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NUBRIX

Active
Public limited companyfounded 2005active for 21 yearsArmand Verheydenstraat 6A, 3053 Oud-Heverlee, BelgiumKBO/BCE: BE 0875.644.239
Summary

NUBRIX has been active since 2005 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€1.3m) and a net result of -€26,113. Equity is shrinking by about 3.4% per year across the filed financial years. The computed 12-month bankruptcy probability is 1.2% (low).

Financials · financial year 2025, micro format

Equity
-€1.3m▼ 2.1%
2024 · -€1.2m
Total assets
€1.8m▲ 5.7%
2024 · €1.7m
Net result
-€26,113▲ 63.7%
2024 · -€71,902
Working capital
€1.4m▼ 1.9%
2024 · €1.4m
Trend over the years

2021 to 2025, 5 financial years 2019 to 2025, 7 financial years

The operating result stays negative: a loss of €7,712 in 2025 against €49,786 in 2024; the loss shrinks.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result-€0.008m 2025 Net result-€0.03m 2025

Use the arrow keys on the chart for the figures per year.

Every figure with its change against the financial year before
favourable unfavourable
Line2019202020212022202320242025
Operating result-€0.006m--€0.04m▼ 562%-€0.006m▲ 85.4%-€0.02m▼ 283%-€0.004m▲ 82.4%-€0.05m▼ 1,100%-€0.008m▲ 84.5%
Net result-€0.02m--€0.06m▼ 143%-€0.02m▲ 60.7%-€0.04m▼ 70.8%-€0.02m▲ 54.7%-€0.07m▼ 308%-€0.03m▲ 63.7%
Equity-€1.0m--€1.1m▼ 5.6%-€1.1m▼ 2.1%-€1.1m▼ 3.5%-€1.2m▼ 1.5%-€1.2m▼ 6.2%-€1.3m▼ 2.1%
Total assets€1.5m-€1.5m▼ 0.1%€1.8m▲ 14.2%€1.7m▼ 0.3%€1.8m▲ 4.0%€1.7m▼ 4.0%€1.8m▲ 5.7%
Debt€2.6m-€2.6m▲ 2.2%€2.9m▲ 9.2%€2.9m▲ 1.2%€3.0m▲ 3.0%€3.0m=€3.1m▲ 4.2%
Working capital€0.8m-€0.7m▼ 7.3%€0.9m▲ 27.8%€0.9m▼ 4.2%€1.4m▲ 66.9%€1.4m▼ 3.3%€1.4m▼ 1.9%
Turnover and EBIT margin not published: the micro format does not require them.
Key figures and ratios
2025 value · change against 2024
Solvency
-68.7%▲
2024 · -71.1%
Current ratio
3.87▼
2024 · 4.98
Quick ratio
0.22▲
2024 · 0.01
ROA
-1.4%▲
2024 · -4.1%
Debt ≤ 1 year
€475,197▲
2024 · €350,197
Debt > 1 year
€2.6m=
2024 · €2.6m
No debt to equity: equity is negative, so debt divided by equity means nothing.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 1,242 companies that looked in July 2024 the way this one looks now, 1.9% went bankrupt within 24 months and 92.8% are still going.

  • Small
  • 20 years or older
  • negative equity
  • a small loss
1.9% went bankrupt
4.0% stopped otherwise
92.8% still going

A further 1.4% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 1.2% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 1,242 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 34 lines
Balance sheet Code20242025
Assets
Total assets20/58€1.7m€1.8m▲
Current assets29/58€1.7m€1.8m▲
Stocks and contracts in progress3€1.7m€1.7m=
Stocks30/36€1.7m€1.7m=
Amounts receivable within one year40/41-€0.04m
Other amounts receivable41-€0.04m
Cash at bank and in hand54/58€0.004m€0.06m▲
Equity and liabilities
Total equity and liabilities10/49€1.7m€1.8m▲
Equity10/15-€1.2m-€1.3m▼
Contributions10/11€0.07m€0.07m=
Capital10€0.07m€0.07m=
Issued capital100€0.07m€0.07m=
Profit (loss) carried forward14-€1.3m-€1.3m▼
Amounts payable17/49€3.0m€3.1m▲
Amounts payable after more than one year17€2.6m€2.6m=
Financial debts170/4€2.6m€2.6m=
Amounts payable within one year42/48€0.4m€0.5m▲
Current portion of amounts payable after more than one year42€0.4m€0.5m▲
Trade debts44€197€197=
Suppliers440/4€197€197=
Accrued charges and deferred income492/3€484€484=
Income statement Code20242025
Other operating charges640/8€0.001m€0.001m▲
Non-recurring operating charges66A€0.02m-
Gross operating margin9900-€0.03m-€0.006m▲
Operating profit (loss)9901-€0.05m-€0.008m▲
Financial income75/76B€0-
Recurring financial income75€0-
Financial charges65/66B€0.02m€0.02m▼
Recurring financial charges65€0.02m€0.02m▼
Profit (loss) for the period before taxes9903-€0.07m-€0.03m▲
Profit (loss) for the period9904-€0.07m-€0.03m▲
Profit (loss) for the period to be appropriated9905-€0.07m-€0.03m▲
Appropriation of the result
Profit (loss) to be appropriated9906-€1.3m-€1.3m▼
Profit (loss) brought forward from the previous period14P-€1.2m-€1.3m▼

The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2019202020212022202320242025Change
Non-recurring operating income76A---€360----
Other operating charges640/8---€1,596€1,146€1,161€1,231▲ 6.0%
Non-recurring operating charges66A-----€22,500--
Gross operating margin9900-€5,323-€41,005-€5,247-€22,003-€3,004-€26,126-€6,482▲ 75.2%
Operating profit (loss)9901-€6,368-€42,130-€6,154-€23,600-€4,150-€49,786-€7,712▲ 84.5%
Financial income75/76B---€0-€0--
Recurring financial income75---€0-€0--
Financial charges65/66B---€15,325€13,466€22,115€18,400▼ 16.8%
Recurring financial charges65€17,521€15,892€16,633€15,325€13,466€22,115€18,400▼ 16.8%
Profit (loss) for the period before taxes9903-€23,889-€58,022-€22,787-€38,925-€17,616-€71,902-€26,113▲ 63.7%
Profit (loss) for the period9904-€23,889-€58,022-€22,787-€38,925-€17,616-€71,902-€26,113▲ 63.7%
Profit (loss) for the period to be appropriated9905-€23,889-€58,022-€22,787-€38,925-€17,616-€71,902-€26,113▲ 63.7%
Line2019202020212022202320242025Change
Assets
Total assets20/58€1.5m€1.5m€1.8m€1.7m€1.8m€1.7m€1.8m▲ 5.7%
Fixed assets21/28€0.03m€0.03m€0.03m€0.03m€0.03m---
Financial fixed assets28€0.03m€0.03m€0.03m€0.03m€0.03m---
Current assets29/58€1.5m€1.5m€1.7m€1.7m€1.8m€1.7m€1.8m▲ 5.7%
Stocks and contracts in progress3€1.4m€1.4m€1.6m€1.6m€1.6m€1.7m€1.7m=
Stocks30/36---€1.6m€1.6m€1.7m€1.7m=
Amounts receivable within one year40/41€0.07m€0.07m€0.09m€0.09m€0.1m-€0.04m-
Other amounts receivable41---€0.09m€0.1m-€0.04m-
Cash at bank and in hand54/58€0.002m€0.003m€0.008m€0.001m€0.01m€0.004m€0.06m▲ 14×
Equity and liabilities
Total equity and liabilities10/49€1.5m€1.5m€1.8m€1.7m€1.8m€1.7m€1.8m▲ 5.7%
Equity10/15-€1.0m-€1.1m-€1.1m-€1.1m-€1.2m-€1.2m-€1.3m▼ 2.1%
Contributions10/11€0.07m€0.07m€0.07m€0.07m€0.07m€0.07m€0.07m=
Capital10---€0.07m€0.07m€0.07m€0.07m=
Issued capital100---€0.07m€0.07m€0.07m€0.07m=
Profit (loss) carried forward14-€1.1m-€1.2m-€1.2m-€1.2m-€1.2m-€1.3m-€1.3m▼ 2.0%
Amounts payable17/49€2.6m€2.6m€2.9m€2.9m€3.0m€3.0m€3.1m▲ 4.2%
Amounts payable after more than one year17€1.8m€1.8m€2.0m€2.0m€2.6m€2.6m€2.6m=
Financial debts170/4---€2.0m€2.6m€2.6m€2.6m=
Amounts payable within one year42/48€0.8m€0.8m€0.8m€0.9m€0.4m€0.4m€0.5m▲ 35.7%
Current portion of amounts payable after more than one year42---€0.8m€0.4m€0.4m€0.5m▲ 35.7%
Trade debts44--€315€315€196€197€197=
Suppliers440/4---€315€196€197€197=
Other amounts payable47/48---€0.03m----
Accrued charges and deferred income492/3---€0.001m€0.001m€484€484=
Line2019202020212022202320242025Change
Profit (loss) for the period9904-€23,889-€58,022-€22,787-€38,925-€17,616-€71,902-€26,113▲ 63.7%
Operating cash flow (approximation)-€23,889-€58,022-€22,787-€38,925-€17,616-€71,902-€26,113▲ 63.7%
Investment in fixed assets (approximation)-€0€0€0€0---
Change in cash-€869€5,450-€7,326€13,546-€9,957€58,887-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Latest 10 of 20 filings with the National Bank
Financial year Type Filed Reference
30-06-2025 micro format 31-01-2026 2026-00032889
30-06-2024 micro format 31-03-2025 2025-00062667
30-06-2023 micro format 31-01-2024 2024-00017276
30-06-2022 micro format 30-12-2022 2022-20549434
30-06-2021 micro format 05-10-2021 2021-71000459
30-06-2020 micro format 05-10-2021 2021-71000458
30-06-2019 micro format 30-09-2019 2019-66600044
30-06-2018 micro format 28-09-2018 2018-65500496
30-06-2017 micro format 04-10-2017 2017-65700339
30-06-2016 abbreviated format 11-10-2016 2016-64900565

Show all 20 filings

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.