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CUPINA

Active
Private limited companyfounded 198441 years activeGrote Steenweg 58, 9340 Lede, BelgiumKBO/BCE: BE 0426.610.453
Summary

CUPINA has been active since 1984 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €304,218 and a net result of €37,027. Equity is growing by ~11% per year across the filed fiscal years. Its solvency ranks better than 51% of 13,521 sector peers (NACE 46, fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Overview

Activity
Wholesale of other machinery and equipment
NACE 46649General electrical installation work NACE 43211
#3 oldest company in Lede, Wholesale and retail trade sector1 site
Size
€713,068total assets 2025
Staff
1.1 FTE
Equity
€304,218
Profit
€37,027
Turnover not published (abridged schema)
Financial health
90 Excellent Checked score 2025
Bankruptcy probability, 12 months
0.2%
Structure
Accounts 5 days early0 of 3 deeds read
Why 90- 1 change of registered office in 24 months+ Figures for FY 2025 (filed 26-07-2026)+ Size: total assets €713,068+ Founded in 1984Show the evidence

Checked score

Score 2025
90 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 58% of its sector peers (NACE 46, micro)
Financial strength · tick = 2024
Strong
Solvency 68-32
equity 42.7% of total assets
Liquidity 59-9
short-term debt 11.8% · cash 8.5%
Profitability 75-16
return on assets 5.2%
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%

About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.4% (26,858 companies)
Last 24 months 11-2024: < 0.1% 12-2024: < 0.1%● unchanged vs 11-2024 01-2025: < 0.1%● unchanged vs 12-2024lowest value 02-2025: < 0.1%● unchanged vs 01-2025lowest value 03-2025: < 0.1%● unchanged vs 02-2025lowest value 04-2025: 0.1%▲ +0.1 percentage points vs 03-2025 05-2025: 0.2%▲ +0.1 percentage points vs 04-2025 06-2025: 0.2%● unchanged vs 05-2025 07-2025: 0.2%● unchanged vs 06-2025 08-2025: 0.2%● unchanged vs 07-2025 09-2025: 0.2%● unchanged vs 08-2025 10-2025: 0.2%● unchanged vs 09-2025 11-2025: 0.2%● unchanged vs 10-2025 12-2025: 0.2%● unchanged vs 11-2025 01-2026: 0.2%● unchanged vs 12-2025 02-2026: 0.2%● unchanged vs 01-2026 03-2026: 0.2%● unchanged vs 02-2026 04-2026: 0.2%● unchanged vs 03-2026 05-2026: 0.2%● unchanged vs 04-2026 06-2026: 0.2%● unchanged vs 05-2026 07-2026: 0.3%▲ +0.1 percentage points vs 06-2026highest value 08-2026: 0.2%▼ -0.1 percentage points vs 07-2026 09-2026: 0.2%● unchanged vs 08-2026 10-2026: 0.2%● unchanged vs 09-2026
Credit up to €25,000 at 30 days acceptable
Liquidity ample (current ratio 2.89 against 4.77 in 2024; short-term debt: 11.8% and cash: 8.5% of total assets), but 57.3% of the assets are financed with debt.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 46, micro): better than 51% on solvency, 65% on liquidity, 64% on profitability and 54% on growth.

The bankruptcy probability was computed on 06-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
−lowers risk+raises risk○neutral
raises risk · 1 change of registered office in 24 months
Belgian State Gazette
lowers risk · Figures for FY 2025 (filed 26-07-2026)
NBB · annual accounts
lowers risk · Size: total assets €713,068
The company's size counts in the probability; how much depends on the rest of its profile.
NBB · annual accounts
lowers risk · Founded in 1984
How long the company has existed counts in the probability; how much depends on the rest of its profile.
KBO
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 26-07-2026, 5 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
5 days early
2024
9 days early
2023
3 days early
2022
6 days early
2021
8 days early
2020
5 days early
2019
11 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 7 days before the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% of the sector filed late.

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. Usually files around 25 July (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
07-10-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Checked from 2021 on.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2025 · micro…
  2. Annual accounts filedfiscal year 2024 · micro…
  3. Annual accounts filedfiscal year 2023 · micro…

Key points

  • Positive: Oldest company in Lede, Wholesale and retail trade…in the Checked rankings #3 View
  • Positive: Always filed on timeaccounts within the deadline every year 8 years View
  • Positive: 8 profitable years in a rowprofit 2025: €37,027 8 years View

By topic

Financials

Fiscal year
2025
Total assets
€713,068
Profit
€37,027
Solvency
42.7%
Total assets▲ 90.3%
Net result
20182025
Go to Financials

Timeline

Events
14
Since
2017
Next accounts
by 31-07-2027
  1. 31-12-2023Highest result since 2018
  2. 25-07-2023Annual accounts filed
  3. 31-12-2022Equity above €200,000
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Wholesale of other machinery and equipmentNACE 46649
Founded
28-12-1984
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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