CUBIGLACE
ActiveSummary
The computed 12-month bankruptcy probability of CUBIGLACE is 4.8% (elevated). The 2025 annual accounts show negative equity (-€144,657) and a net result of -€120,499. Equity has been shrinking by about 67% per year since 2018. Its solvency ranks better than 6% of 790 sector peers (NACE 10, financial year 2025). The company has been active since 2013 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Official details
Source: KBO- Status
- Active since 09-07-2013 Normal situation
- Activity
- Manufacture of food products NACE 10520and 2 others
- Joint committee
- 201 Paritair Comité voor de zelfstandige kleinhandel · annual accounts 2025
- Establishment unit
- 2.310.317.987 4960 Malmedy, since 01-07-2020
- Financial year end
- 31 December
- Peppol
- Reachable since 12-12-2025
Board and ownership
- AIMODirector · since 06-10-2023 · permanent representative BONIVER Valérie
- LONE CYPRESS MDYDirector · since 06-10-2023 · permanent representative MIGNON Christian
- LONE CYPRESS MDY60%· score 462025 annual accounts of LONE CYPRESS MDY
- AIMO40%· score 522025 annual accounts of AIMO
Financial position
- Bankruptcy probabilitywithin 12 months
- 4.8%
- Gross margin
- €82,544
- ▼ 8.7%
- Turnover
- ≈ €230,000
- estimated
- Loss
- €120,499
- ▲ 3.2%
- Equity
- -€144,657
- ▼ 499%
- Total assets
- €1.2m
- ▼ 26.5%
- Employees on 31-12-2025
- 1
- €1,007 of overdue social security (RSZ) debts on 31-12-2025
- Negative equity on 31-12-2025
Score breakdownraises riskNegative equity -€144,657Loss of €120,499, the second in a row (financial year 2025)Sector: Manufacture of food products (NACE 10)Liquidity: current ratio 0.30, cash €4,048Show the evidence
Checked score
About 5 in 100 comparable companies go bankrupt within 12 months (an estimate).
Calculation
The band follows from the bankruptcy probability. 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 10, micro). It does better than 15% of them on solvency, 18% on liquidity, 14% on profitability and 1% on growth.
The bankruptcy probability was computed on 03-11-2026 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. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 7 accounts on average 12 days after the deadline. In the sector (NACE 10), the median for financial year 2024 was 4 days before the deadline, and 38% of those companies filed late.
Searched, nothing found (2)
Key points
- Risk: Negative equitydebts exceed assets in financial year 2025 -€144,657 View
- Risk: 3 loss-making years in a rowloss in financial year 2025 -€120,499 View
- Caution: Equity fell in 2025from -€24,158 to -€144,657 ▼ 499% View
- Caution: Lower solvency than 93% of companies in food productssector median 39.7% · 790 companies -12.4% View
Recent changes
- · Gazette deed 3 directors appointed, 4 directors resigningResignations: AIMO, LONE CYPRESS MDY and 2 others · Appointments: AIMO, LONE CYPRESS MDY and HEINEN Stéphan · Permanent representatives: BONIVER Valérie, MIGNON Christian and HEINEN Stéphan
- · Gazette deed Resignation: V.M.A. (administrateur gérant)Permanent representative: MARAITE Vincent
- · Gazette deed Incorporation
Comparable companies
These companies have the same main activity as CUBIGLACE: manufacture of food products (NACE 10520). They are comparable in size and age: total assets between €410,000 and €1.3m, founded between 2005 and 2019.
| Company | Total assets | Gross margin |
|---|---|---|
| CUBIGLACE Malmedy | €1.2m | €0.08m |
| KRIJMSHOP Lennik | €1.3m | €0.2m |
| De Simz Knokke-Heist | €0.6m | €0.2m |
| ADSG Trooz | €0.9m | €0.2m |
| BOULANGERIE VAN HOVE Tournai | €0.4m | €0.1m |
| CANNAERT Heuvelland | €0.8m | €0.09m |
| DE BOL Zulte | €0.8m | €0.1m |
Key facts about CUBIGLACE
- What is the company number of CUBIGLACE?
- The company number of CUBIGLACE is 0536.526.301. The VAT number is the same number with BE in front: BE 0536.526.301.
- Where is CUBIGLACE based?
- The registered office is at Avenue de Norvège 4, 4960 Malmedy.Company details
- What does CUBIGLACE do?
- According to the KBO register, the main activity is manufacture of food products (NACE 10520).
- What is the legal form of CUBIGLACE?
- The legal form of CUBIGLACE is Public limited company (NV).
- When was CUBIGLACE founded?
- CUBIGLACE was founded on 09-07-2013.
- Is CUBIGLACE still active?
- Yes, CUBIGLACE is an active enterprise in the KBO register.
- How many employees does CUBIGLACE have?
- CUBIGLACE had an average of 1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does CUBIGLACE fall under?
- In its 2025 annual accounts, CUBIGLACE states joint committee 201 (Paritair Comité voor de zelfstandige kleinhandel).
- What is the turnover of CUBIGLACE?
- The turnover in financial year 2025 is ≈ €230,000. This figure is estimated from the gross margin of €82,544 and 1,291 comparable companies of the same size. It probably lies between €140,000 and €440,000. It is a rough estimate.
- Is CUBIGLACE profitable?
- In financial year 2025, CUBIGLACE made a loss of €120,499.
- Where can I find the annual accounts of CUBIGLACE?
- CUBIGLACE filed 12 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of CUBIGLACE due?
- CUBIGLACE must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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