Sigma Cubed
ActiveSummary
Sigma Cubed has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2,000 and a net result of €147,051. Equity is shrinking by ~58.9% per year across the filed fiscal years. Its solvency ranks better than 10% of 17601 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability100=
Solvency26=
Growth58=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
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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 →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
1.2%
Return on assets
85.8%
Age of the figures
15 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 10% of 17601 sector peers (2025).
NBB · sector comparisonPosition among 17601 sector peers
Solvency
better than 10%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 15-12-2025, 47 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
47 d early
2024
46 d early
2023
51 d early
2022
49 d early
2021
52 d early
2020
47 d early
2019
45 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 48 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 (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today. Usually files around 13 December (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
30-06-2026 close01-10-2026 today31-01-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Turnover
€0
2022 · €0
Total assets
€171,393▲ 1.2%
2024 · €169,337
Net result
€147,051▼ 4.1%
2024 · €153,352
Working capital
€311
2024 · -€545
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 62, Computer programming, consultancy and related activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Turnover€0€0€0
Operating result€158,766▲ 13.3%€178,414▲ 12.4%€194,107▲ 8.8%€199,325▲ 2.7%€189,981▼ 4.7%
Net result€122,956above the sector's middle half▲ 14.6%€136,714above the sector's middle half▲ 11.2%€149,088above the sector's middle half▲ 9.1%€153,352above the sector's middle half▲ 2.9%€147,051above the sector's middle half▼ 4.1%
Equity€21,453below the sector's middle half▼ 92.3%€21,453below the sector's middle half=€2,000below the sector's middle half▼ 90.7%€2,000below the sector's middle half=€2,000below the sector's middle half=
Total assets€417,380above the sector's middle half▲ 31.0%€174,090within the sector's middle half▼ 58.3%€167,269within the sector's middle half▼ 3.9%€169,337within the sector's middle half▲ 1.2%€171,393within the sector's middle half▲ 1.2%
Debt€395,926▲ 863%€152,637▼ 61.4%€165,269▲ 8.3%€167,337▲ 1.3%€169,393▲ 1.2%
Working capital€18,070within the sector's middle half▼ 93.4%€16,708within the sector's middle half▼ 7.5%-€2,332below the sector's middle half-€545below the sector's middle half▲ 76.7%€311below the sector's middle half
Solvency5.1%below the sector's middle half▼ 82.0pp12.3%below the sector's middle half▲ 7.2pp1.2%below the sector's middle half▼ 11.1pp1.2%below the sector's middle half=1.2%below the sector's middle half=
Current ratio1.05below the sector's middle half▼ 6.581.11below the sector's middle half▲ 0.060.99below the sector's middle half▼ 0.121.00below the sector's middle half▲ 0.011.00below the sector's middle half▲ 0.01
Return on assets (ROA)29.5%above the sector's middle half▼ 4.2pp78.5%above the sector's middle half▲ 49.1pp89.1%above the sector's middle half▲ 10.6pp90.6%above the sector's middle half▲ 1.4pp85.8%above the sector's middle half▼ 4.8pp
above
within
below
the middle half (P25 to P75) of NACE 62, Computer programming, consultancy and related activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 5% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €171,393
Fixed assets
€1,689 ▼ 33.6%
Current assets
€169,704 ▲ 1.7%
Equity and liabilities €171,393
Equity
€2,000 =
Debt
€169,393 ▲ 1.2%
Debt's share of the balance-sheet total stays at 98.8%.
Key figures and ratios
EBITDA
€190,837▼
2024 · €201,112
Cash flow
€147,906▼
2024 · €155,140
Debt to equity
84.70▲
2024 · 83.67
Interest coverage
1997.87▼
2024 · 2101.27
Debt ≤ 1 year
€169,393▲
2024 · €167,337
Income taxes
€43,430▼
2024 · €45,926
A ratio outside any meaningful range has been withheld (balance sheet total €171,393, equity €2,000).
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 2,153 companies that looked in July 2024 the way this one looks now, 1.7% went bankrupt within 24 months and 96% are still going.
- Micro
- 5 to 10 years old
- solvency under 10%
- a profit of 5% of the balance sheet or more
1.7%
went bankrupt
2.2%
stopped otherwise
96%
still going
For this company itself Checked computes a bankruptcy probability of 0.4% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,341 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 2,153 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €0 | €0 | - | - | €0 | - |
| Goods, raw materials, services and sundry goods60/61 | - | €0 | - | - | €0 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,934 | €2,165 | €2,997 | €1,788 | €856 | ▼ 52.1% |
| Other operating charges640/8 | - | €348 | €384 | €387 | €400 | ▲ 3.2% |
| Gross operating margin9900 | €161,048 | €180,926 | €197,488 | €201,500 | €191,236 | ▼ 5.1% |
| Operating profit (loss)9901 | €158,766 | €178,414 | €194,107 | €199,325 | €189,981 | ▼ 4.7% |
| Financial income75/76B | - | €0 | - | €49 | €595 | ▲ 1,116% |
| Recurring financial income75 | €3 | €0 | - | €49 | €595 | ▲ 1,116% |
| Financial charges65/66B | - | €89 | €96 | €96 | €96 | ▼ 0.2% |
| Recurring financial charges65 | €65 | €89 | €96 | €96 | €96 | ▼ 0.2% |
| Profit (loss) for the period before taxes9903 | €158,704 | €178,325 | €194,011 | €199,278 | €190,481 | ▼ 4.4% |
| Income taxes67/77 | €35,748 | €41,611 | €44,923 | €45,926 | €43,430 | ▼ 5.4% |
| Profit (loss) for the period9904 | €122,956 | €136,714 | €149,088 | €153,352 | €147,051 | ▼ 4.1% |
| Profit (loss) for the period to be appropriated9905 | €122,956 | €136,714 | €149,088 | €153,352 | €147,051 | ▼ 4.1% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €417,380 | €174,090 | €167,269 | €169,337 | €171,393 | ▲ 1.2% |
| Formation expenses20 | €452 | €113 | €0 | €0 | - | - |
| Fixed assets21/28 | €2,931 | €4,632 | €4,332 | €2,545 | €1,689 | ▼ 33.6% |
| Tangible fixed assets22/27 | €2,431 | €4,132 | €3,632 | €1,845 | €989 | ▼ 46.4% |
| Furniture and vehicles24 | - | €4,132 | €3,632 | €1,845 | €989 | ▼ 46.4% |
| Financial fixed assets28 | €500 | €500 | €700 | €700 | €700 | = |
| Current assets29/58 | €413,997 | €169,346 | €162,937 | €166,792 | €169,704 | ▲ 1.7% |
| Amounts receivable within one year40/41 | €41,926 | €54,553 | €49,972 | €52,318 | €56,745 | ▲ 8.5% |
| Trade receivables40 | - | €54,553 | €49,972 | €47,876 | €49,997 | ▲ 4.4% |
| Other amounts receivable41 | - | €0 | €0 | €4,442 | €6,748 | ▲ 51.9% |
| Cash at bank and in hand54/58 | €371,705 | €114,489 | €112,671 | €114,142 | €112,638 | ▼ 1.3% |
| Deferred charges and accrued income490/1 | - | €304 | €293 | €333 | €322 | ▼ 3.3% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €417,380 | €174,090 | €167,269 | €169,337 | €171,393 | ▲ 1.2% |
| Equity10/15 | €21,453 | €21,453 | €2,000 | €2,000 | €2,000 | = |
| Contributions10/11 | - | €18,600 | €2,000 | €2,000 | €2,000 | = |
| Reserves13 | €1,860 | €1,860 | €0 | - | - | - |
| Non-distributable reserves130/1 | - | €1,860 | €0 | - | - | - |
| Reserves not available under the articles1311 | - | €1,860 | €0 | - | - | - |
| Distributable reserves133 | - | - | €0 | - | - | - |
| Profit (loss) carried forward14 | €993 | €993 | €0 | - | - | - |
| Amounts payable17/49 | €395,926 | €152,637 | €165,269 | €167,337 | €169,393 | ▲ 1.2% |
| Amounts payable within one year42/48 | €395,926 | €152,637 | €165,269 | €167,337 | €169,393 | ▲ 1.2% |
| Trade debts44 | €1,486 | €1,119 | €953 | €870 | €665 | ▼ 23.6% |
| Suppliers440/4 | - | €1,119 | €953 | €870 | €665 | ▼ 23.6% |
| Taxes, remuneration and social security45 | - | €14,596 | €15,020 | €12,907 | €21,469 | ▲ 66.3% |
| Taxes450/3 | - | €11,846 | €12,270 | €10,157 | €18,719 | ▲ 84.3% |
| Remuneration and social security454/9 | - | €2,750 | €2,750 | €2,750 | €2,750 | = |
| Other amounts payable47/48 | - | €136,922 | €149,296 | €153,560 | €147,259 | ▼ 4.1% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €122,956 | €136,714 | €149,088 | €153,352 | €147,051 | ▼ 4.1% |
| + Depreciation and write-downs630 | €1,934 | €2,165 | €2,997 | €1,788 | €856 | ▼ 52.1% |
| Operating cash flow (approximation) | €124,890 | €138,879 | €152,085 | €155,140 | €147,906 | ▼ 4.7% |
| Investment in fixed assets (approximation) | - | -€3,865 | -€2,697 | €0 | €0 | - |
| Change in cash | - | -€257,217 | -€1,817 | €1,471 | -€1,504 | ▼ 202% |
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
Next filing, fiscal year 2026, expected by
2025
15-12
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2024
16-12
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
30-06
Financial
Highest result since 2019net €153,352 ▲2.9%
Operating result €199,325, net result €153,352, both a record.
2023
11-12
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2022
13-12
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2021
10-12
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2020
15-12
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
30-06
Financial
Weakest financial yearnet €107,262 ▼2.3%
Net result drops to €107,262, the lowest in the series; recovery starts the following year.
30-06
Financial
Equity above €200,000Eq €277,498 ▲63%
2 profitable years in a row build equity to €277,498.
2019
17-12
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
26-12
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 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
No directors read yet: 0 of 2 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Watermaal-Bosvoorde · 1 establishment unit since 2017
Ground area
109 m²
Building footprint
65 m²
Volume, LiDAR
566 m³
Parcel 21017D0135/00R003, Brussels · tallest building 11.9 m, ±3 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
Sigma Cubed
since 20172.270.016.170
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21017D0135/00R003 | Brussels | 109 m² | 1 · 65 m² | 11.9 m · 3 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 16,913 companies in this sector we hold annual accounts for 8,787. 1,606 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company details
Identification
Legal formPrivate limited company
Founded07-11-2017
Fiscal year end30-06
Activities, NACEBEL 2025
62100Computer programming
43211General electrical installation work
62900Other information technology and computer services
62200Computer consultancy and computer facilities management
70200Business and other management consultancy
E-invoicing
Reachable via Peppol
Peppol ID
0208:0684451695
Also
9925:BE0684451695
Registered
21-11-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.