WHITECUBE
ActiveSummary
WHITECUBE has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €23,142 and a net result of €21,155. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 23% of 17123 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability96▲+23
Solvency49▲+22
Growth52▲+20
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1,500 at 30 days acceptable
Liquidity tight (current ratio 1.03 against 0.6 in 2024; short-term debt: 76% and cash: 55.1% of total assets), and 76.5% of the assets are financed with debt.
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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 · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 23% of 17123 sector peers (2025).
NBB · sector comparisonPosition among 17123 sector peers
Solvency
better than 23%
← 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 30-01-2026, 1 day ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
1 d early
2024
2 d late
2023
1 d early
2022
106 d early
2021
1 d late
2020
on the day
2019
74 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 26 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.
Companies Code · seven monthsPosition in the running window
30-06-2026 close26-09-2026 today31-01-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€21,155▲ 642%
2024 · €2,851
Working capital
€2,306
2024 · -€36,226
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€39,436€25,119▼ 36.3%-€70,683€2,742€24,619▲ 798%
Net result€38,833€23,121▼ 40.5%-€71,004€2,851€21,155▲ 642%
Equity€47,019▲ 474%€70,141▲ 49.2%-€864€1,987€23,142▲ 1,065%
Total assets€125,269▲ 70.7%€156,269▲ 24.7%€141,844▼ 9.2%€93,508▼ 34.1%€98,412▲ 5.2%
Debt€78,250▲ 20.0%€86,129▲ 10.1%€142,708▲ 65.7%€91,521▼ 35.9%€75,270▼ 17.8%
Working capital-€18,772▼ 335%€13,607-€33,564-€36,226▼ 7.9%€2,306
Staff (FTE)3.9▲ 21.9%4▲ 2.6%4.8▲ 20.0%5▲ 4.2%4▼ 20.0%
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 798% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €98,412
Fixed assets
€21,336 ▼ 44.2%
Current assets
€77,076 ▲ 39.4%
Equity and liabilities €98,412
Equity
€23,142 ▲ 1,065%
Debt
€75,270 ▼ 17.8%
Debt's share of the balance-sheet total falls from 97.9% to 76.5%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€46,326▲
2024 · €25,022
Cash flow
€42,861▲
2024 · €25,132
Current ratio
1.03▲
2024 · 0.60
Debt to equity
3.25▼
2024 · 46.05
ROE
91.4%▼
2024 · 143.5%
ROA
21.5%▲
2024 · 3.0%
Interest coverage
12.80▼
2024 · 72.26
Debt ≤ 1 year
€74,770▼
2024 · €91,521
Staff costs
€198,975▼
2024 · €231,100
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €181,996 | €192,908 | €231,100 | €198,975 | ▼ 13.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €17,585 | €21,001 | €22,008 | €22,281 | €21,707 | ▼ 2.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | - | €560 | - |
| Other operating charges640/8 | - | €500 | €286 | €69 | €3,271 | ▲ 4,620% |
| Gross operating margin9900 | €194,349 | €228,616 | €144,519 | €256,191 | €249,131 | ▼ 2.8% |
| Operating profit (loss)9901 | €39,436 | €25,119 | -€70,683 | €2,742 | €24,619 | ▲ 798% |
| Financial income75/76B | - | €88 | - | €462 | €156 | ▼ 66.2% |
| Recurring financial income75 | - | €88 | - | €462 | €156 | ▼ 66.2% |
| Financial charges65/66B | - | €363 | €322 | €346 | €3,621 | ▲ 945% |
| Recurring financial charges65 | €390 | €363 | €322 | €346 | €3,621 | ▲ 945% |
| Profit (loss) for the period before taxes9903 | €38,833 | €24,844 | -€71,004 | €2,857 | €21,155 | ▲ 640% |
| Income taxes67/77 | - | €1,723 | - | €6 | - | - |
| Profit (loss) for the period9904 | €38,833 | €23,121 | -€71,004 | €2,851 | €21,155 | ▲ 642% |
| Profit (loss) for the period to be appropriated9905 | €38,833 | €23,121 | -€71,004 | €2,851 | €21,155 | ▲ 642% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €125,269 | €156,269 | €141,844 | €93,508 | €98,412 | ▲ 5.2% |
| Fixed assets21/28 | €65,791 | €62,502 | €40,494 | €38,214 | €21,336 | ▼ 44.2% |
| Intangible fixed assets21 | €52,638 | €48,079 | €32,769 | €35,465 | €16,156 | ▼ 54.4% |
| Tangible fixed assets22/27 | €12,153 | €13,423 | €6,725 | €1,748 | €4,180 | ▲ 139% |
| Furniture and vehicles24 | - | €13,423 | €6,725 | €1,748 | €4,180 | ▲ 139% |
| Financial fixed assets28 | €1,000 | €1,000 | €1,000 | €1,000 | €1,000 | = |
| Current assets29/58 | €59,478 | €93,767 | €101,350 | €55,295 | €77,076 | ▲ 39.4% |
| Stocks and contracts in progress3 | €1,150 | - | - | - | - | - |
| Amounts receivable within one year40/41 | €25,520 | €85,447 | €81,344 | €12,320 | €15,095 | ▲ 22.5% |
| Trade receivables40 | - | €84,290 | €76,384 | €5,076 | €15,056 | ▲ 197% |
| Other amounts receivable41 | - | €1,157 | €4,960 | €7,244 | €39 | ▼ 99.5% |
| Cash at bank and in hand54/58 | €32,808 | €8,141 | €16,608 | €9,031 | €54,181 | ▲ 500% |
| Deferred charges and accrued income490/1 | - | €179 | €3,398 | €33,944 | €7,800 | ▼ 77.0% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €125,269 | €156,269 | €141,844 | €93,508 | €98,412 | ▲ 5.2% |
| Equity10/15 | €47,019 | €70,141 | -€864 | €1,987 | €23,142 | ▲ 1,065% |
| Contributions10/11 | - | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €28,419 | €51,541 | €504 | €504 | €4,542 | ▲ 800% |
| Non-distributable reserves130/1 | - | €504 | €504 | €504 | €504 | = |
| Reserves not available under the articles1311 | - | €504 | €504 | €504 | €504 | = |
| Distributable reserves133 | - | €51,036 | - | - | €4,037 | - |
| Profit (loss) carried forward14 | -€5,312 | - | -€19,968 | -€17,117 | - | - |
| Amounts payable17/49 | €78,250 | €86,129 | €142,708 | €91,521 | €75,270 | ▼ 17.8% |
| Amounts payable within one year42/48 | €78,250 | €80,160 | €134,914 | €91,521 | €74,770 | ▼ 18.3% |
| Current portion of amounts payable after more than one year42 | - | €167 | - | - | - | - |
| Trade debts44 | €21,447 | €8,142 | €32,735 | €12,874 | €15,890 | ▲ 23.4% |
| Suppliers440/4 | - | €8,142 | €32,735 | €12,874 | €15,890 | ▲ 23.4% |
| Taxes, remuneration and social security45 | - | €45,671 | €65,209 | €41,963 | €30,958 | ▼ 26.2% |
| Taxes450/3 | - | €25,534 | €26,909 | €13,728 | €30,958 | ▲ 126% |
| Remuneration and social security454/9 | - | €20,137 | €38,300 | €28,235 | - | - |
| Other amounts payable47/48 | - | €26,181 | €36,969 | €36,684 | €27,921 | ▼ 23.9% |
| Accrued charges and deferred income492/3 | - | €5,969 | €7,794 | - | €500 | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €38,833 | €23,121 | -€71,004 | €2,851 | €21,155 | ▲ 642% |
| + Depreciation and write-downs630 | €17,585 | €21,001 | €22,008 | €22,281 | €21,707 | ▼ 2.6% |
| Operating cash flow (approximation) | €56,418 | €44,122 | -€48,996 | €25,132 | €42,861 | ▲ 70.5% |
| Investment in fixed assets (approximation) | - | -€17,712 | €0 | -€20,000 | -€4,829 | ▲ 75.9% |
| Change in cash | - | -€24,667 | €8,467 | -€7,577 | €45,150 | ▲ 696% |
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
2026
30-01
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
02-02
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 2 days late
2024
30-06
Financial
Back to profitnet €2,851
Net result €2,851 after one loss-making year.
30-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-06
Financial
Weakest financial yearnet -€71,004
Net result drops to -€71,004, the lowest in the series; recovery starts the following year.
2022
17-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
01-02
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 1 day late
2021
30-06
Financial
Back to profitnet €38,833
Net result €38,833 after one loss-making year.
31-01
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2019
18-11
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
14-06
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 134 days late
2018
02-05
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 91 days late
2017
07-03
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 35 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 9 acts read
About the unread acts
We know of 9 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
9 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Gouvy · 1 establishment unit since 2015
Ground area
1,338 m²
Building footprint
290 m²
Volume, LiDAR
2,383 m³
2 parcels, Wallonia · tallest building 17.5 m, ±5 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
Whitecube
since 20152.244.673.337
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62805D0040/00Z004 | Wallonia | 766 m² | 1 · 152 m² | 17.5 m · 5 fl. |
| 82008D1029/00F000 | Wallonia | 572 m² | 1 · 137 m² | - |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 30,002 companies in sector 62200 we hold annual accounts for 18,394. 13,551 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded21-06-2010
Fiscal year end30-06
Activities, NACEBEL 2025
62100Computer programming
62200Computer consultancy and computer facilities management
93299Other amusement and recreation activities
96999Other personal services
Contact
Website
www.whitecube.be
E-mail
hello@whitecube.be
Scores and ratios are computed by Checked and are not a credit decision.