ACTIVE

Culligan Belgium

Financial year 2025 · Closed on 31/12/2025

Net result1 M €-35,6 %over 1 year
Revenue45,1 M €+111,0 %over 1 year
Equity6,5 M €+24,6 %over 1 year
Workforce186,0 ETP+114,5 %over 1 year

Identity

Source · BCE/KBO

Culligan Belgium is a Public limited company incorporated in 1996. Its main activity is: Manufacture of soft drinks; production of mineral waters and other bottled waters. Its registered office is in Londerzeel. It employs on average 186,0 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0457.040.640
Incorporation
12/01/1996
Legal form
Public limited company
Registered office
Technologielaan 3
1840 Londerzeel · FlandreSee on map
Contributed capital
449 120,75 €
Latest accounts
31/12/2025
Average workforce
186,0 ETP
Joint committees (3)
  • 118
  • 220
  • 222
Signals
ProfitablePositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 21 filings

Trend over 20 financial years

20252024202320222021
Income statement
Revenue45,1 M €21,4 M €19,7 M €15,7 M €13,4 M €
EBITDA15,3 M €5,9 M €4,5 M €3,7 M €3 M €
Operating result6,1 M €2,8 M €2,1 M €2,1 M €1,4 M €
Net result1 M €1,6 M €1,5 M €1,6 M €922,3 k €
Balance sheet
Equity6,5 M €5,2 M €3,6 M €2,1 M €2,2 M €
Total assets73,2 M €80,7 M €19,3 M €15,4 M €14,1 M €
Cash380,6 k €69,4 k €85,2 k €78,4 k €501,7 k €
Debts59,2 M €69,4 M €9,9 M €8,9 M €8,1 M €
Other
Workforce186,0 ETP86,7 ETP91,8 ETP95,8 ETP90,1 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 25 M€ and 50 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

3 active · 20 ended

Active mandates

Culligan FsHco Inc.

Représentant permanent · since 10 mars 2026 · until 09 mars 2031 · 1035.849.142

Represented by Frank Griffith

Active
Filip De Bie

Director · since 01 janvier 2026 · until 31 décembre 2031

Active
Culligan

Director · since 01 novembre 2022 · until 31 décembre 2025 · 0400.624.153

Represented by Filip De Bie

Active

Ended mandates

Culligan

Director · since 01 novembre 2022 · until 01 novembre 2028 · 0400.624.153

Represented by Chris Dooms

Ended
Culligan

Director · since 10 juin 2022 · 0400.624.153

Represented by Olaf Willhelm

Ended
Bart Vanrenterghem

Director · since 19 octobre 2020 · until 27 août 2025

Ended
Chris Dooms

Director · since 19 octobre 2020 · until 27 août 2025

Ended

Full financial information

Source · NBB
202520242023202220212020
Type of accountFull modelFull modelFull modelFull modelFull modelAbridged 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 date10/08/202603/09/202517/10/202426/10/202310/11/202215/07/2021
General meeting31/07/202629/08/202508/10/202406/10/202309/11/202230/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 21 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202531/07/202610/08/2026FrenchPDF
Full model31/12/202531/07/202607/08/2026DutchPDF
Full model31/12/202429/08/202503/09/2025DutchPDF
Full model31/12/202308/10/202417/10/2024DutchPDF
Full model31/12/202206/10/202326/10/2023DutchPDF
Full model31/12/202109/11/202210/11/2022DutchPDF
Abridged model31/12/202030/06/202115/07/2021DutchPDF
Abridged model31/12/201920/07/202023/07/2020DutchPDF
Abridged model31/12/201817/06/201919/06/2019DutchPDF
Abridged model31/12/201729/06/201827/07/2018DutchPDF
Abridged model31/12/201626/05/201726/06/2017DutchPDF
Abridged model31/12/201527/05/201630/08/2016DutchPDF
Abridged model31/12/201429/05/201530/06/2015DutchPDF
Abridged model31/12/201330/05/201431/07/2014DutchPDF
Abridged model31/12/201231/05/201327/09/2013DutchPDF
Abridged model31/12/201125/05/201229/06/2012DutchPDF
Abridged model31/12/201027/05/201101/07/2011DutchPDF
Abridged model31/12/200928/05/201024/06/2010DutchPDF
Abridged model31/12/200829/05/200928/08/2009DutchPDF
Abridged model31/12/200730/06/200829/08/2008DutchPDF
Abridged model31/12/200630/06/200724/08/2007DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 25 M€ and 50 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.

Board of directors

Source · NBB, accounts to 31/12/2025

3 active · 20 ended

Active mandates

Culligan FsHco Inc.

Représentant permanent · since 10 mars 2026 · until 09 mars 2031 · 1035.849.142

Represented by Frank Griffith

Active
Filip De Bie

Director · since 01 janvier 2026 · until 31 décembre 2031

Active
Culligan

Director · since 01 novembre 2022 · until 31 décembre 2025 · 0400.624.153

Represented by Filip De Bie

Active

Ended mandates

Culligan

Director · since 01 novembre 2022 · until 01 novembre 2028 · 0400.624.153

Represented by Chris Dooms

Ended
Culligan

Director · since 10 juin 2022 · 0400.624.153

Represented by Olaf Willhelm

Ended
Bart Vanrenterghem

Director · since 19 octobre 2020 · until 27 août 2025

Ended
Chris Dooms

Director · since 19 octobre 2020 · until 27 août 2025

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates12/06/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates07/05/2026
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates07/05/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates30/03/2026
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates30/03/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Restructuring20/01/2026
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...) - KAPITAAL - AANDELEN
    PDF
  • Restructuring14/11/2025
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Mandates08/08/2025
    DEMISSIONS, NOMINATIONS
    PDF

Similar companies

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

See the Business plan

Timeline

  1. 27/05/2026
    nominationHaidé Van Gheluwe — bijzondere volmacht
  2. 10/03/2026
    nominationCulligan FSHco Inc. — administrateur
  3. 10/03/2026
    nominationCulligan FSHco Inc — bestuurder
  4. 01/01/2026
    augmentation_capital
  5. 01/01/2026
    reduction_capital
  6. 2025
    Annual accounts 20251 M €↓
  7. 15/07/2025
    nominationChris Dooms — vaste vertegenwoordiger van Culligan NV in diens hoedanigheid van bestuurder
  8. 15/07/2025
    nominationFilip De Bie — plaatsvervangend vaste vertegenwoordiger van Culligan NV in diens hoedanigheid van bestuurder
  9. 15/07/2025
    nominationChris Pooms — représentant permanent de Culligan SA en sa qualité d'administrateur
  10. 15/07/2025
    nominationFilip De Bie — représentant permanent suppléant de Culligan SA en sa qualité d'administrateur
  11. 29/05/2025
    revocationNathalie Borean — bijzondere volmacht
  12. 02/01/2025
    autre
  13. 31/12/2024
    nominationFrancisco Coruche de Castro e Almeida — vertegenwoordiger van de enige bestuurder
  14. 31/12/2024
    nominationFrancisco Coruche de Castro e Almeida — représentant permanent de l'administrateur unique
  15. 2024
    Annual accounts 20241,6 M €↑
  16. 01/07/2024
    nominationChris DOOMS — vaste vertegenwoordiger
  17. 01/07/2024
    nominationDE BIE Filip — persoon belast met het dagelijks bestuur
  18. 08/01/2024
    reconductionErnst & Young Bedrijfsrevisoren BV — commissaris
  19. 08/01/2024
    nominationBrecht Deketele — vaste vertegenwoordiger
  20. 2023
    Annual accounts 20231,5 M €↓
  21. 27/01/2023
    nominationVANRENTERGHEM Bart Roger Antoon — persoon belast met het dagelijks bestuur
  22. 17/01/2023
    split
  23. 2022
    Annual accounts 20221,6 M €↑
  24. 01/11/2022
    nominationOlaf Wilhelm — vaste vertegenwoordiger van de enige bestuurder
  25. 07/09/2022
    nominationBart Vanrenterghem — algemeen directeur (country manager)
  26. 2021
    Annual accounts 2021922,3 k €↑
  27. 2020
    Annual accounts 2020319,4 k €↑
  28. 2019
    Annual accounts 2019189,1 k €↑
  29. 2018
    Annual accounts 2018119,7 k €↓
  30. 2017
    Annual accounts 2017144,1 k €↓
  31. 2016
    Annual accounts 2016194,2 k €↑
  32. 2015
    Annual accounts 201597,1 k €↑
  33. 2014
    Annual accounts 201446,7 k €↓
  34. 2013
    Annual accounts 2013223,7 k €↑
  35. 2012
    Annual accounts 2012166,6 k €↑
  36. 2011
    Annual accounts 201119,2 k €↓
  37. 2010
    Annual accounts 2010206,8 k €↑
  38. 2009
    Annual accounts 2009123,5 k €↓
  39. 2008
    Annual accounts 2008131,2 k €↓
  40. 2007
    Annual accounts 2007166,2 k €↓
  41. 2006
    Annual accounts 2006212,2 k €
  42. 12/01/1996
    IncorporationPublic limited company