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KUBOTEX

Active
Public limited companyfounded 1990active for 36 yearsManta 22, 9250 Waasmunster, BelgiumKBO/BCE: BE 0440.497.487
Summary

KUBOTEX has been active since 1990 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €591,519 and a net result of €44,411. Equity is growing by about 5.7% per year across the filed financial years. The computed 12-month bankruptcy probability is 0.2% (very low).

Overview

Activity
“De uitbating van een onderneming in onroerende goederen, welke uitbating het optreden omvat zowel…” (deed in Dutch)
From the articles, 3 activitiesNo NACE code in the KBO yet1 site
Size
€676,500total assets 2025
Equity
€591,519
Profit
€44,411
Turnover not published (abbreviated or micro format)
Financial health
90 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.2%
Structure
Board
8 members
Accounts filed 31 days late2 of 13 deeds read
Why 90raises riskLatest accounts 31 days late; 3 of the last 3 lateLiquidity: current ratio 5.10, cash €4,292, halvedlowers riskSize: total assets €676,500Equity €591,519 (87.4% of total assets)Show the evidence

Checked score

Score 2025
90 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 54% of its sector peers (no NACE code, micro)
Financial strength · tick = 2024
Strong
Solvency 100=
equity 87.4% of total assets
Liquidity 49-43
short-term debt 12.6% · cash 0.6%
Profitability 54-19
return on assets 6.6%
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%

About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 11-2024: 0.3%highest value 12-2024: 0.1%▼ -0.2 percentage points vs 11-2024 01-2025: 0.1%● unchanged vs 12-2024 02-2025: 0.1%● unchanged vs 01-2025 03-2025: 0.1%● unchanged vs 02-2025 04-2025: 0.1%● unchanged vs 03-2025 05-2025: 0.1%● unchanged vs 04-2025 06-2025: 0.1%● unchanged vs 05-2025 07-2025: 0.1%● unchanged vs 06-2025 08-2025: 0.1%● unchanged vs 07-2025 09-2025: 0.2%▲ +0.1 percentage points vs 08-2025 10-2025: 0.1%▼ -0.1 percentage points vs 09-2025 11-2025: 0.1%● unchanged vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026lowest value 07-2026: 0.1%● unchanged vs 06-2026 08-2026: 0.1%● unchanged vs 07-2026 09-2026: 0.2%▲ +0.1 percentage points vs 08-2026 10-2026: 0.2%● unchanged vs 09-2026
Credit of up to €50,000 on 30-day terms is acceptable
Liquidity ample (current ratio 5.1, compared with 4.32 in 2024, above the usual 1.5; short-term debt: 12.6% and cash: 0.6% of total assets), and 12.6% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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): better than 81% on solvency, 32% on liquidity, 38% on profitability and 65% on growth.

The bankruptcy probability was computed on 23-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Size: total assets €676,500
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · Latest accounts 31 days late; 3 of the last 3 late
NBB · filings
lowers risk · Equity €591,519 (87.4% of total assets)
NBB · annual accounts
raises risk · Liquidity: current ratio 5.10, cash €4,292, halved
NBB · annual accounts
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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 · 10 filings
Deviation from the deadline
2025
31 days late
2024
58 days late
2023
111 days late
2022
120 days late
2021
89 days late
2020
60 days late
2019
119 days late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 7 accounts on average 84 days after the deadline; the Belgian median for financial year 2024 is 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 28 October (4 of the last 5 filed years within 31 days of that day).
Companies Code · seven months
Where today falls in the filing period
24-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · abbreviated…
  2. Resignations: YSEWYN Carl, YSEWYN Hans and…Appointments: YSEWYN Carl, YSEWYN Hans…
  3. Resignation: Ysewijn Koen (director)Reappointments: Ysewijn Roel (director) and…

Key points

  • Board changedlatest change 09-04-2026 · 8 in office 4 joined · 1 left View
  • Positive: 7 profitable years in a rowprofit 2025: €44,411 7 years View
  • Active since 1990founded 05-04-1990 36 years View

By topic

Financials

Financial year
2025
Total assets
€676,500
Profit
€44,411
Solvency
87.4%
Total assets▲ 5.9%
Net result
20182025
Go to Financials

Board & ownership

Board
8 members
  • YSEWYN CarlChair
  • Ysewijn BettyDirector
  • Ysewijn CarlDirector
  • Ysewijn HansDirector
  • Ysewijn RoelManaging director

and 3 other directors

Go to Board & ownership

Timeline

Events
40
Since
1992
Next accounts
by 31-07-2027
  1. 31-12-2025Highest result from 2018 to 2025
  2. 27-09-2025Annual accounts filed
  3. 19-11-2024Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Founded
05-04-1990
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
57
Annual meeting
First Monday of May at 17:00
Purpose
“De uitbating van een onderneming in onroerende goederen, welke uitbating het optreden…” (deed in Dutch)
Go to Articles of association

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