PUKA
ActiveSummary
PUKA has been active since 2010 and the Belgian State Gazette contains no insolvency signals. The CBE does carry 1 administrative register entry (see administrative flags). The 2025 annual accounts show equity of €227,967 and a net result of €27,487. Equity is growing by ~24.8% per year across the filed fiscal years. Its solvency ranks better than 61% of 32629 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability79▲+4
Solvency92▲+2
Growth78=
Track record92
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €18,000 at 30 days acceptable
Liquidity tight (current ratio 1.03 against 8.46 in 2024; short-term debt: 23.4% and cash: 16.1% of total assets), and 33.3% of the assets are financed with debt.
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Signals
Six 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 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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
66.7%
Return on assets
8%
Age of the figures
9 mo
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
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 22-04-2026, 100 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
100 d early
2024
44 d early
2023
125 d early
2022
30 d late
2021
38 d early
2020
52 d early
2019
55 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 39 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.
raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publicationsPublications
Strikeout withdrawal
Checked, nothing found (1)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 17 June (4 of the last 5 filed years within 74 days of that day).
Companies Code · seven monthsPosition in the running window
01-10-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€227,967▲ 13.7%
2024 · €200,480
Total assets
€341,894▲ 11.2%
2024 · €307,409
Net result
€27,487▲ 66.1%
2024 · €16,546
Working capital
€2,308▼ 95.5%
2024 · €51,695
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€55,178▲ 6.4%€48,517▼ 12.1%€60,274▲ 24.2%€22,055▼ 63.4%€42,249▲ 91.6%
Net result€37,557within the sector's middle half▲ 10.2%€33,014within the sector's middle half▼ 12.1%€41,061within the sector's middle half▲ 24.4%€16,546within the sector's middle half▼ 59.7%€27,487within the sector's middle half▲ 66.1%
Equity€109,859within the sector's middle half▲ 51.9%€142,873within the sector's middle half▲ 30.1%€183,934within the sector's middle half▲ 28.7%€200,480within the sector's middle half▲ 9.0%€227,967within the sector's middle half▲ 13.7%
Total assets€120,586within the sector's middle half▲ 12.9%€153,806within the sector's middle half▲ 27.5%€193,451within the sector's middle half▲ 25.8%€307,409within the sector's middle half▲ 58.9%€341,894within the sector's middle half▲ 11.2%
Debt€10,727▼ 68.9%€10,933▲ 1.9%€9,517▼ 13.0%€106,929▲ 1,024%€113,927▲ 6.5%
Working capital€109,859within the sector's middle half▲ 52.3%€141,827above the sector's middle half▲ 29.1%€183,260above the sector's middle half▲ 29.2%€51,695within the sector's middle half▼ 71.8%€2,308within the sector's middle half▼ 95.5%
Solvency91.1%above the sector's middle half▲ 23.4pp92.9%above the sector's middle half▲ 1.8pp95.1%above the sector's middle half▲ 2.2pp65.2%within the sector's middle half▼ 29.9pp66.7%within the sector's middle half▲ 1.5pp
Current ratio11.24above the sector's middle half▲ 8.1513.97above the sector's middle half▲ 2.7320.26above the sector's middle half▲ 6.288.46above the sector's middle half▼ 11.801.03within the sector's middle half▼ 7.43
Return on assets (ROA)31.1%above the sector's middle half▼ 0.7pp21.5%within the sector's middle half▼ 9.7pp21.2%within the sector's middle half▼ 0.2pp5.4%within the sector's middle half▼ 15.8pp8.0%within the sector's middle half▲ 2.7pp
Staff (FTE)0.3
above
within
below
the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 92% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €341,894
Fixed assets
€259,727 ▲ 4.4%
Current assets
€82,167 ▲ 40.2%
Equity and liabilities €341,894
Equity
€227,967 ▲ 13.7%
Debt
€113,927 ▲ 6.5%
Debt's share of the balance-sheet total falls from 34.8% to 33.3%. Equity and debt are higher.
Key figures and ratios
EBITDA
€48,988▼
2024 · €55,479
Cash flow
€34,226▼
2024 · €49,970
Debt to equity
0.50▼
2024 · 0.53
ROE
12.1%▲
2024 · 8.3%
Interest coverage
23.63▼
2024 · 592.79
Debt ≤ 1 year
€79,859▲
2024 · €6,929
Debt > 1 year
€34,068▼
2024 · €100,000
Income taxes
€12,846▲
2024 · €7,721
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 34,696 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 95% are still going.
- Micro
- 10 to 20 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.7%
went bankrupt
3.9%
stopped otherwise
95%
still going
For this company itself Checked computes a bankruptcy probability of 0.1% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,341 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 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% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 34,696 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €9,303 | €188 | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €179 | €69 | €372 | €33,424 | €6,738 | ▼ 79.8% |
| Other operating charges640/8 | - | - | - | €215 | €745 | ▲ 247% |
| Gross operating margin9900 | €55,356 | €57,889 | €60,834 | €55,694 | €49,733 | ▼ 10.7% |
| Operating profit (loss)9901 | €55,178 | €48,517 | €60,274 | €22,055 | €42,249 | ▲ 91.6% |
| Financial income75/76B | €3 | €8 | €14 | €2,306 | €157 | ▼ 93.2% |
| Recurring financial income75 | €3 | €8 | €14 | €2,306 | €157 | ▼ 93.2% |
| Financial charges65/66B | €98 | €107 | €67 | €94 | €2,073 | ▲ 2,115% |
| Recurring financial charges65 | €98 | €107 | €67 | €94 | €2,073 | ▲ 2,115% |
| Profit (loss) for the period before taxes9903 | €55,083 | €48,419 | €60,221 | €24,267 | €40,334 | ▲ 66.2% |
| Income taxes67/77 | €17,525 | €15,405 | €19,160 | €7,721 | €12,846 | ▲ 66.4% |
| Profit (loss) for the period9904 | €37,557 | €33,014 | €41,061 | €16,546 | €27,487 | ▲ 66.1% |
| Profit (loss) for the period to be appropriated9905 | €37,557 | €33,014 | €41,061 | €16,546 | €27,487 | ▲ 66.1% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €120,586 | €153,806 | €193,451 | €307,409 | €341,894 | ▲ 11.2% |
| Formation expenses20 | - | €0 | €0 | €0 | €0 | - |
| Fixed assets21/28 | - | €1,046 | €674 | €248,785 | €259,727 | ▲ 4.4% |
| Tangible fixed assets22/27 | - | €1,046 | €674 | €248,785 | €259,727 | ▲ 4.4% |
| Land and buildings22 | - | - | - | €248,483 | €243,293 | ▼ 2.1% |
| Plant, machinery and equipment23 | - | - | - | - | €14,488 | - |
| Furniture and vehicles24 | - | €1,046 | €674 | €303 | €1,947 | ▲ 544% |
| Current assets29/58 | €120,586 | €152,760 | €192,777 | €58,623 | €82,167 | ▲ 40.2% |
| Amounts receivable within one year40/41 | €10,164 | €18,390 | €15,614 | €18,336 | €24,940 | ▲ 36.0% |
| Trade receivables40 | €10,164 | €12,462 | €6,419 | €6,548 | €6,548 | = |
| Other amounts receivable41 | - | €5,928 | €9,195 | €11,789 | €18,393 | ▲ 56.0% |
| Cash at bank and in hand54/58 | €110,422 | €134,370 | €177,163 | €39,983 | €55,164 | ▲ 38.0% |
| Deferred charges and accrued income490/1 | - | - | - | €304 | €2,063 | ▲ 578% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €120,586 | €153,806 | €193,451 | €307,409 | €341,894 | ▲ 11.2% |
| Equity10/15 | €109,859 | €142,873 | €183,934 | €200,480 | €227,967 | ▲ 13.7% |
| Contributions10/11 | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Reserves13 | €102,405 | €135,405 | €176,455 | €193,000 | €220,480 | ▲ 14.2% |
| Non-distributable reserves130/1 | €1,860 | €1,860 | €1,860 | €1,860 | - | - |
| Reserves not available under the articles1311 | €1,860 | €1,860 | €1,860 | €1,860 | - | - |
| Distributable reserves133 | €100,545 | €133,545 | €174,595 | €191,140 | €220,480 | ▲ 15.4% |
| Profit (loss) carried forward14 | €1,254 | €1,268 | €1,279 | €1,280 | €1,287 | ▲ 0.6% |
| Amounts payable17/49 | €10,727 | €10,933 | €9,517 | €106,929 | €113,927 | ▲ 6.5% |
| Amounts payable after more than one year17 | - | - | - | €100,000 | €34,068 | ▼ 65.9% |
| Financial debts170/4 | - | - | - | €100,000 | €34,068 | ▼ 65.9% |
| Amounts payable within one year42/48 | €10,727 | €10,933 | €9,517 | €6,929 | €79,859 | ▲ 1,053% |
| Current portion of amounts payable after more than one year42 | - | - | - | - | €67,934 | - |
| Trade debts44 | €5,323 | €5,203 | - | €2,004 | €6,070 | ▲ 203% |
| Suppliers440/4 | €5,323 | €5,203 | - | €2,004 | €6,070 | ▲ 203% |
| Taxes, remuneration and social security45 | €5,150 | €5,730 | €9,517 | €4,925 | €5,855 | ▲ 18.9% |
| Taxes450/3 | €5,150 | €5,730 | €9,517 | €4,925 | €5,855 | ▲ 18.9% |
| Other amounts payable47/48 | €254 | - | - | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €37,557 | €33,014 | €41,061 | €16,546 | €27,487 | ▲ 66.1% |
| + Depreciation and write-downs630 | €179 | €69 | €372 | €33,424 | €6,738 | ▼ 79.8% |
| Operating cash flow (approximation) | €37,736 | €33,083 | €41,432 | €49,970 | €34,226 | ▼ 31.5% |
| Investment in fixed assets (approximation) | - | - | €0 | -€281,535 | -€17,680 | ▲ 93.7% |
| Change in cash | - | €23,948 | €42,792 | -€137,180 | €15,182 | ▲ 111% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
22-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
17-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Equity above €200,000Eq €200,480 ▲9%
7 profitable years in a row build equity to €200,480.
28-03
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Highest result since 2018net €41,061 ▲24.4%
Operating result €60,274, net result €41,061, both a record.
31-12
Financial
Equity above €150,000Eq €183,934 ▲28.7%
6 profitable years in a row build equity to €183,934.
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 30 days late
2022
23-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Liquidity quadruplescurrent ratio 11.24
Current ratio from 3.09 to 11.24; short-term debt falls from €34,529 to €10,727.
31-12
Financial
Equity above €100,000Eq €109,859 ▲51.9%
4 profitable years in a row build equity to €109,859.
09-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
24-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 55 days late
Show earlier events
2019
29-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 29 days late
2018
07-12
KBO administration
Strikeout withdrawal
event 08-08-2018
08-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 8 days late
08-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 373 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 6 acts read
About the unread acts
We know of 6 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
No directors read yet: 0 of 6 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Sainte-Ode · 1 establishment unit since 2010
Ground area
2,599 m²
Building footprint
130 m²
Volume, LiDAR
484 m³
Parcel 82001A0004/00K002, Wallonia · tallest building 4.7 m, ±1 floor. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
PUKA SPRL
since 2010unit no. 2.195.107.129
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 82001A0004/00K002 | Wallonia | 2,599 m² | 1 · 130 m² | 4.7 m · 1 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 82,601 companies in this sector we hold annual accounts for 52,629. 39,344 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company details
Identification
Legal formPrivate limited company
Founded14-12-2010
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
E-invoicing
Reachable via Peppol
Peppol ID
0208:0831848739
Registered
18-12-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 1 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.