What does THE SPREADMAKER do?

THE SPREADMAKER is a wholesaler in Hulshout. Private Limited, started on 4 November 1993, 1 establishment.

What is the address of THE SPREADMAKER?

The registered office of THE SPREADMAKER is located at Industriepark 15, 2235 Hulshout.

Is THE SPREADMAKER still active?

Yes. According to the CBE (29 October 2026) THE SPREADMAKER is active, legal situation “Normale toestand”, started on 4 November 1993.

Is THE SPREADMAKER registered on Peppol?

Yes, THE SPREADMAKER is registered on the Peppol network with ID 0208:0451346938.

What is the enterprise number of THE SPREADMAKER?

The enterprise number of THE SPREADMAKER is BE0451346938.

When was THE SPREADMAKER founded?

THE SPREADMAKER was founded on 4 November 1993.

Who are the directors of THE SPREADMAKER?

According to the 2025 annual accounts, the directors of THE SPREADMAKER are: P-Management BV.

Is THE SPREADMAKER a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 4 November 1993; 5 annual accounts filed, latest fiscal year 2025; 1 directors known from the annual account.

How much profit did THE SPREADMAKER make in 2025?

THE SPREADMAKER posted a profit after taxes of € 1,221,706 in financial year 2025.

What is the revenue of THE SPREADMAKER?

As a small company, THE SPREADMAKER is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 2,950,943.

How much does an employee at THE SPREADMAKER earn?

The average wage cost per full-time employee at THE SPREADMAKER was € 65,000 in 2025: staff costs of € 806,456 for 12.4 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does THE SPREADMAKER have?

According to the 2025 annual accounts, THE SPREADMAKER has 12.4 full-time equivalents (FTE).

THE SPREADMAKER (Private Limited) - Hulshout

Dossier THE SPREADMAKER, printed on 29 October 2026 from databakkes.be/en/0451346938/the-spreadmaker. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Financials

Financial year 2025

THE SPREADMAKER from Hulshout, company number BE0451346938, closed financial year 2025 with a result of € 1.2 million after tax. For that financial year THE SPREADMAKER recorded a gross margin of € 3 million and equity of € 2.6 million. Compared with financial year 2024, the result moved from € 913,418 to € 1.2 million. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on June 30, 2026.

What it is worth Growing

€ 2.6 million

▲ 78% vs 2024

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

Profit Growing

€ 1.2 million

▲ 34% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 1.2 million

▲ € 965,898 vs 2024

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

Where the profit goes Pays out

€ 69,033 paid out

6 % of the profit went to the shareholders, the rest stayed in the company.

People and assets in 2025

Full-time equivalents

12.4

▲ 0.7 vs 2024

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

Wage cost

€ 806,456

▲ 10% vs 2024

€ 65,000 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

€ 237,046

▲ 4% vs 2024

Of which on lease € 225,203.

Debts at end 2025

Bank debt ≈ 1 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 655,877

€ 451,703 is repaid this year. At this pace the long-term loan is gone in ≈ 1 years.

Owed to suppliers

€ 769,422

▼ 25% vs 2024

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

Taxes and wages

€ 135,692

▲ 26% 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
Gross margin	€ 1,194,398 Gross margin 2022: € 1,194,398 First fiscal year in the series	€ 1,046,449 Gross margin 2023: € 1,046,449 ▼ 12% vs 2022 (€ 1,194,398) Unfavourable step	€ 2,324,876 Gross margin 2024: € 2,324,876 ▲ 122% vs 2023 (€ 1,046,449) Favourable step	€ 2,950,943 Gross margin 2025: € 2,950,943 ▲ 27% vs 2024 (€ 2,324,876) Favourable step	▲ 27%
Profit after taxes	€ 104,046 Profit after taxes 2022: € 104,046 First fiscal year in the series	€ -65,472 Profit after taxes 2023: € -65,472 ▼ € 169,519 vs 2022 (€ 104,046) Unfavourable step	€ 913,418 Profit after taxes 2024: € 913,418 ▲ € 978,890 vs 2023 (€ -65,472) Favourable step	€ 1,221,706 Profit after taxes 2025: € 1,221,706 ▲ 34% vs 2024 (€ 913,418) Favourable step	▲ 34%
Equity	€ 902,949 Equity 2022: € 902,949 First fiscal year in the series	€ 669,752 Equity 2023: € 669,752 ▼ 26% vs 2022 (€ 902,949) Unfavourable step	€ 1,481,463 Equity 2024: € 1,481,463 ▲ 121% vs 2023 (€ 669,752) Favourable step	€ 2,634,137 Equity 2025: € 2,634,137 ▲ 78% vs 2024 (€ 1,481,463) Favourable step	▲ 78%
Total debts	€ 1,804,155 Total debts 2022: € 1,804,155 First fiscal year in the series	€ 1,711,731 Total debts 2023: € 1,711,731 ▼ 5% vs 2022 (€ 1,804,155) Favourable step	€ 2,474,016 Total debts 2024: € 2,474,016 ▲ 45% vs 2023 (€ 1,711,731) Unfavourable step	€ 1,630,477 Total debts 2025: € 1,630,477 ▼ 34% vs 2024 (€ 2,474,016) Favourable step	▼ 34%
Cash	€ 449,262 Cash 2022: € 449,262 First fiscal year in the series	€ 444,107 Cash 2023: € 444,107 ▼ 1% vs 2022 (€ 449,262) Unfavourable step	€ 246,709 Cash 2024: € 246,709 ▼ 44% vs 2023 (€ 444,107) Unfavourable step	€ 1,212,608 Cash 2025: € 1,212,608 ▲ € 965,898 vs 2024 (€ 246,709) Favourable step	▲ € 965,898
Land & buildings	€ 211,200 Land & buildings 2022: € 211,200 First fiscal year in the series	€ 57,525 Land & buildings 2023: € 57,525 ▼ 73% vs 2022 (€ 211,200) Unchanged	€ 38,037 Land & buildings 2024: € 38,037 ▼ 34% vs 2023 (€ 57,525) Unchanged	€ 19,651 Land & buildings 2025: € 19,651 ▼ 48% vs 2024 (€ 38,037) Unchanged	▼ 48%
Retained profit	€ 884,349 Retained profit 2022: € 884,349 First fiscal year in the series	€ 651,152 Retained profit 2023: € 651,152 ▼ 26% vs 2022 (€ 884,349) Unfavourable step	€ 1,462,863 Retained profit 2024: € 1,462,863 ▲ 125% vs 2023 (€ 651,152) Favourable step	€ 2,615,537 Retained profit 2025: € 2,615,537 ▲ 79% vs 2024 (€ 1,462,863) Favourable step	▲ 79%
Dividend	€ 211,514 Dividend 2022: € 211,514 First fiscal year in the series	€ 167,725 Dividend 2023: € 167,725 ▼ 21% vs 2022 (€ 211,514) Unchanged	€ 101,706 Dividend 2024: € 101,706 ▼ 39% vs 2023 (€ 167,725) Unchanged	€ 69,033 Dividend 2025: € 69,033 ▼ 32% vs 2024 (€ 101,706) Unchanged	▼ 32%
Bank debt	€ 378,354 Bank debt 2022: € 378,354 First fiscal year in the series	€ 373,990 Bank debt 2023: € 373,990 ▼ 1% vs 2022 (€ 378,354) Favourable step	€ 656,610 Bank debt 2024: € 656,610 ▲ 76% vs 2023 (€ 373,990) Unfavourable step	€ 655,877 Bank debt 2025: € 655,877 Unchanged (€ 656,610) Favourable step
Balance sheet total	€ 2,707,104 Balance sheet total 2022: € 2,707,104 First fiscal year in the series	€ 2,381,483 Balance sheet total 2023: € 2,381,483 ▼ 12% vs 2022 (€ 2,707,104) Unchanged	€ 3,955,479 Balance sheet total 2024: € 3,955,479 ▲ 66% vs 2023 (€ 2,381,483) Unchanged	€ 4,264,615 Balance sheet total 2025: € 4,264,615 ▲ 8% vs 2024 (€ 3,955,479) Unchanged	▲ 8%
Employees (FTE)	12 Employees (FTE) 2022: 12 First fiscal year in the series	11 Employees (FTE) 2023: 11 ▼ 1 vs 2022 (12) Unchanged	11.7 Employees (FTE) 2024: 11.7 ▲ 0.7 vs 2023 (11) Unchanged	12.4 Employees (FTE) 2025: 12.4 ▲ 0.7 vs 2024 (11.7) Unchanged	▲ 0.7

Key figures of THE SPREADMAKER, 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 THE SPREADMAKER?

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

Jun 30, 2026 New annual accounts for financial year 2025: profit of € 1.2 million (▲ 34% vs 2024). Source: NBB ↗
2019 P-Management BV became a director. NBB
Jan 1, 2018 New establishment in Hulshout. KBO
Nov 4, 1993 Start of the company according to the CBE. KBO

In short

From € 104,046 profit in 2022 to € 1.2 million profit in 2025.

Paid € 738,943 in corporate taxes since 2022.

Best year ever: 2025, with € 1.2 million profit.

On average € 238,000 of value added per employee in 2025.

Original PDFs at the National Bank ↗

Management

P-Management BV

THE SPREADMAKER

CIBUM INVEST

VERBINNEN ESTATE

VERBINNEN REAL ESTATE

Behind THE SPREADMAKER is P-Management BV. P-Management BV is also behind CIBUM INVEST, VERBINNEN ESTATE, VERBINNEN REAL ESTATE and PROLIVER.

Directors

According to the 2025 annual accounts

P-Management BV

Director · represented by Pascal Verbinnen

Also active at: CIBUM INVEST, VERBINNEN ESTATE, VERBINNEN REAL ESTATE, PROLIVER

since 2019

Establishments

Establishment units

Physical locations of this company

Registered office

Industriepark 15

2235 Hulshout

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

Details

Company number: 0451.346.938
VAT number: BE 0451.346.938
Registered office: Industriepark 15, 2235 Hulshout
Names & denominations: THE SPREADMAKER
Enterprise type: Rechtspersoon
Legal form: Private limited company
Legal situation: Normale toestand
Start date: 4 November 1993
Peppol: Active · Active since 30 Oct 2025
Activities · NACE: Groothandel in vlees en vleesproducten, uitgezonderd vlees van wild en van gevogelte

View on CBE Public ↗ Annual accounts (NBB) ↗