HB CUBE
ActiveSummary
HB CUBE has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €36,324 and a net result of €5,003. Equity remains stable across the filed fiscal years (±0.9% per year). Its solvency ranks better than 80% of 353 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability82▲+64
Solvency100▲+2
Growth32=
Track record100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3,000 at 30 days acceptable
Liquidity ample (current ratio 3.77 against 3.63 in 2024; short-term debt: 24.2% and cash: 26.7% of total assets), and 24.2% 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○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 23
Relative position
BE, all sectors
reference
Manufacture of other non-metallic mineral products (NACE 23)
about 17% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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
75.8%
Return on assets
10.4%
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 29-07-2026, 2 days ahead of the deadline.
NBB · 9 filingsDeviation from the deadline
2025
2 d early
2024
70 d late
2023
31 d late
2022
31 d late
2021
31 d late
2020
31 d late
2019
151 d late
← 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 49 days after the deadline; the sector median for financial year 2024 is 11 days before the deadline, and 34% 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 31 August (4 of the last 5 filed years within 33 days of that day).
Companies Code · seven monthsPosition in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€36,324▲ 16.0%
2024 · €31,321
Total assets
€47,923▲ 12.3%
2024 · €42,674
Net result
€5,003
2024 · -€3,499
Working capital
€32,062▲ 7.3%
2024 · €29,872
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 23, Manufacture of other non-metallic mineral products, 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
Line20212022202320242025
Operating result-€16,766€15,802€6,310▼ 60.1%-€814€6,384
Net result-€16,766below the sector's middle half€14,336within the sector's middle half€2,040within the sector's middle half▼ 85.8%-€3,499within the sector's middle half€5,003within the sector's middle half
Equity€32,444within the sector's middle half▼ 34.1%€32,780within the sector's middle half▲ 1.0%€34,820within the sector's middle half▲ 6.2%€31,321within the sector's middle half▼ 10.0%€36,324within the sector's middle half▲ 16.0%
Total assets€41,357below the sector's middle half▼ 57.7%€59,386below the sector's middle half▲ 43.6%€65,420below the sector's middle half▲ 10.2%€42,674below the sector's middle half▼ 34.8%€47,923below the sector's middle half▲ 12.3%
Debt€8,913▼ 81.6%€26,606▲ 199%€30,600▲ 15.0%€11,353▼ 62.9%€11,599▲ 2.2%
Working capital€19,460within the sector's middle half▼ 36.5%€17,082within the sector's middle half▼ 12.2%€26,154within the sector's middle half▲ 53.1%€29,872within the sector's middle half▲ 14.2%€32,062within the sector's middle half▲ 7.3%
Solvency78.4%above the sector's middle half▲ 28.1pp55.2%within the sector's middle half▼ 23.3pp53.2%within the sector's middle half▼ 2.0pp73.4%above the sector's middle half▲ 20.2pp75.8%above the sector's middle half▲ 2.4pp
Current ratio3.18within the sector's middle half▲ 1.551.64within the sector's middle half▼ 1.541.85within the sector's middle half▲ 0.213.63above the sector's middle half▲ 1.783.77above the sector's middle half▲ 0.14
Return on assets (ROA)-40.5%below the sector's middle half▼ 64.8pp24.1%above the sector's middle half▲ 64.7pp3.1%within the sector's middle half▼ 21.0pp-8.2%below the sector's middle half▼ 11.3pp10.4%within the sector's middle half▲ 18.6pp
above
within
below
the middle half (P25 to P75) of NACE 23, Manufacture of other non-metallic mineral products, 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
The operating result returns to profit in 2025: €6,384 after a loss of €814 in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €47,923
Fixed assets
€4,279 ▲ 195%
Current assets
€43,644 ▲ 5.9%
Equity and liabilities €47,923
Equity
€36,324 ▲ 16.0%
Debt
€11,599 ▲ 2.2%
Debt's share of the balance-sheet total falls from 26.6% to 24.2%. Equity and debt are higher.
Key figures and ratios
EBITDA
€8,586▲
2024 · €2,965
Cash flow
€7,205▲
2024 · €280
Debt to equity
0.32▼
2024 · 0.36
ROE
13.8%▲
2024 · -11.2%
Interest coverage
64.33▲
2024 · 1.10
Debt ≤ 1 year
€11,582▲
2024 · €11,353
Income taxes
€1,247
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 26,970 companies that looked in July 2024 the way this one looks now, 1.5% went bankrupt within 24 months and 95% are still going.
- Micro
- 5 to 10 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
1.5%
went bankrupt
3.4%
stopped otherwise
95%
still going
A further 0.3% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.5% 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%.
| 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 26,970 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
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €10,036 | €8,393 | €7,031 | €3,779 | €2,202 | ▼ 41.7% |
| Other operating charges640/8 | €1,020 | €1,278 | €2,076 | €5,492 | €1,653 | ▼ 69.9% |
| Non-recurring operating charges66A | - | - | - | €6,331 | - | - |
| Gross operating margin9900 | -€5,710 | €25,473 | €15,418 | €14,788 | €10,238 | ▼ 30.8% |
| Operating profit (loss)9901 | -€16,766 | €15,802 | €6,310 | -€814 | €6,384 | ▲ 885% |
| Financial income75/76B | €17 | - | - | €3 | - | - |
| Recurring financial income75 | €17 | - | - | €3 | - | - |
| Financial charges65/66B | €276 | €1,466 | €2,949 | €2,688 | €133 | ▼ 95.0% |
| Recurring financial charges65 | €276 | €1,466 | €2,949 | €2,688 | €133 | ▼ 95.0% |
| Profit (loss) for the period before taxes9903 | -€17,026 | €14,336 | €3,361 | -€3,499 | €6,250 | ▲ 279% |
| Income taxes67/77 | -€260 | - | €1,321 | - | €1,247 | - |
| Profit (loss) for the period9904 | -€16,766 | €14,336 | €2,040 | -€3,499 | €5,003 | ▲ 243% |
| Profit (loss) for the period to be appropriated9905 | -€16,766 | €14,336 | €2,040 | -€3,499 | €5,003 | ▲ 243% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €41,357 | €59,386 | €65,420 | €42,674 | €47,923 | ▲ 12.3% |
| Fixed assets21/28 | €12,984 | €15,698 | €8,666 | €1,449 | €4,279 | ▲ 195% |
| Tangible fixed assets22/27 | €12,984 | €15,698 | €8,666 | €1,449 | €4,279 | ▲ 195% |
| Plant, machinery and equipment23 | €8,073 | €7,577 | €3,869 | €1,449 | €3,371 | ▲ 133% |
| Furniture and vehicles24 | €4,911 | €8,120 | €4,797 | - | €908 | - |
| Current assets29/58 | €28,372 | €43,688 | €56,754 | €41,226 | €43,644 | ▲ 5.9% |
| Amounts receivable within one year40/41 | €9,140 | €8,617 | €35,673 | €15,737 | €30,425 | ▲ 93.3% |
| Trade receivables40 | €7,574 | €8,617 | €33,470 | €10,363 | €16,614 | ▲ 60.3% |
| Other amounts receivable41 | €1,565 | - | €2,203 | €5,374 | €13,811 | ▲ 157% |
| Cash at bank and in hand54/58 | €15,579 | €32,364 | €16,917 | €23,926 | €12,773 | ▼ 46.6% |
| Deferred charges and accrued income490/1 | €3,654 | €2,707 | €4,164 | €1,563 | €446 | ▼ 71.5% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €41,357 | €59,386 | €65,420 | €42,674 | €47,923 | ▲ 12.3% |
| Equity10/15 | €32,444 | €32,780 | €34,820 | €31,321 | €36,324 | ▲ 16.0% |
| Contributions10/11 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Non-distributable reserves130/1 | €1,860 | €1,860 | - | - | - | - |
| Reserves not available under the articles1311 | €1,860 | €1,860 | - | - | - | - |
| Distributable reserves133 | - | - | €1,860 | €1,860 | €1,860 | = |
| Profit (loss) carried forward14 | €11,984 | €12,320 | €14,360 | €10,861 | €15,864 | ▲ 46.1% |
| Amounts payable17/49 | €8,913 | €26,606 | €30,600 | €11,353 | €11,599 | ▲ 2.2% |
| Amounts payable within one year42/48 | €8,913 | €26,606 | €30,600 | €11,353 | €11,582 | ▲ 2.0% |
| Current portion of amounts payable after more than one year42 | - | €1,292 | - | - | - | - |
| Trade debts44 | €0 | €1,488 | €1,437 | - | €1,730 | - |
| Suppliers440/4 | €0 | €1,488 | €1,437 | - | €1,730 | - |
| Taxes, remuneration and social security45 | €2,085 | €1,646 | €9,044 | €3,698 | €4,407 | ▲ 19.2% |
| Taxes450/3 | €2,085 | €1,646 | €6,532 | €1,127 | €4,407 | ▲ 291% |
| Remuneration and social security454/9 | - | - | €2,512 | €2,571 | - | - |
| Other amounts payable47/48 | €6,827 | €22,180 | €20,119 | €7,656 | €5,445 | ▼ 28.9% |
| Accrued charges and deferred income492/3 | - | - | - | - | €17 | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€16,766 | €14,336 | €2,040 | -€3,499 | €5,003 | ▲ 243% |
| + Depreciation and write-downs630 | €10,036 | €8,393 | €7,031 | €3,779 | €2,202 | ▼ 41.7% |
| Operating cash flow (approximation) | -€6,729 | €22,729 | €9,072 | €280 | €7,205 | ▲ 2,477% |
| Investment in fixed assets (approximation) | - | -€11,106 | €0 | €3,439 | -€5,032 | ▼ 246% |
| Change in cash | - | €16,785 | -€15,447 | €7,009 | -€11,152 | ▼ 259% |
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
29-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Back to profitnet €5,003
Net result €5,003 after one loss-making year.
09-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 70 days late
2024
31-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 31 days late
2023
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
31-12
Financial
Back to profitnet €14,336
Net result €14,336 after one loss-making year.
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
31-12
Financial
Back to profitnet €23,666
Net result €23,666 after one loss-making year.
29-12
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 151 days late
2019
31-12
Financial
Weakest financial yearnet -€24,387
Net result drops to -€24,387, 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
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 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
2 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, Hamois · 1 establishment unit since 2017
Ground area
1,478 m²
Building footprint
116 m²
Parcel 91092A0197/00Y000, Wallonia. Linked by address, not a title deed.
1 establishment unit
HB CUBE
since 20172.262.652.781
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 91092A0197/00Y000 | Wallonia | 1,478 m² | 1 · 116 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.
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Of 176 companies in sector 23630 we hold annual accounts for 148. 48 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
Founded22-02-2017
Fiscal year end31-12
Abbreviation FR
HB³
Activities, NACEBEL 2025
23630Manufacture of other non-metallic mineral products
43331Floor and wall tiling
71112Activities of interior architects
74120Graphic design and visual communication
E-invoicing
Reachable via Peppol
Peppol ID
0208:0671733413
Also
9925:BE0671733413
Registered
28-07-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.