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 64 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
CULIMAT from Harelbeke, company number BE0864423814, closed financial year 2025 with a result of € 456,148 after tax. For that financial year CULIMAT recorded a gross margin of € 1.4 million and equity of € 779,284. Compared with financial year 2024, the result moved from € 244,749 to € 456,148. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 11, 2026.
€ 779,284
▲ 1% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 456,148
▲ 86% vs 2024
Profit after tax over the fiscal year.
€ 417,899
▲ 94% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 450,000 paid out
99 % of the profit went to the shareholders, mostly to 4FOOD (100 % of the shares). That is where the money ends up.
People and assets in 2025
8.1
▲ 0.8 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 767,433
▲ 1% vs 2024
€ 94,700 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 11,282
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 333,653
▲ € 299,846 vs 2024
Loans from banks and other lenders, long and short.
€ 756,047
▼ 18% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 127,515
▼ 18% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 1,679,400 | € 1,502,303 | € 1,188,058 | € 1,421,515 | ▲ 20% |
| Profit after taxes | € 588,356 | € 393,511 | € 244,749 | € 456,148 | ▲ 86% |
| Equity | € 834,877 | € 778,388 | € 773,137 | € 779,284 | ▲ 1% |
| Total debts | € 1,929,672 | € 2,124,904 | € 1,517,755 | € 1,799,195 | ▲ 19% |
| Cash | € 810,713 | € 597,493 | € 215,510 | € 417,899 | ▲ 94% |
| Land & buildings | € 14,194 | € 7,472 | € 8,941 | € 8,867 | ▼ 1% |
| Retained profit | € 797,677 | € 741,188 | € 735,937 | € 742,084 | ▲ 1% |
| Dividend | € 500,000 | € 450,000 | € 250,000 | € 450,000 | ▲ 80% |
| Bank debt | € 58,587 | € 33,761 | € 33,807 | € 333,653 | ▲ € 299,846 |
| Balance sheet total | € 2,764,549 | € 2,903,291 | € 2,290,891 | € 2,578,480 | ▲ 13% |
| Employees (FTE) | 6.6 | 7.8 | 7.3 | 8.1 | ▲ 0.8 |
Key figures of CULIMAT, 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 CULIMAT?
What happened at CULIMAT in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 456,148 (▲ 86% vs 2024). Source: NBB ↗
- New establishment in Harelbeke. KBO
- Start of the company according to the CBE. KBO
In short
From € 588,356 profit in 2022 to € 456,148 profit in 2025.
Paid € 594,374 in corporate taxes since 2022.
Best year ever: 2022, with € 588,356 profit.
On average € 175,500 of value added per employee in 2025.
Management
The stake of 4FOOD comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
CULIMATBehind CULIMAT are 4FOOD NV and BAUROOY BV. The shares are held by 4FOOD (100%).
Directors
According to the 2025 annual accounts
Director · represented by WIM MAURAU
Director · represented by ANN BOOY
Also active at: Green Park Dressco, 4FOOD, WM-Infinity, LA Invest
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Brugsesteenweg 42/2
8531 Harelbeke
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 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
- 0864.423.814
- VAT number
- BE 0864.423.814
- Registered office
- Brugsesteenweg 42/2, 8531 Harelbeke
- Names & denominations
- CULIMAT
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 31 March 2004
- Peppol
- Active · Active since 28 Nov 2025
- Activities · NACE
Opslag
Overige opslag
Groothandel in machines voor de productie van voedings- en genotmiddelen