Result
-€30,799 -€30,799
From profit to loss in 2025, after a profit of €136,425 in 2024.
Culiplan
Lifetime
3 annual accounts with figures on one time axispeak €204,858 (2024)
€31,496▼ 84.6%
lowest -€122,636 (2023)
-€30,799▼ €167,224
peak €63,790 (2024)
€32,991▼ 48.3%
€348,156▼ 9.3%
peak 1 FTE (2024)
-not published
Board2 names since 2022
2 directorsWILLEKENS Koen Leo and 1 other
Documentsfilings and deeds
24-07-20267 days before the deadline
2025micro format
Gross margin from €204,858 to €31,496Loss of €30,799Equity from €63,790 to €32,991
Key points
from the 2025 annual accountsTurnover
≈ €180,000 estimated
The accounts state no turnover.
Debts
€348,156 91% of the balance sheet
Financial debts 51%Suppliers 7%Taxes and wages 1%Other 41%
Of this, €169,523 falls due within a year.
Liquidity
1.07 was 2.41 in 2024
Short-term debts rose from €100,339 to €169,523.
Starting capital
€50,000 50,000 shares
Position in the sector
-€30,799
Lower net result than 92% of companies in retail trade. Sector median €5,048 · 22,907 companies.
Checked score
66
Healthy
Financially stronger than 31% of micro companies in retail trade (NACE 47)
Probability in this band: 0.55% to 1.5%
Bankruptcy probability within 12 months
0.9% Low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.6% across 40,277 companies (NACE 47, micro).
About 9 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 2.7%highest value
01-2025: 1.4%▼ -1.3 percentage points vs 12-2024
02-2025: 1.3%▼ -0.1 percentage points vs 01-2025
03-2025: 1.3%● unchanged vs 02-2025
04-2025: 1.3%● unchanged vs 03-2025
05-2025: 1.4%▲ +0.1 percentage points vs 04-2025
06-2025: 0.7%▼ -0.7 percentage points vs 05-2025
07-2025: 0.7%● unchanged vs 06-2025
08-2025: 0.7%● unchanged vs 07-2025
09-2025: 0.8%▲ +0.1 percentage points vs 08-2025
10-2025: 0.8%● unchanged vs 09-2025
11-2025: 0.8%● unchanged vs 10-2025
12-2025: 0.8%● unchanged vs 11-2025
01-2026: 0.7%▼ -0.1 percentage points vs 12-2025
02-2026: 0.6%▼ -0.1 percentage points vs 01-2026lowest value
03-2026: 0.6%● unchanged vs 02-2026lowest value
04-2026: 0.6%● unchanged vs 03-2026
05-2026: 0.6%● unchanged vs 04-2026
06-2026: 0.6%● unchanged vs 05-2026
07-2026: 0.7%▲ +0.1 percentage points vs 06-2026
08-2026: 0.9%▲ +0.2 percentage points vs 07-2026
09-2026: 0.9%● unchanged vs 08-2026
10-2026: 0.9%● unchanged vs 09-2026
11-2026: 0.9%● unchanged vs 10-2026
Financial strengthWeak
Score breakdown
raises risk
Equity €32,991 (8.7% of total assets)
Loss of €30,799 (financial year 2025)
lowers risk
Size: total assets €381,146
Liquidity: current ratio 1.07, cash €105,883
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 26% of them on solvency, 70% on liquidity, 16% on profitability and 11% on growth.
The bankruptcy probability was computed on 10-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% went bankrupt within twelve months.
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).
Comparable companies, two years later
In July 2024, 1,301 companies had the same profile as Culiplan has now. Each dot stands for 4 companies, two years later.
92.5%
were still trading
1.6%
stopped another way
5.5%
went bankrupt
Another 0.3% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of Culiplan itself is lower: 0.9% within 12 months. It rests on far more data about Culiplan than the profile alone.
Test of the method
The method was tested on the 497,448 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 1,301 companies, not a prediction for Culiplan. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €2,000 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.07 (2.41 in 2024), below the usual 1.5. Short-term debt is 44.5% and cash 27.8% of total assets. 91.3% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises riskneutral
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 24-07-2026, 7 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
7 days early
2024
65 days early
2023
30 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 3 accounts on average 34 days before 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 2 July (3 of the last 3 accounts filed within 36 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
11-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
- WILLEKENS Koen Leo 25,001 sharesdeed of 01-06-2022
- VIJLE Ben Jérome 24,999 sharesdeed of 01-06-2022
Recent changes
Registered office moved within Wetteren
New registered office: Brusselsesteenweg 273 A, 9230 Wetteren · Previous registered office: Brusselsesteenweg 273, 9230 Wetteren · Appointment: Ben Vijle (director) · General meeting of 15-11-2022 · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0786637831
Incorporation
Founding capital of €50,000, 50,000 shares · Founders: WILLEKENS Koen Leo and VIJLE Ben Jérome · Appointment: WILLEKENS Koen Leo (director) · published on 01-06-2022 · Gazette deed
First establishment
Brusselsesteenweg 273, Wetteren
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| Culiplan Wetteren | €381,146 | €31,496 | 8.7% | - |
| SHC GROUP Heusden-Zolder | €371,152 | €35,939 | 13.1% | - |
| C.L.C.S. Theux | €317,532 | €47,466 | 18.0% | - |
| M-LABS Tongeren-Borgloon | €316,051 | €50,857 | 92.0% | - |
| Coffeeworks Torhout | €433,004 | €53,472 | 16.4% | - |
| Polat Group Genk | €231,201 | €36,040 | 33.8% | - |
| KAV INVEST Liège | €203,456 | €36,868 | 32.1% | - |
These companies have the same main activity as Culiplan: retail sale of electrical household appliances (NACE 47540). They are comparable in size and age: total assets between €203,000 and €433,000, founded between 2021 and 2023.
Official details
Source: KBO- Status
- Active since 30-05-2022Normal situation
- Activity
- Retail sale of electrical household appliancesNACE 47540and 1 other
- Joint committee
- 201Independent retail · annual accounts 2025
- Establishment unit
- 2.331.581.0809230 Wetteren, since 30-05-2022
- Financial year end
- 31 December
- Peppol
- Reachable since 15-06-2022
Annual accounts 2025
- €381,146▼ 14.9%
- Filing
- Filed on 24-07-2026, 7 days before the end of the filing period
Insights on Culiplan
Culiplan files the micro format. That format states no turnover. The gross margin rose from -€41,548 in 2023 to €31,496 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about Culiplan
- What is the company number of Culiplan?
- The company number of Culiplan is 0786.637.831. The VAT number is the same number with BE in front: BE 0786.637.831.
- Where is Culiplan based?
- The registered office is at Brusselsesteenweg 273, 9230 Wetteren.Company details
- What does Culiplan do?
- According to the KBO register, the main activity is retail sale of electrical household appliances (NACE 47540).
- What is the legal form of Culiplan?
- Culiplan is a private limited company (BV).
- When was Culiplan founded?
- Culiplan was founded on 30-05-2022.
- Is Culiplan still active?
- Yes, Culiplan is an active enterprise in the KBO register.
- How many employees does Culiplan have?
- Culiplan had an average of 1.9 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does Culiplan fall under?
- In its 2025 annual accounts, Culiplan states joint committee 201 (Independent retail).
- What is the turnover of Culiplan?
- The turnover in financial year 2025 is ≈ €180,000. This figure is estimated from the gross margin of €31,496 and 41 comparable companies (NACE 475). It probably lies between €140,000 and €280,000.
- Is Culiplan profitable?
- In financial year 2025, Culiplan made a loss of €30,799.
- Where can I find the annual accounts of Culiplan?
- Culiplan filed 3 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of Culiplan due?
- Culiplan must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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