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Qubux Projects

Active
Private limited companyfounded 2024active for 2 yearsHoogstraat(HA) 62, 9450 Haaltert, BelgiumKBO/BCE: BE 1011.730.883

From the official registers: KBO 2 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

The computed 12-month bankruptcy probability of Qubux Projects is 5.0% (elevated). The 2025 annual accounts show equity of €3,736 and a net result of €3,860. Its solvency ranks better than 16% of 49 sector peers (NACE 39, financial year 2025). The company has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Official details

KBO
Status
Active since 18-07-2024 Normal situation
Activity
Remediation activities and other waste management service activities NACE 39000and 1 other
Establishment unit
2.363.616.519 9050 Gent, since 18-07-2024
Financial year end
31 December
Peppol
Reachable since 18-06-2025

Board and ownership

Board
  • BIXBYDirector · permanent representative MICHIELS Veerle Cesarine Remi

Financial position

37 Weak Checked score 2025
Bankruptcy probabilitywithin 12 months
5.0%
Annual accounts 2025
Gross margin
€10,241
Turnover
≈ €79,000
estimated
Profit
€3,860
Equity
€3,736
Total assets
€46,315
▲ 26×
Staff
≈ 0.1 FTE
estimated
Filed on 27-08-2026, 27 days after the deadlineat the National Bank
Score breakdownraises riskFounded in 2024Liquidity: current ratio 1.051 change of registered office in 24 monthslowers riskFigures for financial year 2025 (filed on 29-08-2026)Show the evidence

Checked score

Score 2025
37 / 100
Weak
Probability in this band: 4.2% to 15.0%
Financially stronger than 38% of micro companies in remediation (NACE 39)
Financial strength · tick: 2024
Weak
Solvency 33+15
equity 8.1% of total assets
Liquidity 0=
short-term debt 91.9%
Profitability 58+58
return on assets 8.3%
Bankruptcy probability within 12 months
5.0% Elevated
0%0.5%1.5%4%10%≥ 25%

About 5 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.9% (91 companies, NACE 39, micro)
Last 24 months 08-2025: 1.8%lowest value 09-2025: 2.4%▲ +0.6 percentage points vs 08-2025 10-2025: 2.4%● unchanged vs 09-2025 11-2025: 2.7%▲ +0.3 percentage points vs 10-2025 12-2025: 2.8%▲ +0.1 percentage points vs 11-2025 01-2026: 2.9%▲ +0.1 percentage points vs 12-2025 02-2026: 3.1%▲ +0.2 percentage points vs 01-2026 03-2026: 3.1%● unchanged vs 02-2026 04-2026: 3.1%● unchanged vs 03-2026 05-2026: 3.1%● unchanged vs 04-2026 06-2026: 3.1%● unchanged vs 05-2026 07-2026: 6.0%▲ +2.9 percentage points vs 06-2026 08-2026: 6.3%▲ +0.3 percentage points vs 07-2026highest value 09-2026: 5.0%▼ -1.3 percentage points vs 08-2026 10-2026: 5.0%● unchanged vs 09-2026
No publishable credit limit, so credit only on tighter terms
Liquidity is tight, with a current ratio of 1.05, below the usual 1.5. Short-term debt is 91.9% of total assets. 91.9% 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 39, micro). It does better than 20% of them on solvency, 1% on liquidity, 34% on profitability and 99% 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. 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

Six signals.
lowers riskraises risk
raises risk · Founded in 2024
Companies of this age fail more often than older ones. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Liquidity: current ratio 1.05
NBB · annual accounts
lowers risk · Figures for financial year 2025 (filed on 29-08-2026)
NBB · annual accounts
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 16% of 49 sector peers (2025).
NBB · sector comparison
Position among 49 sector peers
Solvency
better than 16%
← weakest strongest →
raises risk · 2025 accounts filed 27 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-08-2026, 27 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 · 2 filings
Deviation from the deadline
2025
27 days late
2024
29 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 2 accounts on average 28 days after the deadline. In the sector (NACE 39), the median for financial year 2024 was 9 days before the deadline, and 34% 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.
Companies Code · seven months
Where today falls in the filing period
01-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since incorporation in 2024.
KBO publications

Key points

  • Caution: Less equity than 90% of companies in remediationsector median €56,347 · 49 companies €3,736 View

Comparable companies

These companies have the same main activity as Qubux Projects: remediation activities and other waste management service activities (NACE 39000). They are comparable in size and age: total assets between €28,100 and €82,800, founded between 2022 and 2024.

CompanyTotal assetsGross margin
Qubux Projects Haaltert€46,315€10,241
VCK Keuringen Brasschaat€54,924€16,556
Axary Consulting Lievegem€69,698€20,546
A-SANE Beringen€39,123€28,046
ASBEST ANDREAS Machelen (Brab.)€28,114€6,703
As-Best Haaltert€74,582€25,364
A.A.R.S. Sud - All Asbestos Removal Services Sud Wavre€82,819€17,992
Full comparison

Documents

Annual accounts at the NBB

Acts in the Belgian Official Gazette

All publications in the Belgian Official Gazette

Articles and registers

Key facts about Qubux Projects

What is the company number of Qubux Projects?
The company number of Qubux Projects is 1011.730.883. The VAT number is the same number with BE in front: BE 1011.730.883.
Where is Qubux Projects based?
The registered office is at Hoogstraat(HA) 62, 9450 Haaltert.Company details
What does Qubux Projects do?
According to the KBO register, the main activity is remediation activities and other waste management service activities (NACE 39000).
What is the legal form of Qubux Projects?
The legal form of Qubux Projects is Private limited company (BV).
When was Qubux Projects founded?
Qubux Projects was founded on 18-07-2024.
Is Qubux Projects still active?
Yes, Qubux Projects is an active enterprise in the KBO register.
What is the turnover of Qubux Projects?
The turnover in financial year 2025 is ≈ €79,000. This figure is estimated from the gross margin of €10,241 and 6,330 comparable companies of the same size. It probably lies between €36,000 and €190,000. It is a rough estimate.Financials
Is Qubux Projects profitable?
In financial year 2025, Qubux Projects made a profit of €3,860.
Where can I find the annual accounts of Qubux Projects?
Qubux Projects filed 2 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts at the National Bank
When are the next annual accounts of Qubux Projects due?
Qubux Projects must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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