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 1 of the last 3 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 51 % of short-term debt in 2023; threshold 65 %.
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Legal situation KBO
Opening faillissement according to the CBE.
Financials
Financial year 2023
CUBETA GROUP from Boussu, company number BE0744925059, closed financial year 2023 with a result of € -146,439 after tax. For that financial year CUBETA GROUP recorded a gross margin of € 212,459 and equity of € -94,165. Compared with financial year 2022, the result moved from € 38,034 to € -146,439. 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 June 30, 2024.
€ -94,165
▼ € 146,439 vs 2022
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -146,439
▼ still € 38,034 profit in 2022
Profit after tax over the fiscal year.
€ 6,959
▼ 38% vs 2022
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -99,165.
People and assets in 2023
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 320,460
▼ 10% vs 2022
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 290
▼ 95% vs 2022
Book value of vehicles, furniture and equipment.
Debts at end 2023
€ 161,442
▼ 4% vs 2022
€ 11,245 is repaid this year. At this pace the long-term loan is gone in ≈ 14 years.
€ 45,427
▼ 34% vs 2022
Supplier invoices still open on the last day of the fiscal year.
€ 129,825
▲ € 98,844 vs 2022
Taxes, VAT and social contributions still to pay.
| 2021 | 2022 | 2023 | Change 2022 → 2023 | |
|---|---|---|---|---|
| Gross margin | € 196,225 | € 428,118 | € 212,459 | ▼ 50% |
| Profit after taxes | € -3,059 | € 38,034 | € -146,439 | ▼ € 184,473 |
| Equity | € 15,040 | € 52,274 | € -94,165 | ▼ € 146,439 |
| Total debts | € 84,441 | € 269,393 | € 336,695 | ▲ 25% |
| Cash | € 28,733 | € 11,282 | € 6,959 | ▼ 38% |
| Retained profit | € 10,040 | € 47,274 | € -99,165 | ▼ € 146,439 |
| Dividend | € 800 | € 800 | € 0 | ▼ 100% |
| Bank debt | € 6,477 | € 168,968 | € 161,442 | ▼ 4% |
| Balance sheet total | € 99,481 | € 321,667 | € 242,530 | ▼ 25% |
Key figures of CUBETA GROUP, 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 CUBETA GROUP?
What happened at CUBETA GROUP in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
CUBETA GROUP is active according to the CBE. Legal situation: Opening faillissement.
- New annual accounts for financial year 2023: loss of € 146,439 (▼ € 184,473 vs 2022). Source: NBB ↗
- New establishment in Saint-Ghislain. KBO
- Start of the company according to the CBE. KBO
In short
From € 3,059 loss in 2021 to € 146,439 loss in 2023.
Paid € 790 in corporate taxes since 2021.
Best year ever: 2022, with € 38,034 profit.
Paid out € 1,600 in dividends to the owners in total.
Management
Behind CUBETA GROUP is Thimotée Cubeta.
Directors
According to the 2023 annual accounts
Thimotée Cubeta
Director
Establishments
Establishment units
Physical locations of this company
Rue de la Fontaine(H) 110
7301 Boussu
Rue d'Ath(SG) 4
7330 Saint-Ghislain
Active since 10 March 2020
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
- 0744.925.059
- VAT number
- BE 0744.925.059
- Registered office
- Rue de la Fontaine(H) 110, 7301 Boussu
- Names & denominations
- CUBETA GROUP
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Opening faillissement
- Start date
- 10 March 2020
- Peppol
- Not registered
- Contact
- cubeta.be [email protected] 065334921
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