FCUBE
ActiveSummary
FCUBE has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €50.0m and a net result of €2.2m. Equity is growing by ~13.6% per year across the filed fiscal years. Its solvency ranks better than 80% of 3221 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability49▼-9
Solvency100=
Growth68=
Track record94
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €120,000 at 30 days acceptable
Liquidity ample (current ratio 4.38 against 4.57 in 2024; short-term debt: 5.2% and cash: 0.4% of total assets), and 13.8% of the assets are financed with debt.
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Signals
Six 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 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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
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
86.2%
Return on assets
3.7%
Age of the figures
9 mo
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 30-07-2026, 1 day ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
1 d early
2024
29 d late
2023
98 d late
2022
18 d late
2021
24 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 5 accounts on average 34 days after the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% 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.
Companies Code · seven monthsPosition in the running window
27-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, full schema
In the rankings
#1 company by equity in Fernelmont, Professional and technical services sector#2 company by total assets in Fernelmont, Professional and technical services sector
Turnover
€1.3m▲ 68.6%
2024 · €755,455
EBIT margin
-3.0%▼ 4.1pp
2024 · 1.1%
Net result
€2.2m▼ 64.3%
2024 · €6.0m
Working capital
€10.2m▲ 3.5%
2024 · €9.8m
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Turnover€528,124€755,455▲ 43.0%€1.3m▲ 68.6%
Operating result-€99,891--€1,229▲ 98.8%€50,265€8,408▼ 83.3%-€38,241
Net result€8.2m-€9.2m▲ 12.1%€5.2m▼ 43.0%€6.0m▲ 15.0%€2.2m▼ 64.3%
EBIT margin9.5%1.1%▼ 8.4pp-3.0%▼ 4.1pp
Equity€28.6m-€37.4m▲ 30.8%€42.1m▲ 12.5%€48.0m▲ 14.0%€50.0m▲ 4.2%
Total assets€46.1m-€48.9m▲ 6.0%€52.7m▲ 7.7%€57.5m▲ 9.2%€58.0m▲ 1.0%
Debt€17.5m-€11.4m▼ 34.6%€10.5m▼ 8.1%€9.5m▼ 10.0%€8.0m▼ 15.3%
Working capital-€21,121-€4.1m€6.4m▲ 56.3%€9.8m▲ 54.1%€10.2m▲ 3.5%
Staff (FTE)22.8▲ 40.0%3.8▲ 35.7%6.8▲ 78.9%
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €38,241 after €8,408 in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €58.0m
Fixed assets
€44.9m ▼ 0.1%
Current assets
€13.2m ▲ 4.7%
Equity and liabilities €58.0m
Equity
€50.0m ▲ 4.2%
Debt
€8.0m ▼ 15.3%
Debt's share of the balance-sheet total falls from 16.5% to 13.8%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€248,030▲
2024 · €198,013
Cash flow
€2.4m▼
2024 · €6.2m
Current ratio
4.38▼
2024 · 4.57
Quick ratio
4.38▼
2024 · 4.57
Debt to equity
0.16▼
2024 · 0.20
ROE
4.3%▼
2024 · 12.6%
ROA
3.7%▼
2024 · 10.5%
Interest coverage
0.10▼
2024 · 0.61
Debt ≤ 1 year
€3.0m▲
2024 · €2.8m
Debt > 1 year
€5.0m▼
2024 · €6.7m
Income taxes
-€12,451▼
2024 · -€1,600
Staff costs
€540,861▲
2024 · €308,053
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Operating income70/76A | - | - | €550,838 | €763,684 | €1.3m | ▲ 75.9% |
| Turnover70 | - | - | €528,124 | €755,455 | €1.3m | ▲ 68.6% |
| Other operating income74 | - | - | €22,714 | €8,229 | €69,200 | ▲ 741% |
| Operating charges60/66A | - | - | €500,573 | €755,275 | €1.4m | ▲ 82.9% |
| Goods for resale, raw materials and consumables60 | - | - | €1,437 | €16,408 | €15,959 | ▼ 2.7% |
| Purchases600/8 | - | - | €1,437 | €16,408 | €15,959 | ▼ 2.7% |
| Services and other goods61 | - | - | €136,614 | €201,451 | €470,788 | ▲ 134% |
| Remuneration, social security and pensions62 | - | €55,083 | €209,623 | €308,053 | €540,861 | ▲ 75.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €521 | €59,484 | €140,194 | €189,605 | €286,271 | ▲ 51.0% |
| Other operating charges640/8 | - | €1,077 | €12,705 | €39,758 | €67,409 | ▲ 69.5% |
| Gross operating margin9900 | -€99,370 | €114,414 | - | - | - | - |
| Operating profit (loss)9901 | -€99,891 | -€1,229 | €50,265 | €8,408 | -€38,241 | ▼ 555% |
| Financial income75/76B | €8.3m | €9.3m | €5.5m | €6.3m | €4.7m | ▼ 25.3% |
| Recurring financial income75 | €8.3m | €9.3m | €5.5m | €6.3m | €4.7m | ▼ 25.3% |
| Income from financial fixed assets750 | - | - | €5.5m | €6.1m | €4.6m | ▼ 24.9% |
| Income from current assets751 | - | - | - | €212,073 | €132,187 | ▼ 37.7% |
| Financial charges65/66B | €5,499 | €53,340 | €342,853 | €326,845 | €2.6m | ▲ 685% |
| Recurring financial charges65 | €5,499 | €53,340 | €342,853 | €326,845 | €2.6m | ▲ 685% |
| Debt charges650 | - | - | €342,853 | €326,845 | €2.6m | ▲ 685% |
| Non-recurring financial charges66B | €5,499 | - | - | - | - | - |
| Profit (loss) for the period before taxes9903 | €8.2m | €9.2m | €5.3m | €6.0m | €2.1m | ▼ 64.5% |
| Income taxes67/77 | - | €471 | €3,703 | -€1,600 | -€12,451 | ▼ 678% |
| Taxes670/3 | - | - | €3,703 | - | €1,989 | - |
| Tax adjustments and reversals of tax provisions77 | - | - | - | €1,600 | €14,440 | ▲ 803% |
| Profit (loss) for the period9904 | €8.2m | €9.2m | €5.2m | €6.0m | €2.2m | ▼ 64.3% |
| Profit (loss) for the period to be appropriated9905 | €8.2m | €9.2m | €5.2m | €6.0m | €2.2m | ▼ 64.3% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €46.1m | €48.9m | €52.7m | €57.5m | €58.0m | ▲ 1.0% |
| Fixed assets21/28 | €41.9m | €42.4m | €43.7m | €44.9m | €44.9m | ▼ 0.1% |
| Intangible fixed assets21 | - | €6,758 | €4,490 | €3,203 | €2,212 | ▼ 30.9% |
| Tangible fixed assets22/27 | €29,469 | €564,506 | €1.8m | €3.1m | €5.3m | ▲ 72.9% |
| Land and buildings22 | - | €177,457 | €1.3m | €1.3m | €3.6m | ▲ 185% |
| Plant, machinery and equipment23 | - | €81,888 | €73,682 | €51,496 | €50,289 | ▼ 2.3% |
| Furniture and vehicles24 | €23,511 | €305,161 | €221,180 | €259,106 | €621,139 | ▲ 140% |
| Other tangible fixed assets26 | - | - | €234,097 | €197,390 | €757,739 | ▲ 284% |
| Assets under construction and advance payments27 | €5,959 | - | €4,132 | €1.3m | €306,010 | ▼ 76.6% |
| Financial fixed assets28 | €41.8m | €41.8m | €41.8m | €41.8m | €39.6m | ▼ 5.5% |
| Affiliated companies280/1 | - | - | €41.8m | €41.8m | €39.6m | ▼ 5.5% |
| Participating interests280 | - | - | €41.8m | €41.8m | €39.6m | ▼ 5.5% |
| Current assets29/58 | €4.3m | €6.5m | €9.0m | €12.6m | €13.2m | ▲ 4.7% |
| Stocks and contracts in progress3 | - | - | €5,132 | €3,432 | €250 | ▼ 92.7% |
| Stocks30/36 | - | - | €5,132 | €3,432 | €250 | ▼ 92.7% |
| Advance payments36 | - | - | €5,132 | €3,432 | €250 | ▼ 92.7% |
| Amounts receivable within one year40/41 | €4.0m | €5.8m | €8.9m | €8.6m | €12.9m | ▲ 49.5% |
| Other amounts receivable41 | €4.0m | €5.8m | €8.9m | €8.6m | €12.9m | ▲ 49.5% |
| Cash at bank and in hand54/58 | €260,844 | €710,013 | €56,582 | €3.9m | €216,067 | ▼ 94.5% |
| Deferred charges and accrued income490/1 | - | €2,977 | €7,974 | €15,486 | €30,898 | ▲ 99.5% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €46.1m | €48.9m | €52.7m | €57.5m | €58.0m | ▲ 1.0% |
| Equity10/15 | €28.6m | €37.4m | €42.1m | €48.0m | €50.0m | ▲ 4.2% |
| Contributions10/11 | €21.0m | €21.0m | €21.0m | €21.0m | €21.0m | = |
| Capital10 | €21.0m | €21.0m | €21.0m | €21.0m | €21.0m | = |
| Issued capital100 | €21.0m | €21.0m | €21.0m | €21.0m | €21.0m | = |
| Reserves13 | €450,000 | €1.3m | €2.1m | €2.1m | €2.1m | = |
| Non-distributable reserves130/1 | €450,000 | €1.3m | €2.1m | €2.1m | €2.1m | = |
| Legal reserve130 | €450,000 | €1.3m | €2.1m | €2.1m | €2.1m | = |
| Profit (loss) carried forward14 | €7.2m | €15.2m | €19.1m | €25.0m | €27.0m | ▲ 8.0% |
| Amounts payable17/49 | €17.5m | €11.4m | €10.5m | €9.5m | €8.0m | ▼ 15.3% |
| Amounts payable after more than one year17 | €13.2m | €9.0m | €7.9m | €6.7m | €5.0m | ▼ 25.4% |
| Financial debts170/4 | €13.2m | €9.0m | €7.9m | €6.7m | €5.0m | ▼ 25.4% |
| Credit institutions173 | - | - | €7.9m | €6.7m | €5.0m | ▼ 25.4% |
| Amounts payable within one year42/48 | €4.3m | €2.4m | €2.6m | €2.8m | €3.0m | ▲ 9.3% |
| Current portion of amounts payable after more than one year42 | - | €2.2m | €2.3m | €2.4m | €2.6m | ▲ 7.6% |
| Financial debts43 | - | - | - | €0 | - | - |
| Other loans439 | - | - | - | €0 | - | - |
| Trade debts44 | €18,994 | €42,946 | €34,986 | €73,817 | €106,527 | ▲ 44.3% |
| Suppliers440/4 | €18,994 | €42,946 | €34,986 | €73,817 | €106,527 | ▲ 44.3% |
| Taxes, remuneration and social security45 | - | €145,608 | €79,288 | €64,871 | €103,069 | ▲ 58.9% |
| Taxes450/3 | - | €134,231 | €66,864 | €50,274 | €59,639 | ▲ 18.6% |
| Remuneration and social security454/9 | - | €11,376 | €12,424 | €14,597 | €43,431 | ▲ 198% |
| Other amounts payable47/48 | €4.3m | €60,305 | €213,980 | €172,166 | €172,422 | ▲ 0.1% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €8.2m | €9.2m | €5.2m | €6.0m | €2.2m | ▼ 64.3% |
| + Depreciation and write-downs630 | €521 | €59,484 | €140,194 | €189,605 | €286,271 | ▲ 51.0% |
| Operating cash flow (approximation) | €8.2m | €9.3m | €5.4m | €6.2m | €2.4m | ▼ 60.8% |
| Investment in fixed assets (approximation) | - | -€609,579 | -€1.4m | -€1.4m | -€245,908 | ▲ 82.9% |
| Change in cash | - | €449,169 | -€653,431 | €3.9m | -€3.7m | ▼ 196% |
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
30-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial
Weakest financial yearnet €2.2m ▼64.3%
Net result drops to €2.2m, the lowest in the series.
31-12
Financial
Equity above €50mEq €50.0m ▲4.2%
5 profitable years in a row build equity to €50.0m.
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 29 days late
2024
06-11
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 98 days late
2023
18-08
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 18 days late
2022
31-12
Financial
Highest result since 2021net €9.2m ▲12.1%
Net result €9.2m, the highest in the series.
31-12
Financial
Liquidity triplescurrent ratio 2.69
Current ratio from 1.00 to 2.69; short-term debt falls from €4.3m to €2.4m.
24-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 24 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 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
5 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, Fernelmont · 1 establishment unit since 2021
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Rue Georges Cosse, ZI, Nov. 265380 Fernelmont1 establishment unit
FCUBE
since 20212.319.105.296
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Of 82,642 companies in sector 70200 we hold annual accounts for 52,590. 1,975 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded22-06-2021
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
62100Computer programming
62200Computer consultancy and computer facilities management
63910Web portal activities
68110Buying and selling of own real estate
68201Renting and operating of own or leased residential real estate, excluding social housing
68203Renting and operating of own or leased non-residential real estate, excluding land
74130Interior design
74140Other specialised design activities
82990Other business support services
E-invoicing
Reachable via Peppol
Peppol ID
0208:0769974914
Registered
16-01-2026
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.