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KUBUS

Active
Private limited companyfounded 201312 yrs activeHolrakkerstraat 12, 3510 Hasselt, BelgiumKBO/BCE: BE 0543.605.024

KUBUS has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €180k and a net result of €71k. Equity is growing by ~46.2% per year across the filed fiscal years. Its solvency ranks better than 29% of 8601 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Checked score

Score 2025
72 / 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability83▼-5
Solvency54▲+10
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €12k at 30 days acceptable
Liquidity tight (current ratio 1.15 against 1.04 in 2024; short-term debt: 31.8% and cash: 5.9% of total assets), and 71.2% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.
lowers riskneutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
28.8%
Return on assets
11.4%
Age of the figures
9 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 12 years 0 20 y
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filings
Deviation from the deadline
2025
28 d late
2024
26 d late
2023
28 d late
2022
28 d late
2021
31 d late
2020
31 d late
2019
14 d late
← before the deadline after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
17-09-2026 today31-12-2026 close31-07-2027 deadline
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

Financials · fiscal year 2025, abbreviated schema

Equity
€180k▲ 65.6%
2024 · €109k
2018: €20k 2019: €13k 2020: €19k 2021: €34k 2022: €82k 2023: €34k 2024: €109k
2018 → 2025
Total assets
€627k▲ 9.8%
2024 · €571k
2018: €72k 2019: €130k 2020: €172k 2021: €168k 2022: €223k 2023: €606k 2024: €571k
2018 → 2025
Net result
€71k▼ 17.9%
2024 · €87k
2018: €-5k 2019: €-7k 2020: €18k 2021: €25k 2022: €59k 2023: €56k 2024: €87k
2018 → 2025
Working capital
€29k▲ 275%
2024 · €8k
2018: €9k 2019: €7k 2020: €49k 2021: €39k 2022: €82k 2023: €-34k 2024: €8k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€34k-€82k▲ 140%€34k▼ 59.0%€109k▲ 225%€180k▲ 65.6%
Operating result€39k-€81k▲ 108%€85k▲ 5.7%€139k▲ 63.8%€125k▼ 10.7%
Net result€25k-€59k▲ 135%€56k▼ 5.1%€87k▲ 55.7%€71k▼ 17.9%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
€0€50k€100k€150kOperating result 2021: €39k€39kNet result 2021: €25k€25kOperating result 2022: €81k€81kNet result 2022: €59k€59kOperating result 2023: €85k€85kNet result 2023: €56k€56kOperating result 2024: €139k€139kNet result 2024: €87k€87kOperating result 2025: €125k€125kNet result 2025: €71k€71k20212022202320242025
The operating result falls in 2025; 2025 is 11% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €627k
Fixed assets €398k▲ 3.9%
Current assets €228k▲ 21.7%
Equity and liabilities €627k
Equity €180k▲ 65.6%
Debt €446k▼ 3.4%
The debt ratio falls from 80.9% to 71.2%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€146k
2024 · €156k
Cash flow
€93k
2024 · €104k
Solvency
28.8%
2024 · 19.1%
Current ratio
1.15
2024 · 1.04
Quick ratio
1.15
2024 · 1.04
Debt / equity
2.48
2024 · 4.24
ROE
39.6%
2024 · 79.9%
ROA
11.4%
2024 · 15.2%
Interest coverage
6.54
2024 · 7.64
Debt
€446k
2024 · €462k
Debt ≤ 1 year
€199k
2024 · €180k
Debt > 1 year
€247k
2024 · €271k
Income taxes
€31k
2024 · €32k
Staff costs
€149k
2024 · €165k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet Code20242025
Assets
Total assets20/58€571k€627k
Fixed assets21/28€383k€398k
Tangible fixed assets22/27€346k€359k
Land and buildings22€332k€323k
Plant, machinery and equipment23€1k€8k
Furniture and vehicles24€13k€28k
Leasing and similar rights25€0-
Financial fixed assets28€37k€40k
Current assets29/58€187k€228k
Amounts receivable after more than one year29€0-
Other amounts receivable291€0-
Amounts receivable within one year40/41€92k€182k
Trade receivables40€69k€132k
Other amounts receivable41€24k€50k
Cash at bank and in hand54/58€86k€37k
Deferred charges and accrued income490/1€9k€9k
Equity and liabilities
Total equity and liabilities10/49€571k€627k
Equity10/15€109k€180k
Contributions10/11€19k€19k=
Reserves13€90k€162k
Distributable reserves133€90k€162k
Profit (loss) carried forward14€0€0=
Amounts payable17/49€462k€446k
Amounts payable after more than one year17€271k€247k
Financial debts170/4€271k€247k
Amounts payable within one year42/48€180k€199k
Current portion of amounts payable after more than one year42€29k€23k
Financial debts43€4k€10k
Credit institutions430/8€4k€10k
Trade debts44€95k€102k
Suppliers440/4€95k€102k
Taxes, remuneration and social security45€31k€64k
Taxes450/3€10k€44k
Remuneration and social security454/9€21k€20k
Other amounts payable47/48€20k€0
Accrued charges and deferred income492/3€12k€0
Income statement Code20242025
Non-recurring operating income76A€1k€0
Remuneration, social security and pensions62€165k€149k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€17k€21k
Other operating charges640/8€3k€3k
Gross operating margin9900€324k€298k
Operating profit (loss)9901€139k€125k
Financial income75/76B€102€300
Recurring financial income75€102€300
Financial charges65/66B€20k€22k
Recurring financial charges65€20k€22k
Profit (loss) for the period before taxes9903€119k€103k
Income taxes67/77€32k€31k
Profit (loss) for the period9904€87k€71k
Profit (loss) for the period to be appropriated9905€87k€71k
Appropriation of the result
Profit (loss) to be appropriated9906€87k€71k
Transfer from equity791/2€0-
Transfer to equity691/2€75k€71k
To other reserves6921€75k€71k
Profit to be distributed694/7€12k€0
Return on contributions (dividend)694€0-
Directors or managers695€12k€0
Social balance
Average headcount (FTE)90873.02.7

The notes to these accounts (22 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
28-08
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema · 28 days late
2025
31-12
Financial Equity above €150kEq €180k ▲65.6%
6 profitable years in a row build equity to €180k.
26-08
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema · 26 days late
2024
31-12
Financial Highest result since 2018net €87k ▲55.7%
Operating result €139k, net result €87k, both a record.
31-12
Financial Equity above €100kEq €109k ▲225%
5 profitable years in a row build equity to €109k.
28-08
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema · 28 days late
2023
28-08
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema · 28 days late
2022
31-08
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema · 31 days late
2021
31-08
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema · 31 days late
2020
31-12
Financial Back to profitnet €18k
Net result €18k after 2 loss-making years.
14-08
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema · 14 days late
2019
31-12
Financial Weakest financial yearnet €-7k
Net result drops to €-7k, the lowest in the series; recovery starts the following year.
25-07
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
22-06
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
17-07
NBB filing Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
6 acts for this company are 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, Hasselt · 1 establishment unit since 2014
establishment The establishment unit on the map
Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Holrakkerstraat 123510 Hasselt
Ground area
1,688 m²
Building footprint
167 m²
Volume, LiDAR
1,139 m³
Parcel 71028A0316/00Z000, Flanders · tallest building 9.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
KUBUS
Holrakkerstraat 12, 3510 HasseltBusiness consulting
since 20142.226.426.845
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
71028A0316/00Z000 Flanders 1,688 m² 1 · 167 m² 9.8 m · 2 fl.
Linked by address, not proof of ownership
Methodology
via registered seat: 1
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 82,524 companies in sector 70200 we hold annual accounts for 52,566. 40,597 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded19-12-2013
Fiscal year end31-12
Activities, NACEBEL
59113Video and film production, excluding cinema and television films
70200Business and other management consultancy
70220Business consulting
Sources
Crossroads Bank for EnterprisesNational Bank · 12 filingsAddress and cadastre registers

Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.