Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Tight liquidity NBB
Cash and receivables cover 17 % of short-term debt in 2026; threshold 65 %.
Financials
Financial year 2026
CUMALA from Faimes, company number BE0455441922, closed financial year 2026 with a result of € 19,073 after tax. For that financial year CUMALA recorded a gross margin of € 35,354 and equity of € 9,574. Compared with financial year 2025, the result moved from € -18,973 to € 19,073. Profitable, and profit is growing. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on October 27, 2026.
€ 9,574
▲ € 19,073 vs 2025
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 19,073
▲ still € 18,973 loss in 2025
Profit after tax over the fiscal year.
€ 519
▲ 119% vs 2025
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2026. Retained profit grew to € 278.
People and assets in 2026
≈ 1
No payroll staff. One director, so that person most likely runs the business.
Debts at end 2026
None
No bank loans on the last day of the fiscal year.
€ 17,845
▲ 257% vs 2025
Supplier invoices still open on the last day of the fiscal year.
| 2023 | 2024 | 2025 | 2026 | Change 2025 → 2026 | |
|---|---|---|---|---|---|
| Gross margin | € 31,502 | € 54,679 | € -2,156 | € 35,354 | ▲ € 37,511 |
| Profit after taxes | € 12,518 | € 47,244 | € -18,973 | € 19,073 | ▲ € 38,046 |
| Equity | € -32,315 | € 12,199 | € -9,498 | € 9,574 | ▲ € 19,073 |
| Total debts | € 135,646 | € 242,654 | € 97,520 | € 135,470 | ▲ 39% |
| Cash | € 4,571 | € 74,387 | € 237 | € 519 | ▲ 119% |
| Retained profit | € -39,752 | € 2,903 | € -18,794 | € 278 | ▲ € 19,073 |
| Bank debt | € 29,700 | € 19,800 | € 9,900 | € 0 | ▼ 100% |
| Balance sheet total | € 104,729 | € 255,551 | € 88,022 | € 145,044 | ▲ 65% |
Key figures of CUMALA, fiscal years 2023 to 2026, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2027) expected before 31 October 2027.
What happened to CUMALA?
What happened at CUMALA in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2026: profit of € 19,073. Source: NBB ↗
- Emmanuel LARUELLE became a director. NBB
- New establishment in Faimes. KBO
- Start of the company according to the CBE. KBO
In short
From € 12,518 profit in 2023 to € 19,073 profit in 2026.
Best year ever: 2024, with € 47,244 profit.
Management
Behind CUMALA is Emmanuel LARUELLE. Emmanuel LARUELLE is also behind Inovéo and Elevéo.
Establishments
Establishment units
Physical locations of this company
Rue de Borlez 47
4317 Faimes
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0455.441.922
- VAT number
- BE 0455.441.922
- Registered office
- Rue de Borlez 47, 4317 Faimes
- Names & denominations
- CUMALA
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 20 June 1995
- Peppol
- Active · Active since 15 Dec 2025
- Activities · NACE
Verhuur en lease van landbouwmachines en -werktuigen
Verhuur van landbouwmachines en -werktuigen