Culivair
ActiveSummary
Culivair has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €885k and a net result of €204k. Equity is growing by ~28.6% per year across the filed fiscal years. Its solvency ranks better than 91% of 1736 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
91
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability94▼-6
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €80k at 30 days acceptable
Liquidity ample (current ratio 7.06 against 5.75 in 2024; short-term debt: 10.7% and cash: 18.8% of total assets), and 13.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 01
Relative position
BE, all sectors
reference
Sector 01
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
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
86.3%
Return on assets
19.9%
Age of the figures
18 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 31-10-2025, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
on the day
2024
41 d late
2023
on the day
2022
9 d late
2021
5 d late
2020
24 d late
2019
27 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close24-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€885k▲ 29.9%
2024 · €681k
2019: €199k
2020: €247k
2021: €282k
2022: €372k
2023: €466k
2024: €681k
2019 → 2025
Total assets
€1.03M▲ 24.4%
2024 · €825k
2019: €437k
2020: €462k
2021: €426k
2022: €451k
2023: €774k
2024: €825k
2019 → 2025
Net result
€204k▼ 5.1%
2024 · €215k
2019: €16k
2020: €48k
2021: €35k
2022: €89k
2023: €178k
2024: €215k
2019 → 2025
Working capital
€665k▲ 48.0%
2024 · €449k
2019: €81k
2020: €132k
2021: €162k
2022: €219k
2023: €250k
2024: €449k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€282k-€372k▲ 31.7%€466k▲ 25.5%€681k▲ 46.1%€885k▲ 29.9%
Operating result€52k-€126k▲ 143%€252k▲ 99.6%€297k▲ 17.8%€294k▼ 0.9%
Net result€35k-€89k▲ 155%€178k▲ 98.9%€215k▲ 21.0%€204k▼ 5.1%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 1% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.03M
Fixed assets
€251k ▼ 10.5%
Current assets
€774k ▲ 42.4%
Equity and liabilities €1.03M
Equity
€885k ▲ 29.9%
Debt
€141k ▼ 1.9%
Debt's share of the balance-sheet total falls from 17.4% to 13.7%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€345k▲
2024 · €343k
Cash flow
€255k▼
2024 · €261k
Current ratio
7.06▲
2024 · 5.75
Quick ratio
5.17▲
2024 · 3.56
Debt to equity
0.16▼
2024 · 0.21
ROE
23.0%▼
2024 · 31.5%
ROA
19.9%▼
2024 · 26.1%
Interest coverage
116.83▲
2024 · 76.37
Debt ≤ 1 year
€110k▲
2024 · €95k
Debt > 1 year
€31k▼
2024 · €49k
Income taxes
€91k▲
2024 · €80k
Staff costs
€186k▲
2024 · €149k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 57 lines
Balance sheet
Code20242025
Assets
Total assets20/58€825k€1.03M▲
Fixed assets21/28€281k€251k▼
Tangible fixed assets22/27€281k€251k▼
Land and buildings22€138k€136k▼
Plant, machinery and equipment23€78k€70k▼
Furniture and vehicles24€65k€46k▼
Current assets29/58€544k€774k▲
Stocks and contracts in progress3€207k€207k▲
Stocks30/36€207k€207k▲
Amounts receivable within one year40/41€114k€117k▲
Trade receivables40€93k€106k▲
Other amounts receivable41€21k€12k▼
Current investments50/53-€250k
Cash at bank and in hand54/58€217k€193k▼
Deferred charges and accrued income490/1€5k€7k▲
Equity and liabilities
Total equity and liabilities10/49€825k€1.03M▲
Equity10/15€681k€885k▲
Contributions10/11€80k€80k=
Reserves13€601k€805k▲
Tax-exempt reserves132€109k€109k=
Distributable reserves133€491k€695k▲
Profit (loss) carried forward14€0-
Amounts payable17/49€143k€141k▼
Amounts payable after more than one year17€49k€31k▼
Financial debts170/4€49k€31k▼
Amounts payable within one year42/48€95k€110k▲
Current portion of amounts payable after more than one year42€28k€18k▼
Financial debts43€4k€4k=
Credit institutions430/8€4k€4k=
Trade debts44€23k€32k▲
Suppliers440/4€23k€32k▲
Taxes, remuneration and social security45€23k€32k▲
Taxes450/3€11k€17k▲
Remuneration and social security454/9€13k€15k▲
Other amounts payable47/48€16k€24k▲
Income statement
Code20242025
Non-recurring operating income76A€2k€0▼
Remuneration, social security and pensions62€149k€186k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€46k€51k▲
Other operating charges640/8€4k€4k▼
Gross operating margin9900€496k€535k▲
Operating profit (loss)9901€297k€294k▼
Financial income75/76B€3k€4k▲
Recurring financial income75€3k€4k▲
Financial charges65/66B€4k€3k▼
Recurring financial charges65€4k€3k▼
Profit (loss) for the period before taxes9903€295k€295k▼
Income taxes67/77€80k€91k▲
Profit (loss) for the period9904€215k€204k▼
Transfer to tax-exempt reserves689€109k€0▼
Profit (loss) for the period to be appropriated9905€106k€204k▲
Appropriation of the result
Profit (loss) to be appropriated9906€106k€204k▲
Transfer from equity791/2€0-
Transfer to equity691/2€106k€204k▲
To other reserves6921€106k€204k▲
Profit to be distributed694/7€0-
Return on contributions (dividend)694€0-
Social balance
Average headcount (FTE)9087-4.0
The notes to these accounts (14 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
2025
31-10
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2024
11-12
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 41 days late
31-03
Financial
Highest result since 2019net €215k ▲21%
Operating result €297k, net result €215k, both a record.
31-03
Financial
Liquidity triplescurrent ratio 5.75
Current ratio from 1.99 to 5.75; short-term debt falls from €251k to €95k.
31-03
Financial
Equity above €500kEq €681k ▲46.1%
6 profitable years in a row build equity to €681k.
2023
31-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2022
09-11
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 9 days late
2021
05-11
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 5 days late
2020
24-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 24 days late
31-03
Financial
Equity above €200kEq €247k ▲23.9%
2 profitable years in a row build equity to €247k.
2019
04-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
24-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
11-10
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2016
26-09
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 acts for this company are 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, Sint-Katelijne-Waver · 1 establishment unit since 2009
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.
Mechelsesteenweg(CEN) 992860 Sint-Katelijne-WaverGround area
1,489 m²
Building footprint
282 m²
Volume, LiDAR
1,190 m³
2 parcels, Flanders · tallest building 11.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Culivair
since 20092.178.828.549
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12035B0717/00Z000 | Flanders | 955 m² | 1 · 178 m² | 11.7 m · 2 fl. |
| 12035B0728/00M005 | Flanders | 534 m² | 1 · 104 m² | 0.1 m |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2023 to 2025 · 4 entries · 5,044 EUR awarded · 5,044 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 2 | 4,284 EUR | 4,284 EUR |
| 2024 | 1 | 400 EUR | 400 EUR |
| 2023 | 1 | 360 EUR | 360 EUR |
Schemes
Investeringssteun voor land- en tuinbouwers
Subsidie voor controlekosten voor de biologische landbouw
Recognitions · licences · registrations
Food safety, FASFC
1 siteSint-Katelijne-Waver2.178.828.549
Similar companies · same sector, comparable size
Land, Farm & Men
BE 0563.746.479
Fernelmont · Eq €893k
CONDI - PLANTS
BE 0455.883.370
Gembloux · Eq €848k
Fruit Service Collective
BE 0839.007.537
Hoogstraten · Eq €978k
GONITRADING
BE 0841.664.941
Sint-Katelijne-Waver · Eq €1.03M
BERLO
BE 0894.393.943
Bierbeek · Eq €757k
Of 154 companies in sector 01630 we hold annual accounts for 62. 47 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded22-06-2009
Fiscal year end31-03
Activities, NACEBEL 2025
01130Growing of vegetables, melons, roots and tubers
01630Crop and animal production, hunting and related service activities
01280Crop and animal production, hunting and related service activities
Sources
Crossroads Bank for EnterprisesNational Bank · 15 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.