ACTIVE

CUTHINGS

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Financial year 2025 · closed on 31/12/2025
Net result
61,3 k €
+308.2% YoY
Gross margin
908,4 k €
-12.2% YoY
Equity
-709,7 k €
+8.0% YoY
Workforce
11,8 ETP
-10.6% YoY

What does CUTHINGS do?

CUTHINGS is a Private limited company incorporated in 2014. Its main activity is: Forging, pressing, stamping and roll-forming of metal; powder metallurgy. Its registered office is in Zonhoven. It employs on average 11,8 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0556.825.728
Incorporation
24/07/2014
Legal form
Private limited company
Registered office
Zavelstraat 26
3520 Zonhoven · FlandreSee on map
Contributed capital
68 743,78 €
Latest accounts
31/12/2025
Average workforce
11,8 ETP
Activities (NACE)
25530Forging, pressing, stamping and roll-forming of metal; powder metallurgy· main25620Machining70200Management consultancy activities70220Business and other management consultancy activities
Joint committees (4)
  • 111
  • 11101
  • 209
  • 20900
Signals
ProfitablePositive cashflowPositive EBITDAHealthy social debts
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 10 financial years

2025202420232022202120202019201820162015
Income statement
Gross margin908,4 k €1 M €869,9 k €682,2 k €682,4 k €111,4 k €78,9 k €122,8 k €25,9 k €3,6 k €
EBITDA223,5 k €154,8 k €-14,8 k €-181,1 k €-100,6 k €58,3 k €59,8 k €104,4 k €8,9 k €3,3 k €
Operating result138 k €82,7 k €-90,7 k €-290,2 k €-214 k €25,9 k €13,4 k €32,2 k €-30 k €-27 k €
Net result61,3 k €-29,4 k €-157,1 k €-349,5 k €-288,5 k €8,3 k €7,9 k €28 k €-31,4 k €-28,1 k €
Balance sheet
Equity-709,7 k €-771 k €-741,5 k €-584,5 k €-235 k €51,7 k €43,4 k €35,5 k €7,5 k €38,9 k €
Total assets1,4 M €1,4 M €1,2 M €1,1 M €987,5 k €257,7 k €310,8 k €143 k €163,8 k €163,2 k €
Cash119,3 k €64,3 k €40,4 k €54,8 k €62 k €–2,3 k €7,8 k €20,9 k €16,5 k €
Debts2,1 M €2,2 M €1,9 M €1,7 M €1,2 M €206 k €267,4 k €107,5 k €156,2 k €124,3 k €
Other
Workforce11,8 ETP13,2 ETP14,8 ETP15,3 ETP9,0 ETP1,8 ETP0,8 ETP0,5 ETP0,7 ETP0,1 ETP
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 · 3 active · 13 ended

Active mandates

Ad Lemaco

Director · since 01 janvier 2026 · 1010.260.047

Represented by David Vanhaelst

Active
Uplastics Invest

Director · since 14 octobre 2024 · 1013.009.602

Represented by Wouter Frederix

Active
Four

Director · since 02 février 2021 · 0716.634.119

Represented by Kristof Weckx

Active

Ended mandates

Dirk Martens

Director · since 02 février 2021

Ended
MINDSHIFT

Director · since 02 février 2021 · 0474.443.331

Ended
Four

Director · since 01 janvier 2019 · 0716.634.119

Represented by Kristof Weckx

Ended
Four

Manager · since 01 janvier 2019 · 0716.634.119

Represented by Kristof Weckx

Ended
At this address

Other companies at this address

CompanyCBE no.
Four● Active
0716.634.119
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/04/202001/04/2019
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/03/2020
Length of the financial year12 months12 months12 months12 months21 months12 months
Filing date28/07/202629/08/202515/10/202420/11/202317/10/202226/08/2020
General meeting30/06/202630/07/202511/10/202417/11/202311/10/202217/08/2020
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

10 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202530/06/202628/07/2026DutchPDF
Abridged model31/12/202430/07/202529/08/2025DutchPDF
Abridged model31/12/202311/10/202415/10/2024DutchPDF
Abridged model31/12/202217/11/202320/11/2023DutchPDF
Abridged model31/12/202111/10/202217/10/2022DutchPDF
Abridged model31/03/202017/08/202026/08/2020DutchPDF
Abridged model31/03/201926/06/201926/07/2019DutchPDF
Abridged model31/03/201806/06/201803/07/2018DutchPDF
Abridged model30/06/201628/12/201612/01/2017DutchPDF
Abridged model30/06/201506/11/201502/12/2015DutchPDF
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 · 3 active · 13 ended

Active mandates

Ad Lemaco

Director · since 01 janvier 2026 · 1010.260.047

Represented by David Vanhaelst

Active
Uplastics Invest

Director · since 14 octobre 2024 · 1013.009.602

Represented by Wouter Frederix

Active
Four

Director · since 02 février 2021 · 0716.634.119

Represented by Kristof Weckx

Active

Ended mandates

Dirk Martens

Director · since 02 février 2021

Ended
MINDSHIFT

Director · since 02 février 2021 · 0474.443.331

Ended
Four

Director · since 01 janvier 2019 · 0716.634.119

Represented by Kristof Weckx

Ended
Four

Manager · since 01 janvier 2019 · 0716.634.119

Represented by Kristof Weckx

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates27/08/2026
    Benoemingen - Ontslagen
    PDF
  • Mandates18/11/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates22/02/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates13/01/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates12/02/2021
    WIJZIGING RECHTSVORM - DIVERSEN - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING - BOEKJAAR
    PDF
  • Restructuring31/12/2020
    WIJZIGING RECHTSVORM - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Mandates27/05/2019
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates11/12/2018
    MAATSCHAPPELIJKE ZETEL - 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 202561,3 k €↑
  2. 2024
    Annual accounts 2024-29,4 k €↑
  3. 2023
    Annual accounts 2023-157,1 k €↑
  4. 2022
    Annual accounts 2022-349,5 k €↓
  5. 2021
    Annual accounts 2021-288,5 k €↓
  6. 2020
    Annual accounts 20208,3 k €↑
  7. 2019
    Annual accounts 20197,9 k €↓
  8. 2018
    Annual accounts 201828 k €↑
  9. 2016
    Annual accounts 2016-31,4 k €↓
  10. 2015
    Annual accounts 2015-28,1 k €
  11. 24/07/2014
    IncorporationPrivate limited company