What does CULINOR do?

CULINOR is a food producer in Destelbergen. Public Limited, started on 9 December 1987, 2 establishments.

What is the address of CULINOR?

The registered office of CULINOR is located at Houtstraat 46, 9070 Destelbergen.

Is CULINOR still active?

Yes. According to the CBE (29 October 2026) CULINOR is active, legal situation “Normale toestand”, started on 9 December 1987.

Is CULINOR registered on Peppol?

Yes, CULINOR is registered on the Peppol network with ID 0208:0432833301.

What is the enterprise number of CULINOR?

The enterprise number of CULINOR is BE0432833301.

When was CULINOR founded?

CULINOR was founded on 9 December 1987.

Who are the directors of CULINOR?

According to the 2025 annual accounts, the directors of CULINOR are: Espejo BV, Monika F. Walser, Sacha Gerber.

Is CULINOR a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 9 December 1987; 5 annual accounts filed, latest fiscal year 2025; 3 directors known from the annual account; 2 establishments in the CBE.

How much profit did CULINOR make in 2025?

CULINOR posted a profit after taxes of € 3,097,522 in financial year 2025.

What is the revenue of CULINOR?

In its most recent annual accounts (2025), CULINOR reported revenue of € 76,919,350.

How much does an employee at CULINOR earn?

The average wage cost per full-time employee at CULINOR was € 71,700 in 2025: staff costs of € 16.6 million for 232.1 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does CULINOR have?

According to the 2025 annual accounts, CULINOR has 232.1 full-time equivalents (FTE).

CULINOR (Public Limited) - Destelbergen - BE0432833301

Dossier CULINOR, printed on 29 October 2026 from databakkes.be/en/0432833301/culinor. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Financials

Financial year 2025

CULINOR from Destelbergen, company number BE0432833301, closed financial year 2025 with a result of € 3.1 million after tax. For that financial year CULINOR recorded revenue of € 76.9 million and equity of € 11.3 million. Compared with financial year 2024, the result moved from € 3.4 million to € 3.1 million. The company is profitable. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on June 16, 2026.

What it is worth Healthy

€ 11.3 million

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

Profit Healthy

€ 3.1 million

▼ 9% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 1,003

▼ 98% vs 2024

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

Where the profit goes Pays out

€ 3.1 million paid out

100 % of the profit went to the shareholders, mostly to Culinor Food Group (100 % of the shares). That is where the money ends up.

People and assets in 2025

Full-time equivalents

232.1

▼ 3.8 vs 2024

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

Wage cost Staff costs are payroll only. Director pay sits with services and miscellaneous goods: € 16.2 million in 2025, together with rent, insurance, accountants and other services. The accounts do not split that further.

€ 16.6 million

▲ 4% vs 2024

€ 71,700 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

€ 241,462

▼ 18% 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

€ 14.4 million

▲ 33% vs 2024

Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 92 days on average.

Taxes and wages

€ 2.3 million

▼ 7% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Revenue	€ 71,584,449 Revenue 2022: € 71,584,449 First fiscal year in the series	€ 74,126,869 Revenue 2023: € 74,126,869 ▲ 4% vs 2022 (€ 71,584,449) Favourable step	€ 78,180,726 Revenue 2024: € 78,180,726 ▲ 5% vs 2023 (€ 74,126,869) Favourable step	€ 76,919,350 Revenue 2025: € 76,919,350 ▼ 2% vs 2024 (€ 78,180,726) Unfavourable step	▼ 2%
Profit after taxes	€ 4,598,428 Profit after taxes 2022: € 4,598,428 First fiscal year in the series	€ 4,977,293 Profit after taxes 2023: € 4,977,293 ▲ 8% vs 2022 (€ 4,598,428) Favourable step	€ 3,415,563 Profit after taxes 2024: € 3,415,563 ▼ 31% vs 2023 (€ 4,977,293) Unfavourable step	€ 3,097,522 Profit after taxes 2025: € 3,097,522 ▼ 9% vs 2024 (€ 3,415,563) Unfavourable step	▼ 9%
Equity	€ 11,280,962 Equity 2022: € 11,280,962 First fiscal year in the series	€ 11,257,845 Equity 2023: € 11,257,845 Unchanged (€ 11,280,962) Unfavourable step	€ 11,273,408 Equity 2024: € 11,273,408 Unchanged (€ 11,257,845) Favourable step	€ 11,270,930 Equity 2025: € 11,270,930 Unchanged (€ 11,273,408) Unfavourable step
Total debts	€ 22,415,864 Total debts 2022: € 22,415,864 First fiscal year in the series	€ 22,120,862 Total debts 2023: € 22,120,862 ▼ 1% vs 2022 (€ 22,415,864) Favourable step	€ 17,482,632 Total debts 2024: € 17,482,632 ▼ 21% vs 2023 (€ 22,120,862) Favourable step	€ 20,315,835 Total debts 2025: € 20,315,835 ▲ 16% vs 2024 (€ 17,482,632) Unfavourable step	▲ 16%
Cash	€ 7,686,154 Cash 2022: € 7,686,154 First fiscal year in the series	€ 73,660 Cash 2023: € 73,660 ▼ 99% vs 2022 (€ 7,686,154) Unfavourable step	€ 54,218 Cash 2024: € 54,218 ▼ 26% vs 2023 (€ 73,660) Unfavourable step	€ 1,003 Cash 2025: € 1,003 ▼ 98% vs 2024 (€ 54,218) Unfavourable step	▼ 98%
Land & buildings	€ 1,679,159 Land & buildings 2022: € 1,679,159 First fiscal year in the series	€ 1,620,611 Land & buildings 2023: € 1,620,611 ▼ 3% vs 2022 (€ 1,679,159) Unchanged	€ 1,542,056 Land & buildings 2024: € 1,542,056 ▼ 5% vs 2023 (€ 1,620,611) Unchanged	€ 1,444,241 Land & buildings 2025: € 1,444,241 ▼ 6% vs 2024 (€ 1,542,056) Unchanged	▼ 6%
Retained profit	€ 8,890,552 Retained profit 2022: € 8,890,552 First fiscal year in the series	€ 8,867,845 Retained profit 2023: € 8,867,845 Unchanged (€ 8,890,552) Unfavourable step	€ 8,883,408 Retained profit 2024: € 8,883,408 Unchanged (€ 8,867,845) Favourable step	€ 8,880,930 Retained profit 2025: € 8,880,930 Unchanged (€ 8,883,408) Unfavourable step
Dividend	€ 5,000,000 Dividend 2022: € 5,000,000 First fiscal year in the series	€ 5,000,000 Dividend 2023: € 5,000,000 Unchanged (€ 5,000,000) Unchanged	€ 3,400,000 Dividend 2024: € 3,400,000 ▼ 32% vs 2023 (€ 5,000,000) Unchanged	€ 3,100,000 Dividend 2025: € 3,100,000 ▼ 9% vs 2024 (€ 3,400,000) Unchanged	▼ 9%
Balance sheet total	€ 33,742,994 Balance sheet total 2022: € 33,742,994 First fiscal year in the series	€ 33,451,515 Balance sheet total 2023: € 33,451,515 ▼ 1% vs 2022 (€ 33,742,994) Unchanged	€ 29,752,702 Balance sheet total 2024: € 29,752,702 ▼ 11% vs 2023 (€ 33,451,515) Unchanged	€ 31,598,053 Balance sheet total 2025: € 31,598,053 ▲ 6% vs 2024 (€ 29,752,702) Unchanged	▲ 6%
Employees (FTE)	244 Employees (FTE) 2022: 244 First fiscal year in the series	239.8 Employees (FTE) 2023: 239.8 ▼ 4.2 vs 2022 (244) Unchanged	235.9 Employees (FTE) 2024: 235.9 ▼ 3.9 vs 2023 (239.8) Unchanged	232.1 Employees (FTE) 2025: 232.1 ▼ 3.8 vs 2024 (235.9) Unchanged	▼ 3.8

Key figures of CULINOR, 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 CULINOR?

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

Jun 16, 2026 New annual accounts for financial year 2025: profit of € 3.1 million (▼ 9% vs 2024). Source: NBB ↗
2026 Espejo BV stepped down as director. NBB
2026 Monika F. Walser stepped down as director. NBB
2026 Sacha Gerber stepped down as director. NBB
2025 Espejo BV became a director. NBB
2025 Monika F. Walser became a director. NBB
2025 Sacha Gerber became a director. NBB
Nov 14, 2011 New establishment in Gent. KBO

In short

From € 4.6 million profit in 2022 to € 3.1 million profit in 2025.

Paid € 2.5 million in corporate taxes since 2022.

Best year ever: 2023, with € 5 million profit.

Paid out € 16.5 million in dividends to the owners in total.

Original PDFs at the National Bank ↗

Management

Culinor Food Group 100%

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

CULINOR

Covifood NV 100%

The shares are held by Culinor Food Group (100%). It owns 100% of Covifood NV itself.

Directors

According to the 2025 annual accounts

Espejo BV

Director · represented by Filip De Spiegeleire

Also active at: LABORATORIA QUALIPHAR, Leopold Van de Casserie, PANISTAR, Culinor Food Group, LOGIVEST, PRESTIGE BREAKFAST

since 2025 · until 2026

Monika F. Walser

Director

Also active at: Culinor Food Group, Culinor Europe

since 2025 · until 2026

Sacha Gerber

Director

Also active at: Culinor Food Group, Culinor Europe

since 2025 · until 2026

Shareholders

Culinor Food Group

100%

Participations

Covifood NV

100%

Establishments

Establishment units

Physical locations of this company

Registered office

Houtstraat 46

9070 Destelbergen

2.034.569.159

Houtstraat 46- box 52

9070 Destelbergen

Active since 15 January 1988

2.203.970.553

Akkerhage 3

9000 Gent

Active since 14 November 2011

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 6 companies are registered at this address.

All companies at this address →

Culinor Food Group same network

€ 34.6 million revenue · 2025

LOODS 13

€ 133,029 gross margin · 2025

Culinor Europe same network

€ 2.1 million revenue · 2025

Tasty Food Factory

€ 903,894 gross margin · 2025

GROEP CULINOR

+1 more

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

Details

Company number

0432.833.301

VAT number

BE 0432.833.301

Registered office

Houtstraat 46, 9070 Destelbergen

Names & denominations

CULINOR

Enterprise type

Rechtspersoon

Legal form

Public limited company

Legal situation

Normale toestand

Start date

9 December 1987

Peppol

Active · Active since 1 Jan 2001

Activities · NACE

Vervaardiging van bereide maaltijden en schotels

Vervaardiging van verse vleeswaren en van vleesconserven

Vervaardiging van andere voedingsmiddelen, neg

Vervaardiging van overige voedingsmiddelen, n.e.g.

View on CBE Public ↗ Annual accounts (NBB) ↗

CULINOR

Financials

What happened to CULINOR?

Management

Directors

Shareholders

Participations

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions