SCHWARZCUBE
ActiveSummary
SCHWARZCUBE has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €26,312 and a net result of €23,325. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 43% of 20783 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability100▲+45
Solvency80▲+40
Growth78▲+46
Track record100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2,000 at 30 days acceptable
Liquidity ample (current ratio 1.82 against 1.11 in 2023; short-term debt: 44.6% and cash: 27.4% of total assets), and 44.6% of the assets are financed with debt.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Computer programming, consultancy and related activities (NACE 62)
about 64% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
55.4%
Return on assets
49.1%
Age of the figures
21 mo
lowers risk · Growing equity
Reported equity is higher than in 2022 and did not fall compared with 2023. These amounts do not establish the cause of the change.
NBB · annual accounts 2024Equity per financial year
2021222324
2020 to 2024 · latest year €26,312
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 23-06-2025, 38 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
not confirmed
2024
38 d early
2023
63 d early
2022
32 d early
2021
60 d early
2020
73 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 5 accounts on average 53 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 33% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
Equity
€26,312▲ 781%
2023 · €2,987
Total assets
€47,486▲ 132%
2023 · €20,430
Net result
€23,325
2023 · -€289
Working capital
€17,380▲ 787%
2023 · €1,959
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€27,658--€10,359-€8,370▲ 19.2%€362€31,998▲ 8,729%
Net result€22,099--€11,225-€9,097▲ 19.0%-€289▲ 96.8%€23,325
Equity€23,599-€12,373▼ 47.6%€3,276▼ 73.5%€2,987▼ 8.8%€26,312▲ 781%
Total assets€30,839-€32,714▲ 6.1%€14,098▼ 56.9%€20,430▲ 44.9%€47,486▲ 132%
Debt€7,240-€20,341▲ 181%€10,821▼ 46.8%€17,443▲ 61.2%€21,174▲ 21.4%
Working capital€22,635-€7,775▼ 65.7%€981▼ 87.4%€1,959▲ 99.6%€17,380▲ 787%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2021 the operating result has climbed three years in a row; 2024 is 8,729% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €47,486
Fixed assets
€8,932 ▲ 768%
Current assets
€38,554 ▲ 98.7%
Equity and liabilities €47,486
Equity
€26,312 ▲ 781%
Debt
€21,174 ▲ 21.4%
Debt's share of the balance-sheet total falls from 85.4% to 44.6%. Equity and debt are higher.
Key figures and ratios
EBITDA
€35,064▲
2023 · €1,629
Cash flow
€26,392▲
2023 · €977
Current ratio
1.82▲
2023 · 1.11
Debt to equity
0.80▼
2023 · 5.84
ROE
88.6%▲
2023 · -9.7%
ROA
49.1%▲
2023 · -1.4%
Interest coverage
64.42▲
2023 · 4.61
Debt ≤ 1 year
€21,174▲
2023 · €17,443
Income taxes
€8,143▲
2023 · €298
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €173 | €706 | €2,304 | €1,266 | €3,067 | ▲ 142% |
| Other operating charges640/8 | - | €407 | €2,092 | €1,844 | €2,943 | ▲ 59.6% |
| Gross operating margin9900 | €27,881 | -€9,246 | -€3,975 | €3,472 | €38,008 | ▲ 995% |
| Operating profit (loss)9901 | €27,658 | -€10,359 | -€8,370 | €362 | €31,998 | ▲ 8,729% |
| Financial income75/76B | - | €174 | - | - | €14 | - |
| Recurring financial income75 | €163 | €174 | - | - | €14 | - |
| Financial charges65/66B | - | €849 | €429 | €353 | €544 | ▲ 54.1% |
| Recurring financial charges65 | €263 | €849 | €429 | €353 | €544 | ▲ 54.1% |
| Profit (loss) for the period before taxes9903 | €27,558 | -€11,034 | -€8,799 | €9 | €31,468 | ▲ 341,569% |
| Income taxes67/77 | €5,460 | €191 | €298 | €298 | €8,143 | ▲ 2,630% |
| Profit (loss) for the period9904 | €22,099 | -€11,225 | -€9,097 | -€289 | €23,325 | ▲ 8,169% |
| Profit (loss) for the period to be appropriated9905 | €22,099 | -€11,225 | -€9,097 | -€289 | €23,325 | ▲ 8,169% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €30,839 | €32,714 | €14,098 | €20,430 | €47,486 | ▲ 132% |
| Fixed assets21/28 | €964 | €4,599 | €2,295 | €1,029 | €8,932 | ▲ 768% |
| Tangible fixed assets22/27 | €964 | €4,599 | €2,295 | €1,029 | €8,932 | ▲ 768% |
| Plant, machinery and equipment23 | - | €4,599 | €2,295 | €1,029 | - | - |
| Furniture and vehicles24 | - | - | - | - | €8,932 | - |
| Current assets29/58 | €29,875 | €28,116 | €11,803 | €19,401 | €38,554 | ▲ 98.7% |
| Amounts receivable within one year40/41 | €12,384 | €25,687 | €8,019 | €10,812 | €25,541 | ▲ 136% |
| Trade receivables40 | - | €23,504 | €7,398 | €10,812 | €22,320 | ▲ 106% |
| Other amounts receivable41 | - | €2,183 | €621 | - | €3,221 | - |
| Cash at bank and in hand54/58 | €17,492 | €2,428 | €3,784 | €8,589 | €13,013 | ▲ 51.5% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €30,839 | €32,714 | €14,098 | €20,430 | €47,486 | ▲ 132% |
| Equity10/15 | €23,599 | €12,373 | €3,276 | €2,987 | €26,312 | ▲ 781% |
| Contributions10/11 | - | €1,500 | €1,500 | €1,500 | €1,500 | = |
| Reserves13 | €22,099 | €10,873 | €1,776 | €1,487 | €24,812 | ▲ 1,568% |
| Distributable reserves133 | - | €10,873 | €1,776 | €1,487 | €24,812 | ▲ 1,568% |
| Amounts payable17/49 | €7,240 | €20,341 | €10,821 | €17,443 | €21,174 | ▲ 21.4% |
| Amounts payable within one year42/48 | €7,240 | €20,341 | €10,821 | €17,443 | €21,174 | ▲ 21.4% |
| Trade debts44 | €1,017 | €2,177 | €5,942 | €3,466 | €1,519 | ▼ 56.2% |
| Suppliers440/4 | - | €2,177 | €5,942 | €3,466 | €1,519 | ▼ 56.2% |
| Taxes, remuneration and social security45 | - | €18,164 | €4,749 | €11,210 | €19,654 | ▲ 75.3% |
| Taxes450/3 | - | €12,584 | €489 | €7,082 | €16,085 | ▲ 127% |
| Remuneration and social security454/9 | - | €5,580 | €4,260 | €4,128 | €3,569 | ▼ 13.5% |
| Other amounts payable47/48 | - | - | €130 | €2,767 | - | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €22,099 | -€11,225 | -€9,097 | -€289 | €23,325 | ▲ 8,169% |
| + Depreciation and write-downs630 | €173 | €706 | €2,304 | €1,266 | €3,067 | ▲ 142% |
| Operating cash flow (approximation) | €22,272 | -€10,519 | -€6,793 | €977 | €26,392 | ▲ 2,601% |
| Investment in fixed assets (approximation) | - | -€4,341 | €0 | €0 | -€10,971 | - |
| Change in cash | - | -€15,063 | €1,355 | €4,805 | €4,424 | ▼ 7.9% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
23-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €23,325
Net result €23,325 after 3 loss-making years.
29-05
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
29-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
01-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Weakest financial yearnet -€11,225
Net result drops to -€11,225, the lowest in the series; recovery starts the following year.
19-05
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
3 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, Mechelen · 1 establishment unit since 2020
Ground area
4,199 m²
Building footprint
253 m²
Volume, LiDAR
2,606 m³
Parcel 12403E0169/00P002, Flanders · tallest building 14.2 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
SCHWARZCUBE
since 20202.300.477.041
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12403E0169/00P002 | Flanders | 4,199 m² | 1 · 253 m² | 14.2 m · 4 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 30,007 companies in sector 62200 we hold annual accounts for 18,394. 13,957 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
Founded03-03-2020
Fiscal year end31-12
Activities, NACEBEL 2025
62200Computer consultancy and computer facilities management
Scores and ratios are computed by Checked and are not a credit decision.