Skip to content

ScryptCube Mining

Active
Private limited company· 8 yrs active
KBO/BCE: BE 0695.912.840
Watch Print / PDF
Age8 yrs
Staff (FTE)1

Summary

Conclusion

the dossier summarised in one paragraph

The computed 12-month bankruptcy probability of ScryptCube Mining is 4.2% (elevated). The 2021 annual accounts show negative equity (€-2.23M) and a net result of €-3.94M. Equity is shrinking by ~111.5% per year across the filed fiscal years. The company has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 3 annual accounts.

Bankruptcy probability (12 mo)

Checked model v1 · free for everyone
4.2% Elevated
0%0,5%1,5%4%10%≥25%
Annual accounts: weaker financial profile +No NACE activity registered +Young company +

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Signals

Insufficient current data: the most recent filed accounts (financial year 2021) are too old to derive current signals.

Trust signals

3 signals
More than 3 years active
Founded in 2018, past the statistically most fragile first 3 years.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad.
Administratively compliant
No FOD Economie strikeouts (UBO, accounts, address, activity).

Administrative Flags

0 events
No administrative flags

Financials

TurnoverNot published (abbreviated filing)
EBIT marginNot published (abbreviated filing)
Net result€-3.94M-423.4%
Working capital€4.09M+148.7%

Annual accounts & ratios

Source: NBB · 2021
Annual accounts filed on 30-08-2022 with the NBB · fiscal year 2021 · volledig
€-4.00M€-2.00M€0Operating result 2019: €-872k€-872kNet result 2019: €-872k€-872kOperating result 2020: €120k€120kNet result 2020: €-753k€-753kOperating result 2021: €-3.58M€-3.58MNet result 2021: €-3.94M€-3.94M201920202021
Operating resultNet result
Trajectory (indicative)
Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.
declining Net result: declining trend of ~176.1%/year over 3 fiscal years, indicative, assuming unchanged policy.
€-10.00M€-7.50M€-5.00M€-2.50M€02022: €-5.48M (€-5.79M - €-5.16M)2023: €-7.01M (€-7.33M - €-6.70M)2024: €-8.55M (€-8.86M - €-8.23M)2019: €-872k2020: €-753k2021: €-3.94M201920202021202220232024
Solid line = filed figures · dashed = extended trend · area = indicative range.
How do we compute this?

The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.

The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.

A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).

EBITDA
€-3.56M
- 19-21
Net profit
€-3.94M
-423.4% 19-21
Cash flow
€-3.92M
-4813.5% 19-21
Total assets
€4.82M
-11.2% 19-21
Equity
€-2.23M
- 19-21
Working capital
€4.09M
+148.7% 19-21
Employees (FTE)
1
-23.1% 19-21
Staff costs
€62k
- 19-21
Income taxes
€0
-100.0% 19-21
Debt
€7.05M
+89.7% 19-21
Debt ≤ 1y
€631k
+204.4% 19-21
Debt > 1y
€6.36M
+82.4% 19-21
Current ratio
7.49
-16.2% 19-21
Quick ratio
7.49
-16.2% 19-21
Solvency
-46.2%
- 19-21
Debt / equity
-3.17
- 19-21
ROE
176.9%
- 19-21
ROA
-81.7%
-489.4% 19-21
Interest coverage
-9.86
- 19-21
Figures by fiscal year
Fiscal year2021
Revenue-
EBITDA€-3.56M
Net profit€-3.94M
Cash flow€-3.92M
Staff costs€62k
Income taxes€0
Dividends-
Total assets€4.82M
Equity€-2.23M
Debt€7.05M
of which ≤ 1y€631k
of which > 1y€6.36M
Working capital€4.09M
Employees (FTE)1.0
Ratios (computed)
2021
Current ratio7.49
Quick ratio7.49
Working capital ratio84.9%
Solvency-46.2%
Debt / equity-3.17
Long-term debt ratio-2.85
Interest coverage-9.86
Gross margin-
Net margin-
ROA-81.7%
ROE176.9%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2021
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2021
Balance sheet, Assets
TOTAL ASSETS 20/58€4.82M
Fixed assets 21/28€99k
Formation expenses 20€0
Intangible fixed assets 21€0
Tangible fixed assets 22/27€98k
Financial fixed assets 28€900
Current assets 29/58€4.72M
Amounts receivable within one year 40/41€4.72M
Cash & bank 54/58€4k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€4.82M
Equity 10/15€-2.23M
Contributions / capital 10/11€2.47M
Accumulated profits (losses) 14€-4.70M
Amounts payable 17/49€7.05M
Amounts payable after one year 17€6.36M
Amounts payable within one year 42/48€631k
Trade debts payable within one year 44€251k
Income statement
Gross operating margin 9900€-6k
Operating result 9901€-3.58M
Financial income 75€808
Financial charges 65€361k
Result before taxes 9903€-3.94M
Income taxes 67/77€0
Net result for the period 9904€-3.94M
Result to be appropriated 9905€-3.94M
You're seeing the latest fiscal year only. Unlock 2 prior years (figures + ratios) with a paid plan. See plans →
Ratios computed by Checked.

Health barometer

FY 2021 · computed
37 / 100 Weak
050100

Unlock the full score breakdown, per-year score history and the indicative credit limit with Plus.

See plans →
Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative, not credit advice.

Structure & network

Locations & real estate

Establishment units

1 location
Polybius Fintech
Antwerpselaan 40, 1000 BrusselOntwerpen en programmeren van computerprogramma's
since 20182.277.205.751
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Parcels2
Ground area3,965 m²
Buildings2
Building footprint3,915 m²
Volume (LiDAR)98,623 m³
Tallest building35.3 m · ±9 fl.

Real-estate footprint

Source: CBE × cadastre · address linking

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Brussels 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21804D1424/00E002 Brussels 3,406 m² 1 · 3,354 m² 35.3 m · 9 fl.
21812N1440/00E000
ProtectedMonumentVoormalige Etablissements BlumSource ↗
Brussels 559 m² 1 · 561 m² 20.8 m · 6 fl.
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
1 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).

Analysis

Snowflake analysis

financial profile on 5 axes
Health37Profitability100Solvency67Growth32Stability100
67 / 100

Strong profile, led by profitability.

Health 37
Profitability 100
Solvency 67
Growth 32
Stability 100

Ask AI about this company

Checked AI

Soon: ask questions about this dossier, risks, curator, sector comparison, answered from the official data on this page.

TryWhat are the main risks?Any recent red flags?Compare to sector peers
Coming soon

AI due-diligence brief

Checked AI

Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.

Coming soon
AI-generated from Checked data; indicative, not legal or investment advice.

Credit advice

verdict per customer and amount

Should this customer buy amount X on invoice? Enter the amount and payment terms, you get an instant GREEN/AMBER/RED verdict, with a suggested ceiling and concrete conditions.

Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.

Company registry

Company registry (CBE)

Crossroads Bank
Names & trade names
Legal nameFR ScryptCube Mining
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.