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QUBRIQ

Open bankruptcy
Private limited company (pre-2019)founded 2002KBO/BCE: BE 0477.531.394

A bankruptcy procedure is open for QUBRIQ according to publications in the Belgian State Gazette; curator: ALAIN G. VANDAMME.

Summary

The 2016 annual accounts show equity of €147k and a net result of €64k.

Signals

Two signals.
+raises risk
raises risk · Register: open bankruptcy
The KBO register records the legal situation: open bankruptcy. This is today's state according to the register itself; the register carries no start date.
KBO · legal situation
raises risk · Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.
Belgian State Gazette
Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2016, full schema

Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€64k▲ 5.4%
2015 · €60k
2012: €3klowest in 5 years 2013: €5k▲ +83.8% vs 2012 2014: €13k▲ +151% vs 2013 2015: €60k▲ +361% vs 2014 2016: €64k▲ +5.4% vs 2015highest in 5 years
2012 → 2016
Working capital
€144k▲ 44.1%
2015 · €100k
2012: €22k 2013: €19k▼ -13.9% vs 2012lowest in 5 years 2014: €30k▲ +55.2% vs 2013 2015: €100k▲ +235% vs 2014 2016: €144k▲ +44.1% vs 2015highest in 5 years
2012 → 2016
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20122013201420152016Trend
Equity€21k-€26k▲ 24.6%€39k▲ 49.5%€83k▲ 111%€147k▲ 76.2% 2012: €21klowest in 5 years 2013: €26k▲ +24.6% vs 2012 2014: €39k▲ +49.5% vs 2013 2015: €83k▲ +111% vs 2014 2016: €147k▲ +76.2% vs 2015highest in 5 years
Operating result€14k-€12k▼ 11.2%€35k▲ 194%€10k▼ 71.9%€46k▲ 367% 2012: €14k 2013: €12k▼ -11.2% vs 2012 2014: €35k▲ +194% vs 2013 2015: €10k▼ -71.9% vs 2014lowest in 5 years 2016: €46k▲ +367% vs 2015highest in 5 years
Net result€3k-€5k▲ 83.8%€13k▲ 151%€60k▲ 361%€64k▲ 5.4% 2012: €3klowest in 5 years 2013: €5k▲ +83.8% vs 2012 2014: €13k▲ +151% vs 2013 2015: €60k▲ +361% vs 2014 2016: €64k▲ +5.4% vs 2015highest in 5 years
Result per fiscal year
Operating resultNet result
€0€20k€40k€60kOperating result 2012: €14k€14kNet result 2012: €3k€3kOperating result 2013: €12k€12kNet result 2013: €5k€5kOperating result 2014: €35k€35kNet result 2014: €13k€13kOperating result 2015: €10k€10kNet result 2015: €60k€60kOperating result 2016: €46k€46kNet result 2016: €64k€64k20122013201420152016€0€20k€40k€60kOperating result 2014: €35k€35kNet result 2014: €13k€13kOperating result 2015: €10k€9.9kNet result 2015: €60k€60kOperating result 2016: €46k€46kNet result 2016: €64k€64k201420152016
The operating result recovers in 2016; 2016 is 367% above 2015 and is the highest result in the available series.
Balance-sheet composition
2016 in colour, 2015 as the grey bar beneath
Assets €189k
Fixed assets €3k
Current assets €186k
Equity and liabilities €189k
Equity €147k ▲ 76.2%
Provisions €0 ▼ 100%
Debt €42k ▲ 916%
Debt's share of the balance-sheet total rises from 4.0% to 22.4%. Equity and debt are higher.
Key figures and ratios
2016 value · change against 2015
EBITDA
€48k
Cash flow
€65k
Current ratio
4.39▼
2015 · 24.88
ROE
43.3%▼
2015 · 72.4%
ROA
33.6%▼
2015 · 58.0%
Debt ≤ 1 year
€42k▲
2015 · €4k
Income taxes
€-16k▼
2015 · €-4k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2016 against 2015 · 25 lines
Balance sheet Code20152016
Assets
Total assets20/58€104k€189k▲
Fixed assets21/28-€3k
Tangible fixed assets22/27-€3k
Financial fixed assets28-€250
Current assets29/58€104k€186k▲
Amounts receivable within one year40/41€104k€186k▲
Cash at bank and in hand54/58-€23
Equity and liabilities
Total equity and liabilities10/49€104k€189k▲
Equity10/15€83k€147k▲
Contributions10/11€19k€19k=
Reserves13€34k€34k▲
Profit (loss) carried forward14€31k€94k▲
Provisions and deferred taxes16€16k-
Amounts payable17/49€4k€42k▲
Amounts payable within one year42/48€4k€42k▲
Trade debts44€375€42k▲
Income statement Code20152016
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€1k
Gross operating margin9900€12k€48k▲
Operating profit (loss)9901€10k€46k▲
Recurring financial income75€1k€2k▲
Recurring financial charges65€4k€271▼
Profit (loss) for the period before taxes9903€56k€48k▼
Income taxes67/77€-4k€-16k▼
Profit (loss) for the period9904€60k€64k▲
Profit (loss) for the period to be appropriated9905€12k€64k▲
Accounts by statement
Line20122013201420152016Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€33k€36k€33k-€1k-
Gross operating margin9900€61k€63k€83k€12k€48k▲ 317%
Operating profit (loss)9901€14k€12k€35k€10k€46k▲ 367%
Recurring financial income75€21€40€16€1k€2k▲ 30.9%
Recurring financial charges65€4k€3k€2k€4k€271▼ 92.7%
Profit (loss) for the period before taxes9903€5k€10k€26k€56k€48k▼ 14.7%
Income taxes67/77€3k€4k€13k€-4k€-16k▼ 260%
Profit (loss) for the period9904€3k€5k€13k€60k€64k▲ 5.4%
Profit (loss) for the period to be appropriated9905€3k€5k€13k€12k€64k▲ 438%
Line20122013201420152016Change
Assets
Total assets20/58€88k€90k€126k€104k€189k▲ 82.0%
Fixed assets21/28€56k€59k€69k-€3k-
Tangible fixed assets22/27€56k€59k€69k-€3k-
Financial fixed assets28€50€50€50-€250-
Current assets29/58€32k€31k€57k€104k€186k▲ 79.1%
Stocks and contracts in progress3€1k€1k€1k---
Amounts receivable within one year40/41€607€2k€496€104k€186k▲ 79.1%
Cash at bank and in hand54/58€30k€28k€55k-€23-
Equity and liabilities
Total equity and liabilities10/49€88k€90k€126k€104k€189k▲ 82.0%
Equity10/15€21k€26k€39k€83k€147k▲ 76.2%
Contributions10/11€19k€19k€19k€19k€19k=
Reserves13€350€850€2k€34k€34k▲ 0.7%
Profit (loss) carried forward14€2k€7k€19k€31k€94k▲ 203%
Provisions and deferred taxes16---€16k--
Amounts payable17/49€66k€63k€87k€4k€42k▲ 916%
Amounts payable after more than one year17€57k€52k€59k---
Amounts payable within one year42/48€10k€12k€27k€4k€42k▲ 916%
Trade debts44--€7k€375€42k▲ 11,215%
Line20122013201420152016Change
Profit (loss) for the period9904€3k€5k€13k€60k€64k▲ 5.4%
+ Depreciation and write-downs630€33k€36k€33k-€1k-
Operating cash flow (approximation)€36k€41k€47k€60k€65k▲ 7.7%
Investment in fixed assets (approximation)-€-39k€-44k---
Change in cash-€-2k€28k---

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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Timeline · acts, filings and financial milestones

2018
07-11
Bankruptcy Opening
Tribunal de commerce francophone de Bruxelles · event 29-10-2018
2017
19-05
NBB filing Annual accounts filed
fiscal year 2016 · full schema · 200 days late
2016
31-03
Financial Highest result since 2012net €64k ▲5.4%
Operating result €46k, net result €64k, both a record.
31-03
Financial Equity above €100kEq €147k ▲76.2%
5 profitable years in a row build equity to €147k.
2015
30-12
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema · 60 days late
31-03
Financial Liquidity times 12current ratio 24.88
Current ratio from 2.10 to 24.88; short-term debt falls from €27k to €4k.
2014
11-09
NBB filing Annual accounts filed
fiscal year 2014 · abbreviated schema
2013
29-07
NBB filing Annual accounts filed
fiscal year 2013 · abbreviated schema
2012
31-07
NBB filing Annual accounts filed
fiscal year 2012 · abbreviated schema
2011
06-07
NBB filing Annual accounts filed
fiscal year 2011 · abbreviated schema
2010
05-08
NBB filing Annual accounts filed
fiscal year 2010 · abbreviated schema
2009
31-08
NBB filing Annual accounts filed
fiscal year 2009 · abbreviated schema
2008
10-07
NBB filing Annual accounts filed
fiscal year 2008 · abbreviated schema
2007
11-07
NBB filing Annual accounts filed
fiscal year 2007 · abbreviated schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 8 acts read
About the unread acts

We know of 8 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
8 acts for this company are 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, Ukkel · 1 establishment unit since 2002
seat establishment The establishment unit on the map
Ground area
3,621 m²
Building footprint
2,503 m²
Volume, LiDAR
26,929 m³
2 parcels, Brussels · tallest building 40.0 m, ±6 floors. Linked by address, not a title deed.
1 establishment unit
QUBRIQ
General construction of buildings
since 20022.099.103.853
2 parcels
Brussels 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21306D0325/00F000 Brussels 2,312 m² 1 · 1,725 m² 40.0 m · 1 fl.
21612C0285/00Z000 Brussels 1,309 m² 1 · 778 m² 20.5 m · 6 fl.
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Insolvency mandates

1 mandate
Role Name Tenure
Curator ALAIN G. VANDAMME
BOULEVARD BRAND WHIT- LOCK 106, 1200 BRUXELLES 20
29-10-2018 → present

Similar companies · same sector, comparable size

Of 21,853 companies in sector 56112 we hold annual accounts for 9,776. 7,291 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 (pre-2019)
Founded17-05-2002
Fiscal year end31-03
Activities, NACEBEL 2025
56112Limited-service restaurants, excluding mobile food services

Scores and ratios are computed by Checked and are not a credit decision.