CULIMARY
ActiveThe computed 12-month bankruptcy probability of CULIMARY is 3.3% (moderate). The 2025 annual accounts show equity of €127k and a net result of €12k. Equity is growing by ~35% per year across the filed fiscal years. Its solvency ranks better than 70% of 13270 sector peers (fiscal year 2025). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
63
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability75▼-12
Solvency79▲+3
Growth78=
Track record94
Bankruptcy probability, 12 months
3.3%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €8k at 30 days acceptable
Liquidity ample (current ratio 1.83 against 1.62 in 2024; short-term debt: 46.1% and cash: 28.8% of total assets), and 46.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Sector 56
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
53.8%
Return on assets
5%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-07-2026, 4 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
4 d early
2024
29 d late
2023
6 d early
2022
141 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
22-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€127k▲ 10.3%
2024 · €115k
2022: €15k
2023: €83k
2024: €115k
2022 → 2025
Total assets
€236k▲ 5.4%
2024 · €224k
2022: €192k
2023: €215k
2024: €224k
2022 → 2025
Net result
€12k▼ 63.2%
2024 · €32k
2022: €251
2023: €68k
2024: €32k
2022 → 2025
Working capital
€91k▲ 33.4%
2024 · €68k
2022: €-85k
2023: €10k
2024: €68k
2022 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2022202320242025Trend
Equity€15k-€83k▲ 446%€115k▲ 38.7%€127k▲ 10.3%
Operating result€6k-€89k▲ 1,377%€41k▼ 53.6%€16k▼ 61.2%
Net result€251-€68k▲ 27,008%€32k▼ 52.6%€12k▼ 63.2%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 61% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €236k
Fixed assets
€37k▼ 22.2%
Current assets
€200k▲ 12.8%
Equity and liabilities €236k
Equity
€127k▲ 10.3%
Debt
€109k▲ 0.2%
The debt ratio falls from 48.6% to 46.2%. Equity and debt are higher.
Key figures and ratios
EBITDA
€35k▼
2024 · €57k
Cash flow
€31k▼
2024 · €48k
Solvency
53.8%▲
2024 · 51.4%
Current ratio
1.83▲
2024 · 1.62
Quick ratio
1.76▲
2024 · 1.56
Debt / equity
0.86▼
2024 · 0.94
ROE
9.3%▼
2024 · 27.9%
ROA
5.0%▼
2024 · 14.3%
Interest coverage
7.12▼
2024 · 10.68
Debt
€109k▲
2024 · €109k
Debt ≤ 1 year
€109k▼
2024 · €109k
Income taxes
€6k▼
2024 · €9k
Staff costs
€194k▲
2024 · €183k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€224k€236k▲
Formation expenses20€0-
Fixed assets21/28€48k€37k▼
Tangible fixed assets22/27€48k€37k▼
Plant, machinery and equipment23€45k€32k▼
Furniture and vehicles24€1k€5k▲
Other tangible fixed assets26€1k€153▼
Current assets29/58€177k€200k▲
Stocks and contracts in progress3€7k€7k▲
Stocks30/36€7k€7k▲
Amounts receivable within one year40/41€108k€122k▲
Trade receivables40€0-
Other amounts receivable41€108k€122k▲
Cash at bank and in hand54/58€28k€68k▲
Deferred charges and accrued income490/1€34k€2k▼
Equity and liabilities
Total equity and liabilities10/49€224k€236k▲
Equity10/15€115k€127k▲
Contributions10/11€15k€15k=
Reserves13€100k€112k▲
Distributable reserves133€100k€112k▲
Profit (loss) carried forward14€422€11▼
Amounts payable17/49€109k€109k▲
Amounts payable after more than one year17€0-
Financial debts170/4€0-
Amounts payable within one year42/48€109k€109k▼
Current portion of amounts payable after more than one year42€0-
Trade debts44€57k€62k▲
Suppliers440/4€57k€62k▲
Taxes, remuneration and social security45€52k€47k▼
Taxes450/3€51k€38k▼
Remuneration and social security454/9€2k€9k▲
Accrued charges and deferred income492/3€0€283▲
Income statement
Code20242025
Remuneration, social security and pensions62€183k€194k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€16k€19k▲
Other operating charges640/8€37k€4k▼
Gross operating margin9900€276k€233k▼
Operating profit (loss)9901€41k€16k▼
Financial income75/76B€6k€6k▲
Recurring financial income75€6k€6k▲
Financial charges65/66B€5k€5k▼
Recurring financial charges65€5k€5k▼
Profit (loss) for the period before taxes9903€42k€17k▼
Income taxes67/77€9k€6k▼
Profit (loss) for the period9904€32k€12k▼
Profit (loss) for the period to be appropriated9905€32k€12k▼
Appropriation of the result
Profit (loss) to be appropriated9906€32k€12k▼
Profit (loss) brought forward from the previous period14P€222€422▲
Transfer to equity691/2€32k€12k▼
To other reserves6921€32k€12k▼
The notes to these accounts (15 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
27-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
31-12
Financial
Equity above €100kEq €115k ▲38.7%
3 profitable years in a row build equity to €115k.
25-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Highest result since 2022net €68k ▲27008%
Operating result €89k, net result €68k, both a record.
31-12
Financial
Liquidity doublescurrent ratio 1.08
Current ratio from 0.52 to 1.08; short-term debt falls from €177k to €127k.
19-12
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 141 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Oostende · 1 establishment unit since 2021
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Albert I-Promenade 668400 OostendeGround area
600 m²
Building footprint
353 m²
Volume, LiDAR
6,801 m³
Parcel 35013A1595/13S000, Flanders · tallest building 32.7 m, ±10 floors. Linked by address, not a title deed.
1 establishment unit
Le Chevalier
since 20212.319.374.720
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 35013A1595/13S000 | Flanders | 600 m² | 1 · 353 m² | 32.7 m · 10 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
1 siteOostende2.319.374.720
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Of 20,495 companies in sector 56111 we hold annual accounts for 11,458. 9,285 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded03-07-2021
Fiscal year end31-12
Activities, NACEBEL
56101Full-service restaurants
56111Full-service restaurants
56210Event catering
56220Contract catering and other food service activities
56290Food and beverage service activities
70200Business and other management consultancy
70220Business consulting
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesWebsite:www.lechevalier.be
E-mail:info@lechevalier.be