ACTIVE

MSCUBE

Export PDF
Financial year 2025 · closed on 31/12/2025
Net result
2,5 k €
-76.2% YoY
Gross margin
11,9 k €
-46.5% YoY
Equity
123,2 k €
-18.9% YoY

What does MSCUBE do?

MSCUBE is a Private limited company incorporated in 2013. Its registered office is in Woluwe-Saint-Pierre.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0541.424.801
Incorporation
25/10/2013
Legal form
Private limited company
Registered office
Avenue des Ajoncs 13
1150 Woluwe-Saint-Pierre · BruxellesSee on map
Contributed capital
6 240,00 €
Latest accounts
31/12/2025
Contacts
2 public details availableLog in to view
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA
View the BCE/KBO Public Search record →
Health score
Available with a Rovalta subscriptionTry for 7 days
Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 11 financial years

20252024202320222021201920182017201620152014
Income statement
Gross margin11,9 k €22,2 k €73,1 k €48,3 k €-1,4 k €51,6 k €20,9 k €44,8 k €19,7 k €31 k €17,3 k €
EBITDA11,2 k €21,7 k €71,6 k €44 k €-2,2 k €50 k €16,9 k €43,6 k €18,2 k €30,5 k €16,3 k €
Operating result3,7 k €14,6 k €66,1 k €36,9 k €-7,7 k €45,4 k €11,1 k €36 k €10,1 k €22,4 k €7,8 k €
Net result2,5 k €10,4 k €47,1 k €26,3 k €-8,9 k €31,1 k €6,4 k €22,7 k €6,3 k €14,7 k €5,1 k €
Balance sheet
Equity123,2 k €151,8 k €170,6 k €123,5 k €118,2 k €92,6 k €61,5 k €55,1 k €32,3 k €26 k €11,4 k €
Total assets191,3 k €195,5 k €206,9 k €153,3 k €167,4 k €133,1 k €120,3 k €79,4 k €99,8 k €106,6 k €121,6 k €
Cash31,7 k €57,3 k €56,2 k €58,8 k €60 k €66,4 k €39,5 k €30,1 k €69,1 k €55,1 k €67,6 k €
Debts68,1 k €43,7 k €36,3 k €29,8 k €49,2 k €40,5 k €58,7 k €24,2 k €67,5 k €80,5 k €110,2 k €
Estimate

Indicative valuation

As an indication, this company is worth

between 100 k€ and 250 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 1 ended

Active mandates

Christophe WAUCQUEZ

Director · since 22 octobre 2013

Active

Ended mandates

Christophe WAUCQUEZ

Manager · since 22 octobre 2013

Ended
Annual accounts

Full financial information

202520242023202220212020
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date28/04/202626/05/202521/06/202431/05/202311/08/202209/06/2021
General meeting25/03/202627/02/202527/05/202426/05/202327/06/202226/05/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

Looking for more information about this company?

Try for 7 days
Filings

Annual accounts filings

12 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202525/03/202628/04/2026FrenchPDF
Micro model31/12/202427/02/202526/05/2025FrenchPDF
Micro model31/12/202327/05/202421/06/2024FrenchPDF
Micro model31/12/202226/05/202331/05/2023FrenchPDF
Micro model31/12/202127/06/202211/08/2022FrenchPDF
Micro model31/12/202026/05/202109/06/2021FrenchPDF
Micro model31/12/201926/05/202007/08/2020FrenchPDF
Micro model31/12/201827/05/201912/06/2019FrenchPDF
Micro model31/12/201723/04/201804/05/2018FrenchPDF
Micro model31/12/201607/06/201723/06/2017FrenchPDF
Abridged model31/12/201526/05/201615/06/2016FrenchPDF
Abridged model31/12/201426/05/201530/06/2015FrenchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 k€ and 250 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 · 1 active · 1 ended

Active mandates

Christophe WAUCQUEZ

Director · since 22 octobre 2013

Active

Ended mandates

Christophe WAUCQUEZ

Manager · since 22 octobre 2013

Ended
Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days
Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates17/07/2023
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - MODIFICATION FORME JURIDIQUE - OBJET - DEMISSIONS, NOMINATIONS
    PDF
  • Other06/11/2013
    RUBRIQUE CONSTITUTION (NOUVELLE PERSONNE MORALE, OUVERTURE SUCCURSALE, ETC...)
    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

Timeline

  1. 2025
    Annual accounts 20252,5 k €↓
  2. 2024
    Annual accounts 202410,4 k €↓
  3. 2023
    Annual accounts 202347,1 k €↑
  4. 2022
    Annual accounts 202226,3 k €↑
  5. 2021
    Annual accounts 2021-8,9 k €↓
  6. 2019
    Annual accounts 201931,1 k €↑
  7. 2018
    Annual accounts 20186,4 k €↓
  8. 2017
    Annual accounts 201722,7 k €↑
  9. 2016
    Annual accounts 20166,3 k €↓
  10. 2015
    Annual accounts 201514,7 k €↑
  11. 2014
    Annual accounts 20145,1 k €
  12. 25/10/2013
    IncorporationPrivate limited company