Skip to content

CULIKADO

Active
Private limited company (pre-2019)founded 2003active for 23 yearsGeldmuntstraat 11, 8000 Brugge, BelgiumKBO/BCE: BE 0861.220.438

From the official registers: KBO 22 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

CULIKADO has been active since 2003 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €116,737 and a net result of €8,137. Equity has been growing by about 14% per year since 2018. Its solvency ranks better than 68% of 12,757 sector peers (NACE 47, financial year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).

Overview

Official details

KBO
Status
Active since 22-10-2003 Normal situation
Activity
Other retail sale of food NACE 47279and 1 other
Establishment unit
2.135.554.275 8000 Brugge, since 22-10-2003
Financial year end
31 December
Peppol
Reachable since 17-02-2026

Board and ownership

Board
  • Declercq BenoitDirector

Financial position

84 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.4%
Annual accounts 2025
Gross margin
€77,230
▲ 48.6%
Turnover
≈ €590,000
estimated
Profit
€8,137
Equity
€116,737
▲ 7.5%
Total assets
€215,791
▼ 9.0%
Staff
2 FTE
▲ 5.3%
Filed on 31-08-2026, 31 days after the deadlineat the National Bank
Score breakdownraises riskLast filed accounts filed 31 days late; 3 of the last 3 accounts lateSize: total assets €215,791lowers riskFounded in 2003Liquidity: current ratio 2.18, cash €36,579Show the evidence

Checked score

Score 2025
84 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 50% of micro companies in retail trade (NACE 47)
Financial strength · tick: 2024
Average
Solvency 79+8
equity 54.1% of total assets
Liquidity 49-2
short-term debt 45.8% · cash 17.0%
Profitability 34+25
return on assets 3.8%
Bankruptcy probability within 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%

About 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.6% (40,270 companies, NACE 47, micro)
Last 24 months 11-2024: 0.3% 12-2024: 0.3%● unchanged vs 11-2024 01-2025: 0.3%● unchanged vs 12-2024 02-2025: 0.3%● unchanged vs 01-2025 03-2025: 0.3%● unchanged vs 02-2025 04-2025: 0.2%▼ -0.1 percentage points vs 03-2025 05-2025: 0.2%● unchanged vs 04-2025 06-2025: 0.2%● unchanged vs 05-2025lowest value 07-2025: 0.2%● unchanged vs 06-2025 08-2025: 0.3%▲ +0.1 percentage points vs 07-2025 09-2025: 0.4%▲ +0.1 percentage points vs 08-2025 10-2025: 0.5%▲ +0.1 percentage points vs 09-2025 11-2025: 0.6%▲ +0.1 percentage points vs 10-2025 12-2025: 1.0%▲ +0.4 percentage points vs 11-2025 01-2026: 1.0%● unchanged vs 12-2025 02-2026: 1.0%● unchanged vs 01-2026 03-2026: 1.0%● unchanged vs 02-2026 04-2026: 1.0%● unchanged vs 03-2026 05-2026: 0.9%▼ -0.1 percentage points vs 04-2026 06-2026: 0.9%● unchanged vs 05-2026 07-2026: 0.9%● unchanged vs 06-2026 08-2026: 1.2%▲ +0.3 percentage points vs 07-2026highest value 09-2026: 0.4%▼ -0.8 percentage points vs 08-2026 10-2026: 0.4%● unchanged vs 09-2026
Credit of up to €9,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 2.18 (2.0 in 2024), above the usual 1.5. Short-term debt is 45.8% and cash 17% of total assets. 45.9% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 47, micro). It does better than 68% of them on solvency, 49% on liquidity, 27% on profitability and 56% on growth.

The bankruptcy probability was computed on 31-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises risk
raises risk · Last filed accounts filed 31 days late; 3 of the last 3 accounts late
NBB · filings
lowers risk · Founded in 2003
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Liquidity: current ratio 2.18, cash €36,579
NBB · annual accounts
raises risk · Size: total assets €215,791
Companies of this size fail more often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · 2025 accounts filed 31 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
31 days late
2024
95 days late
2023
33 days late
2022
60 days late
2021
57 days late
2020
89 days late
2019
102 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 67 days after the deadline. In the sector (NACE 47), the median for financial year 2024 was on the deadline day, and 47% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 26 September (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
01-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Comparable companies

These companies have the same main activity as CULIKADO: other retail sale of food (NACE 47279). They are comparable in size and age: total assets between €210,000 and €246,000, founded between 2004 and 2006.

CompanyTotal assetsGross margin
CULIKADO Brugge€215,791€77,230
NETSENSE Peer€219,107€82,085
L'UNIVERS DES SIMPLES - HERBORISTERIE Arlon€209,980€87,825
VILARBEL Etterbeek€231,550€94,716
The Hills Hemiksem€236,665€61,528
Het Buskruid Lummen€229,037€66,410
PRALINES VERHEECKE Brugge€246,349€105,502
Full comparison

Documents

Annual accounts at the NBB

All 22 annual accounts

Acts in the Belgian Official Gazette

All publications in the Belgian Official Gazette

Articles and registers

Key facts about CULIKADO

What is the company number of CULIKADO?
The company number of CULIKADO is 0861.220.438. The VAT number is the same number with BE in front: BE 0861.220.438.
Where is CULIKADO based?
The registered office is at Geldmuntstraat 11, 8000 Brugge.Company details
What does CULIKADO do?
According to the KBO register, the main activity is other retail sale of food (NACE 47279).
What is the legal form of CULIKADO?
The legal form of CULIKADO is Private limited company (pre-2019) (BVBA).
When was CULIKADO founded?
CULIKADO was founded on 22-10-2003.
Is CULIKADO still active?
Yes, CULIKADO is an active enterprise in the KBO register.
How many employees does CULIKADO have?
CULIKADO had an average of 2 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of CULIKADO?
The turnover in financial year 2025 is ≈ €590,000. This figure is estimated from the gross margin of €77,230 and 62 comparable companies (NACE 472). It probably lies between €290,000 and €910,000.
Is CULIKADO profitable?
In financial year 2025, CULIKADO made a profit of €8,137.
Where can I find the annual accounts of CULIKADO?
CULIKADO filed 22 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts at the National Bank
When are the next annual accounts of CULIKADO due?
CULIKADO must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

Next steps

See how customers, suppliers and banks see your own company and what to improve first.

Keep this company with today's facts in a case file.