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KUB SOLUTION

Active
Private limited companyfounded 2022active for 4 yearsOude Haachtsesteenweg 59, 1831 Machelen (Brab.), BelgiumKBO/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 has been shrinking by about 82% per year since 2022. The company has been active since 2022 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Overview

Official details

Source: KBO
Status
Active since 06-01-2022 Normal situation
Registered office
72 active companies are registered at this address 6 started in the 12 months before. Source: KBO register, as of 3 November 2026.
Activity
No activity registered in the KBO
Establishment unit
2.326.173.826 1030 Schaarbeek, since 06-01-2022
Financial year end
31 December
Peppol
Not found in the Peppol Directory

Board and ownership

Board

Financial position

52 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
2.6%
Annual accounts 2025
Gross margin
€2,919
▼ 67.7%
Turnover
≈ €22,000
estimated
Profit
€2,489
Equity
-€10,203
▲ 19.6%
Total assets
€497
▼ 94.8%
  • Negative equity on 31-12-2025
  • 2025 accounts filed 34 days after the deadline
Score breakdownraises riskNo main activity registeredFounded in 2022Last filed accounts filed 34 days late; 2 of the last 3 accounts latelowers riskSize: total assets €497Show the evidence

Checked score

Score 2025
52 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 51% of micro companies without a NACE code
Financial strength · tick: 2024
Average
Solvency 0=
equity -2052.0% of total assets
Liquidity 50+50
short-term debt 2152.0% · cash 57.1%
Profitability 100+100
return on assets 500.6%
Bankruptcy probability within 12 months
2.6% Moderate
0%0.5%1.5%4%10%≥ 25%

About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 6.5% 01-2025: 6.5%● unchanged vs 12-2024 02-2025: 6.5%● unchanged vs 01-2025 03-2025: 6.9%▲ +0.4 percentage points vs 02-2025 04-2025: 7.1%▲ +0.2 percentage points vs 03-2025 05-2025: 7.1%● unchanged vs 04-2025 06-2025: 7.1%● unchanged vs 05-2025 07-2025: 7.0%▼ -0.1 percentage points vs 06-2025 08-2025: 8.2%▲ +1.2 percentage points vs 07-2025highest value 09-2025: 5.1%▼ -3.1 percentage points vs 08-2025 10-2025: 5.0%▼ -0.1 percentage points vs 09-2025 11-2025: 5.0%● unchanged vs 10-2025 12-2025: 5.0%● unchanged vs 11-2025 01-2026: 5.0%● unchanged vs 12-2025 02-2026: 5.1%▲ +0.1 percentage points vs 01-2026 03-2026: 5.3%▲ +0.2 percentage points vs 02-2026 04-2026: 5.3%● unchanged vs 03-2026 05-2026: 5.3%● unchanged vs 04-2026 06-2026: 5.3%● unchanged vs 05-2026 07-2026: 5.5%▲ +0.2 percentage points vs 06-2026 08-2026: 6.5%▲ +1.0 percentage point vs 07-2026 09-2026: 6.8%▲ +0.3 percentage points vs 08-2026 10-2026: 2.6%▼ -4.2 percentage points vs 09-2026lowest value 11-2026: 2.6%● unchanged vs 10-2026lowest value
No credit on open account
The balance sheet total is too small for a liquidity verdict. Equity is negative.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (no NACE code, micro). It does better than 5% of them on solvency, 35% on liquidity, 90% on profitability and 76% on growth.

The bankruptcy probability was computed on 02-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

Credit check for an amount and term of your choice

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.

Signals

Five signals.
lowers riskraises risk
raises risk · No main activity registered
KBO
raises risk · Founded in 2022
Companies of this age fail more often than older ones. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Last filed accounts filed 34 days late; 2 of the last 3 accounts late
NBB · filings
lowers risk · Size: total assets €497
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · 2025 accounts filed 34 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 03-09-2026, 34 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 4 filings
Deviation from the deadline
2025
34 days late
2024
8 days late
2023
68 days late
2022
7 days late
← before the deadline after the deadline →
tick = median of all Belgian filings

The company filed its last 4 accounts on average 29 days after the deadline. The Belgian median for financial year 2024 was 4 days before the deadline, and 38% of all filings were late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 21 August (3 of the last 4 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
03-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since incorporation in 2022.
KBO publications

Financials

Financials · financial year 2025, micro format

2025 annual accounts filed 34 days after the deadline 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.

Annual accounts 2025 filed on 03-09-2026 at the NBB all 4 filings

Turnover
≈ €22,000
Estimated: probably between €10,000 and €53,000
Total assets
€497▼ 94.8%
2024 · €9,590
Net result
€2,489
2024 · -€11,514
Working capital
-€10,203▲ 6.4%
2024 · -€10,902
Multi-year overview
2022 to 2025, 4 financial years
Operating result
€2,897
2025
20222025
Net result
€2,489
2025
20222025
Equity
-€10,203
▲ 19.6% 2025
20222025
Total assets
€497
▼ 94.8% 2025
20222025
Debt
€10,701
▼ 52.0% 2025
20222025
Working capital
-€10,203
▲ 6.4% 2025
20222025
Staff (FTE)
no figure
2025
20222025
Every figure per financial 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

The operating result for 2025 is a profit of €2,897, after a loss of €10,333 in 2024.

Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.

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
The ratios are withheld because 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.

Staff

social balance sheet
Item31-12-2024
Employees at the balance-sheet date0
full-time0
part-time0
in full-time equivalents0
Average over the year, in full-time equivalents0.4
On a permanent contract0
Joined0
Left2
Training hours0

Source: social balance sheet in the 2024 annual accounts

Investments

fixed assets acquired
Item2022202320242025
Tangible fixed assets€2,300€9,833€3,900€6,025
Depreciation and write-downs of the year-€1,992€661€22

Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)

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 have 7 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 03-09-2026.

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---

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

Download as CSV

Historical observation

In July 2024, 1,017 companies had the same profile as KUB SOLUTION has now. Two years later, 89.2% were still going and 6.5% had gone bankrupt.

  • Micro
  • 2 to 5 years old
  • negative equity
  • a profit of 5% of the balance sheet or more
89.2% was still going
4.0% stopped otherwise
6.5% went bankrupt

Another 0.3% stopped without a precise date, possibly only after those two years.

That fits the bankruptcy probability of KUB SOLUTION itself: 2.6% within 12 months.

Test of the method

The method was tested on the 497,446 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.

The companies in ten equal groups, from the lowest to the 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%

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 1,017 companies, not a prediction for KUB SOLUTION. 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.

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

Board & ownership

Directors

Directors
1 director, no change since 2022
KUBAT Muhammed Enes
Director · appointed in the act of 10-01-2022 · term without a fixed end
Current
Signing authorityThe articles say who may bind the company, for example by signing a contract.
Each director alone
deed of 10-01-2022

Owners and capital

Articles of association

Board ruleThese rules set how the board is made up, meets and takes decisions.
“1”
Transfer restrictionThis rule says whether shareholders may sell their shares freely or need approval first.
“Voor helft overdrager en helft koper(s), zelfde formaliteiten indien geen aandeelhouder van rechtswege”

Articles of association, deed of 10-01-2022 (in Dutch)

Network & group

KUB SOLUTION shares no director with another company.

Companies at the same address

71 other companies

Connections & network

1 current director
Depth

The network starts from the directors of KUB SOLUTION. Every other company they run is a node.

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

Timeline

Acts, filings and financial milestones

Deadline for the 2026 accounts: 31-07-2027
2026
03-09
NBB filing Annual accounts 2025 filedNBB
micro format · 34 days late
2025
31-12
Financial Back to profitnet €2,489
The net result is €2,489, after 2 loss-making years.
08-08
NBB filing Annual accounts 2024 filedPDF
micro format · 8 days late
2024
31-12
Financial Weakest financial yearnet -€11,514
The net result drops to -€11,514, the lowest from 2022 to 2025. It recovers the following year.
07-10
NBB filing Annual accounts 2023 filedPDF
micro format · 68 days late
2023
07-08
NBB filing Annual accounts 2022 filedPDF
micro format · 7 days late
2022
10-01
Gazette deed Incorporation
Appointment: KUBAT Muhammed Enes (director) · Founder · Founding capital5 points ▸
  • Founder, KUBAT Muhammed Enes (comparant)
  • Incorporation, “KUB SOLUTION” (deed in Dutch)
  • Founding capital, €3,000
  • Director appointment, KUBAT Muhammed Enes (director)
  • Other provision, “begin werkzaamheden, dag verkrijging rechtspersoonlijkheid,hetzij dag neerlegging uitgifte oprichtingsakte ter griffie overeenkomstig wet” (deed in Dutch)

Open the act in the Belgian Official Gazette

Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.

Sources:Publications in the Belgian Official GazetteFilings with the National Bank

History

On 6 January 2022, KUB SOLUTION was incorporated as a private limited company.1 KUBAT Muhammed Enes is director of the company, appointed in the act of 10-01-2022.2 Total assets went from €8,804 in 2022 to €9,590 in 2024.3

  1. 1KBO register
  2. 2Belgian Official Gazette, 10-01-2022
  3. 3National Bank, annual accounts 2022 and 2024

Company details

Register details

Identity

KBO record
Name KUB SOLUTION in Dutch
Enterprise number 0779.782.604
Legal form Private limited company
Status Active, normale toestand
Founded 06-01-2022
Entity type Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 10-01-2022 (in Dutch)
Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
“Vlaamse Gewest, overbrenging naar om het even welke plaats in het Vlaamse Gewest of in het Brussels Hoofdstedelijk Gewest door eenvoudige…”
deed of 10-01-2022 (in Dutch)

Registered office and establishments

Registered office Oude Haachtsesteenweg 59, 1831 Machelen (Brab.), Belgium
Establishment unit KUB SOLUTION, Albert Giraudlaan 23, 1030 Schaarbeek since 06-01-2022 · unit number 2.326.173.8264335001

Invoicing and payment

VAT number BE 0779.782.604
E-invoicing via Peppol
Not found in the Peppol Directory

This enterprise or VAT number is not in the Peppol Directory. Being listed there is voluntary, so the company can still receive invoices via Peppol.

Invoicing without a Peppol listing

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Follow this company and you will hear the next morning if it appears in the Peppol register.

Register as of 2 November 2026 · Peppol Directory

Financial year and general meeting

Accounts at the NBB
Financial year end 31-12
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Third Tuesday of June at 15:00
deed of 10-01-2022 (in Dutch)

Sites & property

Location
registered office establishment The establishment unit on the map
72 companies at this address See who is registered here

Buildings and parcels at the addresses

Ground area
800 m²
Building footprint
466 m²
Building volume
5,481 m³
Tallest building: 21.1 m.
Flanders 1 (50%) Brussels 1 (50%)
Cadastral parcel Region Area Buildings Height / floors
23015C0111/00W000 Flanders 649 m² 1 · 329 m² 13.2 m · 4
21015A0484/00K003 Brussels 150 m² 1 · 137 m² 21.1 m · 5