Active BE 0744.459.558Private limited companyOpen bankruptcy

CUBMET

Westvaartdijk 61 ·1850 Grimbergen, Belgium· 6 yrs active

Sector: Taxi operation (49320)

Conclusion Checked

A bankruptcy procedure is open for CUBMET according to publications in the Belgian State Gazette. The 2024 annual accounts show negative equity (€-352k) and a net result of €-135k.

Based on the State Gazette, CBE and 4 annual accounts.

Key figures

Equity	€-352k
Net result	€-135k
Staff (FTE)	5.6
Better than sector	9%

Snowflake analysis 5 axes · computed by Checked

33 / 100

Fragile profile — watch health in particular.

Health 0

Profitability 100

Solvency 35

Growth 32

Stability 0

Bankruptcy probability (12 mo) Checked model v1 · free

Bankruptcy opened

A bankruptcy procedure is already open — a probability score is no longer meaningful. See the insolvency timeline for the state of the procedure.

Risk Assessment rule-based

50 / 100

High risk

Components

· Open bankruptcy (+50)

Trust signals 1 signals

Open bankruptcy

Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.

Administrative Flags 0 events

No administrative flags

Health barometer FY 2024 · computed

0 / 100 Critical

050100

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Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative — not credit advice.

Financial overview5 NBB filings

Annual accounts filed on 20-11-2025 with the NBB · fiscal year 2024 · micro

Operating resultNet result

Sector comparison

Fiscal year 2024 · NACE 49 — Land transport · compared within the same schema type (micro schema)

Metric	This company	Sector median	Position in the sector
Solvency	-59.2%	23.9%	better than 9% of 434 sector peers
Net result	€-135k	€4k	better than 5% of 430 sector peers
Equity	€-352k	€14k	better than 5% of 436 sector peers
Gross operating margin	€209k	€29k	better than 92% of 428 sector peers
Staff costs	€280k	€31k	higher than 92% of 215 sector peers

Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.

EBITDA

€-107k

-87.8% 21–24

Net profit

€-135k

-66.9% 21–24

Cash flow

€-115k

-77.4% 21–24

Total assets

€594k

+99.2% 21–24

Equity

€-352k

-62.1% 21–24

Working capital

€-418k

-57.2% 21–24

Employees (FTE)

6

-24.3% 21–24

Staff costs

€280k

+27.9% 21–24

Debt

€946k

+83.6% 21–24

Debt ≤ 1y

€944k

+83.1% 21–24

Debt > 1y

€13k

-52.8% 21–24

Current ratio

0.56

+15.1% 21–24

Quick ratio

0.55

+16.0% 21–24

Solvency

-59.2%

+18.6% 21–24

Debt / equity

-2.69

-13.2% 21–24

ROE

38.3%

+3.0% 21–24

ROA

-22.7%

+16.2% 21–24

Interest coverage

-12.95

-82.6% 21–24

Figures by fiscal year

Highlight YoY changes (±10%)

Fiscal year	2024
Revenue	—
EBITDA	€-107k
Net profit	€-135k
Cash flow	€-115k
Staff costs	€280k
Income taxes	—
Dividends	—
Total assets	€594k
Equity	€-352k
Debt	€946k
of which ≤ 1y	€944k
of which > 1y	—
Working capital	€-418k
Employees (FTE)	5.6

Ratios (computed)

	2024
Current ratio	0.56
Quick ratio	0.55
Working capital ratio	-70.4%
Solvency	-59.2%
Debt / equity	-2.69
Long-term debt ratio	—
Interest coverage	-12.95
Gross margin	—
Net margin	—
ROA	-22.7%
ROE	38.3%
EBITDA margin	—
Days sales outstanding	—
Days payable outstanding	—
Inventory turnover	—
Days inventory (DSI)	—

Balance-sheet composition 2024

Assets

Fixed assets €69k · 11.6% Current assets €525k · 88.4%

Full annual accounts

Filed balance sheet and income statement, exactly as deposited with the NBB.

Line item	Code	2024
Balance sheet — Assets
TOTAL ASSETS	20/58	€594k
Fixed assets	21/28	€69k
Intangible fixed assets	21	€8k
Tangible fixed assets	22/27	€48k
Financial fixed assets	28	€13k
Current assets	29/58	€525k
Stocks & contracts in progress	3	€9k
Amounts receivable within one year	40/41	€480k
Investments	50/53	€7k
Cash & bank	54/58	€21k
Balance sheet — Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€594k
Equity	10/15	€-352k
Contributions / capital	10/11	€6k
Accumulated profits (losses)	14	€-358k
Amounts payable	17/49	€946k
Amounts payable within one year	42/48	€944k
Trade debts payable within one year	44	€613k
Income statement
Gross operating margin	9900	€209k
Operating result	9901	€-126k
Financial charges	65	€8k
Result before taxes	9903	€-135k
Net result for the period	9904	€-135k
Result to be appropriated	9905	€-135k

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Ratios computed by Checked.

Directors & mandates1 person

Role	Name	Tenure	Source
Curator	GREGORY BRUNEEL ZELLIKSESTEENWEG 12, 1082 SINT-AGATHA-BERCHEM	30-12-2025 → present	Belgian State Gazette

Legal Structure

NACE primary	Taxi operation(49320)
Legal form	Private limited company(610)
Incorporation	26-02-2020
Status	Active
Postal code	1850
First BS signal	07-01-2026
Latest BS signal	07-01-2026

Company structure — linked entities1 linked entities

Mandates

Establishment units 1 location

AHM GARAGE

Westvaartdijk 61, 1850 GrimbergenInrichting en aanpassing van motorvoertuigen (bussen, tankwagens, koelwagens, enz)

since 20222.343.763.686

Physical sites registered in the Crossroads Bank for Enterprises (CBE).

Real-estate footprint Source: CBE × cadastre

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates — not a deeds register.

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
23025I0089/00B002	Flanders	1,572 m²	1 · 2,202 m²	8.7 m · 2 fl.

Methodology

via registered seat: 1

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

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

Updates 6 events

A single timeline of everything that happened to this company — publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2026

07-01-2026

Bankruptcy Opening

Ondernemingsrechtbank Brussel · CUBMET BV WESTVAART- DIJK 61, 1850 GRIMBERGEN · event 30-12-2025

2025

20-11-2025