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Curbi Cubes

Active Public limited companyfounded 2011active for 15 yearsHerentalse steenweg 77, 2280 GrobbendonkKBO/BCE: BE 0836.926.094 subsidiary of FOOD CONSULTANCY INVEST#2 employer in Grobbendonk, Wholesale and retail trade sector
Part of the group FOOD CONSULTANCY INVEST 7 companies
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Lifetime

14 annual accounts with figures on one time axis
peak €2.4m (2024)
€2.3m▼ 3.4%
lowest -€923,904 (2012)
€322,179▼ 46.4%
peak €2.0m (2025)
€2.0m▲ 19.4%
€2.3m▼ 13.5%
peak 27.3 FTE (2025)
27.3 FTE▲ 7.1%
Board5 names since 2011
3 directorsDidier Hens and 2 others
Owners3 names in the annual accounts
Documentsfilings and deeds
22-09-202653 days late
2025financial year
Result from €601,067 to €322,179Equity from €1.7m to €2.0mCash from €253,293 to €484,434

Key points

from the 2025 annual accounts

Equity

€2.0m ▲ 19.4%

Curbi Cubes has made a profit without a break since 2022.

Result

€322,179 ▼ 46.4%
€601,0002024€322,0002025

The result fell in 2025 from €601,067 to €322,179.

Turnover

≈ €9.8m estimated

The accounts state no turnover.

Filings

14 annual accounts 15 filings since 2012
AprilJune31 JulyOctober201520202025

Three of the last ten came late. The 2024 accounts came latest: 74 days after the end of the period.

Position in the sector

€2.3m

Higher gross margin than 94% of companies in wholesale trade. Sector median €354,372 · 3,325 companies.

Checked score

91
Excellent
Financially stronger than 64% of small companies in wholesale trade (NACE 46)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.2% across 4,374 companies (NACE 46, small).

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

Last 24 months 12-2024: 0.2% 01-2025: 0.2%● unchanged vs 12-2024 02-2025: 0.2%● unchanged vs 01-2025 03-2025: 0.2%● unchanged vs 02-2025 04-2025: 0.2%● unchanged vs 03-2025 05-2025: 0.3%▲ +0.1 percentage points vs 04-2025 06-2025: 0.3%● unchanged vs 05-2025 07-2025: 0.5%▲ +0.2 percentage points vs 06-2025 08-2025: 0.8%▲ +0.3 percentage points vs 07-2025 09-2025: 0.2%▼ -0.6 percentage points vs 08-2025lowest value 10-2025: 0.2%● unchanged vs 09-2025lowest value 11-2025: 0.3%▲ +0.1 percentage points vs 10-2025 12-2025: 0.3%● unchanged vs 11-2025 01-2026: 0.3%● unchanged vs 12-2025 02-2026: 0.3%● unchanged vs 01-2026 03-2026: 0.3%● unchanged vs 02-2026 04-2026: 0.3%● unchanged vs 03-2026 05-2026: 0.3%● unchanged vs 04-2026 06-2026: 0.4%▲ +0.1 percentage points vs 05-2026 07-2026: 0.5%▲ +0.1 percentage points vs 06-2026 08-2026: 0.9%▲ +0.4 percentage points vs 07-2026 09-2026: 1.0%▲ +0.1 percentage points vs 08-2026highest value 10-2026: 0.2%▼ -0.8 percentage points vs 09-2026 11-2026: 0.2%● unchanged vs 10-2026

Financial strength
Strong

72+8equity 46.6% of total assets
38+13short-term debt 52.7% · cash 11.4%
78-8return on assets 7.6%

Score breakdown

raises risk
Last filed accounts filed 53 days late; 2 of the last 3 accounts late
lowers risk
Founded in 2011
Size: 27.3 FTE, total assets €4.3m
Equity €2.0m (46.6% of total assets)
Calculation

The band follows from the bankruptcy probability. 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, small). It does better than 55% of them on solvency, 41% on liquidity, 78% on profitability and 81% on growth.

The bankruptcy probability was computed on 08-11-2026 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.

The probability rests on the annual accounts with balance sheet date 31-12-2025.

Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.

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

Comparable companies, two years later

In July 2024, 17,811 companies had the same profile as Curbi Cubes has now. Each dot stands for 45 companies, two years later.

96.5%
were still trading
3.2%
stopped another way
0.3%
went bankrupt
  • Small
  • 10 to 20 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more

That fits the bankruptcy probability of Curbi Cubes itself: 0.2% within 12 months.

Test of the method

The method was tested on the 497,447 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 3.0% 3.1%
10 5.6% 6.2%

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 17,811 companies, not a prediction for Curbi Cubes. 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

Credit of up to €180,000 on 30-day terms is acceptable

Liquidity is tight, with a current ratio of 1.32 (1.11 in 2024), below the usual 1.5. Short-term debt is 52.7% and cash 11.4% of total assets. 53.4% of the assets are financed with debt and provisions.

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises risk
raises risk · Last filed accounts filed 53 days late; 2 of the last 3 accounts late
NBB · filings
lowers risk · Founded in 2011
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Size: 27.3 FTE, total assets €4.3m
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Equity €2.0m (46.6% of total assets)
NBB · annual accounts
raises risk · 2025 accounts filed 53 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 22-09-2026, 53 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 9 filings
Deviation from the deadline
2025
53 days late
2024
20 days late
2023
12 days early
2022
42 days early
2021
46 days early
2020
39 days early
2019
46 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 16 days before the deadline. In the sector (NACE 46), the median for financial year 2024 was 3 days before the deadline, and 39% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 20 July (4 of the last 5 accounts filed within 35 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
09-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

PH
Managing director
DH
Director, since 21-04-2023
VD
Director, since 21-04-2023
Board & ownership

Recent changes

2 directors resigning, 3 reappointments Resignations: Reinier de la Fuente and Rob Asmus · Reappointments: Patrick Hens (managing director), Didier Hens and Veerle Dox · General meeting of 21-04-2023 · Gazette deed
Registered in the Peppol Directory Reachable for e-invoices through 0208:0836926094
First establishment Herentalse steenweg 77, Grobbendonk
Incorporation published on 15-06-2011 · Gazette deed
All 23 events

Comparable companies

same main activity, similar in size and age
Company
Curbi Cubes Grobbendonk €4.3m €2.3m 46.6% 27.3
COMMERCIAL A.G.R. Saint-Ghislain €2.8m €1.9m 25.4% 30.9
BARBARICH Herve €6.7m €4.4m 39.6% 33.6
VAN CROMBRUGGEN Wommelgem €5.0m €1.3m 36.2% 15.4
Melaer Alken €4.6m €0.9m 17.4% 21.5
ALBERT PREMIER Beersel €8.0m €3.1m 30.2% 21.5
LION PRODUCTS Bonheiden €7.0m €0.9m 9.9% 9.5

These companies have the same main activity as Curbi Cubes: wholesale trade (NACE 46360). They are comparable in size and age: total assets between €2.8m and €8m, founded between 1995 and 2018.

Official details

Source: KBO
Status
Active since 10-06-2011Normal situation
Registered office
13 active companies are registered at this addressSource: KBO register, as of 8 November 2026.
Activity
Wholesale tradeNACE 46360and 1 other
Joint committees
220White-collar workers in the food industry
118Food industry · annual accounts 2021
Establishment unit
2.200.522.5012280 Grobbendonk, since 15-07-2011
Financial year end
31 December
Peppol
Reachable since 20-11-2020
Company details

Annual accounts 2025

€4.3m▼ 0.8%
Employeeson 31-12-2025
29▲ 7.4%
Filing
Filed on 22-09-2026
Financials

Insights on Curbi Cubes

Curbi Cubes has existed since 2011. The present size dates from 2013. The gross margin rose that year from €63,046 to €862,369 and staff from 8.8 to 14.4 full-time equivalents.

Solvency rose in 2025 from 38.7% to 46.6% because of the retained profit and lower debts.

FOOD CONSULTANCY INVEST holds all the shares. In August 2023, the Official Gazette published the appointment of Patrick Hens as managing director.

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 Curbi Cubes

What is the company number of Curbi Cubes?
The company number of Curbi Cubes is 0836.926.094. The VAT number is the same number with BE in front: BE 0836.926.094.
Where is Curbi Cubes based?
The registered office is at Herentalse steenweg 77, 2280 Grobbendonk.Company details
What does Curbi Cubes do?
According to the KBO register, the main activity is wholesale trade (NACE 46360).
What is the legal form of Curbi Cubes?
Curbi Cubes is a public limited company (NV).
When was Curbi Cubes founded?
Curbi Cubes was founded on 10-06-2011.
Is Curbi Cubes still active?
Yes, Curbi Cubes is an active enterprise in the KBO register.
How many employees does Curbi Cubes have?
Curbi Cubes had an average of 27.3 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does Curbi Cubes fall under?
In its 2021 annual accounts, Curbi Cubes states joint committees 220 (White-collar workers in the food industry) and 118 (Food industry).
What is the turnover of Curbi Cubes?
The turnover in financial year 2025 is ≈ €9.8m. This figure is estimated from the gross margin of €2.3m and 98 comparable companies (NACE 46). It probably lies between €5.9m and €17.0m.
Is Curbi Cubes profitable?
In financial year 2025, Curbi Cubes made a profit of €322,179.
Where can I find the annual accounts of Curbi Cubes?
Curbi Cubes filed 15 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of Curbi Cubes due?
Curbi Cubes must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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