Financials
Financial year 2025
QUBO from Hamme (Vl.), company number BE0444600389, closed financial year 2025 with a result of € 2 million after tax. For that financial year QUBO recorded revenue of € 13.7 million and equity of € 23.2 million. Compared with financial year 2024, the result moved from € 1.6 million to € 2 million. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on May 29, 2026.
€ 23.2 million
▲ 9% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 2 million
▲ 27% vs 2024
Profit after tax over the fiscal year.
€ 1.8 million
▲ 104% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 100,000 paid out
5 % of the profit went to the shareholders, mostly to TRAVAUX (100 % of the shares). That is where the money ends up.
People and assets in 2025
37.6
▼ 1.4 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 2.6 million
▲ 4% vs 2024
€ 69,500 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 285,396
▼ 31% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 243,721
▼ 50% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 10 days on average.
€ 669,937
▲ 18% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 16,082,437 | € 14,901,258 | € 14,422,624 | € 13,690,130 | ▼ 5% |
| Profit after taxes | € 3,561,828 | € 2,150,079 | € 1,573,011 | € 2,002,987 | ▲ 27% |
| Equity | € 17,583,353 | € 19,729,390 | € 21,298,359 | € 23,199,219 | ▲ 9% |
| Total debts | € 2,848,334 | € 2,203,026 | € 2,087,678 | € 2,050,933 | ▼ 2% |
| Cash | € 2,250,415 | € 964,656 | € 892,518 | € 1,824,352 | ▲ 104% |
| Land & buildings | € 908,506 | € 790,238 | € 925,519 | € 1,026,216 | ▲ 11% |
| Retained profit | € 17,275,670 | € 19,425,749 | € 20,998,760 | € 22,901,746 | ▲ 9% |
| Dividend | € 1,000,000 | € 0 | € 0 | € 100,000 | |
| Balance sheet total | € 20,459,095 | € 21,948,817 | € 23,391,431 | € 25,250,151 | ▲ 8% |
| Employees (FTE) | 41.9 | 41.2 | 39 | 37.6 | ▼ 1.4 |
Key figures of QUBO, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to QUBO?
What happened at QUBO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Travaux BV stepped down as director. NBB
- Albert De Malsche stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 2 million (▲ 27% vs 2024). Source: NBB ↗
- Travaux BV became a director. NBB
- Albert De Malsche became a director. NBB
- New establishment in Hamme (Vl.). KBO
- Start of the company according to the CBE. KBO
In short
From € 3.6 million profit in 2022 to € 2 million profit in 2025.
Paid € 3.5 million in corporate taxes since 2022.
Best year ever: 2022, with € 3.6 million profit.
Paid out € 1.1 million in dividends to the owners in total.
Management
The stake of TRAVAUX comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
QUBOThe shares are held by TRAVAUX (100%).
Directors
According to the 2025 annual accounts
since 2023 · until 2029
Albert De Malsche
Managing director
Also active at: Verhuringen De Malsche, BOUW- EN IMMOCENTER, Kerkwijck, AGROS
since 2023 · until 2029
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Zwaarveld 69
9220 Hamme (Vl.)
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0444.600.389
- VAT number
- BE 0444.600.389
- Registered office
- Zwaarveld 69, 9220 Hamme (Vl.)
- Names & denominations
- QUBO
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 14 July 1991
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
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