PUNINA
InactivePUNINA was declared bankrupt on 09-03-2023 (Ondernemingsrechtbank Leuven); the bankruptcy was closed by liquidation by judgment of 19-12-2024, published in the Belgian State Gazette on 30-12-2024.
No longer registered with the KBO; last annual accounts for fiscal year 2021.
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2022, 4 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 2 filingsPosition against the passed deadline
31-12-2022 close31-07-2023 deadline22-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2021 was due by 31-07-2022 and was filed on 16-08-2022, 16 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.
NBB · 2 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
16 d late
2020
30 d late
← before the deadline
after the deadline →
Financials · fiscal year 2021, micro schema
Equity
€8k▲ 204%
2020 · €2k
2020: €2k
2020 → 2021
Total assets
€64k▼ 10.2%
2020 · €71k
2020: €71k
2020 → 2021
Net result
€5k
2020 · €-23
2020: €-23
2020 → 2021
Working capital
€-22k▲ 35.8%
2020 · €-34k
2020: €-34k
2020 → 2021
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021Trend
Equity€2k-€8k▲ 204%
Operating result€4k-€9k▲ 120%
Net result€-23-€5k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result rises in 2021; 2021 is 120% above 2020.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €64k
Fixed assets
€54k▼ 12.2%
Current assets
€10k▲ 2.9%
Equity and liabilities €64k
Equity
€8k▲ 204%
Debt
€57k▼ 17.9%
The debt ratio falls from 96.5% to 88.3%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€16k▲
2020 · €10k
Cash flow
€13k▲
2020 · €6k
Solvency
11.7%▲
2020 · 3.5%
Current ratio
0.31▲
2020 · 0.22
Quick ratio
0.22▲
2020 · 0.15
Debt / equity
7.52▼
2020 · 10.49
ROE
67.1%▲
2020 · -0.9%
ROA
7.9%▲
2020 · 0.0%
Interest coverage
4.92
Debt
€57k▼
2020 · €69k
Debt ≤ 1 year
€31k▼
2020 · €43k
Debt > 1 year
€19k▼
2020 · €26k
Income taxes
€187▲
2020 · €67
Staff costs
€6k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2021 against 2020
Balance sheet
Code20202021
Assets
Total assets20/58€71k€64k▼
Fixed assets21/28€62k€54k▼
Tangible fixed assets22/27€62k€54k▼
Land and buildings22-€27k
Plant, machinery and equipment23-€11k
Furniture and vehicles24-€2k
Leasing and similar rights25-€14k
Current assets29/58€9k€10k▲
Stocks and contracts in progress3€3k€3k▼
Stocks30/36-€3k
Amounts receivable within one year40/41€481-
Cash at bank and in hand54/58€4k€6k▲
Deferred charges and accrued income490/1-€1k
Equity and liabilities
Total equity and liabilities10/49€71k€64k▼
Equity10/15€2k€8k▲
Contributions10/11-€3k
Reserves13-€5k
Distributable reserves133-€5k
Profit (loss) carried forward14€-23-
Amounts payable17/49€69k€57k▼
Amounts payable after more than one year17€26k€19k▼
Financial debts170/4-€19k
Amounts payable within one year42/48€43k€31k▼
Current portion of amounts payable after more than one year42-€8k
Trade debts44€2k€1k▼
Suppliers440/4-€1k
Taxes, remuneration and social security45-€884
Taxes450/3-€884
Other amounts payable47/48-€21k
Accrued charges and deferred income492/3-€6k
Income statement
Code20202021
Non-recurring operating income76A-€5k
Remuneration, social security and pensions62-€6k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6k€8k▲
Other operating charges640/8-€3k
Gross operating margin9900€28k€25k▼
Operating profit (loss)9901€4k€9k▲
Financial income75/76B-€0
Recurring financial income75-€0
Financial charges65/66B-€3k
Recurring financial charges65€4k€3k▼
Profit (loss) for the period before taxes9903€44€5k▲
Income taxes67/77€67€187▲
Profit (loss) for the period9904€-23€5k▲
Profit (loss) for the period to be appropriated9905€-23€5k▲
Appropriation of the result
Profit (loss) to be appropriated9906-€5k
Profit (loss) brought forward from the previous period14P-€-23
Transfer to equity691/2-€5k
To other reserves6921-€5k
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2024
30-12
Bankruptcy
Bankruptcy closure (by liquidation)
Ondernemingsrechtbank Leuven · PUNINA BV DIJK 62, 3272 MESSELBROEK · event 19-12-2024
2023
15-03
Bankruptcy
Opening
Ondernemingsrechtbank Leuven · PUNINA BV DIJK 62, 3272 MESSELBROEK · event 09-03-2023
2022
16-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 16 days late
2021
31-12
Financial
Back to profitnet €5k
Net result €5k after one loss-making year.
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
7 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
Cannot 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.
Insolvency mandates
2 mandates| Role | Name | Tenure |
|---|---|---|
| Curator | ANOUK DE VLEESHOUWER ENGELANDSTRAAT 61,
3290 DIEST |
09-03-2023 → present |
| Curator | ELS VAN ERUM ENGELAND-
STRAAT 61, 3290 DIEST |
09-03-2023 → present |