KUUBS
ActiveSummary
The computed 12-month bankruptcy probability of KUUBS is 2.2% (moderate). The 2025 annual accounts show equity of €44k and a net result of €24k. Its solvency ranks better than 51% of 7500 sector peers (fiscal year 2025). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability99▼-1
Solvency69▲+10
Growth78
Track record94
Bankruptcy probability, 12 months
2.2%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €2.5k at 30 days acceptable
Liquidity short (current ratio 0.86 against 0.93 in 2024; short-term debt: 52.6% and cash: 24.1% of total assets), and 55.6% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Construction of residential and non-residential buildings (NACE 41)
about 67% more bankruptcies
← 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 2025Solvency, return and age of the figures
Solvency
44.4%
Return on assets
24.2%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 25-08-2026, 25 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 · 2 filingsDeviation from the deadline
2025
25 d late
2024
66 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
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 monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€44k▲ 120%
2024 · €20k
Total assets
€99k▲ 70.7%
2024 · €58k
Net result
€24k▲ 40.9%
2024 · €17k
Working capital
€-7k▼ 174%
2024 · €-3k
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20242025
Operating result€21k-€32k▲ 53.3%
Net result€17k-€24k▲ 40.9%
Equity€20k-€44k▲ 120%
Total assets€58k-€99k▲ 70.7%
Debt€38k-€55k▲ 44.9%
Working capital€-3k-€-7k▼ 174%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result rises in 2025; 2025 is 53% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €99k
Fixed assets
€54k ▲ 139%
Current assets
€45k ▲ 26.6%
Equity and liabilities €99k
Equity
€44k ▲ 120%
Debt
€55k ▲ 44.9%
Debt's share of the balance-sheet total falls from 65.5% to 55.6%. Equity and debt are higher.
Key figures and ratios
EBITDA
€44k▲
2024 · €28k
Cash flow
€36k▲
2024 · €24k
Current ratio
0.86▼
2024 · 0.93
Debt to equity
1.25▼
2024 · 1.90
ROE
54.5%▼
2024 · 85.0%
ROA
24.2%▼
2024 · 29.3%
Interest coverage
49.17▲
2024 · 41.81
Debt ≤ 1 year
€52k▲
2024 · €38k
Debt > 1 year
€3k
Income taxes
€7k▲
2024 · €4k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €7k | €12k | ▲ 70.9% |
| Other operating charges640/8 | €797 | €2k | ▲ 164% |
| Gross operating margin9900 | €29k | €46k | ▲ 60.7% |
| Operating profit (loss)9901 | €21k | €32k | ▲ 53.3% |
| Financial income75/76B | €1k | €133 | ▼ 89.7% |
| Recurring financial income75 | €1k | €133 | ▼ 89.7% |
| Financial charges65/66B | €667 | €895 | ▲ 34.1% |
| Recurring financial charges65 | €667 | €895 | ▲ 34.1% |
| Profit (loss) for the period before taxes9903 | €21k | €31k | ▲ 45.3% |
| Income taxes67/77 | €4k | €7k | ▲ 62.4% |
| Profit (loss) for the period9904 | €17k | €24k | ▲ 40.9% |
| Profit (loss) for the period to be appropriated9905 | €17k | €24k | ▲ 40.9% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €58k | €99k | ▲ 70.7% |
| Fixed assets21/28 | €23k | €54k | ▲ 139% |
| Tangible fixed assets22/27 | €23k | €54k | ▲ 139% |
| Plant, machinery and equipment23 | €7k | €13k | ▲ 91.7% |
| Furniture and vehicles24 | €16k | €42k | ▲ 159% |
| Current assets29/58 | €35k | €45k | ▲ 26.6% |
| Amounts receivable within one year40/41 | €20k | €19k | ▼ 4.1% |
| Trade receivables40 | €17k | €16k | ▼ 6.6% |
| Other amounts receivable41 | €2k | €3k | ▲ 16.7% |
| Cash at bank and in hand54/58 | €14k | €24k | ▲ 76.5% |
| Deferred charges and accrued income490/1 | €2k | €2k | ▼ 7.2% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €58k | €99k | ▲ 70.7% |
| Equity10/15 | €20k | €44k | ▲ 120% |
| Contributions10/11 | €3k | €3k | = |
| Reserves13 | €17k | €41k | ▲ 141% |
| Distributable reserves133 | €17k | €41k | ▲ 141% |
| Amounts payable17/49 | €38k | €55k | ▲ 44.9% |
| Amounts payable after more than one year17 | - | €3k | - |
| Financial debts170/4 | - | €3k | - |
| Amounts payable within one year42/48 | €38k | €52k | ▲ 37.1% |
| Current portion of amounts payable after more than one year42 | - | €9k | - |
| Trade debts44 | €3k | €5k | ▲ 84.1% |
| Suppliers440/4 | €3k | €5k | ▲ 84.1% |
| Taxes, remuneration and social security45 | €10k | €13k | ▲ 35.4% |
| Taxes450/3 | €6k | €11k | ▲ 64.3% |
| Remuneration and social security454/9 | €3k | €3k | ▼ 17.6% |
| Other amounts payable47/48 | €25k | €25k | ▼ 1.9% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €17k | €24k | ▲ 40.9% |
| + Depreciation and write-downs630 | €7k | €12k | ▲ 70.9% |
| Operating cash flow (approximation) | €24k | €36k | ▲ 49.6% |
| Investment in fixed assets (approximation) | - | €-44k | - |
| Change in cash | - | €10k | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
25-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 25 days late
2025
26-05
NBB filing
Annual accounts filed
fiscal year 2024 · 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, Pittem · 1 establishment unit since 2023
Ground area
1,037 m²
Building footprint
175 m²
Volume, LiDAR
869 m³
Parcel 37003B0809/00K000, Flanders · tallest building 7.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
KUUBS
since 20232.347.247.174
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 37003B0809/00K000 | Flanders | 1,037 m² | 1 · 175 m² | 7.1 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.
Public money · subsidies and aid
Flemish government
2024 · 1 entry · 78 EUR awarded · 78 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 78 EUR | 78 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 29,787 companies in sector 41001 we hold annual accounts for 16,036. 12,952 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
Founded13-07-2023
Fiscal year end31-12
Activities, NACEBEL 2025
41001General construction of residential buildings
41002Construction of residential and non-residential buildings
41003General construction of other non-residential buildings
43110Demolition
Contact
E-mail
info@kuubs.bePittem
Scores and ratios are computed by Checked and are not a credit decision.