PULMO
The computed 12-month bankruptcy probability of PULMO is 0.1% (very low). The 2025 annual accounts show negative equity (€-1.13M) and a net result of €133k. Equity is growing by ~10.2% per year across the filed fiscal years. Its solvency ranks better than 5% of 2200 sector peers (fiscal year 2025). The company has been active since 1996 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €-1.13M |
| Net result | €133k |
| Better than sector | 5% |
| Active | 30 yrs |
Fragile profile, watch profitability in particular.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
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The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | -179.7% | 57.9% | |
| Net result | €133k | €60k | |
| Equity | €-1.13M | €74k | |
| Gross operating margin | €304k | €96k | |
| Total assets | €626k | €186k |
| Fiscal year | 2025 |
|---|---|
| Revenue | - |
| EBITDA | €297k |
| Net profit | €133k |
| Cash flow | €209k |
| Staff costs | - |
| Income taxes | €41k |
| Dividends | - |
| Total assets | €626k |
| Equity | €-1.13M |
| Debt | €1.75M |
| of which ≤ 1y | €1.33M |
| of which > 1y | €424k |
| Working capital | €-1.30M |
| Employees (FTE) | - |
| 2025 | |
|---|---|
| Current ratio | 0.02 |
| Quick ratio | 0.02 |
| Working capital ratio | -208.1% |
| Solvency | -179.7% |
| Debt / equity | -1.56 |
| Long-term debt ratio | -0.38 |
| Interest coverage | 6.30 |
| Gross margin | - |
| Net margin | - |
| ROA | 21.3% |
| ROE | -11.9% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2025 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €626k |
| Fixed assets | 21/28 | €604k |
| Tangible fixed assets | 22/27 | €604k |
| Current assets | 29/58 | €23k |
| Amounts receivable within one year | 40/41 | €9k |
| Cash & bank | 54/58 | €14k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €626k |
| Equity | 10/15 | €-1.13M |
| Contributions / capital | 10/11 | €5.21M |
| Reserves | 13 | €333k |
| Accumulated profits (losses) | 14 | €-6.67M |
| Amounts payable | 17/49 | €1.75M |
| Amounts payable after one year | 17 | €424k |
| Amounts payable within one year | 42/48 | €1.33M |
| Trade debts payable within one year | 44 | €4k |
| Income statement | ||
| Gross operating margin | 9900 | €304k |
| Operating result | 9901 | €221k |
| Financial income | 75 | €0 |
| Financial charges | 65 | €47k |
| Result before taxes | 9903 | €174k |
| Income taxes | 67/77 | €41k |
| Net result for the period | 9904 | €133k |
| Result to be appropriated | 9905 | €133k |
| NACE primary | General medical practice(86210) |
| Legal form | Private limited company(610) |
| Incorporation | 28-03-1996 |
| Status | Active |
| Postal code | 9500 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41050A0471/00K000 | Flanders | 280 m² | 1 · 280 m² | 16.8 m · 3 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
10-07-2024 All shares are now held by a single shareholder
Technical details
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}13-06-2024 4 directors appointed, 1 resigning
- Michaël Mignolet, Bestuurder
- Mathieu Segaert, Gedelegeerd bestuurder
- Andreas Mahieu, Gedelegeerd bestuurder
- KPMG Law BV, Gedelegeerd bestuurder
- Alex Flamant, Bestuurder
Technical details
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}28-12-2023 Flamant Alex appointed as director
- Flamant Alex, Bestuurder
Technical details
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}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameNL | PULMO |