Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 7 % of short-term debt in 2025; threshold 65 %.
-
Shrinking team NBB
FTE fell two years in a row, from 0.7 to 0.
Financials
Financial year 2025
Curafin from Kortrijk, company number BE0685619457, closed financial year 2025 with a result of € 794,354 after tax. For that financial year Curafin recorded a gross margin of € 55,886 and equity of € 1.7 million. Compared with financial year 2024, the result moved from € 774,897 to € 794,354. 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 April 30, 2026.
€ 1.7 million
▲ 3% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 794,354
▲ 3% vs 2024
Profit after tax over the fiscal year.
€ 48,898
▲ 16% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 750,000 paid out
94 % of the profit went to the shareholders, mostly to Trihold (100 % of the shares). That is where the money ends up.
People and assets in 2025
0
▼ 0.4 vs 2024
Average over the fiscal year, from the social balance sheet.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 998
▼ 70% vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 1,412,704 | € 54,718 | € 58,240 | € 55,886 | ▼ 4% |
| Profit after taxes | € 1,043,271 | € 114,099 | € 774,897 | € 794,354 | ▲ 3% |
| Equity | € 2,250,501 | € 1,614,600 | € 1,639,497 | € 1,683,851 | ▲ 3% |
| Total debts | € 1,248,630 | € 784,783 | € 916,139 | € 750,998 | ▼ 18% |
| Cash | € 19,059 | € 19,980 | € 42,151 | € 48,898 | ▲ 16% |
| Retained profit | € 2,050,501 | € 1,414,600 | € 1,439,497 | € 1,483,851 | ▲ 3% |
| Dividend | € 1,180,000 | € 750,000 | € 750,000 | € 750,000 | |
| Balance sheet total | € 3,499,131 | € 2,399,382 | € 2,555,636 | € 2,434,850 | ▼ 5% |
| Employees (FTE) | 0.7 | 0.7 | 0.4 | 0 | ▼ 0.4 |
Key figures of Curafin, 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 Curafin?
What happened at Curafin in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- First Aid Services BV stepped down as director. NBB
- Marketrading BV stepped down as director. NBB
- Trihold NV stepped down as director. NBB
- Sodofin BV stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 794,354 (▲ 3% vs 2024). Source: NBB ↗
- Marketrading BV became a director. NBB
- First Aid Services BV became a director. NBB
- Trihold NV became a director. NBB
In short
From € 1 million profit in 2022 to € 794,354 profit in 2025.
Paid € 382,563 in corporate taxes since 2022.
Best year ever: 2022, with € 1 million profit.
Paid out € 3.4 million in dividends to the owners in total.
Management
The stake of Trihold comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
CurafinThe shares are held by Trihold (100%). It owns 100% of Covarmed BV and 100% of Covarmed Farma BV itself.
Directors
According to the 2025 annual accounts
Managing director · represented by Voet Karel
Also active at: Tendim, Covarmed, Trihold, COVARMED FARMA, 2-ORIGIN
since 2021 · until 2027
Managing director · represented by Vannieuwenhuyze Nicolas
Also active at: VIMEDI, Covarmed, COVARMED FARMA
since 2022 · until 2027
Managing director · represented by Verhelst Koen
Also active at: Covarmed, COVARMED FARMA
since 2021 · until 2027
Managing director · represented by Flament Dominic
since 2021 · until 2027
Shareholders
100%
Participations
100%
100%
Establishments
Establishment units
Physical locations of this company
Doenaertstraat(Mar) 11
8510 Kortrijk
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 4 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0685.619.457
- VAT number
- BE 0685.619.457
- Registered office
- Doenaertstraat(Mar) 11, 8510 Kortrijk
- Names & denominations
- Curafin
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 4 December 2017
- Peppol
- Active · Active since 17 Apr 2026
- Activities · NACE
Activiteiten van holdings
Holdings