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 20 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
KUBAR from Middelkerke, company number BE0786718696, closed financial year 2025 with a result of € 43,404 after tax. For that financial year KUBAR recorded a gross margin of € 80,829 and equity of € 165,246. Compared with financial year 2024, the result moved from € 44,693 to € 43,404. The company is profitable. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on June 23, 2026.
€ 165,246
▲ 36% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 43,404
▼ 3% vs 2024
Profit after tax over the fiscal year.
€ 14,002
▲ 48% 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 € 163,246.
People and assets in 2025
€ 1,684
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 189,082
▼ 17% vs 2024
€ 60,736 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 230
▼ 98% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 11,660
▼ 1% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|
| Gross margin | € 110,615 | € 80,276 | € 80,829 | ▲ 1% |
| Profit after taxes | € 75,149 | € 44,693 | € 43,404 | ▼ 3% |
| Equity | € 77,149 | € 121,842 | € 165,246 | ▲ 36% |
| Total debts | € 368,968 | € 369,124 | € 328,085 | ▼ 11% |
| Cash | € 8,743 | € 9,450 | € 14,002 | ▲ 48% |
| Land & buildings | € 387,348 | € 432,201 | € 442,784 | ▲ 2% |
| Retained profit | € 75,149 | € 119,842 | € 163,246 | ▲ 36% |
| Bank debt | € 230,951 | € 227,763 | € 189,082 | ▼ 17% |
| Balance sheet total | € 446,117 | € 490,966 | € 493,331 |
Key figures of KUBAR, fiscal years 2023 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 KUBAR?
What happened at KUBAR in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 43,404 (▼ 3% vs 2024). Source: NBB ↗
- New establishment in Middelkerke. KBO
- Bart De Schaepmeester became a director. NBB
- Kurt Wante became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 75,149 profit in 2023 to € 43,404 profit in 2025.
Paid € 34,174 in corporate taxes since 2023.
Best year ever: 2023, with € 75,149 profit.
A new publication or filing at KUBAR? 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 KUBAR are Bart De Schaepmeester and Kurt Wante. The same people are also behind Youpower and ELON. Bart De Schaepmeester is also behind BDS Technics. Kurt Wante is also behind KWANTE.
Establishments
Establishment units
Physical locations of this company
Alexandre Ponchonstraat 12 box 401
8430 Middelkerke
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
- 0786.718.696
- VAT number
- BE 0786.718.696
- Registered office
- Alexandre Ponchonstraat 12 bus 401, 8430 Middelkerke
- Names & denominations
- KUBAR
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 1 June 2022
- Peppol
- Active · Active since 10 Jan 2026
- Activities · NACE
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