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CULINARY DEVELOPMENT

Active Private limited companyfounded 2012active for 13 yearsWilleriekendreef 3, 1170 Watermael-BoitsfortKBO/BCE: BE 0508.556.944

Annual accounts 2025

micro format, filed on 27-08-2026, 27 days late
€43,657
▲ 12.1%
€29,505
▲ 23.7%
€16,631
▲ 32.9%
-€59,116
▼ €2,746
16.9%
▲ 4.8 percentage points
0.10
▼ 0.04

Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.

Turnover ≈ €130,000. Estimated: probably between €76,000 and €170,000.

Balance sheet

balance sheet total €384,052 on 31-12-2025
What the company ownsHow it is paid for

in euro

in euro

Position in the sector

16.9%

Higher than 21% of 39,368 companies in 2025.

0.10

Lower than 95% of 38,051 companies in 2025.

4.3%

Higher than 30% of 38,523 companies in 2025.

CULINARY DEVELOPMENT Middle half of the sector 80% of the sector Micro accounts in head offices and management consultancy (NACE 70)

Net result: middle half · Equity: middle half · Balance sheet total: middle half · Working capital: bottom quarter

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend202520242023202220212020201920182017201620152014
Balance sheet: assets
20/58 384,052399,618410,592423,040436,191448,655459,165471,043484,566500,0929,30311,688
20 --0---------
21/28 377,154390,139403,125416,110429,096442,081455,066468,052481,037494,023--
22/27 377,154390,139403,125416,110429,096442,081455,066468,052481,037494,023--
22 377,154390,139403,125416,110429,096442,081455,066468,052481,037494,023--
29/58 6,8989,4797,4686,9307,0966,5744,0992,9913,5296,0699,30311,688
40/41 2,084-5,5005,5006,8055,5002,5002,5002,500-7,59510,059
40 2,084-5,5005,5006,8055,5002,5002,5002,500--0
41 ----------7,59510,059
54/58 1,1409,4791,9681,4302911,0741,5994911,0296,0691,7071,630
490/1 3,674-----------
Balance sheet: equity and liabilities
10/49 384,052399,618410,592423,040436,191448,655459,165471,043484,566500,0929,30311,688
10/15 64,74348,11335,60127,00913,43920,02523,36012,1312,876-6,5558,95710,767
10/11 13,64013,64013,64012,40012,40012,40012,40012,40012,40012,40012,40012,400
10 ---12,40012,400-------
100 ---18,60018,60018,60018,60018,60018,60018,60018,60018,600
101 ---6,2006,2006,2006,2006,2006,2006,2006,2006,200
13 28,00012,000-1,2401,2401,24010,600-----
130/1 ---1,2401,2401,240------
130 ---1,2401,2401,240600-----
132 ------10,000-----
133 28,00012,000----------
14 23,10322,47321,96113,369-2016,385360-269-9,524-18,955-3,443-1,633
17/49 319,308351,505374,991396,030422,752428,629435,806458,912481,690506,647346922
17 253,294281,982310,031339,714364,271405,512405,512418,233443,250476,710--
170/4 169,862198,549226,598256,281280,838322,079322,079334,800359,817384,277--
178/9 83,43383,43383,43383,43383,43383,43383,43383,43383,43392,433--
42/48 66,01465,84964,96056,31658,48123,11730,29440,67938,44029,937346922
42 31,42728,04928,04938,05741,8764,25612,72125,01727,19923,916--
44 12,11911,86411,6238,6198,73610,4259,7407,6475,4412,721346922
440/4 12,11911,86411,6238,6198,73610,4259,7407,6475,4412,721346922
46 -----------0
45 2,8686,3365,6882,5612,0692,6362,0321,465---0
450/3 2,8686,3365,6882,5612,0692,6362,0321,465---0
47/48 19,60019,60019,6007,0805,8005,8005,8006,5505,8003,300-0
492/3 -3,674----------
Income statement
9900 43,65738,93336,51933,83615,95117,33734,34433,93534,15513,831-2,397-95
630 12,98512,98514,58512,98512,98512,98512,98512,98512,98515,210--
640/8 1,1662,100732-1,6903481,6531,5402,5649,781-704
9901 29,50523,84821,20220,8511,2754,00419,70519,41018,605-11,160-2,397-799
75/76B ---------1667900
75 ---------1667900
65/66B 5,0065,0009,4834,7207,8116,2517,9098,6409,1744,35280268
65 5,0065,0009,4834,7207,8116,2517,9098,6409,1744,35280268
9903 24,49918,84811,71916,131-6,536-2,24711,79610,7709,431-15,512-1,810-167
67/77 7,8686,3363,1272,561501,0885671,515----
9904 16,63112,5128,59113,570-6,586-3,33511,2299,2559,431-15,512-1,810-167
789 -----10,000------
689 ------10,000-----
9905 16,63112,5128,59113,570-6,5866,6661,2299,2559,431-15,512-1,810-167
Appropriation of the result
9906 39,10334,47321,96113,369-2017,025960-269-9,524-18,955-3,443-1,633
14P 22,47321,96113,369-2016,385-------
791/2 --1,240---------
691/2 16,00012,0001,240--640600-----
691 --1,240---------
6920 -----640600-----
6921 16,00012,000----------
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The notes to these accounts have 6 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Source: Annual accounts 2025 at the NBB, filed on 27-08-2026.

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Filings

each dot is a set of accounts, on the day it reached the National Bank

2025 annual accounts filed 27 days after the deadline. Filed on 27 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00431681.

Financial year Type Filed Reference Document
31-12-2025 micro format 27-08-2026 2026-00431681 PDF
31-12-2024 micro format 26-09-2025 2025-00505906 PDF
31-12-2023 micro format 30-08-2024 2024-00401502 PDF
31-12-2022 micro format 29-08-2023 2023-00365908 PDF
31-12-2021 micro format 25-08-2022 2022-20315600 PDF
31-12-2020 micro format 20-08-2021 2021-50900316 PDF
31-12-2019 micro format 29-09-2020 2020-56500448 PDF
31-12-2018 micro format 30-09-2019 2019-67300461 PDF
31-12-2017 micro format 30-08-2018 2018-56100435 PDF
31-12-2016 full format 13-03-2018 2018-06800062 PDF
31-12-2015 full format 10-11-2017 2017-69500503 PDF
31-12-2014 full format 03-02-2016 2016-04100087 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend202520242023202220212020201920182017201620152014
42,49136,83335,78733,83614,26016,99032,69032,39631,5914,050--
29,61625,49723,17726,5566,3999,65124,21522,24022,416-301--
001,600000000509,233--
-8,3397,5115381,139-782-5251,108-538-5,0404,36277-
-59,116-56,370-57,493-49,387-51,386-16,544-26,195-37,688-34,912-23,8688,95710,767
16.9%12.0%8.7%6.4%3.1%4.5%5.1%2.6%0.6%-1.3%96.3%92.1%
0.100.140.110.120.120.280.140.070.090.2026.8912.68
4.937.3110.5314.6631.4621.4018.6637.83--0.040.09
25.7%26.0%24.1%50.2%-49.0%-16.7%48.1%76.3%327.9%--20.2%-1.6%
4.3%3.1%2.1%3.2%-1.5%-0.7%2.4%2.0%1.9%-3.1%-19.5%-1.4%
8.497.373.777.171.83-------

A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.

Insights on CULINARY DEVELOPMENT

The operating result for 2025 is 24% higher than in 2024 and the highest since 2014. It is the fourth rise in a row, after the fall in 2021.

Debt's share of the balance-sheet total falls from 88.0% to 83.1%. Equity is higher and debt is lower.

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