Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Board fully replaced NBB
No director from three years ago is still active according to annual account 2025.
Financials
Financial year 2025
Cumulus Media Belgium from Westerlo, company number BE0691970284, closed financial year 2025 with a result of € -16,045 after tax. For that financial year Cumulus Media Belgium recorded a gross margin of € -11,809 and equity of € 67,749. Compared with financial year 2024, the result moved from € 13,478 to € -16,045. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on April 18, 2026.
€ 67,749
▼ 19% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -16,045
▼ still € 13,478 profit in 2024
Profit after tax over the fiscal year.
€ 51,351
▼ 23% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 65,749.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 4,588
▼ 40% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 100
▼ 90% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 1,001
▼ 64% 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 | € 17,184 | € -2,264 | € 16,685 | € -11,809 | ▼ € 28,494 |
| Profit after taxes | € 9,815 | € -27,306 | € 13,478 | € -16,045 | ▼ € 29,523 |
| Equity | € 111,110 | € 72,034 | € 83,794 | € 67,749 | ▼ 19% |
| Total debts | € 21,111 | € 5,796 | € 6,255 | € 1,324 | ▼ 79% |
| Cash | € 89,255 | € 51,872 | € 66,946 | € 51,351 | ▼ 23% |
| Retained profit | € 109,110 | € 70,034 | € 81,794 | € 65,749 | ▼ 20% |
| Dividend | € 0 | € 11,770 | € 1,718 | € 0 | ▼ 100% |
| Balance sheet total | € 132,221 | € 77,830 | € 90,049 | € 69,073 | ▼ 23% |
Key figures of Cumulus Media Belgium, 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 Cumulus Media Belgium?
What happened at Cumulus Media Belgium in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 16,045 (▼ € 29,523 vs 2024). Source: NBB ↗
- Alexander Skatchkoff became a director. NBB
- Gregori Skatchkoff stepped down as director. NBB
- Gregori Skatchkoff became a director. NBB
- New establishment in Westerlo. KBO
- Start of the company according to the CBE. KBO
In short
From € 9,815 profit in 2022 to € 16,045 loss in 2025.
Paid € 6,910 in corporate taxes since 2022.
Best year ever: 2024, with € 13,478 profit.
Paid out € 13,488 in dividends to the owners in total.
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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 Cumulus Media Belgium is Alexander Skatchkoff.
Directors
According to the 2025 annual accounts
Alexander Skatchkoff
Director
since 2025
Gregori Skatchkoff
Director
since 2020 · until 2025
Establishments
Establishment units
Physical locations of this company
Goorken 74
2260 Westerlo
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0691.970.284
- VAT number
- BE 0691.970.284
- Registered office
- Goorken 74, 2260 Westerlo
- Names & denominations
- Cumulus Media Belgium · Cumulus
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 12 March 2018
- Peppol
- Active · Active since 9 Feb 2024
- Activities · NACE
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