ACTIVE

CUMACO

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Financial year 2025 · closed on 30/06/2025

Net result

349,9 k €

-14.7% YoY

Gross margin

842,2 k €

+1.9% YoY

Equity

2,3 M €

+12.2% YoY

Workforce

0,8 ETP

+33.3% YoY

What does CUMACO do?

CUMACO is a Private limited company incorporated in 2013. Its main activity is: Activities of holding companies. Its registered office is in Roeselare. It employs on average 0,8 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0534.458.518

Incorporation

10/05/2013

Legal form

Private limited company

Registered office

De Gotelaar 19
8800 Roeselare · FlandreSee on map

Contributed capital

6 200,00 €

Latest accounts

30/06/2025

Average workforce

0,8 ETP

Activities (NACE)

64200Activities of holding companies· main 64210Activities of holding companies 70100Activities of head offices 70100Activities of head offices 64200Activities of holding companies 64210Activities of holding companies

Joint committees (2)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 12 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014
Income statement
Gross margin	842,2 k €	+1.9%	826,2 k €	+24.7%	662,3 k €	+25.4%	528,2 k €	-0.4%	530,2 k €	-6.6%	567,6 k €	+72.6%	328,9 k €	+154%	129,7 k €	+135%	55,3 k €	+139%	23,1 k €	+54.1%	15 k €	-53.7%	32,4 k €
EBITDA	552,5 k €	-21.6%	704,5 k €	+9.9%	641,1 k €	+25.6%	510,5 k €	-0.3%	512,3 k €	-6.9%	550,2 k €	+81.8%	302,6 k €	+159%	116,7 k €	+168%	43,5 k €	+168%	16,2 k €	+9.4%	14,8 k €	-53.8%	32 k €
Operating result	498 k €	-17.1%	600,5 k €	+12.3%	534,8 k €	+16.4%	459,4 k €	-2.4%	470,8 k €	-7.2%	507,3 k €	+136%	215,4 k €	+151%	85,8 k €	+113%	40,3 k €	+199%	13,5 k €	+3.2%	13,1 k €	-58.2%	31,2 k €
Net result	349,9 k €	-14.7%	410,4 k €	-1.9%	418,5 k €	+27.0%	329,6 k €	-1.8%	335,7 k €	-1.2%	339,8 k €	+142%	140,6 k €	+170%	52,1 k €	+169%	19,3 k €	+347%	4,3 k €	-34.5%	6,6 k €	-66.5%	19,7 k €
Balance sheet
Equity	2,3 M €	+12.2%	2 M €	+24.0%	1,6 M €	+32.6%	1,2 M €	+33.3%	918 k €	+55.9%	588,9 k €	+136%	249,1 k €	+130%	108,5 k €	+92.3%	56,4 k €	+52.2%	37,1 k €	+13.2%	32,8 k €	+26.4%	25,9 k €
Total assets	3,2 M €	+10.2%	2,9 M €	+9.1%	2,6 M €	+31.1%	2 M €	+11.7%	1,8 M €	+34.2%	1,3 M €	+30.3%	1 M €	+238%	303,7 k €	+233%	91,2 k €	-41.1%	154,9 k €	+138%	65,2 k €	+6.7%	61,1 k €
Cash	637,8 k €	-33.2%	954,9 k €	+108%	458,2 k €	-20.2%	574,4 k €	+7.8%	532,9 k €	-0.4%	535 k €	+93.6%	276,3 k €	+101%	137,1 k €	+448%	25 k €	-77.2%	109,8 k €	+314%	26,5 k €	-30.5%	38,2 k €
Debts	898,4 k €	+5.2%	854,1 k €	-15.1%	1 M €	+28.8%	780,5 k €	-11.0%	877 k €	+17.4%	747,2 k €	-3.8%	776,4 k €	+299%	194,6 k €	+635%	26,5 k €	-28.2%	36,9 k €	+15.3%	32 k €	-8.9%	35,1 k €
Other
Workforce	0,8 ETP	+33.3%	0,6 ETP	+50.0%	0,4 ETP	0.0%	0,4 ETP		–		–		–		–		–		0,3 ETP		–		–

Estimate

Indicative valuation

As an indication, this company is worth

between 2,5 M€ and 5 M€

See the valuation

Governance

Board of directors

Seen on filing of 30/06/2025 · 1 active · 2 ended

Active mandates

Mike Cuvelier

Director

Active

Ended mandates

Mike Cuvelier

bestuurder

Ended

Mike Cuvelier

Manager

Ended

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Micro model	Micro model
Start of the financial year	01/07/2024	01/07/2023	01/07/2022	01/07/2021	01/07/2020	01/07/2019
Closing of the financial year	30/06/2025	30/06/2024	30/06/2023	30/06/2022	30/06/2021	30/06/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	02/12/2025	29/12/2024	27/12/2023	24/01/2023	27/01/2022	20/11/2020
General meeting	01/12/2025	28/12/2024	23/12/2023	24/12/2022	31/12/2021	20/11/2020
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

12 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	30/06/2025	01/12/2025	02/12/2025	Dutch	PDF
Abridged model	30/06/2024	28/12/2024	29/12/2024	Dutch	PDF
Abridged model	30/06/2023	23/12/2023	27/12/2023	Dutch	PDF
Abridged model	30/06/2022	24/12/2022	24/01/2023	Dutch	PDF
Micro model	30/06/2021	31/12/2021	27/01/2022	Dutch	PDF
Micro model	30/06/2020	20/11/2020	20/11/2020	Dutch	PDF
Micro model	30/06/2019	15/11/2019	03/01/2020	Dutch	PDF
Micro model	30/06/2018	16/11/2018	27/11/2018	Dutch	PDF
Micro model	30/06/2017	17/11/2017	12/01/2018	Dutch	PDF
Abridged model	30/06/2016	18/11/2016	05/01/2017	Dutch	PDF
Abridged model	30/06/2015	20/11/2015	11/12/2015	Dutch	PDF
Abridged model	30/06/2014	21/11/2014	22/12/2014	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 2,5 M€ and 5 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 30/06/2025 · 1 active · 2 ended

Active mandates

Mike Cuvelier

Director

Active

Ended mandates

Mike Cuvelier

bestuurder

Ended

Mike Cuvelier

Manager

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates14/10/2022
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING
PDF
Registered office16/04/2019
MAATSCHAPPELIJKE ZETEL
PDF
Mandates14/03/2017
ONTSLAGEN - BENOEMINGEN
PDF
Mandates06/12/2016
ONTSLAGEN - BENOEMINGEN
PDF
Other24/05/2013
RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
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 2025349,9 k €↓
2024
Annual accounts 2024410,4 k €↓
2023
Annual accounts 2023418,5 k €↑
2022
Annual accounts 2022329,6 k €↓
2021
Annual accounts 2021335,7 k €↓
2020
Annual accounts 2020339,8 k €↑
2019
Annual accounts 2019140,6 k €↑
2018
Annual accounts 201852,1 k €↑
2017
Annual accounts 201719,3 k €↑
2016
Annual accounts 20164,3 k €↓
2015
Annual accounts 20156,6 k €↓
2014
Annual accounts 201419,7 k €
10/05/2013
IncorporationPrivate 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

CUMACO

Overview

What does CUMACO do?

Trend over 12 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