Summary
Conclusion
the dossier summarised in one paragraphThe computed 12-month bankruptcy probability of PULVIVER is 0.6% (low). The 2024 annual accounts show equity of €2.73M and a net result of €37k. Equity remains stable across the filed fiscal years (±1.4% per year). The company has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals.
Based on the State Gazette, CBE and 7 annual accounts.
Signals
Insufficient current data: the most recent filed accounts (financial year 2019) are too old to derive current signals.
Filing behaviour
From the deposit records, complete market-wideDeadline passed, not yet counted as missing
The deadline for the year that closed on 31-12-2025 passed on 31-07-2026, 13 days ago. Our copy of the deposit register trails the National Bank (measured: median 14 days, p99 45 days), so we only call this filing missing from 45 days past the deadline.
Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-08-2025, 29 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
How we compute the deadline
The year end is derived from 10 filed financial years, each closing on 31-12. The statutory deadline is seven months after the close of the financial year (art. 3:10 par. 1 CAC, art. 3:47 par. 7 for ASBL and foundations). Applied to the financial year that closed on 31-12-2024, that is 31-07-2025.
Deadline per financial year
| Year closed | Due by | Filed | Variance | Reference |
|---|---|---|---|---|
| 31-12-2025 | 31-07-2026 | nothing on record | not filed | - |
| 31-12-2024 | 31-07-2025 | 29-08-2025 | 29 d late | 2025-00444785 |
| 31-12-2023 | 31-07-2024 | 30-08-2024 | 30 d late | 2024-00434355 |
| 31-12-2022 | 31-07-2023 | 27-07-2023 | 4 d early | 2023-00289100 |
| 31-12-2021 | 31-07-2022 | 27-07-2022 | 4 d early | 2022-20230469 |
| 31-12-2020 | 31-07-2021 | 08-10-2021 | 69 d late | 2021-71600254 |
| 31-12-2019 | 31-07-2020 | 30-11-2020 | 122 d late | 2020-73600162 |
| 31-12-2018 | 31-07-2019 | 30-08-2019 | 30 d late | 2019-61800336 |
| 31-12-2017 | 31-07-2018 | 30-10-2018 | 91 d late | 2018-71000105 |
| 31-12-2016 | 31-07-2017 | 30-08-2017 | 30 d late | 2017-54100514 |
| 31-12-2015 | 31-07-2016 | 17-10-2016 | 78 d late | 2016-65800138 |
Source: the National Bank's deposit records. Those records are complete, including for years whose figures we have not read yet. Filing late covers nearly half the market and is therefore not scored; only not filing, being more than 90 days late and breaking a punctual record carry weight.
Trust signals
2 signalsEstablished
Founded in 2010, 15 years in business.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.
Administrative Flags
No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
Bankruptcy probability (12 mo)
Checked model v1 · free for everyone0.6%
Low
0%0,5%1,5%4%10%≥25%
Higher-failure-rate sector
+Long track record
−Annual accounts: healthy financial profile
−
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
Financials
Turnover€12.77M-38.8%
EBIT margin2.1%+0.1pp
Net result€37k-81.3%
Working capital€1.88M-26.1%
Annual accounts & ratios
Source: NBB · 2024Annual accounts filed on 29-08-2025 with the NBB · fiscal year 2024 · ander
Trajectory (indicative)
Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.
stable
Equity: stable across 7 fiscal years (±1.4%/year).
Solid line = filed figures · dashed = extended trend · area = indicative range.
How do we compute this?
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).
€12.77M
-38.8%
18-24
€523k
-21.2%
18-24
€37k
-81.3%
18-24
€289k
-33.9%
18-24
€8.00M
-18.3%
18-24
€2.73M
+1.4%
18-24
€1.88M
-26.1%
18-24
9
-2.1%
18-24
€738k
+8.5%
18-24
€20k
-73.9%
18-24
€5.27M
-25.8%
18-24
€5.05M
-16.3%
18-24
€145k
-86.0%
18-24
1.37
-3.5%
18-24
0.48
-22.6%
18-24
34.1%
+24.1%
18-24
1.93
-26.8%
18-24
1.3%
-81.6%
18-24
0.5%
-77.1%
18-24
0.3%
-69.5%
18-24
4.1%
+28.8%
18-24
2.50
-55.3%
18-24
Figures by fiscal year
| Fiscal year | 2024 |
|---|---|
| Deposit | ander |
| Revenue | €12.77M |
| EBITDA | €523k |
| Net profit | €37k |
| Cash flow | €289k |
| Staff costs | €738k |
| Income taxes | €20k |
| Dividends | - |
| Total assets | €8.00M |
| Equity | €2.73M |
| Debt | €5.27M |
| of which ≤ 1y | €5.05M |
| of which > 1y | €145k |
| Working capital | €1.88M |
| Employees (FTE) | 9.4 |
Ratios (computed)
| 2024 | |
|---|---|
| Current ratio | 1.37 |
| Quick ratio | 0.48 |
| Working capital ratio | 23.5% |
| Solvency | 34.1% |
| Debt / equity | 1.93 |
| Long-term debt ratio | 0.05 |
| Interest coverage | 2.50 |
| Gross margin | 33.1% |
| Net margin | 0.3% |
| ROA | 0.5% |
| ROE | 1.3% |
| EBITDA margin | 4.1% |
| Days sales outstanding | 39d |
| Days payable outstanding | 58d |
| Inventory turnover | 1.89 |
| Days inventory (DSI) | 193d |
Balance-sheet composition 2024
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €8.00M |
| Fixed assets | 21/28 | €1.07M |
| Intangible fixed assets | 21 | €205k |
| Tangible fixed assets | 22/27 | €853k |
| Financial fixed assets | 28 | €15k |
| Current assets | 29/58 | €6.93M |
| Stocks & contracts in progress | 3 | €4.52M |
| Amounts receivable within one year | 40/41 | €2.10M |
| Cash & bank | 54/58 | €269k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €8.00M |
| Equity | 10/15 | €2.73M |
| Contributions / capital | 10/11 | €50k |
| Reserves | 13 | €5k |
| Accumulated profits (losses) | 14 | €2.67M |
| Amounts payable | 17/49 | €5.27M |
| Amounts payable after one year | 17 | €145k |
| Amounts payable within one year | 42/48 | €5.05M |
| Trade debts payable within one year | 44 | €1.37M |
| Income statement | ||
| Turnover | 70 | €12.77M |
| Operating result | 9901 | €271k |
| Financial income | 75 | €16k |
| Financial charges | 65 | €231k |
| Result before taxes | 9903 | €57k |
| Income taxes | 67/77 | €20k |
| Net result for the period | 9904 | €37k |
| Result to be appropriated | 9905 | €37k |
You're seeing the latest fiscal year only. Unlock 4 prior years (figures + ratios) with a paid plan.
See plans →
Ratios computed by Checked.
Health barometer
FY 2024 · computed61
/ 100
Healthy
Computed from 6 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.
Unlock the full score breakdown, per-year score history and the indicative credit limit from Kantoor S.
See plans →Computed by Checked from the NBB filing for FY 2024. Indicative, not credit advice.
Directors
Directors & mandates
9 directorsCurrent directors & mandates
-
Current26-08-2025 → present
-
Current03-01-2024 → present
2 events
- 03-01-2024 Appointed· Managing director
- 21-08-2017 Resigned· Director
Historic, not recently confirmed (1)
These mandates remain open in the register but have not been confirmed by a new act in over six years. They do not count as active directors.
-
Not recently confirmedlast confirmed in an act from 2017
Former directors (6)
-
Former21-08-2017 → 20-12-2019
2 events
- 20-12-2019 Resigned· Manager
- 21-08-2017 Appointed· Manager
-
LBG Invest & ConsultingLegal entityManager· perm. rep.: Julia BakelantsState Gazette act 17159125 (13-11-2017)Former21-08-2017 → 20-12-2019
2 events
- 20-12-2019 Resigned· Manager
- 21-08-2017 Appointed· Manager
-
Former21-08-2017 → 20-12-2019
2 events
- 20-12-2019 Resigned· Manager
- 21-08-2017 Appointed· Manager
-
Former21-08-2017 → 20-12-2019
2 events
- 20-12-2019 Resigned· Manager
- 21-08-2017 Appointed· Manager
-
Former- → 21-08-2017
-
Former- → 01-08-2017
Full appointment history from the Belgian State Gazette. Permanent representatives are shown for corporate directors.
Statutory auditor
2 auditors| Statutory auditor | IRE/IBR number | Tenure |
|---|---|---|
| Moore AuditCurrent Statutory auditor · represented by Ingrid Vosch |
- | 15-06-2023 → present |
| BECKERS, LOENDERS & C Statutory auditor · represented by Luc BECKERS succeeded by Moore Audit in 2023 |
- | 10-01-2017 → 15-06-2023 |
Appointed statutory auditor from the Belgian State Gazette. The IRE/IBR number refers to the register of the Institute of Registered Auditors.
Insolvency mandates
No insolvency mandates (liquidators, administrators) on record for this company.
Legal Structure
| NACE primary | Groothandel in andere voedingsmiddelen, neg(46389) |
| Legal form | Private limited company(610) |
| Incorporation | 30-09-2010 |
| Status | Active |
| Postal code | 6600 |
Structure & network
Connections & network
11 connected companiesGroup structure
Sits on the board · 6 subsidiaries · 3 locations
Control→
Sits on the board · 5 subsidiaries · 1 location
Control→
Sits on the board · 6 subsidiaries · 1 location
Control→
Sits on the board · 7 subsidiaries · 1 location
Control→
Sits on the board · 6 subsidiaries · 1 location
Control→
Linked via shared directors
viaBert Lodewyckx · Permanent representative
former→
Network connections
Shared corporate director
→
Shared corporate director
→
Shared corporate director
→
Shared corporate director
→
Shared corporate director
→
Connections derived from shared directors, addresses, shareholders and group structure in the Belgian State Gazette.
Ownership & control
5 partiesControl over this companysits on this company's board5
6 subsidiaries · 3 locations
7 subsidiaries · 1 location
6 subsidiaries · 1 location
6 subsidiaries · 1 location
5 subsidiaries · 1 location
controls
PULVIVERBE 0829.761.358
Each band states what its claims rest on. A board seat is influence over the board, not ownership. Court mandates (receiver, interim administrator) and liquidation mandates do not link companies and are therefore absent here; they belong under Directors & mandates.
Locations & real estate
Registered office
from the Crossroads BankCannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Rue de la Fagne d'Hi 396600 BastogneEstablishment units
1 locationPULVIVER
since 20102.192.124.180
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Parcels1
Ground area1.2 ha
Buildings1
Building footprint1,128 m²
Volume (LiDAR)11,692 m³
Tallest building22.6 m · ±3 fl.
Real-estate footprint
Source: CBE × cadastre · address linkingParcels 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.
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 82302C1088/00H000 | Wallonia | 1.2 ha | 1 · 1,128 m² | 22.6 m · 3 fl. |
Methodology
via registered seat: 1
1 of 1 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Publications
Lifecycle & Insolvency Signals
No insolvency signals in the Belgian State Gazette
Belgisch Staatsblad · acts
8 acts All acts · 8
updated 8 months ago
2025
10-12-2025 Ingrid Vosch reappointed as statutory auditor
04-11-2025 1 director appointed, 2 resigning
- Ronaldus van Beek, Gedelegeerd bestuurder
- Mirusse SRL, Bestuurder
- Mirusse SRL, Gedelegeerd bestuurder
Summary:
v3.2
2024
05-02-2024 Articles of association amended
Summary:
v3.2
2023
15-06-2023 Ingrid Vosch appointed as statutory auditor
2020
30-06-2020 1 director appointed, 4 resigning
- Ingrid VOSCH, Commissaris
- Louis Lodewyckx, Zaakvoerder
- Leen Lodewyckx, Zaakvoerder
- Guy Lodewyckx, Zaakvoerder
- Julia Bakelants, Zaakvoerder
Summary:
v3.2
2017
13-11-2017 5 directors appointed, 3 resigning
- Louis Lodewyckx, Zaakvoerder
- Julia Bakelants, Zaakvoerder
- Bert Lodewyckx, Zaakvoerder
- Leen Lodewyckx, Zaakvoerder
- Guy Lodewyckx, Zaakvoerder
- Nelly Gelens, Gedelegeerd bestuurder
- Bert Lodewyckx, Bestuurder
- Louis Lodewyckx, Bestuurder
Summary:
v3.2
10-01-2017 Luc BECKERS appointed as statutory auditor
2010
11-10-2010 Incorporation of a new SRL
Summary:
oprichting
Analysis
Snowflake analysis
financial profile on 5 axes58
/ 100
Mixed profile: strong on stability, weaker on profitability.
All 5 axes are computed from data Checked has read.
Health
61
Profitability
18
Solvency
62
Growth
50
Stability
100
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Company registry
Company registry (CBE)
Crossroads BankActivities
Vervaardiging van andere voedingsmiddelen, n.e.g.10890Vervaardiging van andere voedingsmiddelen, neg10890Groothandel in andere voedingsmiddelen, n.e.g.46389Groothandel in andere voedingsmiddelen, neg46389
Primary activity highlighted.
Names & trade names
| Legal nameFR | PULVIVER |
| AbbreviationFR | PUL |
Registered office
Rue de la Fagne d'Hi 39
6600 Bastogne, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.