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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Busy address KBO
44 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
Cubigo International from Hasselt, company number BE0838815319, closed financial year 2025 with a result of € 87,881 after tax. For that financial year Cubigo International recorded a gross margin of € 4.2 million and equity of € 7.7 million. Compared with financial year 2024, the result moved from € 490,363 to € 87,881. The company is profitable. 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 June 29, 2026.
€ 7.7 million
▲ 1% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 87,881
▼ 82% vs 2024
Profit after tax over the fiscal year.
€ 198,019
▼ 70% 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 € 547,893.
People and assets in 2025
22.6
▲ 0.7 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 1.9 million
▲ 13% vs 2024
€ 86,000 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.
€ 22,933
▲ 36% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 1.8 million
▼ 14% vs 2024
€ 357,748 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 205,838
▼ 87% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 210,165
▲ 19% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 2,882,106 | € 2,513,476 | € 3,833,670 | € 4,189,717 | ▲ 9% |
| Profit after taxes | € 273,987 | € -559,029 | € 490,363 | € 87,881 | ▼ 82% |
| Equity | € 5,955,367 | € 5,396,338 | € 7,571,317 | € 7,659,198 | ▲ 1% |
| Total debts | € 2,953,586 | € 4,371,393 | € 4,370,093 | € 4,327,850 | ▼ 1% |
| Cash | € 108,032 | € 355,254 | € 669,007 | € 198,019 | ▼ 70% |
| Retained profit | € 528,678 | € -30,352 | € 460,012 | € 547,893 | ▲ 19% |
| Bank debt | € 2,475,701 | € 3,401,849 | € 2,050,369 | € 1,771,908 | ▼ 14% |
| Balance sheet total | € 8,908,953 | € 9,767,731 | € 11,941,410 | € 11,987,049 | |
| Employees (FTE) | 18.5 | 20.5 | 21.9 | 22.6 | ▲ 0.7 |
Key figures of Cubigo International, 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 Cubigo International?
What happened at Cubigo International in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Stan De Schepper stepped down as director. NBB
- VF Capital NV stepped down as director. NBB
- Dirk Beeusaert stepped down as director. NBB
- Asconit BV stepped down as director. NBB
- Limburgse Reconversie Maatschappij NV stepped down as director. NBB
- Ewout Cassee stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 87,881 (▼ 82% vs 2024). Source: NBB ↗
- Stan De Schepper became a director. NBB
In short
From € 273,987 profit in 2022 to € 87,881 profit in 2025.
Best year ever: 2024, with € 490,363 profit.
On average € 185,400 of value added per employee in 2025.
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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
The stake of LIMBURGSE RECONVERSIE MAATSCHAPPIJ, Asconit comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
Cubigo InternationalThe shares are held by LIMBURGSE RECONVERSIE MAATSCHAPPIJ (11%) and Asconit (6.7%). It owns 100% of Cubigo INC itself.
Directors
According to the 2025 annual accounts
Stan De Schepper
Director
since 2025 · until 2031
Director · represented by Bert Vandeurzen
Also active at: FM-A INVEST, Smile Invest, Smile Invest Management Company, MEIDAO, miVXBuilding
since 2025 · until 2031
since 2025 · until 2031
Managing director · represented by Geert Houben
since 2025 · until 2031
Limburgse Reconversie Maatschappij NV
Director · represented by Dries Evens
Also active at: H.W.P., Corda Campus, MIJNSCHADE EN BEMALING LIMBURGS MIJNGEBIED, be-DIVE, LRM Lease, RMW, CORDA CAMPUS 2.0, Mobietrain +33 more
since 2025 · until 2031
Ewout Cassee
Director
since 2025 · until 2031
Shareholders
Participations
Cubigo INC
100%
Establishments
Establishment units
Physical locations of this company
Kempische steenweg 303 box 103
3500 Hasselt
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 44 companies are registered at this address.
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€ 3.2 million gross margin · 2025
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€ 996,048 gross margin · 2025
Quinta Essentia Software Development
€ 238,478 gross margin · 2024
BCT
€ 213,880 gross margin · 2024
+39 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Certifications & Partners
Hosting & Email
Email provider
Google Workspace
Hosting
CLOUDFLARESPECTRUM Cloudflare, Inc., US
Domain
Domain
cubigo.com
Registered
2009-03-16
Registrar
Key-Systems GmbH
Expires
2027-03-16
Website info
Features
Security
Details
- Company number
- 0838.815.319
- VAT number
- BE 0838.815.319
- Registered office
- Kempische steenweg 303 bus 103, 3500 Hasselt
- Names & denominations
- Cubigo International · Cubigo
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 26 August 2011
- Peppol
- Active · Active since 24 Sept 2025
- Contact
- cubigo.com [email protected] +3211369610
- Activities · NACE
Activiteiten op het gebied van computerconsultancy en beheer van computerfaciliteiten
Computerconsultancy-activiteiten
Ontwerpen van computerprogramma’s
Groothandel in informatie- en communicatieapparatuur
Groothandel in andere kantoormachines en kantoorbenodigdheden, met uitzondering van computers en randapparatuur
Ontwerpen en programmeren van computerprogramma's