ACTIVE

Cu.be Solutions

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Financial year 2025 · closed on 31/12/2025

Net result

-21,9 k €

-124.4% YoY

Gross margin

569,9 k €

-7.1% YoY

Equity

138,5 k €

-13.6% YoY

Workforce

6,1 ETP

What does Cu.be Solutions do?

Cu.be Solutions is a Private limited company incorporated in 2000. Its main activity is: Wholesale of information and communication equipment. Its registered office is in Zaventem. It employs on average 6,1 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0473.426.316

Incorporation

05/12/2000

Legal form

Private limited company

Registered office

Imperiastraat 6
1930 Zaventem · FlandreSee on map

Contributed capital

32 062,50 €

Latest accounts

31/12/2025

Average workforce

6,1 ETP

Activities (NACE)

46500Wholesale of information and communication equipment· main 46660Wholesale of other office machinery and equipment 51850Air transport 62020Computer consultancy activities 62200Computer programming, consultancy and related activities 47400Retail sale of information and communication equipment in specialised stores+5

Joint committees (1)

Signals

Good liquidityPositive cashflowPositive EBITDAHealthy social debts

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 20 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	569,9 k €	-7.1%	613,7 k €	+56.3%	392,7 k €	+18.3%	332 k €	+22.8%	270,4 k €	-15.8%	321,3 k €	+3.3%	310,9 k €	+15.0%	270,4 k €	+93.3%	139,9 k €	+29.6%	107,9 k €	+15.1%	93,7 k €	+16.4%	80,5 k €	+32.8%	60,6 k €	+50.3%	40,3 k €	+1844%	-2,3 k €	-255%	1,5 k €	-91.8%	18,2 k €	+88.9%	9,6 k €	-59.7%	23,9 k €	+2447%	-1 k €
EBITDA	46,9 k €	-74.1%	181,1 k €	+133%	77,7 k €	+1.3%	76,7 k €	+1160%	6,1 k €	-84.4%	39 k €	-36.5%	61,4 k €	+49.2%	41,1 k €	+128%	18 k €	+133%	7,7 k €	-63.6%	21,3 k €	-29.0%	30 k €	+1.6%	29,5 k €	-25.8%	39,7 k €	+1244%	-3,5 k €	-538%	792,9 €	-94.3%	13,9 k €	+52.5%	9,1 k €	-61.1%	23,4 k €	+2194%	-1,1 k €
Operating result	-8,2 k €	-106%	135,9 k €	+209%	44 k €	-9.6%	48,7 k €	+438%	-14,4 k €	-168%	21,1 k €	-51.3%	43,3 k €	+76.6%	24,5 k €	+1577%	1,5 k €	+114%	-10,2 k €	-173%	13,9 k €	-47.9%	26,7 k €	+1.4%	26,4 k €	-28.3%	36,8 k €	+576%	-7,7 k €	-123%	-3,5 k €	-146%	7,5 k €	+188%	2,6 k €	-85.3%	17,8 k €	+971%	-2 k €
Net result	-21,9 k €	-124%	89,8 k €	+345%	20,2 k €	-23.7%	26,5 k €	+209%	-24,2 k €	-651%	4,4 k €	-76.1%	18,3 k €	+197%	6,2 k €	+155%	-11,3 k €	+52.2%	-23,6 k €	-581%	4,9 k €	-57.4%	11,5 k €	-14.1%	13,4 k €	-54.9%	29,7 k €	+313%	-14 k €	-101%	-6,9 k €	-232%	5,3 k €	+294%	1,3 k €	-90.5%	14 k €	+342%	-5,8 k €
Balance sheet
Equity	138,5 k €	-13.6%	160,4 k €	+127%	70,6 k €	+40.0%	50,4 k €	+110%	24 k €	-50.2%	48,1 k €	+10.0%	43,7 k €	+72.1%	25,4 k €	+32.0%	19,2 k €	-36.9%	30,5 k €	-43.6%	54,1 k €	+10.0%	49,2 k €	+30.5%	37,7 k €	+55.2%	24,3 k €	+549%	-5,4 k €	-163%	8,6 k €	-44.8%	15,5 k €	+51.6%	10,2 k €	+15.0%	8,9 k €	+273%	-5,1 k €
Total assets	565,2 k €	-4.5%	592,1 k €	+15.8%	511,3 k €	+12.9%	452,8 k €	+3.7%	436,4 k €	+4.0%	419,8 k €	-1.0%	423,9 k €	-0.3%	425,4 k €	+10.7%	384,1 k €	-8.2%	418,3 k €	+203%	138,3 k €	-11.2%	155,6 k €	+42.6%	109,1 k €	-10.8%	122,4 k €	+262%	33,8 k €	-31.7%	49,5 k €	-17.0%	59,6 k €	+5.7%	56,4 k €	+7.4%	52,5 k €	+24.4%	42,2 k €
Cash	169,4 €	-99.8%	108,3 k €	+64117%	168,7 €	-98.6%	12,1 k €	-45.1%	22 k €	-47.9%	42,2 k €	+2505%	1,6 k €	-76.6%	6,9 k €	+124%	3,1 k €	-86.1%	22,1 k €	+561%	3,3 k €	-76.2%	14,1 k €	+37.2%	10,3 k €	+132%	4,4 k €	+98330%	4,5 €	-99.9%	5 k €	-65.8%	14,6 k €	+299%	3,7 k €	+187%	1,3 k €	+188%	442,4 €
Debts	347 k €	-19.2%	429,4 k €	-2.5%	440,4 k €	+9.6%	401,7 k €	-2.5%	412 k €	+10.9%	371,5 k €	-2.3%	380,1 k €	-5.0%	399,9 k €	+9.6%	364,8 k €	-5.9%	387,8 k €	+361%	84,1 k €	-20.9%	106,4 k €	+49.0%	71,4 k €	-27.2%	98,1 k €	+150%	39,2 k €	-4.2%	40,9 k €	-7.2%	44,1 k €	-4.5%	46,1 k €	+5.9%	43,6 k €	-7.9%	47,3 k €
Other
Workforce	6,1 ETP		–		–		–		–		–		–		–		–		–		1,7 ETP	+70.0%	1,0 ETP	+25.0%	0,8 ETP		–		–		–		0,1 ETP		–		–		–

Estimate

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 5 active · 3 ended

Active mandates

CREAFUND

Director · since 04 décembre 2025 · 0476.260.102

Represented by Ruth De Wulf

Active

CREAFUND ASSET MANAGEMENT

Director · since 04 décembre 2025 · 0679.859.835

Represented by Kenneth Depuydt

Active

GudiKo

Director · since 04 décembre 2025 · 0641.820.294

Represented by Koen Mortelmans

Active

Jan-Willem Callewaert

Director · since 04 décembre 2025

Active

StratiGen Consulting

Director · since 04 décembre 2025 · 1019.712.696

Represented by Jef Van Hyfte

Active

Ended mandates

Wim Godden

Director

Ended

Wim Godden

Manager

Ended

Wim Maria Godden

Director

Ended

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Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Micro model	Micro model	Micro model	Micro model	Micro model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	27/05/2026	31/07/2025	27/06/2024	24/07/2023	10/06/2022	17/05/2021
General meeting	08/05/2026	30/06/2025	31/05/2024	30/06/2023	13/05/2022	14/05/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	08/05/2026	27/05/2026	Dutch	PDF
Micro model	31/12/2024	30/06/2025	31/07/2025	Dutch	PDF
Micro model	31/12/2023	31/05/2024	27/06/2024	Dutch	PDF
Micro model	31/12/2022	30/06/2023	24/07/2023	Dutch	PDF
Micro model	31/12/2021	13/05/2022	10/06/2022	Dutch	PDF
Micro model	31/12/2020	14/05/2021	17/05/2021	Dutch	PDF
Micro model	31/12/2019	29/05/2020	30/06/2020	Dutch	PDF
Micro model	31/12/2018	28/06/2019	26/07/2019	Dutch	PDF
Micro model	31/12/2017	30/06/2018	19/12/2018	Dutch	PDF
Micro model	31/12/2016	24/06/2017	30/08/2017	Dutch	PDF
Abridged model	31/12/2015	25/06/2016	29/07/2016	Dutch	PDF
Abridged model	31/12/2014	27/06/2015	27/10/2015	Dutch	PDF
Abridged model	31/12/2013	28/06/2014	29/09/2014	Dutch	PDF
Abridged model	31/12/2012	14/11/2013	27/11/2013	Dutch	PDF
Abridged model	31/12/2011	30/06/2012	14/09/2012	Dutch	PDF
Abridged model	31/12/2010	25/06/2011	11/10/2011	Dutch	PDF
Abridged model	31/12/2009	26/06/2010	07/09/2010	Dutch	PDF
Abridged model	31/12/2008	27/06/2009	04/08/2009	Dutch	PDF
Abridged model	31/12/2007	28/06/2008	07/08/2008	Dutch	PDF
Abridged model	31/12/2006	30/06/2007	25/07/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 k€ and 500 k€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2025 · 5 active · 3 ended

Active mandates

CREAFUND

Director · since 04 décembre 2025 · 0476.260.102

Represented by Ruth De Wulf

Active

CREAFUND ASSET MANAGEMENT

Director · since 04 décembre 2025 · 0679.859.835

Represented by Kenneth Depuydt

Active

GudiKo

Director · since 04 décembre 2025 · 0641.820.294

Represented by Koen Mortelmans

Active

Jan-Willem Callewaert

Director · since 04 décembre 2025

Active

StratiGen Consulting

Director · since 04 décembre 2025 · 1019.712.696

Represented by Jef Van Hyfte

Active

Ended mandates

Wim Godden

Director

Ended

Wim Godden

Manager

Ended

Wim Maria Godden

Director

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates20/01/2026
ONTSLAGEN - BENOEMINGEN
PDF
Mandates28/12/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - BENAMING - DIVERSEN - DOEL - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
PDF
Registered office19/09/2016
MAATSCHAPPELIJKE ZETEL
PDF
Registered office31/03/2014
MAATSCHAPPELIJKE ZETEL
PDF
Capital / shares21/03/2003
KAPITAAL - AANDELEN
PDF
Mandates02/09/2002
ONTSLAGEN - BENOEMINGEN
PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

2025
Annual accounts 2025-21,9 k €↓
2024
Annual accounts 202489,8 k €↑
2023
Annual accounts 202320,2 k €↓
2023
Name changeCu.be Solutions
2022
Annual accounts 202226,5 k €↑
2021
Annual accounts 2021-24,2 k €↓
2021
Name changeFirstlink Networks
2020
Annual accounts 20204,4 k €↓
2019
Annual accounts 201918,3 k €↑
2018
Annual accounts 20186,2 k €↑
2017
Annual accounts 2017-11,3 k €↑
2016
Annual accounts 2016-23,6 k €↓
2015
Annual accounts 20154,9 k €↓
2014
Annual accounts 201411,5 k €↓
2013
Annual accounts 201313,4 k €↓
2012
Annual accounts 201229,7 k €↑
2011
Annual accounts 2011-14 k €↓
2010
Annual accounts 2010-6,9 k €↓
2009
Annual accounts 20095,3 k €↑
2008
Annual accounts 20081,3 k €↓
2007
Annual accounts 200714 k €↑
2006
Annual accounts 2006-5,8 k €
05/12/2000
IncorporationPrivate limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

Cu.be Solutions

Overview

What does Cu.be Solutions do?

Trend over 20 financial years

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline