Equity
-€10,032
Debts exceed assets in financial year 2025.
Slimcube
Lifetime
10 annual accounts with figures on one time axispeak €10,062 (2016)
-€4,092▼ €665
lowest -€13,429 (2017)
-€5,056▼ €521
peak €13,453 (2016)
-€10,032▼ €5,056
€67,571▲ 10.7%
peak 0.4 FTE (2017)
-not published
Board4 names since 2017
1 directorGENOV Georgi Panayotov
Documentsfilings and deeds
27-08-202627 days late
2025micro format
Gross margin from -€3,427 to -€4,092Loss of €5,056Equity from -€4,975 to -€10,032
Key points
from the 2025 annual accountsLosses
-€9,592 in two years
The 2024 and 2025 financial years closed with a loss. 2025 was the heaviest.
Debts
€67,571 117% of the balance sheet
Financial debts 6%Suppliers 21%Taxes and wages 2%Other 71%
Of this, €63,274 falls due within a year.
2025 accounts filed 27 days after the deadlineTurnover not published (micro format)
Checked score
51
Fair
Financially stronger than 9% of micro companies in repair of computers and personal goods (NACE 95)
Probability in this band: 1.5% to 4.2%
Bankruptcy probability within 12 months
2.0% Moderate
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.5% across 5,139 companies (NACE 95, micro).
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 1.2%
01-2025: 1.1%▼ -0.1 percentage points vs 12-2024lowest value
02-2025: 1.1%● unchanged vs 01-2025
03-2025: 1.2%▲ +0.1 percentage points vs 02-2025
04-2025: 1.2%● unchanged vs 03-2025
05-2025: 1.2%● unchanged vs 04-2025
06-2025: 1.1%▼ -0.1 percentage points vs 05-2025
07-2025: 1.3%▲ +0.2 percentage points vs 06-2025
08-2025: 1.7%▲ +0.4 percentage points vs 07-2025
09-2025: 2.4%▲ +0.7 percentage points vs 08-2025
10-2025: 2.4%● unchanged vs 09-2025
11-2025: 2.4%● unchanged vs 10-2025
12-2025: 2.4%● unchanged vs 11-2025
01-2026: 2.4%● unchanged vs 12-2025
02-2026: 2.4%● unchanged vs 01-2026
03-2026: 2.4%● unchanged vs 02-2026
04-2026: 2.4%● unchanged vs 03-2026
05-2026: 2.3%▼ -0.1 percentage points vs 04-2026
06-2026: 2.3%● unchanged vs 05-2026
07-2026: 2.4%▲ +0.1 percentage points vs 06-2026
08-2026: 3.0%▲ +0.6 percentage points vs 07-2026highest value
09-2026: 2.1%▼ -0.9 percentage points vs 08-2026
10-2026: 2.0%▼ -0.1 percentage points vs 09-2026
11-2026: 2.0%● unchanged vs 10-2026
Financial strengthWeak
Score breakdown
raises risk
Loss of €5,056, the second in a row (financial year 2025)
Negative equity -€10,032
Sector: Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles (NACE 95)
lowers risk
Size: total assets €57,539
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 95, micro). It does better than 13% of them on solvency, 3% on liquidity, 16% on profitability and 5% on growth.
The bankruptcy probability was computed on 10-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the moderate class on 30-06-2025, 2.4% went bankrupt within twelve months.
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).
Comparable companies, two years later
In July 2024, 2,333 companies had the same profile as Slimcube has now. Each dot stands for 6 companies, two years later.
90.6%
were still trading
5.8%
stopped another way
2.8%
went bankrupt
Another 0.8% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of Slimcube itself: 2.0% within 12 months.
Test of the method
The method was tested on the 497,448 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 2,333 companies, not a prediction for Slimcube. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
No credit on open account
Liquidity is insufficient, with a current ratio of 0.91 (1.16 in 2024), below 1. Short-term debt is 110% and cash 1.2% of total assets. Equity is negative.
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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 · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year -€10,032
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 · 10 filingsDeviation from the deadline
2025
27 days late
2024
29 days late
2023
on the day
2022
on the day
2021
4 days early
2020
1 day early
2019
91 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 20 days after the deadline. In the sector (NACE 95), the median for financial year 2024 was on the deadline day, and 47% 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. The company usually files around 1 August (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
11-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Company renamed from MG 88 to Slimcube
Resignation: GENOV Georgi Panayotov (manager) · Reappointment: GENOV Georgi Panayotov (director) · “herschreven tekst van artikel 3” (deed in Dutch) · General meeting of 05-10-2022 · Gazette deed
First establishment
Gerststraat 21, Hamont-Achel
New manager
Genov Georgi appointed, Nikolova Tatiana resigned · Director discharge: Nikolova Tatiana · General meeting of 30-04-2019 · Gazette deed
Registered office moved within Hamont-Achel
New registered office: Gerststraat 21, 3930 Hamont-Achel · Previous registered office: Kolleberglaan 63, 3930 Hamont-Achel · Appointment: Nikolova Tatiana (manager) · General meeting of 31-01-2019 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| Slimcube Hamont-Achel | €57,539 | -€4,092 | -17.4% | - |
| CCS Hechtel-Eksel | €52,927 | €524 | 81.9% | - |
| AUTO 6 Antwerp | €65,481 | -€3,143 | 47.8% | - |
| BATU GROUP Ghent | €47,616 | -€16,340 | 20.1% | - |
| LSA enterprise Maaseik | €31,854 | €950 | -135.9% | - |
| LA MEDITERRANEA Manage | €70,918 | €166 | -28.0% | - |
| OPTION OMEGA Bierbeek | €71,230 | -€736 | 14.7% | - |
These companies have the same main activity as Slimcube: general maintenance and repair of cars and light vans (up to 3.5 tonnes) (NACE 95311). They are comparable in size and age: total assets between €31,900 and €71,200, founded between 2010 and 2019.
Official details
Source: KBO- Status
- Active since 21-10-2015Normal situation
- Activity
- General maintenance and repair of cars and light vans (up to 3.5 tonnes)NACE 95311and 4 others
- Establishment unit
- 2.323.072.9923930 Hamont-Achel, since 17-10-2021
- Financial year end
- 31 December
- Peppol
- Not found in the Peppol Directory
Insights on Slimcube
Slimcube files the micro format. That format states no turnover. The gross margin fell from €10,062 in 2016 to -€4,092 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about Slimcube
- What is the company number of Slimcube?
- The company number of Slimcube is 0641.758.532. The VAT number is the same number with BE in front: BE 0641.758.532.
- Where is Slimcube based?
- The registered office is at Gerststraat 21, 3930 Hamont-Achel.Company details
- What does Slimcube do?
- According to the KBO register, the main activity is general maintenance and repair of cars and light vans (up to 3.5 tonnes) (NACE 95311).
- What is the legal form of Slimcube?
- Slimcube is a private limited company (BV).
- When was Slimcube founded?
- Slimcube was founded on 21-10-2015.
- Is Slimcube still active?
- Yes, Slimcube is an active enterprise in the KBO register.
- What is the turnover of Slimcube?
- The annual accounts for financial year 2025 state no turnover. The micro format does not require it.Financials
- Is Slimcube profitable?
- In financial year 2025, Slimcube made a loss of €5,056.
- Where can I find the annual accounts of Slimcube?
- Slimcube filed 10 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of Slimcube due?
- Slimcube must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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