Financials
Financial year 2025
CUMACO from Roeselare, company number BE0534458518, closed financial year 2025 with a result of € 349,865 after tax. For that financial year CUMACO recorded a gross margin of € 842,229 and equity of € 2.3 million. Compared with financial year 2024, the result moved from € 410,367 to € 349,865. The company is profitable. 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 December 2, 2025.
€ 2.3 million
▲ 12% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 349,865
▼ 15% vs 2024
Profit after tax over the fiscal year.
€ 637,845
▼ 33% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 104,270 paid out
30 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
0.8
▲ 0.2 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 90,533
▲ 125% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 62,238
▼ 45% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 442,931
▼ 21% vs 2024
€ 138,468 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 178,045
▲ € 165,527 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 249,403
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 528,164 | € 662,289 | € 826,156 | € 842,229 | ▲ 2% |
| Profit after taxes | € 329,585 | € 418,524 | € 410,367 | € 349,865 | ▼ 15% |
| Equity | € 1,223,274 | € 1,622,451 | € 2,011,727 | € 2,257,323 | ▲ 12% |
| Total debts | € 781,272 | € 1,006,170 | € 854,850 | € 900,903 | ▲ 5% |
| Cash | € 574,424 | € 458,178 | € 954,873 | € 637,845 | ▼ 33% |
| Land & buildings | € 1,105,616 | € 1,340,828 | € 1,120,921 | € 1,056,586 | ▼ 6% |
| Retained profit | € 1,217,074 | € 1,616,251 | € 2,005,527 | € 2,251,123 | ▲ 12% |
| Dividend | € 24,281 | € 19,347 | € 21,090 | € 104,270 | ▲ € 83,179 |
| Bank debt | € 653,678 | € 806,410 | € 558,262 | € 442,931 | ▼ 21% |
| Balance sheet total | € 2,004,546 | € 2,628,621 | € 2,866,578 | € 3,158,226 | ▲ 10% |
| Employees (FTE) | 0.4 | 0.4 | 0.6 | 0.8 | ▲ 0.2 |
Key figures of CUMACO, 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 January 2027.
What happened to CUMACO?
What happened at CUMACO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 349,865 (▼ 15% vs 2024). Source: NBB ↗
- New establishment in Roeselare. KBO
- Start of the company according to the CBE. KBO
In short
From € 329,585 profit in 2022 to € 349,865 profit in 2025.
Paid € 669,533 in corporate taxes since 2022.
Best year ever: 2023, with € 418,524 profit.
Paid out € 168,987 in dividends to the owners in total.
Management
Behind CUMACO is Mike Cuvelier. Mike Cuvelier is also behind Lotus Bakeries België.
Directors
According to the 2025 annual accounts
Establishments
Establishment units
Physical locations of this company
De Gotelaar 19
8800 Roeselare
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0534.458.518
- VAT number
- BE 0534.458.518
- Registered office
- De Gotelaar 19, 8800 Roeselare
- Names & denominations
- CUMACO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 10 May 2013
- Peppol
- Active · Active since 24 Nov 2023
- Activities · NACE
Activiteiten van holdings
Activiteiten van hoofdkantoren
Holdings