Cucurb IT
ActiveSummary
Cucurb IT has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €92k and a net result of €11k. Equity is growing by ~14.5% per year across the filed fiscal years. Its solvency ranks better than 87% of 17090 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability82▲+82
Solvency100=
Growth52=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €8k at 30 days acceptable
Liquidity ample (current ratio 9.94 against 14.75 in 2024; short-term debt: 10% and cash: 59.5% of total assets), and 10.4% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Computer programming, consultancy and related activities (NACE 62)
about 64% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
89.6%
Return on assets
10.6%
Age of the figures
9 mo
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 01-07-2026, 30 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
30 d early
2024
31 d early
2023
5 d early
2022
22 d late
2021
31 d early
2020
31 d early
2019
30 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€92k▲ 13.4%
2024 · €81k
2019: €26klowest in 7 years
2020: €41k▲ +56.4% vs 2019
2021: €60k▲ +45.8% vs 2020
2022: €76k▲ +27.4% vs 2021
2023: €97k▲ +27.6% vs 2022highest in 7 years
2024: €81k▼ -16.1% vs 2023
2025: €92k▲ +13.4% vs 2024
2019 → 2025
Total assets
€103k▲ 18.1%
2024 · €87k
2019: €36klowest in 7 years
2020: €54k▲ +48.1% vs 2019
2021: €67k▲ +25.3% vs 2020
2022: €89k▲ +32.6% vs 2021
2023: €111k▲ +24.0% vs 2022highest in 7 years
2024: €87k▼ -21.5% vs 2023
2025: €103k▲ +18.1% vs 2024
2019 → 2025
Net result
€11k
2024 · €-16k
2019: €20k
2020: €15k▼ -26.1% vs 2019
2021: €19k▲ +27.0% vs 2020
2022: €16k▼ -12.8% vs 2021
2023: €21k▲ +28.4% vs 2022highest in 7 years
2024: €-16k▼ -174% vs 2023lowest in 7 years
2025: €11k▲ +170% vs 2024
2019 → 2025
Working capital
€92k▲ 21.9%
2024 · €75k
2019: €25klowest in 7 years
2020: €39k▲ +56.6% vs 2019
2021: €58k▲ +48.2% vs 2020
2022: €75k▲ +29.7% vs 2021
2023: €88k▲ +17.5% vs 2022
2024: €75k▼ -14.8% vs 2023
2025: €92k▲ +21.9% vs 2024highest in 7 years
2019 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€60k-€76k▲ 27.4%€97k▲ 27.6%€81k▼ 16.1%€92k▲ 13.4%
2021: €60klowest in 5 years
2022: €76k▲ +27.4% vs 2021
2023: €97k▲ +27.6% vs 2022highest in 5 years
2024: €81k▼ -16.1% vs 2023
2025: €92k▲ +13.4% vs 2024
Operating result€28k-€25k▼ 10.5%€31k▲ 22.8%€-12k€13k
2021: €28k
2022: €25k▼ -10.5% vs 2021
2023: €31k▲ +22.8% vs 2022highest in 5 years
2024: €-12k▼ -139% vs 2023lowest in 5 years
2025: €13k▲ +209% vs 2024
Net result€19k-€16k▼ 12.8%€21k▲ 28.4%€-16k€11k
2021: €19k
2022: €16k▼ -12.8% vs 2021
2023: €21k▲ +28.4% vs 2022highest in 5 years
2024: €-16k▼ -174% vs 2023lowest in 5 years
2025: €11k▲ +170% vs 2024
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €13k after a loss of €12k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €103k
Fixed assets
€894 ▼ 86.0%
Current assets
€102k ▲ 26.3%
Equity and liabilities €103k
Equity
€92k ▲ 13.4%
Debt
€11k ▲ 84.0%
Debt's share of the balance-sheet total rises from 6.7% to 10.4%. Equity and debt are higher.
Key figures and ratios
EBITDA
€15k▲
2024 · €-8k
Cash flow
€12k▲
2024 · €-11k
Current ratio
9.94▼
2024 · 14.75
Debt to equity
0.12▲
2024 · 0.07
ROE
11.8%▲
2024 · -19.2%
ROA
10.6%▲
2024 · -17.9%
Interest coverage
7.21▲
2024 · -2.66
Debt ≤ 1 year
€10k▲
2024 · €5k
Income taxes
€435▼
2024 · €443
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 · 2025 against 2024 · 40 lines
Balance sheet
Code20242025
Assets
Total assets20/58€87k€103k▲
Fixed assets21/28€6k€894▼
Tangible fixed assets22/27€6k€894▼
Plant, machinery and equipment23€2k€894▼
Furniture and vehicles24€5k-
Current assets29/58€81k€102k▲
Amounts receivable within one year40/41€18k€38k▲
Trade receivables40€12k€27k▲
Other amounts receivable41€6k€11k▲
Cash at bank and in hand54/58€61k€61k▼
Deferred charges and accrued income490/1€1k€3k▲
Equity and liabilities
Total equity and liabilities10/49€87k€103k▲
Equity10/15€81k€92k▲
Contributions10/11€6k€6k=
Reserves13€90k€90k=
Distributable reserves133€90k€90k=
Profit (loss) carried forward14€-15k€-4k▲
Amounts payable17/49€6k€11k▲
Amounts payable within one year42/48€5k€10k▲
Trade debts44€1k€1k▼
Suppliers440/4€1k€1k▼
Taxes, remuneration and social security45€4k€9k▲
Taxes450/3€4k€9k▲
Other amounts payable47/48€385€385=
Accrued charges and deferred income492/3€332€428▲
Income statement
Code20242025
Non-recurring operating income76A-€13k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€1k▼
Other operating charges640/8€1k€1k▼
Gross operating margin9900€-6k€16k▲
Operating profit (loss)9901€-12k€13k▲
Financial income75/76B-€0
Recurring financial income75-€0
Financial charges65/66B€3k€2k▼
Recurring financial charges65€3k€2k▼
Profit (loss) for the period before taxes9903€-15k€11k▲
Income taxes67/77€443€435▼
Profit (loss) for the period9904€-16k€11k▲
Profit (loss) for the period to be appropriated9905€-16k€11k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-15k€-4k▲
Profit (loss) brought forward from the previous period14P€1k€-15k▼
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 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | €13k | - |
| Remuneration, social security and pensions62 | €3k | €2k | €2k | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1k | €823 | €3k | €5k | €1k | ▼ 72.3% |
| Other operating charges640/8 | €958 | €965 | €1k | €1k | €1k | ▼ 15.0% |
| Gross operating margin9900 | €33k | €29k | €38k | €-6k | €16k | ▲ 349% |
| Operating profit (loss)9901 | €28k | €25k | €31k | €-12k | €13k | ▲ 209% |
| Financial income75/76B | €136 | €0 | - | - | €0 | - |
| Recurring financial income75 | €136 | €0 | - | - | €0 | - |
| Financial charges65/66B | €465 | €348 | €287 | €3k | €2k | ▼ 29.1% |
| Recurring financial charges65 | €465 | €348 | €287 | €3k | €2k | ▼ 29.1% |
| Profit (loss) for the period before taxes9903 | €28k | €25k | €31k | €-15k | €11k | ▲ 175% |
| Income taxes67/77 | €9k | €9k | €10k | €443 | €435 | ▼ 1.9% |
| Profit (loss) for the period9904 | €19k | €16k | €21k | €-16k | €11k | ▲ 170% |
| Profit (loss) for the period to be appropriated9905 | €19k | €16k | €21k | €-16k | €11k | ▲ 170% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €67k | €89k | €111k | €87k | €103k | ▲ 18.1% |
| Fixed assets21/28 | €2k | €865 | €9k | €6k | €894 | ▼ 86.0% |
| Tangible fixed assets22/27 | €2k | €865 | €9k | €6k | €894 | ▼ 86.0% |
| Plant, machinery and equipment23 | €2k | €865 | €59 | €2k | €894 | ▼ 45.4% |
| Furniture and vehicles24 | - | - | €9k | €5k | - | - |
| Current assets29/58 | €66k | €88k | €102k | €81k | €102k | ▲ 26.3% |
| Amounts receivable within one year40/41 | €14k | €27k | €12k | €18k | €38k | ▲ 116% |
| Trade receivables40 | €14k | €27k | €12k | €12k | €27k | ▲ 123% |
| Other amounts receivable41 | €36 | €80 | - | €6k | €11k | ▲ 100% |
| Cash at bank and in hand54/58 | €51k | €60k | €88k | €61k | €61k | ▼ 0.6% |
| Deferred charges and accrued income490/1 | €749 | €825 | €2k | €1k | €3k | ▲ 72.4% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €67k | €89k | €111k | €87k | €103k | ▲ 18.1% |
| Equity10/15 | €60k | €76k | €97k | €81k | €92k | ▲ 13.4% |
| Contributions10/11 | €6k | €6k | €6k | €6k | €6k | = |
| Reserves13 | €52k | €69k | €90k | €90k | €90k | = |
| Non-distributable reserves130/1 | €1k | €1k | - | - | - | - |
| Reserves not available under the articles1311 | €1k | €1k | - | - | - | - |
| Distributable reserves133 | €51k | €67k | €90k | €90k | €90k | = |
| Profit (loss) carried forward14 | €1k | €1k | €1k | €-15k | €-4k | ▲ 75.0% |
| Amounts payable17/49 | €8k | €14k | €14k | €6k | €11k | ▲ 84.0% |
| Amounts payable within one year42/48 | €8k | €13k | €14k | €5k | €10k | ▲ 87.4% |
| Trade debts44 | €2k | €4k | €2k | €1k | €1k | ▼ 24.5% |
| Suppliers440/4 | €2k | €4k | €2k | €1k | €1k | ▼ 24.5% |
| Taxes, remuneration and social security45 | €5k | €10k | €12k | €4k | €9k | ▲ 138% |
| Taxes450/3 | €5k | €10k | €12k | €4k | €9k | ▲ 138% |
| Other amounts payable47/48 | €196 | €239 | €239 | €385 | €385 | = |
| Accrued charges and deferred income492/3 | - | €59 | €195 | €332 | €428 | ▲ 28.9% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €19k | €16k | €21k | €-16k | €11k | ▲ 170% |
| + Depreciation and write-downs630 | €1k | €823 | €3k | €5k | €1k | ▼ 72.3% |
| Operating cash flow (approximation) | €20k | €17k | €24k | €-11k | €12k | ▲ 211% |
| Investment in fixed assets (approximation) | - | €0 | €-11k | €-2k | €4k | ▲ 288% |
| Change in cash | - | €9k | €27k | €-26k | €-338 | ▲ 98.7% |
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
Next filing, fiscal year 2026, expected by
2026
01-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Back to profitnet €11k
Net result €11k after one loss-making year.
30-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €-16k
Net result drops to €-16k, the lowest in the series; recovery starts the following year.
31-12
Financial
Liquidity doublescurrent ratio 14.75
Current ratio from 7.37 to 14.75; short-term debt falls from €14k to €5k.
26-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Highest result since 2019net €21k ▲28.4%
Operating result €31k, net result €21k, both a record.
22-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 22 days late
2022
30-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Liquidity doublescurrent ratio 8.36
Current ratio from 4.01 to 8.36; short-term debt falls from €13k to €8k.
30-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
01-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
2 acts for this company are 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, Jabbeke · 1 establishment unit since 2018
Ground area
612 m²
Building footprint
89 m²
Volume, LiDAR
486 m³
Parcel 31031C0775/00K003, Flanders · tallest building 7.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Westmoere 81, 8490 Jabbeke
since 20182.278.899.687
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31031C0775/00K003 | Flanders | 612 m² | 1 · 89 m² | 7.6 m · 2 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.
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Of 29,993 companies in sector 62200 we hold annual accounts for 18,396. 15,590 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
Founded23-08-2018
Fiscal year end31-12
Activities, NACEBEL 2025
62200Computer consultancy and computer facilities management
Scores and ratios are computed by Checked and are not a credit decision.