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THE CUBE

Active
Private limited companyfounded 201115 yrs activeSteenweg op Leuven 1188, 1200 Sint-Lambrechts-Woluwe, BelgiumKBO/BCE: BE 0836.712.595
Summary

THE CUBE has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €1.2m and a net result of €272,940. Equity is growing by ~63.8% per year across the filed fiscal years. Its solvency ranks better than 47% of 9733 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.6% (low).

Overview

Activity
Renting and operating of own or leased residential real estate, excluding social housing
NACE 68201
1 site
Size
€4.1mtotal assets 2024
Equity
€1.2m
Profit
€272,940
Financial health
82 Excellent Checked score 2024
Bankruptcy chance 12 m
0.6%
Structure
Parent
TERRA FECUNDA · 100%
Auditor: KPMG Bedrijfsrevisoren BVAccounts 66 d overdue1 of 7 deeds read
Why 82- Figures for FY 2024 (filed 29-07-2025)- Liquidity: current ratio 0.89, cash €156,881+ Size: total assets €4.1m+ Sector Real estate activities (NACE 68)Show the evidence

Checked score

Score 2024
82 / 100
Excellent
Probability in this band: under 0.55%
Better than 59% of its sector peers (NACE 68, small)
Performance against the sector, not lower risk
Financial strength · tick = 2023
Average
Solvency 53+3
equity 28.0% of total assets
Liquidity 18-28
short-term debt 69.1% · cash 3.8%
Profitability 77+11
return on assets 6.6%
Bankruptcy probability, 12 months
0.6% Low
0%0.5%1.5%4%10%≥ 25%

About 6 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (6,963 companies)
Last 24 months 11-2024: 0.1% 12-2024: 0.1%▲ +2.3% vs 11-2024 01-2025: 0.1%● 0.0% vs 12-2024 02-2025: 0.1%▼ -3.4% vs 01-2025 03-2025: 0.1%▲ +22.1% vs 02-2025 04-2025: 0.1%▲ +12.4% vs 03-2025 05-2025: 0.1%▲ +4.2% vs 04-2025 06-2025: 0.1%▲ +17.9% vs 05-2025 07-2025: 0.2%▲ +46.2% vs 06-2025 08-2025: < 0.1%▼ -78.8% vs 07-2025lowest value 09-2025: < 0.1%● 0.0% vs 08-2025lowest value 10-2025: < 0.1%● 0.0% vs 09-2025lowest value 11-2025: < 0.1%● 0.0% vs 10-2025lowest value 12-2025: < 0.1%● 0.0% vs 11-2025lowest value 01-2026: < 0.1%● 0.0% vs 12-2025lowest value 02-2026: < 0.1%● 0.0% vs 01-2026lowest value 03-2026: < 0.1%▲ +2.2% vs 02-2026 04-2026: < 0.1%▲ +6.5% vs 03-2026 05-2026: 0.1%▲ +8.2% vs 04-2026 06-2026: 0.1%▲ +35.8% vs 05-2026 07-2026: 0.1%▲ +34.7% vs 06-2026 08-2026: 0.3%▲ +160% vs 07-2026 09-2026: 0.3%▲ +31.0% vs 08-2026 10-2026: 0.6%▲ +68.8% vs 09-2026highest value
  • Figures for FY 2024 (filed 29-07-2025) raises the probability
  • Size: total assets €4.1m lowers the probability for this profile
  • Liquidity: current ratio 0.89, cash €156,881 raises the probability
  • Sector Real estate activities (NACE 68) lowers the probability
Credit up to €95,000 at 30 days acceptable
Liquidity short (current ratio 0.89 against 2.37 in 2023; short-term debt: 69.1% and cash: 3.8% of total assets), and 72% of the assets are financed with debt.
How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

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%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 68, small). Better than this share of them on solvency 48%, liquidity 14%, profitability 87%, growth against the median 86%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 04-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Figures for FY 2024 (filed 29-07-2025)
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
lowers risk · Size: total assets €4.1m
In the bankruptcy model this factor lowers the probability for this profile.
NBB · annual accounts
raises risk · Liquidity: current ratio 0.89, cash €156,881
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
lowers risk · Sector Real estate activities (NACE 68)
In the bankruptcy model this factor lowers the probability.
KBO
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 25-07-2025, 6 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
6 d early
2023
30 d early
2022
3 d early
2021
3 d early
2020
8 d early
2019
42 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 1 day before the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 36% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage
  1. Reappointment: KPMG Bedrijfsrevisoren BV (statutory auditor)State Gazette act
  2. Annual accounts filedfiscal year 2024 · abbreviated…
  3. Equity above €1mEq €1.2m ▲30.8%

Key points

  • Caution: Accounts not fileddeadline was 31-07-2026 66 d late View
  • Positive: Among the best 13% on net resultsector median €13,319 · 9,728 companies €272,940 View
  • Controlled by TERRA FECUNDA 100% View
  • Positive: 7 profitable years in a rowprofit 2024: €272,940 7 years View
  • Positive: Equity rose in 2024from €886,930 to €1.2m ▲ 30.8% View

By topic

Financials

Fiscal year
2024
Total assets
€4.1m
Profit
€272,940
Solvency
28.0%
Turnover▼ 43.8%
Net result
20212023
Go to Financials

Timeline

Events
17
Since
2016
  1. 09-06-2026Reappointment: KPMG Bedrijfsrevisoren BV (statutory auditor)
  2. 25-07-2025Annual accounts filed
  3. 31-12-2024Equity above €1m
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Renting and operating of own or leased residential…NACE 68201
Founded
01-06-2011
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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