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CUBX Developments

Active Private limited companyfounded 2018active for 8 yearsEenbeekstraat 3, 9070 DestelbergenKBO/BCE: BE 0697.721.295

Lifetime

7 annual accounts with figures on one time axis
peak €83,519 (2023)
-€5,054▼ €5,368
lowest -€46,216 (2024)
-€9,935▼ €9,123
peak €127,316 (2023)
€10,353▼ 87.1%
€168 
Board4 names since 2018
1 director
Owners
  
Documentsfilings and deeds
26-10-20265 days before the deadline
2026micro format
Gross margin from €314 to -€5,054Loss of €9,935Registered office moved from Laarne to Destelbergen 02-09Capital decrease of €60,000 to €40,000 02-03Equity from €80,288 to €10,353Cash from €67,623 to €7,098

Key points

from the 2026 annual accounts

Equity

€10,353 from €127,316 in 2023

Equity fell by 92% in 3 years.

Losses

-€56,963 in three years
-46,2162024-8122025-9,9352026

Every financial year from 2024 to 2026 closed with a loss. 2024 was the heaviest.

Filings

7 annual accounts since 2020
deadline2020202220242026

The last five annual accounts were filed 5 to 32 days before the end of the period.

At the same address

10 companies
  • seat since 25-06-2026
  • establishment since 01-11-2022
  • IWAS PRODUCTS BELGIUM seat since 04-01-2020

Position in the sector

98.4%

Higher solvency than 95% of companies in real estate. Sector median 40.0% · 634 companies.

Turnover not published (abbreviated or micro format)

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 3,592 companies had the same profile as CUBX Developments has now. Each dot stands for 9 companies, two years later.

87.4%
were still trading
9.4%
stopped another way
3.0%
went bankrupt
  • Micro
  • 5 to 10 years old
  • solvency 30% or more
  • a loss of 10% of the balance sheet or more

Another 0.3% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,331 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 2.9% 3.1%
10 5.6% 6.1%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 3,592 companies, not a prediction for CUBX Developments. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

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Signals

Board and ownership

Director, , since 14-11-2023
  • 50%equity €707,453 (2026) · 31-03-2026 annual accounts of
Board & ownership

Recent changes

Registered office moved from Laarne to Destelbergen New registered office: Eenbeekstraat 3, 9070 Destelbergen · Previous registered office: Eekhoekstraat 82 B 9270 Laarne België · Board meeting of 28-08-2026 · Gazette deed
Capital decrease of €60,000 to €40,000 Capital from €100,000 to €40,000 · General meeting of 10-02-2026 · Gazette deed
Registered in the Peppol Directory Reachable for e-invoices through 0208:0697721295
Amendment of the articles Gazette deed
All 21 events

Comparable companies

same main activity, similar in size and age
Company
CUBX Developments Destelbergen €10,521 -€5,054 98.4% -
Fragapan's Patrimonial Services Fleurus €11,781 -€5,753 69.4% -
DD Concept Waterloo €11,862 -€25,729 -1404.9% -
VRS IMMO Lommel €12,938 -€4,471 11.2% -
BNV IMMO Merelbeke-Melle €12,632 -€7,545 -1093.7% -
GIJSELINCK - DECLOEDT Lievegem €14,311 -€5,818 -357.5% -
ZE OFFICE Ghent €15,386 -€781 76.5% -

These companies have the same main activity as CUBX Developments: buying and selling of own real estate (NACE 68110). They are comparable in size and age: total assets between €11,800 and €15,400, founded between 2017 and 2019.

Official details

Source: KBO
Status
Active since 07-06-2018Normal situation
Registered office
11 active companies are registered at this address1 started in the 12 months before. Source: KBO register, as of 12 November 2026.
Activity
Buying and selling of own real estateNACE 68110
Establishment unit
2.277.645.7169270 Laarne, since 07-06-2018
Financial year end
31 March
Peppol
Reachable since 19-12-2025
Company details

Annual accounts to 31-03-2026

€10,521▼ 86.9%
Filing
Filed on 26-10-2026, 5 days before the end of the filing period
Financials

Insights on CUBX Developments

CUBX Developments files the micro format. That format states no turnover. The gross margin fell from €37,790 in 2020 to -€5,054 in 2026.

In November 2023, three directors stepped down.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about CUBX Developments

What is the company number of CUBX Developments?
The company number of CUBX Developments is 0697.721.295. The VAT number is the same number with BE in front: BE 0697.721.295.
Where is CUBX Developments based?
The registered office is at Eenbeekstraat 3, 9070 Destelbergen.Company details
What does CUBX Developments do?
According to the KBO register, the main activity is buying and selling of own real estate (NACE 68110).
What is the legal form of CUBX Developments?
CUBX Developments is a private limited company (BV).
When was CUBX Developments founded?
CUBX Developments was founded on 07-06-2018.
Is CUBX Developments still active?
Yes, CUBX Developments is an active enterprise in the KBO register.
What is the turnover of CUBX Developments?
The annual accounts for financial year 2026 state no turnover. The abbreviated or micro format does not require it.Financials
Is CUBX Developments profitable?
In financial year 2026, CUBX Developments made a loss of €9,935.
Where can I find the annual accounts of CUBX Developments?
CUBX Developments filed 7 annual accounts with the National Bank of Belgium, the latest for financial year 2026.
When are the next annual accounts of CUBX Developments due?
CUBX Developments must file the annual accounts for financial year 2027 by 31-10-2027.Timeline

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