PUKAY
ActiveSummary
PUKAY has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €62k and a net result of €-5k. Equity is growing by ~14.1% per year across the filed fiscal years. Its solvency ranks better than 95% of 36375 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.3% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability17▼-55
Solvency100=
Growth46▼-28
Track record100
Bankruptcy probability, 12 months
1.3%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4k at 30 days acceptable
short-term debt: 1% and cash: 61.4% of total assets, and 1% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
99%
Return on assets
-8.2%
Age of the figures
21 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 · A punctual record breaks
This company filed 4 consecutive financial years on time. The year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 16-09-2025, 47 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
47 d late
2023
44 d early
2022
77 d early
2021
32 d early
2020
54 d early
2019
28 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Source amounts without an identifiable currency are assumed to be EUR.
Turnover
€48k▼ 32.8%
2022 · €72k
2018: €49k
2019: €67k▲ +36.7% vs 2018
2020: €53k▼ -20.2% vs 2019
2021: €56k▲ +5.3% vs 2020
2022: €72k▲ +27.5% vs 2021highest value
2024: €48klowest value
2018 → 2024
EBIT margin
-10.5%▼ 24.5pp
2022 · 14.0%
2018: 6.1%
2019: 22.2%▲ +265% vs 2018highest value
2020: 15.8%▼ -29.2% vs 2019
2021: 7.8%▼ -50.6% vs 2020
2022: 14.0%▲ +79.8% vs 2021
2024: -10.5%lowest value
2018 → 2024
Net result
€-5k
2023 · €10k
2018: €2k
2019: €11k▲ +419% vs 2018highest in 7 years
2020: €7k▼ -42.6% vs 2019
2021: €4k▼ -46.4% vs 2020
2022: €8k▲ +124% vs 2021
2023: €10k▲ +23.3% vs 2022
2024: €-5k▼ -153% vs 2023lowest in 7 years
2018 → 2024
Working capital
€62k▼ 7.6%
2023 · €67k
2018: €28klowest in 7 years
2019: €37k▲ +31.5% vs 2018
2020: €45k▲ +21.3% vs 2019
2021: €50k▲ +10.7% vs 2020
2022: €57k▲ +15.9% vs 2021
2023: €67k▲ +16.9% vs 2022highest in 7 years
2024: €62k▼ -7.6% vs 2023
2018 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Turnover€53k-€56k▲ 5.3%€72k▲ 27.5%€48k
2020: €53k
2021: €56k▲ +5.3% vs 2020
2022: €72k▲ +27.5% vs 2021highest value
2024: €48klowest value
Equity€46k-€50k▲ 7.6%€57k▲ 15.9%€67k▲ 16.9%€62k▼ 7.6%
2020: €46klowest in 5 years
2021: €50k▲ +7.6% vs 2020
2022: €57k▲ +15.9% vs 2021
2023: €67k▲ +16.9% vs 2022highest in 5 years
2024: €62k▼ -7.6% vs 2023
Operating result€8k-€4k▼ 48.0%€10k▲ 129%€12k▲ 23.4%€-5k
2020: €8k
2021: €4k▼ -48.0% vs 2020
2022: €10k▲ +129% vs 2021
2023: €12k▲ +23.4% vs 2022highest in 5 years
2024: €-5k▼ -141% vs 2023lowest in 5 years
Net result€7k-€4k▼ 46.4%€8k▲ 124%€10k▲ 23.3%€-5k
2020: €7k
2021: €4k▼ -46.4% vs 2020
2022: €8k▲ +124% vs 2021
2023: €10k▲ +23.3% vs 2022highest in 5 years
2024: €-5k▼ -153% vs 2023lowest in 5 years
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €5k after €12k in 2023, the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Equity and liabilities €63k
Equity
€62k ▼ 7.6%
Debt
€610 ▼ 80.1%
Debt's share of the balance-sheet total falls from 4.4% to 1.0%. Equity and debt are lower.
Key figures and ratios
Debt to equity
0.01▼
2023 · 0.05
ROE
-8.3%▼
2023 · 14.4%
ROA
-8.2%▼
2023 · 13.8%
Debt ≤ 1 year
€610▼
2023 · €3k
A ratio outside any meaningful range has been withheld (balance sheet total €63k, equity €62k).
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 · 2024 against 2023 · 36 lines
Balance sheet
Code20232024
Assets
Total assets20/58€70k€63k▼
Current assets29/58€70k€63k▼
Stocks and contracts in progress3€368€368=
Stocks30/36€368€368=
Amounts receivable within one year40/41€21k€24k▲
Trade receivables40€12k€16k▲
Other amounts receivable41€9k€8k▼
Cash at bank and in hand54/58€49k€38k▼
Equity and liabilities
Total equity and liabilities10/49€70k€63k▼
Equity10/15€67k€62k▼
Contributions10/11€19k€19k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€47k€42k▼
Amounts payable17/49€3k€610▼
Amounts payable within one year42/48€3k€610▼
Trade debts44€411€610▲
Suppliers440/4€411€610▲
Taxes, remuneration and social security45€3k-
Taxes450/3€3k-
Income statement
Code20232024
Turnover70-€48k
Goods, raw materials, services and sundry goods60/61-€58k
Other operating charges640/8€977€591▼
Gross operating margin9900€13k€-4k▼
Operating profit (loss)9901€12k€-5k▼
Financial income75/76B€13€0▼
Recurring financial income75€13€0▼
Financial charges65/66B€55€45▼
Recurring financial charges65€55€45▼
Profit (loss) for the period before taxes9903€12k€-5k▼
Income taxes67/77€3k-
Profit (loss) for the period9904€10k€-5k▼
Profit (loss) for the period to be appropriated9905€10k€-5k▼
Appropriation of the result
Profit (loss) to be appropriated9906€47k€42k▼
Profit (loss) brought forward from the previous period14P€37k€47k▲
The notes to these accounts (3 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €53k | €56k | €72k | - | €48k | - |
| Goods, raw materials, services and sundry goods60/61 | - | €53k | €67k | - | €58k | - |
| Remuneration, social security and pensions62 | - | €9 | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1k | €1k | - | - | - | - |
| Other operating charges640/8 | - | €394 | €263 | €977 | €591 | ▼ 39.6% |
| Gross operating margin9900 | €10k | €6k | €10k | €13k | €-4k | ▼ 134% |
| Operating profit (loss)9901 | €8k | €4k | €10k | €12k | €-5k | ▼ 141% |
| Financial income75/76B | - | €139 | - | €13 | €0 | ▼ 99.8% |
| Recurring financial income75 | €3 | €139 | - | €13 | €0 | ▼ 99.8% |
| Financial charges65/66B | - | €50 | €44 | €55 | €45 | ▼ 18.0% |
| Recurring financial charges65 | €62 | €50 | €44 | €55 | €45 | ▼ 18.0% |
| Profit (loss) for the period before taxes9903 | €8k | €4k | €10k | €12k | €-5k | ▼ 141% |
| Income taxes67/77 | €2k | €950 | €2k | €3k | - | - |
| Profit (loss) for the period9904 | €7k | €4k | €8k | €10k | €-5k | ▼ 153% |
| Profit (loss) for the period to be appropriated9905 | €7k | €4k | €8k | €10k | €-5k | ▼ 153% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €52k | €51k | €63k | €70k | €63k | ▼ 10.8% |
| Fixed assets21/28 | €1k | - | - | - | - | - |
| Tangible fixed assets22/27 | €1k | - | - | - | - | - |
| Current assets29/58 | €51k | €51k | €63k | €70k | €63k | ▼ 10.8% |
| Stocks and contracts in progress3 | €503 | €156 | €267 | €368 | €368 | = |
| Stocks30/36 | - | €156 | €267 | €368 | €368 | = |
| Amounts receivable within one year40/41 | €745 | €7k | €5k | €21k | €24k | ▲ 14.3% |
| Trade receivables40 | - | - | - | €12k | €16k | ▲ 34.9% |
| Other amounts receivable41 | - | €7k | €5k | €9k | €8k | ▼ 12.6% |
| Cash at bank and in hand54/58 | €50k | €44k | €58k | €49k | €38k | ▼ 21.5% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €52k | €51k | €63k | €70k | €63k | ▼ 10.8% |
| Equity10/15 | €46k | €50k | €57k | €67k | €62k | ▼ 7.6% |
| Contributions10/11 | €19k | €19k | €19k | €19k | €19k | = |
| Capital10 | - | €19k | €19k | - | - | - |
| Issued capital100 | - | €19k | €19k | - | - | - |
| Reserves13 | €2k | €2k | €2k | €2k | €2k | = |
| Non-distributable reserves130/1 | - | €2k | €2k | €2k | €2k | = |
| Legal reserve130 | - | €2k | €2k | - | - | - |
| Reserves not available under the articles1311 | - | - | - | €2k | €2k | = |
| Profit (loss) carried forward14 | €26k | €29k | €37k | €47k | €42k | ▼ 11.0% |
| Amounts payable17/49 | €6k | €1k | €6k | €3k | €610 | ▼ 80.1% |
| Amounts payable within one year42/48 | €6k | €1k | €6k | €3k | €610 | ▼ 80.1% |
| Trade debts44 | €871 | €404 | €1k | €411 | €610 | ▲ 48.3% |
| Suppliers440/4 | - | €404 | €1k | €411 | €610 | ▲ 48.3% |
| Taxes, remuneration and social security45 | - | €950 | €5k | €3k | - | - |
| Taxes450/3 | - | €950 | €5k | €3k | - | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €7k | €4k | €8k | €10k | €-5k | ▼ 153% |
| + Depreciation and write-downs630 | €1k | €1k | - | - | - | - |
| Operating cash flow (approximation) | €8k | €5k | €8k | €10k | €-5k | ▼ 153% |
| Change in cash | - | €-6k | €14k | €-9k | €-11k | ▼ 13.6% |
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
2025
16-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 47 days late
2024
31-12
Financial
Weakest financial yearnet €-5k
Net result drops to €-5k, the lowest in the series.
31-12
Financial
Liquidity quadruplescurrent ratio 102.71
Current ratio from 22.94 to 102.71; short-term debt falls from €3k to €610.
17-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Liquidity doublescurrent ratio 22.94
Current ratio from 10.87 to 22.94; short-term debt falls from €6k to €3k.
15-05
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
29-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Liquidity times 5current ratio 37.59
Current ratio from 8.09 to 37.59; short-term debt falls from €6k to €1k.
07-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
28-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 28 days late
2019
31-12
Financial
Highest result since 2018net €11k ▲419%
Operating result €15k, net result €11k, both a record.
27-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
Show earlier events
2018
15-05
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
01-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 1 day late
2016
29-06
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 7 acts read
About the unread acts
We know of 7 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
7 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, Antwerpen · 1 establishment unit since 2014
Ground area
206 m²
Building footprint
92 m²
Volume, LiDAR
805 m³
Parcel 11809I2170/00E008, Flanders · tallest building 9.9 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Pukay
since 20142.227.687.647
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11809I2170/00E008 | Flanders | 206 m² | 1 · 92 m² | 9.9 m · 3 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.
Similar companies · same sector, comparable size
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SANELECT
BE 0878.315.402
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ALFATECH
BE 0553.977.985
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Stratagème
BE 0885.439.655
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Of 7,041 companies in sector 43221 we hold annual accounts for 3,473. 3,012 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded10-12-2013
Fiscal year end31-12
Activities, NACEBEL 2025
43221Plumbing work
43310Plastering work
Scores and ratios are computed by Checked and are not a credit decision.