PULLPY
ActiveSummary
PULLPY has been active since 2017 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €9,142 and a net result of €4,850. Equity is growing by about 31% per year across the filed financial years. Its solvency ranks better than 36% of 16,658 sector peers (NACE 56, financial year 2025). The computed 12-month bankruptcy probability is 0.9% (low).
Overview
- Equity
- €9,142
- Profit
- €4,850
Why 68raises riskSector: Food and beverage service activities (NACE 56)1 change of registered office in 24 monthslowers riskLiquidity: current ratio 1.30, cash €52,412Figures for financial year 2025 (filed 03-05-2026)Show the evidence
Checked score
About 9 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 (NACE 56, micro): better than 36% on solvency, 63% on liquidity, 62% on profitability and 90% on growth.
The bankruptcy probability was computed on 18-10-2026 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 on the deadline day; the sector median (NACE 56) for financial year 2024 is 6 days after the deadline, and 53% of those companies filed late.
Searched, nothing found (2)
- Resignation: GHARDA Mohamed Ali (manager)Appointment: GHARDA Mohamed Ali (director)…
- Annual accounts filedfinancial year 2025 · micro…
- Back to profitnet €4,850
Financials · financial year 2025, micro format
2021 to 2025, 5 financial years 2019 to 2025, 7 financial years
The operating result returns to profit in 2025: €9,449 after a loss of €9,462 in 2024.
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.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 56, Food and beverage service activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Peer companies
Historical observationOf the 6,713 companies that looked in July 2024 the way this one looks now, 1.8% went bankrupt within 24 months and 95.8% are still going.
- Micro
- 5 to 10 years old
- solvency 10 to 30%
- a profit of 5% of the balance sheet or more
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.9% 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 497,472 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 74.5% 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 6,713 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 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | €1 | €1,082 | €700 | €652 | €9,626 | ▲ 1,376% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €7,557 | €2,878 | €530 | €423 | €776 | €963 | €919 | ▼ 4.6% |
| Other operating charges640/8 | - | - | €146 | €917 | €152 | €2,825 | €691 | ▼ 75.6% |
| Gross operating margin9900 | -€4,497 | €13,189 | -€1,707 | €16,951 | €2,768 | -€5,022 | €20,685 | - |
| Operating profit (loss)9901 | -€12,152 | €10,311 | -€2,385 | €14,529 | €1,140 | -€9,462 | €9,449 | - |
| Financial income75/76B | - | - | €7 | €2 | €87 | €46 | - | - |
| Recurring financial income75 | - | - | €7 | €2 | €87 | €46 | - | - |
| Financial charges65/66B | - | - | €238 | €334 | €401 | €419 | €521 | ▲ 24.4% |
| Recurring financial charges65 | €403 | €409 | €238 | €334 | €401 | €419 | €521 | ▲ 24.4% |
| Profit (loss) for the period before taxes9903 | -€12,555 | €9,902 | -€2,615 | €14,197 | €825 | -€9,835 | €8,928 | - |
| Income taxes67/77 | - | - | - | - | - | - | €4,078 | - |
| Profit (loss) for the period9904 | -€12,555 | €9,902 | -€2,615 | €14,197 | €825 | -€9,835 | €4,850 | - |
| Profit (loss) for the period to be appropriated9905 | -€12,555 | €9,902 | -€2,615 | €14,197 | €825 | -€9,835 | €4,850 | - |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €14,325 | €23,264 | €16,193 | €29,293 | €40,651 | €16,557 | €66,092 | ▲ 299% |
| Fixed assets21/28 | €3,478 | €601 | €1,726 | €1,303 | €2,807 | €1,844 | €924 | ▼ 49.9% |
| Tangible fixed assets22/27 | €3,478 | €601 | €1,226 | €803 | €2,307 | €1,344 | €424 | ▼ 68.4% |
| Plant, machinery and equipment23 | - | - | - | - | €1,787 | €1,105 | €424 | ▼ 61.6% |
| Furniture and vehicles24 | - | - | €1,226 | €803 | €520 | €238 | - | - |
| Financial fixed assets28 | - | - | €500 | €500 | €500 | €500 | €500 | = |
| Current assets29/58 | €10,846 | €22,664 | €14,467 | €27,990 | €37,844 | €14,713 | €65,168 | ▲ 343% |
| Amounts receivable within one year40/41 | €7,684 | €15,268 | €12,588 | €10,540 | €5,434 | €11,058 | €12,756 | ▲ 15.4% |
| Trade receivables40 | - | - | €2,496 | - | €4,984 | €8,905 | €5,195 | ▼ 41.7% |
| Other amounts receivable41 | - | - | €10,093 | €10,540 | €450 | €2,152 | €7,562 | ▲ 251% |
| Cash at bank and in hand54/58 | €3,162 | - | €1,336 | €17,450 | €32,410 | €3,655 | €52,412 | ▲ 1,334% |
| Deferred charges and accrued income490/1 | - | - | €542 | - | - | - | - | - |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €14,325 | €23,264 | €16,193 | €29,293 | €40,651 | €16,557 | €66,092 | ▲ 299% |
| Equity10/15 | -€8,183 | €1,719 | -€896 | €13,301 | €14,126 | €4,292 | €9,142 | ▲ 113% |
| Contributions10/11 | €6,200 | - | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Profit (loss) carried forward14 | -€14,383 | -€4,481 | -€7,096 | €7,101 | €7,926 | -€1,908 | €2,942 | - |
| Amounts payable17/49 | €22,508 | €21,546 | €17,089 | €15,992 | €26,525 | €12,265 | €56,950 | ▲ 364% |
| Amounts payable after more than one year17 | €17,554 | €14,877 | €15,290 | €10,720 | €12,500 | - | €6,763 | - |
| Financial debts170/4 | - | - | - | - | - | - | €6,763 | - |
| Other amounts payable178/9 | - | - | €15,290 | €10,720 | €12,500 | - | - | - |
| Amounts payable within one year42/48 | €4,954 | €6,669 | €1,799 | €5,272 | €14,025 | €12,265 | €50,187 | ▲ 309% |
| Trade debts44 | €4,565 | €5,843 | €1,649 | €5,121 | €12,918 | €11,635 | €40,988 | ▲ 252% |
| Suppliers440/4 | - | - | €1,649 | €5,121 | €12,918 | €11,635 | €40,988 | ▲ 252% |
| Taxes, remuneration and social security45 | - | - | €151 | €151 | €1,107 | €630 | €9,199 | ▲ 1,360% |
| Taxes450/3 | - | - | €151 | €151 | €1,107 | €630 | €9,199 | ▲ 1,360% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€12,555 | €9,902 | -€2,615 | €14,197 | €825 | -€9,835 | €4,850 | - |
| + Depreciation and write-downs630 | €7,557 | €2,878 | €530 | €423 | €776 | €963 | €919 | ▼ 4.6% |
| Operating cash flow (approximation) | -€4,999 | €12,779 | -€2,085 | €14,620 | €1,601 | -€8,871 | €5,770 | - |
| Investment in fixed assets (approximation) | - | €0 | -€1,655 | €0 | -€2,280 | €0 | €0 | - |
| Change in cash | - | - | - | €16,114 | €14,960 | -€28,755 | €48,756 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (8)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 30-09-2025 | micro format | 30-04-2026 | 2026-00099386 |
| 30-09-2024 | micro format | 24-03-2025 | 2025-00052285 |
| 30-09-2023 | micro format | 26-04-2024 | 2024-00069702 |
| 30-09-2022 | micro format | 26-04-2023 | 2023-00066157 |
| 30-09-2021 | micro format | 29-04-2022 | 2022-20013504 |
| 30-09-2020 | micro format | 30-04-2021 | 2021-11900550 |
| 30-09-2019 | micro format | 12-06-2020 | 2020-16200084 |
| 30-09-2018 | micro format | 14-06-2019 | 2019-18100402 |
Similar companies · same sector, comparable size
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
- began earlier
| Name | Functions and periods |
|---|---|
| GHARDA Mohamed Ali |
|
Owners and capital
Capital and shareholders
- 17-06-2026 Converted to unavailable equity
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
17-06
Gazette deed
Resignation: GHARDA Mohamed Ali (manager)Appointment: GHARDA Mohamed Ali (director) · Name change · Declaration21 facts ▸
- General meeting, “regelmatig samengesteld, buitengewone algemene vergadering der aandeelhouders” (deed in Dutch)
- Name change, PULLPY
- Declaration, “PULLPY” (deed in Dutch)
- Declaration, “naamopzoeking, naam bestaat nog niet” (deed in Dutch)
- Declaration, “naamkeuze en voorlichting WVV, wijziging en schadevergoeding bij identiteit of verwarring” (deed in Dutch)
- Registered-office move, 1000 Brussel, Koloniënstraat 11
- Other provision, “Wetboek van vennootschappen en verenigingen” (deed in Dutch)
- Legal-form conversion, “besloten vennootschap” (deed in Dutch)
- Amendment of the articles (3 times)
- Amendment of the articles, 2
- Capital conversion, “statutair onbeschikbare eigen vermogensrekening” (deed in Dutch)
- Purpose change
- +9 further facts in this act
About the unread acts
Of the 6 Belgian Official Gazette deeds we know for this company, 1 has been read. The other 5 have not been read yet: what they contain is neither established nor disproved here.
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 18 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 21804D1424/00E002 | Brussels | 3,406 m² | 1 · 3,354 m² | 35.3 m · 9 |
How the parcels are linked
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “Horeca,voedingsdiensten,catering,restaurants,cafés,bars,hotels,drankgelegenheden,verbruikssalons,tearooms,traiteurdiensten en aanverwante…” (deed in Dutch)
16 activities (deed in Dutch)
- Horeca,voedingsdiensten,catering,restaurants,cafés,bars,hotels,drankgelegenheden,verbruikssalons,tearooms,traiteurdiensten en aanverwante activiteiten;
- Exploitatie van beenhouwerijen,kruidenierszaken,banketbakkerijen,handelszaken en kleinhandel;
- Organisatie van evenementen,banketten,feestelijkheden en verhuur van zalen;
- Bereiding,productie,aankoop,verkoop,import en export van voedingsmiddelen,dranken en aanverwante producten;
- Informatietechnologie,software,hardware,telecommunicatie,digitale diensten,computerondersteuning en technische dienstverlening;
- E-commerce,exploitatie van webshops,online verkoopplatformen,digitale marktplaatsen,internetmarketing en elektronische handel;
- Goederen- en personenvervoer,logistieke activiteiten,verhuisactiviteiten,verpakkingswerkzaamheden en transportdiensten;
- Land- en tuinbouwondersteunende werkzaamheden en onderaannemingswerken;
- Algemene en industriële schoonmaakdiensten;
- Bouw-,aannemings-,renovatie-,onderhouds-,restauratie- en afwerkingswerken;
- Schilder-,lak-,behang-,gevel- en decoratiewerken,zowel binnen als buiten;
- Infrastructuurwerken,grondwerken,funderingswerken,betonwerken,metselwerken,wegenwerken en alle aanverwante werkzaamheden;
- Vastgoedactiviteiten,vastgoedontwikkeling,aankoop,verkoop,verhuur,beheer,verkaveling en exploitatie van onroerende goederen;
- Aankoop,verkoop,import,export,distributie en vertegenwoordiging van textiel,kleding,bouwmaterialen,sanitaire artikelen,meubels,decoratieartikelen en diverse goederen;
- Aankoop,verkoop,invoer,uitvoer,verhuur,onderhoud en herstelling van voertuigen,onderdelen,accessoires en aanverwante producten en diensten;
- Alle activiteiten die rechtstreeks of onrechtstreeks verband houden met voormelde activiteiten of die de verwezenlijking ervan kunnen bevorderen.
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- PULLPY
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- One provision in the deed
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- “Algemene vergadering die bestuurder(s)benoemt bepaalt aantal,duur van opdracht en bij meerdere bevoegdheid, benoemd met of zonder beperking…” (deed in Dutch)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Second Friday of March at 19:00