ACTIVE

CULIMAT

Financial year 2025 · closed on 31/12/2025
Net result
456,1 k €
+86.4% YoY
Gross margin
1,4 M €
+19.7% YoY
Equity
779,3 k €
+0.8% YoY
Workforce
8,1 ETP
+11.0% YoY

What does CULIMAT do?

CULIMAT is a Private limited company incorporated in 2004. Its main activity is: Wholesale of machinery for the textile industry and of sewing and knitting machines. Its registered office is in Harelbeke. It employs on average 8,1 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0864.423.814
Incorporation
31/03/2004
Legal form
Private limited company
Registered office
Brugsesteenweg 42/2
8531 Harelbeke · FlandreSee on map
Contributed capital
37 200,00 €
Latest accounts
31/12/2025
Average workforce
8,1 ETP
Joint committees (2)
  • 100
  • 218
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 12 financial years

202520242023202220212020201920182017201620142006
Income statement
Gross margin1,4 M €1,2 M €1,5 M €1,7 M €1,2 M €890,7 k €1,6 M €1,5 M €951,8 k €767,9 k €326,5 k €151,6 k €
EBITDA626,5 k €404,7 k €578,4 k €903,5 k €695,5 k €356,8 k €1 M €982,2 k €567,2 k €451,2 k €147,9 k €57,2 k €
Operating result610,8 k €389,7 k €559,3 k €887,2 k €568,4 k €333,3 k €1 M €939,2 k €530 k €411,5 k €136,3 k €48,1 k €
Net result456,1 k €244,7 k €393,5 k €588,4 k €397,2 k €249 k €892,2 k €853,1 k €419,6 k €246,9 k €11,5 k €-13,7 k €
Balance sheet
Equity779,3 k €773,1 k €778,4 k €834,9 k €746,5 k €849,3 k €663,2 k €496,7 k €326,3 k €161,9 k €33,3 k €5,1 k €
Total assets2,6 M €2,3 M €2,9 M €2,8 M €2,5 M €2,4 M €2,4 M €2,1 M €1,6 M €1,5 M €878,3 k €821,6 k €
Cash417,9 k €215,5 k €597,5 k €810,7 k €911,4 k €674,8 k €503,1 k €342,9 k €355 k €251,8 k €89,6 k €75 €
Debts1,8 M €1,5 M €2,1 M €1,9 M €1,8 M €1,6 M €1,7 M €1,6 M €1,2 M €1,3 M €844,7 k €816,5 k €
Other
Workforce8,1 ETP7,3 ETP7,8 ETP6,6 ETP6,4 ETP7,7 ETP6,5 ETP4,5 ETP2,4 ETP2,3 ETP2,7 ETP3,0 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 31/12/2025 · 2 active · 15 ended

Active mandates

4FOOD

Director · 0694.941.157

Represented by WIM MAURAU

Active
Baurooy

Director · 0765.378.203

Represented by ANN BOOY

Active

Ended mandates

4FOOD

Director · since 23 octobre 2023 · 0694.941.157

Represented by MIEKE VANACKER

Ended
Baurooy

Director · since 23 octobre 2023 · 0765.378.203

Represented by WIM MAURAU

Ended
Baurooy

Director · since 28 mai 2021 · 0765.378.203

Represented by WIM MAURAU

Ended
JUMICO

Director · since 28 mai 2021 · 0562.920.692

Represented by MIEKE VANACKER

Ended
At this address

Other companies at this address

CompanyCBE no.
WM-InfinityActive
0766.595.255
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
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 date11/07/202625/06/202529/06/202426/05/202328/07/202230/08/2021
General meeting20/05/202621/05/202515/05/202417/05/202318/05/202229/06/2021
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

20 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202520/05/202611/07/2026DutchPDF
Abridged model31/12/202421/05/202525/06/2025DutchPDF
Abridged model31/12/202315/05/202429/06/2024DutchPDF
Abridged model31/12/202217/05/202326/05/2023DutchPDF
Abridged model31/12/202118/05/202228/07/2022DutchPDF
Abridged model31/12/202029/06/202130/08/2021DutchPDF
Abridged model31/12/201930/06/202031/08/2020DutchPDF
Abridged model31/12/201815/05/201922/07/2019DutchPDF
Abridged model31/12/201729/04/201822/07/2018DutchPDF
Abridged model31/12/201617/05/201727/07/2017DutchPDF
Abridged model31/12/201518/05/201625/07/2016DutchPDF
Abridged model31/12/201420/05/201506/07/2015DutchPDF
Abridged model31/12/201309/05/201402/06/2014DutchPDF
Abridged model31/12/201215/05/201316/05/2013DutchPDF
Abridged model31/12/201125/06/201206/07/2012DutchPDF
Abridged model31/12/201018/05/201117/06/2011DutchPDF
Abridged model31/12/200925/06/201013/07/2010DutchPDF
Abridged model31/12/200820/05/200908/06/2009DutchPDF
Abridged model31/12/200721/05/200826/08/2008DutchPDF
Abridged model31/12/200616/05/200713/07/2007DutchPDF
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 31/12/2025 · 2 active · 15 ended

Active mandates

4FOOD

Director · 0694.941.157

Represented by WIM MAURAU

Active
Baurooy

Director · 0765.378.203

Represented by ANN BOOY

Active

Ended mandates

4FOOD

Director · since 23 octobre 2023 · 0694.941.157

Represented by MIEKE VANACKER

Ended
Baurooy

Director · since 23 octobre 2023 · 0765.378.203

Represented by WIM MAURAU

Ended
Baurooy

Director · since 28 mai 2021 · 0765.378.203

Represented by WIM MAURAU

Ended
JUMICO

Director · since 28 mai 2021 · 0562.920.692

Represented by MIEKE VANACKER

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates14/07/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates25/10/2023
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - BENAMING - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates23/06/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates23/02/2017
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office13/07/2016
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Restructuring18/09/2015
    KAPITAAL - AANDELEN - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Restructuring04/05/2015
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Mandates20/03/2015
    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 2025456,1 k €
  2. 2024
    Annual accounts 2024244,7 k €
  3. 2023
    Annual accounts 2023393,5 k €
  4. 2022
    Annual accounts 2022588,4 k €
  5. 2021
    Annual accounts 2021397,2 k €
  6. 2020
    Annual accounts 2020249 k €
  7. 2019
    Annual accounts 2019892,2 k €
  8. 2018
    Annual accounts 2018853,1 k €
  9. 2017
    Annual accounts 2017419,6 k €
  10. 2016
    Annual accounts 2016246,9 k €
  11. 2014
    Annual accounts 201411,5 k €
  12. 2014
    Name changeCULIMAT
  13. 2006
    Annual accounts 2006-13,7 k €
  14. 2006
    Name changeVERSELE LOGISTIC SERVICES
  15. 31/03/2004
    IncorporationPrivate limited company