Cubigo International
0838.815.319 · rovalta.com · 26/09/2026
ACTIVE
Cubigo International
Financial year 2025 · Closed on 31/12/2025
Net result87,9 k €-82,1 %over 1 year
Gross margin4,2 M €+9,3 %over 1 year
Equity7,7 M €+1,2 %over 1 year
Workforce22,6 ETP+3,2 %over 1 year
Overview
Identity
Source · BCE/KBOCubigo International is a Public limited company incorporated in 2011. Its main activity is: Computer consultancy activities. Its registered office is in Hasselt. It employs on average 22,6 ETP workers (FTE).
- Legal situation
- Normal situation
- BCE/KBO no. / VAT
- BE 0838.815.319
- Incorporation
- 26/08/2011
- Legal form
- Public limited company
- Registered office
- Kempische steenweg 303 box 103
3500 Hasselt · FlandreSee on map - Contributed capital
- 7 111 305,58 €
- Latest accounts
- 31/12/2025
- Average workforce
- 22,6 ETP
Activities (NACE)
62020Computer consultancy activities· main62200Computer programming, consultancy and related activities46500Wholesale of information and communication equipment46660Wholesale of other office machinery and equipment62010Computer programming activities62100Computer programming, consultancy and related activities
Joint committees (3)
- 200
- 20000
- 218
Contacts
3 public details availableLog in to view
Signals
ProfitableSolid equityPositive cashflowPositive EBITDAHealthy social debts
Financials
Source · NBB, 14 filingsTrend over 12 financial years
| 2025 | 2024 | 2023 | 2022 | 2021 | |||||
|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||
| Gross margin | 4,2 M € | +9.3% | 3,8 M € | +52.5% | 2,5 M € | -12.8% | 2,9 M € | +22.7% | 2,3 M € |
| EBITDA | 2,2 M € | +6.1% | 2,1 M € | +119% | 960 k € | -40.0% | 1,6 M € | +24.8% | 1,3 M € |
| Operating result | 146,7 k € | -70.9% | 504,7 k € | +216% | -434 k € | -250% | 289,5 k € | +326% | 67,9 k € |
| Net result | 87,9 k € | -82.1% | 490,4 k € | +188% | -559 k € | -304% | 274 k € | +259% | 76,3 k € |
| Balance sheet | |||||||||
| Equity | 7,7 M € | +1.2% | 7,6 M € | +40.3% | 5,4 M € | -9.4% | 6 M € | +19.6% | 5 M € |
| Total assets | 12 M € | +0.4% | 11,9 M € | +22.3% | 9,8 M € | +9.6% | 8,9 M € | +4.0% | 8,6 M € |
| Cash | 198 k € | -70.4% | 669 k € | +88.3% | 355,3 k € | +229% | 108 k € | -81.7% | 589,9 k € |
| Debts | 3,8 M € | -1.9% | 3,8 M € | +1.8% | 3,8 M € | +30.8% | 2,9 M € | -17.1% | 3,5 M € |
| Other | |||||||||
| Workforce | 22,6 ETP | +3.2% | 21,9 ETP | +6.8% | 20,5 ETP | +10.8% | 18,5 ETP | +17.1% | 15,8 ETP |
Valuation
Indicative valuation
As an indication, this company is worth
between 10 M€ and 25 M€
See the valuationBoard of directors
Source · NBB, accounts to 31/12/20256 active · 33 ended
Active mandates
Active
Dirk Beeusaert
ActiveEwout Cassee
ActiveStan De Schepper
ActiveActive
Ended mandates
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Financials
Full financial information
Source · NBB| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
| Type of account | Abridged model | Abridged model | Abridged model | Abridged model | Abridged model | Abridged 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 | 29/06/2026 | 10/07/2025 | 25/07/2024 | 12/06/2023 | 15/06/2022 | 14/07/2021 |
| General meeting | 05/06/2026 | 06/06/2025 | 21/05/2024 | 15/05/2023 | 03/06/2022 | 24/06/2021 |
| 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 |
Financial ratios
Source · NBBLooking for more information about this company?
Try for freeAnnual accounts filings
Source · NBB, 14 filings| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Abridged model | 31/12/2025 | 05/06/2026 | 29/06/2026 | Dutch | |
| Abridged model | 31/12/2024 | 06/06/2025 | 10/07/2025 | Dutch | |
| Abridged model | 31/12/2023 | 21/05/2024 | 25/07/2024 | Dutch | |
| Abridged model | 31/12/2022 | 15/05/2023 | 12/06/2023 | Dutch | |
| Abridged model | 31/12/2021 | 03/06/2022 | 15/06/2022 | Dutch | |
| Abridged model | 31/12/2020 | 24/06/2021 | 14/07/2021 | Dutch | |
| Abridged model | 31/12/2019 | 03/07/2020 | 22/07/2020 | Dutch | |
| Abridged model | 31/12/2018 | 27/06/2019 | 04/07/2019 | Dutch | |
| Abridged model | 31/12/2017 | 24/07/2018 | 31/07/2018 | Dutch | |
| Abridged model | 31/12/2016 | 02/06/2017 | 24/08/2017 | Dutch | |
| Abridged model | 31/12/2015 | 15/04/2016 | 09/05/2016 | Dutch | |
| Abridged model | 31/12/2014 | 26/06/2015 | 20/07/2015 | Dutch | |
| Abridged model | 31/12/2013 | 26/06/2014 | 29/08/2014 | Dutch | |
| Abridged model | 31/12/2012 | 17/06/2013 | 16/07/2013 | Dutch |
Valuation
Indicative valuation
Order of magnitude
As an indication, this company is worth
between 10 M€ and 25 M€
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.
Disclaimer
Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.
Directors & structure
Board of directors
Source · NBB, accounts to 31/12/20256 active · 33 ended
Active mandates
Active
Dirk Beeusaert
ActiveEwout Cassee
ActiveStan De Schepper
ActiveActive
Ended mandates
Ownership and network
Looking for more information about this company?
Try for freePublications
Belgian Official Gazette publications
Source · Belgian Official Gazette- Mandates07/09/2026Ontslagen en benoemingen
- Capital / shares14/08/2026Vaststelling van de totstandkoming van de kapitaalverhoging ingevolge
- Capital / shares04/08/2026KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
- Capital / shares14/07/2026KAPITAAL - AANDELEN
- Other06/07/2026—
- Capital / shares27/09/2024STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - KAPITAAL - AANDELEN
- Capital / shares15/07/2024STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - KAPITAAL - AANDELEN
- Capital / shares20/02/2024STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - KAPITAAL - AANDELEN
Similar companies
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 2025Annual accounts 202587,9 k €↓
- 2024Annual accounts 2024490,4 k €↑
- 2023Annual accounts 2023-559 k €↓
- 2022Annual accounts 2022274 k €↑
- 2021Annual accounts 202176,3 k €↑
- 2018Annual accounts 2018-1,2 M €↓
- 2017Annual accounts 2017-1,1 M €↓
- 2016Annual accounts 2016-430,3 k €↓
- 2015Annual accounts 2015-62,4 k €↑
- 2015Name changeCubigo International
- 2014Annual accounts 2014-221,8 k €↑
- 2013Annual accounts 2013-286,9 k €↓
- 2012Annual accounts 2012-169,3 k €
- 2012Name changeAristoco International
- 26/08/2011IncorporationPublic limited company