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KUBEY GROUP

Active
Private limited companyfounded 2019active for 7 yearsBrugmannlaan 10, 1060 Sint-Gillis (bij-Brussel), BelgiumKBO/BCE: BE 0731.685.450
Summary

The computed 12-month bankruptcy probability of KUBEY GROUP is 12.7% (high). The 2024 annual accounts show equity of €73,669 and a net result of €34,062. Equity has been growing by about 29% per year since 2019. Its solvency ranks better than 40% of 6,614 sector peers (NACE 49, financial year 2024). The company has been active since 2019 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Official details

Source: KBO
Status
Active since 30-07-2019 Normal situation
Registered office
48 active companies are registered at this address 7 started in the 12 months before. Source: KBO register, as of 3 November 2026.
Activity
Freight transport by road NACE 49410
Establishment unit
2.291.787.029 1060 Sint-Gillis (bij-Brussel), since 30-07-2019
Financial year end
31 December
Peppol
Reachable since 23-12-2025

Board and ownership

Board
  • CALISKAN UGURDirector · since 30-07-2019

Financial position

32 Weak Checked score 2024
Bankruptcy probabilitywithin 12 months
12.7%
Annual accounts 2024
Gross margin
€430,656
▲ 55.6%
Turnover
≈ €970,000
estimated
Profit
€34,062
Equity
€73,669
▲ 86.0%
Total assets
€267,898
▲ 12.4%
Staff
≈ 5.5 FTE
estimated
  • 2025 accounts not filed, 96 days past the deadline
Score breakdownraises risk1 change of registered office in 24 monthsFigures for financial year 2024 (filed on 11-10-2025)1 financial year not filed after the legal deadline; last filed accounts filed 70 days late; 1 of the last 3 accounts lateSector: Land transport and transport via pipelines (NACE 49)Show the evidence

Checked score

Score 2024
32 / 100
Weak
Probability in this band: 4.2% to 15.0%
Financially stronger than 54% of micro companies in land transport (NACE 49)
Financial strength · tick: 2023
Average
Solvency 52+10
equity 27.5% of total assets
Liquidity 20+9
short-term debt 62.9% · cash 2.6%
Profitability 85+37
return on assets 12.7%
Bankruptcy probability within 12 months
12.7% High
0%0.5%1.5%4%10%≥ 25%

About 1 in 8 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.9% (9,099 companies, NACE 49, micro)
Last 24 months 12-2024: 11.8% 01-2025: 11.8%● unchanged vs 12-2024 02-2025: 4.5%▼ -7.3 percentage points vs 01-2025 03-2025: 4.5%● unchanged vs 02-2025 04-2025: 4.6%▲ +0.1 percentage points vs 03-2025 05-2025: 4.5%▼ -0.1 percentage points vs 04-2025 06-2025: 4.4%▼ -0.1 percentage points vs 05-2025lowest value 07-2025: 4.7%▲ +0.3 percentage points vs 06-2025 08-2025: 5.5%▲ +0.8 percentage points vs 07-2025 09-2025: 5.6%▲ +0.1 percentage points vs 08-2025 10-2025: 6.3%▲ +0.7 percentage points vs 09-2025 11-2025: 4.7%▼ -1.6 percentage points vs 10-2025 12-2025: 4.7%● unchanged vs 11-2025 01-2026: 4.6%▼ -0.1 percentage points vs 12-2025 02-2026: 4.6%● unchanged vs 01-2026 03-2026: 6.5%▲ +1.9 percentage points vs 02-2026 04-2026: 7.0%▲ +0.5 percentage points vs 03-2026 05-2026: 7.4%▲ +0.4 percentage points vs 04-2026 06-2026: 7.2%▼ -0.2 percentage points vs 05-2026 07-2026: 7.3%▲ +0.1 percentage points vs 06-2026 08-2026: 8.7%▲ +1.4 percentage points vs 07-2026 09-2026: 9.4%▲ +0.7 percentage points vs 08-2026 10-2026: 12.7%▲ +3.3 percentage points vs 09-2026highest value 11-2026: 12.7%● unchanged vs 10-2026highest value
Credit of up to €2,000 on 30-day terms, only on tighter conditions: elevated estimated bankruptcy probability calls for adjusted credit terms
Liquidity is tight, with a current ratio of 1.21 (0.86 in 2023), below the usual 1.5. Short-term debt is 62.9% and cash 2.6% of total assets. 72.5% of the assets are financed with debt and provisions.
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 (NACE 49, micro). It does better than 39% of them on solvency, 17% on liquidity, 73% on profitability and 87% on growth.

The bankruptcy probability was computed on 03-11-2026 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).

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Signals

Six signals.
raises risk
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
raises risk · Figures for financial year 2024 (filed on 11-10-2025)
NBB · annual accounts
raises risk · 1 financial year not filed after the legal deadline; last filed accounts filed 70 days late; 1 of the last 3 accounts late
NBB · filings
raises risk · Sector: Land transport and transport via pipelines (NACE 49)
KBO
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 96 days later.
NBB · 6 filings
Position against the passed deadline
31-12-2025 year end31-07-2026 deadline04-11-2026 today
raises risk · 2024 accounts filed 70 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 09-10-2025, 70 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 · 6 filings
Deviation from the deadline
2025
not filed
2024
70 days late
2023
5 days early
2022
14 days late
2021
9 days late
2020
31 days late
2019
20 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 6 accounts on average 23 days after the deadline. In the sector (NACE 49), the median for financial year 2024 was on the deadline day, and 49% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: Higher net result than 85% of companies in land transportsector median €5,857 · 6,581 companies €34,062 View

Recent changes

  1. · Gazette deed Registered office moved within BruxellesNew seat: 1060 Bruxelles, Avenue Brugmann, 10 · Previous seat: 1000 Bruxelles, Avenue Louise 440
  2. · Gazette deed Registered office moved from Zaventem to ElseneNew seat: 1050 Elsene, Louizalaan 440 · Previous seat: 1930 Zaventem, Stationsstraat 73
  3. · Gazette deed Transfer of 50 shares
All 16 events

Comparable companies

These companies have the same main activity as KUBEY GROUP: freight transport by road (NACE 49410). They are comparable in size and age: total assets between €220,000 and €309,000, founded between 2018 and 2020.

CompanyTotal assetsGross margin
KUBEY GROUP Sint-Gillis (bij-Brussel)€267,898€430,656
OSKA TRANSPORT Evere€243,446€433,369
LORENT TRANS Ganshoren€295,643€463,969
PAK TRANS Sint-Agatha-Berchem€237,531€353,710
SHEMA TRANSPORT Sint-Agatha-Berchem€262,381€329,398
VRJ RENOV Schaarbeek€219,554€361,281
HOWELL TRANSPORT & LOGISTIQUE Elsene€309,360€531,760
Full comparison

Key facts about KUBEY GROUP

What is the company number of KUBEY GROUP?
The company number of KUBEY GROUP is 0731.685.450. The VAT number is the same number with BE in front: BE 0731.685.450.
Where is KUBEY GROUP based?
The registered office is at Brugmannlaan 10, 1060 Sint-Gillis (bij-Brussel).Company details
What does KUBEY GROUP do?
According to the KBO register, the main activity is freight transport by road (NACE 49410).
What is the legal form of KUBEY GROUP?
The legal form of KUBEY GROUP is Private limited company (BV).
When was KUBEY GROUP founded?
KUBEY GROUP was founded on 30-07-2019.
Is KUBEY GROUP still active?
Yes, KUBEY GROUP is an active enterprise in the KBO register.
How many employees does KUBEY GROUP have?
KUBEY GROUP had an average of 5.6 full-time equivalents in financial year 2023, according to the filed annual accounts.Financials
What is the turnover of KUBEY GROUP?
The turnover in financial year 2024 is ≈ €970,000. This figure is estimated from the gross margin of €430,656 and 48 comparable companies (NACE 49410). It probably lies between €820,000 and €1.2m.
Is KUBEY GROUP profitable?
In financial year 2024, KUBEY GROUP made a profit of €34,062.
Where can I find the annual accounts of KUBEY GROUP?
KUBEY GROUP filed 6 annual accounts with the National Bank of Belgium, the latest for financial year 2024.

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