Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Negative equity NBB
More debt than assets in 3 of the last 3 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 37 % of short-term debt in 2023; threshold 65 %.
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Annual account missing NBB
Fiscal year 2024 was expected before 31 July 2025 and has not been filed.
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Busy address KBO
42 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2023
M-Cube Belgium from Anderlecht, company number BE0628915435, closed financial year 2023 with a result of € 160,484 after tax. For that financial year M-Cube Belgium recorded a gross margin of € 3.3 million and equity of € -94,731. Compared with financial year 2022, the result moved from € 61,427 to € 160,484. Profitable, and profit is growing. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 10, 2024.
€ -94,731
▲ € 160,484 vs 2022
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 160,484
▲ 161% vs 2022
Profit after tax over the fiscal year.
€ 51,087
▲ 88% vs 2022
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2023. Retained profit grew to € -113,281.
People and assets in 2023
25.8
▼ 2.1 vs 2022
Average over the fiscal year, from the social balance sheet.
€ 1.9 million
€ 72,800 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.
€ 921,088
▼ 11% vs 2022
Of which on lease € 65,437.
Debts at end 2023
€ 336,141
▼ 25% vs 2022
€ 194,462 is repaid this year. At this pace the long-term loan is gone in ≈ 1 years.
€ 863,536
▼ 34% vs 2022
Supplier invoices still open on the last day of the fiscal year.
€ 747,094
▲ 42% vs 2022
Taxes, VAT and social contributions still to pay.
| 2021 | 2022 | 2023 | Change 2022 → 2023 | |
|---|---|---|---|---|
| Gross margin | € 2,229,755 | € 3,016,875 | € 3,325,657 | ▲ 10% |
| Profit after taxes | € -276,886 | € 61,427 | € 160,484 | ▲ 161% |
| Equity | € -316,642 | € -255,215 | € -94,731 | ▲ € 160,484 |
| Total debts | € 3,347,151 | € 3,670,810 | € 4,293,331 | ▲ 17% |
| Cash | € 61,398 | € 27,192 | € 51,087 | ▲ 88% |
| Retained profit | € -335,192 | € -273,765 | € -113,281 | ▲ € 160,484 |
| Bank debt | € 622,407 | € 445,786 | € 336,141 | ▼ 25% |
| Balance sheet total | € 3,030,509 | € 3,415,595 | € 4,198,600 | ▲ 23% |
| Employees (FTE) | 20.9 | 27.9 | 25.8 | ▼ 2.1 |
Key figures of M-Cube Belgium, fiscal years 2021 to 2023, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2024 has not been filed yet; it was expected before 31 July 2025.
What happened to M-Cube Belgium?
What happened at M-Cube Belgium in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2023: profit of € 160,484 (▲ 161% vs 2022). Source: NBB ↗
- Storever SA became a director. NBB
- New establishment in Anderlecht. KBO
- Start of the company according to the CBE. KBO
In short
From € 276,886 loss in 2021 to € 160,484 profit in 2023.
Paid € 153,948 in corporate taxes since 2021.
Best year ever: 2023, with € 160,484 profit.
On average € 128,900 of value added per employee in 2023.
Management
Behind M-Cube Belgium is Storever SA. The shares are held by M-Cube France SAS S. Etr. (99.9%) and Storever SA (0.1%).
Directors
According to the 2023 annual accounts
Director · represented by Manlio ROMANELLI
since 2017
Shareholders
0.1%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Internationalelaan 55
1070 Anderlecht
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 42 companies are registered at this address.
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€ 4.3 million revenue · 2025
SGS Statutory Services Belgium
€ 15.3 million revenue · 2025
ANSELL HEALTHCARE EUROPE
€ 472.7 million revenue · 2025
Hansgrohe
€ 39.1 million revenue · 2025
MSC CRUISES BELGIUM
€ 3.7 million gross margin · 2025
+37 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0628.915.435
- VAT number
- BE 0628.915.435
- Registered office
- Internationalelaan 55, 1070 Anderlecht
- Names & denominations
- M-Cube Belgium
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 27 April 2015
- Peppol
- Active · Active since 29 Nov 2025
- Activities · NACE
Productie van video en film, muv bioscoop- en televisiefilms
Literaire creatie
Scheppende kunsten, m.u.v. ondersteunende diensten
Maken van geluidsopnamen
Productie van televisiefilms
Reproductie van opgenomen media