ACTIVE

Cuvimo

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Financial year 2025 · closed on 31/12/2025

Net result

2,1 k €

+105.3% YoY

Gross margin

96,8 k €

+152.0% YoY

Equity

2,9 M €

+0.1% YoY

What does Cuvimo do?

Cuvimo is a Public limited company incorporated in 1978. Its registered office is in Heusden-Zolder.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0419.090.280

Incorporation

20/12/1978

Legal form

Public limited company

Registered office

M. Scheperslaan 165
3550 Heusden-Zolder · FlandreSee on map

Contributed capital

437 730,80 €

Latest accounts

31/12/2025

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

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✦ Verdict · Analyst summary

Financials

Trend over 20 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	96,8 k €	+152%	38,4 k €	-54.3%	84 k €	+3.5%	81,2 k €	+160%	31,2 k €	+619%	4,3 k €	+134%	-12,6 k €	+85.3%	-85,5 k €	+24.7%	-113,6 k €	-55.1%	-73,2 k €	-521%	17,4 k €	-81.9%	96,2 k €	-16.9%	115,8 k €	-29.7%	164,8 k €	+11.0%	148,5 k €	+11.4%	133,3 k €	-9.2%	146,9 k €	+33.7%	109,9 k €	-70.4%	371,5 k €	+7.1%	347,1 k €
EBITDA	61,3 k €	+1032%	5,4 k €	-89.5%	51,4 k €	+2.0%	50,3 k €	+1811%	2,6 k €	+114%	-18,6 k €	+43.8%	-33 k €	+69.4%	-108,1 k €	+20.3%	-135,7 k €	-28.0%	-106 k €	-608%	-15 k €	-124%	61,1 k €	-25.5%	82 k €	-37.8%	131,7 k €	+12.7%	116,9 k €	+14.4%	102,1 k €	-8.2%	111,3 k €	+39.2%	79,9 k €	-75.5%	326,5 k €	+7.2%	304,5 k €
Operating result	-40,1 k €	+57.6%	-94,5 k €	-94.2%	-48,7 k €	+26.5%	-66,2 k €	+25.6%	-88,9 k €	+9.6%	-98,3 k €	+50.6%	-199 k €	+39.1%	-326,6 k €	-103%	-161,2 k €	-22.6%	-131,4 k €	-46.3%	-89,8 k €	-191%	-30,8 k €	-245%	-8,9 k €	-120%	44,1 k €	+52.6%	28,9 k €	+325%	6,8 k €	-81.8%	37,3 k €	+885%	3,8 k €	-98.2%	213,8 k €	+430%	-64,8 k €
Net result	2,1 k €	+105%	-39,5 k €	-49.7%	-26,4 k €	+57.0%	-61,4 k €	-2.5%	-59,8 k €	-380%	21,4 k €	+113%	-159 k €	-1.7%	-156,4 k €	-160%	259,5 k €	-82.5%	1,5 M €	+1966%	71,8 k €	-76.7%	308,6 k €	+1401%	20,6 k €	+157%	-35,9 k €	-114%	255,3 k €	-63.7%	703,9 k €	+271%	190 k €	-67.8%	589,9 k €	-20.9%	745,8 k €	+258%	208,1 k €
Balance sheet
Equity	2,9 M €	+0.1%	2,9 M €	-1.3%	2,9 M €	-23.7%	3,8 M €	-1.6%	3,9 M €	-1.5%	4 M €	+0.5%	3,9 M €	-3.9%	4,1 M €	-1.2%	4,1 M €	-31.9%	6,1 M €	+32.2%	4,6 M €	+1.6%	4,5 M €	+7.3%	4,2 M €	-27.9%	5,9 M €	-20.7%	7,4 M €	-12.4%	8,4 M €	-6.9%	9 M €	-20.3%	11,4 M €	+5.5%	10,8 M €	+7.4%	10 M €
Total assets	3,3 M €	-0.7%	3,3 M €	-1.9%	3,4 M €	-21.5%	4,3 M €	-2.2%	4,4 M €	-2.5%	4,6 M €	-13.0%	5,2 M €	-0.4%	5,3 M €	-58.7%	12,7 M €	+1.7%	12,5 M €	+20.8%	10,3 M €	+0.7%	10,3 M €	+4.0%	9,9 M €	+0.5%	9,8 M €	-2.2%	10,1 M €	+2.7%	9,8 M €	+4.6%	9,4 M €	-20.5%	11,8 M €	+5.1%	11,2 M €	+7.8%	10,4 M €
Cash	83,7 k €	+97.9%	42,3 k €	-17.7%	51,4 k €	+97.1%	26,1 k €	-17.3%	31,5 k €	-84.7%	205,7 k €	+1.4%	202,8 k €	-44.6%	366,3 k €	-85.9%	2,6 M €	+274%	693,4 k €	-63.0%	1,9 M €	+86.7%	1 M €	-38.2%	1,6 M €	+11.3%	1,5 M €	+453%	264,4 k €	-72.4%	957 k €	+802%	106,1 k €	-92.4%	1,4 M €	+847%	147,5 k €	-13.5%	170,5 k €
Debts	7,6 k €	-41.3%	13 k €	-18.6%	16 k €	-25.3%	21,4 k €	-46.8%	40,2 k €	-46.6%	75,3 k €	-90.2%	764,4 k €	+29.4%	590,7 k €	-92.4%	7,8 M €	+40.4%	5,6 M €	-1.0%	5,6 M €	-0.2%	5,6 M €	-0.2%	5,7 M €	+42.2%	4 M €	+49.5%	2,7 M €	+98.1%	1,3 M €	+391%	273,2 k €	-25.4%	366,2 k €	+10.8%	330,5 k €	+1123%	27 k €

Estimate

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 13 ended

Active mandates

Frederik Cuppens

Director

Active

Jean-Luc Cuppens

Managing director

Active

Simonne Limerkens

Director

Active

Ended mandates

Frederik de heer CUPPENS

Director · since 01 septembre 2015

Ended

Simonne mevrouw LIMERKENS

Director · since 04 juin 2012

Ended

FRESIMO

Director · since 04 juin 2011 · 0808.799.856

Represented by Jean - Luc Cuppens

Ended

FRESIMO

Director · since 14 janvier 2009 · 0808.799.856

Ended

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	30/06/2026	17/06/2025	21/06/2024	12/06/2023	23/08/2022	27/08/2021
General meeting	04/06/2026	04/06/2025	04/06/2024	05/06/2023	22/08/2022	04/08/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	04/06/2026	30/06/2026	Dutch	PDF
Abridged model	31/12/2024	04/06/2025	17/06/2025	Dutch	PDF
Abridged model	31/12/2023	04/06/2024	21/06/2024	Dutch	PDF
Abridged model	31/12/2022	05/06/2023	12/06/2023	Dutch	PDF
Abridged model	31/12/2021	22/08/2022	23/08/2022	Dutch	PDF
Abridged model	31/12/2020	04/08/2021	27/08/2021	Dutch	PDF
Abridged model	31/12/2019	30/06/2020	30/07/2020	Dutch	PDF
Abridged model	31/12/2018	31/07/2019	14/10/2019	Dutch	PDF
Abridged model	31/12/2017	31/07/2018	25/09/2018	Dutch	PDF
Abridged model	31/12/2016	06/06/2017	30/06/2017	Dutch	PDF
Abridged model	31/12/2015	04/06/2016	15/07/2016	Dutch	PDF
Abridged model	31/12/2014	04/06/2015	25/06/2015	Dutch	PDF
Abridged model	31/12/2013	04/06/2014	05/06/2014	Dutch	PDF
Abridged model	31/12/2012	04/06/2013	10/06/2013	Dutch	PDF
Abridged model	31/12/2011	04/06/2012	27/06/2012	Dutch	PDF
Abridged model	31/12/2010	04/06/2011	04/07/2011	Dutch	PDF
Abridged model	31/12/2009	04/06/2010	16/06/2010	Dutch	PDF
Abridged model	31/12/2008	04/06/2009	25/06/2009	Dutch	PDF
Abridged model	31/12/2007	04/06/2008	05/06/2008	Dutch	PDF
Abridged model	31/12/2006	04/06/2007	14/06/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 M€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 13 ended

Active mandates

Frederik Cuppens

Director

Active

Jean-Luc Cuppens

Managing director

Active

Simonne Limerkens

Director

Active

Ended mandates

Frederik de heer CUPPENS

Director · since 01 septembre 2015

Ended

Simonne mevrouw LIMERKENS

Director · since 04 juin 2012

Ended

FRESIMO

Director · since 04 juin 2011 · 0808.799.856

Represented by Jean - Luc Cuppens

Ended

FRESIMO

Director · since 14 janvier 2009 · 0808.799.856

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Restructuring07/09/2023
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Mandates21/06/2023
ONTSLAGEN - BENOEMINGEN
PDF
Restructuring14/06/2023
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Mandates27/01/2020
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares01/02/2018
KAPITAAL - AANDELEN
PDF
Mandates08/09/2017
ONTSLAGEN - BENOEMINGEN
PDF
Mandates10/11/2015
ONTSLAGEN - BENOEMINGEN
PDF
Mandates30/07/2012
ONTSLAGEN - BENOEMINGEN
PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

2025
Annual accounts 20252,1 k €↑
2024
Annual accounts 2024-39,5 k €↓
2023
Annual accounts 2023-26,4 k €↑
2022
Annual accounts 2022-61,4 k €↓
2021
Annual accounts 2021-59,8 k €↓
2020
Annual accounts 202021,4 k €↑
2019
Annual accounts 2019-159 k €↓
2018
Annual accounts 2018-156,4 k €↓
2017
Annual accounts 2017259,5 k €↓
2016
Annual accounts 20161,5 M €↑
2015
Annual accounts 201571,8 k €↓
2014
Annual accounts 2014308,6 k €↑
2013
Annual accounts 201320,6 k €↑
2012
Annual accounts 2012-35,9 k €↓
2011
Annual accounts 2011255,3 k €↓
2010
Annual accounts 2010703,9 k €↑
2009
Annual accounts 2009190 k €↓
2008
Annual accounts 2008589,9 k €↓
2007
Annual accounts 2007745,8 k €↑
2006
Annual accounts 2006208,1 k €
20/12/1978
IncorporationPublic limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

Cuvimo

Overview

What does Cuvimo do?

Trend over 20 financial years

Indicative valuation

Board of directors

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline