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 27 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Paolo Cumbo Management from Saint-Ghislain, company number BE0776635844, closed financial year 2025 with a result of € 20,030 after tax. For that financial year Paolo Cumbo Management recorded a gross margin of € 64,467 and equity of € 22,030. Compared with financial year 2024, the result moved from € 42,090 to € 20,030. The company is profitable. The buffer shrank hard: equity is 75 % below last year. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on June 29, 2026.
€ 22,030
▼ 75% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 20,030
▼ 52% vs 2024
Profit after tax over the fiscal year.
€ 5,358
▼ 84% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 85,698 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
€ 4,683
▼ 62% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 409,969
€ 46,143 is repaid this year. At this pace the long-term loan is gone in ≈ 9 years.
€ 542
Supplier invoices still open on the last day of the fiscal year.
€ 14,421
▼ 33% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 41,274 | € 34,370 | € 79,836 | € 64,467 | ▼ 19% |
| Profit after taxes | € 31,817 | € 11,791 | € 42,090 | € 20,030 | ▼ 52% |
| Equity | € 33,817 | € 45,608 | € 87,698 | € 22,030 | ▼ 75% |
| Total debts | € 13,339 | € 19,262 | € 21,590 | € 464,560 | ▲ € 442,969 |
| Cash | - | € 15,422 | € 33,951 | € 5,358 | ▼ 84% |
| Land & buildings | - | - | € 24,660 | € 60,956 | ▲ 147% |
| Retained profit | € 31,817 | € 43,608 | € 85,698 | € 20,030 | ▼ 77% |
| Dividend | € 0 | € 0 | € 0 | € 85,698 | |
| Bank debt | € 0 | € 0 | € 0 | € 409,969 | |
| Balance sheet total | € 47,156 | € 64,871 | € 109,289 | € 486,589 | ▲ € 377,301 |
Key figures of Paolo Cumbo Management, 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 Paolo Cumbo Management?
What happened at Paolo Cumbo Management in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 20,030 (▼ 52% vs 2024). Source: NBB ↗
- New establishment in Saint-Ghislain. KBO
- Paolo CUMBO became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 31,817 profit in 2022 to € 20,030 profit in 2025.
Paid € 44,826 in corporate taxes since 2022.
Best year ever: 2024, with € 42,090 profit.
Paid out € 85,698 in dividends to the owners in total.
Management
Behind Paolo Cumbo Management is Paolo CUMBO.
Directors
According to the 2025 annual accounts
Paolo CUMBO
Director
since 2021
Establishments
Establishment units
Physical locations of this company
Rue de Tournai(T) 149
7333 Saint-Ghislain
Rue du Progrès(T) 48
7333 Saint-Ghislain
Active since 28 October 2021
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0776.635.844
- VAT number
- BE 0776.635.844
- Registered office
- Rue de Tournai(T) 149, 7333 Saint-Ghislain
- Names & denominations
- Paolo Cumbo Management · P.C.M.
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 28 October 2021
- Peppol
- Active · Active since 7 Jan 2026
- Activities · NACE
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