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 5 % of short-term debt in 2025; threshold 65 %.
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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
CULINARY DEVELOPMENT from Watermaal-Bosvoorde, company number BE0508556944, closed financial year 2025 with a result of € 16,631 after tax. For that financial year CULINARY DEVELOPMENT recorded a gross margin of € 43,657 and equity of € 64,743. Compared with financial year 2024, the result moved from € 12,512 to € 16,631. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on August 27, 2026.
€ 64,743
▲ 35% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 16,631
▲ 33% vs 2024
Profit after tax over the fiscal year.
€ 1,140
▼ 88% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 51,103.
Debts at end 2025
€ 201,288
▼ 11% vs 2024
€ 31,427 is repaid this year. At this pace the long-term loan is gone in ≈ 6 years.
€ 12,119
▲ 2% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 2,868
▼ 55% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 33,836 | € 36,519 | € 38,933 | € 43,657 | ▲ 12% |
| Profit after taxes | € 13,570 | € 8,591 | € 12,512 | € 16,631 | ▲ 33% |
| Equity | € 27,009 | € 35,601 | € 48,113 | € 64,743 | ▲ 35% |
| Total debts | € 396,030 | € 374,991 | € 351,505 | € 319,308 | ▼ 9% |
| Cash | € 1,430 | € 1,968 | € 9,479 | € 1,140 | ▼ 88% |
| Land & buildings | € 416,110 | € 403,125 | € 390,139 | € 377,154 | ▼ 3% |
| Retained profit | € 14,609 | € 21,961 | € 34,473 | € 51,103 | ▲ 48% |
| Bank debt | € 294,338 | € 254,648 | € 226,598 | € 201,288 | ▼ 11% |
| Balance sheet total | € 423,040 | € 410,592 | € 399,618 | € 384,052 | ▼ 4% |
Key figures of CULINARY DEVELOPMENT, 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 CULINARY DEVELOPMENT?
What happened at CULINARY DEVELOPMENT in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 16,631 (▲ 33% vs 2024). filed late Source: NBB ↗
- PASCAL DEVALKENEER became a director. NBB
- ERNESTO BALI became a director. NBB
- Start of the company according to the CBE. KBO
- New establishment in Elsene. KBO
In short
From € 13,570 profit in 2022 to € 16,631 profit in 2025.
Paid € 19,892 in corporate taxes since 2022.
Best year ever: 2025, with € 16,631 profit.
A new publication or filing at CULINARY DEVELOPMENT? We notify you, reason included.
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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
Behind CULINARY DEVELOPMENT are PASCAL DEVALKENEER and ERNESTO BALI. PASCAL DEVALKENEER is also behind Deveco Food.
Directors
According to the 2025 annual accounts
since 2023
ERNESTO BALI
Director
since 2023
Establishments
Establishment units
Physical locations of this company
Willeriekendreef 3
1170 Watermaal-Bosvoorde
Eugène Cattoirstraat 4 box 5
1050 Elsene
Active since 10 December 2012
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0508.556.944
- VAT number
- BE 0508.556.944
- Registered office
- Willeriekendreef 3, 1170 Watermaal-Bosvoorde
- Names & denominations
- CULINARY DEVELOPMENT
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 19 December 2012
- Peppol
- Not registered
- Activities · NACE
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