QUBIMMO
ActiveFrom the official registers: KBO 5 annual accounts at the National Bank publications in the Belgian Official Gazette
Summary
The computed 12-month bankruptcy probability of QUBIMMO is 4.1% (elevated). The 2025 annual accounts show equity of €45,006 and a net result of -€24,101. Equity is growing by about 49% per year across the filed financial years. Its solvency ranks better than 14% of 34,855 sector peers (NACE 43, financial year 2025). The company has been active since 2020 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Official details
KBO- Status
- Active since 07-07-2020 Normal situation
- Legal form
- Private limited company
- Registered office
- Lindestraat 42, 1640 Sint-Genesius-Rode
- Activity
- Site preparation NACE 43120and 6 others
- Establishment unit
- 2.311.022.426 1180 Ukkel, since 07-07-2020
- Financial year end
- 30 June
- Peppol
- Reachable since 16-03-2026
How it is doing
- Bankruptcy probabilitywithin 12 months
- 4.1%
- Turnover
- €710,913
- ▼ 19.1%
- Loss
- €24,101
- Equity
- €45,006
- ▼ 34.9%
- Total assets
- €455,851
- ▲ 39.0%
Why 47raises riskLast filed accounts filed 111 days late; 1 of the last 3 late1 change of registered office in 24 monthsFounded in 2020lowers riskLiquidity: current ratio 0.95, cash €105,609Show the evidence
Checked score
About 4 in 100 comparable companies go bankrupt within 12 months (an estimate).
How it is calculated
The band follows from the bankruptcy probability, on a scale where 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): better than 14% on solvency, 24% on liquidity, 24% on profitability and 18% on growth.
The bankruptcy probability was computed on 31-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
This company filed its last 5 accounts on average 69 days after the deadline; the sector median (NACE 43) for financial year 2024 is 1 day before the deadline, and 43% of those companies filed late.
Searched, nothing found (2)
Financials · financial year 2025, micro format
2025 annual accounts filed late (110 days) Filed on 21 May 2026, deadline 31 January 2026 (7 months after the close on 30 June 2025, Companies Code art. 3:10). Source: NBB, 2026-00117127.
Annual accounts 2025
- Financial year ended
- 30-06-2025
- Filed on
- 21-05-2026
- Format
- micro format
- Reference
- 2026-00117127
2021 to 2025, 5 financial years
The operating result turns negative in 2025: a loss of €14,732 after €42,224 in 2024, the lowest result in the available series.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 43, Specialised construction activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Peer companies
Historical observationOf the 819 companies that looked in July 2024 the way this one looks now, 1.8% went bankrupt within 24 months and 94.7% are still going.
- Small
- 5 to 10 years old
- solvency under 10%
- a small loss
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 4.1% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
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%.
| 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 819 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.
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €4,600 | €45,795 | €372,557 | €878,800 | €710,913 | ▼ 19.1% |
| Goods, raw materials, services and sundry goods60/61 | €13,637 | €25,595 | €349,498 | €811,317 | €661,881 | ▼ 18.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2,266 | €1,740 | €2,306 | €20,671 | €29,381 | ▲ 42.1% |
| Other operating charges640/8 | - | €8,933 | €1,273 | €4,588 | €5,419 | ▲ 18.1% |
| Non-recurring operating charges66A | - | - | - | - | €28,964 | - |
| Gross operating margin9900 | -€9,037 | €20,200 | €23,059 | €67,483 | €49,032 | ▼ 27.3% |
| Operating profit (loss)9901 | -€11,303 | €9,527 | €19,480 | €42,224 | -€14,732 | - |
| Financial charges65/66B | €43 | €430 | €844 | €2,129 | €2,283 | ▲ 7.2% |
| Recurring financial charges65 | €43 | €430 | €844 | €2,129 | €2,283 | ▲ 7.2% |
| Profit (loss) for the period before taxes9903 | -€11,346 | €9,097 | €18,636 | €40,095 | -€17,015 | - |
| Income taxes67/77 | - | - | €4,500 | €12,875 | €7,086 | ▼ 45.0% |
| Profit (loss) for the period9904 | -€11,346 | €9,097 | €14,136 | €27,220 | -€24,101 | - |
| Profit (loss) for the period to be appropriated9905 | -€11,346 | €9,097 | €14,136 | €27,220 | -€24,101 | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €18,904 | €80,985 | €171,342 | €327,860 | €455,851 | ▲ 39.0% |
| Fixed assets21/28 | €12,282 | €13,382 | €15,124 | €64,920 | €112,908 | ▲ 73.9% |
| Intangible fixed assets21 | €7,438 | €6,612 | €5,786 | €4,960 | €4,132 | ▼ 16.7% |
| Tangible fixed assets22/27 | €4,844 | €6,370 | €8,938 | €59,560 | €107,926 | ▲ 81.2% |
| Plant, machinery and equipment23 | - | €1,098 | €2,077 | €22,624 | €23,423 | ▲ 3.5% |
| Furniture and vehicles24 | - | €966 | €3,094 | €33,708 | €81,812 | ▲ 143% |
| Other tangible fixed assets26 | €4,844 | €4,306 | €3,767 | €3,228 | €2,691 | ▼ 16.6% |
| Financial fixed assets28 | - | €400 | €400 | €400 | €850 | ▲ 113% |
| Current assets29/58 | €6,622 | €67,603 | €156,218 | €262,940 | €342,943 | ▲ 30.4% |
| Amounts receivable within one year40/41 | €5,943 | €59,906 | €135,676 | €183,353 | €234,900 | ▲ 28.1% |
| Trade receivables40 | - | €30,453 | €118,701 | €123,093 | €171,313 | ▲ 39.2% |
| Other amounts receivable41 | €5,943 | €29,453 | €16,975 | €60,260 | €63,587 | ▲ 5.5% |
| Cash at bank and in hand54/58 | €679 | €7,697 | €20,542 | €79,587 | €105,609 | ▲ 32.7% |
| Deferred charges and accrued income490/1 | - | - | - | - | €2,434 | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €18,904 | €80,985 | €171,342 | €327,860 | €455,851 | ▲ 39.0% |
| Equity10/15 | €18,654 | €27,751 | €41,887 | €69,107 | €45,006 | ▼ 34.9% |
| Contributions10/11 | €30,000 | €30,000 | €30,000 | €30,000 | €30,000 | = |
| Capital10 | - | €30,000 | - | - | - | - |
| Issued capital100 | - | €30,000 | - | - | - | - |
| Reserves13 | - | - | €3,000 | €3,000 | €3,000 | = |
| Non-distributable reserves130/1 | - | - | €3,000 | €3,000 | €3,000 | = |
| Reserves not available under the articles1311 | - | - | €3,000 | €3,000 | €3,000 | = |
| Profit (loss) carried forward14 | -€11,346 | -€2,249 | €8,887 | €36,107 | €12,006 | ▼ 66.7% |
| Amounts payable17/49 | €250 | €53,234 | €129,455 | €258,753 | €410,845 | ▲ 58.8% |
| Amounts payable after more than one year17 | - | - | - | €20,698 | €51,101 | ▲ 147% |
| Financial debts170/4 | - | - | - | €20,698 | €51,101 | ▲ 147% |
| Amounts payable within one year42/48 | €250 | €53,234 | €129,455 | €238,055 | €359,744 | ▲ 51.1% |
| Current portion of amounts payable after more than one year42 | - | - | - | €5,698 | €14,068 | ▲ 147% |
| Trade debts44 | - | €40,534 | €114,876 | €155,855 | €267,411 | ▲ 71.6% |
| Suppliers440/4 | - | €31,674 | €114,876 | €155,855 | €267,411 | ▲ 71.6% |
| Bills of exchange payable441 | - | €8,860 | - | - | - | - |
| Taxes, remuneration and social security45 | - | - | €4,500 | €17,515 | €19,086 | ▲ 9.0% |
| Taxes450/3 | - | - | €4,500 | €17,515 | €19,086 | ▲ 9.0% |
| Other amounts payable47/48 | €250 | €12,700 | €10,079 | €58,987 | €59,179 | ▲ 0.3% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€11,346 | €9,097 | €14,136 | €27,220 | -€24,101 | - |
| + Depreciation and write-downs630 | €2,266 | €1,740 | €2,306 | €20,671 | €29,381 | ▲ 42.1% |
| Operating cash flow (approximation) | -€9,080 | €10,837 | €16,442 | €47,891 | €5,280 | ▼ 89.0% |
| Investment in fixed assets (approximation) | - | -€2,840 | -€4,048 | -€70,467 | -€77,369 | ▼ 9.8% |
| Change in cash | - | €7,018 | €12,845 | €59,045 | €26,022 | ▼ 55.9% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (5)
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 30-06-2025 | micro format | 21-05-2026 | 2026-00117127 | |
| 30-06-2024 | micro format | 30-01-2025 | 2025-00016423 | |
| 30-06-2023 | micro format | 31-01-2024 | 2024-00021277 | |
| 30-06-2022 | micro format | 26-01-2023 | 2023-00004837 | |
| 30-06-2021 | micro format | 29-09-2022 | 2022-20451422 |
Similar companies · same sector, comparable size
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Board 1
Permanent representatives 1
Mandate history
- Board
- Other function
- began earlier
| Name | Functions and periods |
|---|---|
| H.G.L. GESTION + |
|
| El mourabit Said |
|
| Adil Ababou |
|
How the board is organised
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- Each director alone
- Board ruleHow the board is made up, meets and takes decisions.
- “Met of zonder beperking, aantal-duur-bevoegdheid bij meerdere”1 more provision on this in the deed
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Beslissing algemene vergadering in vormen vereist voor statutenwijziging, op elk moment”
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Om welke reden en op welk ogenblik ook, bestuurder(s) in functie indien geen andere vereffenaar benoemd”
Articles of association, deed of 27-11-2025
The directors' other companies
1 other company of this director was struck off by the FPS Economy (2025).
- BELCOGROUP struck off on 17-01-2025Official Gazettemandate since 2024
Source: Belgian Official Gazette (bankruptcies, judicial dissolutions, board mandates), FPS Economy (strike-offs) and the KBO register. A bankruptcy, dissolution or strike-off says nothing about the director's part in it.
Owners and capital
Capital and shareholders
- Adil Ababou to Guy Wesemael 3,000 shares
- 27-11-2025 Capital stated in the deed · 3,000 shares
Shares according to the articles of association
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- “Op naam, vruchtgebruiker en blote eigenaar afzonderlijk ingeschreven”
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- One provision in the deed
- Share issue ruleHow and by whom new shares can be issued.
- One provision in the deed
Other provisionsRules from the articles on subjects other than the board, the shares, the purpose and the meetings.
Articles of association, deed of 27-11-2025 (in Dutch)
Group and network
Connections & network
1 connected companyThe connected companies are in the list below.
History
Acts, filings and financial milestones
27-11
Gazette deed
Registered office · Amendment of the articlesCapital · Registered office clause · Registered-office move6 facts ▸
- Capital
- Registered office clause, “Lindestraat,42, Vierde besluit verklaring adres zetel” (deed in Dutch)
- General meeting, 13-11-2025
- Other provision, “Overdracht van de zetel, Schrapping van de Franse versie van de statuten en aanneming van nieuwe statuten,in het Nederlands zonder wijziging van het voorwerp va…” (deed in Dutch)
- Registered-office move, Lindestraat,42 te 1640 Sint-Genesius-Rode
- Amendment of the articles
01-12
Gazette deed
Resignations: Adil Ababou (director) and El Mourabit Said (directeur tecnique)Appointment: H.G.L. Gestion + (director) · Permanent representative: Guy Wesemael · Director discharge8 facts ▸
- General meeting, 18-11-2022
- Director resignation, Adil Ababou (director)
- Director discharge, Adil Ababou
- Director appointment, H.G.L. Gestion + (director)
- Permanent representative, Guy Wesemael (managing director)
- Share transfer, Adil Ababou → Guy Wesemael
- Director resignation, El Mourabit Said (directeur tecnique)
- Registered-office move, boulevard du Souverain 24 à 1170 Watermal-Boitsfort
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
Register details
Who it is
KBO recordWhere it is based
What it does
NACEBEL 2025Invoicing and payment
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice, with enterprise number 0749.899.080
Financial year and general meeting
Accounts at the NBBScores and ratios are computed by Checked and are not a credit decision.
Purpose, financial year and meetings according to the articles of association
What the company does
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- QUBIMMO
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaams Gewest”
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Last Friday of September at 18:00
Articles of association, deed of 27-11-2025 (in Dutch)
Environmental permits: No permit applications found in Flanders.
Sites & property
1 establishment unit
Buildings and parcels at the addresses
2 parcels
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 21614H0010/00V033 | Brussels | 217 m² | 1 · 199 m² | 16.1 m · 4 |
| 22004C0677/00T000 | Flanders | 210 m² | 1 · 89 m² | 10.1 m · 3 |