Turnover
The micro format states no turnover.
In July 2024, 39,274 companies had the same profile as HASHCUBE has now. Each dot stands for 99 companies, two years later.
Another 0.1% stopped without a precise date, possibly only after those two years.
The method was tested on the 497,331 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.
| 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 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
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 39,274 companies, not a prediction for HASHCUBE. 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.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
| Company | ||||
|---|---|---|---|---|
| HASHCUBE Mechelen | €130,771 | €39,859 | 77.3% | - |
| Van Pee & Co Mechelen | €131,468 | €39,289 | 81.7% | - |
| MW 5 Mechelen | €133,689 | €46,301 | 91.4% | - |
| Belieco Stabroek | €136,819 | €37,427 | 97.7% | - |
| Alter Eco Consulting Schoten | €124,766 | €42,513 | 90.1% | - |
| TWO BEE CONSULT Bornem | €121,353 | €40,658 | 92.0% | - |
| POMMARD Grobbendonk | €133,542 | €38,316 | 63.1% | - |
These companies have the same main activity as HASHCUBE: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €121,000 and €137,000, founded between 2022 and 2023.
HASHCUBE files the micro format. That format states no turnover. The gross margin rose from €39,237 in 2023 to €39,859 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €120,000. Estimated: probably between €69,000 and €160,000.
Higher than 74% of 39,376 companies in 2025.
Higher than 75% of 38,058 companies in 2025.
Higher than 62% of 38,530 companies in 2025.
Net result: middle half · Equity: middle half · Balance sheet total: middle half · Working capital: middle half
| Line | Trend | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| Balance sheet: assets | ||||
20/58 |
130,771 | 109,334 | 51,685 | |
21/28 |
696 | 1,881 | 3,066 | |
22/27 |
696 | 1,881 | 3,066 | |
24 |
696 | 1,881 | 3,066 | |
29/58 |
130,075 | 107,453 | 48,619 | |
40/41 |
7,078 | 13,310 | 10,648 | |
40 |
7,078 | 13,310 | 10,648 | |
54/58 |
122,364 | 93,543 | 37,550 | |
490/1 |
633 | 600 | 421 | |
| Balance sheet: equity and liabilities | ||||
10/49 |
130,771 | 109,334 | 51,685 | |
10/15 |
101,137 | 71,554 | 30,806 | |
10/11 |
100 | 100 | 100 | |
13 |
101,037 | 71,454 | 30,706 | |
133 |
101,037 | 71,454 | 30,706 | |
17/49 |
29,634 | 37,780 | 20,879 | |
42/48 |
29,634 | 37,780 | 20,879 | |
44 |
1,274 | 5,378 | 2,635 | |
440/4 |
1,274 | 5,378 | 2,635 | |
45 |
28,026 | 31,253 | 18,227 | |
450/3 |
25,825 | 27,940 | 17,527 | |
454/9 |
2,201 | 3,313 | 700 | |
47/48 |
334 | 1,149 | 17 | |
| Income statement | ||||
9900 |
39,859 | 54,127 | 39,237 | |
630 |
1,185 | 1,185 | 489 | |
640/8 |
120 | 118 | - | |
9901 |
38,554 | 52,824 | 38,748 | |
75/76B |
- | 5 | 15 | |
75 |
- | 5 | 15 | |
65/66B |
883 | 1,179 | 37 | |
65 |
883 | 1,179 | 37 | |
9903 |
37,671 | 51,650 | 38,726 | |
67/77 |
8,088 | 10,902 | 8,020 | |
9904 |
29,583 | 40,748 | 30,706 | |
9905 |
29,583 | 40,748 | 30,706 | |
| Appropriation of the result | ||||
9906 |
29,583 | 40,748 | 30,706 | |
691/2 |
29,583 | 40,748 | 30,706 | |
6921 |
29,583 | 40,748 | 30,706 | |
| Document | ||||
The notes to these accounts have 4 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 06-07-2026.
| Line | Trend | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| 39,739 | 54,009 | 39,237 | ||
| 30,768 | 41,933 | 31,195 | ||
| 0 | 0 | 3,555 | ||
| 28,821 | 55,993 | - | ||
| 100,441 | 69,673 | 27,740 | ||
| 77.3% | 65.4% | 59.6% | ||
| 4.39 | 2.84 | 2.33 | ||
| 0.29 | 0.53 | 0.68 | ||
| 29.3% | 56.9% | 99.7% | ||
| 22.6% | 37.3% | 59.4% | ||
| 45.00 | 45.81 | over 100 |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
| Item | 2025 | 2024 | 2023 |
|---|---|---|---|
| Tangible fixed assets | - | - | €3,555 |
| €1,185 | €1,185 | €489 |
Source: notes to the 2023 to 2025 annual accounts (statement of fixed assets)
The operating result for 2025 is 27% lower than in 2024 and the lowest since 2023.
Debt's share of the balance-sheet total falls from 34.6% to 22.7%. Equity is higher and debt is lower.
HASHCUBE has no parent and no holdings in its annual accounts. is the only director. HASHCUBE shares no director with another company.
Deadline for the 2026 accounts: 31-07-2027
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
On 16 March 2023, HASHCUBE was incorporated as a private limited company by one natural person, with a starting capital of €100.12 In 2025 the registered office moved to Mechelen.3 is director of the company, appointed by deed of 20-03-2023.2 Total assets went from €51,685 in 2023 to €130,771 in 2025.4
| Establishment | Since | Unit number |
|---|---|---|
| Liersesteenweg 16 registered office 2800 Mechelen 62100 Computer programming | 15-05-2023 | 2.347.344.669 |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 12402B0175/00C000 | 309 m² | 1 · 96 m² | 11.3 m · 2 |
If something looks wrong or is missing, please tell us.