 38.7%

Turnover and EBIT margin not published: the micro schema does not require them.

Result per fiscal year

Operating resultNet result

After the dip in 2022 the operating result has climbed two years in a row; 2024 is 48% above 2023 and is the highest year so far.

Balance-sheet composition

2024 in colour, 2023 as the grey bar beneath

Assets €203k

98.3%

Fixed assets €3k

Current assets €199k

Equity and liabilities €203k

13.5%

86.5%

Equity €27k▲ 63.9%

Debt €176k▲ 20.5%

The debt ratio falls from 89.7% to 86.5%: equity grows faster than debt.

Key figures and ratios

2024 value · change against 2023

EBITDA

€12k

Cash flow

€11k

Solvency

13.5%▲

2023 · 10.3%

Current ratio

1.14▲

2023 · 1.11

Quick ratio

1.14▲

2023 · 1.11

Debt / equity

6.43▼

2023 · 8.75

ROE

39.0%▼

2023 · 46.1%

ROA

5.2%▲

2023 · 4.7%

Interest coverage

36.66

Debt

€176k▲

2023 · €146k

Debt ≤ 1 year

€176k▲

2023 · €146k

Income taxes

€556

Staff costs

€136k▲

2023 · €3k

Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.

Filed annual accounts

As filed with the NBB · 2024 against 2023

Balance sheet Code20232024

Assets

Total assets20/58€162k€203k▲

Fixed assets21/28-€3k

Tangible fixed assets22/27-€3k

Furniture and vehicles24-€3k

Current assets29/58€162k€199k▲

Amounts receivable within one year40/41€162k€199k▲

Trade receivables40€153k€190k▲

Other amounts receivable41€9k€9k▼

Cash at bank and in hand54/58-€310

Equity and liabilities

Total equity and liabilities10/49€162k€203k▲

Equity10/15€17k€27k▲

Contributions10/11€6k€6k=

Outside capital11€6k€6k=

Other1109/19€6k€6k=

Reserves13€522€2k▲

Non-distributable reserves130/1€522€2k▲

Reserves not available under the articles1311€522€2k▲

Profit (loss) carried forward14€10k€20k▲

Amounts payable17/49€146k€176k▲

Amounts payable within one year42/48€146k€176k▲

Trade debts44€120k€145k▲

Suppliers440/4€120k€145k▲

Taxes, remuneration and social security45€26k€30k▲

Taxes450/3€16k€15k▼

Remuneration and social security454/9€10k€15k▲

Income statement Code20232024

Turnover70€199k€982k▲

Goods, raw materials, services and sundry goods60/61€188k€833k▲

Remuneration, social security and pensions62€3k€136k▲

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€738

Other operating charges640/8€374€784▲

Gross operating margin9900€12k€149k▲

Operating profit (loss)9901€8k€12k▲

Financial income75/76B-€10

Recurring financial income75-€10

Financial charges65/66B€94€335▲

Recurring financial charges65€94€335▲

Profit (loss) for the period before taxes9903€8k€11k▲

Income taxes67/77-€556

Profit (loss) for the period9904€8k€11k▲

Profit (loss) for the period to be appropriated9905€8k€11k▲

Appropriation of the result

Profit (loss) to be appropriated9906€10k€21k▲

Profit (loss) brought forward from the previous period14P€3k€10k▲

Transfer to equity691/2€522€1k▲

To the legal reserve6920€522€1k▲

The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Download as CSV

Timeline · acts, filings and financial milestones

All 9Financial 3Filings 6

2025

05-01

NBB filing Annual accounts filed

fiscal year 2024 · micro schema

2024

05-09

NBB filing Annual accounts filed

fiscal year 2023 · micro schema · 218 days late

30-06

Financial Highest result since 2019net €11k ▲38.7%

Operating result €12k, net result €11k, both a record.

2022

12-12

NBB filing Annual accounts filed

fiscal year 2022 · micro schema

2021

15-12

NBB filing Annual accounts filed

fiscal year 2021 · micro schema

30-06

Financial Back to profitnet €8k

Net result €8k after 2 loss-making years.

30-06

Financial Liquidity times 173current ratio 68.38

Current ratio from 0.39 to 68.38; short-term debt falls from €3k to €91.

28-01

NBB filing Annual accounts filed

fiscal year 2020 · micro schema

2019

30-12

NBB filing Annual accounts filed

fiscal year 2019 · micro schema

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

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, Wemmel · 1 establishment unit since 2017

establishment The establishment unit on the map

Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Lt. Graffplein 151780 Wemmel

Ground area

147 m²

Building footprint

144 m²

Volume, LiDAR

1,543 m³

Parcel 22662B0387/00R004, Flanders · tallest building 14.9 m, ±4 floors. Linked by address, not a title deed.

1 establishment unit

CUBI-Q SRL

Lt. Graffplein 15, 1780 WemmelPlumbing work

since 20172.267.630.366

1 parcel

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
22662B0387/00R004	Flanders	147 m²	1 · 144 m²	14.9 m · 4 fl.

Linked by address, not proof of ownership

Methodology

via registered seat: 1

1 of 1 parcel with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Recognitions · licences · registrations

Parcel delivery

Notified to the BIPT

since 22-01-2025

Similar companies · same sector, comparable size

Beveren-Kruibeke-Zwijndrecht · Eq €27k

HABYDAL TRANSPORT

BE 0798.686.320

Fontaine-l'Evêque · Eq €27k

DE VLIEGHER

BE 0741.924.294

Brussel · Eq €27k

Of 12,446 companies in sector 49410 we hold annual accounts for 8,086. 5,292 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification

Legal formPrivate limited company

Founded13-09-2017

Fiscal year end30-06

Activities, NACEBEL

49410Freight transport by road

56102Limited-service restaurants

56112Limited-service restaurants, excluding mobile food services

Sources

Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers

Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.