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M-Cube Belgium

Active
Private limited companyfounded 2015active for 11 yearsInternationalelaan 55, 1070 Anderlecht, Belgium58 active companies are registered at this addressKBO/BCE: BE 0628.915.435
Summary

The computed 12-month bankruptcy probability of M-Cube Belgium is 3.8% (moderate). For M-Cube Belgium, one filing cycle of the annual accounts is missing. The 2023 annual accounts show negative equity (-€94,731) and a net result of €160,484. The figures fluctuate too strongly year-on-year for a reliable trend projection. The company has been active since 2015 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
Literary creation
NACE 90111Video and film production, excluding cinema and television films NACE 59113
1 site
Size
€4.2mtotal assets 2023
Staff
25.8 FTE
Equity
-€94,731
Profit
€160,484
Financial health
Bankruptcy probabilitywithin 12 months
3.8%
2023 figures too old to score
Structure
Parent
M-Cube France SAS S. Etr. · 99.9%
Accounts 75 days overdue0 of 6 deeds read
Signalsraises riskFigures for financial year 2023 (filed 10-07-2024)Liquidity: current ratio 0.62, cash €51,0871 financial year not filed after the legal deadline; latest accounts 82 days late; 1 of the last 3 lateAnnual accounts not filedlowers riskSector: Arts creation and performing arts activities (NACE 90)neutralFiled after the deadlineShow the evidence

Bankruptcy probability

No current score
Figures too old
The available figures for FY 2023 are too old to assess current financial health.
Filing: One filing cycle is missing
Financial strength, FY 2023 · tick = 2022
Weak
Solvency 23+5
equity -2.3% of total assets
Liquidity 10+1
short-term debt 75.9% · cash 1.2%
Profitability 74+3
return on assets 3.8%
Bankruptcy probability, 12 months
3.8% Moderate
0%0.5%1.5%4%10%≥ 25%

About 4 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median < 0.1% (225 companies, NACE 90, small)
Last 24 months 11-2024: 1.3% 12-2024: 1.3%● unchanged vs 11-2024 01-2025: 1.3%● unchanged vs 12-2024lowest value 02-2025: 1.3%● unchanged vs 01-2025 03-2025: 1.3%● unchanged vs 02-2025 04-2025: 1.3%● unchanged vs 03-2025 05-2025: 1.3%● unchanged vs 04-2025 06-2025: 1.4%▲ +0.1 percentage points vs 05-2025 07-2025: 1.5%▲ +0.1 percentage points vs 06-2025 08-2025: 1.8%▲ +0.3 percentage points vs 07-2025 09-2025: 2.0%▲ +0.2 percentage points vs 08-2025 10-2025: 2.5%▲ +0.5 percentage points vs 09-2025 11-2025: 2.9%▲ +0.4 percentage points vs 10-2025 12-2025: 2.9%● unchanged vs 11-2025 01-2026: 3.5%▲ +0.6 percentage points vs 12-2025 02-2026: 3.5%● unchanged vs 01-2026 03-2026: 3.5%● unchanged vs 02-2026 04-2026: 3.1%▼ -0.4 percentage points vs 03-2026 05-2026: 3.1%● unchanged vs 04-2026 06-2026: 3.2%▲ +0.1 percentage points vs 05-2026 07-2026: 3.2%● unchanged vs 06-2026 08-2026: 3.8%▲ +0.6 percentage points vs 07-2026highest value 09-2026: 3.8%● unchanged vs 08-2026 10-2026: 3.8%● unchanged vs 09-2026
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Signals

Six signals.
lowers riskraises riskneutral
raises risk · Figures for financial year 2023 (filed 10-07-2024)
NBB · annual accounts
raises risk · Liquidity: current ratio 0.62, cash €51,087
NBB · annual accounts
lowers risk · Sector: Arts creation and performing arts activities (NACE 90)
KBO
raises risk · 1 financial year not filed after the legal deadline; latest accounts 82 days late; 1 of the last 3 late
NBB · filings
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, 75 days later.
NBB · 10 filings
Position against the passed deadline
31-12-2025 year end31-07-2026 deadline14-10-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 21-10-2025, 82 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
not filed
2024
82 days late
2023
21 days early
2022
26 days early
2021
108 days late
2020
17 days late
2019
28 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 22 days after the deadline; the sector median (NACE 90) for financial year 2024 is 4 days before the deadline, and 38% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2024 · full…
  2. Annual accounts filedfinancial year 2023 · full…
  3. Highest result from 2018 to 2023net €160,484 ▲161%

Key points

  • Risk: Negative equityfinancial year 2023: debts exceed assets -€94,731 View
  • Positive: Result rose in 2023from €61,427 to €160,484 ▲ 161% View
  • Caution: Accounts not fileddeadline was 31-07-2026 75 days late View
  • Controlled by M-Cube France SAS S…known shareholders 100% 99.9% View

By topic

Financials

Financial year
2023
Total assets
€4.2m
Profit
€160,484
Solvency
-2.3%
Total assets▲ 22.9%
Net result
20182023
Go to Financials

Timeline

Events
14
Since
2016
  1. 05-07-2023Annual accounts filed
  2. 31-12-2022Back to profit
  3. 16-11-2022Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Literary creationNACE 90111
Founded
27-04-2015
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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