CUBIS
ActiveSummary
CUBIS has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €122k and a net result of €101k. Equity is growing by ~22.5% per year across the filed fiscal years. Its solvency ranks better than 68% of 6162 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability100=
Solvency73▲+16
Growth78=
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €8k at 30 days acceptable
Liquidity tight (current ratio 1.1 against 0.85 in 2023; short-term debt: 43.6% and cash: 7.9% of total assets), and 51.6% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Three signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-09-2025, 61 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
61 d late
2023
89 d late
2022
81 d late
2021
31 d late
2020
89 d late
2019
77 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€122k▲ 50.0%
2023 · €81k
2018: €36klowest in 7 years
2019: €39k▲ +9.0% vs 2018
2020: €56k▲ +42.3% vs 2019
2021: €70k▲ +25.1% vs 2020
2022: €81k▲ +17.1% vs 2021
2023: €81k● 0.0% vs 2022
2024: €122k▲ +50.0% vs 2023highest in 7 years
2018 → 2024
Total assets
€252k▼ 0.7%
2023 · €254k
2018: €197klowest in 7 years
2019: €210k▲ +6.6% vs 2018
2020: €210k▲ +0.2% vs 2019
2021: €237k▲ +12.8% vs 2020
2022: €221k▼ -6.6% vs 2021
2023: €254k▲ +14.7% vs 2022highest in 7 years
2024: €252k▼ -0.7% vs 2023
2018 → 2024
Net result
€101k▲ 7.4%
2023 · €94k
2018: €-2klowest in 7 years
2019: €38k▲ +1631% vs 2018
2020: €47k▲ +21.7% vs 2019
2021: €64k▲ +37.5% vs 2020
2022: €62k▼ -3.2% vs 2021
2023: €94k▲ +52.2% vs 2022
2024: €101k▲ +7.4% vs 2023highest in 7 years
2018 → 2024
Working capital
€11k
2023 · €-21k
2018: €-21k
2019: €-24k▼ -13.9% vs 2018lowest in 7 years
2020: €-15k▲ +39.7% vs 2019
2021: €-8k▲ +42.5% vs 2020
2022: €-9k▼ -12.8% vs 2021
2023: €-21k▼ -118% vs 2022
2024: €11k▲ +155% vs 2023highest in 7 years
2018 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€56k-€70k▲ 25.1%€81k▲ 17.1%€81k=€122k▲ 50.0%
2020: €56klowest in 5 years
2021: €70k▲ +25.1% vs 2020
2022: €81k▲ +17.1% vs 2021
2023: €81k● 0.0% vs 2022
2024: €122k▲ +50.0% vs 2023highest in 5 years
Operating result€67k-€85k▲ 28.0%€82k▼ 3.8%€121k▲ 47.7%€141k▲ 16.4%
2020: €67klowest in 5 years
2021: €85k▲ +28.0% vs 2020
2022: €82k▼ -3.8% vs 2021
2023: €121k▲ +47.7% vs 2022
2024: €141k▲ +16.4% vs 2023highest in 5 years
Net result€47k-€64k▲ 37.5%€62k▼ 3.2%€94k▲ 52.2%€101k▲ 7.4%
2020: €47klowest in 5 years
2021: €64k▲ +37.5% vs 2020
2022: €62k▼ -3.2% vs 2021
2023: €94k▲ +52.2% vs 2022
2024: €101k▲ +7.4% vs 2023highest in 5 years
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 16% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €252k
Fixed assets
€131k ▼ 4.1%
Current assets
€121k ▲ 3.3%
Equity and liabilities €252k
Equity
€122k ▲ 50.0%
Debt
€130k ▼ 24.6%
Debt's share of the balance-sheet total falls from 67.9% to 51.6%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€147k▲
2023 · €127k
Cash flow
€107k▲
2023 · €100k
Current ratio
1.10▲
2023 · 0.85
Debt to equity
1.06▼
2023 · 2.12
ROE
82.8%▼
2023 · 115.6%
ROA
40.1%▲
2023 · 37.1%
Interest coverage
65.50▲
2023 · 33.31
Debt ≤ 1 year
€110k▼
2023 · €138k
Debt > 1 year
€20k▼
2023 · €34k
Income taxes
€42k▲
2023 · €26k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 46 lines
Balance sheet
Code20232024
Assets
Total assets20/58€254k€252k▼
Fixed assets21/28€137k€131k▼
Tangible fixed assets22/27€137k€131k▼
Land and buildings22€137k€131k▼
Current assets29/58€117k€121k▲
Amounts receivable within one year40/41€98k€101k▲
Trade receivables40€17k€39k▲
Other amounts receivable41€80k€62k▼
Cash at bank and in hand54/58€20k€20k▼
Equity and liabilities
Total equity and liabilities10/49€254k€252k▼
Equity10/15€81k€122k▲
Contributions10/11€6k€6k=
Reserves13€75k€116k▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€73k€114k▲
Amounts payable17/49€173k€130k▼
Amounts payable after more than one year17€34k€20k▼
Financial debts170/4€34k€20k▼
Amounts payable within one year42/48€138k€110k▼
Current portion of amounts payable after more than one year42€14k€14k▲
Financial debts43-€115
Credit institutions430/8-€115
Trade debts44€15k€13k▼
Suppliers440/4€15k€13k▼
Taxes, remuneration and social security45€42k€22k▼
Taxes450/3€42k€22k▼
Other amounts payable47/48€67k€61k▼
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6k€6k▼
Other operating charges640/8€1k€1k▲
Gross operating margin9900€128k€148k▲
Operating profit (loss)9901€121k€141k▲
Financial income75/76B€3k€4k▲
Recurring financial income75€3k€4k▲
Financial charges65/66B€4k€2k▼
Recurring financial charges65€4k€2k▼
Profit (loss) for the period before taxes9903€121k€143k▲
Income taxes67/77€26k€42k▲
Profit (loss) for the period9904€94k€101k▲
Profit (loss) for the period to be appropriated9905€94k€101k▲
Appropriation of the result
Profit (loss) to be appropriated9906€94k€101k▲
Transfer from equity791/2-€60k
Transfer to equity691/2-€101k
To other reserves6921-€101k
Profit to be distributed694/7€94k€60k▼
Return on contributions (dividend)694€94k€60k▼
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €6k | €5k | €5k | €6k | €6k | ▼ 0.9% |
| Other operating charges640/8 | - | €2k | €1k | €1k | €1k | ▲ 16.8% |
| Gross operating margin9900 | €74k | €92k | €88k | €128k | €148k | ▲ 15.6% |
| Operating profit (loss)9901 | €67k | €85k | €82k | €121k | €141k | ▲ 16.4% |
| Financial income75/76B | - | €2k | €2k | €3k | €4k | ▲ 40.1% |
| Recurring financial income75 | €3k | €2k | €2k | €3k | €4k | ▲ 40.1% |
| Financial charges65/66B | - | €3k | €3k | €4k | €2k | ▼ 41.2% |
| Recurring financial charges65 | €4k | €3k | €3k | €4k | €2k | ▼ 41.2% |
| Profit (loss) for the period before taxes9903 | €66k | €84k | €81k | €121k | €143k | ▲ 18.8% |
| Income taxes67/77 | €19k | €20k | €19k | €26k | €42k | ▲ 59.4% |
| Profit (loss) for the period9904 | €47k | €64k | €62k | €94k | €101k | ▲ 7.4% |
| Profit (loss) for the period to be appropriated9905 | €47k | €64k | €62k | €94k | €101k | ▲ 7.4% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €210k | €237k | €221k | €254k | €252k | ▼ 0.7% |
| Fixed assets21/28 | €145k | €140k | €139k | €137k | €131k | ▼ 4.1% |
| Tangible fixed assets22/27 | €145k | €140k | €139k | €137k | €131k | ▼ 4.1% |
| Land and buildings22 | - | €140k | €139k | €137k | €131k | ▼ 4.1% |
| Current assets29/58 | €65k | €97k | €82k | €117k | €121k | ▲ 3.3% |
| Amounts receivable within one year40/41 | €46k | €78k | €81k | €98k | €101k | ▲ 4.0% |
| Trade receivables40 | - | €26k | €31k | €17k | €39k | ▲ 124% |
| Other amounts receivable41 | - | €52k | €50k | €80k | €62k | ▼ 22.1% |
| Cash at bank and in hand54/58 | €18k | €18k | €798 | €20k | €20k | ▼ 0.5% |
| Deferred charges and accrued income490/1 | - | €1k | - | - | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €210k | €237k | €221k | €254k | €252k | ▼ 0.7% |
| Equity10/15 | €56k | €70k | €81k | €81k | €122k | ▲ 50.0% |
| Contributions10/11 | - | €6k | €6k | €6k | €6k | = |
| Reserves13 | €48k | €62k | €75k | €75k | €116k | ▲ 54.1% |
| Non-distributable reserves130/1 | - | €2k | €2k | €2k | €2k | = |
| Reserves not available under the articles1311 | - | €2k | €2k | €2k | €2k | = |
| Distributable reserves133 | - | €60k | €73k | €73k | €114k | ▲ 55.4% |
| Profit (loss) carried forward14 | €1k | €1k | - | - | - | - |
| Amounts payable17/49 | €154k | €167k | €140k | €173k | €130k | ▼ 24.6% |
| Amounts payable after more than one year17 | €75k | €62k | €48k | €34k | €20k | ▼ 41.9% |
| Financial debts170/4 | - | €62k | €48k | €34k | €20k | ▼ 41.9% |
| Amounts payable within one year42/48 | €79k | €105k | €91k | €138k | €110k | ▼ 20.3% |
| Current portion of amounts payable after more than one year42 | - | €13k | €13k | €14k | €14k | ▲ 3.5% |
| Financial debts43 | - | - | - | - | €115 | - |
| Credit institutions430/8 | - | - | - | - | €115 | - |
| Trade debts44 | €11k | €5k | €9k | €15k | €13k | ▼ 14.0% |
| Suppliers440/4 | - | €5k | €9k | €15k | €13k | ▼ 14.0% |
| Advances received on contracts in progress46 | - | - | €4k | - | - | - |
| Taxes, remuneration and social security45 | - | €50k | €30k | €42k | €22k | ▼ 47.3% |
| Taxes450/3 | - | €48k | €30k | €42k | €22k | ▼ 47.3% |
| Remuneration and social security454/9 | - | €2k | - | - | - | - |
| Other amounts payable47/48 | - | €38k | €35k | €67k | €61k | ▼ 9.8% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €47k | €64k | €62k | €94k | €101k | ▲ 7.4% |
| + Depreciation and write-downs630 | €6k | €5k | €5k | €6k | €6k | ▼ 0.9% |
| Operating cash flow (approximation) | €52k | €69k | €67k | €100k | €107k | ▲ 6.9% |
| Investment in fixed assets (approximation) | - | €0 | €-5k | €-3k | €0 | ▲ 100% |
| Change in cash | - | €-435 | €-17k | €19k | €-90 | ▼ 100% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
30-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 61 days late
2024
31-12
Financial
Highest result since 2018net €101k ▲7.4%
Operating result €141k, net result €101k, both a record.
31-12
Financial
Equity above €100kEq €122k ▲50%
6 profitable years in a row build equity to €122k.
28-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 89 days late
2023
20-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 81 days late
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
28-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 89 days late
2020
16-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 77 days late
2019
31-12
Financial
Back to profitnet €38k
Net result €38k after one loss-making year.
31-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 92 days late
2018
27-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 58 days late
2017
29-09
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 60 days late
2016
26-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 26 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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, Sint-Pieters-Woluwe · 1 establishment unit since 2010
Ground area
2,566 m²
Building footprint
974 m²
Volume, LiDAR
23,852 m³
Parcel 21019A0206/00R005, Brussels · tallest building 28.5 m, ±9 floors. Linked by address, not a title deed.
87
companies at this address
See who is registered here
1 establishment unit
CUBIS
since 20102.189.396.896
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21019A0206/00R005 | Brussels | 2,566 m² | 1 · 974 m² | 28.5 m · 9 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
1 of these parcels carry protected heritage: expect extra rules on renovation or sale.
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Of 6,999 companies in sector 96999 we hold annual accounts for 602. 420 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded03-06-2010
Fiscal year end31-12
Activities, NACEBEL 2025
96999Other personal services
68204Real estate activities
70200Business and other management consultancy
73110Advertising agencies
73200Market research and public opinion polling
93299Other amusement and recreation activities
Scores and ratios are computed by Checked and are not a credit decision.