Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Shrinking team NBB
FTE fell two years in a row, from 3 to 1.1.
Financials
Financial year 2025
CULINAS from Brugge, company number BE0466763703, closed financial year 2025 with a result of € -19,413 after tax. For that financial year CULINAS recorded a gross margin of € 132,674 and equity of € 227,356. Compared with financial year 2024, the result moved from € 31,314 to € -19,413. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on April 1, 2026.
€ 227,356
▼ 8% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -19,413
▼ still € 31,314 profit in 2024
Profit after tax over the fiscal year.
€ 86,419
▼ 43% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 165,383.
People and assets in 2025
1.1
▼ 0.9 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 44,282
▼ 4% vs 2024
€ 40,300 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.
€ 21,899
▼ 22% vs 2024
Of which on lease € 6,587.
Debts at end 2025
€ 908,802
▼ 6% vs 2024
€ 81,406 is repaid this year. At this pace the long-term loan is gone in ≈ 10 years.
€ 73,733
▼ 10% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 17,786
▼ 16% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 221,867 | € 261,614 | € 222,572 | € 132,674 | ▼ 40% |
| Profit after taxes | € 36,202 | € 29,749 | € 31,314 | € -19,413 | ▼ € 50,726 |
| Equity | € 185,706 | € 215,455 | € 246,769 | € 227,356 | ▼ 8% |
| Total debts | € 1,220,490 | € 1,103,383 | € 1,104,601 | € 1,046,665 | ▼ 5% |
| Cash | € 131,923 | € 178,339 | € 152,763 | € 86,419 | ▼ 43% |
| Land & buildings | € 828,976 | € 793,016 | € 757,716 | € 722,415 | ▼ 5% |
| Retained profit | € 123,733 | € 153,481 | € 184,795 | € 165,383 | ▼ 11% |
| Bank debt | € 996,289 | € 929,781 | € 968,538 | € 908,802 | ▼ 6% |
| Balance sheet total | € 1,406,196 | € 1,318,838 | € 1,351,369 | € 1,274,021 | ▼ 6% |
| Employees (FTE) | 2.4 | 3 | 2 | 1.1 | ▼ 0.9 |
Key figures of CULINAS, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 April 2027.
What happened to CULINAS?
What happened at CULINAS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 19,413 (▼ € 50,726 vs 2024). Source: NBB ↗
- New establishment in Brugge. KBO
- Start of the company according to the CBE. KBO
In short
From € 36,202 profit in 2022 to € 19,413 loss in 2025.
Paid € 27,984 in corporate taxes since 2022.
Best year ever: 2022, with € 36,202 profit.
On average € 120,600 of value added per employee in 2025.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Directors
According to the 2025 annual accounts
Nico De Baere
Director
Establishments
Establishment units
Physical locations of this company
Monnikenwerve 24
8000 Brugge
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Certifications & Partners
Hosting & Email
Email provider
Microsoft 365
Hosting
GOOGLE-CLOUD-PLATFORM - Google LLC, US
Website info
Features
Security
Network
Details
- Company number
- 0466.763.703
- VAT number
- BE 0466.763.703
- Registered office
- Monnikenwerve 24, 8000 Brugge
- Names & denominations
- CULINAS
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 31 August 1999
- Peppol
- Active · Active since 23 Jan 2024
- Contact
- sanixl.be
- Activities · NACE
Schrijnwerk
Schrijnwerk van hout of van kunststof
Algemene elektrotechnische installatiewerken
Plaatsen van vloerbedekking en wandbekleding van hout
Plaatsen van vloer- en wandtegels
Sanitaire werkzaamheden