Active · per the CBE, 29 October 2026

CULLEN INTERNATIONAL

BE0429199165

Rechtspersoon Public limited company 1 establishment

CULLEN INTERNATIONAL is an IT company in Oudergem. Public Limited, started on 18 June 1986, 1 establishment.

Lucien Outersgaarde 11-21 box 1, 1160 Oudergem

Active for

40 year, 4 months

Financials

Financial year 2025

CULLEN INTERNATIONAL from Oudergem, company number BE0429199165, closed financial year 2025 with a result of € 28,582 after tax. For that financial year CULLEN INTERNATIONAL recorded a gross margin of € 5.3 million and equity of € 2.5 million. Compared with financial year 2024, the result moved from € 203,980 to € 28,582. The company is profitable. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on June 24, 2026.

What it is worth Healthy

€ 2.5 million

▼ 17% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Healthy

€ 28,582

▼ 86% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 4 million

▼ 1% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Pays out

€ 500,000 paid out

More than the year’s profit went to the shareholders; reserves fell.

People and assets in 2025

Full-time equivalents

38.1

▲ 1.9 vs 2024

Average over the fiscal year, from the social balance sheet.

Wage cost

€ 5 million

▲ 10% vs 2024

€ 130,000 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.

Vehicles and equipment

€ 7,710

▼ 7% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt

None

No bank loans on the last day of the fiscal year.

Owed to suppliers

€ 449,288

▲ 3% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 1.1 million

▼ 9% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
2022202320242025Change 2024 → 2025
Gross margin € 4,706,062 € 5,014,608 € 5,752,144 € 5,263,153 ▼ 9%
Profit after taxes € 452,804 € 377,967 € 203,980 € 28,582 ▼ 86%
Equity € 3,307,005 € 3,084,972 € 2,962,810 € 2,452,360 ▼ 17%
Total debts € 4,312,091 € 3,878,991 € 5,162,705 € 5,106,707 ▼ 1%
Cash € 3,971,538 € 3,336,473 € 4,009,691 € 3,986,047 ▼ 1%
Retained profit € 3,068,260 € 2,846,226 € 2,550,206 € 2,078,787 ▼ 18%
Dividend € 200,000 € 600,000 € 500,000 € 500,000
Balance sheet total € 7,619,096 € 6,963,963 € 8,125,515 € 7,559,067 ▼ 7%
Employees (FTE) 34.4 35.4 36.2 38.1 ▲ 1.9

Key figures of CULLEN 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 CULLEN INTERNATIONAL?

What happened at CULLEN INTERNATIONAL in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

  • New annual accounts for financial year 2025: profit of € 28,582 (▼ 86% vs 2024). Source: NBB ↗
  • Ezequiel Dominguez stepped down as director. NBB
  • Bernard Marr stepped down as director. NBB
  • Graham Tidd stepped down as director. NBB
  • Philippe Defraigne stepped down as director. NBB
  • Jean Cullen stepped down as director. NBB
  • All Together SRL stepped down as director. NBB
  • Ezequiel Dominguez became a director. NBB

In short

From € 452,804 profit in 2022 to € 28,582 profit in 2025.

Paid € 670,177 in corporate taxes since 2022.

Best year ever: 2022, with € 452,804 profit.

On average € 138,100 of value added per employee in 2025.

Management

The stake of Wallonie Entreprendre comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

CULLEN INTERNATIONAL
Ulobby ApS 22.5%

The shares are held by Wallonie Entreprendre (10.1%). It owns 22.5% of Ulobby ApS itself.

Directors

According to the 2025 annual accounts

Ezequiel Dominguez

Managing director

since 2025 · until 2026

Bernard Marr

Director

since 2025 · until 2026

Graham Tidd

Director

since 2025 · until 2026

Philippe Defraigne

Director

Also active at: VINGT - QUATRE

since 2025 · until 2026

Jean Cullen

Chairman of the board

since 2025 · until 2026

All Together SRL

Director · represented by Bruno Segers

Also active at: AUTOMOTIVE SYSTEMS, AUTOMOTIVE SYSTEMS HOLDING

since 2025 · until 2026

Shareholders

Participations

Ulobby ApS

22.5%

Establishments

Establishment units

Physical locations of this company

Registered office

Lucien Outersgaarde 11-21 box 1

1160 Oudergem

2.170.693.516

Lucien Outersgaarde 11

1160 Oudergem

Active since 1 September 2008

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 4 companies are registered at this address.

All companies at this address →

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number
0429.199.165
VAT number
BE 0429.199.165
Registered office
Lucien Outersgaarde 11-21 bus 1, 1160 Oudergem
Names & denominations
CULLEN INTERNATIONAL
Enterprise type
Rechtspersoon
Legal form
Public limited company
Legal situation
Normale toestand
Start date
18 June 1986
Peppol
Active · Active since 8 Jan 2025
Activities · NACE

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Frequently asked questions

What does CULLEN INTERNATIONAL do?
CULLEN INTERNATIONAL is an IT company in Oudergem. Public Limited, started on 18 June 1986, 1 establishment.
What is the address of CULLEN INTERNATIONAL?
The registered office of CULLEN INTERNATIONAL is located at Lucien Outersgaarde 11-21 box 1, 1160 Oudergem.
Is CULLEN INTERNATIONAL still active?
Yes. According to the CBE (29 October 2026) CULLEN INTERNATIONAL is active, legal situation “Normale toestand”, started on 18 June 1986.
Is CULLEN INTERNATIONAL registered on Peppol?
Yes, CULLEN INTERNATIONAL is registered on the Peppol network with ID 0208:0429199165.
What is the enterprise number of CULLEN INTERNATIONAL?
The enterprise number of CULLEN INTERNATIONAL is BE0429199165.
When was CULLEN INTERNATIONAL founded?
CULLEN INTERNATIONAL was founded on 18 June 1986.