Bankrupt · Opening faillissement (CBE)
CUBETA GROUP logo

CUBETA GROUP

BE0744925059

Rechtspersoon Private limited company 1 establishment

CUBETA GROUP is an architecture firm in Boussu. Private Limited, started on 10 March 2020, 1 establishment.

Rue de la Fontaine(H) 110, 7301 Boussu cubeta.be 065334921 [email protected]

Behind the company: Thimotée Cubeta.

Start date

10 March 2020

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

  • Negative equity NBB

    More debt than assets in 1 of the last 3 fiscal years.

  • Tight liquidity NBB

    Cash and receivables cover 51 % of short-term debt in 2023; threshold 65 %.

  • 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.

What it is worth Caution

€ -94,165

▼ € 146,439 vs 2022

Assets minus debts, by the books. What is left if everything were sold and paid today.

Loss Caution

€ -146,439

▼ still € 38,034 profit in 2022

Profit after tax over the fiscal year.

Cash in the bank

€ 6,959

▼ 38% vs 2022

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € -99,165.

People and assets in 2023

Full-time equivalents estimate

≈ 1

No payroll staff. One director, so that person most likely runs the business.

Wage cost

€ 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.

Vehicles and equipment

€ 290

▼ 95% vs 2022

Book value of vehicles, furniture and equipment.

Debts at end 2023

Bank debt ≈ 14 years to go

€ 161,442

▼ 4% vs 2022

€ 11,245 is repaid this year. At this pace the long-term loan is gone in ≈ 14 years.

Owed to suppliers

€ 45,427

▼ 34% vs 2022

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 129,825

▲ € 98,844 vs 2022

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
202120222023Change 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

Thimotée Cubeta
CUBETA GROUP

Behind CUBETA GROUP is Thimotée Cubeta.

Directors

According to the 2023 annual accounts

Thimotée Cubeta

Director

Establishments

Establishment units

Physical locations of this company

Registered office

Rue de la Fontaine(H) 110

7301 Boussu

2.300.623.432

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
Activities · NACE

Activiteiten van interieurarchitecten

Frequently asked questions

What does CUBETA GROUP do?
CUBETA GROUP is an architecture firm in Boussu. Private Limited, started on 10 March 2020, 1 establishment.
What is the address of CUBETA GROUP?
The registered office of CUBETA GROUP is located at Rue de la Fontaine(H) 110, 7301 Boussu.
Is CUBETA GROUP still active?
No. The CBE lists CUBETA GROUP with legal situation “Opening faillissement”. The date of the court ruling is published in the Belgian Official Gazette; the register does not carry it.
Is CUBETA GROUP registered on Peppol?
No, CUBETA GROUP is currently not registered on the Peppol network.
What is the enterprise number of CUBETA GROUP?
The enterprise number of CUBETA GROUP is BE0744925059.
When was CUBETA GROUP founded?
CUBETA GROUP was founded on 10 March 2020.