Equity
€172,875 from €402,964 in 2024
Equity fell by 57% in 1 year.
PULGRÉ
Lifetime
6 annual accounts with figures on one time axispeak €374,070 (2020)
-€23,936▼ €336,671
lowest -€230,090 (2025)
-€230,090▼ €306,340
peak €402,964 (2024)
€172,875▼ 57.1%
€261,894▲ 40.7%
peak 3 FTE (2025)
3 FTE
Board1 name since 2019
1 directorPULGRÉ Patrick Maurice Hubertus
Documentsfilings and deeds
28-08-202628 days late
2025abbreviated format
Gross margin from €312,735 to -€23,936Loss of €230,090Registered office moved within Lommel 17-04Equity from €402,964 to €172,875Debts from €186,115 to €261,894Cash from €129,860 to €14,144
Key points
from the 2025 annual accountsResult
-€230,090 -€230,090
From profit to loss in 2025, after a profit of €76,250 in 2024.
Debts
€261,894 ▲ 40.7%
Debts rose by €75,779 in 2025.
Liquidity
1.20 was 4.34 in 2024
Short-term debts rose from €73,544 to €96,739.
Filings
6 annual accounts 6 late
The 2021 accounts came latest: 29 days after the end of the period.
Position in the sector
-€230,090
Lower net result than 95% of companies in specialised construction. Sector median €26,646 · 9,965 companies.
Turnover not published (abbreviated format)
Checked score
48
Fair
Financially stronger than 23% of micro companies in specialised construction (NACE 43)
Probability in this band: 1.5% to 4.2%
Bankruptcy probability within 12 months
3.5% Moderate
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.7% across 47,693 companies (NACE 43, micro).
About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.2%
01-2025: 0.2%● unchanged vs 12-2024
02-2025: 0.2%● unchanged vs 01-2025
03-2025: 0.2%● unchanged vs 02-2025lowest value
04-2025: 0.2%● unchanged vs 03-2025
05-2025: 0.7%▲ +0.5 percentage points vs 04-2025
06-2025: 0.8%▲ +0.1 percentage points vs 05-2025
07-2025: 0.9%▲ +0.1 percentage points vs 06-2025
08-2025: 1.6%▲ +0.7 percentage points vs 07-2025
09-2025: 1.9%▲ +0.3 percentage points vs 08-2025
10-2025: 0.3%▼ -1.6 percentage points vs 09-2025
11-2025: 0.3%● unchanged vs 10-2025
12-2025: 0.3%● unchanged vs 11-2025
01-2026: 0.3%● unchanged vs 12-2025
02-2026: 0.3%● unchanged vs 01-2026
03-2026: 0.3%● unchanged vs 02-2026
04-2026: 0.3%● unchanged vs 03-2026
05-2026: 0.4%▲ +0.1 percentage points vs 04-2026
06-2026: 0.5%▲ +0.1 percentage points vs 05-2026
07-2026: 0.5%● unchanged vs 06-2026
08-2026: 1.2%▲ +0.7 percentage points vs 07-2026
09-2026: 3.5%▲ +2.3 percentage points vs 08-2026highest value
10-2026: 3.5%● unchanged vs 09-2026highest value
11-2026: 3.5%● unchanged vs 10-2026highest value
Financial strengthWeak
Score breakdown
raises risk
Loss of €230,090 (financial year 2025)
1 change of registered office in 24 months
Liquidity: current ratio 1.20, cash €14,144, halved
lowers risk
Figures for financial year 2025 (filed on 29-08-2026)
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 43, micro). It does better than 43% of them on solvency, 37% on liquidity, 4% on profitability and 8% on growth.
The bankruptcy probability was computed on 09-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the moderate class on 30-06-2025, 2.4% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 3,591 companies had the same profile as PULGRÉ has now. Each dot stands for 9 companies, two years later.
87.3%
were still trading
9.4%
stopped another way
3.0%
went bankrupt
Another 0.3% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of PULGRÉ itself: 3.5% within 12 months.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 3,591 companies, not a prediction for PULGRÉ. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €8,000 on 30-day terms, only on tighter conditions
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity is tight, with a current ratio of 1.2 (4.34 in 2024), below the usual 1.5. Short-term debt is 22.3% and cash 3.3% of total assets. 60.2% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises risk
raises risk · 2025 accounts filed 28 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 6 filingsDeviation from the deadline
2025
28 days late
2024
28 days late
2023
29 days late
2022
21 days late
2021
29 days late
2020
11 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 6 accounts on average 24 days after the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 28 August (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered office moved within Lommel
New registered office: Waterrijtstraat 45, 3920 Lommel · Previous registered office: LODEWIJK DE RAETSTRAAT 69, 3920 LOMMEL · General meeting of 01-04-2025 · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0730995166
Resignations & appointments
General meeting of 21-03-2022 · Gazette deed
Incorporation
Founding capital of €5,000, 100 shares · Founder: PULGRÉ Patrick Maurice Hubertus · Appointment: PULGRÉ Patrick Maurice Hubertus (director) · published on 26-07-2019 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| PULGRÉ Lommel | €434,769 | -€23,936 | 39.8% | 3 |
| WINFRAME Hasselt | €294,293 | -€87,316 | -111.6% | - |
| UPTONE Nazareth-De Pinte | €741,331 | -€18,930 | -20.7% | 3.4 |
| Provix België Antwerp | €482,304 | -€65,539 | -89.9% | 1 |
| BEEBOX Etterbeek | €419,767 | -€140,941 | 13.4% | - |
| Montour Kortrijk | €469,373 | -€1,740 | -0.8% | - |
| EXCELSIOR CHÂSSIS Anderlecht | €338,581 | -€737 | 10.1% | - |
These companies have the same main activity as PULGRÉ: joinery installation (NACE 43320). They are comparable in size and age: total assets between €294,000 and €741,000, founded between 2009 and 2023.
Official details
Source: KBO- Status
- Active since 24-07-2019Normal situation
- Activity
- Joinery installationNACE 43320
- Establishment unit
- 2.291.622.9213920 Lommel, since 24-07-2019
- Financial year end
- 31 December
- Peppol
- Reachable since 31-10-2023
Insights on PULGRÉ
PULGRÉ files the abbreviated format. That format states no turnover. The gross margin fell from €374,070 in 2020 to -€23,936 in 2025.
The balance sheet grew most from 2022 to 2024 through fixed assets.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about PULGRÉ
- What is the company number of PULGRÉ?
- The company number of PULGRÉ is 0730.995.166. The VAT number is the same number with BE in front: BE 0730.995.166.
- Where is PULGRÉ based?
- The registered office is at Waterrijtstraat 45, 3920 Lommel.Company details
- What does PULGRÉ do?
- According to the KBO register, the main activity is joinery installation (NACE 43320).
- What is the legal form of PULGRÉ?
- PULGRÉ is a private limited company (BV).
- When was PULGRÉ founded?
- PULGRÉ was founded on 24-07-2019.
- Is PULGRÉ still active?
- Yes, PULGRÉ is an active enterprise in the KBO register.
- How many employees does PULGRÉ have?
- PULGRÉ had an average of 3 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of PULGRÉ?
- The annual accounts for financial year 2025 state no turnover. The abbreviated format does not require it.
- Is PULGRÉ profitable?
- In financial year 2025, PULGRÉ made a loss of €230,090.
- Where can I find the annual accounts of PULGRÉ?
- PULGRÉ filed 6 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of PULGRÉ due?
- PULGRÉ must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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