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KUB SOLUTION

Active
Private limited companyfounded 2022active for 4 yearsOude Haachtsesteenweg 59, 1831 Machelen (Brab.), Belgium72 active companies are registered at this addressKBO/BCE: BE 0779.782.604
Summary

The computed 12-month bankruptcy probability of KUB SOLUTION is 2.6% (moderate). The 2025 annual accounts show negative equity (-€10,203) and a net result of €2,489. Equity is shrinking by about 82% per year across the filed financial years. The company has been active since 2022 and the Belgian Official Gazette contains no insolvency or warning signals.

Financials · financial year 2025, micro format

2025 annual accounts filed late (34 days) Filed on 3 September 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00503534.

Equity
-€10,203▲ 19.6%
2024 · -€12,692
Total assets
€497▼ 94.8%
2024 · €9,590
Net result
€2,489
2024 · -€11,514
Working capital
-€10,203▲ 6.4%
2024 · -€10,902
Trend over the years

2022 to 2025, 4 financial years

The operating result returns to profit in 2025: €2,897 after a loss of €10,333 in 2024.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result€2,897 2025 Net result€2,489 2025

Use the arrow keys on the chart for the figures per year.

Every figure with its change against the financial year before
favourable unfavourable
Line2022202320242025
Operating result€4,419--€7,404-€10,333▼ 39.6%€2,897
Net result€4,307--€8,485-€11,514▼ 35.7%€2,489
Equity€7,307--€1,178-€12,692▼ 977%-€10,203▲ 19.6%
Total assets€8,804-€24,272▲ 176%€9,590▼ 60.5%€497▼ 94.8%
Debt€1,498-€25,450▲ 17×€22,282▼ 12.4%€10,701▼ 52.0%
Working capital€7,307--€3,058-€10,902▼ 256%-€10,203▲ 6.4%
Staff (FTE)1.2
Turnover and EBIT margin not published: the micro format does not require them.
Key figures and ratios
2025 value · change against 2024
EBITDA
€2,919▲
2024 · -€9,672
Cash flow
€2,511▲
2024 · -€10,853
Interest coverage
7.15▲
2024 · -8.19
Debt ≤ 1 year
€10,701▼
2024 · €18,970
Ratios withheld: a balance sheet total of €497 is too small for a meaningful ratio.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 1,017 companies that looked in July 2024 the way this one looks now, 6.5% went bankrupt within 24 months and 88.8% are still going.

  • Micro
  • 2 to 5 years old
  • negative equity
  • a profit of 5% of the balance sheet or more
6.5% went bankrupt
4.1% stopped otherwise
88.8% still going

A further 0.6% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 2.6% 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 497,475 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to 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%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% 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 1,017 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 · 2025 against 2024 · 38 lines
Balance sheet Code20242025
Assets
Total assets20/58€9,590€497▼
Fixed assets21/28€1,522€0▼
Tangible fixed assets22/27€1,522€0▼
Furniture and vehicles24€1,522€0▼
Current assets29/58€8,068€497▼
Amounts receivable within one year40/41€8,068€213▼
Trade receivables40€7,852-
Other amounts receivable41€216€213▼
Cash at bank and in hand54/58-€284
Equity and liabilities
Total equity and liabilities10/49€9,590€497▼
Equity10/15-€12,692-€10,203▲
Contributions10/11€3,000€3,000=
Profit (loss) carried forward14-€15,692-€13,203▲
Amounts payable17/49€22,282€10,701▼
Amounts payable after more than one year17€3,312-
Financial debts170/4€3,312-
Amounts payable within one year42/48€18,970€10,701▼
Current portion of amounts payable after more than one year42€2,650-
Financial debts43€159-
Credit institutions430/8€159-
Trade debts44€4,756€1,603▼
Suppliers440/4€4,756€1,603▼
Taxes, remuneration and social security45€9,894€1,200▼
Taxes450/3€2,228-
Remuneration and social security454/9€7,666€1,200▼
Other amounts payable47/48€1,511€7,897▲
Income statement Code20242025
Remuneration, social security and pensions62€12,465-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€661€22▼
Other operating charges640/8€6,252-
Gross operating margin9900€9,045€2,919▼
Operating profit (loss)9901-€10,333€2,897▲
Financial charges65/66B€1,181€408▼
Recurring financial charges65€1,181€408▼
Profit (loss) for the period before taxes9903-€11,514€2,489▲
Profit (loss) for the period9904-€11,514€2,489▲
Profit (loss) for the period to be appropriated9905-€11,514€2,489▲
Appropriation of the result
Profit (loss) to be appropriated9906-€15,692-€13,203▲
Profit (loss) brought forward from the previous period14P-€4,178-€15,692▼

The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2022202320242025Change
Remuneration, social security and pensions62€12€5,933€12,465--
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€1,992€661€22▼ 96.7%
Other operating charges640/8€3,080€663€6,252--
Gross operating margin9900€7,510€1,184€9,045€2,919▼ 67.7%
Operating profit (loss)9901€4,419-€7,404-€10,333€2,897-
Financial charges65/66B€112€1,081€1,181€408▼ 65.5%
Recurring financial charges65€112€1,081€1,181€408▼ 65.5%
Profit (loss) for the period before taxes9903€4,307-€8,485-€11,514€2,489-
Profit (loss) for the period9904€4,307-€8,485-€11,514€2,489-
Profit (loss) for the period to be appropriated9905€4,307-€8,485-€11,514€2,489-
Line2022202320242025Change
Assets
Total assets20/58€8,804€24,272€9,590€497▼ 94.8%
Fixed assets21/28-€7,842€1,522€0▼ 100%
Tangible fixed assets22/27-€7,842€1,522€0▼ 100%
Furniture and vehicles24-€7,842€1,522€0▼ 100%
Current assets29/58€8,804€16,430€8,068€497▼ 93.8%
Amounts receivable within one year40/41€4,181€16,416€8,068€213▼ 97.4%
Trade receivables40€4,181€15,214€7,852--
Other amounts receivable41-€1,202€216€213▼ 1.2%
Cash at bank and in hand54/58€4,623€14-€284-
Equity and liabilities
Total equity and liabilities10/49€8,804€24,272€9,590€497▼ 94.8%
Equity10/15€7,307-€1,178-€12,692-€10,203▲ 19.6%
Contributions10/11€3,000€3,000€3,000€3,000=
Profit (loss) carried forward14€4,307-€4,178-€15,692-€13,203▲ 15.9%
Amounts payable17/49€1,498€25,450€22,282€10,701▼ 52.0%
Amounts payable after more than one year17-€5,962€3,312--
Financial debts170/4-€5,962€3,312--
Amounts payable within one year42/48€1,498€19,488€18,970€10,701▼ 43.6%
Current portion of amounts payable after more than one year42-€2,871€2,650--
Financial debts43--€159--
Credit institutions430/8--€159--
Trade debts44€700€9,837€4,756€1,603▼ 66.3%
Suppliers440/4€700€9,837€4,756€1,603▼ 66.3%
Taxes, remuneration and social security45€603€6,781€9,894€1,200▼ 87.9%
Taxes450/3€603€2,736€2,228--
Remuneration and social security454/9-€4,045€7,666€1,200▼ 84.3%
Other amounts payable47/48€195-€1,511€7,897▲ 423%
Line2022202320242025Change
Profit (loss) for the period9904€4,307-€8,485-€11,514€2,489-
+ Depreciation and write-downs630-€1,992€661€22▼ 96.7%
Operating cash flow (approximation)€4,307-€6,494-€10,853€2,511-
Investment in fixed assets (approximation)--€5,659€1,500▼ 73.5%
Change in cash--€4,609---

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

Filings with the National Bank (4)
Financial year Type Filed Reference
31-12-2025 micro format 03-09-2026 2026-00503534
31-12-2024 micro format 08-08-2025 2025-00366509
31-12-2023 micro format 07-10-2024 2024-00506497
31-12-2022 micro format 07-08-2023 2023-00320054

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.