Cubitech
Annual accounts 2023
full format, filed on 02-07-2024, 29 days before the deadlineThe turnover shown is an estimate from the gross margin.
Turnover ≈ €17,000. Estimated: probably between €7,000 and €42,000.
Balance sheet
balance sheet total €35,991 on 31-12-2023in euro
Position in the sector
29.1%
Higher than 33% of 118 companies in 2023.
0.58
Higher than 7% of 117 companies in 2023.
-48.7%
Lower than 95% of 116 companies in 2023.
Net result: bottom quarter · Equity: bottom quarter · Balance sheet total: bottom quarter · Working capital: bottom quarter
Staff
Staff costs divided by the average number of full-time equivalents.
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||||||
20/58 |
35,991 | 71,966 | 85,446 | 56,397 | 22,592 | 12,731 | 29,395 | 38,111 | 24,489 | |
21/28 |
22,561 | 36,894 | 37,853 | 48,777 | 3,583 | 6,195 | 23,072 | 8,079 | 1,507 | |
22/27 |
21,381 | 35,714 | 36,673 | 47,597 | 2,403 | 5,015 | 21,892 | 7,899 | 1,327 | |
23 |
- | - | - | - | 405 | 1,018 | 416 | 624 | 832 | |
24 |
21,381 | 35,714 | 36,673 | 47,597 | 1,998 | 3,997 | 21,476 | 7,275 | 495 | |
28 |
1,180 | 1,180 | 1,180 | 1,180 | 1,180 | 1,180 | 1,180 | 180 | 180 | |
29/58 |
13,430 | 35,072 | 47,593 | 7,620 | 19,009 | 6,536 | 6,323 | 30,032 | 22,981 | |
40/41 |
9,325 | 8,412 | 5,583 | 2,654 | 11,873 | 6,524 | 4,364 | 24,639 | 19,070 | |
40 |
5,852 | 5,786 | 922 | 200 | 6,543 | 3,139 | 2,727 | 24,639 | 19,070 | |
41 |
3,473 | 2,626 | 4,661 | 2,454 | 5,330 | 3,385 | 1,637 | - | - | |
54/58 |
- | 21,207 | 42,010 | 4,966 | 7,136 | 12 | 1,959 | 5,393 | 3,911 | |
490/1 |
4,105 | 5,453 | - | - | - | - | - | - | - | |
| Balance sheet: equity and liabilities | ||||||||||
10/49 |
35,991 | 71,966 | 85,446 | 56,397 | 22,592 | 12,731 | 29,395 | 38,111 | 24,489 | |
10/15 |
10,484 | 27,994 | 18,769 | -15,739 | -11,225 | -38,051 | -15,889 | 2,548 | -5,761 | |
10/11 |
18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 12,400 | 12,400 | |
100 |
- | - | - | - | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | |
101 |
- | - | - | - | - | - | - | 6,200 | 6,200 | |
14 |
-8,116 | 9,394 | 169 | -34,339 | -29,825 | -56,651 | -34,489 | -9,852 | -18,161 | |
17/49 |
25,507 | 43,972 | 66,677 | 72,136 | 33,817 | 50,782 | 45,284 | 35,563 | 30,250 | |
17 |
2,500 | 12,500 | 22,500 | 38,679 | 12,263 | 19,227 | 26,272 | 1,811 | - | |
170/4 |
2,500 | 12,500 | 22,500 | 38,679 | 12,263 | 19,227 | 26,272 | 1,811 | - | |
42/48 |
23,007 | 31,472 | 44,177 | 33,457 | 21,554 | 31,555 | 19,012 | 33,752 | 30,250 | |
42 |
10,000 | 10,000 | 16,178 | 18,748 | 6,964 | 9,583 | 7,733 | 3,472 | - | |
43 |
978 | - | - | - | - | 3,673 | - | - | - | |
430/8 |
978 | - | - | - | - | 3,673 | - | - | - | |
44 |
6,335 | 6,656 | 4,216 | 4,788 | 10,862 | 7,405 | 8,300 | 15,981 | 11,268 | |
440/4 |
6,335 | 6,656 | 4,216 | 4,788 | 10,862 | 7,405 | 8,300 | 15,981 | 11,268 | |
45 |
5,635 | 14,460 | 10,668 | 9,742 | - | 1,650 | 443 | 8,098 | 10,591 | |
450/3 |
5,635 | 14,460 | 9,581 | - | - | - | 443 | 8,098 | 9,250 | |
454/9 |
- | - | 1,087 | 9,742 | - | 1,650 | - | - | 1,341 | |
47/48 |
59 | 356 | 13,115 | 179 | 3,728 | 9,244 | 2,536 | 6,201 | 8,390 | |
| Income statement | ||||||||||
76A |
309 | 20,364 | 3,850 | - | - | 9,022 | - | 15,851 | - | |
9900 |
2,499 | 27,663 | 61,900 | 47,354 | 34,892 | -16,331 | 10,423 | 70,709 | 866 | |
62 |
- | - | - | 33,151 | - | - | 14,936 | 69,228 | 11,614 | |
630 |
14,333 | 7,286 | 10,923 | 11,914 | 2,612 | 4,954 | 14,707 | 7,483 | 456 | |
640/8 |
2,546 | 1,416 | 745 | 5,251 | 3,041 | 6,258 | 1,789 | 50 | 3,769 | |
66A |
- | - | - | - | - | - | - | - | 2,024 | |
9901 |
-14,380 | 18,961 | 50,232 | -2,962 | 29,239 | -27,543 | -21,009 | -6,052 | -14,972 | |
75/76B |
144 | - | 111 | 18 | 246 | 9,023 | 205 | 16,151 | 39 | |
75 |
144 | - | 111 | 18 | 246 | 1 | 205 | 300 | 39 | |
76B |
- | - | - | - | - | 9,022 | - | 15,851 | - | |
65/66B |
836 | 4,857 | 6,254 | 1,510 | 2,057 | 3,571 | 3,390 | 1,790 | 1,066 | |
65 |
836 | 4,857 | 6,254 | 1,510 | 2,057 | 3,571 | 3,390 | 1,790 | 1,066 | |
9903 |
-15,072 | 14,104 | 44,089 | -4,454 | 27,428 | -22,091 | -24,194 | 8,309 | -18,022 | |
67/77 |
2,438 | 4,879 | 9,581 | 60 | 602 | 71 | 443 | - | 139 | |
9904 |
-17,510 | 9,225 | 34,508 | -4,514 | 26,826 | -22,162 | -24,637 | 8,309 | -18,161 | |
9905 |
-17,510 | 9,225 | 34,508 | -4,514 | 26,826 | -22,162 | -24,637 | 8,309 | -18,161 | |
| Appropriation of the result | ||||||||||
9906 |
-8,116 | 9,394 | 169 | -34,339 | -29,825 | -56,651 | -34,489 | -9,852 | -18,161 | |
14P |
9,394 | 169 | -34,339 | - | - | - | - | - | - | |
| Social balance sheet | ||||||||||
9087 |
- | - | 1.1 | 1.1 | - | - | 0.2 | 2.3 | 0.3 | |
Hours worked1013 |
- | - | 1,742 | 1,742 | - | - | 410 | 4,053 | 621 | |
| Document | ||||||||||
The notes to these accounts have 8 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).
Source: Annual accounts 2023 (PDF), filed on 02-07-2024.
Filings
each dot is a set of accounts, on the day it reached the National Bank| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2023 | full format | 02-07-2024 | 2024-00202583 | |
| 31-12-2022 | full format | 27-05-2023 | 2023-00098938 | |
| 31-12-2021 | full format | 13-06-2022 | 2022-20062974 | |
| 31-12-2020 | full format | 27-09-2021 | 2021-69400210 | |
| 31-12-2019 | full format | 14-04-2020 | 2020-09000560 | |
| 31-12-2018 | full format | 21-06-2019 | 2019-20800304 | |
| 31-12-2017 | full format | 02-06-2018 | 2018-15400353 | |
| 31-12-2016 | full format | 21-09-2017 | 2017-61600599 | |
| 31-12-2015 | full format | 30-08-2016 | 2016-57800083 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| -47 | 26,247 | 61,155 | 8,952 | 31,851 | -22,589 | -6,302 | 1,431 | -14,516 | ||
| -3,177 | 16,511 | 45,431 | 7,400 | 29,438 | -17,208 | -9,930 | 15,792 | -17,705 | ||
| 0 | 43,000 | -1 | 57,108 | 0 | -11,923 | 29,700 | 14,055 | 1,963 | ||
| - | -20,803 | 37,044 | -2,170 | 7,124 | -1,947 | -3,434 | 1,482 | - | ||
| -9,577 | 3,600 | 3,416 | -25,837 | -2,545 | -25,019 | -12,689 | -3,720 | -7,268 | ||
| 29.1% | 38.9% | 22.0% | -27.9% | -49.7% | -298.9% | -54.1% | 6.7% | -23.5% | ||
| 0.58 | 1.11 | 1.08 | 0.23 | 0.88 | 0.21 | 0.33 | 0.89 | 0.76 | ||
| 2.43 | 1.57 | 3.55 | - | - | - | - | 13.96 | - | ||
| -167.0% | 33.0% | 183.9% | - | - | - | - | 326.1% | - | ||
| -48.7% | 12.8% | 40.4% | -8.0% | 118.7% | -174.1% | -83.8% | 21.8% | -74.2% | ||
| -0.06 | 5.40 | 9.78 | - | - | - | - | - | - |
EBIT margin: not included in this filing.
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
| Item | 31-12-2021 |
|---|---|
| 1.1 | |
| Joined | 2 |
| Left | 2 |
Source: social balance sheet in the 2021 annual accounts
Investments
fixed assets acquired| Item | 2023 | 2022 | 2021 |
|---|---|---|---|
| Tangible fixed assets | - | €43,000 | - |
| €14,333 | €7,286 | €10,923 |
Source: notes to the 2021 to 2023 annual accounts (statement of fixed assets)
Insights on Cubitech
The operating result for 2023 is a loss of €14,380, after a profit of €18,961 in 2022. It is the lowest result since 2018.
Debt's share of the balance-sheet total rises from 61.1% to 70.9%. Equity and debt are lower.