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 64 % of short-term debt in 2023; threshold 65 %.
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Legal situation KBO
Opening faillissement according to the CBE.
Financials
Financial year 2023
CULI'S from Zottegem, company number BE0871965464, closed financial year 2023 with a result of € -36,502 after tax. For that financial year CULI'S recorded a gross margin of € 472,982 and equity of € 56,143. Compared with financial year 2022, the result moved from € 26,769 to € -36,502. The company made a loss. The company holds a healthy buffer. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on October 31, 2023.
€ 56,143
▼ 39% vs 2022
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -36,502
▼ still € 26,769 profit in 2022
Profit after tax over the fiscal year.
€ 44,675
▼ 68% vs 2022
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -433,857.
People and assets in 2023
10.9
▼ 0.1 vs 2022
Average over the fiscal year, from the social balance sheet.
€ 412,451
▲ 8% vs 2022
€ 37,800 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.
€ 4,154
▼ 26% vs 2022
Book value of vehicles, furniture and equipment.
Debts at end 2023
€ 637,128
▲ 87% vs 2022
€ 46,115 is repaid this year. At this pace the long-term loan is gone in ≈ 14 years.
€ 109,304
▼ 15% vs 2022
Supplier invoices still open on the last day of the fiscal year.
€ 34,927
▼ 7% vs 2022
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | Change 2022 → 2023 | |
|---|---|---|---|
| Gross margin | € 477,566 | € 472,982 | ▼ 1% |
| Profit after taxes | € 26,769 | € -36,502 | ▼ € 63,272 |
| Equity | € 92,645 | € 56,143 | ▼ 39% |
| Total debts | € 587,579 | € 866,327 | ▲ 47% |
| Cash | € 141,569 | € 44,675 | ▼ 68% |
| Land & buildings | € 128,792 | € 120,208 | ▼ 7% |
| Retained profit | € -397,355 | € -433,857 | ▼ € 36,502 |
| Bank debt | € 340,744 | € 637,128 | ▲ 87% |
| Balance sheet total | € 680,225 | € 922,470 | ▲ 36% |
| Employees (FTE) | 11 | 10.9 | ▼ 0.1 |
Key figures of CULI'S, fiscal years 2022 to 2023, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2024 has not been filed yet; it was expected before 31 October 2024.
What happened to CULI'S?
What happened at CULI'S in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
CULI'S is active according to the CBE. Legal situation: Opening faillissement.
- Sylvie De Meyer stepped down as director. NBB
- Maddy Haegeman stepped down as director. NBB
- Wim De Wannemacker stepped down as director. NBB
- New annual accounts for financial year 2023: loss of € 36,502 (▼ € 63,272 vs 2022). Source: NBB ↗
- Sylvie De Meyer became a director. NBB
- Maddy Haegeman became a director. NBB
- Wim De Wannemacker became a director. NBB
- New establishment in Zottegem. KBO
In short
From € 26,769 profit in 2022 to € 36,502 loss in 2023.
Best year ever: 2022, with € 26,769 profit.
On average € 43,400 of value added per employee in 2023.
A new publication or filing at CULI'S? We notify you, reason included.
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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
The stake of LAUWERS MANAGEMENT comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
CULI'SThe shares are held by LAUWERS MANAGEMENT.
Directors
According to the 2023 annual accounts
Sylvie De Meyer
Director
since 2021 · until 2027
Maddy Haegeman
Director
since 2021 · until 2027
since 2021 · until 2027
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Heldenlaan 11
9620 Zottegem
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0871.965.464
- VAT number
- BE 0871.965.464
- Registered office
- Heldenlaan 11, 9620 Zottegem
- Names & denominations
- CULI'S
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Opening faillissement
- Start date
- 17 February 2005
- Peppol
- Not registered
- Activities · NACE
Niet-gespecialiseerde detailhandel waarbij voedings- en genotmiddelen overheersen
Overige niet-gespecialiseerde detailhandel in winkels in overwegend voedings- en genotmiddelen
Detailhandel in niet-gespecialiseerde winkels waarbij voedings- en genotmiddelen overheersen (verkoopsoppervlakte < 100 m²)