ACTIVE

CULINARY DEVELOPMENT

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Financial year 2025 · closed on 31/12/2025
Net result
16,6 k €
+32.9% YoY
Gross margin
43,7 k €
+12.1% YoY
Equity
64,7 k €
+34.6% YoY

What does CULINARY DEVELOPMENT do?

CULINARY DEVELOPMENT is a Private limited company incorporated in 2012. Its main activity is: Management consultancy activities. Its registered office is in Watermael-Boitsfort.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0508.556.944
Incorporation
19/12/2012
Legal form
Private limited company
Registered office
Drève de Bonne Odeur 3
1170 Watermael-Boitsfort · BruxellesSee on map
Contributed capital
13 640,00 €
Latest accounts
31/12/2025
Activities (NACE)
70200Management consultancy activities· main70220Business and other management consultancy activities70210Public relations and communication activities73300Advertising and market research
Signals
ProfitablePositive cashflowPositive EBITDA
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 12 financial years

202520242023202220212020201920182017201620152014
Income statement
Gross margin43,7 k €38,9 k €36,5 k €33,8 k €16,0 k €17,3 k €34,3 k €33,9 k €34,2 k €13,8 k €-2,4 k €-94,7 €
EBITDA42,5 k €36,8 k €35,8 k €33,8 k €14,3 k €17,0 k €32,7 k €32,4 k €31,6 k €4,1 k €-2,4 k €-798,9 €
Operating result29,5 k €23,8 k €21,2 k €20,9 k €1,3 k €4,0 k €19,7 k €19,4 k €18,6 k €-11,2 k €-2,4 k €-798,9 €
Net result16,6 k €12,5 k €8,6 k €13,6 k €-6,6 k €-3,3 k €11,2 k €9,3 k €9,4 k €-15,5 k €-1,8 k €-167,4 €
Balance sheet
Equity64,7 k €48,1 k €35,6 k €27,0 k €13,4 k €20,0 k €23,4 k €12,1 k €2,9 k €-6,6 k €9,0 k €10,8 k €
Total assets384,1 k €399,6 k €410,6 k €423,0 k €436,2 k €448,7 k €459,2 k €471,0 k €484,6 k €500,1 k €9,3 k €11,7 k €
Cash1,1 k €9,5 k €2,0 k €1,4 k €291,1 €1,1 k €1,6 k €490,9 €1,0 k €6,1 k €1,7 k €1,6 k €
Debts319,3 k €347,8 k €375,0 k €396,0 k €422,8 k €428,6 k €435,8 k €458,9 k €481,7 k €506,6 k €345,9 €921,9 €
Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 3 ended

Active mandates

ERNESTO BALI

Director · since 18 décembre 2023

Active
PASCAL DEVALKENEER

Director · since 18 décembre 2023

Active

Ended mandates

PASCAL DEVALKENEER

Director · since 01 mars 2016

Ended
PASCAL DEVALKENEER

Manager · since 01 mars 2016

Ended
KASPER KURDAHL

Manager · since 01 octobre 2012

Ended
Annual accounts

Full financial information

202520242023202220212020
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro 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 date27/08/202626/09/202530/08/202429/08/202325/08/202220/08/2021
General meeting01/06/202602/06/202501/06/202401/06/202301/06/202201/06/2021
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

12 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202501/06/202627/08/2026FrenchPDF
Micro model31/12/202402/06/202526/09/2025FrenchPDF
Micro model31/12/202301/06/202430/08/2024FrenchPDF
Micro model31/12/202201/06/202329/08/2023FrenchPDF
Micro model31/12/202101/06/202225/08/2022FrenchPDF
Micro model31/12/202001/06/202120/08/2021FrenchPDF
Micro model31/12/201902/06/202029/09/2020FrenchPDF
Micro model31/12/201801/06/201930/09/2019FrenchPDF
Micro model31/12/201701/06/201830/08/2018FrenchPDF
Abridged model31/12/201601/06/201713/03/2018FrenchPDF
Abridged model31/12/201501/06/201610/11/2017FrenchPDF
Abridged model31/12/201401/06/201503/02/2016FrenchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 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.

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 3 ended

Active mandates

ERNESTO BALI

Director · since 18 décembre 2023

Active
PASCAL DEVALKENEER

Director · since 18 décembre 2023

Active

Ended mandates

PASCAL DEVALKENEER

Director · since 01 mars 2016

Ended
PASCAL DEVALKENEER

Manager · since 01 mars 2016

Ended
KASPER KURDAHL

Manager · since 01 octobre 2012

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates28/12/2023
    MODIFICATION FORME JURIDIQUE - SIEGE SOCIAL - DEMISSIONS, NOMINATIONS
    PDF
  • Mandates29/03/2016
    SIEGE SOCIAL - CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS
    PDF
  • Other02/01/2013
    RUBRIQUE CONSTITUTION (NOUVELLE PERSONNE MORALE, OUVERTURE SUCCURSALE, ETC...)
    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 202516,6 k €↑
  2. 2024
    Annual accounts 202412,5 k €↑
  3. 2023
    Annual accounts 20238,6 k €↓
  4. 2022
    Annual accounts 202213,6 k €↑
  5. 2021
    Annual accounts 2021-6,6 k €↓
  6. 2020
    Annual accounts 2020-3,3 k €↓
  7. 2019
    Annual accounts 201911,2 k €↑
  8. 2018
    Annual accounts 20189,3 k €↓
  9. 2017
    Annual accounts 20179,4 k €↑
  10. 2016
    Annual accounts 2016-15,5 k €↓
  11. 2015
    Annual accounts 2015-1,8 k €↓
  12. 2014
    Annual accounts 2014-167,4 €
  13. 19/12/2012
    IncorporationPrivate limited company