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 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2023 and 2024.
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Tight liquidity NBB
Cash and receivables cover 53 % of short-term debt in 2024; threshold 65 %.
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Figures corrected NBB
Corrected annual account filed for 2024.
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Legal situation KBO
Opening faillissement according to the CBE.
Financials
Financial year 2024
CUBMET from Grimbergen, company number BE0744459558, closed financial year 2024 with a result of € -134,731 after tax. For that financial year CUBMET recorded a gross margin of € 208,725 and equity of € -351,621. Compared with financial year 2023, the result moved from € -80,706 to € -134,731. The company made a loss. 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 December 10, 2025.
€ -351,621
▼ € 134,731 vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -134,731
▼ 67 % more loss than in 2023
Profit after tax over the fiscal year.
€ 21,011
▼ 39% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -357,621.
People and assets in 2024
€ 280,197
▲ 28% vs 2023
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 34,678
▲ 37% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 24
▼ € 14,836 vs 2023
Loans from banks and other lenders, long and short.
€ 446,793
▲ 83% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 276,600
▲ 277% vs 2023
Taxes, VAT and social contributions still to pay.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 193,473 | € 149,202 | € 207,632 | € 208,725 | ▲ 1% |
| Profit after taxes | € -18,685 | € -173,739 | € -80,706 | € -134,731 | ▼ € 54,024 |
| Equity | € 37,555 | € -136,184 | € -216,890 | € -351,621 | ▼ € 134,731 |
| Total debts | € 218,268 | € 456,140 | € 515,319 | € 946,041 | ▲ 84% |
| Cash | € 40,817 | € 20,577 | € 34,692 | € 21,011 | ▼ 39% |
| Retained profit | € 31,555 | € -142,184 | € -222,890 | € -357,621 | ▼ € 134,731 |
| Bank debt | € 48,560 | € 36,690 | € 14,860 | € 24 | ▼ € 14,836 |
| Balance sheet total | € 255,823 | € 319,956 | € 298,429 | € 594,420 | ▲ 99% |
Key figures of CUBMET, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to CUBMET?
What happened at CUBMET in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
CUBMET is active according to the CBE. Legal situation: Opening faillissement.
- Corrected annual accounts filed for financial year 2024. filed late Source: NBB ↗
- New establishment in Grimbergen. KBO
- Ahmet Çubuk became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 18,685 loss in 2021 to € 134,731 loss in 2024.
A new publication or filing at CUBMET? 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
Directors
According to the 2024 annual accounts
Ahmet Çubuk
Managing director
since 2020
Establishments
Establishment units
Physical locations of this company
Westvaartdijk 61
1850 Grimbergen
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
- 0744.459.558
- VAT number
- BE 0744.459.558
- Registered office
- Westvaartdijk 61, 1850 Grimbergen
- Names & denominations
- CUBMET
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Opening faillissement
- Start date
- 26 February 2020
- Peppol
- Active · Active since 13 Feb 2026
- Activities · NACE
Personenvervoer over de weg zonder dienstregeling
Overig personenvervoer te land, n.e.g.
Handelsbemiddeling in de groothandel in andere specifieke goederen
Goederenvervoer over de weg
Algemeen onderhoud en reparatie van auto's en lichte bestelwagens (<= 3,5 ton)
Detailhandel in auto's en lichte bestelwagens (<= 3,5 ton)
Reparatie en montage van specifieke auto-onderdelen
Detailhandel in auto's en lichte bestelwagens (= 3,5 ton)
+2