ScryptCube Mining
Open bankruptcyOverview
Information for creditors
Open bankruptcy
Source: Belgian Official Gazette
Declared bankrupt on 17 December 2025 · trustee Anne-Laure Philippe · claim deadline passed on 16 January 2026
How to file a claimThe procedure
- Court
- French-language Enterprise Court of Brussels
- Supervising judge
- Astrid Waucquez
- Official Gazette
- 31-12-2025search the document for 2025/154829
Deadlines
- Appeal or third-party opposition until
- passed on 15 January 2026That is fifteen days after the publication in the Official Gazette.art. XX.108, Code of Economic Law
- File the claim in RegSol, the Belgian insolvency register, until
- passed on 16 January 2026art. XX.104 and XX.155, Code of Economic Law
- First verification report
- passed on 21 January 2026Reclaim goods that are still yours, such as goods delivered under retention of title, before this day.art. XX.104 and XX.194, Code of Economic Law
- Late claim until
- 17 December 2026A late claim shares only in what has not yet been paid out. You bear the costs of that claim.art. XX.165, Code of Economic Law
Trustee
- Anne-Laure PhilippeChaussee De Waterloo 880, 1000 Bruxellesal.philippe@sybarius.net
Steps for a creditor
- Stop delivering on credit unless the trustee agrees.
- Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
- File your proof of claim in RegSol (regsol.be), yourself with eID or itsme, or through your lawyer. State principal, interest and costs separately, and any preferential right you hold.
- Reclaim goods you delivered under retention of title before the first report on the verification of claims.
- Ask your accountant about the VAT on the unpaid invoices. In a bankruptcy it can be recovered, subject to conditions.
- Follow the file in RegSol. The verification report (admitted or disputed) and the trustee's reports appear there.
These deadlines come from the publication of the judgment. Check them in RegSol before you file anything. Once a deadline has passed, it is too late for that step.
If this company owes you money, you are not paid automatically. You file your claim yourself, within the deadline the judgment sets.
Follow
Follow this bankruptcy and you are notified the next morning if it is closed or reversed.
This is general information, not legal advice. If in doubt, the trustee, your lawyer or your accountant can help.
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Overview
Official details
Source: KBO- Status
- Open bankruptcy registered since 14-05-2018
- Legal form
- Private limited company
- Activity
- “Toutes activités généralement quelconques de développement,programmation et conseils informatiques,traitement de données,hébergement et activités connexes,consultance,assistance…” (deed in French)From the articles, 6 activitiesNo NACE code in the KBO yet
- Establishment unit
- 2.277.205.751 1000 Brussel, since 14-05-2018
- Financial year end
- 31 December
- Peppol
- Not found in the Peppol Directory
Financial position
No score
Annual accounts 2021
- Gross margin
- -€5,925
- Loss
- €3.9m
- Equity
- -€2.2m
- Total assets
- €4.8m
- ▼ 11.2%
- Employees on 31-12-2021
- 1
Filed on 30-08-2022
Financials
Financials · financial year 2021, full format
2021 annual accounts filed 30 days after the deadline Filed on 30 August 2022, deadline 31 July 2022 (7 months after the close on 31 December 2021, Companies Code art. 3:10). Source: NBB, 2022-20363819.
Annual accounts 2021 filed on 30-08-2022 PDF all 3 filings
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
-€3.9m
2020 · €118,608
Working capital
€4.1m▲ 149%
2020 · €1.6m
Trend over the years
2019 to 2021, 3 financial years
The operating result for 2021 is a loss of €3.6m, after a profit of €119,865 in 2020. It is the lowest result since 2019.
Operating result-€3.6m
2021
Net result-€3.9m
2021
Total assets€4.8m
2021
Equity-€2.2m
2021
Debt€7.1m
2021
Working capital€4.1m
2021
Staff (FTE)1
2021
Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.
Assets, equity and debt per financial year.
Above zero, the company can pay its short-term debts with what it holds in the short term.
Average staff per financial year, in full-time equivalents (FTE).
Use the arrow keys on the chart for the figures per year.
Every figure with its change against the financial year before
favourable
unfavourable
Line201920202021
Operating result-€0.9m-€0.1m-€3.6m
Net result-€0.9m-€0.1m-€3.9m
Equity€1.6m-€1.7m▲ 7.4%-€2.2m
Total assets€2.6m-€5.4m▲ 111%€4.8m▼ 11.2%
Debt€1.0m-€3.7m▲ 279%€7.1m▲ 89.7%
Working capital€0.1m-€1.6m▲ 15×€4.1m▲ 149%
Staff (FTE)2.5-1.3▼ 48.0%1▼ 23.1%
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €4.8m
Fixed assets
€98,888 ▼ 97.2%
Current assets
€4.7m ▲ 155%
Equity and liabilities
Equity-€2.2m
Debt€7.1m
Equity is negative. Debt (€7.1m) exceeds the balance-sheet total (€4.8m).
Key figures and ratios
EBITDA
-€3.6m▼
2020 · €793,408
Cash flow
-€3.9m▼
2020 · €792,151
Solvency
-46.2%▼
2020 · 31.6%
Current ratio
7.49▼
2020 · 8.94
ROA
-81.7%▼
2020 · 2.2%
Interest coverage
-9.86
Debt ≤ 1 year
€631,112▲
2020 · €207,361
Debt > 1 year
€6.4m▲
2020 · €3.5m
Income taxes
€0▼
2020 · €0
Staff costs
€62,345
Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Staff
| Item | 31-12-2021 |
|---|---|
| Employees at the balance-sheet date | 1 |
| full-time | 1 |
| part-time | 0 |
| in full-time equivalents | 1 |
| Average over the year, in full-time equivalents | 1 |
| On a permanent contract | 1 |
Source: social balance sheet in the 2021 annual accounts
Investments
| Item | 2021 |
|---|---|
| Tangible fixed assets | €15,280 |
| Depreciation and write-downs of the year | €24,579 |
Source: notes to the 2021 annual accounts (statement of fixed assets)
Annual accounts
| Line | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|
| Non-recurring operating income76A | - | - | €0.002m | - |
| Remuneration, social security and pensions62 | - | - | €0.06m | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €0.3m | €0.7m | €0.02m | ▼ 96.4% |
| Other operating charges640/8 | - | - | €0.001m | - |
| Non-recurring operating charges66A | - | - | €3.5m | - |
| Gross operating margin9900 | -€0.4m | €0.9m | -€0.006m | - |
| Operating profit (loss)9901 | -€0.9m | €0.1m | -€3.6m | - |
| Financial income75/76B | - | - | €0.001m | - |
| Recurring financial income75 | €11 | €10 | €0.001m | ▲ 82× |
| Financial charges65/66B | - | - | €0.4m | - |
| Recurring financial charges65 | €308 | €0.001m | €0.4m | ▲ 285× |
| Profit (loss) for the period before taxes9903 | -€0.9m | €0.1m | -€3.9m | - |
| Income taxes67/77 | €3 | €0 | €0 | ▼ 100% |
| Profit (loss) for the period9904 | -€0.9m | €0.1m | -€3.9m | - |
| Profit (loss) for the period to be appropriated9905 | -€0.9m | €0.1m | -€3.9m | - |
| Line | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €2.6m | €5.4m | €4.8m | ▼ 11.2% |
| Formation expenses20 | - | €0.001m | €0 | ▼ 100% |
| Fixed assets21/28 | €2.3m | €3.6m | €0.1m | ▼ 97.2% |
| Intangible fixed assets21 | €2.2m | €3.5m | €0 | ▼ 100% |
| Tangible fixed assets22/27 | €0.1m | €0.1m | €0.1m | ▼ 7.5% |
| Furniture and vehicles24 | - | - | €0.03m | - |
| Other tangible fixed assets26 | - | - | €0.07m | - |
| Financial fixed assets28 | €0.001m | €0.001m | €0.001m | = |
| Current assets29/58 | €0.3m | €1.9m | €4.7m | ▲ 155% |
| Amounts receivable within one year40/41 | €0.1m | €1.7m | €4.7m | ▲ 185% |
| Trade receivables40 | - | - | €4.7m | - |
| Other amounts receivable41 | - | - | €0.03m | - |
| Cash at bank and in hand54/58 | €0.2m | €0.2m | €0.004m | ▼ 98.1% |
| Deferred charges and accrued income490/1 | - | - | €0.006m | - |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €2.6m | €5.4m | €4.8m | ▼ 11.2% |
| Equity10/15 | €1.6m | €1.7m | -€2.2m | - |
| Contributions10/11 | €2.5m | - | €2.5m | - |
| Profit (loss) carried forward14 | -€0.9m | -€0.8m | -€4.7m | ▼ 523% |
| Amounts payable17/49 | €1.0m | €3.7m | €7.1m | ▲ 89.7% |
| Amounts payable after more than one year17 | €0.8m | €3.5m | €6.4m | ▲ 82.4% |
| Financial debts170/4 | - | - | €6.4m | - |
| Amounts payable within one year42/48 | €0.2m | €0.2m | €0.6m | ▲ 204% |
| Financial debts43 | - | - | €0.006m | - |
| Credit institutions430/8 | - | - | €0.006m | - |
| Trade debts44 | €0.2m | €0.2m | €0.3m | ▲ 27.4% |
| Suppliers440/4 | - | - | €0.3m | - |
| Taxes, remuneration and social security45 | - | - | €0.02m | - |
| Taxes450/3 | - | - | €0.002m | - |
| Remuneration and social security454/9 | - | - | €0.01m | - |
| Other amounts payable47/48 | - | - | €0.4m | - |
| Accrued charges and deferred income492/3 | - | - | €0.07m | - |
| Line | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | -€0.9m | €0.1m | -€3.9m | - |
| + Depreciation and write-downs630 | €0.3m | €0.7m | €0.02m | ▼ 96.4% |
| Operating cash flow (approximation) | -€0.6m | €0.8m | -€3.9m | - |
| Investment in fixed assets (approximation) | - | -€2.0m | €3.5m | - |
| Change in cash | - | €0.02m | -€0.2m | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Board & ownership
Directors
Directors
1 director, last change in 2022
ZALUTSKAYA Volha
Current
Director · appointed in the act of 07-09-2022 · term without a fixed end
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Trustee | Anne-Laure Philippe Chaussee De Waterloo 880, 1000 Bruxelles |
17-12-2025 → present |
Owners and capital
Capital transactions
Capital over time
- 07-09-2022 Converted to available equity
Mandate history
4 people, 1 in office
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| ZALUTSKAYA Volha |
|
| ALTEMENT Anton |
|
| DICKINSON Jérôme Charles |
|
| HARDY Mathieu |
|
Articles of association
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- “Article 10, assemblée générale fixe nombre,durée,et pouvoirs si pluralité”
Articles of association, deed of 07-09-2022 (in French)
Network & group
ScryptCube Mining shares no director with another company.
Companies at the same address
305 other companies- ROOFBAR Registered office · since 2026 1043902221
- Galesloot, Ralph (sole trader) Establishment · since 2026 1043486210
- Negocios Inteligentes 7Experience Registered office · since 2026 1042954886
- EIT Water Association Branch · since 2026 1044029212
- ECONOMIC SECURITY FORUM AB Establishment · since 2026 1035789952
- International Alliance for Industry Research and Innovation INNEXA Registered office · since 2026 1040868990
- RESOLVE CENTER Registered office · since 2026 1034940114
- CAXACO Registered office · since 2026 1039322534
- World AIOT Innovation Alliance Registered office · since 2026 1039321049
- WCS Insurance Europe Registered office · since 2026 1039051330
Connections & network
1 current directorThe network starts from the directors of ScryptCube Mining. Every other company they run is a node.
This company
Company
Director
Shareholding
+N: links not shown yet
Click a node to look further, drag to arrange, zoom with the mouse wheel.
Timeline
Acts, filings and financial milestones
2025
31-12
Bankruptcy
Bankruptcy declared
French-language Enterprise Court of Brussels · judgment of 17-12-2025
2022
07-09
Gazette deed
Company renamed from Polybius Fintech to ScryptCube MiningResignations: HARDY Mathieu, DICKINSON Jérôme Charles and ALTEMENT Anton · Appointment: ZALUTSKAYA Volha (director) · Capital conversion13 points ▸
Gazette deed
Company renamed from Polybius Fintech to ScryptCube Mining
Resignations: HARDY Mathieu, DICKINSON Jérôme Charles and ALTEMENT Anton · Appointment: ZALUTSKAYA Volha (director) · Capital conversion13 points ▸
- General meeting, 31-08-2022
- Capital conversion, “compte de capitaux propres disponible” (deed in French)
- Name change, ScryptCube Mining
- Director resignation, HARDY Mathieu (director)
- Director resignation, DICKINSON Jérôme Charles (director)
- Director resignation, ALTEMENT Anton (director)
- Director appointment, ZALUTSKAYA Volha (director)
- Other provision, “SIXIEME RESOLUTION: Procuration pour la coordination” (deed in French)
- Other provision, “SEPTIEME RESOLUTION: Pouvoirs à l'organe d'administration” (deed in French)
- Other provision, “Extrait délivré avant enregistrement, article 173, 1° bis du Code des Droits d'Enregistrement” (deed in French)
- Director discharge, administrateurs sortant, mentioned 2 times in the deed
- Amendment of the articles
- The act holds 1 more point.
30-08
full format · 30 days late
2021
31-12
Financial
Weakest financial yearnet -€3.9m
The net result drops to -€3.9m, the lowest from 2019 to 2021.
30-11
full format · 122 days late
2020
31-12
Financial
Back to profitnet €118,608
The net result is €118,608, after one loss-making year.
31-12
Financial
Liquidity more than 5 timescurrent ratio 8.94
The current ratio rises from 1.57 to 8.94.
25-11
full format · 117 days late
2018
16-05
7 publications in the Belgian Official Gazette, the last on 07-09-2022
SignalFinancial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Opening faillissement
- Last annual accounts
- financial year to 31 December 2021
- Legal form
- Private limited company
- Active since
- 14 May 2018
Register details
Identity
Name
ScryptCube Mining in French
Former name
Polybius Fintech until 31-08-2022 · act of 07-09-2022
Enterprise number
0695.912.840
Entity type
Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 07-09-2022 (in French)Registered office and establishments
Establishment unit
Polybius Fintech, Antwerpselaan 40, 1000 Brussel since 14-05-2018 · unit number 2.277.205.75162100 Computer programming
Activities
PurposeThe purpose describes the activities the company may carry out under its articles.
deed of 07-09-2022 (in French)
“Toutes activités généralement quelconques de développement,programmation et conseils informatiques,traitement de données,hébergement et…”
6 activities
- Toutes activités généralement quelconques de développement,programmation et conseils informatiques,traitement de données,hébergement et activités connexes,consultance,assistance et services aux entreprises
- Fourniture de tout service de paiement et opérations de change de devises
- Prestation des services de paiement conformément aux lois belges du 11 mars 2018 relatives au statut et au contrôle des établissements de paiement et des établissements de monnaie électronique,à l'accès à l'activité de prestataire de services de paiement,et à l'activité d'émission électronique,et à l'accès aux systèmes de paiement
- Réalisation,tant en Belgique qu'à l'étranger,de toutes opérations généralement quelconques nécessaires à titre d'accessoire ou de préliminaire aux activités susvisées et,plus généralement,effectuer toutes opérations commerciales,industrielles,mobilières ou immobilières,y compris conclusion contrats d'emploi ou de bail,se rattachant directement ou indirectement à l'objet et susceptibles d'en faciliter développement ou réalisation
- Donner caution tant pour engagements propres que tiers,entre autres en donnant biens en hypothèque ou en gage,y compris propre fonds de commerce
- Accomplir toutes opérations généralement quelconques se rapportant directement ou indirectement à son objet ou favorisant développement de son entreprise
Invoicing and payment
VAT number
BE 0695.912.840
Financial year and general meeting
Accounts at the NBBFinancial year end
31-12
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
“TITRE V. ASSEMBLEE GENERALE Article 16. Date assemblée générale - Organisation et convocation Il est tenu chaque année, au siège de la…”
deed of 07-09-2022 (in French)Sites & property
Location
Buildings and parcels at the addresses
Ground area
3,965 m²
Building footprint
3,915 m²
Building volume
98,623 m³
Tallest building: 35.3 m.
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 21804D1424/00E002 | Brussels | 3,406 m² | 1 · 3,354 m² | 35.3 m · 9 |
| 21812N1440/00E000 | Brussels | 559 m² | 1 · 561 m² | 20.8 m · 6 |
1 of these parcels carries protected heritage. Expect extra rules on renovation or sale.