Equity
-€1.1m
Debts exceed assets in financial year 2025.
PULMO
Lifetime
20 annual accounts with figures on one time axis, 29 filings since 1997peak €303,554 (2025)
€303,554▲ 139%
lowest -€3.8m (2017)
€133,396▼ 21.8%
peak €6.8m (2009)
-€1.1m▲ €133,396
€1.8m▼ 4.2%
Board2 names since 2021
1 director
Documentsfilings and deeds
08-06-202653 days before the deadline
2025micro format
Gross margin from €127,274 to €303,554Investments €249,108Cash from €7,791 to €14,008
Key points
from the 2025 annual accountsDebts
€1.8m 280% of the balance sheet
Financial debts 24%Suppliers 0%Taxes and wages 1%Other 74%
Of this, €1.3m falls due within a year.
Investments
€254,069 3.4 × depreciation
Green is investment, beige is depreciation. Land and buildings stand 66.7% higher than in 2024.
Filings
29 annual accounts since 1997
Two of the last ten came late. The 2017 accounts came latest: 57 days after the end of the period.
Restructuring
2024
Merger with Dr. . Merger on 28-06-2024.
Position in the sector
-179.7%
Lower solvency than 95% of companies in human health. Sector median 63.0% · 21,311 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 317 companies had the same profile as PULMO has now. Each dot is one company, two years later.
91.8%
were still trading
4.1%
stopped another way
1.6%
went bankrupt
Another 2.5% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,762 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 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
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 317 companies, not a prediction for PULMO. 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
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Signals
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0457739931
Merger: ALBITINO takes over Dr.
Company renamed from ALBITINO to PULMO · Capital increase of €6,197 · 750 new shares · General meeting of 14-08-2024 · Gazette deed
Merger proposal: ALBITINO takes over Dr.
Name change: Pulmo · Gazette deed
A shareholder holds 179,791 shares
Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| PULMO Geraardsbergen | €626,260 | €303,554 | -179.7% | - |
| MEDIPRACT Diepenbeek | €676,444 | €298,079 | 94.6% | - |
| CENTRE MEDICAL BALBEC Liège | €647,468 | €273,500 | 91.0% | - |
| DOKTER JAN POELMAN Ghent | €692,594 | €286,828 | 93.6% | - |
| DOKTER P. MUYLAERT Merelbeke-Melle | €708,751 | €317,192 | 92.8% | - |
| Dr. Van Cauteren André, huisarts, verzekeringsgeneeskunde en medische expertise Sint-Niklaas | €796,872 | €266,700 | 45.5% | - |
| Dr. Christian HANTSON, huisarts Ronse | €861,063 | €335,269 | 98.6% | - |
These companies have the same main activity as PULMO: general medical practice (NACE 86210). They are comparable in size and age: total assets between €647,000 and €861,000, founded between 1992 and 2003.
Official details
Source: KBO- Status
- Active since 28-03-1996Normal situation
- Activity
- General medical practiceNACE 86210
- Establishment unit
- 2.076.790.9829500 Geraardsbergen, since 15-05-1996
- Financial year end
- 31 December
- Peppol
- Reachable since 31-03-2026
Annual accounts 2025
- ≈ €470,000estimated
- €626,260▲ 10.1%
- Filing
- Filed on 08-06-2026, 53 days before the end of the filing period
Insights on PULMO
PULMO files the micro format. That format states no turnover. The gross margin rose from €76,613 in 2006 to €303,554 in 2025.
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 PULMO
- What is the company number of PULMO?
- The company number of PULMO is 0457.739.931. The VAT number is the same number with BE in front: BE 0457.739.931.
- Where is PULMO based?
- The registered office is at Onkerzelestraat 122, 9500 Geraardsbergen.Company details
- What does PULMO do?
- According to the KBO register, the main activity is general medical practice (NACE 86210).
- What is the legal form of PULMO?
- PULMO is a private limited company (BV).
- When was PULMO founded?
- PULMO was founded on 28-03-1996.
- Is PULMO still active?
- Yes, PULMO is an active enterprise in the KBO register.
- What is the turnover of PULMO?
- The turnover in financial year 2025 is ≈ €470,000. This figure is estimated from the gross margin of €303,554 and 37 comparable companies (NACE 862). It probably lies between €410,000 and €590,000.Financials
- Is PULMO profitable?
- In financial year 2025, PULMO made a profit of €133,396.
- Where can I find the annual accounts of PULMO?
- PULMO filed 29 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of PULMO due?
- PULMO must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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