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Generated 31-07-2026
Active BE 0597.845.147Private limited company

SCHMIDT culina

Bahnhofstrasse 5 ·4760 Büllingen, Belgium· 11 yrs active
Sector: Food manufacturing (10850)
Conclusion Checked

The computed 12-month bankruptcy probability of SCHMIDT culina is 0.9% (low). The 2024 annual accounts show equity of €826k and a net result of €12k. Equity is growing by ~17.5% per year across the filed fiscal years. Its solvency ranks better than 77% of 121 sector peers (fiscal year 2024). The company has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 7 annual accounts.
Key figures
Equity €826k
Net result €12k
Staff (FTE) 7.9
Better than sector 77%
Snowflake analysis 5 axes · computed by Checked
Health61Profitability7Solvency67Growth52Stability100
57 / 100

Mixed profile: strong on stability, weaker on profitability.

Health 61
Profitability 7
Solvency 67
Growth 52
Stability 100
Bankruptcy probability (12 mo) Checked model v1 · free
0.9% Low
0%0,5%1,5%4%10%≥25%
Higher-failure-rate sector +Higher-failure-rate region +Annual accounts: healthy financial profile −

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Risk Assessment rule-based
0 / 100
Low risk
Trust signals 3 signals
Established
Founded in 2015, 11 years in business.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad.
Administratively compliant
No FOD Economie strikeouts (UBO, accounts, address, activity).
Administrative Flags 0 events
No administrative flags
Health barometer FY 2024 · computed
61 / 100 Healthy
050100

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Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative, not credit advice.
Financial overview9 NBB filings
Annual accounts filed on 30-09-2025 with the NBB · fiscal year 2024 · volledig
€0€200k€400kOperating result 2020: €35k€35kNet result 2020: €412k€412kOperating result 2021: €226k€226kNet result 2021: €167k€167kOperating result 2022: €93k€93kNet result 2022: €63k€63kOperating result 2023: €178k€178kNet result 2023: €121k€121kOperating result 2024: €22k€22kNet result 2024: €12k€12k20202021202220232024
Operating resultNet result
Trajectory (indicative)
Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.
growing Equity: growth of ~17.5%/year over 7 fiscal years, indicative, assuming unchanged policy.
€0€500k€1.00M€1.50M2025: €1.13M (€1.06M - €1.19M)2026: €1.33M (€1.25M - €1.40M)2027: €1.56M (€1.46M - €1.66M)2018: €279k2019: €431k2020: €478k2021: €641k2022: €699k2023: €817k2024: €826k2018201920202021202220232024202520262027
Solid line = filed figures · dashed = extended trend · area = indicative range.
How do we compute this?

The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.

The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.

A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).

Sector comparison
Fiscal year 2024 · NACE 10, Food manufacturing · compared within the same schema type (full schema)
Metric This company Sector median Position in the sector
Solvency 51.7% 28.8%
better than 77% of 121 sector peers
Net result €12k €25k
better than 42% of 120 sector peers
Equity €826k €397k
better than 67% of 121 sector peers
Gross operating margin €610k €404k
better than 66% of 83 sector peers
Staff costs €378k €518k
higher than 41% of 108 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
EBITDA
€214k
-35.9% far above sector median
Net profit
€12k
-90.0% -16% vs sector
Cash flow
€205k
-26.0% far above sector median
Total assets
€1.60M
+34.1% far above sector median
Equity
€826k
+1.1% far above sector median
Working capital
€-132k
- far below sector median
Employees (FTE)
8
+1.3% +119% vs sector
Staff costs
€378k
+12.0% +155% vs sector
Income taxes
€5k
-91.2% -22% vs sector
Debt
€771k
+106.1% far above sector median
Debt ≤ 1y
€427k
+117.0% far above sector median
Debt > 1y
€341k
+95.2% far above sector median
Current ratio
0.69
-54.4% -45% vs sector
Quick ratio
0.69
-54.4% -42% vs sector
Solvency
51.7%
-24.6% +79% vs sector
Debt / equity
0.93
+103.8% -62% vs sector
ROE
1.5%
-90.1% -96% vs sector
ROA
0.8%
-92.6% -95% vs sector
Interest coverage
27.63
-37.9% +151% vs sector
Figures by fiscal year
Fiscal year2024
Revenue-
EBITDA€214k
Net profit€12k
Cash flow€205k
Staff costs€378k
Income taxes€5k
Dividends-
Total assets€1.60M
Equity€826k
Debt€771k
of which ≤ 1y€427k
of which > 1y€341k
Working capital€-132k
Employees (FTE)7.9
Ratios (computed)
2024
Current ratio0.69
Quick ratio0.69
Working capital ratio-8.3%
Solvency51.7%
Debt / equity0.93
Long-term debt ratio0.41
Interest coverage27.63
Gross margin-
Net margin-
ROA0.8%
ROE1.5%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2024
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2024
Balance sheet, Assets
TOTAL ASSETS 20/58€1.60M
Fixed assets 21/28€1.30M
Intangible fixed assets 21€0
Tangible fixed assets 22/27€1.30M
Financial fixed assets 28€400
Current assets 29/58€295k
Amounts receivable within one year 40/41€105k
Cash & bank 54/58€165k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€1.60M
Equity 10/15€826k
Contributions / capital 10/11€19k
Reserves 13€361k
Accumulated profits (losses) 14€416k
Amounts payable 17/49€771k
Amounts payable after one year 17€341k
Amounts payable within one year 42/48€427k
Trade debts payable within one year 44€266k
Income statement
Gross operating margin 9900€610k
Operating result 9901€22k
Financial income 75€3k
Financial charges 65€8k
Result before taxes 9903€17k
Income taxes 67/77€5k
Net result for the period 9904€12k
Result to be appropriated 9905€12k
You're seeing the latest fiscal year only. Unlock 4 prior years (figures + ratios) with a paid plan. See plans →
Ratios computed by Checked.
Legal Structure
NACE primary Food manufacturing(10850)
Legal form Private limited company(610)
Incorporation10-02-2015
StatusActive
Postal code4760
Establishment units 1 location
SCHMIDT culina
Bahnhofstrasse 5, 4760 BüllingenVervaardiging van bereide maaltijden en schotels
since 20152.242.096.008
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Updates 10 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2025
30-09-2025
NBB filing Annual accounts filed
fiscal year 2024 · volledig
2024
29-08-2024
NBB filing Annual accounts filed
fiscal year 2023 · volledig
2023
22-11-2023
State Gazette act Minor change
Officer designation
24-08-2023
NBB filing Annual accounts filed
fiscal year 2022 · volledig
2022
26-08-2022
NBB filing Annual accounts filed
fiscal year 2021 · volledig
2021
31-08-2021
NBB filing Annual accounts filed
fiscal year 2020 · volledig
2020
28-10-2020
NBB filing Annual accounts filed
fiscal year 2019 · volledig
2019
30-08-2019
NBB filing Annual accounts filed
fiscal year 2018 · verkort
2017
21-12-2017
NBB filing Annual accounts filed
fiscal year 2017 · verkort
28-01-2017
NBB filing Annual accounts filed
fiscal year 2016 · volledig
Belgisch Staatsblad, acts 1 acts
All acts · 1 updated 2 years ago
2023
22-11-2023 Publication in the Belgian Official Gazette, Minor change Minor change
Summary: Officer designation
Technical details 
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    "name": null,
    "firm_city": null,
    "firm_name": null,
    "office_city": null,
    "is_associated": false
  },
  "act_meta": {
    "language": "mixed",
    "pub_date": null,
    "filing_date": null,
    "act_kind_objet": "Ernennung eines zweiten Verwalters"
  },
  "decision": {
    "body": "buitengewone_algemene_vergadering",
    "date": "2023-09-28",
    "unanimous": null
  },
  "agm_change": null,
  "detected_kind": "officer_designation",
  "other_address": null,
  "mandate_renewal": {
    "period_end": null,
    "mandate_kind": "bestuurder",
    "period_start": "2023-10-01",
    "remuneration_eur": null,
    "remuneration_kind": "fixed",
    "person_or_entity_kbo": null,
    "person_or_entity_name": "Esther Schmidt"
  },
  "subject_company": {
    "kbo": "0597.845.147",
    "name_full": "SCHMIDT culina",
    "legal_form": "BV"
  },
  "accounts_deposit": null,
  "publication_proxy": {
    "kind": "person",
    "org_kbo": null,
    "org_name": null,
    "person_name": "Kurt Schmidt",
    "org_rep_person_name": null
  },
  "co_filed_documents": [],
  "fiscal_year_change": null,
  "liquidation_closure": null,
  "officer_designation": {
    "role": "penningmeester_adjoint",
    "organ": "raad_van_bestuur",
    "person_name": "Esther Schmidt"
  },
  "special_procuration": null,
  "is_volet_a_only_stub": true,
  "vakbekwaamheid_change": null,
  "should_reroute_to_category": null,
  "single_shareholder_declaration": null
}
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Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.
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Company registry (CBE) Crossroads Bank
Activities
Vervaardiging van bereide maaltijden en schotels10850Vervaardiging van bereide maaltijden en schotels10850Groothandel in andere voedingsmiddelen, n.e.g.46389Groothandel in andere voedingsmiddelen, neg46389
Primary activity highlighted.
Names & trade names
Legal nameDE SCHMIDT culina
Registered office
Bahnhofstrasse 5
4760 Büllingen, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.
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Source: Belgian State Gazette, CBE, NBB · generated via checked.be · indicative