ACTIVE

CULINOR

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Financial year 2025 · closed on 31/12/2025
Net result
3,1 M €
-9.3% YoY
Revenue
76,9 M €
-1.6% YoY
Equity
11,3 M €
-0.0% YoY
Workforce
232,1 ETP
-1.6% YoY

What does CULINOR do?

CULINOR is a Public limited company incorporated in 1987. Its registered office is in Destelbergen. It employs on average 232,1 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0432.833.301
Incorporation
09/12/1987
Legal form
Public limited company
Registered office
Houtstraat 46
9070 Destelbergen · FlandreSee on map
Contributed capital
2 390 000,00 €
Latest accounts
31/12/2025
Average workforce
232,1 ETP
Joint committees (2)
  • 118
  • 220
Signals
ProfitableSolid equityLow riskPositive cashflowPositive EBITDAHealthy social debtsHigh revenue
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 6 financial years

202520242023202220212006
Income statement
Revenue76,9 M €78,2 M €74,1 M €71,6 M €62,4 M €22,8 M €
EBITDA5 M €7,8 M €7,3 M €6,7 M €7,2 M €2,5 M €
Operating result3,1 M €4,6 M €5,7 M €5,1 M €5,7 M €659,2 k €
Net result3,1 M €3,4 M €5 M €4,6 M €4,7 M €279,2 k €
Balance sheet
Equity11,3 M €11,3 M €11,3 M €11,3 M €11,7 M €3 M €
Total assets31,6 M €29,8 M €33,5 M €33,7 M €30,3 M €11,6 M €
Cash1 k €54,2 k €73,7 k €7,7 M €4,5 M €513,8 k €
Debts19,9 M €17 M €21,7 M €22 M €18,2 M €8,5 M €
Other
Workforce232,1 ETP235,9 ETP239,8 ETP244,0 ETP238,3 ETP70,2 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 50 M€ and 100 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 42 ended

Active mandates

ESPEJO

Director · since 27 mai 2025 · until 26 mai 2026 · 0656.535.590

Represented by Filip De Spiegeleire

Active
Monika F. Walser

Director · since 27 mai 2025 · until 26 mai 2026

Active
Sacha Gerber

Director · since 27 mai 2025 · until 26 mai 2026

Active

Ended mandates

Andreas Heinz Lindner

Director · since 28 mai 2024 · until 27 mai 2025

Ended
Daniel Lutz

Director · since 28 mai 2024 · until 27 mai 2025

Ended
ESPEJO

Director · since 28 mai 2024 · until 27 mai 2025 · 0656.535.590

Represented by Filip DE SPIEGELEIRE

Ended
Andreas Heinz Lindner

Director · since 30 mars 2023 · until 28 mai 2024

Ended
At this address

Other companies at this address

CompanyCBE no.
Culinor Europe● Active
0659.794.394
Culinor Food Group● Active
0464.033.944
GROEP CULINOR● Active
0818.654.165
LOODS 13● Active
0597.614.129
Tasty Food Factory● Active
0807.093.745
Annual accounts

Full financial information

202520242023202220212020
Type of accountFull modelFull modelFull modelFull modelFull modelFull model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date16/06/202608/07/202521/06/202419/06/202320/06/202228/06/2021
General meeting26/05/202627/05/202528/05/202426/05/202327/05/202225/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

23 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202526/05/202616/06/2026DutchPDF
Full model31/12/202427/05/202508/07/2025DutchPDF
Full model31/12/202328/05/202421/06/2024DutchPDF
Full model31/12/202226/05/202319/06/2023DutchPDF
Full model31/12/202127/05/202220/06/2022DutchPDF
Full model31/12/202025/06/202128/06/2021DutchPDF
Full model31/12/201929/05/202003/08/2020DutchPDF
Full model31/12/201831/05/201928/06/2019DutchPDF
Full model31/12/201725/05/201820/06/2018DutchPDF
Full model31/12/201612/06/201719/07/2017DutchPDF
Full model31/12/201527/05/201621/12/2016DutchPDF
Consolidated accounts31/12/201527/05/201621/12/2016DutchPDF
Full model31/12/201429/05/201522/06/2015DutchPDF
Consolidated accounts31/12/201429/05/201523/06/2015DutchPDF
Full model31/12/201330/05/201419/06/2014DutchPDF
Consolidated accounts31/12/201330/05/201417/06/2014DutchPDF
Full model31/12/201231/05/201327/06/2013DutchPDF
Full model31/12/201115/06/201206/07/2012DutchPDF
Full model31/12/201027/05/201123/06/2011DutchPDF
Full model31/12/200930/04/201028/05/2010DutchPDF
Full model31/12/200815/05/200917/06/2009DutchPDF
Full model31/12/200716/05/200810/07/2008DutchPDF
Full model31/12/200618/05/200702/07/2007DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 50 M€ and 100 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 · 42 ended

Active mandates

ESPEJO

Director · since 27 mai 2025 · until 26 mai 2026 · 0656.535.590

Represented by Filip De Spiegeleire

Active
Monika F. Walser

Director · since 27 mai 2025 · until 26 mai 2026

Active
Sacha Gerber

Director · since 27 mai 2025 · until 26 mai 2026

Active

Ended mandates

Andreas Heinz Lindner

Director · since 28 mai 2024 · until 27 mai 2025

Ended
Daniel Lutz

Director · since 28 mai 2024 · until 27 mai 2025

Ended
ESPEJO

Director · since 28 mai 2024 · until 27 mai 2025 · 0656.535.590

Represented by Filip DE SPIEGELEIRE

Ended
Andreas Heinz Lindner

Director · since 30 mars 2023 · until 28 mai 2024

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates05/09/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates26/09/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates07/04/2023
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - DIVERSEN - DOEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates19/08/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates21/10/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates08/04/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates16/09/2019
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates03/07/2017
    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

Timeline

  1. 2025
    Annual accounts 20253,1 M €↓
  2. 2024
    Annual accounts 20243,4 M €↓
  3. 2023
    Annual accounts 20235 M €↑
  4. 2022
    Annual accounts 20224,6 M €↓
  5. 2021
    Annual accounts 20214,7 M €↑
  6. 2006
    Annual accounts 2006279,2 k €
  7. 09/12/1987
    IncorporationPublic limited company