PULLAAR
ActiveSummary
PULLAAR has been active since 1989 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €585,350 and a net result of €327,293. Equity remains stable across the filed financial years (±0% per year). The computed 12-month bankruptcy probability is 0.6% (low).
Overview
- Equity
- €585,350
- Profit
- €327,293
- Parent
- STRUYF ZAKENKANTOOR · 100%
- Pattyn PhilippeDirector
Why 72raises risk1 change of registered office in 24 monthsLiquidity: current ratio 1.26, cash €1,743lowers riskSize: total assets €910,723Figures for financial year 2025 (filed 30-07-2026)Show the evidence
Checked score
About 6 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
How it is calculated
The band follows from the bankruptcy probability, on a scale where 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 (no NACE code, micro): better than 54% on solvency, 25% on liquidity, 90% on profitability and 94% on growth.
The bankruptcy probability was computed on 25-10-2026 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.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
This company filed its last 7 accounts on average 28 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Searched, nothing found (2)
- Annual accounts filedfinancial year 2025 · abbreviated…
- Appointment: Pattyn Philippe (director)Gazette deed
- Highest result from 2018 to 2025net €327,293 ▲944%
Financials · financial year 2025, abbreviated format
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 8.6 times 2024 and is the highest result in the available series.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Use the arrow keys on the chart for the figures per year.
Peer companies
Historical observationOf the 20,139 companies that looked in July 2024 the way this one looks now, 0.2% went bankrupt within 24 months and 95.0% are still going.
- Small
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
For this company itself Checked computes a bankruptcy probability of 0.6% 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 497,475 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% | 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% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% 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 20,139 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.
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | - | - | - | €3,252 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €7,185 | €6,994 | €6,995 | €2,915 | €2,361 | €18,470 | €19,604 | €17,422 | ▼ 11.1% |
| Other operating charges640/8 | - | - | - | €4,444 | €4,355 | €4,866 | €4,970 | €4,711 | ▼ 5.2% |
| Gross operating margin9900 | €15,316 | €6,663 | €9,260 | €10,709 | €10,666 | €3,876 | €79,807 | €499,036 | ▲ 525% |
| Operating profit (loss)9901 | €4,016 | -€4,514 | -€2,083 | €3,350 | €3,950 | -€19,460 | €55,233 | €476,903 | ▲ 763% |
| Financial income75/76B | - | - | - | - | - | €1,051 | - | - | - |
| Recurring financial income75 | - | - | - | - | - | €1,051 | - | - | - |
| Financial charges65/66B | - | - | - | €129 | €95 | €19,095 | €23,875 | €34,460 | ▲ 44.3% |
| Recurring financial charges65 | €136 | €235 | €157 | €129 | €95 | €19,095 | €23,875 | €34,460 | ▲ 44.3% |
| Profit (loss) for the period before taxes9903 | €3,880 | -€4,749 | -€2,240 | €3,221 | €3,855 | -€37,504 | €31,358 | €442,443 | ▲ 14× |
| Transfer from deferred taxes780 | - | - | - | - | - | - | - | €6,726 | - |
| Transfer to deferred taxes680 | - | - | - | - | - | - | - | €121,876 | - |
| Income taxes67/77 | €1,501 | €4,400 | - | - | €169 | - | - | - | - |
| Profit (loss) for the period9904 | €2,379 | -€9,149 | -€2,240 | €3,221 | €3,686 | -€37,504 | €31,358 | €327,293 | ▲ 944% |
| Transfer from tax-exempt reserves789 | - | - | - | - | - | - | - | €20,177 | - |
| Transfer to tax-exempt reserves689 | - | - | - | - | - | - | - | €365,627 | - |
| Profit (loss) for the period to be appropriated9905 | €2,379 | -€9,149 | -€2,240 | €3,221 | €3,686 | -€37,504 | €31,358 | -€18,157 | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €291,347 | €296,387 | €286,498 | €284,268 | €282,918 | €850,218 | €971,295 | €910,723 | ▼ 6.2% |
| Fixed assets21/28 | €75,601 | €68,607 | €61,612 | €58,697 | €56,336 | €621,261 | €705,621 | €645,590 | ▼ 8.5% |
| Tangible fixed assets22/27 | €75,601 | €68,607 | €61,612 | €58,697 | €56,336 | €621,261 | €705,621 | €645,590 | ▼ 8.5% |
| Land and buildings22 | - | - | - | €56,336 | €56,336 | €621,261 | €705,621 | €636,375 | ▼ 9.8% |
| Furniture and vehicles24 | - | - | - | €2,361 | - | - | - | €9,215 | - |
| Current assets29/58 | €215,746 | €227,780 | €224,886 | €225,571 | €226,582 | €228,957 | €265,674 | €265,133 | ▼ 0.2% |
| Amounts receivable within one year40/41 | €215,445 | €227,067 | €224,847 | €225,249 | €226,487 | €228,918 | €265,673 | €263,390 | ▼ 0.9% |
| Trade receivables40 | - | - | - | €2,500 | €2,500 | - | - | - | - |
| Other amounts receivable41 | - | - | - | €222,749 | €223,987 | €228,918 | €265,673 | €263,390 | ▼ 0.9% |
| Cash at bank and in hand54/58 | €301 | €713 | €39 | €322 | €95 | €39 | €1 | €1,743 | ▲ 1,743× |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €291,347 | €296,387 | €286,498 | €284,268 | €282,918 | €850,218 | €971,295 | €910,723 | ▼ 6.2% |
| Equity10/15 | €268,685 | €259,536 | €257,296 | €260,517 | €264,203 | €226,699 | €258,057 | €585,350 | ▲ 127% |
| Contributions10/11 | €18,550 | €18,550 | - | €18,550 | €18,550 | €18,550 | €18,550 | €18,550 | = |
| Reserves13 | €125,782 | €125,782 | €125,782 | €125,782 | €125,782 | €125,782 | €125,782 | €471,232 | ▲ 275% |
| Non-distributable reserves130/1 | - | - | - | €15,493 | €15,493 | €15,493 | €15,493 | - | - |
| Reserves not available under the articles1311 | - | - | - | €15,493 | €15,493 | €15,493 | €15,493 | - | - |
| Tax-exempt reserves132 | - | - | - | - | - | - | - | €345,450 | - |
| Distributable reserves133 | - | - | - | €110,289 | €110,289 | €110,289 | €110,289 | €125,782 | ▲ 14.0% |
| Profit (loss) carried forward14 | €124,353 | €115,204 | €112,964 | €116,185 | €119,871 | €82,367 | €113,725 | €95,568 | ▼ 16.0% |
| Provisions and deferred taxes16 | - | - | - | - | - | - | - | €115,150 | - |
| Deferred taxes168 | - | - | - | - | - | - | - | €115,150 | - |
| Amounts payable17/49 | €22,662 | €36,851 | €29,202 | €23,751 | €18,715 | €623,519 | €713,238 | €210,223 | ▼ 70.5% |
| Amounts payable within one year42/48 | €22,662 | €36,851 | €29,202 | €23,751 | €18,715 | €623,519 | €713,238 | €210,223 | ▼ 70.5% |
| Current portion of amounts payable after more than one year42 | - | - | - | €2,154 | - | €573,373 | €660,000 | €149,677 | ▼ 77.3% |
| Trade debts44 | €121 | €7,578 | €2,738 | €128 | - | - | €2,849 | €1,289 | ▼ 54.8% |
| Suppliers440/4 | - | - | - | €128 | - | - | €2,849 | €1,289 | ▼ 54.8% |
| Taxes, remuneration and social security45 | - | - | - | - | €169 | - | - | - | - |
| Taxes450/3 | - | - | - | - | €169 | - | - | - | - |
| Other amounts payable47/48 | - | - | - | €21,469 | €18,546 | €50,146 | €50,389 | €59,257 | ▲ 17.6% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €2,379 | -€9,149 | -€2,240 | €3,221 | €3,686 | -€37,504 | €31,358 | €327,293 | ▲ 944% |
| + Depreciation and write-downs630 | €7,185 | €6,994 | €6,995 | €2,915 | €2,361 | €18,470 | €19,604 | €17,422 | ▼ 11.1% |
| Operating cash flow (approximation) | €9,564 | -€2,155 | €4,755 | €6,136 | €6,047 | -€19,034 | €50,962 | €344,715 | ▲ 576% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €0 | -€583,395 | -€103,964 | €42,609 | - |
| Change in cash | - | €412 | -€674 | €283 | -€227 | -€56 | -€38 | €1,742 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 36 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | abbreviated format | 30-07-2026 | 2026-00370233 |
| 31-12-2024 | abbreviated format | 27-07-2025 | 2025-00319090 |
| 31-12-2023 | abbreviated format | 28-08-2024 | 2024-00398552 |
| 31-12-2022 | abbreviated format | 23-08-2023 | 2023-00382692 |
| 31-12-2021 | abbreviated format | 29-07-2022 | 2022-20275460 |
| 31-12-2020 | abbreviated format | 27-09-2021 | 2021-69800417 |
| 31-12-2019 | abbreviated format | 02-11-2020 | 2020-69100123 |
| 31-12-2018 | micro format | 28-08-2019 | 2019-54000240 |
| 31-12-2017 | micro format | 29-09-2018 | 2018-67300381 |
| 31-12-2016 | micro format | 26-09-2017 | 2017-63400328 |
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Not every act has been read: a resignation may still be missing
Mandate history
- Board
| Name | Functions and periods |
|---|---|
| Pattyn Philippe |
|
| Roger Struyf |
|
Owners and capital
Owners
1 ownerChain of control
- STRUYF ZAKENKANTOOR
- PULLAAR
Highest known parent: STRUYF ZAKENKANTOOR. The sources do not say who stands above it.
Owners 1
-
100%
Sources: the companies' annual accounts, the acts in the Belgian Official Gazette and the LEI register. Annual accounts state the shareholders that notified the company under article 7:225 of the Code of Companies and Associations and the parent companies that consolidate it. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not include these statements in its annual accounts, or does not have to, is not listed.
Capital and shareholders
- 21-08-2025 Converted to unavailable equity · €34,043
Group and network
Connections & network
1 current directorThe network starts from this company’s directors. Other companies they run appear here as nodes.
History
Acts, filings and financial milestones
04-03
Gazette deed
Appointment: Pattyn Philippe (director)2 facts ▸
- General meeting, 10-10-2025
- Director appointment, Pattyn Philippe (director (not named in the articles))
21-08
Gazette deed
Resignation: Roger Struyf (statutory director)Appointment: Roger Struyf (director) · Amendment of the articles · Capital conversion11 facts ▸
- General meeting, 18-08-2025
- Amendment of the articles (2 times)
- Capital conversion, “statutair onbeschikbare eigen vermogensrekening” (deed in Dutch)
- Reserve release, “opheffen en beschikbaar maken voor uitkering, onmiddellijk, overeenkomstig de vormen en meerderheden van de statutenwijziging” (deed in Dutch)
- Purpose change
- Board rule, “éénparigheid van stemmen, afschaffen regeling statutaire bestuurder” (deed in Dutch)
- Director resignation, Roger Struyf (statutory director)
- Director discharge, Roger Struyf
- Director appointment, Roger Struyf (director (not named in the articles))
- Registered-office move, 3120 Tremelo, Baalsebaan 31 bus 00.02
- Legal-form conversion, “besloten vennootschap met beperkte aansprakelijkheid” (deed in Dutch)
Show earlier events
About the unread acts
Of the 6 Belgian Official Gazette deeds we know for this company, 2 have been read. The other 4 have not been read yet: what they contain is neither established nor disproved here.
Register details
No listing in the Peppol Directory under this enterprise or VAT number. That proves nothing: being listed there is voluntary.
What can you do?
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If you follow this company, Checked tells you the day it appears in the Peppol register.
Register as of 25 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Environmental permits
Source: Omgevingsloket Vlaanderen. Flanders only: Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 24109A0504/00W004 | Flanders | 1,981 m² | 1 · 604 m² | 9.3 m |
How the parcels are linked
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “Het aanleggen, het oordeelkundig uitbouwen en beheren van een onroerend vermogen; alle verrichtingen met betrekking tot onroerende goederen…” (deed in Dutch)
3 activities (deed in Dutch)
- Het aanleggen, het oordeelkundig uitbouwen en beheren van een onroerend vermogen; alle verrichtingen met betrekking tot onroerende goederen, waaronder ook gronden, en onroerende zakelijke rechten zoals onder meer erfpacht- en opstalrechten en de huurfinanciering van onroerende goederen aan derden, het aankopen en verkopen zowel in volle eigendom als in vruchtgebruik en/of blote eigendom, ruilen, doen bouwen, doen verbouwen, onderhouden, verhuren, huren, verkavelen, prospecteren en uitbaten van onroerende goederen, de aan- en verkoop, huur en verhuur van roerende goederen betreffende de inrichting en uitrusting van onroerende goederen, alsmede alle handelingen die rechtstreeks of onrechtstreeks met dit voorwerp in verband staan en die van aard zijn de opbrengst van de roerende en onroerende goederen te bevorderen
- Het aanleggen, het oordeelkundig uitbouwen en beheren van een roerend patrimonium, alle verrichtingen met betrekking tot roerende goederen en rechten, van welke aard ook, zoals het verwerven door inschrijving of aankoop en het beheren van aandelen, obligaties, kasbons of andere roerende waarden, van welke vorm ook, van Belgische of buitenlandse, bestaande of nog op te richten rechtspersonen en ondernemingen
- Zowel voor eigen rekening als voor rekening van derden of in deelneming met derden bij te dragen tot de vestiging en de ontwikkeling van ondernemingen
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- PULLAAR
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaams Gewest, kan verplaatst worden in het Vlaamse en Hoofdstedelijk gewest bij besluit van het bestuursorgaan” (deed in Dutch)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- “Artikel 11. Iedere bestuurder heeft de meest uitgebreide bevoegdheid om alleen alle handelingen te stellen die nodig of dienstig zijn voor…”
- Board ruleHow the board is made up, meets and takes decisions.
- “Één of meer bestuurders, al dan niet aandeelhouder” (deed in Dutch)“Voor de duur van haar bestaan zal de vennootschap bestuurd worden door één of meer bestuurders, al dan niet aandeelhouder” (deed in Dutch)1 more provision on this in the deed
- Power of attorneyA special mandate allowing someone to perform one or more acts on the company's behalf.
- One provision in the deed
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- “Op naam, In de zetel van de vennootschap wordt overeenkomstig artikel 5:24 van het Wetboek van vennootschappen en verenigingen een…” (deed in Dutch)
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “In geval van weigering tot toestemming voor een overdracht van aandelen onder levenden, of indien erfgenamen of legatarissen van aandelen…” (deed in Dutch)
- Share issue ruleHow and by whom new shares can be issued.
- “15, dag van de openstelling van de intekening” (deed in Dutch)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- First Saturday of June at 20:00
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Ontbinding op elk moment door beslissing algemene vergadering in vormen voor statutenwijziging” (deed in Dutch)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- One provision in the deed