ACTIVE

CULTURUM

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Financial year 2025 · Closed on 31/12/2025

Net result-17,2 k €-303,9 %over 1 year

Gross margin118,9 k €+8,3 %over 1 year

Equity331,3 k €-4,9 %over 1 year

Workforce1,8 ETP

Identity

Source · BCE/KBO

CULTURUM is a Public limited company incorporated in 1999. Its main activity is: Cultural education. Its registered office is in Saint-Josse-ten-Noode. It employs on average 1,8 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0466.589.103
Incorporation: 23/07/1999
Legal form: Public limited company
Registered office: Rue Braemt 64
1210 Saint-Josse-ten-Noode · BruxellesSee on map
Contributed capital: 448 750,00 €
Latest accounts: 31/12/2025
Average workforce: 1,8 ETP

Activities (NACE)

85520Cultural education· main 85520Cultural education 90012Performing arts 90202Creative, arts and entertainment activities 90031Artistic creation 90111Creative, arts and entertainment activities

Joint committees (1)

Signals

Solid equityLow riskGood liquidityHealthy social debts

Financials

Source · NBB, 19 filings

Trend over 19 financial years

	2025		2024		2023		2022		2021
Income statement
Gross margin	118,9 k €	+8.3%	109,8 k €	-7.1%	118,2 k €	+303%	29,3 k €	-75.1%	117,7 k €
EBITDA	-9,3 k €	-153%	17,7 k €	-68.9%	56,9 k €	+98.2%	28,7 k €	-75.2%	115,6 k €
Operating result	-18,1 k €	-406%	5,9 k €	-87.1%	45,9 k €	+101%	22,9 k €	-79.6%	112,4 k €
Net result	-17,2 k €	-304%	8,4 k €	-82.7%	48,6 k €	+117%	22,4 k €	-80.1%	112,2 k €
Balance sheet
Equity	331,3 k €	-4.9%	348,4 k €	+2.5%	340 k €	+16.7%	291,4 k €	+8.3%	269,1 k €
Total assets	368,8 k €	-3.3%	381,5 k €	+7.2%	355,7 k €	+21.6%	292,5 k €	+8.3%	270 k €
Cash	166,1 k €	+39.6%	119 k €	-5.4%	125,8 k €	-41.3%	214,3 k €	-5.0%	225,6 k €
Debts	37,5 k €	+14.5%	32,8 k €	+109%	15,7 k €	+1442%	1 k €	+46.2%	695,7 €
Other
Workforce	1,8 ETP		–		–		–		–

Valuation

Indicative valuation

As an indication, this company is worth

between 100 k€ and 250 k€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

2 active · 8 ended

Active mandates

MICHEL KACENELENBOGEN

Managing director · since 01 juin 2022

Active

Patricia IDE

Director · since 01 juin 2022

Active

Ended mandates

MICHEL KACENELENBOGEN

Managing director · since 16 novembre 2016 · until 16 novembre 2022

Ended

Patricia IDE

Director · since 16 novembre 2016 · until 16 novembre 2022

Ended

Michel KACENELENBOGEN

Managing director · since 17 novembre 2004

Ended

Patricia IDE

Director · since 17 novembre 2004

Ended

Other companies at this address

Rue Braemt 64 1210 Saint-Josse-ten-Noode

Company	CBE no.
ESPACE PUBLIC● Active	0793.859.579
The Wolf Wisdom● Active	0543.277.006

Full financial information

Source · NBB

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Micro model	Micro model	Micro model	Micro model	Micro model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/08/2021	01/08/2020	01/08/2019
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/07/2021	31/07/2020
Length of the financial year	12 months	12 months	12 months	17 months	12 months	12 months
Filing date	26/05/2026	16/06/2025	26/08/2024	13/06/2023	28/02/2022	26/02/2021
General meeting	13/05/2026	05/06/2025	28/06/2024	16/05/2023	16/02/2022	22/02/2021
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

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 19 filings

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	13/05/2026	26/05/2026	French	PDF
Micro model	31/12/2024	05/06/2025	16/06/2025	French	PDF
Micro model	31/12/2023	28/06/2024	26/08/2024	French	PDF
Micro model	31/12/2022	16/05/2023	13/06/2023	French	PDF
Micro model	31/07/2021	16/02/2022	28/02/2022	French	PDF
Micro model	31/07/2020	22/02/2021	26/02/2021	French	PDF
Micro model	31/07/2019	08/01/2020	13/01/2020	French	PDF
Micro model	31/07/2018	21/11/2018	28/12/2018	French	PDF
Micro model	31/07/2017	15/11/2017	15/01/2018	French	PDF
Abridged model	31/07/2016	16/11/2016	22/12/2016	French	PDF
Abridged model	31/07/2015	18/11/2015	29/12/2015	French	PDF
Abridged model	31/07/2014	19/11/2014	30/12/2014	French	PDF
Abridged model	31/07/2013	20/11/2013	13/12/2013	French	PDF
Abridged model	31/07/2012	21/11/2012	19/12/2012	French	PDF
Abridged model	31/07/2011	16/11/2011	15/12/2011	French	PDF
Abridged model	31/07/2010	17/11/2010	13/01/2011	French	PDF
Abridged model	31/07/2009	18/11/2009	13/01/2010	French	PDF
Abridged model	31/07/2008	19/11/2008	02/02/2009	French	PDF
Abridged model	31/07/2007	21/11/2007	11/12/2007	French	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 k€ and 250 k€

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

2 active · 8 ended

Active mandates

MICHEL KACENELENBOGEN

Managing director · since 01 juin 2022

Active

Patricia IDE

Director · since 01 juin 2022

Active

Ended mandates

MICHEL KACENELENBOGEN

Managing director · since 16 novembre 2016 · until 16 novembre 2022

Ended

Patricia IDE

Director · since 16 novembre 2016 · until 16 novembre 2022

Ended

Michel KACENELENBOGEN

Managing director · since 17 novembre 2004

Ended

Patricia IDE

Director · since 17 novembre 2004

Ended

Ownership and network

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Try for free

Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates15/06/2022
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - DIVERS - DEMISSIONS, NOMINATIONS - ASSEMBLEE GENERALE - ANNEE COMPTABLE
PDF
Mandates23/01/2017
DEMISSIONS, NOMINATIONS
PDF
Mandates06/05/2011
DEMISSIONS, NOMINATIONS
PDF
Mandates23/04/2008
DENOMINATION - OBJET - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Mandates22/12/2005
DEMISSIONS, NOMINATIONS
PDF
Mandates08/08/2003
DEMISSIONS, NOMINATIONS
PDF

Similar companies

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

See the Business plan

Timeline

2025
Annual accounts 2025-17,2 k €↓
2024
Annual accounts 20248,4 k €↓
2023
Annual accounts 202348,6 k €↑
2022
Annual accounts 202222,4 k €↓
2021
Annual accounts 2021112,2 k €↑
2020
Annual accounts 202054,4 k €↓
2019
Annual accounts 201961,5 k €↑
2018
Annual accounts 2018-5,8 k €↓
2017
Annual accounts 201710,4 k €↑
2016
Annual accounts 20163,5 k €↓
2015
Annual accounts 201510,4 k €↑
2014
Annual accounts 2014572 €↓
2013
Annual accounts 20133,2 k €↓
2012
Annual accounts 201223,6 k €↑
2011
Annual accounts 2011-783,4 €↓
2010
Annual accounts 2010320,4 €↓
2009
Annual accounts 20097,8 k €↑
2008
Annual accounts 2008-3,7 k €↓
2007
Annual accounts 2007-701,9 €
23/07/1999
IncorporationPublic limited company

CULTURUM

Overview

Identity

Financials

Valuation

Indicative valuation

Board of directors

Other companies at this address

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

Timeline