PuriFungi
ActiveThe computed 12-month bankruptcy probability of PuriFungi is 2.2% (moderate). The 2024 annual accounts show equity of €11k and a net result of €-6k. Equity is shrinking by ~14.2% per year across the filed fiscal years. Its solvency ranks better than 48% of 240 sector peers (fiscal year 2024). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
34
/ 100
Weak
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability0▼-60
Solvency59▼-16
Growth32=
Track record94
Bankruptcy probability, 12 months
2.2%
Moderate
0%0.5%1.5%4%10%≥ 25%
No publishable credit limit; credit only on tighter terms
Liquidity tight (current ratio 1.05 against 1.24 in 2023; short-term debt: 65.8% and cash: 7.3% of total assets), and 65.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
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
34.2%
Return on assets
-19.7%
Age of the figures
21 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 38
Relative position
BE, all sectors
reference
Sector 38
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024Net result per financial year
21222324
2021 to 2024 · latest year €-6k
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 30-06-2025, 31 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
not confirmed
2024
31 d early
2023
45 d early
2022
32 d early
2021
9 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€11k▼ 36.6%
2023 · €17k
2021: €19k
2022: €20k
2023: €17k
2021 → 2024
Total assets
€32k▼ 6.7%
2023 · €34k
2021: €30k
2022: €38k
2023: €34k
2021 → 2024
Net result
€-6k▼ 161%
2023 · €-2k
2021: €4k
2022: €413
2023: €-2k
2021 → 2024
Working capital
€1k▼ 73.4%
2023 · €4k
2021: €15k
2022: €5k
2023: €4k
2021 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2021202220232024Trend
Equity€19k-€20k▲ 2.1%€17k▼ 12.3%€11k▼ 36.6%
Operating result€4k-€428▼ 90.3%€-2k€-6k▼ 171%
Net result€4k-€413▼ 90.2%€-2k€-6k▼ 161%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €6k in 2024 against €2k in 2023; the loss grows and 2024 has the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €32k
Fixed assets
€10k▼ 25.0%
Current assets
€22k▲ 4.6%
Equity and liabilities €32k
Equity
€11k▼ 36.6%
Debt
€21k▲ 23.5%
The debt ratio rises from 49.8% to 65.8%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-3k▼
2023 · €962
Cash flow
€-3k▼
2023 · €864
Solvency
34.2%▼
2023 · 50.2%
Current ratio
1.05▼
2023 · 1.24
Quick ratio
0.77▼
2023 · 0.78
Debt / equity
1.93▲
2023 · 0.99
ROE
-57.7%▼
2023 · -14.0%
ROA
-19.7%▼
2023 · -7.0%
Interest coverage
-93.42▼
2023 · 9.77
Debt
€21k▲
2023 · €17k
Debt ≤ 1 year
€21k▲
2023 · €17k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€34k€32k▼
Fixed assets21/28€13k€10k▼
Intangible fixed assets21€10k€8k▼
Tangible fixed assets22/27€3k€2k▼
Furniture and vehicles24€3k€2k▼
Current assets29/58€21k€22k▲
Stocks and contracts in progress3€8k€6k▼
Stocks30/36€8k€6k▼
Amounts receivable within one year40/41€3k€5k▲
Trade receivables40€3k€5k▲
Other amounts receivable41€32€184▲
Cash at bank and in hand54/58€2k€2k▲
Deferred charges and accrued income490/1€8k€8k=
Equity and liabilities
Total equity and liabilities10/49€34k€32k▼
Equity10/15€17k€11k▼
Contributions10/11€15k€15k=
Profit (loss) carried forward14€2k€-4k▼
Amounts payable17/49€17k€21k▲
Amounts payable within one year42/48€17k€21k▲
Trade debts44€1k€750▼
Suppliers440/4€1k€750▼
Other amounts payable47/48€16k€20k▲
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€3k=
Gross operating margin9900€962€-3k▼
Operating profit (loss)9901€-2k€-6k▼
Financial income75/76B-€0
Recurring financial income75-€0
Financial charges65/66B€99€32▼
Recurring financial charges65€99€32▼
Profit (loss) for the period before taxes9903€-2k€-6k▼
Profit (loss) for the period9904€-2k€-6k▼
Profit (loss) for the period to be appropriated9905€-2k€-6k▼
Appropriation of the result
Profit (loss) to be appropriated9906€2k€-4k▼
Profit (loss) brought forward from the previous period14P€5k€2k▼
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
30-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €-6k
Net result drops to €-6k, the lowest in the series.
16-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
29-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
22-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Seraing · 1 establishment unit since 2020
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.
Rue du Bois St-Jean 154102 Seraing1 establishment unit
PuriFungi
since 20202.310.412.415
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Of 393 companies in sector 38110 we hold annual accounts for 202. 51 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded07-12-2020
Fiscal year end31-12
Activities, NACEBEL
38110Waste collection, recovery and disposal activities
38210Materials recovery from waste
38211Waste collection, recovery and disposal activities
38219Waste collection, recovery and disposal activities
38321Waste collection, recovery and disposal activities
38329Waste collection, recovery and disposal activities
38330Waste collection, recovery and disposal activities
39000Remediation activities and other waste management service activities
70200Business and other management consultancy
70220Business consulting
74109Other professional, scientific and technical activities
74140Other specialised design activities
85599Other education
90031Arts creation and performing arts activities
90111Literary creation
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filings
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryE-mail:info@purifungi.com