Pulver
ActiveSummary
Pulver has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show negative equity (-€147,478) and a net result of €144,426. Equity is growing by ~17.4% per year across the filed fiscal years. Its solvency ranks better than 6% of 9086 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability100▲+13
Solvency0=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.01 against 0.31 in 2023; short-term debt: 127.9% and cash: 0% of total assets), and equity is negative.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
-27.9%
Return on assets
27.3%
Age of the figures
21 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Wholesale trade (NACE 46)
about 21% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 6% of 9086 sector peers (2024).
NBB · sector comparisonPosition among 9086 sector peers
Solvency
better than 6%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 24-07-2025, 7 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
7 d early
2023
27 d early
2022
27 d early
2021
12 d late
2020
21 d early
2019
28 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 7 days before the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, abbreviated schema
Equity
-€147,478▲ 49.5%
2023 · -€291,905
Total assets
€529,402▼ 41.0%
2023 · €898,051
Net result
€144,426▲ 11.3%
2023 · €129,785
Working capital
-€672,411▲ 17.7%
2023 · -€816,838
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 46, Wholesale trade, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€81,327€435▼ 99.5%€393,881▲ 90,481%€129,943▼ 67.0%€144,575▲ 11.3%
Net result€42,522within the sector's middle half€44below the sector's middle half▼ 99.9%€393,717above the sector's middle half▲ 899,618%€129,785within the sector's middle half▼ 67.0%€144,426within the sector's middle half▲ 11.3%
Equity-€815,450below the sector's middle half▲ 5.0%-€815,406below the sector's middle half=-€421,690below the sector's middle half▲ 48.3%-€291,905below the sector's middle half▲ 30.8%-€147,478below the sector's middle half▲ 49.5%
Total assets€224,814below the sector's middle half▼ 1.4%€186,443below the sector's middle half▼ 17.1%€870,150within the sector's middle half▲ 367%€898,051within the sector's middle half▲ 3.2%€529,402below the sector's middle half▼ 41.0%
Debt€1.0m▼ 4.2%€1.0m▼ 3.7%€1.3m▲ 28.9%€1.2m▼ 7.9%€676,880▼ 43.1%
Working capital-€807,460below the sector's middle half▲ 5.4%-€815,416below the sector's middle half▼ 1.0%-€946,623below the sector's middle half▼ 16.1%-€816,838below the sector's middle half▲ 13.7%-€672,411below the sector's middle half▲ 17.7%
Solvency-362.7%below the sector's middle half▲ 13.5pp-437.3%below the sector's middle half▼ 74.6pp-48.5%below the sector's middle half▲ 388.9pp-32.5%below the sector's middle half▲ 16.0pp-27.9%below the sector's middle half▲ 4.6pp
Current ratio0.22below the sector's middle half▲ 0.010.19below the sector's middle half▼ 0.030.27below the sector's middle half▲ 0.080.31below the sector's middle half▲ 0.050.01below the sector's middle half▼ 0.31
Return on assets (ROA)18.9%above the sector's middle half▲ 49.4pp0.0%below the sector's middle half▼ 18.9pp45.2%above the sector's middle half▲ 45.2pp14.5%above the sector's middle half▼ 30.8pp27.3%above the sector's middle half▲ 12.8pp
Staff (FTE)0below the sector's middle half
above
within
below
the middle half (P25 to P75) of NACE 46, Wholesale trade, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 11% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €529,402
Fixed assets
€524,933 =
Current assets
€4,469 ▼ 98.8%
Key figures and ratios
Debt to equity
-4.59▼
2023 · -4.08
Debt ≤ 1 year
€676,880▼
2023 · €1.2m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | €1,215 | €0 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €10 | €0 | €10 | €0 | - | - |
| Other operating charges640/8 | - | €20,172 | €24,402 | €282 | €241 | ▼ 14.6% |
| Non-recurring operating charges66A | - | €0 | - | - | - | - |
| Gross operating margin9900 | €85,625 | €20,607 | €418,293 | €130,225 | €144,816 | ▲ 11.2% |
| Operating profit (loss)9901 | €81,327 | €435 | €393,881 | €129,943 | €144,575 | ▲ 11.3% |
| Financial income75/76B | - | €0 | - | €4 | €0 | ▼ 100% |
| Recurring financial income75 | €101 | €0 | - | €4 | €0 | ▼ 100% |
| Financial charges65/66B | - | €391 | €164 | €161 | €149 | ▼ 7.9% |
| Recurring financial charges65 | €38,905 | €391 | €164 | €161 | €149 | ▼ 7.9% |
| Profit (loss) for the period before taxes9903 | €42,522 | €44 | €393,717 | €129,785 | €144,426 | ▲ 11.3% |
| Profit (loss) for the period9904 | €42,522 | €44 | €393,717 | €129,785 | €144,426 | ▲ 11.3% |
| Profit (loss) for the period to be appropriated9905 | €42,522 | €44 | €393,717 | €129,785 | €144,426 | ▲ 11.3% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €224,814 | €186,443 | €870,150 | €898,051 | €529,402 | ▼ 41.0% |
| Fixed assets21/28 | €10 | €10 | €524,933 | €524,933 | €524,933 | = |
| Intangible fixed assets21 | €10 | €10 | €0 | - | - | - |
| Tangible fixed assets22/27 | €0 | - | - | - | - | - |
| Financial fixed assets28 | €0 | - | €524,933 | €524,933 | €524,933 | = |
| Current assets29/58 | €224,804 | €186,433 | €345,217 | €373,118 | €4,469 | ▼ 98.8% |
| Stocks and contracts in progress3 | €151,568 | €151,568 | €151,568 | €0 | - | - |
| Stocks30/36 | - | €151,568 | €151,568 | €0 | - | - |
| Amounts receivable within one year40/41 | €73,047 | €34,810 | €193,602 | €373,110 | €4,434 | ▼ 98.8% |
| Trade receivables40 | - | €30,620 | €363 | €0 | - | - |
| Other amounts receivable41 | - | €4,190 | €193,239 | €373,110 | €4,434 | ▼ 98.8% |
| Cash at bank and in hand54/58 | €189 | €55 | €47 | €8 | €34 | ▲ 314% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €224,814 | €186,443 | €870,150 | €898,051 | €529,402 | ▼ 41.0% |
| Equity10/15 | -€815,450 | -€815,406 | -€421,690 | -€291,905 | -€147,478 | ▲ 49.5% |
| Contributions10/11 | - | €25,000 | €25,000 | €25,000 | €25,000 | = |
| Profit (loss) carried forward14 | -€840,450 | -€840,406 | -€446,690 | -€316,905 | -€172,478 | ▲ 45.6% |
| Amounts payable17/49 | €1.0m | €1.0m | €1.3m | €1.2m | €676,880 | ▼ 43.1% |
| Amounts payable after more than one year17 | €8,000 | €0 | - | - | - | - |
| Other amounts payable178/9 | - | €0 | - | - | - | - |
| Amounts payable within one year42/48 | €1.0m | €1.0m | €1.3m | €1.2m | €676,880 | ▼ 43.1% |
| Trade debts44 | €25,485 | €6,051 | €5,645 | €3,242 | €3,869 | ▲ 19.3% |
| Suppliers440/4 | - | €6,051 | €5,645 | €3,242 | €3,869 | ▲ 19.3% |
| Taxes, remuneration and social security45 | - | €48 | €0 | - | - | - |
| Taxes450/3 | - | €48 | €0 | - | - | - |
| Other amounts payable47/48 | - | €995,750 | €1.3m | €1.2m | €673,011 | ▼ 43.3% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €42,522 | €44 | €393,717 | €129,785 | €144,426 | ▲ 11.3% |
| + Depreciation and write-downs630 | €10 | €0 | €10 | €0 | - | - |
| Operating cash flow (approximation) | €42,532 | €44 | €393,727 | €129,785 | €144,426 | ▲ 11.3% |
| Investment in fixed assets (approximation) | - | €0 | -€524,933 | €0 | €0 | - |
| Change in cash | - | -€134 | -€8 | -€39 | €26 | ▲ 167% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
24-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
04-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
04-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Highest result since 2018net €393,717 ▲899,618%
Operating result €393,881, net result €393,717, both a record.
12-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 12 days late
2021
10-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Back to profitnet €42,522
Net result €42,522 after 2 loss-making years.
28-08
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 28 days late
2019
10-09
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 41 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 31 days late
2017
18-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
29-07
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 6 acts read
About the unread acts
We know of 6 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
6 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Evergem · 1 establishment unit since 2008
Ground area
5,742 m²
Building footprint
1,801 m²
Volume, LiDAR
9,013 m³
Parcel 44019B0647/00P000, Flanders · tallest building 8.0 m, ±1 floor. Linked by address, not a title deed.
13
companies at this address
See who is registered here
1 establishment unit
Pulver
since 20082.169.607.710
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44019B0647/00P000 | Flanders | 5,742 m² | 1 · 1,801 m² | 8.0 m · 1 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Owners and holdings
1 owner · 1 holdingChain of control
- LEISURE TECH
- Pulver
Highest known parent: LEISURE TECH. The sources do not say who stands above it.
Owners 1
- LEISURE TECHparent99.5%
Holdings 1
-
66.6%
According to the 2024 annual accounts of Pulver and those of the other companies, the acts in the Belgian Gazette and the LEI register. 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 fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
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Identification & contact
Identification
Legal formPrivate limited company
Founded20-03-2008
Fiscal year end31-12
Activities, NACEBEL 2025
46872Wholesale trade
46879Wholesale trade
E-invoicing
Reachable via Peppol
Peppol ID
0208:0896608513
Registered
27-03-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.