Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 1 of the last 4 fiscal years.
-
Two loss years in a row NBB
Negative result in 2023 and 2024.
-
Tight liquidity NBB
Cash and receivables cover 0 % of short-term debt in 2024; threshold 65 %.
Financials
Financial year 2024
KULT from Lommel, company number BE0872583096, closed financial year 2024 with a result of € -44,510 after tax. For that financial year KULT recorded a gross margin of € 1,648 and equity of € -6,730. Compared with financial year 2023, the result moved from € -32,853 to € -44,510. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on April 30, 2025.
€ -6,730
▼ € 44,510 vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -44,510
▼ 35 % more loss than in 2023
Profit after tax over the fiscal year.
Loss, nothing to pay out
Reserves fell to € -12,930.
People and assets in 2024
€ 1,730
▼ 25% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 359,115
▼ 5% vs 2023
€ 35,893 is repaid this year. At this pace the long-term loan is gone in ≈ 9 years.
€ 4,250
▲ € 3,392 vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 3,720
▼ 32% vs 2023
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 65,441 | € 4,263 | € 10,934 | € 1,648 | ▼ 85% |
| Profit after taxes | € 16,395 | € -40,396 | € -32,853 | € -44,510 | ▼ € 11,657 |
| Equity | € 111,029 | € 70,633 | € 37,779 | € -6,730 | ▼ € 44,510 |
| Total debts | € 1,150,924 | € 1,126,870 | € 1,126,910 | € 1,136,722 | ▲ 1% |
| Cash | € 18,608 | € 499 | - | - | |
| Land & buildings | € 1,213,706 | € 1,184,087 | € 1,154,468 | € 1,124,849 | ▼ 3% |
| Retained profit | € 104,829 | € 64,433 | € 31,579 | € -12,930 | ▼ € 44,510 |
| Bank debt | € 426,484 | € 400,090 | € 376,687 | € 359,115 | ▼ 5% |
| Balance sheet total | € 1,261,953 | € 1,197,503 | € 1,164,689 | € 1,129,992 | ▼ 3% |
Key figures of KULT, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 30 April 2026.
What happened to KULT?
What happened at KULT in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: loss of € 44,510. Source: NBB ↗
- New establishment in Lommel. KBO
- Start of the company according to the CBE. KBO
In short
From € 16,395 profit in 2021 to € 44,510 loss in 2024.
Paid € 652 in corporate taxes since 2021.
Best year ever: 2021, with € 16,395 profit.
A new publication or filing at KULT? 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
Behind KULT are Martinus De Laat and Dennis De Laat.
Directors
According to the 2024 annual accounts
Martinus De Laat
Director
Dennis De Laat
Director
Establishments
Establishment units
Physical locations of this company
Quinten Metsysdreef 8
3920 Lommel
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
- 0872.583.096
- VAT number
- BE 0872.583.096
- Registered office
- Quinten Metsysdreef 8, 3920 Lommel
- Names & denominations
- KULT
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 17 March 2005
- Peppol
- Active · Active since 18 Dec 2025
- Activities · NACE
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