Financials
Financial year 2025
Cullinan Construct from Mortsel, company number BE0729661219, closed financial year 2025 with a result of € 89,834 after tax. For that financial year Cullinan Construct recorded a gross margin of € 130,850 and equity of € 132,685. Compared with financial year 2024, the result moved from € 77,680 to € 89,834. Profitable, and profit is growing. 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 May 29, 2026.
€ 132,685
▼ 27% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 89,834
▲ 16% vs 2024
Profit after tax over the fiscal year.
€ 95,781
▲ 12% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 138,000 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
€ 65,660
▲ € 62,951 vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 35,743
€ 13,050 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 445
▼ 93% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 17,994
▼ 23% 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 | € 52,319 | € 39,210 | € 109,093 | € 130,850 | ▲ 20% |
| Profit after taxes | € 35,859 | € 23,835 | € 77,680 | € 89,834 | ▲ 16% |
| Equity | € 188,335 | € 127,170 | € 180,850 | € 132,685 | ▼ 27% |
| Total debts | € 46,214 | € 109,180 | € 75,080 | € 195,345 | ▲ 160% |
| Cash | € 51,969 | € 35,854 | € 85,540 | € 95,781 | ▲ 12% |
| Land & buildings | - | - | € 1,661 | € 1,326 | ▼ 20% |
| Retained profit | € 185,835 | € 124,670 | € 178,350 | € 130,185 | ▼ 27% |
| Dividend | € 43,000 | € 85,000 | € 24,000 | € 138,000 | ▲ € 114,000 |
| Bank debt | € 0 | € 0 | € 0 | € 35,743 | |
| Balance sheet total | € 234,550 | € 236,350 | € 255,930 | € 328,029 | ▲ 28% |
Key figures of Cullinan Construct, 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 Cullinan Construct?
What happened at Cullinan Construct in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 89,834 (▲ 16% vs 2024). Source: NBB ↗
- Flor Wouters became a director. NBB
- Roel Wouters became a director. NBB
- New establishment in Mortsel. KBO
- Start of the company according to the CBE. KBO
In short
From € 35,859 profit in 2022 to € 89,834 profit in 2025.
Paid € 70,667 in corporate taxes since 2022.
Best year ever: 2025, with € 89,834 profit.
Paid out € 290,000 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 Cullinan Construct are Flor Wouters and Roel Wouters.
Directors
According to the 2025 annual accounts
Flor Wouters
Director
since 2026
Roel Wouters
Director
since 2019
Establishments
Establishment units
Physical locations of this company
Liersesteenweg 328
2640 Mortsel
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0729.661.219
- VAT number
- BE 0729.661.219
- Registered office
- Liersesteenweg 328, 2640 Mortsel
- Names & denominations
- Cullinan Construct
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 27 June 2019
- Peppol
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