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DCube

Active
Private limited companyfounded 201412 yrs activeRue de la Victoire, Nov. 40, 5380 Fernelmont, BelgiumKBO/BCE: BE 0553.792.596
Summary

DCube has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €562,788 and a net result of €45,599. Equity is growing by ~15.8% per year across the filed fiscal years. Its solvency ranks better than 49% of 20786 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).

Checked score

Score 2024
59 / 100
Fair
A confirmed filing finding caps the score. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability75▼-6
Solvency87▲+3
Growth52=
Track record100
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €30,000 at 30 days only on tighter terms
Liquidity ample (current ratio 1.59 against 1.47 in 2023; short-term debt: 25.9% and cash: 21.4% of total assets), and 38.3% of the assets are financed with debt.
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Signals

Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk
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 →
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 12 years 0 20 y
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 28-11-2025, 120 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
120 d late
2023
153 d late
2022
120 d late
2021
61 d late
2020
146 d late
2019
91 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 115 days after the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 33% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

DCube was incorporated on 13 June 2014.1 The board currently has 2 members; Anne DENOEL has served longest, since 2026.2 Total assets rose from EUR 303,799 in 2018 to EUR 911,994 in 2024.3

  1. 1Crossroads Bank for Enterprises
  2. 2Belgian State Gazette, 07-08-2026
  3. 3National Bank, annual accounts 2018 and 2024

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Financials · fiscal year 2024, micro schema

Equity
€562,788▲ 8.8%
2023 · €517,190
Total assets
€911,994▲ 3.4%
2023 · €881,700
Net result
€45,599▼ 45.2%
2023 · €83,240
Working capital
€139,957▲ 23.2%
2023 · €113,591
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 62, Computer programming, consultancy and related activities, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20202021202220232024
Operating result€48,296▼ 21.1%€107,430▲ 122%€90,883▼ 15.4%€123,211▲ 35.6%€73,335▼ 40.5%
Net result€30,576within the sector's middle half€87,893above the sector's middle half▲ 187%€59,120above the sector's middle half▼ 32.7%€83,240above the sector's middle half▲ 40.8%€45,599within the sector's middle half▼ 45.2%
Equity€286,938above the sector's middle half▲ 11.9%€374,830above the sector's middle half▲ 30.6%€433,950above the sector's middle half▲ 15.8%€517,190above the sector's middle half▲ 19.2%€562,788above the sector's middle half▲ 8.8%
Total assets€757,261above the sector's middle half▼ 1.1%€844,701above the sector's middle half▲ 11.5%€880,629above the sector's middle half▲ 4.3%€881,700above the sector's middle half▲ 0.1%€911,994above the sector's middle half▲ 3.4%
Debt€470,323▼ 7.6%€469,870▼ 0.1%€446,679▼ 4.9%€364,510▼ 18.4%€349,205▼ 4.2%
Working capital-€73,939below the sector's middle half▲ 23.2%€13,601below the sector's middle half€63,330within the sector's middle half▲ 366%€113,591within the sector's middle half▲ 79.4%€139,957above the sector's middle half▲ 23.2%
Solvency37.9%within the sector's middle half▲ 4.4pp44.4%within the sector's middle half▲ 6.5pp49.3%within the sector's middle half▲ 4.9pp58.7%within the sector's middle half▲ 9.4pp61.7%within the sector's middle half▲ 3.1pp
Current ratio0.73below the sector's middle half▲ 0.061.05below the sector's middle half▲ 0.321.21below the sector's middle half▲ 0.171.47within the sector's middle half▲ 0.261.59within the sector's middle half▲ 0.12
Return on assets (ROA)4.0%within the sector's middle half▲ 9.9pp10.4%within the sector's middle half▲ 6.4pp6.7%within the sector's middle half▼ 3.7pp9.4%within the sector's middle half▲ 2.7pp5.0%within the sector's middle half▼ 4.4pp
above within below the middle half (P25 to P75) of NACE 62, Computer programming, consultancy and related activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€50,000€100,000Operating result 2020: €48,296€48,296Net result 2020: €30,576€30,576Operating result 2021: €107,430€107,430Net result 2021: €87,893€87,893Operating result 2022: €90,883€90,883Net result 2022: €59,120€59,120Operating result 2023: €123,211€123,211Net result 2023: €83,240€83,240Operating result 2024: €73,335€73,335Net result 2024: €45,599€45,59920202021202220232024€0€50,000€100,000Operating result 2022: €90,883€90,900Net result 2022: €59,120€59,100Operating result 2023: €123,211€123,000Net result 2023: €83,240€83,200Operating result 2024: €73,335€73,300Net result 2024: €45,599€45,600202220232024
The operating result falls in 2024; 2024 is 40% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €911,994
Fixed assets €535,867 ▲ 1.5%
Current assets €376,126 ▲ 6.3%
Equity and liabilities €911,994
Equity €562,788 ▲ 8.8%
Debt €349,205 ▼ 4.2%
Debt's share of the balance-sheet total falls from 41.3% to 38.3%. Equity is higher and debt is lower.
Key figures and ratios
2024 value · change against 2023
EBITDA
€96,951▼
2023 · €143,063
Cash flow
€69,215▼
2023 · €103,092
Debt to equity
0.62▼
2023 · 0.70
ROE
8.1%▼
2023 · 16.1%
Interest coverage
53.83▼
2023 · 54.38
Debt ≤ 1 year
€236,169▼
2023 · €240,275
Debt > 1 year
€113,036▼
2023 · €124,235
Income taxes
€28,214▼
2023 · €39,887
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 6,045 companies that looked in July 2024 the way this one looks now, 0.3% went bankrupt within 24 months and 96% are still going.

  • Small
  • 10 to 20 years old
  • solvency 30% or more
  • a profit under 5% of the balance sheet
0.3% went bankrupt
3.6% stopped otherwise
96% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.2% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.7%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 6,045 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2024 against 2023 · 45 lines
Balance sheet Code20232024
Assets
Total assets20/58€881,700€911,994▲
Fixed assets21/28€527,834€535,867▲
Tangible fixed assets22/27€527,834€535,867▲
Land and buildings22€497,254€479,804▼
Furniture and vehicles24€21,880€47,363▲
Other tangible fixed assets26€8,700€8,700=
Current assets29/58€353,866€376,126▲
Amounts receivable within one year40/41€98,254€76,632▼
Trade receivables40€98,130€76,632▼
Other amounts receivable41€124-
Current investments50/53€100,740€100,740=
Cash at bank and in hand54/58€153,013€195,392▲
Deferred charges and accrued income490/1€1,859€3,362▲
Equity and liabilities
Total equity and liabilities10/49€881,700€911,994▲
Equity10/15€517,190€562,788▲
Contributions10/11€6,200€6,200=
Reserves13€139,860€184,860▲
Distributable reserves133€139,860€184,860▲
Profit (loss) carried forward14€371,130€371,728▲
Amounts payable17/49€364,510€349,205▼
Amounts payable after more than one year17€124,235€113,036▼
Financial debts170/4€124,235€113,036▼
Amounts payable within one year42/48€240,275€236,169▼
Current portion of amounts payable after more than one year42€24,897€38,732▲
Trade debts44€12,632€579▼
Suppliers440/4€12,632€579▼
Taxes, remuneration and social security45€18,037€22,560▲
Taxes450/3€18,037€22,560▲
Other amounts payable47/48€184,709€174,298▼
Income statement Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€19,852€23,616▲
Other operating charges640/8€4,627€5,298▲
Gross operating margin9900€147,690€102,249▼
Operating profit (loss)9901€123,211€73,335▼
Financial income75/76B€2,547€2,278▼
Recurring financial income75€2,547€2,278▼
Financial charges65/66B€2,631€1,801▼
Recurring financial charges65€2,631€1,801▼
Profit (loss) for the period before taxes9903€123,127€73,812▼
Income taxes67/77€39,887€28,214▼
Profit (loss) for the period9904€83,240€45,599▼
Profit (loss) for the period to be appropriated9905€83,240€45,599▼
Appropriation of the result
Profit (loss) to be appropriated9906€451,130€416,728▼
Profit (loss) brought forward from the previous period14P€367,890€371,130▲
Transfer to equity691/2€80,000€45,000▼
To other reserves6921€80,000€45,000▼

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20202021202220232024Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€24,707€24,957€24,369€19,852€23,616▲ 19.0%
Other operating charges640/8-€2,996€3,263€4,627€5,298▲ 14.5%
Gross operating margin9900€75,619€135,383€118,516€147,690€102,249▼ 30.8%
Operating profit (loss)9901€48,296€107,430€90,883€123,211€73,335▼ 40.5%
Financial income75/76B-€528€571€2,547€2,278▼ 10.6%
Recurring financial income75€731€528€571€2,547€2,278▼ 10.6%
Financial charges65/66B-€2,571€2,352€2,631€1,801▼ 31.5%
Recurring financial charges65€2,880€2,571€2,352€2,631€1,801▼ 31.5%
Profit (loss) for the period before taxes9903€46,147€105,387€89,103€123,127€73,812▼ 40.1%
Income taxes67/77€15,571€17,494€29,983€39,887€28,214▼ 29.3%
Profit (loss) for the period9904€30,576€87,893€59,120€83,240€45,599▼ 45.2%
Profit (loss) for the period to be appropriated9905€30,576€87,893€59,120€83,240€45,599▼ 45.2%
Line20202021202220232024Change
Assets
Total assets20/58€757,261€844,701€880,629€881,700€911,994▲ 3.4%
Fixed assets21/28€559,947€534,989€519,753€527,834€535,867▲ 1.5%
Tangible fixed assets22/27€559,947€534,989€519,753€527,834€535,867▲ 1.5%
Land and buildings22-€519,210€501,920€497,254€479,804▼ 3.5%
Furniture and vehicles24-€7,080€0€21,880€47,363▲ 116%
Other tangible fixed assets26-€8,700€8,700€8,700€8,700=
Assets under construction and advance payments27--€9,132---
Current assets29/58€197,314€309,711€360,876€353,866€376,126▲ 6.3%
Amounts receivable within one year40/41€25,247€44,441€40,506€98,254€76,632▼ 22.0%
Trade receivables40-€27,351€40,373€98,130€76,632▼ 21.9%
Other amounts receivable41-€17,090€132€124--
Current investments50/53€100,740€100,740€100,740€100,740€100,740=
Cash at bank and in hand54/58€71,218€164,199€219,409€153,013€195,392▲ 27.7%
Deferred charges and accrued income490/1-€332€222€1,859€3,362▲ 80.9%
Equity and liabilities
Total equity and liabilities10/49€757,261€844,701€880,629€881,700€911,994▲ 3.4%
Equity10/15€286,938€374,830€433,950€517,190€562,788▲ 8.8%
Contributions10/11-€6,200€6,200€6,200€6,200=
Reserves13€1,860€1,860€59,860€139,860€184,860▲ 32.2%
Non-distributable reserves130/1-€1,860€1,860---
Reserves not available under the articles1311-€1,860€1,860---
Distributable reserves133--€58,000€139,860€184,860▲ 32.2%
Profit (loss) carried forward14€278,878€366,770€367,890€371,130€371,728▲ 0.2%
Amounts payable17/49€470,323€469,870€446,679€364,510€349,205▼ 4.2%
Amounts payable after more than one year17€198,120€173,760€149,132€124,235€113,036▼ 9.0%
Financial debts170/4-€173,760€149,132€124,235€113,036▼ 9.0%
Amounts payable within one year42/48€271,253€296,111€297,547€240,275€236,169▼ 1.7%
Current portion of amounts payable after more than one year42-€24,361€24,627€24,897€38,732▲ 55.6%
Trade debts44€645€9,589€8,645€12,632€579▼ 95.4%
Suppliers440/4-€9,589€8,645€12,632€579▼ 95.4%
Taxes, remuneration and social security45-€33,600€24,200€18,037€22,560▲ 25.1%
Taxes450/3-€33,600€24,200€18,037€22,560▲ 25.1%
Other amounts payable47/48-€228,562€240,074€184,709€174,298▼ 5.6%
Line20202021202220232024Change
Profit (loss) for the period9904€30,576€87,893€59,120€83,240€45,599▼ 45.2%
+ Depreciation and write-downs630€24,707€24,957€24,369€19,852€23,616▲ 19.0%
Operating cash flow (approximation)€55,283€112,850€83,489€103,092€69,215▼ 32.9%
Investment in fixed assets (approximation)-€0-€9,132-€27,934-€31,649▼ 13.3%
Change in cash-€92,981€55,210-€66,395€42,379▲ 164%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Timeline · acts, filings and financial milestones

2026
07-08
State Gazette act Appointments: Anne DENOEL (director) and Dominique DENOEL (director)
4 facts ▸
  • General meeting, 11-06-2026
  • Director appointment, Anne DENOEL (director)
  • Director appointment, Dominique DENOEL (director)
  • Director in office, Jean DENOEL (director)
2025
28-11
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 120 days late
2024
31-12
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 153 days late
2023
31-12
Financial Equity above €500,000Eq €517,190 ▲19.2%
4 profitable years in a row build equity to €517,190.
28-11
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 120 days late
2022
30-09
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 61 days late
2021
24-12
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 146 days late
2020
31-12
Financial Back to profitnet €30,576
Net result €30,576 after one loss-making year.
30-10
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 91 days late
2019
31-12
Financial Weakest financial yearnet -€44,668
Net result drops to -€44,668, the lowest in the series; recovery starts the following year.
31-08
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 31 days late
2018
31-08
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
2017
17-11
NBB filing Annual accounts filed
fiscal year 2016 · micro schema · 109 days late
2016
31-08
NBB filing Annual accounts filed
fiscal year 2015 · full schema · 31 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 3 acts read
About the unread acts

Of the 3 Belgian State Gazette acts we know for this company, 1 has been read. The other 2 have not been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
2 directors, last change in 2026
Anne DENOEL
Director · since 11-06-2026
Current
Dominique DENOEL
Director · since 11-06-2026
Current
Derived from published Gazette acts. The CBE keeps the official list of function holders; we do not read it, so the two can differ. See the function holders in the CBE →
Not every act has been read: a resignation may be missing here
2 of this company's 3 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.
Location & real-estate footprint
Registered office, Fernelmont · 1 establishment unit since 2014
seat establishment The establishment unit on the map
Ground area
3,355 m²
Building footprint
214 m²
Parcel 92096B0068/00H000, Wallonia. Linked by address, not a title deed.
1 establishment unit
DCube
Rue de la Victoire, Nov. 40, 5380 FernelmontComputer programming, consultancy and related activities
since 20142.232.485.583
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
92096B0068/00H000 Wallonia 3,355 m² 1 · 214 m² -
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.

Mandate history

2 people since 2026, 2 in office
Show
  • Board
Mandates per person, with start and end dates
Name Functions and periods
Anne DENOEL
  • Director, from 11-06-2026 to date
Dominique DENOEL
  • Director, from 11-06-2026 to date
See the board, name and seat on a given date →

Structure & network

Connections & network

2 current directors
Depth

The network starts from this company’s directors. Other companies they run appear here as nodes.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, scroll to zoom.

Recognitions · licences · registrations

Legal Entity Identifier

967600I3C7675WIL9O91
no longer live in the LEI register

Similar companies · same sector, comparable size

Of 30,007 companies in sector 62200 we hold annual accounts for 18,400. 11,452 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
Founded13-06-2014
Fiscal year end31-12
Activities, NACEBEL 2025
62200Computer consultancy and computer facilities management
62100Computer programming
70200Business and other management consultancy
85592Vocational training
85593Socio-cultural adult education
Contact
E-mail denoel.nicole@gmail.comFernelmont
Phone 081/22.01.49Fernelmont
E-invoicing
Reachable via Peppol
Peppol ID 0208:0553792596
Registered 23-12-2025

Register as of 28 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.