CULTICHAMP
ActiveSummary
CULTICHAMP has been active since 1999 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.06M and a net result of €11k. Equity remains stable across the filed fiscal years (±1.1% per year). Its solvency ranks better than 52% of 479 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
66
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability58=
Solvency72▼-2
Growth71▲+1
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €65k at 30 days acceptable
Liquidity tight (current ratio 1.33 against 1.49 in 2024; short-term debt: 50.7% and cash: 1.9% of total assets), and 53% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises 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
47%
Return on assets
0.5%
Age of the figures
15 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 15-12-2025, 47 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
47 d early
2024
46 d early
2023
27 d early
2022
47 d early
2021
11 d early
2020
22 d late
2019
1 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 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close24-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
€4.38M▲ 9.1%
2024 · €4.02M
2020: €3.09M
2021: €4.78M
2022: €7.43M
2023: €4.55M
2024: €4.02M
2020 → 2025
EBIT margin
1.2%▲ 0.1pp
2024 · 1.1%
2020: -0.1%
2021: 4.3%
2022: 0.7%
2023: 0.3%
2024: 1.1%
2020 → 2025
Net result
€11k▼ 40.4%
2024 · €19k
2019: €-54k
2020: €31k
2021: €169k
2022: €28k
2023: €-2k
2024: €19k
2019 → 2025
Working capital
€377k▼ 10.9%
2024 · €423k
2019: €126k
2020: €176k
2021: €245k
2022: €322k
2023: €525k
2024: €423k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€4.78M-€7.43M▲ 55.6%€4.55M▼ 38.7%€4.02M▼ 11.8%€4.38M▲ 9.1%
Equity€1.01M-€1.04M▲ 2.4%€1.03M▼ 0.5%€1.05M▲ 1.5%€1.06M▲ 1.0%
Operating result€206k-€52k▼ 74.6%€13k▼ 75.0%€43k▲ 231%€51k▲ 18.2%
Net result€169k-€28k▼ 83.6%€-2k€19k€11k▼ 40.4%
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 18% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.25M
Fixed assets
€734k ▼ 12.7%
Current assets
€1.52M ▲ 18.4%
Equity and liabilities €2.25M
Equity
€1.06M ▲ 1.0%
Provisions
€1k ▼ 49.3%
Debt
€1.19M ▲ 11.2%
Debt's share of the balance-sheet total rises from 50.5% to 52.9%. Equity and debt are higher.
Key figures and ratios
EBITDA
€177k▼
2024 · €177k
Cash flow
€137k▼
2024 · €153k
Current ratio
1.33▼
2024 · 1.49
Quick ratio
1.28▼
2024 · 1.41
Debt to equity
1.12▲
2024 · 1.02
ROE
1.0%▼
2024 · 1.8%
ROA
0.5%▼
2024 · 0.9%
Interest coverage
6.33▲
2024 · 5.84
Debt ≤ 1 year
€1.14M▲
2024 · €859k
Debt > 1 year
€41k▼
2024 · €168k
Income taxes
€19k▲
2024 · €17k
Staff costs
€706k▲
2024 · €395k
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 · 85 lines
Balance sheet
Code20242025
Assets
Total assets20/58€2.12M€2.25M▲
Fixed assets21/28€841k€734k▼
Tangible fixed assets22/27€837k€730k▼
Land and buildings22€556k€527k▼
Plant, machinery and equipment23€61k€52k▼
Furniture and vehicles24€220k€150k▼
Financial fixed assets28€4k€4k=
Affiliated companies280/1€2k€2k=
Participating interests280€2k€2k=
Other financial fixed assets284/8€2k€2k=
Amounts receivable and cash guarantees285/8€2k€2k=
Current assets29/58€1.28M€1.52M▲
Amounts receivable after more than one year29€640k€540k▼
Other amounts receivable291€640k€540k▼
Stocks and contracts in progress3€67k€58k▼
Stocks30/36€67k€58k▼
Raw materials and consumables30/31€57k€48k▼
Goods purchased for resale34€10k€10k=
Amounts receivable within one year40/41€387k€808k▲
Trade receivables40€168k€766k▲
Other amounts receivable41€218k€42k▼
Current investments50/53€37€37=
Other investments51/53€37€37=
Cash at bank and in hand54/58€114k€43k▼
Deferred charges and accrued income490/1€75k€69k▼
Equity and liabilities
Total equity and liabilities10/49€2.12M€2.25M▲
Equity10/15€1.05M€1.06M▲
Contributions10/11€150k€150k=
Revaluation surpluses12€406k€406k=
Reserves13€490k€501k▲
Tax-exempt reserves132€6k€3k▼
Distributable reserves133€484k€497k▲
Investment grants15€3k€2k▼
Provisions and deferred taxes16€3k€1k▼
Deferred taxes168€3k€1k▼
Amounts payable17/49€1.07M€1.19M▲
Amounts payable after more than one year17€168k€41k▼
Financial debts170/4€168k€41k▼
Credit institutions173€93k€41k▼
Other loans174€75k€0▼
Amounts payable within one year42/48€859k€1.14M▲
Current portion of amounts payable after more than one year42€243k€128k▼
Financial debts43€24k€24k▼
Credit institutions430/8€24k€24k▼
Trade debts44€485k€747k▲
Suppliers440/4€485k€747k▲
Taxes, remuneration and social security45€107k€136k▲
Taxes450/3€81k€79k▼
Remuneration and social security454/9€26k€57k▲
Other amounts payable47/48€0€107k▲
Accrued charges and deferred income492/3€44k€9k▼
Income statement
Code20242025
Operating income70/76A€4.09M€4.50M▲
Turnover70€4.02M€4.38M▲
Change in stocks of work in progress, finished goods and contracts in progress71€0-
Other operating income74€77k€108k▲
Non-recurring operating income76A€0€6k▲
Operating charges60/66A€4.05M€4.45M▲
Goods for resale, raw materials and consumables60€2.97M€2.98M▲
Purchases600/8€2.98M€2.97M▼
Change in stocks: decrease (increase)609€-13k€9k▲
Services and other goods61€520k€575k▲
Remuneration, social security and pensions62€395k€706k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€134k€126k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€5k€0▼
Other operating charges640/8€27k€56k▲
Operating profit (loss)9901€43k€51k▲
Financial income75/76B€22k€7k▼
Recurring financial income75€22k€7k▼
Income from current assets751€19k€6k▼
Other financial income752/9€3k€581▼
Financial charges65/66B€31k€29k▼
Recurring financial charges65€31k€29k▼
Debt charges650€30k€28k▼
Other financial charges652/9€1k€1k▼
Profit (loss) for the period before taxes9903€34k€29k▼
Transfer from deferred taxes780€2k€1k▼
Income taxes67/77€17k€19k▲
Taxes670/3€17k€19k▲
Profit (loss) for the period9904€19k€11k▼
Transfer from tax-exempt reserves789€3k€3k=
Profit (loss) for the period to be appropriated9905€21k€14k▼
Appropriation of the result
Profit (loss) to be appropriated9906€21k€14k▼
Transfer to equity691/2€21k€14k▼
To other reserves6921€21k€14k▼
Social balance
Average headcount (FTE)90878.812.9▲
The notes to these accounts (62 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
15-12
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2024
16-12
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
30-06
Financial
Back to profitnet €19k
Net result €19k after one loss-making year.
04-01
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2022
15-12
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
20-01
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
30-06
Financial
Highest result since 2019net €169k ▲451%
Operating result €206k, net result €169k, both a record.
30-06
Financial
Equity above €1MEq €1.01M ▲1.6%
2 profitable years in a row build equity to €1.01M.
22-02
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 22 days late
2020
30-06
Financial
Back to profitnet €31k
Net result €31k after one loss-making year.
30-01
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-01
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
19-01
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
28-02
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 28 days late
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, Ingelmunster · 3 establishment units since 1999
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.
Oostrozebekestraat 2158770 IngelmunsterGround area
1.6 ha
Building footprint
991 m²
Volume, LiDAR
5,869 m³
3 parcels, Flanders · tallest building 9.3 m, ±2 floors. Linked by address, not a title deed.
3 establishment units
Muzzroom
since 19992.092.423.622
Muzzroom
since 19992.092.423.721
Cultichamp
since 20162.249.861.055
3 parcels
Flanders
3
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 36007B0963/00A003 | Flanders | 1.5 ha | 1 · 697 m² | 6.8 m · 2 fl. |
| 36007B1376/00E000 | Flanders | 950 m² | 1 · 149 m² | 7.5 m · 2 fl. |
| 37302E0739/00W000 | Flanders | 334 m² | 1 · 146 m² | 9.3 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 2
3 of 3 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 · 1 entry · 369 EUR awarded · 369 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 369 EUR | 369 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Food safety, FASFC
2 sitesTielt2.092.423.622
Ingelmunster2.249.861.055
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BE 0454.521.313
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BERTELS
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Duffel · Eq €1,051,516
DE VOSSEPUT
BE 0477.552.180
Wingene · Eq €1,070,908
Ferme WAUTELET
BE 0550.634.356
Hannut · Eq €1,047,199
vanRijsingensource Belgium
BE 0458.884.333
Oudsbergen · Eq €1,041,004
Of 3,625 companies in sector 01130 we hold annual accounts for 789. 588 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
Founded10-09-1999
Fiscal year end30-06
Activities, NACEBEL 2025
01130Growing of vegetables, melons, roots and tubers
Sources
Crossroads Bank for EnterprisesNational Bank · 25 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.