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KUBART

Active
Private limited companyfounded 20241 yr activeKoningin Fabiolastraat 22, 8560 Wevelgem, BelgiumKBO/BCE: BE 1015.452.220
Summary

The computed 12-month bankruptcy probability of KUBART is 1.5% (moderate). The 2025 annual accounts show equity of €9k and a net result of €6k. Its solvency ranks better than 36% of 27965 sector peers (fiscal year 2025). The company has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2025
Axes
Profitability97
Solvency59
Growth-
Track record67
Bankruptcy probability, 12 months
1.5% Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days acceptable
Liquidity ample (current ratio 1.5; short-term debt: 41.9% and cash: 14.9% of total assets), but 66% of the assets are financed with debt.
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Signals

Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 1 year 0 10 y
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 09-07-2026, 22 days ahead of the deadline.
NBB · 1 filing
Deviation from the deadline
2025
22 d early
← before the deadline after the deadline →
Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 23 October 2024, KUBART was incorporated as a Private limited company.1 The company has filed annual accounts once, for fiscal year 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2025

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Financials · fiscal year 2025, micro schema

Equity
€9k
Total assets
€27k
Net result
€6k
Working capital
€6k

Turnover and EBIT margin not published: the micro schema does not require them.

Balance-sheet composition
Assets €27k
Fixed assets €10k
Current assets €17k
Equity and liabilities €27k
Equity €9k
Debt €18k
Debt finances 66.0% of the balance-sheet total.
Key figures and ratios
2025 value
EBITDA
€20k
Cash flow
€15k
Current ratio
1.50
Debt to equity
1.94
ROE
67.5%
ROA
22.9%
Interest coverage
6.41
Debt ≤ 1 year
€11k
Debt > 1 year
€7k
Income taxes
€2k
Annual accounts
Filed annual accounts As filed with the NBB · 2025 · 39 lines
Balance sheet Code2025
Assets
Total assets20/58€27k
Fixed assets21/28€10k
Tangible fixed assets22/27€10k
Furniture and vehicles24€10k
Current assets29/58€17k
Amounts receivable within one year40/41€9k
Trade receivables40€5k
Other amounts receivable41€4k
Cash at bank and in hand54/58€4k
Deferred charges and accrued income490/1€4k
Equity and liabilities
Total equity and liabilities10/49€27k
Equity10/15€9k
Contributions10/11€3k
Reserves13€6k
Distributable reserves133€6k
Amounts payable17/49€18k
Amounts payable after more than one year17€7k
Financial debts170/4€7k
Amounts payable within one year42/48€11k
Current portion of amounts payable after more than one year42€6k
Trade debts44€4k
Suppliers440/4€4k
Taxes, remuneration and social security45€2k
Taxes450/3€2k
Income statement Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9k
Other operating charges640/8€584
Gross operating margin9900€20k
Operating profit (loss)9901€11k
Financial income75/76B€91
Recurring financial income75€91
Financial charges65/66B€3k
Recurring financial charges65€3k
Profit (loss) for the period before taxes9903€8k
Income taxes67/77€2k
Profit (loss) for the period9904€6k
Profit (loss) for the period to be appropriated9905€6k
Appropriation of the result
Profit (loss) to be appropriated9906€6k
Transfer to equity691/2€6k
To other reserves6921€6k

The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9k
Other operating charges640/8€584
Gross operating margin9900€20k
Operating profit (loss)9901€11k
Financial income75/76B€91
Recurring financial income75€91
Financial charges65/66B€3k
Recurring financial charges65€3k
Profit (loss) for the period before taxes9903€8k
Income taxes67/77€2k
Profit (loss) for the period9904€6k
Profit (loss) for the period to be appropriated9905€6k
Line2025
Assets
Total assets20/58€27k
Fixed assets21/28€10k
Tangible fixed assets22/27€10k
Furniture and vehicles24€10k
Current assets29/58€17k
Amounts receivable within one year40/41€9k
Trade receivables40€5k
Other amounts receivable41€4k
Cash at bank and in hand54/58€4k
Deferred charges and accrued income490/1€4k
Equity and liabilities
Total equity and liabilities10/49€27k
Equity10/15€9k
Contributions10/11€3k
Reserves13€6k
Distributable reserves133€6k
Amounts payable17/49€18k
Amounts payable after more than one year17€7k
Financial debts170/4€7k
Amounts payable within one year42/48€11k
Current portion of amounts payable after more than one year42€6k
Trade debts44€4k
Suppliers440/4€4k
Taxes, remuneration and social security45€2k
Taxes450/3€2k
Line2025
Profit (loss) for the period9904€6k
+ Depreciation and write-downs630€9k
Operating cash flow (approximation)€15k

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2026
09-07
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
NBB filing
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
1 act for this company is 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, Wevelgem · 1 establishment unit since 2024
seat establishment The establishment unit on the map
Ground area
431 m²
Building footprint
176 m²
Volume, LiDAR
1,018 m³
Parcel 34012D0082/00B002, Flanders · tallest building 10.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
KUBART
Koningin Fabiolastraat 22, 8560 WevelgemPlastering work
since 20242.365.717.360
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
34012D0082/00B002 Flanders 431 m² 1 · 176 m² 10.9 m · 2 fl.
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.

Similar companies · same sector, comparable size

Of 7,867 companies in sector 43341 we hold annual accounts for 2,664. 1,595 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
Founded23-10-2024
Fiscal year end31-12
Activities, NACEBEL 2025
43341Painting of buildings
41001General construction of residential buildings
43310Plastering work

Scores and ratios are computed by Checked and are not a credit decision.