Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 61 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Kubika Cars from Houthalen-Helchteren, company number BE0643870360, closed financial year 2025 with a result of € 581,332 after tax. For that financial year Kubika Cars recorded revenue of € 19.4 million and equity of € 2.8 million. Compared with financial year 2024, the result moved from € 302,403 to € 581,332. 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 August 31, 2026.
€ 2.8 million
▲ 26% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 581,332
▲ 92% vs 2024
Profit after tax over the fiscal year.
€ 640,438
▲ 44% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 2.8 million.
People and assets in 2025
7.2
▼ 0.8 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 429,537
▼ 4% vs 2024
€ 59,700 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.
€ 260,456
▲ 30% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 3.5 million
▼ 5% vs 2024
€ 303,741 is repaid this year. At this pace the long-term loan is gone in ≈ 8 years.
€ 438,634
▼ 40% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 9 days on average.
€ 97,615
▼ 36% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | - | - | € 17,123,184 | € 19,435,304 | ▲ 14% |
| Gross margin | € 1,015,454 | € 928,238 | - | - | |
| Profit after taxes | € 438,838 | € 248,300 | € 302,403 | € 581,332 | ▲ 92% |
| Equity | € 1,672,956 | € 1,921,256 | € 2,223,659 | € 2,804,990 | ▲ 26% |
| Total debts | € 4,186,667 | € 4,995,820 | € 5,374,474 | € 4,200,014 | ▼ 22% |
| Cash | € 294,706 | € 540,696 | € 443,930 | € 640,438 | ▲ 44% |
| Land & buildings | € 1,757,876 | € 2,510,267 | € 2,454,432 | € 2,219,043 | ▼ 10% |
| Retained profit | € 1,654,356 | € 1,902,656 | € 2,205,059 | € 2,786,390 | ▲ 26% |
| Bank debt | € 3,004,719 | € 3,834,557 | € 3,639,816 | € 3,451,151 | ▼ 5% |
| Balance sheet total | € 5,859,623 | € 6,917,076 | € 7,598,132 | € 7,005,004 | ▼ 8% |
| Employees (FTE) | - | - | 8 | 7.2 | ▼ 0.8 |
Key figures of Kubika Cars, 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 Kubika Cars?
What happened at Kubika Cars in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 581,332 (▲ 92% vs 2024). filed late Source: NBB ↗
- KADIR ERCIYAS became a director. NBB
- New establishment in Houthalen-Helchteren. KBO
- Start of the company according to the CBE. KBO
- BILAL ERCIYAS became a director. NBB
- KÜRSAT ERCIYAS became a director. NBB
In short
From € 438,838 profit in 2022 to € 581,332 profit in 2025.
Paid € 479,744 in corporate taxes since 2022.
Best year ever: 2025, with € 581,332 profit.
Pays suppliers within 9 days on average.
A new publication or filing at Kubika Cars? We notify you, reason included.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind Kubika Cars are BILAL ERCIYAS, KADIR ERCIYAS and KÜRSAT ERCIYAS. It owns 100% of Carrosserie Kubika and 100% of Cris.Cars itself.
Directors
According to the 2025 annual accounts
since 2015
KADIR ERCIYAS
Director
since 2017
KÜRSAT ERCIYAS
Director
since 2015
Establishments
Establishment units
Physical locations of this company
Weg naar Zwartberg 83
3530 Houthalen-Helchteren
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0643.870.360
- VAT number
- BE 0643.870.360
- Registered office
- Weg naar Zwartberg 83, 3530 Houthalen-Helchteren
- Names & denominations
- Kubika Cars
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 4 December 2015
- Peppol
- Active · Active since 5 Dec 2024
- Activities · NACE
Detailhandel in auto's en lichte bestelwagens (<= 3,5 ton)
Detailhandel in auto's en lichte bestelwagens (= 3,5 ton)