iCUBES
0887.884.253 · rovalta.com · 21/09/2026
ACTIVE
iCUBES
Financial year 2025 · closed on 31/12/2025
Net result
-152,7 k €
-218.1% YoY
Gross margin
-133,6 k €
-239.9% YoY
Equity
385,1 k €
-28.4% YoY
Overview
What does iCUBES do?
iCUBES is a Public limited company incorporated in 2007. Its main activity is: Management consultancy activities. Its registered office is in Gent.
Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0887.884.253
Incorporation
12/03/2007
Legal form
Public limited company
Registered office
Technologiepark-Zwijnaarde 122
9052 Gent · FlandreSee on map
9052 Gent · FlandreSee on map
Contributed capital
922 000,00 €
Latest accounts
31/12/2025
Activities (NACE)
Signals
Solid equityLow riskGood liquidity
Available with a Rovalta subscriptionTry for 7 days
Financials
Trend over 11 financial years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2019 | 2018 | 2010 | 2009 | 2008 | 2007 | |||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||||||||||||||
| Gross margin | -133,6 k € | -240% | -39,3 k € | -196% | 40,9 k € | +150% | -82,4 k € | -55.5% | -53 k € | +68.9% | -170,7 k € | -22.3% | -139,5 k € | -170% | 200,7 k € | -13.9% | 233,2 k € | -7.2% | 251,2 k € | +309% | 61,4 k € |
| EBITDA | -156,7 k € | -228% | -47,8 k € | -221% | 39,6 k € | +147% | -84,8 k € | -49.8% | -56,6 k € | +64.2% | -158,1 k € | +8.6% | -173,1 k € | -198% | 175,9 k € | -15.6% | 208,4 k € | -8.2% | 227,1 k € | +294% | 57,7 k € |
| Operating result | -156,7 k € | -228% | -47,8 k € | -221% | 39,6 k € | +147% | -84,8 k € | -49.8% | -56,6 k € | +64.5% | -159,4 k € | +11.0% | -179,1 k € | -295% | 91,6 k € | -29.6% | 130,1 k € | -16.8% | 156,4 k € | +2675% | 5,6 k € |
| Net result | -152,7 k € | -218% | -48 k € | -226% | 38 k € | +144% | -86,4 k € | -48.8% | -58,1 k € | +63.7% | -160,2 k € | +10.9% | -179,8 k € | -347% | 72,7 k € | -29.4% | 103 k € | -14.8% | 120,9 k € | +1715% | 6,7 k € |
| Balance sheet | |||||||||||||||||||||
| Equity | 385,1 k € | -28.4% | 537,7 k € | -8.2% | 585,7 k € | +6.9% | 547,7 k € | -13.6% | 634,1 k € | -20.9% | 801,5 k € | -16.7% | 961,7 k € | -13.0% | 1,1 M € | +7.0% | 1 M € | +11.1% | 929,5 k € | +14.9% | 808,7 k € |
| Total assets | 969,5 k € | +17.5% | 825,4 k € | -8.6% | 902,9 k € | +1.1% | 893,1 k € | -7.4% | 964,6 k € | +17.1% | 823,8 k € | -20.0% | 1 M € | -18.4% | 1,3 M € | -1.9% | 1,3 M € | +3.5% | 1,2 M € | +25.6% | 990,3 k € |
| Cash | 550,6 k € | -19.6% | 684,8 k € | -11.0% | 769,7 k € | -0.8% | 775,6 k € | +0.6% | 770,9 k € | -0.8% | 777,1 k € | -19.1% | 961,1 k € | +8.5% | 885,4 k € | +9.2% | 811,1 k € | +27.4% | 636,5 k € | +98.3% | 320,9 k € |
| Debts | 411,4 k € | +43.2% | 287,2 k € | +58.4% | 181,3 k € | -15.7% | 215,2 k € | -13.4% | 248,5 k € | +1016% | 22,3 k € | -59.4% | 54,9 k € | -60.0% | 137,2 k € | -41.6% | 234,8 k € | -21.7% | 299,8 k € | +70.2% | 176,1 k € |
Estimate
Indicative valuation
As an indication, this company is worth
between 250 k€ and 500 k€
See the valuationGovernance
Board of directors
Seen on filing of 31/12/2025 · 4 active · 21 ended
Active mandates
Frank Van Goethem
ActiveAt this address
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|---|---|
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Apryse Belgium HoldCo● Active | 0783.687.843 |
Apryse Group● Active | 0895.263.973 |
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AVGI● Active | 0642.738.331 |
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Financials
Annual accounts
Full financial information
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
| Type of account | Micro model | Micro model | Abridged model | Abridged model | Abridged 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 | 17/07/2026 | 28/07/2025 | 03/07/2024 | 24/07/2023 | 05/07/2022 | 25/06/2021 |
| General meeting | 01/07/2026 | 26/06/2025 | 27/06/2024 | 29/06/2023 | 30/06/2022 | 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 |
Ratios
Financial ratios
Looking for more information about this company?
Try for 7 daysFilings
Annual accounts filings
21 filings with the NBB
| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Micro model | 31/12/2025 | 01/07/2026 | 17/07/2026 | Dutch | |
| Micro model | 31/12/2024 | 26/06/2025 | 28/07/2025 | Dutch | |
| Abridged model | 31/12/2023 | 27/06/2024 | 03/07/2024 | Dutch | |
| Abridged model | 31/12/2022 | 29/06/2023 | 24/07/2023 | Dutch | |
| Abridged model | 31/12/2021 | 30/06/2022 | 05/07/2022 | Dutch | |
| Micro model | 31/12/2020 | 24/06/2021 | 25/06/2021 | Dutch | |
| Abridged model | 31/12/2019 | 25/06/2020 | 03/07/2020 | Dutch | |
| Abridged modelCorrection | 31/12/2018 | 20/06/2019 | 25/03/2020 | Dutch | |
| Abridged model | 31/12/2018 | 20/06/2019 | 21/06/2019 | Dutch | |
| Abridged model | 31/12/2017 | 28/06/2018 | 03/07/2018 | Dutch | |
| Abridged model | 31/12/2016 | 29/06/2017 | 05/07/2017 | Dutch | |
| Abridged model | 31/12/2015 | 30/06/2016 | 11/07/2016 | Dutch | |
| Abridged model | 31/12/2014 | 25/06/2015 | 07/07/2015 | Dutch | |
| Abridged modelCorrection | 31/12/2013 | 24/04/2014 | 15/07/2014 | Dutch | |
| Abridged model | 31/12/2013 | 24/04/2014 | 27/06/2014 | Dutch | |
| Abridged model | 31/12/2012 | 25/04/2013 | 19/06/2013 | Dutch | |
| Abridged model | 31/12/2011 | 26/04/2012 | 02/07/2012 | Dutch | |
| Abridged model | 31/12/2010 | 28/04/2011 | 26/05/2011 | Dutch | |
| Abridged model | 31/12/2009 | 29/04/2010 | 24/06/2010 | Dutch | |
| Abridged model | 31/12/2008 | 21/04/2009 | 29/06/2009 | Dutch | |
| Abridged model | 31/12/2007 | 25/04/2008 | 26/06/2008 | Dutch |
Valuation
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.
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
Governance
Board of directors
Seen on filing of 31/12/2025 · 4 active · 21 ended
Active mandates
Frank Van Goethem
ActiveShareholders
Ownership and network
Looking for more information about this company?
Try for 7 daysPublications
Belgian Official Gazette
Belgian Official Gazette publications
- Mandates14/08/2024ONTSLAGEN - BENOEMINGEN
- Mandates05/03/2024ONTSLAGEN - BENOEMINGEN
- Other08/12/2023STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
- Mandates09/03/2023ONTSLAGEN - BENOEMINGEN
- Mandates10/11/2022ONTSLAGEN - BENOEMINGEN
- Mandates16/08/2021ONTSLAGEN - BENOEMINGEN
- Mandates03/01/2019ONTSLAGEN - BENOEMINGEN
- Mandates02/01/2019MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
Source: Belgian Official Gazette
Similar companies
Competition
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 2025Annual accounts 2025-152,7 k €↓
- 2024Annual accounts 2024-48 k €↓
- 2023Annual accounts 202338 k €↑
- 2022Annual accounts 2022-86,4 k €↓
- 2021Annual accounts 2021-58,1 k €↑
- 2019Annual accounts 2019-160,2 k €↑
- 2018Annual accounts 2018-179,8 k €↓
- 2010Annual accounts 201072,7 k €↓
- 2009Annual accounts 2009103 k €↓
- 2008Annual accounts 2008120,9 k €↑
- 2007Annual accounts 20076,7 k €
- 12/03/2007IncorporationPublic limited company