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Qube

Active
Private limited company (pre-2019)founded 2017active for 9 yearsOlenseweg 233, 2260 Westerlo, BelgiumKBO/BCE: BE 0671.680.161
Summary

Qube has been active since 2017 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €26,639 and a net result of -€2,375. Equity has been growing by about 21% per year since 2018. Its solvency ranks better than 16% of 9,883 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.9% (low).

Overview

Official details

Source: KBO
Status
Active since 21-02-2017 Normal situation
Activity
Joinery installation NACE 43320and 1 other
Joint committees
124 Paritair Comité voor het bouwbedrijf
200 Aanvullend Paritair Comité voor de bedienden · annual accounts 2025
Establishment unit
2.262.396.722 2260 Westerlo, since 21-02-2017
Financial year end
31 December
Peppol
Reachable since 02-12-2025

Board and ownership

Board
  • ALC Group CommVDirector
  • VDPEDirector

Financial position

66 Healthy Checked score 2025
Bankruptcy probabilitywithin 12 months
0.9%
Annual accounts 2025
Gross margin
€217,498
▲ 48.0%
Turnover
≈ €860,000
estimated
Loss
€2,375
▼ 79.9%
Equity
€26,639
▼ 8.2%
Total assets
€182,771
▼ 11.3%
Staff
2.1 FTE
=
  • 2025 accounts filed 31 days after the deadline
Filed on 31-08-2026
Score breakdownraises riskEquity €26,639 (14.6% of total assets)Last filed accounts filed 31 days late; 1 of the last 3 accounts lateSector: Specialised construction activities (NACE 43)lowers riskLiquidity: current ratio 2.41, cash €45,410Show the evidence

Checked score

Score 2025
66 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially stronger than 33% of micro companies in specialised construction (NACE 43)
Financial strength · tick: 2024
Average
Solvency 40+1
equity 14.6% of total assets
Liquidity 66+12
short-term debt 34.7% · cash 24.8%
Profitability 53+41
return on assets -1.3%
Bankruptcy probability within 12 months
0.9% Low
0%0.5%1.5%4%10%≥ 25%

About 9 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,674 companies, NACE 43, micro)
Last 24 months 12-2024: 2.6%highest value 01-2025: 2.5%▼ -0.1 percentage points vs 12-2024 02-2025: 2.5%● unchanged vs 01-2025 03-2025: 2.5%● unchanged vs 02-2025 04-2025: 2.4%▼ -0.1 percentage points vs 03-2025 05-2025: 1.7%▼ -0.7 percentage points vs 04-2025 06-2025: 1.7%● unchanged vs 05-2025 07-2025: 1.7%● unchanged vs 06-2025 08-2025: 1.8%▲ +0.1 percentage points vs 07-2025 09-2025: 1.8%● unchanged vs 08-2025 10-2025: 1.8%● unchanged vs 09-2025 11-2025: 1.8%● unchanged vs 10-2025 12-2025: 1.8%● unchanged vs 11-2025 01-2026: 1.7%▼ -0.1 percentage points vs 12-2025 02-2026: 1.7%● unchanged vs 01-2026 03-2026: 1.7%● unchanged vs 02-2026 04-2026: 1.7%● unchanged vs 03-2026 05-2026: 1.8%▲ +0.1 percentage points vs 04-2026 06-2026: 1.7%▼ -0.1 percentage points vs 05-2026 07-2026: 1.7%● unchanged vs 06-2026 08-2026: 2.1%▲ +0.4 percentage points vs 07-2026 09-2026: 0.9%▼ -1.2 percentage points vs 08-2026lowest value 10-2026: 0.9%● unchanged vs 09-2026lowest value 11-2026: 0.9%● unchanged vs 10-2026lowest value
Credit of up to €1,500 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 2.41 (2.47 in 2024), above the usual 1.5. Short-term debt is 34.7% and cash 24.8% of total assets. However, 85.4% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 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 (NACE 43, micro). It does better than 17% of them on solvency, 64% on liquidity, 25% on profitability and 26% on growth.

The bankruptcy probability was computed on 01-11-2026 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. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Seven signals.
lowers riskraises risk
lowers risk · Liquidity: current ratio 2.41, cash €45,410
NBB · annual accounts
raises risk · Equity €26,639 (14.6% of total assets)
NBB · annual accounts
raises risk · Last filed accounts filed 31 days late; 1 of the last 3 accounts late
NBB · filings
raises risk · Sector: Specialised construction activities (NACE 43)
KBO
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025
Net result per financial year
1819202122232425
2018 to 2025 · latest year -€2,375
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 16% of 9883 sector peers (2025).
NBB · sector comparison
Position among 9883 sector peers
Solvency
better than 16%
← weakest strongest →
raises risk · 2025 accounts filed 31 days late
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 · 9 filings
Deviation from the deadline
2025
31 days late
2024
1 day early
2023
on the day
2022
31 days late
2021
2 days early
2020
57 days early
2019
25 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 3 days before the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed 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 1 August (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
02-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Risk: 3 loss-making years in a rowloss in financial year 2025 -€2,375 View
  • Caution: Less equity than 85% of companies in specialised constructionsector median €251,308 · 9,885 companies €26,639 View

Recent changes

  1. · Gazette deed Registered office moved from Herentals to Westerlo
  2. · Gazette deed Incorporation
All 14 events

Comparable companies

These companies have the same main activity as Qube: joinery installation (NACE 43320). They are comparable in size and age: total assets between €153,000 and €317,000, founded between 2012 and 2018.

CompanyTotal assetsGross margin
Qube Westerlo€182,771€217,498
C-Ling Ardooie€266,610€205,586
BOIS INTEMPOREL Anderlecht€153,012€142,494
VAN DEN BERGH VERANDA'S Essen€188,233€259,835
Maes Renovatie Nijlen€316,888€242,125
BCMB Zele€246,572€184,542
DEMOLDER-CLAES CONCEPTS Roeselare€261,421€124,749
Full comparison

Key facts about Qube

What is the company number of Qube?
The company number of Qube is 0671.680.161. The VAT number is the same number with BE in front: BE 0671.680.161.
Where is Qube based?
The registered office is at Olenseweg 233, 2260 Westerlo.Company details
What does Qube do?
According to the KBO register, the main activity is joinery installation (NACE 43320).
What is the legal form of Qube?
The legal form of Qube is Private limited company (pre-2019) (BVBA).
When was Qube founded?
Qube was founded on 21-02-2017.
Is Qube still active?
Yes, Qube is an active enterprise in the KBO register.
How many employees does Qube have?
Qube had an average of 2.1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does Qube fall under?
In its 2025 annual accounts, Qube states joint committees 124 (Paritair Comité voor het bouwbedrijf) and 200 (Aanvullend Paritair Comité voor de bedienden).
What is the turnover of Qube?
The turnover in financial year 2025 is ≈ €860,000. This figure is estimated from the gross margin of €217,498 and 37 comparable companies (NACE 43320). It probably lies between €580,000 and €1.1m.
Is Qube profitable?
In financial year 2025, Qube made a loss of €2,375.
Where can I find the annual accounts of Qube?
Qube filed 9 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of Qube due?
Qube must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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